Topic: NFT Speculation - page 3. (Read 1083 times)
I managed to get NFTs several times, but I never could sell them because there were no buyers or the circulation of NFTs created was in the thousands.Therefore, this trend somehow passed me by and I don’t fully understand who buys it and why.
Similar to what I have been saying for a few months, I speculate that as more and more regulations come to control Defi and the cryptospace industry, the next unregulated part of this will be the NFTspace. And naturally, this is where all liquidity will enter next and this is also where the lowest hanging fruits will be for profits.
However, the problem is which NFT projects should we speculate on to make us some profit hehe. Share your favorite NFTs, both speculated to pump and what you hold.
Also for fairness and to make this thread neutral, I will not share my favorite NFTs in this first post. I will share them after you have shared yours. Thank you.
The regulations may create some issues for other things, but NFT never proved any innocence neither. We have seen with proof that there are some projects where people bought from themselves in tune of tens of thousands of dollars to make it look like that project was something expensive, to get others to spend thousands on each NFT and then people were left with basically nothing.However, the problem is which NFT projects should we speculate on to make us some profit hehe. Share your favorite NFTs, both speculated to pump and what you hold.
Also for fairness and to make this thread neutral, I will not share my favorite NFTs in this first post. I will share them after you have shared yours. Thank you.
If I end up buying 1000 NFT's from myself, using 10-20 thousand dollars each, and then sell the other 9000 NFT's for 1000 dollars each, people will eat it up, specially during the hype period many people did. Which is why it is quite important to remember NFT is not that good too, it has many shady deals in it.
Similar to what I have been saying for a few months, I speculate that as more and more regulations come to control Defi and the cryptospace industry, the next unregulated part of this will be the NFTspace. And naturally, this is where all liquidity will enter next and this is also where the lowest hanging fruits will be for profits.
However, the problem is which NFT projects should we speculate on to make us some profit hehe. Share your favorite NFTs, both speculated to pump and what you hold.
Also for fairness and to make this thread neutral, I will not share my favorite NFTs in this first post. I will share them after you have shared yours. Thank you.
However, the problem is which NFT projects should we speculate on to make us some profit hehe. Share your favorite NFTs, both speculated to pump and what you hold.
Also for fairness and to make this thread neutral, I will not share my favorite NFTs in this first post. I will share them after you have shared yours. Thank you.
Honestly I think the market is saturated and overstated price wise still. The madness of nft pricing I think is over. There will probably be so.e nfts that can still make you profit but not like the 2020/21 time frame. Those prices on some dumb projects was insane. I'd steer clear if you are just looking at it from a profit sense and just stuck with crypto.
now NFT that's still a thing is an NFT where you also got membership by owning it which unlocks certain benefits in certain platform, they are being valued quite high nowadays but certainly not that high mainly because they are just membership NFT unlike arts that's sometimes got overly inflate value. but that just means they are valued just right so it makes sense, but I'd say NFT is already losing its standing, only bullrun could ever revive them that if NFT is still could become a trend in next bullrun.
Yes, they are still a thing but they are not popular anymore as before. So many of them have died already and the only left are the strongest ones or those who have a better utility other than good for being a display like a digital artwork.It's only funny that simple NFT's are the ones who are expensive but not the NFT's which has those features you mentioned. I don't wonder anymore why many people do not trust them and they think it was only being used to launder money. Let's see if the bull run can truly revive these NFT's but I doubt it will. This is why I am never a fan of the new trends because they can mostly come and go but that doesn't happen with the original cryptos.
now NFT that's still a thing is an NFT where you also got membership by owning it which unlocks certain benefits in certain platform, they are being valued quite high nowadays but certainly not that high mainly because they are just membership NFT unlike arts that's sometimes got overly inflate value. but that just means they are valued just right so it makes sense, but I'd say NFT is already losing its standing, only bullrun could ever revive them that if NFT is still could become a trend in next bullrun.
When I buy NFT assets, I am more connected to games. I value their NFT when I believe that if there is a good game, the developers take the game seriously and keep it going. The game has to be playable and play and win, and that NFT has to give me an advantage.
