Buy BTC sold for 16 BTC-1 mil USD

[Miles2006]

But at this time there is to much crap being created and to many collections of just some dumb shit etc

Just too much of it especially for NFTs
I've been thinking about what could be next highly  priced items
Maybe an Art of  the first commercial  transaction  that made btc well known till today.... The Pizza BTC art could  be made in a dynamic way  

In the future more painting and more artwork from Bitcoin will certainly come up and people will spend reasonable amount of money in just having it for themselves. The other day, kylian Mbappé spent a whooping sum of £520,000 for a painting of king pele of Brazil. https://www.getfootballnewsfrance.com/2024/kylian-mbappe-spends-e520000-on-a-painting-of-pele/
As time goes on, people will always spend good amount of money for something they have passion for or can identify their passion with. You and I can actually put up a nice painting of Bitcoin logo that can be eye capturing with all the aesthetics, and we decide to auction it online for people to bid for it, don't be surprised we will see somebody that will be ready to spend a fortune just to get that piece of artwork in his house.

It’s obvious people get attracted to what they love and want but I don’t see myself spending a huge amount buying what’s not valuable or what will not yield profit within a long period of time. Let’s just say wealthy people will buy without looking at the price tag or the value but we should not expect everyone to do same like buying a low value stuff with a huge amount of money.

[Cossyblack]

But at this time there is to much crap being created and to many collections of just some dumb shit etc

Just too much of it especially for NFTs
I've been thinking about what could be next highly  priced items
Maybe an Art of  the first commercial  transaction  that made btc well known till today.... The Pizza BTC art could  be made in a dynamic way  

In the future more painting and more artwork from Bitcoin will certainly come up and people will spend reasonable amount of money in just having it for themselves. The other day, kylian Mbappé spent a whooping sum of £520,000 for a painting of king pele of Brazil. https://www.getfootballnewsfrance.com/2024/kylian-mbappe-spends-e520000-on-a-painting-of-pele/
As time goes on, people will always spend good amount of money for something they have passion for or can identify their passion with. You and I can actually put up a nice painting of Bitcoin logo that can be eye capturing with all the aesthetics, and we decide to auction it online for people to bid for it, don't be surprised we will see somebody that will be ready to spend a fortune just to get that piece of artwork in his house.

As an average man I would always buy things that I have passion for as long as I can afford it. I wouldn't blame kylian Mbappe for Spending such a huge amount of  money for a drawing, the painting remind him of an old friend that he honors so much.  Sometimes I don't blame the rich folks the way they spend their money,what's is the essence for been rich and wealthy if you can't spend extravagantly  for things you love and desire to have.

[Troytech]

But at this time there is to much crap being created and to many collections of just some dumb shit etc

Just too much of it especially for NFTs
I've been thinking about what could be next highly  priced items
Maybe an Art of  the first commercial  transaction  that made btc well known till today.... The Pizza BTC art could  be made in a dynamic way  

I think in Digital art it just needs to separate it selves from the just ordinary dumb drawing images...

For example some kind of art work with a kind of utility like a brand new Pokemon card game with a decentralised distribution of card selling.
if someone would be able setting up an online shop code created with the same kind of RL cards... just the booster boxes, card packages but where no one knows which card are in the packs. When someone buys it its a surprise for everyone what comes out. Then creating a kind of space where we can play/fight with those cards and winning other peoples card or winning some points or a which can be valuable for something else... or By winning making the card more unique as it was before increasing its value or ...... Just an example ...
But main thing is each packet bought must be unknown whats in it and every card has its unique code for its owner, I mean many ways to set something up. but it must be flawless and perfectly worked out to separate it selves and to be unique. Not that it must be pokemon, just an idea of something that could create an online value space for some NFT-online Art kinda thing.

Something like this already exists, in the early history of play to earn games many companies used this model for thier games, I did some research and one that best fits what you described here would be Axie Infinity,

 In the game Players collect and mint non-fungible tokens (NFTs) which represent axolotl-inspired digital pets known as Axies.These creatures can be bred and battled with each other within the game.Sky Mavis charges a 4.25% fee to players when they trade Axies on its marketplace. I can't go into much details about them but this is a link to read yourself https://en.m.wikipedia.org/wiki/Axie_Infinity.

They had an estimate of over 2.5 million active daily players.

Although this company later faced series of loses from hackers losing a whiping fortune of 620 million $ to a hacking group named Lazarus group, I really feel bad cause a lot of people were already adopting it as a side hustle to make money, it was very lucrative and intresting to play at once, although i never tried it myself.

