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Topic: NFT the next BTC (specifically the value) in the 5 to 10 years later? - page 2. (Read 206 times)

mk4
legendary
Activity: 2870
Merit: 3873
📟 t3rminal.xyz
You can grab 2 charts of almost any decently volatile asset and there's a good chance that you could find decent similarities at certain timespans; and it doesn't mean it will perform the same way in the end.
legendary
Activity: 1862
Merit: 1209
1. Your NFT chart is wrong, why you use 1 day chart instead of all time chart? Roll Eyes To make people thought NFT price is pumping? lol nope, there's already dump since April 2021 [1]

2. NFT is hype project same as ICO, IEO, IDO, DEFI etc etc, it's strange comparing NFT to BTC and NFT wouldn't become the next BTC, same as other project can't overtake BTC.

3. Online games or E-sports already exist in the past, so they can stand without NFT. Most of people were playing NFT games to earn money especially for third world countries, not to mention how greedy are them want to abuse the system.


[1] https://coinmarketcap.com/currencies/nft/
sr. member
Activity: 1036
Merit: 273
NOTE: read the replies to understand more

Iam very curious about NFT here is some question I ask myself and which I would also like your very own opinion about NFT.

I saw NFT was like Bitcoin when it started from the bottom pointing at the value I know bitcoin is bitcoin but....


The year 2021 and base on my research NFT started this year.


Vs
Value from BTC was recorded in here starting at year 2014


but...

In the year 2009 BTC was invented in technology and social media was not as its best at that time and the was $O but when trading started it was $0.08

Quote
Among asset classes, Bitcoin has had one of the more volatile trading histories. The cryptocurrency’s very first big price increase occurred in 2010 when the value of a single bitcoin jumped from just a fraction of a penny to $0.08.


As some of you know NFT was said started this year and today is the day I was "very curious" about it but I was curious for like a month now but weeks came by and it was on my feed and today is kind of a free time for me so I search and search.


And here is something that I should use as an intro if you are also like me.

https://www.aljazeera.com/economy/2021/6/30/world-wide-web-source-code-nft-fetches-5-4m-at-auction

Quote
The NFT is considered valuable by some because blockchain authenticates that it is one of a kind and has been officially created, or “minted”, by Berners-Lee himself.

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I see potential here since it's the era of innovation of technology where games are in trend in the era of 21st century which NFT is used in games today. Comparing it from 2009 and 2021 I see potential since it's said to be used in games even I read the disadvantages.

https://www.bakertilly.com/insights/the-nft-market-the-future-of-trading-and-collecting

Questions

-What can you say about NFT?

from my subject

-can you say that NFT is the next BTC in the 5 to 10 years later?



Note: Iam still a noob about NFT correct me if you have some negative thoughts about what I have explained.
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