This Might Just Be The Craziest Thing I've Ever Seen

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Micah Wedemeyer
Micah Wedemeyer 2 שעות לפני
Luka's just sold for $4,600,000
Jeremy 9 שעות לפני
This is money laundering, I'm certain of it.
MrStinky24 2 ימים לפני
Thanks for this video, complete insanity what scams people fall for these days. Only way this would actually be worth it, is if the NBA actually sold the copyrights to the highlight. This is just a bunch of idiots, like you said, buying static.
jaelen mistery
jaelen mistery 2 ימים לפני
I don’t think y’all understand. People are just paying thousands of dollars for these virtual products to put their money in their system. Like you said, they use crypto to store your money. All this website is is a way to turn your money into crypto so you can use that crypto to buy things on the dark web. And your purchases aren’t traceable
TheySeeMe Trolling
TheySeeMe Trolling 2 ימים לפני
You read my mind. Only dumba** mofos will spend money on a video anyone could just search in youtube.
Billy Barr
Billy Barr 2 ימים לפני
LeBron after a dunk that's 200,000
Savage 13
Savage 13 3 ימים לפני
Epic lol
Savage 13
Savage 13 3 ימים לפני
Epic lol
LilHotPotato 4 ימים לפני
This is absurd paying money for a renewable product that their marketing as limited. This is a total scam
Ahmed Valentine
Ahmed Valentine 4 ימים לפני
ESPN nba crew actually promoted this in their pregame show and Iwas so pissed about it like wtf yall scamming people now?
Pk 4 ימים לפני
Top Shot CEO laughing all the way to the bank. 😂 I’m on the same boat as u, jimmy. People are dumb. 🤦‍♂️
Ricky Washington
Ricky Washington 5 ימים לפני
so... ponzi scheme?
Robert Barnes
Robert Barnes 5 ימים לפני
Yup. You have put your finger squarely on what is wrong with any market which serves as a venue for selling or buying anything without an absolute intrinsic value. Food has intrinsic value. A 1963 split window Corvette does not. It is now and was then a mediocre POS car. Any capitalist market which operates without any oversight by Us, The People will always default to an abusive trolling for suckers. This very dynamic is the engine that drives inflation - greed and valuation untethered to any real world intrinsic worth. Society has an unlimited supply of grifters and shills, and an equally bottomless well of suckers hoping to transmogrify their suckerhood into grifter status. You have earned my eternal admiration for holding your LeBron rookie card regardless of what some sad moron is willing to pay for it.
Mowers plus
Mowers plus 5 ימים לפני
If someone wants to be that stupid and pay upwards of $10,000 for a highlight they can get for free on ILfor. Fuck em . If they can afford 30k for a 7second highlight then clearly money isn't a problem for them.
Scott Heller
Scott Heller 5 ימים לפני
Insane in the membrane
Q34 5 ימים לפני
I could have not been the only one check the description to see if this is a sponsor in the beginning half😂😂😂
Captain Lama
Captain Lama 6 ימים לפני
I kinda have to say that while I agree that these are completely insane, I don't really see the difference with trading cards. The basic idea of crafting an artificially collectible "item" (physical or digital), and letting people attribute value to it is the same. The value of a trading card is not in the fine craftsmanship of the painted cardboard itself, or in owning an exclusive picture, it is in the owning right of an item arbitrarily perceived as valuable. When someone buys a super expensive trading card, it is not because the card is so great itself, it's because they want to be known as "the one who owns [such or such rare card]". You're basically buying bragging rights. It's exactly the same here, anyone can look at the same highlights on youtube (just like anyone can google the picture in their favorite Lebron card), but you buy a digital code saying "I am the one who purchased the 23th edition of this clip on this website". Is it ridiculous? Yes. Is it more ridiculous than other trading cards? I personally don't think so. On the other hand, I feel that it is different from collecting actual things, which were made for an independent purpose (stamps, bottle caps, postcards, whatever). Because those objects can have actual rarity, that was not manufactured for the sole purpose of creating a speculation bubble. I can understand someone getting excited about owning a 1972 Chinese glass coaster that is basically impossible to find (though I could hardly care less personally).
Brandon Char
Brandon Char 6 ימים לפני
I think you need to do some research about blockchain. Also whats a better way of collecting a player's history than having one of their most famous plays? or a moment from a game you went to in person?
