Pages: [1] 2 3 4 :: one page |
|
Author |
Thread Statistics | Show CCP posts - 0 post(s) |
KuranesGrey
Oberon Incorporated Prime Orbital Systems
|
Posted - 2006.07.20 17:41:00 -
[1]
There's a curious market dynamic at work in empire right now. The +1 implant market is totally askew because one guy is trying to corner it. A bit of competition could be quite profitable.
+1 Implant prices have fallen significantly in the past month since the server patch that changed agent mission rewards. A full set of the 5 +1 implants now costs between 2M and 3M if you buy at the market. But the spreads are crazy. For instance the highest buy order for memory implants in Lonetrek is 1.05M, but the lowest sell is 1.74M. That wide a spread is not economically sustainable, there should be more competition.
The reason there is no competition is because one guy is trying to corner the market in all of empire. He spends all day watching the markets in various regions raising his bid by the annoying .01 ISK over any competing orders. If someone places a buy order too high for him to top he just fills the competing buy order to clear it from the market and keep the visible orders low.
Of course he only has the resources to keep this up so long, particularly since there's a real profit opportunity here for others. He seems to only be happy with a 50% spread. So put in buy and sell orders at a 20% spread. You're still making a profit, either from the normal market dynamics or directly from the cornerer guy as he desperately tries to defend his artificial profit margins. Eventually the market will stabilize and the poor newbies who really need +1 implants won't be quite so screwed.
However, the intrepid trader should beware the awesome Smack Talk powers of this guy trying to corner the market. I've been buying some implants myself in one region recently. Didn't think much of it until I got a blizzard of email and convos from his various NPC alts. Some of the more amusing samples:
- Most people are thankfull when I "give" them 1 round.I gave you 1 and your greedy bewhind comes back for more.Im in every Empire Region and you just made it to my bad list.I will punish you in Every Region , Greedy Noobie
- let the punishment begin. all greedy noobies must freaken Hang
- You cant be that stupid and Greedy. Your just Fing with me now , but thats all good becuase you will Never sell the ones I stuffed down your throat anyways! Be a Punk and see how far you get in this game
- youve been out bid punk. come and change your bids noobie
- We know your life is Pathetic , What its not so Pathetic that you will go buy more accounts so you can harass me in more regions? See a doctor.
I knew about smack talking pirates, but I'd never encountered a smack talking trader before. Nutty. Given the profit opportunity involved he won't be able to sustain a monopoly for long.
|
Dark Shikari
Caldari
|
Posted - 2006.07.20 18:29:00 -
[2]
Petition him for harassment. That kind of language in EVEmails will generally get you banzored
--Proud member of the [23]--
-WTS Heavy Electron II, 100mn AB II, Medium Warp Bubbles- |
Tami Auryn
Natural Evolution
|
Posted - 2006.07.20 18:35:00 -
[3]
lol very amusing :D Who would ever want to make money in +1 who uses +1's ? :) Might as well go for +2's.
|
KuranesGrey
Oberon Incorporated Prime Orbital Systems
|
Posted - 2006.07.20 18:43:00 -
[4]
The irony about the idea of petitioning him for harassment is that's what he's threatened to do to me. Not because of what I've said (I don't respond to smack talk). No, according to him the mere fact of me placing orders on the market is harassment of him and a violation of TOS. With nonsense like that no wonder poor CCP has too many petitions to answer.
|
Havelcek
Eve Defence Force Ascendant Frontier
|
Posted - 2006.07.20 18:53:00 -
[5]
That really irritates me, probably more than it should, for some reason. POS does a great job stocking their 0.0 stations with goods without an insane markup, and then you have to deal with azz-pirates like this guy. Hope you petitioned it for harassment.
|
Jenny Spitfire
Caldari
|
Posted - 2006.07.20 21:03:00 -
[6]
Edited by: Jenny Spitfire on 20/07/2006 21:05:30
Trade smacktalking is quite common for cheap stuffs under 2M and 0.01 ISKs undercutting once every few minutes. I get turned on when they convo me. Hehehe. My advice is take no prisoners. It is a free market. ---------------- RecruitMe@NOINT!
|
Argenton Sayvers
|
Posted - 2006.07.20 21:35:00 -
[7]
Hmm, why do i never get fanmail.
