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New Kaws No Lie Vinly Toy, by Brushstrokes 75 on Dec 27, 2017 1:38:52 GMT 1, come on saint. you sold your set. relax and move on.
don't see the point of flipping out or insulting each other (that applies to the other guys trolling him as well).
and I'm the drunken one here
come on saint. you sold your set. relax and move on.
don't see the point of flipping out or insulting each other (that applies to the other guys trolling him as well).
and I'm the drunken one here
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Any Haring experts? Quick Print question, by Brushstrokes 75 on Dec 26, 2017 5:20:49 GMT 1, Different abbrevation. In general those are the main ones :
AP - EA - Epreuve d'Artiste - Artist's proofs, HC - Hors commerce (Not for sale) BAT - Bon a tirer (ready to print PP - printer's proof TC or CTP : Trial proof/Color Trial proof
Some artists/printers englobe all of them into APs nowadays.
so back in the days you could have an edition 100 regular + 10 AP + 5 HC + 3 TP (or CTP) + 2 PP
I know prints final ed of 50 where there are more than 50 APs.
Different abbrevation. In general those are the main ones :
AP - EA - Epreuve d'Artiste - Artist's proofs, HC - Hors commerce (Not for sale) BAT - Bon a tirer (ready to print PP - printer's proof TC or CTP : Trial proof/Color Trial proof
Some artists/printers englobe all of them into APs nowadays.
so back in the days you could have an edition 100 regular + 10 AP + 5 HC + 3 TP (or CTP) + 2 PP
I know prints final ed of 50 where there are more than 50 APs.
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Any Haring experts? Quick Print question, by Brushstrokes 75 on Dec 26, 2017 5:10:13 GMT 1, TP is trial proof usually.
It usually is the same run but in different color variant than the edition.
HC means hors de commerce as the guys mentionned before. Those used to be the prints the artists would gift to friends, clients that the publisher would keep etc
TP is trial proof usually.
It usually is the same run but in different color variant than the edition.
HC means hors de commerce as the guys mentionned before. Those used to be the prints the artists would gift to friends, clients that the publisher would keep etc
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Blu 🇮🇹 Bologna Street Art • Print Release • Art For Sale, by Brushstrokes 75 on Dec 26, 2017 5:01:16 GMT 1, Was offered a Rennes earlier this year for 650 quid (framed). Communication stopped so not sure if the guy was offered more or changed his mind.
I had one of the handfinished one (got lost in the mail while it was on loan for a show).
It's a great piece (that I will try to buy again when I have some more space on the wall)
GLWTS
Was offered a Rennes earlier this year for 650 quid (framed). Communication stopped so not sure if the guy was offered more or changed his mind.
I had one of the handfinished one (got lost in the mail while it was on loan for a show).
It's a great piece (that I will try to buy again when I have some more space on the wall)
GLWTS
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Big transactions how are they done on forum?, by Brushstrokes 75 on Dec 26, 2017 4:52:57 GMT 1, It just boils down from experience/ trust. A lot of good pointers.
You have several different possibilities though :
- Paypal : risk with paypal is the cc chargeback [easier in some countries (US) than others (Europe because of the pin)]. It did happen to me once (not on the forum) and it stinks because you also get charged chargeback fees.
Not sure if they have the buyer's protection for bank deposit payments now. But I could see a paypal (bank deposit) even coupled with ebay listing to be on the safe side for both (split the fees).
I got paid high end stuff via paypal in the past and never had an issue. They can temporarily block you the first time around you receive a big amount that is abnormal to your account, so they can make sure, everything is kosher. But afterwards, it just works fine.
2) escrow : 2 or 3 rd party escrow. It used to be popular 15 years ago but betwen cost/paypal and scams, it has been less used. There are still some respectable service that work well. 3rd party escrow can also work as another layer in between.
I see people are talking about shipping. People should check individual shipping companies policy. Art pieces as other collectibles are considered extraordinary items and most shipping companies coverage is extremely low ($500 or less - last time I checked). It doesn't matter if you pay their extra insurance and you put 4 times the amount, they will not refund the full amount. Better to have a separate (art shipping) policy just for that.
It just boils down from experience/ trust. A lot of good pointers.
