After so many honest trades...
I would like to see the devs be more proactive in helping the players not be victims in these types of situations. If I were playing EVE Online, this would not even be on the table for discussion, but this is COX and the devs need to take an active role in preventing this type of player on player griefing.
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Just because some players choose not to use those methods because they want to avoid fees, or sell/trade things for more Inf than the safe means allow is not the Devs fault.
In real life there are perfectly safe places to keep your money and earn a small return on your savings - they are called banks, and they are backed by the US Government. If you choose not to use a bank and instead you invest your money with some guy who says he's got the greatest, sure fire investment in the history of the universe, you're taking a risk that the guy might be a crook. If he turns out to be a crook and steals all your money, the guy should be punished and the money returned to you if possible, but that doesn't mean the government should pass a law that the banks have to pay a higher interest rate so that you aren't tempted to give your money to some guy who could very well be a crook.
(Sometimes, I wish there could be a Dev thumbs up button for quality posts, because you pretty much nailed it.) -- Ghost Falcon
I'd simply ask: what premium will you have to pay to get a L10 over a L50? Well, we know that right now, that premium is somewhere on the order of 200-600 million.
I'd say that: 1. PvP procs will be selling for less than 200M in the not-too-distant future 2. People will not be willing to pay an 800M premium to get a L10 version The L50 proc works when exemplared to L7, even if the IO is L50 and you slot it into your L49 power. That means the L10 version only "matters" for leveling. |
Where are these level 10's coming from? PVP farms, I'm assuming most of that is being done at level 50. How many level 10 characters do you see farming PVP IO's, and what is the liklihood of converting a level 10 PVP drop to one of the 3 most sought after?
The uniques have been available through emp merits for a while, as with Villain merits, and the amount of time it takes to save the merits for them to me justifies a selling price over 1 billion. Granted as more trials are released, more emps can be collected per day and they can be obtained faster, but again I don't think it's going to warrant a dramatic drop in price for the low level sought after globals. I guess we'll see though.
I don't support scamming in any way, shape, or form, but I think it's unfair to lay this on the Devs. They have been proactive in helping the players not be victims in these types of situations - they have given us the market and they have given us a completely safe means of making trades.
Just because some players choose not to use those methods because they want to avoid fees, or sell/trade things for more Inf than the safe means allow is not the Devs fault. In real life there are perfectly safe places to keep your money and earn a small return on your savings - they are called banks, and they are backed by the US Government. If you choose not to use a bank and instead you invest your money with some guy who says he's got the greatest, sure fire investment in the history of the universe, you're taking a risk that the guy might be a crook. If he turns out to be a crook and steals all your money, the guy should be punished and the money returned to you if possible, but that doesn't mean the government should pass a law that the banks have to pay a higher interest rate so that you aren't tempted to give your money to some guy who could very well be a crook. |
The devs just don't care enough about people getting scammed and until they do something about it, it will continue. I have a mind to tell some of my EVE friends about this so they can scam even more people, maybe the devs will do something about it then....
The development team and this community deserved better than this from NC Soft. Best wishes on your search.
first of on the programing side it not to hard to fix the issue the op had. all they need to go is add a gift button on the trade window if a user want to gift i/o or cash. if the trade button is clicked the game should know there going to be money ot an iteam traded.if a party walks away in the middle of the trade then the money or io should not leave the sellers or buyers hands. if they mske s new trsding toon or an e-trader you should have to reg your chat hanndel and pay some inf to register as a big inf trader. these large trsders should have a feedback system of just stars no words that would be a simple color code..ie red for bad trader...gold or another color for top trader an empty star for new trader.
@ the OP
Sorry for your loss. I will do my due diligence to make sure people know this guy is a scammer and not to group with him.
As for the Devs or the Mods..
Long, Long, LONG story short. They are useless and lack an reasonable common sense. I feel like I am calling some third world country tech support when I have to deal with one. I really just curse to myself when I have to hit that support button.
I agree with some of the posters here. I know as well they have all the logs and even transaction logs from the market. I don't think anyone would have issue if it took some time to correct the condition as long as it's eventually corrected.
You know sometimes you don't really have to arrest someone to fix a problem. Sometimes just talking to a person and letting them know that your aware of the situation will fix it.
Who hasn't heard a cop say once in their lives "IF I HAVE TO COME BACK HERE AGAIN ! ". Even if it's from someone else story.
I've been blessed with 2 really good kids who 99% of the time cause no issues and are honestly smarter then me when I was their age ( okay even now sometimes at my age ).
