Chip Pricing (1 Viewer)

I don't think it's toxic. If it helps to keep prices lower, that is good for the chippers with less expendable income. If Jim bans a flipper from participating in future sales, that is good for the community. If members won't sell, or will sell only as a last resort to known flippers, prices are kept down, and buying/selling becomes easier.

Why happened to this guy, playing by site rules?

https://www.pokerchipforum.com/thre...-last-set-of-customs-to-hof.37080/post-689606
 
I still try to say little against flipping. It is permitted on PCF. I don't like it, but them's the rules, and a try to play by them.

Since this is a topic discussing flipping, and what seperates a "flipper" from a guy "just selling, albeit for a profit", I felt free to chime in.

Selling is a bit of a minefield. You take a risk when selling for a profit that people will lambaste you. That is why I have 3 racks of ES $5s that I am willing to sell, but have not put them in the classifieds. If I sell them, being an outspoken opponent of flipping, I'm a hypocrite. If I sell them for cost, i'm a sucker, and someone else will immediately sell them for a profit. If I keep them, I have options which $5 I use in cash games.
 
Well, since we are on the subject of flipping and community....

How about you shut the classifieds down for about three months and then see what “community” means or even how much “community” remains.

Hard for flippers to thrive if there’s no place for them to flip.
 
Well, since we are on the subject of flipping and community....

How about you shut the classifieds down for about three months and then see what “community” means or even how much “community” remains.

Hard for flippers to thrive if there’s no place for them to flip.

haha this would be interesting
 
My complaint is when chips are purchased via the forum and then immediately resold to other chippers at a marked-up price. That action exploits the generosity of the original lower-cost sales and transfers the profit into the flipper's pocket. That's the true definition of "flipping" to me: exploiting an existing PCF sale to generate additional profit from a subsequent and nearly-immediate PCF sale. Flipping is a fast act with limited ownership, a parasitic tax intended solely for profit.


That was mine, and it was fun to help other friends and members get the extra high denomination chips that I wasn't planning to use. However, the reality is that some folks took the chips that were sold to them at cost and sold them for fairly high profits within just a couple of weeks (i.e., when the natural market price correction occurred). I was a bit disillusioned when I saw that; however, I now simply try to deal with chippers that are good friends and don't bother trying to correct the inequalities that exist elsewhere. Initial purchases and sales that are separated by time don't bother me as much, since the buyer is taking the risk of an adverse market correction. Buying cheaply from eBay/Craigslist/LetGo and selling for higher prices is also OK with me, as chips are becoming available to the forum that otherwise may not have been. I did that with the LCOs, and nobody has ever called me a "flipper" from that little adventure.

All that having been said, folks can do whatever they want to with chips they buy. After all, they are their property. Certainly selling "at cost" can be seen as an altruistic gesture, but plans change and surprises happen so l don't think anyone is qualified to be the forum judge and jury. Judging flipping is like judging porn, you know it when you see it and it's subjective to each individual. Just my $0.02 on the topic....

Well said.
I would agree 100% with the opening paragraph of what I would consider "flipping"
 
I don’t understand - which guy and what happened? What are you saying? That thread was a cluster-f### but nothing happened to anyone afaik.

Nothing happened to anyone. "this guy" was a reference to the Jeckyll side of PZ. Did not mean for you to take my text literally.
 
Nothing happened to anyone. "this guy" was a reference to the Jeckyll side of PZ. Did not mean for you to take my text literally.
Ah, sorry. I read this stuff fast and don’t follow as well sometimes.
 
Just to set the record straight:

>It's also starting on eBay -- I just checked, and somebody is auctioning single Jack $25s (primary and secondary) with a starting bid of $3.50 a chip.

Those are mine.

>Yeah, he's a well-known and mostly despised flipper.

That may be your opinion, but I think many PCF members would disagree.
 
I used to really appreciate the generosity of fellow chipoers and the effort we all put into keeping things sane with prices. It still happens on a smaller scale that is more underground between groups which is nice.

For me the boat chips set a new tone. I also passed on a couple awesome deals to other buyers only to see them sold again for a profit. It just made me feel like a chump so I vowed I’d never do it again and just pass the deals on to my “private” network.

I’m at peace with it now. Makes it easier if everyone just gets what they can get. If I sell for the current maximum value and later that buyer sells for the new maximum value, I’ll have no ill feelings. I sold all of my Le Coves for less than $2 years ago which was a good price at the time. I don’t hold it against anyone for now charging me $5 for those same chips.
 
