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Nintendo Switch Neon - £299 @ Amazon
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Nintendo Switch Neon - £299 @ Amazon

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Posted 9th Apr

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Money grabbing amazon.
Already posted
Above retail, not in stock and already posted
I messaged a guy on fb marketplace selling multiple switches for £450. He'd been scalping them from locals and driving the price up. Bizarrely he didn't see anything wrong with it! And actually got rather aggressive with me.

Selling your personal switch is one thing, but depriving the market of switches at reasonable prices and inflating them is another. At least Amazon just went for £20, they've could've easily gotten away with 340 or so.
Even amazon jacking up the price.
zeb.mattey09/04/2020 23:02

I messaged a guy on fb marketplace selling multiple switches for £450. …I messaged a guy on fb marketplace selling multiple switches for £450. He'd been scalping them from locals and driving the price up. Bizarrely he didn't see anything wrong with it! And actually got rather aggressive with me.Selling your personal switch is one thing, but depriving the market of switches at reasonable prices and inflating them is another. At least Amazon just went for £20, they've could've easily gotten away with 340 or so.


That's the nature of capitalism isn't it? Don't really see any difference in an individual doing it Vs a company adding a mark up to products. I have more problem with Starbucks and apple than people like him
Huh? Is there a shortage or something?
Getting a free one in couple of weeks. Market will be flooded with Virgin Media Switch.
TheOak09/04/2020 23:06

That's the nature of capitalism isn't it? Don't really see any difference …That's the nature of capitalism isn't it? Don't really see any difference in an individual doing it Vs a company adding a mark up to products. I have more problem with Starbucks and apple than people like him


No, that's not the nature of capitalism, what is your definition of capitalism? Scalping is illegal for good reason. I could program a bot to buy as many guns n roses tickets as it can to a concert, maybe I get say 50 (before protection measures were put it). I then resell the tickets at double.

I've provided no service. No product. No value. It's purely parasitic behaviour. It's not got anything to do with capitalism or business, it's an attempt to exploit the economy and is combated via law and digital measures wherever possible. This is completely different to supply and demand, you might be confusing the two?
zeb.mattey09/04/2020 23:11

No, that's not the nature of capitalism, what is your definition of …No, that's not the nature of capitalism, what is your definition of capitalism? Scalping is illegal for good reason. I could program a bot to buy as many guns n roses tickets as it can to a concert, maybe I get say 50 (before protection measures were put it). I then resell the tickets at double. I've provided no service. No product. No value. It's purely parasitic behaviour. It's not got anything to do with capitalism or business, it's an attempt to exploit the economy and is combated via law and digital measures wherever possible. This is completely different to supply and demand, you might be confusing the two?


What on earth makes you think scalping is illegal?! You really think you can't buy something and sell it on for profit? I'm aware in tickets there is a specific law about scalping with bots but that law only relates to the use of bots not to the reselling of tickets themselves.
Probably a stupid question is this the new model with the improved battery ?
zeb.mattey09/04/2020 23:11

No, that's not the nature of capitalism, what is your definition of …No, that's not the nature of capitalism, what is your definition of capitalism? Scalping is illegal for good reason. I could program a bot to buy as many guns n roses tickets as it can to a concert, maybe I get say 50 (before protection measures were put it). I then resell the tickets at double. I've provided no service. No product. No value. It's purely parasitic behaviour. It's not got anything to do with capitalism or business, it's an attempt to exploit the economy and is combated via law and digital measures wherever possible. This is completely different to supply and demand, you might be confusing the two?


Is buying shares and selling them for profit, parasitic? There's no more value added there.

It is very much NOT different to supply and demand, in fact it is the very definition of it.
TheOak09/04/2020 23:14

What on earth makes you think scalping is illegal?! You really think you …What on earth makes you think scalping is illegal?! You really think you can't buy something and sell it on for profit? I'm aware in tickets there is a specific law about scalping with bots but that law only relates to the use of bots not to the reselling of tickets themselves.


