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

[DooMAD]

If they are used properly as a tool to represent real-world assets like financial documents, deeds, wills, etc, then that would be a world in which I can accept Ordinals.

i'm sure franky would still be against that since he considers it to be polluting the blockchain, thus making it more expensive for him to send bitcoin. as though that's the only reason bitcoin should exist...for him to be able to send money cheaply. and anything that interferes with that is not to be allowed. what a short-sighted, unfortunate view he has since it will end up crippling bitcoin if people like him was in control. he wants it to be just like it was in 2009 or 2010. those days are gone franky and no one wants them back except people like you who are sitting on a mountain of money.  

I wouldn't worry too much about that.  As long as he's not successfully poisoning the minds of impressionable newcomers, he's largely impotent.  Alone, he can't do anything.  And he'll probably always be alone, because he has a remarkable talent for alienating people and turning everyone against himself.  The moment someone doesn't accept one of his delusions, he attacks them, insults their intelligence, etc.  Those who don't adapt to technology get left behind.  Hence why he's still stuck in 2016 and everyone else has moved on.

You're absolutely right the scams will always find their victims and the scam of ordinals are also getting their victims in order to show them that they can earn huge amounts by investing their real Bitcoin for those stupid jpeg files that are valueless and they doesn't even contain the elements of quality that one should even spend a $1 of those useless tokens. They have just found their way to convince those who don't have strong will power or deeper understanding of the things, and those well known manipulators who created those ordinals earned enough money from their scams that they would enjoy their dam lives by creating much congestion on the network of Bitcoin.

where are all the victims? i certainly haven't seen any here on this forum. not that i would feel sorry for them anyway. just like i don't feel sorry for someone that goes and gambles in las vegas and doesn't happen to win at craps. you might feel sorry for them the first time they lose but not if they keep on coming back for more destruction...

We likely don't hear from most of them.  There must be plenty that lose their money and call it a day.  And if people are walking away forever based on that experience, it's far from ideal.  I wouldn't like to see large numbers of new users getting ripped off and becoming disillusioned, so it's better to make people aware of those who might prey on the inexperienced.

[larry_vw_1955]

We likely don't hear from most of them.  There must be plenty that lose their money and call it a day. And if people are walking away forever based on that experience, it's far from ideal.  I wouldn't like to see large numbers of new users getting ripped off and becoming disillusioned, so it's better to make people aware of those who might prey on the inexperienced.

you would think that someone with the expertise/know-how to actually become involved in buying-selling of NFTs would not need a warning that it is a speculative thing and not guaranteed to produce any particular result. it's not like vegas where you can just wonder in off the street and plunk your money down on the craps table and say "put it on red".

with bitcoin you have to first understand how to get bitcoin into a wallet and then understand how to buy and sell bitcoin nfts and how to buy and sell your bitcoin etc. it just boggles my mind how someone could be inexperienced yet know how to do all of those things...

but yeah i agree with you that people who lose money you're not going to see them making instagram quick videos of that fast cash. 

[franky1]

idiots thinking these ordinals junk are nft do so becasue they dont know the code, economics or logic or math. they simply download a wallet that creates the transactions for them.

its especially funny how larry in this topic has not learned the fatal flaws of the ordinals junk, yet pretends he knows bitcoin well enough to get involved and promote the junk

so if larry can fall for it and believe they have value, then that should be proof enough that idiots fall for the scam, because he himself is the proof

[nutildah]

idiots thinking these ordinals junk are nft do so becasue they dont know the code, economics or logic or math.

As has already been explained to you multiple times, they are NFTs as they have been defined as such in popular culture. You don't get to decide what words mean -- people do as a collective.

And as always, insulting people that disagree with you doesn't change the fact that you are wrong. Its not a matter of understanding "code, economics or logic or math" so much as how words are defined.

[tread93]

Whereas the Ordinals junk is just junk and it is worthless because unlike things like fiat it has no utility.

Something doesn't have to have utility to have value. For example, these regularly trade between $80k and $250k:



Its just a token with an invalid pointer to a json file. The image isn't even embedded in the blockchain or stored anywhere permanent. It offers no utility to speak of, yet it fetches a high price in open markets because it is desired by collectors.

While the value of many (even most) Ordinals up for sale is indeed driven by Ponzi-nomics and will trend toward zero, some of them will retain value among collectors; especially the first Ordinals of any significance. Their significance and value exists independent of your or my opinion.

Good point! The first editions of anything for the most part if they're popular to some extent generally trade for higher values then any other versions. I think this is also pretty much the case with Ordinals, and we're still pretty early!

[larry_vw_1955]

idiots thinking these ordinals junk are nft do so becasue they dont know the code, economics or logic or math. they simply download a wallet that creates the transactions for them.

its especially funny how larry in this topic has not learned the fatal flaws of the ordinals junk, yet pretends he knows bitcoin well enough to get involved and promote the junk

so if larry can fall for it and believe they have value, then that should be proof enough that idiots fall for the scam, because he himself is the proof

they're even better than traditional nfts franky in the sense that the data is stored on chain and so there's no chance of the image disappearing when someone stops paying for the webspace hosting...

ask yourself if you were going to buy an nft of a monkey would you rather it be stored on chain or on some cloud hosting on AWS which will disappear oneday. which is why some people might prefer bitcoin nfts to the standard ones you find on ethereum. just saying.

