longshanks
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October 2012
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Damien Hirst NFT "The Currency", by longshanks on Jul 27, 2021 11:15:03 GMT 1, ergh..... a new day and I'm still so gutted.
ergh..... a new day and I'm still so gutted.
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eliopp
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September 2019
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Damien Hirst NFT "The Currency", by eliopp on Jul 27, 2021 11:18:19 GMT 1, Thanks, this is helpful. Especially this, from the sending/transferring link: I wonder how much panic will ensue on or after July 29th amongst people who will quite reasonably conclude their NFT has gone astray when in fact they’re using a browser extension in which it will never appear. I predict that Heni will be busy. What the.... That's insane! What's the point in having a metamask extension on your browser if it doesn't show NFTs?
Think of MetaMask as a place you store your COA. And you are free to download your NFT to any device you want to view it. Or you can connect your MetaMask to another site like lazy.com to view all your NFTs.
Thanks, this is helpful. Especially this, from the sending/transferring link: I wonder how much panic will ensue on or after July 29th amongst people who will quite reasonably conclude their NFT has gone astray when in fact they’re using a browser extension in which it will never appear. I predict that Heni will be busy. What the.... That's insane! What's the point in having a metamask extension on your browser if it doesn't show NFTs? Think of MetaMask as a place you store your COA. And you are free to download your NFT to any device you want to view it. Or you can connect your MetaMask to another site like lazy.com to view all your NFTs. |
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eliopp
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September 2019
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Damien Hirst NFT "The Currency", by eliopp on Jul 27, 2021 11:25:16 GMT 1, It is quite funny seeing a few salty people in this thread. Only gonna get worse when the prices absolutely rocket when the secondary market opens.
It is quite funny seeing a few salty people in this thread. Only gonna get worse when the prices absolutely rocket when the secondary market opens.
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Damien Hirst NFT "The Currency", by Carl Cashman Art on Jul 27, 2021 11:35:52 GMT 1, Relax. In 2 months time there will be literally hundreds of the bloody things for sale on e-bay. They will be easy enough to buy.
Relax. In 2 months time there will be literally hundreds of the bloody things for sale on e-bay. They will be easy enough to buy. Won't be any on ebay, you can't flog NFTs there's. |
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Damien Hirst NFT "The Currency", by Black Wolf on Jul 27, 2021 11:37:03 GMT 1, Relax. In 2 months time there will be literally hundreds of the bloody things for sale on e-bay. They will be easy enough to buy. Won't be any on ebay, you can't flog NFTs there's.
Yes you can! There’s now an NFT section when listing
Relax. In 2 months time there will be literally hundreds of the bloody things for sale on e-bay. They will be easy enough to buy. Won't be any on ebay, you can't flog NFTs there's. Yes you can! There’s now an NFT section when listing |
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Damien Hirst NFT "The Currency", by Carl Cashman Art on Jul 27, 2021 11:38:19 GMT 1, Won't be any on ebay, you can't flog NFTs there's. Yes you can! There’s now an NFT section when listing
Today I learned something new, cheers 🍻
Won't be any on ebay, you can't flog NFTs there's. Yes you can! There’s now an NFT section when listing Ah crazy ! Never new that Today I learned something new, cheers 🍻 |
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Damien Hirst NFT "The Currency", by flingading on Jul 27, 2021 11:39:12 GMT 1, Still on the lookout for one of these if anyone hit more than once. Realise at the this stage I'll probably have to pay a premium and also have some prints I could throw into the mix (Murmure/Chevrier/Pose etc) Discretion assured. Thanks
EDIT *SORTED
Still on the lookout for one of these if anyone hit more than once. Realise at the this stage I'll probably have to pay a premium and also have some prints I could throw into the mix (Murmure/Chevrier/Pose etc) Discretion assured. Thanks
EDIT *SORTED
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longshanks
Junior Member
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October 2012
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Damien Hirst NFT "The Currency", by longshanks on Jul 27, 2021 11:41:23 GMT 1, I get that there will be lots available.... but there's certainly going to be ambitious pricing also.
Dammit! I just wanted to buy through Heni
I get that there will be lots available.... but there's certainly going to be ambitious pricing also.
