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Started By
Message
re: 13-second Zion Williamson highlight sold for $100k : 'This is the future':
Posted on 2/22/21 at 8:46 am to VerlanderBEAST
Posted on 2/22/21 at 8:46 am to VerlanderBEAST
quote:
I dont buy that long term the highlight has any actual effect on the price fluctuation.
I think its just kinda similar to how better players would have more of a market in baseball cards. Like most people would rather have 1 of 1000 Freddie Freeman’s than 1 of 500 random AAA player who nobody has ever heard of. I think there’s a sweet spot where rarity and highlight popularity meet to determine value
0
Posted on 2/22/21 at 8:51 am to Skyler97
quote:
I would not invest in this now because I wouldn’t wanna risk my money on the first website to try this. Others will probably come along that do it better. However I completely see the potential value in this because it’s literally exactly the same as a baseball card except not physical. But people don’t buy rare cards because they’re physical, they buy them because they’re limited and they wanna say they own one. This same concept could happen here, where someone wants to just say they own a first edition Trae Young logo 3 highlight asset (not sure what these highlights are called). You don’t own the highlight similar to how you don’t own the image on a baseball card, but you do own that particular asset which is unique due to the code behind it. It’s defiantly an abstract idea but it truly is not that different
Basically how I feel about this. At the prices some of the digital blocks are going for, I would still rather go physical vintage cards. Panini has ruined modern sports cards, so it would be nice for something to shake up that market
Posted on 2/22/21 at 9:28 am to TheeRealCarolina
investing into S1s is like investing into 1950s Topps baseball cards
i kept a tight lip on that throughout the thread, because i didnt want to draw much attention to the obvious 50 IQ play
i was able to accumulate several S1s for under $10 dollars over the past few weeks.
every single one of these moments is now over $100
have fun staying poor
i kept a tight lip on that throughout the thread, because i didnt want to draw much attention to the obvious 50 IQ play
i was able to accumulate several S1s for under $10 dollars over the past few weeks.
every single one of these moments is now over $100
have fun staying poor
Posted on 2/22/21 at 9:59 am to rocket31
quote:
have fun staying poor
LMAO
TRC... will never
Posted on 2/22/21 at 10:10 am to rocket31
quote:
investing into S1s is like investing into 1950s Topps baseball cards
i kept a tight lip on that throughout the thread, because i didnt want to draw much attention to the obvious 50 IQ play
i was able to accumulate several S1s for under $10 dollars over the past few weeks.
every single one of these moments is now over $100
have fun staying poor
Where do you see the price going on these? I like the idea, but I don't see the current prices as stable. I am looking at a low serial number Bruno Fernando thats going for over 1000 dollars. I have a very very hard time thinking anyone would want that after the current investment bubble bursts
Posted on 2/22/21 at 10:11 am to rocket31
Enjoy your Dutch tulips.
Posted on 2/22/21 at 10:31 am to Skyler97
S1s will not lose value. barely any were minted and just like all collectors items the first series is highly sought after by investors
as I said last week the S2s are frothy so id stick to the better players if you go that route
just imo
as I said last week the S2s are frothy so id stick to the better players if you go that route
just imo
This post was edited on 2/22/21 at 10:33 am
Posted on 2/22/21 at 12:12 pm to rocket31
I bought 3 packs in late January for a total of $21. I then sold those moments to get more packs, cheap moments etc. My account is now valued at over 10K. Off of $21.
I had my doubts, but everything points to it being more than just a 'scam'. It's insane what is going on in that market place right now. Wish I had gotten in last year.
FWIW I'm also in to sports cards but this is a lot easier to deal with.
I had my doubts, but everything points to it being more than just a 'scam'. It's insane what is going on in that market place right now. Wish I had gotten in last year.
FWIW I'm also in to sports cards but this is a lot easier to deal with.
Posted on 2/22/21 at 12:30 pm to VerlanderBEAST
So the higher the serial number x the rarity of the highlight = Higher value?
Starting to understand a but but its still weird how people are paying this type of money but the highlight is never owned. The NBA still owns the digital highlight
Starting to understand a but but its still weird how people are paying this type of money but the highlight is never owned. The NBA still owns the digital highlight
Posted on 2/22/21 at 12:36 pm to Drank
quote:
but everything points to it being more than just a 'scam'
Anyone calling this a scam is very ignorant.
quote:
It's insane what is going on in that market place right now.
We are in a heavy bull market right now, and this sector hasn't had to deal with any adversity yet. That's why I'm hesitant to get in to it right now.
Posted on 2/22/21 at 12:39 pm to bluebarracuda
I’m willing to throw a few hundred at this ridiculous trend. If TikTok dances can become popular, this definitely can. All of the packs are sold out. When do you get alerted there are new packs available? If I sign up will I get that alert?
Posted on 2/22/21 at 12:47 pm to UnluckyTiger
You can provide an email to get an alert when the new packs are available.
But the money to be made is buying/selling the series 1 packs on the marketplace.
But the money to be made is buying/selling the series 1 packs on the marketplace.
Posted on 2/22/21 at 12:59 pm to KosmoCramer
I've spent $100 so far and my account value just crossed $7200. There are some concerns I still have, but for the time it would be really hard not to profit.
Posted on 2/22/21 at 1:27 pm to KosmoCramer
So I already missed the gold rush? I just saw series 2 were sold out. Assuming series 3 is next?
Posted on 2/22/21 at 1:29 pm to UnluckyTiger
They are going to drop more series 2 packs. That specific release was sold out. You haven't missed out yet. The key to jumpstarting now I would think is to luck up and get a pack when they release. They are only $9 for now and you get several hundred dollars of value in there.
Posted on 2/22/21 at 1:31 pm to UnluckyTiger
quote:
So I already missed the gold rush? I just saw series 2 were sold out. Assuming series 3 is next?
They are letting things marinade a little bit. They make 5% on transactions so that's where their real money is made anyway.
Posted on 2/22/21 at 1:34 pm to KosmoCramer
and the fact it is still in beta gives me hope. Sounds like it’s just like the early crypto underground before it really took off. Is it a draft to get selected to have the option of buying a pack or is it a free for all like trying to get tickets off of Ticketmaster for a concert?
Posted on 2/22/21 at 1:36 pm to TpSh1120
quote:
TpSh1120
Do you work for Top Shot?
Posted on 2/22/21 at 1:39 pm to UnluckyTiger
quote:
Do you work for Top Shot?
Saw that too
Love the casual first post about Chik Fil A
Posted on 2/22/21 at 1:39 pm to KosmoCramer
Brilliant marketing. Would be searching high and low for threads concerning this and send out folks to hype it up.
This post was edited on 2/22/21 at 1:40 pm
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