What is going to happen when all these useless NFTs become functionally worthless?

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What is going to happen when all these useless NFTs become functionally worthless?

A lot of people have purchased NFTs in the last year or so. Hell, I've purchased some NFTs myself! That being said, I think we all agree that 99% of the NFTs currently on the market are 100% worthless with one or two exceptions.

I firmly believe that we are currently in a bull market lull/re-consolidation phase. I think we are still in for a $100k+ Bitcoin this year or next and I think that is going to bring the rest of the market with it, for better or for worse. I expect we will see one more big NFT boom around that mania phase and then when the real bear market hits a lot of the people who bought million dollar NFTs are going to be feeling like bag holders.

Here's the real question. I think it's fairly easy to make that prediction, rising tides and all that, but what happens next bull run? Will some NFTs follow the market with bull and bust phases or will this bear market kill off the NFT nonsense? Are NFTs going to be a flash in the pan, or another boat in the crypto sea?

submitted by /u/Nickanator8
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