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JWeinCom said:
OneTime said:

It's an interesting comparison... if you look at something like a first edition copy of a Charles Dickens book, it'll only set you back $40k.  Less well known authors are much cheaper.  In the longer term, there isn't going to be a large price tag on this NFT stuff...

I think there's a bit of a weird situation. There's really no reason a first edition dickens should be worth any more than any other copy. The story is the same. We've just been conditioned over the years to value those kinds of things, because way back when, there might actually be a limited supply. And, we somehow feel that physical objects owned or signed by a person are somehow like imbued with their essence or something. 

I think in theory, it's hard to justify a first edition Dickens being worth much more than a nyan cat gif. Like, maybe worth 20 bucks more or so. The value people place on it is based on how people feel about owning it, rather than any actual value. Like many things, the value is all about perception. If you could convince people that the original Nyan cat file is worth a million dollars or whatever, that's what it's worth. But people just don't view digital media the same way.

Look at the used game market. The difference between a loose FFIII cartridge and a complete in box copy is several hundred dollars. For cardboard and what is admittedly a nice paper manual. If the shrink wrap is still on it, the price goes up still more. For plastic that was meant to be thrown away.