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Old 03-13-2021, 07:20 PM   #8926
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Completing challenges "worth" it?
So far the answer is no it's not worth it financially. Probably need more challenge data to know for sure going forward. The cool cats challenge data is a little tainted because some people bought in during the insane marketplace pump in February and lost a lot as the overall values have gone down.

I'd say so far the KD and Lebron challenges are on track to be worth it depending on when you bought.
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Old 03-13-2021, 07:29 PM   #8927
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B-b-b-uh...mah utility!

*stares intently at Seagate-worn relic playing on the Asus*

Did anyone actually think this ecosystem revolved around a tight knit group of .gif clecters? It's a fun flex knowing you own a Bron layup limited to 35k....but I don't think anyone's going out of their way to construct mancaves with 30 Samsung displays looping Ish Smith and Mo Vaugnur layups.......



...yet.


This is getting into the card market post-2019. 85% cook groups, balenciagabois, and middle aged, unemployed single fathers looking for a quick come up. All of which I fall into.
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Old 03-13-2021, 07:33 PM   #8928
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I've bought a few cheaper moments I thought were cool I don't think I'll sell unless they go way up. That being said if you forced every single of the whatever it is 250,000 accounts to take a lie detector test on this question it's gotta be way higher than 80%. I believe a minimum of 99% are currently involved in Top Shot for investment/to make money.
I would venture to say that the 80% of admitted flippers is accurate. I would also bet a good chunk of moments that another 19% are lying. I do not know the mindset of the remaining 1%.
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Old 03-13-2021, 07:36 PM   #8929
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Did anyone actually think this ecosystem revolved around a tight knit group of .gif clecters?
Spend about a minute in the discord and I promise you’ll find a guy creating a cult to end the flippers reign.
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Old 03-13-2021, 07:38 PM   #8930
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Spend about a minute in the discord and I promise you’ll find a guy creating a cult to end the flippers reign.
Gif gang Dave Koresh /99.

'


Our only savior.
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Old 03-13-2021, 07:44 PM   #8931
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My Morant #2021 is down to $1200...dang. Getting harder not to bail..haha
I wouldn’t bail. These are hitting their absolute low. At least for the Zion challenge, that card is going to be 7k minimum. No reason for Deni to be <$500. Plus he’s a rookie. I’m definitely see the RS rising again
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Old 03-13-2021, 07:48 PM   #8932
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Sold my DeRozan. Put it up for $64 this morning (net $60) and waited for the undercutters to be done and the price to rebound. I say I timed this one right, time will tell.
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Old 03-13-2021, 07:54 PM   #8933
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Zero chance that is accurate...just look at the amount of sales on the limited run moments. Most have been sold or are up for sale
Even if it is accurate, how many people collect stocks?
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Old 03-13-2021, 08:01 PM   #8934
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Even if it is accurate, how many people collect stocks?
I own 5 shares of Apple but somehow I’m still not getting invited to the board meetings.
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Old 03-13-2021, 08:04 PM   #8935
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Wait, you can sell these?
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Old 03-13-2021, 08:10 PM   #8936
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Wait, you can sell these?
No. When a moment goes on the blockchain, it’s burned and you can’t see it anymore. Then Bitcoin will show up in your Coinbase app which you can then exchange for ETFs. But that’s stupid because ETF doesn’t even stand for anything . When it’s all said and done, you can send it to PSA to get graded but can only sell it on the Mercury App. Hope that makes sense.
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Old 03-13-2021, 08:32 PM   #8937
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No. When a moment goes on the blockchain, it’s burned and you can’t see it anymore. Then Bitcoin will show up in your Coinbase app which you can then exchange for ETFs. But that’s stupid because ETF doesn’t even stand for anything . When it’s all said and done, you can send it to PSA to get graded but can only sell it on the Mercury App. Hope that makes sense.
Wow, someone finally clarified this whole ShopTot thing for me! Thanks!
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Old 03-13-2021, 08:38 PM   #8938
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I wouldn’t bail. These are hitting their absolute low. At least for the Zion challenge, that card is going to be 7k minimum. No reason for Deni to be <$500. Plus he’s a rookie. I’m definitely see the RS rising again
You think it will be included in a challenge? Wow, I hadn't even considered that
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Old 03-13-2021, 08:51 PM   #8939
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You think it will be included in a challenge? Wow, I hadn't even considered that
Sorry my sarcasm meter is broken, but I really can’t tell. Yes the Morant Rising Star will be used for a Zion challenge just like the current challenge for the Edwards dunk. Hopefully the Zion challenge gets announced soon so we can see raised prices on our moments. I really think $1200 for Morant is undervalued considering what Lamelo is currently valued at. Edwards is not worth 3-4K more than a Zion moment, no matter if it’s the dunk of the year or not
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Old 03-13-2021, 08:52 PM   #8940
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Originally Posted by whodatbeastly16 View Post
I wouldn’t bail. These are hitting their absolute low. At least for the Zion challenge, that card is going to be 7k minimum. No reason for Deni to be <$500. Plus he’s a rookie. I’m definitely see the RS rising again
I feel like you need to become a Deni super collector for cards and top shot with how tightly you’re guarding and talking about that RS moment
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Old 03-13-2021, 08:53 PM   #8941
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Also at least for my Deni moment, in the past few hours the volume has been pretty good which signifies to me it’s currently undervalued. I wouldn’t just panic sell. These moments have value and pack drops always shake the market up for a couple days
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Old 03-13-2021, 08:53 PM   #8942
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Flipped all the Conley moments for just under 70 each. Plan to buy them back when they hit 45-50. Easy flips so far
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Old 03-13-2021, 08:55 PM   #8943
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I feel like you need to become a Deni super collector for cards and top shot with how tightly you’re guarding and talking about that RS moment
I’m not shilling, trust me. It’s just my most expensive moment and $100-$200 is a lot to me. So I’ve been paying very close attention. I hope i don’t come off as too annoying, I’m just trying my best to maximize my value. I’m more calm on my Kira rookie cause I plan that for a longer hold. I just want to time the sale of my Deni perfectly
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Old 03-13-2021, 08:56 PM   #8944
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Flipped all the Conley moments for just under 70 each. Plan to buy them back when they hit 45-50. Easy flips so far
I see these going down, but what do I know. These are a smart flip. Idk about you, but I’m having a ton of fun trying to snipe low-ish serial numbers to flip for like $10 profit a piece. I made like $60 in the past day doing so
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Old 03-13-2021, 08:59 PM   #8945
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I just want to time the sale of my Deni perfectly
Don't fall into this trap.

You most likely never will, especially in a crypto-style market such as this.

I like Deni...but he's most likely not going to get good run this year buried behind shot hogs like Westbrook and Beal. Hell, even Rui (who's currently a better player) has been lost in the sauce.


GL but don't marry these (borderline) moments.
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Old 03-13-2021, 09:01 PM   #8946
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Sorry my sarcasm meter is broken, but I really can’t tell. Yes the Morant Rising Star will be used for a Zion challenge just like the current challenge for the Edwards dunk. Hopefully the Zion challenge gets announced soon so we can see raised prices on our moments. I really think $1200 for Morant is undervalued considering what Lamelo is currently valued at. Edwards is not worth 3-4K more than a Zion moment, no matter if it’s the dunk of the year or not
How do you know what upcoming challenges there will be? For example the zion one? That obviously would impact what you sell/hold. Thanks for any insight..Im still trying to figure this thing out, haha
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Old 03-13-2021, 09:02 PM   #8947
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Originally Posted by ninjacookies View Post
Don't fall into this trap.

You most likely never will, especially in a crypto-style market such as this.

I like Deni...but he's most likely not going to get good run this year buried behind shot hogs like Westbrook and Beal. Hell, even Rui (who's currently a better player) has been lost in the sauce.


GL but don't marry these (borderline) moments.
I know. But I know for a fact that $400 is too low and that these will rise again at some point. I’m going to take my profit when I have to. There’s no way in hell Nickeil Alexander Walker should be the same price. Deni is undervalued and the challenge even been announced yet. I’ll wait until then if I have to but currently I’m just monitoring the prices a few times a day to ensure I’m not missing out on selling during a spike or something. Deni is a rookie who will be getting a badge, he’s not that much worse than Rui who’s moment was at 800 two days ago. I’ll try to get $600 for my Deni, but I ain’t selling for 4
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Old 03-13-2021, 09:03 PM   #8948
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How do you know what upcoming challenges there will be? For example the zion one? That obviously would impact what you sell/hold. Thanks for any insight..Im still trying to figure this thing out, haha
They said it when they announced the Edwards one that there will be a Zion too, but there’s been no official announcement for the Zion yet. I expect prices to rise when the occurs
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Old 03-13-2021, 09:06 PM   #8949
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They said it when they announced the Edwards one that there will be a Zion too, but there’s been no official announcement for the Zion yet. I expect prices to rise when the occurs
Thank you so much for taking the time to respond...I wasn't aware of that. I guess I need to watch the challenges closer! Thanks for your patience with this topshot newbie
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Old 03-13-2021, 09:06 PM   #8950
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I know. But I know for a fact that $400 is too low and that these will rise again at some point. I’m going to take my profit when I have to. There’s no way in hell Nickeil Alexander Walker should be the same price. Deni is undervalued and the challenge even been announced yet. I’ll wait until then if I have to but currently I’m just monitoring the prices a few times a day to ensure I’m not missing out on selling during a spike or something. Deni is a rookie who will be getting a badge, he’s not that much worse than Rui who’s moment was at 800 two days ago. I’ll try to get $600 for my Deni, but I ain’t selling for 4
Can't fault you. I'm holding all my SS's despite the ebbs and flows. Then again, I'm legit chasing the challenge.

Not a fan of this market throttling atm. I know people will point to their inability to properly and efficiently handle mass concurrent transactions, but this also seems like a calculated move to help buoy prices and divert userbase panic (aka destroying Lambo dreams).
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