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Message

re: Just bought this NFT

Posted on 2/1/22 at 10:25 pm to
Posted by SomethingLikeA
Member since Jul 2013
1113 posts
Posted on 2/1/22 at 10:25 pm to
Now go sell yours. What offers are you getting?
Posted by SomethingLikeA
Member since Jul 2013
1113 posts
Posted on 2/1/22 at 10:25 pm to
How much can you sell yours for?
Posted by SomethingLikeA
Member since Jul 2013
1113 posts
Posted on 2/1/22 at 10:29 pm to
So you’ll steal someone’s expensive NFT and that’s ok? Why.. because it’s easy? If they leave their keys in the car and you steal it, that’s ok too right? Because it’s just as easy. Good luck putting their car in your driveway.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31314 posts
Posted on 2/1/22 at 10:39 pm to
quote:

Because people pay for them. Why does a painting demand value? Lets not talk about a Monet but art from current artists.



Because it has the element of scarcity, it requires time and talent to create. As opposed to some ex salesman creating a program that automatically creates 10,000 variations of a silly caricature. Not to mention, regular art you can display on a wall to spruce up your place. I'd also wager most people buy art they simply like, with no expectation of appreciation or ever selling.

I may be wrong but I just don't see how NFTs can continue to appreciate with millions of them constantly being created.
This post was edited on 2/1/22 at 10:43 pm
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 2/1/22 at 10:47 pm to
quote:

it requires time and talent to create.



Does it?

This sold for 28 million.

>


quote:

As opposed to some ex salesman creating a program that automatically creates 10,000 variations of a silly caricature.


So now digital art is not art and doesnt take talent? Graphic designers are not artists I guess.

Some of the nft art is garbage but some does actually look very good.

quote:

I may be wrong but I just don't see how they can continue to appreciate with millions of them constantly being created.



Not even going to address this again
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31314 posts
Posted on 2/1/22 at 10:51 pm to
quote:

Does it?

This sold for 28 million.


I won't even try to explain that.
Posted by cable
Member since Oct 2018
9658 posts
Posted on 2/1/22 at 10:51 pm to
I wouldn't pay 28 million for that and I also wouldn't pay $10 for an NFT
Posted by Salamander_Wilson
Member since Jul 2015
7701 posts
Posted on 2/1/22 at 11:20 pm to
I’m going to go out on a limb and say that 20 years from now NFTs will not be a valuable commodity.

Enjoy swapping and selling this shite now, fellas, but one day the tower of cards will fall.
Posted by TackySweater
Member since Dec 2020
12154 posts
Posted on 2/1/22 at 11:22 pm to
quote:

SomethingLikeA


What a dope you are lol
Posted by GeauxElliott
Louisiana
Member since Jun 2007
3695 posts
Posted on 2/2/22 at 1:30 am to
NFT's are just a means to launder money like Hunter Biden's "art".
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 2/2/22 at 5:15 am to
I don’t want to sell mine. It’s obviously a priceless work of art. It has value that surpasses mere money.
Posted by Penrod
Member since Jan 2011
39706 posts
Posted on 2/2/22 at 5:31 am to
quote:

FYI I will never buy art, real or nft. But I do understand the investment aspect of original art.


The difference is that a print is not the same as an original painting. A digital copy is the EXACT same as the original.

110101000110
is the exact same as
110101000110
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
25867 posts
Posted on 2/2/22 at 5:41 am to
quote:

This sold for 28 million.


That is an old price, it sold for over $40 million more recently. It is a Barnett "zip". I actually like abstract expressionism but agree color field work doesn't exactly take a lot of talent to paint but I suppose those in the art world would say the talent is in knowing what to paint. Highly skilled technical painters are a dime a dozen and most of them can create photorealistic paintings. Outside of laundering which is a big part of the fine art world today it still comes down to emotions and how a work draws them out. That is the genius in even "simple" color field work.
Posted by TomballTiger
Htown
Member since Jan 2007
3792 posts
Posted on 2/2/22 at 5:51 am to
It is now my FB profile pic, so I own it as well.
Posted by Passing Wind
Dutchtown
Member since Apr 2015
4142 posts
Posted on 2/2/22 at 7:44 am to
quote:

An ownership interest of an individual digital item that can be verified as uniquely yours and not a copy. If I borrowed $20 bucks from you, you would not care if I paid you back with a $10 and two $5’s. That’s a fungible transaction. If I borrowed your car, I can’t you bring you back a similar car. That’s a non-fungible transaction. It’s unique. NFT’s are unique and allow you unique ownership of the use of it. See?
clear as mud. Ty for clarifying
Posted by Remulan
Baton Rouge
Member since Jul 2014
790 posts
Posted on 2/2/22 at 8:00 am to
quote:

This is all starting to sound like the junk wax era of baseball cards. A lot of people are going to waste a lot of money.


Just don't be the one caught holding the bag. Unrelated, I have some really nice tulip bulbs to unload if anyone is looking to invest.
Posted by Philzilla2k
Member since Oct 2017
11087 posts
Posted on 2/2/22 at 8:15 am to
quote:

Except I could sell that today for a nice amount of money. You cant. thats the point

What’s a nice amount? A nice amount to you may not be a nice amount to me.
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167511 posts
Posted on 2/2/22 at 8:32 am to
Pay someone on Fiverr $100 to design art for NFT. Sell on marketplace...profit?
Posted by Old Hellen Yeller
New Orleans
Member since Jan 2014
9423 posts
Posted on 2/2/22 at 8:38 am to
Idk I think I’d just rather have the artist paint me something I could hang at home, if I was into that kind of art.
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 2/2/22 at 11:13 am to
Probably 15-25k within a few hours
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