Cornering the market out of control.

Discussion in 'The Veterans' Lounge' started by YellowBelly, Aug 27, 2017.

  1. Feznik Elder

    Lol, if you think the developers are going to do anything you are quite naive, the whole bazaar system is terrible, and they refuse to create an auction house that gives every player equal opportunity because they are worried that the players putting up 10+ traders will cause Daybreak to lose $$.

    They aren't going to change the manipulation and exploitation unless they create a whole new system, as the 24/7 traders with 10+ accounts (these are the ones manipulating the market) will always win over people who have 1-3 accounts and since the game holds every persons account hostage from playing the rest of the game, those who have less will always lose out.

    Good luck trying to get the developers to listen. I've tried several times in the past, they have no incentive to change it because those players running 10+ accounts are bring in Daybreak $$.


    The only solution is to redo the whole system but that will never happen.
  2. MyShadower All-natural Intelligence

    Finally on page 10, it starts making sense. It is not just Professor Plumb in the Bazaar buying up all the lead pipes and raising their price, Daybreak is in on it too!
    Drusi likes this.
  3. Questoften32 Augur

    Technically saying that is probably a no no.

    Yet, as a student of human nature and in a proper context, I can tell you that sense of entailment, and laying blame, is a cultural given now for the most part.

    In games as in life. So speaking of eq, people will want to deny the reality of the thing. Of course they do.

    Just like irl its convenient to do so, otherwise to do the same thing yourself would take effort and imagination.

    The effort to: farm the rare items, some up with a strategy and make the plat, thereby rendering it a non issue.

    Most of the type of principle here, is simply self serving pretense from my experiences. What I am really hearing is ''I want daddy''.

    People are taught that systems of things, and they themselves can be whatever they would like it to be.

    The reasoning is, just because they wish it so. This is without evening bothering to change anything, to turn there desire into a reality.

    So its simply pretending or circle jerking in a group, welcome to eqs version of Peewee's playhouse.

    They cultivate supporting environments in a bubble reality, and so who says no? Who questions it? why, noone that's who.

    So the greedy sellers are bad to them sho'nuff.

    Unless it were somehow not to effect them, then that's a different story, of course. Saying otherwise would probably be playerism vrs. daybreakism, or some damn thing.

    Isn't pop culture grand? *Sardonic wink*
  4. svann Augur

    How hard is it to farm item X?
    How hard is it to farm the plat to buy item X?
    A fair price would be if for the average player they are equal.

    If you dont like the pricing then that implies that it is easier to farm the item. So do it.
  5. Aurastrider Augur



    I am still curious as to what items you claim people have a monopoly on? There are a handful of items I can think of that a person could potentially monopolize by actually camping an area but for it to be a true monopoly they would have to be there 24/7 so basically illegally farming. There are tens of thousands of tradeable items in this game one could sell. The fact that someone else is selling something you also want to sell and they are better than you just shows that you either need to figure out how to obtain said items faster or cheaper or move onto different items to sell. If you put more time into market research on your server and less time complaining on the forums you to might run a successful trader.

    As far as a couple people buying up items from other traders why do you care? I mean seriously if someone came to my trader and bought me out only to resell my crap I would see that as a win. I just sold my items for the price that I set and now I have a little jingle in my pocket. At this point the reseller assumes all the risk for the item. Who's to say they don't sit on the item and end up reselling it for what they paid for it or even at a loss? This is the risk the reseller assumes when they play EQ's version of the stock market.

    You should probably look up what trolling a thread is. It usually implies someone is trying to bait other people into comments and usually in an attempt to derail the topic. People disagreeing with your complaining and comparing it to those who think they are entitled to something they are not is by no means trolling but rather an attempt to show you how silly this whole thing is. If you honestly think for two second the developers are going to step in and stop people from reselling or from trying to gain the majority percentage of a specific item through legal in game means you are blind. If they pay for said items in game either from buying out other traders, through the barter system or from direct player to player transactions or actually go out of their way to farm said items there is nothing the development team is going to do and why should they?

    In conclusion less complaining and more research and or farming will solve your issues. If you are not willing to put in the effort then move along to something you are actually willing to put time into. You don't see people with level 1 toons coming on here complaining because other people have level 105 toons and so the developers should do something about all this crazy out of control experience gain going on. If you like to spend your time grinding than that's how you choose to play your EQ. Some people play this game specifically for the economic aspect of it just like some people spend the majority of their time crafting or chatting or designing houses or what ever else it is they enjoy doing. Don't hate on the economic peeps just because you are not as good as them.
    svann likes this.
  6. Drusi Augur

    Aurastrider, OP YellowBelly refused to name a single item which in his humble opinion is mispriced.

