NFT ?? What do you think about it ? ? ?

[ultrloa]

honestly having NFT arts valued at millions seems like absurd idea even though i honestly really like the technology of NFTs but I think it's just like some kind of manipulation, right now the value of these NFTs are falling apart mainly because of the fact that these NFTs has shown it's rather low utility I guess but hey, at least they still got their NFTs arts even though the value has sink so significantly.
I'm more inclined with the idea of NFTs being taken advantage in gaming and authenticity of products than these NFT arts honestly, the technology is awesome honestly.

The price just bloated by the hype and feel sad for people who buy a art worth hundreds or millions of dollars since at the moment they cannot sell their asset at higher price or even at lower since most of the price of those NFT's drop so hard.

I like NFT's but I really so we hope in future we can really see its true potential since the idea is great but scammers ruin this.

[d3nz]

honestly having NFT arts valued at millions seems like absurd idea even though i honestly really like the technology of NFTs but I think it's just like some kind of manipulation, right now the value of these NFTs are falling apart mainly because of the fact that these NFTs has shown it's rather low utility I guess but hey, at least they still got their NFTs arts even though the value has sink so significantly.
I'm more inclined with the idea of NFTs being taken advantage in gaming and authenticity of products than these NFT arts honestly, the technology is awesome honestly.

The price just bloated by the hype and feel sad for people who buy a art worth hundreds or millions of dollars since at the moment they cannot sell their asset at higher price or even at lower since most of the price of those NFT's drop so hard.

I like NFT's but I really so we hope in future we can really see its true potential since the idea is great but scammers ruin this.

Yes, this is the sad part. NFTs today are worthless since a lot of scammers are joining in and tricking people which is the part it goes down, even though more celebrities are into this kind of art but it will not get hype again just like the last time.  NFTs are really worth it if you are really into art and not worrying about the fund you spend.

[o48o]

-cut-
The price just bloated by the hype and feel sad for people who buy a art worth hundreds or millions of dollars since at the moment they cannot sell their asset at higher price or even at lower since most of the price of those NFT's drop so hard.

I like NFT's but I really so we hope in future we can really see its true potential since the idea is great but scammers ruin this.

Then again there are those that have made money with it. Lots of the private sales and public mints still make 200% instant winnings. In fact i just participated to public mint and floor of that raised 140% in a day at the opensea. And that's a pretty common thing, just like in early days of altcoins, you can't win with every bet, however gambling by buying and selling NFTs is at least to me more profitable then trading altcoins. You just need to know what to look for.

[JeffBrad12]

with highly overly inflated valuation it's rather normal that eventually it will go back down again and very hard at that, after all every overvalued coins will always meet their demise at the end of the day and this assets is definitely one of them. Even though nft seems like a really good idea at the end of the day the valuation that it has was purely caused by speculation nothing more. It seems the only thing that could helps nft keeps its existency to this day is the supports from binance and other big platforms, they are the bane of nft existence since they've thrown millions and millions in nft projects that means they wasted money if it all failing. Most of NFTs will be ended as nothing. it can be seen from how many popular NFTs that were going down on its price floor.
I see that the future of NFT was just gimmick as it's not so useful as predicted by people before. So many scammers were also minting bunch of NFTs anytime.

[Mahanton]

honestly having NFT arts valued at millions seems like absurd idea even though i honestly really like the technology of NFTs but I think it's just like some kind of manipulation, right now the value of these NFTs are falling apart mainly because of the fact that these NFTs has shown it's rather low utility I guess but hey, at least they still got their NFTs arts even though the value has sink so significantly.
I'm more inclined with the idea of NFTs being taken advantage in gaming and authenticity of products than these NFT arts honestly, the technology is awesome honestly.

The price just bloated by the hype and feel sad for people who buy a art worth hundreds or millions of dollars since at the moment they cannot sell their asset at higher price or even at lower since most of the price of those NFT's drop so hard.

