Originally Posted by Stealth Pyros
Not really price gouging, I'd say more like profiteering. You reserve every right to sell anything you personally own for any price whatsoever via means of garage sale/online auction/etc. with the exception of illegal goods. If someone wants to buy my pre-order receipt for $5,000 so be it
It also looks like these were auctions and not "Buy it now" listings. Can one be blamed for the demand on a particular product that leads an auction to increase to a high final price? I sold a 4870X2 for $330 on eBay, when a brand new GTX570 cost me exactly that. A few of the bidders messaged me complaining to ME with the conspiracy that I was sabotaging the auction and competing against their bids myself with another account to price gouge (4870X2 was hard to find at the time). I was like hey man file a report with eBay and they'll investigate and decide who is right.
This. No one is forced to pay these prices, they are doing so willingly. I've seen some buy-it-now listings sell for $700-800 already for the Wii U Deluxe, and hope they go even higher (I'm guessing around launch we'll see $1k easily). Why? I have some pre-ordered
. I hope to sell them to pay for other things I want (including a Wii U once the prices settle down; I'd be a fool to keep one for myself with the value so high). The small handful of units picked up for resale are a boon to buyers; it's such a small number it doesn't affect how quickly pre-orders sell out, but it gives late deciders an option for getting a console they otherwise would be staring at "SOLD OUT" signs for at launch, albeit at a premium.