6,500,000 Posts Restock Bonanza!

[Paperboy012305]

I'm honestly scared for the house collectibles tomorrow ;w;
It's gonna lag so much!

Just remember. Its going to be like the restocks from before.

 

[Red Cat]

A handful of people manage their money themselves at those ages, myself included. Also I've taken 2 years of business classes, along with entrepreneurship and other things like that, so I do actually know a lot about businesses.

Edit - excuse me, 3 years

So then you should know that collectible trading operates nothing like a real economy.

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Anyway, if people are going to take out the pitchforks, they should direct them at the admins for creating a bad system instead of blaming people for playing by the rules even though the rules should be changed.

 

[Aronthaer]

What people thought they were getting:


What they actually got:

 

[Mura]

So I see things went well here

 

[f11]

What people thought they were getting:
View attachment 173002View attachment 173002View attachment 173002View attachment 173002View attachment 173002View attachment 173002View attachment 173002View attachment 173002View attachment 173002View attachment 173002View attachment 173002View attachment 173003View attachment 173003View attachment 173003

What they actually got:
View attachment 173004View attachment 173004View attachment 173004View attachment 173004View attachment 173004View attachment 173004[/QUOTE I don't get it?

 

[LethalLulu]

So then you should know that collectible trading operates nothing like a real economy.

---

Anyway, if people are going to take out the pitchforks, they should direct them at the admins for creating a bad system instead of blaming people for playing by the rules even though the rules should be changed.

Actually, it's extremely similar. It's more similar to stock trading, which I have done. Also, I have been on Gaia for 10 years which is much more economy driven than tbt, and have found the similarities between that and the real world. Being a financial major, and having taken economics 3 times, I kinda have a good knowledge of how things work. Also 3.7-3.9 gpa, so it's not like I failed all these classes.

 

[Red Cat]

Actually, it's extremely similar. It's more similar to stock trading, which I have done. Also, I have been on Gaia for 10 years which is much more economy driven than tbt, and have found the similarities between that and the real world. Being a financial major, and having taken economics 3 times, I kinda have a good knowledge of how things work. Also 3.7-3.9 gpa, so it's not like I failed all these classes.

If it were like a real economy, then the "shop" would sell collectibles for much more than they do right now because of the demand for them. The shop price is not determined by any "market force", but rather by price fixing by the admins which makes the whole thing fall apart.

 

[Stil]

If it were like a real economy, then the "shop" would sell collectibles for much more than they do right now because of the demand for them. The shop price is not determined by any "market force", but rather by price fixing by the admins which makes the whole thing fall apart.

Collectibles in real life are usually released in limited quantity.

 

[That Zephyr Guy]

If it were like a real economy, then the "shop" would sell collectibles for much more than they do right now because of the demand for them. The shop price is not determined by any "market force", but rather by price fixing by the admins which makes the whole thing fall apart.

Considering the shop doesn't actually make money, and isn't sentient, that doesn't make sense.

The shop would be more accurately compared to manufacturing, where the initial investment is a fraction of what your sell price is. ie, you don't spend full price to create a phone that you want to sell.

The shop price is your production cost.



Just because it's called a shop doesn't mean it's a literal shop in an economic sense lmao.

 

[LethalLulu]

If it were like a real economy, then the "shop" would sell collectibles for much more than they do right now because of the demand for them. The shop price is not determined by any "market force", but rather by price fixing by the admins which makes the whole thing fall apart.

Not at all, because the bell tree forums is not the one trying to make the profit. It's similar to mass producing something for very cheap, selling it in bulk to another company which then sells the pieces individually.
A lot of companies, such as Staples, will buy items in the 10's of thousands for very cheap.
^ I have done this, but it was obviously on much a smaller scale. I bought things in New York for $0.50 a piece, and sold them for $5 a piece. Yah, I made a ton of money that week.

Edit 2 -also I should mention this stuff was tax free when I bought it.

 

[debinoresu]

tbh im just getting collectibles to sell so i can buy stuff when i potentially restart my town. i like a forum having an economy system even if it leads to this much discourse, its convenient

 

[Red Cat]

Considering the shop doesn't make money, that doesn't make sense.