For me the boat chips set a new tone. I also passed on a couple awesome deals to other buyers only to see them sold again for a profit. It just made me feel like a chump so I vowed I’d never do it again and just pass the deals on to my “private” network.

I agree with this. Outside of the auction I purchased in JAN from Inca most of my sales/purchases are done privately now.
 
Well, since we are on the subject of flipping and community....

How about you shut the classifieds down for about three months and then see what “community” means or even how much “community” remains.

Hard for flippers to thrive if there’s no place for them to flip.

I don't know if this is possible but I think the message count/reaction score for classifieds shouldn't count towards your totals. I was looking at a member who had a large post count so assumed he was a stand-up guy but then saw that practically all his posts were in the classifieds. There's nothing wrong with being here just to buy and sell but it would be nice to be able to differentiate between those that make a community and those that are just here for sales.
 
I don't know if this is possible but I think the message count/reaction score for classifieds shouldn't count towards your totals. I was looking at a member who had a large post count so assumed he was a stand-up guy but then saw that practically all his posts were in the classifieds. There's nothing wrong with being here just to buy and sell but it would be nice to be able to differentiate between those that make a community and those that are just here for sales.

Why does it matter though? If all someone does is consistently put chips up for sale in the classifieds that IS a valuable part of the community IMO.

This attitude of finger pointing and trying to draw a line in the sand between good guys and bad guys is really not helpful. If someone deals fairly with me and communicates well then I approve. The french guys are a good example. They don't participate in the forum outside of the classifieds for the most part but it is good to have them. The more people the better.
 
the only thing that bother's me about that auction for the Primary 1K's is he started it at $200. which is at cost. if he was just looking to sell the barrel, then put it up for sale at your cost. simple. or start the auction at $0 and see where it takes you. but since he started at $200 he was looking to see how much extra he could get out of it. that stuff i can do without, but its been said. if i dont like it, i dont have to bid on it. ill stick with that concept. just frustrating to watch.
 
Why does it matter though? If all someone does is consistently put chips up for sale in the classifieds that IS a valuable part of the community IMO.

This attitude of finger pointing and trying to draw a line in the sand between good guys and bad guys is really not helpful. If someone deals fairly with me and communicates well then I approve. The french guys are a good example. They don't participate in the forum outside of the classifieds for the most part but it is good to have them. The more people the better.
Now you misunderstand - I'm not finger pointing at all. There is a vast difference between those who help you with designs, chip suggestions, breakdowns, advice for home games, rules, casino etiquette and the millions of other things we talk about and those that are only here to sell without being a vendor. Whats so bad about wanting to know who's who? There's already a label for Vendors...
 
Now you misunderstand - I'm not finger pointing at all. There is a vast difference between those who help you with designs, chip suggestions, breakdowns, advice for home games, rules, casino etiquette and the millions of other things we talk about and those that are only here to sell without being a vendor. Whats so bad about wanting to know who's who? There's already a label for Vendors...

I don't really make a delineation between vendors and other people who seem to sell alot of chips. It makes no difference to me.

I am just salty about this thread. I am surprised how willing people are to judge.
 
I was looking at a member who had a large post count so assumed he was a stand-up guy but then saw that practically all his posts were in the classifieds.
I think people can be a "stand-up guy" but stick to the classifieds just as much as someone who may not be a "stand-up guy" but only sticks to the discussion threads. If you prefer to buy people who add their opinions and not just chips to the forum then their profile which shows past postings works great and sounds like what you used. I do agree with you that the people only listing WTS threads but don't want to be a vendor are dinks but again looking at their past postings makes that clear in under 10 seconds.
 
Call me a tinfoil conspiracist but I'm not buying ANY smart microwaves/fridges/lights/locks/alexa etc. just not worth the bells and whistles

I don't think it is being a conspiracy theorist it is just being practical. I am so not interested in any smart appliances or Alexa type devices.

What Snowden revealed in 2013 showed that our privacy really is under attack.
 
I think people can be a "stand-up guy" but stick to the classifieds just as much as someone who may not be a "stand-up guy" but only sticks to the discussion threads. If you prefer to buy people who add their opinions and not just chips to the forum then their profile which shows past postings works great and sounds like what you used. I do agree with you that the people only listing WTS threads but don't want to be a vendor are dinks but again looking at their past postings makes that clear in under 10 seconds.
Yeah, I didn't phrase that correctly. Anyway, I don't really want to continue this conversation so maybe I should just keep my mouth shut.
 

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