blood leeching "entrepreneurs"

beefjerky911

Senior member
Apr 18, 2001
512
0
0
i think its pretty disgusting that people are trying to sell their ram for higher than what they orginally bought them for. i remember a stick of ddr 256 ram was no more than $50 bucks tops, but now on for sale/for trade, blood leeching "entrepreneurs" are trying to make to sell them as high as $80 bucks. i dont get how used ram can increase in value. oh well.
 

cavemanmoron

Lifer
Mar 13, 2001
13,664
28
91
uh i bought sdram 256/133 last year at $100, now it retails for $45, so should i sell it for $100?
and DDRwas high,went low,and is back up again... the prices fluctuate,and the better quality stuff is
worth the premium price, if you want ddr that will overclock,would you rather pay a little more,to know it ran stable for someone,at a higher fsb?
it is all a capitalistic society,and sometimes it is annoying,but,it beats fascism,socialism,communism;;;;;
 

bandXtrb

Banned
May 27, 2001
2,169
0
0
So maybe no one will buy them and they will have to lower their prices.

BUt if it's "worth it" to someone at that price, he or she will buy it. What's the big deal?
 

RSI

Diamond Member
May 22, 2000
7,281
1
0
If it's used it's used, period. There's no way in hell that used memory should be the same price as new memory.

-RSI
 

beefjerky911

Senior member
Apr 18, 2001
512
0
0
i understand that if it's worth it for one person, then great for them. but im just saying morally it's ridiculous that they want to charge more for depreciated hardware at a higher price than they paid. im not saying everybody should behave a certain way either. im just typing out my feelings about the subject.
 

Squisher

Lifer
Aug 17, 2000
21,204
66
91
Supply and Demand. The guys that crack me up are the people with used CDRW's. With the deals out there right now most 24X drives are going for $55-65(see Hot Deals) and people want $80 for their 12X or 16X drives.
 

beefjerky911

Senior member
Apr 18, 2001
512
0
0
ok i understand supply and demand blah blah blah.
yes i know they should be able to charge whatever they want.
but
i was wondering if you think its right to charge more than what you paid for it on used items?

 

LordThing

Golden Member
Jun 8, 2001
1,970
0
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I definately think you should sell it at what it is worth unless you are willing to recoup just costs. If ram was only a buck, i bet you would be hard pressed to sell it for 50 and use the same argument that "its what I paid for it". I agree its the supply and demand kinda thing.
 

gopunk

Lifer
Jul 7, 2001
29,239
2
0
i don't think there is such a thing as morality when it comes to profits. you take what you can. a capitalist society could not function if people didn't sell stuff to make a profit.

notable exceptions are if you're selling to the elderly or something, where you're taking advantage of their condition or something.
 

Wallydraigle

Banned
Nov 27, 2000
10,754
1
0
You can't help how you feel, even if it is dumb;)

Just remember that anything is worth precisely what it will sell for, no more, no less.
 

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
If you or others are willing to pay that for it it's called supply and demand. This is not a life-sustaining item such as bread. I hold nothing against people who do this. There is morally nothing wrong with this at all. I don't see what the problem is. If you don't like it, don't buy it. It's that simple.

Ever heard of collector's items? I pay $50 for a painting now and sell it for $4k in 30 years. Is that morally wrong? No. You pay if you think it's worth it. This is the same thing. You don't need ram and nobody is forcing anybody to buy it.
 

crypticlogin

Diamond Member
Feb 6, 2001
4,047
0
0


<< i was wondering if you think its right to charge more than what you paid for it on used items? >>



What's your take on someone selling their home situated in a rapidly growing suburbia? His $100k house in 1990 suddenly has a market value of $250k in 2000, it's obviously been used and lived in (although taken care of), and the droves of families wanting to live in this suburb are lined around the block. Do you think he *should* sell for his original $100k? What if he owned the houses but rented and after ten years, decides he wants out and sells the houses to another guy. He would probably fit your idea of entrepeneur, right?

