theokatis31 (OP)
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September 21, 2021, 09:45:10 PM |
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Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?
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livingfree
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September 21, 2021, 09:56:40 PM |
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Since it is a hype, there will be the time that it will start to lose that attention that everyone gives to it.
But while the popularity is there and you think that you can cope up and have your ROI, choose those projects that you think you'll like to invest.
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Johnyz
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September 21, 2021, 10:09:20 PM |
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NFT started back then with a low demand and still able to reach its peak last year and until now, so the hype is still here and there’s still many good NFT project though a lot are already declining, maybe because of the market condition and maybe because Bitcoin is down. Eventually, the hype will slowly fade away, this is very normal in crypto market so if there’s a chance to get profit grab it always.
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Yaunfitda
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September 21, 2021, 10:12:23 PM |
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Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?
You already said it, NFTs is a hype, a fad, and when something new comes to the crypto space then enthusiast will shift to the latest craze. You just have to look at history, ICO-STO-IEO and others. NFT"s might not die though, as there will be supporters of it, but the hype might die down a bit. In any case the best thing to do is to really take advantage of it, earn some money while it's hot and then move to the next. It will be a constant shift in this market. |
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Taskford
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September 21, 2021, 10:16:34 PM |
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Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?
NFT is great for innovating the gaming industry since it really makes beneficial to the gamers and also to the economy itself that's why I think this NFT craze will continue to prolong since there are products created and we can't deny that if we talk about games many will grab it since its really fun to play especially there's earning bonus on it. I'm talking about in gaming section since I don't know about the art but for sure we can see NFT became more successful over the years. But beware of scams many scammers use this again for their own benefits. |
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ryzaadit
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September 21, 2021, 10:39:15 PM |
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If you mean "NFTs" like CryptoPunk.
From my perspective, the price is looking so stupid. There too much insider trading, or buying their own NFTs to raise the price and make the floor price is high. If NFTs developer like supporting the ecosystem of project or really a legit artist don't really have any problem. The only problem, people now created pixel NFTs and hoping the price is high with stupid price.
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asriloni
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September 21, 2021, 10:50:24 PM |
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do you guys think the hype will keep going?
Yes, I do believe if the hype will be going on. This will be last forever as long as crypto will still exist and all of trends on crypto will be following it too. Since new NFT platforms appear every day.
It doesn't matter how many new platforms will appear everyday and the result will be the same if the stronger platform will still exist in the market. What are your thoughts?
In my opinion if any trend in the crypto will be last long and why? It caused by crypto based on the online transaction and it runs by bunch of parties to secure the network. Even the regulation will not prevent crypto to go even far than this time. The hype will stay forever. |
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travwill
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September 21, 2021, 11:01:05 PM |
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It doesn't look like the NFT hype is over.
Obviously, the market is not in the best condition right now, which affects the general purchasing power of people, but the NFT is a new trend, and more and more money will be poured into it with the recovery of the market.
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jambul_kribo
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September 21, 2021, 11:05:59 PM |
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Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?
it depend on what NFT project build , did they only build common projects such as NFT image and has no additional value on it? i see NFT project have hidden potency that could explore more not only as unique assets but could usefull in gaming projects and its will be going new trend in near future. we will see the new era in gaming industry which is gamers could earn money from game that played. i see alot project now build this concept and market positively accept it. |
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TimeTeller
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September 21, 2021, 11:12:55 PM |
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Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?
it depend on what NFT project build , did they only build common projects such as NFT image and has no additional value on it? i see NFT project have hidden potency that could explore more not only as unique assets but could usefull in gaming projects and its will be going new trend in near future. we will see the new era in gaming industry which is gamers could earn money from game that played. i see alot project now build this concept and market positively accept it. Not only in the gaming industry but also in the music/entertainment industry. Many singers or popular personalities are finding now that NFT collectibles are new ways how to get in touch with their fans. This will be a new lucrative market for them, and I think, this will go for years. Not only this year, but in the coming years as this is just starting in the entertainment scene. Even in sports industry, we've read that some popular athletes are now releasing their own NFT collectibles. |
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letyouearn
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September 21, 2021, 11:59:38 PM |
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Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going?
Since new NFT platforms appear every day.
What are your thoughts?
