Everyone able to make music = saturated dying industry?

Discussion in 'Lounge' started by Jake Jlinngall, Jul 14, 2021.

  1. DoubleSharp

    DoubleSharp Platinum Record

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    https://en.wikipedia.org/wiki/Noise:_The_Political_Economy_of_Music

    Many people now believe the main theories of that book are going to become prevelant in other aspects of human life. The scary thing is that the Book was written released a couple of years before the first digitally recorded album and a few decades before the internet was in the homes of the masses.
     
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  2. DoubleSharp

    DoubleSharp Platinum Record

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    ...continued, it's almost destoryed the marxist theory (which isn't some call for idiot politicos to start arguing what they do not understand). In many ways the ying to capitalisms yang. (I'm thinking pre 1970s before neoliberalism destroyed the nation states ability to have some aegis over own labour markets. (No not migrants, the fact big business just fucks off if you ask for a little more taxes from them)

    IOW the workers are no longer the means of production...

    Very interesting book.
     
  3. BEAT16

    BEAT16 Audiosexual

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    Hello @DoubleTake, agree with this - I still remember this example:

    As long as you just paint and draw in your spare time, you're doing it because you enjoy it. The motivation just comes from within yourself. But when you get money for your work of art for the first time, there will be an external incentive to your inner motivation. And that is exactly what can be very insidious. It's even scientifically proven! That is then called the corruption effect.

    That means exactly. As soon as you get money for something that you like to do in yourself, at some point you will only do it for the money or at least not without it. What's more. You also need more money from time to time as an external incentive to do something at all.

    As long as you just paint and draw in your spare time, you're doing it because you enjoy it. The motivation just comes from within yourself. But when you get money for your work of art for the first time, there will be an external incentive to your inner motivation. And that is exactly what can be very insidious. It's even scientifically proven! That is then called the corruption effect.

    That means exactly. As soon as you get money for something that you like to do in yourself, at some point you will only do it for the money or at least not without it. What's more. You also need more money from time to time as an external incentive to do something at all.

    Concrete. In the beginning you just paint because you enjoy it. At some point someone will offer you € 500 for painting a picture for them. You are totally happy. Maybe you get 500 € for another picture. And at some point, very slowly, you only paint when you get money for it, but no longer just like that. And one fine day, 500 € won't be enough for you either. After all, you have experience now and your works are worth more, right? The transition from hobby to pressure is gradual.

    What happened? Your actual hobby “painting” has become something that you only do in return for something in return, but no longer just for the fun of being happy. Become an artist It's a shame, isn't it? Therefore. There are absolutely advantages to doing art simply as a counterbalance to everyday life. Because you enjoy being creative - for no other reason! And we find. You are absolutely an artist even if it's just your hobby. Source: www.schnaud.de/2019/09/23/kuenstler-werden/
     
  4. Ankit

    Ankit Guest

    It's easy to make a living out of music than those earlier days. Very easy.
     
  5. BEAT16

    BEAT16 Audiosexual

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    Can you explain it in more detail - maybe you have some examples?
     
  6. Xupito

    Xupito Audiosexual

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    WTF :rofl:
     
  7. DoubleTake

    DoubleTake Audiosexual

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    Sorry an no offense but i find your laughter a little fascist/racist.
    Actually, i find my own reply a little fascist/racist.
    Holy shit my computer desk seems ... fascist/racist.
    My cat...
    The dishwasher..
    Insulating foam...
     
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  8. Domo

    Domo Guest

    I like Boris Brejcha´s lucky story.

    He never worked as DJ or producer until around 2013, Boris never went into clubs to have some party.
    He had and has his own unique style of EDM/Techno and he had no idea how good it was.
    He sent one of his tracks to a german music contest (recording.de) without any intention to win or whatever.
    Boris won the 1st prize and received his 1st gig in Brazil right after which was a success because the
    guests there in Brazil loved his music.

    The rest that happened is well known to EDM music lovers.
    His tracks from around 2016-17 are the best of his own Brejcha style.

    Some of his tracks and mixes have 30million views on youtube and his concerts are sold out usually.

    So today its a maybe a combination of Luck, Fate, Uniqueness and the right moment to show up on this world.

    Boris went from the unknown poor "Mothers Basement" producer to a world leading EDM producer in 2-3 years.
     
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  9. Stuck In The 80s

    Stuck In The 80s Rock Star

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    The OP comes on every couple of months and starts a new post whinging about not been able to make it (fame, money, groupies etc)

    The funniest one he did was his fear of sharing any of his content online through fear that the "industry" would discover it and make it a number #1 for another artist.

