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Value Of Jack Dorsey's First Tweet Plummets
99% As NFT Market Craters

Original Article

Posted By: Hazymac, 4/17/2022 9:04:20 PM

A man who paid $2.9 million last March for an NFT of Twitter co-founder Jack Dorsey's first tweet is set to lose almost everything on the digital investment. Crypto entrepreneur Sina Estavi made headlines last year after snapping up Dorsey's tweet, which reads: "just setting up my twttr." The Iranian-born Estavi expected to make more than 15x on the investment, listing it on popular NFT marketplace OpenSea last week for $48 million. He vowed to send 50% of the proceeds to charity. Unfortunately for Estavi, the top bid as of this writing is just $30,739 - a loss on paper of roughly 99% what he paid. [Tweet] NFTs exist on the blockchain

Comments:

I didn't know that there was a market for this sort of thing (NFTs). Sounds like Dutch tulips to me.

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Reply 1 - Posted by: BeatleJeff 4/17/2022 9:20:02 PM (No. 1131277)
NFTs always did look like sucker bait to me.
9 people like this.

Reply 2 - Posted by: DVC 4/17/2022 9:20:39 PM (No. 1131278)
NFTs.....selling air to suckers.
9 people like this.

Reply 3 - Posted by: Lawsy0 4/17/2022 9:25:27 PM (No. 1131287)
Another win for the Let's Go Brandon set? Hardly!
3 people like this.

Reply 4 - Posted by: MissNan 4/17/2022 9:34:12 PM (No. 1131299)
A fool and his money are soon parted.
5 people like this.

Reply 5 - Posted by: Sully 4/17/2022 10:14:05 PM (No. 1131324)
NFTs are today's Cabbage Patch Kids. The dolls at least you could play with.
3 people like this.

Reply 6 - Posted by: Omen55 4/17/2022 10:45:46 PM (No. 1131345)
What a maroon!
2 people like this.

Reply 7 - Posted by: mifla 4/18/2022 4:03:46 AM (No. 1131412)
Reminds me of all the vaporware the internet companies were selling back in the .com boom days.
3 people like this.

Reply 8 - Posted by: Petronius 4/18/2022 5:47:40 AM (No. 1131430)
I wouldn't pay five cents for it.
3 people like this.

Reply 9 - Posted by: Highlander 4/18/2022 7:18:12 AM (No. 1131460)
Like the guy who bought Brady’s retirement football
3 people like this.

Reply 10 - Posted by: Strike3 4/18/2022 11:13:29 AM (No. 1131703)
Who is smarter, Iranians or Nigerians?
1 person likes this.

Reply 11 - Posted by: judy 4/18/2022 1:29:39 PM (No. 1131815)
Who was top bidder of $30,739? MSNBC or CNN????
1 person likes this.

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Value Of Jack Dorsey's First Tweet Plummets
99% As NFT Market Craters
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Posted by Hazymac 4/17/2022 9:04:20 PM Post Reply
A man who paid $2.9 million last March for an NFT of Twitter co-founder Jack Dorsey's first tweet is set to lose almost everything on the digital investment. Crypto entrepreneur Sina Estavi made headlines last year after snapping up Dorsey's tweet, which reads: "just setting up my twttr." The Iranian-born Estavi expected to make more than 15x on the investment, listing it on popular NFT marketplace OpenSea last week for $48 million. He vowed to send 50% of the proceeds to charity. Unfortunately for Estavi, the top bid as of this writing is just $30,739 - a loss on paper of roughly 99% what he paid. [Tweet] NFTs exist on the blockchain
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