It reminds me ICO hype in 2017. Someday this will stop and the volumes will fall dramatically. But we still have some time to earn here  |
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wajik-tempe
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September 22, 2021, 01:12:33 AM |
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The dangers of NFTs is that you can mint and sell the NFT to yourself on a second account creating a fake market.  This method used by people who want to hide their wealth or someone who want to do a money laundrying. From the beginning of NFT sold for some ETHs i already think about this because it's really possible to someone sold their own NFT and buy it theirself for their own interest. There are the real thing sold with millions dollars, but also there are some fake price that bought millions dollars for other business. |
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kojektea
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September 22, 2021, 01:47:21 AM |
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I'm sure the Hype NFT lasted a long time, because before this we saw the concept of DeFi. DeFi also stuck with the trend for quite a long time. NFT is one of the great new concepts for film, gaming, art projects. But it can still be developed into many things. Let's see where the NFT trend goes.
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Fundamentals Of
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September 22, 2021, 03:27:15 AM |
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At this particular rate, it cannot be sustainable. Actually NFTs started a little slow at first. Only a few know it. But then it suddenly hit the limelight and after huge success was achieved by the likes of Axie Infinity, Beeple, etc all kinds of NFTs are inundating the market. With this, there will definitely be a lot of dead NFT projects after only a few months and years. Only the strongest and most popular ones will survive and continue to develop.
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JeffBrad12
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September 22, 2021, 07:10:01 AM |
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Im a long time in crypto and NFTs took over really fast.. do you guys think the hype will keep going? It will end as soon as possible and the chart was telling us the fact if the volume on the NFT market has been declined a lot https://cointelegraph.com/news/pundits-say-crashing-floor-prices-and-sell-volume-signal-that-the-nft-market-has-diedSince new NFT platforms appear every day.
Just because new platform was appearing everyday and it doesn't mean if the NFT platform will be hyped again. What are your thoughts?
NFT will stay with us like DEFI when the DEFI hype has gone but it will not be so big as it was a few months ago. People will be seeing it as a common thing. |
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big kid
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September 22, 2021, 10:42:33 AM |
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I think NFT is a great thing. But right now there are just people who makes money on hype, not on the art. These crypto-punks, monkey and etc. doesn't really worth a lot but since it's new people are buying, selling it and gaining big profit.
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Taskford
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September 22, 2021, 10:45:33 AM |
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The dangers of NFTs is that you can mint and sell the NFT to yourself on a second account creating a fake market. Indeed this is dangerous that's why we need to be careful on choosing projects so that we will not get victimized by scammers joining the hype of NFT's and we also make sure that we are dealing with big projects to make sure that we can possibly flip up and earn. But anyways I think its easy to spot this kind of act but for sure newbie will provably get trick unto this things so maybe they should consult veterans and ask about possible feedback they can get. |
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cheezcarls
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September 22, 2021, 11:30:54 AM |
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Eventually the NFT hype will die down in a few months from now, but I could be wrong. It all starts with NFT collectibles. They’re like digital arts stored and encrypted on the blockchain and gives proof to the real owner of that NFT art or collectible.
Then NFT expanded into various use cases like play to earn blockchain NFT games, music, virtual lands or real estate, etc. However, I would say that NFTs with special use cases rather than just being a collectible might be valuable in the long run.
For example, Blankos Block Party. Right now this game is under Season 0. If you have collected a limited edition of that super rare Blankos NFT with only 750 minted and had a lower issue number, you can auction that in the market at a ridiculously high price as more and more gamers are going to come in and getting that hands on your playable NFT. The same thing goes with the other ones out there. As this is a playable NFT, it will be valuable in the long run because of it’s special use case.
As for just simple NFT collectibles without special use cases? Well I could say that the trend would die down in a few months from now, maybe early next year.
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Reid
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September 22, 2021, 11:45:49 AM |
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I'll use this time to abuse them NFT's.  Well, that's what hypes are for. They come and go. All we can do is ride the wave and just pretend we are supporting them for a while. Then, when it's all done, we could go back to our normal lives and just wait for our other investments to succeed. Or, if there's a new hype before NFT slows down we could switch slowly and just let go of the damn collections. Will it last long? Yes. |
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Ararbermas
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September 22, 2021, 11:52:21 AM |
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NFT's is the most popular crypto base online games in the internet, because alot of people really see that there's a a lot of opportunity from it compared to some ways in the space wherein the risk is totally different,. that's why it's trending right now and making hype in the market especially when everytime there's a new emerging NFT project because of the features and of course the opportunity , so expect they will keep improving and there's more surprises in the future when it comes NFT's.
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