I like NFT's but I really so we hope in future we can really see its true potential since the idea is great but scammers ruin this.

Yes, this is the sad part. NFTs today are worthless since a lot of scammers are joining in and tricking people which is the part it goes down, even though more celebrities are into this kind of art but it will not get hype again just like the last time.  NFTs are really worth it if you are really into art and not worrying about the fund you spend.

When there's a new trend then expect that there would be lots who would really be jumping on the craze and would be making their own and ending up on scamming out those who had bought.At first impressions about
NFT which is particular talking about those crappy pixelated images then i dont really see its relevance but surprisingly there are people who do really tend to buy up with those craps and now that
the market had a bearish movement plus those hype is eventually gone then its not surprising on how bad the value had dropped which would be leaving those kind of whining and regretful words
out of those people who had invested which i should say that it is really a lesson learned for them not to make themselves easily get dragged off with the hype.

[|MINER|]

A few days ago I was thinking a lot after seeing many news rumors about nft. But after seeing the current situation I think NFT is not that kind of big thing and I also think that it will now be nothing but the preserve of rich people. Now In my personal opinion NFT is just a hype, and if you invest in it there is a possibility of loss in future.

[Silberman]

-cut-
The price just bloated by the hype and feel sad for people who buy a art worth hundreds or millions of dollars since at the moment they cannot sell their asset at higher price or even at lower since most of the price of those NFT's drop so hard.

I like NFT's but I really so we hope in future we can really see its true potential since the idea is great but scammers ruin this.

Then again there are those that have made money with it. Lots of the private sales and public mints still make 200% instant winnings. In fact i just participated to public mint and floor of that raised 140% in a day at the opensea. And that's a pretty common thing, just like in early days of altcoins, you can't win with every bet, however gambling by buying and selling NFTs is at least to me more profitable then trading altcoins. You just need to know what to look for.

It is undeniable that you can make profits with NFTs, but can you make more than what you can lose? Can you do this over and over again? And I suppose the answer for both of those questions for most investors is no, and since the NFT market is completely based on hype then it is almost impossible to make use of your knowledge or skills to give yourself an advantage over the rest of the investors, which is the reason why many think of NFT investing as pure gambling.

[oaz7t]

I think NFT's are going way away from the actual dedicated path of the society. I mean initially
though they were just pictures and images being transferred from one person to another there are now also becoming the real asset stuff. Even physical NFT's have started coming to the real world physical assets too. With the time they will be touch able assets. Don't know hologram based images to the real world NFT concert tickets. This thing can move to any direction in the future. Better keep our hands on few of them and not  miss the train.

[Wexnident]

It is undeniable that you can make profits with NFTs, but can you make more than what you can lose? Can you do this over and over again? And I suppose the answer for both of those questions for most investors is no, and since the NFT market is completely based on hype then it is almost impossible to make use of your knowledge or skills to give yourself an advantage over the rest of the investors, which is the reason why many think of NFT investing as pure gambling.

I actually wouldn't deny calling it a lottery at some point really. Not to mention at some levels the hype is realkly artificial afaik, rich people just pay more people to hype up the project, increasing the chances of whatever their minting to increase in price, even if temporary, and then profit. It's just dumb. You'd have to have a pretty big wallet to even afford entering it since losing and winning in it costs pretty big.

Friends, I also ask you to rate the first post, I also added a couple of NFTs there! It seems to me that some did not even know that such NFTs exist! I know and I'm surprised myself!

They're good, design-wise, but not worth the money I'd probably have to spend on. I might be a bit biased but I can probably pay artists on Twitter more and get a better return for what I paid.

[klidex]

with highly overly inflated valuation it's rather normal that eventually it will go back down again and very hard at that, after all every overvalued coins will always meet their demise at the end of the day and this assets is definitely one of them. Even though nft seems like a really good idea at the end of the day the valuation that it has was purely caused by speculation nothing more. It seems the only thing that could helps nft keeps its existency to this day is the supports from binance and other big platforms, they are the bane of nft existence since they've thrown millions and millions in nft projects that means they wasted money if it all failing. Most of NFTs will be ended as nothing. it can be seen from how many popular NFTs that were going down on its price floor.
I see that the future of NFT was just gimmick as it's not so useful as predicted by people before. So many scammers were also minting bunch of NFTs anytime.

