Replies

• 9 January at 2:01PM

  dunstonh Forumite

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  9 January at 2:01PM

  but the next down opensea took it off. 

  next day?

  How can you purchase theses and know they are going to take it down? 
  

  ask them? - perhaps someone just beat you to it.  Perhaps they decided they wanted it and cancelled your purchase (and will approach you soon to sell it to you at an increased price).

  This is the savings and investments section.  You may get a better answer in a section more appropriate.  I don't know if the board has a site where things like Dutch tulips can be discussed.

  I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.

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• 9 January at 2:06PM edited 9 January at 2:07PM

  Emmia Forumite

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  9 January at 2:06PM edited 9 January at 2:07PM

  NFT's are scams in my opinion. 
  
  I appreciate that there are lots of NFT fans out there. But honestly I don't understand the attraction in paying to have a link to a thing (that can be taken down at the drop of a hat), rather than the actual physical ownership of that thing. 
  
  I'd rather have/buy a raisin, than have/buy a link to a picture of that raisin. 

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• 9 January at 2:54PM

  london21 Forumite

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  9 January at 2:54PM

  Contact the company that sold it to you.
  
  To me NFT are like the next bitcoin. Don't understand it so stay clear of it. 

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• 9 January at 4:01PM

  Scottex99 Forumite

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  9 January at 4:01PM

  What collection? Do they have a Twitter? What’s the txn ID?

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• 9 January at 6:36PM

  masonic Forumite

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  9 January at 6:36PM

  gavin7 said:

  I bought a NFT through Opensea from a well know collection, but the next down opensea took it off. 
  I'm not sure why this is and didn't get notifications about it. How can you purchase theses and know they are going to take it down? 

  Is it not normal that an auction site would remove a listing after the item had been sold?
  

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• 9 January at 8:23PM

  george4064 Forumite

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  9 January at 8:23PM

  Shouldn’t you have a QR code or something as proof of ownership?

  "If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett
  
  Save £12k in 2021 - #027 £15,268 (76%)

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• 9 January at 9:40PM

  Scottex99 Forumite

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  9 January at 9:40PM

  Emmia said:

  NFT's are scams in my opinion. 
  
  I appreciate that there are lots of NFT fans out there. But honestly I don't understand the attraction in paying to have a link to a thing (that can be taken down at the drop of a hat), rather than the actual physical ownership of that thing. 
  
  I'd rather have/buy a raisin, than have/buy a link to a picture of that raisin. 

  That doesn’t make it a scam.
  
  The value in the punks and apes is clearly subjective but right now that “art” is being traded for millions.
  
  For me a huge utility is in gaming, items and property etc in game. Skins already trade for millions. Imagine your gun in COD or your player in FIFA is now and NFT and it’s very rare. Suddenly it has value to other players…
  

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• 9 January at 9:47PM edited 9 January at 10:29PM

  barnstar2077 Forumite

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  9 January at 9:47PM edited 9 January at 10:29PM

  As soon as I read that an NFT doesn't necessarily mean you own the copyright was the moment I stopped being interested.
  
  People are so desperate for the next get rich quick scheme that there will always be another crypto/NFT/tulip on the horizon.  At least if worse came to the worst you could always plant a tulip!  : ) 

  Think first of your goal, then make it happen!

  4
• 9 January at 11:17PM

  Emmia Forumite

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  9 January at 11:17PM

  Scottex99 said:

  Emmia said:

  NFT's are scams in my opinion. 
  
  I appreciate that there are lots of NFT fans out there. But honestly I don't understand the attraction in paying to have a link to a thing (that can be taken down at the drop of a hat), rather than the actual physical ownership of that thing. 
  
  I'd rather have/buy a raisin, than have/buy a link to a picture of that raisin. 

  That doesn’t make it a scam.
  
  The value in the punks and apes is clearly subjective but right now that “art” is being traded for millions.
  
  For me a huge utility is in gaming, items and property etc in game. Skins already trade for millions. Imagine your gun in COD or your player in FIFA is now and NFT and it’s very rare. Suddenly it has value to other players…
  

  Ok, its a ponzi scheme - in the short term people see it with huge 'value' until they don't and someone is left with a bit of nothing that they paid a lot for... but can't sell.
  
  COD and FIFA don't do much for me, but they are obviously popular with others.

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• 9 January at 11:31PM

  Scottex99 Forumite

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  9 January at 11:31PM

  And where do you get to that conclusion from? Have you ever bought an NFT?

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