‘Jack Dorsey’s first tweet’ NFT went on sale for $48M. It ended with a top bid of just $280
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Crypto entrepreneur Sina Estavi bought Twitter founder Jack Dorsey’s first-ever tweet as an NFT for $2.9 million last year. He listed the NFT for sale again at $48 million last week.
*snort* giggle
I also may have gone with "Hee-haw, hee-haw, hee ha-ha-ha-hah", figured few would get the reference
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Crypto entrepreneur Sina Estavi bought Twitter founder Jack Dorsey’s first-ever tweet as an NFT for $2.9 million last year. He listed the NFT for sale again at $48 million last week.
*snort* giggle
I also may have gone with "Hee-haw, hee-haw, hee ha-ha-ha-hah", figured few would get the reference
Quote:
Estavi has two days to accept the bid, or it will expire.
I thought once you put something up for auction, and it was bid on, you had to accept the highest offer. I guess I was wrong, or it doesn't apply if you are rich. In this case, even though it is purely hypocritical of me, the auction house should charge him 30% of the 2.4 mill for their 'work.'
Our Forgotten Astronomy | Object Oriented Programming with C++
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Quote:
Estavi has two days to accept the bid, or it will expire.
I thought once you put something up for auction, and it was bid on, you had to accept the highest offer. I guess I was wrong, or it doesn't apply if you are rich. In this case, even though it is purely hypocritical of me, the auction house should charge him 30% of the 2.4 mill for their 'work.'
Our Forgotten Astronomy | Object Oriented Programming with C++
Not if you enter a "reserve price", i.e. a minimal price at which you are willing to sell. The danger here is that you typically owe the auction price a percentage of the sale price. If the bidding doesn't reach the "reserve price", you owe them that percentage of the "reserve price".
Freedom is the freedom to say that two plus two make four. If that is granted, all else follows. -- 6079 Smith W.
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Not if you enter a "reserve price", i.e. a minimal price at which you are willing to sell. The danger here is that you typically owe the auction price a percentage of the sale price. If the bidding doesn't reach the "reserve price", you owe them that percentage of the "reserve price".
Freedom is the freedom to say that two plus two make four. If that is granted, all else follows. -- 6079 Smith W.
Thanks! I'm a neophyte at auctioning - I've heard their cut is way too much.
Our Forgotten Astronomy | Object Oriented Programming with C++