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New Ponzi scheme being shilled by scammer Alec Torrelli New Ponzi scheme being shilled by scammer Alec Torrelli

10-28-2021 , 11:59 PM
It's a pizza, wrapped inside a taco...

Hey guys, maybe Torelli really needs the $.

Agree, we need the man that can bring the #bazam!
New Ponzi scheme being shilled by scammer Alec Torrelli Quote
10-30-2021 , 02:21 PM
Quote:
Originally Posted by PTLou
Pretty sure the NFT fad will die quickly. It's just the next evolution of meme tokens, generate some hype whilst you own all the inventory, let it go up even 2% then dump it before it crashes and hope you obfuscated your transaction history well enough nobody knows it was you. Except with NFT's there's no vesting period, just hope people are dumb enough to pay whatever you're asking.

NFT's have the slight advantage of "making more sense" to a layperson since they're able to quantify it as something tangible (ironic). If someone buys some shitcoin they dont feel like they really own anything, they're just a troll hoping it goes up in value a little before they too can sell it. But NFT's are something your parents could buy into. Eventually they'll come to the puzzled conclusion that they own nothing and would rather have a tattered baseball card they can touch and feel rather than a picture of a tattered baseball card on a thumb drive that anybody could duplicate.

NFT's might be interesting in a futureworld where omnipresent DRM controls all devices, but until then absolutely worthless. Then again value is in the eye of the beholder, so if people want to pump up milfcoin and you can trade it for Tesla who's to say it doesnt have value?

Last edited by javi; 10-30-2021 at 02:28 PM.
New Ponzi scheme being shilled by scammer Alec Torrelli Quote
10-30-2021 , 03:46 PM
Quote:
Originally Posted by javi
Pretty sure the NFT fad will die quickly. It's just the next evolution of meme tokens, generate some hype whilst you own all the inventory, let it go up even 2% then dump it before it crashes and hope you obfuscated your transaction history well enough nobody knows it was you. Except with NFT's there's no vesting period, just hope people are dumb enough to pay whatever you're asking.

NFT's have the slight advantage of "making more sense" to a layperson since they're able to quantify it as something tangible (ironic). If someone buys some shitcoin they dont feel like they really own anything, they're just a troll hoping it goes up in value a little before they too can sell it. But NFT's are something your parents could buy into. Eventually they'll come to the puzzled conclusion that they own nothing and would rather have a tattered baseball card they can touch and feel rather than a picture of a tattered baseball card on a thumb drive that anybody could duplicate.

NFT's might be interesting in a futureworld where omnipresent DRM controls all devices, but until then absolutely worthless. Then again value is in the eye of the beholder, so if people want to pump up milfcoin and you can trade it for Tesla who's to say it doesnt have value?
You're underestimating NFT's. It's not all digital art. Cryptokitties are NFT.
New Ponzi scheme being shilled by scammer Alec Torrelli Quote
10-30-2021 , 04:55 PM
I'm on the fence with NFT's. Im not comparing them to currency, but many thought bitcoin was a galactically stupid concept when it traded for pennies.

Videos of Lebron, pictures of kitties, and squiggly lines might quickly fade away, and that might be the last we hear the term NFT

My intuition is that NFTs will continue to morph it more and more accepted forms of collectible "things" and maybe morph into something that has yet to be considered.

All I know about them so far is what my son in law taught me. He took $2,000 and played around with TopShot early on. Turned that into $5,000. Took that and started learning about and investing in NFT Art. Made some good decisions and less than a year later has $300,000 of cash. With another $100k+ of inventory that he could sell now (with current bids), but chose to keep a few pieces see where it goes. He doesnt care if they go to zero. He'd rather have a shot the millions.

If he hadn't sold some of his original pieces early on, a few of them would sell for millions today. But they could have also gone to zero and he wouldn't have the $300k
New Ponzi scheme being shilled by scammer Alec Torrelli Quote
10-30-2021 , 07:07 PM
Quote:
Originally Posted by javi
Pretty sure the NFT fad will die quickly. It's just the next evolution of meme tokens, generate some hype whilst you own all the inventory, let it go up even 2% then dump it before it crashes and hope you obfuscated your transaction history well enough nobody knows it was you. Except with NFT's there's no vesting period, just hope people are dumb enough to pay whatever you're asking.

NFT's have the slight advantage of "making more sense" to a layperson since they're able to quantify it as something tangible (ironic). If someone buys some shitcoin they dont feel like they really own anything, they're just a troll hoping it goes up in value a little before they too can sell it. But NFT's are something your parents could buy into. Eventually they'll come to the puzzled conclusion that they own nothing and would rather have a tattered baseball card they can touch and feel rather than a picture of a tattered baseball card on a thumb drive that anybody could duplicate.

