Author Topic: Will there ever be a TG16 price crash?  (Read 16717 times)

nicksbrain

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Re: Will there ever be a TG16 price crash?
« Reply #285 on: April 19, 2017, 07:24:01 PM »
they pay over 30 dollars for games that cost 5 dollars a year ago

http://www.ebay.com/itm/JACK-NICKLAUS-TURBO-GOLF-CIB-TurboGrafx16-TurboDuo-TurboExpress-/132117689769?hash=item1ec2d3f5a9:g:uW8AAOSwCU1Yvb1X

no price crash ever


Oh my god that's bad, $35CAN for Jack golf. ](*,)


Probably because there are the magic words...

CIB
 #-o

Lost Monkey

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Re: Will there ever be a TG16 price crash?
« Reply #286 on: April 20, 2017, 12:30:51 AM »
I've seen that phenomenon as well. Ive mentioned this before and I can't remember the details but a while ago I sold a component GC cable on eBay. I think I chose a BIN of like $80 but it ended up going for like $120 which was not only more than my BIN but more than the BIN on several other GC component  video cables at that very moment, other auctions and other BINs.

Since there are no pirate versions and region was irrelevant (I had no box) there is no sane way to explain this other than to say these people are dumb.
You mean $80 reserve, or one of those BID XXX or BIN for YYY auctions, and some moron still bid more than the BIN price? If it was BID $120+ or BIN $80, and I was interested in the item, I would sure as heck chose the BIN option and end it immediately. It would be like the ultimate snipe, or let them pay more. eBay even warns users if they set a max bid above the BIN price. :p

The BIN option goes away once a bid is placed on those auctions.  It is called breaking the BIN.

xelement5x

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Re: Will there ever be a TG16 price crash?
« Reply #287 on: April 20, 2017, 07:34:35 AM »
I've seen that phenomenon as well. Ive mentioned this before and I can't remember the details but a while ago I sold a component GC cable on eBay. I think I chose a BIN of like $80 but it ended up going for like $120 which was not only more than my BIN but more than the BIN on several other GC component  video cables at that very moment, other auctions and other BINs.

Since there are no pirate versions and region was irrelevant (I had no box) there is no sane way to explain this other than to say these people are dumb.
You mean $80 reserve, or one of those BID XXX or BIN for YYY auctions, and some moron still bid more than the BIN price? If it was BID $120+ or BIN $80, and I was interested in the item, I would sure as heck chose the BIN option and end it immediately. It would be like the ultimate snipe, or let them pay more. eBay even warns users if they set a max bid above the BIN price. :p

Underpriced BINs are basically the only way left to get a "good deal" on ebay anymore, there are so many eyes on like every auction it's rare for something to go cheap anymore.
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spenoza

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Re: Will there ever be a TG16 price crash?
« Reply #288 on: April 20, 2017, 08:12:20 AM »
What would a TG16 price crash look like, anyway? It's not like there's millions of these things sitting around unwanted, waiting for someplace to go.
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xelement5x

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Re: Will there ever be a TG16 price crash?
« Reply #289 on: April 20, 2017, 08:30:59 AM »
What would a TG16 price crash look like, anyway? It's not like there's millions of these things sitting around unwanted, waiting for someplace to go.

It's an interesting point.  Since the prices are driven by demand it means that people will have to no longer want to buy/own/collect older video games, which is probably going to be driven by a number of factors.  I think that probably the biggest thing that has influenced the rise in price is the prevalence of "geek/nerd cred" within our current pop culture at the time, but speculation is probably the next largest variable I'd guess.

The comic book crash in the 90s is cited as the biggest example of what is coming/will happen, and that was mainly caused by speculators I think, but the publishers had a hand in it too.  The difference there though, is not all retro gamers necessarily enjoy modern games, so there is probably a disconnect going on for the people buying older games vs new limited editions filled with widgets of some sort.
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Lost Monkey

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Re: Will there ever be a TG16 price crash?
« Reply #290 on: April 20, 2017, 08:52:59 AM »
What would a TG16 price crash look like, anyway? It's not like there's millions of these things sitting around unwanted, waiting for someplace to go.


