In a flipping scenario, the "idiot" (your word) changes depending upon your perspective. Is the idiot the manufacturer who has their knives priced below what the market will bear? If a flipper can sell a knife one week after its release for double the original price, shouldn't the manufacturer think about raising their price? What about the retail seller? Same questions. Aren't they the "idiot" because they sell a limited edition knife for $155 to public consumers when they could get a lot more? Then there are the flippers, buying multiples of the same knives only to turn around and charge significantly over the price they purchased the knives at. Idiotic behavior? Finally, there is the secondary market buyer who buys one from the flipper. Do you think maybe the flipper thinks his buyer is an idiot for paying such an exorbitant price? I guess I am saying that I understand your point, but respectfully feel you are grasping at straws here.
I know that there are many issues that are difficult to resolve with flippers--what exactly constitutes flipping? An objective definition requires more than some vague inclusion of timing, price, how many knives are involved, who is selling, etc. It's tough stuff and not easy to define. I do not pretend to have the answer. Nevertheless, ignoring problems because their solution, if one exists, is difficult is taking the easy road. Closing one's eyes to something or looking the other direction does not make it go away. The notion that obvious flippers will simply go elsewhere, which some have stated, does not mean that they should be allowed here.