Post
Topic
Board Bitcoin Discussion
Re: On Ordinals: Where do you stand?
by
franky1
on 22/05/2023, 09:38:50 UTC
Its only a fad, it will pass on its own...
Well, fads normally don't last only a couple of days. At least some weeks, and most of them a couple of months. But not more than half a year, normally.

BRC-20 and other small text-type transactions are already on a downward trend since at least a week, so they were probably a very short fad. The peak seems to have been May 7, with 314988 small text inscriptions. Now it went down to 200-240K per day. The reason that the total size of all inscriptions is still high seems to be that we see now a little bit more slightly bigger inscription transactions (probably NFTs) again.

all they want to do is create fads. its their business model. create a new hype, con idiots into handing over value. let the idiots realise its a scam. run off with victims money and restart new fad

its a fad because its only the crap creators spending tx fees to themselves and when they realise no one is buying because not everyone is an idiot they give up

the thing is they gave up when no one bought the jpeg memes and then tried brc-20.. now they realise brc-20 doesnt work so i guess they will try brc-70.. then next month brc-721 then july brc777 and then brc 1155.. and then and then