The only one ever to complain about my prices is KilROCK, but that is to be expected ...
|
HippoKing
Caldari
|
Posted - 2006.07.20 21:36:00 -
[8]
Originally by: Jenny Spitfire I get turned on when they convo me.
While I wouldn't go that far, possibly the thing I enjoy most about eve at the moment is just after I kill people, them convoing me and prove they deserved it tenfold
|
Heikki
Gallente
|
Posted - 2006.07.21 01:31:00 -
[9]
Originally by: Tami Auryn who uses +1's ?
Uhm, PvPers who get podded a bit too regularly..?
-Lasse
|
Delwynndwn Siele
|
Posted - 2006.07.21 02:51:00 -
[10]
Originally by: Heikki
Originally by: Tami Auryn who uses +1's ?
Uhm, PvPers who get podded a bit too regularly..?
-Lasse
And noobs (like myself) who can't afford better.
|
|
Bermag
Point-Zero
|
Posted - 2006.07.21 08:38:00 -
[11]
lol this just make me want to go and setup some buyorders to mess with this guy :-)
|
robacz
Gallente
|
Posted - 2006.07.21 10:16:00 -
[12]
Heh looks like I should start with +1s again. Could be fun.
___________ Buying/Selling: Implants, Cargo Expanders and more |
KuranesGrey
Oberon Incorporated Prime Orbital Systems
|
Posted - 2006.07.21 14:49:00 -
[13]
Since posting my message a couple of the empire markets have gotten quite competitive. There's still Mr .01-raising smacktalker, but there's also a significant volume of larger buy and sell orders that are narrowing the spreads. Given the easy money there is working these trades, I suspect the competition will just increase.
I'm making a fair amount of money working those spreads myself. Sometimes directly from the smacktalker, I have some funny entries in my wallet where I'm buying an implant from him at 375,000 only to sell them back to him later at 450,000. Always accompanied by an Evemail from him like "You Have NO Clue about how the market works do you?".
BTW, +1s are very useful. Newbies care a lot about them, both because they're cheap to buy and because they're the first valuable item they get to sell. Me, I use +1 implants in my PvP clones. A full set is cheaper than one of my rocket launchers :-)
|
Trinitey
|
Posted - 2006.07.24 00:45:00 -
[14]
Funniest thing just happened. I bumped into the poster and I said Hi. He then Jumped down my throat accusing me of being the person he posted about. Then it accured to me. 1. He may be extremly Paranoid? 2. There IS no other Person and he made it up to sucker us into the market so he could take advantage of us. Dosnt this constatute a scam? Becuase +1 Implants were Really cheap before he started this thread and the prices have done nothing but go up. Which is funny becuase I read in other posts where there was a tremendous ampunt pouring into the system becuase of some changes in the LP rewards system. Shouldnt prices be going down?
|
Grohh
|
Posted - 2006.07.24 03:16:00 -
[15]
The market going back up probably has little to do with this thread and more to do with panic. I watched the market as two weeks ago there was a sudden wealth of +1 implants. Panic probably set in as people with inventories watched the prices go down. Now that the panic is wearing off, the prices are going back up.
While some regions couldn't sell them for 400K, I was still selling them in other high-sec regions for 1M+.
