(Topic ID: 234629)

What is a flipper? Definition of?

By cottonm4

5 years ago


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  • 52 posts
  • 28 Pinsiders participating
  • Latest reply 5 years ago by QuietEarp
  • Topic is favorited by 1 Pinsider

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    #15 5 years ago
    Quoted from cottonm4:

    Ok. If I understand you correctly, if he does not turn the pin immediately and sits on it for some time then he is not a flipper? Even if he just brings it home and does nothing to it and then sells it some time later he does not qualify as a flipper? Is this what you are saying? That time is the only difference? A 24 hour turn makes a flipper and couple of months does not?

    The shorter time frames make it easier to identify as a flipper. When someone buys up games, sits on them for months, and resells them at a markup with little or nothing done to them - well, we have other words for that. This is someone who doesn't care about the hobby and just makes it worse for everyone else. The prices are driven up, it takes genuine hobbyists a long time to find games they want, and the games themselves suffer because they don't get cared for and brought up to better condition, much less restored. A flipper simply cares more about the money than the games, and is likely flipping just about anything else they can buy low and sell high later.

    #26 5 years ago
    Quoted from cottonm4:

    and you are still sitting on that piece of shit

    I'm sure there are car collectors somewhere that would love to take that piece of shit, restore it or at least make it better - possibly even to cherish it for a lifetime. Maybe someone was looking for that specific vehicle for a long time. Unfortunately, the flipper bought it now it's priced out of range to obtain.

    #33 5 years ago
    Quoted from cottonm4:

    $6K, $7K. Today, and old Vette is big bucks.

    Ok, so using this statement as an example. An auto hobbyist wants to find one of these. It's been on his wishlist for awhile. He's got $7K to spend and just needs to find one of these rare big buck old Vettes. One pops up for sale $6500 close by, but seconds later its no longer for sale, it's gone. The hobbyist is kind of bummed on the missed opportunity, perhaps this has even happened more than once. Then a couple of weeks go by, the same car pops up for sale, nothing is different about it except now the new seller wants $8500. Well, that just plain sucks. Someone wanted just to make money on it and now he can't afford it.

    Quoted from cottonm4:

    But why the venom and the pen/keyboards dripping with acid?

    Well, if you don't understand by now you probably never will.

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