Can't be mad at people taking advantage of others. Nope. It's all fair. Everything's fair when money is on the table. 100%.
this is how I feel about it too, consoles are way too cheap but that's part of the hype yet there's an demand for paying twice the price. Maybe retailers should offer scalp level prices and half or some of it goes to charities or to the workers who assembled our beloved toy.Idk why people get mad at scalpers. Ik people want consoles but it's just a "toy". I can't hate the hustle, if they are able to scam people into spending thousands on a product that is only temporarily limited then more power to them. I'd never get mad at anyone for you know, making money
How much were they selling them for? Because 3500 PS5's at an average cost of £400 is £1.4 million. Assuming a basic £200 markup, that makes £2.1 million.
That's £600k right there...
Yeah what else are they going to say?
If they are making these purchases manually and flipping them in the resale market then kudos to them for understanding supply/demand. However these guys are all using bots so f em
If eBay and others would restrict resale to no more than retail prices this shit would stop.it's obvious they have no regrets, that's why companies like ebay and amazon need to take a stand against them, because scalpers have no moral high ground to see what they are doing is wrong
So I guess I've been meaning to ask in previous threads because I don't really understand: how exactly do bots work in this case if they didn't buy them?They didn't buy them, they sell a bot that people subscribe to use.
I mean, they're blatantly lying about that impoverished excuse, but this is what unfettered capitalism gets you. Maybe we should find better systems.
And what has conditioned consumers to have such little impulse control?I find this also to be quite a reductive take, if not hyperbolic. We're not talking about a hedge-fund manager playing games with people's pensions or a maniacal corporation running wild on smaller businesses. Those are true, detrimental consequence of unfettered capitalism that affect innocent people. What we're talking about here are exploitative practices that ask enthusiasts to either wait on a new console are pay above market price. Indeed, the existence of the PS5 in general is a by-product of capitalism. The thing exists to make money. Because demand is so high along with a target demographic not known for patience, more people are going to be leeching off those profits.
I support your viewpoint, I just worry that these comments can contribute to watering down legitimate criticisms of capitalism as a system. This situation is more representative of the gaming demographic's extreme lack of impulse control than mustache-twirling capitalist fat cats exploiting the little man.
And what has conditioned consumers to have such little impulse control?
I guarantee you my flippant dismissal of capitalism towards an issue where flagrant capitalists are lying about their motives on a video game forum that a hedge-fund manager is not even going to read is not fucking "watering down" the issues with capitalism as a whole. Sorry, but a person doesn't always need to be talking about eating billionaires to criticize our shitty system or how awful gaming culture's blind consumerism is.I find this also to be quite a reductive take, if not hyperbolic. We're not talking about a hedge-fund manager playing games with people's pensions or a maniacal corporation running wild on smaller businesses. Those are true, detrimental consequence of unfettered capitalism that affect innocent people. What we're talking about here are exploitative practices that ask enthusiasts to either wait on a new console are pay above market price. Indeed, the PS5 itself is a by-product of capitalism. The thing exists to make money. Because demand is so high along with a target demographic not known for patience, more people are going to be leeching off those profits.
I support your viewpoint, I just worry that these comments can contribute to watering down legitimate criticisms of capitalism as a system. This situation is more representative of the gaming demographic's extreme lack of impulse control than mustache-twirling capitalist fat cats exploiting the little man.
If they were in need of money that badly then how did they have enough to pay for multiple consoles in the first place?
I agree that they need to figure out ways to stop hoarding but to say they don't benefit anyone is a little narrow minded. They benefit themselves. It's a "job" at the end of the day at the end of the day. It's a dog eat dog world out here. No one is going to hand you anything so if you go out and invest thousands of dollars and people are willing to pay then I literally see no issue with it. It sucks for sure but once again I can't hate the hustleNah, fuck them. They're leeches. They provide no benefit to anyone and just push up the price.
More stores need to put preventative measures in place to stop them hoarding.