That's right. For now and so on, I myself also don't believe in NFT. Maybe many investors don't believe in it anymore.
Because there is no longer a trend and many new NFT projects have sprung up that are just scammers and useless.
It is very different from a few years ago, we can still rely on NFT as a source of profit and it has been proven that many old NFT projects have experienced success with skyrocketing prices.
For now I am more inclined to trust more projects than Altcoins.

[o48o]

It is undeniable that you can make profits with NFTs, but can you make more than what you can lose? Can you do this over and over again? And I suppose the answer for both of those questions for most investors is no, and since the NFT market is completely based on hype then it is almost impossible to make use of your knowledge or skills to give yourself an advantage over the rest of the investors, which is the reason why many think of NFT investing as pure gambling.

Well you can replace word "NFT" with "Altcoins" on your text and same applies, in fact you can think collectables as altcoins with a serial number and picture attached to each one.
And losing or winning (in nfts and trading in general) depends on where you are at the market cycle and what you are investing to.

Sadly like altcoins, NFT collectables are a zero sum game based on the hype. You need more people to buy then then to sell them if you want price to grow, and as it can't grow infinite amount, eventually markets crash and lots of people will lose money. And like with altcoins, hype comes and goes, right now we are in the bear market but some nfts will eventually bounce back bigger then ever.

[shinratensei_]

Yes, this is the sad part. NFTs today are worthless since a lot of scammers are joining in and tricking people which is the part it goes down, even though more celebrities are into this kind of art but it will not get hype again just like the last time.  NFTs are really worth it if you are really into art and not worrying about the fund you spend.

even if your into art, I doubt you just gonna waste millions of money and then just seeing this turns into nothing, these NFT quite literally hast lost so much of volume that I don't think it's even worth it even if you really fancy arts, moreover the art in NFT usually isn't really art, I think it's more of famous trend that many is riding and at the end of the day it's sinking because the market is seeking for the bigger fool that gonna lose even bigger money.

[crwth]

If you are really into collections and getting more of a scarce material, I thought that it would be okay to get that type of NFT for me. It’s one of the things that you need to consider because it should be essential and has valuable things attached to it.

I feel like other people or members in this form are making it a trend, like some coins or ICO’s, or just the trend in general, where people are getting more and more of something

As long  as you are investing the money that you think you can lose, then I think it’s okay to get what you want.

[isaac_clarke22]

~

I mean with those digital images, any freelancing graphic designer could have done most of the "image" NFTs. For paintings, I would prefer getting the physical art itself rather than just the digital ones that could be sold in OpenSea. I read before that those bought "physical" paintings in NFTs that were digitalized are burned in regards of the purchase of the buyer (not sure if this was exactly what it said since I read it long time ago), but that does not make it any better than just buying it personally.

I even hear those NFTs being used in games as well.

[TimeTeller]

~

I mean with those digital images, any freelancing graphic designer could have done most of the "image" NFTs. For paintings, I would prefer getting the physical art itself rather than just the digital ones that could be sold in OpenSea. I read before that those bought "physical" paintings in NFTs that were digitalized are burned in regards of the purchase of the buyer (not sure if this was exactly what it said since I read it long time ago), but that does not make it any better than just buying it personally.

I even hear those NFTs being used in games as well.

Not all NFTs are worth buying, but I can agree that there are some valuable NFT creations.
If we browse in OpenSea, there are a lot of artworks that are expensive, and you will wonder why.
For buyers, I suggest, think of its possible future value. Don't just buy because it seems expensive today.
I believe, most of those artworks will be worthless in the future as no one wants to buy it anymore.
As you said, you would prefer a physical art as compared to digital art. Most people still see that it is worth buying a physical art.

