#MTGFinance

[LinkCelestrial]

Yes but the supply isn't being manipulated to inflate the price.

Can you prove this either way?

I have no reason to believe that it's being manipulated. It has one print and is a grade A cantrip. It's very hard to manipulate a card like that without somebody noticing. It's possible that I'm wrong but I'm going to say the evidence for a change from the norm is lacking. 

[Cender]

An interesting story relevant to interests on here. German magic player being sued for a {Chromanticore} speculation of all of 30 cards: http://www.reddit.com/r/magicTCG/comments/37tqqa/how_selling_magic_cards_might_land_me_in_jail/

[Kaylesh]

An interesting story relevant to interests on here. German magic player being sued for a {Chromanticore} speculation of all of 30 cards: http://www.reddit.com/r/magicTCG/comments/37tqqa/how_selling_magic_cards_might_land_me_in_jail/

"Supposedly"

As I understand he bought 4 cards from them, playset. Then there is possible prior knowledge involved, which could lead to a conviction. I don't know enough of the actual case though to know what exactly they are going for here.

[MuggyWuggy]

Big card company (TCG distributor/3rd party portal owner) sues little card company (little guy making profit by speccing properly)

Seems dumb to me that these companies want to reap the profit all for themselves rather than encouraging profit for users smart enough to spec the market properly.

We do not berate people for investing in stocks and making money, we just tax them so hard that they have to make triple of their original investment in order to come out with double the original investment (cuz taxes)

[Rass]

But insider trading does happen.

[MuggyWuggy]

With manipulating prices at topic here:

The discussion of how vendors did not allow the price of tarm to fall at GP Vegas. Several vendors ended up buying a ton of tarms this weekend for anywhere from $110-$130 each.

Most predicted tarm would be below $120 after/during the GPs.

We've seen a flood of product but the mid prices are still solid while the lows keep fluxing (indicating purchase or price adjustments)

Why is it ok for a larger vendor to manipulate the market like so, but not for an individual who made a correct decision on speccing a card that was more limited to availability than most thought, which actually had a high demand?

When we look at some cards that are $40+ each, we have to wonder: is it worth that much? If it wins you a game in the eternal formats, then yes

People pay $30-$35 for ojutai, I think $40+ for eternal staples are fine, even if they were $15 3 months ago. Someone realized its necessity and scarcity and came up on it.

Wouldn't you go to the best fishing hole if you could?

[gtfotis]

Maynard belongs here, speccing on that stamped foil Goyf 😉

[Cender]

An interesting story relevant to interests on here. German magic player being sued for a {Chromanticore} speculation of all of 30 cards: http://www.reddit.com/r/magicTCG/comments/37tqqa/how_selling_magic_cards_might_land_me_in_jail/

In the interest of fairness: someone followed and got the other side of the story from the dealer who is suing' perspective.

http://atgn.com.au/sellers-beware-cautionary-tale-legal-entanglements-magic-players/

[Kaylesh]

An interesting story relevant to interests on here. German magic player being sued for a {Chromanticore} speculation of all of 30 cards: http://www.reddit.com/r/magicTCG/comments/37tqqa/how_selling_magic_cards_might_land_me_in_jail/

In the interest of fairness: someone followed and got the other side of the story from the dealer who is suing' perspective.

http://atgn.com.au/sellers-beware-cautionary-tale-legal-entanglements-magic-players/

Another lesson learned. I was too quick to react on this case.
Note to self: always check your facts.
As soon as profit is intended, it's commercial in Germany.

[MuggyWuggy]

Thank goodness I'm in America where I don't get in trouble for having a competitive price.

Yeesh