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<p>[QUOTE="Vess1, post: 26771728, member: 13650"]Something you didn't mention that I think has a major impact is dilution of collectors. There's a group of people that will desire to collect something. Now it all depends on what your outlook is. Do you want the value of your collection to drop so you can easily acquire more or do you want the value of your collection to steadily increase as a decent investment over time? How many ways can that pie be sliced?</p><p><br /></p><p> Whether it's collecting or investing, it seems that there has become so many avenues for people to get passionate about that it spreads everyone out. Think what bitcoin could be if there wasn't a thousand other cryptos people have latched on to as being the next big thing. Think how much of a boost stocks or precious metals would get if crypto didn't exist at all. That's they way it was a couple decades ago. Now all those $$ funnel into that on the side too and the stock markets still continue skyward. What's the next new gimmick?</p><p><br /></p><p> I think the government should be thrilled that people have found so many ways to tie up cash out of the system. People spend a fortune on BTC and then "hodl" forever because you just have to and the cash disappears out of the system, keeping inflation depressed. But I digress.</p><p><br /></p><p> Main point was sports cards/Pokemon craze is absolutely insane right now. Watching people fork over suitcases of cash for a graded Pokemon card that can be infinitely printed or faked seems crazy. But people are all about it. There's more crews robbing Pokemon card stores than banks nowadays.</p><p><br /></p><p> Just saw a video with Kevin O'Leary and he had some coveted card with the NBA man logos on it from allegedly game used jerseys of Joran, Lebron, and Kolbe. Graded 10. 1 of 1 in the world. And then he or somebody had Tiffany's surround the case with diamonds and rubies and put it on a diamond necklace chain. The guy wore it to some awards show! Says it's worth $30 million at auction but may be worth $100 million eventually but "he'd never sell it." Ok well, it's cool. I wouldn't give $1k for that card but people are bonkers over rare sportscards even though there's new 1 of 1s coming out every year from every company! As old players get further in retirement, new people come up and now everybody is focused on them. </p><p><br /></p><p> It's not the common 80s cards that have went up in value. It's all the new 1 of 1 stuff that people spend insane amounts buying or chasing in box breaks. Which has now led us to the whole Vaultbox concept and it's success. We can't argue Vaultbox has done well. The market supports a release every month it seems. </p><p><br /></p><p> Some people only collect watches worth millions. Some collect cars. I guess there's enough people and cash in the world to support it all but eventually it seems like everything is sort of in a ponzi scheme. If it doesn't consolidate, there's no way everything can keep going up indefintiely unless population continues growing as it has. Which it won't, becasue one thing people have stopped collecting is kids for the most part. You also have to have societies that can maintain enough disposable income to entertain collecting at all. I hate to be a pessimist but that could be going away if AI replaces half of the jobs that are remaining.[/QUOTE]</p><p><br /></p>
[QUOTE="Vess1, post: 26771728, member: 13650"]Something you didn't mention that I think has a major impact is dilution of collectors. There's a group of people that will desire to collect something. Now it all depends on what your outlook is. Do you want the value of your collection to drop so you can easily acquire more or do you want the value of your collection to steadily increase as a decent investment over time? How many ways can that pie be sliced? Whether it's collecting or investing, it seems that there has become so many avenues for people to get passionate about that it spreads everyone out. Think what bitcoin could be if there wasn't a thousand other cryptos people have latched on to as being the next big thing. Think how much of a boost stocks or precious metals would get if crypto didn't exist at all. That's they way it was a couple decades ago. Now all those $$ funnel into that on the side too and the stock markets still continue skyward. What's the next new gimmick? I think the government should be thrilled that people have found so many ways to tie up cash out of the system. People spend a fortune on BTC and then "hodl" forever because you just have to and the cash disappears out of the system, keeping inflation depressed. But I digress. Main point was sports cards/Pokemon craze is absolutely insane right now. Watching people fork over suitcases of cash for a graded Pokemon card that can be infinitely printed or faked seems crazy. But people are all about it. There's more crews robbing Pokemon card stores than banks nowadays. Just saw a video with Kevin O'Leary and he had some coveted card with the NBA man logos on it from allegedly game used jerseys of Joran, Lebron, and Kolbe. Graded 10. 1 of 1 in the world. And then he or somebody had Tiffany's surround the case with diamonds and rubies and put it on a diamond necklace chain. The guy wore it to some awards show! Says it's worth $30 million at auction but may be worth $100 million eventually but "he'd never sell it." Ok well, it's cool. I wouldn't give $1k for that card but people are bonkers over rare sportscards even though there's new 1 of 1s coming out every year from every company! As old players get further in retirement, new people come up and now everybody is focused on them. It's not the common 80s cards that have went up in value. It's all the new 1 of 1 stuff that people spend insane amounts buying or chasing in box breaks. Which has now led us to the whole Vaultbox concept and it's success. We can't argue Vaultbox has done well. The market supports a release every month it seems. Some people only collect watches worth millions. Some collect cars. I guess there's enough people and cash in the world to support it all but eventually it seems like everything is sort of in a ponzi scheme. If it doesn't consolidate, there's no way everything can keep going up indefintiely unless population continues growing as it has. Which it won't, becasue one thing people have stopped collecting is kids for the most part. You also have to have societies that can maintain enough disposable income to entertain collecting at all. I hate to be a pessimist but that could be going away if AI replaces half of the jobs that are remaining.[/QUOTE]
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