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How is it even a bubble? A bare handful of high status sales? Sure the asking price for some silly crypto kitty might be high but is anybody really buying? And

by Klwohu 6y ago

How is it even a bubble? A bare handful of high status sales? Sure the asking price for some silly crypto kitty might be high but is anybody really buying? And where's the proof that they are?

ytpete 6y ago
> is anybody really buying? An NFT sold for $69 million just today: https://www.nytimes.com/2021/03/11/arts/design/nft-auction-christies-beeple.html https://www.nytimes.com/2021/03/11/arts/design/nft-auction-c... Aside from that eye-popping headline, the same article mentions other sales hitting $7.6 million (CryptoPunks), $6.6 million (another Beeple piece), $382k (Banksy-derived piece), $100k+ (CryptoKitties), etc. Whatever this phenomenon is, big money definitely is getting spent for real – to the extent you consider spending cryptocurrency "real," anyway!