Time for the MTGFinance Revolution!
Time for the MTGFinance Revolution!
Fuck off Rudy
Nico-Nico-Neck yourself, shithead.
Suck my hard shell taco
Does anyone know about Vintage Magic? The owner's name is Daniel Chang and from what I've heard through the grapevine is the guy is loaded with extremely rare MTG cards.
yeah that chink is swimming in rare mtg loot
From videos he seems like a genuinely nice guy, but seems to know fuck all about MTG
Him and Rudy seem to be hoarding everything and essentially PNDing MTG
The market for most of the high end cards is extremely "manipulated" by a couple of large investors who make up most of the buy side pressure. If/when a guy like Rudy decides prices have gotten too high and stops buying (and perhaps even starts selling) prices will tank hard. I wouldn't want to be in the market long term unless I was a large investor myself.
The only 5 ways that will happen are:
a) fakes get too good
b) ebay goes bankrupt
c) Everyone stops playing MTG
d) US Economy goes into a massive recession
e) A Beanie Baby-esque scenario where all the normies decide to invest in MTG happens.
As long as none of those happen, the vintage MTG investor market is safe and prices will only go up.
what a trash card... not even quads
dude is a major douche bag.. major douche. He obviously has some good cards himself but majority of what he shows off aren't even his. He's a broker - so he holds clients cards on their behalf and touts around like they are all his.
a market manipulated by a few large investors at the top?!!?! well fuck I'm taking my money to the stock mar-
to real est-
to gold and sil-
to fixed inco-
to collectible ar-
to cryp-
to jewelr-
alright looks like we're doing legos and nikes shoes -- LETS GO!!
Rudy's manipulation of the market is top tier and fun to watch. Sharp guy. Along with the EDH bubble, he's made me gobs of money.
Crazy how shit works. MTG investor market skyrockets 500-1000% in 3 years, while playerbase has declined 40-60%...
Hmm...I wonder if there's some correlation there. Maybe people are being priced out?
Yes, there absolutely is a direct correlation there. You'd have to be a fucking mongoloid to believe otherwise.
However, most investors, including myself, could care less. The game could die tomorrow for all we care. Reserved List cards would still continually rise in value; they're collectible art at this point.
just dont think that you'll be able to sell yours for this price. these are trusted sales between insiders only, for the entire purpose of being able to sell their cards to you at highly inflated prices. they wouldn't ever buy anything from outsiders though.
can someone shop red wojack on here so i can post it whenever reserved list threads come up? thx
This is Jow Forums. We don't hate the Reserved List here; in fact, we love it. Troll /tg/ with this, they're uber salty about the Reserved List.
Source for playerbase shrinking?
*ahem*
Except you can value assets that generate cash flows, you can't value collectibles. You can only price them. That's one of the main reasons why it's easier to manipulate commodities and currencies.
In the long run stock prices are the present value of all future cash flows. There's no real way to value trading cards.
all the triggered coinies in here losing money KEK
MtG cards are valuable because of their scarcity and playability. Just imagine picking up Tarmos right before everyone else understood its strength.
Trading cards aren't actually scarce. They're just popular targets for scalpers due to the fact that they're cheap to ship and don't take up much space. They are faux collectibles, similar to diamonds.
That being said, they are an absolutely fantastic way of making easy money off suckers. Again, like diamonds,
Found a box of old cards. Best way to price this shit out?
Maybe I'm hypocritical since I '""invest""' in crypto "'''currencies""' but I don't get this MTG shit. I mean it's just some cards, fucking paper and ink. It doesn't do shit. How the fuck would anybody in their right mind pay more than 50 cents for this? They aren't antiques, it isn't hand made craftsmanship, nothing. What the hell
Crypto is just numbers on a screen man.
>It doesn't do shit
Aside from speculation they are used to play certain formats of magic. The cards are stupidly broken so the only way to win consistantly in that format is to have them. The cards can never be printed again due to an agreement between wizards and the original mtg players. So its kinda like in Yugioh where there are only 3 Blue Eyes White Dragons in the world. There is only a relatively small amount of these ultra powerful cards, which gives them some value.
There are 4 BEWDs
Okay, I try not to judge. I'd buy and sell shit on a stick if it paid. Green shit on a stick, purple shit on a stick, whatever's en vogue this year. Maybe I need to get me some of these Magic the cards.
>MtG cards are valuable because of their scarcity and playability
No one stated they are worthless. But he is correct - collectibles are not be evaluated, but priced.
Or how much is it worth to beat your oponent in round five in a local tournament after using Time Walk, Lotus and Card X?
only one exodia
Ok let me explain for all those hurr durr just paper cards droolers.
MTG is THE collectible card game. It has a multiple decade track record of being just that. It has millions upon millions of people invested into it on several levels, competitive, collecting, lore, social groups, etc.
However much retards whine that the game sucks or will be dead soon actually, the company that makes this games proves the nay-sayers wrong time after time in the only arena that matters, the real world economy. This game has been profitable for decades, they are doing something very, very right.
The lindy effect says that mtg will exist for at least 20 more years. It's quite simple: millions of people are willing to shell out real cash for these pieces of cardboard, and even care about them being "not fake" a.k.a. provided by the company that designs the game.
If you don't like card games, don't bother but if you do and you have a biz mind, there is money to be made.
Now give me some cool specs.
Mox Amber & The Immortal Sun
Bedevil too. With WoTC about to shove three dozen walkers down our throats with WAR, walker removal is about to become a hot commodity. And with Vraska's Contempt rotating, Bedevil will be your best bet.
If anything, MTGFinance is in severe danger of a major crash.
It survived from 1993-2009 as a low risk, low reward investment, and 2010-2015 as a medium risk, medium reward investment. Then came 2016, with Craig Berry's now-famous Moat buyout, directly followed by Rudy's viral explosion onto the MTG YouTube scene. Now we are in bubble territory. The fact that Rudy is so openly manipulating the market, combined with the fact that everyone and their grandmother is now buying out cards in hopes of getting rich quick, is hard evidence of an unsustainable market.