NFTs aren't just there yet

[JangoUnchained]

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

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[youdacapt]

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

At the moment; NFTs are making waves because they are your easiest route of going to the city (profits) or losing everything you have on crypto (losses). But then that is not enough reason to panic; there are different strategies involved when it comes to NFT trading, purchase and investment. Have you seen p2e NFTs before and the profits that come with them ? Please read more on NFTs, you will have more knowledge about them

[Ziskinberg]

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

Are these NFTs are reliable? Isn't hard to believe but these NFTs look like it losing their value and causing many issues.

But in the talk about APE yacht hacking incidents https://www.protocol.com/fintech/bored-ape-hack-nft. This will tell that the platform isn't totally secure or more likely lacks security that can easily be breached by hackers. Anticipation for this thing is supposedly been done before but it is likely not on their priority.

After a user clicks on a phishing link, how NFTs are stored becomes a critical question. If they’re kept in an internet-connected hot wallet, an option many prefer for its simplicity and the ease of trading assets kept online, the hacker can easily get access. Hot wallets can be standalone software applications, online accounts maintained by an exchange or even simple browser extensions like the popular MetaMask.

[cryptoaddictchie]

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what?

Their not they just being bullish on anything bayc devs doing that involves another potential nft. This is not a suprise given the profits they received from their ape nft and coins. Isnt this nft are for average joe who wanted to flip a common one since the market for these nft around their ecosystem is highly in demand.

[X-ray]

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what?

The hacked case happened caused by the ape's instagram got hacked and hackers are using it to spread the phishing and some ape owners were using that phishing link and they got stolen. People are not dense. When you remember a year ago the price was not so crazy like this time. You can imagine how much money that can be farmed when you onwned a few ape NFTs?
Remember ape token airdrop

This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

Ape is not getting hacked. The social media is.

[Victorik]

Am I the only one who do not have much interest in this NFTs. I am still yet to understand and comprehend exactly what it is. I don't just know why I don't like it. Anyway, I guess I have to follow the trend and not fight it.

[Daodex]

Am I the only one who do not have much interest in this NFTs. I am still yet to understand and comprehend exactly what it is. I don't just know why I don't like it. Anyway, I guess I have to follow the trend and not fight it.

I am against ART NFTs because they have no real use but I like gaming NFTs that you can import inside a game and play on, I will never spend thousands of dollars of pictures, also I won't spend too much on NFTs they are like ICOs right now, one day thinks will go side ways.

[DeathAngel]

I just think that NFT’s are this cycles version of last cycles ICO boom & bust. Let’s be honest, who wants to pay hundreds of thousands of $ for a stupid JPG image, it’s ridiculous. I think a lot of ballers were selling NFT’s to themselves to launder money but also increase the supposed worth of said NFT for the next potential sale. When you have celebs & influencers buying them for stupid money there is always the chance some other high net worth moron will follow them.

If I was you, I would be looking to invest in bitcoin & other leading alts. NFT’s are a passing phase, they have no utility & no future use case.

[passwordnow]

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

Well, we cannot stop people investing in NFTs. It also means that they've got a lot of money to begin with and only the wealthiest are investing on it because of their high prices.
AFAIK, there is because some incentives from these NFTs and they are not exempted with the market's volatility.
Whilst they have made a huge money on these NFTs, these people should be wiser around to buy bitcoin.

[Bitstar_coin]

The nft space is relatively young so it is normal for you to feel that way about it. Right now many of the nft projects are just for quick profit only, the space is very vulnerable to hackers just like defi use to get hack easily in the beginning.
Despite these hacks in the nft, big names from different organisations are getting involved, creating their own NFTs. So Investors will keep investing in nft because of the genuine ones from the reputable companies, there is nothing anyone can do to stop hackers.

[Ararbermas]

Am I the only one who do not have much interest in this NFTs. I am still yet to understand and comprehend exactly what it is. I don't just know why I don't like it. Anyway, I guess I have to follow the trend and not fight it.

better to stay away if i were you because tbh i know what is NFTs and the purposet, but guess what i don't have any nfts because it's like you are buying nothing and you don't even knows if there is someone who will like to buy it as well for higher price after 3 to 5 year for example because surely nfts nowadays will be left behind in the future because of some reason.

