Can Anyone Explain This Crash?
-
@eatyum_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
Everyone that prepared for the collection in advance got destroyed on this. The random dude that can barely get to a million stubs was able to get some players they typically couldn’t afford.
Investors and people that play the market and not the game got absolutely destroyed.
Really just investors, I play the market quite a bit, but I never carry excess inventory, I get stuff that sells fast. Even with cheaper prices the margins are still there so it's status quo for me.
Though I won't be flipping anymore with the new collection coming out as I won't have a reason to the rest of the year
It hurt what I was flipping, I believe it is because people were not selling there duplicates and now they are so I just have to wait that out and then the cards I was flipping will go back up. There was an unlockable diamond that I was buying for 23k and selling for over 70k and now that diamond is selling less than 2k.
-
@dbarmonstar_psn said in Can Anyone Explain This Crash?:
@eatyum_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
Everyone that prepared for the collection in advance got destroyed on this. The random dude that can barely get to a million stubs was able to get some players they typically couldn’t afford.
Investors and people that play the market and not the game got absolutely destroyed.
Really just investors, I play the market quite a bit, but I never carry excess inventory, I get stuff that sells fast. Even with cheaper prices the margins are still there so it's status quo for me.
Though I won't be flipping anymore with the new collection coming out as I won't have a reason to the rest of the year
It hurt what I was flipping, I believe it is because people were not selling there duplicates and now they are so I just have to wait that out and then the cards I was flipping will go back up. There was an unlockable diamond that I was buying for 23k and selling for over 70k and now that diamond is selling less than 2k.
Ah, I mainly have been flipping flashbacks and legends because everyone is preparing for the collection, so that's where I felt the most $ was.
-
@eatyum_psn said in Can Anyone Explain This Crash?:
@dbarmonstar_psn said in Can Anyone Explain This Crash?:
@eatyum_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
Everyone that prepared for the collection in advance got destroyed on this. The random dude that can barely get to a million stubs was able to get some players they typically couldn’t afford.
Investors and people that play the market and not the game got absolutely destroyed.
Really just investors, I play the market quite a bit, but I never carry excess inventory, I get stuff that sells fast. Even with cheaper prices the margins are still there so it's status quo for me.
Though I won't be flipping anymore with the new collection coming out as I won't have a reason to the rest of the year
It hurt what I was flipping, I believe it is because people were not selling there duplicates and now they are so I just have to wait that out and then the cards I was flipping will go back up. There was an unlockable diamond that I was buying for 23k and selling for over 70k and now that diamond is selling less than 2k.
Ah, I mainly have been flipping flashbacks and legends because everyone is preparing for the collection, so that's where I felt the most $ was.
I been flipping Unlockables faithfully the last 5 month that is how i am getting close of having all legends and flashbacks. The Diamonds have been great and some of the golds move super fast especially the week before the crash. It has now slowed down on the size of profit.
-
@eatyum_psn said in Can Anyone Explain This Crash?:
@dbarmonstar_psn said in Can Anyone Explain This Crash?:
@eatyum_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
Everyone that prepared for the collection in advance got destroyed on this. The random dude that can barely get to a million stubs was able to get some players they typically couldn’t afford.
Investors and people that play the market and not the game got absolutely destroyed.
Really just investors, I play the market quite a bit, but I never carry excess inventory, I get stuff that sells fast. Even with cheaper prices the margins are still there so it's status quo for me.
Though I won't be flipping anymore with the new collection coming out as I won't have a reason to the rest of the year
It hurt what I was flipping, I believe it is because people were not selling there duplicates and now they are so I just have to wait that out and then the cards I was flipping will go back up. There was an unlockable diamond that I was buying for 23k and selling for over 70k and now that diamond is selling less than 2k.
Ah, I mainly have been flipping flashbacks and legends because everyone is preparing for the collection, so that's where I felt the most $ was.
I made 1 million is stubs in one day flipping certain unlockables either Sat or Sun before the Market crash. It was a thing of beauty.
-
@dbarmonstar_psn said in Can Anyone Explain This Crash?:
Nice! I've never really ventured into that part of the market or made that in a day, but I made about 250k-400k an hour this past couple weeks when I did flip. How much time would you say you spent flipping?
