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<p>[QUOTE="dougsmit, post: 4540192, member: 19463"]I hope you realize that the success of sales depends on many people actually thinking they will have a chance at winning a coin but being frustrated to the point that their contribution is only running up the price paid by the winner. After this happens enough times, many will lose interest and determine that it is a waste of their time and energy. Of course that means missing out on a few coins that no one else wanted. That will tend to drive us to other sources. I preferred the coin show route; others seek smaller auctions no frequented by the people with the money. I recently decided to pay an online dealer more than I wanted to because I have saved quite a bit now that there are no coin shows. This is the system working as intended. </p><p><br /></p><p>The question I see is whether there is an infinite supply of new participants both from the well funded winners group and from the hopeful but mostly unsuccessful group to keep this going or if there is a bubble ripe for bursting. I see no shortage of people with money but more depends on how many people will continue to buy lottery tickets even after they have read the odds.[/QUOTE]</p><p><br /></p>
[QUOTE="dougsmit, post: 4540192, member: 19463"]I hope you realize that the success of sales depends on many people actually thinking they will have a chance at winning a coin but being frustrated to the point that their contribution is only running up the price paid by the winner. After this happens enough times, many will lose interest and determine that it is a waste of their time and energy. Of course that means missing out on a few coins that no one else wanted. That will tend to drive us to other sources. I preferred the coin show route; others seek smaller auctions no frequented by the people with the money. I recently decided to pay an online dealer more than I wanted to because I have saved quite a bit now that there are no coin shows. This is the system working as intended. The question I see is whether there is an infinite supply of new participants both from the well funded winners group and from the hopeful but mostly unsuccessful group to keep this going or if there is a bubble ripe for bursting. I see no shortage of people with money but more depends on how many people will continue to buy lottery tickets even after they have read the odds.[/QUOTE]
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