Popular and Lucrative Ordinals Bitcoin NFTs- Where are my Ordinals Experts at?

[tread93]

Hi All,

I imagine this post might be met with a high degree of skepticism but like it or not these ordinals seem like they're going to exchange hands no matter what and we have an opportunity here to make a lot of SATs with just one sat!!! A popular sat. A cheeky buggar sat, eh?

I want to know what is the best website to trade ordinals NFTs as well as to get informed on what are the trending Ordinals right now on the market, up and coming airdrops that you may all know of. I would like to know what is the best wallet to use for this as well? Might as well play around with it. Who knows could end up getting some really good ones that increase in value for a short time enough to cash out and get your chips up, savvy?

Cheers,

TREAD

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[1715513992]

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[franky1]

visit most scam sites. you will find them there, trying to coax you into trading with them..

just be warned when they say they have something rare, cheeky.. and they want to sell it to you.. they are selling you a scam and you are buying it for alot more than its real sat worth.

but if you want to continue into the fake economy, goodluck.

[larry_vw_1955]

I want to know what is the best website to trade ordinals NFTs as well as to get informed on what are the trending Ordinals right now on the market, up and coming airdrops that you may all know of. I would like to know what is the best wallet to use for this as well? Might as well play around with it. Who knows could end up getting some really good ones that increase in value for a short time enough to cash out and get your chips up, savvy?

it sounds like you have alot of researching to do. but one of the ones I've seen is ordswap.io. not sure how good it is but it's been around a while.

visit most scam sites. you will find them there, trying to coax you into trading with them..

just be warned when they say they have something rare, cheeky.. and they want to sell it to you.. they are selling you a scam and you are buying it for alot more than its real sat worth.

but if you want to continue into the fake economy, goodluck.

you could say the same thing about bitcoin itself   some people think cryptocurrency is a scam and not real.

[DaveF]

you could say the same thing about bitcoin itself   some people think cryptocurrency is a scam and not real.

Yes, but BTC has proven over time that it's not a scam.
Ordinals seem are just another shitcoin / token / ICO / IEO / and so on that have cropped up in the crypto world.
99%+ will eventuality just become worthless. Mich like the shitcoins / tokens ......

There are better ways to spend your time and money they chasing that fraction of 1% that might be worth something.

-Dave

[larry_vw_1955]

Yes, but BTC has proven over time that it's not a scam.

some people would disagree with you. just because something exists for a long time doesn't mean it is not a scam. and just because alot of people get involved in it doesn't mean it's not a scam. if people lose money in something does that mean it is a scam? how many people bought bitcoin at or near it's ATH and have been sitting on a loss ever since then? just something to think about before you call other things a scam.

There are better ways to spend your time and money they chasing that fraction of 1% that might be worth something.

-Dave

so because you say so, people shouldn't pursue their interests in collecting digital artwork and things?

[Blitzboy]

Bitcoin is like saving or spending. This balance shows one's comprehension and conviction in Bitcoin's transformative capacity. I believe Bitcoin's value goes beyond its price. It empowers financially.

I use Bitcoin for transactions even though I hoard a lot. Why? Because every Bitcoin transaction, however small, contributes to the big experiment of decentralizing finance. I understand hodling, especially after the price rallies. Its paradoxical. The idea is to balance your financial goals and Bitcoin's potential. Bitcoin's only constant is change.

[franky1]

visit most scam sites. you will find them there, trying to coax you into trading with them..

just be warned when they say they have something rare, cheeky.. and they want to sell it to you.. they are selling you a scam and you are buying it for alot more than its real sat worth.

but if you want to continue into the fake economy, goodluck.

you could say the same thing about bitcoin itself   some people think cryptocurrency is a scam and not real.

but bitcoin has actual fundamental logic, economics, maths, cryptography that prove value and also ownership and transfer of ownership

Yes, but BTC has proven over time that it's not a scam.

some people would disagree with you. just because something exists for a long time doesn't mean it is not a scam. and just because alot of people get involved in it doesn't mean it's not a scam. if people lose money in something does that mean it is a scam? how many people bought bitcoin at or near it's ATH and have been sitting on a loss ever since then? just something to think about before you call other things a scam.

bitcoin has fundamental logic, economics, maths, cryptography that prove value and also ownership and transfer of ownership

however
the ordinal memes and json junk is appended deadweight metadata that sits outside the tx format of what gets signed into a tx.. thus does not form part of the signing process proof of content nor part of the output value assignment process.. thus they have no proof of transfer nor ownership. thus deadweight scam