Indeed, there are laws relating to bots and companies spend millions every year to face them off.
It's illegal wherever possible. We're not talking about resale, as I suspected you're mistaking supply and demand and basic business practices with something far more insidious; buying every available product, so consumers have no option but to buy at the inflated price. This is wherever possible, illegal. As you say it's impossible to make illegal in general, but I think it's completely obvious in principle that such practices offer only economic burdens.

If you think it's supply and demand, sit back, think for a couple of minutes. It's not hard to disentangle the two, nor to understand why laws and countermeasures are in place.

And yes, buying and selling shares in the short term is parasitic. The benefits of the stock market (economically) are best seen when long term investment is employed via the stock market. There's been laws barring types of short selling since the 1930s for this exact reason, people attempt to exploit the market. Interesting that you brought up basically an identical example of economic exploitation which has been legistlated against, but there it is.
Edited by: "zeb.mattey" 9th Apr
zeb.mattey09/04/2020 23:17

Indeed, there are laws relating to bots and companies spend millions every …Indeed, there are laws relating to bots and companies spend millions every year to face them off.It's illegal wherever possible. We're not talking about resale, as I suspected you're mistaking supply and demand and basic business practices with something far more insidious; buying every available product, so consumers have no option but to buy at the inflated price. This is wherever possible, illegal. As you say it's impossible to make illegal in general, but I think it's completely obvious in principle that such practices offer only economic burdens.If you think it's supply and demand, sit back, think for a couple of minutes. It's not hard to disentangle the two, nor to understand why laws and countermeasures are in place.And yes, buying and selling shares in the short term is parasitic. The benefits of the stock market (economically) are best seen when long term investment is employed via the stock market. There's been laws barring types of short selling since the 1930s for this exact reason, people attempt to exploit the market. Interesting that you brought up basically an identical example of economic exploitation which has been legistlated against, but there it is.


So you are simultaneously saying it's "illegal" whilst also saying it's impossible to make it illegal? If not, please show me any laws that state scalping is illegal? We live in a open market and that man has seen an underpriced asset and brought it up to fair market value - it it the essence of capitalism and supply and demand. There are numerous business practices which amount to the same thing or worse.
Edited by: "TheOak" 9th Apr
TheOak09/04/2020 23:20

So you are simultaneously saying it's "illegal" whilst also saying it's …So you are simultaneously saying it's "illegal" whilst also saying it's impossible to make it illegal? I not, please show me any laws that state scalping is illegal? We live in a open market and that man has seen an underpriced asset and brought it up to fair market value - it it the essence of capitalism and supply and demand. There are numerous business practices which amount to the same thing or worse.


You're not reading into the nuances of the debate.

As you wish.

'Tickets Sales Act of 2016, more commonly referred to as the BOTS act.The legislation was signed into law in December 2016 by then President Barack Obama. The BOTS act enforces several penalties and fines for parties found guilty of using bots or other technology for undermining online ticket seller systems with the hopes of selling them on the secondary ticket market.'

There's much more, but I think that pretty much ends the debate.

You're not understanding it. We're not talking about buying and reselling products. It's fairly simple,. just think for a few moments what would happen to a market if powerful financial entities bought popular products/services out of stock and resold at a margin while offering no additional service. Think...

This isn't a simple problem. Economics isn't simple. You're attempting to distill ideas down to KS3 levels of comprehension, it's not, you have to think about market forces and the financial power individual entities have to abuse a market.
Edited by: "zeb.mattey" 9th Apr
Ooh I like a good debate 👌
zeb.mattey09/04/2020 23:24

You're not reading into the nuances of the debate.As you wish.'Tickets …You're not reading into the nuances of the debate.As you wish.'Tickets Sales Act of 2016, more commonly referred to as the BOTS act.The legislation was signed into law in December 2016 by then President Barack Obama. The BOTS act enforces several penalties and fines for parties found guilty of using bots or other technology for undermining online ticket seller systems with the hopes of selling them on the secondary ticket market.'There's much more, but I think that pretty much ends the debate.You're not understanding it. We're not talking about buying and reselling products. It's fairly simple,. just think for a few moments what would happen to a market if powerful financial entities bought popular products/services out of stock and resold at a margin while offering no additional service. Think...This isn't a simple problem. Economics isn't simple. You're attempting to distill ideas down to KS3 levels of comprehension, it's not, you have to think about market forces and the financial power individual entities have to abuse a market.