-
@dbarmonstar_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
@suntlacrimae50_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
Everyone that prepared for the collection in advance got destroyed on this. The random dude that can barely get to a million stubs was able to get some players they typically couldn’t afford.
Investors and people that play the market and not the game got absolutely destroyed.
Really the only quote that matters in this whole thread. So true. I bought Kluber at the beginning of the tank for like 325K. That hurts. But it's all good. I've got what I need for the big one. I think.
I got hurt pretty bad also, but I figure if I’m locking the cards anyways who cares. I have more players then I can use anyways.
Mainly I’m looking for extreme pull hitters with 90 plus fielding, reaction, and arm along with 99 speed at this point.
I went on a huge spending a week before the crash if I would have waited I could have got double the cards and would put me closer to have all the legends and flashbacks so yeah that hurt. it is ok I got what I wanted just sucks the market crashed this bad,
I did the same thing….I had 5 million and figured I’d be extra prepared for the collection haha. Worst possible move I could have made.
-
I totally love how much intrigue and debate this has sparked. I also have been buying cards at a steady rate long before the crash and could have saved a few million had I known this was coming. However, as soon as the market did crash. I started flipping milestones like Kemp, Yelich and Hamels and made a killing.
Won't get into an economics debate as I was an english and theatre major and I see no sonnets present. I could see the possibility of market manipulation but I also am not at all surprised if it's just a case of people dumping all dupes to get their hands on the new Finest. I imagine the market will stabilize by Sunday but again....I really don't know.
How's that for a lack opinion hahaha. P
-
@ericulous1_psn said in Can Anyone Explain This Crash?:
I totally love how much intrigue and debate this has sparked. I also have been buying cards at a steady rate long before the crash and could have saved a few million had I known this was coming. However, as soon as the market did crash. I started flipping milestones like Kemp, Yelich and Hamels and made a killing.
Won't get into an economics debate as I was an english and theatre major and I see no sonnets present. I could see the possibility of market manipulation but I also am not at all surprised if it's just a case of people dumping all dupes to get their hands on the new Finest. I imagine the market will stabilize by Sunday but again....I really don't know.
How's that for a lack opinion hahaha. P
Yep, that's where I was making my killing, Yelich especially moved fast. Unfortunately with how crashes work, no one knows ahead of time or the crash would happen earlier as everyone would have sold off fearing a crash. Economies are fickle things
-
@rosborn27_psn said in Can Anyone Explain This Crash?:
I have an advanced degree in business from arguably the top program in the world and so no one can convince me this wasn’t manipulated.
Oh yeah? Well, this is where I spent the night!
-
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
@dbarmonstar_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
@suntlacrimae50_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
Everyone that prepared for the collection in advance got destroyed on this. The random dude that can barely get to a million stubs was able to get some players they typically couldn’t afford.
Investors and people that play the market and not the game got absolutely destroyed.
Really the only quote that matters in this whole thread. So true. I bought Kluber at the beginning of the tank for like 325K. That hurts. But it's all good. I've got what I need for the big one. I think.
I got hurt pretty bad also, but I figure if I’m locking the cards anyways who cares. I have more players then I can use anyways.
Mainly I’m looking for extreme pull hitters with 90 plus fielding, reaction, and arm along with 99 speed at this point.
I went on a huge spending a week before the crash if I would have waited I could have got double the cards and would put me closer to have all the legends and flashbacks so yeah that hurt. it is ok I got what I wanted just sucks the market crashed this bad,
I did the same thing….I had 5 million and figured I’d be extra prepared for the collection haha. Worst possible move I could have made.
Me too, bought Hersh and Kluber as soon as they dipped below 500k. Took a major bath. But I also made a ton taking advantage of the chaos with fliiping three MS cards. If you can't beat the frenzy, join it I guess.
Edit: @eatyum_PSN , Yelich was definitely flying. So was Hamels. And just for fun I've been flipping LS Trout. You're right, I figured things would dip with the coming TA5 and collection but not like this.
-
@ogbuttamilk_mlbts said in Can Anyone Explain This Crash?:
I get that some people were low on stubs so they sold a couple cards to get 150k to open 5 packs and get 25k worth of players BUT why are costs down across the board?
