Ebil Wednesday #11 - The market is a hot mess

[Ura Hero]

Heyo Ebil Marketeers.

 

The market is a dumpster fire at the moment.  Prices are all over the place.  Looks like one or more people are just dumping IO's to get rid of inventory.

 

Or maybe I'm just crazy which is a strong likely-hood.

 

Things have been slow so I've been slogging through fire farms as a time waster.  It's not the fastest influence generator, but when you have nothing else to do, at least it is somewhat profitable.

 

It's all fine.

 

 

[SuperDan]

Can confirm.

[Andreah]

I've noticed more volatility in some items than usual, and more extra-zeros showing up.

[Yomo Kimyata]

Volatility and wide spreads benefit the market makers.

 

"For we are the market makers.  And we are the dreamer of dreams." -- Willy Wonka (or possibly Yomo)

[Without_Pause]

Biggest thing I have seen is LotG: +Recharge not being a consistent 8 mil anymore. Numerous ones are being sold in the 6 mil area.

[Ukase]

11 hours ago, Without_Pause said:

Biggest thing I have seen is LotG: +Recharge not being a consistent 8 mil anymore. Numerous ones are being sold in the 6 mil area.

Umm....I can't say every day, but since the change to 0XP/2xINF, the price of Lotg 7.5% has dropped (at least when I look) from routine 7-8M to routine 6-7M. 
I haven't seen it at a consistent 8M since then. Every now and then, sure. But mostly 6-7m. 

I've definitely seen pvp IOs drop a good bit...but only in spurts. Not consistently. 

 

[Saikochoro]

14 hours ago, Without_Pause said:

Biggest thing I have seen is LotG: +Recharge not being a consistent 8 mil anymore. Numerous ones are being sold in the 6 mil area.

I never pay more than 6 mil for LOTG + rech and sometimes will pay as low as 4.5 mil. Granted I don’t mind waiting a day or two for an order to fill. Buy it now prices can be super volatile though. 

Edited February 11, 2022 by Saikochoro

[Without_Pause]

I could sell them at a "8 mil" listing as of the last 1-2 weeks without a second thought. They would always sell within the same day. I've literally been selling that way for months.

[Yomo Kimyata]

On 2/9/2022 at 9:23 AM, Ura Hero said:

 

Looks like one or more people are just dumping IO's to get rid of inventory.

 

 

It's been clear that one or more people have been doing so, but I wouldn't say dumping.  Big blocks are coming in, but not at 5 inf prices.

[Cancrusher]

On 2/9/2022 at 8:23 AM, Ura Hero said:

Heyo Ebil Marketeers.

 

The market is a dumpster fire at the moment.  Prices are all over the place.  Looks like one or more people are just dumping IO's to get rid of inventory.

 

Or maybe I'm just crazy which is a strong likely-hood.

 

Things have been slow so I've been slogging through fire farms as a time waster.  It's not the fastest influence generator, but when you have nothing else to do, at least it is somewhat profitable.

 

It's all fine.

 

 

 

You're not wrong.  I sell everything at 1 inf.  Everything! I always have, ever since I figured out it would still make me an adequate amount of influence and minimize the amount of time I have to interface with the crappy AH system.

 

I'm not here to play a market investor.  I'm here to play a super being kicking villain (or hero) ass.  I offer no apologies for this.

[Bionic_Flea]

The Flippers Association of Paragon (FAP) love you.

[Cancrusher]

Many players make mountains of cash from me, I have no doubt.  As long as I can get what I need with as little fuss as possible, more power to 'em.  👍

[Yomo Kimyata]

2 hours ago, Bionic_Flea said:

The Flippers Association of Paragon (FAP) love you.

 

I have one alt I don't like playing who does nothing but flip unslotters.  She's done very well for herself at Wentworths.

[Ukase]

11 hours ago, Yomo Kimyata said:

 

I have one alt I don't like playing who does nothing but flip unslotters.  She's done very well for herself at Wentworths.

You can't be serious. You're telling me - you bid at low/very low prices, then re-list at higher prices? Have you no shame? You have a responsibility to the community to not do such things. There are new players without our deep pockets that could do without the non-value added surcharge. 

Crafting/converting, I absolutely get. You're spending time, energy etc. But if you're not adding value, then that's quite shameful. Tsk, tsk. 

And if I've misunderstood, shame on me. But if not, that's really quite disappointing. 

On the other hand, the folks that loathe the AH so much they can't be bothered to sell something for a proper price, they shouldn't engage with it at all.

But those are just my thoughts in this very tiny specific moment in time. Once I finish the post, I will change my position to suit my needs. 

[Yomo Kimyata]

2 hours ago, Ukase said:

You can't be serious. You're telling me - you bid at low/very low prices, then re-list at higher prices? Have you no shame? You have a responsibility to the community to not do such things. There are new players without our deep pockets that could do without the non-value added surcharge. 

