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Cryptocurrency discussions / Re: DeFi Polkadot and NFT interest reaches ATHs
« on: February 23, 2021, 06:47:25 AM »
I'm incredibly interested to know if popular NFT's minted now will become legendary items in 2030 or so. Will cryptopunks sell for 10000 ETH each? If indeed that is the future, if an NFT you buy now for 1 ETH at today's value is worth 100 ETH in 2030 value, who knows how much a single NFT could be worth?
Because if that's the case (and we don't know if that's the case; who knows the future?), then NFT's could right now be one of the greatest investments that nobody is really thinking about.
If you can display NFT's in virtual realities a decade for now and people can see what year they were minted and their value keeps rising (again, I don't know!)... game over man... the people with the old, valuable NFT's are gonna be the new digital oil barons.
I'm starting to think that these NFT's being bought for >10 ETH aren't such a wild purchase after all. Buy for $17500 today, sell for a MILLION in 2025-2030. And the things have intrinsic value to the human spirit, so even if you don't make a MASSIVE profit you still have something that is yours.
Even someone with not a lot of ETH who is just mining casually on a gaming computer with his RTX 3070 or whatever will eventually reach 0.10 ETH. Imagine someone invests in precisely the right NFT, waits ten years, sells for half a million.
Fucking crazy world, man. I don't know what's going to happen. I've seen some people laugh at these NFT collectors on twitter, but who will have the last laugh I wonder. I suppose they laughed at people buying bitcoin in the early days, didn't they.
Because if that's the case (and we don't know if that's the case; who knows the future?), then NFT's could right now be one of the greatest investments that nobody is really thinking about.
If you can display NFT's in virtual realities a decade for now and people can see what year they were minted and their value keeps rising (again, I don't know!)... game over man... the people with the old, valuable NFT's are gonna be the new digital oil barons.
I'm starting to think that these NFT's being bought for >10 ETH aren't such a wild purchase after all. Buy for $17500 today, sell for a MILLION in 2025-2030. And the things have intrinsic value to the human spirit, so even if you don't make a MASSIVE profit you still have something that is yours.
Even someone with not a lot of ETH who is just mining casually on a gaming computer with his RTX 3070 or whatever will eventually reach 0.10 ETH. Imagine someone invests in precisely the right NFT, waits ten years, sells for half a million.
Fucking crazy world, man. I don't know what's going to happen. I've seen some people laugh at these NFT collectors on twitter, but who will have the last laugh I wonder. I suppose they laughed at people buying bitcoin in the early days, didn't they.