What do you think about this new revolution in BTC chain. Number of nft holders increasing day by day?
There is a recent debate on this. A lot of people are saying that what you are doing is spamming the mempool.
is this is just because of current hype or it will last for long time. ?
Is it worth Mint to NFT by paying 10$ worth of Btc and expect big profit in future?
Is it worth Mint to NFT by paying 10$ worth of Btc and expect big profit in future?
It looks to me like the second wave of a bubble, where most people are throwing their money away on NFTs, while a few will be able to multiply their investment by 1,000 or more. For that I'd better buy lotteries.
Yeah this thing also comes to my mind every time I see an NFT projects made by some random companies, which there is no real value offered by them. I have seen some portrait images in OpenSea, and I wondered if there is some stranger to buy and keep that worthless portraits, because you can just find better images in Google, do photoshop on it, even printed it out with less price, if you just want to have the image. There is any crypto related value on it indeed, but neither of that NFT.
The real purpose of holding one of nfts is that some of the projects have benefits for a lond period of time which you can get free assets by just holding of nft. Because if a lot of minters doesn't flip their nfts it won't flop especially if the projects has a good roadmap and many people fomo in this project. For example holding an etherium nft with a famous background and community since they have an impact to the project, it will increase the value since a lot of people buy their nfts bigger than the mint price. As I say that holding them will benefit you and some of them in years will increase the market price.
