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Youtube suggested a video to me about what's going on in the collectable video game market. The claim was that there's some collusion between a major auction si
by dehrmann 5y ago
Youtube suggested a video to me about what's going on in the collectable video game market. The claim was that there's some collusion between a major auction site and a grader, and some of those players were running a pump and dump.
Unless you know who the buyers and sellers are or transaction fees are high (like an auction at Christie's), you have no idea if the sales are real, so it's pretty easy to make it look like the asset is appreciating when it's really just manufactured hype.
- vintermann 5y agoYup, Karl Jobst's expose I bet. It was a really good piece of journalism, maybe not something you'd expect from a YouTuber who mostly vlogs about speedrunners.
- dehrmann 5y agoI was trying to find it, but couldn't until you said his name. https://www.youtube.com/watch?v=rvLFEh7V18A https://www.youtube.com/watch?v=rvLFEh7V18A