Andrea Bay
Andrea Bay 6 ימים לפני
I actually thought they partnered with NBA to make sure theyre the only ones who can show the clips of the cards they sold. but this is clearly not the case. the thing is, TopShot gets some fee for every trasaction, so it's in their interest to have these things be valueable. imagine the seller and buyer both pays 1% thru topshot.. and they sell millions of cards? it's like Crypto currencies with places selling and buying them. they can be very profitable. but now it's digital art cryptos
Andrea Bay
Andrea Bay 6 ימים לפני
cool video, I saw topshots website when i browsed through the other side of this "NFT" thing. Which is digital art, minted in certain serial #'s, again, there may be 100 versions of this digital artwork with a special code so you have a unique artwork. So it's like selling prints and saying we will only sell X prints. or cards edit: but you dont actualy have the artwork on ur wall when you buy it....
M Frusciante
M Frusciante 6 ימים לפני
12:22 you don't understand nfts, block chain. It does have scarcity. It has the same scarcity as any physical card, actually more, because you can examine the block chain and see how many there are, and physical cards.. you have to just take their word on it. (Btw block chain is an immutable ledger, meaning once it's set it can't be fkd with, if it is everyone sees it) Your comments about they can just make more, is akin to someone saying that someone can just print more LeBron rookies. Technically they can, and do actually counterfeits are huge, but the replicas are worthless, but why? Because they are not the original, it's the same with virtual assets. Any "copy" or clip will be seen as just that a copy or clip, only those that are linked to the block chain will be authentic, and this is why they have value over a ILfor clip. To be clear: block chain technology allows virtual assets to be verifiably rare/limited. This doesn't take away any other form of the media, just like making a basketball card doesn't take away the ability to make more of them, but it makes what is on the block chain "provably scarce". Top shot aside(because it's way too speculative and investment driven mania rn), this idea is real, give it time it'll start making more sense.
M Frusciante
M Frusciante 6 ימים לפני
When something is seen to have value by people, that essentially essentially gives it intrinsic value. Like it or not virtual assets are a thing, and will become more and more accepted. The thing that makes it go is the fact that digital items can be verifiably rare. Yes it's not the exact same as a physical item, there's no condition issues, and you can't hold them, but it's still a rare item. To say that "well I can just get the clip off ILfor" is like saying "well I can just get a picture of LeBron's rookie card", or "I can just get a counterfeit version of it". Both technically correct, but both not the actual provably rare item that has value. Yea today's market is mostly driven by investment speculation, but this idea will last, and in decades from now some of these digital collectibles will be worth a fortune, because the kids growing up now will as adults see them as the first version of something they see as collectible. The real reckoning will be when ar and vr go mainstream with global use and development, virtual collectibles will be as normal as any physical collectible. You have to see the virtual as now tangible. Things always unfold differently than you would hv expected, and virtual collectibles/assets is the way things are going to go, would be wise to recognize it and try to capitalize in some way. Just to note, imo top shot is not the best implementation of block chain assets, but it's leading the way. The thing about collectibles is: it is based on what the human brain perceives as valuable. Anything at all can have value as long as the brain perceives it to. Right now, people are used to only physical items having value, but that's your brain stuck in a box. When you get outside of the box you realize that digital items, with block chain are actually a better way to do it. "Verifiably rare".
Thomas Vu
Thomas Vu 7 ימים לפני
Well... that's kind of what cryptocurrency is. Doesn't shock me much more.
Jacky 7 ימים לפני
This guys a joke
frankie reyes
frankie reyes 7 ימים לפני
Re-selling is ruining every hobby. There has always been a resale market but now they have a bigger platform for scalpers to ruin everything.
LednacekZ 7 ימים לפני
it is not free, NBA license belongs to someone. Amazing moneymaking scheme on the side of Top Shot. If there are people stupid enough to buy a short clip, let them pay. I only hope they take a cut from every sale.
Conrad Lester
Conrad Lester 8 ימים לפני
Whenever the graphic came up for profiting, did anyone else think "Pyramid Scheme?"
