fusion0001
New Member
๐จ๏ธ 146
๐๐ป 415
November 2019
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Banksy - May June 2021 PRINT AUCTIONS, by fusion0001 on Jun 10, 2021 18:32:00 GMT 1, fusion0001 - perhaps think about ... adding condition reports to your ... database ? Its actually implemented just a week or two ago If you open individual print data you can scroll down and see condition grading. If you click the grade you can see the actual report. This is only available for some results as I am still collecting the data!
fusion0001 - perhaps think about ... adding condition reports to your ... database ? Its actually implemented just a week or two ago If you open individual print data you can scroll down and see condition grading. If you click the grade you can see the actual report. This is only available for some results as I am still collecting the data!
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gross
New Member
๐จ๏ธ 180
๐๐ป 93
January 2020
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Banksy - May June 2021 PRINT AUCTIONS, by gross on Jun 10, 2021 18:32:57 GMT 1, Updated www.Banksy-Value.com BPI index: total drop of -2.48% in June so far. Seems fairly low due to a few passes and a few genuinely good results that balanced things out.
๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ
Updated www.Banksy-Value.com BPI index: total drop of -2.48% in June so far. Seems fairly low due to a few passes and a few genuinely good results that balanced things out. ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ
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fusion0001
New Member
๐จ๏ธ 146
๐๐ป 415
November 2019
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Banksy - May June 2021 PRINT AUCTIONS, by fusion0001 on Jun 10, 2021 18:52:52 GMT 1, Updated www.Banksy-Value.com BPI index: total drop of -2.48% in June so far. Seems fairly low due to a few passes and a few genuinely good results that balanced things out. ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ It didnt feel right to me also, but keep in mind this is on top of the whatever 20%ish decline already accounted for in last months index decline. But anyway here is my own simplified cross-check to make sure the numbers are right.
Updated www.Banksy-Value.com BPI index: total drop of -2.48% in June so far. Seems fairly low due to a few passes and a few genuinely good results that balanced things out. ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ๐คฃ It didnt feel right to me also, but keep in mind this is on top of the whatever 20%ish decline already accounted for in last months index decline. But anyway here is my own simplified cross-check to make sure the numbers are right.
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Matt
Junior Member
๐จ๏ธ 2,357
๐๐ป 3,449
September 2014
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Banksy - May June 2021 PRINT AUCTIONS, by Matt on Jun 10, 2021 19:32:12 GMT 1, I'm now here to read the excuses why it went bad. Please don't play the "condition issue" card. That gets boring.
Nothing is quite as boring as your drivel
Most people here, like myself, paid a few quid / a few grand for their Girl With Balloon or Choose Your Weapon, so whether they hammered at 98k or 150k makes no fโn difference
If they are worth 0 tomorrow it also makes no fโn difference...
The only people who are worried are Johhny come lately investors and bitter muppets such as yourself
I'm now here to read the excuses why it went bad. Please don't play the "condition issue" card. That gets boring. Nothing is quite as boring as your drivel Most people here, like myself, paid a few quid / a few grand for their Girl With Balloon or Choose Your Weapon, so whether they hammered at 98k or 150k makes no fโn difference If they are worth 0 tomorrow it also makes no fโn difference... The only people who are worried are Johhny come lately investors and bitter muppets such as yourself
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Deleted
๐จ๏ธ 0
๐๐ป
January 1970
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Banksy - May June 2021 PRINT AUCTIONS, by Deleted on Jun 10, 2021 19:39:15 GMT 1, I'm now here to read the excuses why it went bad. Please don't play the "condition issue" card. That gets boring. Nothing is quite as boring as your drivel Most people here, like myself, paid a few quid / a few grand (for their Girl With Balloon or Choose Your Weapon, so whether they hammered at 98k or 150k makes no fโn difference If they are worth 0 tomorrow it also makes no fโn difference... The only people who are worried are Johhny come lately investors and bitter muppets such as yourself
This
I'm now here to read the excuses why it went bad. Please don't play the "condition issue" card. That gets boring. Nothing is quite as boring as your drivel Most people here, like myself, paid a few quid / a few grand (for their Girl With Balloon or Choose Your Weapon, so whether they hammered at 98k or 150k makes no fโn difference If they are worth 0 tomorrow it also makes no fโn difference... The only people who are worried are Johhny come lately investors and bitter muppets such as yourself This
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JFCC
New Member
๐จ๏ธ 390
๐๐ป 394
May 2020
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Banksy - May June 2021 PRINT AUCTIONS, by JFCC on Jun 10, 2021 21:29:09 GMT 1, Wow there's some seriously negative vibes here and certainly not a useful debate, alongside some of the oddest conspiracy posts I've read for a while.
