(Topic ID: 311979)

Deposit profiteering - we can fix this

By swampfire

2 years ago


Topic Heartbeat

Topic Stats

  • 200 posts
  • 73 Pinsiders participating
  • Latest reply 1 year ago by Aurich
  • Topic is favorited by 1 Pinsider

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    Topic poll

    “Should people be able to profit from a “spot”?”

    • Yes - it’s capitalism, get over it 73 votes
      54%
    • No - it’s helping to ruin the hobby 61 votes
      46%

    (134 votes)

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    #196 1 year ago
    Quoted from littlecammi:

    A newly coined term now added to the pinball lexicon. Companies like Amazon have accustomed people to expect extremely quick delivery. Opportunists recognize and profit from this demand for immediate gratification.

    I've known a lot of wealthy people. Some of them very nice, some of them a$$h@les. Money doesn't define your personality. If anything it makes nice people nicer, and jerks jerkier.

    Tell you what's rare to find though, a rich person who's patient. I'm sure they exist, lots of people on this mud ball. But why wait if you don't have to?

    Anyways, here's what I don't get. If you have thousands and thousands of dollars just sitting around being useless that you can tie up buying deposits on pinball games ... why do it? I mean, it's kind of a crummy way to make money. Sure, you might turn $4000 into $8000 or something, but if you've got that much spare cash is that really a huge windfall? There's always a risk involved too, it's not a sure thing.

    Seems like a strange way to be a bit of a scumbag to me I guess. Just day trade or something.

    At least if you're rich and paying $3000 for someone's deposit to get a game faster you're just being impatient to enjoy a toy. The flippers are just being low key parasites on the hobby for this little dinky return, I don't actually get it.

    #198 1 year ago
    Quoted from Methos:

    I am in the service industry, and there are plenty of people from lower economic thresholds that have absolutely no patience, nor understanding, compassion, professionalism, deciency, etc.
    I get the point you are attempting to make, but you are stereotyping a wee bit.

    This isn't about stereotyping personalities, it's about the reality of money. When you're rich you don't have to wait, because you can make things appear by opening your wallet.

    Want a game? Rare or otherwise? Post a wanted thread, and make your offer high enough and one will appear. It's that simple.

    "Regular people" hunt for games. For many of us the hunt is part of the pleasure honestly. You have a list of things you keep an eye out for, you check the listings regularly, you stumble across random things in the process. A laugh, a treasure, that game your friend wanted. Looking out for things is part of the hobby tradition.

    Rich people show up at the Banning auction, see a game they want now, and pay for it. We sit there shaking our heads, because we know they paid 4x what you could get one for, but that would mean spending time looking. They can afford to not look and make it appear.

    11
    #200 1 year ago
    Quoted from d0n:

    A "rich person" is rich because they know the value of money versus time and understand how short life is.

    Huh, is that how it works?

    Anyways, HEP working on a machine adds value to the hobby and the world. He does a lot of work and leaves things better than he found them. People paying him for his time is very reasonable.

    What value someone buying up multiple pre-order spots to flip them for a profit adds to anything is beyond me.

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