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Can Anyone Explain This Crash?

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  • CodyWolfgang_XBLC Offline
    CodyWolfgang_XBLC Offline
    CodyWolfgang_XBL
    replied to Guest on last edited by
    #41

    @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.

    Ericulous1_PSNE 1 Reply Last reply
    2
  • Ericulous1_PSNE Offline
    Ericulous1_PSNE Offline
    Ericulous1_PSN
    wrote on last edited by
    #42

    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

    eatyum_PSNE 1 Reply Last reply
    2
  • eatyum_PSNE Offline
    eatyum_PSNE Offline
    eatyum_PSN
    replied to Guest on last edited by
    #43

    @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 😆

    1 Reply Last reply
    2
  • SaveFarris_PSNS Offline
    SaveFarris_PSNS Offline
    SaveFarris_PSN
    replied to Guest on last edited by
    #44

    @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!

    rosborn27_PSNR 1 Reply Last reply
    5
  • Ericulous1_PSNE Offline
    Ericulous1_PSNE Offline
    Ericulous1_PSN
    replied to Guest on last edited by Ericulous1_PSN
    #45

    @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.

    CodyWolfgang_XBLC 1 Reply Last reply
    1
  • PennStateFencerP Offline
    PennStateFencerP Offline
    PennStateFencer
    replied to Guest on last edited by
    #46

    @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.

    1 Reply Last reply
    1
  • CodyWolfgang_XBLC Offline
    CodyWolfgang_XBLC Offline
    CodyWolfgang_XBL
    replied to Guest on last edited by
    #47

    @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.

    Ericulous1_PSNE 1 Reply Last reply
    1
  • PennStateFencerP Offline
    PennStateFencerP Offline
    PennStateFencer
    wrote on last edited by PennStateFencer
    #48

    Duplicate post. Site is bugging out.

    1 Reply Last reply
    0
  • Ericulous1_PSNE Offline
    Ericulous1_PSNE Offline
    Ericulous1_PSN
    replied to Guest on last edited by
    #49

    @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

    dbarmonstar_PSND 1 Reply Last reply
    1
  • dbarmonstar_PSND Offline
    dbarmonstar_PSND Offline
    dbarmonstar_PSN
    replied to Guest on last edited by
    #50

    @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,

    1 Reply Last reply
    1
  • dbarmonstar_PSND Offline
    dbarmonstar_PSND Offline
    dbarmonstar_PSN
    replied to Guest on last edited by
    #51

    @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 cost

    The plus side of it we got what we need or and wanted. Now time to build back up and buy more cards.

    1 Reply Last reply
    1
  • rosborn27_PSNR Offline
    rosborn27_PSNR Offline
    rosborn27_PSN
    replied to Guest on last edited by
    #52

    @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.

    1 Reply Last reply
    0
  • Jaytal6_PSNJ Offline
    Jaytal6_PSNJ Offline
    Jaytal6_PSN
    replied to Guest on last edited by
    #53

    @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.

    1 Reply Last reply
    1
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