I guess I should put in a picture

[Pi-network314159]

In crypto-BTC related stuff i'm curious which will be the next highly priced items (only the exectional stuff) if something comes up you can always share it here...

I was thinking, you know bitcoin has an original logo before someone else designed this new logo anonymously, you can check that out in bitcoin history.

The original logo was BC engraved on a coin.



But i think it would be best as an overpriced Nft

What do you think?

I think this was not the only logo bitcoin has used according to research bitcoin also use another logo before the new logo was used and this was it.


To learn more about bitcoin logo history you can click here to learn more The Bitcoin Logo: Backstory and Symbolism do you know that the current bitcoin logo we use today was designed by a forum user nickname Bitboy who redisigned the formal logo to the latest one we all are using today and was used by Satoshi Nakamoto.

[Barikui1]

But at this time there is to much crap being created and to many collections of just some dumb shit etc

Just too much of it especially for NFTs
I've been thinking about what could be next highly  priced items
Maybe an Art of  the first commercial  transaction  that made btc well known till today.... The Pizza BTC art could  be made in a dynamic way  

In the future more painting and more artwork from Bitcoin will certainly come up and people will spend reasonable amount of money in just having it for themselves. The other day, kylian Mbappé spent a whooping sum of £520,000 for a painting of king pele of Brazil. https://www.getfootballnewsfrance.com/2024/kylian-mbappe-spends-e520000-on-a-painting-of-pele/
As time goes on, people will always spend good amount of money for something they have passion for or can identify their passion with. You and I can actually put up a nice painting of Bitcoin logo that can be eye capturing with all the aesthetics, and we decide to auction it online for people to bid for it, don't be surprised we will see somebody that will be ready to spend a fortune just to get that piece of artwork in his house.

It’s obvious people get attracted to what they love and want but I don’t see myself spending a huge amount buying what’s not valuable or what will not yield profit within a long period of time. Let’s just say wealthy people will buy without looking at the price tag or the value but we should not expect everyone to do same like buying a low value stuff with a huge amount of money.

So far so good, in the little knowledge I have gathered, I don't think this is just about attraction, remember that I have said it earlier that the rich thinks differently from an average person, so in this case, is either they sees opportunities that we aren't seeing right now or they just want to flex their financial muscle just to show off, and in doing so, they are very much confident that they wouldn't run loss, because if they feel it's no longer beneficial to them, they just sell it off to another guy crazy fellow, just to recover back their money.

And another thing that we just need to know is that the rich mostly care of their happiness, not how much they are actually spending, because having money is just a normal thing to them, so they don't rate money that much the way an average person does, so in essence of all this is that they are either doing it for their happiness, ego or they sees opportunities that we are not seeing now, so it definitely boils down to any of these.

[El duderino_]

But at this time there is to much crap being created and to many collections of just some dumb shit etc

Just too much of it especially for NFTs
I've been thinking about what could be next highly  priced items
Maybe an Art of  the first commercial  transaction  that made btc well known till today.... The Pizza BTC art could  be made in a dynamic way  

I think in Digital art it just needs to separate it selves from the just ordinary dumb drawing images...

For example some kind of art work with a kind of utility like a brand new Pokemon card game with a decentralised distribution of card selling.
if someone would be able setting up an online shop code created with the same kind of RL cards... just the booster boxes, card packages but where no one knows which card are in the packs. When someone buys it its a surprise for everyone what comes out. Then creating a kind of space where we can play/fight with those cards and winning other peoples card or winning some points or a which can be valuable for something else... or By winning making the card more unique as it was before increasing its value or ...... Just an example ...
But main thing is each packet bought must be unknown whats in it and every card has its unique code for its owner, I mean many ways to set something up. but it must be flawless and perfectly worked out to separate it selves and to be unique. Not that it must be pokemon, just an idea of something that could create an online value space for some NFT-online Art kinda thing.

Something like this already exists, in the early history of play to earn games many companies used this model for thier games, I did some research and one that best fits what you described here would be Axie Infinity,

 In the game Players collect and mint non-fungible tokens (NFTs) which represent axolotl-inspired digital pets known as Axies.These creatures can be bred and battled with each other within the game.Sky Mavis charges a 4.25% fee to players when they trade Axies on its marketplace. I can't go into much details about them but this is a link to read yourself https://en.m.wikipedia.org/wiki/Axie_Infinity.

