Farming - 6 Months on


Alphane

 

Posted

Hi,

about 6 months ago this Thread was started and got very heated among some of us.

We are now 6 momnths on from this and I would like to say that those that predicted salvage prices would fall from this were correct.

Yesterday I got dropped a Mu Vestment and a Black Blood of the Mandate. These used to sell for 2 - 3 million inf each, and yesterday they sold for 600,000 and 60,000 inf respectively.

No point to this thread apart from pointing out that some people who seemed to be so anti-farming to the point of it must be removed and stopped at all costs were wrong as we now all benifit


 

Posted

Friday already? Where did the rest of the week go? O_o


 

Posted

It was an update cos ims serves I or someone said they would list prices 6 months after and yesterdays little profit reminded me of this. Not meant as a troll or anything, more of just an update


 

Posted

Do explain how a profit can be made if the prices dropped from 2-3 million to 600k?


 

Posted

[ QUOTE ]
Do explain how a profit can be made if the prices dropped from 2-3 million to 600k?

[/ QUOTE ]

The same way that you are happier if a sandwich is cheaper, unless you sell sandwiches for a living that is.

I've never taken a stand for or against farming, because I was never convinced it bothers me, and I can't say I find it fun to do it myself. However this question I found so silly, I couldn't help myself.


Shadowplay - Scrapper DM/DA SL 50
Doctor Storm- Brute SS/Elec SL 50
"speed boosts someone in the face" - Cognito

 

Posted

And at the same time, Chronal Skips gone from 50k to over 3mil


 

Posted

[ QUOTE ]
[ QUOTE ]
Do explain how a profit can be made if the prices dropped from 2-3 million to 600k?

[/ QUOTE ]

The same way that you are happier if a sandwich is cheaper, unless you sell sandwiches for a living that is.

I've never taken a stand for or against farming, because I was never convinced it bothers me, and I can't say I find it fun to do it myself. However this question I found so silly, I couldn't help myself.

[/ QUOTE ]
I do understand the profit in it being cheaper for you to buy but not selling...
And since Taurus were selling... How can profit be made?


 

Posted

QR

All it proves is that prices have changed. Nothing. Else.


@Jay Leon Hart
Kerensky: this has nothing to do with underwear
Zwillinger: I put on my robe and wizard hat...
Synapse: I had to resist starting my last post off with "Yo dawg!"

 

Posted

[ QUOTE ]
And since Taurus were selling... How can profit be made?

[/ QUOTE ]

Because he can now buy Mu Vestments cheaper when he needs them? I don't think he actually makes a living selling the blasted things.


Shadowplay - Scrapper DM/DA SL 50
Doctor Storm- Brute SS/Elec SL 50
"speed boosts someone in the face" - Cognito

 

Posted

[ QUOTE ]
And at the same time, Chronal Skips gone from 50k to over 3mil

[/ QUOTE ]

Darn! I know i should keep that one

I think farmers must work harder Deific Weapons are way too expensive and i need 2 of them.


 

Posted

[ QUOTE ]
[ QUOTE ]
And since Taurus were selling... How can profit be made?

[/ QUOTE ]

Because he can now buy Mu Vestments cheaper when he needs them? I don't think he actually makes a living selling the blasted things.

[/ QUOTE ]
From the OP.
[ QUOTE ]
as we now all benifit

[/ QUOTE ]

How can profit be made for those that sell?(this is about those two pieces of salvage mentioned in the OP so no bringing in other salvage)


 

Posted

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All it proves is that prices have changed. Nothing. Else.

[/ QUOTE ]

I actually agree, it can't be use as a definitive argument for farming, unless you actually put in context. However I think the point was made because one of the basic arguments against farming, that I've heard of at least, flooding a market with a product that can't be consumed in bulk will raise it's price because more money exists now.


Shadowplay - Scrapper DM/DA SL 50
Doctor Storm- Brute SS/Elec SL 50
"speed boosts someone in the face" - Cognito

 

Posted

[ QUOTE ]
How can profit be made for those that sell?(this is about those two pieces of salvage mentioned in the OP so no bringing in other salvage)

[/ QUOTE ]

You are right, if you where using the actual market to make a profit, thus actually becoming a middle man, then your ability to profit has been penalised.