The shop would be more accurately compared to manufacturing, where the initial investment is a fraction of what your sell price is. ie, you don't spend full price to create a phone that you want to sell.



Just because it's called a shop doesn't mean it's a literal shop in an economic sense lmao.

It's not an "investment" when you know for sure that you can sell something for 10 times what you payed for it without doing a single thing to improve the product. More like a lottery which is what TBT collectibles actually are.

 

[debinoresu]

It's not an "investment" when you know for sure that you can sell something for 10 times what you payed for it. More like a lottery which is what TBT collectibles actually are.

"investment- the action or process of investing money for profit or material result."
itd be a lottery... if they were won through random lottery,, but because people purchase them, even if factors like internet speed and raw luck determine if you catch it in shop or not, its by definition an investment if you plan resale o:

 

[Libra]

Libra I'm sorry I failed you D:

Aw, don't worry about it. Maybe you'll have better luck next time? I'll be crossing my fingers for you! ^_^

 

[That Zephyr Guy]

It's not an "investment" when you know for sure that you can sell something for 10 times what you payed for it without doing a single thing to improve the product. More like a lottery which is what TBT collectibles actually are.

I present to you, ladies and gentlemen:

The definition of investment.

 

[sej]

Good luck everyone for the next one! Thanks to cocoberry I don't have to get up at 4am!

 

[Red Cat]

Not at all, because the bell tree forums is not the one trying to make the profit. It's similar to mass producing something for very cheap, selling it in bulk to another company which then sells the pieces individually.
A lot of companies, such as Staples, will buy items in the 10's of thousands for very cheap.
^ I have done this, but it was obviously on much a smaller scale. I bought things in New York for $0.50 a piece, and sold them for $5 a piece. Yah, I made a ton of money that week.

Edit 2 -also I should mention this stuff was tax free when I bought it.

But the "factory" is not mass producing. It's intentionally not "manufacturing" because it's not a factory but a website trying to generate site traffic and it's easier to do that when the "supply" is low. I use all these quotation marks because this is not an economy; it's a bunch of 1's and 0's but it does really harm this site, so that's why I complain about it.

 

[That Zephyr Guy]

But the "factory" is not mass producing. It's intentionally not "manufacturing" because it's not a factory but a website trying to generate site traffic and it's easier to do that when the "supply" is low. I use all these quotation marks because this is not an economy; it's a bunch of 1's and 0's but it does really harm this site, so that's why I complain about it.

You mean similar to how Collectible Card Games produce only a limited number of the rarer cards to goad people into buying them?


And then said people will INVEST in those cards and sell them at a later date for PROFIT?




Wait this is starting to sound familiar.

 

[Red Cat]

You mean similar to how Collectible Card Games produce only a limited number of the rarer cards to goad people into buying them?


And then said people will INVEST in those cards and sell them at a later date for PROFIT?




Wait this is starting to sound familiar.

Doesn't the value of cards usually depreciate over time?

 

[LethalLulu]

But the "factory" is not mass producing. It's intentionally not "manufacturing" because it's not a factory but a website trying to generate site traffic and it's easier to do that when the "supply" is low. I use all these quotation marks because this is not an economy; it's a bunch of 1's and 0's but it does really harm this site, so that's why I complain about it.

That's exactly what they're doing. If you're referring to tbt, it's still the same concept. Tbt can release these collectibles at no cost or risk, but the individuals buying them are buying it with risk, because of the competition. This adds to the value immensely. That's why in stock exchange, high risk company's stock usually has a higher reward/payout.
It is an economy. Just because it's virtual, doesn't mean it's not an economy. Gaia has an economy, flight rising has an economy, mycena cave has an economy, neopets has an economy, and yes, tbt has an economy as well.

- - - Post Merge - - -

You mean similar to how Collectible Card Games produce only a limited number of the rarer cards to goad people into buying them?


And then said people will INVEST in those cards and sell them at a later date for PROFIT?




Wait this is starting to sound familiar.

Or even immediately. Got a pack with a $30 card in it? Cool! Go to your local card shop and """""scalp""" for it. Of course, the card shop owner is fine with it!