Bidding currently at $30K on a fractional share of a video clip at Heritage Auctions

[Mark17]

Originally Posted by Exhibitman

The more I read about this the more it looks to me like phony-baloney demand for an otherwise uninteresting thing ginned up by a savvy media campaign and perpetuated by the equivalent of a velvet rope in front of the bar to restrict entry and raise the level of FOMO to a frenzy. Hard pass.

It reminds me of Seinfeld: A show about nothing.

But then again, look at how many hundreds of millions that "show about nothing" raked in.....

[Exhibitman]

Originally Posted by Mark17

It reminds me of Seinfeld: A show about nothing.

GEORGE: See, this should be a collectible. This is the collectible.

JERRY: What?

GEORGE: This. Just a short video clip that is online.

JERRY: (dismissing) Yeah, right.

GEORGE: I'm really serious. I think that's a good idea.

JERRY: A non-existent collectible that no one issues and no one can touch? Well, what's the collector get?

GEORGE: Nothing.

JERRY: No real item?

GEORGE: No, forget the real item.

JERRY: You've got to have something to collect.

GEORGE: Who says you gotta have that?

JERRY: And who supports this item? What does it look like?

GEORGE: Anything. I could be on a clip.

JERRY: You?

GEORGE: Yeah. You could base a clip on me.

JERRY: So, there's a clip showing George Costanza?

GEORGE: Yeah. There's something wrong with that? I'm a character. People are always saying to me, "You know you're a quite a character."

JERRY: And who else is on a clip?

GEORGE: Elaine could be a clip. Kramer...

JERRY: Now he's a character. (Pause) So anybody I know gets to be on a clip?

GEORGE: Right.

JERRY: And it's a collectible that doesn't exist and is backed by no one and nothing?

GEORGE: Absolutely nothing.

JERRY: So you're saying, I go in to Topps, and tell them I got this idea for a collectible that is nothing.

GEORGE: We go into Topps.

JERRY: "We"? Since when are you a writer?

GEORGE: (Scoffs) Writer. We're talking about a baseball card maker.

JERRY: You want to go with me to Topps?

GEORGE: Yeah. I think we really got something here.

JERRY: What do we got?

GEORGE: An idea.

JERRY: What idea?

GEORGE: An idea for a collectible.

JERRY: I still don't know what the idea is.

GEORGE: It's nothing.

JERRY: Right.

GEORGE: Everybody's making something, we'll make nothing.

JERRY: So, we go into Topps, we tell them we've got an idea for a collectible that is nothing.

GEORGE: Exactly.

JERRY: They say, "What's your collectible made of?" I say, "Nothing."

GEORGE: There you go.

(A moment passes)

JERRY: (Nodding) I think you may have something there.

[ullmandds]

Originally Posted by Exhibitman

GEORGE: See, this should be a collectible. This is the collectible.

JERRY: What?

GEORGE: This. Just a short video clip that is online.

JERRY: (dismissing) Yeah, right.

GEORGE: I'm really serious. I think that's a good idea.

JERRY: A non-existent collectible that no one issues and no one can touch? Well, what's the collector get?

GEORGE: Nothing.

JERRY: No real item?

GEORGE: No, forget the real item.

JERRY: You've got to have something to collect.

GEORGE: Who says you gotta have that?

JERRY: And who supports this item? What does it look like?

GEORGE: Anything. I could be on a clip.

JERRY: You?

GEORGE: Yeah. You could base a clip on me.

JERRY: So, there's a clip showing George Costanza?

GEORGE: Yeah. There's something wrong with that? I'm a character. People are always saying to me, "You know you're a quite a character."

JERRY: And who else is on a clip?

GEORGE: Elaine could be a clip. Kramer...

JERRY: Now he's a character. (Pause) So anybody I know gets to be on a clip?

GEORGE: Right.

JERRY: And it's a collectible that doesn't exist and is backed by no one and nothing?

GEORGE: Absolutely nothing.

JERRY: So you're saying, I go in to Topps, and tell them I got this idea for a collectible that is nothing.

GEORGE: We go into Topps.

JERRY: "We"? Since when are you a writer?

GEORGE: (Scoffs) Writer. We're talking about a baseball card maker.

JERRY: You want to go with me to Topps?

GEORGE: Yeah. I think we really got something here.

JERRY: What do we got?

GEORGE: An idea.

JERRY: What idea?

GEORGE: An idea for a collectible.

JERRY: I still don't know what the idea is.

GEORGE: It's nothing.

JERRY: Right.

GEORGE: Everybody's making something, we'll make nothing.

JERRY: So, we go into Topps, we tell them we've got an idea for a collectible that is nothing.

GEORGE: Exactly.

JERRY: They say, "What's your collectible made of?" I say, "Nothing."

GEORGE: There you go.

(A moment passes)

JERRY: (Nodding) I think you may have something there.

That's an episode!!!!

[Mark17]

Originally Posted by Exhibitman

GEORGE: See, this should be a collectible. This is the collectible.