Your example is about bots? You said scalping is illegal, scalping is not illegal unless you can actually provide any evidence at all to the contrary? Are you implying this man is using bots to buy people's Nintendo's switches and if not what is the relevance of a law about using computer software to gain an advantage over other people to buy tickets got to do with buying Nintendo consoles off people in your area?
Edited by: "TheOak" 9th Apr
TheOak09/04/2020 23:20

So you are simultaneously saying it's "illegal" whilst also saying it's …So you are simultaneously saying it's "illegal" whilst also saying it's impossible to make it illegal? If not, please show me any laws that state scalping is illegal? We live in a open market and that man has seen an underpriced asset and brought it up to fair market value - it it the essence of capitalism and supply and demand. There are numerous business practices which amount to the same thing or worse.


It is not as if a Nintendo switch is an essential medical device, or face masks, or antibacterial hand wash....scalping of Nintendo switches illegal, even if your not having a laugh, I am reading your crazy comments 👆👆👆🤡🤡🤡👆👆👆
zeb.mattey09/04/2020 23:24

You're not reading into the nuances of the debate.As you wish.'Tickets …You're not reading into the nuances of the debate.As you wish.'Tickets Sales Act of 2016, more commonly referred to as the BOTS act.The legislation was signed into law in December 2016 by then President Barack Obama. The BOTS act enforces several penalties and fines for parties found guilty of using bots or other technology for undermining online ticket seller systems with the hopes of selling them on the secondary ticket market.'There's much more, but I think that pretty much ends the debate.You're not understanding it. We're not talking about buying and reselling products. It's fairly simple,. just think for a few moments what would happen to a market if powerful financial entities bought popular products/services out of stock and resold at a margin while offering no additional service. Think...This isn't a simple problem. Economics isn't simple. You're attempting to distill ideas down to KS3 levels of comprehension, it's not, you have to think about market forces and the financial power individual entities have to abuse a market.


What would happen? They would go bankrupt. The initial maker of the product would create more to deal with the increase in demand, with the obvious ability to undercut the idiots that just bought all of their original stock.
Just.Wondering09/04/2020 23:27

It is not as if a Nintendo switch is an essential medical device, or face …It is not as if a Nintendo switch is an essential medical device, or face masks, or antibacterial hand wash....scalping of Nintendo switches illegal, even if your not having a laugh, I am reading your crazy comments 👆👆👆🤡🤡🤡👆👆👆


Presume you meant to quote the resident legal expert here, not me.
zeb.mattey09/04/2020 23:17

Indeed, there are laws relating to bots and companies spend millions every …Indeed, there are laws relating to bots and companies spend millions every year to face them off.It's illegal wherever possible. We're not talking about resale, as I suspected you're mistaking supply and demand and basic business practices with something far more insidious; buying every available product, so consumers have no option but to buy at the inflated price. This is wherever possible, illegal. As you say it's impossible to make illegal in general, but I think it's completely obvious in principle that such practices offer only economic burdens.If you think it's supply and demand, sit back, think for a couple of minutes. It's not hard to disentangle the two, nor to understand why laws and countermeasures are in place.And yes, buying and selling shares in the short term is parasitic. The benefits of the stock market (economically) are best seen when long term investment is employed via the stock market. There's been laws barring types of short selling since the 1930s for this exact reason, people attempt to exploit the market. Interesting that you brought up basically an identical example of economic exploitation which has been legistlated against, but there it is.


Just seen you've added to this previous comment, mentioning the barring of short selling, to my knowledge there is no such barring in the UK except in emergency situations unless perhaps you mean naked shorting which has no logical comparison to a physical good like a Nintendo switch and more importantly still has nothing to do with scalping(?)

Scalping is perfectly legitimate trading method and I can't see a moral difference in holding a share for 5 minutes or 5 years, at what point in time in your eyes does it become acceptable to sell a share, and why?
bittersweet09/04/2020 23:24

Ooh I like a good debate 👌


I hope lots of people join in so it’s a mass debate.
migavupe09/04/2020 23:45

I hope lots of people join in so it’s a mass debate.