It would look like this:

http://www.ebay.ca/sch/Video-Games/139973/i.html?_from=R40&_sop=2&_nkw=atari+2600

and this:

http://www.ebay.ca/sch/Video-Games/139973/i.html?_from=R40&_sop=2&_nkw=intellivision

And in case you think I am picking on old stuff:

http://www.ebay.ca/sch/Video-Games/139973/i.html?_from=R40&_sop=2&_nkw=ps3


SignOfZeta

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Re: Will there ever be a TG16 price crash?
« Reply #291 on: April 20, 2017, 09:04:35 AM »
What would a TG16 price crash look like, anyway? It's not like there's millions of these things sitting around unwanted, waiting for someplace to go.

First, it has to peak. All crashes looked like an upward line until the actual crash. You can't see it as a crash until it has crashed. "There has never been a crash in this segment." is not an economic indicator and it isn't protection from anything. See: The Big Short. They hurt so many people because so many people don't see it coming.

Since we first started speculating on this here I've noticed a few trends. New...stuff, gadgets, games, music, media is ever more obsessed with miniaturization, simplification, and cheapification. However, while that is the biggest market it's not the only one and there is a multi-billion dollar "long tail" that exists now in multiple retro markets because iPhones have one button, because lightweight Bluetooth headphones suck and blow at once, because new games don't have manuals, because iTunes downloads and Spotify streams don't have liner notes, because really, honestly, if we're being *really* honest, 8 and 16 bit games looked better in RGB on an SD monitor they do on that jackoffs giant TV no matter how much he's spent on super high tech scalers.

And because if this Turbo games are expensive. Also, quality mid-range stereo equipment from the 1970s holds its value *astoundingly* well, people still hoard VHS, etc. The current leaders of the electronics industry are clearly leaving something on the table if so many people would rather pay more just to ship a Laserdisc than it would to have a BluRay. Just look at sales of vinyl records. Many many people want the fun of the entire experience more than they want just the single stated purpose of the thing's existence.

Until this changes, old shit will continue to be as popular as dumb beards and shitty tattoos. However, there is a limit to each individual thing's potential fame. After a while, the people who care just die off, literally, then you only have second gen fans who are never going to be quite as devoted as the people who lived it. So really, someday someone's going to say "What the zorking farp is a Bonk?" and nobody will care. If the scene is sufficiently entrenched we'll see a plateau for a long time (just look at comics and sports cards...shit holds it's "value" forever even when nobody is actually buying it) but eventually it will crap out. Consider 78 RPM records. Sure, some are priceless but most are completely worthless. Same with Popeye colectables which used to be huge. The younger people will have their own dumb shit to blow their money on. They aren't going to be able to go sky surfing twice a year while maintaining their f*ck robot collection *and* keep propping up the economy of a game machine they've never heard of. There are only so many people in the world and dollars in the economy.

A plateau would almost be a crash, at least by normal investment standards. We've being seeing %100 gains per year on even the lamest shit so a flattening would represent serious shrinkage.

Black Tiger

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Re: Will there ever be a TG16 price crash?
« Reply #292 on: April 20, 2017, 09:19:37 AM »
What would a TG16 price crash look like, anyway? It's not like there's millions of these things sitting around unwanted, waiting for someplace to go.

Game players of all consoles are increasingly switching to flash carts, ISO drives and bizarrely, fake hardware to run physical media from.

It is inevitable that an artificially inflated market based strictly on possession enthusiasm and flipping investments will crash once the ceiling has been reached of what a majority of speculators can afford. When people have no choice but to liquidate their investments and take a loss on everything, even those scooping up the below peak deals will only get hurt that much more as it staggers downward.

The reason that this particular market has remained out of control for so long is that it's backed by a generation who have reached an age of earning power combined with easy to acquire credit. I regularly see threads on collectard friendly forums, where people say that they need to cash out because  they went to far into debt to acquire everything and/or, can't be bothered to collect at all unless they can complete sets and do it fast enough.
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ginoscope

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Re: Will there ever be a TG16 price crash?
« Reply #293 on: April 20, 2017, 09:26:19 AM »
The crazy thing about Turbo is that you don't see it at retro stores and even at most conventions.  I went to a local Dallas meetup and no one had any turbo games.  Same with the conventions I been to the last year in this area.  The only place to get some of this stuff is here or on ebay. 

I would expect to see something like Bonk 3 at a convention even if the price was stupid inflated.  I think we will see other more common systems crash like nes/snes before turbo stuff crashes.

