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19.4.14 0457
The W - Random - A Tool to Deceive and Slaughter
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Corajudo
Frankfurter








Since: 7.11.02
From: Dallas, TX

Since last post: 197 days
Last activity: 4 days
#1 Posted on | Instant Rating: 7.73
It's a work of art that keeps listing itself on ebay, with the previous purchase price being the new starting bid. The artist gets the full purchase price of the first sale (obviously) and then 15% of any future appreciation. There are also a bunch of rules the buyer has to follow. Bizarre.

Link: http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=190367275705

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Oliver
Scrapple








Since: 20.6.02
From: Derkaderkastan

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#2 Posted on | Instant Rating: 3.21
    Originally posted by Corajudo
    It's a work of art that keeps listing itself on ebay, with the previous purchase price being the new starting bid. The artist gets the full purchase price of the first sale (obviously) and then 15% of any future appreciation. There are also a bunch of rules the buyer has to follow. Bizarre.

    Link: http://cgi.ebay.com/​ws/​eBayISAPI.dll?​ViewItem&​item=190367275705


I don't get it. What is it? It looks like a black cube with some kind of cube sticking out from the bottom.

People confuse me sometimes.




Tensou Sentai Goseiger!
Lise
Mrs. Guru








Since: 11.12.01

Since last post: 232 days
Last activity: 122 days
#3 Posted on | Instant Rating: 8.86
It is an object for display that has computer guts inside it that when hooked up to the internet allow it to run a program via an internet connection that tries to list itself on ebay every 7 days, thereby insuring the impermanence of ownership, or at least the illusion of it.

If you spent more than half a second thinking about it (no matter what you thought about it), it did its job.
Peter The Hegemon
Lap cheong








Since: 11.2.03
From: Hackettstown, NJ

Since last post: 2 days
Last activity: 12 hours
#4 Posted on | Instant Rating: 7.03
It's ultimately a pyramid scheme, too, isn't it? You buy into the scheme, and then when another buyer comes along you get your money back plus a profit, and the founder of the scheme always takes a cut.

And presumably at some point someone gets stuck not getting his money back.
Lise
Mrs. Guru








Since: 11.12.01

Since last post: 232 days
Last activity: 122 days
#5 Posted on | Instant Rating: 8.86
    Originally posted by Peter The Hegemon
    It's ultimately a pyramid scheme, too, isn't it? You buy into the scheme, and then when another buyer comes along you get your money back plus a profit, and the founder of the scheme always takes a cut.

    And presumably at some point someone gets stuck not getting his money back.


I think the price point eventually goes too high to resell, and the stipulations are too stringent for someplace like a museum to house it indefinitely. Eventually the gallery housing it goes out of business, the piece fails to sell prior to closing, and ends up back in the hands of the artist (because of the crazy stipulations). Or, the technology powering it becomes useless to a point where it can not be upgraded and retain its authenticity. Art galleries are sort of a pyramid scheme model to start with...

It's a cute concept, but I doubt it has real staying power. It's no Duchamp Fountain.
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I agree.
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