I love people who hate Uncommon comics.
They go for the VeVe drop, get mad, and then throw it on the market for much less than they paid for it. I just have to sit and wait, watching hater after hater undercutting each other and lowering the price I have to pay.
Sometimes I can grab the comic under two gems right away, and sometimes I have to wait a day; it depends on how many were sold and how popular it is. Waiting too long has its risks, too, especially if I forget it and have to pick it up later. I have definitely had to chase some comics that got away from me because I waited too long.
Between comic sets and thirty-day burns, it doesn’t take long before what comics are on the market get gobbled up by stackers. Even old comics that had really big mint runs compared to today have listings that have really dwindled. Some of them are locked up in accounts that haven’t passed KYC, and granted, we’re operating on relatively low volume. More than likely, it’s a combination of reasons, but I still find it quite interesting that the comics in the market have started to rebalance.
In fact, things are beginning to get rather interesting.
I am a believer in buying what you like, doing your own research, and not jumping in the pool because everyone else just jumped in. I do not really mind times when the market is a lot less about buying and selling and a lot more about watching and learning. I am a quiet person by nature; quiet is what I do best. Just taking some time to watch the StackR transaction page or peruse My NFT Tracker can be quite entertaining.
If the VeVe marketplace had some sort of internal seasons separate from (but always a part of) the macro seasons going outside, I’d say it goes through things like “a flippers’ market,” or “a collectors’ market,” or even a “crazy-fomo-hype” market.
Right now, it seems to be a stackers’ market. The floors are all super thin, the prices are low, and it doesn’t take that many gems to come in like Pac-Man and gobble up some of these comic stacks. It takes so few gems to clear out some of these stacks right now that even I could do it, and I typically don’t spend more than the cost of a Starbucks coffee as a general rule.
Not only that, but more and more people are jumping on the bandwagon when it comes to stacking Uncommons. I think it’s partly because the MCP is better on Uncommons, and partially because some Uncommons have a lower floor price than Commons do. People don’t seem to pay much attention to Uncommon mints after the first twenty-four hours. They also don’t pay attention to the fact that those Uncommons they sold for two dollars a month ago jumped up to six or even eight gems after the burn.
The only people who seem to be paying any attention to them at this point are the whales and the little fish who are just darting up to grab the cheapest comic.
And you know what? I am perfectly okay with that.
As long as there are people that hate Uncommons, I know that I’ll be able to pick up a copy of the latest comic in the market.
Or two.
Or maybe three.