NFTs aren't just there yet | Bitcointalksearch.org

DaughterOfBear

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

Hey guys

I am new here, so I want to hear your opinions about one onteresting NFT project, it is called "reptile chronicles". Have you heard about that? What do you think about this? I was impressed from their lore, arts and cinematics. I will wait your thoughts on it.

RavenRenee

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

Maybe you are right friend, but some people get a good profit from this now. I want to invest in some great NFT projects, but most of them are garbage. I have heard about one p2e game with deep lore about three race of reptiles. The Devs are making game, which will be like Terraria. What do you think about this? I will wait your thoughts about that.

CBrowns79

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Quote from: Razanm90 on May 17, 2022, 05:09:01 PM

Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

I made a good profit from NFT, so I think that it is a great way to invest now. I am involved in one p2e game "reptile chronicles" and I think that this project will succeed. The developers said that their active members will get an excellent profit from this project. Also, they have such good features as 1% of all sales for a legendary card. Have you heard about this project yet? What do you think about this?

Oh hi there, also involved there, loving the vibe in discord and devs attitude

Razanm90

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

I made a good profit from NFT, so I think that it is a great way to invest now. I am involved in one p2e game "reptile chronicles" and I think that this project will succeed. The developers said that their active members will get an excellent profit from this project. Also, they have such good features as 1% of all sales for a legendary card. Have you heard about this project yet? What do you think about this?

uneng

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Quote from: Razanm90 on May 16, 2022, 03:36:02 PM

Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

Yeah, NFT have a great future, especially if we talk about NFT Gaming. I am involved in some NFT projects and I am sure they will succeed in nearly future. I heard about blockchain-based NFT Game a few days ago. The devs are making a really good p2e game that will be similar to Terraria.

There are many NFT games being developed nowadays, all of them claiming it's going to be a huge success, but most of them doesn't offer original, innovative gameplay and are just copies of Axie Infinity RPG style. Consequently, they don't make success and become useless quite fast or are discontinued by developers before the launchment.

About this game similar to Terraria you mentioned, what is its name? Is there any gameplay already? Open alpha or beta phase? Or is the team only asking for investments while making promises?

Razanm90

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

Yeah, NFT have a great future, especially if we talk about NFT Gaming. I am involved in some NFT projects and I am sure they will succeed in nearly future. I heard about blockchain-based NFT Game a few days ago. The devs are making a really good p2e game that will be similar to Terraria.

Kavelj22

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I read the news for today about Emirates Flight Arways started accepting bitcoin as a payment method with the airline will add non-fungible token (NFT) collectibles on its webpage. The company has already revealed its NFT and metaverse plans few weeks ago.

https://news.bitcoin.com/report-uae-airline-emirates-set-to-use-bitcoin-as-a-payment-service/

wxa7115

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Quote from: Flexystar on May 08, 2022, 09:17:41 AM

Frankly anything that is digital these days is hackable and what to say about crypto space, every other day we have stolen coins from exchangers, NFT getting hacked, wallets getting looted with private keys stolen and just tons of stuff goes on.
NFT market is something which got the attention of everybody in short period of time but no one cared about its technical development. The NFT are just being bought blindly these days without any prior knowledge of the same and tech behind it. So such stupid things are supposed to happen.

When hype takes over the market it is not rare to see all kind of behaviors that are highly irrational, the same happened with the Tulip mania and we are seeing something similar with NFTs.

I still think that something decent could come up out of NFTs, but the more this is delayed and people keep losing their money as they keep investing in useless images only for the sake of speculating and trying to make even more money then the more difficult it would be for NFTs to get rid of that image, so we could get to the point in which no one takes them seriously anymore as it is the case of icos right now.

Razanm90

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

it is beginning for NFT. I think that NFT has great potential. If you want to start investing in a new project, you should first analyze it in terms of its duration. I am involved in several NFT projects now and I am confident about them. I recently took part in the "reptile chronicles" project. They have novels about three warring reptile clans and it's interesting, the devs are making a quality product.

avikz

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

NFTs aren't here yet and they will never be here! It's a gimmick created by clever marketing and those who have made money, they are the winner. Rest all are going to loose big time. NFT is juat a non-sense stuff. If NFTs could teally value art, the pictures of ape would have never sold for millions.

Rather than inveating in NFT, invest in cryptos, gold and blue chip stocks. That would certainly give you a great return over a period of time.

