graystar_blaster
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Posts
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Joined
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Quote:Originally Posted by Zwillinger
There was a bug preventing them from functioning on live. This is currently slated to be fixed in the first patch following today's launch. IOTW, very soon.
and then there is this. -
Quote:I was warning what might happen if you think I was attacking well thats your opinions.Originally Posted by peterpeter
Not at all. Now people have an additional reason to mock your basic premise. You attacked people for behaving as if the converters wouldn't appear, and they didn't appear.
As far as mocking me please go ahead
as if you had not already been -
I lol'ed when I saw this in game 5 mins ago
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no converters i guess this ends this discussion.
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thumbs up.
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Quote:http://en.wikipedia.org/wiki/Virtual_economyOriginally Posted by FourSpeed
You're entitled to think that.
By the same token, I'm entitled to think you're mistaken.
Having read through most of the other posts dissenting with your assessment,
I can't help but wonder how you reached your conclusion.
A few fundamental points about Capitalism that apply here, or in the Real World.
1> Caveat Emptor - it's in LATIN, so you know that idea has been around awhile
2> Free Market: Target, Walmart, Joe Bloe on Ebay, and pretty much any other
entity that sells a product chooses their price. Again, hardly a new concept.
It is not at all unusual, immoral, or illegal to see an item for sale at different
(but usually similar) pricepoints. For a good (and common) example, just check
housing prices among homes with common features (ie. 3Bd, 2Ba, X sqft etc.)
It is encumbent upon the buyer to do a little research if the pricepoint differential
matters to them... "mean" has zero bearing on the matter.
3> Good Faith Exchange: When a buyer and a seller bargaining in good faith,
reach agreement it becomes a "contract" - even in the legal sense of the term
(albeit harder to police/enforce compared to traditional legal contracts). Once
again, "mean" is a non-factor.
In short, provided the agreed exchanges actually occur, the very concept of
"mean" is ridiculous in the context where a buyer & seller agree to a price.
In game, selling on, or off-market is immaterial to the "mean" issue.
In game, there are only two reasons to trade off-market.
- first, to avoid the 10% fee
- second, to receive "fair" value for an item that is worth more than this game's
currency system can handle in a single transaction.
While both of those benefit the seller, it is irrelevant once the buyer and seller
agree to a price for exchange.
So, think what you like, but I think your stated position is seriously flawed.
Regards,
4
I am and will keep trying to bring this back to my original intent.
Dont buy online till prices stabilize.
You may ave more time than me to look up things online. Happily I have a family to take care of. SO as I do not have the time to get exact data on many of the things which we discussed in this thread, I still feel this has been constructive in that I do not see things for sale off market atm that are new threads. Which i think is a good thing.
Insofar as our discussion about prices. I was only trying to use an analog and I never said they are real world in fact i have said"I am also shocked that you will argue with me about this warning.
Do not buy off market for the foreseeable future.
thats what this thread is and you argueing with me about commodities pricing."
and
No I do not have any business in that transaction I dont pretend to. However this thread is a warning to those that might do it.
Watch out. There is change a comin.
and for whatever reason you dont like that im doing this to warn people. Well quite frankly I do not care what you think.
I just dont want to see on the boards I just spent 2+ billion on something worth 300 mill. Wahh.
and i already refered to and ackwoledge its a game here
o in this video game that people are already paying for. Just so i get this straight. I want to be clear what your saying here because i think its important.
So if someone does not know the market is about to change, and they are "stupid" in that they dont spend the time on the market or the boards that you and I do clearly. Its ok to charge them over the cap price. Because thats what this thread is about. If you charge 1 billion ingame and someone who does not know and is not informed. Also this person may have saved for many months to get one of these. You think its ok to charge them over the cap off market, "because they are stupid" is that what you are saying?
and here:
And how could you possibly after all this time continue to talk about a video-game in the real world terms of life and gain and loss.
Its time to stop the roleplay this is not a real market and the devs have decided to KILL yes KILL maybe MURDER or OBLITERATE is better but they have thrown the gauntlet down.
The marketing days are different. Not gone just chanfged profits lowerd. Deal with it. But dont compare this to Microsoft. I knew Microsoft and apple and sam walton. You sir are no Same Walton. So please dont even try to compare this to real life. Cause the people that are trying to sell an io for 2 billion off market are cheating the people buying. They are knowingly and without care defrauding the people buying as to the value of the object they are buying.
and ill say this one last time and you do not have to agree with me and clearly you dont but this is how i feel
:I know what your saying is not true. Selling an io for 3 billion of market now is cheating to someone who does not know whats coming.
Spin it anyway you like its not the right thing to do unless you just need influ and are willing to do anything to get it.
