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Author Topic: NFT OR MEMES  (Read 891 times)
Xal0lex
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May 28, 2023, 05:17:41 PM
 #61

Let me give you 2 topic names and tell me which one would get more replies "men spends zero dollars on nft because he finds it useless" and "men spends a million dollars on an ape image", which one do you think would get more attention. We see news because they are newsworthy, if something is not newsworthy we are not going to hear about it, doesn't mean it doesn't exists, it just isn't what interests people.

Most likely this madness will not happen again. Maybe we will see new NFT token hypes on new token standards or in new blockchains, but we will not see people who will be ready to buy these tokens for millions and tens of millions of dollars. People have already realized that this useless garbage is not worth that kind of money and investments in such projects are doomed to REKT. What used to be a reason to brag about their NFTs is now seen as shameful. Many of those who bought NFTs at such prices prefer not to name the real prices they paid for these NFTs, because they are ashamed.

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isaac_clarke22
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May 28, 2023, 06:12:37 PM
 #62

I agree with the opinion of forum users that this is a pointless investment. That is, neither NFTs nor memes bring any real benefit to participants and investors in such projects. Therefore, in my humble opinion, this is a waste of money and there are really real opportunities for investment.
That is what majority of the crypto world actually thinks, that's a normal approach to NFT or meme projects and people with sense do stay away from it as much as they possibly could. But that doesn't mean that we are going to keep seeing those people all the time, we are going to keep seeing something more crazy because that is a lot more news worthy.

Let me give you 2 topic names and tell me which one would get more replies "men spends zero dollars on nft because he finds it useless" and "men spends a million dollars on an ape image", which one do you think would get more attention. We see news because they are newsworthy, if something is not newsworthy we are not going to hear about it, doesn't mean it doesn't exists, it just isn't what interests people.
Here in my country, there were always those shitcoin investors that you would always see in Facebook and you'll just see them go silent after sometime. No one's going to stop how these people react to their investment and it would just continue over and over.

NFTs were even like hot topic in here especially with games like Axie Infinity. People applying to be scholar and stuff and now after the price crash, everyone just went silent.

Most likely this madness will not happen again. Maybe we will see new NFT token hypes on new token standards or in new blockchains, but we will not see people who will be ready to buy these tokens for millions and tens of millions of dollars. People have already realized that this useless garbage is not worth that kind of money and investments in such projects are doomed to REKT. What used to be a reason to brag about their NFTs is now seen as shameful. Many of those who bought NFTs at such prices prefer not to name the real prices they paid for these NFTs, because they are ashamed.
There would obviously be another hypes, but either way it's not going to last long anyway. The cycle would just continue each trends. I am kinda seeing AI coins being the new trends, but again, this cycle might happen again, lol just like how NFT craze went silent.
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May 28, 2023, 06:18:54 PM
 #63

In my opinion, NTF and meme coins are just temporary hype, there are still many opportunities in the crypto world apart from NFT and meme coins, but it is also possible that you can benefit from NFT and meme coins, it's just very difficult because the opportunities are small

It's very possible that NTF and meme coins are just temporary hype. But there are also differences, for meme coins there have been many births every day, and for nft, maybe it's still limited, not as many as coins.

For now, I myself haven't decided whether to invest in NFTs, although we have seen many who want to join, whether institutions, companies or other well-known companies want to make NFTs, especially on the Polygon Matic network because apart from being a bit complicated, the cost for creators is also expensive, especially using the Ethereum network.

There are still NFTs that are still improving during the bear market unlike meme coins that come and go. I think it is better to invest on altcoins first that has an innovative utility then consider NFTs as a second option.

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May 28, 2023, 06:22:05 PM
 #64

Actually i like both NFTs and Memes token but i have enough confidence with NFTs and i know meme is always risky and who risk taker perfect for him/her meme coins. And i always try to connect with best meme coin project for my shining futures.

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May 28, 2023, 08:21:35 PM
 #65

Breasts are not my choice at all. But for NFTs, I'm more moderate, I like interesting uniq collections, and it's even more interesting if it has a use. For now NFTs are a much newer concept. I'm particularly interested in NFT items in games, it's really fun to trade. Memes seem completely meaningless to me, they only have a structure that is shaped according to hype. NFT is a system that can evolve.

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May 28, 2023, 08:48:44 PM
 #66

if asked to choose NFT or Memes I definitely prefer Memes,
because right now NFT is just an image with no value, yes in 2021 it's really hype and makes NFT very expensive,
but now NFT means nothing, so my advice is to buy it just memecoin for example on Binance Doge, Shib, Floki or Pepe.

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May 28, 2023, 09:12:46 PM
 #67

I don't think either of the two is worth investing in the long term as both shit are like that because of the hype and sooner or later, both nft and meme will pipe down sooner or later. I think you know that an NFT before was very famous because of its hype and even being discussed in the forum but right now, I haven't seen any discussions at all.

