Post #755971 by swizzle on Sun, Dec 13, 2015 3:10 PM

To me personally, flipping is buying something with the intent to sell it at a marked up price, regardless of time frame, although more so straight away, especially with new items. The Tiki Ti cobra mug by Tiki Diablo is the best and most recent example. The original cost of that particular mug is $75 and yet because the first few that went online (within days of it being released) sold for around the $200 mark, now everybody who is selling that mug online is asking about the same price.
There is a particular member of this site, who i won't name, that if you go through his post history, the only time he posts on this forum is to sell you something at an inflated price because he has access to it when many others don't so he takes advantage of that and 'says' he's doing it for the members here when all he's really doing is trying to make money for himself.
Buying something and putting $20-30 on top of the cost price and postage costs to cover your time running around and shipping it out is one thing, but asking double the asking price (and more a lot of the time) is just plain greed.
Munktiki still have their one per person policy but that still doesn't stop people from reselling the mug at a much higher cost just because they were fortunate enough to be able to snap that mug up before a 'true' collector had the chance and then exploit that fact for their own benefit.