heffroncm

Just as seebs said. Friday is the only day of the week that I will intentionally make time in my schedule for marketing, to make sure I've as many slots filled with profitable listings as possible.

Roughly 36 hours after jumping back in, I've invested just about 100% of my billion and a half, gotten about 500 million in returns, and have about 2 billion worth of assets that I expect to move over the weekend. All from ten minutes of "work" on two characters, buying cheap recipes and salvage overnight then listing expensive enhancements. If that doesn't count as free money, nothing does.

Oh, I'm keeping at it, and I've had a few grateful people come back as I mentioned in my edit. It's just disheartening how many people don't want free money!

Yeah, actually, I have. I've given exact specifics on current, in-demand niches that can make people hundreds of million for little investment, while standing in Wentworth's watching that IO because I'm selling it, and seen nothing happen. And then I got flamed for being evil.

I've given lengthy instructions in /help and a couple global channels on how to find a cheap recipe, buy it and the salvage overnight in 3 minutes of work, craft and list the items in 5 more minutes, and let tens of millions of inf roll in over the course of the weekend for your ten minutes of effort. I was actually kicked out of one channel for teaching people to manipulate the market.

I've explained in Atlas Park broadcast exactly how to go from a level 2 fresh out of the Tutorial to a millionaire in an hour with no effort, and gotten many hate tells for my efforts.

Hell, I wrote an extremely newby-friendly thread listing little tips and tricks on making the market work, from the point of view of someone that starter playing the game in early August. Less than two months later, I'm a multi-billionaire and dumbfounded at why so many people are so poor.

People don't want to learn.

*edit* Sorry for the rant. Seriously, though, it's become a bit of a personal crusade to educate the blindered masses as to how MUCH influence there is and how EASY it is to get tons of it. Every time I give someone 10M and hear back the next day about how they have over 100M, I feel like I've accomplished some small part of my goal.

Yeah, have to agree that the metaphor fails. You say Wentworths is the WalMart in a small town in that it's the only place to aquire some things. Fact is, there are a number of boutiques, mom and pop shops, and competing chain stores in Paragon that offer everything you could want. Reward Merits, Alignment Merits, and Architect Entertainment Tickets can get you everything you need if you don't want to spend Wentworth's prices.

People sometimes like to do large transactions in person.

Thank you, Fulmens, for reminding me of one of my favorite quotes:

Don't complain about a problem, fix it!

There was a change. 120second proccs like those two are now designed such that the effect ends the instant the toggle is turned off.

It is NOT completely artificial. Price spikes like the one Nethergoat was creating happen ALL THE TIME on their own. Why? Because people like your friends delete it when they are out running missions, then want to buy it when they get back to Wentworth's.

The drop rate of an item is only peripherally associated with the market supply: You need to have sufficient people willing to list a low-Inf item in their limited sell slots. This raises the price, because the people who are taking the time to sell it want to get their money's worth out of using the slot.

There is no secret cabal of mustachio-twirling villains playing with the prices. What Nethergoat demonstrated in this thread is that it is essentially impossible for someone to do so. In the midst of his attempts to buy up everything, low cost pieces were still bought. The "aftermath" was over in minutes. The entire thing, from start of him buying to end where people were still COMPLETELY WILLING to spend millions on a piece of Common salvage they could have gotten in seconds elsewhere, lasted less than an hour. In all, he accomplished nothing but handing out piles of Inf to people who likely wouldn't have gotten it otherwise. To insinuate otherwise is to grant him more credit for power over the market than he deserves.

No offence, Nethergoat.

Probably the Perception bit. People HATE HATE HATE getting Blinded. At least, everyone I run with does.

Disagree. The beauty of this consignment house is there is no time limit and no fee on bids. You simply put up whatever you are willing to pay for something, then come back for it later. Your friends are choosing to bid until they can get it immediately. No one is forcing them to pay more than 500 inf.

If they really have so little play time, this market should be perfect for them. Just get them to stop trying to click the eBay / WoW BUY IT NAO button, leave the bid up overnight (or all week, if you cancel a bid before a weekend passes you weren't really trying to buy it), and relax a little. That's the ONLY secret to not getting screwed on the market: stop playing so damn fast.

I have been incredibly lax the past week, casually flipping masses of salvage at-cost for the purposes of building up to Power Seller. I'm down to 1.5b or thereabouts. Time to start making some real money again. I'll be updating the OP with any new insights I have as I shoot for a loftier goal: 10b. I'm going to forgo posting full transaction logs, as there will likely be more movement than anyone really wants to read about. I will post niche and profits on a daily or bi-daily basis.

Don't get me wrong. I love to RP. I've spent more Inf getting the Prestige for my RPSG than anything else.

On the other hand, I'm fresh out of marketears for my marketea.

I'll throw a couple bil at it if it hits Virtue. That's my home server, and the drama potential is DELICIOUS.

I'll take both. When do you want to meet?

666,666,665

Just for good measure.

Heh, I did the same thing last week, paying 16 million a piece for a 10 stack of rare salvage I wanted to bid 1.6 million on.

@Psycho007: Next time, just keep the market based threads in the Market forum. There's no reason to open an auction thread on just one server when there are plenty of other servers that'd be interested in the IO, and the folks on the Market forum aren't going to try to heckle you for offering it at the going rate.

Heh, oh, that was like a month ago. I don't really work 'niches' the way others talk about. I sign on, scan for something that'll sell for a profit, buy it, craft it, list it, and do it again the next day. That's why if you look through the pics that didn't depost themselves in that thread, you'll see a LOT of bouncing around.