NEW: Ping's Weekly Niche: No More Knockback
By
Cobalt Azurean,
Posted on: 2009-07-06 10:53 in Champion
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From revealing the niche, the prediction should be that the price of crafteds overall should go down and the price of recipes should go up. These two would occur because, hopefully, a run of people would attempt to list theirs lowest to sell first until people started settling for less profit by listing below another common bid point, such as 55M even. If the run continued, people would continue to settle for less profit, thus resulting in the prices of recipes and crafteds arriving at an equilibrium that made the profit minuscule for awhile. Instead, it appears almost no one is heeding my advice.
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Or that everyone is heeding your advice to sit on it a few weeks.
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That... and hunting through the mountains of recipes for other non-publicized niches. 
"Don't unravel them-- your ears were meant to be that way."
-Steve Aylett
Wanted to thank you Ping, picked up two of the crafted IOs from around 30 million, put them back up for 50 million. Its like free monies.
Global is @honcho
On Champion
Living Coal LV 50 Fire/Fire Tank
Nature Boy LV 41 Earth/Kin Cont
Great Wacko LV 34 Robot/FF MM
plus many alts
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Wonders what the price is to commission bronx to make me the monez
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I'll give you a hint: It begins with the letter "Z" and ends with "job."
This week's niche will not show up until the end of this coming week. I'm out of town. 
Ya'll stick BotZ's in the meantime.
- Ping (@iltat, @Pinghole)
Don't take it personally if you think I was mean to you. I'm an ******* to everyone.
It's a penguin thing. Pingu FTW.
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From revealing the niche, the prediction should be that the price of crafteds overall should go down and the price of recipes should go up. These two would occur because, hopefully, a run of people would attempt to list theirs lowest to sell first until people started settling for less profit by listing below another common bid point, such as 55M even. If the run continued, people would continue to settle for less profit, thus resulting in the prices of recipes and crafteds arriving at an equilibrium that made the profit minuscule for awhile. Instead, it appears almost no one is heeding my advice.
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Or that everyone is heeding your advice to sit on it a few weeks.