Why are people so mad/shocked about price drop?

I think bananas were publicly over priced for awhile they were going at a much lower price in the background.

And yes I think they will definitely be in the $1000-$1500 range next season.

This industry acts a bit like a dwarf version of the global stock market. Any investment is a gamble because the values are always changing. We all hope for our investments to earn profit or break even, but a drop like that is hard to make up. So yes, investors are going to be rather miffed and I can't blame them. But them's the breaks.

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Originally Posted by Emilio

I think bananas were publicly over priced for awhile they were going at a much lower price in the background.

And yes I think they will definitely be in the $1000-$1500 range next season.

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Maybe for a pastel or another basic double gene banana. I think they will be around 700-1000 this Time next summer no doubt. I mean heck they have dropped 4k since march

This is going to happen over and over, so I don't really expect the whining to stop any time soon. :/

Since I know that these expensive morphs will most likely come down to affordable levels, it gives me time to focus on my other projects before adding new blood ;)

It's a different ball game on dominant and codom genes, because you pop a banana male into a female heavy collection and you'll have bananas hatching by the handfuls. This floods the market, and drops the price faster.

The last few new morphs have been recessive or the super form is where it's at. So it took longer to make hets or to make similar codom/dominant animals to make the super form.

Hence the sharper price drop.

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Banana's are ugly the peppering is a major turn off ( Just sayin):2cent:

I completely agree! When something new pops up, it's uncommon, maybe even rare, and exciting, everyone wants it, people are willing to pay the high prices, so those lucky breeders who produce them CAN charge more. But as they become more common, prices naturally drop. It's like that with everything. Personally... I'm not in the position, nor have the desire, to spend thousands of dollars on a snake. So I don't. There are some currently high priced morphs I'd love to have, but I'm patiently (or not so patiently! lol) waiting for their prices to drop. Some day I might suck it up and pay more money, but at that time my desires will have changed. Maybe I'll just wait until my snakes are breeding (if I decide to breed them) and trade for the higher priced morphs instead (if I can find a seller willing to make trades, or even partial trades). Who knows. But right now that's what they are priced at, that's what the breeders/sellers are able to price them at. If someone wants to change less, so be it, let them! Then the beginners like me can afford them! :D

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Originally Posted by zach_24_90

Maybe for a pastel or another basic double gene banana. I think they will be around 700-1000 this Time next summer no doubt. I mean heck they have dropped 4k since march

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Maybe I'll be able to get one sooner rather than later!!! :O :D

It is something I like. I'm not big on albino and some of the related morphs, but something about banana... mmmmm

Investing...it's not for the weak of heart...

My first lavender albino cost me $20,000 and by the time I bred him and produced lavender albinos the price had dropped to $5 - $6k. Sounds bad. Well, I produced 2.9 that year and did very well. Plus I produced a bunch of hets. Now it sounds good. And, the project has continued to produce babies for me for years after this. Now it sounds even better!

I bought a banana last year and I currently have eggs cooking. Would I like the price to be higher, sure. But I'll be fine. Plus, I bred it into several different projects that I look forward to down the line.

People need to think these things through a bit more but when people hear that spiders were once $20k or bananas were $30k they are shocked. It's human nature.