The value of things is all subjective and I think alot of people just hoard things because they think that it will be more expensive in the future. It reminds me of what happened to the retro video game market. I think there was quite a bit of price manipulation, but after prices spiked, they never went back to the highs after.
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Well sometimes things that are hoarded can be expensive especially if it's what s lot of people wants. But hoarding something because it's predicted that it'll go up is just not something that'll work.