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Topic: Rich People - How do you appreciate? (Read 108 times)

donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
November 30, 2018, 07:07:01 PM
#5
I can agree that when it comes to sky high values, it is rarely about the art. For example, there are a few oil paintings I’ve tried to buy for thousands of dollars because of who painted it, but would likely not pay $5 for the pieces at a garage sale if they were by an unknown artist. That may be stupid to many, but it’s sadly true.
member
Activity: 421
Merit: 97
November 30, 2018, 06:36:48 PM
#4
Your basic assumption that someone would decide to pay "millions" for a piece of art based on the piece of art itself, is flawed.
The main reason why someone would pay e.g. a million for a Banksy is quite simply that there are others who would also pay a million.

Well, of course. I just gave an example of 'art'. So these millions paid are not for the appreciation of small things and instead,
a perceived value of 'small things' being 'big' because of competition / more people thinking the same?


I can also see the other point of view mentioned by the lad above me, regarding the value of the painting increasing over time
jr. member
Activity: 36
Merit: 1
November 30, 2018, 04:02:07 PM
#3
The biggest motivation when buying art is what is the resale value going to do over time. The second motivation is if it is something that the buyer likes and would like to display in a home or office.
qwk
donator
Activity: 3542
Merit: 3413
Shitcoin Minimalist
November 30, 2018, 10:35:09 AM
#2
Let me give you an example. Let's say I am an artist and I made this 'piece of art':
[...]
How do you appreciate it to the point where you decide to pay 'millions' (let's say 420 bitcoins since we are on this forum)?
Is it enough for the artist to tell you that he worked many hours on it so you appreciate it?
Your basic assumption that someone would decide to pay "millions" for a piece of art based on the piece of art itself, is flawed.
The main reason why someone would pay e.g. a million for a Banksy is quite simply that there are others who would also pay a million.
member
Activity: 421
Merit: 97
November 30, 2018, 10:25:52 AM
#1
I do a research and I want to learn more things from wise rich people. How do you appreciate small things?

Let me give you an example. Let's say I am an artist and I made this
'piece of art':

or link https://imgur.com/a/Fkz3Aqc

How do you appreciate it to the point where you decide to pay 'millions' (let's say 420 bitcoins since we are on this forum)?
Is it enough for the artist to tell you that he worked many hours on it so you appreciate it?

Or would you prefer a description?

Description:
Title: Origins of Life
Art description: Just like the Golden Ratio which
is in everyone of us and in everything around us, this art illustrates the origins of life and it is within everything that exists.
You can think about the origins of Earth where the Blue indicates the water and the red the first atmosphere, the one without oxygen.
Origins of Life can be read from bottom to the top where the first colour indicates your birth, the light blue indicates your peak and the red
your decline until you return to the first colour, but darker because of the 'unknown' or 'death'.
Origins of Life indicates the progress of every project that has ever existed. You can read it from top to the bottom, where the first dark
colour is the phase of the project where everything is cold, nothing is decided. If you are a religious person, you can think that this
part indicates 'God' who gives you a brilliant idea because it is the 'unknown'. The transition to red is where the project starts materializing and everything is
intense, everything must be build from scratch. The light blue indicates the point where all the hard work is paid off with millions
of customers being satisfied. The dark blue at the bottom is the end of the life cycle where the project has solved the
problems, is not necessarily useful but will never be forgotten.

I really want to learn from rich people how to appreciate small things for my personal development. Personally I don't know if I would ever spend so much on art, even if
I LOVE IT.
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