Meemoo (npub148r…tqt6) Yeah over here the market for games has been devastated by price speculators and "collectors" looking to get the most bang for their buck. Using Amazon is a bad example though since Amazon isn't actually a reseller market, so the only people on there who do try to resell are scalpers. Can easily find fully functional consoles with extras on ebay and other reseller markets for under $100.
You mostly see this digitally, but all of these inflated prices are from retards who really think they're going to be at the top of the speculative price market for an overly produced product. It causes a snowball effect of others seeing the inflated price, and assuming they can get that much out of theirs. A good much more recent example with no nostalgia excuse tied to it is the PS Vita, a system that barely anyone cared for and barely anyone wants to buy. Listings usually start at $130, and get more and more expensive from there. Thing is, you can find thousands of these things being listed at any given time and barely any of them are selling. The price never dips though since "it has to be worth something, I paid a lot for it," or "the collectors will eat this up regardless of price." Never mind this speculative market being unsustainable, and many of these people will die before they get all the sales they're looking for.
Dunkag /
npub1gw…c4k6k
2024-09-25 22:59:17
in reply to nevent1q…wzn6
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2024-09-25 22:59:17Event JSON
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"content": "nostr:npub148r6a3fexxq7knp4k5xwwuyevjm3fzv8z4uj7my4lwey877nhsuq3wtqt6 Yeah over here the market for games has been devastated by price speculators and \"collectors\" looking to get the most bang for their buck. Using Amazon is a bad example though since Amazon isn't actually a reseller market, so the only people on there who do try to resell are scalpers. Can easily find fully functional consoles with extras on ebay and other reseller markets for under $100. \nYou mostly see this digitally, but all of these inflated prices are from retards who really think they're going to be at the top of the speculative price market for an overly produced product. It causes a snowball effect of others seeing the inflated price, and assuming they can get that much out of theirs. A good much more recent example with no nostalgia excuse tied to it is the PS Vita, a system that barely anyone cared for and barely anyone wants to buy. Listings usually start at $130, and get more and more expensive from there. Thing is, you can find thousands of these things being listed at any given time and barely any of them are selling. The price never dips though since \"it has to be worth something, I paid a lot for it,\" or \"the collectors will eat this up regardless of price.\" Never mind this speculative market being unsustainable, and many of these people will die before they get all the sales they're looking for.",
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