Legacy: Miracles
I think it heavily depends on the card. In my book, invoke prejudice at $150 is downright ridiculous. I already reached that point.
I'm afraid so.As for your fourth point, "Transparency puts an end to the illusion of scarcity": if it didn't work for the Marxists, it won't work for MTG. That is to say, even if scarcity is 'revealed' to be an illusion (which I think everyone knows it is), we still ideologically buy into the game.
Sure, but it's all going down at that point, especially if you buy into Modern target audience being younger, less affluent people. The marginal difference between modern and legacy isn't huge over the course of a 1-2 year invesment (e.g. 5-10 duals).
WotC reprining 10 fetches would go a long way for both formats. Here's hoping they print some fucking stone hideous new bordered Wayne A. Reynolds art fetches.
Except that it's not. Both formats are making significant gains in popularity. This may mean that we need to reevaluate who the actual audience for these formats is. I think Phelix is right, and MtG (specifically non-rotating formats) is just transitioning into being a higher costed hobby. I think it's fun enough to justify the steep price of entry, and apparently there are a lot of people who agree.
Legacy: Miracles
It's pretty interesting how RL staples shoot up across the board.
Sneak Attack is about 80$ now.
I agree with this. And it's also why I think that it will be hard to bring prices down from now on, even with reprints.
Speaking of hobbies (unrelated story coming up), ironically, part of the reason why I decided to invest into magic in the first place was because how much more expensive the other hobbies I wanted to get in were for me. Back then, I had the choice of keep playing soccer (which already costed me a over a thousand dollars a year in terms of transport, equipment, inscription, competitions, mostly in other Canadian cities, and sometimes in the US, and bursaries were bullshit unless you play hockey), or go and get into paintball, which I loved, but was also relatively expensive where I live (you don't go back to renting equipment when you tasted real equipment and that you want to go play at least once a week). In the end, I did not want to play soccer after I started university as a career in sports wasn't my goal, and paintball was really expensive for someone getting in university (especially that it was far as hell, and you have to go in with a team). So after that, when I got into legacy with ANT and it was a few hundreds (back then), I told myself back then that it really wasn't as bad as my other discarded options.
So Volcanic Island and Tundra both shot up to $220+ overnight?
*facepalm*
There are a couple important differences here though. Horseback riding and powerboating are both individual endeavors, they don't benefit from a large participation base like Magic does. Actually they'd probably be hurt by it, I can only imagine how long it would take to get through a 4000-person dressage event (side note: never date a girl that's into horses, they are insane).
On the other hand, if even the biggest Legacy events started drawing only 150-200 players, I think that could discourage new players from joining the format. I could be wrong, but I think part of what keeps the game popular is it's popularity. I'm sure there's some economic term for that type of momentum.
I think the biggest thing is the deep seeded emotional understanding that the right play is the right play regardless of outcomes. The ability to make a decision 5 straight times, lose 5 times because of it, and still make it the 6th time if it's the right play. - Jon Finkel
"Notions of chance and fate are the preoccupation of men engaged in rash undertakings."
I think part of what makes eternal popular is it's exclusivity and not having to play with complete novices and infants.
Also, I always thought that powerboating uses some high-end technology, and horses are living mamals, quite expensive to acquire and feed, etc. My cards are made of cardboard, no spaceship tech, and I don't need oat, too, not even for Tarpan. They could be cheaper, there's nothing inherently expensive in them.
Thinking of it, I'd love to have a horse. Must be nice.
With USea for 250 dollars, you may pretty soon play with dame de voyage exlusively.
Lol ... price of foil counterbalance on MKM. Have to sell mine now
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I feel like it's worth noting that NM Alpha Lotus is up to 10K on SCG. First time a non-misprint, card has reached that level in retail pricing as far as I know.
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