JERRY: What?

GEORGE: This. Just a short video clip that is online.

JERRY: (dismissing) Yeah, right.

GEORGE: I'm really serious. I think that's a good idea.

JERRY: A non-existent collectible that no one issues and no one can touch? Well, what's the collector get?

GEORGE: Nothing.

JERRY: No real item?

GEORGE: No, forget the real item.

JERRY: You've got to have something to collect.

GEORGE: Who says you gotta have that?

JERRY: And who supports this item? What does it look like?

GEORGE: Anything. I could be on a clip.

JERRY: You?

GEORGE: Yeah. You could base a clip on me.

JERRY: So, there's a clip showing George Costanza?

GEORGE: Yeah. There's something wrong with that? I'm a character. People are always saying to me, "You know you're a quite a character."

JERRY: And who else is on a clip?

GEORGE: Elaine could be a clip. Kramer...

JERRY: Now he's a character. (Pause) So anybody I know gets to be on a clip?

GEORGE: Right.

JERRY: And it's a collectible that doesn't exist and is backed by no one and nothing?

GEORGE: Absolutely nothing.

JERRY: So you're saying, I go in to Topps, and tell them I got this idea for a collectible that is nothing.

GEORGE: We go into Topps.

JERRY: "We"? Since when are you a writer?

GEORGE: (Scoffs) Writer. We're talking about a baseball card maker.

JERRY: You want to go with me to Topps?

GEORGE: Yeah. I think we really got something here.

JERRY: What do we got?

GEORGE: An idea.

JERRY: What idea?

GEORGE: An idea for a collectible.

JERRY: I still don't know what the idea is.

GEORGE: It's nothing.

JERRY: Right.

GEORGE: Everybody's making something, we'll make nothing.

JERRY: So, we go into Topps, we tell them we've got an idea for a collectible that is nothing.

GEORGE: Exactly.

JERRY: They say, "What's your collectible made of?" I say, "Nothing."

GEORGE: There you go.

(A moment passes)

JERRY: (Nodding) I think you may have something there.

All I can say is LOL!!!!!!!!!!!!

Brilliant!!!!! And it describes these video clips perfectly - they are nothing. Air.

[ullmandds]

So's cryptocurrency! Heck so is the USD at this point!!!!

[egri]

Originally Posted by Exhibitman

GEORGE: See, this should be a collectible. This is the collectible.

JERRY: What?

GEORGE: This. Just a short video clip that is online.

JERRY: (dismissing) Yeah, right.

GEORGE: I'm really serious. I think that's a good idea.

JERRY: A non-existent collectible that no one issues and no one can touch? Well, what's the collector get?

GEORGE: Nothing.

JERRY: No real item?

GEORGE: No, forget the real item.

JERRY: You've got to have something to collect.

GEORGE: Who says you gotta have that?

JERRY: And who supports this item? What does it look like?

GEORGE: Anything. I could be on a clip.

JERRY: You?

GEORGE: Yeah. You could base a clip on me.

JERRY: So, there's a clip showing George Costanza?

GEORGE: Yeah. There's something wrong with that? I'm a character. People are always saying to me, "You know you're a quite a character."

JERRY: And who else is on a clip?

GEORGE: Elaine could be a clip. Kramer...

JERRY: Now he's a character. (Pause) So anybody I know gets to be on a clip?

GEORGE: Right.

JERRY: And it's a collectible that doesn't exist and is backed by no one and nothing?

GEORGE: Absolutely nothing.

JERRY: So you're saying, I go in to Topps, and tell them I got this idea for a collectible that is nothing.

GEORGE: We go into Topps.

JERRY: "We"? Since when are you a writer?

GEORGE: (Scoffs) Writer. We're talking about a baseball card maker.

JERRY: You want to go with me to Topps?

GEORGE: Yeah. I think we really got something here.

JERRY: What do we got?

GEORGE: An idea.

JERRY: What idea?

GEORGE: An idea for a collectible.

JERRY: I still don't know what the idea is.

GEORGE: It's nothing.

JERRY: Right.

GEORGE: Everybody's making something, we'll make nothing.

JERRY: So, we go into Topps, we tell them we've got an idea for a collectible that is nothing.

GEORGE: Exactly.

JERRY: They say, "What's your collectible made of?" I say, "Nothing."

GEORGE: There you go.

(A moment passes)

JERRY: (Nodding) I think you may have something there.

I'd like to see them do that episode with Abbott and Costello guest starring.

[judsonhamlin]

Basically just high tech Sportflics.

[justrun7]

I don't understand the hype with these, but I got one of the $14 packs over the weekend out of curiosity. I couldn't list the cards right away but logged in tonight to list them. I was restricted to 1 listing per hour but each of the 3 cards I listed sold within 2 minutes of listing them.