No, I don't think these people are wrong in selling for fair market value, especially if the used condition is considered. Now if they're *new* and you know for a fact that they bought boatloads of RAM in anticipation of the price hike, then I'd probably have the same reaction.
 

Russ

Lifer
Oct 9, 1999
21,093
3
0
The only time that "morality" enters the equation is if the item is necessary for survival and is in short supply. For example, water during a drought. Otherwise, it is perfectly "moral" to get whatever you can for anything you're selling.

If a buyer and a seller reach an agreement for purchase, then that activity itself has determined the value of the item.

Russ, NCNE
 

T2T III

Lifer
Oct 9, 1999
12,899
1
0


<< and people want $80 for their 12X or 16X drives. >>


Not me. I sold my 12x Iomega (Plextor drive) for $55 shipped about 6 weeks ago. If you price your items at a "realistic" level, they'll sell quick. I agree with the other posts indicating that if an item is priced to high, nobody will offer to purchase that item. People at this site know prices and usually won't pull an E-bay stunt and pay more than the going rate for an item.

My favorite is the person selling some software at quite a high price. This was a copy that the person received as a promotion for attending a MS event. I simply sent a PM to this individual pointing out some recent selling prices on E-bay for this item - which were lower than his asking price. I was not obnoxious with my tone in my message. However, this individual took my message the wrong way and flamed me back. Oh well...
 

HappyFace

Diamond Member
Nov 2, 1999
6,265
5
81
It's not morally wrong to sell something at a higher price then what you paid. If the market is such that people are willing to pay a premium, I have no problem with someone selling for double, 5x or 100x what they paid! If the buyer sees an item as valuable, he'll pay a good amount to get his hands on it.

We live in america. Land of free commerce!
 

poopaskoopa

Diamond Member
Sep 12, 2000
4,836
1
81
Ahhh. It makes me wanna clutch my a $66 pair of 256's even tigher. But that'd require me to turn off my machine, so I'm just gonna dwell on my good luck here. :D
 

Amused

Elite Member
Apr 14, 2001
57,454
19,921
146
Oh good gawd. They can sell it for what ever they can get for it. That's called capitalism, and it's what made our country great.

Don't like it?

Don't buy it.

It's that freakin' simple.

They are NOT beholden to you, and their prices are not dictated by your whining, but by the market value of what they're selling. If they can get that much for it, more power to them. If they can't, they are stuck with their crap.
 

bbqweed

Platinum Member
Mar 22, 2000
2,908
0
0
my 2 pennies..

Everything is run by the economy. Demand makes the market price go up and down. If I were lucky enough to buy something really cheap and sell it for more than what i paid,..what's the problem.

IE: you buy ram from some liquidator for 10.00, the retail is 50.00...what's wrong with selling at 50.00, as long as ppl are willing to buy. Or better yet, selling at 40.00? you would be making 300% profits, but the buyer is saving 20%.

If you weren't allowed to make profits from time to time, then AT may have to demand that everyone retain their receipts so that we can verify that they are not making a profit? You make no sense...but that's your 2 pennies and i will respect that...

have a nice day...

 

heartsurgeon

Diamond Member
Aug 18, 2001
4,260
0
0
who are you to say what the item is worth? are you saying that making a profit on any transaction is bad? where did you learn that kind of logic?
the market determines what the "fair market value" of any item/service is. you probably don't complain when you get something from Staples or compusa for free using coupons and discounts (obviously below "cost"). if you need it, and you decide the price is reasonable, you buy it. if you feel the price is not reasonable (you don't "need" it that much), you don't buy it. thats the free market. supply and demand - a overused phrase, but exactly right. if you do it any other way, you end up with a less efficient society - priced to high-no buyers, priced to low, nobody will make/sell it. the opposite of "blood leaching entrepeneurs" is "communists" if you didn't know. if we had that system, we might have 486's with 1 meg of memory costing $5000.