Is this the end for NFTs?

[Wawa2013]

Hate to say it but no, it's not the end. Some idiots bought back their stolen Apes, so clearly they will still be ready to pour money into NFTs.

I did say for an entire year the bubble will burst and it already probably has, but we've got to understand ICOs never really went away, they just revived under different modus and different names.

Same shit's happening or will happen for NFTs.

Yes mate, Until there are some investors that wanted to shill for any projects that they wanted to blow up? then there will still movement like this so NFT will still progress this year and the next.

But hope that people now will be aware for what to come , because the chance of being Loser is there more than winning if you invest in legit and working currencies .

As long as there are supporters, NFT will always be there and survive, so NFT isn't over yet and maybe the hype will return in the near future.
Moreover, NFT is a relatively new trend in the crypto world, so before there was a replacement trend, NFT was still in demand. What is certain is
that we must be careful if the NFT hype returns, don't let us become FOMO and invest in the wrong projects. In the crypto world everything is risky,
so always do your research and analysis before making a decision, so that we do not choose the wrong projects for investment. We should not
be easily influenced by others, because sometimes other people promote projects just for their own sake. So make sure we make decisions based on
the results of our own research and analysis, because only we know what is best for ourselves.

[SirLancelot]

NFT was the talk of 2021. Now if we look at floor prices for all popular collections https://www.coingecko.com/en/nft other than BAYC there is nothing that performs well.
Cryptopunks are down big. Same for azuki, moonbird, coolcats. Collectors are now looking for good fundamentals, but how can NFT give it? Discuss?

Now this is what we are talking about the longevity of these so called nft's. If only those nft investors believe on us that nft's are only there for the hypes they wouldn't lose like what they are experiencing now but their heads are just hard so they deserve it. They should learn their lessons by now and won't rush to invest on the new stuffs that they see next time.

On the other hand, bayc nft's are so strong even before and they won't easily died down because they are backed by billionaires, add in that they released their own native coin called recently called ape coin. That is one of the reasons why they need to support the project to make it stay relevant on the game.

[Cling18]

NFT was the talk of 2021. Now if we look at floor prices for all popular collections https://www.coingecko.com/en/nft other than BAYC there is nothing that performs well.
Cryptopunks are down big. Same for azuki, moonbird, coolcats. Collectors are now looking for good fundamentals, but how can NFT give it? Discuss?

It's not over for NFTs yet, in fact, they're still in the beginning phase. It's just that the market is in a bearish season and even top coins are affected. There are still lots of NFT supporters and investors who are waiting for the market to recover. The whole market isn't in good status so NFTs couldn't strike well. Let's just see how they would recover or boom when the situation gets better.

[slaman29]

Hate to say it but no, it's not the end. Some idiots bought back their stolen Apes, so clearly they will still be ready to pour money into NFTs.

I did say for an entire year the bubble will burst and it already probably has, but we've got to understand ICOs never really went away, they just revived under different modus and different names.

Same shit's happening or will happen for NFTs.

Yes mate, Until there are some investors that wanted to shill for any projects that they wanted to blow up? then there will still movement like this so NFT will still progress this year and the next.

But hope that people now will be aware for what to come , because the chance of being Loser is there more than winning if you invest in legit and working currencies .

Not everyone is trying to shill to blow up a project though. Just like ICO days and right now, there are going to be SO many people becoming bagholders with a lot of life savings just tied up and down 80% or more.

So they're going to try and project an image of confidence to get even more people to buy to protect the slide.

People will be people, all looking for quick gains and it's so tempting now in this bear market.

[GreatArkansas]

NFT was the talk of 2021. Now if we look at floor prices for all popular collections https://www.coingecko.com/en/nft other than BAYC there is nothing that performs well.
Cryptopunks are down big. Same for azuki, moonbird, coolcats. Collectors are now looking for good fundamentals, but how can NFT give it? Discuss?

It's not over for NFTs yet, in fact, they're still in the beginning phase. It's just that the market is in a bearish season and even top coins are affected. There are still lots of NFT supporters and investors who are waiting for the market to recover. The whole market isn't in good status so NFTs couldn't strike well. Let's just see how they would recover or boom when the situation gets better.

It was just the wrong timing this time. If you take look at how much the cryptocurrency market lost a few days ago, it's too much, most of the projects that are cryptocurrency-related are losing too much.
So for me, even how quality our project is, NFT or non-NFT, you must suffer because of the market is dumping. This is how the bear market works.

[South Park]

NFT was the talk of 2021. Now if we look at floor prices for all popular collections https://www.coingecko.com/en/nft other than BAYC there is nothing that performs well.
Cryptopunks are down big. Same for azuki, moonbird, coolcats. Collectors are now looking for good fundamentals, but how can NFT give it? Discuss?

