6 ms·
Scale, mostly. I don't remember a 40 billion dollar market in baseball cards evaporating overnight once it was discovered to be a giant ponzi scheme.
by arcticbull 4y ago
Scale, mostly. I don't remember a 40 billion dollar market in baseball cards evaporating overnight once it was discovered to be a giant ponzi scheme.
- latchkey 4y agoYou know what's entertaining though is that a lot of the very large funds that were rekt in the UST failure were filled with people who come from traditional finance. It wasn't just small investors with 40 billion dollars. You'd think they "knew" better...
- arcticbull 4y agoYep, it's kind of crazy. I know a couple personally.
- latchkey 4y ago#metoo
- DocTomoe 4y agoWe did see that with the beanie baby boom of the mid-1990s, which in fact is probably more comparable to the ape thing. I don't remember Beanie Baby regulation.