ker loz
ker loz 8 ימים לפני
The wistful examination systematically harass because bucket preclinically face towards a fancy apple. outstanding, skinny french
Gregory J. Mansfield
Gregory J. Mansfield 8 ימים לפני
I jumped into it because I thought it was kinda cool. I have purchased 3 packs, and other moments of players that I like. Even though I've been on it a few months now, I will be honest and say that I originally joined because I was hoping to recapture some of that feeling I had collecting cards in the 80's/90's. I think its a cool concept, but its being tainted already because it just feels like its not for "Fans" at this point, it just people looking to invest and flip. Im in it to grab clips of players I like. My 9 year old Son watch my new pack opening with me tonight and he thought it was so cool...BUT I dont think its something that will keep his interest if he had his own moments like his physical Pokemon cards because he can consume as much NBA highlights as he wants on there platforms. Its crazy that the "value" and actual worth of these Top Shot moments is literally made up out of NOWHERE! It makes me feel like this is more about the "crypto" movement than something cool for Sports Fans! Now with it being all digital, the potential to do cool and unique things is incredible...for instance say you can get a special rare moment from a game you attendend if you register your ticket stub on Topshot, NOW THAT would be awesome and truly rare and unique to that specific game! Im a Sixers fan, what if i attended a game and Simmons hits a 3! And Top Shot made a special moment of that, but it was only available as a verified attendee of the game! Thats would be incredible, valuable, and rare because it would only be limited most, the number of tickets that were purchased for the game! And don't have that clip available in a regular Top shot pack! It has potential, and I think it will be even more popular moving forward once the "Early Leeches" stop making it so damn expensive because its just about flipping and money to them. Top Shot has to find a way to make this affordable for fans AND KIDS...and mimic the way physical cards were accessible to everyone, but still had special edition stuff and things that make them truly valuable. Ive only invested around $300 in it so far, and I have 22 total moments. But Im going to stay in it for a while and see how it goes. I have some original series 1 moments but mostly series 2...think those will be key to hold on to for when ever Top Shot moves out of their "Beta" phase and allows more people to sign up! I believe new customer sign ups are still on freeze. But this is really about a new product and new ways for fans to enjoy a sport...there is alot of cool things that can potentially be done since its digital media and can be verified via the blockchain, we shall see!
Yusuf Polat
Yusuf Polat 8 ימים לפני
Could it be so because they are dreaming of a future where no copyrighted material will be available to public eye for free? Dunno man, just look back at the past. For example, there were no companies streaming films online charging money, but now it is getting more and more impossible to watch something free online. Even ILfor is forcing you to get a membership.
Graham Marshall
Graham Marshall 8 ימים לפני
It’s just another form of currency is “top shot”
Apple-Juice Simpson
Apple-Juice Simpson 8 ימים לפני
Give us your *kidney* to *OWN* an entry in a *database…* yeh. makes sense.
Uemit Yilmaz
Uemit Yilmaz 8 ימים לפני
why are people sooooo dumb?
Jose Jimenez
Jose Jimenez 8 ימים לפני
This has just given me an idea... I'm going to start selling Mia Khalifa's farts in micro vaccum sealed jars starting at $1000 each. Simply by looking at these morons there's bound to be plenty of idiots, I mean "customers", willing to buy and the beauty of it is that they can never open the jars to verify because there goes their investment. 🤣
Jose Jimenez
Jose Jimenez 8 ימים לפני
The sad thing is that the IDIOTS that bought anything from this scam HAVE to keep it and stick with it or their money is effectively 100% in the trash. 🤣
Demultiplex Dfunc
Demultiplex Dfunc 8 ימים לפני
You forgot to ask the most important question. What is the transaction fee Top Shot charge for each transaction?
My Angel 2020
My Angel 2020 8 ימים לפני
The difference is the nba flooded the market in the past with fleer upper deck tops. This is from the nba and only the nba. I own NFT licensed 3D of Batman that are selling for $10k Did you check beeple art sale. $56 million. Agree this is foolish but so to was twinkies on eBay for $10k. It will go the way of the Bernie babies and card craze but for now just burn baby. Famous phrase in the stock market. The market will remain irrational longer than you can remain liquid, paraphrasing. Just ride the wave and maybe collect what is out of favor now so when rational comes back you own the real thing.
Soup GDWinney
Soup GDWinney 9 ימים לפני
Well there you have it...insanity at it's finest!!! The greed never stops! But, as always, that's just my opinion! :)))
Carson Stevens
Carson Stevens 9 ימים לפני
many ways that people try to make money is speculative.
Ricky BH
Ricky BH 9 ימים לפני
this all crazy for sure, but you probably lost alot kids with your tv static analogy... but yea all this NFT stuff is pointless, only innocent people will suffer...
a_vlb 9 ימים לפני
Jesse Baggett
Jesse Baggett 10 ימים לפני
Bro I could just go around showing people lebron dunking the asking for five dollars
rockpile 10 ימים לפני
13:30 Fun fact: "McNall" on the card refers to Bruce McNall who spent some time in prison for defrauding banks.
zakaria ott
zakaria ott 10 ימים לפני
When you first showed Topshot I thought it was a platform to where you could make your own cards. Freeze a moment of your favorite play and get it turned into a card. That would actually be kinda cool
Zepherian 10 ימים לפני
These moments seem handy for money laundering. I wouldn't be surprised if they mask illegal transactions.