You have several different possibilities though :
- Paypal : risk with paypal is the cc chargeback [easier in some countries (US) than others (Europe because of the pin)]. It did happen to me once (not on the forum) and it stinks because you also get charged chargeback fees.
Not sure if they have the buyer's protection for bank deposit payments now. But I could see a paypal (bank deposit) even coupled with ebay listing to be on the safe side for both (split the fees).
I got paid high end stuff via paypal in the past and never had an issue. They can temporarily block you the first time around you receive a big amount that is abnormal to your account, so they can make sure, everything is kosher. But afterwards, it just works fine.
2) escrow : 2 or 3 rd party escrow. It used to be popular 15 years ago but betwen cost/paypal and scams, it has been less used. There are still some respectable service that work well. 3rd party escrow can also work as another layer in between.
I see people are talking about shipping. People should check individual shipping companies policy. Art pieces as other collectibles are considered extraordinary items and most shipping companies coverage is extremely low ($500 or less - last time I checked). It doesn't matter if you pay their extra insurance and you put 4 times the amount, they will not refund the full amount. Better to have a separate (art shipping) policy just for that.
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Retna "Say My Name, So You Can See Me" Diptych, by Brushstrokes 75 on Dec 26, 2017 4:18:04 GMT 1, saw a few sets of these available at art basel miami fairs .. nicely framed they look amazing .. for sale at 18.5K and marked sold. i think ebay and such may not be the best spot for some pieces like these. in person and gallery they apparently sell for much higher than prices discussed above. Don't know about the piece or its value but you can't compare art fair prices which are easily 2 to 3 times higher than the same regular gallery prices at other times. And then gallery prices with public market value...
Galleries have to take into account all the expenses involved at showing at Basel. Booth cost/Booth Set Up/Shipping/Insurance/ Expenses and obviously they impact it back in the price asked.Depending on the artwork they take offers and discount pretty easily.
They also play the hype of people wanting to buy something at Basel. For some people, $20k is cheap change. Add that the category of art consultant with no limit "I don't care I trust my advisers" client.
I see stuff priced at $100k than aren't even worth $20/$25k and a lot of them sell.
saw a few sets of these available at art basel miami fairs .. nicely framed they look amazing .. for sale at 18.5K and marked sold. i think ebay and such may not be the best spot for some pieces like these. in person and gallery they apparently sell for much higher than prices discussed above. Don't know about the piece or its value but you can't compare art fair prices which are easily 2 to 3 times higher than the same regular gallery prices at other times. And then gallery prices with public market value... Galleries have to take into account all the expenses involved at showing at Basel. Booth cost/Booth Set Up/Shipping/Insurance/ Expenses and obviously they impact it back in the price asked.Depending on the artwork they take offers and discount pretty easily. They also play the hype of people wanting to buy something at Basel. For some people, $20k is cheap change. Add that the category of art consultant with no limit "I don't care I trust my advisers" client. I see stuff priced at $100k than aren't even worth $20/$25k and a lot of them sell.
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New Kaws No Lie Vinly Toy, by Brushstrokes 75 on Dec 26, 2017 4:08:55 GMT 1, Hmmm I emailed on the day of the release because I got two different email confirmations (like most I was fighting with the checkout). Asked if they could please let me know asap if I bought 1 or 2 sets. They never even answered my email and both set got shipped with obviously shipping x2.
I'll probably just keep the second set and not deal with the whole hassle of it all.
@op : people are giving you a hard time because 2 weeks after the release, you "suddenly changed your mind". They assume that you bought it to flip it and failed because as of now those are going for cost of less than cost on ebay. Subsequently, that if it was worth way more you probably just have went the bay route.
I am no one to judge your intentions just underpin some of the commentators sentiment.
You put it on here so I guess you can accept to get roasted by few (especially since you're new, your motives aren't as transparent).
GLWTS
Hmmm I emailed on the day of the release because I got two different email confirmations (like most I was fighting with the checkout). Asked if they could please let me know asap if I bought 1 or 2 sets. They never even answered my email and both set got shipped with obviously shipping x2.
I'll probably just keep the second set and not deal with the whole hassle of it all.
