NBA Top Shot - High Risk, High Reward?

[b2k1121]

Originally Posted by boxbuster7

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.

You're on a physical card website so obviously you feel that way, but whether you or anyone likes it or not, NFTs are here to stay. No, the card hobby isn't going to die tomorrow because of it and no, not all NFTs will be successful. The 'you don't have to grade it and ship it' is actually a very good point in favor of NFTs. They remove all the pain points of physical card buying/selling. Old guys on a physical card site thinks it's crazy, but young people don't.

[Brobocop]

Originally Posted by 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).

This is why I think the idea of the platform is a good one, it’s just that the one that will be successful long term hadn’t come out yet. Being first doesn’t mean you’ll be around the longest. Then again, maybe Top Shot figures it out and holds its place as number one. It is incredibly easy to use which is nice.


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[b2k1121]

Originally Posted by Brobocop

This is why I think the idea of the platform is a good one, it’s just that the one that will be successful long term hadn’t come out yet. Being first doesn’t mean you’ll be around the longest. Then again, maybe Top Shot figures it out and holds its place as number one. It is incredibly easy to use which is nice.


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That's why I'm keeping some of my February boom money on the site. There is little risk for me to stick around and pick my spots with packs and debut moments if they drop low enough. They built a pretty addicting product honestly. The Discords I'm in are filled with people talking about how much money they lost and they still can't stay away.

[rifleman69]

Originally Posted by grade

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.

Game-used jerseys, sneakers, tickets, in-arena promotional items are in the same basket as physical cards and TopShot? Interesting.

[rifleman69]

Originally Posted by big4mi2ke0

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

He'll see your post though with the quote.

[rifleman69]

Originally Posted by 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).

As soon as they do, race to the bottom on the "common bass", and rightfully so.

[ninjacookies]

Originally Posted by rifleman69

As soon as they do, race to the bottom on the "common bass", and rightfully so.

Probably. The market is still very much in price discovery mode, just like Topps. But it's going to be tough to find stability when the initial hype wore off and the crypto volatility index is at an ath.

Plus these just don't have utility right now. There's a few dfs-type projects currently in early development, but until any of those gains major traction, there simply won't be enough people HODLing long term for novelty or a desktop wallpaper.

[rifleman69]

Originally Posted by ninjacookies

Probably. The market is still very much in price discovery mode, just like Topps. But it's going to be tough to find stability when the initial hype wore off and the crypto volatility index is at an ath.

Plus these just don't have utility right now. There's a few dfs-type projects currently in early development, but until any of those gains major traction, there simply won't be enough people HODLing long term for novelty or a desktop wallpaper.

Yep, no utility...if I want the moment, I'll "buy" it on youtube.

[Archangel1775]

Now that everything is worthless, I need to see some Run it Back Sets. Would love to build a Dream Team 1 set. Seemingly they did a 2013/14 only HL set. A 1992/93 set would have a ton of legends. Some were at the tail end of their careers but that would still be epic. Come on NBPA!

[Brobocop]

Just curious, on Reddit and even in here, the thought seems to be that if a holo pack drop happened, it’d tank the market further. Is it because of more supply or people selling moments to be able to afford the pack?


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[b2k1121]

Originally Posted by Brobocop

Just curious, on Reddit and even in here, the thought seems to be that if a holo pack drop happened, it’d tank the market further. Is it because of more supply or people selling moments to be able to afford the pack?


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People try to build up their Dapper balance instead of depositing more or using a credit card whenever there is a pack drop, this one will be $1k so that's going to be a lot of selling for a lot of people especially with the reduced prices.

[b2k1121]

They are finally giving us a roadmap of what's coming:

https://blog.nbatopshot.com/posts/may-updates

[Archangel1775]

A lot of doom and gloom for both cardboard and TS on these forums. Not a lot of motivation to go around. Maybe I can finally buy a Holo Icon pack this time around if they post them.

[Archangel1775]

Originally Posted by b2k1121

They are finally giving us a roadmap of what's coming:

https://blog.nbatopshot.com/posts/may-updates

Ask and I shall receive apparently. Thanks for posting.

That's a lot of improvement. My team got ousted from the playoffs but I'm sure they'll have the Play-In Moments. LeBron shooting over Curry should be a great Moment to own. I still don't know why Steph peeled off him.

[grade]

Originally Posted by rifleman69

Game-used jerseys, sneakers, tickets, in-arena promotional items are in the same basket as physical cards and TopShot? Interesting.

Did rotary Dial phones, telegraphs, phone modems, cable TV, steam engines , firewood eventually lead to iphone12, wifi, EV vehicles and microwave ovens that make life easier?

I old , but i enjoy most modern technology that make life easier.

