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Let’s talk about supply and demand for a minute lol

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  • CodyAC1234_PSNC Offline
    CodyAC1234_PSNC Offline
    CodyAC1234_PSN
    replied to Guest on last edited by
    #17

    @PAinPA said in Let’s talk about supply and demand for a minute lol:

    @CodyAC1234 said in Let’s talk about supply and demand for a minute lol:

    @MadderBumgarner said in Let’s talk about supply and demand for a minute lol:

    I remember last month someone paid 425k for King Felix the day after the program was released. Strange times. Had to have been a streamer.

    This is mostly what I’m talking about lol it’s crazy how the market works sometimes

    I always buy (if) a week or so before next inning when they are cheapest. but then I grew up before cell phones and computers.

    Maybe that’s it, maybe it’s an age gap thing..I’m in my 30’s and grew up away from all that stuff too so maybe we just aren’t as slavish to instant gratification..it’s a theory anyway

    1 Reply Last reply
    0
  • squishiesgirl_PSNS Offline
    squishiesgirl_PSNS Offline
    squishiesgirl_PSN
    replied to Guest on last edited by
    #18

    @CodyAC1234 said in Let’s talk about supply and demand for a minute lol:

    @squishiesgirl said in Let’s talk about supply and demand for a minute lol:

    @CodyAC1234 said in Let’s talk about supply and demand for a minute lol:

    @MadderBumgarner said in Let’s talk about supply and demand for a minute lol:

    I remember last month someone paid 425k for King Felix the day after the program was released. Strange times. Had to have been a streamer.

    This is mostly what I’m talking about lol it’s crazy how the market works sometimes

    Wow you really do like to "lol" don't ya.

    I’ve never noticed how much I actually type it...that is odd..makes me question my entire existence actually

    Lol

    1 Reply Last reply
    1
  • doomtrain69_PSND Offline
    doomtrain69_PSND Offline
    doomtrain69_PSN
    wrote on last edited by
    #19

    Because it's my dopamine and I need it now!

    1 Reply Last reply
    1
  • adam_sheffieldA Offline
    adam_sheffieldA Offline
    adam_sheffield
    replied to Guest on last edited by
    #20

    @SchnauzerFace said in Let’s talk about supply and demand for a minute lol:

    It’s the same reason why we spend 5 bucks on coffee at Starbucks when we can make it at home, or why we hit up a prostitute when our wives are working late, or why we are happy to just defecate in our pants when the bathroom is 10 feet away: Instant gratification is awesome.

    Lmfaooooo....it's only 5am an I read this way late after originally posted but you sir got my laugh of the day 😂😂

    1 Reply Last reply
    1
  • Renz2003_PSNR Offline
    Renz2003_PSNR Offline
    Renz2003_PSN
    replied to Guest on last edited by
    #21

    @SchnauzerFace said in Let’s talk about supply and demand for a minute lol:

    It’s the same reason why we spend 5 bucks on coffee at Starbucks when we can make it at home, or why we hit up a prostitute when our wives are working late, or why we are happy to just defecate in our pants when the bathroom is 10 feet away: Instant gratification is awesome.

    I would never pay $5 for coffee, I do love hookers and blow though.

    1 Reply Last reply
    2
  • rymflaherty_PSNR Offline
    rymflaherty_PSNR Offline
    rymflaherty_PSN
    wrote on last edited by
    #22

    If you don’t understand the “demand” portion, be thankful that you don’t have any understanding of that sort of obsessive, impulsive, compulsive behavior...
    Realistically it’s what these modes feed off. Taking advantage of that small percentage that can’t control themselves. Usually you think of the corporation doing it, but here it’s other users profiting off it.

    1 Reply Last reply
    0
  • the_dragon1912_PSNT Offline
    the_dragon1912_PSNT Offline
    the_dragon1912_PSN
    wrote on last edited by the_dragon1912_PSN
    #23

    You gotta think alot of people who play this game have never taken an economics/finance class or experienced supply and demand first hand either. A lot of kids play video games

    T 1 Reply Last reply
    0
  • aaronjw76_PSNA Offline
    aaronjw76_PSNA Offline
    aaronjw76_PSN
    replied to Guest on last edited by
    #24

    @squishiesgirl said in Let’s talk about supply and demand for a minute lol:

    @CodyAC1234 said in Let’s talk about supply and demand for a minute lol:

    @MadderBumgarner said in Let’s talk about supply and demand for a minute lol:

    I remember last month someone paid 425k for King Felix the day after the program was released. Strange times. Had to have been a streamer.

    This is mostly what I’m talking about lol it’s crazy how the market works sometimes

    Wow you really do like to "lol" don't ya.

    You're STILL that person, aren't ya?

    squishiesgirl_PSNS 1 Reply Last reply
    0
  • squishiesgirl_PSNS Offline
    squishiesgirl_PSNS Offline
    squishiesgirl_PSN
    replied to Guest on last edited by
    #25

    @aaronjw76 said in Let’s talk about supply and demand for a minute lol:

    @squishiesgirl said in Let’s talk about supply and demand for a minute lol:

    @CodyAC1234 said in Let’s talk about supply and demand for a minute lol:

    @MadderBumgarner said in Let’s talk about supply and demand for a minute lol:

    I remember last month someone paid 425k for King Felix the day after the program was released. Strange times. Had to have been a streamer.

