[masraum]

Originally Posted by herr_oberst

So, this fella buys an NFT (non-fungible token) for 2.4 million USD.
The prize is the first tweet from the creator of Twitter. (I don't know how he owns it, this stuff is way beyond my lizard brain. I've seen the tweet. I could look at again any time I wanted to, but somehow this investor now owns it.)

FF a year or so, he puts it up for sale for 48 million. USD. Now, before you think he's just being greedy, understand that he plans to donate half of the profit to charity. If you're cynical your mind might go to dark places here, but let's give the guy the benefit of the doubt.

Well, the deadline for the sale comes and the highest bid is about 250. USD.

What do you think? Sad trombone, or do investors just need time to catch up to the NFT market?

THis is why I don't speculate which is what this guy was doing. He was hoping that he'd make 10x his initial "investment." It didn't work.