Quote:
Originally Posted by Snowman
Even if they were able to succeed in doing this for x number of cards (and I fully acknowledge that this does in fact occur), it's still artificial demand and economic theory tells us that the market will adjust. The market as a whole, or even sub segments of it, is just far too big for it to be manipulated by a handful or even hundreds of transactions. Do people get scammed? Yes, for sure. Daily. But the broader market stabilizes to meet supply and demand.
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The market for even the highest traded cards is miniscule. The PSA 10 Jordan trades what 50 times a year and there are multiple guys with 10+ of them.
Wake me up when a popular card trades more then a thousand times per day. Of course hundreds of transactions can manipulate a card price when that card only trades a thousand times per year.