BUT
1% of the time they forget and think they think our home is a democracy instead of a dictatorship and they get out of line with my wife. My wife then just brings them back down to earth reminding them she has daddy's phone number on speed dial and will call him so they can explain the issue to me. Even then occasionally I get a phone call and have some crying kid on the phone with my wife in the background saying "Go ahead tell him. You wanted to talk to daddy, go ahead tell him."
End result I can't understand what they are saying over the crying and my wife's phone gets a bunch of snot all over it. But the condition is corrected as the kids now know their idea wasn't good.
If the GM would have just attempted to address this other person, that might have been enough for that other person to be persuaded to send the money back.
People under estimate that "Oh Crap, they know factor" .
1. Why Soft Cap is Important : http://dechskaison.blogspot.com/2011...important.html
2. Limits: http://paragonwiki.com/wiki/Limits
3. Attack Mechanics: http://wiki.cohtitan.com/wiki/Attack_Mechanics
4. Rule of Five: http://wiki.cohtitan.com/wiki/Rule_o...e_Law_of_Fives
first of on the programing side it not to hard to fix the issue the op had. all they need to go is add a gift button on the trade window if a user want to gift i/o or cash. if the trade button is clicked the game should know there going to be money ot an iteam traded.
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Where are these level 10's coming from? PVP farms, I'm assuming most of that is being done at level 50. How many level 10 characters do you see farming PVP IO's, and what is the liklihood of converting a level 10 PVP drop to one of the 3 most sought after?
The uniques have been available through emp merits for a while, as with Villain merits, and the amount of time it takes to save the merits for them to me justifies a selling price over 1 billion. Granted as more trials are released, more emps can be collected per day and they can be obtained faster, but again I don't think it's going to warrant a dramatic drop in price for the low level sought after globals. I guess we'll see though. |
Once Enhancement Converters go live, the Devs will be able to fix AFK PvP IO farms without a massive outcry from the masses, because people will be able to produce the big 3 using Enhancement Converters. As such, I wouldn't be surprised if a fix is in the works. After that, no one will be able to muscle into my market with mass produced low level IOs.
I'm glad there are lots of people running iTrials for Emps or SSAs & tips for AMs to turn into low level PvP IOs, because they set the price VERY high for their work. And it really is a lot of work to earn that many Emps or AMs to buy PvP IOs, MANY hours over weeks or even months. Meanwhile, I'll earn 2 Hero Merits in 20 minutes, convert them to 20 Converters, and turn a junk level 15 IO into one of the 3 rare procs in a total of 25 minutes. Then sell it for the same price. All because I have a stock of the low level PvP IOs.
This is my real plan to become a trillionaire.
I have no other ebil plans to earn silly amounts of Inf. Really. You can trust me this time.
Goodbye and thanks for all the fish.
I've moved on to Diablo 3, TopDoc-1304
I didn't think you could convert across categories like that, making a standard IO into a PVPIO.
Blue
American Steele: 50 BS/Inv
Nightfall: 50 DDD
Sable Slayer: 50 DM/Rgn
Fortune's Shadow: 50 Dark/Psi
WinterStrike: 47 Ice/Dev
Quantum Well: 43 Inv/EM
Twilit Destiny: 43 MA/DA
Red
Shadowslip: 50 DDC
Final Rest: 50 MA/Rgn
Abyssal Frost: 50 Ice/Dark
Golden Ember: 50 SM/FA
Time for me to come clean. When I said nothing will sell for a billion after Enhancement Converters, that was a lie. Anyone remember in my Confession of a Power Gamer thread where I mentioned weeks ago it may all be a distraction from my next BIG money maker which involves a level 15 CEBR? it wasn't a distraction, but my next BIG money maker really does involve a level 15 CEBR. As I said in yet another thread, my next ebil plan is to acquire items that aren't available in the market at all, or for a reasonable price. And then use them myself, or sell them for an unreasonable price. I converted my AFK PvP farm to get level 15 IOs. I've already built up a stockpile of them. When Enhancement Converters go live, I'll be able to convert those (given lots of converters) to the big 3 procs. And while prices on level 50 versions of the big 3 PvP IOs will drop below a billion, prices on the lower ones probably will not. There won't be all that many people with low level recipes or IOs to to convert, since they aren't mass produced like the 50s are by AFK farms.