@op : people are giving you a hard time because 2 weeks after the release, you "suddenly changed your mind". They assume that you bought it to flip it and failed because as of now those are going for cost of less than cost on ebay. Subsequently, that if it was worth way more you probably just have went the bay route.
I am no one to judge your intentions just underpin some of the commentators sentiment.
You put it on here so I guess you can accept to get roasted by few (especially since you're new, your motives aren't as transparent).
GLWTS
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UAA Exclusive "Drop" Thread , by Brushstrokes 75 on Dec 22, 2017 9:53:49 GMT 1, Most of the DLM on the website have been reprinted (apart from the signed and numbered deluxe editions).
The pricier ones on their website are the original printing that were never reprinted because some actually contained original lithographs that were include in the artists' catalogue raisonne so there is an actual edition size.
It's still nice quality but it's not a collectible per se. Better finding them on ebay or at auction.
pretty pricey gallery overall
Most of the DLM on the website have been reprinted (apart from the signed and numbered deluxe editions).
The pricier ones on their website are the original printing that were never reprinted because some actually contained original lithographs that were include in the artists' catalogue raisonne so there is an actual edition size.
It's still nice quality but it's not a collectible per se. Better finding them on ebay or at auction.
pretty pricey gallery overall
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Ducks or sharks?, by Brushstrokes 75 on Dec 22, 2017 8:18:49 GMT 1, sharks
sharks
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Damien Hirst Spin Painting, by Brushstrokes 75 on Dec 22, 2017 7:26:24 GMT 1, I apologize for the typos and all. It's late and didn't reread.
I will just add that I am in no way connected with oli, I do not own anything by Hirst (and never will).
Thanks for the sweet comments, if anyone wants more detailed info or has more specific questions, I'm happy to answer by PM (don't want to hijack this thread even more)
I apologize for the typos and all. It's late and didn't reread.
I will just add that I am in no way connected with oli, I do not own anything by Hirst (and never will).
Thanks for the sweet comments, if anyone wants more detailed info or has more specific questions, I'm happy to answer by PM (don't want to hijack this thread even more)
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Damien Hirst Spin Painting, by Brushstrokes 75 on Dec 22, 2017 3:37:14 GMT 1, I'm gonna chip in.
Oli your original post is misleading and I am not implying that you did so willingly.
The way you have been presented the works make it sound like those are Damien Hirst pieces similar to the ones released at other criteria (and are as coveted). And you compared the two by praising how a great deal it was.
Afterwards, you did give more details and specified that these were made by the public during the opening of a museum and people got to leave with them. They obviously have been authorized by Damien Hirst himself and they are in some ways were made "after" Damien Hirst because he obviously gave his autorization.
So you are right by saying they are not "fakes" but you are misleading by not mentioning that from the get go from your original post and people are allowed to want to clearly understand what they are in public rather than in Private.
I'm a modern and early contemport print "specialist" (whatever that means) so I thought I would just give my personal opinion on the following maybe it helps clarify a few things.
A lot of artists (Picasso, Miro, Matisse...) made what we call "after" prints.They are different categories in what we call after prints.
The original basic idea was that the artist's master printer would draw a print from an original work from the artist (drawings, gouache, paintings...) by using different techniques (ranging from plate transfer to full recreation). The artist would oversee the whole process and even correct the different states. He would later approve of the final edition by signing it himself. (Picasso or Braque among others have used that a lot).
There used to be a lot of collaborations (even sometimes to the point of synergy) between master printers and artists. To the point, where some artists let some of the master printers to fully create new works in the style of the artist himself (under the supervision and authorization of the artist) . A good example of that was Charles Sorlier with Marc Chagall. After working and trusting him, Chagall would at first allow Sorlier to touch up his prints then later on to full create images in the style of Chagall (Sorlier would also signed the plate with his name).
Picasso and Matisse did similar a thing with Jacques Villon (who was a terrific artist in his own right and Marcel Duchamp older bro). Villon printed and created a few aquatints and etchings for Matisse and Picasso that Villon would sign in the plate and the artists would countersign in pencil.
Those "after" prints are considered equally as part of the artist catalogue and are as valuable as "normal" prints.