Make sure my favorite NFT looks better cosmetically in-game.
https://enjinx.io/eth/asset/100000000000068c/
The sale is not mine, just for example.
NFTs are not just about the games but surely it is one of the most adopted NFT because of many good projects. Though they already experienced bear market but I’m sure they will rise again especially the projects that continues to grow and develop new technology within the project. I believe NFT is not over yet, expect more usage from them in the next bull market and it can be a big one. Make sure my favorite NFT looks better cosmetically in-game.
https://enjinx.io/eth/asset/100000000000068c/
The sale is not mine, just for example.
I do not think that it's the same, I think it's a bit different for coins and tokens and NFT's, they are all a bit different. First of all, NFT's like that are existing and "deserving" of their marketcap in the sense that it is wide and popular, when something gets hyped by a huge community, you see it go up.
There aren't that many projects which have a bigger community than these, and lower marketcap, all the ones that are bigger, are also bigger in marketcap as well. Sure you can find some people who support even the worst coins, but not a lot of people, because if it was a lot of people, then the marketcap would have been bigger for them as well.
You make a valid point. Market cap is largely determined by the demand and popularity of a particular project or asset within the market. NFTs, coins, and tokens are all unique in their own way and will have different factors that influence their market cap. But that being said, it's important to note that market cap alone shouldn't be the sole factor in determining the value or potential success of a project.There aren't that many projects which have a bigger community than these, and lower marketcap, all the ones that are bigger, are also bigger in marketcap as well. Sure you can find some people who support even the worst coins, but not a lot of people, because if it was a lot of people, then the marketcap would have been bigger for them as well.
Other factors such as the technology behind the project, its use case, and the strength of its community are also important to consider. It's always a good idea to do thorough research before investing in any project to ensure that you are making an informed decision.
When I buy NFT assets, I am more connected to games. I value their NFT when I believe that if there is a good game, the developers take the game seriously and keep it going. The game has to be playable and play and win, and that NFT has to give me an advantage.
Make sure my favorite NFT looks better cosmetically in-game.
https://enjinx.io/eth/asset/100000000000068c/
The sale is not mine, just for example.
NFTs are not just about the games but surely it is one of the most adopted NFT because of many good projects. Though they already experienced bear market but I’m sure they will rise again especially the projects that continues to grow and develop new technology within the project. I believe NFT is not over yet, expect more usage from them in the next bull market and it can be a big one. Make sure my favorite NFT looks better cosmetically in-game.
https://enjinx.io/eth/asset/100000000000068c/
The sale is not mine, just for example.
BAYC and CryptoPunks have been around for some time already, and I think they deserve the hype they've got and the popularity they've gained over time. But you are right though, I feel a lot of NFT collections are overvalued while some which are much better than them have got not as much value as they deserve.
Gaming NFTs will surely take the market by surprise in these coming couple of years as blockchain-games get a boost. There are a lot of GameFi projects currently being launched that have a lot of potential to explode in a year or so and their in-game NFTs will surely be valuable if the projects become successful.
But crypto market value isn't based on "deserving" the marketcap. People would value different things and i am sure there's enough people for every coin out there saying that they don't deserve their marketcap as high as it is. For a long time now i have accepted that adoption doesn't mean that best tech would win. Gaming NFTs will surely take the market by surprise in these coming couple of years as blockchain-games get a boost. There are a lot of GameFi projects currently being launched that have a lot of potential to explode in a year or so and their in-game NFTs will surely be valuable if the projects become successful.
It's weird how much i still have defended NFTs in this forum even though i personally don't even understand the value of physical collectables. Maybe that's why it isn't as big leap to me.
There aren't that many projects which have a bigger community than these, and lower marketcap, all the ones that are bigger, are also bigger in marketcap as well. Sure you can find some people who support even the worst coins, but not a lot of people, because if it was a lot of people, then the marketcap would have been bigger for them as well.
BAYC and CryptoPunks have been around for some time already, and I think they deserve the hype they've got and the popularity they've gained over time. But you are right though, I feel a lot of NFT collections are overvalued while some which are much better than them have got not as much value as they deserve.