    This is mostly what I’m talking about lol it’s crazy how the market works sometimes

    Wow you really do like to "lol" don't ya.

    You're STILL that person, aren't ya?

    That person that has a sense of humor...yeah that's me

    1 Reply Last reply
    0
  • GerryHeisenbergG Offline
    GerryHeisenbergG Offline
    GerryHeisenberg
    wrote on last edited by
    #26

    I feel u. I have patience so i wouldnt buy an expensive card. I sold Walker for 179k. Im about to get him and Mo combined for way less than that in a week or two. Make stubs that way

    1 Reply Last reply
    0
  • TheMoShow___PSNT Offline
    TheMoShow___PSNT Offline
    TheMoShow___PSN
    replied to Guest on last edited by
    #27

    @SchnauzerFace said in Let’s talk about supply and demand for a minute lol:

    It’s the same reason why we spend 5 bucks on coffee at Starbucks when we can make it at home, or why we hit up a prostitute when our wives are working late, or why we are happy to just defecate in our pants when the bathroom is 10 feet away: Instant gratification is awesome.

    what about when your wife is the prostitute?

    1 Reply Last reply
    1
  • MathMan5072_PSNM Offline
    MathMan5072_PSNM Offline
    MathMan5072_PSN
    wrote on last edited by
    #28

    I think that there are also a lot of players that have more stubs than they know what to do with or they’re not collectors so they don’t have a lot of players locked down.

    1 Reply Last reply
    0
  • T Offline
    T Offline
    trongo_85
    replied to Guest on last edited by
    #29

    @the_dragon1912 said in Let’s talk about supply and demand for a minute lol:

    You gotta think alot of people who play this game have never taken an economics/finance class or experienced supply and demand first hand either. A lot of kids play video games

    Okay, I'll be the nerd to take us there... The concept of supply and demand is actually the answer to the OP. Demand exists on a downward sloping curve, less quantity is demanded the higher the price, but it isn't 0 demand. There are some people (although fewer) who are willing to pay a high price, based on whatever their circumstances are. This market is a pretty decent example of free market economics, if I were a high school economics teacher, I'd probably try to find a way to use it.

    the_dragon1912_PSNT 1 Reply Last reply
    0
  • Speedy44_PSNS Offline
    Speedy44_PSNS Offline
    Speedy44_PSN
    wrote on last edited by
    #30

    YOLO OP. If you got the coins and you like a player you splurge. Just a video game

    1 Reply Last reply
    0
  • T-mac4pro_PSNT Offline
    T-mac4pro_PSNT Offline
    T-mac4pro_PSN
    wrote on last edited by
    #31

    I'm surprised Ortiz and Walker aren't tanking in price more. Rivera will likely stay around 100k but I thought with the flood of TA 3 players to the market yesterday that the other two would drop down to the 70k range. Trying to hold off buying them but it's getting tough.

    1 Reply Last reply
    0
  • the_dragon1912_PSNT Offline
    the_dragon1912_PSNT Offline
    the_dragon1912_PSN
    replied to Guest on last edited by
    #32

    @trongo_85 said in Let’s talk about supply and demand for a minute lol:

    @the_dragon1912 said in Let’s talk about supply and demand for a minute lol:

    You gotta think alot of people who play this game have never taken an economics/finance class or experienced supply and demand first hand either. A lot of kids play video games

    Okay, I'll be the nerd to take us there... The concept of supply and demand is actually the answer to the OP. Demand exists on a downward sloping curve, less quantity is demanded the higher the price, but it isn't 0 demand. There are some people (although fewer) who are willing to pay a high price, based on whatever their circumstances are. This market is a pretty decent example of free market economics, if I were a high school economics teacher, I'd probably try to find a way to use it.

    I graduated with an Accounting degree so I know how it works. I was just more saying why these kind of things happen

    T 1 Reply Last reply
    0
  • T Offline
    T Offline
    trongo_85
    replied to Guest on last edited by
    #33

    @the_dragon1912 said in Let’s talk about supply and demand for a minute lol:

    @trongo_85 said in Let’s talk about supply and demand for a minute lol:

    @the_dragon1912 said in Let’s talk about supply and demand for a minute lol:

    You gotta think alot of people who play this game have never taken an economics/finance class or experienced supply and demand first hand either. A lot of kids play video games

    Okay, I'll be the nerd to take us there... The concept of supply and demand is actually the answer to the OP. Demand exists on a downward sloping curve, less quantity is demanded the higher the price, but it isn't 0 demand. There are some people (although fewer) who are willing to pay a high price, based on whatever their circumstances are. This market is a pretty decent example of free market economics, if I were a high school economics teacher, I'd probably try to find a way to use it.

    I graduated with an Accounting degree so I know how it works. I was just more saying why these kind of things happen

    Yeah, I wasn't questioning you as much as using your reply as a time to chime in!

    1 Reply Last reply
    0
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