GreatArkansas
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October 15, 2023, 10:48:18 PM |
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(....) Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I really do not agree with this. This is all connected with NFT. During NFT hype, there are a lot of platforms that already have this but then again, failed. So for me, since it is tied with NFT, it will be also in the hands of NFT if it will be succeded, we all know how NFT market really crushed during this bear market and still not sure if it will recover.
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abel1337
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October 16, 2023, 03:24:00 PM |
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I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong? Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I guess it's like having your own land in a game like minecraft, you own so it means you are earning something from it or just bragging rights. Just like other land games, people buy it mainly for profit. I personally won't buy it because it's a concept that flopped last bull market that's why, though there might be a possible comeback next bull market. I will buy a digital real estate if somehow there are real life property connected to the digital land.
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avikz
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October 16, 2023, 04:22:00 PM |
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I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong? Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) It's just another non-sense simulator JPGs being sold as NFTs. No point! Only the issuers are getting richer and the buyers have nothing to do after buying. Internet has become more addictive than Cocaine nowadays. These web3 companies are just cashing out the addicted generation. Absolutely makes no sense! Whoever are investing into such kind of things, doesn't really know the value of money and what it takes to earn money.
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AmoreJaz
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October 16, 2023, 04:27:25 PM |
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(....) Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I really do not agree with this. This is all connected with NFT. During NFT hype, there are a lot of platforms that already have this but then again, failed. So for me, since it is tied with NFT, it will be also in the hands of NFT if it will be succeded, we all know how NFT market really crushed during this bear market and still not sure if it will recover. sooner or later, these investors will wake up to the reality that digital real estate would be another waste of their resources. i am also not seeing valuable reason why you need to buy one on this type of investment. or we may be missing something here? just like NFT, how could they be spending thousands of dollars that you can't really own? digital property? it can go poof at instant.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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Xal0lex
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October 16, 2023, 04:59:09 PM |
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I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong? Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) There was never any attractiveness there, there was hype and general hysteria. Then these same investors who put their money into this type of asset realized that it was an extremely unreliable investment. Digital property is too young an asset and people don't see any utility in it, just a banal desire to get rich quick. I recently read about a stablecoin that was backed by digital real estate and the stablecoin lost its peg to the dollar and fell in value by 50%. This type of asset is not yet ready to be taken seriously.
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sana54210
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October 16, 2023, 05:14:50 PM |
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I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong? Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Of course it doesn't worth anything, people are making stupid decisions, just like all those who spent hundreds of thousands of dollars on NFT's that worth less than a thousand dollars today, they all thought it would be nice, and they all were wrong. We need to realize that it is not going to be this type of world we are not going to have a world that's going to be in the metaverse, not anytime soon at least. Matrix was a world where humans were used as crops and their mind was in some simulation, trying to put people into metaverse and live there doesn't seem healthy to me at all, you would know the real world, but you would reject it and lived in the meta world you created, I would say that is risky and not too real.
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Abiky (OP)
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October 18, 2023, 11:20:40 AM |
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Of course it doesn't worth anything, people are making stupid decisions, just like all those who spent hundreds of thousands of dollars on NFT's that worth less than a thousand dollars today, they all thought it would be nice, and they all were wrong. We need to realize that it is not going to be this type of world we are not going to have a world that's going to be in the metaverse, not anytime soon at least.
Matrix was a world where humans were used as crops and their mind was in some simulation, trying to put people into metaverse and live there doesn't seem healthy to me at all, you would know the real world, but you would reject it and lived in the meta world you created, I would say that is risky and not too real.
It seems to me that the world is heading towards complete digitalization. What Matrix (the movie) showed us, could not be far from becoming a reality soon. Constant wars, economic instability, and a persistent health crisis (because of the COVID-19 pandemic and other diseases) will make us more isolated and away from reality. Everything will live in the "virtual realm" whenever you like it or not. Digital Real Estate, Tokenized Real World Assets, and the Metaverse are the way of the future. It may not make sense today, but it will in the long run. I wouldn't invest into digital real estate as the industry is still immature. Everything is overhyped these days. Give it some time, and it could become a part of our daily life. The future is widely unpredictable, so we can only hope for the best. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Questat
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October 18, 2023, 11:52:35 AM |
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Of course it doesn't worth anything, people are making stupid decisions, just like all those who spent hundreds of thousands of dollars on NFT's that worth less than a thousand dollars today, they all thought it would be nice, and they all were wrong. We need to realize that it is not going to be this type of world we are not going to have a world that's going to be in the metaverse, not anytime soon at least.
Matrix was a world where humans were used as crops and their mind was in some simulation, trying to put people into metaverse and live there doesn't seem healthy to me at all, you would know the real world, but you would reject it and lived in the meta world you created, I would say that is risky and not too real.
