Patience is the ULTIMATE VIRTUE
By
Adeon Hawkwood,
Posted on: 2011-05-29 17:09 in The Market and Inventions
500 millions over 154 days = 3.24 millions per day.
Congratulations on your sale, but I'm glad I'm impatient. If I was happy with those amounts of influence, I would never be able to purple my warshades.
Quote:
Dunno when you logged in or on what server, but at least over on Pinnacle during the Praetorian Invasion, the Ski Chalet was turned back on and left on for a short time after, so that may be why.
|
Originally Posted by Nethergoat
/edit
also, it was really weird- I logged in the Goat, who was inside the ski chalet, and instead of lagging out then spitting me into Pocket D it just....left me there. I hopped around a bit, did a ski run, got a time.....very strange. |
"You don't lose levels. You don't have equipment to wear out, repair, or lose, or that anyone can steal from you. About the only thing lighter than debt they could do is have an NPC walk by, point and laugh before you can go to the hospital or base." -Memphis_Bill
We will honor the past, and fight to the last, it will be a good way to die...
Quote:
the point isn't inf per day, the point is outside circumstances made my original asking price ridiculous but it was redeemed by extreme patience.|
Originally Posted by Nihilii
500 millions over 154 days = 3.24 millions per day.
Congratulations on your sale, but I'm glad I'm impatient. If I was happy with those amounts of influence, I would never be able to purple my warshades. |
And as noted, Mope isn't a marketeering character, he's an experimental model- all he does is play 'normally' and sell drops so he doesn't need slots or care about efficient inf generation.
The Nethergoat Archive: all my memories, all my characters, all my thoughts on CoH...eventually.
My City Was Gone
Quote:
Just thought I'd hop in and say welcome back, Goat!
|
Originally Posted by Nethergoat
I logged in last night for the first time in a good long while- insane toddlers negatively impact your ability to play video games, who knew?
|
Quote:
| the point isn't inf per day |
Quote:
| Patience is the ULTIMATE VIRTUE |
Quote:
| I will henceforth be the ultimate apostle of the value of PATIENCE in high end marketeering. |
I see lots of people around here who seriously believe selling an item for, say, a 100m benefit over 2 weeks is better than selling that same item for a 30m benefit daily, so it didn't seem too much of a stretch to assume this thread was entirely serious.
Quote:
Ah, I was wondering where you'd gotten to. Welcome back.
|
Originally Posted by Nethergoat
insane toddlers negatively impact your ability to play video games, who knew?
|
Miracle Uniuqes are worth nowhere near 500 mil, so I'd chalk it up to "typo", and thus, it means little for marketing other than people sometimes make mistakes.
However, gratz all the same. Getting overpaid to that level is pretty epic. And you only had to wait 6 or so months for the result. Lawl.
I take the Walmart approach. Low margin high volume. You like the Tiffany's approach. That's fine, too.
Your rule that items with 0 available are under-priced is a good rule.
The Ski Chalet was the game rewarding you for your marketness. In that moment, CoH was bowing to the goat.
But for me, the ultimate virtue in a video game is fun.
The best comics are still 10�!
My City of Heroes Blog Freedom Feature Article: "Going Rageless?"
If you only read one guide this year, make it this one.
Super Reflexes: the Golden Fox of power sets!
WARNING: I bold names.
Quote:
Can I just echo that. I've sold some drops that I might have otherwise ignored based soley on that rule (mostly 20s-30s stuff found while lvling) and made some decent fake coin in doing so.
|
Originally Posted by Daemodand
Your rule that items with 0 available are under-priced is a good rule.
|
Actually ran some tests like this, created an entire server of auction mules for high ticket / low volume items. It... doesn't really work. I'll log in say once a week, need to do some math for claiming the auctions at times, but generally a lot of them take AGES to move. Meanwhile some of my toons are seeing the same / better results 2x daily.
It is a lot easier, though less rewarding, than vigorous marketeering, so to each their own. It's also something you can do *without* marketeering, so I guess there's a different possibility there.
Quote:
Truth.|
Originally Posted by Daemodand
But for me, the ultimate virtue in a video game is fun.
|
So many people forget this, and believe, "I want what I want NOW so I can stop playing the game!" How misguided!
Win/Win, though.. I guess that attitude lets some people make inf!
-Proud leader of Captain Planet's Magical Friends
Quote:
I've made a fortune on high margin low volume items. But in addition to them sometimes taking ages to move, it can be very nerve-wracking to accumulate over 10 billion in inventory on something while prices are falling, betting that they'll come back up. So far so good, but eesh! The main benefit (as you noted) is that it takes much less time than high volume low margin items. But time here is time invested, not elapsed time. To make a fortune fast, I'd probably go with volume.
|
Originally Posted by Virusman
Actually ran some tests like this, created an entire server of auction mules for high ticket / low volume items. It... doesn't really work.
|
"That's because Werner can't do maths." - BunnyAnomaly
"Four hours in, and I was no longer making mistakes, no longer detoggling. I was a machine." - Werner
Videos of Other Stupid Scrapper Tricks
Quote:
Well, if you're someone who only logs in a few times each month that 100m would work pretty well... =P|
Originally Posted by Nihilii
I see lots of people around here who seriously believe selling an item for, say, a 100m benefit over 2 weeks is better than selling that same item for a 30m benefit daily, so it didn't seem too much of a stretch to assume this thread was entirely serious.
|
I was amused the market managed to correct a gigantic mistake I'd made, that's all. I've always advocated leaving stuff up in perpetuity unless you need the slots, this was the penultimate example why.
and hi everyone!
