Comments on: Whinston’s Whisdom – Examining Digital Trading https://www.quietspeculation.com/2010/08/examining-digital-trading/ Play More, Win More, Pay Less Sat, 29 Aug 2015 02:26:11 +0000 hourly 1 By: free tarot predictions https://www.quietspeculation.com/2010/08/examining-digital-trading/#comment-1221225 Sat, 29 Aug 2015 02:26:11 +0000 http://www.quietspeculation.com/?p=1509#comment-1221225 Yes! Finally someone writes about free tarot reading online accurate.

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By: Jimbo https://www.quietspeculation.com/2010/08/examining-digital-trading/#comment-3519 Sat, 28 Aug 2010 05:59:31 +0000 http://www.quietspeculation.com/?p=1509#comment-3519 I find this article pretty awful 🙁 Honestly, not being a troll or anything like that, the content is inaccurate.

The prices you have quoted for tickets are not even close, the 6% vs 7% thing, that could easily be a typo, don't even care about that. Tickets have been very close to a dollar in value with a tight buy/sell margin, which is a good thing, for about a year. Player Rewards and limited events requiring only tickets (no product) as entry have kept the market soaked up a little better. You can post an ad beating those prices you proposed by far and get stampeded with messages for interested people. I'm sure there's some dealer who is setup at those prices, that's their personal decision, it is not even close to the current market value and anyone accepting it is being ripped off.

On the contrary to paying an extra ticket or more at bots, it's more accurate that you can save a ticket or more (on the highest value cards) with some time and luck through the classifieds. The time factor is more in waiting for someone to respond your ad, or searching for ads of people looking to sell their cards slightly above the best bot buyprice, not really in searching through collections. The luck factor is in the fact there are TONS of listings, and the best offer isnt even always SEEN. Rather than simply rip your advice to shreds, I'll offer the community a piece of my own: Search a cardname in the classifieds, notice that 95% of the offers are the EXACT same price – beat that price by a SMIDGE, if you are the first ad a prospective buyer/seller sees beating the majority, you'll often get the sale – they don't want to be 30 seconds late to pounce on what they likely assume is the best offer.

Your comment about picking up commons and uncommons for a deck "without spending a ticket" is just mind-boggling. It means nothing. How many bots do you shop at? Two? Fifty? How did you not spend a ticket? You "spent" the whole ticket in advance and came back for the rest of what you paid for later. If you didnt "spend" anything on these commons, then you overpaid like crazy on that first card when you left the credit. All I can think of is how unexciting it is to find my own dollar bill in my pocket when I take my jeans out of the dryer.

"As I explained above, bots are an integral part of the MTGO trading structure, and knowing how to deal with them is important if you want to make a significant profit online."

This may be true, but I don't see any explanation of how to deal with them in this article.

"To exploit this variance, it’s important, as both a dealer and a player, to not be stuck buying cards during the prerelease period, and instead wait until the Release events to pick up your singles. During the Prerelease might be the only time where it is profitable to buy and open sealed Boosters, simply because the prices of the cards are so high."

Exactly what you are saying, about refraining from buying during the prerelease period, is WHY it is so profitable a time. It is no mystery the cards are overpriced, it is no mystery when packs go on sale and when drafts/release events begin – dealing during prerelease weekend is an amazingly profitable time, and it's a time when human's have a huge advantage over bots. The people in the prereleases just dump their cards indiscriminantly and whoevers there to hand them to the limited players cashes in big time. All you have to do is divest before it's over.

But then… lol… you go on to mention how it might be the only time it's profitable to crack packs…so are we sticking our heads in the ground or trying to deal in prerelease? Cracking packs can be worthwhile, but note packs arent on sale til afetr prereleases, the only ones around are from miserable pre-re payout and possibly new accoutn creation (m11), thus the UNOPENED packs sell for an amazing amount… unless you manage to get away with charging above inflated bot prices for singles (which is possible in pre-re). You can crack packs to sell signles during prerelease but if youre doing that much it also makes sense to be buying singles.

Ugh, I have to cut myself off here because I could go on and on and yeah, I already have… I would stick to paper if I were you, or hold off until I had more experience with MTGO to advise others. The only accurate information I found in here was about buying your singles during release events. Heck, buy EVERYTHING that seems a TINY BIT underpriced during release events (at buyprices not sellprices). It's easy to aquire and almost all goes up. You'll know whats going down if you have any business speculating in the first place. Don't believe me? Right now Goblin Chieftain is going for 0.08, Honor of the Pure for 0.15, Elvish Archdruid 0.15, Day of Judgment 1.3 (was as low as 1.1), Chandra Nalaar 1.25 (was as low as 1), the 5 mll dual lands combine for 3.1… these are fullprice sellprices at the highest charging mtgo bots, you can buy them at discount bots for less, or buy them yourself as a dealer for even less.

