Thread: CNN card story
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Old 02-14-2021, 04:30 PM
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James M.
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Quote:
Originally Posted by swarmee View Post
Another less-frequently mentioned issue is the possibility of the next MLB lockout. That's one thing that really killed the 1990s card boon; the strike-shortened 1994 baseball season.
Everyone's saying the demand is here to stay, but a strike showed everyone back then just how fleeting that could be.

And if bitcoin and the other digital currencies crash, it could pull a lot of easy money out of cards. A rising tide lifts all boats, but a low tide hasn't happened in a long time. We've basically been in a bull market for stocks since 2008.
I can't definitively say if Bitcoin will crash or not because I'm not knowledgeable enough about the subject. Still blows my mind that a currency backed by nothing is worth so much

Would be interesting to see if we get a repeat of history, if in fact we have another lockout again.
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