NBA Top Shot - High Risk, High Reward?

[Brobocop]

Originally Posted by colbycolbycolby

You were telling people to buy, buy, buy while you were silently selling before going completely AWOL. Now you wanna show up with hindsight. Get real dude. Go back to Pokemon and pennies in poop. You're the reason alot of people are feeling bitter about this now.

Honestly I always liked a lot of Grade’s pumping and they’re the reason I kind of jumped in with my small initial investment. When they went silent, it was a signal to me to start pulling out. It’s the people here who keep pounding the drum of Top Shot that I find a bit annoying. Some folks are just in straight up denial about the platform.


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[alphaomegas]

PUMP and DUMP over? BTW insiders were the ones who was buying expensive ones etc and pumping everything else...Source: human nature when market isn't regulated and there is easy money to be made.

[rifleman69]

Originally Posted by colbycolbycolby

You were telling people to buy, buy, buy while you were silently selling before going completely AWOL. Now you wanna show up with hindsight. Get real dude. Go back to Pokemon and pennies in poop. You're the reason alot of people are feeling bitter about this now.

Last bagholder always loses. ALWAYS.

[b2k1121]

Originally Posted by Brobocop

Honestly I always liked a lot of Grade’s pumping and they’re the reason I kind of jumped in with my small initial investment. When they went silent, it was a signal to me to start pulling out. It’s the people here who keep pounding the drum of Top Shot that I find a bit annoying. Some folks are just in straight up denial about the platform.


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People keep saying this, but who is doing this? It's a Topshot thread. Unless you consider simply discussing Topshot as 'pounding the drum'. I'm not seeing anyone telling anyone else that they should be buying. And if a random person on the internet is still positive about Topshot, why would that be annoying to you?

[pejc300]

Originally Posted by grade

Sadly, everyone in this tread could have done a better job running TopShot for longevity Period/ . TopShot and Dapper is more about VC fund raising than longevity of this Topshot project. There can be a future for TS if VC/investors can some how replace the current decisions makers. *(EVERYONE that posted in this thread that actually collects physical cards. )

My current outlook which changes everyday because dapper changes the rules everyday , is to wait till everything bottoms out and buy $1-$2 moments and $10-50 superstar, rookies and S1's. Hold long term just incase the above happens.

Good luck. TopShot is a great concept and still is breathing , barely .

Bro, tell us how much you made. For real, would love to see. You crushed it I think. 6 figures?

[GeechQuest]

Originally Posted by GeechQuest

I think Grade is doing alright.

Dude has booked $71K profit AFTER fees. Even if the rest of his moments went to $0 and the entire thing plummeted, he’d still be up $13K as he only has $47,848 tied into the platform currently.

Not half bad for 2 months of flipping.

Originally Posted by grade

here is the good and bad.

Very close to actual numbers.

* the BAD: I should have been up $250,000+. I was literally too lazy to sell in Feb at the peak. Listing 700 moments was just too much to manage.

* the GOOD: I am net over 25K in hand with the rest still in TS. *Early trades and transactions have not been accounted for with the above numbers. Still have 500 moments.

*the future ? Totally changed my strategy . Getting rid of all moments over $1000, and moving towards sub $300 moments and lowball superstars under $5.


TS changes policies and business direction so often it is hard for users to plan for long term. Users strategies need to change with every announcement.


Not financial advice. But if anyone missed the boat the first time, right now would be a good time to start watching and entering as first timers. If you see any type of gradual rise in prices over several days , start thinking about jumping in. Currently i am neutral on the direction of TopShot. Monitoring the movement daily and ready to buy heavy if anything happens. But act fast when things happen, this digital investments are 100x faster than the old day investments.

Originally Posted by pejc300

Bro, tell us how much you made. For real, would love to see. You crushed it I think. 6 figures?

It’s all recorded on the blockchain.

