Goozex 50% off Points Sale

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http://www.goozex.com/trading/asp/shop.asp?code=G&ref=www.cheapassgamer.com

Sale ends Dec 31.

50% off gift cards. Send one to yourself and forget about flipping games for points.

Gift card: 500 Goozex points + 5 trade credits $ 15.00 save 50%!
Gift card: 1000 Goozex points + 5 trade credits $ 27.50 save 50%!
Gift card: 2000 Goozex points + 5 trade credits $ 52.50 save 50%!
Gift card: 3500 Goozex points + 10 trade credits $ 92.50 save 50%!
Gift card: 5000 Goozex points + 20 trade credits $ 135.00 save 50%!
Gift card: 1000 Goozex points $ 25.00 save 50%!
Gift card: 2000 Goozex points $ 50.00 save 50%!


Feel free to delete if this is a re-post. I couldn't find it in the search.
 
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[quote name='Silverslug']Don't worry I saw Kube's link. Sorry dude :/


Anyway, Wtf I looked at some PS(one) games and they come up as (PSN). Like Crash. So If I get the PSN do I get some points or something?

I don't know if anyone has tried or knows about this, would be nice to know :3[/QUOTE]

Some of the old PS1 games are available for purchase on PSN, so sometimes you'll get results for both. You'll have to choose the PS1 version. You can either search just PS1 games or pick it out in the list of Crash's.
 
[quote name='Silverslug']Don't worry I saw Kube's link. Sorry dude :/


Anyway, Wtf I looked at some PS(one) games and they come up as (PSN). Like Crash. So If I get the PSN do I get some points or something?

I don't know if anyone has tried or knows about this, would be nice to know :3[/quote]

Most of the games listed from the PSN and Live Arcade are not tradeable. Live Arcade games that have known codes I believe can be traded (points for the code essentially) and Wii Shop Channel games can be traded through gifting (goozex points for wii points). PSN games AFAIK can't be traded.

Exception being for the small handfull of PSN games where download vouchers have been released for them (mostly through PSP bundles). In that case it would be just like the XLA games that have download codes for them , they would be tradeable.
 
[quote name='degenerazn']Exactly, this only benefits the people who run Goozex. They have no idea that all their doing is just hurting the system in the long run. They seriously need a lesson in economics. Flooding the market w/ cheaper currency only screws over their loyal members. I'll be waiting when the Goozex system crumbles.[/quote]

A couple times a year they'll offer a free trade and a free 100 points to anyone who'll sign up. How is this sale any different? I guess it depends how you use Goozex. Me, I trade new games on there for full points, and then I get a shit ton of older games. Dollar for dollar I always end up ahead and only make trades on Goozex when I'm getting something for less than its dollar value, and trading it for more than it's dollar value. I do quite well on Goozex with this strategy.
 
Well I was going to get Medievil for PSN since it had it for 100 and you can play it also on PSP. I just don't understand how that will work, I guess I can always try and see lol.
 
[quote name='Silverslug']Well I was going to get Medievil for PSN since it had it for 100 and you can play it also on PSP. I just don't understand how that will work, I guess I can always try and see lol.[/quote]

If there wasn't a download code or voucher ever made available for the game , it won't matter.

Here's a couple threads that discussed the same issue from the goozex forums.

http://www.goozex.com/community/forums/p/4908/19575.aspx#19575

http://www.goozex.com/community/forums/p/5813/21877.aspx#21877
 
[quote name='veronesepk']I think this is a legit worry. It's not an economically viable system long term, especially if they keep doing stuff like this.

Selling points really bothers me - it's a one way transaction, with no new games being put into the system. It's like printing money, but not backing it with anything (like we do know...don't get me started on the federal reserve).
[/quote]

Huh, how else would they get more points into the system if they didn't sell them?

If you had 1000 points in the system, and user A has 500, user B has 400, and user C has 100. If user C puts up a game that goes for 600 points, how could user A or B ever get it. There's a finite number of points you're dealing with in that scenario. You don't get points by simply listing a game and then someone wanting, that someone has to have currency...ie points.

And remember, more users means more games in the system.

Also, think of it this way, you have 10,000 users using 100,000 points, you add 10,000 more users, but you only add 1,000 more points. That means you have 20,000 users now using over 101,000 points, whereas before you had 10,000 users using 100,000. If they don't find ways to grow points equal to the users, then the value of games will go way down, and quickly, because there will be more users using roughly the same amount of points. So this is a good way to increase the points to equal the users, and should actually help keep the system and value of points stable.

