Quote by Mobius Evalon
Despite LeapBucks not having value outside of the site, LeapTrade still deals in one of the same units as a real-cash marketplace: trades. 20 extra LeapBucks over market value means that I'm sacrificing at least one future trade (potentially up to four if I go for cheap games).
Trading my game in for 60 LeapBucks and spending that on three 20 LeapBuck trades is far more attractive than spending it all on a 60 LeapBuck trade,
When you say "I can get more value from three $20 credit trades than one $60 credit trade" for the most part I agree with you.I think it really comes down to how much a person wants the games involved in that hypothetical scenario but generally I think your statement is fairly accurate.
Quote by Mobius Evalon
especially when the latter is asking $20 more than the LT market price and the real-cash equivalent.
20 extra LeapBucks in the seller's pocket is literally the same as going to a real-cash trading marketplace and trading away my $60 game for a $40 game in return. The only difference on LT is that you go through an intermediary currency first.
But here is where your argument goes off the rails. 20 extra leapbucks IS NOT LITERALLY THE SAME as going to a real-cash trading marketplace for 2 reasons. Firstly, it isn't real cash. So it cannot be literally the same if one currency has real value outside the site and the other doesn't. It is LITERALLY impossible for the two thing to be the same. Secondly, in a real cash marketplace everything we trade in has much less value than it would here. I don't think someone's copy of MLB 2009 for the Xbox 360 would get $5 anywhere outside of this site. But that is the baseline value placed on all games on this site. While that is something of an extreme case the fact remains that what we trade for credits here is also higher than it would be on the real cash marketplace. So if games you want to purchase are overvalued then the games you are trying to sell are overvalued as well. It balances out. Now if you would prefer to do those 3 $20 credit trades instead of one $60 trade because you think there is better value for you there then I don't think anyone will dispute you. But this whole "overpriced" thing is just nonsense outside of that particular context. You gotta give up the ghost on that one.