PS5 And Xbox Series X Scalpers Are Charging A Big Premium

Krenum

Fully [H]
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I think you need to look up the definition of scammer. I didn't scam anyone. I had something for sale and another person willingly bought it fully knowing what they were getting. There was no scam.
LIKE A DRUG DEALER!


I kid :)
 

Time2Kill

[H]ard|Gawd
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Scam is you paid less and are making a profit off of other people for your own personal gain.
Loser is for the making money with no work. Nothing in the world is free so you got free money for no work at all.
I like money as much as the next person but unlike you I have morals, the only idiot is you

Damn dude....whine much? I had something that was in demand and sold it. Simple as that. Not my fault you're butt hurt. Do you cry about people selling classic cars for a profit too bc they are in high demand?
 

LukeTbk

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Damn dude....whine much? I had something that was in demand and sold it. Simple as that. Not my fault you're butt hurt. Do you cry about people selling classic cars for a profit too bc they are in high demand?
That significantly different, the person with the classic car took a risk, maintained when not restored had too stock it with all that it involve, those classics cars are not for sells, etc...

You didn't had something, you bought it purely to resell it immediately without any of the work/value reseller for profit usually provide (a buffer between the producer and the consumer and so on), you made it even less convenient for them in many case (could just have bought it online and received it at home).

It is not looser to do so, it is certainly not something an idiot do (that not understanding what idiot mean) nor a scam, but it is sharkish and non virtuous.
 

Format _C:

2[H]4U
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Damn dude....whine much? I had something that was in demand and sold it. Simple as that. Not my fault you're butt hurt. Do you cry about people selling classic cars for a profit too bc they are in high demand?

Na! I just hate people (like you) with no ethics or morals.

That significantly different, the person with the classic car took a risk, maintained when not restored had too stock it with all that it involve, those classics cars are not for sells, etc...

You didn't had something, you bought it purely to resell it immediately without any of the work/value reseller for profit usually provide (a buffer between the producer and the consumer and so on), you made it even less convenient for them in many case (could just have bought it online and received it at home).

It is not looser to do so, it is certainly not something an idiot do (that not understanding what idiot mean) nor a scam, but it is sharkish and non virtuous.

Yes the cars are different I would not buy a car and then immediately sell it for more then I paid. A classic car was bought and used and maintained (hopefully) for many many years thus not just bought to resell for pure profit
 

Flogger23m

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That significantly different, the person with the classic car took a risk, maintained when not restored had too stock it with all that it involve, those classics cars are not for sells, etc...

You didn't had something, you bought it purely to resell it immediately without any of the work/value reseller for profit usually provide (a buffer between the producer and the consumer and so on), you made it even less convenient for them in many case (could just have bought it online and received it at home).

It is not looser to do so, it is certainly not something an idiot do (that not understanding what idiot mean) nor a scam, but it is sharkish and non virtuous.

If you have property you should be able to sell it for whatever price you want. Anything else is immoral. As long as you got your property legally.
 

LukeTbk

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If you have property you should be able to sell it for whatever price you want. Anything else is immoral. As long as you got your property legally.
That I think would be put to some caveat (that maybe get all included by the legally caveat), for example should you be able to buy all the insulin and resell it in a controlled way jacking up the price ? Should you even be able to get just some insulin in the sole purpose of creating some artificial scarcity to resell it with profit


Non virtuous does not mean immoral either, for example there is nothing immoral into watching well paid/consensually made porn all weekend long, but it is not virtuous.
 

deruberhanyok

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Where’s the line between opportunist and scalper?

if I really wanted a ps5, bought it, and then realized I could sell it for double what I paid - and then did - does that make me a scalper? Or someone who decided he could just wait until prices level out and have an extra $500 in hand in the meantime?

I’ve always thought of “scalpers” as the ones going around buying up all the supply they could find and then selling it at a profit.

What if I buy one extra to resell? How many would you have to buy and resell to be a scalper?

why get upset at someone who bought and sold something for a quick opportunistic profit when there are people out there buying up all the supply they can find and causing the actual problem?
 

Format _C:

2[H]4U
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Where’s the line between opportunist and scalper? No line buying and reselling for a profit is a scalper

if I really wanted a ps5, bought it, and then realized I could sell it for double what I paid - and then did - does that make me a scalper? Yes Or someone who decided he could just wait until prices level out and have an extra $500 in hand in the meantime?

I’ve always thought of “scalpers” as the ones going around buying up all the supply they could find and then selling it at a profit.

What if I buy one extra to resell? How many would you have to buy and resell to be a scalper? 1 is enough

why get upset at someone who bought and sold something for a quick opportunistic profit when there are people out there buying up all the supply they can find and causing the actual problem?
 

