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DAD LOST MY IPOD posted:Magic cards do not have normal supply curves because magic players have price memory issues and won't sell their stormbreath dragon they bought for $30 for less because it's gonna be worth that much again someday!!!! Yeah dude. We all act like prices we're buying inelastic goods or maybe even Veblen goods. Gotta have that cardboard crack.
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Feb 4, 2016 00:23
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Huh it looks like Wasteland hasn't dipped at all in price since the expedition came out Weird
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Feb 4, 2016 00:23
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Literally The Worst posted:Huh it looks like Wasteland hasn't dipped at all in price since the expedition came out wait until the summer set
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Feb 4, 2016 00:24
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Literally The Worst posted:You're reading it backwards. The new version costs more. This does not make the old one cost significantly less "Expedition" style reprints don't necessarily need to be premium foils with new art. If they were literally the same card with a special symbol the price would (probably) fall. The rarity+foil+new art is a big reason the expys are so pricy, IMO.
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Feb 4, 2016 00:24
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Expeditions don't do anything appreciable for Modern prices, but including them in sets helps drive down Standard prices, since people cracking packs for expeditions end up increasing the supply of Standard cards. In theory combining expeditions with mass reprints of normal cards would let ~true value collectors~ have their ungodly expensive versions of cards while allowing cardboard peasants to still have access the manabases needed to play the game. Without mass reprints there's not much point, though; who needs an extra-expensive version of a card whose cheap version costs $100?
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Feb 4, 2016 00:26
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It's funny whenever these arguments break out because clearly people want the ~rare pepe~ versions of cards. Yet they'll vehemently rage against reprinting those same cards at common, afraid that their original versions will crash in price. 
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Feb 4, 2016 00:27
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Chill la Chill posted:It's funny whenever these arguments break out because clearly people want the ~rare pepe~ versions of cards. Yet they'll vehemently rage against reprinting those same cards at common, afraid that their original versions will crash in price. Polluted Delta from Onslaught costs literally a third what it did pre Khans and that was at rare
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Feb 4, 2016 00:29
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Fuzzy Mammal posted:Yeah mox boarding house holds one week a month. Usually gets 20-40 players actually. Sup, Mox buddy?
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Feb 4, 2016 00:32
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Literally The Worst posted:Polluted Delta from Onslaught costs literally a third what it did pre Khans and that was at rare Yeah and it's still worth more than the peasant version. You can have both. I'll be happy trading my expensive goyfs for the cheap goatse goyfs and you can play with your $100 ones.
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Feb 4, 2016 00:33
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Chill la Chill posted:Yeah and it's still worth more than the peasant version. You can have both. I'll be happy trading my expensive goyfs for the cheap goatse goyfs and you can play with your $100 ones. But they won't be a hundred dollars. That's what you're missing. You're really bad at this whole thinking thing.
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Feb 4, 2016 00:34
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"Hmm if reprinting the cards at rare caused them to drop by 2/3s printing them at common will do exactly the same thing"
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Feb 4, 2016 00:35
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Literally The Worst posted:But they won't be a hundred dollars. That's what you're missing. You're really bad at this whole thinking thing. They will be because you see, we have this thing called price memory.
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Feb 4, 2016 00:36
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Chill la Chill posted:They will be because you see, we have this thing called price memory. And we all know that that is a firm and inflexible thing that doesn't cave in the face of a massive new supply flooding the market
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Feb 4, 2016 00:37
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Literally The Worst posted:And we all know that that is a firm and inflexible thing that doesn't cave in the face of a massive new supply flooding the market Correct. Wizard cardboard is price inelastic.
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Feb 4, 2016 00:38
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Chill la Chill posted:Correct. Wizard cardboard is price inelastic. Mmmmmmmmmm no
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Feb 4, 2016 00:39
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Chill la Chill posted:Correct. Wizard cardboard is price inelastic. Mmmmmmmmmm no
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Feb 4, 2016 00:39
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Literally The Worst posted:What's a metaphor A race of creatures that Urza made for troops for the Phyrexian invasion. They're blue.
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Feb 4, 2016 00:44
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Is it not possible to discuss this civilly?
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Feb 4, 2016 00:46
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Literally The Worst posted:Mmmmmmmmmm no
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Feb 4, 2016 00:46
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Chill la Chill posted:I know I'm being trolled by the great Dickeye, but I'm responding in good faith. Mtgfinance types love raving about price memory, which implies inelasticity, and people enjoying the rarer versions of cards. If that's true, then what are you afraid of if the same card is reprinted at common? Surely people will want the rare version more, thus keeping its price. We just talked about how it wasn't true for Onslaught fetches once those were reprinted, to a pretty significant degree.