They had an estimate of over 2.5 million active daily players.

Although this company later faced series of loses from hackers losing a whiping fortune of 620 million $ to a hacking group named Lazarus group, I really feel bad cause a lot of people were already adopting it as a side hustle to make money, it was very lucrative and intresting to play at once, although i never tried it myself.

I guess I should put in a picture

Ah cool never seen before...


But I do think a game or something like it could create a collectible kind of world were people could be in for...

it just need some random distribution etc

[Troytech]

But at this time there is to much crap being created and to many collections of just some dumb shit etc

Just too much of it especially for NFTs
I've been thinking about what could be next highly  priced items
Maybe an Art of  the first commercial  transaction  that made btc well known till today.... The Pizza BTC art could  be made in a dynamic way  

I think in Digital art it just needs to separate it selves from the just ordinary dumb drawing images...

For example some kind of art work with a kind of utility like a brand new Pokemon card game with a decentralised distribution of card selling.
if someone would be able setting up an online shop code created with the same kind of RL cards... just the booster boxes, card packages but where no one knows which card are in the packs. When someone buys it its a surprise for everyone what comes out. Then creating a kind of space where we can play/fight with those cards and winning other peoples card or winning some points or a which can be valuable for something else... or By winning making the card more unique as it was before increasing its value or ...... Just an example ...
But main thing is each packet bought must be unknown whats in it and every card has its unique code for its owner, I mean many ways to set something up. but it must be flawless and perfectly worked out to separate it selves and to be unique. Not that it must be pokemon, just an idea of something that could create an online value space for some NFT-online Art kinda thing.

Something like this already exists, in the early history of play to earn games many companies used this model for thier games, I did some research and one that best fits what you described here would be Axie Infinity,

 In the game Players collect and mint non-fungible tokens (NFTs) which represent axolotl-inspired digital pets known as Axies.These creatures can be bred and battled with each other within the game.Sky Mavis charges a 4.25% fee to players when they trade Axies on its marketplace. I can't go into much details about them but this is a link to read yourself https://en.m.wikipedia.org/wiki/Axie_Infinity.

They had an estimate of over 2.5 million active daily players.

Although this company later faced series of loses from hackers losing a whiping fortune of 620 million $ to a hacking group named Lazarus group, I really feel bad cause a lot of people were already adopting it as a side hustle to make money, it was very lucrative and intresting to play at once, although i never tried it myself.

I guess I should put in a picture

Ah cool never seen before...


But I do think a game or something like it could create a collectible kind of world were people could be in for...

it just need some random distribution etc

Random distribution would play an Important role in the game, so that getting unique nfts would be based on luck but I think it also needs a well functional marketplace for those nfts to be traded, and that was one major challenge that Axie Infinity faced, they has to depend on a inflow of new comers for their system to be fully functional.

Anyway I think the world of NFTs and gaming us still under development and not too long we would have a very cool game where people could earn or mint nfts and earn cool cash.

[laijsica]

Had a few worths on this auction and like to expand the discussion...

What do we think about it and are there many other moments which created a historical piece that could provide high prices in BTC or FIAT terms?
And with what kind of others pieces can we compare a piece like this one..

I think the contribution of certain historical moments to the present and the future is mixed with opportunities, especially investment opportunities and inspiration. These are the moments that inspired Bitcoin evolution and its massive market today and in the future. Actually 16 Bitcoin seems like a lot but of course there could be many factors behind it. It is not just a piece of paper it is one of the historical moments which I am pretty sure will increase in value in the future. The significance of this can certainly help provide investors with insight to better navigate large assets like Bitcoin.

[Zackz5000]

In terms of BTC I don’t think there is a lot of profit in the future

I will say it depends on how much amount of BTC or the quantity of Bitcoin and investor was able to stack or store for a Long period of time that will determine how much profit he could make . Bitcoin investment is best profitable in the future. When an investor don't have a good stash of Bitcoin in his portfolio even if he was able to hodl for long I think that is when the profit gotten with be enough. So most investor aim is to gather a good quantities of Bitcoin and hodl for longer period of time before thinking of taken the profit.

[bitgolden]

Rich people really do not know how to spend their money, I mean why would you want to buy something like this? I get that it's bitcoin history, but it is not even that much of a big history of bitcoin at all. In fact, I would say that buying this for a million dollars is a bigger history of bitcoin then the paper itself, doesn't really make sense to me that it would be something this big and I would say anything more than one bitcoin is way too much for this.

