Bad Psychology in the Community Market

[Sethward79]

I'm actually finding that the 1 stub bidders are almost destroying the buy/sell margins. What I see happening, for example, is someone will bid 1000 stubs on a card, someone will come in with 1001, then 1002. You'll see this happen about 3 or 4 times. Someone else gets sick of the tedium and just throws a silly bid of 2100. Then someone else comes in and bids 2101 and it starts all over.

[bfindeisen]

Quote: Originally Posted by DrYCeLL

Why do I raise and lower my bids by more than a stub at a time? 1. To show people like you that this card isn't worth your time. Regardless if I'm flipping as well or simply want a card, I'm not gonna play a +1/-1 game with someone trying to squeeze every last stub out of each flip. If I can get you to move on, I won't be stuck in a flipper's loop on a card I want. Those annoy me to no end, because generally a good flipper can lock down a card for hours if they want. 2. psychologically, even though they aren't, some numbers just look cheaper than others. Why would I want an order that ends in an 8 or 9, when a 1 or 2 can entice someone on the fence? 3. The good gaps are going to close quickly anyway. I saw Lester go from 15k buy now to 9k in a matter if minutes, and the market stayed there, before settling back to where it is now. No Lesters were even sold until he hit 9250 or so, so a +1/-1 marathon would have been absolutely tedious.

If I have a card I'm trying to sell, I don't care how ridiculous your order is. I'm trying to sell it regardless. I'm not gonna just hold the card because you undercut by so much. I'll just keep lowering it from whatever price you put. So in effect you just accelerated the decline in price.

[bfindeisen]

Quote: Originally Posted by goodplanbarf

By "market value" I mean the average sale price of a card. The avg market value isn't what the buy price is ... the buy price is the highest price someone is willing to pay for that card. That fluctuates constantly. So say someone is in the market for a card and wants him FAst, & without little waiting time, they will bid high and anyone paying attention to the market will see that and sell their card to that bidder. After that transaction is complete the price will either A) go back to where it was before that buyer arrived or B) Stay around where that high-buyer purchased for. But regardless if A or B happens this situation will arrive many times a day for each and every card, and that's why the market value for a card will fluctuate, creating Gaps that make it possible to profit from buying a card and selling it later . If everyone was only bidding up by 1 or down by 1 it would take a substantial longer amount of time for the market value to fluctuate and create that gap, so there would less profitability.

How would anyone know what the average price a card sells for unless they sit and watch the market all day every day? Are there tools I am unaware of that has this information?

[bfindeisen]

Quote: Originally Posted by Sethward79

I'm actually finding that the 1 stub bidders are almost destroying the buy/sell margins. What I see happening, for example, is someone will bid 1000 stubs on a card, someone will come in with 1001, then 1002. You'll see this happen about 3 or 4 times. Someone else gets sick of the tedium and just throws a silly bid of 2100. Then someone else comes in and bids 2101 and it starts all over.

LOL. How does that logic work? The 1 stub bidders reduce or raise price by 1. The others are raising or lowering by hundreds. Now how exactly is it that the 1 stub bidders are destroying the market? The impatience of the person bidding hundreds is the reason the market collapses...and they don't care because they think they're somehow beating the 1 stubbers.

[ChGtXgMs]

Will the market ever be fixed lol.

I was online earlier and I noticed the cards just get closer and closer to even money. It's getting ridiculous.

[Dolenz]

Quote: Originally Posted by ChGtXgMs

Will the market ever be fixed lol. I was online earlier and I noticed the cards just get closer and closer to even money. It's getting ridiculous.

Is cards being close to even money mean it is broken?


I have a feeling that there are A LOT more people using the market this year because of Conquest and Diamond Dynasty. Not only are more people using the market but people are getting cards more often which is flooding the market with more cards making them less valuable.

[bfindeisen]

Quote: Originally Posted by Dolenz

Is cards being close to even money mean it is broken? I have a feeling that there are A LOT more people using the market this year because of Conquest and Diamond Dynasty. Not only are more people using the market but people are getting cards more often which is flooding the market with more cards making them less valuable.

Agreed. It's not "broken". It's just very active and fairly efficient, in comparison to last few weeks.

[Papito208]

OR maybe people are not looking for a profit and just trying to sell asap. If you're mad about it sorry but I was like 100 stubs away from buying a 20 pack. Put up a card I had 4 copies of at an extremely low price because I needed it now. Sell now options sometimes are way too low to meet specific purposes.

What usually ends up happening in that sense is that there's a hard stop of people putting up their cards for less until that fire sale card i.e. MY card is gone and the bid war continues.