Discover and read the best of Twitter Threads about #mtgfinance
Most recents (3)
I’ve noticed over the last two years that #mtgfinance has clear movers (researchers/content creators) and followers (consumers looking for purchasing advice), but that the overall output is an enigma in retail-based economics. The movers are those who put a lot of time in (1/6)
asking questions and researching hypotheses, and who ultimately have a pulse on the #MTG community at all times. The followers of #mtgfinance are a broader group, some looking to it for money-saving tips on cards they may or may not use; others hoping to simply profit. (2/6)
I also learned over the last two years the importance of identifying with one of two #mtgfinance subgroups and master it rather than trying to do (or be) part of both in parallel. I encourage you to review your position in #mtgfinance and ensure your capital is being used (3/6)
On the Reserved List: A large percent of the recent change in prices ("large" being enough to begin the spikes) is a result of grey or black market activity. Money laundering is a serious business, and collectibles are a great option for vector. #MTGFinance
Money laundering has ramped up in terms of volume a noticeable amount recently because of active attempts at decriminalization of some goods, most notably marijuana. Lots of growers trying to go legit, and the Venn diagram of Stoners and Nerds overlaps a lot. #MTGFinance
The boom in Crypto currencies this past year has also resulted in a lot of money laundering, be it by "trading" directly between crypto and cards, or be it buy looking to offset tax liabilities by establishing an "investment" for more than a year. #MTGFinance
A couple of quick #mtgfinance takes on #mtgm25. 1) JTMS & Chalice will enjoy strong rebounds past peak supply. Nothing holding them back & facing strong demand.
2) Despite an odd mix of cards at mythic, there is good value in the rares, with 16 rares $10+, 10 rares $20+, but just 4 rares $30+. In MM17, the #s were 13 @ $10+, 8 @ $20+, and 8 at $30+, so less high end, & a slightly better low end. Also, still a few to go there.
3) The problem longer term is that this set is packed with cards whose values were high because of low supply, not high demand, so many of the money slots are going to depreciate hard and recover slowly: filter lands, asuza, port, obliterator, etc.
