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For me, the weirdest part is that you apparently place a $70,000,000 bid at Christie's the same way you'd place a $70 bid for a used phone on eBay. https://twi
by jonas21 6y ago
For me, the weirdest part is that you apparently place a $70,000,000 bid at Christie's the same way you'd place a $70 bid for a used phone on eBay.
https://twitter.com/justinsuntron/status/1370227566125096961 https://twitter.com/justinsuntron/status/1370227566125096961
- trhway 6y agoFor people placing $70M bids those money are probably less important than $70 for somebody who buys a used phone. Wrt. the people trying to question what value NFT has - well what value a piece of a paper with a black square has? I'd guess close to $0 or less - a ruined piece of paper. Until of course it is said to be done by Kandinsky. The value of the most of the art is in that information, not in the material artifact. NFT is just a distillation of that idea. Reminds a recent Russian meme - a photo of Kandinsky with a bubble "Everybody can paint the same. Not everybody can sell the same way."
- ALittleLight 6y agoAlso weird that at around 1:55 in this video the user seems to be trying to place a bid for 70 million and can't for some reason. Is this a bug in their auction UI costing someone 10 million dollars? https://twitter.com/justinsuntron/status/1370227566125096961 https://twitter.com/justinsuntron/status/1370227566125096961
- Grustaf 6y agoWas he using RobinHood?