Hardware Pricing - So many damned regrets
- Thread starter TeamBlackFox
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Are you sure it was 2-3x the price? The most I've seen them go for was about 60% above retail. Have you looked at "Sold Items" on eBay? What you find disgusting is just business. Sure, it's not nice but business is not about being nice. It's about making money. Disgusting or not, that's how it is.
This has been said before but I it obviously needs repeating: if nobody paid those prices, they would go down PERIOD
Again, that example isn't scalping. Cynical profiteering perhaps, yes, but not scalping.
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I thought I'd check a dictionary just to have a clear reference on the meaning of the word.
From https://dictionary.cambridge.org/dictionary/english/scalping:
So I guess that the keyword here is that you buy stuff with the intent of reselling it later because you expect the supply/demand ratio to decrease significantly.
If you are selling stuff that you had in your attic for 20 years, then the term doesn't apply no matter how much you are asking.
At least here in DK it also impacts whether you should pay taxes on your profit or not. The tax agency doesn't care about the money you make selling your old stuff, but if you buy old electronics with the intent of reselling it again at a profit, then that is a business and you need to pay taxes, even if you think it is 'just a hobby'.
From https://dictionary.cambridge.org/dictionary/english/scalping:
So I guess that the keyword here is that you buy stuff with the intent of reselling it later because you expect the supply/demand ratio to decrease significantly.
If you are selling stuff that you had in your attic for 20 years, then the term doesn't apply no matter how much you are asking.
At least here in DK it also impacts whether you should pay taxes on your profit or not. The tax agency doesn't care about the money you make selling your old stuff, but if you buy old electronics with the intent of reselling it again at a profit, then that is a business and you need to pay taxes, even if you think it is 'just a hobby'.
In this specific case I'd say it would qualify as scalping because he bought the company that made the drug because he knew that he could get away with immediately increasing the sales price dramatically.
In that particular recent rl example, I completely agree
If tbtoro was referring to that case, then I do apologize - that was not how I read it.
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Retro computers and console have become popular.
We're now at the point where Amigas haven't been around for a long time, and all those people who loved them in the late 80s / early-mid 90s are now in their 30s and 40s with loads of disposable income and time on their hands to feel the tug of nostalgia. So market forces have driven the prices up, andwhen something gains value and becomes popular people try and take advantage.
We're now at the point where Amigas haven't been around for a long time, and all those people who loved them in the late 80s / early-mid 90s are now in their 30s and 40s with loads of disposable income and time on their hands to feel the tug of nostalgia. So market forces have driven the prices up, andwhen something gains value and becomes popular people try and take advantage.
I think since you have already set your mind on believing you are absolutely right, there is no point trying to convince you with actual arguments..
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In that particular recent rl example, I completely agree
"the activity of buying things, such as theater tickets, at the usual price and then selling them when they are difficult to get at higher prices"
Again doesn't matter if we use theater tickets or medicine, the point is choice. If a seller (or sellers) creates a situation where the supply is limited, and then sell for a higher price you bought for by definition IS scalping, since you are manipulating the market. Anything else is simply buying and selling. This has nothing to do with "sugar coating" - it's just a market.
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Retro_Lover
Member
If you buy here for X.XX, then sell on ebay for XXX.XX, then not only are you scalping, you are manipulating the market because if personX can sell it for XXX.XX then so can personY - So the market has been manipulated, and others will follow. Ebay will then recommend this new price to all sellers, new and old, so this "New" price is now the norm. This is exactly what you said was scalping, market manipulation. If you don't think this is going on then I would like to sell you a Chocolate Teapot.
Justin
Active member
wow never thought i would see justification for a**e r*ping people on old amiga hardware, causing the prices to constantly snowball. guess i am just old and out of the scene 
:banghead:
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No, although the bloated prices involved can affect the market, buying something with the intent of a quick and high turnaround is the definition of scalping.
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Perfect example this week
item bought here and then immediately put on ebay atm its selling for 35% more than paid for with a day or so to go.
Now thats scalping. Member frozen for investigation
now heres the issue. Once sold is the market price the sale price on amibay or the final winning bid price on ebay. The next time one appears for sale does the seller check amibay or ebay for a valuation. This is why we have the no price discussion rules and why scalpers get banned.
item bought here and then immediately put on ebay atm its selling for 35% more than paid for with a day or so to go.
Now thats scalping. Member frozen for investigation
now heres the issue. Once sold is the market price the sale price on amibay or the final winning bid price on ebay. The next time one appears for sale does the seller check amibay or ebay for a valuation. This is why we have the no price discussion rules and why scalpers get banned.
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Retro_Lover
Member
For Amibay rules - yes.