GM
My question is, what makes it worth $321 ? 😂
Discussion
NOTHING!
For fun a few years ago, I bought one of these for around $0.20 using Polygon. I think I still have it 😂
Should be $0.01 today 🤣 . My PFP is a nod to the worthless rubbish that was being thrown about.
Wash trading, same as before🙄
I'm going to buy my own house, I think it's worth it 😂
Last asking price i guess. Worth to someone is still worth.
True, if somebody is willing to pay, then it is worth it.
It's a thing with price of art too: it's worth as much as it was sold for the last. There are no inherent and objective rules of evaluating art. In that regard someone owns 550K NFT. That they cannot sell it for that is their tragedy (which any halfbrain could see happening in the future from a mile)
GM☕️☕️🌅💜You can’t fix stupid🥴
I was interested in photography NFT's for a while (as a hobbyist photographer). There were some really great photographers, the kind that would spend days, sometimes months, to capture and produce an amazing photograph, start to see real returns for their talent and skill with NFT's, where previously only a small percentage of fine art photographers could make a decent living. But this??? No idea.
To artificially restrict a digital resource that can inherently be duplicated ad infinitum at almost zero cost is an interesting problem to solve.
Because Satoshi solved it for money doesn't mean that the same solution should apply to other resources as well.
Perhaps digital art requires its own solution. Perhaps digital art requires its own founder.
Supply, demand, and stupidity make this photo wortth a few hundred bucks.
Crazy times those.
In fact, its value is only due to two factors, the fame of the author and the value of the work itself! Of course, its value will be magnified only when blockchain is thoroughly popularized to everyone. Before that, it was more of a hobby or money laundering activity. Haha