NBA Top Shot - High Risk, High Reward? - Page 75

jcardstore · 02-10-2021, 10:21 AM

Quote:

Originally Posted by whodatbeastly16

Yet on the first page you claim to have mined bitcoin for a bit back in the day? How do you do that with no knowledge of crypto? You keep mixing up your stories bud.

His entire "story" is crap

grade · 02-10-2021, 10:21 AM

Quote:

Originally Posted by jcardstore

I guess once you learn TopShot you immediately become an expert in everything crypto related

I have no clue what i am doing. Been stating luck and timing plays a big role in any investment or business.

Again, i have absolutely no clue about crypto. So like with TS, i just bought a whole bunch of crypto (similar to the mutual fund theory) to spread out my "risk" .

This is what i bought in weighted order.

rifleman69 · 02-10-2021, 10:21 AM

Quote:

Originally Posted by grade

Worrying about losing less than a box of wax nowadays. Just so ridiculous.

He's finally come to the realization that his $25k "profit" isn't coming his way. Where's the portfolio updates?

grade · 02-10-2021, 10:23 AM

Quote:

Originally Posted by whodatbeastly16

Yet on the first page you claim to have mined bitcoin for a bit back in the day? How do you do that with no knowledge of crypto? You keep mixing up your stories bud.

i quit after one day when i realized you cannot do it on a laptop. That was it.

stop trying so hard.

rifleman69 · 02-10-2021, 10:24 AM

Quote:

Originally Posted by grade

I have no clue what i am doing. Been stating luck and timing plays a big role in any investment or business.

Again, i have absolutely no clue about crypto. So like with TS, i just bought a whole bunch of crypto (similar to the mutual fund theory) to spread out my "risk" .

This is what i bought in weighted order.

The mutual fund theory? LOLOLOL No one besides 401k plans invests in mutual funds.

jcardstore · 02-10-2021, 10:24 AM

Admits he knows nothing about crypto but "invests" in 30 different coins? Give me a freaking break lmao

Brobocop · 02-10-2021, 10:25 AM

So thankful I only put in $21 into this thing. The little message that they've added at the bottom that says "# of people with access to withdrawals: 5000 (3000 recently added)" sounds like BS. Wonder how the discord is going?

grade · 02-10-2021, 10:25 AM

Quote:

Originally Posted by rifleman69

He's finally come to the realization that his $25k "profit" isn't coming his way. Where's the portfolio updates?

it been as high as $40,000's . for the last week between $25,000-30,000
nothing interesting.

whodatbeastly16 · 02-10-2021, 10:26 AM

I think the word he's looking for is "diversifying"

notoriousrmb · 02-10-2021, 10:26 AM

Reminds me of the digital Topps apps like Bunt.

Early days, the digital cards sold for huge money because pack drops were scarce and affordable (free in some cases) and everyone wanted in on the next thing.

As soon as the company got it all sorted out and packs became easier to purchase (due to paywalls!) the overall interest waned.

Sure, the digital bunt cards still hold some value and are bought/sold/traded but the overall portfolio values are fractions of what they were in the first year or two of releases.

I see this going the same way - as soon as the bugs are worked out and the flood of wannabe players can buy all the $49.99 packs they want, values will plummet on all but the very top cards.

whodatbeastly16 · 02-10-2021, 10:28 AM

Dang only lost 25% in a week not bad

rifleman69 · 02-10-2021, 10:28 AM

Quote:

Originally Posted by jcardstore

I guess once you learn TopShot you immediately become an expert in everything crypto related

We should introduce him to Craig Wright's "bitcoin".

jcardstore · 02-10-2021, 10:31 AM

I'm going to invest in oil futures. Don't know anything about it but something something diversification

rifleman69 · 02-10-2021, 10:31 AM

Quote:

Originally Posted by grade

i quit after one day when i realized you cannot do it on a laptop. That was it.

stop trying so hard.

Technically you can mine bitcoin on your laptop, but the energy cost would be 1000X what you'd get out of it.

grade · 02-10-2021, 10:32 AM

Quote:

Originally Posted by whodatbeastly16

Dang only lost 25% in a week not bad

12-15x in one month is not bad also. All in context.

rifleman69 · 02-10-2021, 10:32 AM

Quote:

Originally Posted by grade

it been as high as $40,000's . for the last week between $25,000-30,000
nothing interesting.

