Yomo_Kimyata
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Posts
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Joined
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I get most of my market pleasure from the SELL IT NAO crowd.
There is something to be said about buying crafted enhancements at half the price of the recipes... -
So far, my greatest pleasure is getting random tells from people who recognize the SG and/or my character name and they tell me how awesome they think this project is.
(tears up a little inside)
So, back to making Chaos Theorems unbuyable! -
Quote:The Amortizables?Originally Posted by Fulmens
The Depreciables! -
Quote:I'm happy to help out anytime, especially with TFs. This guy is only lvl 16 but he's turning into a real badge (what's that word, rhymes with "score", can't think of it right now).Originally Posted by Organica
I have a question. Since Virtue is my home server, and I'm doing stuff every night there, is there any interest in anyone actually earning experience/tickets/merits with their Crazy 88's toons, or are people mostly into marketing their way to fame, fortune, and influence destruction?
If I decide to run an AE mission for tickets, or I'm running a task force or Ouro arc, is it worth my time to ask if anyone is interested in joining? -
Grav/Storm is great fun, and unrelentless chaos. I've never tried Illusion/Storm, but I find that Fire/Storm also has to be considered to be one of the more chaotic sets as well.
I read somewhere on this forum a great trick with LS. Jump and cast it at the apogee of your leap and it will blast things straight down into the ground. I wish I remembered who told me tht so I could give them creidt. -
Quote:Telegraphing our motives? Scaring groups on a meaningless list to do exactly what we are doing?Originally Posted by Frogfather
"Advance Warning??!!??" Who would do such a thing...? Thats almost ebil.
Hopefully that means they start churning their own inf onto the pile, only making us stronger in the process.
I actually figured when this whole thing started we wouldnt quite be able to do it....but with enough people actively marketeering it is quite possible it seems. We've burnt 38 Billion give or take....good gawd
That sounds, what's the word? Not "feeble" but something that sounds like that. It'll come to me.
I think getting into the top 10 will be a real slog, but doable in the near future. Carving out that top spot will be tough! But stoke up the bonfires, we've got inf to burn! -
Hahaha, you win!!! You are better and smarter than everyone on the interwebz! (There is even no such thing as the Interwebz! It is a hybrid form of the Internet and the World Wide Web and a crazy Z for fun!).
Oops, rather you are better and smarter than I am. Gratz!
p.s. the Earth really does go around the Sun. But you'll have to verify that yourself.
And if you can make me a latte, that would be super. -
Quote:Are you trying to diffuse an interweb feud?Originally Posted by BBQ_Pork
I, on the other hand, would simply attempt to post a picture mostly unrelated to the topic.
I must say, oooh, that's a nice cane. -
Quote:Hahaha. I haven't shown any tendency towards this in the past on these forums, but feel free to make stuff up. As is your right.Originally Posted by Another_Fan
And I would expect you to profess equal knowledge of oncology, and boil down a 102 page report on a patients condition to two sentences that support your position.
Judge me all you want. You can probably make a better latte than I can. You can probably juggle better than I can. I'm sure that you mop better than I do. (I'm an awful mopper).
But please, for all that's holy to you, don't pretend you know something you don't. Picking random things from the interweb does not make you an expert.
http://xkcd.com/386/
best of luck to you with your rants! -
Quote:It is shocking how many of these I pick up for less than the cost of crafting. I'll put them in the base.Originally Posted by Nethergoat
In a world where you can sell as many level 15 recharge IOs for 100k (priced to move at 25k, cost to make 7k or so) as you bother to list I'm ready to declare bid creeping a lost art. =P
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Quote:That's cool. You can believe whatever you want. Just don't expect that what you believe is correct.Originally Posted by Another_Fan
Nahh when I get a seminar from an investment guru it usually comes with a buffet, and a pitch for a bad investment.
If this were a post on treating GIST cancer, I would expect that your response would be something like:
"But the ulna is connected to the femur, and the meosis contradicts the mitosis, so therefore glandular issues should be the primary issue."
