We don’t mean to spend so much time talking about Reddit even though so much happened this week that we really feel like we have to. We’ve got spoilers, spoilers, spoilers! The gang talks about more than three cards, but I didn’t want to keep writing “spoilers”. Here’s another spoiler – you only have one week to enter our photoshop contest before it’s all over. Corbin embraces the suck and does an IAMA on Reddit, answering questions about finance for three hours and trying to set the record straight. Finance subreddit subscriptions near 4,000 – is this influx of enthusiasts affecting the market adversely? How do they feel about counterfeits? How do you? These questions are addressed and all things finance are discussed in one of the strongest episodes yet. Are these new fakes out of China a lethal threat to the game? Is Reddit? Is there any stopping the game at this point? Find out the answers to all these questions and more on a no-holds-barred episode of your favorite podcast that will leave you asking “What holds could you reasonably bar anyway? Holding Mutavaults? I thought you said to sell those”. This is Brainstorm Brewery.
- Jason wrote a critical piece that wasn’t received as badly as we thought it might.
- Ryan has some knowledge that gives the Chinese fake scandal some much needed perspective
- Picks of the Week is super sized as always as the gang adds a new category
- Is Reddit really changing the face of speculation?
- How do you identify when you should buy during a spike?
- Spoilers are here- who’s excited and who isn’t?
- Wow, they reprinted Dark Confidant! Or did they?
- Will the new demigods impact play?
- How cool is this?
- You have one more week to enter the photoshop contest. Winners announced next week.
Cabe Riseau produced the intro and outro music for Brainstorm Brewery.
Brainstorm Brewery – website – email – twitter – facebook
Ryan Bushard – email – twitter – facebook – gatheringmagic.com
Corbin Hosler – email – twitter – facebook – quitespeculation.com
Jason E Alt – email – twitter – facebook – gatheringmagic.com – quitespeculation.com
One comment on “Brainstorm Brewery #84 – The Greatest Fool of All”
During this podcast, and again during the newest podcast with two Jasons, you claim that at least some of the recent run-ups in card prices are not due to speculators looking to make money, but instead due to players who are looking to get a playset before the price increases. At least one of you (you know who you are) seemed dead certain about this.
This seems like a fair possibility. But, what evidence have you collected leading you to this conclusion? It seems equally likely that people who are either “professional” or amateur speculators are responsible for the rise in prices on cards like Fist of Suns or Summoner’s Egg. After all, they will be paying much closer attention to tournament results and the twitterverse than random players. I’m sure there is a subset of players like me who pay close attention to the magic market to avoid getting priced out of cards, but I’m also sure ALL of the speculators are doing so.
Is it possible to get data from TCG Player to confirm the buying patterns on cards like this? Can you tell whether it’s all playset purchases to different people, or bulk purchases to a few? That might go some length to explaining whether players or speculators are responsible for price surges like this.
Finally, one of you again used the term “sheep” to refer to people who are getting in on a price surge after it is profitable to do so. Surely you can see how that term is incendiary, particularly when applied to a group of people who suspect that professional speculators have had a hand in making cards more expensive in the first place. Don’t you think that the culture of those who play Magic for profit has had a role in making the game more expensive? And, don’t you think it has had a role in encouraging price surges on cards, either directly or by teaching people that it can happen and they need to act quickly?
As you probably know from Reddit, many, many people suspect speculators do nothing but profit from transaction costs they create. I’m not saying that’s completely true (getting cards out of a LGS and putting them online arguably does add value, for example) but it would be refreshing to hear some humility recognizing the nugget of truth to this prejudice instead of just getting all defensive about it and blaming the players for price surges.