o48o
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May 15, 2021, 07:19:37 AM |
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It haven't even started. Problem with NFTs is that their current hype and use cases are just silly and eth is way too expensive to use. Also there are issues with privacy and legality of ownership and rights because those are still very much in a grey area. Once this hype or over-priced items settles down, we can see some actual growth and new use cases.
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tiaranft (OP)
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May 15, 2021, 07:25:40 AM |
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THE Same way Art business has been thieving. NFT are digital Arts and will trend for a long period. i think the better part of it is that it introduces new works into the blockchain. many designers can create new artworks and sell. the problem here is that there are so many artworks for sell while buyers are little. i think they need to broaden the NFT circle and accept content creators into NFTS. the market will accomodate more people.
If NFT hits the artist world, it's also a big market. The fans of the artists don't regret their money for their idols. As long as the amount of money poured into NFT is more, it will have more boom. As people get used to using the NFT platform, I think the cryptocurrency market is getting bigger. The top coins have even greater bounce, not just NFT's coins.
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tiaranft (OP)
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May 15, 2021, 07:32:35 AM |
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I know in some part NFT seems not necessary in human life for daily living. But because it is crypto trend NFT has the ability to be the next hype in crypto space because crypto is business and crypto is a place where businesses are here and whales are here. For me NFT will become more popular and maybe useful too in the future since this could be just a starting point to bloom NFT.
I agree with your point of view. Businesses accept NFT as just one way to issue corporate shares. The more popular NFT is, the more businesses grow.
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tiaranft (OP)
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May 15, 2021, 07:43:24 AM |
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It haven't even started. Problem with NFTs is that their current hype and use cases are just silly and eth is way too expensive to use. Also there are issues with privacy and legality of ownership and rights because those are still very much in a grey area. Once this hype or over-priced items settles down, we can see some actual growth and new use cases.
I think it will take a long time to apply it. Although the fee to set up on ERC721 is expensive, it is still well received. Thus, the potential for NFTs on BSC's platform is even greater.
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trauchot
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May 15, 2021, 08:00:38 AM |
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I believe that the NFT sphere is still very popular, since recently I see a lot of new cryptocurrency companies that are aimed at developing their technologies and capabilities in the NFT sphere, and recently a lot of NFT cryptocurrencies have grown in price to incredible heights and therefore I think that for now the NFT sphere is still popular, but of course everything can change at any time, so we always need to carefully invest in any cryptocurrency and also we always need check the cryptocurrency market.
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Bilgent
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May 15, 2021, 08:24:52 AM |
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NFT market is still too hot I think. I've heard that Ebay has brought NFT system to its website days ago and also heard that Binance is also up to doing such thing. I can't even imagine how much these things can boost the NFT market again.
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todiefor17
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May 15, 2021, 10:26:13 AM |
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When the market starts to move sideways, the capitalization will flow from the old cryptos that have been pumped into the new ones in DEFI and NFT. After pumping DEFI, the NFT will complete the money flow to Bitcoin. Money flows are still in the crypto market so they will move from one crypto to another. NFTs have been accumulating for the last two months so I believe they will soon wake up and move above the price axis. NFTs are still holding a lot of interest from the market so they will soon increase in price.
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o48o
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May 15, 2021, 10:31:33 AM |
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It haven't even started. Problem with NFTs is that their current hype and use cases are just silly and eth is way too expensive to use. Also there are issues with privacy and legality of ownership and rights because those are still very much in a grey area. Once this hype or over-priced items settles down, we can see some actual growth and new use cases.
I think it will take a long time to apply it. Although the fee to set up on ERC721 is expensive, it is still well received. Thus, the potential for NFTs on BSC's platform is even greater. It might be popular chain or a while but it's more centralized as well and i wouldn't be suprised if there's a lesson coming for people about centralized systems and why we want to move to as decentralized models as possible If NFT hits the artist world, it's also a big market. The fans of the artists don't regret their money for their idols. As long as the amount of money poured into NFT is more, it will have more boom. As people get used to using the NFT platform, I think the cryptocurrency market is getting bigger. The top coins have even greater bounce, not just NFT's coins.
It already has taken the art world. I have nft related twitter account and like 95% of my followers are different kinds of artists trying to make it with NFT to the point that most of them don't seem to realize that art is just one side of it. I don't think that they see the use case possibilities or care about them. They are just in here trying to make a living.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Yudhisthir
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May 15, 2021, 10:34:53 AM |
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NFT highlighted another good use case of blockchain. It was not a new thing but has not been used and talked about mainstream while the NFT hype made it know to everyone. Like any other hypes, NFTs were followed by scams and scammers and was defamed by some media but it would overcome this situation and remain as an important aspect of blockchain and cryptocurrency. Good NFTs would stay.
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EmmaGod
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May 15, 2021, 12:05:31 PM |
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It's been a while since NFT stopped trending. There was a time we were hearing about NFT projects making rounds, but it feels like meme coin has taken the attention of everyone. Dogecoin and shibu inu has the floor for now, but I know it won't be for long as there's really nothing that they have to offer the industry.
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brooksby
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May 15, 2021, 12:11:36 PM |
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It haven't even started. Problem with NFTs is that their current hype and use cases are just silly and eth is way too expensive to use. Also there are issues with privacy and legality of ownership and rights because those are still very much in a grey area. Once this hype or over-priced items settles down, we can see some actual growth and new use cases.