And as i said i dont have the luxury of time to look up your old posts. And i dont agree with what you have said here. I am not arguing the market I am condemning the Off market transaction that might happen NOW in the NOW given whats coming tommorow.
So enough with the drivel about economics. Thats how i feel and you are free to disagree whcih you obviously do.
Hoever if you find someone to spend 3 billion for an io worth 1.5 on marrket today or worth 200 million on weds I will still feel that what you did is wrong.
My marketing and or farming history is irelevant cause i farmed them and used the market we have in the most honest sense of it.
So lets stop talking about milk, gas etc.. and get back to my origianl comment.
Whcih is seeling off market now is like taking candy from a baby. If you think that baby is not actually here thats fine. But i posted things to show you there are still people trying to do that.
If that is you then I dont like what your doing. Period. If you disagree and think what your doing is ok. I dissagree with you.
You do not have to agree with me and i dont have to agree with you but all i was saying and im saying it now for i think the 5th or 6th time
dont buy off market anymore for the forseable future. -
I look forward to rejoining this conversation as for now errands call and the kids are awake.
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Quote:How have the goalposts been moved?Originally Posted by UberGuy
You saying it's a warning is you completely moving any goalposts implied in your first post. Don't get your undies in a knot when people respond to what you posted instead of what you would rather they focus on. -
Is just taking candy from babies. Its profiting of the uninformed.
Its mean
At least i think so.
is a comment, a warning, and a judgement.
Clearly I have not hidden that.
It is at this point to someone who does not know taking candy from a baby,
I think its mean- yes i do think its mean to do that at this point in the game with whats coming tommorow. -
Quote:how so. That is just a link i grabbed in the 30 seconds i dedicated to my reply. But please if you will enlighten all of us since i enjoy very much this topic.Originally Posted by UberGuy
Yeah, OK. I looked at it. Read the whole section about the standards on milk pricing. You're still missing the point entirely. As in you clearly have no idea at all what the rest of us are saying.
Book knowledge, or even trade knowledge, is not serving you well here. You are misapplying utterly. (No pun intended.) -
Quote:ok. I guess it could. Thankfully it does not.Originally Posted by Hyperstrike
This could just be a clever way of saying you went bankrupt, your company assets were confiscated and you've been unemployed ever since.
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Quote:However since you obviously understand I was not talking about the futures market and neither were you.Originally Posted by Hyperstrike
11 years wasted evidently. What're you doing now?
Take a look at futures again. Buy low, sell high. The difference = profit.
If someone enters into an agreement with you before close of the market to take delivery at a certain price point (which may be above market value), then yes, you CAN.
SO do not pretend that this thread which was a warning to unsuspecting buyers has anyting to do with the futures commodity market, short selling or anything in the like.
Your creating new arguments out of wholesale cloth to create the perception that you know more or are "right"
and this thread was not about rightness it was about integrity this close to a market meltdown and that is all
so all the hot air and argueing you want to put in will get you nothing.
and insofar as arguing with me about the market well I did that and i won in life in regards to that.
so in this video game in which none of what was said, none of the links, matter and none of your posts will take away from the fact that the market is about to explode and dont sell or buy offline for the meantime.
things may change as they should cause thats the one constant in life. in regards to this thread dont buy off line that is all. -
Quote:see yaOriginally Posted by Hopeling
*shrug* Sabotage your own threads all you want, I guess. I'm done here.
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Quote:http://www.ers.usda.gov/publications/aib761/aib761.pdfOriginally Posted by UberGuy
The only thing I'm not knowledgeable of here is why you think anything you have posted is relevant to what I said.
Are you trying to make the point that no one would buy $6 milk? Because if you are....
page 4
is where it starts -
Quote:since you want to know. i sold my comapny and retired at 33 have not worked in 4 years. How about you?Originally Posted by Hyperstrike
11 years wasted evidently. What're you doing now?
Take a look at futures again. Buy low, sell high. The difference = profit.
If someone enters into an agreement with you before close of the market to take delivery at a certain price point (which may be above market value), then yes, you CAN. -
Quote:Originally Posted by Ardrea
Lol.
If you want to sustain this claim you made, and not seem the complete fool, then you should offer a citation. Here, I'll get you started with a link to a site where you can search various legal codes: Lawsource.com. Go there, and when you find the law that says I can't sell eggs at any price I want if I can find a willing buyer, then you come back here and provide us the citation.
It goes the same with your idea that one can't sell products to others if the price is going to drop soon -- It's just plain nuts.
Imagine this scenario:
Shopper: "I'd like a quart of milk, a dozen eggs, and two loaves of bread please."
Store clerk: "Sure; here's the milk and the bread. I can't sell you eggs today, since they go on sale tomorrow for 1/3 off."
Shopper: "Oh really? Nice, I'll pick up some extra eggs tomorrow. I still need a dozen today."