Dervish doff

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

Still confused to this day, what for NFT in my crypto life, display online, no, it's good in the real world, and just crypto assets, it's easier for me , so the consideration not to be involved in the NFT world, means it is not safe, raising my hand to the NFT game and others.

hashrateproducts

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Quote from: vanesha on May 08, 2022, 09:24:55 AM

can't decide so soon. So far NFT is still developing, there is no project that makes or claims they are already in the final NFT concept, because it is still in the development stage even if it is released by a well-known project they will have a gap to enter. The most important thing is not to hold it for too long if you only want profit from NFT, it would be better to sell it if it is profitable because usually the NFT collected is private NFT, not NFT for the community.

NFT are visual arts, images which print you money only if you know how to use it to generate income. NFT are best known for their P2E games. NFT development stage is still improving in so many features of the projects and it is a good projects to invest in. Their roadmap is
so clear and it's not creepy, more like a tricks Those scammers used duplicated NFT and look for a serious buy which they will send. NFT and keeping to sell it in gigantic profits, in the nearest future.

Kelvinid

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

That is why we called this investment risky...and that is why only risk-takers went to survive while the others going to give up after suffering losses, scams, and getting hacked. I'm sure there is no perfect platform in crypto which literally we could hear some negative feedback from the community but for us who still believe this is worth enough to invest like NFT, that was your choice. It is indeed your desire and willingness to take, not because of somebody.

Razanm90

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

Bros, I am take part in some NFT projects, so I want to know your opinions about one new NFT-based game.I think it has great potential and on their Discord server so mush activities for the community. What do you think about this? I will waiting for all your thoughts about it Wink

vanesha

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can't decide so soon. So far NFT is still developing, there is no project that makes or claims they are already in the final NFT concept, because it is still in the development stage even if it is released by a well-known project they will have a gap to enter. The most important thing is not to hold it for too long if you only want profit from NFT, it would be better to sell it if it is profitable because usually the NFT collected is private NFT, not NFT for the community.

Flexystar

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Frankly anything that is digital these days is hackable and what to say about crypto space, every other day we have stolen coins from exchangers, NFT getting hacked, wallets getting looted with private keys stolen and just tons of stuff goes on.
NFT market is something which got the attention of everybody in short period of time but no one cared about its technical development. The NFT are just being bought blindly these days without any prior knowledge of the same and tech behind it. So such stupid things are supposed to happen.

evichi

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Non Fungible Tokens (NFT) as they are known is relatively new in the crypto space. I think NFTs are particularly more impactful in the blockchain gaming/metaverse. In this case the gaming characters are not just ordinary, they are minted - meaning that owners of the characters spend crypto to mint/own them. So I look at NFTs as unique crypto assets in disguise - of which the worth is determined by the owner.

isaac_clarke22

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

~

Considering how hyped it is, people would not care nonetheless. They are still taking advantage of the hype regardless of what is currently going on around them.
I do not have the news article link for it but I can recall one NFT that was hacked or exploited due to just one single line of code. Can somebody just quote me on the news article of that? I would appreciate it, but yeah NFT is so hyped that people are still willing to risk thousands to millions just to expect it to multiply.

wxa7115

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Quote from: Webetcoins on May 07, 2022, 09:02:41 AM

I agree that NFT world got too high too fast. It needs to calm down a bit and see what it could be used for. It is not really a big deal to buy some art, that is not going to be the end use for it, we have seen it used for games so far which is awesome and really gets me excited, we could see it used for many other things as well in the future.

When the day comes and we have NFT's of all kinds in the crypto market, not just art, then we will see it go up like crazy and FOMO'd all over again. Until that day comes, we just need to make sure that we do not invest into something just because it looks to be something "fun" and find other reasons that are valid.

We are going to need to wait and see what kind of utility NFTs end up having, at least to me the current use which they have been given as a way to sell some digital art does not seem as the right way to use NFTs as anyone can still download the digital image and enjoy it, while this is not possible with a work of regular art.

So other uses will need to appear for NFTs to take the next step, because if things continue in this direction then I think it is possible they are going to suffer the same fate as icos suffered back then.

Webetcoins

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I agree that NFT world got too high too fast. It needs to calm down a bit and see what it could be used for. It is not really a big deal to buy some art, that is not going to be the end use for it, we have seen it used for games so far which is awesome and really gets me excited, we could see it used for many other things as well in the future.

