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Topic: NFT ?? What do you think about it ? ? ? - page 2. (Read 761 times)

copper member
Activity: 2870
Merit: 1279
Try Gunbot for a month go to -> https://gunbot.ph
December 28, 2022, 12:41:55 PM
#73
If you are really into collections and getting more of a scarce material, I thought that it would be okay to get that type of NFT for me. It’s one of the things that you need to consider because it should be essential and has valuable things attached to it.

I feel like other people or members in this form are making it a trend, like some coins or ICO’s, or just the trend in general, where people are getting more and more of something

As long  as you are investing the money that you think you can lose, then I think it’s okay to get what you want.
legendary
Activity: 3164
Merit: 1025
Leading Crypto Sports Betting & Casino Platform
December 28, 2022, 12:33:41 PM
#72
Yes, this is the sad part. NFTs today are worthless since a lot of scammers are joining in and tricking people which is the part it goes down, even though more celebrities are into this kind of art but it will not get hype again just like the last time.  NFTs are really worth it if you are really into art and not worrying about the fund you spend.
even if your into art, I doubt you just gonna waste millions of money and then just seeing this turns into nothing, these NFT quite literally hast lost so much of volume that I don't think it's even worth it even if you really fancy arts, moreover the art in NFT usually isn't really art, I think it's more of famous trend that many is riding and at the end of the day it's sinking because the market is seeking for the bigger fool that gonna lose even bigger money.
legendary
Activity: 2982
Merit: 1149
Leading Crypto Sports Betting & Casino Platform
December 28, 2022, 12:23:13 PM
#71
It is undeniable that you can make profits with NFTs, but can you make more than what you can lose? Can you do this over and over again? And I suppose the answer for both of those questions for most investors is no, and since the NFT market is completely based on hype then it is almost impossible to make use of your knowledge or skills to give yourself an advantage over the rest of the investors, which is the reason why many think of NFT investing as pure gambling.
Well you can replace word "NFT" with "Altcoins" on your text and same applies, in fact you can think collectables as altcoins with a serial number and picture attached to each one.
And losing or winning (in nfts and trading in general) depends on where you are at the market cycle and what you are investing to.

Sadly like altcoins, NFT collectables are a zero sum game based on the hype. You need more people to buy then then to sell them if you want price to grow, and as it can't grow infinite amount, eventually markets crash and lots of people will lose money. And like with altcoins, hype comes and goes, right now we are in the bear market but some nfts will eventually bounce back bigger then ever.
hero member
Activity: 1414
Merit: 504
December 28, 2022, 11:01:53 AM
#70
with highly overly inflated valuation it's rather normal that eventually it will go back down again and very hard at that, after all every overvalued coins will always meet their demise at the end of the day and this assets is definitely one of them. Even though nft seems like a really good idea at the end of the day the valuation that it has was purely caused by speculation nothing more. It seems the only thing that could helps nft keeps its existency to this day is the supports from binance and other big platforms, they are the bane of nft existence since they've thrown millions and millions in nft projects that means they wasted money if it all failing. Most of NFTs will be ended as nothing. it can be seen from how many popular NFTs that were going down on its price floor.
I see that the future of NFT was just gimmick as it's not so useful as predicted by people before. So many scammers were also minting bunch of NFTs anytime.
That's right. For now and so on, I myself also don't believe in NFT. Maybe many investors don't believe in it anymore.
Because there is no longer a trend and many new NFT projects have sprung up that are just scammers and useless.
It is very different from a few years ago, we can still rely on NFT as a source of profit and it has been proven that many old NFT projects have experienced success with skyrocketing prices.
For now I am more inclined to trust more projects than Altcoins.
hero member
Activity: 2576
Merit: 666
I don't take loans, ask for sig if I ever do.
December 28, 2022, 07:41:11 AM
#69
It is undeniable that you can make profits with NFTs, but can you make more than what you can lose? Can you do this over and over again? And I suppose the answer for both of those questions for most investors is no, and since the NFT market is completely based on hype then it is almost impossible to make use of your knowledge or skills to give yourself an advantage over the rest of the investors, which is the reason why many think of NFT investing as pure gambling.
I actually wouldn't deny calling it a lottery at some point really. Not to mention at some levels the hype is realkly artificial afaik, rich people just pay more people to hype up the project, increasing the chances of whatever their minting to increase in price, even if temporary, and then profit. It's just dumb. You'd have to have a pretty big wallet to even afford entering it since losing and winning in it costs pretty big.

