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Old 05-17-2020, 03:20 PM   #24
PocketsAintFull
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Join Date: Nov 2018
Location: Birmingham, UK
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Quote:
Originally Posted by Orcin View Post
Account A (the key account) buys every Tim Anderson on the market at any price (most of them will be under 1000). Account A lists 5 Tim Anderson cards for 1200 bid and 1500 BIN (example). Account A also lists two Tim Anderson cards with an opening bid of 500 and no BIN.

Account B is controlled by Account A. It could be a friend/roommate or just a second account owned by the same person using different IP addresses (to avoid easy detection). Account B will buy the open bid Tim Anderson cards at whatever price, hoping for 1500+, to drive up the last 7. Account B will then list the Tim Andersons it acquired in the same open bid manner with Account A buying them back.

The last 7 will stay at 1500 and the unsuspecting buyers decide that there really is a market for Tim Anderson cards at 1500 so we might as well pay the going rate. So they just buy one of the 5 with a 1500 BIN. Account A will ultimately sell all of its cards at a nice profit. If anyone dares buck the trend and list a Tim Anderson with a reasonable BIN price, then Account A will just buy it and add to the profits later.
Not impossible, but it seems more likely that buyers are impatient and drive the average up themselves.

All these cards being bought up (by individuals or otherwise) are going on the open market at lower prices for anyone to buy, too.
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