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May 28, 2023, 09:59:31 PM
 #68

Not for both.
Previously, NFTs were very good, it's just that their hype is over now and I think it's not really worth it anymore in terms of investment, especially talking for the long term.
As for Meme, we clearly know that something like this is not possible because the risks are indeed very big.
I prefer to be in something that is certain than having to constantly be in something that is uncertain like that because in my opinion now for memes it is not an investment but includes gambling because we only hope for luck with the pump there.
I don't get this argument. Some Nfts are still doing fine, i would say better then most memem coins. Obviously there are ton of rug pulls and projects that are not taking off as market is overly saturated by garbage, but there are few good ones still.

They aren't as liquid as meme tokens but if you buy nfts i don't think instant liquidation is something you are looking for. But i have personally flipped some garbage nfts as well with pretty good profit. I have also aped in into some rug pulls. but that comes with the territory.

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May 29, 2023, 06:54:20 PM
 #69

Let me give you 2 topic names and tell me which one would get more replies "men spends zero dollars on nft because he finds it useless" and "men spends a million dollars on an ape image", which one do you think would get more attention. We see news because they are newsworthy, if something is not newsworthy we are not going to hear about it, doesn't mean it doesn't exists, it just isn't what interests people.

Most likely this madness will not happen again. Maybe we will see new NFT token hypes on new token standards or in new blockchains, but we will not see people who will be ready to buy these tokens for millions and tens of millions of dollars. People have already realized that this useless garbage is not worth that kind of money and investments in such projects are doomed to REKT. What used to be a reason to brag about their NFTs is now seen as shameful. Many of those who bought NFTs at such prices prefer not to name the real prices they paid for these NFTs, because they are ashamed.
We can only hope this is indeed the case, after all when I think about all the crazy pumps I have seen on this market over the years, I have little doubt the NFT pump was the worst, at least when the ico craze took place I could understand that people were excited about the price of bitcoin being so high and the seemly endless posibilities altcoins offered.

But the NFT craze made no sense at all, buying an image for millions of dollars would make sense if it was a physical piece of art, but a digital one has no value as it can be replicated at will, and yet the NFT craze still happened, and while I wish we could leave this dark episode behind, something tells me scammers will try to ignite this market again once the bull market gains strength.

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May 29, 2023, 07:22:30 PM
 #70

Better to not invest in such nonsensical things called NFT at all. The market is full with great investment opportunities, so make use of them instead of buying stupid NFTs. The NFT market is going to die soon so if you have already invested, try to recover them because it will be extremely difficult to recover if you delay.

Invest in Bitcoin or any other good coins directly. Buy Gold coins, buy stocks and insurance etc. Do whatever you want except buring money on NFTs.
Or simply that NFT hype is already gone and its not really that shocking that people would really be going along with those current hypes but we know that there are lots of investors or collectors of NFT are really that devastated now on which the arts or nft that they've been holding has no already value or simply their price is on the ground which does indicate on how risky this market is.
You would definitely get wrecked out if you arent really that wise on taking up such decisions.

Its true that there's lots of opportunities that we do have on this market on which it would really be just right that you should really be that looking into other corners and wouldnt really be just solely be
focusing into a single point on which you would really be that going all in which its never been recommendable.If you are going to choose then it would really be that depending
on you on what you would really gonna invest but if we are really that going for long term then better stick with those top coins like BTC and other top alts which
it does have that actual utility which it would be common sense that it would be a good choice.

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May 29, 2023, 09:05:15 PM
 #71

I have never invested in NFTs and have no intention to do so. However, I have experienced occasional profits from meme coins, even though I'm not particularly enthusiastic about them. Lately, it seems that meme coins have been generating favorable returns. Just consider those who purchased Pepe coins before they were listed on Binance and sold them afterward. Meme coins have seemingly created numerous millionaires. So, if I were compelled to choose between the two, I would opt for meme coins.

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May 29, 2023, 09:14:39 PM
 #72

What kind of usecase? majority of NFT were useless piece of shits. I never seen that if there was NFT that has real use case. So many item in related to the online game was not representing the usecase. It doesn't even need NFT to make it happen.
NFT is still experimental thing at this moment. No reason to call that NFT was better compared with meme coin.
If you don't have the NFT item, you can't play the game at all or reach further on it, so that is an usecase for the game's players... It's up to the game's developers to make the rules and if they decide NFTs are going to be introduced on their platform, that is how the system is going to work and those willing to play the game have to adopt it or simply not play the game at all. If you enjoyed the respective game I think you would adopt the NFTs without any issues.

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May 29, 2023, 09:28:01 PM
 #73

I prefer NFT in terms of long-term investment rather than meme coins that only backed up by hype and speculation like SHIB and PEPE getting listed on Binance. NFT can have better utilities to compared to meme coins.
i might be wrong but honestly NFT is really bad for long term investment due to the fact that it lacked liquidity, the fact that it's unique on its own means fewer liquidty, meanwhile with meme coin, at worst scenario there are still some baggers that will to bag the meme coins which means better for long term.
meme coins can give good profits that NFT because we have been seeing some meme coins that are going like from 500× to 1000× giving investors massive profits. There are also bad meme projects in the market that are making things not to be favorable for investors. Coin like pepe are one of the good meme projects that are giving investors good profits.

