NFT Speculation

[FanEagle]

There are a lot of opportunities in the NFT world that would have speculation and you could profit from that, but NFT has one situation you need to be extra careful about, which is the fact that it could make you lose a lot of money if it's owner made.

The owner could create some NFT's and then buy it themselves, which would make it look like it was sold for 200$ when in fact they are only paying the fees and nothing else, so you would be willing to pay 100-150 dollars thinking it's a discount and sell for 200+ later on, and you buy it and then they make the profit while you lose like crazy. This is why you are not entirely sure if its speculation or if it's something else, I rather be a lot certain and go with coins instead to make sure.

[1715551831]

1715551831

[1715551831]

1715551831

[bbc.reporter]

This is a head shaking comment from some of the holders of Bored Ape Yacht Club NFTs. Do they not know that there are not many people who could afford to buy NFTs that are more than 1 ETH? Bored Apes were worth 60 ETH per NFT before the dump and it is still very expensive at 30 ETH.

However, it is easier to blame someone or something else than making an unbiased assessment on what's happening around them. Asset prices cannot pump forever.



Bored Ape Yacht Club, the top-traded NFT collection, is trapped in a brutal bear market, and holders are blaming the recently launched Blur NFT marketplace.

The reason? Blur has incentivised NFT trading on its marketplace by promising a lucrative token airdrop for top users — free tokens that can be traded on secondary markets for value.

Now traders are playing hot potato with Bored Apes to pump up their activity on the marketplace.

Still, detractors say Blur is having a negative impact on the value of Bored Apes — that’s because traders don’t mind if they buy a Bored Ape and sell it at a loss.

Source https://www.dlnews.com/articles/markets/bored-ape-fans-blame-blur-for-falling-nft-prices/

[ahoenk]

This is a head shaking comment from some of the holders of Bored Ape Yacht Club NFTs. Do they not know that there are not many people who could afford to buy NFTs that are more than 1 ETH? Bored Apes were worth 60 ETH per NFT before the dump and it is still very expensive at 30 ETH.

However, it is easier to blame someone or something else than making an unbiased assessment on what's happening around them. Asset prices cannot pump forever.



Bored Ape Yacht Club, the top-traded NFT collection, is trapped in a brutal bear market, and holders are blaming the recently launched Blur NFT marketplace.

The reason? Blur has incentivised NFT trading on its marketplace by promising a lucrative token airdrop for top users — free tokens that can be traded on secondary markets for value.

Now traders are playing hot potato with Bored Apes to pump up their activity on the marketplace.

Still, detractors say Blur is having a negative impact on the value of Bored Apes — that’s because traders don’t mind if they buy a Bored Ape and sell it at a loss.

Source https://www.dlnews.com/articles/markets/bored-ape-fans-blame-blur-for-falling-nft-prices/

its their fault why they trust ape picture with their thousand of dollar. NFT should be used for fine art or any copywriting to proof it legal standing. not only ape picture which everybody can make it easily

[CapGelatik]

In the bearish season there's nothing we can do, especially for the NFT market, even now NFT is still not very popular anymore,
even some of the top NFT coins are still at the bottom price and haven't recovered yet, but don't be sad,
because this is a good thing for those who haven't bought NFT yet, because at this time buying NFT is really worth holding on to.

[bbc.reporter]

In the bearish season there's nothing we can do, especially for the NFT market, even now NFT is still not very popular anymore,
even some of the top NFT coins are still at the bottom price and haven't recovered yet, but don't be sad,
because this is a good thing for those who haven't bought NFT yet, because at this time buying NFT is really worth holding on to.

Agreed, however, it appears that the bear market for NFTs might be worse than the bear market for altcoins. There are also no assurances for a quick recovery because in altcoins and defi tokens, there are institutional investors who might find an argument to invest in them during a favorable market. But on NFTs, who will be the buyers? Each other?

[Amejoaquim]

In the bearish season there's nothing we can do, especially for the NFT market, even now NFT is still not very popular anymore,
even some of the top NFT coins are still at the bottom price and haven't recovered yet, but don't be sad,
because this is a good thing for those who haven't bought NFT yet, because at this time buying NFT is really worth holding on to.

Even when the price going up lately the price of nft still stuck and i don't think NFT is good for investing anymore.
Few years back i put some money to buy karma monkey, sold it at lost.
In this year i don't have any NFT anymore, already sold all of my nft investment into AI coins.

[nimogsm]

it looks like the trend in NFT is just passing. even take as an example the new blockchain of Sui 90% of NFTs that have released outright garbage on it and has no value. The other day they handed out, as it were, unique NFTs and it is not clear what they are for and what benefits they bring at the moment, there is a lot of uncertainty.