Store clerk: "Sorry sir, I can't sell them to you today, that's not only unethical, but against the law too."
Shopper: "What?! ^#@#$%! I need eggs today! Just sell me a few! I'll pay today's price!"
Store clerk: "Sir, if you continue to demand I illegally and unethically sell you eggs, I'm going to have to call the Sheriff."
Ridiculous, yes? Yep, because your whole line of argument is ridiculous.
I provided leagal codes on the things i mentioned i am not aware of eggs being on that list.
Milk is what i refered to and commodities such as gold, silver, oil, natural gas. Last i checked eggs were not a commodity and as such were not listed since that was the argument at hand.
But thanks for the link even though its not germane to this thread my posts your posts or any other.
But here is a link to the weather in Kralendijk, Netherlands Antilles Weather
http://www.weather.com/weather/tenda...890,-68.262382 -
Quote:Originally Posted by Eldorado
So you're saying that it's okay to overcharge people with Buy it Nao prices in the market, because that's what's it's there for, but it's not okay to overcharge people in the Market Forum, even though that's what it's here for? "Come here to make suggestions, bid or sell items, and discuss all features of the game economy. THIS IS FOR IN GAME ITEMS ONLY!"
As mentioned in countless other posts, anybody who spends more than 2 billion on an IO without doing their homework is an idiot. The "for sale" posts are here, but so are the ones talking about how the prices are going to plummet.
I don't think bad of people who are rich -- I've got over 40 billion INF in liquid assets floating around, and at a wild guess have several hundred billion in Hami-O's and IO's spread across 20 plus characters.
I just think you love to stir stuff up on the forums, which is why I have to remember to sign in before reading so I can utilize the "ignore" feature and not read your nonsensical drivel!
on market is fine but now that the price will crash and you and i and most know it NO its not ok to fleece someone on the boards and I hope this thread stopped someone from loosing a billion to the like of you.
"I just think you love to stir stuff up on the forums, which is why I have to remember to sign in before reading so I can utilize the "ignore" feature and not read your nonsensical drivel!"
please act on that and do not follow my threads -
I am also shocked that you will argue with me about this warning.
Do not buy off market for the foreseeable future.
thats what this thread is and you argueing with me about commodities pricing. -
Quote:thats just off wiki i dont have the time to dig up all the legal precidents.Originally Posted by graystar_blaster
Gold, silver, platinum, etc can, again, be bought at whatever price point buyer and seller agree on. This includes commodities trading.
wrong totally wrong. Having spent 11 years in this field you cannot sell commodites over market
Commodity markets are markets where raw or primary products are exchanged. These raw commodities are traded on regulated commodities exchanges, in which they are bought and sold in standardized contracts.
This article focuses on the history and current debates regarding global commodity markets. It covers physical product (food, metals, electricity) markets but not the ways that services, including those of governments, nor investment, nor debt, can be seen as a commodity. Articles on reinsurance markets, stock markets, bond markets and currency markets cover those concerns separately and in more depth. One focus of this article is the relationship between simple commodity money and the more complex instruments offered in the commodity markets.
See List of traded commodities for some commodities and their trading units and places. -
Gold, silver, platinum, etc can, again, be bought at whatever price point buyer and seller agree on. This includes commodities trading.
wrong totally wrong. Having spent 11 years in this field you cannot sell commodites over market
Commodity markets are markets where raw or primary products are exchanged. These raw commodities are traded on regulated commodities exchanges, in which they are bought and sold in standardized contracts.
This article focuses on the history and current debates regarding global commodity markets. It covers physical product (food, metals, electricity) markets but not the ways that services, including those of governments, nor investment, nor debt, can be seen as a commodity. Articles on reinsurance markets, stock markets, bond markets and currency markets cover those concerns separately and in more depth. One focus of this article is the relationship between simple commodity money and the more complex instruments offered in the commodity markets.
See List of traded commodities for some commodities and their trading units and places. -
Quote:Originally Posted by UberGuy
I hate to tell you this, bud, but that's not a crime. If you pay $6 for a gallon of milk that you could have gotten for $3 somewhere else, that's on your head, not the seller. If people keep going to the guy who is selling $6 milk instead of going somewhere else to pay $3, then apparently that guy is on to something, and he's not evil for charging $6. He's smart.
If he built a wall around a community that electrocuted anyone who tried to leave and charged $6 for milk at the front gate, that would be evil. Inefficient as whiz, too!
http://www.ers.usda.gov/publications/aib761/aib761.pdf
http://future.aae.wisc.edu/tab/prices.html
http://www.dailydairyreport.com/
http://online.wsj.com/article/SB1000...117141294.html
http://www.fmmone.com/Northeast_Orde...s_main_new.htm
read more speak without knowledge less. -
Quote:I am not trying to prove anything to anyone. This thread is a warning to people and I think its messed up to sell over market that muchOriginally Posted by Hopeling
First, could you please learn to use the multi-quote function? Or at least put quote tags around stuff when you copy it into your message?