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May 29, 2023, 10:30:05 PM
 #74

these two investment only suited for short term, with meme coin if you invested for long term, eventually the price will fall down, and with NFT it will lost liquidity instead, making it quite literally useless.
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May 30, 2023, 04:28:29 AM
 #75

NFT is just hype and bullshit. I don't believe in NFTs and their projects. I mean what is there to gain from NFTs ? If all privileges and exclusions are revoked, what makes NFTs valuable? I need advice and discussion from friends in this forum if anyone has the view that NFTs are valuable and have other potential in the future?

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May 30, 2023, 05:03:58 AM
 #76

these two investment only suited for short term, with meme coin if you invested for long term, eventually the price will fall down, and with NFT it will lost liquidity instead, making it quite literally useless.
So better not to invest on these two because it is quite risky. However, if you're fine with the risk and still wanted to try investing then my choice is meme coins. I'm tempted as well to try investing on meme before, because of the potential profit, however this is only for short term. But one must be alert and know when to take profit and that is once the price already skyrocket. If you missed the time to sell, you'll lose your money, the next thing you'll know the price plunged already. The reason why it's risky to invest in meme coins.

Anyway, many coins are worth to invest in with real use case hence your options are not only limited to NFTs and meme coins. Just DYOR and you'll find a coins that are worthy to hold even for long term.

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May 30, 2023, 05:49:03 AM
 #77

Both of them just have a small time frame of hype that's why always make a good decision towards investment. NFTs hype is over and many got rekt on that one too, many bought at the hype price and now it's gone under for NFT craze. With PEPE have done during the hype of memecoin it really made a good traction of the market but sadly the hype is not forever that's why always choose a blue chip project for long term haul.

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May 30, 2023, 06:44:40 AM
 #78

Most likely this madness will not happen again. Maybe we will see new NFT token hypes on new token standards or in new blockchains, but we will not see people who will be ready to buy these tokens for millions and tens of millions of dollars. People have already realized that this useless garbage is not worth that kind of money and investments in such projects are doomed to REKT. What used to be a reason to brag about their NFTs is now seen as shameful. Many of those who bought NFTs at such prices prefer not to name the real prices they paid for these NFTs, because they are ashamed.
There would obviously be another hypes, but either way it's not going to last long anyway. The cycle would just continue each trends. I am kinda seeing AI coins being the new trends, but again, this cycle might happen again, lol just like how NFT craze went silent.

The hype around artificial intelligence has been going on for quite some time, relative to other hypes. The industry has also seen hypes for zksynk, brc-20 tokens, and memcoins. The last 2 hypes are even now being actively promoted in various social networks. The haip around PEPE has already subsided, but new memcoins continue to appear, and in large quantities. Basically, these are all pepe clones, but as long as people will buy these shitcoins, they will continue to appear.

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May 30, 2023, 07:45:32 AM
 #79

I prefer NFT in terms of long-term investment rather than meme coins that only backed up by hype and speculation like SHIB and PEPE getting listed on Binance. NFT can have better utilities to compared to meme coins.
i might be wrong but honestly NFT is really bad for long term investment due to the fact that it lacked liquidity, the fact that it's unique on its own means fewer liquidty, meanwhile with meme coin, at worst scenario there are still some baggers that will to bag the meme coins which means better for long term.
for the long term, there is still a chance for NFT to get hype again, most likely in 2024 NFT will rise again,
but if you want to buy NFT, you should only buy altcoins that are in the NFT category, for example OGN, Mobox, or MANA,
because it has more potential to pump than you buy NFT in the NFT market. We should avoid Memecoin because of the high risk.



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May 30, 2023, 08:01:56 AM
 #80

I prefer NFT in terms of long-term investment rather than meme coins that only backed up by hype and speculation like SHIB and PEPE getting listed on Binance. NFT can have better utilities to compared to meme coins.
i might be wrong but honestly NFT is really bad for long term investment due to the fact that it lacked liquidity, the fact that it's unique on its own means fewer liquidty, meanwhile with meme coin, at worst scenario there are still some baggers that will to bag the meme coins which means better for long term.
for the long term, there is still a chance for NFT to get hype again, most likely in 2024 NFT will rise again,
but if you want to buy NFT, you should only buy altcoins that are in the NFT category, for example OGN, Mobox, or MANA,
because it has more potential to pump than you buy NFT in the NFT market. We should avoid Memecoin because of the high risk.

What a great idea, you have suggested it, and the ones you mention are examples of those who have adopted and have a good track record in blockchain NFT projects. another example of Phantom Galaxies created by Sandbox game maker Animoca. Even though there are more and more NFTs being born, if the user has taste and is selective he will find hidden NFTs that have good potential going forward whether in NFT Matic, NFT Ethereum or others.

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