Lurker > 1337toothbrush

bigblu89 posted...

Are there times where a person doesnt know the value of an item they have, and they get taken advantage of? Absolutely.

But when there are multiple people interested in buying the same item, you tend to get the VALUE that the market dictates.

Where "the market" is just a dressed up way of saying "the people who are there at the time". It's not some omnipotent invisible hand dictating rules.

Gobstoppers12 posted...

No, no. That is not what we've said.

The exact wording of what was said is that it's "worth what someone is willing to pay for it."

If it sells for a lowball price due to one or more parties lacking sufficient market information, that doesn't lower the item's value.

The person who's willing to pay $3.25 million doesn't have to be in the room with the item for said item to be worth $3.25 million. He just has to exist somewhere out there in the market.

Because if you paid $1 for an item worth $3.25 million, you essentially made a deal with a $3,249,999 profit.

Ah, so it's "lacking sufficient market information" if it sells for less, but "lacking brain cells" doesn't matter for if it sells for more? If everyone is offering oil changes for $50 but a provider manages to fool someone into paying $100 for the same service, does that mean the real value of an oil change is $100 and everyone other than the one scammer is "lacking sufficient market information"?

Guide posted...

Very unlikely. TCGs, like most other collectibles, have established markets. It's like how when you almost anything, it's not just some number you pulled out of a hat, but something determined by the product's worth relative to the economy it exists in. Like, c'mon, you understand basic capitalism. It's fine if you don't like cards, but you're not making sense just assuming a non-existent scenario in order to shit on cards.

Yes I do understand capitalism, which is why I understand things like marketing which are used to make items look more valuable than they really are.

Gobstoppers12 posted...

Usually, an item is worth the highest price someone will pay for it. If somebody sells/buys it for $1, that doesn't mean it was only worth a dollar. It just means that the right buyer wasn't in the room at the time.

This is why auctions are held, because it gets all the right people in the right room in order to sell an item for what it's actually worth.

Ripping off somebody's grandma clearing out her attic by vastly underpaying for a valuable item doesn't mean the item is worth less, it just means the seller was uninformed as to its true value.

Your last sentence contradicts the idea that "it's worth what it has been sold for."

Guide posted...

I mean, literally, yes it does, on the basis of it having a validated market estimate. Otherwise you're just speaking subjectively.

Meanwhile an idiot overpaying for paper is not acting subjectively?

bigblu89 posted...

That's exactly what it means.

The noun "worth" refers to the monetary value of something.
The adjective "worth" mean having monetary or material value.

and if the next second it sells for $1 then that's suddenly its worth. Yeah, that's meaningless.

Gobstoppers12 posted...

In this case, he's exactly right, though. Value is a subjective quality. An item that's worthless to you ("cardboard") can be worth thousands, if not tens of thousands, to somebody else.

I know you probably wouldn't pay $3.25 million for a bunch of "pieces of paper," but if those pieces of paper were used in 1938 to create Action Comics #1, there are collectors out there who will spend $3.25 million to own them.

In other words, just because you think paper or cardboard is worthless, does not mean they are worthless.

Just because an idiot pays $3.25 million for it, doesn't mean it's worth it.

bigblu89 posted...

"An item is only worth what someone is willing to pay for it"

And people are willing to pay A LOT for certain pieces of cardboard.

That's like saying "it's supposed to happen, otherwise it wouldn't have happened".

bigblu89 posted...

As someone who's dabbled heavily in sports cards as an "investment", there's definitely a difference between artificial scarcity and actual scarcity.

Example: Modern cards that are "Limited" to 5, 10 , 100, 500 etc. copies, where the only difference is the color of the card. They make them every year, so how rare can they really be?

As opposed to something like a 1952 Mickey Mantle "Rookie" card. With many being destroyed due to them not selling, and then getting into poorer and poorer condition as time passes, that created actual scarcity as there is rumored to only be 1500 copies left in existence.

This is cardboard we're talking about.

I hate how everything gets turned into an "investment". Rampant speculation underlies a lot of problems we're experiencing, including cost of housing. We have an abundance, but the system depends on artificial scarcity.

It's double plus good.

C_Pain posted...

It's okay, and the tapioca has grown on me, but I generally like it sans. It's annoying to constantly have your drinking interrupted by a chewy ball.

Unless you plan on chugging it, how is it an interruption to get some chew on with each sip?

_____Cait posted...

Yeah there are similar problems in the west, but the Japanese issues are unique to here. Like how the leading party is almost extremely disliked and unsupported by the population, yet they still sit in power like they are Yevon or something.

https://www.statista.com/statistics/207579/public-approval-rating-of-the-us-congress/

Over 80% disapproval of our "representatives" in a representative "democracy".

ToteAll posted...

So, essentially, the drink equivalent of avocado toast?

No, because they're nothing alike food/drink-wise. Not in terms of taste or nutrition or anything.

PissedOffMonk posted...

Must be a cultural thing if you believe bubble tea is trendy and expensive. Its been around since the 90s in my area and most places are cheaper than a drink from Starbucks.

Everything is cheaper than starbucks when it comes to non-alcoholic drinks.

