Quote:
Originally Posted by barrysloate
As Peter mentioned it is creating a price spiral. The hoarding causes greater demand and the price keeps going up. If dealers or collectors decide they no longer want to keep buying them, the price will go down. Cards that get very hot typically cool off. Can't say for sure, but right now it looks terribly overpriced.
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These things usually self correct. Ultimately the supply is too big to control although you can create some short to medium term dislocations.
__________________
Four phrases I have coined that sum up today's hobby:
No consequences.
Stuff trumps all.
The flip is the commoodity.
Animal Farm grading.
Last edited by Peter_Spaeth; 04-15-2018 at 08:03 PM.
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04-15-2018, 08:02 PM
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