Crafting/converting, I absolutely get. You're spending time, energy etc. But if you're not adding value, then that's quite shameful. Tsk, tsk. 

And if I've misunderstood, shame on me. But if not, that's really quite disappointing. 

On the other hand, the folks that loathe the AH so much they can't be bothered to sell something for a proper price, they shouldn't engage with it at all.

But those are just my thoughts in this very tiny specific moment in time. Once I finish the post, I will change my position to suit my needs. 

 

Who said I was relisting at *higher* prices?

 

Boy, if that gets your spandex bloomers in a twist, wait until you read my memoirs, "I Was a Teenage Market Maker:  The Harrowing Adventures of the Invisible Hand."  There's some stuff in there that will turn your hair blue!

[Luminara]

4 hours ago, Ukase said:

You can't be serious. You're telling me - you bid at low/very low prices, then re-list at higher prices? Have you no shame? You have a responsibility to the community to not do such things. There are new players without our deep pockets that could do without the non-value added surcharge. 

 

If @Yomo Kimyata were driving the price of unslotters higher, that would benefit new players, as they can acquire ~200+ merits at level 1, without engaging in a single second of combat, and turn them into unslotters to sell at those flip-inflated prices, netting even greater profits than they otherwise would.

 

Edited February 12, 2022 by Luminara

[Yomo Kimyata]

The unslotter market is rather irrational.  Given that you can trade a merit for 3 converters or 2 unslotters, you would expect unslotters to trade at roughly 100k less/plus.  But when people want them, they want them right now and pay 150k for them.  And when they want to dump them, they want to dump them right away and sell them for less than half that price.  And whereas it's simple to get a good price on 100 or 1000 or 10000 converters, the unslotter market is much much thinner since they aren't as universally useful.

 

It's rather moot for me, since I have something like 5k of the damned things sitting in my Character Items.

[Andreah]

Flippers are not evil. They do a mix of good and bad. Imo, often more good than bad, especially since inf is so easy even for lowbies to get (on my server, all one has to do is ask politely in help or broadcast and generally millions will shower down on you) and consistent supply and more stable prices are everyone's friends. 

 

While I'm at it, I will call BS on the idea that "listing for 1" helps anyone but marketeers. These get bought out by large standing bids or volume deal hunters. New players, casual players, and even many veteran non-marketeers buy stuff on the spot and usually pay way too much for it anyway, even if it's listed for 1.

[Ukase]

Relax folks, I was just teasing Yomo. Note the last line where I say I'll change my position. 

Guess it was funnier in my wee brain. 

[Andreah]

1 hour ago, Yomo Kimyata said:

the unslotter market is much much thinner since they aren't as universally useful.

I go through a lot of unslotters, but many are from pack drops. I still buy a fair number on the market. I imagine, probably from you, and I hope, close to your listing price. :D

[EmperorSteele]

I just wanna know who's the dork who drove uncommon salvage up above 15k >=O

 

I'd say time to sell out, but I usually vendor all mine after playing for the evening >=(

[UltraAlt]

22 hours ago, Ukase said:

Once I finish the post, I will change my position to suit my needs. 

 

[Andreah]

On 2/11/2022 at 4:32 PM, Cancrusher said:

 

You're not wrong.  I sell everything at 1 inf.  Everything! I always have, ever since I figured out it would still make me an adequate amount of influence and minimize the amount of time I have to interface with the crappy AH system.

 

I'm not here to play a market investor.  I'm here to play a super being kicking villain (or hero) ass.  I offer no apologies for this.

Some of us play both :D

 

And the two roles synergize very well. 

 

I also list a lot of my stuff for 1 inf. Most of the time, it's small potatoes, and I can let people who specialize in those goods turn them into money through volume. I specialize in other things. I have no illusions it's helping anyone truly needy, however. 

 

Our time is truly the one real cost of everything in game. And that time has variable utility based on whether we enjoy what we are doing during it, and players enjoy different facets of the game.

[Bionic_Flea]

19 hours ago, Andreah said:

Flippers are not evil.

 Flipper's not evil.  That's his evil twin, Ripper.

 

 

[iBot]

I've bounced between unslotters, converters, and catalysts several times.  And when I do I often stop to try to think about the why of some of those bids.  Then I remember, "Oh right... humans." and I go back to what I was doing.

 

Converters I understand because you need a LOT when RNGesus just isn't cooperating.  So solid supply/demand dynamic in play there.

 

Catalysts I scratch my head at because they can be scored easier ways than the AH but whatever shut up and give me my 1.5 mil (or whatever it is they sell for I forget now).

 

Unslotters I have no idea.  I think I've used exactly 1 the entire time I've been back in game and that was just to see what it did exactly.  My build is either planned out meaning I never need to remove something or if I do I just respec that one time at 50 to remove all the IOs and put in the sets I want if I didn't do that already as I was leveling anyway.