Now the question is, is it time to buy low (there are some regions that are still depressed) in hopes that the recovery is of good size? Hmmmm....
|
Gainomax Recovery
|
Posted - 2006.07.24 18:14:00 -
[16]
Edited by: Gainomax Recovery on 24/07/2006 18:15:53 Trinitey: When I read your post, which by the way is the first post you've ever made to the forums, I'm beginning to wonder. Is this a post only to discredit the original poster of this thread (which by the way has made numerous posts about lots of other subjects on the forums). He's merely reflecting about the state of the implant market as it is today. Or should I say Augments market? Personally I hope prices go up because some competition is entering the market and are pushing the prices up from rock bottom.
|
Trinitey
|
Posted - 2006.07.24 22:47:00 -
[17]
Well let me answer that. 1. Grohh is only 1 day old and talks about how good things are. Kinda Funny. 2. The Original Poster im told has at least 12 of his characters playing the Market , so I wouldnt doubt that anyone spreading Miss Information such as him is Probably STILL him. (which I belive you to be 1 of them Gainomax) 3, Funny he talks about all these things this supposed person that has a Monopoly on the market (Ive never had a problem in my 2 Regions) has said and asked for us to help him ( Im posative HE is the 1 in all the Regions and justs want to dump his surpluse to us). 4.I had his alt threaten me in 1 region, Lets List what they said. a. I Hope you enjoy Endlessly changing your Orders. b. (after I sold him 50 socials in almost as many stations) Im not worried about the augments I get , im not in it for the money , ill just delete them.
Now he is "Targeting me" for no other purpose but to make me "quit" and not to protect his corp , a region his share of the market. NO PvP aspect at all or Game aspect at all. This is what I understand ToS says you CANT do.
After all my encounters with this guy. He is the person he is talking about , but you know what? I LOVE it becuase I made 800 million selling to his alt in ONE Region. (Ive been STOCK Pileing augments and was worried Id get stuck with them , in my 2 regions alone I have about 5k of each augment so I can guess whats out there)
Im glad he stirred you guys up becuase Im making a Killing. But I feel bad when I see the obviouse new guy step into the arena and I dump all those useless augments on him that he will Never get rid of.
If Im selling to your "Buy" price and im tripling my money , how far can I Undercut your sell prices? And thats just in "MY" 2 Regions. If this other person was real Im psure they would be doing ALOT better than me!
Just becarefull about the rumors that are spread and that persons 11 other characters are saying. lol
|
Benchley
|
Posted - 2006.07.25 02:30:00 -
[18]
I'm one of the guys who's started playing the market to take advantage of Trinitey / Goldie Maker / Day Dreamer's crazy behavior.
I've made a fortune off him in three different regions as he fills my buy orders to clear them out, then later clears my sell orders thus buying back the implants he sold me at a nice profit.
I entered the market when I saw the original KuranesGrey post, mostly out of spite. People often write stupid things on teh internets, and I try not to let it bother me because there's so little I can do about it. But here I see a stupid person behaving boorishly, and it's within my power to cause him some pain. This because I've got a tremendous amount of isk, plenty of time on my hands, and a spleen that's three sizes too big.
You guys would absolutely not believe the email exchanges. Trinitey / Goldie Maker / Paper Pusher / Day Dreamer is angry. This is getting to him.
You can hear echoes of it here, when he complains of the "harassment" he's suffering because some of his new competition (me among them, though I'm scarcely the only one) has an overdeveloped appreciation for schadenfreude.
Buddy, you think PvP ship combat is nasty? It's kid stuff. Market competition is PvP with the gloves off. And you're losing. Bad.
Now put a sock in it before I embarass you to within an inch of your life by posting the evemail exchanges we've had.
|
Trinitey
|
Posted - 2006.07.25 07:33:00 -
[19]
Edited by: Trinitey on 25/07/2006 07:38:01 Ive used that Tactic myself and I Highly doubt it was a "Fortune" unles 1 or 2 mil is a "fortune" to you.
Clearly your another one of the original posters alts how else would you Know names? and can someone confirm that those Are the names that the original poster was talking about?
|
Trinitey
|
Posted - 2006.07.25 08:57:00 -
[20]
I must have been tired when I read this the first time. I didnt see that you grouped ME in with "this" person and also all The personal attacks. IMOP I see about 5 things that might get you baned.