Gaming NFTs will surely take the market by surprise in these coming couple of years as blockchain-games get a boost. There are a lot of GameFi projects currently being launched that have a lot of potential to explode in a year or so and their in-game NFTs will surely be valuable if the projects become successful.
But crypto market value isn't based on "deserving" the marketcap. People would value different things and i am sure there's enough people for every coin out there saying that they don't deserve their marketcap as high as it is. For a long time now i have accepted that adoption doesn't mean that best tech would win. Gaming NFTs will surely take the market by surprise in these coming couple of years as blockchain-games get a boost. There are a lot of GameFi projects currently being launched that have a lot of potential to explode in a year or so and their in-game NFTs will surely be valuable if the projects become successful.
It's weird how much i still have defended NFTs in this forum even though i personally don't even understand the value of physical collectables. Maybe that's why it isn't as big leap to me.
the older NFTs you have mentioned are very expensive and it would be difficult for much of the new investors of the succeeding bull market to own them. I reckon the newer investors would be looking for cheap NFTs with hardworking development teams very much similar to the projects that I have mentioned before, Dr/vrs NFT and Tokyo Rebels.
There is also another project that had their mint that ended only yesterday. This project is Kult Dolce.
https://kultdolce.io/
This is presently on a listing pump hehehe. It will certainly be much better to wait for price to dump first before buying for your collection.
New ones, how inexpensive it could be, still do not worth the same as the old ones in popularity as well, and that is why it's difficult to buy. Remember, NFT's are only valuable as long as people say they are, and if one NFT project has 100k followers, while the other one has 1k, that means the lower one could lose a bit of their customers and suddenly worth nothing, whereas the popular one could half of it and still be worth a lot. There is also another project that had their mint that ended only yesterday. This project is Kult Dolce.
https://kultdolce.io/
This is presently on a listing pump hehehe. It will certainly be much better to wait for price to dump first before buying for your collection.
I don't know the one you named, totally new to me, but give it 6 to 12 months and you will see that it will be very much lower than what it is today, because it will lose people gradually and won't regain them back.
I think nearly all of the newer projects coming out from here on in will likely fail long-term. Some of the older ones (like 2021) that survive will have a rebound. Doodles, CoolCats, World of Women and Gutter Cats come to mind. Also some of the other (original) women-led collections will likely do well again, but less likely the new ones. I won't name names but you can DYOR to find some of these firsts.
While I do think BAYC and CryptoPunks remain overvalued, I still think they'll hold their 50-100 ETH valuations in the coming years. Maybe just not increase against Ethereum that much.
Personally though I'm still a big fan of MoonCats, mainly as it's one of the original 2017 collections. It's only been trading for 18 months though so has a long way to go.
BAYC and CryptoPunks have been around for some time already, and I think they deserve the hype they've got and the popularity they've gained over time. But you are right though, I feel a lot of NFT collections are overvalued while some which are much better than them have got not as much value as they deserve.While I do think BAYC and CryptoPunks remain overvalued, I still think they'll hold their 50-100 ETH valuations in the coming years. Maybe just not increase against Ethereum that much.
Personally though I'm still a big fan of MoonCats, mainly as it's one of the original 2017 collections. It's only been trading for 18 months though so has a long way to go.
Gaming NFTs will surely take the market by surprise in these coming couple of years as blockchain-games get a boost. There are a lot of GameFi projects currently being launched that have a lot of potential to explode in a year or so and their in-game NFTs will surely be valuable if the projects become successful.
Similar to what I have been saying for a few months, I speculate that as more and more regulations come to control Defi and the crypto space industry, the next unregulated part of this will be the NFTspace.
I don't think they could regulate it, it's still a blockchain technology and it can't be banned or controlled. So I don't think that NFTs are in this kind of danger now. But I think the bigger problem for the NFT right now is the fact that people are losing interest in it. And the fact that from the beginning NFTs was just gambling tool cos there is no value behind them not helping the situation. Most of the NFTs are already lost their value(because of the low demand) and some that were worth millions are worth nothing now and people keep losing trust in this field thanks to Logan Paul scams. And this scam is also a great example of how easy it is to scam people in the NFT industry.
