The satirical Non-Fungible Olive Gardens sold more than $130k in volume

Re:The satirical Non-Fungible Olive Gardens sold more than $... by seoaeu on Thursday December 23, 2021 @07:03PM (#29668146)

> In my experience, it's pretty rare

How could you possibly know this? Basically the entire blockchain ecosystem is set up to prevent distinguishing whether wash trading is prevalent or not.

Edit: And even if you can establish that there's multiple people involved, they still might be colluding among themselves to create the illusion of demand.

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Re:The satirical Non-Fungible Olive Gardens sold more than $... by iskander on Thursday December 23, 2021 @07:06PM (#29668169)

Participation in discords and NFT trading telegrams. You can see what people buy and that often the hot potato ladder involves multiple verifiably distinct persons.

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Re:The satirical Non-Fungible Olive Gardens sold more than $... by mrtksn on Thursday December 23, 2021 @07:19PM (#29668263)

Is the last person who bought it before the interest diminishes the bag holder?

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Re:The satirical Non-Fungible Olive Gardens sold more than $... by iskander on Thursday December 23, 2021 @07:50PM (#29668548)

Yeah, that's right. Though crypto now seems to experience interlocked cycles of "rotations", so interest sometimes comes back after a few months

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Re:The satirical Non-Fungible Olive Gardens sold more than $... by rootveg on Thursday December 23, 2021 @07:34PM (#29668401)

What are popular telegram groups and discord channel for NFT trading?

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Re:The satirical Non-Fungible Olive Gardens sold more than $... by iskander on Thursday December 23, 2021 @07:57PM (#29668625)

There is usually a Discord associated with each project (including the one in this post)

Public NFT trading telegrams are a very noisy/scam-y scene, I think that many people gravitate towards smaller private ones with a circle of <50 friends.

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