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  #1  
Old 07-18-2021, 12:35 PM
chriskim chriskim is offline
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Not a "regulated" transaction....

A sold the card to B and A=B!

or

A "sold" the card to B and money never exchanged but just hyped news!
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  #2  
Old 07-18-2021, 12:41 PM
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In my experience cards don't triple in price in three weeks, especially when the player is long since retired and the card is not scarce. ESPECIALLY in a flat to declining market.
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Last edited by Peter_Spaeth; 07-18-2021 at 12:42 PM.
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  #3  
Old 07-18-2021, 12:52 PM
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Was bought by Nick Fiorella or 72wootwoot72 on Instagram. His rationale is comical.

Lots of others playing up the sale on social media too, feels like a pump and dump.
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  #4  
Old 07-18-2021, 01:12 PM
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Quote:
Originally Posted by Bicem View Post
Was bought by Nick Fiorella or 72wootwoot72 on Instagram. His rationale is comical.

Lots of others playing up the sale on social media too, feels like a pump and dump.
With Ken the leader in Jordan 10s selling one for 223 three weeks ago, anyone wanting one obviously could have found one for not much more than that, if not less. Paying 3.5x that makes zero sense. Zero.
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  #5  
Old 07-18-2021, 01:20 PM
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Quote:
Originally Posted by Peter_Spaeth View Post
With Ken the leader in Jordan 10s selling one for 223 three weeks ago, anyone wanting one obviously could have found one for not much more than that, if not less. Paying 3.5x that makes zero sense. Zero.
In my experiences things don't always make sense.
And from Jeff's comment a pump and dump doesn't sound that far fetched.
.
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Last edited by Leon; 07-18-2021 at 01:21 PM.
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  #6  
Old 07-18-2021, 01:35 PM
Johnny630 Johnny630 is offline
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I blame the dummies who buy into this from PWCC they’re all adults who think they know it all anyways so hell let them deal with it.
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  #7  
Old 07-18-2021, 02:40 PM
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Quote:
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I blame the dummies who buy into this from PWCC they’re all adults who think they know it all anyways so hell let them deal with it.
It's the majority of new money into the hobby...for now...we'll see if the $$$ stays? Read the article in the news about PWCC...and PSA...and this blogger and that hype machine...and that's good enough for this crowd to "invest!"

I mean how many of us are as knowledgable about the stocks we own as we are about our old cardboard????
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  #8  
Old 07-18-2021, 04:07 PM
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Quote:
Originally Posted by Bicem View Post
Was bought by Nick Fiorella or 72wootwoot72 on Instagram. His rationale is comical.

Lots of others playing up the sale on social media too, feels like a pump and dump.
Dude also broke a record a while back for highest card ever sold when he bought a Luca Doncic. My suggestion is not to invest money with this guy. As someone once said (maybe Mark Twain or Yogi Berra), the easiest way to have a small fortune is to waste away a large fortune..... See link immediately below

https://www.sportingnews.com/us/nba/...t1wu7e5qfjvcsw

Last edited by Rhotchkiss; 07-18-2021 at 04:09 PM.
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  #9  
Old 07-18-2021, 04:12 PM
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As a previous restaurant owner it sounds like another piece of aged wisdom...

The easiest way to make a million dollars in the restaurant business is to start out with two million.


Quote:
Originally Posted by Rhotchkiss View Post
Dude also broke a record a while back for highest card ever sold when he bought a Luca Doncic. My suggestion is not to invest money with this guy. As someone once said (maybe Mark Twain or Yogi Berra), the easiest way to have a small fortune is to waste away a large fortune..... See link immediately below

https://www.sportingnews.com/us/nba/...t1wu7e5qfjvcsw
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  #10  
Old 07-18-2021, 04:18 PM
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Is Mudville so bad?
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Quote:
Originally Posted by Leon View Post
As a previous restaurant owner it sounds like another piece of aged wisdom...

The easiest way to make a million dollars in the restaurant business is to start out with two million.
A reporter asked a Rancher who had just won the lottery, “what are you going to do with all that money?”

The Rancher thought for a moment and said, “Well, I guess I’ll just keep ranchin’ till it’s all gone...
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  #11  
Old 07-18-2021, 04:18 PM
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Quote:
Originally Posted by Leon View Post
As a previous restaurant owner it sounds like another piece of aged wisdom...

The easiest way to make a million dollars in the restaurant business is to start out with two million.
That line has also been used with owning a racecar for as long as I can remember.
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  #12  
Old 07-18-2021, 04:26 PM
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Quote:
Originally Posted by Rhotchkiss View Post
Dude also broke a record a while back for highest card ever sold when he bought a Luca Doncic. My suggestion is not to invest money with this guy. As someone once said (maybe Mark Twain or Yogi Berra), the easiest way to have a small fortune is to waste away a large fortune..... See link immediately below

https://www.sportingnews.com/us/nba/...t1wu7e5qfjvcsw
Yeah there was something incestuous and off about that one. Luka Doncic indeed, no disrespect intended to Luka who is quite a good young player but a LONG way from anyone knowing his place in history.
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Last edited by Peter_Spaeth; 07-18-2021 at 04:28 PM.
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  #13  
Old 07-18-2021, 04:31 PM
parkplace33 parkplace33 is offline
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Are rich people now wanting high end sports cards as a status symbol? Similar to Rolex’s and sports cars.

If so, good for them but bad for the average collector.
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  #14  
Old 07-18-2021, 04:54 PM
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Quote:
Originally Posted by parkplace33 View Post
Are rich people now wanting high end sports cards as a status symbol? Similar to Rolex’s and sports cars.

If so, good for them but bad for the average collector.
Fits well with Wall St. guys buying PSA.
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  #15  
Old 07-18-2021, 05:05 PM
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Quote:
Originally Posted by parkplace33 View Post
Are rich people now wanting high end sports cards as a status symbol? Similar to Rolex’s and sports cars.

If so, good for them but bad for the average collector.
wonder what this means for armpit cards like I collect????
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  #16  
Old 07-18-2021, 08:36 PM
Gorditadogg Gorditadogg is offline
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Quote:
Originally Posted by parkplace33 View Post
Are rich people now wanting high end sports cards as a status symbol? Similar to Rolex’s and sports cars.



If so, good for them but bad for the average collector.
Great for the average collector if we can sell our cards for 30x.



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