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so, #NFTs are in a "bubble"
but anything being priced properly for the first time based on a surge of new interest experiences bubbles
the question is how far will it go and how far would it crash
but IMO, many underestimate the degree to which "distribution" is occurring
but anything being priced properly for the first time based on a surge of new interest experiences bubbles
the question is how far will it go and how far would it crash
but IMO, many underestimate the degree to which "distribution" is occurring
collections which used to be much more concentrated in the hands of speculators are ending up in the hands of long-term collectors
many buy just a couple of pieces to be a part of history, and won't sell at any price really
meanwhile, the potential collector-base is growing
many buy just a couple of pieces to be a part of history, and won't sell at any price really
meanwhile, the potential collector-base is growing
so far, it's literally been a few hundred to a few thousand nerds playing with this stuff
some are foundational collections in an emerging art form & ownership model
as usual, many will miss the big picture
i count on it, so i can accumulate quality for my collection
some are foundational collections in an emerging art form & ownership model
as usual, many will miss the big picture
i count on it, so i can accumulate quality for my collection
and yes, there will be quite a lot of garbage produced and pumped over the next year
but IMO, you'd be a fool to dismiss the entire space for that reason
there will be collections which i have no doubt will gain massive artistic (and likely financial) appreciation over time
but IMO, you'd be a fool to dismiss the entire space for that reason
there will be collections which i have no doubt will gain massive artistic (and likely financial) appreciation over time