I understand now why many people have you on ignore. I'll stop trying to educate you now. It's a little sad, but hey, ignorance is bliss. -
Quote:I'm not yet ready to bring over my main market toon on Virtue: Invisible FistOriginally Posted by Organica
I had a toon named Wall Street Brawler on Virtue since last Spring.
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Buy low, sell not so high.
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Quote:erm, I'm not going to bother telling you where and how often you are wrong. Send me a PM and I'll be happy to work you past your random samplings of Investopedia.comOriginally Posted by Another_Fan
Yes but you aren't Milton Friedman, and I'm not Adam Smith. Anyway market makers and specialist firms provide stability when they feel its in their interest to do so.
Its pretty clear what happened in the flash crash, you had a low latency trader that managed to set off an exponential price decay in the shares of the 500 largest companies in the U.S. economy. The market makers decided it was better to get out of the way, and let the fall hit stop loss orders.
The question is was it deliberate on the part of the people that started it ? Well you are planning to sell a large volume of X anything you can either have your strategy to sell less as your sales cause price declines or you can sell more as the price declines. You don't have to be Milton Friedman or Adam Smith to figure out the effect of either strategy.
When you program your strategy into the financial equivalent of a BOLO and allow it to act as your agent executing trades with times measured in mili seconds, it can very easily wreak havoc.
You can go back to the use of Super Dot and the crash of 87 to see the problems that this can and does cause.
hint: you are wrong a lot. Both in frequency and amount. Seriously, send me a PM and I think I can help you understand some things. -
Quote:No no, not at all. I'm just trying to explain that, in real life, market makers provide stability. When they stop participating, things go badly. And I can explain briefly what happened and why in the Flash Crash, but if you don't know or care, I can't convince you otherwise. It had nothing to do with a bear raid.Originally Posted by Another_Fan
Seeing as you make a living at this, you should be familiar with
No but you just came on the boards and tried to tell people how appreciative they should be for your attempts to enrich yourself.
Of course, flipping ice in this game isn't the same as market making.
Stephen Hawkings himself can't convince someone that the Earth goes around the sun on an internet forum! -
Quote:Hey, it's not like I make a living off of doing this or anything. I must have misinterpreted it.Originally Posted by Another_Fan
http://money.cnn.com/2010/10/01/mark...C_flash_crash/
Interesting how you read it that way.
I read it as someone with alot of money tried to rock the market and succeeded.
Edit: And a note it looks like he found a way to short on down ticks as well
Oh wait, I DO do this for a living. Let me repeat the phrase that demonstrates the lack of flippers to stabilize: "In other words, the lack of buyers and the rapid selling of E-Mini futures contracts began to affect the underlying stocks and the broader stock indexes. "
I don't come to [YOUR PLACE OF EMPLOYMENT] and tell you how wrong you are at [CLEVER INNUENDO THAT INSINUATES YOU DO SOMETHING DEGRADING AND INSIGNIFICANT].
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Quote:We are leading Korea, Atlantis, and the Roman Empire!Originally Posted by Fulmens
Can I have some echo here?
One week [eek eek eek]
Sixteen characters [erssss]
#86 on the Virtue Top 100. [SQUEEEEGNNNNNNNNN*clk*]
( Sorry about the feedback. )
TWENTY THREE BILLION INFLUENCE BURNED.
Remember, you can acheive a classy, muffled, clapping by not putting away the fistfuls of inf first.
Give yourselves a hand, everyone! -
They just came out with the report of what caused the "Flash Crash" in the US markets in May. Abbreviated version: an initial trade in a shaky market spooked market traders, and eventually the specialists took out all their support bids except for ridiculously low ones. These "stub bids" got hit, which caused more panic.
In other words, the market dropped like a rock BECAUSE flippers were not doing their job in stabilizing the markets. -
In my experience, there is a much more active market at the 30 and 35 level for recipes. There's no real reason for that except people like to count by 5s. If you plan on selling most of your drops, then I would probably lock there. But if you plan on using most of the drops for yourself, play at the level you prefer. I like 33 and 37, just so I can get some slots in the lvl 32 and/or 35 power.
