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Hate Myself
Science and Trade Institute Caldari State
0
|
Posted - 2015.07.30 23:06:52 -
[1] - Quote
This has puzzled me for some time but I typically only see things from a 0.01 ISKGÇÖers point of view.
For me, there is only two reason not to 0.01 isk someone, they are;-
A. The market is so out of wack that few people are going to buy/sell at that price like Adaptive Invulnerability Field IGÇÖs selling for 10 million. I would bring them back to a GÇÿreasonableGÇÖ 500k.
B. A mission runner/miner/non trader puts in a sell order for a stack of stuff he does not like the buy order price set. (Yum, snap that up)
Here is what I think people may be thinking and why I think they are insane;-
1. They want to GÇÿpushGÇÖ me and my kind out of the market.
My Answer: 0.01 ISK them, I hope you push hard because sooner or later I (or someone else) is going to spot it on eve-central and make a lot of isk off you. I will push you below the 1.5% mark to make sure.
2. They morally object to 0.01 ISKGÇÖing.
My Answer: LOL, 0.01 ISK them, they are not going to last long.
3. They play the market to be annoying
My Answer: 0.01 ISK them, trust me, that seems far more annoying judging by the threads I read.
4. They are bad at math.
My Answer: 0.01 ISK them.
5. They think they are smart and are 10.01 ISKGÇÖing.
My Answer: 0.01 ISK them, perhaps they will work out some day we actually know what they are upto and watch for it.
6. They misunderstood something at school and thought buy high sell low is actually a thing.
My Answer: 0.01 ISK themGǪ..
So, yeah, I need educating, why do you NOT 0.01 ISK?
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Paranoid Loyd
6441
|
Posted - 2015.07.30 23:35:15 -
[2] - Quote
You are severely over thinking this. While nothing you posted is implausible some people just wanna unload their **** as quickly as possible but understand selling to buy orders is not nearly as profitable so the next logical step is to undercut the sell orders and they don't understand they will just be .01 isked as soon as someone notices.
"Gankers are just other players, not supernatural monsters who will get you if you don't follow some arbitrary superstition. Haul responsibly and without irrational fear." Masao Kurata
Fix the Prospect!
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Alexi Stokov
State War Academy Caldari State
55
|
Posted - 2015.07.30 23:53:09 -
[3] - Quote
Because they don't care that much and know that there are people out there that do.
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Sabriz Adoudel
Black Hydra Consortium. CODE.
5207
|
Posted - 2015.07.31 00:48:10 -
[4] - Quote
There's a time and a place for 0.01 ISKing (or 10.01 ISKing which is the same thing), and a time and a place for deep undercutting.
I for one often deep undercut with the intention of being 0.01 ISKed and then buying out the undercutter's entire stack, and relisting high. Alert traders will see what I am doing a mile off and not bite, but idiots will not, and you make more out of idiots than you do out of alert traders.
Made a good deal doing that with certain tech 2 modules recently.
But sometimes, I just want out of a market and do not want to be counterundercut, so I will post well below the present sell orders.
Shoot everyone. Let the Saviour sort it out.
I enforce the New Haliama Code of Conduct via wardec ops. Ignorance of the law is no excuse - read about requirements for highsec miners at www.minerbumping.com
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HeXxploiT
Big Diggers Get Off My Lawn
164
|
Posted - 2015.07.31 00:50:55 -
[5] - Quote
As difficult as it may be to imagine there are a multitude of reasons to not .01isk.
I believe the market is about to crash and I want to unload my stock. I want to frustrate my competitors into not selling beneath my price. I want to trick my competitors into selling at a lower price. I'm only coming to jita(name your station) once per week and am less likely to be undercut if I undercut the ask by a large fraction.
There are many more reasons than I am willing to take the time to list here but all of these I have used strategically to my personal benefit. |
Alt Pilot1
Hysera Innovations
2
|
Posted - 2015.07.31 00:52:19 -
[6] - Quote
Hate Myself wrote:This has puzzled me for some time but I typically only see things from a 0.01 ISKGÇÖers point of view.
For me, there is only two reason not to 0.01 isk someone, they are;-
A. The market is so out of wack that few people are going to buy/sell at that price like Adaptive Invulnerability Field IGÇÖs selling for 10 million. I would bring them back to a GÇÿreasonableGÇÖ 500k.
B. A mission runner/miner/non trader puts in a sell order for a stack of stuff he does not like the buy order price set. (Yum, snap that up)
Here is what I think people may be thinking and why I think they are insane;-
1. They want to GÇÿpushGÇÖ me and my kind out of the market.
My Answer: 0.01 ISK them, I hope you push hard because sooner or later I (or someone else) is going to spot it on eve-central and make a lot of isk off you. I will push you below the 1.5% mark to make sure.
