NFT's

[carlsonjok]

Originally Posted by JustinD

Politics aside, these looked hilarious but seems like it was one hell of a success.

I was certainly surprised at how quick they sold out.

I guess it all depends on who bought them. One of the rites of passage, if you will, for prospective Presidential candidates is to write a book. Such books always manage to land on the NY Times bestseller list, in no small part because of bulk purchases by campaigns, PACs, and other political organs. It wouldn't surprise me if there were some such machinations going on to give his somewhat listless 2024 campaign a few headlines.

[irv]

Looks like many who knew the real story about Trump and not the fake MSM news B.S. are doing pretty well.
CNN, of course, can't help itself.

Donald Trump’s NFT superhero trading cards timed the market all wrong
https://www.cnn.com/2022/12/16/inves...ing/index.html

Other's.
Donald Trump's 'Digital Trading Cards' Sold Out In One Day — Netting $4.4 Million
https://www.forbes.com/sites/carliep...h=22767169731b

Donald Trump's Trading Cards Keep Going Up in Price
https://www.newsweek.com/donald-trum...-price-1767885

Donald Trump's digital trading cards sell out quickly, double in value
https://torontosun.com/news/world/do...ouble-in-value

[Carter08]

Originally Posted by irv

Looks like many who knew the real story about Trump and not the fake MSM news B.S. are doing pretty well.
CNN, of course, can't help itself.

Donald Trump’s NFT superhero trading cards timed the market all wrong
https://www.cnn.com/2022/12/16/inves...ing/index.html

Other's.
Donald Trump's 'Digital Trading Cards' Sold Out In One Day — Netting $4.4 Million
https://www.forbes.com/sites/carliep...h=22767169731b

Donald Trump's Trading Cards Keep Going Up in Price
https://www.newsweek.com/donald-trum...-price-1767885

Donald Trump's digital trading cards sell out quickly, double in value
https://torontosun.com/news/world/do...ouble-in-value

I figured they would sell out. No shortage of fools.

[irv]

Originally Posted by Carter08

I figured they would sell out. No shortage of fools.

Au contraire. The fools were the ones laughing at this but who's laughing now?
Just think, if you were able to think for yourself and see through the B.S. MSM feeds you, you might have made out large like many others currently are.
Sorry about your luck.

[Carter08]

Originally Posted by irv

Au contraire. The fools were the ones laughing at this but who's laughing now?
Just think, if you were able to think for yourself and see through the B.S. MSM feeds you, you might have made out large like many others currently are.
Sorry about your luck.

Um no, it’s still idiotic.

[BobC]

Originally Posted by carlsonjok

I guess it all depends on who bought them. One of the rites of passage, if you will, for prospective Presidential candidates is to write a book. Such books always manage to land on the NY Times bestseller list, in no small part because of bulk purchases by campaigns, PACs, and other political organs. It wouldn't surprise me if there were some such machinations going on to give his somewhat listless 2024 campaign a few headlines.

Great point. That always struck me as a type of money laundering scheme, where the political candidates get to cash out money from their campaigns to put into their own pockets. Publishers give advances and such to the authors, knowing they'll make money off such bulk purchases. It is basically a legal way around campaign contribution laws. Have also always felt there was potentially a bit of a bribery element in such book deals as well.

[steve B]

I though the NFT thing collapsed when that guy who spent buckets of money on the weird looking monkey drawings couldn't make his money back?

[G1911]

Originally Posted by steve B

I though the NFT thing collapsed when that guy who spent buckets of money on the weird looking monkey drawings couldn't make his money back?

It collapsed in the sense that the million dollar monkey pictures aren’t so high anymore, but there are plenty of people still paying hundreds of dollars for these things. The most massive part of the hype train is gone but it hasn’t wiped out completely.

As to why that is, I cannot help . None of this makes anymore sense to me than draining 401K’s to yolo on baseball cards.

[steve B]

Originally Posted by G1911

It collapsed in the sense that the million dollar monkey pictures aren’t so high anymore, but there are plenty of people still paying hundreds of dollars for these things. The most massive part of the hype train is gone but it hasn’t wiped out completely.

As to why that is, I cannot help . None of this makes anymore sense to me than draining 401K’s to yolo on baseball cards.

Yeah, I don't get it either. Hundreds for an online picture....

Haven't they heard of right click/save picture as.....
Or if the website has right click disabled.... ALT Print screen, then paste into pretty much anything.

[bnorth]

Originally Posted by steve B

Yeah, I don't get it either. Hundreds for an online picture....

Haven't they heard of right click/save picture as.....
Or if the website has right click disabled.... ALT Print screen, then paste into pretty much anything.

LOL, I agree on most things being beyond silly to pay for a digital picture of. Also the amount of money paid for the pictures are outrageous.

On a totally I get it and would pay decent money for a picture side. I like nice watches and some extremely high end watches never get to even be seen by us normal people. I know someone who has an insane watch collection was thinking about doing NTFs of the best of the best. Not sure if it ever happened though.