What to do about Market Blockers?


Adeon Hawkwood

 

Posted

I've noticed this whenever I'm on when a lot of other people are on. You'll go to buy basic salvage, and you'll see a whole bunch of it getting bought in a row at some low price and then all of a sudden the price is 200,000 inf.


My theory is that some people have gotten the idea to buy every bit a certain piece of salvage that goes on the market, until there's none left, and then turn around and immediately sell it at a higher price. So, if 10 people each put a clockwork winder on the market over the last 20 minutes, and 10 individual people show up and want to buy those winders, ordinarily they'd pay about 5k. But if a "market blocker" is on at the same time, the blocker will just put a few bulk offers in place, buy all 10 new CW winders, and force the 10 individuals who show up to pay them instead.

So, maybe people are trying to be generous by offering their spare salvage at say 5 inf per item, but it's not accomplishing anything. The "market blockers" just get a better margin when that happens.


 

Posted

Quote:
Originally Posted by Kitsune Knight View Post
Easy way to defeat those nasty (lol) market blockers: wait 5 minutes.
I'm not up 100% on every detail, but I seem to recall people tried that for lulz and found it was just too much to keep up with - too many other players doing their own thing, too many pieces of salvage showing up too quickly, etc. I think???


 

Posted

Quote:
Originally Posted by Clave_Dark_5 View Post
I'm not up 100% on every detail, but I seem to recall people tried that for lulz and found it was just too much to keep up with - too many other players doing their own thing, too many pieces of salvage showing up too quickly, etc. I think???
Exactly, long as you're not obscenely in the BUY IT NAO mode, it's not a big deal. And if you are? You pay a small premium for instant gratification.


Quote:
Originally Posted by ShadowNate
;_; ?!?! What the heck is wrong with you, my god, I have never been so confused in my life!

 

Posted

Quote:
Originally Posted by Kitsune Knight View Post
You pay a small premium for instant gratification.
Have done this many times..
post offer 2000 .. wait 10 secs.. cancel offer
post offer 4000 - wait 10 secs - cancel offer
post offer 50000 - ding its mine
When you only have a limited time to play, its worth it for me not to wait 4 minutes until my bid of 2000 is accepted


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Posted

Quote:
Originally Posted by Blue Lava View Post
Have done this many times..
post offer 2000 .. wait 10 secs.. cancel offer
post offer 4000 - wait 10 secs - cancel offer
post offer 50000 - ding its mine
When you only have a limited time to play, its worth it for me not to wait 4 minutes until my bid of 2000 is accepted
Pro tip: sometimes you have to wait more then 10 secs for a bid to fill. Go do a mish or 2 and come back to collect.


 

Posted

Quote:
Originally Posted by Sharker Quint 1 View Post
Pro tip: sometimes you have to wait more then 10 secs for a bid to fill. Go do a mish or 2 and come back to collect.
On the other hand, you'll probably make more than that 50,000 influence in your next mission anyway.



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Posted

Quote:
Originally Posted by Blue Lava View Post
Have done this many times..
post offer 2000 .. wait 10 secs.. cancel offer
post offer 4000 - wait 10 secs - cancel offer
post offer 50000 - ding its mine
When you only have a limited time to play, its worth it for me not to wait 4 minutes until my bid of 2000 is accepted
For larger amounts, instead of waiting while it's filled, bid then go do something else/log. 50k is pretty much just chump change, it's, what, ~a dozen kills at 50 (minions)?


Quote:
Originally Posted by ShadowNate
;_; ?!?! What the heck is wrong with you, my god, I have never been so confused in my life!

 

Posted

Quote:
Originally Posted by Berzerker_NA View Post
I've noticed this whenever I'm on when a lot of other people are on. You'll go to buy basic salvage, and you'll see a whole bunch of it getting bought in a row at some low price and then all of a sudden the price is 200,000 inf.
Common salvage is 8 tickets per random roll in the AE. Except it's not really "Random" since you get to select type (tech or arcane) and which level tier you want. So make your one to ten rolls, get what you wanted and sell the rest for 200k each after the "market blockers" have bumped up the price. Or save it for next time. I'm swimming in things like Alchemical Silvers due to salvage rolls.


 

Posted

Quote:
Originally Posted by Berzerker_NA View Post
My theory is that some people have gotten the idea to buy every bit a certain piece of salvage that goes on the market, until there's none left, and then turn around and immediately sell it at a higher price.
Sorta. Some of that is happening, but that's not why a price can go from 200inf to 200k inf.
Most items have more than one range of list prices. Lower prices are from people who're trying to move product. Higher prices are from people who have nothing better to do with their market slots that hold the high priced items.
At the end of every salvage stack is a lump of salvage that is extremely overpriced. Don't buy those ones. For common salvage especially, you need only wait a short while for some to list theirs for only a few inf.