However the definition of profit does not limit itself to financial gain, it's basically any gain, right now the gain is that it's cheaper to get something that is occasionally of use to you.


Shadowplay - Scrapper DM/DA SL 50
Doctor Storm- Brute SS/Elec SL 50
"speed boosts someone in the face" - Cognito

 

Posted

I think the only reason why some magic salvages have dropped in price is because now Council drop both magic and tech salvage. Being Council a faction that everyone faces from lvl 1 to 50 makes lots more magic salvage available hence the price drop. Not that I am against farming myself, I do farm (heck, recipes are also expensive) but I think the real reason for salvage prices lowering is the Council.

Haven't seen purple sets, Luck of the Gambler, Numina's Convalescence, Regenerative Tissue, Scirocco's Dervish going lower on price (actually Numina's unique fluctuates wildly sometimes), so not sure the impact farming has to either low or raise prices.


 

Posted

[ QUOTE ]
I think the only reason why some magic salvages have dropped in price is because now Council drop both magic and tech salvage. Being Council a faction that everyone faces from lvl 1 to 50 makes lots more magic salvage available hence the price drop. Not that I am against farming myself, I do farm (heck, recipes are also expensive) but I think the real reason for salvage prices lowering is the Council.

Haven't seen purple sets, Luck of the Gambler, Numina's Convalescence, Regenerative Tissue, Scirocco's Dervish going lower on price (actually Numina's unique fluctuates wildly sometimes), so not sure the impact farming has to either low or raise prices.

[/ QUOTE ]

Or people tend to choose magic origin groups mostly; like CoT or Carnies.


 

Posted

[ QUOTE ]
Do explain how a profit can be made if the prices dropped from 2-3 million to 600k?

[/ QUOTE ]

1. I said little profit

2. I didnt have the items before, I found the items (free)

3. I sold the items

4. Had extra influence.

Sounds like a profit to me, however a smaller one than 6 months ago


 

Posted

[ QUOTE ]
[ QUOTE ]
Do explain how a profit can be made if the prices dropped from 2-3 million to 600k?

[/ QUOTE ]

1. I said little profit

2. I didnt have the items before, I found the items (free)

3. I sold the items

4. Had extra influence.

Sounds like a profit to me, however a smaller one than 6 months ago

[/ QUOTE ]
But as you said. Compared to a few months ago you did not make a profit if you compare the prices.
Kinda like the Funcom stocks.


 

Posted

[ QUOTE ]
Hi,

about 6 months ago this Thread was started and got very heated among some of us.

We are now 6 momnths on from this and I would like to say that those that predicted salvage prices would fall from this were correct.

Yesterday I got dropped a Mu Vestment and a Black Blood of the Mandate. These used to sell for 2 - 3 million inf each, and yesterday they sold for 600,000 and 60,000 inf respectively.

No point to this thread apart from pointing out that some people who seemed to be so anti-farming to the point of it must be removed and stopped at all costs were wrong as we now all benifit


[/ QUOTE ]

These results are highly contaminated because of the introduction of an extremely popular, new TF, the ITF, which drop's magic salvage. You have particularly pulled out two peices of rare magic salvage which gives an extremely warped picture.

Look at the prices before the introduction of the ITF (no difference in change, or getting slightly higher).

Look at the prices of non-magic salvage now (huge rises).

Look at the prices of purple recipe drops (higher then ever).

You simply cant look at these two items and say "ho ho ho I was right". The market it determined by a lot more than farming, although farming has an effect.


 

Posted

well, there's 2 ways of looking at it, really.

1>....this thread also proves that from time to time, when you think you're getting a half decent drop, that 'might' sell well on WW or BM, you find what you believed to sell for 2 million (when you quite possibly needed 2 million) only sells for 600,000, instead. and you're gutted. You think 'Curse those farmers' and get on with your day.