[larry_vw_1955]

but bitcoin has actual fundamental logic, economics, maths, cryptography that prove value and also ownership and transfer of ownership

why would you care about issues such as ownership and transfer of ownership if you consider all NFTs to be scams? so because you disagree with how ordinals handles "ownership" and "transfer of ownership" you're going to say that's the reason why ordinals nfts are scams and that's why people shouldn't be involved in them? or is it because you don't like them clogging up the blockchain and causing higher transaction fees? be honest.

however
the ordinal memes and json junk is appended deadweight metadata that sits outside the tx format of what gets signed into a tx.. thus does not form part of the signing process proof of content nor part of the output value assignment process.. thus they have no proof of transfer nor ownership. thus deadweight scam

If Vitalik doesn't see an issue with Ordinals then I don't see why you should.

Vitalik Buterin Praises ‘Builder Culture’ as Bitcoin NFT Volume Hits $210 Million
https://beincrypto.com/vitalik-buterin-bitcoin-nft-volume/

[tread93]

visit most scam sites. you will find them there, trying to coax you into trading with them..

just be warned when they say they have something rare, cheeky.. and they want to sell it to you.. they are selling you a scam and you are buying it for alot more than its real sat worth.

but if you want to continue into the fake economy, goodluck.

Appreciate the heeded warning Franky. I mean I guess a lot of economies could really be considered fake, couldn't they? The Fed creates dollars out of thin air and although they are considered real they're really just fake money based on credit from the US Gov't haha. Yeah, I guess you could call it the wild wild west of Bitcoin "scam" NFTs right now, all of these BRC-20 sites are competing for dominance and creators are rushing to pedal their latest scam sats lol. I mean don't get me wrong there is no real value that ordinals bring other than bringing more users to the table to adopt crypto but even then these same NFTs don't have even a fraction of the hype that other ETH based NFTs brought investers/consumers in the early stages. Thanks for the warning Frank! I am still doing my research here, I wouldn't mind earning a few chips though off of speculation in the short term if I can 

[Dunamisx]

I want to know what is the best website to trade ordinals NFTs as well as to get informed on what are the trending Ordinals right now on the market, up and coming airdrops that you may all know of.

Ordinals as am concerned aren't bitcoin or NFT bitcoin,as we all know that bitcoin remains bitcoin and no other form, for the fact that there's a space created for an NFT on bitcoin transaction blocks doesn't make NFT bitcoin, many have also been wandering about how they could use the bitcoin network for the exchange of these Ordinals, well it's now clear and plain that Ordinals are NFTs and they are not bitcoin, this discussion as well is more fit in market place, exchanges or altcoins discussion board.

[franky1]

but bitcoin has actual fundamental logic, economics, maths, cryptography that prove value and also ownership and transfer of ownership

why would you care about issues such as ownership and transfer of ownership if you consider all NFTs to be scams? so because you disagree with how ordinals handles "ownership" and "transfer of ownership" you're going to say that's the reason why ordinals nfts are scams and that's why people shouldn't be involved in them? or is it because you don't like them clogging up the blockchain and causing higher transaction fees? be honest.

the facts you ignore, dont understand or want to hide under a blanket and not want to see.. is this

A. yes its more useless data that bloats a block and leads to less transactions per block
b. the meme data does not sit within the signed tx data segment. meaning its not signed off and included in the proofs. its appended metadata at the end. thus not really part of the tx data
c. there is no data in the tx to link the junk meme to a particular output.
d. even basic economic maths of ordinals as a whole is broke.

when you want to be that ignorant to it just to scam people for your profits.. then yes you might earn a bit more income. but it just makes you look immoral unethical, dumb and scammy

bitcoin data for bitcoin value actually does work outputs have values side by side to know what value goes to which output. it gets locked and signed preventing edits as it passes through peers. and does transfer units within the signed content of a tx. its not like the value amounts are unsigned and can be edited pre confirmed via random people

as for the economic math..
when a utxo is being spent its total amounts used as inputs are then set to an amount of fee deducted, and then the remainder goes to destinations. meaning any "first sat" ends up destroyed as fee's, where a block the tx is included in gives the block solver fresh allotment of new sats of a combined amount of reward plus destroyed/ unaccounted sats

theres a reason casey calls his project a "theory".. its so he can legally say he has never made any claims of truth about his scam and its the victims own fault if they got scammed becasue they never tested/proved the theory. they just believed in the theory blindly

and by the way.
those using "first sat" theory.. are not millions of random users. they are just a dozen guys with pool manager access to funds spending decisions. to decide who to direct miscounted sats to idiots for profit... so if you want to pretend you received a "first sat" then you are already a victim at a loss.. hoping you can sell on your loss to another idiot to break even

if your spending more then 1 sat to receive one sat. you have been scammed

[taufik123]

Ordinals as am concerned aren't bitcoin or NFT bitcoin,as we all know that bitcoin remains bitcoin and no other form, for the fact that there's a space created for an NFT on bitcoin transaction blocks doesn't make NFT bitcoin, many have also been wandering about how they could use the bitcoin network for the exchange of these Ordinals, well it's now clear and plain that Ordinals are NFTs and they are not bitcoin, this discussion as well is more fit in market place, exchanges or altcoins discussion board.