Comixbooks

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I don't think I'm going to buy one all the good games will be I'm 50 years years old. I wasnt impressed with the inside of teardown looks like cheap solder. If you have money to burn just burn it.
 

deruberhanyok

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No line buying and reselling for a profit is a scalper

I see. Setting aside the hard line you’ve drawn that precludes any retailer from actually making money (because they buy at less than MSRP and then sell at MSRP to make money, that’s how they work), what’s the difference between what you consider scalping and selling something that has appreciated in value over time for more than you paid for it?

Like a limited edition Switch console (some of which sell for significantly more than original price)?

Is it scalping if you buy it for retail and then sell it for profit, say, a year later? Or two?
 

Format _C:

2[H]4U
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I see. Setting aside the hard line you’ve drawn that precludes any retailer from actually making money (because they buy at less than MSRP and then sell at MSRP to make money, that’s how they work), what’s the difference between what you consider scalping and selling something that has appreciated in value over time for more than you paid for it?

Like a limited edition Switch console (some of which sell for significantly more than original price)?

Is it scalping if you buy it for retail and then sell it for profit, say, a year later? Or two?

Buying and immediately reselling it is a scalper.
Waiting a year or two is not even if the product is new in box, I could not stand haveing a new in box electronic item sitting in the house, I would want to open and use it so bad
 

deruberhanyok

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Buying and immediately reselling it is a scalper.
Waiting a year or two is not even if the product is new in box, I could not stand haveing a new in box electronic item sitting in the house, I would want to open and use it so bad

Six months? Three months? What if I buy one thinking I can use it, then don’t even get a chance to open it because life happens, sell it a month later, and some nut ends up paying double for it? Am I a scalper then?

what if I buy one today and my car breaks down tomorrow and needs $900 worth of repairs and I sell my brand new ps5 to pay for it?
 

Format _C:

2[H]4U
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Six months? Three months? What if I buy one thinking I can use it, then don’t even get a chance to open it because life happens, sell it a month later, and some nut ends up paying double for it? Am I a scalper then?

what if I buy one today and my car breaks down tomorrow and needs $900 worth of repairs and I sell my brand new ps5 to pay for it?
waiting at least a month is fine but buying it with the actual intention to resell for a profit is a scalper. Buying it for your own use but then life happens is OK to do but don't do it just for the "extra" money over the MSRP
Yes the car bit is fine
the definition of scalpers is buying with the intention to resell for more profit then the actual MSRP.
 

LukeTbk

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Buying and immediately reselling it is a scalper.
Could be, but if you buy and resell just one and one that you would have kept it anyway if the price was not so high and you will wait for the situation to calm down before rebuying it, I think mathematically you are helping not hurting or at worst a wash, no ? There is a significant difference between that and buying an extra one with your regular one and obviously huge with buying many or even commanding from everywhere and cancelling once one is in route.
 

deruberhanyok

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waiting at least a month is fine but buying it with the actual intention to resell for a profit is a scalper.

But what if I buy a limited edition console with the sole intention of reselling it for a profit after it sells out, even if it's a year later? Am I scalping then?

LukeTbk heh, that's what I'm wondering. If I actually bought a PS5 today, it would wind up sitting here collecting dust for months - I barely have time to play my PS4 as is.

But say I got one now, preordered or whatever months ago, and had the opportunity to sell it for double my money, or let it sit. I might as well double my money, and maybe in 6 months I'll have time to play and they'll be back in stock at regular prices. Am I a scalper, or just a guy seizing an opportunity?

Saying you're a scalper because you immediately resell it is kind of disingenuous. Saying it's bought with the intent to resell is like - who gives a crap what the intent was? The end result is the same. If I bought one today and someone told me they'd give me $1k for it tomorrow, you can bet I'd be down at the post office mailing it off to them. I'm not stupid - $500 extra is $500 extra, and I'm not sitting here suffering from some kind of fomo that makes passing up a quick $500 seem reasonable.

So getting mad at someone who bought something, and then resold it, is literally just getting mad at someone for making money.

Otoh, I can definitely get behind being angry at groups running shopping bots and whatever trying to buy up all the stock they can find, intentionally denying them to others and trying to purchase dozens or hundreds of the things to make a business out of it.

But someone buying one or two systems and reselling them? That doesn't make a difference at all. Who cares?
 
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Format _C:

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Could be, but if you buy and resell just one and one that you would have kept it anyway if the price was not so high and you will wait for the situation to calm down before rebuying it, I think mathematically you are helping not hurting or at worst a wash, no ? There is a significant difference between that and buying an extra one with your regular one and obviously huge with buying many or even commanding from everywhere and cancelling once one is in route.
That is a wash but still a bit of a "shady" practice.
 

DukenukemX

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Scam is you paid less and are making a profit off of other people for your own personal gain.
Sounds like capitalism.
Loser is for the making money with no work. Nothing in the world is free so you got free money for no work at all.
Sounds like crony capitalism. What do you call the stock market?
I like money as much as the next person but unlike you I have morals, the only idiot is you
If wish to defeat a troll then you must not play his game. If a scalper is scalping then you have only yourself to blame for being stupid enough to buy his items for his price. When the bitcoin market was booming the retailers were doing the same thing and we hated them. NewEgg, Amazon, MicroCenter, they all raised prices when the demand was high. If the supply was high then scalping would be pointless.
 

HeadRusch

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There is only one way to fight, but not stop, what we are referring to here as scalping, and that is to make items like this non-returnable, period, to the store. If you have a manufacturing defect you gotta go directly through the company who will offer you a replacement that works. It will deter a lot of casuals who know if the item they bought didn't have a buyer they could get stuck with it when supply improves.....and not just bring it back, get a refund and go "Well at least I tried to make a buck".

In the end however, this is just a game console....with shitty launch titles to boot.........if we were talking about someone trying to corner the supply of a drug, like that autistic Dr. Evil dude who got sent to prison (Skellen? Skrillex? Whatever...*that* creeper)....thats worthy of outrage, not sure this is. They can't build them, they can't ship them...as fast as they need to. Alternative would have been to delay the launch by a few months but even then...boats only hold so much cargo, warehouses only store so many boxes....
 

staknhalo

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There is only one way to fight, but not stop, what we are referring to here as scalping, and that is to make items like this non-returnable, period, to the store. If you have a manufacturing defect you gotta go directly through the company who will offer you a replacement that works. It will deter a lot of casuals who know if the item they bought didn't have a buyer they could get stuck with it when supply improves.....and not just bring it back, get a refund and go "Well at least I tried to make a buck".

In the end however, this is just a game console....with shitty launch titles to boot.........if we were talking about someone trying to corner the supply of a drug, like that autistic Dr. Evil dude who got sent to prison (Skellen? Skrillex? Whatever...*that* creeper)....thats worthy of outrage, not sure this is. They can't build them, they can't ship them...as fast as they need to. Alternative would have been to delay the launch by a few months but even then...boats only hold so much cargo, warehouses only store so many boxes....

And then you screw over legit customers who want to return the product for a number of reasons, not being as advertised - as an example of one reason, but now can't because you've banned returns.
 

schmide

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I live near DC. People selling boxstations are getting jacked. It's the end of days. You want to walk on the wild side for a few hundred bucks. I want nothing to do with this underbelly of society.

Remember the suburbs are now the city or something.

Funny how people with means don't get what it means.

Cool story bro: my friend got a 3080 for 50 under retail from a coworker.

Choose you side of history wisely.
 
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Format _C:

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In this thread: Format_C: hates capitalism

Na just the scalpers

Guys, I found a penny on the street just laying there and took it. It obviously belonged to someone else, and not me. But I still took it. Am I a thief?

It depends are you going to sell it to someone else for more then ¢1?;) if not finders keepers

I live near DC. People selling boxstations are getting jacked. It's the end of days. You want to walk on the wild side for a few hundred bucks. I want nothing to do with this underbelly of society.

Remember the suburbs are now the city or something.

Funny how people with means don't get what it means.

Cool story bro: my friend got a 3080 for 50 under retail from a coworker.

Choose you side of history wisely.

Now that is what I call poetic justice the scalpers getting jacked loosing all of their money and the item.:)
 

deruberhanyok

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Format _C: so just to be clear, you’re saying:

buy stocks hoping the value will increase and you can later sell at a profit (why else would you buy them?). Stock scalper.

buy a fixer-upper house that you know will appreciate in value and you will sell later for loads more than you paid? House scalper.

buy a ps5 today at retail price and sell it tomorrow for double your money? PlayStation scalper.

(some people would call it short term investing in luxury goods).

plenty of people have bought stocks too high, jumping on a bandwagon and then getting upset when they lose money.

plenty have bought houses only to have their values drop like stones during a recession, and later regret it.

right now, people are willing to spend stupid amounts of money on a game console. In 6 months time it will seem ridiculous.

point is, some people will pay whatever they think it’s worth if it’s in demand, and some rando on the internet buying a second system to sell it to some other rando on the internet seems to be upsetting you an awful lot.
 

LukeTbk

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buy stocks hoping the value will increase and you can later sell at a profit (why else would you buy them?). Stock scalper.
Stock kept for life are not that uncommon (Dividend stock portfolio), there is stock scalper out there:

Scalping stocks refers to the tactic of trading stocks to optimize the profit from small changes in price. Scalping hinges on the idea that while most stocks complete an initial movement, many subsequently fail to advance.

