you know whats cool now? hearthstone's battlegrounds. its a mix of poker and pokemon.
Trading cards are cool again
51–60 of 94 posts
Re: Trading cards are cool again
#52Does anyone ask themselves why they collect? I collect everything. I don't have the room to be a Horder, but my compulsion to collect us strong, with the exception of money. I should be collecting money, but that has been too hard for myself. I started off collecting snails. I would put them on my Tonka Truck, and they were workers. The guys on the roof were the bosses. The others placed all around the truck bed had…
The book Sapiens: A Brief History of Humankind by Yuval Noah Harari [1] explains the hunter-gatherer is deeply engrained in our cultural behaviour because it helped with our survival.
Re: Trading cards are cool again
#53Earlier quoted context omitted.
> It's impossible to predict where this market will go just like any collectible market because it's so driven by market sentiment. As someone who knows little about trading cards or "markets" in general I guess, how is this different than any other market? Seems like everything is driven by market sentiment, even things like toilet paper from time to time.
You don't use up trading cards like you do toilet paper. Neither are trading cards continuously produced like toilet paper.
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Re: Trading cards are cool again
#54Earlier quoted context omitted.
> It's impossible to predict where this market will go just like any collectible market because it's so driven by market sentiment. As someone who knows little about trading cards or "markets" in general I guess, how is this different than any other market? Seems like everything is driven by market sentiment, even things like toilet paper from time to time.
There was a time when trading in equity shares was driven in part by the so-called "fundamentals". How the business was doing (and the outlook), if the company was making money (and would make money in the future), things like that.
Is that not how it is now? The top companies seem to have pretty good fundamentals and trajectories to me.
Re: Trading cards are cool again
#55Earlier quoted context omitted.
There was a time when trading in equity shares was driven in part by the so-called "fundamentals". How the business was doing (and the outlook), if the company was making money (and would make money in the future), things like that.
Is that not how it is now? The top companies seem to have pretty good fundamentals and trajectories to me.
You mean like Tesla? Or even any of the top tech companies?
Re: Trading cards are cool again
#56Earlier quoted context omitted.
I can’t hold a NFT. I don’t see people in 100 years talking about a rare cat meme NFT like we talk about a 100 year old antique coffee grinder. But hey, I could be wrong.
this is too reductive, there are entire generations of people, plural , that don't draw the line at "I can't hold it". People said the same thing about mp3s and digital music, the people they were criticizing have children now. both of these recipient generations don't care. but to say more about what you are missing - without drawing a different conclusion just adding an extra variable - is to look at how issuers ac…
I'm not sure mp3s are a good example. Vinyl is booming because many people want a physically tangible medium and streaming services are otherwise teaching a generation that music isn't something worth owning.
Re: Trading cards are cool again
#57Earlier quoted context omitted.
Is that not how it is now? The top companies seem to have pretty good fundamentals and trajectories to me.
You mean like Tesla? Or even any of the top tech companies?
Not any specific company. The person I responded to implied that equity shares are not being traded according to if they were making money or will make money.
But from this list, and the net profit and net profit margin figures, they seem to be mostly ordered correctly.
Re: Trading cards are cool again
#58From scanning this, it sounds like the author is specifically talking about sports trading cards, most characterized by baseball cards. This market certainly went crazy price-wise but then, as the author pointed out, tanked. It basically tanked because everyone started collecting the cards. Like any collectible market, it mainly took off to begin with because no one was collecting these things and keeping them in min…
NFTs are collectables and subject to the same trajectory.
Re: Trading cards are cool again
#59Absolutely everything is frothy right now. I wouldn’t make any long term conclusions from the markets today, since this seems like an exceptional time. That is to say, I think the “bull case” for many things atm are heavily tainted by irrational exuberance.
> That is to say, I think the “bull case” for many things atm are heavily tainted by irrational exuberance. Even Limited Edition Warhammer books have been selling for absurd prices. Many books are selling for 10 to 20 times RRP. It’s been very odd to see
I see this as the result of overall inequality.
Only the wealthy with nothing better to spend a marginal % of their capital on, the middle class (good income) indebting themselves up the balls, and speculators looking to profit from the prior two categories, are buying these things at these crazy prices.
Some poor folk might fall in to the speculator category, but they're taking huge personal risk on what they hope is a ticket to riches.
Same goes for Bitcoin imho
Re: Trading cards are cool again
#60Earlier quoted context omitted.
Imagine if Elon Musk selling Tesla was the pin that pricked the everything bubble, hah. https://twitter.com/elonmusk/status/1457064697782489088?t=t-...
1. Use bots to vote yes 2. Short TSLA 3. ??? 4. Profit
Given how irrational TSLA is, he'll probably sell and the price will go up