Dammit! I just wanted to buy through Heni
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eliopp
New Member
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September 2019
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Damien Hirst NFT "The Currency", by eliopp on Jul 27, 2021 11:43:35 GMT 1, wondering how taxes work on these? I imagine selling a physical work on a forum is fine as long as it's not your everyday job. But what about NFT's as it's only crypto. You would have to sell it first as eth then exchange from eth to fiat, then to your account. Will it be considered then as just stocks for taxes (30% here  ?
Depends on which country you are in. In the UK capital gains tax applies to both art and crypto.
wondering how taxes work on these? I imagine selling a physical work on a forum is fine as long as it's not your everyday job. But what about NFT's as it's only crypto. You would have to sell it first as eth then exchange from eth to fiat, then to your account. Will it be considered then as just stocks for taxes (30% here ? Depends on which country you are in. In the UK capital gains tax applies to both art and crypto. |
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rinz
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October 2019
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Damien Hirst NFT "The Currency", by rinz on Jul 27, 2021 11:44:03 GMT 1, Relax. In 2 months time there will be literally hundreds of the bloody things for sale on e-bay. They will be easy enough to buy.
Like The Virtues? You are in for a surprise. The NFT'lovers will be pumping this one
Relax. In 2 months time there will be literally hundreds of the bloody things for sale on e-bay. They will be easy enough to buy. Like The Virtues? You are in for a surprise. The NFT'lovers will be pumping this one |
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Damien Hirst NFT "The Currency", by Arty Farty 15 on Jul 27, 2021 11:59:42 GMT 1, Anyone thinking they'll pick one up for less than £6K will be very much enlightened in the coming months
Anyone thinking they'll pick one up for less than £6K will be very much enlightened in the coming months
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Deleted
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January 1970
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Damien Hirst NFT "The Currency", by Deleted on Jul 27, 2021 12:07:27 GMT 1, Anyone thinking they'll pick one up for less than £6K will be very much enlightened in the coming months
You just edited from £4K to £6k?
You might as well retire, you’ve won the lottery!
Anyone thinking they'll pick one up for less than £6K will be very much enlightened in the coming months You just edited from £4K to £6k? You might as well retire, you’ve won the lottery! |
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robo
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Damien Hirst NFT "The Currency", by robo on Jul 27, 2021 12:11:58 GMT 1, Anyone thinking they'll pick one up for less than £6K will be very much enlightened in the coming months You just edited from £4K to £6k? You might as well retire, you’ve won the lottery!
Anyone thinking they'll pick one up for less than £6K will be very much enlightened in the coming months You just edited from £4K to £6k? You might as well retire, you’ve won the lottery! Surely you missed a few zeroes? 😜 |
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Damien Hirst NFT "The Currency", by Slipped Crown on Jul 27, 2021 12:13:35 GMT 1, Relax. In 2 months time there will be literally hundreds of the bloody things for sale on e-bay. They will be easy enough to buy.
Easy to buy but probably not cheap to buy
Relax. In 2 months time there will be literally hundreds of the bloody things for sale on e-bay. They will be easy enough to buy.
Easy to buy but probably not cheap to buy
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Damien Hirst NFT "The Currency", by Midlife Crisis on Jul 27, 2021 12:14:41 GMT 1, On ebay for £4.5k
On ebay for £4.5k
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Richy Rich
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Damien Hirst NFT "The Currency", by Richy Rich on Jul 27, 2021 12:21:14 GMT 1, I'm so confused. Artyfarty told us that if anyone thought they were going to pick one up for less than £6k in the coming months then they'd be enlightened?
Why would he lie to me? What did we do to deserve this?
I'm so confused. Artyfarty told us that if anyone thought they were going to pick one up for less than £6k in the coming months then they'd be enlightened? Why would he lie to me? What did we do to deserve this? |
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Deleted
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January 1970
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Damien Hirst NFT "The Currency", by Deleted on Jul 27, 2021 12:23:11 GMT 1, I'm so confused. Artyfarty told us that if anyone thought they were going to pick one up for less than £6k in the coming months then they'd be enlightened? Why would he lie to me? What did we do to deserve this?