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By: NoahWhinston https://www.quietspeculation.com/2010/08/examining-digital-trading/#comment-3518 Thu, 26 Aug 2010 12:58:52 +0000 http://www.quietspeculation.com/?p=1509#comment-3518 @jujuju: personally, i sell them to friends in my area, but Ebay can work just as well. and you can buy tix from most MTGO stores, like mtgotraders, abumtgo, etc.

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By: Jujuju https://www.quietspeculation.com/2010/08/examining-digital-trading/#comment-3517 Thu, 26 Aug 2010 11:37:25 +0000 http://www.quietspeculation.com/?p=1509#comment-3517 How do you convert tix online to cash in the real world? and how do you buy tix for less than $1 – not the wizards store?

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By: andrea https://www.quietspeculation.com/2010/08/examining-digital-trading/#comment-3516 Mon, 23 Aug 2010 08:27:16 +0000 http://www.quietspeculation.com/?p=1509#comment-3516 this articles need more operative instructions… what is the cost of setting up a bot? how much will weight the cost of electric energy? how long it will take to determine price variation? is it possible to speculate over few low cost rares if bot's buy prices are so low? I'm looking forward to your series for sure 😉

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By: CATS https://www.quietspeculation.com/2010/08/examining-digital-trading/#comment-3514 Sun, 22 Aug 2010 04:47:59 +0000 http://www.quietspeculation.com/?p=1509#comment-3514 In reply to the_cardfather.

Great, I got 11 for 1 tix a piece!

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By: Noah Whinston https://www.quietspeculation.com/2010/08/examining-digital-trading/#comment-3513 Sat, 21 Aug 2010 18:32:23 +0000 http://www.quietspeculation.com/?p=1509#comment-3513 @MTG Veteran: i agree, i would never recommend using a bot that you have any doubts about.

@the cardfather: i did manage to pick up some Serra Ascendants in physical form. I've bought about 65 for $2 each, should turn out well

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By: the_cardfather https://www.quietspeculation.com/2010/08/examining-digital-trading/#comment-3512 Sat, 21 Aug 2010 16:25:10 +0000 http://www.quietspeculation.com/?p=1509#comment-3512 If you were quick this weekend you could have picked up Serra Ascendant for less than a ticket. They are spiking right now for 3-4 tix thanks to Woods playing the card in his White Lifegain deck at US Nats.

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By: MtgVeteran https://www.quietspeculation.com/2010/08/examining-digital-trading/#comment-3511 Sat, 21 Aug 2010 16:16:34 +0000 http://www.quietspeculation.com/?p=1509#comment-3511 I've been wanting to set up my own bot for a while, but most sites that sell them look sketchy. I want to be able to take care of bug fixes and know how to properly operate the program before dumping a few hundred dollars blindly over the internet.

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By: Noah Whinston https://www.quietspeculation.com/2010/08/examining-digital-trading/#comment-3510 Sat, 21 Aug 2010 12:43:49 +0000 http://www.quietspeculation.com/?p=1509#comment-3510 personally, i would recommend Parallels, because a) you dont have to restart your computer every time you want to play MTGO and b) you can run the mac and windows at the same time, and use programs from both with parallels

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By: Doug https://www.quietspeculation.com/2010/08/examining-digital-trading/#comment-3509 Sat, 21 Aug 2010 12:36:07 +0000 http://www.quietspeculation.com/?p=1509#comment-3509 Awesome! I just got a Mac, and am trying to figure out what's better Parallels or Bootcamp. Soon I'll just need a decent internet connection…

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By: Noah Whinston https://www.quietspeculation.com/2010/08/examining-digital-trading/#comment-3508 Sat, 21 Aug 2010 09:51:00 +0000 http://www.quietspeculation.com/?p=1509#comment-3508 probably should've covered that :). I have a mac as well. I use a program called Parallels desktop to run Mac and Windows side by side which lets me use MTGO. I'll cover that in my next article

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By: Corbin Hosler https://www.quietspeculation.com/2010/08/examining-digital-trading/#comment-3507 Sat, 21 Aug 2010 03:27:48 +0000 http://www.quietspeculation.com/?p=1509#comment-3507 Having a Mac, I've never jumped into MTGO (scared of spending lots of $$$, also) but if/when I do, this article is immensely helpful!

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