Ok NFTs are nice and fun and we have seen a growth during the last months/years.
but the market has no limit, and prices are out of any logic!
I am not sure if all of these items sold for thousands and thousands of USD will have the same high value after 5-10 years.
Take as example CryptoKitties, most of them have literally no value despite were sold or created for "real" money.
Most of users have tons of kitties that have no interest or value....
What are your thoughts about NFTs?
When it comes to collectibles, have you ever seen prices that you would say follow a certain logic? I must say I didn't. There are things out there that get collected which I wouldn't even deem a collectible in the first place, and if you then hear that people are paying thousands or maybe even hundreds of thousands of dollars a piece, where is the logic? NFTs will partly be very similar. Especially the collectible section won't follow any logic the same way art often doesn't follow any logic. The logic is set by supply and demand. If someone is willing to pay 400 million for a piece of art, then that is the logic.