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Message:: [QUOTE="KBBPLL, post: 25548794, member: 104064"]Generally speaking I don't understand any of this anyway. It's like owning stock with a fancy wrapper, and then you take it to auction where you know bidders are not going to go much above market value minus the 20% buyer fees? Instead of just cashing it in? People think there's value in the empty wrapper the stock came in? If a buyer is going to speculate and pay you more than current value, why wouldn't they just buy the stock outright instead of going to an auction and paying more for it? "In the end I lost about ~$70k in gains" - no, you didn't. By that logic, I've lost millions by not having the money to buy something at the right time and selling something at the right time. But like I said, I don't understand any of this imaginary currency stuff. As a very conservative person fiscally, I'll add that your 3 month investment horizon is nuts. You're swimming in a pool filled with a bunch of other get rich quick people and you might as well go to Vegas. Rant off.[/QUOTE]