unknown pleasures Posted March 28, 2017 Share Posted March 28, 2017 So here I am, in 2017, reading some random stories from random news sites and what do I stumble upon but this: http://www.charlotteobserver.com/news/local/education/article140535443.html Why school lockers are going the way of rotary phones and vinyl records Now, despite what most of us on this board would think ("School lockers have their own commercial holiday how? And Urban Outfitters sells rotary telephones??"), the vinyl analogy is in fact being used to say that records aren't cool and trendy but old and tired. My theory is until there's no folks left out there that are surprised to hear high school kids are buying turntables and they still make records, the bubble hasn't burst. Anyone agree? Quote Link to comment Share on other sites More sharing options...
Tommy Posted March 28, 2017 Share Posted March 28, 2017 copelandkid, cemeterytapes, One Hundred Fifty-Two and 1 other 4 Quote Link to comment Share on other sites More sharing options...
rooks Posted March 28, 2017 Share Posted March 28, 2017 You're tearing me apart lisa cemeterytapes 1 Quote Link to comment Share on other sites More sharing options...
yancey47 Posted March 28, 2017 Share Posted March 28, 2017 Excellent now there's still room for more shitty soundtracks to get a repress One Hundred Fifty-Two and Family Friendly Rap God 2 Quote Link to comment Share on other sites More sharing options...
AlexH. Posted March 28, 2017 Share Posted March 28, 2017 Bubbles and collapses can absolutely happen within niches and subcultures without the larger culture ever noticing. I'm sure most people aren't aware of the comic book crash of the mid-90s, and yet it had an inescapable effect on comics. Han Solo, thievedrelic, OneThreeOneTwo and 1 other 4 Quote Link to comment Share on other sites More sharing options...
unknown pleasures Posted March 28, 2017 Author Share Posted March 28, 2017 That's a good point. I guess it depends on the size of the bubble. For example, everyone knows about the Beanie Baby crash, to the point that it's become a pop culture reference. OneThreeOneTwo 1 Quote Link to comment Share on other sites More sharing options...
Battra Posted March 28, 2017 Share Posted March 28, 2017 As long as people are continuing to purchase vinyl for the purpose of listening rather than the purpose of collecting, I believe there'll be no bubble to burst. But if folks are only buying them as an investment, there will be a bubble to burst. timsimmons, poweredbytrust, pizza face and 2 others 5 Quote Link to comment Share on other sites More sharing options...
cephcarn4 Posted March 28, 2017 Share Posted March 28, 2017 I wonder if my children will read about the great Beanie Baby crash of 1998 in their history text books. cemeterytapes, dnl and ethereal 3 Quote Link to comment Share on other sites More sharing options...
unknown pleasures Posted March 28, 2017 Author Share Posted March 28, 2017 (edited) I think they already use this book in some economics classes: https://www.google.com/amp/www.wsj.com/amp/articles/book-review-the-great-beanie-baby-bubble-by-zac-bissonnette-1425677030 EDIT - And then there's this poor family: https://qz.com/114753/meet-the-family-who-lost-100000-when-the-beanie-baby-bubble-burst/ Edited March 28, 2017 by unknown pleasures Quote Link to comment Share on other sites More sharing options...
Tommy Posted March 28, 2017 Share Posted March 28, 2017 Remember this guy? Don't be this guy Quote Link to comment Share on other sites More sharing options...
Cloudsbelow Posted March 28, 2017 Share Posted March 28, 2017 24 minutes ago, Battra said: As long as people are continuing to purchase vinyl for the purpose of listening rather than the purpose of collecting, I believe there'll be no bubble to burst. But if folks are only buying them as an investment, there will be a bubble to burst. This guy understands what a "bubble" actually is. pizza face 1 Quote Link to comment Share on other sites More sharing options...
AlexH. Posted March 28, 2017 Share Posted March 28, 2017 4 minutes ago, Tommy said: Remember this guy? Don't be this guy I think about this guy, and his custom made t-shirt, a lot. Tommy 1 Quote Link to comment Share on other sites More sharing options...
lexicondevil Posted March 28, 2017 Share Posted March 28, 2017 59 minutes ago, AlexH. said: Bubbles and collapses can absolutely happen within niches and subcultures without the larger culture ever noticing. I'm sure most people aren't aware of the comic book crash of the mid-90s, and yet it had an inescapable effect on comics. Yep, I remember the comic book insanity. They kept pushing out inferior product with many variants riding on the fear of "missing out" by collectors. Resale prices inflated. One day people realized that that pointless variant of an obscure soundtrack Lady Death comic wasn't worth much of anything. I see happy days ahead for collectors' record portfolios. moodist, somethingvinyl, Cloudsbelow and 2 others 5 Quote Link to comment Share on other sites More sharing options...
Tommy Posted March 28, 2017 Share Posted March 28, 2017 4 minutes ago, AlexH. said: I think about this guy, and his custom made t-shirt, a lot. me too Alex, me too AlexH. 1 Quote Link to comment Share on other sites More sharing options...
unknown pleasures Posted March 28, 2017 Author Share Posted March 28, 2017 39 minutes ago, Battra said: As long as people are continuing to purchase vinyl for the purpose of listening rather than the purpose of collecting, I believe there'll be no bubble to burst. But if folks are only buying them as an investment, there will be a bubble to burst. I think you're always going to have both groups of people present in any "hobby" - it's just a question if the balance between them. I think right now there's still way more people buying records because they like them and they enjoy the music, but each RSD sort of shifts the balance a little based on what I see being sold, who I see in line, and what eBay looks like before & after. Quote Link to comment Share on other sites More sharing options...
floyd_z Posted March 28, 2017 Share Posted March 28, 2017 I think of it as an investment in some way. I collect records for the music though. They actually serve a purpose too, unlike a beanie baby. If they tank in value, who cares? I still have the music. When I started collecting about 18 years ago I could get a decent used Hendrix or Pink Floyd record for $4 or $5, now it's at least $20 at the same shop. Most of the hardcore record collectors I see at record shows/estate sales are 50+, once their numbers start to dwindle I feel like records of certain genres with start to diminish in value. Quote Link to comment Share on other sites More sharing options...
Metal Mike Posted March 28, 2017 Share Posted March 28, 2017 2 hours ago, unknown pleasures said: I think you're always going to have both groups of people present in any "hobby" The part of me that nerds out over the most limited variant is the (your quotes) "hobby" in me. Take that out of the equation and rekkids is how I enjoy listening to music. So the only way a burst affects me is if it shuts down pressing plants. Actually, if the bubble bursts, we'll probably get better music, since pressing plants won't be choking on RSD bullshit. unknown pleasures and MicLima 2 Quote Link to comment Share on other sites More sharing options...
OneThreeOneTwo Posted March 29, 2017 Share Posted March 29, 2017 The only real payout is when, after decades, you donate to a public library willing to take your collection. That tax return will be more worth it than a lifetime of DIY reselling, which is why I've never come across any "lifer" flippers (and would be surprised if many exist). Quote Link to comment Share on other sites More sharing options...
unknown pleasures Posted March 29, 2017 Author Share Posted March 29, 2017 There's a fine line between "lifer" flippers and a few of the record stores I've been... OneThreeOneTwo 1 Quote Link to comment Share on other sites More sharing options...
OneThreeOneTwo Posted March 29, 2017 Share Posted March 29, 2017 2 minutes ago, unknown pleasures said: There's a fine line between "lifer" flippers and a few of the record stores I've been... Ahhh yes come to think of it, there's a jazz-oriented second-hand place in town that always has exorbitant mark-ups. Half that older clientele probably don't know what a Discogs is, nor the fact that they could buy a Numero or Light In The Attic reissue of what they just bought for a third the price and mint condition. Quote Link to comment Share on other sites More sharing options...
MicLima Posted March 29, 2017 Share Posted March 29, 2017 11 hours ago, Metal Mike said: Actually, if the bubble bursts, we'll probably get better music, since pressing plants won't be choking on RSD bullshit. Agreed! OneThreeOneTwo and Metal Mike 2 Quote Link to comment Share on other sites More sharing options...
One Hundred Fifty-Two Posted March 29, 2017 Share Posted March 29, 2017 16 hours ago, unknown pleasures said: That's a good point. I guess it depends on the size of the bubble. For example, everyone knows about the Beanie Baby crash, to the point that it's become a pop culture reference. Everyone knows but very few were actually effected by the crash. For most it was just a fad that died out. The people that got destroyed are most likely the same people that do extreme couponing , "sweep" , and are on hoarders. If they didn't go broke by beanie babies they would have been smothered to death in their own homes by them. Quote Link to comment Share on other sites More sharing options...
Battra Posted March 29, 2017 Share Posted March 29, 2017 15 hours ago, unknown pleasures said: I think you're always going to have both groups of people present in any "hobby" - it's just a question if the balance between them. I think right now there's still way more people buying records because they like them and they enjoy the music, but each RSD sort of shifts the balance a little based on what I see being sold, who I see in line, and what eBay looks like before & after. I've not worried about RSD stuff in so long. I have been to a few, but that was before I was buying vinyl. I was going to stop a few years back...more like...5 years I think, my daughter wasn't speaking yet...and I saw the line and just laughed....I was downshifting (had a stick then) and then I saw the line and starting shifting right back up..haha. OneThreeOneTwo and Metal Mike 2 Quote Link to comment Share on other sites More sharing options...
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