Once Enhancement Converters go live, the Devs will be able to fix AFK PvP IO farms without a massive outcry from the masses, because people will be able to produce the big 3 using Enhancement Converters. As such, I wouldn't be surprised if a fix is in the works. After that, no one will be able to muscle into my market with mass produced low level IOs. I'm glad there are lots of people running iTrials for Emps or SSAs & tips for AMs to turn into low level PvP IOs, because they set the price VERY high for their work. And it really is a lot of work to earn that many Emps or AMs to buy PvP IOs, MANY hours over weeks or even months. Meanwhile, I'll earn 2 Hero Merits in 20 minutes, convert them to 20 Converters, and turn a junk level 15 IO into one of the 3 rare procs in a total of 25 minutes. Then sell it for the same price. All because I have a stock of the low level PvP IOs. This is my real plan to become a trillionaire. I have no other ebil plans to earn silly amounts of Inf. Really. You can trust me this time. |
Oh btw of the 2k bids on gladiators +res/def @ lvl 10, 1200 or so are mine and they aren't for 2 billion a piece.
I didn't think you could convert across categories like that, making a standard IO into a PVPIO.
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Obviously I'm a market n00b who thinks that all of the outstanding bids are for the Last 5 price. Thank you for enlightening me oh glorious and wise marketeer. Do you have any other pearls of wisdom to pass on to this pitiful beggar, whose hundreds of billions is likely a drop in the ocean compared to your vast fortune?
Goodbye and thanks for all the fish.
I've moved on to Diablo 3, TopDoc-1304
Im going to bloody bay to hunt wabbits!
Every reference to IO above means PvP IO. I have a large supply of level 15 PvP IOs, and will use Enhancement Converters to convert them into the big 3 PvP IO procs, and I may have the lion's share of the market.
Obviously I'm a market n00b who thinks that all of the outstanding bids are for the Last 5 price. Thank you for enlightening me oh glorious and wise marketeer. Do you have any other pearls of wisdom to pass on to this pitiful beggar, whose hundreds of billions is likely a drop in the ocean compared to your vast fortune? |
There are three groups that want them, people who want to use them while leveling up, people that want to keep set bonuses, and people who view the lowest level as having the most value.
The number of people willing to pay a premium for minimum level IO is a very small percentage of the total market.Level 15 is not the lowest level, so you have put yourself into the same situation that people who produce other off level procs are. You will be selling to bargain hunters, our equivalent of people willing to buy "Scratch and Dent" merchandise, not the people buying Bentleys.
The people who are building exemplar builds all want the max level of these because their base enhancement values are better for sets. Seeing as they keep their bonuses there is no reason to shell out for min level anything and many reasons to buy high level items.
The people who want to use IOs throughout a toons lifetime once again can pick up the level 10s instead of 15s and what is more they can now recover them with unslotters which are plentiful due to the superpacks.
Now lets get to the funniest part of this.
If the devs do fix AFK farming what is going to happen to the supply of all the other PVP IOs ? its going to be nearly zero. So if you had of been producing more level 50 IOs and saving them you would have had a stock of items that will be more valuable than your conversion plans, you wouldn't have had to craft them into IOs and you wouldn't have to use alignment merits to convert them.
Thank you for enlightening me oh glorious and wise marketeer. Do you have any other pearls of wisdom to pass on to this pitiful beggar, whose hundreds of billions is likely a drop in the ocean compared to your vast fortune? |
Edit: Nearly forgot this the level 10 +def IO is currently selling for less than 2 bill. Apparently there are enough people willing to make them and few enough people to buy them that the market is already soft.
The 3 procs topdoc is talking about converting to have no base enhancement vaule, so the lowest level works just as well as the highest but you may slot them sooner.
Lvl 15 vs lvl 10 may affect its value but not by much.
The 3 procs topdoc is talking about converting to have no base enhancement vaule, so the lowest level works just as well as the highest but you may slot them sooner.
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How much do you think they will be worth when there aren't any new ones, except those bought with merits and the ones dropped by whatever the fix for farming decides is legit ?
How much do you think a level 15 Glad armor resist going to go for ?
So as far as brilliant plans go, making lots of low low level IOs nobody wants to convert them into lots of IOs that few people are willing to pay high price for was initially questionable.
It gets really bad if you buy the idea that there will be PvP farm patch, because he could have been making endless IOs that people want and saved two steps.
Lvl 15 vs lvl 10 may affect its value but not by much. |
That is already 5-10 times the amount that comes to market, and at the off level as well. So he is out of the ultra premium and becomes the bulk low cost supplier.
Every reference to IO above means PvP IO. I have a large supply of level 15 PvP IOs, and will use Enhancement Converters to convert them into the big 3 PvP IO procs, and I may have the lion's share of the market.
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I rather doubt that, sans farmers, there's high enough supply of PvPOs of any sort to supply the demand even for the just procs/uniques created through conversion.