I think it might be something to do with him having 3 of these
Only a guess
Probably a big investment for him
I'm so confused. Artyfarty told us that if anyone thought they were going to pick one up for less than £6k in the coming months then they'd be enlightened? Why would he lie to me? What did we do to deserve this? I think it might be something to do with him having 3 of these Only a guess Probably a big investment for him |
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Deleted
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January 1970
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Damien Hirst NFT "The Currency", by Deleted on Jul 27, 2021 12:36:06 GMT 1, Relax. In 2 months time there will be literally hundreds of the bloody things for sale on e-bay. They will be easy enough to buy.
I'll be very surprised if hundreds become available immediately. Sure, there will be loads of people who bought to sell, but I'd bet most of them will wait to see what the market does, particularly as you can't sell the physical painting for two months and you'll be able to easily track market value of the NFTs.
Relax. In 2 months time there will be literally hundreds of the bloody things for sale on e-bay. They will be easy enough to buy. I'll be very surprised if hundreds become available immediately. Sure, there will be loads of people who bought to sell, but I'd bet most of them will wait to see what the market does, particularly as you can't sell the physical painting for two months and you'll be able to easily track market value of the NFTs. |
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Deleted
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January 1970
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Damien Hirst NFT "The Currency", by Deleted on Jul 27, 2021 12:50:33 GMT 1, I'll be very surprised if hundreds become available immediately. Sure, there will be loads of people who bought to sell, but I'd bet most of them will wait to see what the market does, particularly as you can't sell the physical painting for two months and you'll be able to easily track market value of the NFTs. Prepare to be surprised. You have around 9,000 sold to consumers. Look at ebay when a Shepard fairey print is released and you have around 10% on ebay immediately from flippers. I would expect a similar amount from the quick flip crowd that has to pay off the 2,000 on their credit card in the next 30 days and doesn't have the money to pay it until they flip it.
I'll be very surprised if hundreds become available immediately. Sure, there will be loads of people who bought to sell, but I'd bet most of them will wait to see what the market does, particularly as you can't sell the physical painting for two months and you'll be able to easily track market value of the NFTs. Prepare to be surprised. You have around 9,000 sold to consumers. Look at ebay when a Shepard fairey print is released and you have around 10% on ebay immediately from flippers. I would expect a similar amount from the quick flip crowd that has to pay off the 2,000 on their credit card in the next 30 days and doesn't have the money to pay it until they flip it. Maybe, and I kind of hope so so that some who missed out here can get one. Just think this has a completely different sales market to prints, with a marketplace designed for trading them. Putting one on ebay for a couple of hundred quid profit would seem very naive flipping. But I guess we'll find out by the end of the week. |
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Damien Hirst NFT "The Currency", by Arty Farty 15 on Jul 27, 2021 12:54:18 GMT 1, I'm so confused. Artyfarty told us that if anyone thought they were going to pick one up for less than £6k in the coming months then they'd be enlightened? Why would he lie to me? What did we do to deserve this?
In two months time just watch… I was underselling with £4k. You won’t get one less than £6k…
NFTs are relatively new, this is the first one from perhaps the worlds biggest contemporary artist so it’s part of history.
Hirsts buyer base is infinitely bigger than this forum
Inflation is a fear of investors and this is a great hedge against inflation
The virtues are signed giclees. They sold about 10k of them. They are already going for 3x. These are originals and there will be less than 10k given the NFT/Physical decision
It’s a huge experiment and our decisions are part of the wider art project
I'm so confused. Artyfarty told us that if anyone thought they were going to pick one up for less than £6k in the coming months then they'd be enlightened? Why would he lie to me? What did we do to deserve this? In two months time just watch… I was underselling with £4k. You won’t get one less than £6k… NFTs are relatively new, this is the first one from perhaps the worlds biggest contemporary artist so it’s part of history. Hirsts buyer base is infinitely bigger than this forum Inflation is a fear of investors and this is a great hedge against inflation The virtues are signed giclees. They sold about 10k of them. They are already going for 3x. These are originals and there will be less than 10k given the NFT/Physical decision It’s a huge experiment and our decisions are part of the wider art project |
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cnrdvln
Junior Member
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February 2017
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Damien Hirst NFT "The Currency", by cnrdvln on Jul 27, 2021 12:55:47 GMT 1, discord chat saying to set the base at 15k upon launch and to hold firm.
that will in no way happen and people will undercut to a quick flip. just not sure what the initial race to the bottom flip will be.