If you look at the Sorlier example, Sorlier's prints are some of the most searched and higher priced pieces out of the entire graphic catologue of Chagall. (not saying it is the norm among artists this is a unique exception). To summarize the way I understood it from what I read :
Pieces were made by the public during an exhibition opening in Ukraine. They are stamp signed so it means that the artist authorized them + the Hirst blindstamp (so the artist consider those as his own output).
Now we don't know how many sheets were out there because I am assuming blank sheets were at the museum with the stamp signature.
Now, I am not gonna comment on the value or anything for sale as this is not my place. People are entitled to buy or sell at whatever price they want.
I'm gonna chip in.
Oli your original post is misleading and I am not implying that you did so willingly.
The way you have been presented the works make it sound like those are Damien Hirst pieces similar to the ones released at other criteria (and are as coveted). And you compared the two by praising how a great deal it was.
Afterwards, you did give more details and specified that these were made by the public during the opening of a museum and people got to leave with them. They obviously have been authorized by Damien Hirst himself and they are in some ways were made "after" Damien Hirst because he obviously gave his autorization.
So you are right by saying they are not "fakes" but you are misleading by not mentioning that from the get go from your original post and people are allowed to want to clearly understand what they are in public rather than in Private.
I'm a modern and early contemport print "specialist" (whatever that means) so I thought I would just give my personal opinion on the following maybe it helps clarify a few things.
A lot of artists (Picasso, Miro, Matisse...) made what we call "after" prints.They are different categories in what we call after prints.
The original basic idea was that the artist's master printer would draw a print from an original work from the artist (drawings, gouache, paintings...) by using different techniques (ranging from plate transfer to full recreation). The artist would oversee the whole process and even correct the different states. He would later approve of the final edition by signing it himself. (Picasso or Braque among others have used that a lot).
There used to be a lot of collaborations (even sometimes to the point of synergy) between master printers and artists. To the point, where some artists let some of the master printers to fully create new works in the style of the artist himself (under the supervision and authorization of the artist) . A good example of that was Charles Sorlier with Marc Chagall. After working and trusting him, Chagall would at first allow Sorlier to touch up his prints then later on to full create images in the style of Chagall (Sorlier would also signed the plate with his name).
Picasso and Matisse did similar a thing with Jacques Villon (who was a terrific artist in his own right and Marcel Duchamp older bro). Villon printed and created a few aquatints and etchings for Matisse and Picasso that Villon would sign in the plate and the artists would countersign in pencil.
Those "after" prints are considered equally as part of the artist catalogue and are as valuable as "normal" prints.
If you look at the Sorlier example, Sorlier's prints are some of the most searched and higher priced pieces out of the entire graphic catologue of Chagall. (not saying it is the norm among artists this is a unique exception). To summarize the way I understood it from what I read :
Pieces were made by the public during an exhibition opening in Ukraine. They are stamp signed so it means that the artist authorized them + the Hirst blindstamp (so the artist consider those as his own output).
Now we don't know how many sheets were out there because I am assuming blank sheets were at the museum with the stamp signature.
Now, I am not gonna comment on the value or anything for sale as this is not my place. People are entitled to buy or sell at whatever price they want.
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Dran 100 days drawing COA, by Brushstrokes 75 on Dec 21, 2017 15:59:45 GMT 1, do you have one for bad idea i think its called or might be rubbish idea? just pm me a picture. I just need the date.
do you have one for bad idea i think its called or might be rubbish idea? just pm me a picture. I just need the date.
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Dran 100 days drawing COA, by Brushstrokes 75 on Dec 21, 2017 15:59:03 GMT 1, I remember they also had 2 canvases for like 800 and 1000 eur everyone passed on.
I literally have about 50 of them. I was supposed to fill up the date for the gallery and make buyers sign them so i can return a copy to the gallery (there was a 2 years no resale policy).
But the gallery owner never asked me anything because they shut down the place,
I remember they also had 2 canvases for like 800 and 1000 eur everyone passed on.
I literally have about 50 of them. I was supposed to fill up the date for the gallery and make buyers sign them so i can return a copy to the gallery (there was a 2 years no resale policy).
But the gallery owner never asked me anything because they shut down the place,
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Dran 100 days drawing COA, by Brushstrokes 75 on Dec 21, 2017 14:16:37 GMT 1, I don’t have any of those drawings. I only kept one for myself but I sold it to a good friend (who had a compelling reason for having this particular one).
