这些年有许多商品褪去原本功能性的标签，变成了炒作的对象。
Many commodities have been removed from their original functional labels over the years and have become objects of futility.
例如这两年比较流行的炒鞋，一双限量球鞋可以上架专门的交易网站，相比成本价最夸张的涨幅甚至超过9000%。
下图为来自某炒鞋专业网站stockx.com的数据：
The figure below is from stockx.com, a specialized shoe site:
又例如，最近被大家热议的炒盲盒。盲盒类似于日本的玩具扭蛋，盲盒中随机装着不同主题的人偶玩具，如果能够抽到稀有人偶，转手翻40倍也不是难事。
For example, it's a recently talked about blind box. It's like a Japanese toy wrinkle, and it's randomly filled with dolls with different themes, and it's not difficult to turn your hand 40 times if you can draw a rare doll.
这让人不禁感到好奇，从过去到现在有如此多被炒过的商品，为什么被炒的不是别的什么，而是它们？这些被炒作的商品有什么特点？
It's curious to know why so many items have been fired from the past to the present, not something else, but something else. What are the characteristics of these?
面馆君发现这些被炒作商品都具有六个共同的特性，分别是：“可以量化价格”、“提供流通性的平台”、“价格偏离价值”、“稀缺性”、“可以从中获取暴利”、“不是资产”。
has discovered six common characteristics of these sold goods: , , “quantifiable prices”, “platforms providing liquidity”, “price deviations from value”, “sugarability”, “the windfall profits from” and “not assets” , , .
（1）可量化的价格
(1) Quantifiable price
拿历史上最有名的“郁金香泡沫”举例，17世纪的荷兰，在郁金香泡沫最疯狂的时候，一朵品种稀有的郁金香花根可以和“4吨小麦”、“4头牛”、“12只羊”进行等价交换。
takes the most famous example of a “Tulip Foam” in history. In the Netherlands in the 17th century, when the Tulip Foam was the craziest, a rare type of tulip root could be exchanged for the equivalent of 4 tons of wheat, 4 cows, 12 sheep.
然而这种交易显然不能满足量化价格的需求，为了交易的方便，人们不仅要按照郁金香的单位（/根）为其定价，甚至还要把一颗郁金香虚拟的分成N等分，在专门的证券交易所为其每一份定价和买卖。
, however, clearly does not meet the demand for quantitative prices, and in order to facilitate the transaction, one must price not only the units (/roots) of tulips, but even a tulip with a virtual N equivalent, each of which is priced and sold at a specialized stock exchange.
1636年，郁金香在阿姆斯特丹上市，将郁金香拆分为细股和选择权发行交易。当价格被量化后，不仅交易更加公正和方便，还降低了交易的门槛，几十人甚至几百人共同投机一支郁金香花根茎。
In 1636, tulips were listed in Amsterdam, dividing tulips into thin shares and options. When prices are quantified, not only makes transactions more fair and convenient, but also lowers the transaction threshold, with dozens and even hundreds of people jointly speculating for a tulip root.
![tulips, Bitcoin, shoes, blind boxes -- what's the common denominator for anything that gets fired](http://k.sinaimg.cn/n/sinacn20108/113/w660h225/20190917/1c03-ietn:8070415.jpg/w7000d1q75cms.jpg?by=cms_fixed_width")
（2）提供流通性的平台
(2) Provides a mobile platform
提供流通性的平台是现在越来越多商品可以被炒作的根本原因。例如我们小时候吃干脆面收集的“水浒传卡片”，其实和现在盲盒一样都是商家稀缺性和随机性的把戏。但为什么当时“水浒卡”无法被炒作，而现在盲盒却可以呢？
"font" provides a mobile platform that is the root cause of the growing number of commodities that can now be smoked. For example, when we were young, we ate a simple-faced "water pass card", which is as scarce and random as the blind box is now. But why was the "water passerby card" not available at the time, and now the blind box is?
