Buy BTC sold for 16 BTC-1 mil USD

[Troytech]

Something like this already exists, in the early history of play to earn games many companies used this model for thier games, I did some research and one that best fits what you described here would be Axie Infinity,

 In the game Players collect and mint non-fungible tokens (NFTs) which represent axolotl-inspired digital pets known as Axies.These creatures can be bred and battled with each other within the game.Sky Mavis charges a 4.25% fee to players when they trade Axies on its marketplace. I can't go into much details about them but this is a link to read yourself https://en.m.wikipedia.org/wiki/Axie_Infinity.

Axie infinity was "basically" pokemon, they couldn't put the names there, but that's what they set out to do, in a trademark avoiding manner. It wasn't that bad, there were limited numbers of certain axies, and the only way to make it was breeding, which meant that you get to spend your earnings if you want to breed and have more, which meant that the token supply didn't go that high.

But that unfortunate hacking made people not continue with the game and just completely withdraw, meaning nobody breed, and the few who did couldn't find any players to sell to, which dropped the prices and of course everything went to hell after that. Hacking and hackers are the number one trouble in the crypto world, they always ruin everything that is fun.

Your right mate, it's literally pokemon from its game play and the entire idea, and really liked how you could bread characters or axies and create entirely new axies in the game and it also had an in game marketplace and economic where users could buy and sell those nfts within themselves, you could also build kingdom for your axis and everything in the game literally cost money, a plot of virtual land in the game was priced about 2.3 million dollars, the game even peaked to having over millions of users and most Philippines adopted the game as a secondary source of income.

Hacking has always been a major enemy of the crypto world and cost this growing game to crash, in just few weeks or days after the hack their secondary token crashed to 99% low of its last ATH, items that were worth over 300$ were now valued at less that 20$, players lost a lot of efforts in breeding and hording assets in the game, although there were able to compensate the loses of most individuals and users but the company couldn't survive the crash as players began to flee, they suffered a lose of users from 2.7 average daily players to 20000 daily players from 2021 amid the hack incident to 2023, now I guess very few persons might still be playing the game. A game that could generate more than 300 million dollars in just 2 mothers from July to August in 2021, showing how much a great potential it has.

[Mayor of ogba]

But at this time there is to much crap being created and to many collections of just some dumb shit etc

Just too much of it especially for NFTs
I've been thinking about what could be next highly  priced items
Maybe an Art of  the first commercial  transaction  that made btc well known till today.... The Pizza BTC art could  be made in a dynamic way  

In the future more painting and more artwork from Bitcoin will certainly come up and people will spend reasonable amount of money in just having it for themselves. The other day, kylian Mbappé spent a whooping sum of £520,000 for a painting of king pele of Brazil. https://www.getfootballnewsfrance.com/2024/kylian-mbappe-spends-e520000-on-a-painting-of-pele/
As time goes on, people will always spend good amount of money for something they have passion for or can identify their passion with. You and I can actually put up a nice painting of Bitcoin logo that can be eye capturing with all the aesthetics, and we decide to auction it online for people to bid for it, don't be surprised we will see somebody that will be ready to spend a fortune just to get that piece of artwork in his house.

It’s obvious people get attracted to what they love and want but I don’t see myself spending a huge amount buying what’s not valuable or what will not yield profit within a long period of time. Let’s just say wealthy people will buy without looking at the price tag or the value but we should not expect everyone to do same like buying a low value stuff with a huge amount of money.

Some people buy things without the aim of making profit from them; they just want to help those things gain adoption and also have value or gain more value. For instance, the person who bought the "buy bitcoin sign" for 1 million dollars has helped bitcoin gain adoption. For instance, when you see the news that someone bought a "buy bitcoin sign" for 1 million dollars, you will want to know the reason why someone used such a large amount of money to buy the "buy bitcoin sign." In the process of your research, you find out the problems bitcoin will solve in the world, and you will not want to be left out. Before you know it, you will start making plans to accumulate bitcoin. Some people also buy things that will not give them profit or have no value just to appreciate the creators of those things.

[Promocodeudo]

But at this time there is to much crap being created and to many collections of just some dumb shit etc

Just too much of it especially for NFTs
I've been thinking about what could be next highly  priced items
Maybe an Art of  the first commercial  transaction  that made btc well known till today.... The Pizza BTC art could  be made in a dynamic way  

In the future more painting and more artwork from Bitcoin will certainly come up and people will spend reasonable amount of money in just having it for themselves. The other day, kylian Mbappé spent a whooping sum of £520,000 for a painting of king pele of Brazil. https://www.getfootballnewsfrance.com/2024/kylian-mbappe-spends-e520000-on-a-painting-of-pele/
As time goes on, people will always spend good amount of money for something they have passion for or can identify their passion with. You and I can actually put up a nice painting of Bitcoin logo that can be eye capturing with all the aesthetics, and we decide to auction it online for people to bid for it, don't be surprised we will see somebody that will be ready to spend a fortune just to get that piece of artwork in his house.