When the day comes and we have NFT's of all kinds in the crypto market, not just art, then we will see it go up like crazy and FOMO'd all over again. Until that day comes, we just need to make sure that we do not invest into something just because it looks to be something "fun" and find other reasons that are valid.

justdimin

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Quote from: Ezravdb on May 06, 2022, 12:14:33 AM

Quote from: FirmWars on May 03, 2022, 10:26:58 AM

Someone I knew took pictures of a random person and sell it on open sea, the crazy thing is someone actually bought the pictures, this is just stupid honestly but who wouldn't want to make money just because something looks so stupid? I am not going to wait around and keep condemning NFTs when I can make money out of them.

Actually it's not stupid because everyone always judges works of art differently through their views, so that every work of art in the form of a photo does not deserve to be called stupid, especially since the photo can also be used for promotional events.
So as long as it can still be useful, then it's not stupid but on the contrary, especially if you can make money with it.

You are right, however look at how the NFT world has been approaching the "art" side of things. As you may have seen, there are so many things that are not artsy and make no sense that went up a lot. Crypto punks, apes, all of that have absolutely no reason to be as high as it is right now.

Most probably they are just money laundering or fake pumped to be that high, otherwise it makes no sense for such an "art" to be that high. Do you really see any value in these images? I personally do not and I fear that people have overpriced them heavily and they will end up losing so much because of this, their investments will erode overtime for sure.

tvplus006

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Quote from: Victorik on May 02, 2022, 11:23:02 AM

Am I the only one who do not have much interest in this NFTs. I am still yet to understand and comprehend exactly what it is. I don't just know why I don't like it. Anyway, I guess I have to follow the trend and not fight it.

I think I understand your concerns about NFT, since I myself very often fall into a stupor when I see that the cost of Jpeg is hundreds of thousands, and sometimes millions of dollars, which actually have no artistic value. But nevertheless, I have a few NFT stored in my wallet, which may have value in the future.

Leo

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

Ape got hacked and still yet lots of people are still buying, reason is because it has a use case, buy nft that has utility and you will be glad you did, token and coins are being hacked too, you cannot judge that coin and token are not there yet. No doubt there are lots of scam nft just like we have scam coin and token. Most of these creators that have a scam nft projects buy and sell their own Nft's to themselves, multiple times, using different accounts, just to give the impression that the image has some sort of value to it, to lure people that will fall for it and buy at the outrageous amount they've set. Unless the Nft has a tangible use case like in gaming, tickets etc don't waste your money buying.

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Quote from: FirmWars on May 03, 2022, 10:26:58 AM

Someone I knew took pictures of a random person and sell it on open sea, the crazy thing is someone actually bought the pictures, this is just stupid honestly but who wouldn't want to make money just because something looks so stupid? I am not going to wait around and keep condemning NFTs when I can make money out of them.

Actually it's not stupid because everyone always judges works of art differently through their views, so that every work of art in the form of a photo does not deserve to be called stupid, especially since the photo can also be used for promotional events.
So as long as it can still be useful, then it's not stupid but on the contrary, especially if you can make money with it.

jrrsparkles

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

Influencers are keep bumping for NFTs so investors are ready to invest because these people are recommending and vouching for such investment. Those investors may not aware of what is actually happening in the market because most of them were busy with lots of stuffs so they beleive what the advisors and influencers are telling to them.

Rampagoe004

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I am not too sure about nft projects in the future although currently some NFT projects we can rely on but there are still many things that we have to consider with the project for the future, and to find safety then I focus more on altcoin projects that have potential despite the current market situation but in the future have high hopes of profit, if indeed nft apes can be hacked then this project is very risky.

Lagduf

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just have something to do with the fact that NFT is still rather immature, it’s a new technology after all and a new technology tends to have vulnerability.
I think in the future it’s gonna be a lot more secured and this requires intensive development as it’s financial technology that have something to do with the masses and related with money.
it’s just like how most of the cryptocurrency based technology are, they gonna develop slowly but sure and become more and more mature technology and reach the treshold of this thing you call “aren’t there yet”
it’s matter of time after all.