Gentlegamer

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Re: Will there ever be a TG16 price crash?
« Reply #294 on: April 20, 2017, 09:31:00 AM »
Another component to what a crash will look like is when "repros" get so good that it's hard for even the truly knowledgeable to tell the difference, the value of everything will crash under a pile of bootlegs, no one will want to risk spending on anything that is potentially fake, and for those who already knowingly buy fancy premium bootlegs, the "prestige" of owning LE bootlegs will crash, and thus the interest and prices.

spenoza

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Re: Will there ever be a TG16 price crash?
« Reply #295 on: April 20, 2017, 09:34:24 AM »
Yes, yes, I appreciate the lessons on what a crash is, but the TG16 is a much smaller portion of a much larger market. I don't foresee that a TG16 crash would look anything like our housing crash, or like the comic book market crash, or even like the Atari-induced video game crash of the early 80s. Aside from digital releases, new items are not being manufactured to market. As hardware and HuCards age, more and more items are removed from the market's available pool of salable items. Even as collectors cash-out, stuff breaks and fails. So interest may fall or rise, but available inventory will only fall. And digital re-releases seem to have a mixed relationship to physical prices.

So what I'm really getting at is... would we expect the TG16 market to follow the general classic gaming market, or, being a niche product, would we expect it to be divorced somewhat from that larger market? I don't think a crash in this market would look anything like the 2600 market right now, but it's easier to rule out possibilities than to rule them in. Does anyone have any prognostication about what the TG16 market particularly would look like post-crash?
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SignOfZeta

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Re: Will there ever be a TG16 price crash?
« Reply #296 on: April 20, 2017, 09:54:02 AM »
Considering how little actual US "Turbografx" shit there actually is, yeah, downward trends will lag way behind almost every other system. That's why I think near flatlining is more realistic with overall inflation eventually normalizing the price. Also, as you hint at, they ain't making much of *anything* worth collecting now. When I have money to blow on some doodad I tend to go vintage most of the time. Audio gear, car stuff, games, whatever. So every year there is a new wave of yuppies with their first good job and their first real credit card and they're bidding on the same eBay auctions as everyone else.

However, as Tiger mentioned, these prices we're seeing can't be put on simple supply and demand. These f*cks acctually want to spend money, brag about it, and seem to be convinced that every time a game changes hands it should increase in price. That is a fad, and it will die, and it's death will be the majority of the crash. Once the interest rate on their credit cards starts to overtake the flipper bonus made when selling it..there's no money left in the fad! :)

These are all decades out trends in talking here, of course. So anyone who wants to power collect a full library in nine months...yeah, for him there will "never" be a crash because that's how he collects. He just devours shit he can't even use and then dumps it. Five years from now he'll be working full time at his dad's dealership and won't even remember what a Turbo is.

esteban

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Will there ever be a TG16 price crash?
« Reply #297 on: April 20, 2017, 12:03:09 PM »
Q: What will the crash look like?
A:
  |    | 

Gypsy

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Re: Will there ever be a TG16 price crash?
« Reply #298 on: April 20, 2017, 03:30:56 PM »
However, as Tiger mentioned, these prices we're seeing can't be put on simple supply and demand. These f*cks acctually want to spend money, brag about it, and seem to be convinced that every time a game changes hands it should increase in price. That is a fad, and it will die, and it's death will be the majority of the crash. Once the interest rate on their credit cards starts to overtake the flipper bonus made when selling it..there's no money left in the fad! :)

These are all decades out trends in talking here, of course. So anyone who wants to power collect a full library in nine months...yeah, for him there will "never" be a crash because that's how he collects. He just devours shit he can't even use and then dumps it. Five years from now he'll be working full time at his dad's dealership and won't even remember what a Turbo is.

Yeah that is obnoxious. Gotta get back what I paid! Except no, you really don't. It's not *supposed* to work that way, but it's enabled by desperate buyers who then continue the cycle.

I had a good chuckle at the second paragraph.

Also going into debt for video games is doing it wrong. Call me crazy but housing, transportation (be it a vehicle or a bike or w/e) and say food (if you are in between jobs or something) are things worth going into debt over. If you can't afford a freaking video game, don't buy it. Just emulate it instead, or if you are a real legal larry, just don't play it.

xelement5x

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Re: Will there ever be a TG16 price crash?
« Reply #299 on: April 20, 2017, 03:31:42 PM »
That single tear is shed for those with high credit card debt and no impulse control.
Gredler: spread her legs and push her down to make her more lively<br>***<br>majors: You used to be the great man, this icon we all looked up to and now your just a pico collecting 'tard...oh, how the mighty have fallen...<br>***<br>_joshuaTurbo: Sex, Lies, Rape and Arkhan. A TurboGrafx love story