[SlimShadyMmp]

Hmmh NFTs I really am skeptical about those pieces of arts I mean the market liquidity of NFTs are quite low and is kinda of a pairing thing So if there is a good buyer then lucky you but sometimes it doesnt happen that way and you will need to set low asking price Maybe NFTs that represent real-word assets might make some moves so who knows

[JeffBrad12]

it looks like the trend in NFT is just passing. even take as an example the new blockchain of Sui 90% of NFTs that have released outright garbage on it and has no value. The other day they handed out, as it were, unique NFTs and it is not clear what they are for and what benefits they bring at the moment, there is a lot of uncertainty.

well sui has been known to have many failed projects emerging in their blockchain, maybe because the devs has already drained sui of their demands since their presale was so massive it raised so much money.
after that it went downhill, so can't really use these NFT released in sui as something to determine whether NFT is just passing trend.
but I think its true though, NFT right now just used for occasion like identifying airdrop receivers, and nothing more.
I consider that somewhat finally NFT finding its real use case not just some gimmick unlike before, maybe NFT arts that gets priced millions are just passing trend like you've said but honestly NFT itself is good technology.

[justdimin]

In the bearish season there's nothing we can do, especially for the NFT market, even now NFT is still not very popular anymore,
even some of the top NFT coins are still at the bottom price and haven't recovered yet, but don't be sad,
because this is a good thing for those who haven't bought NFT yet, because at this time buying NFT is really worth holding on to.

In the market as a whole yes but for a certain project and NFT's, I think we can still be able to manipulate them. It's already common even before especially to the NFT's. I wouldn't be surprised on why many NFT's are dumping lately.

It's not that we are still in a bear market but the hype of them are already over which means even the market returns to normal, the value of those NFT's are still going to be the same. I feel sorry for those who FOMO when NFT's are still hot and they also HODL it long term thinking it's like a typical crypto or much better than it. Oh well, as they say, regrets are always felt at the end so there they have it.

[AmoreJaz]

In the bearish season there's nothing we can do, especially for the NFT market, even now NFT is still not very popular anymore,
even some of the top NFT coins are still at the bottom price and haven't recovered yet, but don't be sad,
because this is a good thing for those who haven't bought NFT yet, because at this time buying NFT is really worth holding on to.

In the market as a whole yes but for a certain project and NFT's, I think we can still be able to manipulate them. It's already common even before especially to the NFT's. I wouldn't be surprised on why many NFT's are dumping lately.

It's not that we are still in a bear market but the hype of them are already over which means even the market returns to normal, the value of those NFT's are still going to be the same. I feel sorry for those who FOMO when NFT's are still hot and they also HODL it long term thinking it's like a typical crypto or much better than it. Oh well, as they say, regrets are always felt at the end so there they have it.

because let's admit the fact that most of them were launched just to ride the hype and no solid foundation to begin with. so when those people got tired of chasing the hype, they just abandoned the project after getting something out of it. this is why it is hard to trust new markets because you can't rely them to sustain their market for long-term. if you won't update yourself with what's happening, you can easily go broke if you don't get rid of what you bought.

[carlfebz2]

--snip--

its their fault why they trust ape picture with their thousand of dollar. NFT should be used for fine art or any copywriting to proof it legal standing. not only ape picture which everybody can make it easily

On the time that NFT hype was really that so high or very hot on which you would really be molding up those questions in mind on how the heck
these pixelated  pictures or those good looking images would really be having so much value? You would be saying into your self that people must be so crazy or they dont
really have that much proper thinking on how things should really be treating into. Its true that it would really be that so easy on making pictures and sell it out and
with those NFT hype then reaching up lots of million of dollars which is really that so having no sense.

[JeffBrad12]

--snip--

its their fault why they trust ape picture with their thousand of dollar. NFT should be used for fine art or any copywriting to proof it legal standing. not only ape picture which everybody can make it easily

On the time that NFT hype was really that so high or very hot on which you would really be molding up those questions in mind on how the heck
these pixelated  pictures or those good looking images would really be having so much value? You would be saying into your self that people must be so crazy or they dont
really have that much proper thinking on how things should really be treating into. Its true that it would really be that so easy on making pictures and sell it out and
with those NFT hype then reaching up lots of million of dollars which is really that so having no sense.

it was highly inflated bubble and I think the outcome was already expected since day 1 but people still go ahead anyway thinking they exit before bubble pops but unfortunately many didnt make it.
therefore I think these NFT arts will never regain their former value again even in the future honestly.
after all these are all actually some rather generic arts that can be created by quite literally anyone else just by simply hiring some good artist for hundred of bucks you get brand new NFT.
no need to pay millions for it which sounds ridiculous but its true.

[fullhdpixel]

it looks like the trend in NFT is just passing. even take as an example the new blockchain of Sui 90% of NFTs that have released outright garbage on it and has no value. The other day they handed out, as it were, unique NFTs and it is not clear what they are for and what benefits they bring at the moment, there is a lot of uncertainty.

Everything has its prime time and it also has to face difficult times too, NFTs were so popular that they were being sold for hundreds of thousands of dollars each, but now when the time is bad for NFT creators, the market is having a dump which is pretty evident. Those who gained huge profits through their created NFTs will not have many issues for sure but those who have spent a lot of money but aren't getting offers worth that are doomed.