The sales were:
Damian Lillard 3 Point Shot /10,000 - $175 (which was immediately re-sold 2 minutes later for $194)
Tyrese Haliburton Dunk /35,000+ - $30
Collin Sexton 3 Point Shot /35,000+ - $8

I'm still not sure what to make of all this but it was very interesting.

[Mark17]

MLB and the NFL should set up databases and "sell ownership" of all the games ever played in their respective leagues. For example, you buy a "pack" of MLB games for $20 and get 5 games, for instance 6/7/1962 Mets-Giants, 8/1/1936 White Sox-Red Sox, 1940 World Series Game 3, and so on. Then you are the registered "owner" of those games and can sell them in a marketplace, adding a small transaction fee.

Imagine if this caught on.... One day, the big event, REA or Sotheby's or some major AH, working with MLB, auctions off some of the big ones:

Ruth's called shot
A couple of Koufax' no-hitters
The Merkle game
And several noteworthy World Series games, like Mazeroski, Reggie, Jack Morris, Johnny Podres, Grover Alexander.

Of course, the winners don't actually "own" anything - they are just the designated "owner" of those games in the MLB database, which is public and confers nothing excerpt bragging rights.

[timzcardz]

OK, I'll admit it, I'm a simple guy.

I can be very satisfied sipping a little Scotch, and reading and feeling a piece of cardboard with some dead (or still living) guy printed on it with along with some statistics or facts.

I have some original sports related art that was hand drawn that I find even more satisfying.

There's an oil painting of a waterfront hanging on the wall behind me that adds a little something to the feel of the room. I bought it specifically for this room.


Now . . . Christie's first NFT art auction has closed at $69 MILLION!
https://finance.yahoo.com/news/chris...205146239.html

$69 MILLION ?

NFT ?

To me it seems more like WTF !



Again, I'm just a simple man and this is obviously way above anything that I can understand or comprehend.


.

[Exhibitman]

Originally Posted by egri

I'd like to see them do that episode with Abbott and Costello guest starring.

Costello: I understand they made you the production manager of this here whole new product line.
Abbott: Why not?
Costello: So you’re the production manager?
Abbott: I'm the manager!
Costello: Well, you know, I'd like to know something about what you produce.
Abbott: Why sure I'll explain it to you. Well, let's see, we have uh nothing in the office, nothing in the warehouse, nothing anyone actually owns...
Costello: Are you the production manager?
Abbott: Yes.
Costello: You manage production?
Abbott: I sure do.
Costello: Then tell me what you produce.
Abbott: I say, we have nothing in the office, nothing in the warehouse, nothing anyone actually owns...
Costello: You’re the production manager?
Abbott: Yes.
Costello: You handle this product line?
Abbott: I'm telling you I do!
Costello: Well what do you make?
Abbott: Nothing.
Costello: Go ahead and tell me.
Abbott: I’m telling you nothing.
Costello: What you make.
Abbott: Nothing.
Costello: The product you produce.
Abbott: Nothing.
Costello: The product your line produces.
Abbott: It’s nothing!
Costello: You ain't tellin' me nothin' is the product?
Abbott: That's it!
Costello: Well go ahead and tell me.
Abbott: What!
Costello: The product.
Abbott: Nothing.
Costello: That's what you make?
Abbott: Yes.
Costello: Well go ahead and tell me.
Abbott: I’m telling you, nothing!
Costello: Nothing?
Abbott: Yeah!
Costello: Well go ahead and tell me!
Abbott: Nothing.
Costello: What are you telling me nothing for?
Abbott: That's it.
Costello: Well go ahead and tell me.
Abbott: What.
Costello: What you have in inventory.
Abbott: That's nothing.
Costello: Nothing is what you have?
Abbott: No, we sell something.
Costello: Well what is it?
Abbott: Nothing.
Costello: That's what I'm askin' you! What, do you sell nothing?
Abbott: Now wait a minute. Don’t...don’t accuse me of selling nothing, that would be fraud.
Costello: I'm not accusing you of fraud! I asked you a simple question. What’re you in charge of producing?
Abbott: Nothing.

[maniac_73]

Like everyone else I was confused and doubtful about this all...and then I got lucky enough to get two packs and pulled a Lamelo Ball Rising Stars which is a big hit going for 5k in the marketplace. Im all in now lol

[Exhibitman]

Lemme see if I get this right: You sign up for this thing and you pay some money for a randomly assigned bit of data. The data is revealed and you see what you got. You then cash it out by selling it to another gambler.

Sounds like a slot machine with an extra step between you and the cash-out.

[FrozenInferno]

Has anyone been able to cash out significant sums of profit yet or is everybody just playing with monopoly money still?

I think once serious money can actually be taken out of the platform easily a lot of this will crash. Right now it seems to me its a lot of people just flipping imaginary digital items for imaginary digital cash while they're waiting to actually withdraw it.

I'm a tech savvy person and I understand how stuff like this works but I don't see the point of it. Other than to make seemingly easy money, which I'm sure the huge majority of people are in it for, but again none of this is real until you can put it in your bank account.