Friends, I also ask you to rate the first post, I also added a couple of NFTs there! It seems to me that some did not even know that such NFTs exist! I know and I'm surprised myself!
They're good, design-wise, but not worth the money I'd probably have to spend on. I might be a bit biased but I can probably pay artists on Twitter more and get a better return for what I paid.
full member
Activity: 269
Merit: 101
December 28, 2022, 06:56:24 AM
#68
I think NFT's are going way away from the actual dedicated path of the society. I mean initially
though they were just pictures and images being transferred from one person to another there are now also becoming the real asset stuff. Even physical NFT's have started coming to the real world physical assets too. With the time they will be touch able assets. Don't know hologram based images to the real world NFT concert tickets. This thing can move to any direction in the future. Better keep our hands on few of them and not  miss the train.

legendary
Activity: 2534
Merit: 1338
December 28, 2022, 12:24:12 AM
#67
-cut-
The price just bloated by the hype and feel sad for people who buy a art worth hundreds or millions of dollars since at the moment they cannot sell their asset at higher price or even at lower since most of the price of those NFT's drop so hard.

I like NFT's but I really so we hope in future we can really see its true potential since the idea is great but scammers ruin this.
Then again there are those that have made money with it. Lots of the private sales and public mints still make 200% instant winnings. In fact i just participated to public mint and floor of that raised 140% in a day at the opensea. And that's a pretty common thing, just like in early days of altcoins, you can't win with every bet, however gambling by buying and selling NFTs is at least to me more profitable then trading altcoins. You just need to know what to look for.
It is undeniable that you can make profits with NFTs, but can you make more than what you can lose? Can you do this over and over again? And I suppose the answer for both of those questions for most investors is no, and since the NFT market is completely based on hype then it is almost impossible to make use of your knowledge or skills to give yourself an advantage over the rest of the investors, which is the reason why many think of NFT investing as pure gambling.
sr. member
Activity: 1232
Merit: 451
Vave.com - Crypto Casino
December 27, 2022, 08:43:57 PM
#66
A few days ago I was thinking a lot after seeing many news rumors about nft. But after seeing the current situation I think NFT is not that kind of big thing and I also think that it will now be nothing but the preserve of rich people. Now In my personal opinion NFT is just a hype, and if you invest in it there is a possibility of loss in future.
hero member
Activity: 2730
Merit: 632
December 27, 2022, 07:40:49 PM
#65
honestly having NFT arts valued at millions seems like absurd idea even though i honestly really like the technology of NFTs but I think it's just like some kind of manipulation, right now the value of these NFTs are falling apart mainly because of the fact that these NFTs has shown it's rather low utility I guess but hey, at least they still got their NFTs arts even though the value has sink so significantly.
I'm more inclined with the idea of NFTs being taken advantage in gaming and authenticity of products than these NFT arts honestly, the technology is awesome honestly.

The price just bloated by the hype and feel sad for people who buy a art worth hundreds or millions of dollars since at the moment they cannot sell their asset at higher price or even at lower since most of the price of those NFT's drop so hard.

I like NFT's but I really so we hope in future we can really see its true potential since the idea is great but scammers ruin this.

