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| 18 Nov 2012 05:18 PM |
INTRODUCING THE NEW CONCEPT TO LMAD; ITEMS DO INDEED LOSE VALUE!
After years of people ignoring the fact that items lose value, IT IS TIME TO ACCEPT IT!
Since the beginning days of the Limited which inhabits the ROBLOX catalog, and various inventories, ROBLOXians (LMaD is a big portion) decided that items don't drop in value, but that is false, they do! These ROBLOXians/LMaD'ers tend to stand strongly with their invalid arguments that when a limited is at 10k, and not selling, it is still worth how much it was worth at it's peak!
For a good example, let's take a look at The Void Star!
At it's prime, the Void Star was worth 40,000R$, maybe more!
Now it is selling for 30,000R$, even 28,000R$, but some ROBLOXians/LMaD'ers continue to argue that it is worth 40kR$!
Unfortunately for these ROBLOXians/LMaD'ers, it isn't worth that! Many items have been reducing in value.
Another example is Arctic Commando! At it's prime, it was worth about 100,000R$, but now it sits at 80,000R$ (Been there fore more than 2 days!).
If we try to say, "Intern Shades for AC," people say, "AC > Intern Shades!" That is false! Intern Shades are currently valued at 80,000R$, while Arctic Commando is worth around 75,000R$. An item can not be worth more than what it's lost price is.
Example:
Dominus Infernous sells for 1R$, but is never bought, but people value it at 10,000R$. That is not correct! If the item is worth that much, why does no one buy it for 1R$, and make more profit? Because it isn't worth 10,000R$!
NEW STUFF THAT HAS BEEN ADDED TO TIE UP LOSE ENDS (COMMON ARGUMENTS THAT I'VE SEEN)!
In a reply to BCM: An item never sells for above 200kR$, but is valued at 250kR$ because of the trades that it receives. Let's challenge this with an example. If I trade my RSTF for an Egg, the Egg is now worth 250kR$, or the RSTF is now worth 100R$? That is incorrect!
Another point he brought up is that you would have needed items to sell to make that amount of ROBUX to purchase the item, therefore it is incorrect. THIS IS WHY THAT IS WRONG! Just like real life, THERE ARE MANY WAYS TO MAKE MONEY ASIDE FROM SELLING STUFF! BC income, selling clothing (Pants, Shirts, etc.) place visits, Trade Currency, etc!
Another example: The new iPhone 5 was just released, and it's current retail value is from $700 and up! After 10 years, new iPhones are released (iPhone 6, 7, 8, 9, etc.). By some peoples' logic on ROBLOX/LMaD, that iPhone 5 will still be worth $700 and up? No! Items lose value!
Another argument that is brought up is that ROBLOX economics and real life economics are not alike. Yes they are! They both are based off of supply and demand!
(I'm not trying to trade Interns along for AC along.)
Bid on my items. |
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Linkmon99
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| Joined: 11 Feb 2009 |
| Total Posts: 29662 |
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| 18 Nov 2012 05:19 PM |
| No, its from desperate people trying to sell, things fly back up when the madness ends. Sorry but yea. |
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| 18 Nov 2012 05:20 PM |
@DH
Yup!
@Link
That is incorrect! |
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BobCowMan
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| Joined: 14 May 2010 |
| Total Posts: 22634 |
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| 18 Nov 2012 05:20 PM |
iphone example is incorrect
You're saying STF should be worth less than PSTF, and RSTF should be less than STF
~MOOOOlah 3:8~ holy ponure!!1 |
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| 18 Nov 2012 05:21 PM |
@Bob
That is incorrect because STF has a big demand and a small supply! |
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Zevade
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| Joined: 18 May 2012 |
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| 18 Nov 2012 05:21 PM |
| You sir... Have won the game. |
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dhr1
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| Joined: 15 Apr 2008 |
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| 18 Nov 2012 05:21 PM |
Windforce suffered the most
It was more then db
Now it's less than cc |
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BobCowMan
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| 18 Nov 2012 05:22 PM |
Your reply to me:
That is a horrible example because that would be a transfer of an item
You can't really count that as an example at all actually, and my thread said nothing about how items change their values when traded with other items
~MOOOOlah 3:8~ holy ponure!!1 |
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| 18 Nov 2012 05:22 PM |
@Dhr1
That is also a great example! |
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dhr1
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| Joined: 15 Apr 2008 |
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| 18 Nov 2012 05:22 PM |
Oh yeah and cc
Cc was worth pstf
Now it's nothing |
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| 18 Nov 2012 05:22 PM |
@Bob
It is an example for a reason! If someone did it as a legitimate trade! |
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BobCowMan
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| 18 Nov 2012 05:23 PM |
@Perf
Then fix your example for the iPhone5! My STF is the same thing is your iPhone thing, just in ROBLOX terms!
~MOOOOlah 3:8~ holy ponure!!1 |
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| 18 Nov 2012 05:24 PM |
While reading this thread, it seems some common sense was not factored in.
If say, CF gets a trade for a 12k RAP, are the people who own it going to accept the trade? Of course not. That is why CF sells low but people consider it to still be worth 15k in TRADING VALUE, because the CF normally gets 14k-15k RAP trades.
But, if that 12k RAP trade was accepted does that mean that 12k RAP trades normally get accepted for CF? No, it does not.
tl;dr: The economy is in the hands of the players. |
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| 18 Nov 2012 05:24 PM |
| guys, things fluctuate. if prices kept going up and up infinitely, then no one could afford anything, making everything worthless. |
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BobCowMan
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| 18 Nov 2012 05:24 PM |
@Per
That's what i call a 'biased example', something that is hypocritical to your own post!
~MOOOOlah 3:8~ holy ponure!!1 |
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| 18 Nov 2012 05:24 PM |
@Bob
So that means that items' values are completely based off of sales! And I already did, it is called supply and demand! |
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BobCowMan
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| Joined: 14 May 2010 |
| Total Posts: 22634 |
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| 18 Nov 2012 05:25 PM |
@willing
Exactly!
http://www.roblox.com/Forum/ShowPost.aspx?PostID=82366491
~MOOOOlah 3:8~ holy ponure!!1 |
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