[Iranus]

To be honest, if I have to add anything ordinals to my crypto portfolio it will be Ordi Protocol, I know it's crappy but it already make name for itself, whenever Bitcoin pumps this ORDI follows, that makes it a good one to look out for but for profit making purposes only, I am not saying it's a best bet but if you diversify you will be fine, and don't forget to take profit on the way up.

I am not a fan of NFTs and I am not a fan of crappy looking pictures on Bitcoin either, but remember that sometimes in crypto space, unnecessary innovations like this makes the biggest money and they happily goes down the drainage after, buy the rumor and sell the news is always a good stuff in the crypto ecosystem.

If you can play your cards right you will win big with crypto in the coming bull market.

Bitcoin maximalists will certainly hate bitcoin NFTs the same way they treat altcoins, but those who enter this market with the sole goal of making money and always putting profits first should not ignore Ordi Protocol. I don't know what its future holds but speculating in them is profitable for many people so there's no reason to reject it.

As a crypto investor, don't just focus too much on bitcoin and miss out on other opportunities. The opportunity to make money will not be too much and we should make the most of it but also do not forget the risks that we face.

[yhiaali3]

Bitcoin maximalists will certainly hate bitcoin NFTs the same way they treat altcoins, but those who enter this market with the sole goal of making money and always putting profits first should not ignore Ordi Protocol. I don't know what its future holds but speculating in them is profitable for many people so there's no reason to reject it.

As a crypto investor, don't just focus too much on bitcoin and miss out on other opportunities. The opportunity to make money will not be too much and we should make the most of it but also do not forget the risks that we face.

I agree with you on this point of view. There are people who always look suspiciously at everything new, even Bitcoin itself. The same thing happened to it at the beginning of its invention. Many people were suspicious of Bitcoin and described it as just scam.

On the other hand, yes, we are in this space for profit and investment in the first place, so we must be flexible and not be fanatical about one idea only, we must not focus on one thing and try to seize opportunities to obtain gains, whether from Bitcoin or new things that appear in this space.

[larry_vw_1955]

I agree with you on this point of view. There are people who always look suspiciously at everything new, even Bitcoin itself. The same thing happened to it at the beginning of its invention. Many people were suspicious of Bitcoin and described it as just scam.

some people still are suspicious of bitcoin and think of it as a scam. but most people kind of accept that it is not just a total scam.

On the other hand, yes, we are in this space for profit and investment in the first place, so we must be flexible and not be fanatical about one idea only, we must not focus on one thing and try to seize opportunities to obtain gains, whether from Bitcoin or new things that appear in this space.

some people just prefer storing their net worth in bitcoin although that does expose them to price volatility but they probably think it is "going up". the problem that happens if it goes down though is it kind of forces them to be patient and not spend their money. until it goes back up. 

[Iranus]

Bitcoin maximalists will certainly hate bitcoin NFTs the same way they treat altcoins, but those who enter this market with the sole goal of making money and always putting profits first should not ignore Ordi Protocol. I don't know what its future holds but speculating in them is profitable for many people so there's no reason to reject it.

As a crypto investor, don't just focus too much on bitcoin and miss out on other opportunities. The opportunity to make money will not be too much and we should make the most of it but also do not forget the risks that we face.

I agree with you on this point of view. There are people who always look suspiciously at everything new, even Bitcoin itself. The same thing happened to it at the beginning of its invention. Many people were suspicious of Bitcoin and described it as just scam.

On the other hand, yes, we are in this space for profit and investment in the first place, so we must be flexible and not be fanatical about one idea only, we must not focus on one thing and try to seize opportunities to obtain gains, whether from Bitcoin or new things that appear in this space.

Honestly, I don't want to go to war with bitcoin maximalists because they have a mind of their own. This is not a religion, its a financial and investment market, not a place to worship and worship anything. Therefore, we should have fair comments with each other instead of having unnecessary arguments. Arguing won't make us rich and let's not forget what our purpose in this market is. Do we enter the market for profit or to prove ourselves right and become poorer?

[tread93]

To be honest, if I have to add anything ordinals to my crypto portfolio it will be Ordi Protocol, I know it's crappy but it already make name for itself, whenever Bitcoin pumps this ORDI follows, that makes it a good one to look out for but for profit making purposes only, I am not saying it's a best bet but if you diversify you will be fine, and don't forget to take profit on the way up.

I am not a fan of NFTs and I am not a fan of crappy looking pictures on Bitcoin either, but remember that sometimes in crypto space, unnecessary innovations like this makes the biggest money and they happily goes down the drainage after, buy the rumor and sell the news is always a good stuff in the crypto ecosystem.

If you can play your cards right you will win big with crypto in the coming bull market.

Damn Z390 you were spot on, I wish I would have paid this comment more mind because ORDI is up like crazy!!! An I too late to the Ordinal party?!