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How to buy a rare
Quick find code: 17-18-796-66216213
F Mods will change the title price, if you ask them. There's a thread. I guess it would be rude to change the price repeatedly, but one change is fine.
I like stating the price. People will overcut/undercut if I do that, but rares are so uncommon now that it can be a good strategy. Some people hate hearing "offer." It can be good to state a price. But no matter what past sales are, or are claimed to be, I sell for what I want. If no one wants to buy/sell, that's fine. I cannot for the life of me manage to catch Covid. Perhaps it's because I didn't get vaxxed? The travails of those lacking immunity.
I like stating the price. People will overcut/undercut if I do that, but rares are so uncommon now that it can be a good strategy. Some people hate hearing "offer." It can be good to state a price. But no matter what past sales are, or are claimed to be, I sell for what I want. If no one wants to buy/sell, that's fine. I cannot for the life of me manage to catch Covid. Perhaps it's because I didn't get vaxxed? The travails of those lacking immunity.
01-Jun-2021 03:39:20 - Last edited on 01-Jun-2021 03:43:24 by Trip180
I Jonyfrecle
said
:
All of this gives the
If you want to buy a rare, you should not worry about potential sudden price changes, the rare market doesn't work like that, there is a very gradual increase over time
This isn't true though. If supply suddenly runs out, prices rocket up. This happens in cryptocurrencies and in everything else.
What happens is a price becomes established, everyone expects this price to remain, and then there's no supply. Usually it's stakers paying more and more. Look at phats last year. If that rise was fake, then blue would return to ~25-30b. Clearly, sudden rises can happen and are real. Blue phat is not 30b at this moment.
Prices can also fall suddenly. Recent example: The phat crash that happened a few months ago (or whenever it was) that everyone called "manip." What happened? There was someone selling phats, and he caused others to panic.
Merchants declared that there was no panic, that rare prices can never fall, and prevented perceived prices from falling much. But, there was a real yellow trade at 22b. Probably, more could have traded at a similar price, but they were pumped back up by people claiming prices can't change so suddenly. They can.
One reason phats could crash or rise easily right now is the outrageously high price and low supply of phats at the moment. If just a small increase of supply hits the market, there can be no buyers to buy.
It's a very good rule to tell a buyer not to buy after a sudden rise. It's also a good rule to consider buying after a price fall. Because prices tend to recover in each direction. But price changes can be real. I cannot for the life of me manage to catch Covid. Perhaps it's because I didn't get vaxxed? The travails of those lacking immunity.
All of this gives the
impression
that the rare have suddenly changed price.
If you want to buy a rare, you should not worry about potential sudden price changes, the rare market doesn't work like that, there is a very gradual increase over time
This isn't true though. If supply suddenly runs out, prices rocket up. This happens in cryptocurrencies and in everything else.
What happens is a price becomes established, everyone expects this price to remain, and then there's no supply. Usually it's stakers paying more and more. Look at phats last year. If that rise was fake, then blue would return to ~25-30b. Clearly, sudden rises can happen and are real. Blue phat is not 30b at this moment.
Prices can also fall suddenly. Recent example: The phat crash that happened a few months ago (or whenever it was) that everyone called "manip." What happened? There was someone selling phats, and he caused others to panic.
Merchants declared that there was no panic, that rare prices can never fall, and prevented perceived prices from falling much. But, there was a real yellow trade at 22b. Probably, more could have traded at a similar price, but they were pumped back up by people claiming prices can't change so suddenly. They can.
One reason phats could crash or rise easily right now is the outrageously high price and low supply of phats at the moment. If just a small increase of supply hits the market, there can be no buyers to buy.
It's a very good rule to tell a buyer not to buy after a sudden rise. It's also a good rule to consider buying after a price fall. Because prices tend to recover in each direction. But price changes can be real. I cannot for the life of me manage to catch Covid. Perhaps it's because I didn't get vaxxed? The travails of those lacking immunity.
01-Jun-2021 15:32:36 - Last edited on 01-Jun-2021 15:34:11 by Trip180
If these items traded in the ge, you all would see the sudden price changes.
In the distant past, people were dumping phats, and yellow bottomed at 600m. It crashed down a lot. People were selling like there was no bottom.
Panics can happen. That's how a market works: Up and down, not a slow steady rise. I cannot for the life of me manage to catch Covid. Perhaps it's because I didn't get vaxxed? The travails of those lacking immunity.
In the distant past, people were dumping phats, and yellow bottomed at 600m. It crashed down a lot. People were selling like there was no bottom.
Panics can happen. That's how a market works: Up and down, not a slow steady rise. I cannot for the life of me manage to catch Covid. Perhaps it's because I didn't get vaxxed? The travails of those lacking immunity.
01-Jun-2021 15:37:55
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