Razanm90

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I’ve read all of your opinions about the NFT and I agree with some of them, especially about the NFT’s security. If you invest in NFT, you need to be careful. I think that the future is in NFT-based games, because many people like to play. Therefore if you play and make money from it, it’s double the fun. I’m currently actively following-up one interesting NFT project “Reptile Chronicles”. The universe has a deep lore, that surprised me. Also I love card games like HS and Gwent, so I’m really looking forward for the release of this game.

death69

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

It is just a hype that caused people insane, just like what smart contract did in 2017. All of those "buzzwords" , innovation technologies make people think that they are on the right track, they are pioneer investors which turns out to be a huge deception. Just look around you, and think about the smallest NFTs implementation you can imagine. How can we use it in real life? Will it change our life? Does it bring any benefit to the poor or the workforce? Definitely no.

Your money your choice. I only invest in those NFTs because I like to make money with the trend. But we must keep our mind clear that there is no significant insight at all. Everything is just exaggerated. Be a smart investor

FirmWars

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Quote from: DeathAngel on May 02, 2022, 11:59:34 AM

I just think that NFT’s are this cycles version of last cycles ICO boom & bust. Let’s be honest, who wants to pay hundreds of thousands of $ for a stupid JPG image, it’s ridiculous. I think a lot of ballers were selling NFTs to themselves to launder money but also increase the supposed worth of said NFT for the next potential sale. When you have celebs & influencers buying them for stupid money there is always the chance some other high net worth moron will follow them.

If I was you, I would be looking to invest in bitcoin & other leading alts. NFTs are a passing phase, they have no utility & no future use case.

Someone I knew took pictures of a random person and sell it on open sea, the crazy thing is someone actually bought the pictures, this is just stupid honestly but who wouldn't want to make money just because something looks so stupid? I am not going to wait around and keep condemning NFTs when I can make money out of them.

killerfrost

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

The fact that new projects have been constantly attacked recently makes me have a very negative view of products that have not yet reached the level of security, but manufacturers just want to speed up bringing products to market as soon as possible. good. This is also deplorable when projects are of such great value that they ignore the protection steps to keep users and projects safe. As for the case of APE alone, I don't think there's too much to worry about because with the success that the project is having, it is also showing a clear trend, so please be more patient and everything will be fine soon.

Questat

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Quote from: VanityWallets2015 on May 03, 2022, 06:43:59 AM

I just heard before that the APE is pumping and now they get hacked? I don't think NFT are reliable and way back before, I already have doubts about this and didn't proceed in jumping into the hypes until now but it seems that the investors are not concerned about what happened which I think they should be concerned as they are an investors and should be aware in this type of news.

No one in crypto guarantees 100% security and even known exchanges are targets for hackers. But I suspected that APE Yacht has been too careless or their security system isn't strong enough that can easily be cracked by hackers that cause big losses. This is what we called risk in depositing our funds to exchanger as they are the most target of these people.

However, this means that its losses its credibility unless lapses have been too bold to see. But to a matter that was only an accident, I don't think we have to lose our trust.

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Quote from: cloudfir3e on May 03, 2022, 06:30:49 AM

I was interested in NFT around the end of 2021 then I started hunting for NFT on Twitter airdrops, it hasn't been sold until now

That means you are hunting for NFTs that have no value so the time you spent hunting NFTs in the past has been wasted and now try to hunt for better tokens and coins so that your time becomes very valuable when you can make a very good profit.

VanityWallets2015

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I just heard before that the APE is pumping and now they get hacked? I don't think NFT are reliable and way back before, I already have doubts about this and didn't proceed in jumping into the hypes until now but it seems that the investors are not concerned about what happened which I think they should be concerned as they are an investors and should be aware in this type of news.

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I was interested in NFT around the end of 2021 then I started hunting for NFT on Twitter airdrops, it hasn't been sold until now

indo1

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NFT has not yet reached perfection or its development is not yet final. Everyone is still trying to develop NFT with various problems that exist in NFT, including their security. In any case, NFT's security is very vulnerable, we haven't even seen any NFT project that guarantees the security of its users, we only get security based on the blockchain program code without any strengthened security. Besides that, I think the attackers in NFT are like top class hackers who are great at finding loopholes, if you buy NFT you have to be really careful about keeping it.

Blowon

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I believe that NFT is different, the security is different, the blockchain code is made in such a way with high enough security. Especially if it has a large utility at a high price, such as NFT for yacht charter, surely they have prepared everything including security and those who bought it at such a high price must have considered this before buying it. What happened about the APE NFT event might be a hacker class or, or those who really understand the APE system itself, I don't think all NFTs have the same security because if that happened, everyone would never buy NFT.

StarKay

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

It is always good to be a part of an upcoming project although risky but also very rewarding if successful.