I genuinely think Heni will kick the churn off and buy a few at market rate, it's in their favor overall
discord chat saying to set the base at 15k upon launch and to hold firm.
that will in no way happen and people will undercut to a quick flip. just not sure what the initial race to the bottom flip will be.
I genuinely think Heni will kick the churn off and buy a few at market rate, it's in their favor overall
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blerd
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November 2016
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Damien Hirst NFT "The Currency", by blerd on Jul 27, 2021 13:12:36 GMT 1, Won't be any on ebay, you can't flog NFTs there's. Sorry, I meant the artworks.
Won't be any on ebay, you can't flog NFTs there's. Sorry, I meant the artworks. not for a year then. |
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eliopp
New Member
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Damien Hirst NFT "The Currency", by eliopp on Jul 27, 2021 13:14:09 GMT 1, Have a look at what popular NFTs like Punks and BAYC are going for.. and that's without possibility of a Hirst original. I think people underestimate the potential of this project by quite some margin.
Have a look at what popular NFTs like Punks and BAYC are going for.. and that's without possibility of a Hirst original. I think people underestimate the potential of this project by quite some margin.
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eliopp
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Damien Hirst NFT "The Currency", by eliopp on Jul 27, 2021 13:19:25 GMT 1, I'll be very surprised if hundreds become available immediately. Sure, there will be loads of people who bought to sell, but I'd bet most of them will wait to see what the market does, particularly as you can't sell the physical painting for two months and you'll be able to easily track market value of the NFTs. Prepare to be surprised. You have around 9,000 sold to consumers. Look at ebay when a Shepard fairey print is released and you have around 10% on ebay immediately from flippers. I would expect a similar amount from the quick flip crowd that has to pay off the 2,000 on their credit card in the next 30 days and doesn't have the money to pay it until they flip it.
You are the one that is going to have to prepare to be surprised. You vastly underestimate how good this project is and just how much money NFT collectors have. Loads of these guys got in ETH early and have millions to play around with.
I'll be very surprised if hundreds become available immediately. Sure, there will be loads of people who bought to sell, but I'd bet most of them will wait to see what the market does, particularly as you can't sell the physical painting for two months and you'll be able to easily track market value of the NFTs. Prepare to be surprised. You have around 9,000 sold to consumers. Look at ebay when a Shepard fairey print is released and you have around 10% on ebay immediately from flippers. I would expect a similar amount from the quick flip crowd that has to pay off the 2,000 on their credit card in the next 30 days and doesn't have the money to pay it until they flip it. You are the one that is going to have to prepare to be surprised. You vastly underestimate how good this project is and just how much money NFT collectors have. Loads of these guys got in ETH early and have millions to play around with. |
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blerd
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Damien Hirst NFT "The Currency", by blerd on Jul 27, 2021 13:23:50 GMT 1, You can get the artwork in September this year.
You can get the artwork in September this year. Ah ok! I didn't realise. |
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Chris JL
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Damien Hirst NFT "The Currency", by Chris JL on Jul 27, 2021 13:26:22 GMT 1, To the untrained eye it looks like a tv with no signal
😂
To the untrained eye it looks like a tv with no signal 😂 |
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eliopp
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Damien Hirst NFT "The Currency", by eliopp on Jul 27, 2021 13:26:31 GMT 1, You are the one that is going to have to prepare to be surprised. You vastly underestimate how good this project is and just how much money NFT collectors have. Loads of these guys got in ETH early and have millions to play around with. 1) these aren't NFTs currently and 2) you still have multiple decades of physical releases from Hirst.
