Panini Prizm NFT

[glassofwater]

From the app the checklist has copper Flagg. These might be a good pack to buy and store if current prices stay



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[beavers]

Offer volume going insane again today. Had $1 offers on tons of base I haven’t previously had offers on. Baseball, football and soccer. Wondering if we are going to get some new burn/crafting events.

I’m about to turn off the push notifications because they are nonstop.

[eastbayak]

Originally Posted by beavers

Offer volume going insane again today. Had $1 offers on tons of base I haven’t previously had offers on. Baseball, football and soccer. Wondering if we are going to get some new burn/crafting events.

I’m about to turn off the push notifications because they are nonstop.

Heads up, I randomly listed one of my $1 offer NFTs for $3 and someone bought it.

Anyone considering to accept those $1 offers should list them for $2-$4 to see if anyone bites first. 2-4x your money

[redsfaithful]

Originally Posted by Bob Ross

No. Sell the Lebron/Curry/big names and burn or sell the rest. Base Lebron is a $50 card for normal serial #'s.

I was lazy and didn't sell and now it's a gatekeep for some Discord role I don't fully understand? Floor seems to be $3 now vs. $1 before.

I think I'm going to exit here but hate selling into something I don't fully have a handle on.

[WhiteoutJustin]

Not sure exactly what the play here is, but I can see that there’s a lot of whale money flowing in to the platform right now. But I’m weighing that against the fact that Panini loses all their license here within the next 6 months and how valuable will they be in the long-term? They will always be some of the earliest NFTs but if there’s no more NFTs (at least NBA and NFL) then what following does the segment really have and thus what long term value will they hold?


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[beavers]

Originally Posted by WhiteoutJustin

Not sure exactly what the play here is, but I can see that there’s a lot of whale money flowing in to the platform right now. But I’m weighing that against the fact that Panini loses all their license here within the next 6 months and how valuable will they be in the long-term? They will always be some of the earliest NFTs but if there’s no more NFTs (at least NBA and NFL) then what following does the segment really have and thus what long term value will they hold?


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Yep. If it’s true they are doing an ethereum bridge, Panini’s site would no longer be necessary and these would have life post-panini. The huge influx of money tells me that people who are in the know believe that it persists.

Also, the fact that someone paid $7k for a Daniel Jones (before the season) due to its position on the chain tells me the crypto/nft crowd is driving this bus.

I removed all of my listing and am just going to wait it out. I’m playing with house money so I can stomach the risk of it going to zero.

[boxbuster7]

Originally Posted by beavers

Offer volume going insane again today. Had $1 offers on tons of base I haven’t previously had offers on. Baseball, football and soccer. Wondering if we are going to get some new burn/crafting events.

I’m about to turn off the push notifications because they are nonstop.

Turn off notifications - your life will improve 10x

[patchgenie]

Originally Posted by WhiteoutJustin

Not sure exactly what the play here is, but I can see that there’s a lot of whale money flowing in to the platform right now. But I’m weighing that against the fact that Panini loses all their license here within the next 6 months and how valuable will they be in the long-term? They will always be some of the earliest NFTs but if there’s no more NFTs (at least NBA and NFL) then what following does the segment really have and thus what long term value will they hold?


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wonder how reignmakers NFT's are doing?

[boxbuster7]

Originally Posted by patchgenie

wonder how reignmakers NFT's are doing?

[Brobocop]

20k packs being launched today, can't see there being that big of a market for sealed ones.

[glassofwater]

Originally Posted by Brobocop

20k packs being launched today, can't see there being that big of a market for sealed ones.

Yes stay far away from paninis last licensed drop. These will be worth worthless and should be sitting.

[Brobocop]

Originally Posted by glassofwater

Yes stay far away from paninis last licensed drop. These will be worth worthless and should be sitting.

I should have posed it more as a question, not a statement of fact, since I planned on buying whatever I can with the money I have sitting in my account, which should be three packs.

More of a question of do I open them or keep them sealed, just wanted people's thoughts.

[Asian62150]

Originally Posted by Brobocop

I should have posed it more as a question, not a statement of fact, since I planned on buying whatever I can with the money I have sitting in my account, which should be three packs.

More of a question of do I open them or keep them sealed, just wanted people's thoughts.

Best Of had 12K packs at $75/per and those are up significantly.

These have 20K packs but are only $25/per.

I'm like you in the sense I'm using profits that are already in my account. Gonna try for a few.

[Brobocop]

High volumes alert, never change Panini.

[PrinceVegeta]

So they are limited to 15 and only can order every 10 minutes..cringe

[Brobocop]

Sold out, wow. 20k packs gone in under three minutes.

[Chris P]

Well that sucked. I didn't really get a chance to order any as it told me i couldn't order for another 10 minutes and they were gone

[beavers]

I got one order of 15

I see a pack already sold for $75

[Bob Ross]

Originally Posted by Brobocop

20k packs being launched today, can't see there being that big of a market for sealed ones.

[Brobocop]

Originally Posted by Bob Ross

First time in a long while lol. I bought one pack for $75 to use up as much of my funds as I could.

[PrinceVegeta]

Sold my packs at $80 feel like a clown as they are $110 already lol

[Asian62150]

Originally Posted by PrinceVegeta

Sold my packs at $80 feel like a clown as they are $110 already lol

Just sold one for $109.

One of the best things about this is the liquidity.

[discodanman45]

I timed it perfectly at around $120 per pack sold. These will be dropping pretty quickly today.

[beavers]

Originally Posted by discodanman45

I timed it perfectly at around $120 per pack sold. These will be dropping pretty quickly today.

Probably in the short term. However, just looking the listings, there are just over 1,000 packs for sale. About half are in the “move now” range of about $100. The other half are in the long term hold price range. $200+.

I think we will see the move now crowd bring pack prices back down a bit as they dump. Those will dry up and the floor will get into the 200 range. Most of these are being held, not sold.

[Asian62150]

Originally Posted by beavers

Probably in the short term. However, just looking the listings, there are just over 1,000 packs for sale. About half are in the “move now” range of about $100. The other half are in the long term hold price range. $200+.

I think we will see the move now crowd bring pack prices back down a bit as they dump. Those will dry up and the floor will get into the 200 range. Most of these are being held, not sold.

Agree. I sold enough to cover my initial cost. Holding on to the rest for awhile.