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Feb 4, 2016 00:48
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Chill la Chill posted:I know I'm being trolled by the great Dickeye, but I'm responding in good faith. Mtgfinance types love raving about price memory, which implies inelasticity, and people enjoying the rarer versions of cards. If that's true, then what are you afraid of if the same card is reprinted at common? Surely people will want the rare version more, thus keeping its price. Because it's literally not true. They retain some value, but not all of it, as evidenced by the ONS fetches plummeting
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Feb 4, 2016 00:49
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MiddleEastBeast posted:We just talked about how it wasn't true for Onslaught fetches once those were reprinted, to a pretty significant degree. Are you telling me that mtgfinance buzzword price memory isn't a real thing?  In any case, the funny thing is that a lot of people here accuse me of not liking magic and preferring to play eurogames (which may be true), but it seems like I advocate for more people being able to play magic than a lot of people who value their collections more.
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Feb 4, 2016 00:50
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MiddleEastBeast posted:Is it not possible to discuss this civilly? literally no one who posts about magic prices or attempts to make money off of magic has the slightest understanding of economics or finance least of all Wizards of the Coast
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Feb 4, 2016 00:50
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black potus posted:literally no one who posts about magic prices or attempts to make money off of magic has the slightest understanding of economics or finance least of all Wizards of the Coast Hire me Wizards
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Feb 4, 2016 00:51
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Literally The Worst posted:Hire me Wizards you'd fit right in!!!!
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Feb 4, 2016 00:52
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black potus posted:you'd fit right in!!!! I think it's safe to say I understand economics better than WotC currently does
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Feb 4, 2016 00:52
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Hm maybe I should change the topic of my economics term paper from something to do with current events in the middle east to magical trading cards.
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Feb 4, 2016 00:53
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Chill la Chill posted:Are you telling me that mtgfinance buzzword price memory isn't a real thing? I can't tell if you're trolling me now, so I'll post this in good faith.  edit: and for what it's worth, I'd love for unaffordable formats to become more affordable, and I have a collection that would take a fairly sizeable hit if that came about in a way similar to the chart above MiddleEastBeast fucked around with this message at 00:55 on Feb 4, 2016 |
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Feb 4, 2016 00:53
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We need to make Modern easier to get into, but we'd better not lower the price of any Modern card in any way.
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Feb 4, 2016 00:55
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Lottery of Babylon posted:We need to make Modern easier to get into, but we'd better not lower the price of any Modern card in any way. Yeah I agree that would be a dumb thing to say, good thing nobody here said that
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Feb 4, 2016 01:00
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Orange Fluffy Sheep posted:A race of creatures that Urza made for troops for the Phyrexian invasion. They're blue. And they're from 2000. Clearly they're what's returning for Shadows of Innistrad.
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Feb 4, 2016 01:22
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Literally The Worst posted:Yeah I agree that would be a dumb thing to say, good thing nobody here said that That's a pretty common internal inconsistency you see on other message boards about the price of modern.
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Feb 4, 2016 01:24
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Chairman Pow! posted:That's a pretty common internal inconsistency you see on other message boards about the price of modern. Well yeah but it wasn't really germane to "what effect will various types of reprint have on card prices"
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Feb 4, 2016 01:25
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Did they abolish 2HG on MODO yet? I vaguely remember that was a thing people were making a stink about
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Feb 4, 2016 01:30
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I can't wait until rotation when people start actually playing with Mirrorpool on MTGO and get blown out by not realizing you have to know how to hold priority in order to copy a removal spell.
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Feb 4, 2016 01:35
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Cactrot posted:explain further. Swype turned Modern into Standard. Idk how or why.
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Feb 4, 2016 01:48
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The Onslaught fetch reprint in Khans is actually a good example of a successful reprint, I would say. The originals are not as expensive as they were, but they are still more expensive than pieces of cardboard have any right to be. The new versions are still valuable (less so than the originals, which is good for collectors) and at one point during their standard stay were about as affordable as you could ever reasonably expect them to be. The problem is that this type of helpful reprint has never been done for any in demand (at the time) modern staples, the format that is the cause of most of the insane price spikes of recent times and what is causing many players grief. Reprint Snapcaster, enemy fetches, etc. in standard at rare and with new art. Problem solved. Don't wait 10 years or so to do it like they did with fetches and all is good.
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Feb 4, 2016 02:03
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just rust posted:at rare Not likely. just rust posted:Don't wait 10 years or so to do it Not likely.
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Feb 4, 2016 02:10
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The best comparison imo is probably Thoughtseize, right? How did that affect things?
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Feb 4, 2016 02:11
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Alris posted:The best comparison imo is probably Thoughtseize, right? How did that affect things? Thoughtseize was at about $40 up until sometime around Gatecrash, when it jumped up to $60. Theros pushed it back down to $40, where it's been since. It was kinda nice but you can't just do that for one card per year and make any headway. I guess it's better than this year, when WotC did the same for no cards at all.
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Feb 4, 2016 02:17
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