"Eating a contract" Topic

jtrinsey
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"I really don't care if a few loud mouth owners want to put up a fuss about a deal that would otherwise not be talked about if a post was put in World Chat."

That is fine. Then you shouldn't care if it gets vetoed either.
10/27/2010 4:08 PM
MikeT23
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Market value isn't established between a buyer and a seller in HBD until the transaction has been completed.   I think you're completely failing to understand this.

I'm guessing that you're in college right now.   Am I correct?     I'll tell you why.   You have an understanding of the term but you're unable to apply it to the situation.  That's pretty standard for college kids.  
10/27/2010 4:10 PM
deathinahole
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What the hell are they teaching kids nowadays?

Why, in my day, you'd trade fake players on a handshake
10/27/2010 4:12 PM
MikeT23
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It's not really so much that.  It's just that college kids, at least in my day, don't have a ton of real-life experience.   So while they know the terms, they are unable to apply them to the specific situation.   Isack is absolutely right in that if he wants to trade a Mercedes for a tomato, that I'd have no say in the matter in the real world.   He'd do it and I'd say "Wow, that dude loves him some tomatoes!" and move on.  But, in the HBD situation, I can say "Whoa!  Stop that.  That's friggin' retarded!" with one press of a button.   If 9 others in our tiny little world agree, all he can do is kick his feet in protest.
10/27/2010 4:17 PM
isack24
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Posted by MikeT23 on 10/27/2010 4:10:00 PM (view original):
Market value isn't established between a buyer and a seller in HBD until the transaction has been completed.   I think you're completely failing to understand this.

I'm guessing that you're in college right now.   Am I correct?     I'll tell you why.   You have an understanding of the term but you're unable to apply it to the situation.  That's pretty standard for college kids.  
I have no real intention of getting into a credentials ******* contest, but I'm a lawyer.  Not in college, not in law school, but actually a practicing attorney.

It's clear that your obvious and in-your-face pomposity requires you to portray yourself as the omnipotent, omniscient ruler of HBD, but it's pretty obvious that your basic argument strategy is simply to be dismissive and label others as lesser intellectually while refusing to actually argue substantive matters.

First, market value is market value.  It's no different in HBD than anywhere else.  Second, market value can be established without a completed transaction.  Just like market value can be established in the real world without a completed transaction.  Third, even if you're correct, and market value is established only upon a completed transaction, then that completed transaction establishes the market value, and someone can't come in later and say, "hey, that's not the market value."  The market value would be what can be obtained on the open market, and that was what the transaction resulted in.  So even with your made up definition, you're still not right.
10/27/2010 5:00 PM
isack24
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You're right.  In HBD, 10 people can some together and veto.  I don't have any control over that.  I don't always agree, but I understand the rules, and play by them.

That doesn't have anything to do with you lacking an understanding of FMV.
10/27/2010 5:06 PM
MikeT23
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It has a lot to do with your inability to practically apply FMV to HBD. 

I'd love to see you plead your case thru a veto with "Hey, that was fair market value.  We agreed!!"   Let me know how that turns out.
10/27/2010 5:10 PM
MikeT23
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I do agree that market value is market value.   I think this is where you get lost.  When you and another owner, in HBD, determine the value of a players and swap them, the other thirty owners get to decide if you're right.   If 10 say "No thank you", your detemination of value is wrong.   No two ways about it.  The "market" has said you're wrong.   If it goes thru, they have accepted your evaluation. 
10/27/2010 5:13 PM
MikeT23
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And I'm a cowboy.  And an astronaut.  You can be anything you want to be on the internet.

But, in HBD, two owners don't determine FMV.     That just isn't true.

10/27/2010 5:21 PM (edited)
isack24
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I'll let you have the last word after this, but I'm really not lost.

I'll say it one more time simply because I feel obligated for some reason: market value is the price that can be agreed upon between a willing buyer and willing seller.  So, for HBD purposes, if someone says, "X is available," and he only receives two offers and chooses the best, the best offer will be the market value (assuming no duress or compulsion).  People can't come in afterward and say, "that's not his market value."  By definition, it is.  If they want to veto, they will, but the market value argument is incorrect.

And agin, I'm not disagreeing with your practical application of vetoes or how HBD works, simply taking exception with using "fair market value" as justification for a veto when there has only been one offer.
10/27/2010 5:21 PM
isack24
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Posted by MikeT23 on 10/27/2010 5:21:00 PM (view original):
And I'm a cowboy.  And an astronaut.  You can be anything you want to be on the internet.

But, in HBD, two owners don't determine FMV.     That just isn't true.

Astronaut cowboys are hard to come by.  That's impressive.

If you're ever in Minnesota, let me know, and I'll buy you a beer and show you my license.

10/27/2010 5:23 PM
MikeT23
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I'll show you my six-shooter and space helmet!

Market value in HBD isn't the same as market value in the real world.   You're in a closed community and they can force you into paying more/accepting less than you deem fair.   It's a practical application.   Long ago, when I was in college, I decided communism was the best form of government.  Sadly, it can never be applied.  There are no, and never has been, a true communist community or nation.   Human nature will not allow it.  Much like you cannot apply real life market value definitions to HBD.
10/27/2010 5:52 PM
tropicana
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I think isack is using market value and fair market value interchangably.

Call me nuts, but I don't think that those are the same thing.
10/28/2010 12:54 AM
plague
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Posted by tropicana on 10/28/2010 12:54:00 AM (view original):
I think isack is using market value and fair market value interchangably.

Call me nuts, but I don't think that those are the same thing.
They are intertwined. Fair Market value is the estimate of market value.
10/28/2010 6:46 AM
plague
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Posted by isack24 on 10/27/2010 5:23:00 PM (view original):
Posted by MikeT23 on 10/27/2010 5:21:00 PM (view original):
And I'm a cowboy.  And an astronaut.  You can be anything you want to be on the internet.

But, in HBD, two owners don't determine FMV.     That just isn't true.

Astronaut cowboys are hard to come by.  That's impressive.

If you're ever in Minnesota, let me know, and I'll buy you a beer and show you my license.

Don't bother with him. He will never admit to being wrong because in his mind he is always 100% right. You will never get anything positive out of him.
10/28/2010 6:51 AM
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