So yes the market has reset but by no stretch of the imagination has it crashed. The market operates like all markets, it's governed by simple economics. If there is too much supply allied to a change in investor profile the price will react. It is no different to the stock market and the pricing of popular stocks. Share prices will peak, they will fall back, they move up and move down. If there are no buyers the market makers move the price down even where there is no news or no basis to do so. It's the same in the Art world. Yes there have been some pretty shabby prints come through and at the peak of the market it will not matter, but as supply exceeds demand it will have a disproportionate impact on the price. Girl With Balloon today was both poor and massively over sold in the last 18 months.
In 2020 there was a lot of pent up demand, this was allied to short supply so prices escalated. There were and still are certain prints that had never been seen on the market for years. As the more mainstream prints appeared to meet the pent up demand, so appeared the rarer prints, creating more interest, and so more mainstream prints appeared and ultimate as buyers capacity was filled and the market peaked. However at this point even more original investors wanted to sell but there wasn't the demand. As the demand curve normalises buyers are fewer and more discerning.
So we get a reset of sorts, not sure why there's the need to gloat so much, empathy and support is more normal human reaction I would have thought? Will the reset last another 6 months or 18 months, nobody knows but I have seen the same happen with many more of the long term established artists where the prices fall to come back and reach and exceed levels seen before. That was in the days long before the likes of Maddox et all were selling art as an investment proposition.
This month I have seen galleries still comfortably moving Banksy works towards top end pricing. Some of the prices today were pretty strong and yes a couple low with some passes. Passes are not abnormal in auction, just follow the last 5 years of Hirst and Hockney sales.
My view is we are are somewhere around September 2020 prices which is still a pretty good place to be. If you are brave you'll play the downward market or hold...I know this is not for some of the brethren here just want to sit on the sidelines and howl at the moon that we are doomed and Banksy is a fraud. Well you are, we are, all entitled to our view but you no doubt believe Bill Gates invented COVID to sell vaccines.
Forum is a good dilligent house, they have not pulled lots and only sell PC authenticated prints there's no conspiracy there!
If you have no skin in the game stop complaining and bore off!!
Wow there's some seriously negative vibes here and certainly not a useful debate, alongside some of the oddest conspiracy posts I've read for a while.
So yes the market has reset but by no stretch of the imagination has it crashed. The market operates like all markets, it's governed by simple economics. If there is too much supply allied to a change in investor profile the price will react. It is no different to the stock market and the pricing of popular stocks. Share prices will peak, they will fall back, they move up and move down. If there are no buyers the market makers move the price down even where there is no news or no basis to do so. It's the same in the Art world. Yes there have been some pretty shabby prints come through and at the peak of the market it will not matter, but as supply exceeds demand it will have a disproportionate impact on the price. Girl With Balloon today was both poor and massively over sold in the last 18 months.
In 2020 there was a lot of pent up demand, this was allied to short supply so prices escalated. There were and still are certain prints that had never been seen on the market for years. As the more mainstream prints appeared to meet the pent up demand, so appeared the rarer prints, creating more interest, and so more mainstream prints appeared and ultimate as buyers capacity was filled and the market peaked. However at this point even more original investors wanted to sell but there wasn't the demand. As the demand curve normalises buyers are fewer and more discerning.