[AakZaki]

I mean with those digital images, any freelancing graphic designer could have done most of the "image" NFTs. For paintings, I would prefer getting the physical art itself rather than just the digital ones that could be sold in OpenSea. I read before that those bought "physical" paintings in NFTs that were digitalized are burned in regards of the purchase of the buyer (not sure if this was exactly what it said since I read it long time ago), but that does not make it any better than just buying it personally.

I even hear those NFTs being used in games as well.

NFT in games is now widely used. even the prices are crazy when the NFT hype. But now let's see together, the decline in the NFT market is also quite crazy. I even have some NFTs that are pretty decently priced and haven't been able to sell them yet. Eventually, the NFT will just be a Digital display in my wallet. The NFT hype is over and those buying at the price just need to be patient.

[doomloop]

Yes, this is the sad part. NFTs today are worthless since a lot of scammers are joining in and tricking people which is the part it goes down, even though more celebrities are into this kind of art but it will not get hype again just like the last time.  NFTs are really worth it if you are really into art and not worrying about the fund you spend.

even if your into art, I doubt you just gonna waste millions of money and then just seeing this turns into nothing, these NFT quite literally hast lost so much of volume that I don't think it's even worth it even if you really fancy arts, moreover the art in NFT usually isn't really art, I think it's more of famous trend that many is riding and at the end of the day it's sinking because the market is seeking for the bigger fool that gonna lose even bigger money.

Not all NFTs are scams. There are still legit NFTs out there that we can invest in but if I am an art lover I think I will just buy the art which I can see and touch physically and not NFTs which are only digital. I can't see them right away but I still need to open a wallet or a website which I found a hassle.

A lot of NFTs lost so much volume but that is expected already because people are only driven by the hype in recent times but most of them have finally woken up from the truth that there are no real benefits from buying and holding an NFT. They can in fact lose money in the process because the demand for NFTs will only get lesser from time to time.

[bakasabo]

NFT is a huge swamp. doomloop, show me please something worth investing. I think only "Bored Ape Yacht Club» are the one who still keep high price, everything else, that used to be on hype have lost their value. I see no future for NFT as an instrument of investment. Even bear market with «discount prices» does not create NFT as a great investment. Imho, right now they are more like fun pictures, then something valuable. It was already said many times - NFT hype is gone.

[fuguebtc]

NFT is a huge swamp. doomloop, show me please something worth investing. I think only "Bored Ape Yacht Club» are the one who still keep high price, everything else, that used to be on hype have lost their value. I see no future for NFT as an instrument of investment. Even bear market with «discount prices» does not create NFT as a great investment. Imho, right now they are more like fun pictures, then something valuable. It was already said many times - NFT hype is gone.

If you're looking for a long-term investment, the NFT isn't a good fit, and you're asking which NFTs are valuable during bear season, which is unreasonable. Since even projects that people call potential are struggling, you can't ask for a potential NFT at this stage.

For me, the old NFT projects are almost dead, but the NFT trend is not dead or gone, they will come back when the bull season returns. And I'm here to make a profit, as long as something can be profitable, I won't take it lightly.

[o48o]

NFT is a huge swamp. doomloop, show me please something worth investing. I think only "Bored Ape Yacht Club» are the one who still keep high price, everything else, that used to be on hype have lost their value. I see no future for NFT as an instrument of investment. Even bear market with «discount prices» does not create NFT as a great investment. Imho, right now they are more like fun pictures, then something valuable. It was already said many times - NFT hype is gone.

That's weird way to put it, because you might as was say "show me something worth investing in altcoins". Because if you treat NFTs as one thing when it's actually huge amount of of projects, sure, most of them are garbage, but you might as well say that you don't see future in cryptocurrencies. Because also in those, 99% are not worth investing.

Same things apply. And if you are talking about real world use cases; aside from form of payment, most altcoins don't have those either.