Bidding currently at $30K on a fractional share of a video clip at Heritage Auctions - Net54baseball.com Forums
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  #1  
Old 02-13-2021, 10:20 PM
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M@rk S@tterstr0m
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Quote:
Originally Posted by Aquarian Sports Cards View Post
I just downloaded $30 million in clips from youtube...
But you still aren't the chump - I mean owner - of record.
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  #2  
Old 02-13-2021, 10:46 PM
Aquarian Sports Cards Aquarian Sports Cards is offline
Scott Russell
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Quote:
Originally Posted by Mark17 View Post
But you still aren't the chump - I mean owner - of record.
Somehow I'll manage to live with the disappointment...
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  #3  
Old 02-13-2021, 11:04 PM
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Matt
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This thread is the comedy I needed today. Great material, gents. I hope the Sunday show is half as good!

Last edited by MattyC; 02-13-2021 at 11:04 PM.
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  #4  
Old 02-13-2021, 11:43 PM
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Derek Granger
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WTF is this garbage? Either I’m really dumb because I don’t get it or this crap is so far fetched that everyone who buys into it is dumb. Maybe that’s the point. It’s so ridiculous that I feel like I need to try out a “base” digital blah blah blah for <$20 so I can feel part of the game and not “miss out”.

Seriously though, is this like the emperor’s new clothes?
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  #5  
Old 02-14-2021, 12:26 AM
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James M.
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I thought I saw it all when you could buy shares of stock in a player a while back (I believe it was Arian Foster) this takes the cake. Where do we go from here. Does anyone want to buy fractional shares of athletes memories? For the low price of $4000 you too can buy a video recorded memory from Michael Jordan's Brain!
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  #6  
Old 02-14-2021, 12:40 AM
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Hmm.
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  #7  
Old 02-14-2021, 07:00 AM
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Pfft. It's not even 3D.
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  #8  
Old 02-14-2021, 06:02 PM
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I have no idea if this will catch on. But I have no reason to mock it and talk about how it's the end of collecting, second coming of the apocalypse, etc., etc. It's strikes me as far fetched, but who knows. Innovation is good. I'm sure the guy of Wall Street who proposed the first mutual fund in 1924 was roundly mocked by every grey haired old trader in town who calmly announced without the slightest reservation that it was the most ludicrous thing they had ever heard of. A lot of things have struck me as asinine and worked out quite well for others. ("Why in the world would anyone want to buy a 4th floor walk up in Greenwich Village in NYC for $235,000??? Ha ha ha. That's the funniest thing I have ever heard!).
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  #9  
Old 02-26-2021, 05:10 AM
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Bidding now at $52,500 with 2 days remaining. And NBA Top Shot has actually blown up so much, because the management team is taking packs out of circulation in order to give them away to internet influencers and NBA players. So the hype continues to grow around this, but the servers and company cannot handle the traffic. Buying packs is almost impossible because of the huge numbers of users and bots trying to access the site in time to be part of the randomized selection to get a pack.

Secondary market values on even the newest common moments shot from $2-4 each to $50 minimum over the last week, and now those same clips are selling around $15-20. It's been pretty crazy to watch.
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  #10  
Old 02-26-2021, 11:45 AM
SWinn SWinn is offline
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My opinion on this is a lot different than others:

These guys bidding this up like crazy will all be buying vintage cards eventually, when they realize where the value is. It never fails. Junk card era of the early 90's: they're all buying T206 and later cards these days.

I work in futures and when cryptocurrencies came along and the younger dem. was daytrading them like nuts pretty much all of us predicted these same guys will be trading stock and futures roughly 6 months later when they realize what a waste of time it was. And they did. Retail trading apps are exploding these days, with many thanks to crypto.

So I dunno. Let them do it IMO. See ya on the other side lol.
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  #11  
Old 05-23-2021, 07:25 PM
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While I am not active in the market it really is quite interesting. I find it amusing that a bunch of buys (myself include) see the value in a 1933 Goudey Ruth but not a color copy of it. Here's a half decent primer.

https://www.npr.org/2021/03/22/97998...fungible-token
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