2. They morally object to 0.01 ISKGÇÖing.
My Answer: LOL, 0.01 ISK them, they are not going to last long.
3. They play the market to be annoying
My Answer: 0.01 ISK them, trust me, that seems far more annoying judging by the threads I read.
4. They are bad at math.
My Answer: 0.01 ISK them.
5. They think they are smart and are 10.01 ISKGÇÖing.
My Answer: 0.01 ISK them, perhaps they will work out some day we actually know what they are upto and watch for it.
6. They misunderstood something at school and thought buy high sell low is actually a thing.
My Answer: 0.01 ISK themGǪ..
So, yeah, I need educating, why do you NOT 0.01 ISK?
It's hard to figure out exactly why because there can be a variety of reasons.
So trying to figure that out will drive you nuts (which seems like what's happening here =P).
But I think you have the right idea - if there's a profit, doesn't matter what they do, just undercut them by 0.01. You are only shortening your life span by getting agitated. There is nothing else you can do about it, so just let Economics take care of the rest. |
Hate Myself
Science and Trade Institute Caldari State
0
|
Posted - 2015.07.31 01:16:24 -
[7] - Quote
Alt Pilot1 wrote:You are only shortening your life span by becoming agitated.
Sorry, you misunderstand me, I was not clear.
I am not getting agitated, I am giggling all the way to the bank!
The behaviour perplexes me though, why undercut by 100 or 1,000 or 10,000? I (and others) will just 0.01 ISK you.
I sometimes think that they think they will buy/sell more items that way. In the end though, there is a fixed amount of any item that will sell in a given period regardless of what the prices is (within limits as I mentioned above) and that is it. The same goes for buying items. Heavily discounting or overpaying does not make more items available.
They are just making it easy for us 0.01 ISK'ers to get all their stock ;) .
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Alexi Stokov
State War Academy Caldari State
55
|
Posted - 2015.07.31 01:32:37 -
[8] - Quote
Hate Myself wrote:Alt Pilot1 wrote:You are only shortening your life span by becoming agitated. Sorry, you misunderstand me, I was not clear. I am not getting agitated, I am giggling all the way to the bank! The behaviour perplexes me though, why undercut by 100 or 1,000 or 10,000? I (and others) will just 0.01 ISK you. I sometimes think that they think they will buy/sell more items that way. In the end though, there is a fixed amount of any item that will sell in a given period regardless of what the prices is (within limits as I mentioned above) and that is it. The same goes for buying items. Heavily discounting or overpaying does not make more items available. They are just making it easy for us 0.01 ISK'ers to get all their stock ;) . You do realize that if I drop the price by 1000 then you under cut me by .01, that you've dropped you price by 1000.01? Maybe it is I that wants you to drop low so I can get your stock. |
Alt Pilot1
Hysera Innovations
2
|
Posted - 2015.07.31 01:44:05 -
[9] - Quote
Alexi Stokov wrote:Hate Myself wrote:Alt Pilot1 wrote:You are only shortening your life span by becoming agitated. Sorry, you misunderstand me, I was not clear. I am not getting agitated, I am giggling all the way to the bank! The behaviour perplexes me though, why undercut by 100 or 1,000 or 10,000? I (and others) will just 0.01 ISK you. I sometimes think that they think they will buy/sell more items that way. In the end though, there is a fixed amount of any item that will sell in a given period regardless of what the prices is (within limits as I mentioned above) and that is it. The same goes for buying items. Heavily discounting or overpaying does not make more items available. They are just making it easy for us 0.01 ISK'ers to get all their stock ;) . You do realize that if I drop the price by 1000 then you under cut me by .01, that you've dropped you price by 1000.01? Maybe it is I that wants you to drop low so I can get your stock.
oh my........let the fun begin |
Hate Myself
Science and Trade Institute Caldari State
0
|
Posted - 2015.07.31 01:47:14 -
[10] - Quote
Alexi Stokov wrote: You do realize that if I drop the price by 1000 then you under cut me by .01, that you've dropped you price by 1000.01? Maybe it is I that wants you to drop low so I can get your stock.
Na, if you had dropped it to any sort of 'good deal' level I would have bought you out, if you buy my stock out it is because it still has a hefty markup on it (that I 0.01 ISK'ed earlier).