So its nonsense IMO, i mean perhaps when it comes short term it's good and useful, but for long term i think it's very skeptical if there's still a high demand after all.

[o48o]

...Ape is not getting hacked. The social media is.

While this is true, they really messed up by not keeping it secure. Obviously no one blinks an eye when official accounts posts a link. It wouldn't even occur to me that trend leader wouldn't have like 3x security measures on their social media.

[wxa7115]

I just think that NFT’s are this cycles version of last cycles ICO boom & bust. Let’s be honest, who wants to pay hundreds of thousands of $ for a stupid JPG image, it’s ridiculous. I think a lot of ballers were selling NFT’s to themselves to launder money but also increase the supposed worth of said NFT for the next potential sale. When you have celebs & influencers buying them for stupid money there is always the chance some other high net worth moron will follow them.

If I was you, I would be looking to invest in bitcoin & other leading alts. NFT’s are a passing phase, they have no utility & no future use case.

I think the same, how many people are actually buying NFTs because they like the art or whatever utility they get from them? I suppose it is a very small minority of people that are doing something like this.

The rest are either selling NFTs to themselves to try to make themselves seem as a successful artists, laundering money or wildly speculating with their savings, and when I take that into account then there is no way I would be willing to invest a single dollar in NFTs at the moment.

[Baofeng]

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

You can't blame them, I mean they have money to spend and they have the right to do it. It they got hack or stolen or something bad happens, then it will be an eye opener for them. And yet I don't think they will learn their lessons. Yes, there could be smart people here, but I think there could be set of investors that are still willing to play hundreds of thousands of dollars just to get on the latest NFT hype.

[serjent05]

I am against ART NFTs because they have no real use but I like gaming NFTs that you can import inside a game and play on,

I am neutral on this, anything that can give us profit is interesting (except for scams of course).

I will never spend thousands of dollars of pictures,

Same here, for me it makes no sense of spending thousands of dollars on a picture that is not even created by a known artist.

also I won't spend too much on NFTs they are like ICOs right now, one day thinks will go side ways.

Or possibly crash hard and become worthless because hype had faded away.

I just feel like NFTs aren't there yet, maybe they will some day.

Someday?  Maybe NFT had already been there(peak) and someday the hype will fade away and many will suffer a huge amount of losses.

[royalfestus]

Am I the only one who do not have much interest in this NFTs. I am still yet to understand and comprehend exactly what it is. I don't just know why I don't like it. Anyway, I guess I have to follow the trend and not fight it.

NFT makes money pump so easy but I dont know what makes it better than most ealier hype like Defi etc. I cant Defend the money laundering idea in NFT than many other platform. They are well overpriced product which cant be defended by anything, yet they get sold very fast. We have also seen how the process can still have a massive price irrespective of the envitronment

[dark1234]

NFT is currently becoming a very fast HYPE in various countries, it is not uncommon for us to find photos and paintings on display at OPENSEA which may have no purpose other than luck from those who like them.
i personally have never invested in an nft except for nft p2e games the reason is because i like to play games and there is an income

[abel1337]

Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

As far as I know their social media Instagram where the one who is hacked and the culprit used it to acquire BAYC nfts by scamming it's holders. Those hundred dollars gas fee aren't a problem compared to the profit you can earn in having those kind of NFT so we can't say people are dense. They are aiming for profit and those profit are very possible since the foundation of that project "BAYC" is solid. There are many projects that are trying to copy BAYC but not that much has been successful.                 

[sheenshane]

IMO, when there's a hype project (like NTFs) it's always prone to hack or project itself turn into a scam, that's why those NTF projects don't have a real concept were usually considered as scam.  I think only P2E games have a better concept on this NTF because they have a real use which is everyone has been tried through Axie Infinity which is everyone has profited already.

I also think that there are some NTF projects belong to the pump and dump price which is obviously a scam.

[Yogee]

..... Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.

That's alright if you feel that way. I also do not see much value in most NFTs yet or I think they are still sold at a price that are higher than what I think is their actual value. Just sit back and let the whales play the game for a while.