Basically the whole of capitalism is buying at a low price and selling for a higher price. That is literally any business.
I am not sure I agree with that.

Imagine a common business, a group of people code for 2 year's and than sell the program they made to customer (or where paid partly in advance/during the process for specific clients), that selling work that is not buying somethin at a low price and selling at an higher price.

Even if you say aluminium is buying bauxite and electricity and selling aluminum at an higher price it is much more than that, most of business is adding value in some ways, purely parasitair with 0 value added (i.e. in many case low price buyer / higher price seller stabilizing pricing if they become a relevant part of that sector, that is rarely the case thought) is different than that.
 
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Flogger23m

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Nothing illegal or immoral buying and selling an item for a profit. If it was a necessity in the time of great danger, like with the pandemic and basic sanitation supplies/masks there are laws to prevent that temporarily. Which is reasonable. But you're not going to die if you don't get a PS5 two weeks earlier.

Of course, selling these high ticket items always carries a risk. Scammers, thieves and the like. Selling online carries huge margins to account for plus plenty of scammers. In person carries a high chance of a robbery or murder. Suggestion: Do transactions in the police station parking lot, or at an outdoor shooting range.
 

DukenukemX

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Nothing illegal or immoral buying and selling an item for a profit.
Illegal, no. Immoral, yes.

Suggestion: Do transactions in the police station parking lot, or at an outdoor shooting range.
Better suggestion is to not buy anything until supplies exceed the scalpers ability to make a profit. I'd rather see scalpers make no profit from their endeavor, or if possible a loss of profit. Chances are most people can wait a good 3 to 6 months before buying a console. If Sony or Microsoft lose money from this then they should have made more console's for sale.
 

Flogger23m

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Illegal, no. Immoral, yes.

I'm not going to get into a large morality debate (which varies from person to person), but I'd say it would be immoral to suggest that there should be restrictions on the time and/or price you can set your private property to.

If someone is of lower income and they can spend ~$1650 and quickly turn it into a ~$1900 of profits, then good for them. These opportunities don't come up often and if you're in a lower income bracket $1900 can do you wonders. If some millionaire is impatient and can't wait 3 weeks, then they can spend the extra money if they so desire. People living in extreme poverty probably can't scrounge $550 to buy and flip one, but there are people between extreme poverty and millionaire status.
 

cybereality

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I don't like scaplers, but honestly don't think it's immoral or anything. It's just free market capitalism at work.

The price will naturally balance out at the value of it's worth (considering the current market situation, inventory scarcity, what people are willing to pay, etc.).

And some people want (or need) to make a quick buck, and others have too much money or are impatient, so it kind of works out.
 

Eymar

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I don't like scaplers, but honestly don't think it's immoral or anything. It's just free market capitalism at work.

The price will naturally balance out at the value of it's worth (considering the current market situation, inventory scarcity, what people are willing to pay, etc.).

And some people want (or need) to make a quick buck, and others have too much money or are impatient, so it kind of works out.
Feel the same. For consoles it's easier to digest as a consumer since console launch releases are what every 5-10 years. No worries about a new version coming out in a few months if have to wait.

B&M retailers like Best Buy\Gamestop should use this to their advantage when covid is over, demand higher allotment of high demand items to deter scalpers as B&M can better enforce one item per ID\user or preorders. I think people would be more willing to give up online order convivence for actually having a chance to purchase console\gpu\cpu (what's next thermal paste?).
 

DukenukemX

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I'm not going to get into a large morality debate (which varies from person to person), but I'd say it would be immoral to suggest that there should be restrictions on the time and/or price you can set your private property to.
Scalping is a symptom of bigger problem, but scalping is a problem. Of course we're talking about entertainment machines, which you're free to charge what you want. For things like food, medicine, and other necessities then scalping is beyond immorally wrong. I feel that scalpers should be punished for their quick cash grab, by leaving them with a whole lot of product that can't sell higher than MSRP. Leaving them with either no profit or less. The only people that can do that is Sony and Microsoft. Which if Sony and Microsoft are creating an artificially limited supply then this only makes the problem worse. Then again, Sony and Microsoft have only to gain from this.

I don't like scaplers, but honestly don't think it's immoral or anything. It's just free market capitalism at work.
Free Market Capitalism is immorally wrong.
The price will naturally balance out at the value of it's worth (considering the current market situation, inventory scarcity, what people are willing to pay, etc.).
Eventually it will, but don't complain when later in 2021 when nobody is buying PS5's and Xbox Series's. If the consoles get a reputation for being too expensive then consumers might be put off from buying them at all. It's not like the PS4 or Xbox One aren't going to still get new games either.
 
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