Quoted from Gameseum:
There's three guys in a room:
Guy A bought a Twilight Zone for $1,000 and expects $1,000 out of it.
Guy B bought a Twilight Zone for $1,000 and expects $8,000 out of it.
Guy C bought a Twilight Zone for $8,000 and expects $8,000 out of it.
Guy A wins (and sleeps the best at night) whether the market continues to skyrocket, or crashes. I'd say Guy C is the only one at risk, and Guy B is just being a greedy bitch that can't really suffer a loss or a risk rather than one that is perceived, rather than an actual loss considering he only paid a grand for the thing.
If this hobby focused more on "getting what I paid for it" rather than "value" we'd have a lovely pool of games and a stagnant pricing for everything, but alas that's not the way the world turns.
This is more focused on the used games but all in all it all affects new game pricing as well
Good analogy, but I’d modify Guy C
Guy C bought a Twilight Zone for $8,000 and expects $8,000 out of it, but gets $10k. This is where the market seems to be right now.