I win either way. |
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Max Deveron
Deveron Shipyards and Technology
218
|
Posted - 2015.07.31 03:24:23 -
[11] - Quote
I as industrialist (actually building the stuff) pretty much only have the ISK investment of the production costs to worry about.
I have seen 0.01's do that to me on the market when i place things just below or even at their lowest sell order prices. Now what is funny is when i start dropping the price by 500k-5 million....they still keep dropping at .01
I dont place buy orders, i can build 100 destroyers at the cost of just under 100k, or some battlecruisers at the cost of 35 million for a stack of 10 of them and sell at 70-80 each, same with battleships, freighters, orcas, modules, and especially rigs.
And if i have enough stock of something i can destroy the market quite easily because of the nature of .01's Like last November, talos were going for as much as 80-90 mill....when a 0.1 attempted to do his thing i just started dropping prices...i sold my last talos for about 70 mill when i was done. The market however had dipped afterwards to avg 60-64 on buy orders and as low as 66 on avg in sell orders and di not recover till late Feb/early March to its former Nov pricing.
So I must ask, when you see this going on....why do you insist on 0.01ing the stuff when it becomes obvious your 0.01 does not affect me at all, ever?
*on side note* my CEO told me not to do that anymore, because we have the ability like every other serious indy guy to dump several categories. |
Hate Myself
Science and Trade Institute Caldari State
0
|
Posted - 2015.07.31 03:46:37 -
[12] - Quote
Max Deveron wrote:So I must ask, when you see this going on....why do you insist on 0.01ing the stuff when it becomes obvious your 0.01 does not affect me at all, ever?
Fair question.
In general us 0.01 ISK'ers don't actually care how much we sell things for we are only interested in turning the item over. While 100% profit is nice anything above 1.5% (less with rep) is gravy to us. Not 0.01 ISK'ing your orders just leaves us with a pile of capital in our hangars that is not turning back to ISK so we can turn it over again (and again).
Even when a market does a permanent swing on us and we sell for -10% or whatever we will still be doing it, we need to turn those items back to isk to turn over into items etc.. Cost averaging is our friend here and because we are now buying the items at -10% or whatever we are not making an overtime loss. |
Max Deveron
Deveron Shipyards and Technology
218
|
Posted - 2015.07.31 03:49:38 -
[13] - Quote
Hate Myself wrote:Max Deveron wrote:So I must ask, when you see this going on....why do you insist on 0.01ing the stuff when it becomes obvious your 0.01 does not affect me at all, ever? Fair question. In general us 0.01 ISK'ers don't actually care how much we sell things for we are only interested in turning the item over. While 100% profit is nice anything above 1.5% (less with rep) is gravy to us. Not 0.01 ISK'ing your orders just leaves us with a pile of capital in our hangars that is not turning back to ISK so we can turn it over again (and again). Even when a market does a permanent swing on us and we sell for -10% or whatever we will still be doing it, we need to turn those items back to isk to turn over into items etc.. Cost averaging is our friend here and because we are now buying the items at -10% or whatever we are not making an overtime loss.
ok understood, answers my open question. guess we are two sides of the same coin based on that answer. |
Hate Myself
Science and Trade Institute Caldari State
0
|
Posted - 2015.07.31 03:56:27 -
[14] - Quote
Max Deveron wrote:[Guess we are two sides of the same coin based on that answer.
Yeah, fairly much.
Your CEO is right though, dumping stuff is only costing you isk, you had to get the materials, construct the stuff etc. Dropping the price will only reduce margin but it won't scare 0.01 ISK'ers away, our margin is on turnover, you margin is on materials & time.
It is probably not a fight you want to engage in. |
Max Deveron
Deveron Shipyards and Technology
218
|
Posted - 2015.07.31 04:00:45 -
[15] - Quote
Hate Myself wrote:Max Deveron wrote:[Guess we are two sides of the same coin based on that answer. Yeah, fairly much. Your CEO is right though, dumping stuff is only costing you isk, you had to get the materials, construct the stuff etc. Dropping the price will only reduce margin but it won't scare 0.01 ISK'ers away, our margin is on turnover, you margin is on materials & time. It is probably not a fight you want to engage in.
Been engaging in it for 5 yrs now, but thats a moot point at any rate.
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Hate Myself
Science and Trade Institute Caldari State
0
|
Posted - 2015.07.31 04:20:10 -
[16] - Quote
Max Deveron wrote:Been engaging in it for 5 yrs now, but thats a moot point at any rate.
Find yourself a 'pet 0.01 isker', work out what you want to sell them for, add a bit and make him/her an offer (not me, I don't want to be seen as hawking for business).
