Everyone selling chips is part of a private GB (1 Viewer)

saleen121212 said:
I mean, put yourself in their shoes. The problem is simple. Say we get 50k chips from GPI and decide to be nice, we sell them for 3 each. Someone buys them in bulk and flips them for 6 and people still happily pay it. Sure some people will buy them, keep them and enjoy the discount, but most people will flip them like the Jack chips. So if mostly everyone is willing to pay $6, why not sell them for that from the beginning? No one wants other people to make money easily off their hard work.
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Uhhh... Put myself in there shoes? I didn't say anything negative or positive about it, literally just pointing out facts. If I had a group buy, all you bastards would pay royally. 15 a chip. Then I'd take all my chips, throw them in a bathtub and roll around in them while yelling your names and laughing.

Don't you F'N judge me.
 
saleen121212 said:
I mean, put yourself in their shoes. The problem is simple. Say we get 50k chips from GPI and decide to be nice, we sell them for 3 each. Someone buys them in bulk and flips them for 6 and people still happily pay it. Sure some people will buy them, keep them and enjoy the discount, but most people will flip them like the Jack chips. So if mostly everyone is willing to pay $6, why not sell them for that from the beginning? No one wants other people to make money easily off their hard work.
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This is a essentially a closed group. Why aren't those people then somewhat chastised? There's so much on here about flipping and this and that, but there doesn't appear to be any blowback. I mean I've recently seen a couple that were extremely obvious, where it was akin to a pickup on a marketplace or craigslist, and listed on here for profit before it was even in their hands.

I've privately sold sets that I found or bought for what I and the new buyer thought was a fantastic price. We usually agree to the caveat that if or when they sell, they must pass along at the same cost.
 
BarrieJ3 said:
This is a essentially a closed group. Why aren't those people then somewhat chastised? There's so much on here about flipping and this and that, but there doesn't appear to be any blowback. I mean I've recently seen a couple that were extremely obvious, where it was akin to a pickup on a marketplace or craigslist, and listed on here for profit before it was even in their hands.

I've privately sold sets that I found or bought for what I and the new buyer thought was a fantastic price. We usually agree to the caveat that if or when they sell, they must pass along at the same cost.
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Greed and free market. I have no problem with flipping other than I'd like a chance to buy chips at less than insane prices. If the buyer pays the flippers price then both parties are obviously OK with the terms. If no one paid the price it would stop, but there are deep pockets around here willing to pay for clay.
 
BarrieJ3 said:
This is a essentially a closed group. Why aren't those people then somewhat chastised? There's so much on here about flipping and this and that, but there doesn't appear to be any blowback. I mean I've recently seen a couple that were extremely obvious, where it was akin to a pickup on a marketplace or craigslist, and listed on here for profit before it was even in their hands.

I've privately sold sets that I found or bought for what I and the new buyer thought was a fantastic price. We usually agree to the caveat that if or when they sell, they must pass along at the same cost.
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What exactly does chastising people accomplish? It kind of reminds me of someone shooting an angle at the poker table, when the floor comes over, wags their finger, and says “don’t do that again.” It accomplishes nothing.

The only real remedy is if people don’t buy stuff from the flippers. But not everyone on this forum adheres to the same code of dealing with others. So there will always be buyers.

The only solution to the group buy problem is not to sell in the first place or to sell only to people who you know and trust not to resell. That’s it.
 
BarrieJ3 said:
This is a essentially a closed group. Why aren't those people then somewhat chastised? There's so much on here about flipping and this and that, but there doesn't appear to be any blowback. I mean I've recently seen a couple that were extremely obvious, where it was akin to a pickup on a marketplace or craigslist, and listed on here for profit before it was even in their hands.

I've privately sold sets that I found or bought for what I and the new buyer thought was a fantastic price. We usually agree to the caveats that if or when they sell, they must pass along at the same cost.
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Use to be like that but then people complained about them complaining, mods were in a lose lose situation.
 