Quote:
Originally Posted by Berzerker_NA View Post
So, if 10 people each put a clockwork winder on the market over the last 20 minutes, and 10 individual people show up and want to buy those winders, ordinarily they'd pay about 5k. But if a "market blocker" is on at the same time, the blocker will just put a few bulk offers in place, buy all 10 new CW winders, and force the 10 individuals who show up to pay them instead.
I have highlighted the error. Sellers never force anyone to pay. Impatient people CHOOSE to pay high prices because they CHOOSE not to bid what the flipper is paying and wait.
another pro tip: You can always buy an item for whatever that niche's flipper is paying +1inf.
Quote:
Originally Posted by Berzerker_NA View Post
So, maybe people are trying to be generous by offering their spare salvage at say 5 inf per item, but it's not accomplishing anything.
It IS accomplishing something--they're clearing out their salvage storage and their market slots while making a bit of inf off of unwanted goods.


 

Posted

If I'm in a hurry, or slotting a bunch at once, I've been known to spend 222k on a 2k item :P Inf is so easy to make, I don't sweat a few extra mil here and there.


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Posted

I love how people who can read DONT.
As I said -- "" When you only have a limited time to play, its worth it for me not to wait 4 minutes until my bid of 2000 is accepted ""
So waiting more than 10 seconds or going and running another mission while I wait is not an option I choose to use.. thus why I said what I said LOL
Just cuz I pays lots doesnt mean u haz to

PS - Always good to get a "PRO TIP" from someone registered on the forum March 2011 with 5 posts under their belt LOL


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Posted

I've bought stuff just to dick with the last 5 before. Actually its fun.


 

Posted

Quote:
Originally Posted by Blue Lava View Post
PS - Always good to get a "PRO TIP" from someone registered on the forum March 2011 with 5 posts under their belt LOL
I'd suspect that account is just a second account for Sharker_Quint, who's been here for several years.

edit oh no, too slow.


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Posted

Quote:
Originally Posted by Fulmens View Post
Yeah, Sharker, what's with the seekrit alt account?
Sorry. I had to let my account lapse for now, so I started a trial so I could still post. I'll probably be doing this for a little bit til things work out for me.

Quote:
PS - Always good to get a "PRO TIP" from someone registered on the forum March 2011 with 5 posts under their belt LOL
As for you Blue, I'll let this go for now. Do not let anyones forum join date fool you as to how long they have been playing or participating on the forums. as for the rest of what you said, if you have limited play time then placing a bid and actually playing the game then coming back to collect makes perfect sense.


 

Posted

Quote:
Originally Posted by Berzerker_NA View Post
I've noticed this whenever I'm on when a lot of other people are on. You'll go to buy basic salvage, and you'll see a whole bunch of it getting bought in a row at some low price and then all of a sudden the price is 200,000 inf.
When you see a really huge price jump in the buy it nao for a salvage item (such as from 10K to 200K) what it normally means is that not enough people are flipping that salvage.

The stock of most salvage tends to be heavily banded. You get a chunk of it which is hovering around the market price but this chunk trends to get very fast sell through. If it hits a low ebb (due to a bunch of buyers hitting the market together) the "market price chunk" can potentially sell out. When this happens you are reliant on the reserve stock of the item which for salvage tends to consist of offers people put up at high prices either back during the AE farms (when salvage prices were high) or on lesser used alts for the heck of it (see: Fulmen's 2 billion inf luck charms).

The "solution" for this is either for sellers to price their salvage higher so it doesn't sell out or for a flipper to do ti for them.


 

Posted

Quote:
Originally Posted by Berzerker_NA View Post
I've noticed this whenever I'm on when a lot of other people are on. You'll go to buy basic salvage, and you'll see a whole bunch of it getting bought in a row at some low price and then all of a sudden the price is 200,000 inf.
When you see this happen, it means that one person has put in a bid at 200,000k, which was instantly filled, probably by someone who posted their salvage up for 5 or 100 inf. Highest bid is matched with lowest sale price, remember.

Sometimes other people will come in, see the 200k in the history, and assume that's how much the item "costs", and you see a bunch of bids at 200k, 500k, and so on.

Remember: if something sold for 200k, it may or may not have been priced at 200k - but you can be dead certain that someone *offered* 200k for it.




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Posted

In addition to what Silver Gale said, there's been multiple times where I've bid SIGNIFICANTLY under the last 5 price on common salvage (as in, bidding 1 inf) and got it instantly filled. Back before the market merger, I used to list my common salvage for just 1 inf (except a couple actually GOOD ones), and they'd go for anywhere from 1 (very rare) to upwards of close to 100k. Some people will just put in a HIGH price to not have to wait (I've done that before... a high price of '10,000' isn't worth worrying over!).


Quote:
Originally Posted by ShadowNate
;_; ?!?! What the heck is wrong with you, my god, I have never been so confused in my life!

