(EDIT: Nope, I'm wrong) I'm worried about another video game crash

[Sentient_Nebula]

PieToast said:

Sentient_Nebula said:

PieToast said:

I can understand if someone brought up the idea that bad business trends might shift the market into something different for better or worse. But a crash that is equal to the 1983 crash is not possible.

Sure, these changes could happen without a crash, but I think that's unlikely. If the bad trends are profitable now, why should companies change them?

I also doubt we'll see a crash as large as the 1983 one. A 95% drop is insane. Regardless, I think a significant drop in revenue could occur. Even a 10% or 20% drop (within a short timespan) could be considered a crash.

Then why bring it up in the first place? You probably used the 1983 crash as a point of reference but there are more dynamics to take into consideration comparing a multibillion market with a multimillion dollar market.

You should adjust your tinfoil hat, good sir.

Edited for funzzies 

I'm using 1983 as a reference because the same key factors that caused it are starting to line up again, not because the crash would be of the same scope. Yes, you're right, that there are more factors involved that would make a crash as large very unlikely.

Also, The video game market was a technically multibillion market in 1983. A $7 billion one (when adjusted for inflation... $3 billion without).