It’s obvious people get attracted to what they love and want but I don’t see myself spending a huge amount buying what’s not valuable or what will not yield profit within a long period of time. Let’s just say wealthy people will buy without looking at the price tag or the value but we should not expect everyone to do same like buying a low value stuff with a huge amount of money.

Some people buy things without the aim of making profit from them; they just want to help those things gain adoption and also have value or gain more value. For instance, the person who bought the "buy bitcoin sign" for 1 million dollars has helped bitcoin gain adoption. For instance, when you see the news that someone bought a "buy bitcoin sign" for 1 million dollars, you will want to know the reason why someone used such a large amount of money to buy the "buy bitcoin sign." In the process of your research, you find out the problems bitcoin will solve in the world, and you will not want to be left out. Before you know it, you will start making plans to accumulate bitcoin. Some people also buy things that will not give them profit or have no value just to appreciate the creators of those things.

Yea, but I am sure that before people buy things they have visualize the future of the particular stuff they are purchasing to ascertain the possible value of such item, what I believe is that rich individuals always have a means of adding value to things, remember the Bitcoin whales are not the only people investing in Bitcoin but just because there presence is felt based on the quantity of Bitcoin the have in their possession, in the world today many rich people know that Bitcoin has dominated the digital market and I believe the purchase of the paper sign was for diversification, hence we know that speculation and some strong moves are the major factors that triggers investment may that's the reason for this kind of purchase, in conclusion, lets not be bothered about the money used to purchase this sign, our major concern should be the motive behind it.

[Dailyscript]

Yea, but I am sure that before people buy things they have visualize the future of the particular stuff they are purchasing to ascertain the possible value of such item, what I believe is that rich individuals always have a means of adding value to things, remember the Bitcoin whales are not the only people investing in Bitcoin but just because there presence is felt based on the quantity of Bitcoin the have in their possession, in the world today many rich people know that Bitcoin has dominated the digital market and I believe the purchase of the paper sign was for diversification, hence we know that speculation and some strong moves are the major factors that triggers investment may that's the reason for this kind of purchase, in conclusion, lets not be bothered about the money used to purchase this sign, our major concern should be the motive behind it.

There are people who are greater than the whales yet they cannot be noticed. Bitcoin whales are investors who want themselves to be recognized in the system. But trust there are investors investing though the ETFs and these people has invested billions or trillions into Bitcoin without making any online presence or be identified by Bitcoin detectives. The only way they can be noticed is when the  ETF snitches on them to the detective which is not a thing we see often. I believe that it is one of the advantages of investing in ETF because you can remain anonymous.

[justdimin]

Some people buy things without the aim of making profit from them; they just want to help those things gain adoption and also have value or gain more value. For instance, the person who bought the "buy bitcoin sign" for 1 million dollars has helped bitcoin gain adoption. For instance, when you see the news that someone bought a "buy bitcoin sign" for 1 million dollars, you will want to know the reason why someone used such a large amount of money to buy the "buy bitcoin sign." In the process of your research, you find out the problems bitcoin will solve in the world, and you will not want to be left out. Before you know it, you will start making plans to accumulate bitcoin. Some people also buy things that will not give them profit or have no value just to appreciate the creators of those things.

That's what the pizza guy said as well, they want to make it more famous, or basically get adopted, like make people realize that they can buy pizza with bitcoin so it is real money. What people do not understand is that, very few things in the world got bought with bitcoin before that pizza, it was something quite low in price and wasn't used much at all, it was a hobbyist thing and nothing more.

I believe that the best thing to do in this case would be just realizing that we are way ahead of everything else in this subject. Thanks to him, we have seen for the first time that bitcoin can be used to buy something tangible, like pizza. That really did help with growth of bitcoin without a doubt, it allowed people to see bitcoin in a different light.

[Zackz5000]

But at this time there is to much crap being created and to many collections of just some dumb shit etc

Just too much of it especially for NFTs
I've been thinking about what could be next highly  priced items
Maybe an Art of  the first commercial  transaction  that made btc well known till today.... The Pizza BTC art could  be made in a dynamic way  

In the future more painting and more artwork from Bitcoin will certainly come up and people will spend reasonable amount of money in just having it for themselves. The other day, kylian Mbappé spent a whooping sum of £520,000 for a painting of king pele of Brazil. https://www.getfootballnewsfrance.com/2024/kylian-mbappe-spends-e520000-on-a-painting-of-pele/
As time goes on, people will always spend good amount of money for something they have passion for or can identify their passion with. You and I can actually put up a nice painting of Bitcoin logo that can be eye capturing with all the aesthetics, and we decide to auction it online for people to bid for it, don't be surprised we will see somebody that will be ready to spend a fortune just to get that piece of artwork in his house.