 

Posted

Something that I've seen happening (especially with "in demand" items like Luck Charms,) is that the price is consistently fairly high, and there are often hundreds of bids. Someone will show up at the market, and either be in a hurry, or they don't want to pay the transaction fees on a high selling price. And since the last five Luck Charms sold for 50,000 each, they figure it'll be a huge profit, so they sell off a big stack at 5 inf each. And it turns out that the hundreds of standing bids are all for 500 inf each, so that's what the stack sells for. Then someone else shows up, who simply wants to craft a given recipe right now. This person knows that Luck Charms are all over the place, and simply doesn't want to wait. So they throw down a bid for 200,000 because they know that's well over the "buy it now" price and they have the money to spare. Ta-da! No conspiracy needed.


 

Posted

Quote:
Originally Posted by Sharker Quint 1 View Post
As for you Blue, I'll let this go for now. Do not let anyones forum join date fool you as to how long they have been playing or participating on the forums. as for the rest of what you said, if you have limited play time then placing a bid and actually playing the game then coming back to collect makes perfect sense.
Ill let your first remark go as I could care less what you think about me or how much of a vet you are or are not. Forum trawler? Perhaps, seeing as you started a trial account just so you can keep posting on the boards.

As I said.. if I have limited game play time and am at the BM to buy and then craft something, why bid then leave then come back to check and see if my salvage was bought. I prefer to just pay a little something extra in order to NOT WAIT. If I want it now, then I want it now.. Not after 2 missions.
My original post was intended to give the OP one reason they may encounter the price differential.


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Posted

Quote:
Originally Posted by Blue Lava View Post
As I said.. if I have limited game play time and am at the BM to buy and then craft something, why bid then leave then come back to check and see if my salvage was bought. I prefer to just pay a little something extra in order to NOT WAIT. If I want it now, then I want it now.. Not after 2 missions.
We don't mean 'come back later that session', we mean 'bid then go about your business, and grab your loot next play session'. If you've got money to spare, then just pay the premium to begin with and not worry about it (no ones saying not to do that)- but if you're trying to get more expensive stuff (as in, the 100+ million - 2 billion items), the difference between BUY IT NAO and waiting a day+ is likely to be MASSIVE.


Quote:
Originally Posted by ShadowNate
;_; ?!?! What the heck is wrong with you, my god, I have never been so confused in my life!

 

Posted

Quote:
Originally Posted by Kitsune Knight View Post
but if you're trying to get more expensive stuff (as in, the 100+ million - 2 billion items), the difference between BUY IT NAO and waiting a day+ is likely to be MASSIVE.
100+ Million - 2Billion inf items are not what the OP's OP was in regards to
Quote:
Originally Posted by Berzerker_NA View Post
I've noticed this whenever I'm on when a lot of other people are on. You'll go to buy basic salvage, and you'll see a whole bunch of it getting bought in a row at some low price and then all of a sudden the price is 200,000 inf.
and not what I responded about
Sorry, really not trying to be Mr Jerk here, but all I was doing was giving myself as an example to why the OP might see the large difference in salvage prices and now I have people telling me how I should spend my inf on game and my time. Ridiculous !


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Posted

There has literally never been something I wanted to craft that I needed to craft right then. Now, I'm not saying I won't get impatient and pay far more than I need to in order to have it right when I decided I wanted it. You know what? When I do that, I am encouraging people to do what's described in the OP. (Note that, as other posters have mentioned, sweep-and-relist is not always what's going on here.)

When I'm not being impatient, I post bids when I'm done playing, so that I can bid overnight or whatever, which vastly increases the odds that someone will come in and list at a price I'm more willing to pay at a time no one is outbidding me. Unless I am bidding woefully low compared to what others are bidding, I probably buy what I was after 95% of the time (actual number created from thin air). The point is that the key to saving money on bids is to plan ahead and not try to bid on something the very moment when you want to have it to play with.

The other thing to mention is that 200k for salvage is spit to an awful lot of people. If I don't need a stack of 18 pieces or something, I balk at something like that only on irrational principle, not because I would actually notice spending it.


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Posted

Quote:
Originally Posted by Blue Lava View Post
100+ Million - 2Billion inf items are not what the OP's OP was in regards to
I believe I replied to you, not the OP. The quote that was referring to was talking about being at the BM to "buy and then craft something". All people were doing were pointing out alternatives, as well as the fact that the BM/WW can occasionally take several seconds just to register something being posted.

There's no reason to get antsy, no one's saying omg you can't do that!!!!, just pointing out alternatives that are applicable to the OP's original question: "What to do about Market Blockers?" - the two good answers being pay it and suck it up, or to place a bid and wait a little bit. Both are fine answers, neither is intrinsically better or worse than the other.


Quote:
Originally Posted by ShadowNate
;_; ?!?! What the heck is wrong with you, my god, I have never been so confused in my life!