So we get a reset of sorts, not sure why there's the need to gloat so much, empathy and support is more normal human reaction I would have thought? Will the reset last another 6 months or 18 months, nobody knows but I have seen the same happen with many more of the long term established artists where the prices fall to come back and reach and exceed levels seen before. That was in the days long before the likes of Maddox et all were selling art as an investment proposition.
This month I have seen galleries still comfortably moving Banksy works towards top end pricing. Some of the prices today were pretty strong and yes a couple low with some passes. Passes are not abnormal in auction, just follow the last 5 years of Hirst and Hockney sales.
My view is we are are somewhere around September 2020 prices which is still a pretty good place to be. If you are brave you'll play the downward market or hold...I know this is not for some of the brethren here just want to sit on the sidelines and howl at the moon that we are doomed and Banksy is a fraud. Well you are, we are, all entitled to our view but you no doubt believe Bill Gates invented COVID to sell vaccines.
Forum is a good dilligent house, they have not pulled lots and only sell PC authenticated prints there's no conspiracy there!
If you have no skin in the game stop complaining and bore off!!
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anodyne13
New Member
๐จ๏ธ 432
๐๐ป 212
April 2008
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Banksy - May June 2021 PRINT AUCTIONS, by anodyne13 on Jun 10, 2021 21:41:50 GMT 1, The reality is no one knows squat about which way Banksy prices will go one way or the other. Anyone who claims to is either a fool or a liar. So everyone should feel free to talk prices up or talk prices down because they are forming opinions on the exact same non-predictive information (or lack there of).
The reality is no one knows squat about which way Banksy prices will go one way or the other. Anyone who claims to is either a fool or a liar. So everyone should feel free to talk prices up or talk prices down because they are forming opinions on the exact same non-predictive information (or lack there of).
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Stonetown
New Member
๐จ๏ธ 224
๐๐ป 154
July 2019
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Banksy - May June 2021 PRINT AUCTIONS, by Stonetown on Jun 10, 2021 22:12:10 GMT 1, Wow there's some seriously negative vibes here and certainly not a useful debate, alongside some of the oddest conspiracy posts I've read for a while. So yes the market has reset but by no stretch of the imagination has it crashed. The market operates like all markets, it's governed by simple economics. If there is too much supply allied to a change in investor profile the price will react. It is no different to the stock market and the pricing of popular stocks. Share prices will peak, they will fall back, they move up and move down. If there are no buyers the market makers move the price down even where there is no news or no basis to do so. It's the same in the Art world. Yes there have been some pretty shabby prints come through and at the peak of the market it will not matter, but as supply exceeds demand it will have a disproportionate impact on the price. Girl With Balloon today was both poor and massively over sold in the last 18 months. In 2020 there was a lot of pent up demand, this was allied to short supply so prices escalated. There were and still are certain prints that had never been seen on the market for years. As the more mainstream prints appeared to meet the pent up demand, so appeared the rarer prints, creating more interest, and so more mainstream prints appeared and ultimate as buyers capacity was filled and the market peaked. However at this point even more original investors wanted to sell but there wasn't the demand. As the demand curve normalises buyers are fewer and more discerning. So we get a reset of sorts, not sure why there's the need to gloat so much, empathy and support is more normal human reaction I would have thought? Will the reset last another 6 months or 18 months, nobody knows but I have seen the same happen with many more of the long term established artists where the prices fall to come back and reach and exceed levels seen before. That was in the days long before the likes of Maddox et all were selling art as an investment proposition. This month I have seen galleries still comfortably moving Banksy works towards top end pricing. Some of the prices today were pretty strong and yes a couple low with some passes. Passes are not abnormal in auction, just follow the last 5 years of Hirst and Hockney sales. My view is we are are somewhere around September 2020 prices which is still a pretty good place to be. If you are brave you'll play the downward market or hold...I know this is not for some of the brethren here just want to sit on the sidelines and howl at the moon that we are doomed and Banksy is a fraud. Well you are we are all entitled to our view but then as you no doubt believe Bill Gates invested COVID to sell vaccines. Forum is a good dilligent house, they have not pulled lots and only sell PC authenticated prints there's no conspiracy there! If you have no skin in the game stop complaining and bore off!! ^well said.
