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itās a little bit of both
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i still think thereās a massive flood of people about to come on to this platform so i wanna have a decent $ in moments in case that happens, since thereās a lot more money to be made through your moments increasing in $ vs flipping.
But the question is, what are they gonna buy. Theyāre probably gonna buy the shiny new stuff, and Iām holding old S2 KDs and LeBrons. I could see those continuing to drop a bit but I donāt want to try and time the market. Iām confident that eventually $ will come back into these āolderā KD/LeBron stuff. I donāt buy the argument that only S1 will matter long-term, and I canāt see how someone is gonna rather own a S1 Coby White over an S2 LBJ/KD. Until then Iām just gonna keep flipping the high-liquidity stuff as I can to increase my dapper while my ācore holdingā remains mostly unchanged.
On these new massive pack drop Iāll probably be targeting KD/LBJ there as well.
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I would buy this myself, but have to do actual work for the rest of the afternoon, so doubt Iāll be able to be on-line when market opens. Probably wonāt be sniped but expect itāll go fairly quick as only $11 over min.
Another one -
risky holding memes during a challenge pump tho. if you dont flip before challenge ends youāre gonna be holding a big bag
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Iām not sure what to do if the SS moons like cool cats. Didnāt the cool cats drop off a bunch even before the challenge ended? Maybe Iāll sell everything and rebuy right before the challenge endsā¦ Probably super risky.
yes, for the challenges they start flying down 2 days before the end as the people who arenāt going for the challenge panic and dump before they really go down
meme dream addition?
also, the next common issuances will probably have the first 42069 and maybe even 69420 serials. Very bullish
you should drink more milk
Yeah im not reading the wsj.
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So like the day i read about this product i thought they are about to make tons of money. I emailed about a position, had 4 interviews with 7 different people and got a āthanks but no thanksā mail today.
sadroham.jpeg
At least now i can truly hope it fails
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Dude has been a shill the entire time
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need brokenheart button
This might be a āthings that piss you off but shouldnātā entry but one of my major pet annoyances is online marketplaces that allow bots and flip spammers to crowd the listings with absurd prices. You want a Zion S2 #32,091? That will cost you $250,000 right now on NBA Top Shot. Please never, ever show me this bullshit. I donāt care if itās only one byte of data, donāt transmit it to me. But if you must, at least order them by low ask by default and allow me to spam lowball offers and insulting messages like I do on eBay and Reverb.
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i actually considered listing some of the stuff i donāt want to really sell at 250k just because Iām afraid i might accidentally sell it (like for example accidentally list a 3-digit serial lebron iāve been holding when i had just bought a 4-digit one to flip). Especially when I have multiple copies of the same moment. But then they did the rate-limited listings so obviously I never got around to it. If they wonāt let you ālockā a moment so you canāt sell it easily, listing at some insane price is sort of the next best thing. Now maybe 250k is a bit silly, but itās maybe not a bad idea I guess for me to just list the stuff I want to hold at like 50x LA or something like that
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As Iāve gotten older, Iāve definitely lost interest in sports memorabilia. My interest in video game collecting has skyrocketed, though.
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always pictured you with that level of sophistication ;-)
Yeah there should be a vault you can move them into thatās two steps removed from a sale or something. Also, to be clear, Iām not actually against you being able to list it for $250,000. I put the onus on the sites to create an experience that doesnāt constantly present us with (tons of) dominated options. eBay and Scamazon are notoriously bad at this; they have so much stock for sale that is used / broken junk listed by pallet auction flippers at premiums over brand new retail items. Also bots doing dynamic price arbitrage where youāll see $3 bodywash go out of stock and then itās $986.82/ea.
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Good article about challenges.
I think the one thing the study is missing is the EV adjustment for getting a low serial. The overall marketcap of a moment is probably on the order of 10-20% higher if i had to guess above just taking the low ask * supply, when accounting for serial number values. Maybe higher for LeBron in particular due to the high amount of people who would be after his jersey # as opposed to like Ish Smith jersey # moment. Overall probably not a huge change in the calculation though.
Iām trying to think of what my exit plan is for the SS moments. I think if they like were to for example run up another 50-100% from here, but the base LBJ/KD moments didnāt change price at all, it seems like exiting the SS would be an obvious play. Maybe even selling SS and buying up the base KD/LBJ as a sort of a hedge at that point
My wife published a childrenās book several years ago. It was mostly for fun - the retail price was $10 and she donated half of the proceeds to charity. She probably made only a few hundred bucks. There is one copy for sale on Amazon for $902.81.
EDIT: It also only has 4.8 out of 5 stars because one of her friends gave it 4 stars, thinking it would look fishy if she gave it 5. wtf
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