I don’t have any of those drawings. I only kept one for myself but I sold it to a good friend (who had a compelling reason for having this particular one).
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Dran 100 days drawing COA, by Brushstrokes 75 on Dec 21, 2017 13:34:35 GMT 1, Hey guys,
Some of you remember that i sold and dispatched a bunch of Dran 100 days drawing back in the day,
I just found all the COA from the gallery for the drawings, if anyone needs one or a spare, just hit me up,
Hey guys,
Some of you remember that i sold and dispatched a bunch of Dran 100 days drawing back in the day,
I just found all the COA from the gallery for the drawings, if anyone needs one or a spare, just hit me up,
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Am I allowed to make and sell my own banksy screen prints?, by Brushstrokes 75 on Dec 19, 2017 19:59:34 GMT 1, 10 year art professional here and print specialist. Everything that has been said is spot on.
If you wanna do something illegal and immoral, don’t publicize it!
As a business model, it’s really dumb. You’re establishing yourself as untrustworthy not only to clients but especially so on this scene to artists themselves. What would stop you to print more fakes of different artists or of your own artists to keep afloat?
On top of that, this what is so wrong with the contemporary art scene. I’m passionates about prints and the medium itself and its different teccniques. But overall, people turn to screenprinting or digital printing because it’s a money printing press without a huge effort (obviously differs widely from one artist to the other and its involvement in the process).
So basically you might as well just by an high quality inkjet printer and do whatever,
Just rethink your whole idea because its foundation won’t last you long,
10 year art professional here and print specialist. Everything that has been said is spot on.
If you wanna do something illegal and immoral, don’t publicize it!
As a business model, it’s really dumb. You’re establishing yourself as untrustworthy not only to clients but especially so on this scene to artists themselves. What would stop you to print more fakes of different artists or of your own artists to keep afloat?
On top of that, this what is so wrong with the contemporary art scene. I’m passionates about prints and the medium itself and its different teccniques. But overall, people turn to screenprinting or digital printing because it’s a money printing press without a huge effort (obviously differs widely from one artist to the other and its involvement in the process).
So basically you might as well just by an high quality inkjet printer and do whatever,
Just rethink your whole idea because its foundation won’t last you long,
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What other art do you have on your walls? , by Brushstrokes 75 on Dec 19, 2017 13:15:55 GMT 1, Daisuke's work is da bomb! Those are beautiful. Were they meant as a set? A good friend of mine did a project with him (and yoshi katemani) last year and I hear he is a cool bloke on top of that. His work is fantastic. This set is really a 'book', published by goliga. However each book is a set of 10 prints in a custom wooden box. Edition of 140, it cost about 500 pounds. Hardly a steal, but cheap given the progress his work is making at auction. I had them custom framed which added quite a bit to the cost, but still a bargain. My best art purchase of the year. I also have another of his books, Outskirts, in the special edition that includes 2 signed and numbered prints (edition 50). They will also go up. I bought from photobookstore. Thank you! Good to see others appreciating his work. He is prolific!
Great Framing. Still super cool set up.
i like his intensive printing process. I found that rather fascinatiing.
Another photographer who i found impressive on that end is john chiara. There is a small clip on youtube where he shows his photographic process. It’s trully mindlowing.
Daisuke's work is da bomb! Those are beautiful. Were they meant as a set? A good friend of mine did a project with him (and yoshi katemani) last year and I hear he is a cool bloke on top of that. His work is fantastic. This set is really a 'book', published by goliga. However each book is a set of 10 prints in a custom wooden box. Edition of 140, it cost about 500 pounds. Hardly a steal, but cheap given the progress his work is making at auction. I had them custom framed which added quite a bit to the cost, but still a bargain. My best art purchase of the year. I also have another of his books, Outskirts, in the special edition that includes 2 signed and numbered prints (edition 50). They will also go up. I bought from photobookstore. Thank you! Good to see others appreciating his work. He is prolific! Great Framing. Still super cool set up. i like his intensive printing process. I found that rather fascinatiing. Another photographer who i found impressive on that end is john chiara. There is a small clip on youtube where he shows his photographic process. It’s trully mindlowing.