Bitcoin remains Bitcoin and will not change with the presence of Ordinal.
The space or block used by Ordinal NFT is the development of other developers who utilize Bitcoin network technology.

But does this have a positive impact?
We can see how the impact of network congestion has made the gas fee more expensive due to the increasing number of Ordinal transactions.

They should separate from the Bitcoin network because it only disturbs the network from getting out of control.
But if it is said as an Altcoin, Ordinal NFT also does not enter Altcoins. they must have their own network.

[larry_vw_1955]

the facts you ignore, dont understand or want to hide under a blanket and not want to see.. is this

A. yes its more useless data that bloats a block and leads to less transactions per block

useless for who? maybe for you but not means for everybody.

b. the meme data does not sit within the signed tx data segment. meaning its not signed off and included in the proofs. its appended metadata at the end. thus not really part of the tx data

but it becomes part of the blockchain and it can't be altered. otherwise ordinals wouldn't work properly. people would be changing monkeys in to cats.

c. there is no data in the tx to link the junk meme to a particular output.

but people trust it and it works so your concern is one of theoretical nature only. very theoretical.

d. even basic economic maths of ordinals as a whole is broke.

Well in your mind maybe it's broke and maybe you have some reason for thinking that but 350,000 people a day can't be wrong...

Bitcoin NFTs Back in Spotlight as Ordinals Cross 350K Daily Inscriptions
https://www.coindesk.com/markets/2023/07/11/bitcoin-ordinals-back-in-spotlight-with-over-35m-inscriptions/

when you want to be that ignorant to it just to scam people for your profits.. then yes you might earn a bit more income. but it just makes you look immoral unethical, dumb and scammy

Did you read that article I mentioned? Notice this part:

The daily tally has surged by over 250% since Ordinals launchpad Luminex unveiled the Bitcoin Request for Comment (BRC)-69 token standard on July 3. The modified version of the BRC-20 standard was launched to reduce the cost of inscriptions for Ordinals by over 90%.


they just keep on making things better. cheaper is better. but I guess we'll have to see how BRC-69 plays out. but clearly someone is using it. otherwise they wouldn't be making 250,000 monkeys per day.  

if your spending more then 1 sat to receive one sat. you have been scammed

that's a highly dubious claim. can you prove that? what about virgin bitcoin, i heard people pay a premium for that. so ..?

[franky1]

350k junk data doesnt not mean 350k people are involved.. the funny thing is if there was that many random people. then the old versions of junk wouldnt halt pretty much over night to then jump all unanimously overnight to the next version of junk.. it would be a slow transition of some staying with the old some moving to the new.. however that sudden jump from selling scam memes to selling scam json junk is proof that its only a few idiots making alot of junk working and communication together ans a small niche tight group..

and if you still think the junk "works" then i pity your lack of care and understanding of code, logic math and economics. and maybe im starting to think you deserve to lose any pennys you can scrape together

so if you want to pay more than 1 sat for another 1 sat.. then yea you deserve to lose

and by the way... just to show how little you even know about the subject and how little you value research and understanding.. any of the BRC junk. are not even monkeys.. its just text junk.. there have not been 250k monkeys made.. so try a little bit better at checking your sources next time.. research has its advantages

anyways, have a nice loss of your income. just dont go becoming a scammer trying to sell the junk you became victim of that has no proof of transfer. because ignorance is not a defense.. dont cause others to become victim just because you been sold a bag of trash.. accept your loss and move on. dont perpetuate the scam

[larry_vw_1955]

350k junk data doesnt not mean 350k people are involved.. the funny thing is if there was that many random people. then the old versions of junk wouldnt halt pretty much over night to then jump all unanimously overnight to the next version of junk..

who said they all unanimously jumped overnight to the next version? do you have some type of proof they did that?

