Indonesian Student's Selfie NFTs: From Ordinary to Millionaire

I still can't believe what I witnessed in the NFT space last year. Some 22-year-old Indonesian kid took boring-ass selfies for four years and suddenly became a millionaire? What the actual hell?

When I first saw Ghozali's collection, I laughed out loud. The guy literally just stood in front of his computer, took expressionless selfies day after day for four years (well, not even consistently - he missed some days), and then decided to sell this crap as NFTs for 0.001 ETH each. That's about 3 bucks! And here's the kicker - these weren't artsy, creative shots. Just plain, sometimes unflattering selfies with messy backgrounds.

But you know what happened next? The crypto crowd lost their freaking minds! Within THREE DAYS, the floor price shot up 300x to 0.9 ETH (about $3,000)! Are you kidding me? The collection racked up over 314 ETH in sales - over a million dollars! One single selfie sold for 66,346 ETH! For what? A regular dude's face?

I'm sitting here grinding away at my job while this guy's webcam snapshots are selling for thousands. The NFT market is completely disconnected from reality. It's not about art or value - it's about hype and FOMO.

Let's be honest about what really happened. Some Indonesian celebrity chef with 5+ million followers (Arnold Poernomo) promoted this collection and even used one as his profile pic. Then other influencers jumped on board. Classic pump scheme. Two addresses bulk-bought hundreds of these selfies at the base price before the hype train left the station. Hmm, convenient timing, right?

The saddest part? People are writing actual poems about these selfies! "The eyes that are sometimes firm and sometimes melancholy..." Give me a break! It's a kid taking webcam shots!

Even the tax authorities immediately slid into his DMs to remind him they want their cut. At least Ghozali seemed cool about it, saying he'd pay up like "a good Indonesian citizen."

This whole thing exposes what the NFT market really is - not about art or innovation but about manufactured hype, celebrity endorsements, and get-rich-quick schemes. People comparing this to Beeple's $69 million collection is laughable.

Will these selfies hold value? Hell no. But that won't stop the next wave of desperate investors throwing money at the next bizarre NFT scheme hoping to catch lightning in a bottle.

Welcome to crypto in 2023 - where your boring selfies might be worth more than your college degree.