Disclaimer.
I’m not Nft financial adviser
Well when next boom for nfts
I don’t know
Depending on the market conditions
Disclaimer.
I’m not Nft financial adviser
Well when next boom for nfts
I don’t know
Depending on the market conditions
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
There was a time, no one checked utility ooh bro it was based on hype
It’s like Ponzi scheme early birds get rich and dump on late comers
Oh thank you good to know
Even with fungible tokens, some are based on hype. Hope you remember dogecoin bull run
Dogecoin bull run was parabolic
Hahahaha😂 that was when I believed this crypto space can be controlled by few people
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
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
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
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
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
brother we have been here for years now so the experience is more
Personally I was a mod in one tron Nft group, bro it wasn’t easy:joy:
We bought jpegs
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
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
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
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