NFT OR MEMES - page 3. | Bitcointalksearch.org

o48o

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Quote from: user210822 on June 04, 2023, 08:33:49 AM

Looking at the first message calls me to almost vomit - purely disgusting and terribly wrong. Those who call it an art should seek for medical assistance the sooner the better. You're free to invest in anything you like. Is it worth to save piece of crap? In some cases yes. But it is medical issue after all.

I didn't see it as "art" per se, but the fact that it has power to give you such a strong emotional feelings, that you can't process them emotionally and you feel them physically speaks about it being art. You don't have to like something for it to be defined as "art" But then again definition of art varies from the person you ask about it.

Quote from: zasad@ on July 05, 2023, 10:50:11 AM

https://watcher.guru/news/justin-biebers-1-3-million-bored-ape-nft-is-worth-59000-today
"In 2022, the hype surrounding Non-fungible tokens (NFTs) reached a fever pitch. Moreover, celebrity involvement in the digital asset space had erupted, with the trend of purchasing or creating these projects had skyrocketed. Yet, as the hype has slowed, Justin Bieber’s highly-publicized $1.3 million Bored Ape Yacht Club (BAYC) NFT is only worth $59,090 today.

A singer with an unmatched celebrity, Bieber purchased the NFT in January 2022. At the time, he had spent an enormous price tag on a digital art piece that had been undoubtedly popular. However, fast forward to July 2023, and the asset has starkly depreciated in value. "

Price fluctuates while fundamentals stay same. Just like with many meme coins without development.

zasad@

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https://watcher.guru/news/justin-biebers-1-3-million-bored-ape-nft-is-worth-59000-today
"In 2022, the hype surrounding Non-fungible tokens (NFTs) reached a fever pitch. Moreover, celebrity involvement in the digital asset space had erupted, with the trend of purchasing or creating these projects had skyrocketed. Yet, as the hype has slowed, Justin Bieber’s highly-publicized $1.3 million Bored Ape Yacht Club (BAYC) NFT is only worth $59,090 today.

A singer with an unmatched celebrity, Bieber purchased the NFT in January 2022. At the time, he had spent an enormous price tag on a digital art piece that had been undoubtedly popular. However, fast forward to July 2023, and the asset has starkly depreciated in value. "

gurunanakji777

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I prefer not to invest in NFTs or memes. I believe these are very risky for investment. Instead, I trust in other high-potential altcoins or Bitcoin for safe investments. Many new projects enter and exit the market rapidly, so I prefer to rely on established and trusted projects.

savetheFORUM

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Quote from: ammo121810 on July 01, 2023, 09:20:49 AM

NFT's and memes has different purposes. NFT's are unique digital assets that can be bought and sold like physical assets. They are often used to represent ownership of digital art, music or other creative works. Memes are typically humorous images or videos that spread virally across the internet. NFT's has their potential as a new form of investment and revenue stream for artists. They offer a way to monetize digital creations that were previously difficult to sell. The market for NFT's can be volatile and unpredictable and they can contribute to the growing wealth gap in society. Memes are form of entertainment and social commentary. They can bring people together through shared humor and cultural references. They are often used to express opinions on current events or to poke fun at popular culture. Memes are not typically monetized but they can be used to raise awareness. It would still depends of individual perspective whether to invest in NFT's or Meme coin.

Though I'm not a very big fan of NFTs as well, I still consider them to be way better than meme coins if one thinks of making an investment. If one does some research and finds NFTs that are trending and selling at the moment, they might be able to earn some profit on them if they buy them and put them up for sale with some percentage above the price they've bought them for, and if they can promote them well, they will be sold for sure.

On the other hand, meme coins can only make you lose money if they don't successfully gain enough hype in the community because their value-gaining mechanism is solely based on market and community hype and they are nothing without that, they will die off if they don't get the attention of millions.

avp2306

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Quote from: Farma on July 01, 2023, 08:54:02 PM

Quote from: tsaroz on July 01, 2023, 08:58:45 AM

Both of contemporary NFT and meme are useless but still high risk high reward investment. On long term, NFT has a wider scope but the current trend of NFT are focused on a smaller niche. But as the crypto acceptance increases and there are more real world use of crypto, NFT could take a wider scope with it's integration to the real world product, services or value and NFT at that time could be a good investment. But at today's time, a popular meme coin could generate more yield than NFT.

well, if there is a possibility to choose popular altcoins, then it is better to choose popular altcoins, because we know that NFT and meme coins are very risky. however, between the two, I might be more inclined to choose meme coins like doge coin. even though the risk is indeed very large, we don't know about the price which is very volatile. the potential for an increase is still quite large in the future following the price of bitcoin, but a decrease in its price can also occur quickly.