We are a pile of jackals really, we feed off others efforts and one of our biggest problems is finding stuff to sell, on things like 'battleships, freighters, orcas, modules, and especially rigs' we will generally be salivating over a good supply. |
Jeronica
Habitual Euthanasia Pandemic Legion
389
|
Posted - 2015.07.31 04:22:31 -
[17] - Quote
I think fact of the matter is, as long as the price is still higher than what you bought it for you're still making isk. If you want to put the effort in for a quick return on the stock then go for it. If you know the item will sell without .01'ing every 10min then why bother. You'll eventually get your requested sell price and won't lose sleep about it even if it takes an extra 6 hours.
I used to play the .01 game when I traded 2 years ago, but I think if I were to start trading again I'd do a less effort approach for supplemental isk. I can understand if your capital is low (<5-10bil) .01 isking would be enticing.
EVE-Mogul: https://www.eve-mogul.com
CEO/Programmer
Trade Profit Tracking Service
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Sabriz Adoudel
Black Hydra Consortium. CODE.
5207
|
Posted - 2015.07.31 05:19:11 -
[18] - Quote
Max Deveron wrote:I as industrialist (actually building the stuff) pretty much only have the ISK investment of the production costs to worry about.
I have seen 0.01's do that to me on the market when i place things just below or even at their lowest sell order prices. Now what is funny is when i start dropping the price by 500k-5 million....they still keep dropping at .01
I dont place buy orders, i can build 100 destroyers at the cost of just under 100k, or some battlecruisers at the cost of 35 million for a stack of 10 of them and sell at 70-80 each, same with battleships, freighters, orcas, modules, and especially rigs.
And if i have enough stock of something i can destroy the market quite easily because of the nature of .01's Like last November, talos were going for as much as 80-90 mill....when a 0.1 attempted to do his thing i just started dropping prices...i sold my last talos for about 70 mill when i was done. The market however had dipped afterwards to avg 60-64 on buy orders and as low as 66 on avg in sell orders and di not recover till late Feb/early March to its former Nov pricing.
So I must ask, when you see this going on....why do you insist on 0.01ing the stuff when it becomes obvious your 0.01 does not affect me at all, ever?
*on side note* my CEO told me not to do that anymore, because we have the ability like every other serious indy guy to dump several categories.
There is no way to build destroyers at 100k each.
I build Catalysts quite often and depending on the market they cost 600-850k to build each hull. They are a basket of minerals and are as such sensitive to price fluctuations, mostly caused by fluctuations in supercapital demand.
IIRC the Mexallon alone is more than 100k even at the present historic low prices for Mex.
But if you can build Catalysts for 100k each, feel free to contract twenty thousand of them to me at 200k each tomorrow, and another quarter million to my alliance.
Shoot everyone. Let the Saviour sort it out.
I enforce the New Haliama Code of Conduct via wardec ops. Ignorance of the law is no excuse - read about requirements for highsec miners at www.minerbumping.com
|
Hate Myself
Science and Trade Institute Caldari State
0
|
Posted - 2015.07.31 05:21:49 -
[19] - Quote
Jeronica wrote:I think fact of the matter is, as long as the price is still higher than what you bought it for you're still making isk. If you want to put the effort in for a quick return on the stock then go for it. If you know the item will sell without .01'ing every 10min then why bother. You'll eventually get your requested sell price and won't lose sleep about it even if it takes an extra 6 hours.
I used to play the .01 game when I traded 2 years ago, but I think if I were to start trading again I'd do a less effort approach for supplemental isk. I can understand if your capital is low (<5-10bil) .01 isking would be enticing.
Ahhh, the air of smug superiority
I am not talking about every 10 minutes (though I do know that some like to play like that, more power to them, you are not 'better' than they are).
I am taking when you lower yourself to go check your orders like us mere mortals. |
Sabriz Adoudel
Black Hydra Consortium. CODE.
5207
|
Posted - 2015.07.31 05:23:31 -
[20] - Quote
Jeronica wrote:I think fact of the matter is, as long as the price is still higher than what you bought it for you're still making isk. If you want to put the effort in for a quick return on the stock then go for it. If you know the item will sell without .01'ing every 10min then why bother. You'll eventually get your requested sell price and won't lose sleep about it even if it takes an extra 6 hours.
I used to play the .01 game when I traded 2 years ago, but I think if I were to start trading again I'd do a less effort approach for supplemental isk. I can understand if your capital is low (<5-10bil) .01 isking would be enticing.
I do minor undercuts more when in the marauder market (1.05-1.12 billion ISK per unit) than I do when trading smaller stuff (tech 2 modules).