Did EVERYONE say, I need to sell all my old inning bosses and RS/BR rewards at the same time? Enough to drop prices 50% across the board?
Or were the prices brought down artificially so the average person could complete the set coming out today
Also a subs sale today....would you buy stubs $100 stubs in November so you could afford 5 of those packs. Would you buy $300+ worth of stubs to buy Nolan Ryan at his price last week?
Something smells fishy and my girlfriend already went to work so it's not her.
There is nothing fishy going on here. You're forgetting about the fact that it takes two to tango. Yes, there are are people selling cards for stubs due to new Finest cards. There are also people cancelling their buy orders which causes prices to drop even further. If I was investing or trying to buy a card for a collection and I start to see prices dropping, I'm going to cancel all of my orders so I can ride it out.
This usually ends up snowballing as prices drop further and more people get nervous and cancel orders to see what the market is going to do. They are also more likely to reinvest those stubs they were going to spend on one expensive card towards a bunch of cheap Finest cards in hopes of them going up when the collection goes live. Low risk, high reward investment. The stub sale will cause prices to go back up a bit.
Its nothing new. The same thing happens throughout the year every year.
-
@ericulous1_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
@dbarmonstar_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
@suntlacrimae50_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
Everyone that prepared for the collection in advance got destroyed on this. The random dude that can barely get to a million stubs was able to get some players they typically couldn’t afford.
Investors and people that play the market and not the game got absolutely destroyed.
Really the only quote that matters in this whole thread. So true. I bought Kluber at the beginning of the tank for like 325K. That hurts. But it's all good. I've got what I need for the big one. I think.
I got hurt pretty bad also, but I figure if I’m locking the cards anyways who cares. I have more players then I can use anyways.
Mainly I’m looking for extreme pull hitters with 90 plus fielding, reaction, and arm along with 99 speed at this point.
I went on a huge spending a week before the crash if I would have waited I could have got double the cards and would put me closer to have all the legends and flashbacks so yeah that hurt. it is ok I got what I wanted just sucks the market crashed this bad,
I did the same thing….I had 5 million and figured I’d be extra prepared for the collection haha. Worst possible move I could have made.
Me too, bought Hersh and Kluber as soon as they dipped below 500k. Took a major bath. But I also made a ton taking advantage of the chaos with fliiping three MS cards. If you can't beat the frenzy, join it I guess.
Edit: @eatyum_PSN , Yelich was definitely flying. So was Hamels. And just for fun I've been flipping LS Trout. You're right, I figured things would dip with the coming TA5 and collection but not like this.
I don’t flip so I just took losses. I don’t think I could have really used all of my stubs anyways.
-
Duplicate post. Site is bugging out.
-
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
@ericulous1_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
@dbarmonstar_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
@suntlacrimae50_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
Everyone that prepared for the collection in advance got destroyed on this. The random dude that can barely get to a million stubs was able to get some players they typically couldn’t afford.
Investors and people that play the market and not the game got absolutely destroyed.
Really the only quote that matters in this whole thread. So true. I bought Kluber at the beginning of the tank for like 325K. That hurts. But it's all good. I've got what I need for the big one. I think.
I got hurt pretty bad also, but I figure if I’m locking the cards anyways who cares. I have more players then I can use anyways.
Mainly I’m looking for extreme pull hitters with 90 plus fielding, reaction, and arm along with 99 speed at this point.
I went on a huge spending a week before the crash if I would have waited I could have got double the cards and would put me closer to have all the legends and flashbacks so yeah that hurt. it is ok I got what I wanted just sucks the market crashed this bad,
I did the same thing….I had 5 million and figured I’d be extra prepared for the collection haha. Worst possible move I could have made.
Me too, bought Hersh and Kluber as soon as they dipped below 500k. Took a major bath. But I also made a ton taking advantage of the chaos with fliiping three MS cards. If you can't beat the frenzy, join it I guess.
Edit: @eatyum_PSN , Yelich was definitely flying. So was Hamels. And just for fun I've been flipping LS Trout. You're right, I figured things would dip with the coming TA5 and collection but not like this.
I don’t flip so I just took losses. I don’t think I could have really used all of my stubs anyways.