NFTs are not there yet means there is an opportunity for you to join early, you just have to do your due diligence and also invest wisely to reduce the risk of losing your investment.

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

..... Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

That's alright if you feel that way. I also do not see much value in most NFTs yet or I think they are still sold at a price that are higher than what I think is their actual value. Just sit back and let the whales play the game for a while.

sheenshane

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IMO, when there's a hype project (like NTFs) it's always prone to hack or project itself turn into a scam, that's why those NTF projects don't have a real concept were usually considered as scam. I think only P2E games have a better concept on this NTF because they have a real use which is everyone has been tried through Axie Infinity which is everyone has profited already.

I also think that there are some NTF projects belong to the pump and dump price which is obviously a scam.

abel1337

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

As far as I know their social media Instagram where the one who is hacked and the culprit used it to acquire BAYC nfts by scamming it's holders. Those hundred dollars gas fee aren't a problem compared to the profit you can earn in having those kind of NFT so we can't say people are dense. They are aiming for profit and those profit are very possible since the foundation of that project "BAYC" is solid. There are many projects that are trying to copy BAYC but not that much has been successful.

dark1234

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NFT is currently becoming a very fast HYPE in various countries, it is not uncommon for us to find photos and paintings on display at OPENSEA which may have no purpose other than luck from those who like them.
i personally have never invested in an nft except for nft p2e games the reason is because i like to play games and there is an income

royalfestus

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Quote from: Victorik on May 02, 2022, 11:23:02 AM

Am I the only one who do not have much interest in this NFTs. I am still yet to understand and comprehend exactly what it is. I don't just know why I don't like it. Anyway, I guess I have to follow the trend and not fight it.

NFT makes money pump so easy but I dont know what makes it better than most ealier hype like Defi etc. I cant Defend the money laundering idea in NFT than many other platform. They are well overpriced product which cant be defended by anything, yet they get sold very fast. We have also seen how the process can still have a massive price irrespective of the envitronment

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Quote from: Daodex on May 02, 2022, 11:58:26 AM

I am against ART NFTs because they have no real use but I like gaming NFTs that you can import inside a game and play on,

I am neutral on this, anything that can give us profit is interesting (except for scams of course).

Quote from: Daodex on May 02, 2022, 11:58:26 AM

I will never spend thousands of dollars of pictures,

Same here, for me it makes no sense of spending thousands of dollars on a picture that is not even created by a known artist.

Quote from: Daodex on May 02, 2022, 11:58:26 AM

also I won't spend too much on NFTs they are like ICOs right now, one day thinks will go side ways.

Or possibly crash hard and become worthless because hype had faded away.

Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

I just feel like NFTs aren't there yet, maybe they will some day.

Someday? Maybe NFT had already been there(peak) and someday the hype will fade away and many will suffer a huge amount of losses.

Baofeng

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

You can't blame them, I mean they have money to spend and they have the right to do it. It they got hack or stolen or something bad happens, then it will be an eye opener for them. And yet I don't think they will learn their lessons. Yes, there could be smart people here, but I think there could be set of investors that are still willing to play hundreds of thousands of dollars just to get on the latest NFT hype.

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Quote from: DeathAngel on May 02, 2022, 11:59:34 AM

I just think that NFT’s are this cycles version of last cycles ICO boom & bust. Let’s be honest, who wants to pay hundreds of thousands of $ for a stupid JPG image, it’s ridiculous. I think a lot of ballers were selling NFT’s to themselves to launder money but also increase the supposed worth of said NFT for the next potential sale. When you have celebs & influencers buying them for stupid money there is always the chance some other high net worth moron will follow them.

If I was you, I would be looking to invest in bitcoin & other leading alts. NFT’s are a passing phase, they have no utility & no future use case.

I think the same, how many people are actually buying NFTs because they like the art or whatever utility they get from them? I suppose it is a very small minority of people that are doing something like this.

The rest are either selling NFTs to themselves to try to make themselves seem as a successful artists, laundering money or wildly speculating with their savings, and when I take that into account then there is no way I would be willing to invest a single dollar in NFTs at the moment.

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Quote from: X-ray on May 02, 2022, 08:41:15 AM

...Ape is not getting hacked. The social media is.

While this is true, they really messed up by not keeping it secure. Obviously no one blinks an eye when official accounts posts a link. It wouldn't even occur to me that trend leader wouldn't have like 3x security measures on their social media.

