[pjc]

i'm still a little confused, can someone explain... and maybe the answer is since it's so new, the NFT market is still far from 'normal' when it comes to prices...  

why aren't the costs of an artist's non NFT originals or recent limited editions not tracking anywhere near the prices that the NFT's are getting?

at some point, doesn't one version either have to raise in price or the other drop in price?

i own a few pieces of an artist that has been selling NFT's for $1mm+ and I paid in the single digit thousands for his non NFT pieces...  and the only difference is that he basically automated in the most basic way what i own.  and my pieces have not gone up in value as far as i can confirm.

for the people that are just taking existing pieces and tweaking them a bit for the NFT market, why aren't prices tracking closer to the Non-NFT pieces?

[pjc]

Apr 9, 2021 17:23:54 GMT 1 derivitive said:

Apr 9, 2021 17:21:00 GMT 1 pjc said:

i'm still a little confused, can someone explain... and maybe the answer is since it's so new, the NFT market is still far from 'normal' when it comes to prices...  

why aren't the costs of an artist's non NFT originals or recent limited editions not tracking anywhere near the prices that the NFT's are getting?

at some point, doesn't one version either have to raise in price or the other drop in price?

i own a few pieces of an artist that has been selling NFT's for $1mm+ and I paid in the single digit thousands for his non NFT pieces...  and the only difference is that he basically automated in the most basic way what i own.  and my pieces have not gone up in value as far as i can confirm.

for the people that are just taking existing pieces and tweaking them a bit for the NFT market, why aren't prices tracking closer to the non-NFT pieces?

Real art uses real money.

NFTs use internet money that some people are unable to convert to real money for legal reasons.

so wouldn't that be an argument for NFT pieces to cost less if their is more of a barrier to cashing out?

[pjc]

Apr 9, 2021 18:03:04 GMT 1 pjc said:

Apr 9, 2021 17:23:54 GMT 1 derivitive said:

Real art uses real money.

NFTs use internet money that some people are unable to convert to real money for legal reasons.

so wouldn't that be an argument for NFT pieces to cost less if their is more of a barrier to cashing out?

and one more question... what about artists that are already dead? do you see their art participating in the NFT market?

[Rubys]

I must be too old I really don't get this whole NFT business.

[dilu]

Apr 9, 2021 17:23:54 GMT 1 derivitive said:

Apr 9, 2021 17:21:00 GMT 1 pjc said:

i'm still a little confused, can someone explain... and maybe the answer is since it's so new, the NFT market is still far from 'normal' when it comes to prices...  

why aren't the costs of an artist's non NFT originals or recent limited editions not tracking anywhere near the prices that the NFT's are getting?

at some point, doesn't one version either have to raise in price or the other drop in price?

i own a few pieces of an artist that has been selling NFT's for $1mm+ and I paid in the single digit thousands for his non NFT pieces...  and the only difference is that he basically automated in the most basic way what i own.  and my pieces have not gone up in value as far as i can confirm.

for the people that are just taking existing pieces and tweaking them a bit for the NFT market, why aren't prices tracking closer to the NFT pieces?

Real art uses real money.

NFTs use internet money that some people are unable to convert to real money for legal reasons.

Would this include leftover change from buying items of Silk Road? Lol

[The Strip Gallery]

We wrote a GUIDE-ARTICLE on the phenomenon, noting positive and critical aspects!

[vethar]

New Banksquiat Edition. I created a Keith Haring cat the other week and I thought I'd bring it back haha

View It Here: link

[NOA Prints]

opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/73570022835122908764816899557213110797609478873517277210000646727789034078209

[Cocteau 101]

www.theartnewspaper.com/blog/supermodel-kate-moss-turned-into-an-nft-triptych

Kate Moss sleeping is a truly beautiful thing.

[Lroy]

Apr 10, 2021 8:14:12 GMT 1 The Strip Gallery said:

We wrote a GUIDE-ARTICLE on the phenomenon, noting positive and critical aspects!

Bloody hell ...
Could you tell me what it is at the end ?!
Spy prints that auto regenerate themselves ( or destroy ) ?!
Only for your computer ..
Really lost ...
Cyber prints or cyber punks ?
www.christies.com/features/10-things-to-know-about-CryptoPunks-11569-1.aspx?sc_lang=en&fbclid=IwAR1QwNt-owZHKs97iubdZsKzFKbItTkmsh5x0oOatj9SE_yT43wrQv8GKkc#FID-11569

[Charlie Bronson]

[robo]

Apr 12, 2021 16:17:07 GMT 1 derivitive said:

Apr 12, 2021 15:47:37 GMT 1 Charlie Bronson said:

Don't forget the key part of using two or more separate accounts to make the transactions look authentic. You can do the same thing on eBay and auction houses, too. You just need to factor in the transaction costs and fees to calculate the actual profit.

