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re: 13-second Zion Williamson highlight sold for $100k : 'This is the future':
Posted on 2/16/21 at 10:45 pm to TheeRealCarolina
Posted on 2/16/21 at 10:45 pm to TheeRealCarolina
Fwiw I have a buddy of mine who told me about this digital art stuff over the weekend. He bought 3 ‘pieces’ at $2500 a piece from the original artist and sold them separately for $5000 a whop. Apparently the source only releases the original for a small amount of time, at a high price, then over time they grow in value, depending on a few different things... at least that’s how I understood it. I was drunk and halfway listening during the ufc fight
This post was edited on 2/16/21 at 10:45 pm
1
Posted on 2/16/21 at 10:48 pm to TheRouxGuru
You got finessed.
Posted on 2/16/21 at 10:53 pm to TheeRealCarolina
I’m 33 I don’t know what that means
Posted on 2/16/21 at 10:57 pm to TheRouxGuru
He fricked you casually
Posted on 2/16/21 at 11:12 pm to TheeRealCarolina
I didn’t buy, sell, or even look at anything ya dummy 
Posted on 2/16/21 at 11:38 pm to TheeRealCarolina
quote:why is it valuable? The answer is because people think so. That's it.
Having one of 100 physical prints of something is valuable.
Nothing else to it. Same concept applies here.
Your rebuttal of these highlights being found of duplicated is just poor. Someone else arguing that baseball cards are shite can easily tell you that they could print the same picture from the internet.
Posted on 2/16/21 at 11:45 pm to rocket31
quote:
I can find free banksy prints on the internet too ...
This post was edited on 2/16/21 at 11:53 pm
Posted on 2/16/21 at 11:57 pm to KosmoCramer
(no message)
This post was edited on 11/4/23 at 1:49 pm
Posted on 2/17/21 at 7:30 am to castorinho
quote:
why is it valuable? The answer is because people think so. That's it.
Nothing else to it. Same concept applies here.
Your rebuttal of these highlights being found of duplicated is just poor. Someone else arguing that baseball cards are shite can easily tell you that they could print the same picture from the internet.
The scarcity made baseball cards valuable. They only made so many of the originals and only so many still exist. A basketball highlight from 2020 is not worth $100k no matter how you slice it, especially when you don’t have exclusive rights to it.
Y’all are throwing your money in the toilet, flushing it and saying the rest of us don’t understand how great of an investment it is.
Posted on 2/17/21 at 7:51 am to TheeRealCarolina
Who is y'all?
Your argument is simply inconsistent. I think this is dumb, but I also think baseball cards are dumb. But I can see the potential of making money in both. Everything you just described for baseball cards applies here.
Your argument is simply inconsistent. I think this is dumb, but I also think baseball cards are dumb. But I can see the potential of making money in both. Everything you just described for baseball cards applies here.
Posted on 2/17/21 at 7:51 am to TomBuchanan
quote:
Do you really think that basketball highlights are going to be the source that others consider finite and scarce?
What?
Posted on 2/17/21 at 7:55 am to TheeRealCarolina
You are just arguing that you don’t think it’s worth something. That’s great. You wouldn’t pay $100k for a basketball highlight on the internet. I wouldn’t pay 100k either. Wouldn’t pay that for a baseball card.
I would probably pay 14.99 to open some digital cards in hopes that I get a rare one that someone else would pay $100k for. Same as I have bought trading card packs in the past for the same reason.
Being able to watch these highlights on the internet has nothing to do with what they are creating. You can watch that highlight all day but you still don’t own a TopShot card. I can look at Mickey Mantles picture all day but I still don’t own his card.
I would probably pay 14.99 to open some digital cards in hopes that I get a rare one that someone else would pay $100k for. Same as I have bought trading card packs in the past for the same reason.
Being able to watch these highlights on the internet has nothing to do with what they are creating. You can watch that highlight all day but you still don’t own a TopShot card. I can look at Mickey Mantles picture all day but I still don’t own his card.
Posted on 2/17/21 at 8:01 am to castorinho
quote:
The answer is because people think so. That's
Nooe. It becomes supply and demand.
If you have 1 of 100, and 1000 people would pay to acquire 1, then price will rise.
Posted on 2/17/21 at 8:48 am to the LSUSaint
The baseball cards do have a legit supply and demand. They aren’t making any more of the originals.
This digital card literally exists for anyone to view and possess for free.
If it were one of say 100 basketballs that Zion hand signed and he said he was never going to sign another basketball in his life, that would have some legitimate value. This? This is millennials doing stupid shite thinking they are being innovative.
This digital card literally exists for anyone to view and possess for free.
If it were one of say 100 basketballs that Zion hand signed and he said he was never going to sign another basketball in his life, that would have some legitimate value. This? This is millennials doing stupid shite thinking they are being innovative.
Posted on 2/17/21 at 9:35 am to zzgobucky
quote:
This thread just shows how much more potential growth BTC/crypto/blockchain/digital assets still have. This thread would be fun to revisit in 10 years.
right. this is like it being in the early 90s and telling everyone that the internet doesnt make any sense
Posted on 2/17/21 at 9:44 am to TheeRealCarolina
quote:
This digital card literally exists for anyone to view and possess for free.
You can view it. You can't own/possess it for free.
Posted on 2/17/21 at 9:54 am to TheeRealCarolina
quote:this. Zion’s gonna have a few thousand blocked shots
don't care how much you gussie up the highlight, a boujee highlight is still a damn highlight.
Posted on 2/17/21 at 9:56 am to chalmetteowl
quote:
this. Zion’s gonna have a few thousand blocked shots
How many of them will be included in the now concluded series 1 distribution of NBA Top Shots?
Posted on 2/17/21 at 10:00 am to KosmoCramer
quote:but can I or anyone recreate that e-book and put it out onto the internet?
Let's say Grapes of Wrath was only published as an e-book, and there are a limited number of 1st digital copies because flaws were found in that version and they were nearly immediately corrected.
There is hypothetically a similar scarcity of the book as the current 1st edition Grapes of Wrath has.
Would those hypothetical digital copies have a similar value?
I think that's the difference. Trading cards, let's say...I get it because you can't really recreate those so there are a finite number of them out there.
I can go to my DVR right now, and make that same exact video that dude just paid $100k for it. I guess I just don't follow how a series of digits are worth $100k then.
Posted on 2/17/21 at 10:03 am to shel311
quote:
I think that's the difference. Trading cards, let's say...I get it because you can't really recreate those so there are a finite number of them out there.
You can recreate a new exact replica of those cards. The reson they're valuable is because they are authenticated as part of the original production.
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