Post
Topic
Board Speculation
Merits 3 from 2 users
Re: Buy BTC sold for 16 BTC-1 mil USD
by
JiiBs
on 09/05/2024, 06:49:53 UTC
⭐ Merited by Mayor of ogba (2) ,El duderino_ (1)

The main problem in early stages will be

A lot of people knowing each other driving the price of a few specific items and creating higher prices for them… then a unknowing person buying at a to high price for a worthless piece being stuck to it… but yeah DYOR and buy what you deem worthy I guess
Actually, this is the only scheme, and not only a lot of people knowing each other, but often just only one person, acting with different wallets.
Market rigging at its bests, like good old times in traditional markets.
This does works and the target can be completely clueless on what’s been done. That’s why auctions could be a madman’s den at times. Insane prices could go for just any piece from a famous dead guy who wasn’t very good in art or have an item featured in a famous battle or been to certain places.
More and more searches are lunched to getting these antiques, get it dated and there it goes with the price for collectors to pick it up. You wonder why they don’t keep ot for themselves or have it as a national treasure, which goes for some antiques and the nation of origin.

Well, am not a collector so I wouldn’t know, don’t see how am supposed to be amused with having this 16BTC in an item hanging somewhere if I don’t get to make money off it although, some of these could serve a means to preserve wealth and that’s only if you can be able to resale if need arises.

Either way, collections and collectors of stuff is another level of insanity, you really don’t get it if your not into that kind of stuff. I mean, trying to wrap my head around it alone tells me, I can’t find any reason and that’s just to say, you ain’t in that level to this yet. I hope I don’t be!