5 ms·

Anybody else get the feeling that this is just pokemon marketing? I think the biggest clue is that Youtubers who talk about brands only for money, such as Loga

by cung 5y ago

Anybody else get the feeling that this is just pokemon marketing? I think the biggest clue is that Youtubers who talk about brands only for money, such as Logan Paul, are suddenly head over heals about Pokemon™ trading cards.

theklub 5y ago
Could be funded by someone, but really many collectible markets are insane right now, MTG, even basketball cards are going for insane prices.
- lotsofpulp 5y ago
  Unless there is a central exchange showing it’s a deep, liquid market, I assume this is irrational exuberance for a small number of people which makes for good clickbait.
  - deleted 5y ago
    [deleted]
  - vageli 5y ago
    The article mentions that card grading services themselves have stated that demand for their services is unprecedented. > At the time of this writing, PSA was receiving more cards every five days (over 500,000 per business week) than what we used to receive every three months. Of course, the number of cards submitted for grading is not an indicator of market depth, but clearly something is going on.
    - Red_Leaves_Flyy 5y ago
      I wonder if people are counterfeiting the cards. If they stay away from the high value cards and stick with middle of the road they could probably make a fortune before anyone notices.
  - cehrlich 5y ago
    In Europe there is cardmarket.com which exposes a lot of transaction data. However sales of the most high end MtG stuff are usually done elsewhere to save on transaction fees etc.
ageitgey 5y ago
It's not a fake craze totally pumped up by marketing, if that's what you mean. Pokemon cards are definitely at a fever pitch right now. Just go to your local Walmart and watch people camping out for them every week. My theory is that people like Logan Paul are involved with them because they are currently hot and zooming up in price, not the reverse. But I guess them being involved amplifies the hype and keeps the hype train rolling, so who knows where it begins and ends.
- tigger0jk 5y ago
  People are excited to watch card pack openings, more content creators start making that content since it's popular, demand for old sealed product goes up driving price increases which also makes it more exciting, not to mention the increase in content introduces a broader audience, and then again more people interested leads to more content and demand and price increases. It's a feedback loop, hard to say exactly what got it going, how big it can get, and what happens when it slows or stops, but for now you can enjoy the mania. Matt Levine might credit this to his "boredom markets hypothesis" during the pandemic. If you can't go out to a bar or a movie or a casino, then speculating on stocks or crypto or Pokemon cards is more fun compared to the now more limited options you have available, so more people will do that. https://archive.is/X8qY6 https://archive.is/X8qY6
sanqui 5y ago
The Pokémon Company doesn't make any money from 10, 20 years old Pokémon cards old on Ebay, the kinds the article is talking about. As far as I know trading card game makers even ban older cards from tournaments in order to sell a steady flow of new cards. So they have no stake in their value.
- ansible 5y ago
  Except that a healthy trade in older cards ensures that demand will continue for the presently sold ones. The buyers hope the cards they buy today will appreciate in value.
- rdtwo 5y ago
  They have been repacking old boosters a bit for the most part not really tho
dageshi 5y ago
https://youtu.be/VIgcpbN7xfM?t=4597 https://youtu.be/VIgcpbN7xfM?t=4597 I don't think it's marketing. It seems like the people who were scalping sneakers/graphics cards/ps5's have added to the already existing lunatics who are into Pokemon.
itronitron 5y ago
It's more of a guilty pleasure for some and an easy gift. They're fairly high quality and easy to store so they accumulate over time. Three years ago, one of my online gamer friends was sorting and organizing their older brother's pokemon card collection and the final count was well over 5,000 cards. They were in the process of building a website to sell them off but I think the brother got back from college and shut it down. Hopefully they are getting them graded.

by cung 5y ago

theklub 5y ago

Could be funded by someone, but really many collectible markets are insane right now, MTG, even basketball cards are going for insane prices.

lotsofpulp 5y ago
Unless there is a central exchange showing it’s a deep, liquid market, I assume this is irrational exuberance for a small number of people which makes for good clickbait.
- deleted 5y ago
  [deleted]
- vageli 5y ago
  The article mentions that card grading services themselves have stated that demand for their services is unprecedented. > At the time of this writing, PSA was receiving more cards every five days (over 500,000 per business week) than what we used to receive every three months. Of course, the number of cards submitted for grading is not an indicator of market depth, but clearly something is going on.
  - Red_Leaves_Flyy 5y ago
    I wonder if people are counterfeiting the cards. If they stay away from the high value cards and stick with middle of the road they could probably make a fortune before anyone notices.
- cehrlich 5y ago
  In Europe there is cardmarket.com which exposes a lot of transaction data. However sales of the most high end MtG stuff are usually done elsewhere to save on transaction fees etc.

ageitgey 5y ago

It's not a fake craze totally pumped up by marketing, if that's what you mean. Pokemon cards are definitely at a fever pitch right now. Just go to your local Walmart and watch people camping out for them every week. My theory is that people like Logan Paul are involved with them because they are currently hot and zooming up in price, not the reverse. But I guess them being involved amplifies the hype and keeps the hype train rolling, so who knows where it begins and ends.

tigger0jk 5y ago
People are excited to watch card pack openings, more content creators start making that content since it's popular, demand for old sealed product goes up driving price increases which also makes it more exciting, not to mention the increase in content introduces a broader audience, and then again more people interested leads to more content and demand and price increases. It's a feedback loop, hard to say exactly what got it going, how big it can get, and what happens when it slows or stops, but for now you can enjoy the mania. Matt Levine might credit this to his "boredom markets hypothesis" during the pandemic. If you can't go out to a bar or a movie or a casino, then speculating on stocks or crypto or Pokemon cards is more fun compared to the now more limited options you have available, so more people will do that. https://archive.is/X8qY6 https://archive.is/X8qY6

sanqui 5y ago

The Pokémon Company doesn't make any money from 10, 20 years old Pokémon cards old on Ebay, the kinds the article is talking about. As far as I know trading card game makers even ban older cards from tournaments in order to sell a steady flow of new cards. So they have no stake in their value.

ansible 5y ago
Except that a healthy trade in older cards ensures that demand will continue for the presently sold ones. The buyers hope the cards they buy today will appreciate in value.
rdtwo 5y ago
They have been repacking old boosters a bit for the most part not really tho

dageshi 5y ago

https://youtu.be/VIgcpbN7xfM?t=4597 https://youtu.be/VIgcpbN7xfM?t=4597 I don't think it's marketing. It seems like the people who were scalping sneakers/graphics cards/ps5's have added to the already existing lunatics who are into Pokemon.

itronitron 5y ago

It's more of a guilty pleasure for some and an easy gift. They're fairly high quality and easy to store so they accumulate over time. Three years ago, one of my online gamer friends was sorting and organizing their older brother's pokemon card collection and the final count was well over 5,000 cards. They were in the process of building a website to sell them off but I think the brother got back from college and shut it down. Hopefully they are getting them graded.