But if you can play with the fire then know when to exit well still good to select those NFT and Meme coin for dealing it up for short period of time. But if we talk about long term well we can agree with that this is so risky and not really worth to hold since all of them end up decrease in value and to bad for us if the NFT's or Meme coin drop at 50%-80% or worst it goes to zero which we don't have any chance to recover even a small amount of money.

Farma

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Quote from: tsaroz on July 01, 2023, 08:58:45 AM

Both of contemporary NFT and meme are useless but still high risk high reward investment. On long term, NFT has a wider scope but the current trend of NFT are focused on a smaller niche. But as the crypto acceptance increases and there are more real world use of crypto, NFT could take a wider scope with it's integration to the real world product, services or value and NFT at that time could be a good investment. But at today's time, a popular meme coin could generate more yield than NFT.

well, if there is a possibility to choose popular altcoins, then it is better to choose popular altcoins, because we know that NFT and meme coins are very risky. however, between the two, I might be more inclined to choose meme coins like doge coin. even though the risk is indeed very large, we don't know about the price which is very volatile. the potential for an increase is still quite large in the future following the price of bitcoin, but a decrease in its price can also occur quickly.

evichi

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I consider NFTs more valuable in the blockchain gaming sector. NFTs may redefine blockchain gaming in the future especially in the metaverse sector. Meme Coins/tokens are symbolic in attracting specific communities and also reflect cultural and emotional expression. Meme coins/tokens are known for the hype that goes with it and some investors aim at making profit during such hype. If I am to make a choice between NFts and meme conins/tokens, I will prefer to invest on a meme coin - preferably established ones like Doge coin, that have potential to go up in value should a tweet from Elon Musk or other influncer triggers a hype. However, game lovers may prefer to invest on NFTs since it may yield more profit especially if he/she is good at gaming.

SlimShadyMmp

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COMBO 2.0

They are both nonsense mostly but still there are good NFT out there with utility but for memes I personally think they are pump and dumps Usually you can make serious profit with them if you are willing to take the risk to zero Getting early on NFT too is a good thing sometimes as they can bring 200X- 100X gains but it requires following those communities closely

Bolivar_Tony

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This looks pretty nice and decent, which platform did you use to do this? I want to do something similar, also have you listed it for sales? and which platform did you list it?

Jackl87

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Quote from: swiftxi on May 22, 2023, 12:28:21 AM

Better to invest in one or the other?

I think it's really hard to give a general answer to that. For me personally meme-coins are absolutely useless and i even think that they are harmful for the whole crypto space. They are taking away attention and capital from real projects that are actually trying to achieve something. Of course there were some meme-coin projects that made early investors rich but part of the truth is also that maybe 1 out of 10000 meme-coins is really making good gains all the others are crap and a waste of money.
NFT's are also useless in most cases. I know a lot of people are seeing them as a digital piece of art but in my opinion almost all NFT's should not be considered as art because they are generated by a program or even by AI. So i personally stay away from meme-coins and also from most NFT's.

ammo121810

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NFT's and memes has different purposes. NFT's are unique digital assets that can be bought and sold like physical assets. They are often used to represent ownership of digital art, music or other creative works. Memes are typically humorous images or videos that spread virally across the internet. NFT's has their potential as a new form of investment and revenue stream for artists. They offer a way to monetize digital creations that were previously difficult to sell. The market for NFT's can be volatile and unpredictable and they can contribute to the growing wealth gap in society. Memes are form of entertainment and social commentary. They can bring people together through shared humor and cultural references. They are often used to express opinions on current events or to poke fun at popular culture. Memes are not typically monetized but they can be used to raise awareness. It would still depends of individual perspective whether to invest in NFT's or Meme coin.

tsaroz

legendary

Activity: 2982

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Both of contemporary NFT and meme are useless but still high risk high reward investment. On long term, NFT has a wider scope but the current trend of NFT are focused on a smaller niche. But as the crypto acceptance increases and there are more real world use of crypto, NFT could take a wider scope with it's integration to the real world product, services or value and NFT at that time could be a good investment. But at today's time, a popular meme coin could generate more yield than NFT.