[omega145]

Originally Posted by b2k1121

People keep saying this, but who is doing this? It's a Topshot thread. Unless you consider simply discussing Topshot as 'pounding the drum'. I'm not seeing anyone telling anyone else that they should be buying. And if a random person on the internet is still positive about Topshot, why would that be annoying to you?

Not even going to bother in keep going back and forth with these clowns. Another member placed on ignore. It's silly to see people come onto a thread just to bash something. They don't quite understand that yes it is possible to drop your thoughts about it but acting as if you are the end all, be all and that you know for certain that the "ship is sinking" is so dumb.

Anyone looking at picking up any particular season 1 moments? I really like that MPJ /3288 dunk.

[drobfan8]

Originally Posted by b2k1121

People keep saying this, but who is doing this? It's a Topshot thread. Unless you consider simply discussing Topshot as 'pounding the drum'. I'm not seeing anyone telling anyone else that they should be buying. And if a random person on the internet is still positive about Topshot, why would that be annoying to you?

Couldn't agree more.

Brobocop and others are so caught up in their own feelings they are seeing things that just aren't there or happened months ago.

You guys can leave now. You're bringing nothing to the table. You don't like TS and you think it has no future. Great. See ya.

[drobfan8]

Originally Posted by Brobocop

That sub is how things should be here. You have haters, you have lovers, you have people in between. Overall, it seems like people there are more realistic than they are here. One poster even pointed out something I was trying to articulate but didn’t do it correctly. What is stopping Top Shot from banning an account? You would lose all your moments because even though they are on the blockchain, they really aren’t yours. You can’t sell them on other exchanges, they have banned or suspended accounts for selling off the marketplace, and if they wanted you gone, you could be gone without much to show for it. The site doesn’t have to be shut down for you to lose everything. Doesn’t that defeat the point of the blockchain, crypto, and NFTs?

Dude you might just be the most painful person on BO now. Well done.

Partly because I blocked riflemon ages ago.

Seriously. The people on here are just trying to have fun.

We get it. Danger! Danger! Abort mission.

Far out. You're at a new low.

[rifleman69]

Originally Posted by drobfan8

Dude you might just be the most painful person on BO now. Well done.

Partly because I blocked riflemon ages ago.

Seriously. The people on here are just trying to have fun.

We get it. Danger! Danger! Abort mission.

Far out. You're at a new low.

Trying to have fun? No, you're looking for the next "mark" in order to dump your moment onto. Good luck!

[boxbuster7]

Holy cow, this is a bloodbath. I didn't think it could get this bad so quickly. Guess people got sick of playing hot potato. I'm out on everything but keeping sealed base packs. Not even sure the rare packs are worth it anymore.

My favorite topshot moment was selling a lebron james no look three out of a $9 base pack for $915

[grade]

This whole industry has been a blood bath for decades. Lots of Ups and downs.

Have fun on the ups, and pack them away on the downs. Bring them back out when the prices spike up in the future.

No different for decades. Just different medium. Paper, chrome and now digital.

[rifleman69]

Originally Posted by grade

This whole industry has been a blood bath for decades. Lots of Ups and downs.

Have fun on the ups, and pack them away on the downs. Bring them back out when the prices spike up in the future.

No different for decades. Just different medium. Paper, chrome and now digital.

This industry hasn't been around for decades. These are not "cards".

[Jopeal]

Originally Posted by rifleman69

You nailed it. Technically $1 a moment is the "floor" since the software still hasn't been updated to allow for cheaper.

Originally Posted by Brobocop

I just recall people on here saying $1 a moment wasn’t possible and if it happened, they’d scoop them up.


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Despite numerous attempts, I haven’t been able to successfully purchase a single $1 moment. I’ve since given up trying. The trade ticket system makes $1 moments an obvious buy for anyone paying attention.

[colbycolbycolby]

Originally Posted by grade

This whole industry has been a blood bath for decades. Lots of Ups and downs.

