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Re: Items that are truly rare vs. "Rares"

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DX5555555v is not online. DX5555555v
Joined: 11 Dec 2013
Total Posts: 28977
01 Jan 2017 10:40 AM
This is something I have been meaning to write a report on for a long while, but let me explain some economics to you kids...........


"Rares" are not really all that rare. You might think wow only 25 or 50 of this certain item exist, and you might think that is a low amount. This amount is truly deceiving. Because for a lot of these rares, despite the low stock, the supply consistently outweighs the demand by a large margin.


While only 25 TGCs####s########re are far more supplied than demanded (units which people are willing and able to pay for)

Therefore, these items are actually COMMON. You can always pick them up because they are in SURPLUS.

The problem with an item being in Surplus is that it is in a constant state of lowering to push down toward equilibrium.... The owners refuse to sell that low because they do not know how to cut their losses on a bad item....

You want to know a truly rare item....? Valk. You think I'm crazy? I'm not.

The Valk has far more demand than it has supply on the curve... You could say there is a Valk shortage. I have enough to get a Valk however I do not have one because I cannot find a seller to meet recent price. The price is consistently going up because of this. Even after being LPP"ed (LPPs can only affect value in the short run. It is a waste of time to do one) the item rebounded due to the fact that it is in shortage.

Fuchsia is a good example of an item that was scarce and in shortage but the demand curve shifted left because of an update to the site! The new demand shift I believe outweighed the demand, so it went from being in shortage to in surplus. I think the Fuchsia market is moving towards equilibrium because reasonable people own Fuchsia unlike rares.


Tl;DR: Valk is scarce. TGC is not.
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DX5555555v is not online. DX5555555v
Joined: 11 Dec 2013
Total Posts: 28977
01 Jan 2017 10:42 AM
@ the sentence that got ruined While only 25 #### ###### there are far more
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DX5555555v is not online. DX5555555v
Joined: 11 Dec 2013
Total Posts: 28977
01 Jan 2017 10:42 AM
@ sentence that got ruined again


Tough Guy Caps exist
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Ka_za is not online. Ka_za
Joined: 19 Jul 2013
Total Posts: 18681
01 Jan 2017 10:44 AM
ok thats just stupid


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DX5555555v is not online. DX5555555v
Joined: 11 Dec 2013
Total Posts: 28977
01 Jan 2017 10:45 AM
Ok so the fundamental theorem of economics is just dumb right


An entire field of study taught everywhere from Harvard University to your local high school is just completely "stupid"
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Buff_Grandpa is not online. Buff_Grandpa
Joined: 21 Mar 2012
Total Posts: 9499
01 Jan 2017 10:45 AM
ok thats just stupid [2]


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DX5555555v is not online. DX5555555v
Joined: 11 Dec 2013
Total Posts: 28977
01 Jan 2017 10:47 AM
Please get educated kids


Rares are in surplus. That's why you can always get one. Valk is in shortage that's why you can hardly get one without "OPing" (your offer might not even be OP since the thing is in shortage and the price is consistently rising)
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Kingstroy is not online. Kingstroy
Joined: 02 Nov 2014
Total Posts: 633
01 Jan 2017 10:48 AM
except in roblox terminology, rare is just very low amount in circulation


Destr0i / +30k Posts
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ArmanCekin is not online. ArmanCekin
Joined: 26 Dec 2015
Total Posts: 6493
01 Jan 2017 10:48 AM
@op

RAP: 89,628
Value: 98,399
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DX5555555v is not online. DX5555555v
Joined: 11 Dec 2013
Total Posts: 28977
01 Jan 2017 10:49 AM
13 year old kids think they are smarter than a field of study older than the USA....


Maybe someone SMART will read this. Hell, I'll just take someone OLD.
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ShuddaPudda is not online. ShuddaPudda
Joined: 02 Aug 2011
Total Posts: 31101
01 Jan 2017 10:49 AM
Someone woke up with pee in his Cheerios
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Buff_Grandpa is not online. Buff_Grandpa
Joined: 21 Mar 2012
Total Posts: 9499
01 Jan 2017 10:50 AM
cringe


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DX5555555v is not online. DX5555555v
Joined: 11 Dec 2013
Total Posts: 28977
01 Jan 2017 10:50 AM
You could say that TGC is rare, but it is not SCARCE.

You could say that Valk is not rare, but it is INCREDIBLY scarce.


The point is that scarcity is MUCH more important to profiting than rarity if you would like to put the terms into Roblox jargon.
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JessicaWallcroft is not online. JessicaWallcroft
Joined: 04 Jan 2010
Total Posts: 278
01 Jan 2017 10:51 AM
"to you kids"



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Buff_Grandpa is not online. Buff_Grandpa
Joined: 21 Mar 2012
Total Posts: 9499
01 Jan 2017 10:51 AM
i see 10+ different ppl with valks a day

i see 1 guy with tgc (sometiems ) a day


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DX5555555v is not online. DX5555555v
Joined: 11 Dec 2013
Total Posts: 28977
01 Jan 2017 10:51 AM
Economics is the distribution of scarce resources, and if your item isn't scarce......................


It will be in surplus and you will be losing money every second you hold onto it.
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Ultimized is not online. Ultimized
Joined: 21 Oct 2010
Total Posts: 22507
01 Jan 2017 10:52 AM
I'm starting to think you make more sense by the day.


- Ult
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DX5555555v is not online. DX5555555v
Joined: 11 Dec 2013
Total Posts: 28977
01 Jan 2017 10:52 AM
@Idiot:


You didn't read the thread. Even if there was only ONE.... ONLY ONE TGC OWNER IN THE UNIVERSE......


There would STILL be a surplus for that item because it is so unpopular and the demand curve is so far to the left XD
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decompositional is not online. decompositional
Joined: 09 Jun 2011
Total Posts: 30615
01 Jan 2017 10:53 AM
macro + micro economics

i understand what ur saying

these 13 year old undeveloped kids don't understand lol

and ppl saying he has low rap. he was deleted new bahgs
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DX5555555v is not online. DX5555555v
Joined: 11 Dec 2013
Total Posts: 28977
01 Jan 2017 10:54 AM
I didn't invent this. I didn't come up with this. I only learned this while studying economics. You can't argue with me you can only argue with you know an entire field of study taught EVERYWHERE.
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woof67 is not online. woof67
Joined: 22 Dec 2007
Total Posts: 7482
01 Jan 2017 10:54 AM
i agree until the valk bit


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Ultimized is not online. Ultimized
Joined: 21 Oct 2010
Total Posts: 22507
01 Jan 2017 10:54 AM
@Decom
Not to forget the millions he donated to his many "female friends".


- Ult
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Max98744 is not online. Max98744
Joined: 13 May 2015
Total Posts: 65
01 Jan 2017 10:54 AM
WE WANT NORMAL ACCOUNTS TO GET
AT LEAST 5 R$ PER DAY!
COPY AND PASTE THIS TO START A RIOT
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catroar is not online. catroar
Joined: 19 Jul 2011
Total Posts: 6348
01 Jan 2017 10:55 AM
did you take ma c ro lol?


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DX5555555v is not online. DX5555555v
Joined: 11 Dec 2013
Total Posts: 28977
01 Jan 2017 10:55 AM
@Decomp: well I have only been trading about a month and I haven't been totally committed to making good profits I've kinda just been messing around.


Back when I was rich I was very committed to trading and making profit every day.
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