Wait a bit, do you wanna go into investment on NFTs or what?
Well if may tell you the truth about NFTs it's just piece of arts works or drawing that is being wrapped up and sold in an OpenSea or any other marketplace although anything could be wrapped as an NFTs then forward to you to unwrap it you see the real value of what you were sent on. Literally arts drawing had been taken over us which made us not to put effort to know more about NFTs especially me, I hardly give attention to it as I believe nothing good comes from it rather than just a piece of drawing that need to be unveiled before anyone could see the real values of what you have purchased. I would prefer buying more BTC than having some NFTs with me.
Topic: NFT ?? What do you think about it ? ? ? - page 4. (Read 784 times)
At this point, the NFT industry is dead. It is worth recognizing, the volume of trading has fallen to the most catastrophic levels. Two marketplace, which still somehow maintain activity, this MagicEden and OpenSea, but even there, the trading volume is much lower even than the first half of this year. Now to buy something on the NFT marketplace... it would be like a lottery. Of course the NFT blue chips are still valuable and will continue to be so, but everything else has just turned to ash. The NFT industry is in such severe decline that collections go into the minus immediately after minting. I don't know if NFT will revive in the next bullrun, but at the moment things are very bad and not promising in terms of investment.
There's more to NFT's. It should not just be random drawings, paintings, or unique photos. I have seen NFT's with real usage, like items in games which could make you faster to mine the coin that could truly be sold for cash.
IMO, it's better that way, an item for grinding, a premium one that can be bought for cash but can also be used to get the ROI back. Not just in games but in other applications too.
It should not be just for buy and sell like what they do with arts.
Some NFTs are like a digital art and just like arts in the real world, they don't have any use cases other than for display purposes or collectibles but we can resell them at a much higher rate. This is the good thing about them but for the other NFTs, they need to have some use cases because they are not an art and it will be useless if you will just stare on them.IMO, it's better that way, an item for grinding, a premium one that can be bought for cash but can also be used to get the ROI back. Not just in games but in other applications too.
It should not be just for buy and sell like what they do with arts.
Other than gaming NFTs, there is also NFTs now in the gambling world but the number of gambling sites that have them are only a few. There's also NFTs in exchanges and the one that is hot now are the NFTs from the soccer teams. Well, that's because there is a world cup that is happening right now.
IMO NFTs are still in its infancy and it still needs lot of development. The technology solves several problems for the digital era as well as it is also a solution for the problem of identity validation online. But as said, the technology still needs a lot of work. For now, its only speculation and no real solutions for it. Hopefully, in the coming years we will see new application for the technology.
Thank you for your opinion!! What do you think about the fact that Starbucks wants to issue its NFT cards??
Well, this is Bitcointalk after all. I'm sure that you know and aware of its purpose or the reason why this forum is made for.I heard about it but I haven't check why they want to issue their NFT cards or for what purpose. So, I can't much give an opinion or something like that but this is what I can think of right now about it which is, I really don't care if they will issue their own NFT cards or not but if we could also benefit from their NFT cards like earn money/profit when you own one or more collectible stamps then why not acquire their NFT cards. I made a little research about it and this is what I found that when you collect/acquire an NFT then that stamp will be used as an access pass to Starbucks' World of coffee and unique experiences with starbucks or you can read all of it https://stories.starbucks.com/stories/2022/the-starbucks-odyssey-begins/
To some extent, I'm not particularly interested in these NFTs Starbucks cards either! But I understand that the company is doing this more to extract profit!! By the way, I agree with you that NFT starbucks cards can be similar to a discount system or some other similar promotions!
Quote
Thank you for your feedback! I think it would be cooler if NFTs were sold together with the physical original of the painting! What do you think about it??
I think a certificate of purchase and authenticity of an art object can just be issued in the form of an sf, it would be much more logical.So that,for example, with the help of a qr code, it would be possible to view an entry in the blockchain.Well, that's an interesting opinion! It's not a bad idea!