Wow there's some seriously negative vibes here and certainly not a useful debate, alongside some of the oddest conspiracy posts I've read for a while. So yes the market has reset but by no stretch of the imagination has it crashed. The market operates like all markets, it's governed by simple economics. If there is too much supply allied to a change in investor profile the price will react. It is no different to the stock market and the pricing of popular stocks. Share prices will peak, they will fall back, they move up and move down. If there are no buyers the market makers move the price down even where there is no news or no basis to do so. It's the same in the Art world. Yes there have been some pretty shabby prints come through and at the peak of the market it will not matter, but as supply exceeds demand it will have a disproportionate impact on the price. Girl With Balloon today was both poor and massively over sold in the last 18 months. In 2020 there was a lot of pent up demand, this was allied to short supply so prices escalated. There were and still are certain prints that had never been seen on the market for years. As the more mainstream prints appeared to meet the pent up demand, so appeared the rarer prints, creating more interest, and so more mainstream prints appeared and ultimate as buyers capacity was filled and the market peaked. However at this point even more original investors wanted to sell but there wasn't the demand. As the demand curve normalises buyers are fewer and more discerning. So we get a reset of sorts, not sure why there's the need to gloat so much, empathy and support is more normal human reaction I would have thought? Will the reset last another 6 months or 18 months, nobody knows but I have seen the same happen with many more of the long term established artists where the prices fall to come back and reach and exceed levels seen before. That was in the days long before the likes of Maddox et all were selling art as an investment proposition. This month I have seen galleries still comfortably moving Banksy works towards top end pricing. Some of the prices today were pretty strong and yes a couple low with some passes. Passes are not abnormal in auction, just follow the last 5 years of Hirst and Hockney sales. My view is we are are somewhere around September 2020 prices which is still a pretty good place to be. If you are brave you'll play the downward market or hold...I know this is not for some of the brethren here just want to sit on the sidelines and howl at the moon that we are doomed and Banksy is a fraud. Well you are we are all entitled to our view but then as you no doubt believe Bill Gates invested COVID to sell vaccines. Forum is a good dilligent house, they have not pulled lots and only sell PC authenticated prints there's no conspiracy there! If you have no skin in the game stop complaining and bore off!! ^well said.
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Banksy - May June 2021 PRINT AUCTIONS, by The Italian One on Jun 11, 2021 7:39:07 GMT 1, Wow there's some seriously negative vibes here and certainly not a useful debate, alongside some of the oddest conspiracy posts I've read for a while. So yes the market has reset but by no stretch of the imagination has it crashed. The market operates like all markets, it's governed by simple economics. If there is too much supply allied to a change in investor profile the price will react. It is no different to the stock market and the pricing of popular stocks. Share prices will peak, they will fall back, they move up and move down. If there are no buyers the market makers move the price down even where there is no news or no basis to do so. It's the same in the Art world. Yes there have been some pretty shabby prints come through and at the peak of the market it will not matter, but as supply exceeds demand it will have a disproportionate impact on the price. Girl With Balloon today was both poor and massively over sold in the last 18 months. In 2020 there was a lot of pent up demand, this was allied to short supply so prices escalated. There were and still are certain prints that had never been seen on the market for years. As the more mainstream prints appeared to meet the pent up demand, so appeared the rarer prints, creating more interest, and so more mainstream prints appeared and ultimate as buyers capacity was filled and the market peaked. However at this point even more original investors wanted to sell but there wasn't the demand. As the demand curve normalises buyers are fewer and more discerning. So we get a reset of sorts, not sure why there's the need to gloat so much, empathy and support is more normal human reaction I would have thought? Will the reset last another 6 months or 18 months, nobody knows but I have seen the same happen