Second, are you telling me it's illegal for me to sell my car below market value? Because you'd be wrong. Also, you didn't answer the question. Would it or would it not be OK in-game to buy something below market value if someone offered you a better price?
That's an off-market sale at (what he thought was) the going rate, which he adjusted when he found out it wasn't. It's not above the inf cap, either. Note also that Justaris hasn't sold it yet, as of his last post in that thread. So again, you have yet to prove that this is actually happening to anyone anywhere, which kinda renders your whole point moot.
Also I was saying that in fact yes you cannot sell your house for half of its estimated value. The tax people will come a knocking and ask whats up. Capital gains must be paid if your trying to pass it on without paying it. Lets drop the reference to your busted up 1986 honda civic.
Were not talking about trap of the hunter were talking about a house on palm beach. -
Quote:Wow Yes in fact you are depending on the date of purchase. What country do you live in. If a gallon of gas is 3.50 and you pay 7 there is a crime. If milk in the state of vermont is 3$ and you pay 6 a crime was commited. If you pay 300$ for a barrel of oil and the rate is 150$ yes you are intitled to sue for recompensation.Originally Posted by Hyperstrike
So if you buy a car for $50,000 from a dealer and later find out that another dealer was selling the same car for $28,000 due to a tax rebate, are you entitled to the $22,000 back? Did that first dealer rip you off?
No. You made the decision to buy at a certain price point. If you didn't have all the facts, there's nobody to blame but you.
.
Yes thats exactly what i am saying!!!!!!!!
Not 28k for a car worth 25K this post was about things that are 2billion(on market) 2.5-3 billion off market when tommorow they may be 200mill. thats a big difference. -
Quote:No I do not have any business in that transaction I dont pretend to. However this thread is a warning to those that might do it.Originally Posted by Aura_Familia
/facepalm
anyone who wants to pay 3 bill for IO (or more) can. It's there inf. You don't have any business whatsoever in that transaction.
Watch out. There is change a comin.
and for whatever reason you dont like that im doing this to warn people. Well quite frankly I do not care what you think.
I just dont want to see on the boards I just spent 2+ billion on something worth 300 mill. Wahh.
So i am letting the news out. I am sorry that this bothers you so much
But you seem terribly interested in my and this thread. May i ask why? -
Quote:If somebody offered to sell you that 1.5b item for 100 million off-market, would you make that trade? Would it be unethical or "not nice" to do so? And if not, why is it OK to buy something below the going rate but not OK to sell something above it, as long as both parties agree on the price?Originally Posted by Hopeling
If somebody offered to sell you that 1.5b item for 100 million off-market, would you make that trade? Would it be unethical or "not nice" to do so? And if not, why is it OK to buy something below the going rate but not OK to sell something above it, as long as both parties agree on the price?
Plus, you have yet to demonstrate that this is actually happening to anyone, anywhere. I haven't seen anyone selling glad armor uniques in Freedom help chat for the last few weeks, (and if anyone tried, I suspect they'd be shouted down by people who are aware of the coming changes), other than one known scammer, and he's not really selling anything anyway. I find it difficult to believe that someone has more than 2b to spend on such items, but has not bothered to check the market for them (where they are guaranteed to get the item for 2b or less) at any point in the last few weeks.
Try that with a car, milk, butter, a house, electricity, natural gas, propane, gold, silver, platinum, oil, the list oges on and on. Why cause you cant. Its unetical and illegal.
"Plus, you have yet to demonstrate that this is actually happening to anyone, anywhere. I haven't seen anyone selling glad armor uniques in Freedom help chat for the last few weeks, (and if anyone tried, I suspect they'd be shouted down by people who are aware of the coming changes), other than one known scammer, and he's not really selling anything anyway. I find it difficult to believe that someone has more than 2b to spend on such items, but has not bothered to check the market for them (where they are guaranteed to get the item for 2b or less) at any point in the last few weeks"
Here is something you request its just one of many examples. Happy now?
Quote:Originally Posted by Zombie Man
As of right now:
1.5 Billion on 1/26
2.0 Billion on 1/25
1.96 Billion on 1/25
2.0 Billion on 1/25
2.0 Billion on 1/25
With 14 for sale and 1,597 bids... you can still easily get 2 Billion.
Do it now before Converters go Live.
Selling a level 50 GladArmor +3% Defense IO that recently came into my possession. Asking price is 2 billion. Contact @Justaris in-game or send me a pm if interested in buying. Thanks.--this one is newer
yes its older dates but tis a current active post. Im just warning people and why shouldnt I. How could you assume that its ok to sell things at high prices.