I love it! I normally avoid sugary drinks, but I like the tapioca pearls.

ToteAll posted...

Isn't bubble tea the drink equivalent of avocado toast?

Avocado toast is awesome too. They're nothing alike other than being trendy and more expensive than other casual options.

Yeah, kewpie mayo is great.

Immigration is a band-aid. The underlying issues are still present, which is why people already there are having fewer children, and the descendants of immigrants will likely follow the same pattern, so you're just throwing more people at the problem and hoping for the best. Look at Canada's current policy which is bringing in so many immigrants while jobs pay poorly and houses are ridiculously expensive. It's basically a pyramid scheme.

They're getting paid more than the people putting in work on the actual mods themselves. Do they pay royalties to the mod authors?

ShaneMcComez posted...

We have 2-3 more special elections coming within the next couple months for House Republicans who've resigned. They're all in deep red districts, so it's going to be an uphill battle to flip those seats, but seeing how Democrats managed to flip a state house seat in a deep red Alabama district. Who knows what might happen, especially if dem candidates continue to run on a pro-choice message like the Alabama state Democrat did and won.

Were the accelerationists correct? It took the real threat to abortion rights for this flip to happen.

mistymermaid posted...

Basically. Opposing censorship needs to stay neutral to the material.
Don't let the narrative be twisted against you.

There are limitations. For example, would you want rampant hate speech to be uncensored? Either way, from an optics perspective, it doesn't look good to be fighting on this particular case, like when people got upset over the modification to underwear in Chrono Cross.

_____Cait posted...

This is bizarre.

Nazis are pushing for an antisemitism bill

It's not bizarre when the idea of israel, an apartheid ethnostate, meshes so well with their ideology. It separates Jewish people from the rest of the world and also serves as a model for a white apartheid ethnostate. By the way, pointing this out will be illegal under the new "anti-semitism" bill if it becomes law.

Wasn't this originally a game on the Wii about some guy with a hammer?

I was told that biden sanctioning specific people from the idf is proof that he's trying his best and yet he's actually not even doing that.

LightningThief posted...

Condemnation of how these people are deciding to shoot themselves in the foot

Speaking of people shooting themselves in the foot, biden is doing a great job of blowing away both legs of his presidential campaign by supporting genocide. Oh, but you have a million excuses for why supporting genocide is fine and would rather lecture people on how to protest properly.

Better yogurt than cottage cheese.

That shit bag belongs in prison.

Tanthalas posted...

Nice, we really needed a new dont vote for Biden topic.

No one is saying not to vote for him, just that there exist a significant number of voters in a key state who may not vote for him because of his actions.

Smashingpmkns posted...

Feel like my car shouldn't need an app to go offroading

The cybertrash needs a "car wash mode" so naturally it needs this for offroading.

Technology that reduces crashes and makes cars safer isn't increasing insurance rates. It's the greedy insurance companies increasing insurance rates. What we really need is a government option to reduce rates. Of course the best solution would be to reduce reliance on cars, but if we can't do that then we have to recognize how essential they are to living in the US and have the government provide insurance itself, especially since having insurance is mandated to drive a car.

It pisses me off, but what can I do other than reducing the waste I produce? The criminals doing the bulk of the pollution aren't just getting away with it, they're being richly rewarded! As someone who loves seafood, I'm also pissed off at mercury poisoning.

I would eat the fuck outta that. It's not garbage, it's glorious!

DuneMan posted...

Putting limits on overseas speculation on home purchases wouldn't hurt either.

Make that limits on speculation in general and you'll actually solve the problem in a large way. Japan had a problem with property prices in the 80s when speculation was rampant, but the problem went away when the bubble burst. The key was that the bubble stayed burst. In the US we had the bubble leading up to 2008 and then the geniuses in charge instituted too-big-to-fail policies that allowed the bubble to continue (after a brief dip in prices which let more speculators buy up properties on the cheap).

LightningThief posted...

Which is disingenuous to point out. The president cant wave his magic pen to change state laws or the Supreme Court that was given a majority under Trump.

Your disingenuous spin in saying that is attempting to blame Biden for it in a roundabout way. As there's absolutely no point in bringing up "its happening under his watch" as if he did it, supported it, or had the power to stop it.

Yet when biden does have the power, like with stopping support for israel's campaign of genocide, he doesn't use that power. In fact he does the opposite and supplies them!

Yeah, yandere.

Nok_Su_Kow posted...

Paused until further investigation can be conducted. Biden is for a two state solution, he's said as much. But carry on with this fantasy that he'd rather hand over the country and the middle east to Trump.

You actually believe this shit? lol. I wouldn't take biden at his word regarding anything that inconveniences israel even slightly because he has shown that he is not sincere at all, time and time again.

Nok_Su_Kow posted...

He shouldn't. Talking didn't work. Sanctioning IDF didn't work. He should continue down the list of options and be given the opportunity to do so. But you were saying Biden is cool with a Trump win and is fine handing him the genocide problem or something dumb like that.

