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General Category => General Discussion => Topic started by: Tom on August 15, 2021, 01:38:12 PM

Title: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: Tom on August 15, 2021, 01:38:12 PM
Remember this stuff.  My wife was collecting them.   :grin: :grin: :grin:

https://www.youtube.com/watch?v=OuD0h5I-NrQ
Title: Re: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: LowRyter on August 15, 2021, 01:44:28 PM
How many beanie babies to a Bitcoin?   :blank:
Title: Re: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: Tom on August 15, 2021, 01:51:40 PM
 :grin:
Title: Re: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: Turin on August 15, 2021, 04:41:53 PM
The story complete story is fascinating.  https://www.vicetv.com/en_us/video/beanie-babies-go-bust/60da5937a43cb415c53a8f89 (https://www.vicetv.com/en_us/video/beanie-babies-go-bust/60da5937a43cb415c53a8f89)  Vice TV link. The manufacturer used the internet to create demand and caused the beanie market to crash. As a species we are pretty stupid .
Title: Re: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: Mayor_of_BBQ on August 16, 2021, 05:20:53 AM
Divorce is hell

(https://img.huffingtonpost.com/asset/58af7f412900002200bea8f8.jpeg?cache=DGOv6KMw4a&ops=scalefit_720_noupscale&format=webp)
Title: Re: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: jcctx on August 16, 2021, 12:39:33 PM
Well, I own a pet rock????
Title: Re: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: Muzz on August 16, 2021, 03:54:51 PM
Well, I own a pet rock????

Every time I ride over the Waimakariri River I see billions of unwanted pet rocks.... :rolleyes:
Title: Re: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: Tom H on August 16, 2021, 04:19:27 PM
Every time I ride over the Waimakariri River I see billions of unwanted pet rocks.... :rolleyes:

Awww. That is so sad, doesn't anybody want to care for them? :evil: :whip2:

Tom
Title: Re: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: Turin on August 17, 2021, 11:27:07 PM
queue Sarah Maclaughlin singing " in the arms of an angel " in front of a pile of river rocks.
Title: Re: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: LowRyter on August 18, 2021, 07:54:48 AM
Compared to Crypto Currencies, at least you have a stupid doll, not vaporware. 

Last year it was GameStop stock.  And they're still a going concern.
Title: Re: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: egschade on August 18, 2021, 08:58:21 AM
If you look at some of the outrageous Beanie sales on eBay you'll see that both the seller and buyer have little to no history meaning it's likely a money laundering scheme.

My mother passed last year and I would up with over 200 'collectible' Beanies. Most 'rare' ones sell for real at $2 - $5. Giving the others away,
Title: Re: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: larrys on August 18, 2021, 09:00:00 AM
During a recent visit home my daughter dug out her tub of beanie babies, about 50 of them. She looked them up and some are still going for stupid money on the innanet. Go figure.
Larry
Title: Re: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: egschade on August 19, 2021, 02:08:57 PM
During a recent visit home my daughter dug out her tub of beanie babies, about 50 of them. She looked them up and some are still going for stupid money on the innanet. Go figure.
Larry

Asking and selling price are two very different things. If you go to advanced search you can look at completed sales to get a better idea of the real value. (Hint: it's not the asking price)
Title: Re: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: m13 on August 19, 2021, 03:23:55 PM
one of my sons, when little, LOVED to play with beenie babies. He insisted we cut the little tag off each one, maybe 30 or so of them, so we did. As play toys they were really varied and lended to pretend situations. My son now nearly 30 years old for some reason has by now lost interest so the collection sleeps in the attic in a rubbermaid container .
Title: Re: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: jcctx on August 21, 2021, 09:51:25 AM
Every time I ride over the Waimakariri River I see billions of unwanted pet rocks.... :rolleyes:
Yes, mine is "special"!!
Title: Re: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: old head on August 21, 2021, 10:08:15 AM
Reminds me of the Tulip Mania in Eurpoe during the early 1600's.  Supply and Demand, with creative marketing and Lemmings for customers.
This type of Ponzi scheme pops up from time to time and seems to ends the same way every time.

Old Head
Title: Re: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: larrys on August 21, 2021, 01:37:49 PM
Asking and selling price are two very different things. If you go to advanced search you can look at completed sales to get a better idea of the real value. (Hint: it's not the asking price)

Yeah, she's 31 and knows that. She was looking at what they sold for.
Larry
Title: Re: How The Beanie Babies Frenzy Collapsed | Rise And Fall
Post by: Muzz on August 21, 2021, 06:41:48 PM
Yes, mine is "special"!!

 :rolleyes: :rolleyes: :rolleyes: :rolleyes: :grin:

I am sure that there is at least one rock in the Waimak River bed that thinks it's special too.... :laugh: :laugh: