NBA Top Shot - High Risk, High Reward?

[drobfan8]

Originally Posted by Howie7107

You're talking about the market as a whole. Using 2 moments/players to index an entire market is negligent. And if you don't think you're going to see a negative impact on even LeBron and Luka moments when they flood the market again, well you're just wrong.

Have another read chump

[drobfan8]

Originally Posted by yiguiri2002

Commons won't crash as long as they keep having pre-requisites for packs with huge EV

Exactly.

Unless you have 50 moments, there's really no point in selling them for $1.

Different back when there were no requirements. Add in that most are happy to hold them in case they're in a challenge. Any time I sell a moment for $1 less than asking price, even the cheapest moment, it sells immediately. Weird.

[drobfan8]

Oh wow. Just checked some of my moments and others I'm interested in and they haven't fallen off a cliff.

Howie and Rifleman are you guys ok? I can imagine you shaking your fist at computer screen as vigorous as you can.

[Wildcat55]

Originally Posted by rysportguy

For what it's worth that FVV situation was investigated and it turned out that it involved a Lebron deal. Two people made a deal for a Lebron for $140k but they were worried if they listed it that someone else would snipe it so they used the FVV to make the deal and then gifted the Lebron. Not an ideal situation but it isn't as nefarious as it looks. To be honest you would have to be an idiot to do something illegal like that. It sticks out like a sore thumb.

That makes sense...this is also why I would love for TS to create a “make offer” feature that you can turn on or off like Ebay has. That way the transaction still stays within their marketplace eco-system but allows for someone to make a reasonable offer on a high priced moment that might not move otherwise. Their will still be marketplace transparency in the price with the blockchain..

[b2k1121]

Originally Posted by yiguiri2002

Commons won't crash as long as they keep having pre-requisites for packs with huge EV

Yeah I think the /35k floor will drop a bit, but it really doesn't makes sense why anyone would list them for like $2 or $3 when you could just hold them for pack requirements and until they are inevitably used in a challenge and go up to $20.

[rifleman69]

Originally Posted by rysportguy

Finally something we agree on lol

we have to stop meeting like this.

[omega145]

Originally Posted by drobfan8

Oh wow. Just checked some of my moments and others I'm interested in and they haven't fallen off a cliff.

Howie and Rifleman are you guys ok? I can imagine you shaking your fist at computer screen as vigorous as you can.

Any time there are market corrections in anything, the haters come out in droves. I see this all over Crypto threads regularly on multiple forums. They always jump in to try and damper the mood even when people are enjoying the conversation AND making money. Of course, they are quick to show up when things dip. Gotta wonder how miserable these people are to only focus on the negative. Their lives must really suck.

BTW, just checked the current value on my TS account and I'm up $200 since the last time I checked a couple of weeks back.

[val47]

Originally Posted by omega145

Any time there are market corrections in anything, the haters come out in droves. I see this all over Crypto threads regularly on multiple forums. They always jump in to try and damper the mood even when people are enjoying the conversation AND making money. Of course, they are quick to show up when things dip. Gotta wonder how miserable these people are to only focus on the negative. Their lives must really suck.

BTW, just checked the current value on my TS account and I'm up $200 since the last time I checked a couple of weeks back.

It's to easy to hate but while they take the easy path we take the work and we make the money, they just watch and do nothing

[b2k1121]

Feel bad for the people that will have their TJ Mcconnell still listed for $100+ as the challenge expires

[b2k1121]

Feel even worse for the guy that bought one for $105 after the timer expired

[redsfaithful]

I think this might actually be the first pack that loses money for some people. I joined the queue at 2:08 and there's 115k ahead of me already.

[CKB]

Finally I get a good number on the queue and it is not a legendary pack.

[beavers]

I just joined and am at 120k

[2010GBPackers]

Originally Posted by val47

It's to easy to hate but while they take the easy path we take the work and we make the money, they just watch and do nothing

I think this the "haters" point. There's nothing about TS that is collector based. It's all about making money. Eventually, it will implode because there's no real collector base and there is no utilitarian function for them.

[Chris P]

Bleh pack

Gary Harris Dunk (#29138/35000)
Gallanari Jump Shot (#15533/35000)
Derozan Jump Shot (#8475/35000)

[Bruvydsb]

Originally Posted by redsfaithful

I think this might actually be the first pack that loses money for some people. I joined the queue at 2:08 and there's 115k ahead of me already.

Doubt it. Even the worst three moments will be $4-$5.

[Brobocop]

Originally Posted by Bruvydsb

Doubt it. Even the worst three moments will be $4-$5.

You forget the $25 fee to withdraw and the marketplace fees. Yes, packs are already losing money and have been for a while.

[redsfaithful]

Originally Posted by Bruvydsb

Doubt it. Even the worst three moments will be $4-$5.

Maybe, eventually hundreds of thousands of new moments being released is going to push the low to $3-$4 and so on, even with pack requirements I think.

I'm happy to get whatever though, these three moments will push me back over 15 at $3 each, so I personally look at it as a good deal regardless.

Could be we get through series 2 without that happening, but I would think it's guaranteed when season 3 comes. I assume season 3 print runs will be at least 40-50k.

[Bruvydsb]

Originally Posted by Brobocop

You forget the $25 fee to withdraw and the marketplace fees. Yes, packs are already losing money and have been for a while.

If you are depositing and immediately withdrawing after every pack you will lose money (and deserve to).

[rysportguy]

Originally Posted by Bruvydsb

If you are depositing and immediately withdrawing after every pack you will lose money (and deserve to).

Yeah the bears are grasping at anything at this point lol

[rysportguy]

Originally Posted by 2010GBPackers

I think this the "haters" point. There's nothing about TS that is collector based. It's all about making money. Eventually, it will implode because there's no real collector base and there is no utilitarian function for them.

I'm always amazed at cardboard collectors trying to tell us that there is no collector base for sports highlights.

[weatherwarrior]

Originally Posted by 2010GBPackers

This makes me laugh every time.


While Dapper Labs says they still technically in "beta" mode and are enabling withdrawals as fast as they can — the company told CNN that as of April 23 "more than half" of customers have access to withdrawals — some of the users who have been waiting to gain access to their money have given to despair.

"I haven't gotten the money, I don't think I'll ever get the money," said Vincent Diciglio. "I've accepted that I'll never see it." - CNN

I know there are a lot of folks that are unable to withdrawal. I was able to get verified by around day 35 from when I created my account and the withdraw was in my account in 4 days from the request.

Getting money out of this endeavor quickly will be the key going forward what is the incentive to grow the base number of users when people are dreading the long wait to withdrawal. Negative publicity about Withdrawals is only going to create more angst for new users to join.

[Brobocop]

Originally Posted by rysportguy

Yeah the bears are grasping at anything at this point lol

The bears? Lol, okay.

[rysportguy]

Originally Posted by Brobocop

The bears? Lol, okay.

The $25 withdraw fee (which is standard for wire transfers btw) is a pretty lame talking point when talking about profit.

[LeonfromNC]

Got a pack

Devin Vessell (yay got a rookie!)
Robert Williams (low number)
Aaron Gordon (magic uni)

Not bad. Happy to get a rookie.