Why did beanie babies bust?

[dragonitehoarder]

Haven’t read through the responses but the answer is simply supply and demand.

The original 1st set of beanie babies are still valuable because only a few were printed.

modern beanie babies were printed so much that the supply was higher than the demand

[mitty]

@madden12ut

@mthursty

If a few hypebeast brands collab with beanie babies I feel like the prices will rise lol.
People are out there spending 50$ on supreme stickers.

I used to be heavily involved in the csgo/counter strike community, and I know of VIRTUAL holographic stickers that regularly sell for thousands of dollars

Haven’t been involved recently, but due to scarcity over time, this sticker alone goes for over $12k now and has been regularly selling for thousands for a few years (originally released in 2014 as the sticker shows)

When people say that pokemon prices aren’t reasonable or won’t hold, I immediately think about all the other random collecting scenes out there with much lesser fanbases that are filled with crazy stuff like this lol

Dude you have no idea what the market is like in CS now. Case hardened skins and kato 2014 holos are insane. To think in 2015 people traded these same skins and said “stickers have no value” LOL. Now they’re untouchable unless you’re a millionaire. Now crown foils, cologne 2014 holos are climbing like fire now. I checked some of my storage accounts and saw I had like 10 random stickers from the majors that I paid no more than $3 each for, now they actively sell for $200 CASH easily. Trading in CS convinced me to hold the course in pokemon.

[mitty]

@pikachutcg

@madden12ut

I used to be heavily involved in the csgo/counter strike community, and I know of VIRTUAL holographic stickers that regularly sell for thousands of dollars

Haven’t been involved recently, but due to scarcity over time, this sticker alone goes for over $12k now and has been regularly selling for thousands for a few years (originally released in 2014 as the sticker shows)

When people say that pokemon prices aren’t reasonable or won’t hold, I immediately think about all the other random collecting scenes out there with much lesser fanbases that are filled with crazy stuff like this lol

Haha me too! always been a fan of counterstrike&CSGO, i remember when ibuypower got banned for cheating, there was also the M4A4 Howl skin that got removed due to copyright but all the ones that were obtained did not get removed so that skyrocketed. I used to be a “trader” with skins back then and was showcasing them on YouTube just for fun. Eventually i ended up selling everything to help me move out and start a family as some of the skins were worth a lot of money Not been following it in the recent years though,

That knife in the video is over $15k USD feelsbadman

Edit its Field Tested: So over $20k ;o

[krill]

@mitty

@pikachutcg

Haha me too! always been a fan of counterstrike&CSGO, i remember when ibuypower got banned for cheating, there was also the M4A4 Howl skin that got removed due to copyright but all the ones that were obtained did not get removed so that skyrocketed. I used to be a “trader” with skins back then and was showcasing them on YouTube just for fun. Eventually i ended up selling everything to help me move out and start a family as some of the skins were worth a lot of money Not been following it in the recent years though,

That knife in the video is over $15k USD feelsbadman

Edit its Field Tested: So over $20k ;o

Is there any relationship between the popularity or longevity of the game csgo and it’s after market skins and tradeables?

[madden12ut]

@pikachutcg IBP being banned was so crazy, same with KQLY’s ban and the howl becoming contraband. I actually remember in the early days of the howl change, I convinced my friend to trade his crappy karambit stained BS for a nice mw howl(he still appreciates that I gave him that advice hehe.) Also, that is such a nice blue gem. I was lucky to own an ak and a five seven blue gem, but a karambit is absolutely nuts
I’m glad the skins were able to help you and your family

@mitty Exactly, csgo has also reassured my position in pokemon. My first big investment in cs go was getting a truckload worth of Cloud9 dreamhack 14’ holos for 60-80 cents a piece (they’re $140 now damn)
Back in the day, I used to trade a decent bit but I was mostly a csgolounger(gambler) and I really debated between keeping my betting skins or getting rid of them and investing in $100 ibp kato 14’ holos. Really wish I went with the latter as my pokemon collection would have thoroughly enjoyed the additional funds

[pikachutcg]

@mitty

@pikachutcg

Haha me too! always been a fan of counterstrike&CSGO, i remember when ibuypower got banned for cheating, there was also the M4A4 Howl skin that got removed due to copyright but all the ones that were obtained did not get removed so that skyrocketed. I used to be a “trader” with skins back then and was showcasing them on YouTube just for fun. Eventually i ended up selling everything to help me move out and start a family as some of the skins were worth a lot of money Not been following it in the recent years though,

That knife in the video is over $15k USD feelsbadman

Edit its Field Tested: So over $20k ;o

Haha yeah when i sold it was around £4,500 if i remember correctly, the knife i got after that was a Kara crimson web FN which was what i set out to get when i began. Also i cashed out via an online skin selling website.. can’t remember the name but they had the option of paying out in bitcoin which i didn’t choose but would have over 100K if i did now…I don’t like to think about it because i’ll never get anywhere close to that amount of money ever again