Am I hurting the market?


all_hell

 

Posted

To @OP:

Quote:
So is my market habits a bad thing to the greater good of the Market or does it not matter in the least?
This.

By and large, a few transactions here or there, make virtually zero detectable
difference in our market.

Even in the case where concerted efforts to manipulate a niche occur
(most recently, by buying out everything in it, and deleting it - causing an
arbitrary shortage), the effect to the market as a whole is negligible and
the effect in the specific niche typically only lasts minutes.

In the 88'rs, we're dealing with Billions of Inf, and even that has no appreciable
effect on the market (that we can definitively attribute to our transactions).

Your transactions for a few hundred K aren't even a ripple in the pond.

I also disagree with Lohenien that this is a "negative" transaction.

Basically all that has happened is that you've created a bargain for the
next buyer.

Maybe it's a flipper, maybe it's an end-user... Who Cares?

If it's a flipper, the item will be repriced back to "normal" price and be
placed back on the market.

If it's an end-user, he got a bargain if he bid low, and is now pleasantly
surprised and happy, or more likely, he paid normal price anyway, and is
happy he got his item at the price he expected, even if he's blissfully
unaware that there was a bargain in the first place.

Where's the negative?

If there is a negative, it is to YOU. You run the risk of selling your item for
a loss (if you list for 1, and I bid for 1, you lose inf on the fee).

For low-value stuff, it's probably nbd, but for high value, that could sting a bit.

So, my advice would be: list at the least amount you'd be satisfied with...

For low value items, 1 is fine - on average you'll still make inf.

For high value items, you'll at least get a decent price that way.

That said, if you're happy with the prices you received for those items, it's
all good. Rest assured it didn't impact the market at all...


Regards,
4


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.

 

Posted

Quote:
Originally Posted by BigBlueMachine View Post
My habit being to sell every non orange piece of salvage I find for 1 single INF regardless of selling price and time of the day/week (I just save the oranges till aforementioned IOing time or I find one worth more pretty pennies than I can turn my head at).

So is my market habits a bad thing to the greater good of the Market or does it not matter in the least?
I think it probably has very close to no effect whatsoever. If it does have an effect, it's probably a good one. It certainly has a good effect on you, it frees up WW slots faster.


 

Posted

Quote:
Originally Posted by Nethergoat View Post
The only way you can hurt the market is if you don't call it the day after a nice evening out.
Lately, I've been feeling like the market owes me a phone call the morning after.

And maybe a nice breakfast.


 

Posted

Quote:
Originally Posted by BigBlueMachine View Post
A legitimate question to all the Marketeers.

So for the last several issues worth of time I've established a habit which has left every last character I've ever made completely worry free for INF till it's time to start IOing said character (usually around 30).

My habit being to sell every non orange piece of salvage I find for 1 single INF regardless of selling price and time of the day/week (I just save the oranges till aforementioned IOing time or I find one worth more pretty pennies than I can turn my head at).

So is my market habits a bad thing to the greater good of the Market or does it not matter in the least?

A sincere question to all of the Economic geniuses found here. I would like to know if what I've been doing to make things easier on myself is/has in some way potentially made something worse for someone else.

To those who think "I'm doing it wrong because I could making SOOOO MUCH more" or some such. Please don't reply in thread, I've never tried to max it out and don't care to ... I've only tried to alleviate my preIOing INF needs, nothing more.

Thanks in advance!
I dump all my salvage for 222 and make millions....


 

Posted

Quote:
Originally Posted by Lohenien View Post
No flippers buy low and sell at normal prices.

Manipulators buy low and list higher than normal prices.
You mean it all comes down to semantics?

One person's flipping is another person's manipulating? Go figure.

*(You know why? Because in my niches, I set the "normal" price! Muahaha...)*


 

Posted

personally I very rarely sell salvage. I think if you have spare salvage you aren't crafting enough.

that said if you have to unload salvage, just dump it sells fast and you won't be making much less if you sat on the sell order for any amount of time.


However; all this talk of flippers and what not in the salvage market is small potatoes, what does annoy me are the salvage destroyers, they'll pick an item and buy 99% of the stock and delete it.

It's their 15 bucks and I never say they are wrong or not playing the game right. but man it is annoying to have to trek all the way to AE to get common salvage at 3am.


Card Carrying DeFulmenstrator--Member Crazy 88s
We burn more Influence before 8am than you make all day.

 

Posted

Thank you all for your insight and opinions.

I will continue on with assurance that I am not making things harder on anyone or having some unforeseen impact down the line that my nonArcana type brain would just overlook.

Also, thanks for none of the "blah blah blah, you're doing it wrong, you need to make all teh moneyz to feel like a reel man blah blah blah" crap.

An aside, since my own personal 1INF ripple doesn't impact anyone concerning salvage - is it safe to apply the same reasoning towards enhancements (crafted and non)? Or is there a mysterious variable due to the difference? If I should start crafting (for other needs than my own IOing) were I to hypothetically march on the way I have does my minimalist pricing still stay nice and uneventful in the grand scheme?

