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LeeJ07

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LeeJ07 last won the day on May 7 2020

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About LeeJ07

  • Birthday 11/07/1991

What's Up?

  • Mood
    confused
  • Currently Playing
    Kirby
  • Gender
    Male
  • Relationship Status
    Single
  • Current City
    Winnsboro, Louisiana
  • Hometown
    Monroe, Louisiana
  • First Console
    PSP
  • Favorite Arcade Game
    Galaga
  • Favorite Board Game
    Clue
  • Favorite Movie
    Star Wars
  • Favorite TV Show
    Doctor Who
  • Favorite Comic Book Hero
    Spider-Man
  • What I got at Toys Я Us
    A Switch

Atari World Championships

  • Atari Cup Team
    Houston Asteroids

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  1. I watched a really eye-opening video on Youtube last night that pretty succinctly exposed the blatant fraud behind the whole graded/sealed video game market.

    Needless to say, Super Mario Bros. selling for $1.5 million dollars is all based on a whole lot of fraudulent market speculation, and it's a house of cards being propped up by an auction house and a grading company that were founded by the same people who caused the coin collecting bubble back in the 1980s.

    It's all a bubble, and it's going to pop sooner or later.

    1. Show previous comments  2 more
    2. RickR

      RickR

      Well, that is the nature of things.  As the retro market grows, demand goes up, and prices go up. 

      As for speculation...it sucks.  But those people are taking a risk. 

       

    3. Justin

      Justin

      @LeeJ07 I agree those prices are astronomical! Where specifically is the fraud that you're referring to? Was there a specific incident of fraud? Rip-off report? "Bubbles" are not necessarily fraudulent any more than trends or pet rocks. I think the current price of gas the past few months is "fraudulent"

    4. LeeJ07

      LeeJ07

      @Justin I'll link the video here. 

      It's a bit of a long watch, over 50 minutes, but the video creator went extremely in depth following the money and laid it all out much more succinctly than I'd be able to.

      This is the link: https://youtu.be/rvLFEh7V18A

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