    The music industry has always been saturated, and technology has always made music making more accessible to those who don't have the best singing voice, or are not a master at playing a particular instrument.
     
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  10. ThrashHead

    ThrashHead Platinum Record

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    In the end it's very simple:

    If you're not making money with your art - it's you that's doing something wrong, not the market, not saturation, not industry, not ____ (add in more excuses). Let's be real honest here. If you're not making money, you're doing multiple things wrong and not enough things right. Admit that to yourself and change it.

    - Find out what isn't working and stop doing that.

    - Find out what does work and do more of that. A LOT more of it.

    - Learn from other people that are already successful in what you want to do.

    - Buy crypto as a hedge. :winker:
     
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  11. BEAT16

    BEAT16 Audiosexual

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    Better buy gold than hedge :wink:
     
  12. waverider

    waverider Rock Star

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    Give a musician some investment, and he'll have a hedge.
    Give him a pair of hedge scissors, and he can create new hedges for the rest of his life. :mates:
     
  13. BEAT16

    BEAT16 Audiosexual

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    Give everyone an unconditional income. And many problems are solved. So that there is more culture and art again. As long as one has to enslave oneself for money and have to pay excessive rents, this will be nothing with paradise on earth. So far, the money has been flowing from the bottom up. The internet is an opportunity - let's use it. (Sorry if this has become political - but I have to get rid of that.)
     
  14. triggerflipper

    triggerflipper Audiosexual

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    Nothing but amazing life advice here. I would also add be strong, don't be weak, learn to love yourself, and make sure your penis is at least 12 inches long.
     
  15. ThrashHead

    ThrashHead Platinum Record

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    Peter, is that you, ya' old gold bug? :guru:

    No thanks. I'm in it for the looooong haul. I'll take the best performing assets in history (crypto) over chunks of metals.
    also - try carrying millions of dollars in metal around with you. Hard pass.
    https://cryptonews.com.au/chart-sho...-for-past-10-years-vs-gold-s-p-500-and-stocks

    ---
    Speaking of gold. Here's a thought experiment:

    What's going to happen to the valuation of gold (and other precious metals) when off planet mining begins? Mining asteroids and planets is coming sooner than people think. It's a major goal of the space industry. When that happens, gold will tank as it's scarcity evaporates. Of course I say this more for the longer term future. Golds future as an investment vehicle for "generational wealth" isn't bright imo. Deflationary crypto on the other hand has a bright future.

    ... and speaking of investing... that space industry is loaded with opportunities too. There's a lot of opportunities in the picks and shovels so to speak than the actual resources being extracted.
    https://duckduckgo.com/?q=asteroid+mining+gold
     
  16. BEAT16

    BEAT16 Audiosexual

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    Financial speculation
    When will the Bitcoin bubble burst?

    The price development of Bitcoin allows only one conclusion: The crypto currency is in a speculative bubble. The question is how much longer.
    The past few days should have reminded many investors of the risk of a setback in the price of Bitcoin and other crypto currencies at the current level. Bitcoin, the most important cyber currency, reached a record high of almost $ 65,000 in mid-April. Then a few speculations about a possible tax increase that US President Joe Biden (78) might have in mind, and the Bitcoin price slipped violently. Within a few days it went down to $ 50,000, which is a minus of almost 24 percent. Since then, the Bitcoin price has risen slightly again to around $ 54,000.
    Such fluctuations, which are not uncommon in the crypto market, are a sign that this niche of the investment market is not a suitable place for a solid financial investment. This is also shown by the long-term view, in which the short-term ups and downs mentioned do not play a major role: twelve months ago, a Bitcoin cost less than $ 8,000. The price has thus risen by more than 700 percent to its record high in mid-April. The similarity of this rally to the 2017 Bitcoin hype is evident. At the time, the rate rose from less than $ 800 at the beginning of the year to nearly $ 20,000 in December - only to plummet again in the months that followed.

    In retrospect, the price trend three years ago can be seen as a prime example of a speculative bubble that was initially inflated and then burst. And there is much to suggest that the same thing is currently being repeated on the crypto market.

    Similar phenomena have often occurred in the financial market. A prominent example are the price exaggerations in Internet stocks at the turn of the millennium ("dot-com bubble"). The US tech index Nasdaq Composite rose by around 400 percent between 1995 and March 2000 - then it fell sharply by almost 80 percent. In this country, around the same time, the notorious Nemax 50, an index for technology shares on what was then the New Market of the Frankfurt Stock Exchange, rose from a recalculated 1000 points in 1997 to almost 10,000 points in the spring of 2000. What happened next is well known: In autumn 2002 the Nemax was only listed at a value of a good 300 points.