    Therefore, this whole thread lacks context and strongly smacks of smelly Grobb dweller behaviour.

    Maybe the item is so trivially farmed that OP is embarrassed to name it. :)

    I could similarly say that Rent is Too Da** High . Or that people are cornering local Farmer's Market...

    You have to start with a statement that Potatoes at all traders costs $5 bucks a pound at Farmer's Market when Joe Farmer 3 miles away sells his potatoes for $1 and Costco sells the exact same potatoes for 50 cents a pound.

    Only then we can start arguing. Before I know that we are talking about potatoes it is useless to even argue.
  7. Scorrpio Augur

    It also might not even be 'evil market cornering resellers'. It might be the more diligent shoppers. My chanter recently hit 300 jewelcrafting and for that I been routinely checking bazaar for uncut gems, including raw shimmering nihilite. There is always this guy offering 100+ of it for like 500 per, but every day there are also others putting it out for less than 100, and I been routinely buying those out to work on my skill. If you check baz like once in a blue moon, you would probably only ever see the 500p seller and might assume that he is 'cornering the market'.
    Thrillho likes this.
  8. Jhenna_BB Proudly Prestigious Pointed Purveyor of Pincusions

    Or! Said seller farmed the gems. I have a vast inventory of TS items on my trader. I've done very little buying and reselling. You can acquire a ton of inventory just by accident farming stuff leveling your Artisan's Prize. I've been indicted as a reseller on BB on my trader and I laugh hard every time it happens.

    You people need to get off your butts and farm stuff and stop complaining that you suck at EQ in this thread. Why is this 10 pages long?
    Genoane and Thrillho like this.
  9. Bardolomeow New Member

    Secret Confessions of a Bazaar Trader:

    If you give your stuff away on the bazaar, I will buy it and mark it up. Just like Storage Wars, Pawn Kings, and countless other resellers do... I will make a profit IF YOU leave profit on the table.

    I've literally made hundreds of millions of plat doing this very thing. I respect your desire to sell things at a low cost, but your want of a low market price is not the same thing as you being able to set market price. Whether you like it or not, there is a min/max range of prices that the entire server population is willing to pay for XYZ item. You apparently have a lower max than other people, but it doesn't matter as long as some other player has a higher max. That's all the traders care about. It's not even about "how many people will pay this price." It's more about "will at least one single player pay this price."

    If I have the capital, I will buy everything on the market that I consider to be priced too low. I will then resell the goods at a higher cost because people will pay the higher cost. Buying your undervalued item is way faster than me spending the time to farm that item, even if I lose some of the profits to you by paying whatever low price you have tagged to the item. It just becomes a volume game in order to make it worthwhile.

    I just LOVE LOVE LOVE older collectibles. There are some collectibles that regularly sell for 300k+, and if you watch the market, you can find them in the bazaar for as low as 5k. I'm going to buy that item *every* single time in order to pocket 295kpp for myself. If you don't like it... don't give your stuff away.

    Now, if you will excuse me, I have to go shower in my bath of plats and kronos...

    The scariest thing is that, as rich as I know I am, I know there are billionaires out there in EQ that look down on me with my lowly hundreds of millions of plats... they think I'm small potatoes because I only run one trader instead of the 4 or 5 traders that they run. I have mad respect for their bazaar skills.

    If you don't like the traders, then stop feeding them. Join us. Be one with The Body of the Many.
  10. Scorrpio Augur

    Karl Marx's 'Capital:Critique of Political Economy' was a whole lot longer.
  11. Thrillho Augur


    It's such a pain in the cloaca to set up a trader for these collectibles. I've got dozens of them. A lot are absolutely worthless though, which just feeds my frustration when I'm trying to set up a trader with them. Search /barter. Nada. Search /baz, oooh look, someone has 30 of these for... 150pp each. Great. NEXT! Search /barter. Nada. Search /baz, nada. Well crap, what do I price this at? 10k? 30k? Same with gear. I have no idea what to price T1 named gear at (if it's tradeable). Or spells. Or augs. Or TS items.