and if you still think the junk "works" then i pity your lack of care and understanding of code, logic math and economics. and maybe im starting to think you deserve to lose any pennys you can scrape together

i'm saying ordinals works as a way to store data on to the blockchain. if people want to use it to store images then i guess that's their business. it is what it is as far as the mechanism being used. any hack like storing data in OP_RETURN would be similar but I don't see you complaining about using OP_RETURN. probably because you're more concerned about how many satoshis you have to pay to send some bitcoin.

so if you want to pay more than 1 sat for another 1 sat.. then yea you deserve to lose

i didn't say I would pay a premium for virgin bitcoin but clearly some people would. would you?

and by the way... just to show how little you even know about the subject and how little you value research and understanding.. any of the BRC junk. are not even monkeys.. its just text junk.. there have not been 250k monkeys made.. so try a little bit better at checking your sources next time.. research has its advantages

when I say monkeys I mean any ordinal. it could be a picture or video or text.

anyways, have a nice loss of your income. just dont go becoming a scammer trying to sell the junk you became victim of that has no proof of transfer. because ignorance is not a defense.. dont cause others to become victim just because you been sold a bag of trash.. accept your loss and move on. dont perpetuate the scam

so all the sudden anyone that wants to sell a bitcoin NFT is a scammer. how many friends have you made by stating that as though it were a fact. is a jeweler a scammer just because I think investing in diamonds is a scam? or maybe someone has legitimate reasons to buy his wife or partner a diamond. 

[franky1]

ordinals are not NFT

dont confuse the two.. wise up.. think for once

[nutildah]

ordinals are not NFT

They are. Its not up to you to decide. Even though your best mate Rodarmor also doesn't think they are NFTs, its not up to him to decide either. Words are defined by their use by the masses. If the masses call ordinals with inscriptions assigned to them NFTs, then they are indeed NFTs.

https://cointelegraph.com/explained/what-are-bitcoin-ordinals

Bitcoin NFTs — aka Bitcoin ordinals, aka digital artifacts — are a way to inscribe digital content on the Bitcoin blockchain.

https://www.coindesk.com/learn/bitcoin-nfts-what-are-ordinal-nfts-and-how-do-you-mint-one/

Non-fungible tokens (NFT) are most widely known as Ethereum-based tokens, but lately the buzz is all about Bitcoin NFTs, which are also known as Ordinal NFTs or Bitcoin Ordinals.

https://academy.binance.com/en/articles/what-are-ordinals-an-overview-of-bitcoin-nfts

Bitcoin Ordinals were introduced in January 2023 as a method of generating Bitcoin NFTs by attaching information to individual satoshis. 

I am still doing my research here, I wouldn't mind earning a few chips though off of speculation in the short term if I can

Although I'm no fan of ordinals, you're free to speculate how you want. Most people who made money from Bitcoin was via speculating that the price would go up and just holding. They didn't build anything and didn't even use BTC for what it was made to do, they were speculators.

[larry_vw_1955]

Most people who made money from Bitcoin was via speculating that the price would go up and just holding. They didn't build anything and didn't even use BTC for what it was made to do, they were speculators.

that's worth considering. i guess franky conveniently forgets this fact though since he considers all people that speculate in bitcoin NFTs (aka ordinals) to be outright scammers. but he forgets that he is doing the same exact thing with bitcoin if he's just holding on to it and selling when/if the price gets high.

[el kaka22]

Unfortunately all of these are just going to hurt us and it is not going to work out in the end neither, not just it will not make you a profit, but it will also clog the bitcoin chain and we are going to have to pay a lot more just because of something people will not make profit from. Do not get me wrong, there will be "some" people who make a profit, but it is not going to be a lot of people and the result will be terrible.

I believe that the best thing to do would be making sure that it is not going to end up getting too famous. If you can handle that then we are going to be doing fine. Hopefully the life of this ordinals thingy will get a lot less and not going to end up with a lot of hype, if that happens we are screwed for sure.

[pooya87]

I don't remember anybody saying these junks aren't going to be traded. After all scams will always find their victims. They just change tactics and sometimes get more complicated with a prettier front making it harder to detect the scam underneath. I remember the early days one of the most popular scams were "bitcoin doublers", they started by convincing newbies that they had "found a way" to double their coins in 24 hours if they sent them their coins. Eventually it became a thing where they no longer claimed to have any kind of magical exploit in the protocol and just came out with it and said it is a Ponzi scheme and people still sent them their coins!

I mean I guess a lot of economies could really be considered fake, couldn't they? The Fed creates dollars out of thin air and although they are considered real they're really just fake money based on credit from the US Gov't haha.

The two are not comparable though. When fiat like dollar is printed, it makes it worth less not worthless (that is to dump in value!). Whereas the Ordinals junk is just junk and it is worthless because unlike things like fiat it has no utility.