If we go more into the numbers we can have a quick maths debate too
TheOak09/04/2020 23:48

If we go more into the numbers we can have a quick maths debate too


We have three switch console in the house, thinking of retiring off of them.
migavupe09/04/2020 23:49

We have three switch console in the house, thinking of retiring off of …We have three switch console in the house, thinking of retiring off of them.


You'd buy a new house with thay type of money
zeb.mattey09/04/2020 23:24

You're not reading into the nuances of the debate.As you wish.'Tickets …You're not reading into the nuances of the debate.As you wish.'Tickets Sales Act of 2016, more commonly referred to as the BOTS act.The legislation was signed into law in December 2016 by then President Barack Obama. The BOTS act enforces several penalties and fines for parties found guilty of using bots or other technology for undermining online ticket seller systems with the hopes of selling them on the secondary ticket market.'There's much more, but I think that pretty much ends the debate.You're not understanding it. We're not talking about buying and reselling products. It's fairly simple,. just think for a few moments what would happen to a market if powerful financial entities bought popular products/services out of stock and resold at a margin while offering no additional service. Think...This isn't a simple problem. Economics isn't simple. You're attempting to distill ideas down to KS3 levels of comprehension, it's not, you have to think about market forces and the financial power individual entities have to abuse a market.


FGS calm down Zeb matey. This is a Nintendo deal not bluddy newsnight
And people were bashing my deal with Mario Kart for £330.99, welcome to post corona world!

Amazon trying to set new rrp.
hotukdeals.com/dea…e=2
zeb.mattey09/04/2020 23:24

You're not reading into the nuances of the debate.As you wish.'Tickets …You're not reading into the nuances of the debate.As you wish.'Tickets Sales Act of 2016, more commonly referred to as the BOTS act.The legislation was signed into law in December 2016 by then President Barack Obama. The BOTS act enforces several penalties and fines for parties found guilty of using bots or other technology for undermining online ticket seller systems with the hopes of selling them on the secondary ticket market.'There's much more, but I think that pretty much ends the debate.You're not understanding it. We're not talking about buying and reselling products. It's fairly simple,. just think for a few moments what would happen to a market if powerful financial entities bought popular products/services out of stock and resold at a margin while offering no additional service. Think...This isn't a simple problem. Economics isn't simple. You're attempting to distill ideas down to KS3 levels of comprehension, it's not, you have to think about market forces and the financial power individual entities have to abuse a market.


Agree with everything you say. Shows a lack of morality to buy things up in a shortage so as to deprive someone else of having it unless they pay your inflated price. It’s a shame companies aren’t more adept at stopping it. Doesn’t feel like it should be that difficult, who would buy more than 2 switches? If they’ve ordered 10 you’d cancel the order.
floz10/04/2020 00:34

Agree with everything you say. Shows a lack of morality to buy things up …Agree with everything you say. Shows a lack of morality to buy things up in a shortage so as to deprive someone else of having it unless they pay your inflated price. It’s a shame companies aren’t more adept at stopping it. Doesn’t feel like it should be that difficult, who would buy more than 2 switches? If they’ve ordered 10 you’d cancel the order.


The companies are more guilty than anyone! Look at game selling a PS4 Pro with Fifa 20 for £450.
TheOak10/04/2020 00:43

The companies are more guilty than anyone! Look at game selling a PS4 Pro …The companies are more guilty than anyone! Look at game selling a PS4 Pro with Fifa 20 for £450.


That says sold and fulfilled by riseicon limited. So not a direct game sale.
floz10/04/2020 00:34

Agree with everything you say. Shows a lack of morality to buy things up …Agree with everything you say. Shows a lack of morality to buy things up in a shortage so as to deprive someone else of having it unless they pay your inflated price. It’s a shame companies aren’t more adept at stopping it. Doesn’t feel like it should be that difficult, who would buy more than 2 switches? If they’ve ordered 10 you’d cancel the order.


Ten is someone buying to sell, two maybe a little short. As I said previously we have 3, you only need a gaming parent and a couple of kids and the console soon start to stack up.
MM08709/04/2020 23:15

Probably a stupid question is this the new model with the improved battery …Probably a stupid question is this the new model with the improved battery ?


