Yomo Kimyata

Short answer: it depends. Long answer: iiiiiiiiiiiiiiittttttttttttt dddddddddddeeeeeeeepppppppppeeeeeeennnnnnnnddddddddssssssss.

I don’t see this as a problem that needs a solution, but alternatively, if rare salvage prices were to drop, it would be economical to craft rates directly again. The only reason I’ve bought rare salvage in the past two months is to craft purples. I’m having a hard time justifying the demand side of the equation. I’d short the market if I could.

I had a fun concept and started a new alt. I read how Poison is unliked, and I don’t know if I’ve read word one in Mind Control. If you were going to take Mind/Poison to 50 and beyond, what would you focus on?

Short answer: convenience and desire and the lack thereof. If you NEED inf, there are many, many ways to go about it. The simplest way being play your high level characters. Some people prefer farming, etc. Some people just don't care to learn about it, or don't like using the AH. And in the marketplace, the convenience of buying (or selling) it now rather than crafting something else and converting and attuning is worth a lot to some people.

I’m not a merit hunter by nature, but being able to solo a TF is a game changer. Was that ever enabled in Live or is this just a Homecoming thing?

This is kind of my long-term goal. I can't make people play their alts to 50 rather than PLing them, but I can help make it easy for them to (as you stated) deck themselves out with sets of Entropic Chaos at lvl 17. Basilisk's Gaze is extremely useful, and in my opinion way underpriced, but lots of people seem to skip right past that on their way to incarnates. I doubt I'm losing money on any of the stuff I'm supplying, but I'm definitely not maximizing my margins by putting a lot of sub-50 material into the AH.

Huh, I learned something new! I didn't read your P2W guide, since it is a QoL service that I mostly don't use. I enjoy the leveling process, and frankly, it mostly makes an easy game too easy for me. YMMV. Oh, but I do buy the crafting table on every alt!

Great guide! There are all kinds of variations, but this is a good, easy-to-follow system. Personally, my "ditch-digger" technique uses lvl 30s recipes that don't automatically convert within category to rare. This is purely to capture the Karma/Steadfast Protection/probably a few others opportunities. So I convert by common one or more times, then convert by category when I get to one I want. Also, I don't pay nearly as much for components as you do. Saving 25-50k+ on one craft isn't a lot of money, but when you do it thousands of times it adds up. This is a good guide to inform people about how to produce valuable resources easily. How they monetize it is another issue. As AboveTheChemist notes, selling is more of an art than a science. And there is a big difference between selling it dear or selling it now. One of my maxims is BUYING IS EASY; SELLING IS HARD.

Technically, since you have to have a listing fee, you have to kill SOMETHING. Unless there is another way I'm unaware of. Get the all the badges in Atlas Park and you’ll get 5 merits. Go to the merit vender and buy 15 enh convs and hit the AH. Boom 1.2-1.5 million inf. Without hitting a thing. But you need some inf for the posting fee. You simply cannot sell anything on the AH without 1 inf.

Technically, since you have to have a listing fee, you have to kill SOMETHING. Unless there is another way I'm unaware of.

This. To the point that I’m replacing the non attuned ones

Going off memory, but I think it is a 1.5PPM proc, so it would work like any other PPM proc. Based on recharge of the power and the type of power it is, there is a probability of proc that can be calculated, and that probability is applied to every target it hits. If you have a power in mind, I can give you an idea of the probability. So it has a chance to provide +end to the mobs it hits? Or to you? Or something else?

I should know this, but I don't. If you put the Performance Shifter proc into an offensive power, what does it do when it activates?

JusticeBowler, I promise you that you haven't missed out on something. I understand that lots of people choose to NOT be in the market, but there is no reason to not be making money if you want to. A lot of it is practice, and doing it over and over again. It's really, really hard to make 5mm profit on a conversion trade, but it's really easy to make 500k profit on ten trades. I suggest you try it again, but keep your sights modest. Get 10 recipes, 100 converters (you probably won't need that many). Call it a 15mm investment. Roll those ten until you get something you can sell in the market for over 1mm. You might end up with 10 Miracle procs and sell for 50mm before fees. Chances are you'll end up with some less savory items, but chances are very good you will end up with well over 20mm before fees. As you do it more and more, you will learn tips and niches, and it will get easier and easier. I guarantee* it. * not an actual guarantee

Frankly, there is no real reason that anything in the LotG complex should be trading for significantly less than 2mm short of the highest selling component. That goes for any set. Edit: I just broke one of my cardinal rules: NEVER FORGET THE VIG. Replace “2mm” with “2mm plus fees”.