Have you read ToS or the Forum rules?
|
|
Serious Bob
|
Posted - 2006.07.25 13:12:00 -
[21]
Edited by: Serious Bob on 25/07/2006 13:13:26
Originally by: Trinitey I must have been tired when I read this the first time. I didnt see that you grouped ME in with "this" person and also all The personal attacks. IMOP I see about 5 things that might get you baned.
Have you read ToS or the Forum rules?
Apart from the exact same writing style as the OPs hate mail (writing it BIG makes it mean more!), the same threats about ToS and rules.. and to top it off you're obviously annoyed. No, I have no idea how he could group you together.
Trading ftw! I think I'll have a look at the +1 market.
|
Mangold
Freelance Unincorporated Ushra'Khan
|
Posted - 2006.07.25 15:03:00 -
[22]
Originally by: Serious Bob Edited by: Serious Bob on 25/07/2006 13:13:26
Originally by: Trinitey I must have been tired when I read this the first time. I didnt see that you grouped ME in with "this" person and also all The personal attacks. IMOP I see about 5 things that might get you baned.
Have you read ToS or the Forum rules?
Apart from the exact same writing style as the OPs hate mail (writing it BIG makes it mean more!), the same threats about ToS and rules.. and to top it off you're obviously annoyed. No, I have no idea how he could group you together.
Trading ftw! I think I'll have a look at the +1 market.
Signed. Looks like the same person to me.
|
Benchley
|
Posted - 2006.07.25 16:44:00 -
[23]
Originally by: Trinitey Edited by: Trinitey on 25/07/2006 07:38:01 Clearly your another one of the original posters alts how else would you Know names? and can someone confirm that those Are the names that the original poster was talking about?
That's not a bad guess. Like me, KuranesGrey appears to know where his shift key is and what that key with the funny little dots on it is used for. To further the similarity, neither of us compulsively insists that anyone who crosses us is "off their meds." (Trinitey backing out of his driveway and narrowly missing a bicyclist: "Hey kid, take your meds!" On getting cut off in traffic: "lady you noob you suck at driving take your meds!" etc.)
And, finally, it does turn out that I'm running more than one of the characters that have recently entered the +1 implants market and are making money off your formidable efforts to keep the spreads wide. Look down your list of antagonists--I'm three of them.
And, frankly, it doesn't bother me one bit for you to imagine me to be an even more formidable opponent than I am. If it would frighten you to imagine that I'm running a dozen such efforts, that's absolutely fine with me.
However, my urge to correct an error can sometimes outweigh my desire to appear as a criminal mastermind, and so I must reluctantly deny that I am, in fact, KuranesGrey.
Since you're a master of sock puppetry yourself, mere projection will require you to believe that all your antagonists are, similarly, just one guy. This denial, then, actually kills two birds with one stone. The fact that KuranesGrey and I are in fact two different people will be plainly obvious to anyone with a minute or two to examine the readily available data. (And who, no doubt we'll soon learn, isn't taking their meds.)
And as for Day Dreamer / Trinity, he surely won't believe the truth. And that also suits me just fine. It's sort of a win-win thing. (Kind of like buying low from and selling high to the same guy. What is that? Structural irony? I dunno.) |
KuranesGrey
Oberon Incorporated Prime Orbital Systems
|
Posted - 2006.07.25 18:19:00 -
[24]
It's too bad this thread has degenerated into insults and accusations of sock-puppetry. Because what's interesting about Eve isn't the Forum Warriors, it's the market dynamics. And the +1 market has become very dynamic.
For the record, I don't run any trading alts. And yes, I do think Trinitey is one of the manifestations of the smacktalking trader I first posted about. The others I know about are Day Dreamer, Paper Pusher, and Goldie Maker. I made the link when Trinitey sent me smacktalk Evemails at the same time as the others. He also sometimes trades in the same times and directions as the others, working to clear orders and widen the spread.
Of course all of these alt accusations and rebuttals are impossible to prove or verify. Particularly with NPC corp members. But it doesn't much matter; what matters is the market trades.