with many more of the long term established artists where the prices fall to come back and reach and exceed levels seen before. That was in the days long before the likes of Maddox et all were selling art as an investment proposition. This month I have seen galleries still comfortably moving Banksy works towards top end pricing. Some of the prices today were pretty strong and yes a couple low with some passes. Passes are not abnormal in auction, just follow the last 5 years of Hirst and Hockney sales. My view is we are are somewhere around September 2020 prices which is still a pretty good place to be. If you are brave you'll play the downward market or hold...I know this is not for some of the brethren here just want to sit on the sidelines and howl at the moon that we are doomed and Banksy is a fraud. Well you are, we are, all entitled to our view but you no doubt believe Bill Gates invented COVID to sell vaccines. Forum is a good dilligent house, they have not pulled lots and only sell PC authenticated prints there's no conspiracy there! If you have no skin in the game stop complaining and bore off!! nice we can still read some clever and knowledge post
Wow there's some seriously negative vibes here and certainly not a useful debate, alongside some of the oddest conspiracy posts I've read for a while. So yes the market has reset but by no stretch of the imagination has it crashed. The market operates like all markets, it's governed by simple economics. If there is too much supply allied to a change in investor profile the price will react. It is no different to the stock market and the pricing of popular stocks. Share prices will peak, they will fall back, they move up and move down. If there are no buyers the market makers move the price down even where there is no news or no basis to do so. It's the same in the Art world. Yes there have been some pretty shabby prints come through and at the peak of the market it will not matter, but as supply exceeds demand it will have a disproportionate impact on the price. Girl With Balloon today was both poor and massively over sold in the last 18 months. In 2020 there was a lot of pent up demand, this was allied to short supply so prices escalated. There were and still are certain prints that had never been seen on the market for years. As the more mainstream prints appeared to meet the pent up demand, so appeared the rarer prints, creating more interest, and so more mainstream prints appeared and ultimate as buyers capacity was filled and the market peaked. However at this point even more original investors wanted to sell but there wasn't the demand. As the demand curve normalises buyers are fewer and more discerning. So we get a reset of sorts, not sure why there's the need to gloat so much, empathy and support is more normal human reaction I would have thought? Will the reset last another 6 months or 18 months, nobody knows but I have seen the same happen with many more of the long term established artists where the prices fall to come back and reach and exceed levels seen before. That was in the days long before the likes of Maddox et all were selling art as an investment proposition. This month I have seen galleries still comfortably moving Banksy works towards top end pricing. Some of the prices today were pretty strong and yes a couple low with some passes. Passes are not abnormal in auction, just follow the last 5 years of Hirst and Hockney sales. My view is we are are somewhere around September 2020 prices which is still a pretty good place to be. If you are brave you'll play the downward market or hold...I know this is not for some of the brethren here just want to sit on the sidelines and howl at the moon that we are doomed and Banksy is a fraud. Well you are, we are, all entitled to our view but you no doubt believe Bill Gates invented COVID to sell vaccines. Forum is a good dilligent house, they have not pulled lots and only sell PC authenticated prints there's no conspiracy there! If you have no skin in the game stop complaining and bore off!! nice we can still read some clever and knowledge post
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Banksy - May June 2021 PRINT AUCTIONS, by The Italian One on Jun 11, 2021 7:41:37 GMT 1, BTW
PF sold for more than LIITA... I always said this will happen but not that soon
BTW
PF sold for more than LIITA... I always said this will happen but not that soon
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Unica
Junior Member
๐จ๏ธ 2,076
๐๐ป 1,232
November 2013
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Banksy - May June 2021 PRINT AUCTIONS, by Unica on Jun 11, 2021 7:49:07 GMT 1, Does anyone have a condition report on the LIITA? I've been told it was awful just like the GWB, which was a dogs dinner but I haven't got confirmation of that.
