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Author Topic: Is the Metaverse a bubble?  (Read 1308 times)
Kelvinid
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December 30, 2021, 10:37:14 PM
 #21

When basic technologies such as AR and VR are not yet mature, are all the metaverse projects in the market a bubble?

Can $SAND $MANA still be invested?

If anything, Metaverse isn't a bubble at least not right now because plenty of work has gone into the Metaverse industry for a while now whether crypto or traditional Metaverse projects. While it hasn't gotten anywhere close to perfect yet, there's still a lot of promises for both VR, AR and even MR.

We're still at the early stages with Metaverse in crypto. I feel this trend will stay relevant for as long as possible considering Metaverse is considered the future of technology which is why top firms like Facebook are going balls deep into the space.
Well, it is just to hope that it was firm as it is. We may consider this as another blockchain development and think that other platforms will create after this. Nothing will last forever, this is what I take but at least we're given such an opportunity to make money from them. It is too early to make such a conclusion but I do believe that that will give us the benefit and so the developers to make money as well.

As we are in this early stage, we all become hopeful to see it succeed but not to give 100% that everything will work fine.
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December 30, 2021, 10:53:00 PM
 #22

When basic technologies such as AR and VR are not yet mature,
That's need the time to make it becomes more mature and it can also be developed while so many projects are using it and why are you feeling skeptism about that? It seems like that AR becomes even better right now. I see that some crypto projects were using this rather than VR

are all the metaverse projects in the market a bubble?
All of cryptos are bubble and there was no exception for some project that didn't a bubble. In cryptos it's always related to the prediction and speculation. That means if whole of cryptos are bubble. Metaverse tokens as well.

Can $SAND $MANA still be invested?
Both can but valuation were too big to be considered as a golden opportunity. It's better fo search for the new gems in the market that will give you huge chance to grow up your money easily rather than investing in the big marketcap coin or tokens. This will give you less ROI compared when you're investing in the low marketcap coin aka hidden gem.

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December 30, 2021, 10:58:40 PM
 #23

When basic technologies such as AR and VR are not yet mature, are all the metaverse projects in the market a bubble?

I think that market will stay but some projects entering the Metaverse could blow up after the hype. Those fundamentally sound will stay. It's the same with every trend where you see some good apples but more bad ones.


It is recommended to pay attention to some low-value projects, such as metabasenet.work, the key to the Metaverse.
You could at least add a disclaimer or some warning when you recommend new but higher risk projects.
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December 30, 2021, 11:13:19 PM
 #24

Dont forget most of these coin have no actual use case right now so basically valuation can be either extremely high or low but I think something like sandbox with so many other platforms building ontop them it kinda makes them actually valuable and more open to wide range of users if it can get users like axie but that pure speculation so I will keep a close eye and if its going down well for them then why not hop on and ride the train For mana I dont know much about its virtual space

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December 30, 2021, 11:59:46 PM
 #25

Like any other new technology, we will see new projects popping up left and right especially in the cryptocurrency space. So it is not a big surprise that all the new projects are related to NFT and the metaverse and for most part it can be called a bubble if there is no use case and some of the projects are still using the ETH network and users are tired of spending huge fees.

In the end a few projects will survive the test of time while others will fade off eventually like we always see in the market.
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December 31, 2021, 01:46:22 AM
 #26

Metaverse is a project of the future, currently the two most prominent are sandbox and mana..
Metaverse is currently being designed by the big company META.
just see what happens in the future.
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December 31, 2021, 03:41:35 AM
 #27

Everything here in crypto world is a bubble because there are some greedy people who used to dump big amount when they see a lot of profits wherein  common reason of rug pull.. If metaverse skyrocketed for after months it will end up like what happened to those projects that making hypes and suddenly stuck from the very low level. Just saying because that's what always happen indeed

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December 31, 2021, 05:07:06 AM
 #28

When basic technologies such as AR and VR are not yet mature, are all the metaverse projects in the market a bubble?

Can $SAND $MANA still be invested?
You can still invest in both SAND and MANA if you want, but you need to check when you can buy the coins because the price has already increased.
The technology of AR and VR still need to research and develop but it could be a bubble that can blow at any time so if you want to invest in that project, you need to explore furthermore.
But I suggest you invest in the other project that already has a history to analyze the trend and the movement and know what to decide.
Maybe Metaverse needs more time to grow but the project will offer you many things so you need to be careful.

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December 31, 2021, 05:08:08 AM
 #29

All metaverse projects are not fully functional yet and it's accepted but that can be what we will ever see about metaverse I don't think metaverse hype will live through 2022 this could be the end of it already but all eye is on Facebook meta, let's see what happens
The crypto sector specifically the altcoins are run on hype. Every year they need something new otherwise they cant get their cheap thrills from making quick profits. Hence they prey on the media buzz trends and begin creating vaporware based on them. Same here and therefore it becomes a bubble. Recall that Satoshi never wanted people to buy bitcoin and therefore it never became a bubble unless investors went in with inorganic buy/sell.

Now if you getting a good profit by holding those coins, by all means make the profit and exit. Dont be on the notion that if you hold then you get a much bigger return - No, that is not how the altcoins work. They work on hype and they die with the loss of hype. Hence be quick to enter and exit.