abel1337

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Both of it got their own trend recently and where are they today? I don't like hype driven asset as it gradually falls down in value after the hype was gone. Worst thing is, both of these doesn't have real utility which makes their holders want to abandon them after seeing a falling value. There are developers who tried giving these assets their own utility but it failed as it is not as good as a proper altcoin. We can see more about this hype driven coins in the future.

danherbias07

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Waste of money. Better just put it to something with proof that already brought their value up. Coins. Legitimate ones. Values that soared whenever a bull run comes. In NFT and meme coins, you are unsure what the future will bring. Some of them will go up thanks to the hype but most will not and just go directly to the trash.
I understand the reason behind this, it's the quick rich scheme that every investor wanted but it always doesn't end up well. I'd rather pick the slow and steady fight and be patient as it grows its value every year than the said projects which are just good for the short term and if you are super unlucky, it will end up with zero. Not even ROI, not even dust.
Pick wisely, it's not easy to make money in this economic fail today. Every penny will count.

smile1218

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Both NFT's and meme coins are popular in the cryptocurrency world, but the serve different purposes. NFT's or non-fungible tokes, are unique digital assets that represent ownership of a specific item, such as a piece of artwork or a collectible. They are created on blockchain technology, which ensures their authenticity and scarcity. Meme coins are crypto currencies that are created as a joke or parody, often based on popular internet memes. They are not meant to be take seriously as investments, but rather as fun way to participate in the cryptocurrency market. Meme coins can be highly volatile and risky, with their value often being driven by social media hype rather than fundamentals.

user210822

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Looking at the first message calls me to almost vomit - purely disgusting and terribly wrong. Those who call it an art should seek for medical assistance the sooner the better. You're free to invest in anything you like. Is it worth to save piece of crap? In some cases yes. But it is medical issue after all.

deean_3one

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There are many people who benefit from NET and memes. But I haven't gotten anything from either of them. So, I didn't choose to invest in either of those two things. I prefer investing in more trusted altcoins.

Dr.Osh

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Quote from: disconnectme on May 31, 2023, 01:29:25 AM

Meme coin by far, the chance of NFT really succeeding is lower than Memes, it is also not liquid as Memes, if a Meme coins not rugged then the chance of making money out of it is high. NFT seems like a wash trading to me or being used for money laundrying, the hype has died recently because I don't see how most of these useless Jpeg are going to hold value long term

between the two options, the best one to use is meme coins. So, I also think that people who have been in crypto for quite a while will be more inclined to choose meme coins over NFTs. this is because meme coins are still easier to use like shorts trading, or in the long term. the potential for growth is still quite large. however, I don't know with NFT. quite a lot of expensive NFTs nowadays have low prices.

shinratensei_

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Quote from: doomloop on May 31, 2023, 05:26:36 PM

NFTs and tokens that are in the NFT category are basically different things, you can't get the same outcome for buying a token that you might get by purchasing an NFT, but as said, NFTs are not in as much hype as they used to be before and currently, only NFTs that are created by the famous NFT collections get sold like Mutant Ape, and many others.

An individual NFT creator or trader can barely get any bids or get any of their NFTs sold these days even if they try and promote their collections everywhere because there aren't a lot of interested buyers in the market anymore.

in regards of the liquidity that you elaborated i really agree.

it's ridiculous that many are considering buying NFT as some kind of investment meanwhile someone would hardly get any bid on their NFT even if they even sell it for fraction of its original value because once the trend with this NFT passes, then it's as good as didn't even exists in the first place, no one care about the NFT like no one care about the other millions NFT out there.

NFT isn't investing, it's hardly investing, it's more likely just fad, the current circumstance was totally different to back then, doesn't mean we should hold onto this NFT and waiting for its glory returns back maybe in the upcoming years but instead adapt.
only NFT that have utility that could still survive.

lobo13hf

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Quote from: kevinzxz on May 31, 2023, 07:02:23 PM

not both, because in my opinion investing in NFT and meme has a big risk, therefore I will never invest in NFT and meme again (I once lost my money when investing in NFT and meme), therefore I prefer to invest in cryptocurrency that are already useful or popular (like Bitcoin, Binance or Ethereum) rather than I investing in NFT or meme.

it's true that these investment that involves highly speculative act of betting on some meme coin and even NFT is indeed risky than investing in altcoins.
but some are still interested anyway because them being speculative meaning there are chance of generating good profit from them.

Topic: NFT OR MEMES - page 3. (Read 891 times)