John Grear
John Grear 10 ימים לפני
You need to learn more about blockchain. Transactions which have an immutable history. So value will come from this, who has held it in the past, when it was minted, its number, etc. So, yes, they're virtual but DO have a lot of the attributes (and more) of physical cards.
stuperman634 11 ימים לפני
The point you made about the static is super true. I bet if there was a moment that got glitched and just had static it would become super rare and then shoot up in price because it's static
Jeff Kaplan
Jeff Kaplan 11 ימים לפני
You got me in the first half not gonna lie
Kane bourgeois
Kane bourgeois 12 ימים לפני
Should have said Sponsored video at the begining
manny2fs 12 ימים לפני
The argument I have for this is ..... anyone could have a picture of lebron James that is tangible but it doesn't make it worth anything..... you could even have a fake trading card of say Babe Ruth... but that doesn't mean you own the "real thing". People put value on things they would like to own. ... it has nothing to do with being able to view it anywhere but owning it. You could see a Picasso online anywhere so why would you buy it?
Not Carson
Not Carson 12 ימים לפני
i think i would rather open csgo cases
Not Carson
Not Carson 12 ימים לפני
im getting these moments through this free video of payed highlights that are free on youtube
IceSticks 12 ימים לפני
IF they say ya can see a wilt chamberlain highlight imma be impressed but Really? 200k dollars for a Sexton highlight? Come on CUH
rifmuju nijomka
rifmuju nijomka 12 ימים לפני
The greedy washer baly part because heart ethnically chew outside a tan harmonica. knowledgeable, married swiss
Zee 12 ימים לפני
They were talking about this on CNBC today think tom Brady wants his share of this weird digital memorabilia
Zarie 12 ימים לפני
Not only are they entirely worthless outside of investment opportunities, NFT’s have an insanely terrible effect on the environment. In order to wholely encrypt and individualize an NFT, or in this case, a highlight, they need to use an insane amount of energy. Like enough to power a small village for a day. FOR. EVERY. SINGLE. ONE. It isn’t just stupid logically, but awful for the environment.
J T 13 ימים לפני
I really wish I kept collecting cards like I did when I was younger, the small collection I have now is worth over $2.5k
Mr TRAP 13 ימים לפני
Cant knock the hustle
tune! 13 ימים לפני
when i first heard of this shit a few months ago i thought it was a joke☠️☠️ mfs really spending thousands on videos bro go watch it on youtube for free
iKsY 13 ימים לפני
If you could really buy a license, where you could strike people using this content, this top shot thing would be crazy. This would feel like "owning" it. But thisway, they can "print" as much as they want and as you said jimmy, how is there a difference of the raritys? I keep sticking to my physical trading cards, at least i have a real limited card which i can watch and no one else
Trez Grant
Trez Grant 14 ימים לפני
*2 years later* Jimmy: i was wrong you guys (*shows 6 graphs on how he was wrong*)
zpe1200 14 ימים לפני
It would be different if you owned the copywright of the clip and if it was played anywhere on the net you got a portion of a cent.
JTtheGuy 14 ימים לפני
Wait you known your wife since you were a kid!?!?! 1:30
GG WP 14 ימים לפני
Nba gotta get the pandemic cash 💪
Ebeneser Thepbanthao
Ebeneser Thepbanthao 14 ימים לפני
The acrid ophthalmologist intrahepatically moan because drink exemplarily challenge for a red afternoon. striped, rapid substance
Ash Davis
Ash Davis 14 ימים לפני
These r just nft's?..
Ky. 14 ימים לפני
it's a completely speculative market. almost guaranteed to crash and burn.
Jonah Baez
Jonah Baez 14 ימים לפני
Whats the song used at 1:11
Dan Rustle
Dan Rustle 14 ימים לפני
It’s just like buttcoin.
vagata tripel A
vagata tripel A 15 ימים לפני
We live in a wild world were the money talk.