[drobfan8]

Originally Posted by Archangel1775

Now that everything is worthless, I need to see some Run it Back Sets. Would love to build a Dream Team 1 set. Seemingly they did a 2013/14 only HL set. A 1992/93 set would have a ton of legends. Some were at the tail end of their careers but that would still be epic. Come on NBPA!

I also want in on the Run it back series.

I feel if TS were desperate they have a ton of ideas ready to roll out but they don't need to..

The world might be entering a recession. Just keep sorting out the problems and slowly build.

[rifleman69]

Originally Posted by grade

Did rotary Dial phones, telegraphs, phone modems, cable TV, steam engines , firewood eventually lead to iphone12, wifi, EV vehicles and microwave ovens that make life easier?

I old , but i enjoy most modern technology that make life easier.

Which has nothing to do with the original point but I'll play along. NFT's make life "easier"? I'm all for hearing about this one.

[omega145]

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.

Agreed. Tried to reason with him too and mentioned rifleman as the supreme troll and he seemed to be going down that same path. Put him on ignore and this thread is much better with both of them blocked. I'd suggest others do the same and let them talk to the wall.

Originally Posted by grade

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

True of any hobby. Look at the junk wax era or comic crash of the 90's. But of course collectors and ignorant people are short sighted and would rather vent their frustration on a forum instead of living a happy life.

Originally Posted by hoopstaj

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

I feel like Bam and some of those other Heat players were hyped up after that nice playoff run last season but don't see a lot of future potential or collectability in guys like Bam and Herro. I think the best play is to get established players or rising stars like Zion/Luka/MPJ with great moments.

Originally Posted by b2k1121

You're on a physical card website so obviously you feel that way, but whether you or anyone likes it or not, NFTs are here to stay. No, the card hobby isn't going to die tomorrow because of it and no, not all NFTs will be successful. The 'you don't have to grade it and ship it' is actually a very good point in favor of NFTs. They remove all the pain points of physical card buying/selling. Old guys on a physical card site thinks it's crazy, but young people don't.

Yep, i'm a fan of both physical cards and Top Shot. Don't need to disparage one or the other to be into them. It's that whole silly tribal attitude that humans don't even realize they are a part of when they'd rather demean something than understand why people enjoy them.

[grade]

Originally Posted by rifleman69

Which has nothing to do with the original point but I'll play along. NFT's make life "easier"? I'm all for hearing about this one.

Many reasons. Checked into TopShot because of the problems of PSA Sub times, inconsistent grading , Card saver 1's , time, etc.

[Duvalier]

Originally Posted by grade

Did rotary Dial phones, telegraphs, phone modems, cable TV, steam engines , firewood eventually lead to iphone12, wifi, EV vehicles and microwave ovens that make life easier?

I old , but i enjoy most modern technology that make life easier.

Physical collectibles into digital collectibles? Who would want something like that? I'm just glad things like newspapers, books and magazines haven't evolved into some sort of digital literature.

[Brobocop]

Originally Posted by grade

Many reasons. Checked into TopShot because of the problems of PSA Sub times, inconsistent grading , Card saver 1's , time, etc.

Card saver 1’s are the most annoying part of it, I can’t find any unless I wanna buy a box of 200 of them. I just wanna submit maybe four cards for grading.


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[grade]

Originally Posted by Brobocop

Card saver 1’s are the most annoying part of it, I can’t find any unless I wanna buy a box of 200 of them. I just wanna submit maybe four cards for grading.


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box of Card saver 1's were hitting $100+ last year. LOL.

I actually opened a wholesale account with one of the suppliers to order 100 boxes (min order). They delayed the order 4 times and eventually just cancelled the order.

[rifleman69]

Originally Posted by grade

Many reasons. Checked into TopShot because of the problems of PSA Sub times, inconsistent grading , Card saver 1's , time, etc.

So you now admit this is a bubble into NFT's because of the PSA backlog. Glad we finally reigned you in after all this time!

[omega145]

Originally Posted by Duvalier

Physical collectibles into digital collectibles? Who would want something like that? I'm just glad things like newspapers, books and magazines haven't evolved into some sort of digital literature.

Great point and will be using this for future debates on those that don't quite understand the intangible nature. Mark Cuban stated something along the lines of we as a people have to get around the idea of no value in intangible items and only equating value to tangible things.

[Brobocop]

Originally Posted by omega145

Great point and will be using this for future debates on those that don't quite understand the intangible nature. Mark Cuban stated something along the lines of we as a people have to get around the idea of no value in intangible items and only equating value to tangible things.

If you don’t have me blocked, I was going to say here is where we agree. I think had Top Shot released with an app, they’d be killing it. I also think Top Shot has to make these things easily available off the site in terms of buying and selling. Then again, maybe they view the trade off being an easy to use platform.


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