News NFT of Jack Dorsey's First Tweet Cost $2.9 Million, Now Auctioning for $2,000

[Admin]

First Tweet NFT is now worth nearly nothing compared to the price paid in 2021, though the buyer expected to be able to raise $48 million.

NFT of Jack Dorsey's First Tweet Cost $2.9 Million, Now Auctioning for $2,000 : Read more

 

[BX4096]

I shouldn't laugh at another man's misfortune/stupidity, so... I'll be auctioning off this comment instead. Bids start from $250,000. Opportunity of a lifetime. Double your money in no time!

 

[oofdragon]

The destiny that awaits BTC, ETH, and any other crypto asset rlly.

 

[Jagar123]

People will sympathize with Mr. Estavi regarding his NFT's 99.93% valuation collapse.

Nope, not me, not even a little. Let em burn. NFTs bring nothing useful to the table.

 

[tamalero]

A fool and his money...

 

[King_V]

I shouldn't laugh at another man's misfortune/stupidity, so... I'll be auctioning off this comment instead. Bids start from $250,000. Opportunity of a lifetime. Double your money in no time!

I imagine he's got money to burn.

He's a "crypto entrepreneur," after all.

 

[The Historical Fidelity]

Dumb, dumb, dumb, dumb, dumb

 

[Unolocogringo]

I think Red said it best Dumb ___!

 

[TJ Hooker]

I can't help but think that a lot of NFT trades were just money laundering, and any resale profit was just icing on the cake.

Edit: Not necessarily in this case, just in general.

 

[hotaru251]

The destiny that awaits BTC, ETH, and any other crypto asset rlly.

not really.

Crypto coinshas a place in the world.

NFT? .... [right click, save as] no future except to show people make bad financial decisions.

 

[InvalidError]

Still hypothetically worth 10 000X more than it should.

 

[TheOtherOne]

Are you saying, his money went into the same thin air that he mined it from?

 

[Vorador2]

I've always found hilarious that *almost all NFT are bought with the purpose of reselling them down the line for profit. In their minds, the market cannot go down, but up.

Not feeling the tiniest bit sorry for them.

 

[palladin9479]

The destiny that awaits BTC, ETH, and any other crypto asset rlly.

Nah crypto currency has a place when used as actual currency and not an investment asset class. It is extremely useful for moving large amounts of money across international borders without requiring permission. It's also useful for storing wealth in a way that is out of reach from a dishonest government, where there are many in the world.

The issue happened when people started gambling and treating it like a speculative asset instead of a currency. You don't hear people screaming "buy Yen, it's going TO THE MOON".

 

[RodroX]

With that amount of money he could have helped other people.
Instead he overpayed for virtual crap, and now he can't even get $5 for it.
Thats life I guess.

 

[Dantte]

I'm pretty sure a tweet is "fair use" under US law and to claim you have some protected status to a screen shot is a joke. This is 100% worthless!

 

[DougMcC]

At that price, it's almost cheap enough that i'd be tempted to buy it and delete it.

 

[cryoburner]

At that price, it's almost cheap enough that i'd be tempted to buy it and delete it.

Except it's an NFT, so owning it doesn't necessarily give you any rights or control over the arbitrary thing that it's claimed to be tied to. You wouldn't be paying for the Tweet so much as you would be paying for an imaginary badge that merely identifies you as someone who has paid money to be associated with it.

 

[I like some cheeses]

So you're tellin me for a measly 250K I can get a digital payoff of 48 million? Where do I sign???

 

[gg83]

Lmao! I bet it will sell for 0.5$

 

[sitehostplus]

I shouldn't laugh at another man's misfortune/stupidity, so... I'll be auctioning off this comment instead. Bids start from $250,000. Opportunity of a lifetime. Double your money in no time!

I'll be giving away your comment via this quote. Foiled again! 🤣