Blue
American Steele: 50 BS/Inv
Nightfall: 50 DDD
Sable Slayer: 50 DM/Rgn
Fortune's Shadow: 50 Dark/Psi
WinterStrike: 47 Ice/Dev
Quantum Well: 43 Inv/EM
Twilit Destiny: 43 MA/DA
Red
Shadowslip: 50 DDC
Final Rest: 50 MA/Rgn
Abyssal Frost: 50 Ice/Dark
Golden Ember: 50 SM/FA
I've been large scale farming since a while after Issue 21 came out, so I have thousands of level 50 PvP IOs. So do lots of other people. People have been farming PvP IOs since they came out. If they have any brains (and they probably do if they're farming them), then they've been saving the extra on general principle. About 1/2 to 1/3 of the PvP IOs have been expensive, but even the worst ones have almost always been worth crafting and selling. But if your market slots are full you still craft them and drop them in a base. So there is a very large supply of junk PvP IOs out there. If I have thousands, I'm guessing there are tens of thousands at least stashed away in bases.
If the devs stop AFK PvP IO farming, that huge supply is still out there. The PvPers will be able to convert and get whatever they need. The huge stash will slowly go down as people with them sell, but the big 3 will be WAY more accessible than ever. Anyone who claims that a dev fix for AFK PvP IO farming will hurt supply will be laughed at, justifiably so. Everyone who wants them will be rolling in them.
Given that PvP IOs work just fine when exemp'd, farmers have been farming level 50s probably without exception. It was never worth it to farm lower level ones since people would only buy the procs. So that huge supply of junk PvP IOs is all 50s. When Enhancement Converters go live, that huge stock of junk 50s will start entering the Market and people will start converting them to the nice ones. It may not be worthwhile for someone with a large stock of PvP IOs to sell then when the cheap ones are 5M each, but it's another story when they reach 50M. Price will go down on expensive ones across the board. Me and the other smart marketeers will squeeze out all the profit we can in the first day, crashing prices. Supply will go up as people convert junk ones for resale. All it takes is a simple guide from me and a LOT of people will be listing Glad Armor: +3% Def IOs for sale in the Market. Or they can sell lots of middle prices ones. Demand will go down as some people create their own. I doubt if the big 3 will drop as far as 200M, but they could be close. However there's no way a Glad Armor: Resist will stay above 200M.
Historically, the supply of low level PvP IOs has been nearly 0. Most PvP Enhancements and Recipes between 10 and 20 have NEVER sold on the market. So if anyone really wants a low level PvP IO, even after Enhancement Converters, their only option is paying an Emp or AM farmer who currently charge around 2B each. I do expect their prices to drop, but not nearly as much. It will still take the farmers just as much effort, but demand will go down given the price difference. I think the big 3 at level 10 will be around 1B.
Yes there is a difference between level 10 and level 15. I can make lots of 15s, but I can't make lots of 10s. The people who REALLY insist on one of the big 3 level 10 PvP IOs can pay 1B. The only other low level big 3s on the market will be mine for say 800M. I'll let the Market decide if they're worth it. Alternatively, I'll be able to sell my low level junk PvP IOs to people who want to convert their own. If the junk level 50s are going for say 50M, I expect I'll be able to charge 200M at least for my level 15s. As long as I don't flood the market. If I have a large stock and no one else has any, I can sell them slowly for a nice profit.
Goodbye and thanks for all the fish.
I've moved on to Diablo 3, TopDoc-1304
You must be really in love with the idea because how badly you are hurting yourself isn't penetrating. Oh well most people come up with ideas then defend them to the death.
So lets put your scheme in really simple terms. What do you need to happen to win your bet.
First you need low level IOs to hold their high value.
Well lets look at the last five Glad Level 10s recipe
Recipe
2-18 2,000,000,000
2-19 1,888,888,888
2-20 1,500,000,000
2-24 1,900,000,000
2-28 1,611,111,111
6 listed on the market. At a guess these things aren't doing to well even without the converters.
At level 50 the price is holding steady at around 1.7 billion. with 7 for sale.
It doesn't look like you are getting your premium, unless you expect level 15s to sell for a higher premium ?
Ok you aren't coming out ahead on that part but lets see how you do on the conversion.
You are a smart guy, so you're going to convert stuff in the same set as the procs you want to sell. After all the level 15 items are all worthless.
So you have this process
1. Craft IO from set.
2. Average 5 conversions to get the proc and 15 converters or 1.5 hero merits
3. Sell the IO.
so you have burnt 150,000,000 worth of merits to get your proc
But wait, those sets panacea, shield wall gladiators armor are pretty pricey to begin with, and even the cheapest crafted PVP IOs at level 50 go for an easy 30 million.
Call the average price of the items in the sets 100 mil, and you are out 250 mil and the time and cost to craft those IOs before you even start.