Does anyone have a condition report on the LIITA? I've been told it was awful just like the GWB, which was a dogs dinner but I haven't got confirmation of that.
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bob60
New Member
๐จ๏ธ 238
๐๐ป 152
May 2014
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Banksy - May June 2021 PRINT AUCTIONS, by bob60 on Jun 11, 2021 7:51:46 GMT 1, Winchester, I can't believe how often you come on this forum purely to post negative comments. You don't like Banksy, we get it. You think his prices are dropping and will continue to drop, we get it. But it is so boring to read over and over again. You also seem to be keen to query the fact there are condition issues which affect pricing in the market. Lots of the older Banksy prints in auctions have conditions issues, that's why they get sold in auction and not face to face or by a gallery, because some stupid/lazy people don't bother to read condition reports and bid anyway and the prints are sold as seen on the day. The Rude Copper in this auction had a chunk of fading/discolouration at the top of the print, quite a big section that would be noticeable even when framed. I've no idea if it affected the hammer price but most collectors on here would reject it in a face to face deal. As a Banksy fan, I'm angry and feel ripped off, and all of you guys should too. Banksy has to answer some serious allegations, that's a fact. "Lots of the older Banksy prints in auctions have conditions issues, that's why they get sold in auction" - with this theory, you basically admit that the condition of a print isn't the reason why the last auctions went so bad - as the auctioned prints that went high must have had condition problems too, right? Please take your anger elsewhere, we are bored with you and your constant negativity.
Winchester, I can't believe how often you come on this forum purely to post negative comments. You don't like Banksy, we get it. You think his prices are dropping and will continue to drop, we get it. But it is so boring to read over and over again. You also seem to be keen to query the fact there are condition issues which affect pricing in the market. Lots of the older Banksy prints in auctions have conditions issues, that's why they get sold in auction and not face to face or by a gallery, because some stupid/lazy people don't bother to read condition reports and bid anyway and the prints are sold as seen on the day. The Rude Copper in this auction had a chunk of fading/discolouration at the top of the print, quite a big section that would be noticeable even when framed. I've no idea if it affected the hammer price but most collectors on here would reject it in a face to face deal. As a Banksy fan, I'm angry and feel ripped off, and all of you guys should too. Banksy has to answer some serious allegations, that's a fact. "Lots of the older Banksy prints in auctions have conditions issues, that's why they get sold in auction" - with this theory, you basically admit that the condition of a print isn't the reason why the last auctions went so bad - as the auctioned prints that went high must have had condition problems too, right? Please take your anger elsewhere, we are bored with you and your constant negativity.
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JFCC
New Member
๐จ๏ธ 390
๐๐ป 394
May 2020
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Banksy - May June 2021 PRINT AUCTIONS, by JFCC on Jun 11, 2021 8:21:39 GMT 1, LIITA u/s was in good condition, barely noticeable scuff across the arm and shoulder and 3 soft handling creases all imperfections were only visible in raking light. Conservation would have made it excellent in my view.
LIITA u/s was in good condition, barely noticeable scuff across the arm and shoulder and 3 soft handling creases all imperfections were only visible in raking light. Conservation would have made it excellent in my view.
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woodman
New Member
๐จ๏ธ 236
๐๐ป 216
June 2017
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Banksy - May June 2021 PRINT AUCTIONS, by woodman on Jun 11, 2021 12:14:35 GMT 1, "So we get a reset of sorts, not sure why there's the need to gloat so much, empathy and support is more normal human reaction I would have thought"?
The answer to that part is pretty simple - it's envy. Plenty of people would rather see others lose money, as for some bizarre reason it makes them feel better and happy, usually because of their own failures.
"So we get a reset of sorts, not sure why there's the need to gloat so much, empathy and support is more normal human reaction I would have thought"?
The answer to that part is pretty simple - it's envy. Plenty of people would rather see others lose money, as for some bizarre reason it makes them feel better and happy, usually because of their own failures.
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