@hyperborea said in The Reserve List - The Reddest Red Herring:
What if WOTC implemented some kind of "stock split" whereby owners of RL cards are invited to trade them in for X copies which are worth 1/X of the original (in order to increase circulation/liquidity)?
WOTC can't control their value outside of deciding how much they want to print or not print. I mean they can't say "These new Lotuses are only worth $100 - don't rip anyone off!" and then print only a few thousand. They could decide to print 10000000000 of them to purposely tank them, though. But still hard to estimate, and black lotus really has very little demand overall. They could tank too far. If every unlimited Lotus were sucked into Wotc's hand and replaced by 10 new Lotuses, how can anyone know for sure that they are just not desirable enough to even be worth 1/10th the value the unlimited used to be? Wotc also can't guarantee that anyone who sends in a real unlimited Lotus won't just keep all 10 new Lotuses for themselves. Lotuses are probably sold at least once a day somewhere to someone, but many are in the hands of people who hoard, invest, collect, or just want theirs for themselves because they will always play and cherish it.
I don't see how this could be likely to truly solve any problem. And it still goes against the reserve list.
@takaryx said in The Reserve List - The Reddest Red Herring:
It's not just collectors and investors, it's also players. My point was simply that legal action is not necessary to enforce the Reserve List policy, because normal market fluctuations resulting from a loss of faith would have the same effect.
Seriously no clue how any of this can be true. Most players are new, which is known by the rate the game grows - approximately 35% growth in playerbase each year for a few years for example. The reserve list affects a very very small portion of the total playerbase (especially with declining support for major legacy events).
It is also quite known that many (most likely a majority) people are against the reserve list.
The kinds of people who are adamant about leaving the RL intact (and/or hoarding/investing) are not the people who make up the majority of packs sold.
And yes legal action would still be necessary. What are you trying to say, because i think i may totally misunderstand? Are you saying that if they abolish the RL and reprint power/duals that the market fluctuations would cause a loss of faith and then what? And then people are happy that others lost faith, and decide NOT to litigate? If i am understanding you correctly, this is completely irrational. Having the RL reprinted would tank collections, and whatever faith people lost in Wotc does not replace the value that RL owners were promised would not be reprinted.
@takaryx said in The Reserve List - The Reddest Red Herring:
The stock example is just real-world example of something similar. You can't just arbitrarily change the value of a share, because it change the value of the stock as a whole. But if you simply split individual shares, the overall value remains the same. If this kind of thing can be done for a system vastly more complicated and worth vastly more money, why can't it be done here.
I'm not 100% sure on this. I'm thinking very physically and literally. You cannot split a card. You could hypothetically send it to Wotc for a replacement of 10 of that RL card. But now you have 10. You don't have a split Lotus. You have 10 Lotuses.
@takaryx said in The Reserve List - The Reddest Red Herring:
The reason the value can be pinned to exactly 1/10th is because the only way to get the new lotuses would be to trade in an old lotus for 10 new ones. This means that everyone would be able to get any lotus and make it 10 new ones.
Yep... So everyone with the money or luck to own a Lotus can now own 10 instead if they want... And then? And then they share with their friends? Or maybe people aren't interested in owning new Lotuses as much? And maybe they are just hoarded away until Wotc stops the redemption program?
Here is what would happen. I own a Lotus. Let's just say it's worth $3,000. I trade it in for 10 cards you imagine are worth $300 each. Myself and everyone who has the fortune of owning a Lotus can do this. No one else. Because you are 'splitting stock', not adding them in packs. So if you do not own a Lotus, Wotc can not sell you a Lotus.
Why on earth would anyone, besides a few nice guys, sell their lotus for less than $600?
I'm gonna double my money, because if you want a Lotus you can pay $3,000 or you can pay $600. Why would this work any different? Is the market going to refuse to pay $600 for a Lotus? If you want to play Vintage you buy the Lotus for $600.
Again, this still affects so few people.
@takaryx said in The Reserve List - The Reddest Red Herring:
If this approach is taken, that every person that doesn't hoard their lotus, can trade it in, keep a lotus and get $4,500 back for trading out the other nine. For every one person that doesn't this, there are 9 new black lotuses available for other players.
How many are going to do this? Someone wanting to sell their lotus for $4,5 and having a hard time might enjoy being able to try selling 10 cards worth 450. Or they might list them for 600.
There's seriously like less than 2 major Sanctioned Vintage events in the states in a year. Who needs Lotuses? Proxy events still draw less than other formats. I don't think we can accurately gauge if there's enough demand for them. A lot of the demand is not just scarcity but collector's or people who want 'real' Lotuses. Maybe this person has a hard time selling their Lotuses for the full value.
I do not know the answer, but i believe i can be reasonably safe to presume it's just not going to work as intended.
Side note; it will also cause many people to hold their Unlimited Lotuses. As others are snatched by Wotc, they are gone forever. Unlimited becomes a new premium in a way.
@loukayza said in The Reserve List - The Reddest Red Herring:
The funny thing about Maro's comment, is that anything he says can probably have an ending of "...at this time.", added to it. There are things that my company does every day, that I recall someone at some point saying we'd never do or have interest in doing.
Well, depending on how pedantic and technically correct (say that with a snooty elitist sarcastic tone in your head for maximum effect), everything everyone says is probably "at this time". I don't know if that is really helpful, overall.
That said, for analytical and learning experiences, i would love examples.
Your corporation is not making promises that are legally binding and purchased by another entity, though. Whatever examples you come up with regarding that is liekly to be a lot different and applied much differently.
@joshuabrooks said in The Reserve List - The Reddest Red Herring:
I still don't see what would be the problem with printing a dual land that also provides C mana (like "painlands" without the pain)?
The only reason not to do this, is because they don't want to crash the dual land market.
That's pretty much it, i think.
I pointed out, regarding 'reprints' of power, that printing deliberately overpowered cards is just poor design. I think better duals is not as egregious as "White Lotus", but still is poor form. Duals are already very, very powerful and while printing better ones in mass quantities would certainly be of use, it's just deliberate bad game design.
However, mass bannings like is probably just also poor form.
@takaryx said in The Reserve List - The Reddest Red Herring:
Even though banning these cards has absolutely nothing to do with the RL policy, I highly doubt WOTC would ever do this because even though there would be no legal issues, a huge percentage of their consumers would quit.
Or start playing, because a lot of people oppose the reserve list.
Although, Legacy minus RL is a lot like modern but with a different banlist, and banning cards not for power but because of not reprinting them is poor design.