You’d pay $100ks in platform fees and gas so this doesn’t quite work with these figures, but to the extent it does it’s similar to Damien Hirst forming a syndicate to buy his own diamonds skull piece.

[toshspice]

NFT market 70% down already.

news.artnet.com/market/nft-market-crash-1957770?utm_content=from_www.artnet.com&utm_source=Sailthru&utm_medium=email&utm_campaign=EUR%20Apr%2014%20AM&utm_term=EUR%20Daily%20Newsletter%20%5BMORNING%5D

[vethar]

So Sotheby's has teamed up with Nifty Gateway: niftygateway.com/collections/paksothebysauction

Here is my response to that: opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/91066379322690060015571361501088345138809550396458103870411076619630314258433

[u%hdjfka c]

Current bid for a single pixel NFT $1.1m

niftygateway.com/itemdetail/primary/0xc7cc3e8c6b69dc272ccf64cbff4b7503cbf7c1c5/1

[vethar]

Oh dear god......

[Lord Lucas Roham]

People this stupid shouldn't be allowed access to one million dollars.

[Skizz 82]

Apr 14, 2021 16:06:09 GMT 1 derivitive said:

www.cnbc.com/2021/04/14/irs-is-probing-the-dark-web-to-look-for-cryptocurrency-nft-tax-evasion.html

this news made me smile after a hard day at work 😅😁😁

[Tom 8343]

Apr 14, 2021 16:06:09 GMT 1 derivitive said:

www.cnbc.com/2021/04/14/irs-is-probing-the-dark-web-to-look-for-cryptocurrency-nft-tax-evasion.html

Nice little read

[acaipride]

Apr 14, 2021 21:44:22 GMT 1 Tom 8343 said:

Apr 14, 2021 16:06:09 GMT 1 derivitive said:

www.cnbc.com/2021/04/14/irs-is-probing-the-dark-web-to-look-for-cryptocurrency-nft-tax-evasion.html

Nice little read

Smart fckery. Deep and dark web is where all th goodies are

[vethar]

I agree. I was gonna list this one at a million, but thought that might be too greedy.........

StupidNFT #27

[pollz66]

Stupid + NFT = Stupid Squared.

[vethar]

Here's my Andy Warhol version. Thought I'd mix it up and drew this without looking at the paper.

opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/91066379322690060015571361501088345138809550396458103870411076622928849141761

[jimmyjam]

Now that coinbase went public and governments start cracking down on bitcoin... 

Be interesting to see where this goes. I personally felt a major correction was due very soon. Most of cryptocurrency and NFTs are made/hyped for these ipos coming up rather than true coin value. Again this just a personal opinion. 

There isn’t too much hype left for crypto unless a Apple like major company accepts it.

[vethar]

Choose Your Own Weapon Edition

opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/91066379322690060015571361501088345138809550396458103870411076624028360769537

[vethar]

I also created an instagram account: www.instagram.com/stupid.nft/

Gonna be doing sticker and poster / print giveaways at some point. Follow if you're interested!

[Charlesworth]

seeing this instantly reminded me of that hilarious story someone posted on here about their cat mooing

Apr 18, 2021 23:50:59 GMT 1 vethar said:

Choose Your Own Weapon Edition

opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/91066379322690060015571361501088345138809550396458103870411076624028360769537

[vethar]

Apr 19, 2021 7:26:17 GMT 1 Charlesworth said:

seeing this instantly reminded me of that hilarious story someone posted on here about their cat mooing

Apr 18, 2021 23:50:59 GMT 1 vethar said:

Choose Your Own Weapon Edition

opensea.io/assets/0x495f947276749ce646f68ac8c248420045cb7b5e/91066379322690060015571361501088345138809550396458103870411076624028360769537

Hah what a world

[lv90210]

I saw an article last week comparing the $ notional on digital art NFT's for 8 weeks ago vs last week.

They were down around 70%, digital art NFT's are the biggest scam known to man.

I hope you lot haven't done your conkers on them.

[vethar]

Apr 19, 2021 16:24:51 GMT 1 lv90210 said:

I saw an article last week comparing the $ notional on digital art NFT's for 8 weeks ago vs last week.

They were down around 70%, digital art NFT's are the biggest scam known to man.

I hope you lot haven't done your conkers on them.

I guess the crypto investors are finished laundering their $? Who knows haha