2> on the flip side, if you're buying, it's great!

I can't help wondering though (as I'm intrigued), people who farm to get a lot of drops - do you still make money, on the farming part, more so than you'd make selling a 2 million inf orange / rare drop?


 

Posted

zomg chatarsis I am honestly tryin to see the point u are making, but cant - as bright eyes and Tuarus has said :

(1) he got items as drops ie FREE
(2) he sold em on the market for a price ie for MONEY
(3) hence before sale - 0 (zero influence); and after sale he had more influence (ie NOT zero). Therefore profit was made. Okay 6 months ago - he had a few million profit; and now 6 mths on he has only a few thousand profit - but its all profit.

this statement just doesnt make sense:

[ QUOTE ]
But as you said. Compared to a few months ago you did not make a profit if you compare the prices.

[/ QUOTE ]

6mth ago -
Mu vestment - 6 million influence => 6 mill profit

now-
Mu vestment - 600 000 influence => 600 000 profit


its not like tuarus bought stuff 6mths ago for a few million and was only able to sell em now for a few thousand. He got them as DROPS ie Free

back to the point though - I too have no pros/cons re: farming. Not bothered by it. Think arguments regarding the effect on the market once again do not favour or disapprove farming - all it proves is (as has already been said) that markets are fluid.

my 2 pence.


 

Posted

And if anyone thinks that the prices on the AH are sane, I will say one thing: Scientific Theory.

This is a Common (yes, Common) tech salvage drop. I forget which level range it drops over, but I'm sure some generous and enterprising soul can tell me.

So, given that this is a Common salvage drop, can anyone explain to me how come they now sell for a solid 15,000 inf, and over DXP weekend were seen to sit at a stable (last 5 sales) 200,000 (peaked at 300,000 at one point)?

Could it be that people aren't farming tech-dropping enemies any more? I have no idea, but I can make a serious profit putting the smack-down on some Rikti or Freaks.


The wisdom of Shadowe: Ghostraptor: The Shadowe is wise ...; FFM: Shadowe is no longer wise. ; Techbot_Alpha: Also, what Shadowe said. It seems he is still somewhat wise ; Bull Throttle: Shadowe was unwise in this instance...; Rock_Powerfist: in this instance Shadowe is wise.; Techbot_Alpha: Shadowe is very wise *nods*; Zortel: *Quotable line about Shadowe being wise goes here.*

 

Posted

Drops mid level (26-34).


Shadowplay - Scrapper DM/DA SL 50
Doctor Storm- Brute SS/Elec SL 50
"speed boosts someone in the face" - Cognito

 

Posted

Ick Scientific Theory is bad, worst I've seen though (at least Villainside) is Rune, which can hit 50k some days. I have 10 on a permanent order at 10k each and have yet to purchase a single one :S

26-34 you say.....hmmmmm Oroborous looms...


I don't wanna save my soul now,
I just wanna lose control,
And even if it takes a lifetime, to learn:
I'll learn!

 

Posted

Prices on salvage has gone up a fair bit now, but i think thats mostly aftermath of DXP weekend, where lots of people got levels and wanted to IO themselves out.


 

Posted

[ QUOTE ]
And if anyone thinks that the prices on the AH are sane, I will say one thing: Scientific Theory.

This is a Common (yes, Common) tech salvage drop. I forget which level range it drops over, but I'm sure some generous and enterprising soul can tell me.

So, given that this is a Common salvage drop, can anyone explain to me how come they now sell for a solid 15,000 inf, and over DXP weekend were seen to sit at a stable (last 5 sales) 200,000 (peaked at 300,000 at one point)?

Could it be that people aren't farming tech-dropping enemies any more? I have no idea, but I can make a serious profit putting the smack-down on some Rikti or Freaks.

[/ QUOTE ]

Hi,

About common salvage prices, I suggest to read the US market board and you will understand Scientific Theory ( or others common salvages ) are/were that expensive.

The Marketeers make profit by flipping the price on common salvages not rares ( or rare too but in a lesser extend ).