Why Flippers Ruin the Economy!
By
Adeon Hawkwood,
Posted on: 2010-10-11 24:35 in The Market and Inventions
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Another similar story, I was working on field crafter for one of my characters and had a handful of level 40 jump IOs to sell (or was it level 35?). I know from experience that Jump IOs do tend to sell but somewhat slowly. Anyway the last 5 market price was about 500k which seemed high so I listed them for about 150k and left it at that. However they didn't sell for several days despite the last 5 prices remaining at 500k. I was a bit surprised and decided to see what the ones on the market were going for. I ended up buying 5 of them for 1, 10k, 10k, 100k, 100k.
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Originally Posted by Nethergoat
tonight I needed an Ancient Bone.
There were 10 on the market. last 5 between 100k-1m. I bid 5555 and picked it up about ten seconds later. what's it mean? Who knows, besides people listing junk salvage for junk prices no matter how low supply gets. |
Quote:
on Crafticus I've been working on a sort of a depth gauge technique for moving IOs, since he crafts them in big piles, I don't want them sitting around clogging up the base AND I still want to turn a profit.|
Originally Posted by Adeon Hawkwood
Another similar story, I was working on field crafter for one of my characters and had a handful of level 40 jump IOs to sell (or was it level 35?). I know from experience that Jump IOs do tend to sell but somewhat slowly. Anyway the last 5 market price was about 500k which seemed high so I listed them for about 150k and left it at that. However they didn't sell for several days despite the last 5 prices remaining at 500k. I was a bit surprised and decided to see what the ones on the market were going for. I ended up buying 5 of them for 1, 10k, 10k, 100k, 100k.
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So I have 10 of whatever in my inventory, plus a bunch in base storage.
I sacrifice a couple to the mob to find the bidding floor. If that floor is high enough to support my profit margin, that's where I list. Last night I insta-sold 20 level 35 and 40 damages for 3-400k.
If I *don't* like the price point, I list everything for a few inf above it- barring a sudden influx of supply, I'm pretty much guaranteed to clear my inventory at whatever the bulk of the 'last 5' suggests.
=)
The Nethergoat Archive: all my memories, all my characters, all my thoughts on CoH...eventually.
My City Was Gone
Yeah, it's amazing how much people will pay for stuff without even trying lower prices.
I'm starting to wonder if I shouldn't do all purchasing on things without outstanding bids by trying 1 inf first. I know that's what I list at about half the time.
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I periodically play a game where I skim through the market throwing out ridiculously insulting lowball bids for 'good' crafted IOs, like 50k for stuff 'worth' ten million, or a million for stuff 'worth' 50 million. |
Originally Posted by seebs
Yeah, it's amazing how much people will pay for stuff without even trying lower prices.
I'm starting to wonder if I shouldn't do all purchasing on things without outstanding bids by trying 1 inf first. I know that's what I list at about half the time. |
I'm always surprised by how much stuff I end up with at the end of my sweep.
A player with a higher boredom threshold and less curiosity than myself could probably make a living off this hobby.
The Nethergoat Archive: all my memories, all my characters, all my thoughts on CoH...eventually.
My City Was Gone
Quote:
Funny you should say that. At one point, I had a toon who was level 8, and had ~200k in inf. And I was going to delete her, so I speculated on level 50 IOs, bought as much as I good, and put the enhancements in my base, then sold them on another toon. Probably 50M.
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Originally Posted by Nethergoat
I periodically play a game where I skim through the market throwing out ridiculously insulting lowball bids for 'good' crafted IOs, like 50k for stuff 'worth' ten million, or a million for stuff 'worth' 50 million.
I'm always surprised by how much stuff I end up with at the end of my sweep. A player with a higher boredom threshold and less curiosity than myself could probably make a living off this hobby. |
There were 10 on the market.
last 5 between 100k-1m.
I bid 5555 and picked it up about ten seconds later.
what's it mean? Who knows, besides people listing junk salvage for junk prices no matter how low supply gets.
I've been rich, and I've been poor. Rich is definitely better.
Light is faster than sound - that's why some people look smart until they speak.
For every seller who leaves the market dirty stinkin' rich,
there's a buyer who leaves the market dirty stinkin' IOed. - Obitus.