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High-end products that which demand outweighs supply will always have high values.
The intrinsic value of baseball cards is that there isn't any - there will always be value but it will always be relative to the overall market.
The moral of the story, with any boom (whether it be crypto, baseball cards, cars, tulips in the 17th century, etc etc etc) is to be able to identify a bubble early enough to make money off of it. Beyond that there is no underlying value.0 -
Jearlpam0925 said:High-end products that which demand outweighs supply will always have high values.
The intrinsic value of baseball cards is that there isn't any - there will always be value but it will always be relative to the overall market.
The moral of the story, with any boom (whether it be crypto, baseball cards, cars, tulips in the 17th century, etc etc etc) is to be able to identify a bubble early enough to make money off of it. Beyond that there is no underlying value.
What is good about it is I will be able to purchase the deemed worthless tulips from people for cheap and sit on them until the next boom.0 -
Well yeah, people were bored & stuck inside, they needed something to do (with their money), this was prevalent everywhere.0
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Jearlpam0925 said:Well yeah, people were bored & stuck inside, they needed something to do (with their money), this was prevalent everywhere.
Never has that happened.
People also started buying more crypto and sent that into the stratosphere.
NFT's? People bought that crap too. NBA Top Shots is the best example of it. I didn't bother with it, though I should have bought and sold immediately if I did.
People did try their take on puts and calls so maybe that was a good thing they spent their money on?0 -
The influencers are working their magic again. Will be a squeeze on RIVN...
Lets see if they make it happen.0 -
tempo_n_groove said:The influencers are working their magic again. Will be a squeeze on RIVN...
Lets see if they make it happen.0 -
mrussel1 said:tempo_n_groove said:The influencers are working their magic again. Will be a squeeze on RIVN...
Lets see if they make it happen.
RIVN I fully expect to drop to like 12 before anything goes up. They can't keep anyone and that isn't good or execs just don't want to work on it.
Great product, nice trucks.0 -
The Squeeze is on.0
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Does anybody here still believe in NFT's?
I still think it's the dumbest thing people put money into.0 -
tempo_n_groove said:Does anybody here still believe in NFT's?
I still think it's the dumbest thing people put money into.0 -
tempo_n_groove said:Does anybody here still believe in NFT's?
I still think it's the dumbest thing people put money into.0 -
mrussel1 said:tempo_n_groove said:Does anybody here still believe in NFT's?
I still think it's the dumbest thing people put money into.0 -
mrussel1 said:tempo_n_groove said:Does anybody here still believe in NFT's?
I still think it's the dumbest thing people put money into.
So maybe I didn't "get it" but I got it. I didn't invest one damn cent.
Those NBA topshot things I am soooo glad it was such a pain in the ass to join and get so I missed out. If I did I would have bought and sold immediately anyway. They were never going to be a hold for me.0 -
mrussel1 said:tempo_n_groove said:Does anybody here still believe in NFT's?
I still think it's the dumbest thing people put money into.This weekend we rock Portland0 -
those trump nfts are worthless now. people paid 100 bucks or something for them, and now they are worth like 4 bucks i think i saw a few weeks ago."You can tell the greatness of a man by what makes him angry." - Lincoln
"Well, you tell him that I don't talk to suckas."0 -
gimmesometruth27 said:
those trump nfts are worthless now. people paid 100 bucks or something for them, and now they are worth like 4 bucks i think i saw a few weeks ago.
What's funny is if you try researching them all these NFT websites pumping them come up, lol.0 -
tempo_n_groove said:gimmesometruth27 said:
those trump nfts are worthless now. people paid 100 bucks or something for them, and now they are worth like 4 bucks i think i saw a few weeks ago.
What's funny is if you try researching them all these NFT websites pumping them come up, lol.
like someone said above, if it is not tangible i will not invest in it.
seems like those websites trying to pump them up knowing they are a fool's investment might be doing something illegal. unethical at the least."You can tell the greatness of a man by what makes him angry." - Lincoln
"Well, you tell him that I don't talk to suckas."0 -
gimmesometruth27 said:tempo_n_groove said:gimmesometruth27 said:
those trump nfts are worthless now. people paid 100 bucks or something for them, and now they are worth like 4 bucks i think i saw a few weeks ago.
What's funny is if you try researching them all these NFT websites pumping them come up, lol.
like someone said above, if it is not tangible i will not invest in it.
seems like those websites trying to pump them up knowing they are a fool's investment might be doing something illegal. unethical at the least.0 -
But have you heard about Hunter's laptop?09/15/1998 & 09/16/1998, Mansfield, MA; 08/29/00 08/30/00, Mansfield, MA; 07/02/03, 07/03/03, Mansfield, MA; 09/28/04, 09/29/04, Boston, MA; 09/22/05, Halifax, NS; 05/24/06, 05/25/06, Boston, MA; 07/22/06, 07/23/06, Gorge, WA; 06/27/2008, Hartford; 06/28/08, 06/30/08, Mansfield; 08/18/2009, O2, London, UK; 10/30/09, 10/31/09, Philadelphia, PA; 05/15/10, Hartford, CT; 05/17/10, Boston, MA; 05/20/10, 05/21/10, NY, NY; 06/22/10, Dublin, IRE; 06/23/10, Northern Ireland; 09/03/11, 09/04/11, Alpine Valley, WI; 09/11/11, 09/12/11, Toronto, Ont; 09/14/11, Ottawa, Ont; 09/15/11, Hamilton, Ont; 07/02/2012, Prague, Czech Republic; 07/04/2012 & 07/05/2012, Berlin, Germany; 07/07/2012, Stockholm, Sweden; 09/30/2012, Missoula, MT; 07/16/2013, London, Ont; 07/19/2013, Chicago, IL; 10/15/2013 & 10/16/2013, Worcester, MA; 10/21/2013 & 10/22/2013, Philadelphia, PA; 10/25/2013, Hartford, CT; 11/29/2013, Portland, OR; 11/30/2013, Spokane, WA; 12/04/2013, Vancouver, BC; 12/06/2013, Seattle, WA; 10/03/2014, St. Louis. MO; 10/22/2014, Denver, CO; 10/26/2015, New York, NY; 04/23/2016, New Orleans, LA; 04/28/2016 & 04/29/2016, Philadelphia, PA; 05/01/2016 & 05/02/2016, New York, NY; 05/08/2016, Ottawa, Ont.; 05/10/2016 & 05/12/2016, Toronto, Ont.; 08/05/2016 & 08/07/2016, Boston, MA; 08/20/2016 & 08/22/2016, Chicago, IL; 07/01/2018, Prague, Czech Republic; 07/03/2018, Krakow, Poland; 07/05/2018, Berlin, Germany; 09/02/2018 & 09/04/2018, Boston, MA; 09/08/2022, Toronto, Ont; 09/11/2022, New York, NY; 09/14/2022, Camden, NJ; 09/02/2023, St. Paul, MN; 05/04/2024 & 05/06/2024, Vancouver, BC; 05/10/2024, Portland, OR;
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