    Where is the substantial value of a bitcoin?
    One difference: 20 years ago, at least 20 years ago, there were still companies with business models from which possible operational successes in the future could be derived. In this way one could justify strong price increases, at least in theory.

    This is different with crypto currencies: even on closer inspection, it is hardly possible to see where the substantial value of an investment should be. Various institutional investors such as Goldman Sachs or Bank of New York Mellon are now turning to the segment. In doing so, however, they often only reflect the trend that they do not want to be left out of. ("Fear of Missing Out"). Companies in the real economy such as PayPal or Tesla also show that they take Bitcoins seriously and want to accept them as a means of payment. But who is currently actually paying for their purchases with Bitcoins?

    BTC / USD
    $ 31,688.2550
    -1,163.2500 (-3.54%)

    The fact is: Anyone who is currently investing their money in these cyber currencies is doing so primarily in the hope that the price will continue to rise - and that is the textbook definition for speculation. The best example is the car manufacturer Tesla, which made headlines at the beginning of the year with its billion-euro investment in Bitcoins. When the company's business figures were published a few days ago, it became clear: By reselling some of these bitcoins, Tesla boss Elon Musk (49) improved his group's quarterly profit.

    Jerome Powell (68), head of the US Federal Reserve, recently said that cryptocurrencies are highly volatile and therefore not really useful for storing value, especially since they are not secured by anything. Cyber money is more of a speculative asset, according to the central banker.
    Large majority of finance professionals believe in the Bitcoin bubble

    According to Bloomberg, the Canadian analysis firm BCA Research comes to the same conclusion. Other prominent sources also made other skeptical comments, which can ultimately also affect the price. For example, there is increasing criticism that Bitcoin mining in countries like China or Russia is increasingly using energy from coal power, which has a significant impact on the environment. Facebook and PayPal investor Peter Thiel (53), himself a crypto investor with a presumably good cut, recently warned against Bitcoin as a possible "Chinese financial weapon" and called for more control over cyber money.

    US billionaire Ray Dalio (71) goes one step further. The founder of the world's largest hedge fund, Bridgewater Associates, can imagine that Bitcoin faces the same fate as gold experienced in the 1930s. Because cash and government bonds had become unattractive at the time, investors switched to other assets, Dalio said in a recent interview. As a result, the state took action. "They banned gold," says the professional investor. "That is why a Bitcoin ban is quite possible."

    Bursting the bubble: not if, but when
    The result of a survey recently carried out by Bank of America appears somewhat less radical, but at least as alarming. At the preliminary high point of the Bitcoin price hype a few days ago, the institute asked investment professionals for their assessment of the price development. Result: 148 out of 200 and thus 74 percent of the financial professionals surveyed stated that Bitcoin was in a speculative bubble.

    Source: www.manager-magazin.de/finanzen/geldanlage/bitcoin-wann-platzt-die-blase-mit-der-kryptowaehrung-a-0c1d9883-4f34-4353-a58e-4c6ad28f0c47
     
  17. Crinklebumps

    Crinklebumps Audiosexual

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    Making a living in the music industry is hard enough but hoping to 'make it big' is pretty much impossible unless your age fits, your face fits, your body fits and you're autotunable. I failed on all of those points so no MTV for me. I guess another question might be 'can ugly bands still make it with good songs'? I think they can if they're very, very lucky. But it has and always will be a mug's game if you set out to make money. If you want to make money get a real job.
     
  18. Xupito

    Xupito Audiosexual

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    I was thinking on investing on Tesla Space X.
    Then again yesterday - true fact - a Tesla hit very badly a stopped car at a red semaphore. So strong the stopped car jumped like 1.5 m and still hit quite hard the next. Poor guys, poor necks...

    But hey, the Tesla airbags... sooo beautiful... cant say the same about its self-driving features
     
  19. mr.personality

    mr.personality Producer

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    Using your own music as soundtrack for your onlyfans masturbation videos. Beat off to the rhythm of your own mad beats. Watch the money cum pouring in!
     
    Last edited: Jul 15, 2021
  20. BEAT16

    BEAT16 Audiosexual

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    The topic is actually:
    Everyone able to make music = saturated dying industry?
    Now we are with the share prices and price losses.
    Extraction of raw materials on the moon .. let's see what comes next!
     
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