I think Blaziken is over due for the hype, invest now, you a fool of you don’t. It is the next starter
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Besides all focus on the stimulus checks and quarantine boredom, does anyone else think the market is rising from larger known people such as Gary Vee speaking about trading cards booming?
I was not an avid collector prior to PokemonGo (if you more experienced collectors could compare) but it seems ALL trading cards are growing together. I personally believe many people will drop off as they aren’t knowledgable about their purchases, but it seems like a huge boost in popularity leads to an overall larger market.
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The takeaway point for me is collectibles move in a different manner than most markets. Markets, such as the stock market, move up and down in a continuous manner. Collectibles move in a discontinuous manner. A collectible can sit at one price for months or years and then double or triple in one day. That’s where the “salt” comes from because it’s not always easy to understand how such a drastic price change can occur. However, the new price is often times legitimate and sustainable.
I’ve enjoyed each of Scott’s videos up until today, but I didn’t even watch the full video today. I don’t see how being sarcastic and calling us the “pokemon playground” is a good way to address this situation. We don’t care about DACardWorld spending $39 million because we aren’t DACardWorld spending $39 million. That’s an argument from exception, not the core of the community.
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The reason for the first part there is just liquidity. Most S&P 500 stocks have razor-thin bid-ask spreads and trade with volumes in the millions each day. Not only do collectibles not have nearly enough printed, let alone for sale, to be as liquid, but they are not instantly transferable as they are physical assets. The valuation principles are different but the leaps in price are mostly because of what I just mentioned.
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Gotta love seeing smpratteisms “argument from exception” to argue against smpratte.
I don’t really see a discernible point here outside of, “I don’t like it”, but here is more clarification:
The point about the pokemon playground that you missed isn’t criticizing the amount of money people spend. Some of my favorite cards are less than $10. The point is criticizing people losing their minds over someone else spending money. In this case that amount is less than the objective average monthly discretionary income, which makes it even more absurd.
The points about DACardworld; they are buying this card every month, as are most businesses. A company like them could buy literally every copy at 1k, and it would be their weekly purchase. The larger point was to provide a snapshot of actual money in the hobby that people are ignorant of, because they are in their small pockets, ie playgrounds, where they draw false emotional conclusions based on ignorance.
This won’t be the last time this occurs. People complaining about prices is never ending. Its typically their lack of market exposure and experience.
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@smpratte , you’re not the only one who uses that phrase. I still do think DACardWorld is an exception. Furthermore, they buy at a heavy discount (have more liquidity). I can guarantee they aren’t buying T17 at new record prices.
The price for the card is valid and can potentially be sustainable. I wished the video explained it to me as if I was an adult and not a crying baby. I’m not pouring salt on the situation, I’m trying to have a legitimate discussion. Maybe there’s a disconnect because I’m not exposed to all the salt you’re exposed to.
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Exactly this! I would love to be where people didn’t tag me all the time with their salt. Or where people didn’t try and sabotage my auctions (actually happened), slander my success, make death threats, etc. I would really like to live in that world, but I can’t, because its not reality. Sorry that I am human and vent my frustrations at times. Usually those frustrations are recurring discernible issues in this hobby, like the cry bullying when prices change.
Ultimately My videos can’t please everyone. I sit down in a chair and speak my mind, and then post the video. Even the most informative videos will receive hate. I can literally cure cancer and someone will still dislike me. That is the reality of having any level of success/exposure on the internet.
Regardless I couldn’t care less about the future price of T17. Its just the most recent focal point of the same complain pattern.
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A couple thoughts.
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Are you even a true collector if you don’t spend millions per year?
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If t17 is 2k+, there are thousands of undervalued cards in this hobby. PSA 10 1st ed base zard is only worth 20x T17 PSA 9? I don’t think so lol.
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Wants an adul explanation while crying like a baby
1- Yes
2- Don’t hype chorizord
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^ Don’t feed the troll
I was about to say…I never saw the “complaining” about this price on here nor any “losing their minds” about what other people spend. Everybody seems to be just having a pretty normal reaction about a card that basically quadrupled in a short period of time.
But I guess it’s other avenues that most of us don’t see.
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Its mainly aimed at IG. I have everything muted and I still get tags or story mentions. Sometimes I’ll post some of the crazy stuff on discord, but I honestly try and avoid most of it.
Tl;dr The opportunity cost of exposure.
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Anyone know where the $39mm DACardWorld figure comes from?
@smpratte , I respect your content and the way you put it out. I have zero hate. You put out the highest quality content in pokemon. I don’t completely understand your point of view and that’s why this video didn’t resonate with me.
@jcincy101 , exactly! There are other avenues we aren’t seeing.
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To add more perspective, its a catch 22. I thought about posting toxic tags for reference, but don’t want to make a troll famous.
A good public example is recently some mtg guy made a hate video about one of my lotus videos. I had no idea who he was, googled him, apparently they just make clickbait hate videos about anyone relevant in mtg. I actually made a thread here and pulled it after a few minutes, because I didn’t want to give him exactly what he wants; attention.
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I post stuff and take it down all the time too. At one point I almost stated in this thread if you dont have the card for sale than don’t post in a buy thread. Unless it’s a occasional good luck bump. If the price is off wait till someone that has the card for sale post theirs with correct price etc. A good discussion is always great but not made for buy threads. At the end of the day if the guy wanted the card bad enough he would pay new rate. If not move on. But i don’t make rules I’m just a random somewhat newer member so I didn’t originally think it was my place to say but hey I’ll throw it out there now lol. Salt that up haha
I 100 percent agree with your logic in this video @smpratte, I just didn’t like the framing and tone you used to share the information. That might be what turned @charizandrew off as well.
I think of it like this… Due to that fact that you have an earned reputation of being smart, articulate and knowledgable about collecting pokemon cards, you are a vitally important tone and trend setter for this hobby. As such I think you have the power to shape discussions and the way we treat each other in this community. You could have explained this information in a way that helps the community understand why these cards grow while also lowering the overall negativity.
That being said, with the amount you have done for this hobby, and for me personally as a collector, this one video doesn’t negatively impact my overall view of you in the slightest.
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I see why @smpratte just made the sassmpratte salt video. Shit.
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Just watched your video 
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