    More often than not, I hand out collectibles without knowing their value. Or I drop 'em in the baz for ridiculously low low prices because I've watched too many late night infomercials. Hell, I handed out some Crackers (had 3 drop - collected 1, sold 1 for 500k, handed out 1) because someone gave me a few of the last collectibles I needed for TBM. I just can't be bothered to keep track of all the prices. I'd probably make a spreadsheet for it, but even then it's too much work for me.

    I'd love to be able to just /consignment my inventory and have one of the pros take over and give me a cut of the proceeds. Thrillhouse on Xegony, if any of you pros there are interested!
    Sheex likes this.
  12. MyShadower All-natural Intelligence

    That is some hot capitalist pornography right there! Can you talk about how you fill your trade satchels in the next installment? I have a trade satchel fetish.

    I am going to go wash up now.
  13. Bardolomeow New Member

    I like to start out slow by appreciating the look of an empty, unsullied trader satchel. Then, I put an item in slot 2 because it's more exciting than slot 1. Sometimes, I put an item in slot 2 and slot 1 at the same time. There's often enough room for both slots to be full. Honestly, filling all ten slots in a trader satchel seems excessive and gratuitous, but it's certainly doable.
    MyShadower likes this.
  14. CrazyLarth Augur

    lol, around 10 years ago I tried to corner the Blue Diamond market. Did not work out very well for me some one came in and farmed more. Hope your not still mad at me OP. Don't forget you can put up a /buyer and let others doing the farming now. Or is these 2 peeps out bidding you on the /buyer now also?

    P.S. you need to look at it that if you sell your item , no matter to who then you got what your asked for it. You won that EQ transaction.
  15. Redrum_Redrum Augur

    What really upsets me is when I sell Blue Diamonds to the vendirs then realise i need some for a tradeskill. I go to buy some and they are more than what I sold them for. It is frustrating that DGB marks up the blue diamonds I sold for a profit. I mean seriously why.......
  16. Siddar Augur

    I was slumming around VoA this week and the basics of EQ economy became clear. The fact is the prices of items is set by what a level 105 can grind out of content. It's not determined by what lower levels can do. Both the buyer and seller price are set by the level 105. The price that level 105 is willing to pay determines the price at witch an item sales. There is no fix for the problem of lower level being priced out of the market.

    There was an example given of by one of the people complaining about the topic of being able to grind 500k items a day. That really is about all that needs to be said because that determines the price of items for sale. The very fact that a level 105 can quickly grind item to sale for plat sets the price at witch items sale. It all forms a feedback loop with more and more money being held by the top of EQ economy and that driving the price upwards.

    For the lower level characters they ether have to get smart are lucky to grab an items that the level 105 want. That or buy krono or just power through the lower level and join the level 105.
  17. Jhenna_BB Proudly Prestigious Pointed Purveyor of Pincusions

    It's no different in the real world, you know. A Honda Accord costs the same thing to anyone flipping burgers at a burger joint as anyone that is a Doctor. Instead of level, I'll use age. A 22 year old that just graduated from college pays the same thing as a retired person in their late 60's. Why would this be any different in the digital, pixelated world?
    Drusi and Caell like this.
  18. Aurastrider Augur


    I will try to break this down for you. The 105 toons farming that content are doing so often at the expense of doing current content working on alts or otherwise advancing their toon. By having people who are willing to do this lower level toons have access to gear they need. As a result people want to get paid for their time. The returning player base sees these "crazy" prices and compares them to an earlier time in EQ history. The reality is inflation happens in EQ and crap isn't free. If all these farmers just went away what would you use as you level? Be great full people spend their time gathering gear aimed at your level range.
    Caell likes this.
  19. Gnomeland Augur

    People have made billions of dollars doing this in actual life. Got to respect those who are willing to waste time doing it in game.
  20. Questoften32 Augur

    Filled 10 slots in a single session? The Bazaar Pim-I mean banker, will be talking about that one for years to come.

    I thought there was something fishy about all those gear-less dark elven trader gals...moving on, however...


    Consider it training for the youth of tomorrow, today.

    In real life, I don't begrudge others excess or look down on ambition, I am not about to do so in a game.

    Eccentricity and excess are two of the spices of life. That said its always better to play the market than to play the ponies, otherwise who knows?

    You might get accused of being up to F'ery or some such.

    P.S.
    Do you know how to bring tears to a monkey's eyes? Tell him Tarzan swings both ways.- Paul Lynde