You'll see
You are the one that is going to have to prepare to be surprised. You vastly underestimate how good this project is and just how much money NFT collectors have. Loads of these guys got in ETH early and have millions to play around with. 1) these aren't NFTs currently and 2) you still have multiple decades of physical releases from Hirst. You'll see |
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grrr
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Damien Hirst NFT "The Currency", by grrr on Jul 27, 2021 13:36:59 GMT 1, I’m totally new to all this i wasn’t really aware what an nft was. Ive been thinking about it and I’m probably miles off but could this be seen as a currency such as Bitcoin so let’s call each nft = one DH and there will only ever be 10,000 DH’s. Then would there be a way these could be split down into fractions of currency’s so you can buy 0.5 of a DH. Which would then make the artwork just a serial number/authentication to the currency. So after time the artwork is irrelevant and it’s more about the currency itself. In this scenario (if it’s possible) then prices could go way up as people trade fractions of a DH. Also could Damien let you purchase future works from him using DH as the currency so .25 of a DH buys you the next hirst print.
Please let me know how wrong I am I know zero about bitcoins nft’s etc but I’ve been thinking about the project and I think the currency theme will run deaper than most think
I’m totally new to all this i wasn’t really aware what an nft was. Ive been thinking about it and I’m probably miles off but could this be seen as a currency such as Bitcoin so let’s call each nft = one DH and there will only ever be 10,000 DH’s. Then would there be a way these could be split down into fractions of currency’s so you can buy 0.5 of a DH. Which would then make the artwork just a serial number/authentication to the currency. So after time the artwork is irrelevant and it’s more about the currency itself. In this scenario (if it’s possible) then prices could go way up as people trade fractions of a DH. Also could Damien let you purchase future works from him using DH as the currency so .25 of a DH buys you the next hirst print.
Please let me know how wrong I am I know zero about bitcoins nft’s etc but I’ve been thinking about the project and I think the currency theme will run deaper than most think
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cnrdvln
Junior Member
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Damien Hirst NFT "The Currency", by cnrdvln on Jul 27, 2021 13:42:09 GMT 1, I’m totally new to all this i wasn’t really aware what an nft was. Ive been thinking about it and I’m probably miles off but could this be seen as a currency such as Bitcoin so let’s call each nft = one DH and there will only ever be 10,000 DH’s. Then would there be a way these could be split down into fractions of currency’s so you can buy 0.5 of a DH. Which would then make the artwork just a serial number/authentication to the currency. So after time the artwork is irrelevant and it’s more about the currency itself. In this scenario (if it’s possible) then prices could go way up as people trade fractions of a DH. Also could Damien let you purchase future works from him using DH as the currency so .25 of a DH buys you the next hirst print. Please let me know how wrong I am I know zero about bitcoins nft’s etc but I’ve been thinking about the project and I think the currency theme will run deaper than most think
yeah you've misunderstood a bit there. NFTs, by their name, cannot be split. I'd suggest watching a few informative videos on NFTs etc.
I’m totally new to all this i wasn’t really aware what an nft was. Ive been thinking about it and I’m probably miles off but could this be seen as a currency such as Bitcoin so let’s call each nft = one DH and there will only ever be 10,000 DH’s. Then would there be a way these could be split down into fractions of currency’s so you can buy 0.5 of a DH. Which would then make the artwork just a serial number/authentication to the currency. So after time the artwork is irrelevant and it’s more about the currency itself. In this scenario (if it’s possible) then prices could go way up as people trade fractions of a DH. Also could Damien let you purchase future works from him using DH as the currency so .25 of a DH buys you the next hirst print. Please let me know how wrong I am I know zero about bitcoins nft’s etc but I’ve been thinking about the project and I think the currency theme will run deaper than most think yeah you've misunderstood a bit there. NFTs, by their name, cannot be split. I'd suggest watching a few informative videos on NFTs etc. |
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teabaggins
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Damien Hirst NFT "The Currency", by teabaggins on Jul 27, 2021 13:43:48 GMT 1, You are the one that is going to have to prepare to be surprised. You vastly underestimate how good this project is and just how much money NFT collectors have. Loads of these guys got in ETH early and have millions to play around with. 1) these aren't NFTs currently and 2) you still have multiple decades of physical releases from Hirst.
They are NFT’s currently. 100% of them are issued in NFT form first.
You are the one that is going to have to prepare to be surprised. You vastly underestimate how good this project is and just how much money NFT collectors have. Loads of these guys got in ETH early and have millions to play around with. 1) these aren't NFTs currently and 2) you still have multiple decades of physical releases from Hirst. They are NFT’s currently. 100% of them are issued in NFT form first. |
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