My post has had the intended effect of bringing in more competition to the +1 market. Prices are stabilizing somewhat with the increased competition, although not as fast as I'd hoped. The cornerer is awfully persistent. Just last night in Domain he bought 25M worth of implants from me and relisted them for 30M. Then again, he sold me those same implants for 20M a few days ago. Not a huge profit, but I'll happily keep it up.
There's also an increase in trading volume as speculators move in. Usually about 25 Limited Neural Boosts trade a day in Domain. It's up to about 40 a day in the last week. Yesterday someone who I don't think is the cornerer placed a large sale order for about 200 Neurals at a low but profitable price. That order then got cleared yesterday, a 10x increase in trading volume from typical. Same thing happened yesterday with Limited Ocular Filter. You can see it yourself in the game, just click "Price History".
Either someone's working very hard to maintain a wide spread, someone's shilling bids to manipulate average prices, or someone clever has found a cross-region trade and made a profit. Don't know which it is, but it's definitely interesting.
|
Miss Overlord
|
Posted - 2006.07.25 18:21:00 -
[25]
i am starting to wonder if thoes behind these alts are actualy working an ISK selling angle />?
Wonder if this is the new macroer in action
Ok enough about conspiracy theories i guess his margins are slipping he might be aligned with an alliance and under pressure to keep funds going into their coffers (perhaps without naming anyone a certain alliance under heavy fighting atm)
Or his just uptight in RL and his failure on the market is affecting his RL obsession
Either way time for me and a few friends to enter the market as wel and wipe out the profit margins completley
|
Grohh
|
Posted - 2006.07.26 03:04:00 -
[26]
Even though I am only "one day old", I still have a idea what the markets are looking like. For example, as of Sunday morning, the min sell order spread in the carebear area for LNB implats gets up to 2 to 1 between different regions. Essence is the most depressed at 360K. Khanid's min sell is over 1 million.
So there is money to be made in buying and reselling in other regions. I'm still making nice money doing direct buy/sell trades in implats.
|
Trinitey
|
Posted - 2006.07.26 04:33:00 -
[27]
This was your original post
Originally by: Grohh The market going back up probably has little to do with this thread and more to do with panic. I watched the market as two weeks ago there was a sudden wealth of +1 implants. Panic probably set in as people with inventories watched the prices go down. Now that the panic is wearing off, the prices are going back up.
While some regions couldn't sell them for 400K, I was still selling them in other high-sec regions for 1M+.
Now the question is, is it time to buy low (there are some regions that are still depressed) in hopes that the recovery is of good size? Hmmmm....
You say 2 weeks ago , yet you were 1 day old.
|
Feta Solamnia
|
Posted - 2006.07.26 09:03:00 -
[28]
heheheh, ah... the good ole foolish market games.
Yulai was full of them and so many people that though that creating a temporary artificial lack of supply would cover for the ever-increasing prices they'd pay to keep the market clear. In the end they ended up creating a spike on the price (that they'd pay from their own pocket) followed by a steep fall below the previous levels when they tried to offload their items along with the normal flow.
Have fun guys
Originally by: Oveur
I have access to all market data. Believe me, we have not reached anything close to deflation yet.
|
Grohh
|
Posted - 2006.07.26 14:04:00 -
[29]
You really need to get over the "one day old" stuff. Alts? Other accounts? Come on, you are smarter than that.
|
KuranesGrey
Oberon Incorporated Prime Orbital Systems
|
Posted - 2006.08.03 14:55:00 -
[30]
Well, it's been another week and I'm sad to say that the Domain +1 implant market is still cornered. In the past couple of weeks I spent some time in Domain narrowing spreads and making a modest profit, but I got busy with some 0.0 PvP action and haven't been around to tend my bids. (The hazard of not using alts). I've returned to find the spreads are, once again, 50-100% in each item.
I'm not a serious market trader myself, but I'm surprised that more people aren't competing in this market. Are the amounts involved just not large enough to be interesting? There's a fair amount of turnover; seems a shame to let one person control the prices.
|
|
|
|
|
Pages: [1] 2 3 4 :: one page |
First page | Previous page | Next page | Last page |