Biden has had plenty of opportunities to do something but has done nothing. Those sanctions you mentioned which were for a single idf battalion? Well... https://www.msn.com/en-us/news/world/us-backtracks-on-decision-to-sanction-idf-unit/ar-AA1nJDgn

Biden would rather give up votes than actually do anything about *genocide*. Yes, that means biden wouldn't mind giving up votes he desperately needs against trump, which means he cares more about letting israel carry out its campaign of genocide than winning against trump.

Because it means you didn't waste your time manicuring your lawn, which is a status symbol.

Yazarogi posted...

Toothbrush youre just arguing in bad faith now.

I'm not the one defending support for genocide by throwing around the trolley fallacy.

metralo posted...

do you think we are literally just giving them billions for free

Do you think it's not money just because you launder it through the military industrial complex? Giving "old equipment" is simply clearing the way to build more shit. In other words, those billions are getting spent one way or another. You can jump up another layer of redirection and claim that our tax dollars aren't paying for this, it's actually paid for by debt, but eventually things come back to reality and the system falls apart. The system is made complex on purpose because you can more easily hide corruption through complexity. Just look at the stock market and all the ridiculous instruments at play there.

Euripides posted...

Who said he does?

The tired fallacy of the trolley problem.

Still waiting on an answer for why biden has to support genocide. He could stop the support for genocide and gain votes. A clear win-win.

nocturnal_traveler posted...

Why is this still even a debate? Dead Palestinians in the ME < dead Palestinians/lgbtq/poc/women in America.

It's selfish, but last I checked, this was a mostly American board. And once again, you had your chance to remove Biden in the primaries.

You know what's even better? Stopping a genocide and gaining voters and preventing all the bad things trump would do. Tell me why biden MUST support *GENOCIDE*. I highlight the word because people here are being awfully dismissive of it.

He looks like stop motion.

McMarbles posted...

People absolutely have been bringing up all of this, and the answer every time is BUT GENOCIDE.
Because they dont care about LGBTQ+ lives, they dont care about Ukraine, they dont care about reproductive rights, they dont care about climate change, and to be perfectly honest, they dont care about Palestine. They care about justifying their own laziness and apathy.

The democratic party in a nutshell, except they don't even pretend to care about genocide.

bfslick50 posted...

Have you learned nothing from last 10 years? The tea party took over Republican Party by being the reliable voters primary challengers fought over. Thats the strategy for taking over the party.

They also pushed out anyone who didn't agree with them. Meanwhile for democrats it's "vote blue even if poo" and to apparently accept genocide.

hockeybabe89 posted...

Wait. Why do we all agree on voting for Democrats every single time? I thought that teaches Democrats bad lessons and actually accelerates the GOP fascist takeover?

If that's not true, then I was right the entire time and there is no point to disagreeing with me.

And no shit we have to do more than vote. Doesn't change the fact that we need to vote.

Just because we agree on voting democrat every single time, doesn't mean that people at large will. There's also the problem where guaranteeing your vote means to democrats that they can take your vote for granted. Given that democrats have all the power here, what can they do to stop the genocide?

hockeybabe89 posted...

The Democrats aren't the ones threatening us! I'm fucking alarmed by how unalarmed the Dems are about this election! Project 2025 should be getting posted all over the place to highlight how dire things are! And that isn't fucking happening for some reason!

Well they're not going to go into detail because that would mean them actually doing something about it. Instead they'll say things like "trump is dangerous" and "we need to stop trump" because the only solution they propose is "vote for us".

hockeybabe89 posted...

But at least you have proven you are another fake leftist who views the very real and imminent threat of the GOP as Democrat fearmongering.

I'm a fake leftist because I want real solutions and not just "vote harder" while democrats continue to do nothing when voted in?

hockeybabe89 posted...

Describe how the Democrats losing would get us closer to ending the GOP.

Nobody is arguing for that. We all agree on voting for democrats every single time. Now describe how the democrats winning would get us closer to ending the republican party.

If democrats can threaten us with republicans every single election, what's their incentive to do better? Moreover, if that's the strategy, and given that the two-party system will guarantee a republican victory at some point, what's stopping project 2025 from being project 2029 or project 2033 or project 2037? Feels like we're just delaying things instead of actually fixing them.

https://www.youtube.com/watch?v=EhbI5WLCmFY

More PC-98 goodness:
https://www.youtube.com/watch?v=BZUa4u0dop0

Euripides posted...

I love how no one is considering the large number of pro-Israel voters who would turn on Biden if Biden flipped on this issue.

It's not like ever Democrat voter is on one side of this issue

Cemith posted...

I think you're underestimating just how popular israel is with Americans. Obviously people like us understand that what's happening in Gaza is genocidal, But most religious folk, especially the religious right, see Israel as some bastion of holy land. They, unfortunately, don't really give a fuck what's happening in Gaza because they consider Israel's autonomy above everything else.

Biden would lose more support from them than support he would gain from preventing what's happening in Palestine. At least, that's how it reads to me.

I certainly wish I was wrong, but I don't think I am.

Ninja'd :/

https://news.gallup.com/poll/642695/majority-disapprove-israeli-action-gaza.aspx