Ararbermas

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Quote from: Victorik on May 02, 2022, 11:23:02 AM

Am I the only one who do not have much interest in this NFTs. I am still yet to understand and comprehend exactly what it is. I don't just know why I don't like it. Anyway, I guess I have to follow the trend and not fight it.

better to stay away if i were you because tbh i know what is NFTs and the purposet, but guess what i don't have any nfts because it's like you are buying nothing and you don't even knows if there is someone who will like to buy it as well for higher price after 3 to 5 year for example because surely nfts nowadays will be left behind in the future because of some reason.

So its nonsense IMO, i mean perhaps when it comes short term it's good and useful, but for long term i think it's very skeptical if there's still a high demand after all.

Bitstar_coin

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The nft space is relatively young so it is normal for you to feel that way about it. Right now many of the nft projects are just for quick profit only, the space is very vulnerable to hackers just like defi use to get hack easily in the beginning.
Despite these hacks in the nft, big names from different organisations are getting involved, creating their own NFTs. So Investors will keep investing in nft because of the genuine ones from the reputable companies, there is nothing anyone can do to stop hackers.

passwordnow

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

Well, we cannot stop people investing in NFTs. It also means that they've got a lot of money to begin with and only the wealthiest are investing on it because of their high prices.
AFAIK, there is because some incentives from these NFTs and they are not exempted with the market's volatility.
Whilst they have made a huge money on these NFTs, these people should be wiser around to buy bitcoin.

DeathAngel

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I just think that NFT’s are this cycles version of last cycles ICO boom & bust. Let’s be honest, who wants to pay hundreds of thousands of $ for a stupid JPG image, it’s ridiculous. I think a lot of ballers were selling NFT’s to themselves to launder money but also increase the supposed worth of said NFT for the next potential sale. When you have celebs & influencers buying them for stupid money there is always the chance some other high net worth moron will follow them.

If I was you, I would be looking to invest in bitcoin & other leading alts. NFT’s are a passing phase, they have no utility & no future use case.

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Quote from: Victorik on May 02, 2022, 11:23:02 AM

Am I the only one who do not have much interest in this NFTs. I am still yet to understand and comprehend exactly what it is. I don't just know why I don't like it. Anyway, I guess I have to follow the trend and not fight it.

I am against ART NFTs because they have no real use but I like gaming NFTs that you can import inside a game and play on, I will never spend thousands of dollars of pictures, also I won't spend too much on NFTs they are like ICOs right now, one day thinks will go side ways.

Victorik

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Am I the only one who do not have much interest in this NFTs. I am still yet to understand and comprehend exactly what it is. I don't just know why I don't like it. Anyway, I guess I have to follow the trend and not fight it.

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what?

The hacked case happened caused by the ape's instagram got hacked and hackers are using it to spread the phishing and some ape owners were using that phishing link and they got stolen. People are not dense. When you remember a year ago the price was not so crazy like this time. You can imagine how much money that can be farmed when you onwned a few ape NFTs?
Remember ape token airdrop

Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

Ape is not getting hacked. The social media is.

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what?

Their not they just being bullish on anything bayc devs doing that involves another potential nft. This is not a suprise given the profits they received from their ape nft and coins. Isnt this nft are for average joe who wanted to flip a common one since the market for these nft around their ecosystem is highly in demand.

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

Are these NFTs are reliable? Isn't hard to believe but these NFTs look like it losing their value and causing many issues.

But in the talk about APE yacht hacking incidents https://www.protocol.com/fintech/bored-ape-hack-nft. This will tell that the platform isn't totally secure or more likely lacks security that can easily be breached by hackers. Anticipation for this thing is supposedly been done before but it is likely not on their priority.

Quote

After a user clicks on a phishing link, how NFTs are stored becomes a critical question. If they’re kept in an internet-connected hot wallet, an option many prefer for its simplicity and the ease of trading assets kept online, the hacker can easily get access. Hot wallets can be standalone software applications, online accounts maintained by an exchange or even simple browser extensions like the popular MetaMask.

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Quote from: JangoUnchained on May 02, 2022, 07:55:08 AM

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

At the moment; NFTs are making waves because they are your easiest route of going to the city (profits) or losing everything you have on crypto (losses). But then that is not enough reason to panic; there are different strategies involved when it comes to NFT trading, purchase and investment. Have you seen p2e NFTs before and the profits that come with them ? Please read more on NFTs, you will have more knowledge about them

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Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

Topic: NFTs aren't just there yet (Read 425 times)