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Bansky?!!!, by Brushstrokes 75 on Dec 18, 2017 21:36:15 GMT 1, pretty hilarious and those 'new' boxes are actually pretty sweet.
pretty hilarious and those 'new' boxes are actually pretty sweet.
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What other art do you have on your walls? , by Brushstrokes 75 on Dec 18, 2017 18:15:27 GMT 1, More photographs.... Daisuke Yokota Daisuke's work is da bomb! Those are beautiful. Were they meant as a set?
A good friend of mine did a project with him (and yoshi katemani) last year and I hear he is a cool bloke on top of that.
More photographs.... Daisuke Yokota Daisuke's work is da bomb! Those are beautiful. Were they meant as a set? A good friend of mine did a project with him (and yoshi katemani) last year and I hear he is a cool bloke on top of that.
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KAWS x Uniqlo, by Brushstrokes 75 on Dec 18, 2017 9:14:42 GMT 1, Hey guys,
Not sure anyone is interested but the medium snoopy plush toys (both in black and white) are currently on sale on Uniqlo websites in Europe with free shipping (29.90 euro/£24.90),
Hey guys,
Not sure anyone is interested but the medium snoopy plush toys (both in black and white) are currently on sale on Uniqlo websites in Europe with free shipping (29.90 euro/£24.90),
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Bitcoin
Dec 17, 2017 20:44:53 GMT 1
via mobile
Bitcoin, by Brushstrokes 75 on Dec 17, 2017 20:44:53 GMT 1, Ripple has all of the functionality solutions that Bitcoin lacks, and has always been a long-term play because it's one of the few cryptocurrencies where you can easily see the real-world applicability (supplanting SWIFT, using as a stable alternative for when BTC or other cryptos get volatile, etc.). ETH and Bitcoin are completely different animals. That said, very few people know what they're talking about re: cryptocurrency, and I wouldn't put money in unless you do.
Counter arguments : ripple is not decentralized / it’s open source (any banks or corporation can duplicate it and rip it off eventually)
Ripple has all of the functionality solutions that Bitcoin lacks, and has always been a long-term play because it's one of the few cryptocurrencies where you can easily see the real-world applicability (supplanting SWIFT, using as a stable alternative for when BTC or other cryptos get volatile, etc.). ETH and Bitcoin are completely different animals. That said, very few people know what they're talking about re: cryptocurrency, and I wouldn't put money in unless you do. Counter arguments : ripple is not decentralized / it’s open source (any banks or corporation can duplicate it and rip it off eventually)
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Bitcoin
Dec 17, 2017 18:36:56 GMT 1
via mobile
Bitcoin, by Brushstrokes 75 on Dec 17, 2017 18:36:56 GMT 1, Different product and different technology between eth and bitcoin.
Only relating the information I’ve read (I’m not a coder)
Problem with bitcoin (as of now) is the teansaction cost (nearly $20) because you have to pay the blockchain for confirming each transaction.
People buy eth because of the technology of smart contracts (and also because there has been a lot of marketing and advertising with massive back up). The smart contract technology is really interesting. However, eth is really vulenrable and the code seems poor.
Afterwards you’re right about everything else. The marketplace are unregulated.
Bitcoin is possible to trace but you’re still anonymous because it can t be traces to you.
All the products have their inherent strategic advantage in terms of future transaction. One day one or a few of those or offsprings are gonna be in place. That’s for sure, people are just betting on what they think will work (and some are investing because they’re seeing the rise and think easy money)
Different product and different technology between eth and bitcoin.
Only relating the information I’ve read (I’m not a coder)
Problem with bitcoin (as of now) is the teansaction cost (nearly $20) because you have to pay the blockchain for confirming each transaction.
People buy eth because of the technology of smart contracts (and also because there has been a lot of marketing and advertising with massive back up). The smart contract technology is really interesting. However, eth is really vulenrable and the code seems poor.
Afterwards you’re right about everything else. The marketplace are unregulated.
Bitcoin is possible to trace but you’re still anonymous because it can t be traces to you.