Now we don't know NFT market will also get into a bull run just like the cryptocurrency market or not, because we have never seen this happening before and it's a first-time experience for everyone, we got to wait and see what happens in the near future to NFTs and their creators.

[tokeweed]

--snip--

its their fault why they trust ape picture with their thousand of dollar. NFT should be used for fine art or any copywriting to proof it legal standing. not only ape picture which everybody can make it easily

On the time that NFT hype was really that so high or very hot on which you would really be molding up those questions in mind on how the heck
these pixelated  pictures or those good looking images would really be having so much value? You would be saying into your self that people must be so crazy or they dont
really have that much proper thinking on how things should really be treating into. Its true that it would really be that so easy on making pictures and sell it out and
with those NFT hype then reaching up lots of million of dollars which is really that so having no sense.

An NFT's value has something to do with the community behind it and the willingness to stay and be active with the said community.  It also has something to do with some sort of value behind the meme of the NFT, the idea.  Just like with most of these altcoins, it's all just memes all around.  And we're here playing a kind of game avoiding to be trapped.

Remember NXT?  Go look at their ANN thread and read the OP.  That was a meme.  If you kept on believing and held until now then you'd be down bad.  Lol.  It will be the same with most of these NFTs.

But yeah...  None of these should be worth more than 10k USD a piece or even 1k a piece.  :/

[SUPERSAIAN]

--snip--

its their fault why they trust ape picture with their thousand of dollar. NFT should be used for fine art or any copywriting to proof it legal standing. not only ape picture which everybody can make it easily

On the time that NFT hype was really that so high or very hot on which you would really be molding up those questions in mind on how the heck
these pixelated  pictures or those good looking images would really be having so much value? You would be saying into your self that people must be so crazy or they dont
really have that much proper thinking on how things should really be treating into. Its true that it would really be that so easy on making pictures and sell it out and
with those NFT hype then reaching up lots of million of dollars which is really that so having no sense.

An NFT's value has something to do with the community behind it and the willingness to stay and be active with the said community.  It also has something to do with some sort of value behind the meme of the NFT, the idea.  Just like with most of these altcoins, it's all just memes all around.  And we're here playing a kind of game avoiding to be trapped.

Remember NXT?  Go look at their ANN thread and read the OP.  That was a meme.  If you kept on believing and held until now then you'd be down bad.  Lol.  It will be the same with most of these NFTs.

But yeah...  None of these should be worth more than 10k USD a piece or even 1k a piece.  :/

When I see such insta prices, I question NFTs every time. It's obvious that something different is going on behind it. There are price setters outside of the community and collectors. The community who wants to buy NFT should not buy at exorbitant prices, should research the price well and buy it if it is reasonable. Even if it's a real work of art, it's just ridiculous that it's just a code built on a chain, with thousands of dollars and price volumes.

[Bolivar_Tony]

it looks like the trend in NFT is just passing. even take as an example the new blockchain of Sui 90% of NFTs that have released outright garbage on it and has no value. The other day they handed out, as it were, unique NFTs and it is not clear what they are for and what benefits they bring at the moment, there is a lot of uncertainty.

Total agreed with you i bought the SUI NFT blueshark, with all the noise and all, it went up a bit and after it went down, In my own opinion i think the era of NTF is coming to an end, just like how the ICO era ended, but we shall see in the coming months.

[Psynthax]

Hmmh NFTs I really am skeptical about those pieces of arts I mean the market liquidity of NFTs are quite low and is kinda of a pairing thing So if there is a good buyer then lucky you but sometimes it doesnt happen that way and you will need to set low asking price Maybe NFTs that represent real-word assets might make some moves so who knows

i always think that sui blockchain itself is already massive garbage, every event in there always misled people, not to mention latest NFT event that many deemed to be rather useless.
its not that NFT in sui are losing its value, but from day 1 everything related to sui always meets its demise very soon.

[TastyChillySauce00]

In the bearish season there's nothing we can do, especially for the NFT market, even now NFT is still not very popular anymore,
even some of the top NFT coins are still at the bottom price and haven't recovered yet, but don't be sad,
because this is a good thing for those who haven't bought NFT yet, because at this time buying NFT is really worth holding on to.

It has been reported that if so many popular NFT's floor have been dropping so hard, that means NFT is not worth anymore and it's garbage thing. Justin bieber's nft has been crazily depreciating on its value.

The only stupid guy who keep believing if NFT gonna be better thing to store our asset. NFT is just pure garbage.

[tvplus006]

Total agreed with you i bought the SUI NFT blueshark, with all the noise and all, it went up a bit and after it went down, In my own opinion i think the era of NTF is coming to an end, just like how the ICO era ended, but we shall see in the coming months.

Obviously you forgot one of the basic rules of trading: "Buy the rumor, sell the fact". You did the opposite, bought NFT after SEO made an announcement about the upcoming event, which concerned those who kept NFT Blueshark in their wallet. This announcement was regarded by many as an announcement of an airdrop for the holders of this NFT, and therefore its price increased. And accordingly, when this did not happen, the price of NFT fell.