It’s obvious people get attracted to what they love and want but I don’t see myself spending a huge amount buying what’s not valuable or what will not yield profit within a long period of time. Let’s just say wealthy people will buy without looking at the price tag or the value but we should not expect everyone to do same like buying a low value stuff with a huge amount of money.

Some people buy things without the aim of making profit from them; they just want to help those things gain adoption and also have value or gain more value. For instance, the person who bought the "buy bitcoin sign" for 1 million dollars has helped bitcoin gain adoption. For instance, when you see the news that someone bought a "buy bitcoin sign" for 1 million dollars, you will want to know the reason why someone used such a large amount of money to buy the "buy bitcoin sign." In the process of your research, you find out the problems bitcoin will solve in the world, and you will not want to be left out. Before you know it, you will start making plans to accumulate bitcoin. Some people also buy things that will not give them profit or have no value just to appreciate the creators of those things.

Yea, but I am sure that before people buy things they have visualize the future of the particular stuff they are purchasing to ascertain the possible value of such item, what I believe is that rich individuals always have a means of adding value to things, remember the Bitcoin whales are not the only people investing in Bitcoin but just because there presence is felt based on the quantity of Bitcoin the have in their possession, in the world today many rich people know that Bitcoin has dominated the digital market and I believe the purchase of the paper sign was for diversification, hence we know that speculation and some strong moves are the major factors that triggers investment may that's the reason for this kind of purchase, in conclusion, lets not be bothered about the money used to purchase this sign, our major concern should be the motive behind it.

Sometimes most rich men do things or buy expensive asset to oppress the poor ones, most of the them buy for the future for instance a land bought $1000 can amount to $10000 in time coming, sometimes time they buy things at high cost for fun. The way a rich man will invest in Bitcoin is not same way a poor man will invest a rich man can decide to invest aggressively, accumulating enough Bitcoin not minding the present price even if it very high  because they have other source of income that will help them not to sell out there Bitcoin hodling until it got to a centre price they will want it to get to in order to make enough profit from there Bitcoin investment.

[Justinapeter]

In terms of BTC I don’t think there is a lot of profit in the future

I will say it depends on how much amount of BTC or the quantity of Bitcoin and investor was able to stack or store for a Long period of time that will determine how much profit he could make . Bitcoin investment is best profitable in the future. When an investor don't have a good stash of Bitcoin in his portfolio even if he was able to hodl for long I think that is when the profit gotten with be enough. So most investor aim is to gather a good quantities of Bitcoin and hodl for longer period of time before thinking of taken the profit.

You are correct mate.
Bitcoin is as useful as gold or silver if not more valuable. Bitcoin is no longer the coin that we were hoping to get and become a global currency of the "people" so that we can decide on it. However it is still a great investment instrument for the millions here that try to make money off it.

In the future when people are having a portfolio that they will put their savings into there will be bitcoin at the side some where if you ask me, even the banks and investment firms will have an eye on bitcoin and when you are investing on that pharma company and insurance company you will put aside for some bitcoins as well on your portfolio. It will not be some "nerds money" or sorts and it will become more mainstream on investment world which it already began to be.
The future will be great for every Bitcoin holders and the same way people who had the opportunity to invest in Bitcoin 10 years ago and refuse are regretting now is same way people who are ignorant about Bitcoin  investment now will regret, the future is bright for Bitcoin holders.

[Churchillvv]

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But at some point there will maybe be very unique things with a value and purpose…

One thing I understand about NFTs/Arts and its value attached is that most of them do not necessarily have a good purpose but some totally depend of the personality who creates or markets them or stories behind the arts.

I'm thinking of what art can be attached with Satoshi or bitcoin history just as the image @Troytech brought up.

If someone like Satoshi had an image or something related it could be over priced as an NFT as time goes on or if bitcoin was first visualised on a paper it could be the next over priced thing or if he had a diary where he wrote the whole idea, such kind of thing could be a thing if it's in the market because it would bring a lot of story out of a single image or paper.

[CODE200]

Another crazy collectible

What do we think?

Can this ever be sold for more

So many sats for just 1

I'm with the dude that tweeted about how crazy it is, I mean what other significant value does it have besides being a collectible? I guess we can never understand how rich people think, maybe they think that they can make things work and get this going to get more value in the future. Totally agree with you about being a crazy collectible, this is in the same realm as any other NFTs out there, I don't see how people aren't seeing it that way. Imagine yourself being the owner of that 1 Satoshi, you're probably laughing your ass off right now because you would still be in disbelief that someone's going to pay that much for that, I mean I am too in disbelief and I think it's crazy even if I don't sold that Satoshi.