It seems to me that the world is heading towards complete digitalization. What Matrix (the movie) showed us, could not be far from becoming a reality soon. Constant wars, economic instability, and a persistent health crisis (because of the COVID-19 pandemic and other diseases) will make us more isolated and away from reality. Everything will live in the "virtual realm" whenever you like it or not. Digital Real Estate, Tokenized Real World Assets, and the Metaverse are the way of the future. It may not make sense today, but it will in the long run. I wouldn't invest into digital real estate as the industry is still immature. Everything is overhyped these days. Give it some time, and it could become a part of our daily life. The future is widely unpredictable, so we can only hope for the best. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) That is too early to believe this thing but yes, who knows in the future years. And just like you, I was still skeptical about Digital Real Estate, I'd rather make an investment in a real one as we are very certain that it gives us ROI, unlike DRE where it was still uncertain. Honestly, I can't still figure out how it works as I can imagine the situation of the NFT projects which seems to be like them. Yes, they're hyped and we also know what possibly happens when it is over...DUMPs
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fmz89
Legendary
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October 18, 2023, 12:14:52 PM |
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I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong? Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) just bunch cash grab from dev after they already milking the coin, the technology its is far from there, and people believe after upgrading the tech from times to times for matching standar metaverse as today, neither first metaverse exist at this very moment, the most ambitious metaverse is star citizen and yet from 2013 development and took morethan 600M$ to develope until today still on beta testing and never achieve full production status ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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makishart
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October 18, 2023, 04:00:07 PM |
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I think that pixels is the worst investment. They usually too centralized and depends on developers. There are a lot of better options to invest
That can be replicated so many times. To be honest if the developers were just selling gimmick here. Those developers helped by the bullish trend to fool people to buy their shitty non reality real estate like land in the game. People were also very dumb to buy that shitty land. I don't know what to say but it's just matter till everything will worth nothing. We are facing crisis and this is even worst than before. Those people will not able to sell their land and they will be losing a lot of money cuz their stupidity to invest in the non valuable thing like virtual land. I wonder how long people will be realizing it. It took very long time for people to realize if their investment will worth nothing someday. It's crazy to see that.
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fullhdpixel
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October 18, 2023, 07:44:42 PM |
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Digital assets are an amazing investment as long as you can get in on the family/early round and manage to sell as soon as public sale opens, ideally BEFORE the sale opens. For a medium or long term hold there is almost 0 value. The only way you might play this out successfully is mayb buying at the lows of bear market and then the market explodes but thats nearly impossible.
The first one that you said seems unethical or kinda inappropriate. I think that's not how a true investor looks like but it was for those who are leechers. They are poisoning the project. But wait, I realize that I wouldn't mind doing that to a shit coin, meme coin, pump and dump coin, and scam coins because they can also cause a lot of damage to the investors and to the crypto world as a whole. Bitcoin is also considered as a digital asset and it's mechanism is about long-term hodling, to be able for the investor to reap a lot of befits. Buying at the lows and selling at the highs is how you play the game of investing or trading. The market can explode for those coins who have the potential.
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shinratensei_
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October 18, 2023, 11:39:30 PM |
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I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong? Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I guess it's like having your own land in a game like minecraft, you own so it means you are earning something from it or just bragging rights. Just like other land games, people buy it mainly for profit. I personally won't buy it because it's a concept that flopped last bull market that's why, though there might be a possible comeback next bull market. I will buy a digital real estate if somehow there are real life property connected to the digital land. it really is just bragging right, yes sometime the give incentivizes you for owning land but sometimes they won't, the only way you can profit is quite literally by selling the NFT higher than when you bought, better if you mint the NFT yourself then you're always in profit but then comes in another problem that is the fact that it is an NFT, meaning there will be hard for liquidity to come by, each land differ, so does the demand, or there might be no demand at all, thats the disadvantage with owning these so called digital real estate, even though i don't think it is a digital real estate, just a land in a game doesn't amount to much. but then again there might be other benefits that the land holder is getting, but then again, the price of the land also depends on the popularity of the game, it migth cost a grand right now, but it could be losing its value significantly when the game lost popularity.
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Silberman
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October 19, 2023, 10:27:55 PM |
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That is too early to believe this thing but yes, who knows in the future years. And just like you, I was still skeptical about Digital Real Estate, I'd rather make an investment in a real one as we are very certain that it gives us ROI, unlike DRE where it was still uncertain. Honestly, I can't still figure out how it works as I can imagine the situation of the NFT projects which seems to be like them. Yes, they're hyped and we also know what possibly happens when it is over...DUMPs
Right now that digital real estate is mostly a scam or at best it is property that you can buy in a game and that has limited demand, however if the metaverse becomes a reality and we have billions of people online using it, then the digital real estate on that platform could in fact become really valuable, however you will need to take a risk by investing as soon as those properties become available and hope for the best, which is not precisely the most solid strategy when it comes to try to make money through investing.