How cool is this baby elephant pillow. Right now it's way more interesting that this thread :ROFL: :ROFLMAO: think I might buy it lol
Screenshot_20190920_165023.jpg
 
Hornet said:
What exactly does chastising people accomplish? It kind of reminds me of someone shooting an angle at the poker table, when the floor comes over, wags their finger, and says “don’t do that again.” It accomplishes nothing.

The only real remedy is if people don’t buy stuff from the flippers. But not everyone on this forum adheres to the same code of dealing with others. So there will always be buyers.

The only solution to the group buy problem is not to sell in the first place or to sell only to people who you know and trust not to resell. That’s it.
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I guess by chastise I mean to not sell to them in the future. I get that we can't thread crap, but I have seen and talked to people that at least try to warn new members without totally downing the for sale post.

I mean I've seen or done sales that had incentive for new members, we do freeby contests where members have to have so many posts, I almost did Supporting Members only on my You Call It sale...why is having sales for non flippers only strange?
 
Forty4 said:
Use to be like that but then people complained about them complaining, mods were in a lose lose situation.
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Appreciate the insight. Not trying to drudge up anything, just trying to see what works or hasn't worked. Makes total sense. I'm very happy to be here and how everything goes down, just curious as people were mentioning we're in an aberration of the usual market.
 
How do you define a flipper?

There are a lot of non-public sales on this forum where the “flippers” are never given a chance to buy.

I don’t consider myself a flipper and don’t buy and sell for profit. I love poker chips and actually use them in my home games. But I get the sense that at least one long-standing member has for some unknown reason disqualified me from buying from him. It’s not a great feeling.
 
Hornet said:
How do you define a flipper?

There are a lot of non-public sales on this forum where the “flippers” are never given a chance to buy.

I don’t consider myself a flipper and don’t buy and sell for profit. I love poker chips and actually use them in my home games. But I get the sense that at least one long-standing member has for some unknown reason disqualified me from buying from him. It’s not a great feeling.
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To be fair, Ruxin would totally be a flipper :rolleyes:

1568989571131.gif
 
ReallyGoodUsername said:
To be fair, Ruxin would totally be a flipper :rolleyes:

View attachment 341297
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Maybe ... I prefer to think that Ruxin would post a grail set for sale (whether he owned it or not), let someone think he had bought it at a good price, and then just not give it to the buyer. Eventually give him the money back, but let him sweat for a while ...
 
Certainly become more difficult to define. More members makes it harder to obtain chips at certain vendor sales. Then do you sit around waiting to try and acquire pieces that you missed out on? When you see what others are offering for what pieces you have/need do you really want to compete with them? Or sell to them? I know I built a very nice first set from a sale. I missed out on other parts and had the same struggle but someone I trusted put up a WTB but only wanted part and left me with a piece of it that I still have. But sold those items for what I paid. They were able to complete the set (with other purchases) and subsequently sold them for more money (don’t know how much more). In any case that person then sold them for even more money but did zero “work”.
 
Forty4 said:
Certainly become more difficult to define. More members makes it harder to obtain chips at certain vendor sales. Then do you sit around waiting to try and acquire pieces that you missed out on? When you see what others are offering for what pieces you have/need do you really want to compete with them? Or sell to them? I know I built a very nice first set from a sale. I missed out on other parts and had the same struggle but someone I trusted put up a WTB but only wanted part and left me with a piece of it that I still have. But sold those items for what I paid. They were able to complete the set (with other purchases) and subsequently sold them for more money (don’t know how much more). In any case that person then sold them for even more money but did zero “work”.
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THAT. I think that’s a primary example of what we’re (I’m) trying to avoid. The last person doesn’t deserve to make any money, it doesn’t hurt them to just pass it forward.

I mean it might help a little if when people are going to sell for a very different price, they offer first to the seller for the old price. This may not help a ton as I’m guessing most people wouldn’t buyback, but it should help a little. I’m using that rule (in my tag line), hopefully makes sellers a bit more comfortable with me (and encourages deals to and from me!).
 
Here are a few things I would say about this topic.

This is or can be an expensive hobby. Buy what you can afford and don't complain if the prices are too high for the budget that you operate in. Much like in cars, many would want a Ferrari but drive a Yugo because that is what they can afford. You don't see someone selling their house to buy a Ferrari just to flip it and if you do then they probably cannot afford to lose the money they invested in the first place first place. Why would you do it with chips!

