[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 620 KB, 625x691, BeanieBabies.png [View same] [iqdb] [saucenao] [google]
56186943 No.56186943 [Reply] [Original]

Now that the dust has settled can we talk about why Beanie Babies are not worth anything, and how boomers were scammed by TY ?

>> No.56186958

Supply is aworthless metric without demand

>> No.56186971

>>56186943
Norrmies are waking up to their own enslavement, nostalgia pandering goyslop isn't enough to distract them from their enserfication anymore

>> No.56186992

>>56186943
the law of supply and demand. i think technology advancing so fast killed beanie babies as newer generations had grown to a whole different culture of trends.

>> No.56187003
File: 984 KB, 388x432, 1692746040612861.webm [View same] [iqdb] [saucenao] [google]
56187003

>Now that the dust has settled can we talk about why NFTs are not worth anything, and how zoomers were scammed by jeets?
there's always another scam and a new generation of naïve NPCs to fall for it

>> No.56187004
File: 495 KB, 1246x596, soldEbay.png [View same] [iqdb] [saucenao] [google]
56187004

>>56186971
I was a teenager in the 90s, when these things came out.
There were suppose to be all the future rave.
Even the news talked about how popular they would be as collectors in the coming decades.
>The News
A smart investment for those who missed out on the Kenner Star Wars figures of the early 80s.
Still, some cheap ones sell on E-Bay, but the high dollar ones are an obvious scam.
like Disney Black Diamond

>> No.56187016

>>56187003
Let us not forget those who bought stock in Funko Pop

>> No.56187693

>>56187004
>>56186943
I have a theory about these,
they came right at the beginning of internet shopping, quite a lot of people made quite large sums of money in the early days, selling whatever on ebay. Beanie babies was the largest if not the first active attempt to capitalize on this, basically a case of tulip mania. Failed miserably.

>> No.56187847
File: 375 KB, 1397x1863, Catputer.jpg [View same] [iqdb] [saucenao] [google]
56187847

>>56187693
This is the most intelligent thing I have ever heard on /biz/.

>> No.56187861

>>56186943
>Now that the dust has settled
It has settled 20 years ago you retard. This is what's gonna happen with crypto and NFTs.

>> No.56187875

>>56187847
welp forgot to add that quite a lot of collector shit was sold in early days, I think that has something to do with it. If Companies had no collectibles the 2nd option was to create collectibles yourself, making up hype about how they will be very rare in future.
come to think of it there was never anything like that, it seems bb crash basically destroyed any other product, and collecting is a dying hobby. I don't recally anything collectible that is rising in popularity for last few decades, the only exception is the comeback of vinyl in late 2000s.

>> No.56187907

Anything that is specifically sold as a collectible or a "special edition" almost without exception will never be appreciate significantly in value. In fact the endless churn of collector's editions in product ranges tends to hurt their long-term appreciation.
Compare Rolex to every single other watch brand other than maybe Patek Philippe.

>> No.56187928

>>56186943
They don't do anything. At least stuff like Magic the Gathering cards and old NES cartridges can still be used. Beanie Babies just sit on a shelf.

>> No.56187933

>>56187875
Vintage jrpgs held up. Guitars did great

>> No.56187935

>>56187928
>noooo Pokemon (the best selling IP in history for 30 years) is Beanie babies!
>noooo Bitcoin is just Beanie babies!
sitting on a shelf is fine, fundamentally they're worthless because nobody wants them and there's infinite supply

>> No.56187949

>>56187875
I see
>>56187928
i was thinking the same thing

>> No.56188194
File: 90 KB, 1053x1094, 1613098554605.jpg [View same] [iqdb] [saucenao] [google]
56188194

>>56186943
>What went wrong
Its a collectable. Never "invest" in something made on a assembly line.

>> No.56188275

>>56186943
ebay started and ended the bubble.

>> No.56188323
File: 152 KB, 625x500, 4d Chess.jpg [View same] [iqdb] [saucenao] [google]
56188323

>>56187861
Aha there it is the post I opened thread for
*ahem*
>CRYPTO IS LE SCAM

>> No.56189857

>>56188323
kek
>>56188275
I found a rubber made tub of these outside an apartment complex and no one wanted them
>>56188194
True

>> No.56189878

Beanie babies were always a scam for midwits

The real money is in pogs, they're coming back. Next bull cycle I'm going to be a millionaire.

>> No.56189904

>>56189878
>He didn't invest in Furbies

>> No.56190381
File: 3.26 MB, 3456x4608, IMG_20220927_214918.jpg [View same] [iqdb] [saucenao] [google]
56190381

I still have 4 of these Original Ryan Sheckler Skate action figures flying around because i got them for 30€ each and seen them on international ebay for 250$. Well, nobody bought the shit yet.

>> No.56190407

>>56186943
>Supply is aworthless metric without demand
Supply was only limited at first, later the owner made as many as he could and dumped on the market

>> No.56190410

>>56190381

should have gotten the Mike Valley

>> No.56190426

>>56190410
shut up they only made ryan and then the production stopped.

>> No.56190629

This really hit me in the feels

>> No.56191523

>>56190407

its like a PoS token

>> No.56192667
File: 435 KB, 1241x571, Capitalism.png [View same] [iqdb] [saucenao] [google]
56192667

>>56190381
kek
Lessons learned
Post on /toy
>>56190407
I did not know this

I miss getting Doc Martens for 8.00 a pair at Greedwill and other thrift stores to resell on Ebay for 80-150.
These commie doc martens are an extreme example, someone held them for 40 years. But you get the idea.

>> No.56192728

>>56186943
They're doing what pokemon cards will do.
People don't want to buy into your nostalgia, they have their own.