Exposing FRAUD And DECEPTION - A Must Watch! 18 18

[Dark Knight]

Speaking of VHS, it seems that a few people now are buying old sealed VHS tapes.  You never know, it might make the next boom in the collectibles market lol.

[MattTheDuck]

On 8/23/2021 at 5:15 PM, Dark Knight said:

Speaking of VHS, it seems that a few people now are buying old sealed VHS tapes.  You never know, it might make the next boom in the collectibles market lol.

I've seen hundreds of those things at yard and estate sales this summer.  Not sealed, of course, but that's easily fixed 

[WolverineX]

On 8/23/2021 at 5:30 PM, manetteska said:

A Rally sighting!

@valiantman  What do you think  about this video with Rally Rd showing up?

[Roger66]

Many people are simply born suckers and their pre-programmed desire to believe is like an infectious drug to them.  The death of intuition and commonsense is often the reason for such (in hindsight) obvious greed, deception and out and out criminal activities.  How many unknowing and unsuspecting people make money off of such manipulative activities only to call out the criminals IF in fact they are left holding the hot-potato once the gig is up.  Since man first entered the market place and bartered for a sheep or some eggs - there have been shameful activities and it has only gotten worse during the age of the internet.  No matter the century, no matter the forum, no matter the product; people often choose to wear blinders and refuse to trust their gut or consider if something is overpriced if not misrepresented.  I need no video or exposé to know when something is overvalued.  Excuse my cynicism if not sarcasm / hubris but "buyer beware" is as meaningful now as it was when it was 1st uttered.  Some folks will never learn.  My 2-cents.   “Belief can be manipulated. Only knowledge is dangerous.” ― Frank Herbert

Edited August 24, 2021 by Roger66

[mattn792]

On 8/23/2021 at 8:21 PM, Wolverinex said:

@valiantman  What do you think  about this video with Rally Rd showing up?

First thing I thought of once Rally was mentioned -- valiantman is gonna be pissed.

[WolverineX]

Remember that TMNT1 that sold for an insane amount a few years ago...  I wonder who bought that copy....  Seems to match exactly like what that collector is saying at 25 mins in the video.  

 

 

Edited August 24, 2021 by Wolverinex

[manetteska]

Where there’s money there’s manipulation. 
 

Some people saw the Wata insider dealings two years ago but went mostly ignored. 

[Buzzetta]

There is also something called "the fear of missing out."

All it takes is one impatient person to "raise GPA" for everyone else.  All it takes is one person that is willing to hold fast to find that one person who is afraid to miss out to capitalize on it.   I did something like this in an ethical way a few months ago where I took a book that I bought on Comiclink for $50 that no one seemed to have.  As there was no real data on GPA on the book, I went fishing and I put it on eBay for $325.  It sold for that price with the buyer also paying GSP to get it along with the regular shipping.

Once I sold that one graded copy, I saw a raw copy show up on Heritage.  People used my sale as a benchmark to assess how they should bid on the book and the raw copy sold for about the same in about the same grade on Heritage. Why bring this up?  That was with one book.  I went fishing and my sale influenced the market on at least two future sales.

Imagine using something like that to overtly manipulate the market.   Imagine what someone could do with multiples of the same book, listing them in multiple places on multiple exchanges and having a friend make an offer on a ridiculous asking price that is then turned down.  Everyone will see that the owner is turning down those prices so in order to get it, they must be willing to open the wallet even more.  It is basically shill bidding an exchange listing and that is what I think is going on with some comic books, and what is most likely going on with some games along with artificial inflation and trading things back and forth between the same people.

People are establishing artificial benchmarks in order to gain legitimized sales and basically concealing the artificial benchmarks between those legitimized sales. 

[Buzzetta]

On 8/23/2021 at 9:42 PM, mattn792 said:

First thing I thought of once Rally was mentioned -- valiantman is gonna be pissed.

I said from the beginning that Rally Road could easily manipulate the 'value' of an item to gain investments.  It is such an easy scam to see through. 

[blazingbob]

On 8/23/2021 at 9:56 PM, Buzzetta said:

I said from the beginning that Rally Road could easily manipulate the 'value' of an item to gain investments.  It is such an easy scam to see through. 

The term is Pump and Dump.  

[wombat]

The good news is I don't have enough money to be scammed with something like this. The bad news is I don't have enough money to be scammed by something like this. 

[WolverineX]

https://bleedingcool.com/comics/will-giant-size-x-men-1-cgc-9-8-set-a-new-sales-record-today/

[WolverineX]

On 8/23/2021 at 4:39 PM, Buzzetta said:

Like I have said earlier this year.  Money launderers are discovering collectables again. 

The video creator just pinned this statement:

Pinned by Karl Jobst

 

Karl Jobst

11 hours ago (edited)

These people have a lot of power and money, so let's hope they don't attack me for this. A lot of people talk about money laundering but I didn't go into it because it's all pure speculation. Money laundering doesn't CAUSE bubbles. People can take advantage of a bubble that exists, but it's not the root cause. I just focused on what I could prove.

[bob jr]

On 8/23/2021 at 3:00 PM, comicwiz said:

While this centers on the market manipulation happening in the video game market, the players and overlap with people invested in the comic hobby is important for all to see, and this manipulation is not exclusive to video games.

 

A Must Watch Indeed 

[bob jr]

On 8/23/2021 at 10:13 PM, wombat said:

The good news is I don't have enough money to be scammed with something like this. The bad news is I don't have enough money to be scammed by something like this.

 .... It's called a blessing in disguise 

Edited August 24, 2021 by bob jr

[aardvark88]

On 8/23/2021 at 5:15 PM, Dark Knight said:

Speaking of VHS tapes.  You never know, it might make the next boom in the collectibles market lol.

Only when Mark Haspel, Jim Halperin and NP Gresham start  hording, slabbing, bidding, buying, pop report tracking, and repeat.

[Dark Knight]

I dunno what's worst.. The content of this video or Onlyfans being banned starting on Oct.  

[aardvark88]

On 8/23/2021 at 5:17 PM, MattTheDuck said:

I've seen hundreds of those things at yard and estate sales this summer.  Not sealed, of course, but that's easily fixed 

I knew I should have bought those Betamax videotapes for 5c each when VHS used hot titles were being dumped for a princely $1 after all the chains (Blockbuster, Rogers Video) and mom n pop corner video stores went bankrupt. Betamax Star Wars is the Action 1 of resealed videotapes.

[onlyweaknesskryptonite]

On 8/24/2021 at 12:57 AM, Dark Knight said:

I dunno what's worst.. The content of this video or Onlyfans being banned starting on Oct.  

I know there was at least one member here who will be disappointed.... er...  I mean have more money for comics/figures. 

Now if I can just remember who posted this.. 

[onlyweaknesskryptonite]

Besides hookers never close up shop, They change location.