*waves hoof*
The Nethergoat Archive: all my memories, all my characters, all my thoughts on CoH...eventually.
My City Was Gone
Quote:
Welcome back goat!|
Originally Posted by Nethergoat
Well, if you're someone who only logs in a few times each month that 100m would work pretty well... =P
I was amused the market managed to correct a gigantic mistake I'd made, that's all. I've always advocated leaving stuff up in perpetuity unless you need the slots, this was the penultimate example why. and hi everyone! *waves hoof* |
*throws tin can*
Grats on the netherkid!
Mini-guides: Force Field Defenders, Blasters, Market Self-Defense, Frankenslotting.
So you think you're a hero, huh.
@Boltcutter in game.
Quote:
Welcome Back.|
Originally Posted by Nethergoat
Cue this last hiatus- 154 days since I last logged him in, according to the screen.
I Ninja Ran over to the market to check on his unique- SOLD! Whoohoo! I check the amount- 500 million! Double whoohoo@!! |
Nice little score - I have a handful of those sorts of items waiting for "ultimate
patience" to catch up to them as well.
I'd yank and re-list low value stuff but all of these are high value items
that essentially price-tanked ... for awhile ... hopefully
That's another value to lots of alts - I can afford to let a couple slots here
and there languish a bit (ok, indefinitely) until those casual warshades
realize how bright, shiny, and ultimately desirable my high-priced items are.
Cheers,
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.
Yaaaa it is Nethergoat. I miss your Dark Astoria thread.
Enjoy your day please.
Quote:
That's why I have 4 Glad Jav Procs listed for nearly 2B. That was a reasonable price at the end of the last AE exploit, and I'm looking forward to the next one. I'm mostly retired from farming and marketeering, and that character already has a final purple+panacea build, so I don't need the slots.
|
Originally Posted by Nethergoat
I've always advocated leaving stuff up in perpetuity unless you need the slots, this was the penultimate example why.
|
Goodbye and thanks for all the fish.
I've moved on to Diablo 3, TopDoc-1304
I am also a Hugh fan of patience with variouos high priced items. I usually leave the first 2 slots set for "set the market prices" and forget about them and eventually they usually sell. I remember signing onto one of my alts and found that I had sold 2 Apoc Dmg/something (old age I dont remember which ones) 200 million over the going price. It has happened more times than a few times with my ultimate sale of a purple going for 1 billion dollars. I have not taken the sale yet as I am over the infl cap on that toon and keep forgetting to move some so I can grab it. I would take a screen shot and post if I remembered how to do it.
Congrats on the big score, goat.
I rely on patience to make my inf.
You can't make billions off generic IO's without a large lump of time invested
Sadly though, the patient approach to making inf doesn't suit everyone. <shrug>
Warning:
The above post may contain Cynicism, sarcasm and/or pessimism. If you object to the quantities contained, then tough.
Quote:
I'm a fan too, but my name's not Hugh. |
Originally Posted by Hell_Jumper
I am also a Hugh fan of patience
|
Paragon City Search And Rescue
The Mentor Project
Quote:
I'm a Hew Fan, personally |
Originally Posted by Ironblade
I'm a fan too, but my name's not Hugh.
|
I'm not surprised it sold at 200M... but I am surprised it sold for 500M.
And for some unknown reason the ski chalet is actually open right now.
I gotta make pain. I gotta make things right. I gotta stop what's comin'. 'Least I gotta try.
Quote:
This merits note - if you only have time to log in 2-3 times a week, the higher price approach is definitely the way to go. Sometimes things go even more quickly than you might think. Crafted a couple of high-demand purples for an obscene amount of influence markup. Obscene!. Nothing sold over the weekend (no surprise there), but both sold sometime since Sunday. I expected to go a week, but good grief.
|
Originally Posted by Nethergoat
Well, if you're someone who only logs in a few times each month that 100m would work pretty well...
|
Is it the dead part or the goat part that you don't trust?
Would you trust a live goat?
Would you trust a dead wildebeest?
Paragon City Search And Rescue
The Mentor Project
I logged in last night for the first time in a good long while- insane toddlers negatively impact your ability to play video games, who knew?- and checked in on my "RP" stalker who I was using to track 'normal' player earnings on the way to level 50. As I'm too lazy to hunt down his personal thread, I'll just throw it up here.
At some point he rolled some merits and lucked into one of the uniques, a Miracle I think. Following my own rule "anything with zero listings is underpriced" I posted it at some ridiculous amount, 200m I think. This was, of course, right before Amerits crashed the market. But, I just left it there- why not? I don't do any marketeering on him so he doesn't need slots.
So it'd check on it whenever I had the urge to play him, and it just sat there, and the market price kept falling.
Cue this last hiatus- 154 days since I last logged him in, according to the screen.
I Ninja Ran over to the market to check on his unique- SOLD! Whoohoo!
I check the amount- 500 million! Double whoohoo@!!
Not sure what happened while I was gone to spike prices like that, or if someone just mis-typed or something, but I will henceforth be the ultimate apostle of the value of PATIENCE in high end marketeering. =P
I'll post a screen later, I just wanted to get this up before I forgot about it.
/edit
also, it was really weird- I logged in the Goat, who was inside the ski chalet, and instead of lagging out then spitting me into Pocket D it just....left me there. I hopped around a bit, did a ski run, got a time.....very strange.
The Nethergoat Archive: all my memories, all my characters, all my thoughts on CoH...eventually.
My City Was Gone