A shirt whose price increases by 1 euro with every purchase
driesdepoorter.be
A shirt whose price increases by 1 euro with every purchase
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Re: A shirt whose price increases by 1 euro with every purchase
#2Currently at #183. Regarding my asking price of €190 for my mint-condition shirt #4, some people say I need to have more faith and HODL. Others say I’m contributing to a worse society by trying to find the next greater fool.
Re: A shirt whose price increases by 1 euro with every purchase
#3Currently at #183. Regarding my asking price of €190 for my mint-condition shirt #4, some people say I need to have more faith and HODL. Others say I’m contributing to a worse society by trying to find the next greater fool.
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Re: A shirt whose price increases by 1 euro with every purchase
#4Here's how you calculate the total spent on the shirt so far: https://en.wikipedia.org/wiki/Arithmetic_progression#Sum
16,836€ (183 sold)
Re: A shirt whose price increases by 1 euro with every purchase
#5Currently at #183. Regarding my asking price of €190 for my mint-condition shirt #4, some people say I need to have more faith and HODL. Others say I’m contributing to a worse society by trying to find the next greater fool.
What stops a Chinese factory to print a 1000 shirts with 0004 embroidered and shipped all over the world? This is just a NFT esque grift.
Re: A shirt whose price increases by 1 euro with every purchase
#6If this is at 183 euros, it means that the artist made 16,653 euros so far. Very impressive.
Re: A shirt whose price increases by 1 euro with every purchase
#7Here's how you calculate the total spent on the shirt so far: https://en.wikipedia.org/wiki/Arithmetic_progression#Sum 16,836€ (183 sold)
Weren't 182 t-shirts sold? That would put the total amount made to 16,653.
But yes, that's the way to calculate it.
Re: A shirt whose price increases by 1 euro with every purchase
#8What's the incentive to buy? Get a shirt with a low number for the prestige?
Re: A shirt whose price increases by 1 euro with every purchase
#9Here's how you calculate the total spent on the shirt so far: https://en.wikipedia.org/wiki/Arithmetic_progression#Sum 16,836€ (183 sold)
Weren't 182 t-shirts sold? That would put the total amount made to 16,653. But yes, that's the way to calculate it.
I think you're right. A price of 183 means that the seller is offering it to potential buyers at 183, not that it has sold at 183. So your calculation is correct.
Re: A shirt whose price increases by 1 euro with every purchase
#10Currently at #183. Regarding my asking price of €190 for my mint-condition shirt #4, some people say I need to have more faith and HODL. Others say I’m contributing to a worse society by trying to find the next greater fool.
What stops a Chinese factory to print a 1000 shirts with 0004 embroidered and shipped all over the world? This is just a NFT esque grift.
It is actually a reasonable use case for a NFT