Does every card in the market have a 10% gap between buy and sell prices?
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Was just looking around the market trying to find some good deals to buy low on and noticed that pretty much all cards in the market seem to have a 10% (sometimes even less) gap between the Buy and Sell prices.
That's not good, and only leads to a stagnate market, and very low volume. I notice that many cards seem to only have a dozen or so transactions per hour. Something needs to happen to rejuvenate the market. Maybe do a 2 week period of no tax on sale of cards?
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That would only raise prices even more.
The reason margins are so tight is because the game has been out less than a month.
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and bots, dont forget bots. And the flippers that are claiming to get banned for not useing bots but are somehow beating the bots on flipping even thou other post are saying the bots are insta buying and selling =p
FAST HANDS
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and bots, dont forget bots. And the flippers that are claiming to get banned for not useing bots but are somehow beating the bots on flipping even thou other post are saying the bots are insta buying and selling =p
FAST HANDS
There are far less bots now than previously. Some still exist but I believe the widespread bot use in the market has declined.
To answer OPs question, yeah there are almost no margins anymore. You usually expect that on higher priced cards but even silver, bronzes, and commons are pretty tight. Normally smaller margins on lower value cards can be accepted because there is so much volume but right now volume isn't making up for the lack of spreads.
This is what happens when people burn through the content that give packs. I'm not even sure a new inning path and ranked season will move the needle much.
People want to talk about packs being abundant. And sure, they were at the start but the changes the past two years to TA have drastically reduced the supply of packs which fed the market, kept prices somewhat in check and margins a bit beefier.
Without some changes, you can expect this to be the norm going forward.
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You should think of the prices as swing on a pendulum. The prices may maintain a constant 10% variance but it swings together. So it is best to buy when they are at their lowest and list to sell at that peak. Don't stress the current gaps as they aren't going to widen until other variants are introduced.
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@SaveFarris_PSN That's not how economies work. When taxes are lowered, prices tend to come down. A seller could sell a card for 5% less than now, and still come out making 5% more profit.
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@theBlindRhino_PSN That is a great way to think about it. Key is to catch the pendulum on the downswing to buy and sell when it goes back up. I still think the community market needs some spark to generate more volume. I have looked at quite a few cards where there are only 4-5 transactions per hour. A few years ago, there were hundreds of completed transactions on most cards.
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@SaveFarris_PSN That's not how economies work. When taxes are lowered, prices tend to come down.
If the money supply isn't lowered, inflation skyrockets.
That's how economies work.
