Request to Return Long Term Investing via Back Orders
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I am here to request that SDS reconsider their "patch" to back orders. This mechanic has been in the game as long as I can remember and has been a very useful investment tool for those who are savvy enough (and patient enough) to use it. There are drawbacks for those investing: stubs are tied up fairly long term and those buy orders can always slow down if the card goes up even further, but patience leads to long term gain.
I must say that I personally see no good reason to take away this investment method. It is just as speculative as regular investment and you may be left holding the bag on an eventual crash if the card doesn't hit.
I am humbly asking that this decision be reconsidered and that back orders be returned.
To clarify a point that has been brought up: I completely agree that the seller should not be short changed in this scenario either. I believe the better solution to the problem would be to continue to honor these investments, but simply either a) connect all Quick Sells for these cards to the next buy order available or b) simply compensate the seller for the difference to quick sell. While I realize this could get complicated, I believe it would better honor this investment strategy that has been around a long time while still solving the issue of the seller being short changed because of their mistake. Both parties can benefit!
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Wow,Google translate really is amazing.
This is how this post reads after being filtered by translate.
We are very unhappy that we can no longer rip people off by listing for less than the minimum and taking advantage of the gullible and those unaware of how it works.please give us back the ability to steal from these people so we can have a sense of contentment again -
@PAinPA_PSN I have to say that I feel like this is a horribly unfair assumption to make. As noted, anyone can do this, even those who make the mistake later on down the line. Even I've made that slip once or twice! It does happen.
Perhaps there's a way to meet this in the middle, where the seller gets full quick sell value as compensation, but the patient investor gets the card at a discount in exchange for the patience. Feels like a fair solution for all involved, no?
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@PAinPA_PSN said in Request to Return Long Term Investing via Back Orders:
Wow,Google translate really is amazing.
This is how this post reads after being filtered by translate.
We are very unhappy that we can no longer rip people off by listing for less than the minimum and taking advantage of the gullible and those unaware of how it works.please give us back the ability to steal from these people so we can have a sense of contentment againEdit: I know there are those who will read into this other than what was intended so I will be clear: I don't condone or approve of this behavior (especially after all my time in retail) and am glad this change was made,it was long overdue
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@PAinPA_PSN once again, I feel you're being unfair as to my position. I think a compromise to compensate those who make that slip would be a great idea.
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@ShDynasty1227_XBL said in Request to Return Long Term Investing via Back Orders:
To clarify a point that has been brought up: I completely agree that the seller should not be short changed in this scenario either. I believe the better solution to the problem would be to continue to honor these investments, but simply either a) connect all Quick Sells for these cards to the next buy order available or b) simply compensate the seller for the difference to quick sell. While I realize this could get complicated, I believe it would better honor this investment strategy that has been around a long time while still solving the issue of the seller being short changed because of their mistake. Both parties can benefit!
Yeah right. I got a better solution. Hand out 3M stubs to anybody every 2-3 weeks. That will definitely not drive up prices AND everybody benefits from it.
Wait? Anybody?You could even take out this idea to the real world. Hand out everybody vouchers at walmart to get thing for free. Nobody will have a disadvantage. Nobody? Really?
Seriously: You specifically want SDS to give out stubs for free and only having 2 players benefit from it. Are you realizing that this is a company? Their business model consists of selling the game, marketing and making money because people want to have stubs. You do not have to buy them but if you have any business mind in your head: Don‘t you think that they have a right to go after their business.
I think that this also helps out us, because more stubs mean higher prices (you will see that tonight from the „honest“ investors … those who have hundreds of say Corbin Carroll … you can still do that)
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@ShDynasty1227_XBL said in Request to Return Long Term Investing via Back Orders:
I must say that I personally see no good reason to take away this investment method. It is just as speculative as regular investment and you may be left holding the bag on an eventual crash if the card doesn't hit.
This is, in no way, an "investment", nor is it "speculative". This only impacts order that have ALREADY hit. If the card doesn't go up, the orders aren't cancelled. This method was basically drop-ship scalping. You were only buying the product low AFTER you had already sold it high. It needed to go, and it needed to go a decade ago, and it most certainly is never coming back, nor should it.
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How about you do a little research, focus on who is most likely to rise on overall and invest in them while their price is cheap? I have been doing that and currently have over 200 Corbin Carrols, Kwans,Langford and Hoffman. All should go diamond based on past practice by sds and their current stats. I also pitchers flipped my way to completing the live series two weeks ago. The app makes this easy and can be done nearly anywhere and is less cringy.
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Wait. What forced people to sell at less than value? Whenever I try to buy a card for 5 stubs it tells me I have to raise my bid to quick sell. What does this update change?
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Let’s say a card is currently an 84, the quick sell value is 1500. Under the old way you could predict him going to diamond and place an exorbitant amount of orders from 1501 up. You then see that player updated to 85 Diamond, making his quick sell value 3,000. Your orders stay at 1501 and people moving cards in a hurry sell them to you at 1501. This update will wipe all orders below current quick sell value out automatically. Cringy exploitation that was way overdue for a change.
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What does exploring have to do with this?
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@theBlindRhino_PSN Autocorrect changed the word. Context clues should have keyed you in, but I understand.
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Seems the only people being exploited are people ripping packs and selling things without thinking.
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@LHUBison58_XBL I have done both for years, so no worries there!
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@mietha_PSN I am slightly confused on this argument, admittedly. There is still speculation at hand. There was an incident with Lance Lynn I don't know how many years back where I had this happen. He seemed like a sure thing, orders filled, he didn't go and I don't think he did all year. That is a risk. I will grant you that it's a small risk, but it is a risk nonetheless.
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@YOSHI24_XBL This has been a thing for years at this point and I've never seen back orders be a sole source of market inflation. Have you? I am asking honestly here, because usually I see that associated with stub sales or, yes, regular investments, but not with back orders that trickle in over weeks or even months. If there were hard evidence on that, I could go with you and retract my request, but I've not seen evidence of that personally.
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@ShDynasty1227_XBL That is not a risk. You just cancel the orders. if the player doesn't go up. This method of making stubs had major draw backs. It was time consuming and relied on the stupidity of others. I find it is faster to just flip diamond equipment once my stub balance is over a million. Most dedicated NMS already have completed the Live Series so it wasn't the only method. The only losers here were SDS, who are well within their right to change this, and people who don't like math or reading...or proof reading to make sure auto correct doesn't alter what they intend to say thus saying things that don't make sense.
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@theBlindRhino_PSN you're right that there are a ton of ways. I personally use a lot of them too, so no worries.
I've already suggested a way that prevents people who make that mistake from losing out, so that is a moot point.
I would argue also that this change would mean that SDS doesn't lose out, as they retain good will among their NMS userbase who used this method over the years while also fixing the problem it caused.
It would be more work, but I believe it would be worth it so no one has to lose out.
Oh and on the risk, I've seen buy orders dry up fast enough that it's easy to miss the window to cancel. But you are right that it is pretty low risk.
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@ShDynasty1227_XBL I just think it is important to cater life to those unwilling or unable to think for themselves.
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@theBlindRhino_PSN I'm afraid I don't understand what you're saying.
