ebay finds that PWCC engaged in shill bidding?

[Peter_Spaeth]

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.

If you look at 2016, it seemed there was a price umbrella effect from the cards that were clearly manipulated resulting in increases across a wider spectrum of cards. Whether ultimately the market adjusts really doesn't lessen the pernicious effect of manipulation, especially in a market where information is so critical and where FOMO, maybe more than in other markets, is huge.