Also, if it is just physical form, then how would nft be different from 'typical' artworks?
I think the difference is that there will be two copies! One is the original in physical form, and the second is in virtual form and plus an entry in the blockchain. I think that's the main difference.
NFT is a waste of time unless theres a utility behind that NFT. Theres should be a service, games or goods that backs the NFT project.
Thank you for joining. Thank you for your opinion. I also think that there should be something more weighty under the concept of NFT!
The marketing of NFT is just so incomprehensible I do wonder how on earth someone will be willing to pay up to 4 ETH just for an image sorry NFT.
I don't understand it either! It seems to me that this is some kind of wildness! The product must be worth its money or, in other words, the price must be justified! But I have such a suggestion! That when the price is put higher, it begins to seem that this product is really cool, but in fact it is not! It's kind of a trick! A marketing trick!!
NFTs can speak a lot without voice, I had traded many top-class NFTs at opensea and Quix and there are many other websites where we can trade NFTs, I simply say that NFTs are love. We can earn a lot from NFTs. Some people think that these are just images nothing more than that, but I think they are wrong. NFTs speak a lot.
As long as the NFT has a good utility into it, I'm more happy to keep it. If we talk about the kind of artwork, I personally not a fan of art works but I understand the hardship and effort of those NFT who are illustrated manually rather than those who are AI/Computer generated. I like GameFi because it's NFT produce a certain utility to it and can generate profit by using that NFT but yeah aside from the NFT the whole project ecosystem should be right.
Those ape jpegs are just overrated. I don't see the real value into it even if those celebrities own one, I don't find a reason why I would spend a hundred of thousand to be one of them. I would personally buy BTC or a valuable stone rather than those over rated apes jpeg.
Those ape jpegs are just overrated. I don't see the real value into it even if those celebrities own one, I don't find a reason why I would spend a hundred of thousand to be one of them. I would personally buy BTC or a valuable stone rather than those over rated apes jpeg.
I believe the NFT market is only part of the Hype or certain momentum from existing events.
I see no more value than functional NFT. may be different from the opinion of people who understand art. but in the NFT market, you can see a lot of NFT works that are sold quite expensive, and sorry, it's better to invest in Bitcoin or other altcoins for me.
the NFT market is highly dependent on momentum. like when the Hype of the game project, they released the NFT which is also being hunted in the market. this seems to be related. but for NFTs that don't have clear projects and sell at high prices, that's confusing to me.
The latest momentum today is the world cup. NFT players and all the attributes related to the current world cup are crowded. I don't think this is a good investment. but the NFT market is still alive and has its fans.
I see no more value than functional NFT. may be different from the opinion of people who understand art. but in the NFT market, you can see a lot of NFT works that are sold quite expensive, and sorry, it's better to invest in Bitcoin or other altcoins for me.
the NFT market is highly dependent on momentum. like when the Hype of the game project, they released the NFT which is also being hunted in the market. this seems to be related. but for NFTs that don't have clear projects and sell at high prices, that's confusing to me.
The latest momentum today is the world cup. NFT players and all the attributes related to the current world cup are crowded. I don't think this is a good investment. but the NFT market is still alive and has its fans.
NFT is a waste of time unless theres a utility behind that NFT. Theres should be a service, games or goods that backs the NFT project.
True, but not in all aspect. But I do agree that NFT isn't something I'll venture into in the nearest future.
The marketing of NFT is just so incomprehensible I do wonder how on earth someone will be willing to pay up to 4 ETH just for an image sorry NFT. While not just find a more suitable project to invest in rather than purchasing NFT.
Though they have quite a few persons who truly understand the potential that a certain NFT possess and have made it big in NFT but I am not sure if they will ever be a time when I will be willing to invest in it.
NFT is a waste of time unless theres a utility behind that NFT. Theres should be a service, games or goods that backs the NFT project.
