Topic: Popular and Lucrative Ordinals Bitcoin NFTs- Where are my Ordinals Experts at? - page 3. (Read 483 times)

the facts you ignore, dont understand or want to hide under a blanket and not want to see.. is this

A. yes its more useless data that bloats a block and leads to less transactions per block
b. the meme data does not sit within the signed tx data segment. meaning its not signed off and included in the proofs. its appended metadata at the end. thus not really part of the tx data
c. there is no data in the tx to link the junk meme to a particular output.
d. even basic economic maths of ordinals as a whole is broke.

when you want to be that ignorant to it just to scam people for your profits.. then yes you might earn a bit more income. but it just makes you look immoral unethical, dumb and scammy

bitcoin data for bitcoin value actually does work outputs have values side by side to know what value goes to which output. it gets locked and signed preventing edits as it passes through peers. and does transfer units within the signed content of a tx. its not like the value amounts are unsigned and can be edited pre confirmed via random people

as for the economic math..
when a utxo is being spent its total amounts used as inputs are then set to an amount of fee deducted, and then the remainder goes to destinations. meaning any "first sat" ends up destroyed as fee's, where a block the tx is included in gives the block solver fresh allotment of new sats of a combined amount of reward plus destroyed/ unaccounted sats

theres a reason casey calls his project a "theory".. its so he can legally say he has never made any claims of truth about his scam and its the victims own fault if they got scammed becasue they never tested/proved the theory. they just believed in the theory blindly

and by the way.
those using "first sat" theory.. are not millions of random users. they are just a dozen guys with pool manager access to funds spending decisions. to decide who to direct miscounted sats to idiots for profit... so if you want to pretend you received a "first sat" then you are already a victim at a loss.. hoping you can sell on your loss to another idiot to break even

if your spending more then 1 sat to receive one sat. you have been scammed

Ordinals as am concerned aren't bitcoin or NFT bitcoin,as we all know that bitcoin remains bitcoin and no other form, for the fact that there's a space created for an NFT on bitcoin transaction blocks doesn't make NFT bitcoin, many have also been wandering about how they could use the bitcoin network for the exchange of these Ordinals, well it's now clear and plain that Ordinals are NFTs and they are not bitcoin, this discussion as well is more fit in market place, exchanges or altcoins discussion board.

Appreciate the heeded warning Franky. I mean I guess a lot of economies could really be considered fake, couldn't they? The Fed creates dollars out of thin air and although they are considered real they're really just fake money based on credit from the US Gov't haha. Yeah, I guess you could call it the wild wild west of Bitcoin "scam" NFTs right now, all of these BRC-20 sites are competing for dominance and creators are rushing to pedal their latest scam sats lol. I mean don't get me wrong there is no real value that ordinals bring other than bringing more users to the table to adopt crypto but even then these same NFTs don't have even a fraction of the hype that other ETH based NFTs brought investers/consumers in the early stages. Thanks for the warning Frank! I am still doing my research here, I wouldn't mind earning a few chips though off of speculation in the short term if I can 

why would you care about issues such as ownership and transfer of ownership if you consider all NFTs to be scams? so because you disagree with how ordinals handles "ownership" and "transfer of ownership" you're going to say that's the reason why ordinals nfts are scams and that's why people shouldn't be involved in them? or is it because you don't like them clogging up the blockchain and causing higher transaction fees? be honest.


If Vitalik doesn't see an issue with Ordinals then I don't see why you should.

Vitalik Buterin Praises ‘Builder Culture’ as Bitcoin NFT Volume Hits $210 Million
https://beincrypto.com/vitalik-buterin-bitcoin-nft-volume/

but bitcoin has actual fundamental logic, economics, maths, cryptography that prove value and also ownership and transfer of ownership


bitcoin has fundamental logic, economics, maths, cryptography that prove value and also ownership and transfer of ownership

however
the ordinal memes and json junk is appended deadweight metadata that sits outside the tx format of what gets signed into a tx.. thus does not form part of the signing process proof of content nor part of the output value assignment process.. thus they have no proof of transfer nor ownership. thus deadweight scam

Bitcoin is like saving or spending. This balance shows one's comprehension and conviction in Bitcoin's transformative capacity. I believe Bitcoin's value goes beyond its price. It empowers financially.

I use Bitcoin for transactions even though I hoard a lot. Why? Because every Bitcoin transaction, however small, contributes to the big experiment of decentralizing finance. I understand hodling, especially after the price rallies. Its paradoxical. The idea is to balance your financial goals and Bitcoin's potential. Bitcoin's only constant is change.

some people would disagree with you. just because something exists for a long time doesn't mean it is not a scam. and just because alot of people get involved in it doesn't mean it's not a scam. if people lose money in something does that mean it is a scam? how many people bought bitcoin at or near it's ATH and have been sitting on a loss ever since then? just something to think about before you call other things a scam.


so because you say so, people shouldn't pursue their interests in collecting digital artwork and things?

Yes, but BTC has proven over time that it's not a scam.
Ordinals seem are just another shitcoin / token / ICO / IEO / and so on that have cropped up in the crypto world.
99%+ will eventuality just become worthless. Mich like the shitcoins / tokens ......

There are better ways to spend your time and money they chasing that fraction of 1% that might be worth something.

-Dave

it sounds like you have alot of researching to do. but one of the ones I've seen is ordswap.io. not sure how good it is but it's been around a while.


you could say the same thing about bitcoin itself   some people think cryptocurrency is a scam and not real.

visit most scam sites. you will find them there, trying to coax you into trading with them..

just be warned when they say they have something rare, cheeky.. and they want to sell it to you.. they are selling you a scam and you are buying it for alot more than its real sat worth.

but if you want to continue into the fake economy, goodluck.

Hi All,

I imagine this post might be met with a high degree of skepticism but like it or not these ordinals seem like they're going to exchange hands no matter what and we have an opportunity here to make a lot of SATs with just one sat!!! A popular sat. A cheeky buggar sat, eh?

I want to know what is the best website to trade ordinals NFTs as well as to get informed on what are the trending Ordinals right now on the market, up and coming airdrops that you may all know of. I would like to know what is the best wallet to use for this as well? Might as well play around with it. Who knows could end up getting some really good ones that increase in value for a short time enough to cash out and get your chips up, savvy?

Cheers,

TREAD