Yes, this is the sad part. NFTs today are worthless since a lot of scammers are joining in and tricking people which is the part it goes down, even though more celebrities are into this kind of art but it will not get hype again just like the last time.  NFTs are really worth it if you are really into art and not worrying about the fund you spend.
When there's a new trend then expect that there would be lots who would really be jumping on the craze and would be making their own and ending up on scamming out those who had bought.At first impressions about
NFT which is particular talking about those crappy pixelated images then i dont really see its relevance but surprisingly there are people who do really tend to buy up with those craps and now that
the market had a bearish movement plus those hype is eventually gone then its not surprising on how bad the value had dropped which would be leaving those kind of whining and regretful words
out of those people who had invested which i should say that it is really a lesson learned for them not to make themselves easily get dragged off with the hype.
hero member
Activity: 2898
Merit: 529
Leading Crypto Sports Betting & Casino Platform
December 27, 2022, 07:13:59 PM
#64
with highly overly inflated valuation it's rather normal that eventually it will go back down again and very hard at that, after all every overvalued coins will always meet their demise at the end of the day and this assets is definitely one of them. Even though nft seems like a really good idea at the end of the day the valuation that it has was purely caused by speculation nothing more. It seems the only thing that could helps nft keeps its existency to this day is the supports from binance and other big platforms, they are the bane of nft existence since they've thrown millions and millions in nft projects that means they wasted money if it all failing. Most of NFTs will be ended as nothing. it can be seen from how many popular NFTs that were going down on its price floor.
I see that the future of NFT was just gimmick as it's not so useful as predicted by people before. So many scammers were also minting bunch of NFTs anytime.
legendary
Activity: 2982
Merit: 1149
Leading Crypto Sports Betting & Casino Platform
December 27, 2022, 06:28:07 PM
#63
-cut-
The price just bloated by the hype and feel sad for people who buy a art worth hundreds or millions of dollars since at the moment they cannot sell their asset at higher price or even at lower since most of the price of those NFT's drop so hard.

I like NFT's but I really so we hope in future we can really see its true potential since the idea is great but scammers ruin this.
Then again there are those that have made money with it. Lots of the private sales and public mints still make 200% instant winnings. In fact i just participated to public mint and floor of that raised 140% in a day at the opensea. And that's a pretty common thing, just like in early days of altcoins, you can't win with every bet, however gambling by buying and selling NFTs is at least to me more profitable then trading altcoins. You just need to know what to look for.
sr. member
Activity: 1274
Merit: 264
December 27, 2022, 06:14:40 AM
#62
honestly having NFT arts valued at millions seems like absurd idea even though i honestly really like the technology of NFTs but I think it's just like some kind of manipulation, right now the value of these NFTs are falling apart mainly because of the fact that these NFTs has shown it's rather low utility I guess but hey, at least they still got their NFTs arts even though the value has sink so significantly.
I'm more inclined with the idea of NFTs being taken advantage in gaming and authenticity of products than these NFT arts honestly, the technology is awesome honestly.

The price just bloated by the hype and feel sad for people who buy a art worth hundreds or millions of dollars since at the moment they cannot sell their asset at higher price or even at lower since most of the price of those NFT's drop so hard.

I like NFT's but I really so we hope in future we can really see its true potential since the idea is great but scammers ruin this.

Yes, this is the sad part. NFTs today are worthless since a lot of scammers are joining in and tricking people which is the part it goes down, even though more celebrities are into this kind of art but it will not get hype again just like the last time.  NFTs are really worth it if you are really into art and not worrying about the fund you spend.
legendary
Activity: 2758
Merit: 1228
December 26, 2022, 07:17:34 PM
#61
honestly having NFT arts valued at millions seems like absurd idea even though i honestly really like the technology of NFTs but I think it's just like some kind of manipulation, right now the value of these NFTs are falling apart mainly because of the fact that these NFTs has shown it's rather low utility I guess but hey, at least they still got their NFTs arts even though the value has sink so significantly.
I'm more inclined with the idea of NFTs being taken advantage in gaming and authenticity of products than these NFT arts honestly, the technology is awesome honestly.

The price just bloated by the hype and feel sad for people who buy a art worth hundreds or millions of dollars since at the moment they cannot sell their asset at higher price or even at lower since most of the price of those NFT's drop so hard.