All the products have their inherent strategic advantage in terms of future transaction. One day one or a few of those or offsprings are gonna be in place. That’s for sure, people are just betting on what they think will work (and some are investing because they’re seeing the rise and think easy money)
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Bitcoin
Dec 17, 2017 12:08:57 GMT 1
via mobile
Bitcoin, by Brushstrokes 75 on Dec 17, 2017 12:08:57 GMT 1, So your investment advice is: "make sure you get your original capital back out" Either it's a good investment or it's a bad investment. Either you should sell all or buy more if you can afford it. Your "advice" is typical of inexperienced amateurs who attempt to inflict emotional bias on others. I just don't want idiots to hv their wives leave them cos they lost it all lol. Diversification is kind of 101 in investing but sure go all in one one asset or class.
Eg not like this guy :
www.cnbc.com/2017/10/17/this-family-bet-it-all-on-bitcoin.html
So your investment advice is: "make sure you get your original capital back out" Either it's a good investment or it's a bad investment. Either you should sell all or buy more if you can afford it. Your "advice" is typical of inexperienced amateurs who attempt to inflict emotional bias on others. I just don't want idiots to hv their wives leave them cos they lost it all lol. Diversification is kind of 101 in investing but sure go all in one one asset or class. Eg not like this guy : www.cnbc.com/2017/10/17/this-family-bet-it-all-on-bitcoin.html
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Bitcoin
Dec 17, 2017 12:05:40 GMT 1
via mobile
Bitcoin, by Brushstrokes 75 on Dec 17, 2017 12:05:40 GMT 1, So your investment advice is: "make sure you get your original capital back out" Either it's a good investment or it's a bad investment. Either you should sell all or buy more if you can afford it. Your "advice" is typical of inexperienced amateurs who attempt to inflict emotional bias on others. I just don't want idiots to hv their wives leave them cos they lost it all lol. Diversification is kind of 101 in investing but sure go all in one one asset or class.
Well I do agree with what you said with crypto. People “investing” (more like speculating) just because they think it’s a cash cow and “there’s a thing such as a free lunch”.
While I do agree that diversification is basic, it’s also a theory that was also tested with a lot of assumptions and parameters (for example, that the market information is fully efficient, no transaction cost...).
Markowitz’s model concept and theory is so widely used that it became the aboslute norm.
However, I bet over 90% of people investing (professional or personal) never read his paper.
On the other end, it’s a theory that rely on the definition you give on risk. In Markowitz sense (and the general one), risk is defined by portofolio variance.
Anyhow, there are other ways to look at it, if you actually spent time defining markets, doing in depth analysis with intrinsec value, your risk doesn’t reside in how many asset classes you have in your portfolio but on what you have selected as investment (not talking speculation here. Investment is at least 3 years). You risk is to chosse wrong.
At the end of the day, whether you’re right or not, people tend to forget that a lot of successess balls down to 2 factors : timing and luck.
Anyhow, crpyto is an interesting subject with a lot of possible applications but at this point it’s just gamble. When people start buying things just because they heard something or someone told them to, it’s not a good thing usually.
Good book on the subject of luck and randomness if anyone is interested is Nassim Taleb Fooled by randomness.
So your investment advice is: "make sure you get your original capital back out" Either it's a good investment or it's a bad investment. Either you should sell all or buy more if you can afford it. Your "advice" is typical of inexperienced amateurs who attempt to inflict emotional bias on others. I just don't want idiots to hv their wives leave them cos they lost it all lol. Diversification is kind of 101 in investing but sure go all in one one asset or class. Well I do agree with what you said with crypto. People “investing” (more like speculating) just because they think it’s a cash cow and “there’s a thing such as a free lunch”. While I do agree that diversification is basic, it’s also a theory that was also tested with a lot of assumptions and parameters (for example, that the market information is fully efficient, no transaction cost...). Markowitz’s model concept and theory is so widely used that it became the aboslute norm. However, I bet over 90% of people investing (professional or personal) never read his paper. On the other end, it’s a theory that rely on the definition you give on risk. In Markowitz sense (and the general one), risk is defined by portofolio variance. Anyhow, there are other ways to look at it, if you actually spent time defining markets, doing in depth analysis with intrinsec value, your risk doesn’t reside in how many asset classes you have in your portfolio but on what you have selected as investment (not talking speculation here. Investment is at least 3 years). You risk is to chosse wrong. At the end of the day, whether you’re right or not, people tend to forget that a lot of successess balls down to 2 factors : timing and luck. Anyhow, crpyto is an interesting subject with a lot of possible applications but at this point it’s just gamble. When people start buying things just because they heard something or someone told them to, it’s not a good thing usually. Good book on the subject of luck and randomness if anyone is interested is Nassim Taleb Fooled by randomness.