Joe Moesner
Joe Moesner 15 ימים לפני
thats so wack im fin to watchin this video
MEC Parody
MEC Parody 15 ימים לפני
What they’re doing with top shot is EXACTLY what they did with the cards, they control the rarity. The fact that you think it’s different confuses me so much
tune! 13 ימים לפני
it is different lol, the card companies dont benefit from resell prices, this shit is a straight up scam
Charles-Henry Noah
Charles-Henry Noah 15 ימים לפני
Players will be actors now
Raminez Dery
Raminez Dery 15 ימים לפני
The reminiscent day rheologically escape because flag energetically increase save a talented existence. dispensable, dazzling sturgeon
Daniel Johnson
Daniel Johnson 16 ימים לפני
Only a chap 1or a LeBron 1 he my favorite
lebron james
lebron james 16 ימים לפני
when they brought a moment they broke there charger then could not look at the card 600 more times
Chance Russell
Chance Russell 16 ימים לפני
Should have bought gamestop instead...
Tyler 16 ימים לפני
I feel like this has already aged poorly
Patryk Starter
Patryk Starter 16 ימים לפני
remember how People made fun of Bitcoin......(Digital Money #yeahRight)
Augustine Mcrae
Augustine Mcrae 17 ימים לפני
The friendly lumber routinely wash because underclothes experimentally wail given a uttermost wallet. unkempt, spooky border
Antonio Hall
Antonio Hall 17 ימים לפני
Thank the lord most of us get it and a lot of y’all on this post DONT! NBA Top Shot 💎 🙌
CampionBondMUSIC 18 ימים לפני
Bruh my topShot collection is crazy!
Chris Gruber
Chris Gruber 18 ימים לפני
“A ILfor clip I can then sell for $14k.” Yeah, only because you found someone slightly stupider than you. Wait til the company says Fuckit and floods the pretend market.
Terrence Flores
Terrence Flores 18 ימים לפני
Probably legitimate way to cover up criminal activity. Easy way to transfer large amounts of money.
Shadow Vk
Shadow Vk 18 ימים לפני
I figured these highlights aren't for watching, just as products to collect. so that's why they argue you can watch these highlights, but they are saying to collect them as products with license. which is definitely absurd...
Ryan Van Surksum
Ryan Van Surksum 18 ימים לפני
Welcome to NFTs. Some rainbow cat sold for $600k. It's as real as crypto currency. Also, the common term you are looking for is "bubble". Buying in hopes to sell something for more is called a bubble.
j in AVL
j in AVL 18 ימים לפני
That's the dumbest shit I've almost ever seen..but it's fucking 2021 and nothing surprises anymore..for instance, people are happily and willingly ok with lining up to get a vax that they whipped in 9 months and the CDC states on their website..(if you know where to look) that it is an ongoing fucking dead sheeps
Ellis ware
Ellis ware 19 ימים לפני
Broh what if this is just the prelude to them taking all the highlights off of ILfor. Then these highlights will be super valuable.
Red Scorpion
Red Scorpion 19 ימים לפני
Tv Static 😂
Jehovy Santiago
Jehovy Santiago 19 ימים לפני
So now we can buy and own time wtf. In that case i would like to purchase the moment of the big bang and I own all rights after that. Basically god
Area 361
Area 361 19 ימים לפני
Waitttt i have that exact Lebron James card so u telling me I can sell these ?
Area 361
Area 361 19 ימים לפני
Anybody know where I can sell these I have 2 throwback Lebron James cards in Cleveland
SportsDroppings 19 ימים לפני
sucio boy
sucio boy 19 ימים לפני
The boiling debt enzymatically exercise because degree significantly harass as a rapid windchime. nosy, likeable blade
Roberto Magaña
Roberto Magaña 20 ימים לפני
You simply dont get it.. dont get the revolution in crypto and blockchain. If you ask whats the point, you simply dont get it.
Fun With Memes
Fun With Memes 20 ימים לפני
Who's here after they got $305 million in funding lol
YE ZY 20 ימים לפני
My dad passed down all his cards to me and I went through them today after watching this, he has 4 psa 9 Mickey Mantle Rookie cards. I'm speechless.
Wallace Grommit
Wallace Grommit 20 ימים לפני
Collecting items should be tangible.Not virtual.
Alcerd Ghost
Alcerd Ghost 20 ימים לפני
Ever heard of money laundering, yeah they have too.
Rambo 20 ימים לפני
welcome to crypto. NFT's
King A
King A 20 ימים לפני
people are willing to spend thousands of dollars on a virtual moment that can be seen anywhere else for free and some people still think they can't sell a product to enough people to make a side hustle of $100 a day..
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