Many get on this forum to buy poker and casino chips. As with any collectible they see a chance to make money on their investment (flipping). Some will flip so they can afford to buy more chips and some flip because they value money more than the chips or the community. Neither person is wrong, just different mind sets.

Will we have a chip pricing correction? If you are in it for the hobby and not merely the "profit", who cares? Chips just like stocks will go up and down. Some of us may remember 2008! What a year, I think I lost enough to buy my Ferrari but staying the game saw my investments recover and make more.

Bottom line, this is a hobby and can be a small investment. Like stocks and/or gambling, only invest what you can afford to lose. If you cannot afford to lose any and you choose to purchase chips then you are on your own in that decision.
 
BarrieJ3 said:
This is a essentially a closed group. Why aren't those people then somewhat chastised? There's so much on here about flipping and this and that, but there doesn't appear to be any blowback. I mean I've recently seen a couple that were extremely obvious, where it was akin to a pickup on a marketplace or craigslist, and listed on here for profit before it was even in their hands.

I've privately sold sets that I found or bought for what I and the new buyer thought was a fantastic price. We usually agree to the caveat that if or when they sell, they must pass along at the same cost.
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Chastising has definitely happened... There have been many threads/fights/spats in recent years as some of the more egregious "flipping" has occurred, and I don't think we need to regurgitate them here. And by flipping, I am referring to those sellers just price gouging to maximize profit. It's a free market here, and buyers/sellers can do what they want (as long as they're not scamming anyone). And as long as the transactions are legit, I don't take a stance either way in regard to prices/profits.

That being said, I think there has been some mild blowback: some users have left PCF to never return (Joe E. comes to mind after some notable rants), others have taken their sales/trades/transaction to PMs, or offsite entirely (eBay, Craigslist, private sales, etc.), and some people have completely blacklisted certain sellers, while others are more cautious with their purchases because they have concerns about what other (private) project they might be funding.

For better or worse, these decisions that members make with respect to their buying habits have ramifications for the community as a whole, and I don't think it goes completely unnoticed.
 
justsomedude said:
Chastising has definitely happened... There have been many threads/fights/spats in recent years as some of the more egregious "flipping" has occurred, and I don't think we need to regurgitate them here. And by flipping, I am referring to those sellers just price gouging to maximize profit. It's a free market here, and buyers/sellers can do what they want (as long as they're not scamming anyone). And as long as the transactions are legit, I don't take a stance either way in regard to prices/profits.

That being said, I think there has been some mild blowback: some users have left PCF to never return (Joe E. comes to mind after some notable rants), others have taken their sales/trades/transaction to PMs, or offsite entirely (eBay, Craigslist, private sales, etc.), and some people have completely blacklisted certain sellers, while others are more cautious with their purchases because they have concerns about what other (private) project they might be funding.

For better or worse, these decisions that members make with respect to their buying habits have ramifications for the community as a whole, and I don't think it goes completely unnoticed.
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This is the most reasonable, and IME most accurate post I’ve seen on the topic of flipping.
 
I think that any time you have something where high demand is generated, there will be people who look to capitalize off that. The bigger this site gets, the more flipping is going to become an issue here. That's just a part of the economics of things.

I just tend to stay in my lane and look for items in my price range. When items aren't in my price range (or move out of my price range), I just back off. IMHO, it's really just that simple.
 
shorticus said:
I just tend to stay in my lane and look for items in my price range. When items aren't in my price range (or move out of my price range), I just back off. IMHO, it's really just that simple.
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I understand and agree with your sentiment wholeheartedly, but unfortunately it’s nowhere near that simple. Too many things have happened and have been said for things to ever be simple again. The influx of new chippers who are unaware of past occurrences and who have more money than chip knowledge also add to the problem IME. Some of the noobs get excited and overzealous and purchase overpriced chips which over time causes others to see the sold pricing and then raise their prices to match.

As has been said before, one solution is to not buy overpriced listings but that’s naive to think that’s going to actually solve the problem.
 

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