A man bought an NFT for $2.9M, then listed it for $48M. The top bid was less than $280

[TrailerParkTed]

A loss is only a loss, once you sell it. Man should have kept it, and try to sell for $50 Billion or something.

Can he average down?

 

[M.W.]

True, he can wait till it gets down to 50 bucks...

The top bid was 280 bucks that doesn't mean he was obligated to sell it at that price.

 

[Tokenz]

What a dumb article. The man took one of the first bids for 280. No one's fault but his own.

 

[Snuskpelle]

As CBs start draining liquidity from the system useless shit with no yield is the first kind of assets investors are going to cut. Expect to see an increasing number of stories like this.

 

[Nobert]

Can he average down?

Idiots are unpredictable.

 

[Trader Curt]

What a dumb article. The man took one of the first bids for 280. No one's fault but his own.

I agree, any logical person reading the article will know it's the seller's own fault for accepting a ridiculously low price

 

[maxinger]

the problem is that he only wanted to donate 50% of $48m to charity.
ie he wanted to keep $24m to himself.

he should be sincere in donations.
He should donate $48m-$2.9m to charity.
If not, don't talk about the donation thing at all.

 

[traderob]

Who was dumb enough to pay $280?

 

[M.W.]

Amen

Who was dumb enough to pay $280?

 

[betcashrun]

Everything that is rare is expensive (except in nft).

Current jack dorsey's first tweet nfts include (source opensea.io):

- Jack Dorsey's first tweet in pixel format 800_800px (Jack Dorsey's first tweet, owned by Bored-Ape-Club-Billio...)
- jack-twitter (Twitter metaverse, quantity:100, owned by Bohfin_legasof)
- @Jack 2006-03-21 20:50:14 (Twitter Tweets, owned by A74BBB)
- First Twitter @Jack 8:50 PM 21-03-2006 (My..Collection, owned by NFTeiz)
- Twitter founder Jack Dorsey's first tweet (First_tweets, owned by Alibaster)
- JACK The first ever tweet (Historical Twitter and NFT, owned by HistoricalTwitterAndN...)
- Jack Dorsey - First Tweet on Twitter (ActiveNFT, owned by OfficialNFT)
- Twitter CEO Jack Dorsey’s First Tweet as 1st Oil Painting #00018 ( The Meta Show, owned by TheMetaShadow)
- Jack Dorsey - First Tweet 2006-03-21 | 20:50:14 (Jack Dorsey : First Tweet, quantity:10, owned by Jack-Dorsey)
- Jack Dorsey : First Tweet (Jack Dorsey : First Tweet, owned by JackdorseyTweet)

I am not sure I have listed Estavi's NFT from the globalnews.ca article.