Adding more points to the system will slightly deflate things over the short term, but over the long term, it's more points in the system that people can work with, which is good for the system, as long as it's a short term sale to infuse more points into the system. As the system grows, they HAVE to find ways to bring more points into the system.

If the user base grows, and the points don't grow in proportion to the user base, there will be a constricting effect on trades. This can't happen. I don't know about anyone else, but I've never bought points on Goozex, only trades, and I've used the system a lot. That means, I've either taken points from people that have bought them, or I've taken points from the 100 you get free for signing up. Understand? So as users grow, they have to find ways to get more points in the system, or it will sieze. This is the first time I'm actually considering buying points, so this should help grease the wheels. They just can't keep this sale going for long, and I don't suspect they will.
 
[quote name='charlescheese']A couple times a year they'll offer a free trade and a free 100 points to anyone who'll sign up. How is this sale any different? I guess it depends how you use Goozex. Me, I trade new games on there for full points, and then I get a shit ton of older games. Dollar for dollar I always end up ahead and only make trades on Goozex when I'm getting something for less than its dollar value, and trading it for more than it's dollar value. I do quite well on Goozex with this strategy.[/quote]

This is basically the same thing I do. I'll purchase newer games on sale $40 or less , or clearance titles from Target , whatever , and trade them on goozex for 1000 points or whatever price the game is going for. Then I'll use those 1000 points to buy a bunch of games that are 500 points or less. I only have a handfull of active requests that are more than 300-400 points. Anything higher either stays on hold or on my watch list until it comes down in price.
 
Charles, couldn't have said it better myself, that's basically the jist of it. And as long as goozex keeps the point cap in effect it shouldn't hurt it too much.
 
Nice find. This is tempting to paypal some funds. On the other hand, the reason I joined goozex was to not spend money on games.

I've received some great games from goozex for my ds over the last few months.
 
This is all bad. There's a shortage of PS3 games to keep up with demand and this won't help at all. I don't think I'll be able to rabidly defend goozex like I could in the past.
 
[quote name='btw1217'][quote name='Kerig']
Ask a Salvation Army Santa for one, he should be able to hook you up.[/quote]
Does he require cookies?[/quote]

Not usually. Just a cheap bottle of Whiskey and 5 minutes on his lap.

I couldn't resist any longer. I bought myself the $15 CAG package, might buy another one later.

OP or mod: please add to the OP the fact that you can send these to yourself and redeem them on the same account immediately.

CAGs aren't exactly buying these for gifts, but even I was worried for a second about buying and redeeming on the same account/E-mail. Goozex should flat out say "treat someone or yourself to a gift at 50% off...problem solved.
 
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[quote name='charlescheese']A couple times a year they'll offer a free trade and a free 100 points to anyone who'll sign up. How is this sale any different? [/quote]It's not.
I guess it depends how you use Goozex. Me, I trade new games on there for full points, and then I get a shit ton of older games. Dollar for dollar I always end up ahead and only make trades on Goozex when I'm getting something for less than its dollar value, and trading it for more than it's dollar value. I do quite well on Goozex with this strategy.
Click to expand...
Yes, but the system itself is unsustainable.
 
[quote name='charlescheese']Huh, how else would they get more points into the system if they didn't sell them?

If you had 1000 points in the system, and user A has 500, user B has 400, and user C has 100. If user C puts up a game that goes for 600 points, how could user A or B ever get it. There's a finite number of points you're dealing with in that scenario. You don't get points by simply listing a game and then someone wanting, that someone has to have currency...ie points.

And remember, more users means more games in the system.

Also, think of it this way, you have 10,000 users using 100,000 points, you add 10,000 more users, but you only add 1,000 more points. That means you have 20,000 users now using over 101,000 points, whereas before you had 10,000 users using 100,000. If they don't find ways to grow points equal to the users, then the value of games will go way down, and quickly, because there will be more users using roughly the same amount of points. So this is a good way to increase the points to equal the users, and should actually help keep the system and value of points stable.

Adding more points to the system will slightly deflate things over the short term, but over the long term, it's more points in the system that people can work with, which is good for the system, as long as it's a short term sale to infuse more points into the system. As the system grows, they HAVE to find ways to bring more points into the system.

If the user base grows, and the points don't grow in proportion to the user base, there will be a constricting effect on trades. This can't happen. I don't know about anyone else, but I've never bought points on Goozex, only trades, and I've used the system a lot. That means, I've either taken points from people that have bought them, or I've taken points from the 100 you get free for signing up. Understand? So as users grow, they have to find ways to get more points in the system, or it will sieze. This is the first time I'm actually considering buying points, so this should help grease the wheels. They just can't keep this sale going for long, and I don't suspect they will.[/quote]

:wall:

This is totally wrong. You say this will keep the system and value of points stable, and things will "deflate". In reality, it makes the system unstable and leads to inflation.
 
