Nike Foamposite One Galaxy Sells for Over 70′000 USD

Seriously, are people just insane nowadays? My initial reaction is that this is purely hype and a joke. Bidders are bumping up the price intentionally to help boost hype. The likelihood of these actually selling for this high of a price, compared to other shoes that are 100x more rare and sought after, just doesn't make any sense at all...

"Recently the crazy stories about new Nike and Jordan releases just do not stop. First the mess around the Jordan 11 Concord drop, with people getting hurt and this week a new frenzy around the Nike Foamposite One Galaxy. Lines in front of stores have started early in the week, with people camping out for days to get their hands on a pair.

Some might have thought that eBay was the best way to go… well, in that case you were wrong. Still 3 hours to go, a current auction of the sneaker in a size 10 has reached bids of up to 70′000 USD. Now you just have to choose if you want an apartment, a nice car or a pair of sneakers.

What are your thoughts on this? Tell us  in the comments." - High Snobiety

via High Snobiety