WTF is Crypto Art?

General art-related discussion.
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mattlew69
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Thu Feb 25, 2021 11:57 pm

Nice little website to track the NG latest sales by artist.

https://www.nftapps.io/marketplace
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63schoeffling
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Fri Feb 26, 2021 9:19 am

mattlew69 wrote:
Thu Feb 25, 2021 11:57 pm
Nice little website to track the NG latest sales by artist.

https://www.nftapps.io/marketplace
:pint:
papaver
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Fri Feb 26, 2021 1:25 pm

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looks like they are just pushing the cost up per day. and seeing where the breaking point is. was considering this piece and now pretty much meh on the whole nifty thing. rather grab the heirst virtue piece for that kind of cash.
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acidburn
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Fri Feb 26, 2021 1:30 pm

papaver wrote:
Fri Feb 26, 2021 1:25 pm
Image

looks like they are just pushing the cost up per day. and seeing where the breaking point is. was considering this piece and now pretty much meh on the whole nifty thing. rather grab the heirst virtue piece for that kind of cash.

yea really liked this piece too.
Pawel
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Fri Feb 26, 2021 3:04 pm

I thought my art taste has been getting better, but not so sure now
https://www.artnews.com/art-news/news/b ... 234584701/
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jpfondu
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Fri Feb 26, 2021 3:31 pm

63schoeffling wrote:
Thu Feb 25, 2021 3:58 pm
Lulz Top Shot drop delayed indefinitely because they noticed a ton of bot activity. One one hand I commend them trying to tackle the issue.... but man, get it together!
Any luck?
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aldobishalini
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Fri Feb 26, 2021 4:21 pm

I mean, do you all think NFTs will hold their ground and are here to stay? I feel right now, with all the mainstream coverage, they are hitting a peak like Bitcoin hit when they reached $20k as an original insane high point. I see them decreasing in price come summer time, maybe hit another high late 2021.

Beeple's releases are going for well over $100k now for his open editions. I remember seeing his releases coming up last December and my mind couldnt wrap around the idea of NFTs yet. I still dont think it fully has...
BISHALINI.com (My Collection) Image

“Weather forecast for tonight: dark. Continued dark overnight, with widely scattered light by morning.”
papaver
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Fri Feb 26, 2021 5:42 pm

i'm not sure how long nifty market can keep up at the current pace, i mean they are moving around $200k+ a day on this stuff atm. . feels like they got a little too greedy too fast. i don't see how its sustainable in the long run. each drop is $999 even for time pieces now. as the market gets flooded with more stuff people things will start to loose value and people will get scared and want to get out. i'm already seeing this with several pieces being released. way more speculation now since more people are getting involved. there were literally 200k people in line for the 10k packs available at the nba shot drop. apparently the packs were easy to get just a month ago. everyone is seeing the 100k+ le bron sales an wanting in. will be interesting to see how all this plays out. the sf cards seem way more sustainable in the long run.
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mattlew69
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Fri Feb 26, 2021 6:54 pm

There's a drawing for an edition of 5 tonight from Matt Gondek on NG for $1 each. Good luck!!
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63schoeffling
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Fri Feb 26, 2021 7:09 pm

The short run is unsustainable. Whales just gobbling up everything because it's nothing to them.

Once the sites find the break even point it will absolutely level off and then come back down to earth for the most part. But long term this is just scratching the surface.

Also - No luck on the Top Shot drop at all.
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golobulus
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Fri Feb 26, 2021 7:28 pm

What's the best way to enjoy your crypto art?
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bubbie
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Fri Feb 26, 2021 7:44 pm

^ Sell and buy something nice.

Went to nifty, tried to log in, says invalid credentials. Changed the password, tried to login again -> invalid credentials. Wtf? One of the shittiest site I have been on in a while.
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jpfondu
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Fri Feb 26, 2021 7:48 pm

bubbie wrote:
Fri Feb 26, 2021 7:44 pm
^ Sell and buy something nice.

Went to nifty, tried to log in, says invalid credentials. Changed the password, tried to login again -> invalid credentials. Wtf? One of the shittiest site I have been on in a while.
They posted about 10 minutes ago they were having issues but all fixed now. Obvs not.
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63schoeffling
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Fri Feb 26, 2021 7:52 pm

jpfondu wrote:
Fri Feb 26, 2021 7:48 pm
bubbie wrote:
Fri Feb 26, 2021 7:44 pm
^ Sell and buy something nice.

Went to nifty, tried to log in, says invalid credentials. Changed the password, tried to login again -> invalid credentials. Wtf? One of the shittiest site I have been on in a while.
They posted about 10 minutes ago they were having issues but all fixed now. Obvs not.
It's crazy how NG has handled the insane amount of traffic. Rarely any issues.
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jpfondu
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Posts: 2602
Joined: Wed Mar 07, 2012 8:51 am
Location: Scotland

Fri Feb 26, 2021 7:54 pm

63schoeffling wrote:
Fri Feb 26, 2021 7:52 pm
jpfondu wrote:
Fri Feb 26, 2021 7:48 pm
bubbie wrote:
Fri Feb 26, 2021 7:44 pm
^ Sell and buy something nice.

Went to nifty, tried to log in, says invalid credentials. Changed the password, tried to login again -> invalid credentials. Wtf? One of the shittiest site I have been on in a while.
They posted about 10 minutes ago they were having issues but all fixed now. Obvs not.
It's crazy how NG has handled the insane amount of traffic. Rarely any issues.
Did you get back in?
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