For anyone that does this, please actually list games people want to play and actively use the system. Don't be a dick and get games but never give back.
 
[quote name='JJSP']For anyone that does this, please actually list games people want to play and actively use the system. Don't be a dick and get games but never give back.[/quote]

How about using the points for games that no one else wants anyway? I already used my newly purchased points to get Wall-E for PS2 :)

GTA IV: 360 has 288 complete ready to trade for 650 points.
Bioshock: 360 has 160 complete ready to trade for 600 points.

By all means, feel free to buy games like that and not worry about trading in anything else...
 
I wish Oblivion was dropped, the GOTY is retailing for 29.99 and it costs 850 pts. I would think a fair trade would have been 600 (max)
 
How much of a pain is it to use Goozex from an APO address? I signed up, but haven't done anything with them yet, but I am very interested. Anyone have an opinion?
 
[quote name='Kerig']
GTA IV: 360 has 288 complete ready to trade for 650 points.
Bioshock: 360 has 160 complete ready to trade for 600 points.[/quote]

How did you access this information? That is, how can I look up on the site what games are most ready to be traded? I've seen the weekly stats, but nothing that would show "lifetime" stats like what you quoted.
T.I.A.
 
[quote name='DesertLeo']How much of a pain is it to use Goozex from an APO address? I signed up, but haven't done anything with them yet, but I am very interested. Anyone have an opinion?[/quote]

Since Goozex is a trading "front", it would be the person (gamer) who fulfills your order shipping the item out - granted they would need to ship USPS (which I believe most do anyway) and fill out a customs form. Filling out the customs form may spook some of the shippers, but I would doubt it. It is a community more than anything, and I doubt most would balk at filling out a form that takes 45 seconds tops to do.
 
[quote name='Trenchalicious']Probably a last ditch effort to get some money before they close up shop.[/quote]

Actually this is a better deal for them than anyone else. If you use Goozex as it's intended then you put your games up for trade and use those points to purchase other games. Goozex would only gain a dollar on each of the trades that took place. By selling points at a discount, they're still gaining that dollar but they're also getting an extra $2.50 for every 100 points you purchased.

I'll probably stock up the day after Xmas just because I'll be sure that I have the money. Plus, it's payday.
 
i think its pretty funny most bitching are those that flip games...i mean really how petty are some of you?



trust me this is what i do, the impact of this will not be substantial, especially long-term, the one's complaining the most and most loudly are the one's that flip games, which into itself, is essentially something people could bitch about effecting the system too


its roundabout, don't complain because you spend your time taking advantage of system flaws when something like this happens and you feel you wasted time and money
 
Where is the Cheapy D riding in on his white stallion with the new CAG trading system we've been hearing about? I'm only kidding by the way.

Just got an email to send out Gran Turismo for ps3, I'm done with Goozex. This is a complete insult to those with a running point total.
 
[quote name='veronesepk']I think this is a legit worry. It's not an economically viable system long term, especially if they keep doing stuff like this.

Selling points really bothers me - it's a one way transaction, with no new games being put into the system. It's like printing money, but not backing it with anything (like we do know...don't get me started on the federal reserve).


I keep my goozex points low (less than 1k at all times). You never know when the system might fail/people quit going to the site.[/quote]

okay i have to post twice in row and slightly go off-topic...


a) this is nothing like that

b) not backing it is not the reason why the economy (worldwide...which is another story) ended up in the situation it has

c) i'll assume that if you knew what you were talking about in terms of economics, the world as a whole in terms of business, etc you wouldn't have made the comments you did...the reason money isn't backed with anything tangible (ex: like it used to with gold) is due to another set of circumstances and the fact if it was backed wouldn't have done anything anyways to prevent and stop the mess the world's ended up in



Goozex is built off a trading aspect of tangible goods, for it to go under it would need it's sector to almost completely disappear from the market, which we all know as hardcore gamers isn't happening for quite awhile if ever. If they fell on really hard times of keeping the site opened and turning a profit, we'd see a massive influx of advertising first.
 
[quote name='52club']Where is the Cheapy D riding in on his white stallion with the new CAG trading system we've been hearing about? I'm only kidding by the way.