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What other art do you have on your walls? , by Brushstrokes 75 on Dec 14, 2017 17:13:05 GMT 1, Great thread! Photography....
those butterflies look amaing
Great thread! Photography.... those butterflies look amaing
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Bitcoin
Dec 12, 2017 17:27:22 GMT 1
via mobile
Bitcoin, by Brushstrokes 75 on Dec 12, 2017 17:27:22 GMT 1, coinbase froze selling of ETH and LTC, I need to get some LTC out!! I would definitely get everything out of coinbase it’s horrible. They freeze coins and charge high fees.
Any other suggestion for exchange? What do you guy use?
coinbase froze selling of ETH and LTC, I need to get some LTC out!! I would definitely get everything out of coinbase it’s horrible. They freeze coins and charge high fees. Any other suggestion for exchange? What do you guy use?
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bits for sale, by Brushstrokes 75 on Dec 11, 2017 2:52:27 GMT 1, As saying out friend Isaac Cordal, in his sculptures or in the life, stay humble and don’t be so quick to shout after members. History of this forum is streetart ( old school mural painting and graffiti ? Don’t think so .. ) So for contemporary art, photos ( I saw the Cartier exhibition and Gisele Freund was my neighbor and confident too - yes I am not anymore humble ), why do you want to sell here ( yes, why in fact ? Apart Dran, Tilt and ZEVS ? ) ? You have a nice and so colored collection, but ... please, don’t shout, Now you can block me. And I apologize too.
Well people might be interested in buyin sthing else. If they don’t or nobody is interestested, it doesn’t change or impact anything for me or anyone else on this board 😉
As saying out friend Isaac Cordal, in his sculptures or in the life, stay humble and don’t be so quick to shout after members. History of this forum is streetart ( old school mural painting and graffiti ? Don’t think so .. ) So for contemporary art, photos ( I saw the Cartier exhibition and Gisele Freund was my neighbor and confident too - yes I am not anymore humble ), why do you want to sell here ( yes, why in fact ? Apart Dran, Tilt and ZEVS ? ) ? You have a nice and so colored collection, but ... please, don’t shout, Now you can block me. And I apologize too. Well people might be interested in buyin sthing else. If they don’t or nobody is interestested, it doesn’t change or impact anything for me or anyone else on this board 😉
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bits for sale, by Brushstrokes 75 on Dec 10, 2017 20:11:17 GMT 1, Cadeus mars sold
Ai weiwei still available
Accepting payment in bitcoin or litecoin 🤗
I can do part cash part trade on some (looking for kaws toys, some david choe pieces, some friedriks among others)
Cadeus mars sold
Ai weiwei still available
Accepting payment in bitcoin or litecoin 🤗
I can do part cash part trade on some (looking for kaws toys, some david choe pieces, some friedriks among others)
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Bitcoin, by Brushstrokes 75 on Dec 9, 2017 19:05:14 GMT 1, I know some of you guys are expert at this. I'm a noob on this and I sent $50 through coinbase in Bitcoin. Coinbase charge me a transaction fee of $16. Basically 33% of the amount sent. Is this something normal or am I missing sthing?
I know some of you guys are expert at this. I'm a noob on this and I sent $50 through coinbase in Bitcoin. Coinbase charge me a transaction fee of $16. Basically 33% of the amount sent. Is this something normal or am I missing sthing?
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Art Basel • Miami, Hong Kong, Paris, by Brushstrokes 75 on Dec 7, 2017 23:46:14 GMT 1, Leo is a known collector and knows what he's doing as he buys rather extensively.
I saw him a few times at Sotheby's in NY. (he also ripped me a new one once bidding against me)
Leo is a known collector and knows what he's doing as he buys rather extensively.
I saw him a few times at Sotheby's in NY. (he also ripped me a new one once bidding against me)
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