Have fun on the ups, and pack them away on the downs. Bring them back out when the prices spike up in the future.

No different for decades. Just different medium. Paper, chrome and now digital.

Financial investment, flipper boi, sneakerhead gainz $$$$ BS. Just money, money, money. Nothing about love of collecting. No heart. Comparing NFTs to tangible, finite assets like cards doesn't work. I'm not saying the card hobby isn't influenced by money because now it is. I'm considering future value now more than ever when buying cardboard. But it arrived to this point on the backs of people who love sports and love collecting.

I'm glad you got yours (and sorry for the losers), but this stuff was DOA as a long-term challenger to cards.

[boxbuster7]

Originally Posted by colbycolbycolby

Financial investment, flipper boi, sneakerhead gainz $$$$ BS. Just money, money, money. Nothing about love of collecting. No heart. Comparing NFTs to tangible, finite assets like cards doesn't work. I'm not saying the card hobby isn't influenced by money because now it is. I'm considering future value now more than ever when buying cardboard. But it arrived to this point on the backs of people who love sports and love collecting.

I'm glad you got yours (and sorry for the losers), but this stuff was DOA as a long-term challenger to cards.

Agreed...Brian Windhorst saying these are the new trading cards on sportscenter was so dumb. "You don't have to grade it or ship it". I'd take physical 10 times out of 10 over topshot.

[rifleman69]

Originally Posted by boxbuster7

"You don't have to grade it or ship it".

That also means, you don't own it.

[hoopstaj]

Originally Posted by omega145

Not even going to bother in keep going back and forth with these clowns. Another member placed on ignore. It's silly to see people come onto a thread just to bash something. They don't quite understand that yes it is possible to drop your thoughts about it but acting as if you are the end all, be all and that you know for certain that the "ship is sinking" is so dumb.

Anyone looking at picking up any particular season 1 moments? I really like that MPJ /3288 dunk.

The Bam moments seem cheap to me. His series 1 /1915 and /1611. They’re not really anything special but just looking at other good players seems cheap


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[big4mi2ke0]

Originally Posted by rifleman69

Trying to have fun? No, you're looking for the next "mark" in order to dump your moment onto. Good luck!

he stated that he blocked you yet you still reply... definition of the lowest form of trolling haha.

[grade]

Originally Posted by rifleman69

This industry hasn't been around for decades. These are not "cards".

These are digital cards that are Baskeball related.
It is what it is. NBA collectibles. I see this exactly like my other cards. Same difference, same money spent, same hobby allocation.

TopShot is grouped in my PSA, Wax, raw, pokemon, nba, mlb, nfl, cgc,cgs etc section of my spending and investing.

Different from my money in Stocks, IRA, crypto , property etc funds.

This tread is even in a forum it belongs, I go elsewhere to troll crypto, automotive and travelling topics.

[Brobocop]

Originally Posted by big4mi2ke0

he stated that he blocked you yet you still reply... definition of the lowest form of trolling haha.

But if they blocked Rifleman, would they be able to see each other’s posts? I thought that was the point of blocking?


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[ninjacookies]

I still feel like the somewhat 'safest' approach is asking yourself if you'd pay the equivalent for the physical card form. This is going to hold true because market saturation and buyer choices will continue to expand with each passing month. Ish smith bass /15,000 at $10 was stupid no matter how you cut it. At $0.25 it may make more sense for that special fan of undersized forgettable talents. TS needs to introduce fractional trading specifically for this purpose, because majority of the names and moments are garbage (frankly, no disrespect).

[salthill]

Originally Posted by big4mi2ke0

he stated that he blocked you yet you still reply... definition of the lowest form of trolling haha.

And now drob will see it because you quoted it, so you’re rifle’s comment-mule

[GeechQuest]

Wen pax?

[GeechQuest]

Originally Posted by salthill

And now drob will see it because you quoted it, so you’re rifle’s comment-mule

Comment-mule!!!!!

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