*dear Market, I will call more often baby ... promise XOXOXOX*


feel free to not reach me in the City @Does Not Exist.
All other locations I can not be reached in are =
XBL- BigBlueMachine/Steam - BigBlueMachine/PSN-BigBlueMachine/ RL aggro - "Husband","Daddy","HeyYou!" and "blue"

 

Posted

Quote:
Originally Posted by BigBlueMachine View Post
An aside, since my own personal 1INF ripple doesn't impact anyone concerning salvage - is it safe to apply the same reasoning towards enhancements (crafted and non)? Or is there a mysterious variable due to the difference? If I should start crafting (for other needs than my own IOing) were I to hypothetically march on the way I have does my minimalist pricing still stay nice and uneventful in the grand scheme?
Absolutely. The 'worst' that happens is that your IOs are snapped up by a flipper, and resold for more. And even in that case, there's the small side benefit of two lots of market fees taking inf out of circulation. From an inflation pov, the more trips an IO makes through the market, the better.

Or, occasionaly, someone will get a real bargain. I've accidentally bought the odd IO at 1 inf when placing bids for non-buying purposes, and always felt slightly surprised and a little guilty.

But, really, so long as you're happy with the inf you're getting, all is good.


Arc#314490: Zombie Ninja Pirates!
Defiant @Grouchybeast
Death is part of my attack chain.

 

Posted

Quote:
Originally Posted by Grouchybeast View Post
Or, occasionaly, someone will get a real bargain. I've accidentally bought the odd IO at 1 inf when placing bids for non-buying purposes, and always felt slightly surprised and a little guilty.
I just logged onto a character to find I had bought a crafted IO for 15 inf then sold it instantly for 15mm. I felt very surprised and not in the slightest bit guilty...


Ooh, a sarcasm detector. Oh, that's a *real* useful invention. http://www.telegraph.co.uk/technolog...t-sarcasm.html

 

Posted

Quote:
Originally Posted by Yomo_Kimyata View Post
I just logged onto a character to find I had bought a crafted IO for 15 inf then sold it instantly for 15mm. I felt very surprised and not in the slightest bit guilty...
I was actually trying not to buy anything, though. I kind of wished there was a button for 'I didn't mean it, have it back'.


Arc#314490: Zombie Ninja Pirates!
Defiant @Grouchybeast
Death is part of my attack chain.

 

Posted

As others have said: from the standpoint of the MARKET there's nothing wrong with selling too cheaply.

From the standpoint of your personal economy, if it bothers you that someone bought a thing for less than it cost you to make it and sold it for fifteen million, then you shouldn't list for near-zero prices. The advice I heard [and repeated] in the early days of the market was, never list for a price you'd be unhappy to actually get.


Mini-guides: Force Field Defenders, Blasters, Market Self-Defense, Frankenslotting.

So you think you're a hero, huh.
@Boltcutter in game.

 

Posted

Quote:
Originally Posted by Fulmens View Post
As others have said: from the standpoint of the MARKET there's nothing wrong with selling too cheaply.

From the standpoint of your personal economy, if it bothers you that someone bought a thing for less than it cost you to make it and sold it for fifteen million, then you shouldn't list for near-zero prices. The advice I heard [and repeated] in the early days of the market was, never list for a price you'd be unhappy to actually get.
I'm a bit sad this way, for Invention Set recipies I follow the same logic when purchasing them. Any recipe I buy I'll spend at least 15,000 on it. Mostly because when I dump-list the same sort of recipies (generally for 5 inf for almost all of them) and come back to find they sold for 10 inf I get a little cheesed off, even though it's completely my own fault.


 

Posted

Quote:
Originally Posted by Carnifax_NA View Post
I'm a bit sad this way, for Invention Set recipies I follow the same logic when purchasing them. Any recipe I buy I'll spend at least 15,000 on it. Mostly because when I dump-list the same sort of recipies (generally for 5 inf for almost all of them) and come back to find they sold for 10 inf I get a little cheesed off, even though it's completely my own fault.
I usually bid as a minimum the amount that the item could have been vendored for +10% market fee and of course ending in 39. I hate to sell something below vendor price myself.


 

Posted

Quote:
Originally Posted by Carnifax_NA View Post
I'm a bit sad this way, for Invention Set recipies I follow the same logic when purchasing them. Any recipe I buy I'll spend at least 15,000 on it. Mostly because when I dump-list the same sort of recipies (generally for 5 inf for almost all of them) and come back to find they sold for 10 inf I get a little cheesed off, even though it's completely my own fault.
I am very confused; you list something on the market and get cheesed when someone buys it for TWICE what you asked?


I wish I had those problems.


Card Carrying DeFulmenstrator--Member Crazy 88s
We burn more Influence before 8am than you make all day.

 

Posted

I sell all of my salvage for 1 or 7, depending upon the day, just to free up the spots that much faster.

Am I hurting the market as well? I really don't think it even notices me.


Enjoy your day please.

 

Posted

Thanks for the addendum to the answer.

I'm sorry if I gave the impression that I was worried about my personal economy, it certainly isn't the case and I tried my best to convey how much of a non issue that was. I just know that some others here possess the super mega kind of brain power that can do teh maths with the ease of a greased pig and after a discussion about the in game economy it occurred to me my actions might stretch past any intentions or lack there of ... so I asked.

I would hate to damage some part of something I hold dear, especially if it was something I was doing that I could easily change.

All me questions have been squashed, many thanks Brain Trust!


feel free to not reach me in the City @Does Not Exist.
All other locations I can not be reached in are =
XBL- BigBlueMachine/Steam - BigBlueMachine/PSN-BigBlueMachine/ RL aggro - "Husband","Daddy","HeyYou!" and "blue"