Asmongold celebrates the crypto and NFT crash: \u201cI don\u2019t feel bad\u201d AsmongoldTwitch star Asmongold couldn\u2019t help ut laugh at the massive crash of the crypto and NFT market as he\u2019s been a vocal opponent of the technology since its inception. The cryptocurrency market, as well as the NFT market, are in complete freefall right now. One of the most popular cryptocurrencies, Luna, has collapsed entirely losing nearly all of its value in mere days. Asmongold has long been an opponent of investing in crypto and has said he\u2019s worried young investors are in over their head when investing in the new technology \u2013 prompting his reaction to the latest crash. Asmongold reacts to crypto crash The 30-year-old streamer admitted he wasn\u2019t even going to go live on Twitch, but when he caught wind of the crypto crash, he just had to turn the camera on. \u201cI was about to post that I wasn\u2019t gonna go live today. And then I thought, you know what, it doesn\u2019t matter how I feel. I\u2019m not gonna miss the day where NFTs f**king die.\u201d Asmon cracked up with joy as he\u2019s continually railed against both NFTs and crypto in general for quite some time. The OTK streamer continued, \u201cI never feel bad for people who lose their money in this stuff. Because you\u2019re betting on nothing. And as soon as people realize it\u2019s nothing, they start selling and the price goes down.\u201d Asmon finished his thoughts on the crash, \u201cIt has no intrinsic value. If everybody thinks it\u2019s not worth anything, well, then it\u2019s not wort anything.\u201d Unlike company stocks, cryptocurrencies are not productive assets, such as a company, meaning their value is largely based simply on what others are willing to pay for it. The Twitch star certainly felt vindicated as he has been saying since the beginning that both crypto and NFTs weren\u2019t a solid investment.<\/p>\n","protected":false},"excerpt":{"rendered":"
Asmongold celebrates the crypto and NFT crash: \u201cI don\u2019t feel bad\u201d AsmongoldTwitch star Asmongold couldn\u2019t help ut laugh at the massive crash of the crypto and NFT market as he\u2019s been a vocal opponent of the technology since its inception. The cryptocurrency market, as well as the NFT market, are in complete freefall right now. […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-44578","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/44578","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=44578"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/44578\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=44578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=44578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=44578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}