So your bet is that demand for the level 15s will be high enough that they will be worth greater than 300 million more than level 50 IOs. And that there will be demand enough to make this profitable.
Oh and the cost for converting IOs not in sets is going to be approximately 400 mill so for those its going to be a 500 million premium.
Just how much do you expect your level 15s to sell for ? And just how many do you think you can move ?
Who is the market for these ? People that can't figure out how to buy a level 50 at wentworths, and an unslotter from the paragon market ?
If the devs stop AFK PvP IO farming, that huge supply is still out there. The PvPers will be able to convert and get whatever they need. The huge stash will slowly go down as people with them sell, but the big 3 will be WAY more accessible than ever. Anyone who claims that a dev fix for AFK PvP IO farming will hurt supply will be laughed at, justifiably so. Everyone who wants them will be rolling in them.
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That's not "supply" by my thinking. Yes, it forms a buffer, so that an abrupt halt in actual generation of new supply will not immediately strangle supply on the market. I do not envision it functioning the way you do, because I question some of your assumptions.
First, in my experience, people who hoard things rarely hoard them as future market fodder. They hoard them for future personal use. When people know something is hard to replace, their personal hoarding instincts become more aggressive - "if I get rid of this without using it, I might not be able to (easily) replace it, so I'll hold on to it." I don't think as much of those hoards out there will make their way to the market as you do, not in a "long tail" way that does anything but slightly time shift an abrupt reduction in PVPO supply.
Second, I seriously doubt there are many hoards out there more than a couple hundred IOs deep. In the scope of things, that's not very much supply given the constant churn of new characters across the population. If the price on these items drops into the low hundreds of millions, more people will actually try to buy them, and sales/time will increase significantly, eating those reserves much more quickly than the market moves them today at 1-2B apiece.
I think you have the right general ideas about how to exploit this "day one", and for a period beyond that. I also think you have probably one of the largest, if not the largest reserves of stuff to convert and sell in the entire game population. I'm quite sure you'll do just fine. I don't think, though, that your predictions about how a PvPO farm nerf would work on the market ring true.
When you disconnect voltage source (PVPO farms) from a circuit with a large capacitor (hoarded reserves) smoothing the source voltage, you get initial oscillations in the voltage in the system followed by a exp(-t/K) (e to the power of minus elapsed time divided by some constant) draw down that eventually settles down to zero. I expect an shutdown of PVPO supply to have something like that effect on the market. I also tend to think that K won't be as big as your description suggests, meaning the drawdown will be faster.
Blue
American Steele: 50 BS/Inv
Nightfall: 50 DDD
Sable Slayer: 50 DM/Rgn
Fortune's Shadow: 50 Dark/Psi
WinterStrike: 47 Ice/Dev
Quantum Well: 43 Inv/EM
Twilit Destiny: 43 MA/DA
Red
Shadowslip: 50 DDC
Final Rest: 50 MA/Rgn
Abyssal Frost: 50 Ice/Dark
Golden Ember: 50 SM/FA
As far as the L50 PVPIOs, I've always been under the impression that there's a large oversupply of everything but a few, compared to the actual demand. For every "Big 3" you generate, what, 20 cheap ones? I don't know.
There has, recently, been an even bigger supply because people have been able to farm with Freed accounts.
Is it particularly common to see people with a whole bunch of PVP bonuses in their build? I don't remember ever seeing it but I haven't done a lot of looking.
Mini-guides: Force Field Defenders, Blasters, Market Self-Defense, Frankenslotting.
So you think you're a hero, huh.
@Boltcutter in game.
Is it particularly common to see people with a whole bunch of PVP bonuses in their build? I don't remember ever seeing it but I haven't done a lot of looking. |
My Empath has 6 Panacea slotted, 5 of Glad Net and so on. Glad Javs you can sometimes get by with two or three for the range + proc. Generally you'll want as many glad jav procs and 4-5 ofs as possible, especially those that give those hard to find 2.25% Health bonuses....
Questions about the game, either side? /t @Neuronia or @Neuronium, with your queries!
168760: A Death in the Gish. 3 missions, 1-14. Easy to solo.
Infinity Villains
Champion, Pinnacle, Virtue Heroes
Put in a vendor that will buy or sell some token item for 1B influence. Bars of thrice-enchanted impervamantium or whatever. Bingo, you can now trade any amount of influence safely.
Another alternative is to just do a currency revaluation -- divide everyone's inf by ten, divide all the inf-rewards by ten, divide all the vendor prices by ten, and divide all the market bids and sales prices by ten. Then plan to do another one in a few years.