/biz/ - Business & Finance

[Anonymous No.55885185]

Serious question why are NTFs dead now
And when are they recovering? Where are all the nft traders

[Anonymous No.55885200]

>why
You... You're fucking serious?

[Anonymous No.55885210]

>>55885185
>everybody making fun of nft owners
>why are nfts dead?

[Anonymous No.55885924]

>>55885210
Everybody made fun of Bitcoiners too, and early investors are now Millionaires. Since when is shame a proper Argument. Is this thread on Reddit?

[Anonymous No.55885942]

>>55885185
>>55885924
>why won't people pay me $1MM for a jpeg

[Anonymous No.55885953]

>>55885185

nft jpegs were a proof of concept (albeit a retarded one since data was stored on ipfs)

>first collections were novel and popular
>covid helicopter money surges into jpegs
>eventually smart people dump
>retail left holding the bag

now that money is harder to come by and there are dead bodies of retail bagholders strewn everywhere the collective psyche realize that images no longer have any novelty and new things must be done in crypto

slowly the population learns more and more about the capabilities of bitcoin, unfortunately humans are so retarded this is going to take at least another 5-10 years before a huge chunk of young people abandon the legacy economy for a more crypto oriented future

[Anonymous No.55885971]

>>55885953
Makes sense, nfts were the cool new thing, now they are not anymore, but it seems to be correlated hard with general sentiment in crypto, or where did the early nfts trader go, they just are out or in the sidelines, waiting for a recovery, nfts will come back in a bull

[Anonymous No.55885979]

>>55885185
dead
>he doesn't know about sproto goyims

[Anonymous No.55885981]

>when are they recovering?

Sometime after tulipmania comes back.

>>55885953
>capabilities of bitcoin

Bitcoin doesn't have capabilities. It's pure speculation with the additional promise that nobody ever works out it was forked early on.

[Anonymous No.55885996]

Milady and Sproto going strong, but of course /biz/ will only talk about it once they reach stupid high valuations

[Anonymous No.55886016]

>>55885953
>slowly the population learns more and more about the capabilities of bitcoin, unfortunately humans are so retarded this is going to take at least another 5-10 years before a huge chunk of young people abandon the legacy economy for a more crypto oriented future
That's what we are looking forward to in the space, but I feel it will come by before that time if inflation keeps skyrocketing at this pace.


That's what we are looking forward to in the space, but I feel it will come by before that time if inflation keeps skyrocketing at this pace.

[Anonymous No.55886036]

>>55885981

depends what bitcoin you're talking about

>>55886016
are you an LLM?

[Anonymous No.55886038]

>>55885971
>nfts will come back in a bull
Probably the new one, but I see nothing really happening, no sentiment building, unlike DePIN, which has gotten a lot of attention and speculation.

[Anonymous No.55886094]

>>55886036
>are you an LLM?


Does he sound like one?
>>55885981
>Bitcoin doesn't have capabilities


Is the stock market really all that different from this?

[Anonymous No.55886105]

>>55885971
>were the cool thing
kek no. it was a humiliation ritual. celebrities spending a million dollars on a monkey jpeg when the rest of us can’t afford a home, food, and pay bills

[Anonymous No.55886132]

>Serious question why are NTFs dead now
Nobody cares about digitalized .jpeg owership
>And when are they recovering?
Never
>Where are all the nft traders
Either retired scamming people or killed themselves losing all their life savings

[Anonymous No.55886139]

>>55886094
no but the double post is weird

>>55886105
weren't celebs paid to pretend that they bought it to draw in more retail? kek

[Anonymous No.55886157]

>>55885185
they're basically digital pokemon cards, you get to wait for the next boom. or you get scammed buying buttfartnigger nft

[Anonymous No.55886192]

>>55886139
>no but the double post is weird
It's kind of weird, actually, but I feel it could be his keyboard that's messing with him. This is the outcome of using an outdated system. Regardless, what anon said seems valid. Or do you have a contrary opinion about that?

[Anonymous No.55886221]

>>55886132
No one cares. I feel the concept has evolved into a better concept with utilities. A good example is machine NFT, which is utilized by one of the most innovative DePIN solutions.

[Anonymous No.55886239]

>>55885185
US10Y > 2%

[Anonymous No.55886478]

>>55886221
Complete vaporware. Most jeet are lured to believe it will emerge as trend.

[Anonymous No.55886951]

>>55885185
NFTs ain't dead, just down like the whole crypto scene.
>And when are they recovering?
timing their moon is a tough game.
spotting a couple that pull in passive income is key, like I'm using Seekers NFT for Sylo network nodes.

[Anonymous No.55887151]

>>55885185
NFTs you mean Anons? I already bought Koripo NFt from GMdao studio using my CryptMI app.

[Anonymous No.55887185]

>>55885185
Stop listening to seething no ape havers. They are just jealous they don't have a ape.

[Anonymous No.55887202]

>>55886951
stupid j33t b0t

[Anonymous No.55887226]

If you need more than 5 words to explain what it is to a newcomer, then it’s a bad investment
>it’s an alternative, untraceable and highly available currency with high usage fees: bad
>it’s a picture but you only own the receipt. Other peope can copy it but in the books, it’s owned by you: bad

[Anonymous No.55887233]

>>55885185
>And when are they recovering

[Anonymous No.55887243]

>>55885185
I'm wondering what does DBI baggies and dev team is thinking now? Their scam was dead since the start when they wanted to focus on NFTs rather than the token itself
One "dev" is worth like $50 now
Oh nonononono

It's Joever

[Anonymous No.55887257]

>>55886951
>NFTs ain't dead

I think they are.

ICOs aren't a thing any more. Does anyone even remember what ICO are?

[Anonymous No.55887262]

>why are pictures of monkeys not valuable?
it's a mystery

[Anonymous No.55887654]

>>55886478
The DePIN narrative isn't just empty talk. If you read the articles on Peaq and Iotex, you'll gain a clear understanding of it kek.

[Anonymous No.55887660]

thread is bait

[Anonymous No.55887814]

>>55887243
>People unironically thought it was a chosen coin by cz himself
Crypto baggies are laughably gullible, it's kinda sad.

[Anonymous No.55887815]

>>55885185
>recovering
....bro you bough a picture of a monkey....

[Anonymous No.55887864]

>>55885185
I think pfp collections comeback, probably not hte same 10k pfp meta, but who knows
Main reasons being human psychology, as you do get the following shit:
>sense of belonging
private discord, think country club for the terminally online
>dabbing potential
having a 500k monke pfp on twitter means you have money, so plebs impressed and more likely to believe your shit takes
>you get free personality
if you have crypto punk, not only are you rich, but you are also an appreciator of avant garde art somehow. if you have a milady, people will assume you are an edgy autist, and a nakamigo tells others that you have a mental impairment
Anyway, we will probably see nft market come back when people rotate money from alts pumping

[Anonymous No.55887877]

>>55886478
Believe the move or not, poor Jeet, it doesn't really change anything. We had many that did well even in the bear market, and in the bull market it will be at another entire pace and momentum. I'm rooting for Peaq, Rndr, Fil, and IoTX in this light. Some of this project already has a real-time application utilizing its chain.

[Anonymous No.55887932]

did you know there are robust, fully-functioning NFTs on the XRP Ledger?