It seems that many people look at the "non-multiple of 5" levels as an opportunity for low ball bidding. I know I do... -
Quote:Ok, trying really hard not to be a jerk. Yes, I know that. You know that. EVERYONE knows that. Still trying not to be a jerk, but you are making it really hard...Originally Posted by Chriffer
Essentially, the market fee is a 10% tax on revenue.
Next, where do you live in real life that ST cap gains tax is less than 10%? Is there housing and high speed internet access available? -
Also welcome Abigail and thanks for the porters.
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Quote:I very much disagree with this. Investing in a stock you hope to get two types of return: dividends and capital gains. I think you mean to equate flipping with investment in gold.Originally Posted by seebs
Flipping doesn't have anything to do with "the same item over and over". It's just buying something with intent to resell it at a higher price. Virtually all stock "investment" is pure flipping.
Flipping salvage in this game is pure capital gains. In a real world tax environment, it really would not be all that efficient. -
Quote:Yer leader is doing an awful lot of blind invites. Just observing.Originally Posted by runt9
Now that I have caught up, I feel I must elaborate a bit more...
Unknown Heroes is our SG, EverStryke is the leader.
I misspoke when I made some of the assumptions I did. You guys ARE having fun by doing this. You're taking your money and trying to accomplish a common goal. I was wrong to assume you wanted to do it to piss people off. I'll admit that. We all are stupid sometimes.
Now, to address the matter at hand... As far as I'm concerned... Yes, most of the top SGs in the game have paid for some of their prestige as well as farmed for the majority of it. In Unknown Heroes, the prestige is not our focus. The rank is not our focus. It is the common side-goal amongst everyone in the SG. The reason for it being a side-goal is because the MAIN goal is to find, train, and retrain players in CoH. EverStryke plays this game to TEACH people more efficient ways to play the game. He believes there is no right and wrong way to play the game, only the efficient and the non-efficient. He doesn't believe that farming does you any good and he completely disagrees with power-levelling. We do tons of TFs, we team all the time, and there's a significantly large group of nightly Vent users. The prestige levels we produce come with the amount of time we spend just straight up playing the game. EverStryke does like seeing high prestige numbers and he does want to see us climb the ladder, but his focus is on teaching and having fun, and letting the prestige follow. I just wanted to clarify all of that.
Now, I agree. Prestige is the single worst way to classify SGs. Honestly, I don't think it should even BE a competition. Why does it matter whose e-peen is bigger? These numbers are pointless, but if it must be a competition, we must be competitive, right?
Also, I know how easy INF is to come by. I made my first billion about a week ago just playing the game. I sold my drops, I did about 250 million of marketeering over 2 months, and I found and sold ONE purple. Now, with that billion, I can turn it into 2 in a matter of a couple of days playing the purple and PvP IO market. I just don't think I can ever see myself burning it away. I like seeing that big number there, and I like being able to say "Hey man, you need some startup cash? You need some cash for your build? Oh hey, I wanna buy this purple set for my 50..." It's a good feeling.
Just know that I feel bad for criticizing you guys, I was just kinda stunned at first. I don't want to come across as any sort of jackass, mainly because I don't like making enemies. I wrote that stuff late at night when I probably shouldn't have. I can't say I look forward to seeing you succeed, but I do wish you the best of luck. Maybe this will be something for the devs to look at and ponder whether or not it's worth it to continue ranking SGs... -
Quote:I picked up all the ones Steel and under.Originally Posted by Abigail Frost
This looks interesting. Since I can finally play with something approaching regularity now can I hit someone up for an invite?
If nobody has done it yet I'll pay all those back dues I owe the Ebil Marketeer Club by rounding up all the SG beacons. -
No longer does I have a hungry.
I think part of the delicious set of arguments going back and forth here is that very few of us share the same definition of "flipping".
Mine would be:
flipp-ing (n). Placing bids on an outstanding item that are likely to be filled. That item will then be offered in the immediate future, ideally sold for a higher price.
Profit margins for flipping are completely driven by people who "buy it nao" and "sell it nao". If every person who wanted to buy an item bid what they thought was a fair value, and if every seller offered at a fair value rather than at 1 inf, THERE WOULD BE NO FLIPPING. Don't blame me if your prices aren't where you want them to be: I voted for Kodos.