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NBA Top Shot

Alright, so I guess I'm going to start releasing limited edition MS Paint memes. I'll give them unique numbers and sell this stuff.
 
LogGrad98 said:
A picture of a physical card is not the same as holding the physical card in your hand. Plus having one signed makes it infinitely more valuable to collectors.

Having a digital video clip exactly the same, down to the pixel and byte of data, as the digital video clip I can download from youtube is hardly exclusive. And they can't sign a video clip. That is why this makes me think of a scam.

I am not saying people don't see value there, obviously they do, but I think there just isn't anything tangible or really exclusive except for the serial number, so it seems to be just a lot of people trying to capitalize on a new thing and make a buck. I can't see one of these guys going into Pawn Stars and offering a collection of moments on a thumb drive and getting anything for it years down the road.

But I am probably just out of touch with the collector market for such stuff. It is obviously working for some to make money, I don't have to "get it" for it to mean something to someone else.

But I really just don't get it.
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A signed card doesn’t make it infinitely more valuable to a collector. It actually seems to lower the price.
 
Wes Mantooth said:
Most of the time, yes. But rarely if you buy vintage, and don’t overpay.
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Base cards have risen so much in value you’ll rarely lose money. Literally any Jordan, LeBron, Kobe etc. even if it’s a base is worth a couple bucks.
 
White Chocolate said:
Depends on the card and of course if it’s authenticated.
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I’m not referring to modern as I don’t think Log was. I know Doncic’s Red Pulsar Auto 1/1 is going to be worth a **** ton more than some regular card.

And yes, I realize there is no such card.
 
I got heavily into cards in the last ten months. I have a couple buddy’s with collections worth about 250-400K. I sold almost everything I have. Probably profited about 15 grand. And I’m glad. Honestly, the industry has become even more big business and I don’t have the money to compete with hedge funds. Literal hedge funds are buying cards which is helping drive the market as well. And it’s just a disgusting shady industry. Cutting cards. Manipulation of prices. PSA shadiness.
 
White Chocolate said:
Depends on the card and of course if it’s authenticated.
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And I think that's ultimately where the long term value of NFTs will go. They will serve as a form of validation for physical objects. The biggest value of crypto currency, imho, is not the currency. It is the system of security and validation that had to be created for crypto currency to exist, aka the "blockchain."

I think years down the line NFTs will be attached to physical objects like art, collectables, diamonds, etc., to serve as a type of validation and authentication. Whenever the object changes hands the transaction will be validated by the accompanying transfer of the NFT.
 
Wes Mantooth said:
I got heavily into cards in the last ten months. I have a couple buddy’s with collections worth about 250-400K. I sold almost everything I have. Probably profited about 15 grand. And I’m glad. Honestly, the industry has become even more big business and I don’t have the money to compete with hedge funds. Literal hedge funds are buying cards which is helping drive the market as well. And it’s just a disgusting shady industry. Cutting cards. Manipulation of prices. PSA shadiness.
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Wes Mantooth said:
Had I got in about 1-2 months earlier, I would’ve bought a Bill Russell rookie, PSA 7.
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I’m in it heavy. I actually get cards graded for people. There is plenty of opportunity out there to make money and I just like collecting too. It has become more and more towards being a business though. I have currently and have owned some extremely nice cards.
 
infection said:
Alright, so I guess I'm going to start releasing limited edition MS Paint memes. I'll give them unique numbers and sell this stuff.
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Some of the NFT stuff is dumb but I really don’t think it’s going anywhere but up. Imagine when cards came out how dumb people thought that was... they put them in bicycles and **** because it was just cool cardboard... “want me to draw you a picture on some paper and you can buy it for $1”.

It might even be stupid but some people are killing it... and a bunch will kill it that are getting in now. I just wanted to figure it out... and now I’m up $1500... and it’s kinda fun. Jump in boss... the water is nice and warm.
 
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