This was a disaster in the making for a long time, investors were putting their money in NFTs as if they were as good as bitcoin, and that is simply not the case, NFTs must never be held for the long term and at best you can speculate with them, however it can be argued that even that is not a good thing, since it is impossible to know the fair price of NFTs when their market is always going through a massive amount of manipulation, so I am not surprised that with the current drop we are experiencing things are not looking good for them.

[tygeade]

Not everyone is trying to shill to blow up a project though. Just like ICO days and right now, there are going to be SO many people becoming bagholders with a lot of life savings just tied up and down 80% or more.

So they're going to try and project an image of confidence to get even more people to buy to protect the slide.

People will be people, all looking for quick gains and it's so tempting now in this bear market.

Unfortunately that is the truth in all of the hyped projects in crypto. It could be like ICO, or DeFi, or whatever, they are all overhyped and that is why we are seeing it go down like this. However, if you invest into solid foundations and good fundamentals then you could make a profit, and that is how everyone should approach it. Like bitcoin is the king right?

So, when you invest into shiba for a token, or cryptopunks or ape whatever for nft, then you need to realize that it will not be as long lasting as bitcoin and you will be quite upset about it. It's fine, you can make mistakes and it's fine, but you need to just realize you made a mistake and never repeat it hopefully.

[examplens]

it all reminds me of 2017. Then we had a big ICO hype, and there were some great announcements, and opportunities but then everything broke down in a very short period of time. most of them have never recovered.
Now it seems to me that NFTs and various DeFi are going the same way. someone who made a good profit might now try to buy cheap, but that is only the way to a pure loss.

[el kaka22]

I am able to recall those times, it was definitely a weird period and I still cannot believe that we are not that far from it, just using other stuff for it. I understand that it is not going to be exactly the same, but all of these NFT and whatever comes next, started from the era of ICO because that was the first time people started to pay other people to create projects, that changed everything.

Nowadays it is normal, but before ICO that was a weird thing because we had decentralization. Today, it is such a normal thing to give your money to others just so they would create some new projects and that makes absolutely zero sense to me overall but got practiced to what is the trends of this crypto space for both knowledge and for making profits.

[bittick]

The trend is giving very big impact to the NFT hype. People care about their money because we are in a very difficult situation. You must also aware if the hype will not be last forever. I think that this may not become the end for the NFT but it need years for NFT to wake up agian from the bottom.
Bitcoin is making anyone scared to deal with the NFT project anymore. It cna be seen from the gradual decrease that happened with majority of NFT projects in the crypto market since this was a new experiment in the blockchain.

[btc78]

it all reminds me of 2017. Then we had a big ICO hype, and there were some great announcements, and opportunities but then everything broke down in a very short period of time. most of them have never recovered.
Now it seems to me that NFTs and various DeFi are going the same way. someone who made a good profit might now try to buy cheap, but that is only the way to a pure loss.

Yeah , its been 5 years now when ICO boomed, there are many who made really good money on those projects , but more are losers , Even me had been a victim of scam ICO when i was new here and I blame nothing but myself as i become greedy those days.

Now here is NFT and DEFI in which at 2021 really brings insignificant profit to others  but also losses to many ,

But what can this be in the following years? is something people must be aware of.

[slaman29]

People will be people, all looking for quick gains and it's so tempting now in this bear market.

Unfortunately that is the truth in all of the hyped projects in crypto. It could be like ICO, or DeFi, or whatever, they are all overhyped and that is why we are seeing it go down like this. However, if you invest into solid foundations and good fundamentals then you could make a profit, and that is how everyone should approach it. Like bitcoin is the king right?

So, when you invest into shiba for a token, or cryptopunks or ape whatever for nft, then you need to realize that it will not be as long lasting as bitcoin and you will be quite upset about it. It's fine, you can make mistakes and it's fine, but you need to just realize you made a mistake and never repeat it hopefully.

Bitcoin indeed is the king. Hold and use, because utility is what powers it right through the bear markets. Shitcoins/ICO etc I made my mistakes going for great ideas and POTENTIAL which is such a bad word for me now.

Utility is the only thing that matters. If people aren't using it, it's really not worth your time. NFTs and everything else are fads, no utility, just pure all out speculation.

[Lagduf]

It's not the end for NFT but NFT will be not so noisy like what it was a few months ago before bitcoin dumped so hard like this time. The price for for bored ape yacht NFT was falling so hard. This is telling us if NFT is also facing the same problem like another field when the bearish trend was coming. NFT will always still exist. I remember a few years ago when so many people called that defi will be dead but it's still exist till this time and so what's the differences?

