Is the Metaverse a bubble? - page 8.

Cengghengmania21

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Quote from: Quantum907 on December 31, 2021, 05:18:41 AM

I think so, Metaverse is a trend and we should follow the trend so that we can get profit, it is crazy that 1 square meter costs more than $100 million and I believe trends and developments will always change.

Every trend that comes up always gives interest and enthusiasm from crypto users, including the Metaverse trend. because through Metaverse everything is done as if it were real. whether when trading or when used while playing

Quantum907

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I think so, Metaverse is a trend and we should follow the trend so that we can get profit, it is crazy that 1 square meter costs more than $100 million and I believe trends and developments will always change.

CryptoWebDirectory

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Personally, I don't think it's going to be a bubble. Not when you have companies like Facebook involved. I think the "metaverse" will be the future of social networking and gaming. With that will come other things like growth in NFTs..etc. For instance, one day getting on Facebook might not be just logging in from your computer to a home screen, but logging into something that looks like a virtual world where your character might work a virtual job and have virtual NFTs hanging in their virtual house. Depending on the technology, I think the Metaverse has the ability to be its own alternate world where we will each have characters (that we've designed to look like us, or who we want to be) and when people experience that I think it will become just as big as xbox, playstation and other forms of gaming.

Gorosden

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If VR technology can work till this day then Metaverse can survive as well, to experience metaverse with ease I believe there will be some kinda headset just like VR technology but now things aren't 100% up and running so metaverse still need time but I'm sure this tech will work with ease

mindrust

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Could be. We can't know it yet. That's the thing with the bubbles. You can't know it unless they pop. They say stocks are in a bubble too but the same people can't short it. If they are so sure about it, why don't they advantage of the situation?

I wouldn't invest or play with metaverse because it doesn't interest me but it will surely attract some people. In the long run nobody knows what will happen.

TheUltraElite

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Quote from: FloridaKid on December 30, 2021, 09:02:07 AM

All metaverse projects are not fully functional yet and it's accepted but that can be what we will ever see about metaverse I don't think metaverse hype will live through 2022 this could be the end of it already but all eye is on Facebook meta, let's see what happens

The crypto sector specifically the altcoins are run on hype. Every year they need something new otherwise they cant get their cheap thrills from making quick profits. Hence they prey on the media buzz trends and begin creating vaporware based on them. Same here and therefore it becomes a bubble. Recall that Satoshi never wanted people to buy bitcoin and therefore it never became a bubble unless investors went in with inorganic buy/sell.

Now if you getting a good profit by holding those coins, by all means make the profit and exit. Dont be on the notion that if you hold then you get a much bigger return - No, that is not how the altcoins work. They work on hype and they die with the loss of hype. Hence be quick to enter and exit.

It does become a frustrating rat-race which I not my thing and I prefer to stay away, but if you ask me, there is potential to profit from the hype trend and an equal potential lose money too.

traderethereum

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Quote from: Dharmmie on December 30, 2021, 03:02:22 AM

When basic technologies such as AR and VR are not yet mature, are all the metaverse projects in the market a bubble?

Can $SAND $MANA still be invested?

You can still invest in both SAND and MANA if you want, but you need to check when you can buy the coins because the price has already increased.
The technology of AR and VR still need to research and develop but it could be a bubble that can blow at any time so if you want to invest in that project, you need to explore furthermore.
But I suggest you invest in the other project that already has a history to analyze the trend and the movement and know what to decide.
Maybe Metaverse needs more time to grow but the project will offer you many things so you need to be careful.

Ararbermas

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Everything here in crypto world is a bubble because there are some greedy people who used to dump big amount when they see a lot of profits wherein common reason of rug pull.. If metaverse skyrocketed for after months it will end up like what happened to those projects that making hypes and suddenly stuck from the very low level. Just saying because that's what always happen indeed

Valak

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Metaverse is a project of the future, currently the two most prominent are sandbox and mana..
Metaverse is currently being designed by the big company META.
just see what happens in the future.

eaLiTy

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Like any other new technology, we will see new projects popping up left and right especially in the cryptocurrency space. So it is not a big surprise that all the new projects are related to NFT and the metaverse and for most part it can be called a bubble if there is no use case and some of the projects are still using the ETH network and users are tired of spending huge fees.

In the end a few projects will survive the test of time while others will fade off eventually like we always see in the market.

SlimShadyMmp

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Dont forget most of these coin have no actual use case right now so basically valuation can be either extremely high or low but I think something like sandbox with so many other platforms building ontop them it kinda makes them actually valuable and more open to wide range of users if it can get users like axie but that pure speculation so I will keep a close eye and if its going down well for them then why not hop on and ride the train For mana I dont know much about its virtual space

Yogee

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Quote from: Dharmmie on December 30, 2021, 03:02:22 AM

When basic technologies such as AR and VR are not yet mature, are all the metaverse projects in the market a bubble?

I think that market will stay but some projects entering the Metaverse could blow up after the hype. Those fundamentally sound will stay. It's the same with every trend where you see some good apples but more bad ones.

Quote from: Olatunjex on December 30, 2021, 03:03:52 AM

It is recommended to pay attention to some low-value projects, such as metabasenet.work, the key to the Metaverse.

You could at least add a disclaimer or some warning when you recommend new but higher risk projects.

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Quote from: Dharmmie on December 30, 2021, 03:02:22 AM

When basic technologies such as AR and VR are not yet mature,

That's need the time to make it becomes more mature and it can also be developed while so many projects are using it and why are you feeling skeptism about that? It seems like that AR becomes even better right now. I see that some crypto projects were using this rather than VR

Quote from: Dharmmie on December 30, 2021, 03:02:22 AM

are all the metaverse projects in the market a bubble?

