What in the confirmation bias is this. You don’t have to look far to find billionaire Pokémon buyers at all.
I don’t think you’re reasoning very constructively and mostly out of your own assumptions.
It’s also not very classy to call people noobs when your short sightedness is taking the better of you here. We’re all along for the ride & what people are willing to pay has and will always speak the loudest wether you, I or e4 agree or not.
Rarity scales with demand, It reminds me of when people act like Moonbreon is a common card, Try pulling one from the pack and we’ll see how common it actually is. Now weigh that up to how everyone and their mom suddenly decided they needed to “enter the market”. the snowball effect
i personally don’t think any billionaire would be wasting their time on 5-max 6 figure gainz that any pokemon card would entail, although i suppose that part is speculation, and no one will really know other than the few ppl who have sold their gold stars at 6 figures. their time would be much better suited to manipulating the stock or crypto markets or something along those lines
the only billionaire who has come anywhere close to this stuff is kevin who spent 12M on a sports card. and the only reason he did that was to fractionalize it which has already been tried many times in 2020-2021 so i doubt this time will be any different
and i wouldnt really count logan paul since he’s been out of this thing for 4 years after he got taken for a ride on a 5 million dollar “psa 10” illustrator and almost did on a $3M gi box
Regarding billionaires, I think Xiao is the son of a billionaire, and he appears to have quite a lot of money involved in the TCG and Akabane’s closet. I think he’s the closest that we’ll get to a public billionaire involved.
well that person is just something else entirely they arent the ones paying 200k for gold star rayray or the chicken anyway if they even touch english cards in the first place