Yep, but use cases will change for the better and yes, the dust will settle as for the grey areas. Could indeed take a couple of years, much like it was for Bitcoin in 2015. Also took a couple of years until institutions also made their way to integrate it as a viable asset for whatever they are using it.
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Cvetik56
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May 15, 2021, 12:33:13 PM |
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NFT is going to stay hot for a while if not forever. It's really good way for artists to make money out of their works.
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danherbias07
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May 15, 2021, 12:58:50 PM |
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Magma hot. I am actually considering to try one game that needs to buy something (NFT) before you could play the game. Yes, I won't say the name or else I will be branded a shiller again. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Some say it's a good investment and you will earn more than what you paid for in the long run. I just have doubts since it had been running for too long and I might be too late to ride the boat. But friends are urging me to do it as early as I could, which means now.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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larus
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May 15, 2021, 01:04:58 PM |
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Hopefuly, the main NFT hype is ended. Maybe people will soon understand that real cost of pixels is zero
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tiaranft (OP)
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May 15, 2021, 01:55:26 PM |
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I believe that the NFT sphere is still very popular, since recently I see a lot of new cryptocurrency companies that are aimed at developing their technologies and capabilities in the NFT sphere, and recently a lot of NFT cryptocurrencies have grown in price to incredible heights and therefore I think that for now the NFT sphere is still popular, but of course everything can change at any time, so we always need to carefully invest in any cryptocurrency and also we always need check the cryptocurrency market.
I love participating in coins that have their ecosystem. If a coin of NFT has an ecosystem that matches the trend, it is worth learning and investing.
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tiaranft (OP)
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May 15, 2021, 02:06:23 PM |
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NFT market is still too hot I think. I've heard that Ebay has brought NFT system to its website days ago and also heard that Binance is also up to doing such thing. I can't even imagine how much these things can boost the NFT market again.
The fact that artists are also responding to NFT shows its potential. CZ also said that they will focus on NFT by launching an exchange in June. There must be something new that makes them so excited and invested.
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tiaranft (OP)
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May 15, 2021, 02:21:28 PM |
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When the market starts to move sideways, the capitalization will flow from the old cryptos that have been pumped into the new ones in DEFI and NFT. After pumping DEFI, the NFT will complete the money flow to Bitcoin. Money flows are still in the crypto market so they will move from one crypto to another. NFTs have been accumulating for the last two months so I believe they will soon wake up and move above the price axis. NFTs are still holding a lot of interest from the market so they will soon increase in price.
I'm looking forward to its return this June. Surely Binance will make the NFT wave hot again when they launch their own exchange.
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tiaranft (OP)
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May 15, 2021, 02:37:50 PM |
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It haven't even started. Problem with NFTs is that their current hype and use cases are just silly and eth is way too expensive to use. Also there are issues with privacy and legality of ownership and rights because those are still very much in a grey area. Once this hype or over-priced items settles down, we can see some actual growth and new use cases.
I think it will take a long time to apply it. Although the fee to set up on ERC721 is expensive, it is still well received. Thus, the potential for NFTs on BSC's platform is even greater. It might be popular chain or a while but it's more centralized as well and i wouldn't be suprised if there's a lesson coming for people about centralized systems and why we want to move to as decentralized models as possible If NFT hits the artist world, it's also a big market. The fans of the artists don't regret their money for their idols. As long as the amount of money poured into NFT is more, it will have more boom. As people get used to using the NFT platform, I think the cryptocurrency market is getting bigger. The top coins have even greater bounce, not just NFT's coins.
It already has taken the art world. I have nft related twitter account and like 95% of my followers are different kinds of artists trying to make it with NFT to the point that most of them don't seem to realize that art is just one side of it. I don't think that they see the use case possibilities or care about them. They are just in here trying to make a living. I see we do everything for the sake of trying to make a living. But their participation is also a a good point. They have many fans, and when their fans join, crypto and nft will come closer to our lives. We are one of the pioneers.
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adzino
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May 15, 2021, 02:49:06 PM |
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I have been following NFT for a while and have noticed that the emergence of some animal coins has disrupted the market. Will the market be more stable in June?
What the hell is an Animal coin? Lol it's the second time I am hearing about this on this forum. Are you guys talking about meme coins like Doge coin and the newer Shiba Inu coin? Stop calling them animal coins. And I don't think they have anything to do with NFTs (but memes do sell real good in NFT market. I have seen people selling meme for hundred thousands of dollars. Insane!). It's no longer hot like it used to be. The trend/hype seems to be dying eventually. Don't hear about them much anymore.
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watergold
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May 15, 2021, 03:04:45 PM |
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I think on this NFT trend has End becouse from two Month i don’t heard anything more about Non Fungible token also not come any Hot news about NFT on crypto Market but now Meme Coin is more Trending topic on the market. Now it is time of Memecoin.
In my opinion, the current NFT is based on a symbol of appreciation for artwork, and authenticity is still difficult to distinguish. I say that because there are several projects that are making art-based NFT exchanges with certain crypto. so NFT holders don't know in detail what to do with the NFTs they buy from crypto exchanges. many also say they will be sold at auction shows, but their alibis are effective enough to trick interested people / investors / buyers. and go by all means eliminating traces. So how can we be an alternative as crypto users who can differentiate value-based and marketable NFT or just manipulated displays that seem valuable, but can be found on multiple internet channels.
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