There's still going to be a very liquid market for converters. It's currently (apparently) the best way to monetize your merits, with 100 merits getting you 25-30mm pre-vig. It's also a great value multiplier for crafters/converters (I estimate that each converter adds 3-10x its value.) But I'd say that there are better sellers than buyers. I generally get my bids filled in the 85k-95k range depending on how quickly I want them. And I think I could probably buy all I wanted NAO at 100k. And I want a LOT. So if you wiped out the bidders, I'd be right back in there, but probably at a little lower level and I'd see if I got filled. So my prediction would be that the market would remain large and liquid but maybe at slightly lower prices.

I fully support your ambition.

I cannot reiterate this enough. You have (usually) at least 10k of seed capital fresh out of Outbreak. Use that to: 1. Buy unwanted recipes from the AH and sell them to vendors. Buy them at lvl 50 since vendors pay based on level. 2. Buy unwanted enhancements, especially SOs and sell them to vendors. A lot of people would rather put them on the AH for essentially free. 3. Trade common salvage. I do this with all new alts and generally have my first million in less than 10 minutes while running missions. That’s not even touching the crafting and converting strategies covered in the Market sub forum.

When I was a teenager, I went on a class trip to Trance. One day in Paris, we were running behind schedule. “Welcome to the Louvre,” our guide said. “The world’s largest museum. Over a million works of art.” He checked his watch. “Meet me back here in 15 minutes. I ran and in 15 minutes saw the Mona Lisa, Winged Victory and Venus de Milo. Then we have to leave. A few years ago, we went back to Paris and spend six hours in the Louvre. I can imagine going to the Louvre so many times that I would want to break my 15 minute speed run, but I’m pretty sure that by that point I’d probably just stop going to the museum. Anyway, play how you want. If it’s not adversely affecting others, have at it.

I think that the person who had 500mm-1bn in liquid inf would consider themselves wealthy -- I think that's enough to outfit one or two high end 50s at buy-it-now prices, and I'm going to guess that level of wealth is around the median of the Homecoming population. And I think most people spend it as it comes. I think that 5-10bn puts you in the top 1%. I think that "a lot" of wealth would be 50+bn, partly because I think it is feasible that someone has been able to amass that much. I've cleared over a billion in profit in a day before, and I think it is repeatable, but things really need to work out (i.e., buyers need to come out in droves). But it would be a lot of tiresome micromanagement to keep up that pace and stay ahead of the other sellers. I usually keep about 100-250mm on each alt for posting fees and working capital, on about 35 alts. Everything else is tied up in bids. I'm really not sure what the total would be if I took down all my bids.

I'm not going to claim I'm any sort of altruist, but I think for the most part the market mechanism keeps my behavior in line with norms. I tend to keep to three basic rules: 1. Have fun 2. Make inf 3. Don't cause any harm I craft shovels and picks for the spines/fire farmers. I make inf, they get their tools, we all have fun. I make markets, and am often the highest outstanding bidder and the lowest outstanding offer. I provide liquidity, people can buy it now or sell it now, I make inf, we all have fun. What I do not do is manipulate markets or "paint the tape" in order to influence others. First, it's kind of a dick move, and second, it's not easy to make inf that way. What I do NOT do is pay a fair price for everything I bid for. I get happiest when I realize that I can throw a bunch of lowball bids out there because someone is wrongfully assuming that the highest outstanding bid is a good one. I actually view that as providing a valuable lesson: NEVER OFFER AT A PRICE LESS THAN YOU ARE WILLING TO SELL AT. You can have 1,000 alts per server, and each alt has 100+ market slots. Market slots are cheap (unlike Live) so use them to offer your goods at an acceptable level. How quickly they sell is up to you and the vagaries of the market. If you offer at 1 inf, be prepared to sell at 1 inf. Oh yeah, I also always post Crushing Impacts and Thunderstrikes for sale, even if I would make more inf by rerolling them. I figure they are useful to someone.

As time goes by, I think we will see more of these shenanigans. If you have a lot a LOT of inf and have purpled out your mains, what are you gonna spend your influence on? I’ve often wondered if I could earn enough inf to buy out the cap in the common salvage market just to see what would happen. The devs would probably add another 20mm, but it would be fun to try!

Keep in mind there are some very profitable uncommons. Steadfast Protection I’m looking right at you.

It'll never last. Too easy to generate more from other LoTG and other defense IOs. Now, it would be REALLY diabolical if s/he bought up every defense IO recipe and enhancement and reposted at 5mm inf higher.

I distinctly remember street sweeping with my ice/fire tank in Live for alchemical silver. Along with luck charms, that was a manipulated market, and I seem to recall having made a lot of inf just hitting the bid. Haven't been to the new one yet, but I'm looking forward to it!