It felt like work to recover my
haha. At least we have what we need. But at what cost -
@eatyum_psn said in Can Anyone Explain This Crash?:
@dbarmonstar_psn said in Can Anyone Explain This Crash?:
Nice! I've never really ventured into that part of the market or made that in a day, but I made about 250k-400k an hour this past couple weeks when I did flip. How much time would you say you spent flipping?
I think I was on the console for about 10 hours that day I had a 200K buy orders the night before so when I woke up I just put in the sell orders, I was playing CQ so after a few games I would go buy and sell more cards, It was just a really good day. I know at least 10 hours maybe longer that was flipping and playing. Stuff was selling faster than I ever seen those cards sell most of them at max of 2k buying for 500 making 1,300 profit per flip on the Golds, buying 10 at a time that about 20 different cards and selling all of them within 10 to 15minutes if not faster. It was crazy. Diamonds I buy for about 1k and flip those for 6 or 7k, the better diamonds buy for 6 or 7k sell for 20-23k. The big one was buy for 23k sell for over 70k. Most of my stubs were made on the Gold,
-
@ericulous1_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
@ericulous1_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
@dbarmonstar_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
@suntlacrimae50_psn said in Can Anyone Explain This Crash?:
@codywolfgang_xbl said in Can Anyone Explain This Crash?:
Everyone that prepared for the collection in advance got destroyed on this. The random dude that can barely get to a million stubs was able to get some players they typically couldn’t afford.
Investors and people that play the market and not the game got absolutely destroyed.
Really the only quote that matters in this whole thread. So true. I bought Kluber at the beginning of the tank for like 325K. That hurts. But it's all good. I've got what I need for the big one. I think.
I got hurt pretty bad also, but I figure if I’m locking the cards anyways who cares. I have more players then I can use anyways.
Mainly I’m looking for extreme pull hitters with 90 plus fielding, reaction, and arm along with 99 speed at this point.
I went on a huge spending a week before the crash if I would have waited I could have got double the cards and would put me closer to have all the legends and flashbacks so yeah that hurt. it is ok I got what I wanted just sucks the market crashed this bad,
I did the same thing….I had 5 million and figured I’d be extra prepared for the collection haha. Worst possible move I could have made.
Me too, bought Hersh and Kluber as soon as they dipped below 500k. Took a major bath. But I also made a ton taking advantage of the chaos with fliiping three MS cards. If you can't beat the frenzy, join it I guess.
Edit: @eatyum_PSN , Yelich was definitely flying. So was Hamels. And just for fun I've been flipping LS Trout. You're right, I figured things would dip with the coming TA5 and collection but not like this.
I don’t flip so I just took losses. I don’t think I could have really used all of my stubs anyways.
It felt like work to recover my
haha. At least we have what we need. But at what costThe plus side of it we got what we need or and wanted. Now time to build back up and buy more cards.
-
@savefarris_psn said in Can Anyone Explain This Crash?:
@rosborn27_psn said in Can Anyone Explain This Crash?:
I have an advanced degree in business from arguably the top program in the world and so no one can convince me this wasn’t manipulated.
Oh yeah? Well, this is where I spent the night!
Well done sir! And this wouldn’t be the first time I overthought something so simple answer may be right here - who knows.
-
@ogbuttamilk_mlbts said in Can Anyone Explain This Crash?:
I get that some people were low on stubs so they sold a couple cards to get 150k to open 5 packs and get 25k worth of players BUT why are costs down across the board?
Did EVERYONE say, I need to sell all my old inning bosses and RS/BR rewards at the same time? Enough to drop prices 50% across the board?
Or were the prices brought down artificially so the average person could complete the set coming out today
Also a subs sale today....would you buy stubs $100 stubs in November so you could afford 5 of those packs. Would you buy $300+ worth of stubs to buy Nolan Ryan at his price last week?
Something smells fishy and my girlfriend already went to work so it's not her.
More cards to sell that people are not buying. The game is flooded with tons of diamonds at this point that few have a reason to buy stuff. But a lot of people still need easy stubs, so many are trying to flip and providing too much supply for demand. It's tough but things should improve soon.
-
A admin locked this topic on