I like NFT's but I really so we hope in future we can really see its true potential since the idea is great but scammers ruin this.
legendary
Activity: 3164
Merit: 1025
Leading Crypto Sports Betting & Casino Platform
December 26, 2022, 07:13:46 PM
#60
honestly having NFT arts valued at millions seems like absurd idea even though i honestly really like the technology of NFTs but I think it's just like some kind of manipulation, right now the value of these NFTs are falling apart mainly because of the fact that these NFTs has shown it's rather low utility I guess but hey, at least they still got their NFTs arts even though the value has sink so significantly.
I'm more inclined with the idea of NFTs being taken advantage in gaming and authenticity of products than these NFT arts honestly, the technology is awesome honestly.
legendary
Activity: 2982
Merit: 1149
Leading Crypto Sports Betting & Casino Platform
December 26, 2022, 03:18:38 PM
#59
Friends, I ask you to evaluate these NFT products! Author - CryptArts, you can get acquainted with his works by links! Friends, I also ask you to rate the first post, I also added a couple of NFTs there! It seems to me that some did not even know that such NFTs exist! I know and I'm surprised myself!
I am starting to think this was all for some sort of advertisement for specific obscure NFTs OP is now giving links to.

Also what do you mean about "rating" the first post? There's no rating system in here? If you are implying that we should give merits to it if we like it, then i must let you know that asking for merits is against bitcointalk rules.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
December 26, 2022, 02:57:08 PM
#58
For me NFTs are only interesting if they have a practical purpose to exist and if they give benefits to the holder. Pictures' NFTs are worthless and can be easily copied and reproduced with a simple print-screen. There isn't any uniqueness when holding such NFTs. For me it's a pump and dump scheme with the participation of sellers and some buyers aiming to encourage naive investors to purchase the promoted product as well, deluded into believing he is purchasing something really valuable, while in fact it's not.
hero member
Activity: 1190
Merit: 506
Eloncoin.org - Mars, here we come!
December 26, 2022, 01:45:04 PM
#57
Friends, I ask you to evaluate these NFT products! Author - CryptArts, you can get acquainted with his works by links! Friends, I also ask you to rate the first post, I also added a couple of NFTs there! It seems to me that some did not even know that such NFTs exist! I know and I'm surprised myself!





legendary
Activity: 2982
Merit: 1149
Leading Crypto Sports Betting & Casino Platform
December 22, 2022, 07:45:30 PM
#56
Not that I support it, or find it actually worth a lot. But, the idea is not that is is a good image, or a masterpiece, or even art but more about the fact that it is unique and rare. I know that it makes no sense to many people, it makes no sense to me neither but at least we should know why some people value it so high before we could be shocked by it as well.

The point of this image is not the fact that it is looking good, it is the fact that even if you use it, you are not the owner and NFT makes sure there is a real owner, and that means its very very unique, and even though I think it doesn't worth $11, I find it quite understandable if they really truly believe it.
Not only unique and rare but a part of culture history. The fact that so many celebrities were talking about them makes the case of "part of history" even stronger. And people want to own parts of history. They are usually physical things but that will change in the future when buying rights to something doesn't require physical paper for it.

It's the same reason why bitcoin would have some value even if it gets totally banned from every CEX.
sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
December 22, 2022, 10:29:02 AM
#55
NFTs have become a very popular topic these days as they provide a new way to trade digital assets effectively. However, as is the case with all new technologies, there are some questions and concerns associated with NFTs, such as copyright issues, security, and price stability.

hero member
Activity: 1190
Merit: 506
Eloncoin.org - Mars, here we come!
December 22, 2022, 10:21:14 AM
#54
That's just ... lol? Maybe the person bought it themselves (and yes... paid the fees) to become more famous?

Hah! It's really funny! Grin Grin By the way, this is a very interesting option! I think it's a merit! Smiley I'm more interested in how many minutes such a picture can be made in Photoshop? Grin Grin why is it so funny? Grin

NFT is good while the hype lasts.  Most of NFT reward system today resembles Ponzi scheme.  NFT used to be popular but I believe the hype is already settled down.  As technology it is something outstanding but the reward system implanted to it is absurd and cannot be maintained in the long run.

Yes, I agree with you too! It's hard to say whether the hype has subsided or not! Because various companies are still using NFT as a way to attract attention, but, of course, there is probably less hype!


This is very important. Friends, I ask you if you quote, then please make a smaller picture so as not to duplicate it in every post! In the code, it is enough to add - [img width=200
Thank you for your understanding!
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