Quote
Thank you for your feedback! I think it would be cooler if NFTs were sold together with the physical original of the painting! What do you think about it??
I think a certificate of purchase and authenticity of an art object can just be issued in the form of an sf, it would be much more logical.So that,for example, with the help of a qr code, it would be possible to view an entry in the blockchain.And for those people who lowly look towards NFT? You guys might not really know a thing about it. It is more than a piece of clip art or picture alone. There's more into it. The overall value of NFT, jist like a traditional art, depends on the audience who looks at it.
Quote
Thank you for your feedback! I think it would be cooler if NFTs were sold together with the physical original of the painting! What do you think about it??
I think a certificate of purchase and authenticity of an art object can just be issued in the form of an sf, it would be much more logical.So that,for example, with the help of a qr code, it would be possible to view an entry in the blockchain.
Thank you for your opinion!! What do you think about the fact that Starbucks wants to issue its NFT cards??
Well, this is Bitcointalk after all. I'm sure that you know and aware of its purpose or the reason why this forum is made for.I heard about it but I haven't check why they want to issue their NFT cards or for what purpose. So, I can't much give an opinion or something like that but this is what I can think of right now about it which is, I really don't care if they will issue their own NFT cards or not but if we could also benefit from their NFT cards like earn money/profit when you own one or more collectible stamps then why not acquire their NFT cards. I made a little research about it and this is what I found that when you collect/acquire an NFT then that stamp will be used as an access pass to Starbucks' World of coffee and unique experiences with starbucks or you can read all of it https://stories.starbucks.com/stories/2022/the-starbucks-odyssey-begins/
Please join the discussion! Thank you to those who joined!
Thank you for your opinion!! What do you think about the fact that Starbucks wants to issue its NFT cards??
Thank you for your feedback! I think it would be cooler if NFTs were sold together with the physical original of the painting! What do you think about it??
It made me smile!
But I'm curious! I just want to figure it out!! Why buy NFT? In order to build a collection?? Or in order to sell more expensive?? If in order to sell more expensive, then it can still be called a justified act!!
I agree with it that it is overhyped and I also believe that some people take advantage of it to sell art even if the art is created by children or a child. Even a meme picture is also sold as an NFT and I am not sure why that person bought it when many people have access to it and even include it in a video or even in an article. Not that I don't like NFT because of people who are taking advantage of it but because you can also earn profit but I think the hype will stop sooner or later.
Thank you for your opinion!! What do you think about the fact that Starbucks wants to issue its NFT cards??
I still don't understand what the phenomenon of these pictures is.It's funny to me to watch how what cost hundreds of thousands yesterday is worth nothing today.I can understand if the nft is attached to the subject of real art and it gives the right to transfer, then yes.
I have never bought them and do not plan to, I do not see any uniqueness in them except as a record in the blockchain.
I have never bought them and do not plan to, I do not see any uniqueness in them except as a record in the blockchain.
Thank you for your feedback! I think it would be cooler if NFTs were sold together with the physical original of the painting! What do you think about it??
I wouldn't spend any penny there
It made me smile!
Think about it in a simple way like this. NFTs are also altcoins and their purpose is to create hype for profit, so if you are here for profit and willing to take the risk, then NFT is also a good investment.
In spite of the fact that many people predict the NFT trends are gone, I think the opposite. They are still the favorite hype generator of the sharks, so they are not going away anytime soon. Like memecoins, they will always have a niche in the market, and there will always be people investing in them.
In spite of the fact that many people predict the NFT trends are gone, I think the opposite. They are still the favorite hype generator of the sharks, so they are not going away anytime soon. Like memecoins, they will always have a niche in the market, and there will always be people investing in them.
But I'm curious! I just want to figure it out!! Why buy NFT? In order to build a collection?? Or in order to sell more expensive?? If in order to sell more expensive, then it can still be called a justified act!!
