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<p>[QUOTE="Curtisimo, post: 4287670, member: 83845"]Many of these points make sense to me. Boredom mixed with a desire to continue doing something enjoyable (collecting).</p><p><br /></p><p>An inflow of investment money into the hobby in this climate just doesn’t make sense to me as one of the causes. It seems like there are so many safer places to store ones wealth even now.</p><p><br /></p><p>Some of the prices at auction recently seem incredibly unsustainable. I am still betting that in the long term the pandemic will drive coin prices down. There will be an inflection point where one of the big auctions sees a sharp drop and that will have a ripple effect... just my guess. Was there a big drop after the 2008 financial crisis? I wasn’t an active auction purchaser then.[/QUOTE]</p><p><br /></p>
[QUOTE="Curtisimo, post: 4287670, member: 83845"]Many of these points make sense to me. Boredom mixed with a desire to continue doing something enjoyable (collecting). An inflow of investment money into the hobby in this climate just doesn’t make sense to me as one of the causes. It seems like there are so many safer places to store ones wealth even now. Some of the prices at auction recently seem incredibly unsustainable. I am still betting that in the long term the pandemic will drive coin prices down. There will be an inflection point where one of the big auctions sees a sharp drop and that will have a ripple effect... just my guess. Was there a big drop after the 2008 financial crisis? I wasn’t an active auction purchaser then.[/QUOTE]
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