Current Events > Somebody just paid $1.3 million for a picture of a rock

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Lebronwon
08/24/21 1:27:59 PM
#1:


https://www.cnbc.com/2021/08/23/people-are-paying-millions-of-dollars-for-digital-pictures-of-rocks.html

Clip art of a rock just sold for 400 ether, or about $1.3 million, late Monday afternoon. The transaction marks the latest sale of EtherRock, a brand of crypto collectible thats been around since 2017 making it one of the oldest non-fungible tokens (NFTs) on the block. EtherRock is, as the name implies, a JPEG of a cartoon rock, built and sold on the ethereum blockchain. There are only 100 out there, and that scarcity is part of whats driving up its value. So, what are these rock pics good for? According to the EtherRock website, These virtual rocks serve NO PURPOSE beyond being able to be brought and sold, and giving you a strong sense of pride in being an owner of 1 of the only 100 rocks in the game :) Following this latest sale, the new price floor for an EtherRock NFT has been raised to $1.02 million. Two days ago, the cheapest rock went for $305,294. Two weeks ago, it was $97,716.

https://twitter.com/justinsuntron/status/1429346110405890048



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Not 1, not 2, not 3, not 4, not 5, not 6, not 7
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UnholyMudcrab
08/24/21 1:28:56 PM
#2:


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CommonStar
08/24/21 1:30:01 PM
#3:


Didn't this dude make his money by scamming dumbasses into buying his crypto which then fell to nothing?
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EmbraceOfDeath
08/24/21 1:30:04 PM
#4:


Goddamnit Marie, it's a mineral!

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PSN/GT: BigDaffej
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VipaGTS
08/24/21 1:30:39 PM
#5:


Oh but if we tax rich people more they'll never be able to recover! How will this man have lived without his picture of a rock!?!?

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"I devour urine just like my Portland Trailblazers, with piss poor defense."
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s0nicfan
08/24/21 1:30:43 PM
#6:


It's all a scam to inflate the value of this crap so auction houses can rake in massive sums of money and collectors can launder some money while they fool normal people out of their income.

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"History Is Much Like An Endless Waltz. The Three Beats Of War, Peace And Revolution Continue On Forever." - Gundam Wing: Endless Waltz
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TheLiarParadox
08/24/21 1:30:48 PM
#7:


Someone just laundered* 1.3 million

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Spongebob is not a contraceptive.
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Heartomaton
08/24/21 1:31:13 PM
#8:


I hear our ancestors used to ride those babies for miles.

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https://www.youtube.com/user/Heartomaton
Heartomaton for President 2028.
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The Trent
08/24/21 1:31:20 PM
#9:


is this that racist ass rock from wisconsin or whatever

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i swear to God most of y'all cats just don't know The Trent
you barely know yourself so i guess most of y'all should be offended
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Were_Wyrm
08/24/21 1:33:20 PM
#10:


Eh, my sig is worth $130M

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I was a God, Valeria. I found it...beneath me. - Dr. Doom
https://imgur.com/0EJvC4l
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eston
08/24/21 1:34:22 PM
#11:


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dj1200
08/24/21 1:35:12 PM
#12:


eston posted...
Earth was a mistake

God says that to himself everyday.

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"It was so ridiculous and I have so many feelings about it."
-Virtual Energies
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Simon_Gruber
08/24/21 1:37:01 PM
#13:


Just A Rock? Not even THE Rock? What a waste of Money.

Now this, this I could understand for $1.3 million.


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theAteam
08/24/21 1:37:49 PM
#14:


TheLiarParadox posted...
Someone just laundered 1.3 million


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Buffalo Bills Season Prediction: 13-4
Week 1 (9/12): vs. PIT
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