原因就是“水浒卡”缺乏能够提供流通性的平台。过去，我们在抽到稀有卡片时，最多只能跟身边的小伙伴交易。而盲盒只要登录网上平台就变成了大面积流通的产品，为炒作提供了流量基础。
The reason for is the lack of a platform that can provide mobility. In the past, when we drew rare cards, we only had to deal with the little partners around us. And the blind box simply logs on to the Internet and becomes a product in large circulation, providing a flow base for the production.
同理比特币也具有相同的特点，比特币交易平台提供了比特币在市场上流通的条件，使比特币的交易量能够支撑起炒作。
shares the same characteristics as Rbitcoin, and the Bitcoin trading platform provides the conditions for Bitcoin to circulate on the market so that Bitcoin's volume of transactions can support the campaign.
（3）价格偏离价值
(3) price deviation
对于一些疯狂热炒的商品而言，与其说价格偏离价值，不如说价格已经完全脱离了价值。例如限量球鞋，恐怕没有几个人买来是为了穿的吧？
"font" is not so much a devalued commodity as a completely devalued price. For example, a limited shoe, I'm afraid few people bought it to wear it?
对于这类商品，决定价格的不是商品能够提供的价值，而是稀缺性和未来获取利益的可能性。
For such commodities, the price is determined not by the value that the commodity can provide, but by its scarcity and the likelihood of future gains.
价格如果无法脱离价值则无法形成有规模的炒作。例如茅台酒，虽然价格有时也因供不应求被热炒，但其还是围绕着价值。
The price of cannot be made on a scale if it cannot be devalued. For example, the price of >, although it is sometimes hot for supply and demand, is still surrounded by value.
（4）稀缺性
(4) Scarcity
稀缺性是投机炒作区别于投资的最大特点，因为被炒作的商品之所以能够获得超过本身价值的价格，都是因为稀缺性导致的。
The scarcity of
郁金香的球茎形状越古怪价格就越高、比特币由于数量有限价格高、球鞋和盲盒中的佼佼者由于稀有而价格高等等。
The weirder the shape of the tulip, the higher the price of the bitcoin, the higher the price of the rare pair of shoes and blind boxes.
即使在股票市场，由于某些概念下的上市标的稀缺，因此该公司股票也会获得稀缺性的溢价。
even in the stock market, the company's stock will receive a scarce premium due to the scarcity of listings under certain concepts.
（5）可以从中获取暴利
(5) High profits can be obtained
无利不起早，如果炒作商品不能带来暴利，纯粹为了兴趣爱好，是不会有人干这种吃力不讨好的事情的。而作为投机的商品其风险和收益等级往往高于传统的投资产品。
is unhelpful, and no one will do anything like this if it's simply for hobbies. As speculative commodities, they tend to have higher levels of risk and return than traditional investment products.
（6）不是资产
(6) is not an asset
资产是在未来预期能够为投资者带来稳定收益的产品。虽然房子之前也被炒，但房产可以产生房租；虽然股票被炒，但股票可以分红。而作为纯炒作的商品而言，就仅仅只是商品而不具有资产的属性。
最后面馆君把几个典型的能“炒”的东西分别按上面6个属性做了衡量，他们有些最后成为了一场泡沫，有些还活跃在投机圈里，有些则已经成为经典的投资产品。
The last noodle shop guy measures a few typical things that can be "cooled" by the top six properties, some of which end up in a bubble, some active in speculation circles, and some of which have become classic investment products.
作者：基本面馆链接：https://xueqiu.com/8180476419/132873964来源：雪球著作权归作者所有。商业转载请联系作者获得授权，非商业转载请注明出处。
Author: Basic Café Links: https://xueqiu.com/8180476419/132873964 Source: Snowball copyright belongs to the author.
注册有任何问题请添加 微信：MVIP619 拉你进入群
打开微信扫一扫
添加客服
进入交流群
发表评论