Quote:
Originally Posted by Fred
What this observation seems to indicate is that a lot of serious collectors that are trying to trade current value in their cards so that they can get something they want without having to pay the exorbitant prices being asked in today's "market". When the cash totally dries up at shows, it'll probably reinforce that this bull market has reached the end. What happens after that is beyond me. Will card prices stagnate and sit at this level for a while before some other monetary real world market fluctuation (not related to cards) drives the prices back up or down.
I think the OP is probably like most of the "real" collecting community. I'm at the point where I am really considering dumping a lot of my stuff because it's about the right time. Time will tell.
|
Brilliantly Said Fred I agree. I said this before on here, I think people blew it off but I think a lot of money that has come into this market over the past 14 months has been from crypto. Many big cards are playing Musical Chairs from Heritage, to Mile High to Memory Lane Ect. Pump Repeat Recycle... Will it fall? I don't think enough for it to affect these crazy levels I could be wrong. Def a lot of Speculating in Cards over the past year.