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Yes.. I strongly believe the coin market IS dropping.
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<p>[QUOTE="900fine, post: 752432, member: 6036"]Actually, Doug, I did notice that. I looked at all 3,000 listings. </p><p> </p><p>There's some value in what you're saying, but here's my concern : It doesn't take many mega-high end coins to dramatically skew the numbers. For instance, consider a $300,000 coin and a $300 coin. The big one completely dominates; the $300 coin can swing all over the place and have almost zero impact on the aggregate index. In fact, <b>you can have 1 big one and 500 small ones and the big one still rules 20:1 </b>in the example above (since the big was 1000x the small e.g. 500x20 = 1000).</p><p> </p><p>When I look at all 3,000 coins, I don't feel it is indicative of the market as a whole. They should add a "weighting factor" to the more common issues so they have more impact on the index. Just MHO.[/QUOTE]</p><p><br /></p>
[QUOTE="900fine, post: 752432, member: 6036"]Actually, Doug, I did notice that. I looked at all 3,000 listings. There's some value in what you're saying, but here's my concern : It doesn't take many mega-high end coins to dramatically skew the numbers. For instance, consider a $300,000 coin and a $300 coin. The big one completely dominates; the $300 coin can swing all over the place and have almost zero impact on the aggregate index. In fact, [B]you can have 1 big one and 500 small ones and the big one still rules 20:1 [/B]in the example above (since the big was 1000x the small e.g. 500x20 = 1000). When I look at all 3,000 coins, I don't feel it is indicative of the market as a whole. They should add a "weighting factor" to the more common issues so they have more impact on the index. Just MHO.[/QUOTE]
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Yes.. I strongly believe the coin market IS dropping.
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