NFTs still the future?

Disclaimer.

I’m not Nft financial adviser

Well when next boom for nfts
I don’t know

Depending on the market conditions

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My simple answer to the difficulty in secondary Nft sale
Is that.

When the Nft is not utility driven, meaning no special reason to buy or trade the Nft
Then secondary sell become a problem

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There was a time, no one checked utility ooh bro :joy::joy::joy: it was based on hype

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It’s like Ponzi scheme :joy::joy::joy: early birds get rich and dump on late comers

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Oh thank you good to know

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Even with fungible tokens, some are based on hype. Hope you remember dogecoin bull run

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Dogecoin bull run was parabolic :joy:

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Hahahaha😂 that was when I believed this crypto space can be controlled by few people

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Hahahha
I recalled those days
It’s not too far from memory

The hype was like signature for the whales and the richer handing doing Nfts

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Lols
I knew this some time ago

If group of rich hands or whales
Collectively pump Nft or CRYPTO

The have away of taking Thier massive profit
While we suffering with our small funds

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Yeah but when our eyes opened, we begin to ask for utility but an artist will tell you I sold an art to you. Adding utility is a plus but not a must but that will be after selling out :joy:

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Exactly the decentralized we are looking for you, there should be an amount of tokens a person could hold to check this but this isn’t possible. so we will call it decentralized but in real life it isn’t so

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Hahahahah

Seems you talking from experience
.you know hype first make way for sales
After your mint or buy

Without any more of other benefits
You began to ask for purpose of holding?
Why you bought or minted?

When you can’t find answers
You procced to list it for secondary sales

That is when the journey begins

:joy::joy::joy::joy: brother we have been here for years now so the experience is more :joy::joy:

Personally I was a mod in one tron Nft group, bro it wasn’t easy​:joy::joy::joy:

We bought jpegs :joy::joy::joy:

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Sometimes we learn the hard way but it has been helpful. Day in and day out, I get calls and DMs. People want to learn about crypto and through these experiences it makes it easier for me. And for me I will tell you what it is and tell you what the future holds for crypto. No sugar coating

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This is another form of concern.

There was a time I asked
Of Decentralized system in Cryto is really decentralized

Example I can decide to buy 50% of BTC available coin
(If I have capacity to)

Then imagine the effect I will do to the market .if I sell off
At once.

I think that will be were regulations will come in
As to regulate holding capacity of Each individual address?

But is it really possible???

Hahaha I love the last line
No sugar coating.

Some will sugar coat to newbies
JUST TO SELL THIER USELESS TOKEN OR NFTS TO THEM

with high hope of if the newbies hold
They will be in lambo

Still part of experience for the newbies

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Not possible especially in some countries
I can create a lot of wallets and addresses.
In the states, all exchanges they used you need to do kyc so it may be easy there to check but still I don’t think it will be possible there too

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Lols

I totally understand that feelings
Of buying JPEG file for some Eth,
Or thousands of Tron

I was just in watchmode like I’m missing out

I totally saw nfts boom then to be flaunting of wealth
By the whale and richer hands

You know that’s why newbies fall for scams, invest 10$ and in two weeks time you will get 200$.

Somebody has already told him or her in crypto it is easy to make money so when he or she sees this, no second thought and he will go ahead to invest

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