It is, yeah. Just had a quick look at the details on Amazon.
Edited by: "scottriley" 10th Apr
migavupe10/04/2020 01:39

Ten is someone buying to sell, two maybe a little short. As I said …Ten is someone buying to sell, two maybe a little short. As I said previously we have 3, you only need a gaming parent and a couple of kids and the console soon start to stack up.


I’m a gaming parent with 3 kids. We’ve got a PS4 and a switch. But in fairness, 2 kids aren’t interested. Not sure I’d buy 3 switches though, they can share at this price!
TheOak10/04/2020 00:43

The companies are more guilty than anyone! Look at game selling a PS4 Pro …The companies are more guilty than anyone! Look at game selling a PS4 Pro with Fifa 20 for £450.


Lol that's not fulfilled by game, they're selling PS4s at the same price they always have....Only takes a quick look to figure out....

You said there are no laws against scalping, there are, I linked one. Scalping en masse is illegal wherever possible, I'm not sure you're understanding the abstract concept or why it's harmful. I can't be bothered to explain, but the fact it's illegal to use bots to clear out stock should be evidence enough to you that scalping en masse is an undesriable thing.

You said there is no regulation of the stock market, it is heavily regulated, and one of the hardest things to regulate. I really don't know how someone could think the stock market and short selling isn't regulated in almost every 1st world country, blimey...Start by reading about naked short selling, perhaps, if you want to learn more.

I'm not sure if you've made any statements that are correct at this point...I believe you take the meaning of the phrase free market far too literally.
Edited by: "zeb.mattey" 10th Apr
Just to let people know with regards to dispatch dates. I ordered yesterday with an original delivery date of 1st May but had an email today to say it’s arriving next Saturday now.
zeb.mattey10/04/2020 11:56

Lol that's not fulfilled by game, they're selling PS4s at the same price …Lol that's not fulfilled by game, they're selling PS4s at the same price they always have....Only takes a quick look to figure out....You said there are no laws against scalping, there are, I linked one. Scalping en masse is illegal wherever possible, I'm not sure you're understanding the abstract concept or why it's harmful. I can't be bothered to explain, but the fact it's illegal to use bots to clear out stock should be evidence enough to you that scalping en masse is an undesriable thing.You said there is no regulation of the stock market, it is heavily regulated, and one of the hardest things to regulate. I really don't know how someone could think the stock market and short selling isn't regulated in almost every 1st world country, blimey...Start by reading about naked short selling, perhaps, if you want to learn more.I'm not sure if you've made any statements that are correct at this point...I believe you take the meaning of the phrase free market far too literally.


I understand the stock market very well given I trade in it frequently and my degree is in economics, I think I'm as well placed as any here to discuss this and I suspect far more knowledgeable on the subject than you are. You are sounding desperate when you start misquoting me saying that I've said the stock market is not regulated, all I said is short selling is not banned in the UK. You also keep mentioning naked shorting, please tell me how that relates to scalping?

Ive said it a few times now that scalping is not illegal and despite constantly saying you have found laws against it, you haven't provided a single one. The ticketing law specifically relates to using bots to gain an advantage over other buyers, there is nothing in the law about scalping itself - tell me is it illegal to buy multiple tickets yourself (without using a bot) and selling them on for profit? Is this scalping too or in your mind is it only scalping if a bot is used?

You keep going off on tangents to distract from the fact youve lost this argument and the fact you reiterated statement that "scalping is illegal" numerous times whilst I suspect even you have now realised it isn't, no doubt after hours of naive googling in desperation.