Just got an email to send out Gran Turismo for ps3, I'm done with Goozex. This is a complete insult to those with a running point total.[/quote]

Yes, but an insane deal for those of us who use up our points as soon as we can on the multitude of titles in our list. I'll probably pick up a couple 360 titles that have eluded me and round out my collection of choice Xbox titles.
 
I love Goozex. When I started I built my points total by sending out a lot of GBA games that I got for cheap and never played anymore. I used it to get several PS2 games I hadn't played and the occasional new release. For example, I got GTA4 (360) shipped to me less than a month after came it out, and I wasn't even near the top of the list.

Hopefully this points promo will help move some of the more overstocked games. Either way I don't see this having a dramatic downside.
 
great deal, thanks! I love goozex. And if there's a new title coming out, I'm usually first or 2nd in queue lol just waiting for it to pop up so no big there. And since I flip on goozex I get those new titles at great value. And I've gotten rid of a few of my older titles on there that wouldn't have sold otherwise. good stuff!
 
Pretty crappy deal if you have a Hollywood around you. There are tons of games available that range from 500 pts to 1,000 for $4 each.
 
Goozex has always offered point discounts. When you bought larger amounts of points you got 25-30%. My only concern is if they lift the trading point cap above 1000 for routine games. (I would support raising it for games with higher MSRP like Rock Band band kits 1/2 etc)
 
In for a bunch, based upon the angst expressed in this thread this must be a cheap way to get points, and the trade credits are golden.
 
[quote name='52club']Where is the Cheapy D riding in on his white stallion with the new CAG trading system we've been hearing about? I'm only kidding by the way.

Just got an email to send out Gran Turismo for ps3, I'm done with Goozex. This is a complete insult to those with a running point total.[/quote]

Wow. Could you whine a little louder?

I have a running point total and I think what they are doing is a good thing.
 
[quote name='Foo228']Looks like I can get LBP for $30 with 10 trade credits...not too shabby[/quote]

In six months.


I requested LBP within a week of it coming out, and there are 266 people ahead of me (142 ready to trade, 124 with restrictions, along with 122 "on hold" requests) and it's only been traded 27 times.

If you want a specific recently released game, you're much better off waiting for a sale on CAG, eBay, or even a gamestop promotion. You may pay $10-15 more, but you'll at least get the game in a timely fashion. Heck, by the time LBP is routinely available on goozex, I'm sure you could pick it up for $30.
 
[quote name='Foo228']Looks like I can get LBP for $30 with 10 trade credits...not too shabby[/quote]

But with 239 requested and 0 ready for trade, how long will it take? I have LBP and I would trade it in, today, but why bother? I have over 5,000 points and can never get a game I actually want.

I still maintain that capping the "demand" (points) ruins the system. When you cap demand, you also reduce the supply. It would not cause inflation so much as finding a true price.

Rather than bothering to add to the supply of Goozex, I will just sell them on Amazon.com.
 
[quote name='Interstella 5555']What's the $15 CAG bundle. I can't seem to find it.[/quote]

Since my question was asked at the bottom of the last page, I assume no one saw it.
 
I've always been the first to champion Goozex, but I think this is a terrible move. Price controls plus an increased "money supply" scares away supply. I've stopped listing my newer games since I can never spend that many points anyway unless I suddenly want a pile of cheap PS2 games. At this point, raising the points cap and letting the system adjust itself is really the most responsible thing the site could do. More people would list popular new games if they could get more points and the site would make more money through a higher volume of high-end trades. Granted, it might be harder for someone to get a new game if they're trading only 100-pt titles, but it seems to me that more people pay $5 for a game that they turn around and trade for 500 pts. So if the most popular titles are 1500 pts instead of 1000 it'll cost them $15 to get a brand new game instead of $10. Oh well, that's not too much of a price to pay for smoother trading. Also, as far as I can tell most people don't actually buy points unless they're discounted (like the current sale), so the inevitable argument that "a new game at 1500 pts would be like paying $75 for it" is kinda moot, imo.

So I'm disappointed...
 
I'm a little fed up with Goozex, twice in the last two months I've had people not send the game or send the game two weeks late... I know this is not goozex's fault, but it is still annoying...
 
[quote name='brettsp']I'm a little fed up with Goozex, twice in the last two months I've had people not send the game or send the game two weeks late... I know this is not goozex's fault, but it is still annoying...[/quote]

LOL only twice? I've had more than my share of problems but still love using it. I guess it's because I don't rely on the site for new games, just games I haven't gotten around to picking up yet. Their customer service has had more than a few e-mails from me, but the situation almost always gets resolved within days.
 
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