It does become a frustrating rat-race which I not my thing and I prefer to stay away, but if you ask me, there is potential to profit from the hype trend and an equal potential lose money too.

 
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December 31, 2021, 05:11:16 AM
 #30

Could be. We can't know it yet. That's the thing with the bubbles. You can't know it unless they pop. They say stocks are in a bubble too but the same people can't short it. If they are so sure about it, why don't they advantage of the situation?

I wouldn't invest or play with metaverse because it doesn't interest me but it will surely attract some people. In the long run nobody knows what will happen.

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December 31, 2021, 07:43:59 AM
 #31

If VR technology can work till this day then Metaverse can survive as well, to experience metaverse with ease I believe there will be some kinda headset just like VR technology but now things aren't 100% up and running so metaverse still need time but I'm sure this tech will work with ease

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December 31, 2021, 09:14:21 AM
 #32

Personally, I don't think it's going to be a bubble. Not when you have companies like Facebook involved. I think the "metaverse" will be the future of social networking and gaming. With that will come other things like growth in NFTs..etc. For instance, one day getting on Facebook might not be just logging in from your computer to a home screen, but logging into something that looks like a virtual world where your character might work a virtual job and have virtual NFTs hanging in their virtual house. Depending on the technology, I think the Metaverse has the ability to be its own alternate world where we will each have characters (that we've designed to look like us, or who we want to be) and when people experience that I think it will become just as big as xbox, playstation and other forms of gaming.

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December 31, 2021, 09:18:41 AM
 #33

I think so, Metaverse is a trend and we should follow the trend so that we can get profit, it is crazy that 1 square meter costs more than $100 million and I believe trends and developments will always change.

Thank you
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December 31, 2021, 12:19:13 PM
 #34

I think so, Metaverse is a trend and we should follow the trend so that we can get profit, it is crazy that 1 square meter costs more than $100 million and I believe trends and developments will always change.

Every trend that comes up always gives interest and enthusiasm from crypto users, including the Metaverse trend. because through Metaverse everything is done as if it were real. whether when trading or when used while playing
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December 31, 2021, 01:36:08 PM
 #35

The Metaverse hype came out just because of the announcement of Mark Zuckerberg regarding re-branding of Facebook into Meta in the future.
Well, coins like Decentraland and Sandbox really pumped because of this hype but TBH this is far from being fully functional.

Right now, it isn't a bubble at least for me and for some out there and I don't think that it will be. Its just hyped and this hype will slowly decrease until nobody will ever know about metaverse again or maybe when Facebook will change its name into Meta. As for me, I will not invest into coins related to Metaverses though its a good concept and a good thing.

 
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December 31, 2021, 03:24:41 PM
 #36

I am not sure if metaverse is a bubble or not because it is in a very early stage. Just like bitcoin the famous coins of metaverse like SAND and MANA have recently pumped up a lot.
Many people are thinking that the price has pumped very much and it might be a bubble but we have seen BTC rise from less than $1 to $69000.
So we can't really say if it is a bubble or not and at least not for the next few years.

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December 31, 2021, 03:42:46 PM
 #37

Very early stage is all I can say about metaverse right now and still we all hyped it and make money out of metaverse hype, that's not even the problem but on the long term the word metaverse might erase from the surface of earth and something new and fresh might take over, this isn't guaranteed I'm just saying, it's why I don't like hyping something that's half baked ( unfinished utilities ).

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December 31, 2021, 09:16:48 PM
 #38

When basic technologies such as AR and VR are not yet mature, are all the metaverse projects in the market a bubble?

Can $SAND $MANA still be invested?
This means you are already early to be investing in those projects. When AR and VR becomes a mainstream, then you are already late. If you think all these projects have a future, then invest. It might be a bubble right now, but it might not be if these project actually succeed. Right now they are all going up because of the meta hype that was created to facebook announcing the metaverse thing. Both SAND and MANA went up a lot after the announcement. Do your own research. If you have some spare money lying around that you can afford to lose, then why not try it?

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December 31, 2021, 09:29:06 PM
 #39

Very early stage is all I can say about metaverse right now and still we all hyped it and make money out of metaverse hype, that's not even the problem but on the long term the word metaverse might erase from the surface of earth and something new and fresh might take over, this isn't guaranteed I'm just saying, it's why I don't like hyping something that's half baked ( unfinished utilities ).

I will go with you on this! Watching from a side metaverse is only in the early stages and it's already being hyped... but in the end, it's all about some ideas and what metaverse can do, and I didn't catch any of that, as you are saying, it's a half baked idea if it's even a half... it just started baking!
I guess time will tell what will happen, I am still a bit suspicious and I didn't make any investments! Who knows, maybe I will change my mind when I see something concrete!

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January 01, 2022, 07:42:48 AM
 #40

I think meta will be a virtual world that rules the world, maybe now only gamers can play the metaverse by connecting other people to the virtual world and in the next few years all elements of people will be connected to each other. metaverse is better than Instagram, Facebook and others. I'm sure liking or disliking the metaverse will be a must for everyone.

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