Routinely buying Stamps low and selling high to eventually buy your win
doesn't feel very interesting to me (but I'm doing it myself because it's
just the best thing to do rn). It's just sitting and getting your loyalty
card stamped and then getting rewarded for it.

On Tue, Sep 12, 2017 at 8:52 AM, Kerim Aydin <ke...@u.washington.edu> wrote:

>
>
> On Tue, 12 Sep 2017, Owen Jacobson wrote:
> > This is the core of G.’s protest: there’s nothing to drive transaction
> volume,
> > so prices sink inexorably towards the lowest value they _can_ reach.
>
> Seeing the recent fluctuation, Stamp speculation seems like a nice ride to
> jump
> on, especially since if you buy a stamp low, you then want to spend
> additional
> shinies to drive the price up.  A monthly stamp is too low volume to
> support
> speculation, maybe make a different Series (a bond) with a faster creation
> rate
> (but no Win attached).
>
>
>

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