What happened to Udi Werthimer? Why does he look as though he "hates" Bitcoin?
Good question... For as long as I've been on Twitter he's just been trolling maximalists and core devs. It seems some of the major podcasters really upset him... but its all pretty ridiculous & unsubstantial influencer-ing.
They're not even doing anything with the BRC-20 tokens, they're just minting them because somebody like Leonidas told them to. The only real winner here is the service, and those who have a stake in the success of the service.
Much like the jpeg inscriptions, this is 100% hype driven and will not last.
https://cointelegraph.com/news/bitcoin-ordinals-nft-trading-volume-tanks-98-since-may-dappradarwould you agree with that article? it seems about right what i would have expected.
It seems to contradict the previous article you posted, which was written almost a week later, but it is more in line with the reality of how things are playing out (IMO). Turns out having an image "on-chain" doesn't really mean a whole lot to NFT collectors.
but the entire nft market is in a slump. these things don't just go up forever. there have to be corrections.
Very true, and the majority of NFTs will trend toward zero indefinitely, regardless of market conditions. There's simply too many out there & too many new ones being created every day for all of them to retain value.