Quote from: Kryptowerk on July 19, 2023, 08:37:02 PM

Quote from: DooMAD on July 18, 2023, 05:32:01 PM

Objectively, based on utility, they have a value of zero.

Subjectively, based on how someone feels about them, that's down to the individual. But still zero for me, personally.

If what you're inscribing doesn't represent something tangible, it's probably worthless in my view.

Quote from: Bulista on July 18, 2023, 03:53:03 PM

Also a bitmap with the number 999999 will have a higher value then a common number like 718291, so yes I think they can be valued by the rarity of their numbers.

What the hell kind of math did they teach you in school? Mathematically speaking, if you list every number in order, without repeats, then every number is equally common. They will all appear once and once only. '718291' won't appear more often than '999999'. It's all just a lame attempt to sell junk to idiots.

Clear words on a clear topic.
Even though I don't think something needs utility to have value. But then again, it also depends on the definition of utility. The utility of art can be up to debate, but the value of *some* *real* art (whatever that means) cannot be debated imho.

Art can be created out of almost anything. Yes, even ordinals could be used to create art.
But as long as people love to speculate that some sheep may be willing to pay more than themselves for something as un-creative as number like 999999 or whatever, you won't need real art to fuel the market.
So right now, it's nothing more than a ponzi-like hype-train - as long as more people jump on without derailing that thing completely, it's all fun and games. In the end, a few will have profited from the gullibility of many, and many will have lost some substancial amounts of money and own a bunch of digital-void as compensation.

In 1,000,000 numbers there are 45 repeating numbers, like 444, 111, 9999, 999999.

Same like numbers ending with 0 like 1000, 200000, 400000, they are also 45.

The direction the market is taking is clearly overvaluing these kind of rare numbers.

Now why people are perceiving these numbers as rare numbers that’s another story, perhaps because of the laziness of how the human brain works? It takes less brain processing power to read a number like 999999 than a number like 181735.

I don’t see this as art to be honest but something else: there are countries that have markets for car number plates, some numbers go to insane prices, and the same rules that apply in that market seem to apply on the bitmap market as well. Is that art? I don’t think so, people just want to be unique or show off something, not all collectables are art, uniqueness is not art. But uniqueness has a price.

A number like 999999 is unique in human terms, not in mathematical terms. This market is human.

Reference: https://www.firstpost.com/explainers/most-noble-numbers-why-the-car-number-plate-p7-became-the-worlds-most-expensive-12437422.html#