If you could explain how naked shorting shares or using bots to buy tickets is in anyway relatable to buying Nintendo switches and selling them on for profit, then I'm happy to continue this farcical conversation.
TheOak10/04/2020 16:42

I understand the stock market very well given I trade in it frequently and …I understand the stock market very well given I trade in it frequently and my degree is in economics, I think I'm as well placed as any here to discuss this and I suspect far more knowledgeable on the subject than you are. You are sounding desperate when you start misquoting me saying that I've said the stock market is not regulated, all I said is short selling is not banned in the UK. You also keep mentioning naked shorting, please tell me how that relates to scalping?Ive said it a few times now that scalping is not illegal and despite constantly saying you have found laws against it, you haven't provided a single one. The ticketing law specifically relates to using bots to gain an advantage over other buyers, there is nothing in the law about scalping itself - tell me is it illegal to buy multiple tickets yourself (without using a bot) and selling them on for profit? Is this scalping too or in your mind is it only scalping if a bot is used?You keep going off on tangents to distract from the fact youve lost this argument and the fact you reiterated statement that "scalping is illegal" numerous times whilst I suspect even you have now realised it isn't, no doubt after hours of naive googling in desperation.If you could explain how naked shorting shares or using bots to buy tickets is in anyway relatable to buying Nintendo switches and selling them on for profit, then I'm happy to continue this farcical conversation.


Scalping in general is discouraged, and wherever possible illegal. Regulating the resale of goods by a single individual is simply too difficult, tracking a scalping bot however is doable, thus it is illegal and punished wherever possible. There are plenty of cases where it is prevented via the vendor, e.g. Glastonbury festival.

Scalping is not supply and demand.

Small scale scalping is obviously legal, because it's pointless to regulate minor events that have no economic impact, especially as in most cases the goods are readily available (good luck scalping an iphone...) but this is not the issue at hand. We're talking about buying up every product on the market and reselling said product at a heightened price. We all know the dangers of this economically and to the individual. Here's a decent article on the topic of government action on resale services.
theguardian.com/mon…all

I brought up stocks because it's quite obvious that buying and selling stocks short term is parasitic, economically. These individuals provide no value to society yet skim off money, in essence, they take value. You seemed to by implying stock trading is not regulated, when it is heavily regulated. I used the example of the uptick rule, which most people who've got a bare bones understanding of stocks are aware of, as an example of regulation. Short selling is regulated, in other words, in contrary to what you're saying, and has been since the 1930s. I never said short selling was barred, I'd recommend rereading my comment, TYPES of short selling, I presumed you'd be familiar with the uptick rule, my mistake.

I'm glad you've got a degree in economics.
Edited by: "zeb.mattey" 10th Apr
zeb.mattey10/04/2020 16:47

Scalping in general is discouraged, and wherever possible illegal. …Scalping in general is discouraged, and wherever possible illegal. Regulating the resale of goods by a single individual is simply too difficult, tracking a scalping bot however is doable, thus it is illegal and punished wherever possible. There are plenty of cases where it is prevented via the vendor, e.g. Glastonbury festival. Scalping is not supply and demand.Small scale scalping is obviously legal, because it's pointless to regulate minor events that have no economic impact, especially as in most cases the goods are readily available (good luck scalping an iphone...) but this is not the issue at hand. We're talking about buying up every product on the market and reselling said product at a heightened price. We all know the dangers of this economically and to the individual. Here's a decent article on the topic of government action on resale services.https://www.theguardian.com/money/2018/may/25/secondary-ticketing-how-it-works-law-pitfalls-and-future-concert-footballI brought up stocks because it's quite obvious that buying and selling stocks short term is parasitic, economically. These individuals provide no value to society yet skim off money, in essence, they take value. You seemed to by implying stock trading is not regulated, when it is heavily regulated. I used the example of the uptick rule, which most people who've got a bare bones understanding of stocks are aware of, as an example of regulation. Short selling is regulated, in other words, in contrary to what you're saying, and has been since the 1930s. I never said short selling was barred, I'd recommend rereading my comment, TYPES of short selling, I presumed you'd be familiar with the uptick rule, my mistake.I'm glad you've got a degree in economics.


Well no, "we" weren't actually talking about that, we were talking about a single man buying up on the price Nintendo switches in his local area, your initial response to that was that it was illegal, it's you thats attempted to distract and make it more of a macro conversation.

Thank you for another irrelevant comment and article.

Since you ignore so many questions I ask, i'll leave you with just one that ive asked you about 5 times now - provide me with a single UK law that says scalping is illegal?
Got a dispatch email from Amazon today for delivery tomorrow.
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