The Flipper: Hero of the Markets
By
Another_Fan,
Posted on: 2010-09-25 10:53 in The Market and Inventions
Quote:
I can say from observation of my own personal behavior that this is true. I used to vendor 100% of common and uncommon salvage. Occasionally something was worth money, but not worth the extra trips/time.|
Originally Posted by Nethergoat
Second, by raising the price floor and making it worthwhile for players to sell instead of delete. |
Knowing that luck charms might be going for 50k+ each makes me think twice and possible take the time to list salvage rather than just delete it. But even if prices aren't high enough to justify my trip, once I am at the CH, I am likely to just list things anyhow. So even salvage without a "high" price has me adding to the supply available rather than deleting or vendoring it.
So, in short, flipping and creating a decent price for salvage not only encourages people to list it, it encourages them to just go ahead of list other stuff that was in their inventory at the time.
Quote:
Wait, you're complaining about Fulmens exposing L35 EndMod IOs?|
Originally Posted by Nethergoat
FULMENS broke the first rule of <Redacted> Club?!?!
I need to have words with that fellow! >:e |
You exposed the LotG niche I was making hundreds of millions off of.
If Fulmens goes down, you're going down, Goat!
Quote:
(Sorry to keep posting replies, btw; I keep finding fun things in this thread)|
Originally Posted by Nethergoat
If I'd known at the time you could vendor level 50 generics for 100k my head might have exploded.
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So, true story: the first night IOs were in the game, I spent hours running to the CH, placing bids for like 5-20k on common L50 recipes, and grabbing all the purchased ones, and running off to vendor them. I spent a few hours running back and forth, making 1-1.5M or so per trip.
I had spent days farming Rikti portals to save like 100M influence in preparation for IOs coming, because I wanted to be able to afford to buy the good stuff up.
By the time that first night was over, I'd nearly doubled my 100M just by shuttling common IO recipes to the vendor. If I had a dime for every time I heard, "I had no idea you could vendor these..." over the next couple weeks...
Quote:
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Originally Posted by Plasma
Wait, you're complaining about Fulmens exposing L35 EndMod IOs?
You exposed the LotG niche I was making hundreds of millions off of. If Fulmens goes down, you're going down, Goat! |
Well....uh.....that is.....LotG club didn't have any rules!
<.<
>.>
The Nethergoat Archive: all my memories, all my characters, all my thoughts on CoH...eventually.
My City Was Gone
Quote:
I think you had one rule: Profit!
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Originally Posted by Nethergoat
Well....uh.....that is.....LotG club didn't have any rules!
<.< >.> |
total kick to the gut
This is like having Ra's Al Ghul show up at your birthday party.
*pokes the dead horse*
/flee
I do miss this thread.
RagManX
"if the market were religion Fulmens would be Moses and you'd be L. Ron Hubbard. " --Nethergoat to eryq2
The economy is not broken. The players are
Quote:
/pokes Misaligned|
Originally Posted by Misaligned
*pokes the dead horse*
/flee |
/flex
Quote:
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Originally Posted by Jetpack
/pokes Misaligned
/flex |
Bad touch!
/NO!
/smack Jetpack on the nose
I used to get that a lot.
Quote:
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Originally Posted by Jetpack
I used to get that a lot.
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That's prolly cause you're an evil flipper making your billions every week by screwing the casual player - forcing them to buy your salvage for hundreds of thousands of inf when you pay only 1 for all of yours (not 1 each... just 1).
Srsly. Flipping salvage is not only highly profitable (screw crafting, flipping salvage is where its at) but immensely funny as well. You can sit there watching your sales roll in and have that warm fuzzy feeling knowing that the guy who just paid 500k for your spirit thorn is crying himself to sleep right now. I mean it was probably half his entire savings, but so what? Its not like he can go anywhere else and get one!!
Muwahahahahahahahaha!!
I have some crafted IOs I was flipping a few weeks ago. The price dropped terribly on them, and I'm trying to list my last 3 for less than I purchased them for. They are all 3 listed for 5,527,223. In the last 5 when I checked this afternoon, 3 sold for 10,000,000, 1 sold for 8,111,111, and 1 sold for 9,000,xxx (forget last 3 digits). Interestingly enough, I didn't get a single sale of my 3 listed IOs after almost a week. Almost a week, the price has been hovering right around the 10M mark, with multiple items selling per day, and someone is selling for less than me.
People, I'm *TRYING* to get rid of these at only a small loss. Too many folks out there just *WANT* to give far more than these items are listed for.
RagManX
"if the market were religion Fulmens would be Moses and you'd be L. Ron Hubbard. " --Nethergoat to eryq2
The economy is not broken. The players are
Reminds me of when our SG bins filled up and I realised nobody was taking anything from them. I grabbed a pile of good-stuff IOs that were just eating space and started listing them for four-digit numbers. They kept selling for eight-digit numbers, and that wasn't when I was posting stuff with existing bids. People walked up, looked at things and picked the number they wanted to pay when they could have paid so much less. Weirdoes.
Quote:
If there are crafted IOs listed, and no bidders, I always start off with a bid of 1111, just in case. (And to prove inflation is really happening -- I used to bid 111, but nowadays that just feels stingy.)
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Originally Posted by Talen Lee
Reminds me of when our SG bins filled up and I realised nobody was taking anything from them. I grabbed a pile of good-stuff IOs that were just eating space and started listing them for four-digit numbers. They kept selling for eight-digit numbers, and that wasn't when I was posting stuff with existing bids. People walked up, looked at things and picked the number they wanted to pay when they could have paid so much less. Weirdoes.
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Arc#314490: Zombie Ninja Pirates!
Defiant @Grouchybeast
Death is part of my attack chain.
I need to have words with that fellow!
>:e
The Nethergoat Archive: all my memories, all my characters, all my thoughts on CoH...eventually.
My City Was Gone