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#1
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Modern and Ultra Modern are in trouble, big trouble. Quality blue chip kind of like that post the other day vintage zero signs of trouble only clear skies ahead... up up and away territory.
Last edited by Johnny630; 11-02-2022 at 02:00 PM. |
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#2
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I Perused the video it is strictly concerning the modern card market which I agree is in trouble. Anyone who got into the stock market, the crypto market, the NFT market, the sports collectibles hobby, when everything was only going up up up and was only concerned about the money likely did not do well.
If anything this post belongs in a different area of the site…imho. |
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#3
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The modern market has idiots paying 6 figures for a player in their rookie year. Modern has crashed and vintage and pre war continue to go up. No complaints here. I left modern in the 90's for vintage and it was the best hobby decision. I'm sure as time goes by many of these modern collectors will wake up and move away from modern to vintage and pre war.
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#4
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What crisis? Pushers, flippers, manipulators, influencers, certain AHs were able to artificially inflate the market for a while on modern. Of course it had to come back to earth.
__________________
Four phrases I have coined that sum up today's hobby: No consequences. Stuff trumps all. The flip is the commoodity. Animal Farm grading. |
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#5
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Maybe the crisis is for all the vault lenders now that their ultra modern collateral is worth a lot less than the loan balance.
__________________
Trying to wrap up my master mays set, with just a few left: 1968 American Oil left side 1971 Bazooka numbered complete panel |
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#6
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Oh no. The speculators who are still buying in and thinking we're still in the pump stage might not make a huge profit now? I guess it depends if one cares about a 'hobby', Fanatics profit margin, or making bucks flipping. As a hobbyist, I don't see an issue.
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#7
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Quote:
Sent from my SM-S906U using Tapatalk |
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