There's more to NFT's. It should not just be random drawings, paintings, or unique photos. I have seen NFT's with real usage, like items in games which could make you faster to mine the coin that could truly be sold for cash.
IMO, it's better that way, an item for grinding, a premium one that can be bought for cash but can also be used to get the ROI back. Not just in games but in other applications too.
It should not be just for buy and sell like what they do with arts.
IMO, it's better that way, an item for grinding, a premium one that can be bought for cash but can also be used to get the ROI back. Not just in games but in other applications too.
It should not be just for buy and sell like what they do with arts.
The last few months were really popular and the NFT hype was incredible. Lots of successful NFT Products at really crazy prices. But, lo and behold, that is all over and the most popular NFTs have also seen their prices drop tremendously.
I even had some NFTs that were quite expensive and ended up being digital image junk because they couldn't be sold and no one would buy them at such a high price anymore.
The heyday of NFTs is over and replaced by a few newer projects.
I even had some NFTs that were quite expensive and ended up being digital image junk because they couldn't be sold and no one would buy them at such a high price anymore.
The heyday of NFTs is over and replaced by a few newer projects.
Think about it in a simple way like this. NFTs are also altcoins and their purpose is to create hype for profit, so if you are here for profit and willing to take the risk, then NFT is also a good investment.
In spite of the fact that many people predict the NFT trends are gone, I think the opposite. They are still the favorite hype generator of the sharks, so they are not going away anytime soon. Like memecoins, they will always have a niche in the market, and there will always be people investing in them.
In spite of the fact that many people predict the NFT trends are gone, I think the opposite. They are still the favorite hype generator of the sharks, so they are not going away anytime soon. Like memecoins, they will always have a niche in the market, and there will always be people investing in them.
I think it will all make sense if the NFT will come from a real and phenomenon artist. Not just limited to those that has passion with arts and painting stuff but also to musicians and other sectors that are also part of the art industry.
The NFT market has been overhyped due to the overpricing of these NFTs that has probably a use case if you're part of their club. But mostly, it's like a pixelated or a painting stuff that has been digitalized. I wouldn't spend any penny there especially in a bear market.
The NFT market has been overhyped due to the overpricing of these NFTs that has probably a use case if you're part of their club. But mostly, it's like a pixelated or a painting stuff that has been digitalized. I wouldn't spend any penny there especially in a bear market.
The idea? Actually great if it was implemented properly. What happened? Absolute garbage imo. It still baffles me how people were duped into buying these monkey NFTs, heck they may just resell them but then I pity those who would incur the losses in that entire process of buying and selling. While I do agree that beauty is in the eye of the beholder, the most active part of the NFT industry isn't even about seeing beauty anymore, it's about who can build up more hype, sell, and then run away before everything else goes hell.
Dedicated to the owners of non-existent things!! 
What do you think about NFT products?? I am interested to know any of your opinions!! I will be glad if you share something interesting! Do you think that NFT is very popular in the market?? Is it possible to call it absurd or call it something outstanding?? Please join the discussion. Tell me what you think about it! I'm really interested.
For example - The bored monkey for 300 thousand dollars and Pixel cat for 531 thousand dollars
what I know right now is that maybe the NFT hype has dropped not as great as before, almost all people in various countries are selling their own NFTs. but unfortunately during the hype a lot of unskilled people filled the NFT market with low quality images that have no attractive value.What do you think about NFT products?? I am interested to know any of your opinions!! I will be glad if you share something interesting! Do you think that NFT is very popular in the market?? Is it possible to call it absurd or call it something outstanding?? Please join the discussion. Tell me what you think about it! I'm really interested.
For example - The bored monkey for 300 thousand dollars and Pixel cat for 531 thousand dollars
well, maybe at this time some NFTs still have high prices but NFTs that really have an artistic value of beauty or a really good rarity of paintings.
but for the other NFTs it is currently of no value at all
Jump to: