psia-antique Posted July 30, 2010 Report Share Posted July 30, 2010 If you Google eBay business model, you will find all you want to know about starting you own auction site if you choose. Remember the corporate history of eBay. It was started by computer guys as a social experiment to see if buying and selling would become more efficient with a market which had more "transparency." By definition eBay is an efficient market. For a thorough understanding of this market, you need to understand how the Over-the -counter market (OTC/NASD) and its clearing corp. work since eBay is so similar. The Sherman Anti Trust Act will answer most of the monopolisti cquestions, while the definitions of a monopoly and an oligopoly will answer the question of size and control of any particular industry. Good luck to those who step into the shark invested waters of starting a new market.If you choose I will put you in contact with a brilliant man (next week since he is flyfishing this week) who is trying to start a "third market" "(OTC) trading of listed commodity futures." I would also suggest that you go back to the early 70s and become familiar with a bill before the Congress. It was Bill HR5050 (if memory serves) dealing with "third market" regs for "OTC trading of listed securities." All of the markets NYSE, AMEX, CBT,Chi Merc, CBOE, OTC, Paris Bourse, etc. are based on the premise that equilibrium can be found by bringing all the buyers and sellers together in a compressed time and space. And yes I have been on the floor of all of these exchanges and executed trades on two of them. SNO Link to comment Share on other sites More sharing options...
Rhiannon Posted July 30, 2010 Report Share Posted July 30, 2010 Link to comment Share on other sites More sharing options...
Steph Posted July 30, 2010 Report Share Posted July 30, 2010 Thanks Steve for addressing the subject after that last thread. It's a deep one. I appreciate the effort and the leads. Link to comment Share on other sites More sharing options...
ann Posted July 30, 2010 Report Share Posted July 30, 2010 Me too -- Link to comment Share on other sites More sharing options...
m!b$ Posted August 2, 2010 Report Share Posted August 2, 2010 Could somebody please sum up whatever it is that we're talking about in post #1? I find economics/politics too nauseating to do any in depth research on... Link to comment Share on other sites More sharing options...
ann Posted August 4, 2010 Report Share Posted August 4, 2010 If you're not interested, why bother? If you are, Googling two things (eBay business model and Sherman Anti-Trust Act) won't bust a gut. Well, maybe mine. I break into a cold sweat at the idea of balancing my checkbook. Obviously I don't sell on eBay, or anywhere else. I just buy marbles. Steve, I know you traded at the Paris Bourse -- I'm assuming the other was the Chicago Board of Trade? Link to comment Share on other sites More sharing options...
m!b$ Posted August 4, 2010 Report Share Posted August 4, 2010 Of course I'm interested. Just somebody else do the work... Link to comment Share on other sites More sharing options...
ann Posted August 4, 2010 Report Share Posted August 4, 2010 Of course I'm interested. Just somebody else do the work... If you find somebody, let me know. I'd like one of them too! Link to comment Share on other sites More sharing options...
psia-antique Posted August 22, 2010 Author Report Share Posted August 22, 2010 Thanks Ann and Steph.Reading is the foundation of learning and research. If you want to learn to play golf,read. If you want to learn to ski,read. If you want to learn about marbles, read a lot! Link to comment Share on other sites More sharing options...
FISHSLAYERMARRBLEGRIFF Posted August 23, 2010 Report Share Posted August 23, 2010 Im sticking with "DO".The tools are communication.It comes in many forms,including thought and witness. Reading is not alway a dependable thing.It can be as misleading as a mans(person)word. How many corrections have been made in marble books,over time,as an example? Link to comment Share on other sites More sharing options...
m!b$ Posted August 23, 2010 Report Share Posted August 23, 2010 (edited) Most collectors are willing to accept more damage on the old handmade marbles than on the newer machine-made marbles. That's probably only because it's so hard to find any perfectly mint handmades (contemporaries aside). It's just supply and demand. As long as there's mint ones out there, that's going to be what collectors (the ones with the $) are after. Oops...I put this in the wrong thread. Edited August 23, 2010 by m!b$ Link to comment Share on other sites More sharing options...
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