I am not saying that I would pay that much, I know that it won't and the resell value of this is nothing, I am just saying even if I had billions, the most I would pay for this would be just one bitcoin and nothing more than that, it doesn't really make sense otherwise.

[promise444c5]

But at this time there is to much crap being created and to many collections of just some dumb shit etc

Just too much of it especially for NFTs
I've been thinking about what could be next highly  priced items
Maybe an Art of  the first commercial  transaction  that made btc well known till today.... The Pizza BTC art could  be made in a dynamic way  

I think in Digital art it just needs to separate it selves from the just ordinary dumb drawing images...

For example some kind of art work with a kind of utility like a brand new Pokemon card game with a decentralised distribution of card selling.
if someone would be able setting up an online shop code created with the same kind of RL cards... just the booster boxes, card packages but where no one knows which card are in the packs. When someone buys it its a surprise for everyone what comes out. Then creating a kind of space where we can play/fight with those cards and winning other peoples card or winning some points or a which can be valuable for something else... or By winning making the card more unique as it was before increasing its value or ...... Just an example ...
But main thing is each packet bought must be unknown whats in it and every card has its unique code for its owner, I mean many ways to set something up. but it must be flawless and perfectly worked out to separate it selves and to be unique. Not that it must be pokemon, just an idea of something that could create an online value space for some NFT-online Art kinda thing.

Something like this already exists, in the early history of play to earn games many companies used this model for thier games, I did some research and one that best fits what you described here would be Axie Infinity,

 In the game Players collect and mint non-fungible tokens (NFTs) which represent axolotl-inspired digital pets known as Axies.These creatures can be bred and battled with each other within the game.Sky Mavis charges a 4.25% fee to players when they trade Axies on its marketplace. I can't go into much details about them but this is a link to read yourself https://en.m.wikipedia.org/wiki/Axie_Infinity.

They had an estimate of over 2.5 million active daily players.

Although this company later faced series of loses from hackers losing a whiping fortune of 620 million $ to a hacking group named Lazarus group, I really feel bad cause a lot of people were already adopting it as a side hustle to make money, it was very lucrative and intresting to play at once, although i never tried it myself.

I guess I should put in a picture

Ah cool never seen before...


But I do think a game or something like it could create a collectible kind of world were people could be in for...

it just need some random distribution etc

Hmm make sense... something  like a  virtual  collection to physical collection.
The randomness(by selection or distribution) and surprise could be made virtual then the physical  collection could be packed and distributed  each  with a collection  ID .... I don't  know if I'm  on point  here.

[Promocodeudo]

Rich people really do not know how to spend their money, I mean why would you want to buy something like this? I get that it's bitcoin history, but it is not even that much of a big history of bitcoin at all. In fact, I would say that buying this for a million dollars is a bigger history of bitcoin then the paper itself, doesn't really make sense to me that it would be something this big and I would say anything more than one bitcoin is way too much for this.

I am not saying that I would pay that much, I know that it won't and the resell value of this is nothing, I am just saying even if I had billions, the most I would pay for this would be just one bitcoin and nothing more than that, it doesn't really make sense otherwise.

Rich people do things to their standard, you may see it as reckless spending but most times they do things with information and Believe that it can be valuable in the future, the value of every asset is as a result of individual force which is the market for in reality, no one knows what the future holds, we never can tell what will become of this paper in the future, this paper may become one of the most valued asset, the amount that was used to purchase this paper may look outrageous but you should also know that this may give individuals reason to buy this paper too before you know it there will be more interested individuals in the system, I know that different people have perception about things but I don't think this paper is money laundering in disguise, I just believe that there is another form of investment coming soon.
If you won't pay much for this as you said, what if you wake up one morning and hear that this stuff has pumped in price won't you regret it, values are added to thing by humans for that reason every sellable item is an asset.

[Dailyscript]

Rich people really do not know how to spend their money, I mean why would you want to buy something like this? I get that it's bitcoin history, but it is not even that much of a big history of bitcoin at all. In fact, I would say that buying this for a million dollars is a bigger history of bitcoin then the paper itself, doesn't really make sense to me that it would be something this big and I would say anything more than one bitcoin is way too much for this.

I am not saying that I would pay that much, I know that it won't and the resell value of this is nothing, I am just saying even if I had billions, the most I would pay for this would be just one bitcoin and nothing more than that, it doesn't really make sense otherwise.

