[DO NOT TRY TO SELL IN HERE] Pimp Legacy Decks

[hukstor]

Well, then you didn't read or comprehend what I said properly then.

No one is saying arbitrage doesn't exist. The fact that people are profitting by buying foreign cards from their local markets and selling to the wider market for profits is proof enough. That arbitrage is doing a horrible job of equalising the market for foreign cards is also undebiably true. If you like, we can get into an empirical debate on how PPP would promote a situation of arbitrage-induced price and spot equality, but we both know that I'd win that one because the only way PPP succeeds is if certain stringent conditions are imposed on it. We could also look at the IRP and how spot rates are impacted outside of interest rate differentials, say something like the PBOC's RRR cuts acting on the CNY/F/H outside of actual interest rate changes. And all that is with regards to large investment banks and funds, where there is liquidity AND market making. The market for cards is FAR less liquid, it really is ridiculous to make any form of assumption that some foreign cards are currently at their fair value, regardless of whether some people are making hasty assumptions about supply, which I am not.

Are you at least in agreement with regards to utility and price?

It's probably due to the fact that your statements and arguments are poorly organized. We began by discussing the market for Russian foils specifically, yet you are making generalized statements about arbitrage in the the market of all foreign cards. You stated that arbitrage is not a good equalizer (which I don't doubt or argue against in most foreign card markets), but I gave you an example of why it does do a good job in this particular market. If you haven't observed how this market actually functions, then you don't know what is going on there. Is arbitrage a perfect equalizer in this case? No way, but it does a pretty damn good job as most Russian resellers will tell you that it has become magnitudes more difficult to pick up the foils at local clubs and turn a profit from them. You can hardly say that it's a poor equaliser in this specific market.

I also never disagreed with your statement that certain people may derive a higher utility from purchasing more expensive cards. I merely disagreed with what EF said in that the premium is imaginary. He did not mention that people received a higher utility from buying more expensive cards at all.

These debates are stemming from the fact that you are making more generalized assumptions about my comments and leads me to believe that you are actually having trouble understanding what I wrote. You are basically trying to pull an argument out of thin air with that last comment about the agreement of utility. No wonder some other members have suggested that you just enjoy arguing for the sake of arguing :). If coherent statements cannot be made on your part, then I won't continue this any longer.

[Basaka]

Very nice Venice Islands. Have you ever been?

-Matt

I would like to so... sometime before it sinks. Maybe after I graduate, hmm.

As for the Islands, I found the lot of 15 on Ebay with a buynow for 240, and immediately pressed the button. Lucky find, I should say.

[thegrinningdemon]

Come on guys take start a new thread...back on topic.



Playsets...yes I would like to see an unban in Legacy.

[Wombo Combo]

Re: thegrinningdemon

[nedleeds]

@ GrinningDemon

[sdematt]

I'm shopping for Ray-Bans RIGHT now. The motivation has been secured. Sunshine: beware!

-Matt

[Linqed]

Been lurking for a while, but first post! I don't like foils, I'm more into signed and Korean cards, so here's my latest addition:



A mint & signed Karakas :)

[dernestor86]

even from the poor picture quality i can tell that the card is not mint. wouldnt grade more than 8.0 on the corners, so a total of 9.0 is not possible :-P

[KingInTheNorth]

Hey guys. First post, thought I would bring something a little spicy.

[morphilou]

sorry for the bad sleeve

[sdematt]

Philip, those Alpha are Mint and the sleeves are bad, or is this not your mint stuff?

Also, Ray-Ban Wayfarers acquired. Not Magic related, true, but now I get to feel like it's 1983 again. /Swoon

[Malacoda]

I don't know why he wants it either but I speculate Spanish Inquisition.

You're correct :)

Found it a couple months ago.

in nonfoil i guess they dont carry a big premium over english because russian 9th in nonfoil is everywhere

They actually kind of do because it's the only way to get a nonfoil BB copy with the new art. Even though Russian 9th is everywhere.

[Wereodile]

Also, Ray-Ban Wayfarers acquired. Not Magic related, true, but now I get to feel like it's 1983 again. /Swoon

Also not on topic but I love my (prescription) Ray Ban Wayfarer's.

On Topic: is anyone interested in seeing the few bits of Pimp I have like Italian [card]Maze of Ith[/cards] (x3 I think) Chinese [card]Vampiric Tutor[/cards] among some other things.

[morphilou]

Philip, those Alpha are Mint and the sleeves are bad, or is this not your mint stuff?

the p9 alpha is NMT+ strict

in true MINT i have sapph and ancestral only
i look the other

[Solaran_X]

@ GrinningDemon

It actually took me a day or two to remember what movie that was from. Such a great movie.

[sdematt]

They Live...they live!!!

Philip, your Power is very nice :) How long have you been collecting Alpha?

-Matt

[nedleeds]

It actually took me a day or two to remember what movie that was from. Such a great movie.

Are you regreting not getting 80's wrestler power instead of pony power?

[Einherjer]

Are you regreting not getting 80's wrestler power instead of pony power?

Let his ponies. They are cool.

[Solaran_X]

Are you regreting not getting 80's wrestler power instead of pony power?

Nah...I like my Pony Nine. Will never regret it.

[Basaka]

Oh, for those of you who wanted the Venice Islands... SCG just got 55 back in stock. FIFTY FIVE.