Quote:
Originally Posted by barrysloate
Nobody has mentioned this yet (unless I missed it) but let me pose another take on the hobby economy: I think the market we had in roughly 2005-07 was a bubble, and that bubble has now burst. Not everybody may agree with this assessment but it had several markings of a bubble: prices that were increasing at an incredible rate and the notion that they had nowhere to go but up were two factors that support this theory.
Did anyone else get that feeling, or is it just me?
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I agree to some extent. Certain issues (E cards come to mine) got hotter'n'hell for a while and everyone starting grabbing every example, even if they didn't like the cards much, just to be in position to flip them. That was definitely a bubble.