Medellin Reports

[QUOTE=ColombiaLover;2704598]I don't agree that the puta market in Colombia is a free market, per se. I say that because of irrational decision made by parties, lack of complete information on competitive pricing, etc.

The market would work much better if gringos and chicas in many cases were not so stupid.

Even if one wants to make the case the puta market in Colombia is free, it most certainly is not efficient. It's like those finance folks who insist the stock markets are efficient.[/QUOTE]For at least taking a counterpoint that could be valid.

Finally, someone did.

[QUOTE=ColombiaLover;2704598]I don't agree that the puta market in Colombia is a free market, per se. I say that because of irrational decision made by parties, lack of complete information on competitive pricing, etc.

The market would work much better if gringos and chicas in many cases were not so stupid.

Even if one wants to make the case the puta market in Colombia is free, it most certainly is not efficient. It's like those finance folks who insist the stock markets are efficient.[/QUOTE]None of it makes a lot of sense without correct definitions of supply and demand. It's not merely numbers as some make it out to be, but numbers of those willing to pay within a certain price range for a product or service. There's loads of "demand" in the Centro strip clubs, hoards of it. But prices stay low because the locals will not and often cannot pay more. However throw a bunch of suckers in that market that are willing to pay five times the going rate then you'll eventually see prices jump. Though thankfully 90% or more of tourists are scared to go to Centro, and especially at night. Take markets where suckers feel comfortable, increase the numbers the same and voila, you will have price increases. Therefore it's just as you said, that assessing the "types" of consumers (stupid ones) is most relevant, and it's not just about sheer numbers.

The same can be said of the Medellin service providers / supply. Though often with the independents it's just lack of ambition. Some set an inflated price that gets them a minimal amount of work, one big sucker every week or two which carries them through to the next crisis at which time they start checking their messages again. If they wanted a lot of work they'd have to lower their price but that isn't on the table. So this is all more complicated than Osteoknot tries to make it. Human relations are always more complicated than simple math equations.

[QUOTE=JjBee62;2704575]Why get defensive about a woman who you haven't even talked to? She could be universally acclaimed by every man on the planet as the perfect, ideal woman, but if she's not fucking for less than $1 million USD then it doesn't really matter.

If you want to define your scale, pick a woman you've fucked, list her price, quality of service and attitude, assign her a rating and include a picture. That way others have something to go on. All of this "she won't talk to me" crap is a waste of time.[/QUOTE]It has nothing to do with the girl I posted. I could post a different girl and get the same comments. I am amazed how guys would assign low rating to a girl just because she is not their type without any explanation. It is like pointing at a red ferrari and saying the car is yellow, when in fact, it is fucking red, but the guy pointing at it is colorblind. And and it would be great if guys who assign low ratings post their own 9's and 10's.

[QUOTE=JjBee62;2704532]He actually has a point. I've heard similar sentiments from several expat business owners in Medellin. Buildings will sit vacant for years because the owner won't budge of the price he wants.

Even my friend with the escort agency. I've tried to explain that it's better to drop prices to be competitive, than to have only a few customers. Run specials, offer first timer discounts, do something to get the phone ringing. Nope.

Individually, if you're dealing directly with the girl, if you handle it correctly, you can get the price dropped. However, dealing with girls who use a manager, like many of the Instagram girls, they are willing to sit indefinitely waiting for that payday.[/QUOTE]That same old and unbelievably common pitfall of supporting the argument you are challenging.

The Law of Supply and Demand doesn't force anyone to to do anything. You can pay what you want and you can set your price at whatever you want. The Law of Supply & Demand sets the equilibrium price point and determines the response to prices above and below that point. I sketched the graph for this but the fucking auto-editor on this site ruined my labeling points, so fuck that.

In both your examples, the seller made the opposite response needed to restore their price to be in equilibrium with demand. That results in further reduction of demand, as you noted in your example of vacant buildings. I gave my own example of the exact same thing here the other day off topic when I wrote that Pumpkin will turn down three offers of 30 for one offer of 40. We were all describing behaviors and not results.

None of this amounts to a hill of beans in the real world, not because it's wrong, but because the invisible force of the Law of Supply & Demand will determine fair market value (FMV) no matter what we say or do.

My main point is, I don't like to see people chastised for doing something "wrong" when they pay above or below FMV and "ruining" it for others, when there is absolutely no relationship between payment and price. And I got you and Mr. E to be on the same side of an argument. My work here is done! Ostee Out!

I don't know how you rate girls. I know what a 10 is. After thinking about it, I think I know what a 5 is. Anything below 5 is either below average in look, or I don't want to fuck. From this viewpoint, the girl posted by MB1 is above 5 to me which is not far from 7, LOL.

I think MB1 probably has good stuff he is keeping for himself. LOL. Because he always posted girls form elsewhere to try to distract us but he keeps coming back to Medellin.

[QUOTE=Osteoknot;2704523]...

The most common pitfall of not understanding the Law of Supply & Demand is thinking that payment determines price...[/QUOTE]Do you deal with FB girls or girls from social media? What you say can apply to brothels in Japan or 141 in HK. But it is not obvious that it applies to FB girls. They don't operate like a business.

Think about it, a hot girl can make more money by working harder with a reasonable price to have more customers per day. She can buy an apartment within a year, the next apartment will take less time because the added income from the 1st apartment. She can retire comfortably within a few years.

If they are smart enough, they can even form a corporation and pool the money together to buy real estates.

[QUOTE=Nounce;2704659]Do you deal with FB girls or girls from social media? What you say can apply to brothels in Japan or 141 in HK. But it is not obvious that it applies to FB girls. They don't operate like a business.

Think about it, a hot girl can make more money by working harder with a reasonable price to have more customers per day. She can buy an apartment within a year, the next apartment will take less time because the added income from the 1st apartment. She can retire comfortably within a few years.