Before the rich would spend money on digital art or something we see less is because value was giving to it. The digital marketers would always say you can sell anything to anyone as long as that thing has value. If we go to recreational places and center our attention in the art area we would notice or see sculptures, paintings, artifacts and lots of objects. The poor sees those objects as normal things but the rich sees them as precious and valuable objects. They can spend 5 million dollars on such object and because if his personality he can resell that object for an amount three time the actual amount. And we may wonders why? Yes, for buying the object his reputation has giving it more value that is why whoever next that is buying it would consider it valuable and would want to pay higher for it.

[MRY]

Rich people really do not know how to spend their money, I mean why would you want to buy something like this? I get that it's bitcoin history, but it is not even that much of a big history of bitcoin at all. In fact, I would say that buying this for a million dollars is a bigger history of bitcoin then the paper itself, doesn't really make sense to me that it would be something this big and I would say anything more than one bitcoin is way too much for this.

I am not saying that I would pay that much, I know that it won't and the resell value of this is nothing, I am just saying even if I had billions, the most I would pay for this would be just one bitcoin and nothing more than that, it doesn't really make sense otherwise.

For those who buy Bitcoin with that amount of money, this is quite courageous, because basically Bitcoin is a digital currency that does not have a physical form and has a very high risk which could result in the assets we own being lost if not used. take care of it well and correctly. But the benefits offered from Bitcoin are also very large because basically Bitcoin still has the opportunity to become very expensive more than this.

[teamsherry]

Rich people really do not know how to spend their money, I mean why would you want to buy something like this? I get that it's bitcoin history, but it is not even that much of a big history of bitcoin at all. In fact, I would say that buying this for a million dollars is a bigger history of bitcoin then the paper itself, doesn't really make sense to me that it would be something this big and I would say anything more than one bitcoin is way too much for this.

I am not saying that I would pay that much, I know that it won't and the resell value of this is nothing, I am just saying even if I had billions, the most I would pay for this would be just one bitcoin and nothing more than that, it doesn't really make sense otherwise.

For those who buy Bitcoin with that amount of money, this is quite courageous, because basically Bitcoin is a digital currency that does not have a physical form and has a very high risk which could result in the assets we own being lost if not used. take care of it well and correctly. But the benefits offered from Bitcoin are also very large because basically Bitcoin still has the opportunity to become very expensive more than this.

It doesn't require much courage to but bitcoin, beside bitcoin is one of the best asset in the world right now and all those that have gotten in are still blind or haven't realised that bitcoin is a better store of value and currency that faits, I Don't want to dive into all the importance and difference between both of them

[Cossyblack]

Rich people really do not know how to spend their money, I mean why would you want to buy something like this? I get that it's bitcoin history, but it is not even that much of a big history of bitcoin at all. In fact, I would say that buying this for a million dollars is a bigger history of bitcoin then the paper itself, doesn't really make sense to me that it would be something this big and I would say anything more than one bitcoin is way too much for this.

I am not saying that I would pay that much, I know that it won't and the resell value of this is nothing, I am just saying even if I had billions, the most I would pay for this would be just one bitcoin and nothing more than that, it doesn't really make sense otherwise.

I agree with you that rich people spend money recklessly but we still have rich folks that channels their money/wealth wisely into meaning things,meaning things like investing on Projects that will create employments, Donating huge amount of money to the vulnerable/Charity homes,contribute immensely to community development.

The rich folk that splashes a million dollars on a piece of bitcoin paper might look like a reckless spender but you should also know that our ways of seeing things are different. I don't thing he would buy that piece paper if its not valuable,that piece of paper he bought can appreciate in values and can be sold in the future twice the amount it  was bought.

[Dunamisx]

Rich people really do not know how to spend their money, I mean why would you want to buy something like this? I get that it's bitcoin history, but it is not even that much of a big history of bitcoin at all. In fact, I would say that buying this for a million dollars is a bigger history of bitcoin then the paper itself, doesn't really make sense to me that it would be something this big and I would say anything more than one bitcoin is way too much for this.

I am not saying that I would pay that much, I know that it won't and the resell value of this is nothing, I am just saying even if I had billions, the most I would pay for this would be just one bitcoin and nothing more than that, it doesn't really make sense otherwise.

I agree you that rich people spend money recklessly but we still have rich folks that channels their money/wealth wisely into meaning things,meaning things like investing on Projects that will create employments, Donating huge amount of money to the vulnerable/Charity homes,contribute immensely to community development.