NFT's might be interesting in a futureworld where omnipresent DRM controls all devices, but until then absolutely worthless. Then again value is in the eye of the beholder, so if people want to pump up milfcoin and you can trade it for Tesla who's to say it doesnt have value?
Sturgeon's Law applies here of course, but imo NFTs haven't even arrived yet. FB transforming into Meta shows how important they think the metaverse and online life will be going forward. NFTs are going to be the way to verify authenticity, create identities+communities and show off/signal style, wealth, and values in the metaverse. Disclaimer: IMVHO. I'm still trying to grasp it myself.
New Ponzi scheme being shilled by scammer Alec Torrelli Quote
10-30-2021 , 09:05 PM
New Ponzi scheme being shilled by scammer Alec Torrelli Quote
10-30-2021 , 09:19 PM
Quote:
Originally Posted by Bobo Fett
The number of subscribers seems rather irrelevant - I'd think comparing to the 3366 views would make more sense. I'm certainly no expert on YouTube comment ratios, but that doesn't seem too crazy. Or maybe he's deleting negative comments, if that's allowed.
Quote:
Originally Posted by Masq
There's always the option to buy subscribers.

The channel has been around for quite some time so maybe it's a legit 60k. Or maybe artificially inflated.
Both of you are correct. Alec bought subscribers a few years ago. This was obvious from a huge single-day spike on Socialblade. But it's also true that he has heavily sanitized his social media, banning masses of people that are critical of him. As a result he gets abnormally low engagement.

To be fair, he seems to have legitimately grown his channel the last few years. More than half of his subscribers are real.
New Ponzi scheme being shilled by scammer Alec Torrelli Quote
10-31-2021 , 07:45 AM
Quote:
Originally Posted by TRUSTtheDRAWCESS
The difference in your example is that the physical piece of art someone buys to hang in their house, they can physically see it and hold it and only they can have it in their house.

If I buy an nft of something, anyone can still go and view that image online, in the exact same way that I do, but the only difference is I have a receipt on some Ledger saying that I paid money too have it.
NFTs can be more than an image. It can be a video file that only the holder(s) can see. Or an eBook, webpage, domain name, 3-d model, video game, etc., etc.

Also, an NFT can represent a contract of sole ownership of an intellectual property.

On top of that, the creator of an NFT can receive a percentage of each future sale of the NFT in perpetuity.

NFT marketplaces are currently flooded with hot trash Elon Musk photoshops and MSPaint drawings done in 60 seconds, so a lot of people associate NFTs as a whole with that hot trash.
New Ponzi scheme being shilled by scammer Alec Torrelli Quote
10-31-2021 , 11:43 AM
Didnt NFTs start when you could buy NBA highlights that any pleeb could go on espn.com and watch
New Ponzi scheme being shilled by scammer Alec Torrelli Quote
10-31-2021 , 12:27 PM
Quote:
Originally Posted by dude45
Didnt NFTs start when you could buy NBA highlights that any pleeb could go on espn.com and watch
Yes, this sort of stuff was the beginning. https://sports-top-nfts.com/
Has branched off into all sorts of stuff.

Quote:
Originally Posted by madmansam
Sturgeon's Law applies here of course, but imo NFTs haven't even arrived yet. FB transforming into Meta shows how important they think the metaverse and online life will be going forward. NFTs are going to be the way to verify authenticity, create identities+communities and show off/signal style, wealth, and values in the metaverse. Disclaimer: IMVHO. I'm still trying to grasp it myself.
great way to frame it up. connections to metaverse was something that hadn;t clicked for me yet. I'd also agree with bolded part.

A protocol (TCP-IP) was the birth of the internet. At the time of its introduction nobody, I mean absolutely nobody, could forecast what TCP-IP would lead to and how it would change how we all live. Even for those that did, they lowballed its impact by multiple orders of magnitude

Blockchain ( as a protocol, if its OK to call it that) is at that same level, imo. We haven't even scratched the surface of the surface in the ways that this protocol will change how we live. Aside from Crypto currency, NFTs are just another example of how blockchain will change what we do and how we do it.
New Ponzi scheme being shilled by scammer Alec Torrelli Quote
10-31-2021 , 01:13 PM
Quote:
Originally Posted by dude45
Didnt NFTs start when you could buy NBA highlights that any pleeb could go on espn.com and watch
No, sports video NFTs were not the first NFTs.
New Ponzi scheme being shilled by scammer Alec Torrelli Quote
10-31-2021 , 01:40 PM
wow. they go back almost a decade. great article I found after reading your comment above

https://medium.com/@Andrew.Steinwold...s-f362ca57ae10
New Ponzi scheme being shilled by scammer Alec Torrelli Quote
10-31-2021 , 02:35 PM
Quote:
Originally Posted by Dick Tracy
No, sports video NFTs were not the first NFTs.
Yeah, even CryptoKitties were around waaaay before NBA Top Shot.
New Ponzi scheme being shilled by scammer Alec Torrelli Quote
10-31-2021 , 03:17 PM
remember when i had a lengthy discussion with torelli, i was being respectful and not mentioning any of his shill things and then out of nowhere he just told me that he only got into making poker content because he gets lonely and enjoys sharing with people

i started asking him a bunch of follow up questions like "oh so you just started doing this as a hobby and a side business grew out of it organically" etc etc

he straight up said that everything was done as a hobby until he founded conscious poker in 2017

i then showed him this https://namoffers.com/taste-success-...-alec-torelli/ from 2014 and asked him why he just lied through his teeth to me

