Collectibles in this forum are undervalued.
I have the opposite opinion - I feel that the items here are more accurately priced here on the forums where more knowledgeable people are and out there - the fomo and the hype make people spend 10x what they should and eventually later they will find out they were ripped off - in some of the cases - and then it goes counterproductive to our niche.
that said, it is an auction at least and not just some blanket stupid high price slapped on it.
really puts the importance on "DYOR" before buying.
I tend to agree more with polymerbit on this. Sure, it's easy to dismiss most of art and collectible markets as overvalued. If you see it that way, then outside forum prices for crypto collectibles are probably overpriced.
But our forum isn't frequented much, many auctions aren't recognized by more than a dozen collectors, so how does this represent a "realistic" price? I guess the "real" value of most collectibles is somewhere in the middle of forum prices and high bids in Stacks auctions.
Long run, when/if Bitcoin becomes mainstream and more and more collectos become aware of this field, current prices will most likely still be peanuts compared to what will be called normal then.
Mentioning Satori chips....I would love to place an entire roll and see how that would do on this auction site...but then again they would want them to all be graded first...Can't see myself taking apart a roll just for the grading.
I think the roll in itself is a collectable and would leave it the way it is as its worth more that way than broken apart.
Just my two Sats on that subject
agreed! do not break open the roll!
Good point. A full roll would be very interesting - maybe there is a way to get it verified without breaking the seal?