Nethergoat

huh, now where did I say that?

oh yeah....I didn't.

Readers are advised to take Coyote's grasp of the contents of this thread into account when weighing the value of his comments.

If they think it's a store and they want it to treat is like a store they're destined for disappointment, whether or not I overpay a lot of players for their junk salvage so I can delete it or not.

You and your ilk always ignore the one fundamental truth of 'outrageous' prices- they're FANTASTIC if you're a seller.

And when some crazy dude is wildly overpaying for 'junk' like NMI that's a major benefit to anyone who bothers to list it during the feeding frenzy.

maybe our hypothetical borderline mongoloid can't grasp supply and demand well enough to understand why THING I WANT EXPENSIVE NOW!, but presumably they'd have no problem embracing THING I SELL WORTH PILES OF INF!

And the one does not exist without the other.

The market isn't a store.
The end.


Presuming your unsupported generalization has any validity, it ain't my fault if "most players" aren't bright enough to click the NPC and learn how the thing they're using works.

I do know how it works and I happily share my knowledge with anyone curious enough to ask.

I don't concern myself with the incurious and uninformed.
The information is available, it's not like anyone is forcing them to stay ignorant.

Things like this actually teach more about basic market forces than any number of stale lectures on a forum.

I'm not surprised that fact skimmed past you without being noticed.

an addenda:

If we assume I'm right about the ~50 million inf *other* people spent on NMIs while I was probing the upper range of prices, I spent at least that much buying up the outstanding supply. So that's roughly 100 million inf spent on 'junk' salvage that started the evening selling for about 100 inf.

Nobody with money problems was buying *any* of the NMIs on offer past the first dozen or so stacks I deleted. Buyers willing to pay 500k+ for a garbage drop DON'T CARE ABOUT MONEY.

And anyone budget conscious has to be previously acquainted with the concept of placing a bid and leaving it up for a few minutes.

So my foray cost me and other rich people some inf we don't care about due entirely to curiosity & impatience and didn't impose any hardship on anyone else that isn't already inherently present in the market.

The rending of garments and pulling of hair over something this benign is genuinely hilarious and speaks to a profoundly shallow understanding of what markets are and how this one specifically works.

I posed this one in another thread (well not specifically, but the whole "badgers/crafters burning supply vs other uses" issue) and got no good answer.

I posit it matters not what the motivation of the *buyer* is (which is unknowable anyway, barring a confessional thread like this).

Demand is demand. The market responds the same regardless of player motivation.

Strange what happens when demand returns to 'normal'!
=P

failure to understand that the MARKET isn't a STORE isn't my fault or the fault of anyone else here. There's an NPC standing right there with all the details.

Anyone who gives up on the market because they had to wait a few minutes for a Nevermelting Ice has bigger problems than my idle shenanigans.

naw, it was just me having some fun, the way people do when they play a game.

How so?

It took NMIs maybe five whole minutes after I stopped buying them up to return to a 'normal' price of 1k or so.

Are you really going to saddle up your white charger and ride to the rescue of "casual gamers" who were deprived of underpriced NMIs for the TWENTY WHOLE MINUTES I was messing around?

The folk who overpaid could afford to overpay. The folk who couldn't had to wait less than half an hour for their lowball bids to fill.

I'm not seeing the harm to anyone there.

except that in this case pretty much everything in the game carries a flashlight around with them and everybody has multiple ways to get hold of them. Also, a piece of junk salvage that anybody can live without doesn't really relate to a tremendously useful tool in an emergency situation.

Maybe rethink your position and see if you can come up with some more compelling logic?

The way your methodology was unfolding that's a fine idea.

It's great how passive aggressive nonsense like this tells you EXACTLY what's on the way.

=P

I'm not sure, the 'last 5' doesn't seem to reflect reality well when the action is hot. A couple of times I'd bid 50k or whatever for a 10 stack, it would fill instantly and maybe 1 of them would show up in the last 5. A few times several 10 stacks in a row would fill instantly with no reflection in the last 5.

that said, I saw 7-10 go for a million of other people's inf and a bunch more sell for 500k+. Rough estimate, 50 million destroyed at the height of the shortage?

Note to Haters:
as an illustration of the marketeer maxim PATIENCE IS A VIRTUE prices were back down around 1k shortly after I stopped probing the upper end of the supply.

there were fifteen minutes or so when people (besides me) were paying a million for a Nevermelting Ice...it was beautiful!

also, when i started they were selling for 111, so it's doing a little better.

there's 170 or so listed at more than 3 million.

Hmm, what to do, what to do.

no.

one of my longstanding complaints with CoV.

Crafting performs a service for the buyer and is thus inherently less eeebil than simply re-listing the item at a substantial markup.

personally I wouldn't notice the difference.

also, what ever happened to Eryq's thread that was going to "prove" farming works (or something)?.

Nope.

badgers generate MASSIVE amounts of completely unsalable junk.
Generic IOs aren't vendorable so they don't get cleaned out by vendor mules- if you list a junky IO nobody wants it stays there FOR-EVER. Tying up that slot.

I've only ever gone after a few specific badges because I wanted the titles and even so I ended up deleting far more generic IOs than I sold.


So again, how is buying and deleting something more immoral than buying something, using it to make something else and then deleting that?

I'm not faking low supply- Nevermelting Ice has GENUINE low supply, not because it doesn't drop often enough but because nobody lists it because it isn't worth anything.

I've been doing this for a while now, and the # of Ices listed at the time I check has never topped 300.

If anything, I'm performing a public service by making it worth people's time to list this "junk" drop.

not after tonight there won't be.

=)

I weep to have failed your litmus test.