The rich folk that splashes a million dollars on a piece of bitcoin paper might look like a reckless spender but you should also know that our ways of seeing things are different. I don't thing he would buy that piece paper if its not valuable,that piece of paper he bought can appreciate in values and can be sold in the future twice the amount it  was bought.

Maybe its because we are not rich to a certain extent whereby our thinking and mentality will be obviously different from others, if you had known the brain behind what makes the rich maintain their wealth, then you will also discover that there kind of decision on this is not weird at all, first of all you will have to agree with me that this is also a means of making an investment, not only that, we are considering bitcoin in this stance, which is believed to have a lot of future benefits and prospects ahead of time, all these are what the rich foresee and use in making decision on making an investment not minding at the present cost, but setting priority at what the future tends to offer after they have invested and hodl.

[dezoel]

Something like this already exists, in the early history of play to earn games many companies used this model for thier games, I did some research and one that best fits what you described here would be Axie Infinity,

 In the game Players collect and mint non-fungible tokens (NFTs) which represent axolotl-inspired digital pets known as Axies.These creatures can be bred and battled with each other within the game.Sky Mavis charges a 4.25% fee to players when they trade Axies on its marketplace. I can't go into much details about them but this is a link to read yourself https://en.m.wikipedia.org/wiki/Axie_Infinity.

Axie infinity was "basically" pokemon, they couldn't put the names there, but that's what they set out to do, in a trademark avoiding manner. It wasn't that bad, there were limited numbers of certain axies, and the only way to make it was breeding, which meant that you get to spend your earnings if you want to breed and have more, which meant that the token supply didn't go that high.

But that unfortunate hacking made people not continue with the game and just completely withdraw, meaning nobody breed, and the few who did couldn't find any players to sell to, which dropped the prices and of course everything went to hell after that. Hacking and hackers are the number one trouble in the crypto world, they always ruin everything that is fun.

[STT]

BC was also the acronym for a POS coin made in about 2014 I think, I used to trade and stake it all the time also known as BLK.   I dont think I can remember BTC ever being traded as BC for as long as Ive been on exchanges but I might have missed it.

People will always go after collectibles and try to buy something they think will accumulate value for that idea of rare.   I only personally rate the useful items that might also happen to be rare, I guess classic cars are still a nonsense price despite in theory being a practical useful product also.

The true definition for prices without distortion is productivity, if you gain more then you lose by buying something then this item has true worth beyond its price tag.   You have the proverbial golden goose, in theory that is what capitalism is about and money is just about allowing the reliable capitalization of good ideas/products throughout the world.

Price tags are not value they are just labels trying to describe and balance supply vs demand at this precise time on the day, its a given the price tag is never perfectly balanced or accurate.  The product value even with BTC pricing is something we must strive to describe better then just todays price.

[Agbamoni]

Rich people really do not know how to spend their money, I mean why would you want to buy something like this? I get that it's bitcoin history, but it is not even that much of a big history of bitcoin at all. In fact, I would say that buying this for a million dollars is a bigger history of bitcoin then the paper itself, doesn't really make sense to me that it would be something this big and I would say anything more than one bitcoin is way too much for this.

I am not saying that I would pay that much, I know that it won't and the resell value of this is nothing, I am just saying even if I had billions, the most I would pay for this would be just one bitcoin and nothing more than that, it doesn't really make sense otherwise.

I agree with you that rich people spend money recklessly but we still have rich folks that channels their money/wealth wisely into meaning things,meaning things like investing on Projects that will create employments, Donating huge amount of money to the vulnerable/Charity homes,contribute immensely to community development.

The rich folk that splashes a million dollars on a piece of bitcoin paper might look like a reckless spender but you should also know that our ways of seeing things are different. I don't thing he would buy that piece paper if its not valuable,that piece of paper he bought can appreciate in values and can be sold in the future twice the amount it  was bought.

I disagree with you here! Many wealthy individuals are true investors, and they approach digital arts and collectibles as an investment. Depending on the wealthy individual, they see them as a way to diversify their investment portfolio beyond traditional assets and Bitcoin. In as much as there are potential in any investment, they belief digital assets have long term potential to appreciate. While some are them are naturally into arts entirely. Their passion for art drives them so crazy that they would search for digital art or local arts to buy it as they are rich. What am trying to say here is that people interest in digital arts and collectibles varies, and their reasons for buying them is best known to them. Some potential gains with time after they must have sold it while some for beautification and making their castle look expensive.