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<p>[QUOTE=&quot;Vess1, post: 727991, member: 13650&quot;]Good story but what does this prove?&nbsp;&nbsp; This is just yet another example of a completely uneducated investor looking to dump money into an over-hyped market who was taken advantage of.&nbsp; He trusted the salesman knew what they were talking about.&nbsp; &nbsp; No different than the mortgage bubble. </p><p><br /></p><p>&nbsp;&nbsp; I know a friend of a friend who had a paid off home and 400k cash in the bank a few years ago and decided to dive into the booming housing market.&nbsp; Got greedy.&nbsp; Decided to invest the money into a second house and rent it out.&nbsp; &nbsp; Now he can&#039;t sell either house, the money&#039;s gone and his assets are down several hundred thousand.&nbsp;&nbsp; The housing market in that state has collapsed.</p><p>&nbsp; That&#039;s what happens when people overly trust other people and want to get creative, without being aware of the full facts before diving in.&nbsp; What we&#039;ve experienced has probably changed a generation.</p><p><br /></p><p>&nbsp; But is today&#039;s coin market-overly hyped when you can buy those same Morgans for $150 or less?&nbsp; Or the quarters for $50 a piece?&nbsp; I mean, what&#039;s reasonable?&nbsp; &nbsp; How low should these fall before it would be safe to buy them without losing your shirt?&nbsp; And would it be enough loss for anyone to care at this poin?&nbsp;&nbsp; We&#039;re a long way from 1989 using dollars that aren&#039;t worth as much as they were then.&nbsp;&nbsp; I suspect if we saw the same vertical spike today as there was then, most people would be suspicious and back off.&nbsp; </p><p><br /></p><p>&nbsp;The thing is, despite this supposedly falling market, you can contact any seller on ebay, tell them about this falling market and say &quot;you want to play it safe.&nbsp; You&#039;ll buy their coin now for 10-20% off their price because the market is falling.&quot;&nbsp;&nbsp; </p><p><br /></p><p>&nbsp; Then they&#039;ll tell you to get screwed.&nbsp;&nbsp; It&#039;s not happening. </p><p><br /></p><p>&nbsp; Forget that!&nbsp;&nbsp; Do a test.&nbsp; Try negotiating $10 off.&nbsp; &nbsp; I&#039;ve tried it.&nbsp; It might work 50% of the time.&nbsp; &nbsp; Just because one or two people think a coin is over priced doesn&#039;t mean a seller is going to drop their price to accomodate them.&nbsp;&nbsp; If you think it&#039;s over-priced, than you simply won&#039;t be buying it.&nbsp; I don&#039;t know that that would prove anything.[/QUOTE]</p><p><br /></p>

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