@SUPERSAIAN. It would certainly be better to concentrate on Ethereum NFTs because this is where much of the interest belongs. NFTs are illiquid in nature already, it would be difficult to resell those NFTs on other platforms will much less liquidity than Ethereum.
However, the older NFTs you have mentioned are very expensive and it would be difficult for much of the new investors of the succeeding bull market to own them. I reckon the newer investors would be looking for cheap NFTs with hardworking development teams very much similar to the projects that I have mentioned before, Dr/vrs NFT and Tokyo Rebels.
There is also another project that had their mint that ended only yesterday. This project is Kult Dolce.
https://kultdolce.io/
This is presently on a listing pump hehehe. It will certainly be much better to wait for price to dump first before buying for your collection.
I think nearly all of the newer projects coming out from here on in will likely fail long-term. Some of the older ones (like 2021) that survive will have a rebound. Doodles, CoolCats, World of Women and Gutter Cats come to mind. Also some of the other (original) women-led collections will likely do well again, but less likely the new ones. I won't name names but you can DYOR to find some of these firsts.
While I do think BAYC and CryptoPunks remain overvalued, I still think they'll hold their 50-100 ETH valuations in the coming years. Maybe just not increase against Ethereum that much.
Personally though I'm still a big fan of MoonCats, mainly as it's one of the original 2017 collections. It's only been trading for 18 months though so has a long way to go.
While I do think BAYC and CryptoPunks remain overvalued, I still think they'll hold their 50-100 ETH valuations in the coming years. Maybe just not increase against Ethereum that much.
Personally though I'm still a big fan of MoonCats, mainly as it's one of the original 2017 collections. It's only been trading for 18 months though so has a long way to go.
However, the older NFTs you have mentioned are very expensive and it would be difficult for much of the new investors of the succeeding bull market to own them. I reckon the newer investors would be looking for cheap NFTs with hardworking development teams very much similar to the projects that I have mentioned before, Dr/vrs NFT and Tokyo Rebels.
There is also another project that had their mint that ended only yesterday. This project is Kult Dolce.
https://kultdolce.io/
This is presently on a listing pump hehehe. It will certainly be much better to wait for price to dump first before buying for your collection.
When I buy NFT assets, I am more connected to games. I value their NFT when I believe that if there is a good game, the developers take the game seriously and keep it going. The game has to be playable and play and win, and that NFT has to give me an advantage.
Make sure my favorite NFT looks better cosmetically in-game.
https://enjinx.io/eth/asset/100000000000068c/
The sale is not mine, just for example.
Make sure my favorite NFT looks better cosmetically in-game.
https://enjinx.io/eth/asset/100000000000068c/
The sale is not mine, just for example.
I think nearly all of the newer projects coming out from here on in will likely fail long-term. Some of the older ones (like 2021) that survive will have a rebound. Doodles, CoolCats, World of Women and Gutter Cats come to mind. Also some of the other (original) women-led collections will likely do well again, but less likely the new ones. I won't name names but you can DYOR to find some of these firsts.
While I do think BAYC and CryptoPunks remain overvalued, I still think they'll hold their 50-100 ETH valuations in the coming years. Maybe just not increase against Ethereum that much.
Personally though I'm still a big fan of MoonCats, mainly as it's one of the original 2017 collections. It's only been trading for 18 months though so has a long way to go.
While I do think BAYC and CryptoPunks remain overvalued, I still think they'll hold their 50-100 ETH valuations in the coming years. Maybe just not increase against Ethereum that much.
Personally though I'm still a big fan of MoonCats, mainly as it's one of the original 2017 collections. It's only been trading for 18 months though so has a long way to go.
^ I guess it depends on the NFT. If it has a huge and loyal following it could hold values of 50 ETH or more. I mean look at the most popular NFT's, like Apes and Punks.. They're so valued high, I don't know why, but they are. And yeah, I def know it's funny. 