[wxa7115]

Not everyone is trying to shill to blow up a project though. Just like ICO days and right now, there are going to be SO many people becoming bagholders with a lot of life savings just tied up and down 80% or more.

So they're going to try and project an image of confidence to get even more people to buy to protect the slide.

People will be people, all looking for quick gains and it's so tempting now in this bear market.

Unfortunately that is the truth in all of the hyped projects in crypto. It could be like ICO, or DeFi, or whatever, they are all overhyped and that is why we are seeing it go down like this. However, if you invest into solid foundations and good fundamentals then you could make a profit, and that is how everyone should approach it. Like bitcoin is the king right?

So, when you invest into shiba for a token, or cryptopunks or ape whatever for nft, then you need to realize that it will not be as long lasting as bitcoin and you will be quite upset about it. It's fine, you can make mistakes and it's fine, but you need to just realize you made a mistake and never repeat it hopefully.

We have seen this movie over and over again in this market with all kind of coins, so for people like us this is nothing new, which is why we are not very likely to fall victims of the hype being generated around a great deal of coins.

However this is something that those which are entering the market for the first time have yet to understand, which is why they get seduced by those projects and then when the hype disappears they suffer the crash of the market, and only then they begin to look for answers about what happened, and that is when they realize how much they deceived themselves and the fact there is no chance at all for them to recover their money.

[yhiaali3]

Not quite, I think that there is still a lot of good future ahead of NFT, it is not possible to judge well now on NFT because the market is generally bearish and this leads to a complete decline in crypto, including NFT of course, but given the strength that NFT has, I expect that it will last for a long time if Good regulation has been put in place for it and the chaos that has occurred due to lack of strict controls has been eliminated. There are many important services that NFT can provide in the future, so I expect great growth in the future.

[RockCryptoWorld]

NFTs is a never-ending story!
DEFI and web3 are the directions we all should choose now
Point Network does a great job by bringing decentralized future to our world
https://pointnetwork.io/

[adaseb]

Right now I would say it’s not a great time to invest in one. Price can tank a lot depending how the future holds. Obviously many coins and tokens and crypto projects are suffering right now. Besides ETH and BTC everything is risky to buy right now.

When the market recovers will there be a NFT market? I think so. However I don’t think it will be as big as before where celebrities were talking about it left or right. Most likely there will be some other type of hype out there.

[traderethereum]

It's not the end for NFT but NFT will be not so noisy like what it was a few months ago before bitcoin dumped so hard like this time. The price for for bored ape yacht NFT was falling so hard. This is telling us if NFT is also facing the same problem like another field when the bearish trend was coming. NFT will always still exist. I remember a few years ago when so many people called that defi will be dead but it's still exist till this time and so what's the differences?

We don't know what NFT will be like in the future because I don't think the NFT trend is over and it looks like it will continue.
Maybe the NFT trend has started to fade but that's also what happened in the crypto market so NFT is also going down.
Although there will be a new trend in the future that tries to replace NFT, it looks like NFT will continue to exist because its potential has not been explored further.
But for now, it's better to invest in bitcoin than NFT because we don't know what will happen with NFT.

[lienfaye]

NFT was the talk of 2021. Now if we look at floor prices for all popular collections https://www.coingecko.com/en/nft other than BAYC there is nothing that performs well.
Cryptopunks are down big. Same for azuki, moonbird, coolcats. Collectors are now looking for good fundamentals, but how can NFT give it? Discuss?

We are in bearish market, NFTs are not alone being affected in this season. Its not yet over for these projects but lets face the fact that the hype in NFTs were not the same as before. Those who have utilities can survive, otherwise it will be hard to recover. Just like the past hype (ICO for example) the popularity will fade and another trend will replace them. Some investors also prefer to take risk and ride on the current hype to earn quick. Thus its not surprising if NFTs are not what it used to be at this point.

[ven7net]

NFT was the talk of 2021. Now if we look at floor prices for all popular collections https://www.coingecko.com/en/nft other than BAYC there is nothing that performs well.
Cryptopunks are down big. Same for azuki, moonbird, coolcats. Collectors are now looking for good fundamentals, but how can NFT give it? Discuss?

I think the point is not in the NFTs themselves, but in the problems that have arisen in the world and in the market. I believe that now many investors, including those who have invested in NFT collections, are looking for a way to save their funds or even get into cash. This has always been the case when the markets go down. As for the NFT industry itself, I think it will continue to develop and, as you rightly noted, this requires new, more interesting ideas. For me personally, it would be better if NFTs were more tied to real assets or even businesses, goods and services, then probably NFTs could surprise many in the market and attract more attention from investors.