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Non Footy Chat Thread II

hindy111

Post Whore
Messages
63,787
I bought a Nirvana shirt for and still unopened $40 and now it's worth $2,500. And a VL turbo for 10k and now worth 50k. Two investments I new would pay off.
 

Ron Jeremy

Coach
Messages
25,689
I bought a Nirvana shirt for and still unopened $40 and now it's worth $2,500. And a VL turbo for 10k and now worth 50k. Two investments I new would pay off.
Mate had the biggest collection of Nirvana memorabilia in the southern hemisphere at one point, that was until he split up with his ex who didn't take the news too well.
 

Ron Jeremy

Coach
Messages
25,689
Who the f**k would sell it if there's a chance it'll increase in value? hindy111 is going to hold the asset and live off the dividends.
also a chance it could loose value, nothing is ever certain.

Just like with shares and crypto, unless you are prepared too loose all of it, or refuse to believe it could happen to you or you are different then you will end up loosing it.
 

Gronk

Moderator
Staff member
Messages
78,336
also a chance it could loose value, nothing is ever certain.

Just like with shares and crypto, unless you are prepared too loose all of it, or refuse to believe it could happen to you or you are different then you will end up loosing it.
Hold on. At least shares have assets, company earnings and profits from selling goods and services. A t-shirt can only rely on supply and demand. Cryptos seem to operate on thin air FOMO.
 

Avenger

Immortal
Messages
34,612
Hold on. At least shares have assets, company earnings and profits from selling goods and services. A t-shirt can only rely on supply and demand. Cryptos seem to operate on thin air FOMO.
Not exactly. You can stake your crypto. Never let your ignorance get in the way of your stupid statements.


 

Ron Jeremy

Coach
Messages
25,689
Hold on. At least shares have assets, company earnings and profits from selling goods and services. A t-shirt can only rely on supply and demand. Cryptos seem to operate on thin air FOMO.
why does something have to be tangible, value is subjective, I don't view brands like Supreme like others who will pay a mint for new releases.

Until it hits your bank account, or in your hands everything is thin air, just like you have only gained or lost money until you hit the sell button.
 

Gronk

Moderator
Staff member
Messages
78,336
why does something have to be tangible, value is subjective, I don't view brands like Supreme like others who will pay a mint for new releases.

Until it hits your bank account, or in your hands everything is thin air, just like you have only gained or lost money until you hit the sell button.
I get it. NFTs are somehow worth money to some people too.
 

hindy111

Post Whore
Messages
63,787
also a chance it could loose value, nothing is ever certain.

Just like with shares and crypto, unless you are prepared too loose all of it, or refuse to believe it could happen to you or you are different then you will end up loosing it.

The thing is most die hard Nirvana fans where in their teens in the 90s. Now they are mid 40ylds with a bit of money. By the time they are 60s they'll have even more and perhaps even an inheritance behind them. That's when I predict it peaks. Once they die off it will drop in value.
 
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