Quote:
Frederik:
For how long have you been in the industry?
Alec:
I started 7 years ago as an affiliate for PartyPoker, signing people up to play online poker. When I turned pro and dedicated myself full time to poker I gave marketing a break for a few years. It wasn’t until 2009 that I started taking things more seriously and my business has grown ever since.
i hadn't brought the subject up, we hadn't gone near that topic, he out of nowhere and unsolicited started bringing it up and started off with a bunch of lies

he stopped responding after that
New Ponzi scheme being shilled by scammer Alec Torrelli Quote
10-31-2021 , 10:51 PM
You ever notice all those "friends" he came up with like Benefield, Robl, Galfond , Dwan etc. have had zero association with this guy in years while succeeding in poker. Torelli is still nitting it up in 5/10 games while they are all playing nosebleed stakes.
New Ponzi scheme being shilled by scammer Alec Torrelli Quote
11-04-2021 , 02:26 PM
Quote:
Originally Posted by PTLou
I'm on the fence with NFT's. Im not comparing them to currency, but many thought bitcoin was a galactically stupid concept when it traded for pennies.

Videos of Lebron, pictures of kitties, and squiggly lines might quickly fade away, and that might be the last we hear the term NFT

My intuition is that NFTs will continue to morph it more and more accepted forms of collectible "things" and maybe morph into something that has yet to be considered.

All I know about them so far is what my son in law taught me. He took $2,000 and played around with TopShot early on. Turned that into $5,000. Took that and started learning about and investing in NFT Art. Made some good decisions and less than a year later has $300,000 of cash. With another $100k+ of inventory that he could sell now (with current bids), but chose to keep a few pieces see where it goes. He doesnt care if they go to zero. He'd rather have a shot the millions.

If he hadn't sold some of his original pieces early on, a few of them would sell for millions today. But they could have also gone to zero and he wouldn't have the $300k
sounds like a smart kid ...
New Ponzi scheme being shilled by scammer Alec Torrelli Quote
11-09-2021 , 03:02 PM
I saw Alec's advertising for his training about a year ago and it looked legit at the time. I started following his emails and facebook posts etc. and it seemed to me at the time that his credentials and winning record were a little shallow but his site looked professionally put together and he certainly had a serious marketing program. But then the whole thing started to verge off into the bizaare with the BitClout emails followed by the "Histroy of Money" tangents culminating into this weird, to say the least, conference he was putting on in LA. What did all this have to do with poker, I said to myself. This is when I knew the whole thing was a scam right from the beginning! Happy I didn't waste more than time in all this.


Welcome to Alec Torelli
Hi William,

Happy Friday! Hope this finds you well, sliding into the weekend after a great week.

I'm hosting the first ever (socially-distanced) BitClout meetup in LA tomorrow! Look out for more info about it below.
BITCLOUT MEETUP TOMORROW


I'm excited to link up with fellow early adopters and talk about this revolutionary new platform!

We'll be at the Beverly Canon Gardens in Beverly Hills at 11:00 AM. If you're interested in BitClout, come out and let's connect. RSVP at bitcloutmeetup.com.

No worries if you're not on BitClout yet—just reply to me here and I'll reserve you a table.
NEW VLOG!


THE FUTURE OF MONEY: WHAT IS MONEY?
Last week, I dropped the first article of my new series, The Future of Money, entitled "What is Money?" Here's the video to go along with it!

I briefly discuss the origin of money and price, then dive into the relationship between time and money.

Little-known fact: The classic aphorism, "Time is money" first appeared in Benjamin Franklin’s 1748 essay, "Advice to a Young Tradesman."

I'll bet just about every single person reading this has heard that more times than they can count, but is it true?
Watch the video here

WHAT I'M THINKING ABOUT



THANKS FOR YOUR SUPPORT!

Hope to see some of you at the meetup tomorrow! But if you can't make it in person and still want to talk BitClout, follow me here and reach out.

Week after week, I love hearing from you guys about what struck a chord with you most, suggestions for future content, or whatever else is on your mind.

Feel free to drop me your $0.02. Simply hit 'reply' and hit me up directly.

Alec ♠️
Let's connect on social!
New Ponzi scheme being shilled by scammer Alec Torrelli Quote

      
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