Man, if all of that 40k was in your dapper account, by Christmas you'd be able to withdraw it!

rifleman69 · 02-10-2021, 10:33 AM

Quote:

Originally Posted by grade

12-15x in one month is not bad also. All in context.

it's only 12-15X when the cash is physically in your bank account or hand.

jcardstore · 02-10-2021, 10:34 AM

Quote:

Originally Posted by rifleman69

it's only 12-15X when the cash is physically in your bank account or hand.

grade · 02-10-2021, 10:34 AM

Quote:

Originally Posted by rifleman69

Technically you can mine bitcoin on your laptop, but the energy cost would be 1000X what you'd get out of it.

Technically, but i quit after one day of the laptop running and heating up. Was funny and a story i tell a lot. Wish i just bought and forgot about all these years.

Brobocop · 02-10-2021, 10:35 AM

Quote:

Originally Posted by rifleman69

Man, if all of that 40k was in your dapper account, by Christmas you'd be able to withdraw it!

Christmas 2023.

grade · 02-10-2021, 10:36 AM

Quote:

Originally Posted by rifleman69

it's only 12-15X when the cash is physically in your bank account or hand.

100% true. It is only a scam when a company shuts down or vanishes overnight.

Wallstreet and crypto has a great history of that happening.

rifleman69 · 02-10-2021, 10:37 AM

Quote:

Originally Posted by grade

100% true. It is only a scam when a company shuts down or vanishes overnight.

Wallstreet and crypto has a great history of that happening.

But you wouldn't know about the crypto history since you've only been in it for maybe 3 weeks right?

grade · 02-10-2021, 10:40 AM

Quote:

Originally Posted by Brobocop

Christmas 2023.

thats right. was thinking about all those $1,000,000 accounts that will take 100 years withdrawing $1000 a month.

It is what it is. TS has so much to figure out. But for me, the risk was small like cracking wax.

I am sure many here talking like perfect investors made bad investments many times. Especially with sportscards.

whodatbeastly16 · 02-10-2021, 10:43 AM

But sports cards aren't an investment vehicle at least to me personally.

whodatbeastly16 · 02-10-2021, 10:43 AM

Or at the minimum, the investment side comes second to the joy I get from the hobby. Can you say the same for anyone using Topshot?

02-10-2021, 10:24 AM	#1856
jcardstore Member Join Date: Mar 2014 Posts: 21,792 Jcardstore	Admits he knows nothing about crypto but "invests" in 30 different coins? Give me a freaking break lmao __________________ Just moonwalking through hell on my last brain cell

02-10-2021, 10:31 AM	#1863
jcardstore Member Join Date: Mar 2014 Posts: 21,792 Jcardstore	I'm going to invest in oil futures. Don't know anything about it but something something diversification __________________ Just moonwalking through hell on my last brain cell

02-10-2021, 10:25 AM	#1857
Brobocop Member Join Date: May 2011 Location: Cleveland, OH Posts: 13,722 brobocop2	So thankful I only put in $21 into this thing. The little message that they've added at the bottom that says "# of people with access to withdrawals: 5000 (3000 recently added)" sounds like BS. Wonder how the discord is going?

02-10-2021, 10:26 AM	#1859
whodatbeastly16 Member Join Date: Jun 2014 Posts: 3,896	I think the word he's looking for is "diversifying"

02-10-2021, 10:26 AM	#1860
notoriousrmb Member Join Date: Nov 2009 Posts: 6,817	Reminds me of the digital Topps apps like Bunt. Early days, the digital cards sold for huge money because pack drops were scarce and affordable (free in some cases) and everyone wanted in on the next thing. As soon as the company got it all sorted out and packs became easier to purchase (due to paywalls!) the overall interest waned. Sure, the digital bunt cards still hold some value and are bought/sold/traded but the overall portfolio values are fractions of what they were in the first year or two of releases. I see this going the same way - as soon as the bugs are worked out and the flood of wannabe players can buy all the $49.99 packs they want, values will plummet on all but the very top cards.

02-10-2021, 10:28 AM	#1861
whodatbeastly16 Member Join Date: Jun 2014 Posts: 3,896	Dang only lost 25% in a week not bad

02-10-2021, 10:43 AM	#1874
whodatbeastly16 Member Join Date: Jun 2014 Posts: 3,896	But sports cards aren't an investment vehicle at least to me personally.

02-10-2021, 10:43 AM	#1875
whodatbeastly16 Member Join Date: Jun 2014 Posts: 3,896	Or at the minimum, the investment side comes second to the joy I get from the hobby. Can you say the same for anyone using Topshot?