But who doesn't want to make some ETH out of it? For a 300 - 500 USD investment which could go 10x or more, why not?
I think Apes started for around 0.2 ETH then went up to over 100 ETH then landed at where it is today. 78 ETH or so. Still not bad if you hold a couple imho.
But who doesn't want to make some ETH out of it? For a 300 - 500 USD investment which could go 10x or more, why not? I think Apes started for around 0.2 ETH then went up to over 100 ETH then landed at where it is today. 78 ETH or so. Still not bad if you hold a couple imho.
^ Call it whatever.. Interest, hype, fad, trend... But at the end of the day, I think doge themed NFT's will find its way under the sun and get noticed. Esp when there's a DOGE holder billionaire we know who'll start borking about anything DOGE in a bull market.
And the bottom line is there are just two timeless cartoon memes in the internet and that's the doge and the pepe. So those two are more likely to be more valued around by a community of collectors. But my bet is on Doge Club. Check it out...
https://opensea.io/collection/dogeclub-dogc
There's another doge NFT with a great community called Doge Pound but I think Doge Club looks better.
but accept the fact that they will not long last afterwards especially when they rocketed because you know there's a lot of greedy meme lovers in the market. LolAnd the bottom line is there are just two timeless cartoon memes in the internet and that's the doge and the pepe. So those two are more likely to be more valued around by a community of collectors. But my bet is on Doge Club. Check it out...
https://opensea.io/collection/dogeclub-dogc
There's another doge NFT with a great community called Doge Pound but I think Doge Club looks better.
Actually Op it's not new and its not surprising anymore when it comes a project with doge on its name because they're really flying to the top especially once big investors take over.. So i just want to say that be careful and be wise to prevent risky situation because as far as i know most of them still very unpredictable,, wherein if they will continue to make progress or not. Just saying.
^ Call it whatever.. Interest, hype, fad, trend... But at the end of the day, I think doge themed NFT's will find its way under the sun and get noticed. Esp when there's a DOGE holder billionaire we know who'll start borking about anything DOGE in a bull market.
And the bottom line is there are just two timeless cartoon memes in the internet and that's the doge and the pepe. So those two are more likely to be more valued around by a community of collectors. But my bet is on Doge Club. Check it out...
https://opensea.io/collection/dogeclub-dogc
There's another doge NFT with a great community called Doge Pound but I think Doge Club looks better.
And the bottom line is there are just two timeless cartoon memes in the internet and that's the doge and the pepe. So those two are more likely to be more valued around by a community of collectors. But my bet is on Doge Club. Check it out...
https://opensea.io/collection/dogeclub-dogc
There's another doge NFT with a great community called Doge Pound but I think Doge Club looks better.
NFT came in with a very big hype and high wave. Although the hype has reduced drastically but that doesn't mean that there is no more potential in the NFT market.
There is still potential but we all have known the potential and the real value of NFT instead of relying on newer hype that sold the ideology to us.
But the crypto industry is ever growing, so we should expect more and more inventions that would hi the market. Both good and scam.
The hype make NFT big and well known, NFT should have a real utility for it to have a future. Having a second wave of hype isn't that much sustainable given that there will be a surge of people flocking into it and at the same time a surge of people rushing out giving the NFT projects being unsustainable. NFT projects needs to have a real utility that can be used no matter what kind of market situation we are in. NFT Games are one of the concepts that I believe can live on any market situation, It's just the ecosystem of NFT games today aren't that much sustainable but I believe that NFT games has a future in it. There is still potential but we all have known the potential and the real value of NFT instead of relying on newer hype that sold the ideology to us.
But the crypto industry is ever growing, so we should expect more and more inventions that would hi the market. Both good and scam.
When you say nft will need to have a real time utility I begin to imagine how possible that would be. NFT is all about digital art and everything about it remains in the blockchain and does that translate to real life. So, the sustainability of NFT is just a matter of interest and hype.
Personally I find no realtor utility in nft and sooner or later people will begin to lose interest in it especially now that scammers are flooding the market
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