If they are smart enough, they can even form a corporation and pool the money together to buy real estates.[/QUOTE]I don't know enough about FB or the other markets you mentioned to include or exclude them. The Law of Supply and Demand applies to open, free markets. As Colombia Lover mentioned, whether or not these puta markets are truly free is a debatable point.

I was looking at it as the total supply of putas to all the markets in Colombia and any given time, but there are micro-markets that could be exceptions. I don't know enough about them all to know which ones, if any, to exclude. You could argue that the Gringo market itself is a micro-market at Ground Zero, although I believe the numbers to be sufficient for the Law of Supply & Demand to apply.

I am off to Guatape! Chao.

[QUOTE=Metatemujin;2704520]So I have been reading the forum. Thanks for all the great input. I am about to land in Medellin and will definitely write a thorough field report when I am done. I have a good number of contacts on FB, but I have also tried my hand at tinder and bumble. I am have 40+ matches of girls I find attractive on tinder and around 10 on bumble. Anyone has experience on how many of them are a scam? What can I do to minimize potential harm on first meet? How many of these matches are looking for compensation and how many are just regular tinder girls? I am in my mid 30's and probably a 6 out of 10 on the attractive scale and on the smaller side.

I was thinking of meeting for drinks at a public place and getting a feel for the girls then and if they pass the "vibe check" I would invite them back to my hotel (would start at hotel first for safety). I will be in Medellin for one month.[/QUOTE]If you want to know if she's regular chick or a working girl just straight up ask them, I never had 1 get offended.

[QUOTE=ColombiaLover;2704598]I don't agree that the puta market in Colombia is a free market, per se. I say that because of irrational decision made by parties, lack of complete information on competitive pricing, etc.

The market would work much better if gringos and chicas in many cases were not so stupid.

Even if one wants to make the case the puta market in Colombia is free, it most certainly is not efficient. It's like those finance folks who insist the stock markets are efficient.[/QUOTE]I don't know what is meant by a free market, but seems as though at least in the street scene in Medellin to be a complete free for all on pricing if that is what a free market means.

Such disparity at times with the street Putas quoting off the wall prices to gringos, and at other times quoting the locals "rack rate".

And when I get an inflated gringo price, and the Venezuelans seem to be much more adept at this, I sometimes laugh at them, and inform them that the Colombians don't ask for that much, and ask why they cost more, and usually get a dumb look from them or a smile, but I am always civil and polite with them, but won't go with them as it's a red flag for me, albeit lots of gringo newbies don't know any different, and with the prices being so low compared to the other venues they frequented, this promulgates more Putas to quote inflated prices. But I can't blame them though one bit for trying as it is a business for them.

[QUOTE=Surfer500;2704761]I don't know what is meant by a free market, but seems as though at least in the street scene in Medellin to be a complete free for all on pricing if that is what a free market means.
[/QUOTE]Free market means an economic system based on supply and demand where the Government plays no role in setting price or conditions.

I don't doubt that it's happened. I don't think it is a frequent occurrence but I wouldn't bet against it ever having happened.

[QUOTE=JjBee62;2704266]Nobody is paying 200 k or 400 k in Botero Plaza. At least I would hope not. Those are rates being paid for Facebook girls, Escorts, or other girls who come to you. They aren't having any effect on the guys pulling street girls in El Centro.

I used to walk around the area at night, until 10 or 10:30. Then one night I saw 2 young guys beating and robbing an old guy and watched all the other people disappear. After that I stopped walking around that late and usually left the area around 8:30.

Congrats on the BJ though.[/QUOTE]

[QUOTE=MiamiBoy1;2704630]I am amazed how guys would assign low rating to a girl just because she is not their type without any explanation.[/QUOTE]So you did not give an explanation why she is a 9, but you are amazed how the guys that rated her lower did not give an explanation.

The indisputable explanation is guys think the girl is whatever number they think she is. The numbers are meaningless, and so are the never ending discussions about them. P.S. I think I might have seen what some guys would call a 7, 8, or 9, or maybe a 5 in the Tesoro Mall a while back. So what?

[QUOTE=MrEnternational;2704790]So you did not give an explanation why she is a 9, but you are amazed how the guys that rated her lower did not give an explanation.[/QUOTE]

[QUOTE=Osteoknot;2704137]There have been two examples already posted here where one guy's 10 is another guy's 3+. Using random girls and random guys of different ages, you would never get that result. Guys who rely on rating systems project and subconsciously seek out other guys with similar tastes, and that is why using numbers works for that group.

Also predicting the supermodel to be the dud is unreliable. There is no relationship between looks and sexual performance. Correlation coefficient of zero, completely random.[/QUOTE]To quote myself: "we'd all disagree".

In my personal experience, the woman who is told all the time she is amazing doesn't put in a major effort in bed because why would she when there are 30 drooling men behind the guy she is servicing while the woman who is not told that but still needs to eat and pay bills has no problems putting in extra effort to please the guy.

Obviously this isn't every case but it is more true than not. At least for me.

That is why I will take two enthusiastic 7's over one 10 who could easily be on a magazine cover or a reggaeton video. But who only accepts twice the price of the 7's.

[QUOTE=Osteoknot;2704717]You could argue that the Gringo market itself is a micro-market at Ground Zero, although I believe the numbers to be sufficient for the Law of Supply & Demand to apply.
.[/QUOTE]There is a micro-market for Gringos in Centro which might sound odd to some, but it does exist, albeit it may be totally different than what your talking about.

There are girls in Centro, the more astute ones, whom I call "Gringo Hunters" who look specifically look for Gringos because they typically pay more.

As far as supply and demand, I'm not sure if this would apply in this situation.