[Dailyscript]

One thing I understand about NFTs/Arts and its value attached is that most of them do not necessarily have a good purpose but some totally depend of the personality who creates or markets them or stories behind the arts.

I'm thinking of what art can be attached with Satoshi or bitcoin history just as the image @Troytech brought up.

If someone like Satoshi had an image or something related it could be over priced as an NFT as time goes on or if bitcoin was first visualised on a paper it could be the next over priced thing or if he had a diary where he wrote the whole idea, such kind of thing could be a thing if it's in the market because it would bring a lot of story out of a single image or paper.

I think your still saying the same thing. Personality and value. There are two ways on can attract value to something one is through marketing and the other is through ownership. And in terms of personality it has to do with claiming ownership of the NFT or Art. It is easier and stress free to add value to something through personality as you do not have to spend money on advert or any form of marketing. Just have a prove of ownership plus your status in the society and every one will be begging for your NFT and Art.

For instance an orphanage who is adopted by a wealthy foster parent. Automatically that orphanage is wealthy asf. Bearing the name of his foster parents give him immunity to public harassments, makes him popular and famous plus other benefits the foster parents have.

[dezoel]

it's literally pokemon from its game play and the entire idea, and really liked how you could bread characters or axies and create entirely new axies in the game and it also had an in game marketplace and economic where users could buy and sell those nfts within themselves, you could also build kingdom for your axis and everything in the game literally cost money, a plot of virtual land in the game was priced about 2.3 million dollars, the game even peaked to having over millions of users and most Philippines adopted the game as a secondary source of income.

Hacking has always been a major enemy of the crypto world and cost this growing game to crash, in just few weeks or days after the hack their secondary token crashed to 99% low of its last ATH, items that were worth over 300$ were now valued at less that 20$, players lost a lot of efforts in breeding and hording assets in the game, although there were able to compensate the loses of most individuals and users but the company couldn't survive the crash as players began to flee, they suffered a lose of users from 2.7 average daily players to 20000 daily players from 2021 amid the hack incident to 2023, now I guess very few persons might still be playing the game. A game that could generate more than 300 million dollars in just 2 mothers from July to August in 2021, showing how much a great potential it has.

The problem is that if you keep making decentralized projects, which is fine because nobody wants a centralized power to control anything, but decentralized also means that you need someone keep working to close the loopholes that hackers could use, and the risk will always be there.

I am not saying that you will never have any of them hacked, even if you work on it hackers will always try, there are millions of dollars there, so it will always be attacked, but if you have a decentralized one that teams do not work on and just collect cash, then you are going to get it hacked a lot easier. Axie got that, the team just loved the fact that they can retire wealthy now, and did not work on to make it more secure against attacks.

[Victorybit1]

Rich people really do not know how to spend their money, I mean why would you want to buy something like this? I get that it's bitcoin history, but it is not even that much of a big history of bitcoin at all. In fact, I would say that buying this for a million dollars is a bigger history of bitcoin then the paper itself, doesn't really make sense to me that it would be something this big and I would say anything more than one bitcoin is way too much for this.

I am not saying that I would pay that much, I know that it won't and the resell value of this is nothing, I am just saying even if I had billions, the most I would pay for this would be just one bitcoin and nothing more than that, it doesn't really make sense otherwise.

I agree with you that rich people spend money recklessly but we still have rich folks that channels their money/wealth wisely into meaning things,meaning things like investing on Projects that will create employments, Donating huge amount of money to the vulnerable/Charity homes,contribute immensely to community development.

The rich folk that splashes a million dollars on a piece of bitcoin paper might look like a reckless spender but you should also know that our ways of seeing things are different. I don't thing he would buy that piece paper if its not valuable,that piece of paper he bought can appreciate in values and can be sold in the future twice the amount it  was bought.

I disagree with you here! Many wealthy individuals are true investors, and they approach digital arts and collectibles as an investment. Depending on the wealthy individual, they see them as a way to diversify their investment portfolio beyond traditional assets and Bitcoin. In as much as there are potential in any investment, they belief digital assets have long term potential to appreciate. While some are them are naturally into arts entirely. Their passion for art drives them so crazy that they would search for digital art or local arts to buy it as they are rich. What am trying to say here is that people interest in digital arts and collectibles varies, and their reasons for buying them is best known to them. Some potential gains with time after they must have sold it while some for beautification and making their castle look expensive.

Hmm, well that's your own take but at the same time it's also a show of wealth, I mean rich fellows do this all the time and they feel its all just fun to actually do things that other won't and can't, that's why you would see some random dude who no one knows buy some shit ass stuffs for some crazy amount of figure just so they can't that big attention and boom the whole thing becomes a big talk, I could even say that it's used something to get some kind of recognition or something because you definitely can't have so filthy money and that money wouldn't speak for itself.