All of cryptos are bubble and there was no exception for some project that didn't a bubble. In cryptos it's always related to the prediction and speculation. That means if whole of cryptos are bubble. Metaverse tokens as well.

Quote from: Dharmmie on December 30, 2021, 03:02:22 AM

Can $SAND $MANA still be invested?

Both can but valuation were too big to be considered as a golden opportunity. It's better fo search for the new gems in the market that will give you huge chance to grow up your money easily rather than investing in the big marketcap coin or tokens. This will give you less ROI compared when you're investing in the low marketcap coin aka hidden gem.

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Quote from: nelson4lov on December 30, 2021, 06:29:21 PM

Quote from: Dharmmie on December 30, 2021, 03:02:22 AM

When basic technologies such as AR and VR are not yet mature, are all the metaverse projects in the market a bubble?

Can $SAND $MANA still be invested?

If anything, Metaverse isn't a bubble at least not right now because plenty of work has gone into the Metaverse industry for a while now whether crypto or traditional Metaverse projects. While it hasn't gotten anywhere close to perfect yet, there's still a lot of promises for both VR, AR and even MR.

We're still at the early stages with Metaverse in crypto. I feel this trend will stay relevant for as long as possible considering Metaverse is considered the future of technology which is why top firms like Facebook are going balls deep into the space.

Well, it is just to hope that it was firm as it is. We may consider this as another blockchain development and think that other platforms will create after this. Nothing will last forever, this is what I take but at least we're given such an opportunity to make money from them. It is too early to make such a conclusion but I do believe that that will give us the benefit and so the developers to make money as well.

As we are in this early stage, we all become hopeful to see it succeed but not to give 100% that everything will work fine.

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Quote from: Dharmmie on December 30, 2021, 03:02:22 AM

When basic technologies such as AR and VR are not yet mature, are all the metaverse projects in the market a bubble?

Can $SAND $MANA still be invested?

If anything, Metaverse isn't a bubble at least not right now because plenty of work has gone into the Metaverse industry for a while now whether crypto or traditional Metaverse projects. While it hasn't gotten anywhere close to perfect yet, there's still a lot of promises for both VR, AR and even MR.

We're still at the early stages with Metaverse in crypto. I feel this trend will stay relevant for as long as possible considering Metaverse is considered the future of technology which is why top firms like Facebook are going balls deep into the space.

dothebeats

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I wouldn't bank on the metaverse 100%, but I don't like to call it a fad either. The development of the metaverse may even cause AR and VR advancements to accelerate, although of course if projects are really enthusiastic about it, and are really into making the developments for that certain field. Otherwise, it's just yet another money grab from the devs and nothing has changed at all, apart from some pockets that are robbed of dollars that went to nothing.

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Quote from: Dharmmie on December 30, 2021, 03:02:22 AM

When basic technologies such as AR and VR are not yet mature, are all the metaverse projects in the market a bubble?

Can $SAND $MANA still be invested?

Yes, those two are the most talked-about metaverse. It may not that be too late to invest with them but they've moved up already. People are talking about it for 2022 as one of the projects that are going to make a great pump but we don't know. And for your question, if the trend of metaverse is a bubble, it's always like that. Whenever there are new trends, we're all thinking that they're a bubble. It's always the same and even bitcoin, people will always say that it's a bubble whether an investor or not. Although we know the reality on how it's being moved and it's not a bubble.

el kaka22

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Quote from: hello_good_sir on December 30, 2021, 08:46:25 AM

Yes, in my opinion.

MANA and SAND don't have fully functioning ecosystems, and it is unlikely that they will be able to compete with Facebook's proprietary metaverse. So I'm not sure why people would be flocking to invest in these protocols.

It's all narratives and pumped up prices for now, until there is real utility to the things on these platforms.

There is a good chance that those will be the first ones to skyrocket, doesn't mean that they will stay at the top but they are at the top and right now all the money goes there. There is also a good enough reason for people to boost their own things as well and that's one of the main reasons why things worth as much as they do right now.

For example, one guy with 5 million dollars could mint new NFT, and buy it from himself, may end up losing a few grand on fee's but at the end of the day he would be "holding" a 5 million dollar worth NFT, if he can convince some other person. Even if he manages to sell it for 500k, that would be a huge profit. I am guessing that metaverse is getting the same deal, many people buying and selling from themselves resulting with high prices and people who buy with their own money do it because they fail to see that trick.

masterrex

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Quote from: Dharmmie on December 30, 2021, 03:02:22 AM

When basic technologies such as AR and VR are not yet mature, are all the metaverse projects in the market a bubble?

Can $SAND $MANA still be invested?

I guess not all, just look at Axie Infinity achievement is that a bubble to you? Anyway, SAND$ and $MANA are in a different situation that's why we can't tell who is the best! but on the other side, AR and VR is a new trend nowadays, and it will be developed as the demand increase that's why it will never be a bubble.

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Quote from: FloridaKid on December 30, 2021, 09:02:07 AM

All metaverse projects are not fully functional yet and it's accepted but that can be what we will ever see about metaverse I don't think metaverse hype will live through 2022 this could be the end of it already but all eye is on Facebook meta, let's see what happens

Everyone is waiting for what will happen next year to the Metaverse for the most part, but if the Metaverse can really develop really well, then there will be a lot of surprises for everyone to find inside.

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