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JeffBrad12
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October 19, 2023, 11:09:16 PM |
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That is too early to believe this thing but yes, who knows in the future years. And just like you, I was still skeptical about Digital Real Estate, I'd rather make an investment in a real one as we are very certain that it gives us ROI, unlike DRE where it was still uncertain. Honestly, I can't still figure out how it works as I can imagine the situation of the NFT projects which seems to be like them. Yes, they're hyped and we also know what possibly happens when it is over...DUMPs
Right now that digital real estate is mostly a scam or at best it is property that you can buy in a game and that has limited demand, however if the metaverse becomes a reality and we have billions of people online using it, then the digital real estate on that platform could in fact become really valuable, however you will need to take a risk by investing as soon as those properties become available and hope for the best, which is not precisely the most solid strategy when it comes to try to make money through investing. the thing with metaverse, everyone could make their own game which also equates to making their own land, the property literally could be made of thin air, you don't need to worry about not getting one if metaverse is really taking off, because if you don't have it in one specific game, just wait for another game, thas why i was quite pessimistic about investing in these so called digital real estate, because the supply never gonna be limited, after all its NFT which everyone could create. its far better investing in ordinary coin with their own blockchain with fixed total supply, more promising in the long run. compared with these so called digital real estate, the coin funnily enough, have significantly more value.
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Traderbtcc
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★Bitvest.io★ Play Plinko or Invest!
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October 20, 2023, 02:20:02 AM |
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It was more like a trend, tho people made a lot of money out of it during the NFT bull run but the long-term impact wasn't sustainable, all of the metaverse lands and properties aren’t worth much right now compared to when the NFT market was thriving. For me I wouldn’t advise anyone to invest heavily in digital estate except for making quick bucks buying early and selling at the top. For the long run it isn’t worth it.
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Abiky (OP)
Legendary
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www.Crypto.Games: Multiple coins, multiple games
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October 20, 2023, 11:16:06 AM |
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That can be replicated so many times. To be honest if the developers were just selling gimmick here. Those developers helped by the bullish trend to fool people to buy their shitty non reality real estate like land in the game. People were also very dumb to buy that shitty land. I don't know what to say but it's just matter till everything will worth nothing. We are facing crisis and this is even worst than before. Those people will not able to sell their land and they will be losing a lot of money cuz their stupidity to invest in the non valuable thing like virtual land. I wonder how long people will be realizing it. It took very long time for people to realize if their investment will worth nothing someday. It's crazy to see that.
Instead of "Digital Real Estate", they should change the name to "Virtual Estate". I honestly don't see how the hype will hold for long, when real estate is still one of the driving forces of the market. The new trend may be well ahead of its time. Just like NFTs and RWAs. Whenever we like these trends or not, there's no denying that this is the way of the future. Everything is pointing to that direction. AI, the metaverse, CBDCs, NFTs, RWAs, virtual estate, and quantum computing will pave the way towards a full-fledged digital society. The question is not "IF" but rather "WHEN" it will happen. I think it's going to take quite a few decades from now before this becomes a reality. I'd put my money where my mouth is by investing into promising projects with real utility. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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libert19
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October 20, 2023, 12:55:47 PM |
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I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong? Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I haven't used decentraland myself but have read about it and I am planning to dive in when I have got spare funds. It has value because it works pretty much like real one, and there is also aspect of profit that people speculate on. Being based on ethereum, it gives people sense of security on their assets. I found this post information explaining decentraland informative, you might too: https://influencermarketinghub.com/decentraland-real-estate/
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synchronym
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October 20, 2023, 01:50:25 PM |
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NFT To me it seems too risky to use it really has no reality. Maybe this investment is good for many but not so much for me. Honestly, I don't want to invest here, if I do, I will invest in poultry farm, it seems very easy to me. I think there is little risk if I put in a little effort or spend some time in poultry farms to see if I can profit from it.
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Kelvinid
Sr. Member
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win lambo...
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October 20, 2023, 02:18:26 PM |
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NFT To me it seems too risky to use it really has no reality. Maybe this investment is good for many but not so much for me. Honestly, I don't want to invest here, if I do, I will invest in poultry farm, it seems very easy to me. I think there is little risk if I put in a little effort or spend some time in poultry farms to see if I can profit from it.
We can't force ourselves to love and invest in crypto if we don't trust them either. Go what you think is right for you and your desires. Well, I could say that crypto investment is a choice, the same thing with the poultry farm. Though both carry some risk (whether it is too risky or not), still can manage it if we have passion and self-control. As we are talking about Digital Real Estate - I have to say that it is worth enough now( or even in the future). Why? Because we can just say it was worthy if it has a use case and a market role where we could think that it will grow.
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Dunamisx
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October 20, 2023, 02:56:42 PM |
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I've seen digital property being sold for thousands of dollars (USD) in Decentraland. I'm yet to understand why digital real estate is appalling to mainstream investors. Owning a virtual property is not the same as owning a real one. It's just like NFTs (through the form of digital art, items, etc.). It may be all hype that will eventually fade away into oblivion. Or maybe I'm wrong? Do you think digital real estate has a future? Is it worth it? If not, why? Your input would be greatly appreciated. Thank you very much. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I am a fan of real estate investment, but i don't know about digital real estate, instead of me going on for what i don't know much about, i will prefer going for bitcoin which everyone knows to be a digital decentralized currency, make my investment in it and have my coins in custody. It's better to go for the physical real estate which everyone knows and is common than digital real estate many aren't yet acquainted with.
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