So what you’re saying is this market was basically meant to fail after the initial sales

i just checked the data and this article is a f***ing lie. you don't have to think NFTs are the greatest coolest thing in the world or anything but don't lie

I won

new nft

thatll be $86,000

I’m never writing anything off again fr

Like yeah it sounds and looks stupid but why not take advantage of it

No, as far as i see:
opensea.io/collection/boredapeyachtclub?tab=activity
you can see the top collection still getting sales for $300k-400k in an out.

Market is down in general but will be back up in a while.

have to look at the volume in big marketplaces like opensea. But 10k active wallets per day still is pretty fine, also its only for the ethereum blockchain, there are other blockchains as well and their nft users

When you think nfts are the new big thing but Valve did it first

Crypto nerds lost

Ross is right, pull out some money

What reason is there to invest in NFTs at this point, outside of a promise like that?

per week.

1st: You bet on the artist to get big, while you buy their limited art for cheaper price while they are small

2nd: Investment and bet on appreciation which can happen quickly with nfts

Personally I wouldnt buy there 300-400k$ ones but try to snipe some promising artists work and let it appreciate

Lupe need to drop his next album & forget that nft s***

The technology is more promising than the way these hucksters were using it.

It’s so funny how many times this thread has been made only for the market to bounce back lmaooo

So this is entirely predicated on NFT artists blowing up

yep and fear of missing out and new technology boom and status symbol aspect etc. Its just digital art, some people be using NFTs in their home as art on special monitors.

This doesn’t seem like a market worth supporting in any way

Volatile, predicated on cultural fads that only grow more short lived, insecure, devoid of material function to secure asset value, and entirely niche