Where I 0.01 the most aggressively is in markets where the daily turnover (in units) divided by the average purchase quantity (in units) is small. EVE doesn't track the latter but you get to learn it over time - e.g. for Light Neutron Blaster II it's about 8; for Photon Microprocessor it's a thousand or so; and for Marauders it's 1.
The fewer unique buyers per day, the more important it is to have the lowest priced order.
On things like Sisters probes, I'm fine with being undercut over and over, I just leave mine up until the market goes back to my price OR until I need capital fast.
Shoot everyone. Let the Saviour sort it out.
I enforce the New Haliama Code of Conduct via wardec ops. Ignorance of the law is no excuse - read about requirements for highsec miners at www.minerbumping.com
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vccv
71
|
Posted - 2015.07.31 05:57:13 -
[21] - Quote
Hate Myself wrote:Jeronica wrote:I think fact of the matter is, as long as the price is still higher than what you bought it for you're still making isk. If you want to put the effort in for a quick return on the stock then go for it. If you know the item will sell without .01'ing every 10min then why bother. You'll eventually get your requested sell price and won't lose sleep about it even if it takes an extra 6 hours.
I used to play the .01 game when I traded 2 years ago, but I think if I were to start trading again I'd do a less effort approach for supplemental isk. I can understand if your capital is low (<5-10bil) .01 isking would be enticing. Ahhh, the air of smug superiority I am not talking about every 10 minutes (though I do know that some like to play like that, more power to them, you are not 'better' than they are). I am taking when you lower yourself to go check your orders like us mere mortals.
I dont know who we would call "smug" in this situation.. but 5-10b is not a lot. The fact remains, as long as there is profit, sometimes its not worth the trouble to play the pennywars. Of course as others have stated, it can be done for other reasons as well.
My guess is you posted this after growing weary. 01 isking and you werent giggling at all. Try not to overthink it so much.. just my advice. |
Max Deveron
Deveron Shipyards and Technology
220
|
Posted - 2015.07.31 06:23:57 -
[22] - Quote
Sabriz Adoudel wrote:Max Deveron wrote:I as industrialist (actually building the stuff) pretty much only have the ISK investment of the production costs to worry about.
I have seen 0.01's do that to me on the market when i place things just below or even at their lowest sell order prices. Now what is funny is when i start dropping the price by 500k-5 million....they still keep dropping at .01
I dont place buy orders, i can build 100 destroyers at the cost of just under 100k, or some battlecruisers at the cost of 35 million for a stack of 10 of them and sell at 70-80 each, same with battleships, freighters, orcas, modules, and especially rigs.
And if i have enough stock of something i can destroy the market quite easily because of the nature of .01's Like last November, talos were going for as much as 80-90 mill....when a 0.1 attempted to do his thing i just started dropping prices...i sold my last talos for about 70 mill when i was done. The market however had dipped afterwards to avg 60-64 on buy orders and as low as 66 on avg in sell orders and di not recover till late Feb/early March to its former Nov pricing.
So I must ask, when you see this going on....why do you insist on 0.01ing the stuff when it becomes obvious your 0.01 does not affect me at all, ever?
*on side note* my CEO told me not to do that anymore, because we have the ability like every other serious indy guy to dump several categories. There is no way to build destroyers at 100k each. I build Catalysts quite often and depending on the market they cost 600-850k to build each hull. They are a basket of minerals and are as such sensitive to price fluctuations, mostly caused by fluctuations in supercapital demand. IIRC the Mexallon alone is more than 100k even at the present historic low prices for Mex. But if you can build Catalysts for 100k each, feel free to contract twenty thousand of them to me at 200k each tomorrow, and another quarter million to my alliance.
Had this discussion once a long time ago..... whether i do it myself or pay some one to do it....1 hour of mining will net all the low end minerals for 85-90 cats. a few missions and bam enough stuff to melt down takes care of the meg and zyd...... so yeah just paying the production costs....100 destroyers, cats/thrashers/corms are roughly about 40,000 isk per ship to build. |
Hate Myself
Science and Trade Institute Caldari State
0
|
Posted - 2015.07.31 06:36:20 -
[23] - Quote
vccv wrote:My guess is you posted this after growing weary. 01 isking and you werent giggling at all. Try not to overthink it so much.. just my advice.
Nope, I have been at it a few years (and yeah, 5-10b is not a lot).
I even spent most of the time feeling superior to everyone else by not 0.01 isking my orders & playing all sorts of 'tactical games' (my internal bias there, I thought what was pumped here was right).
I also once did the 0.01 ISK every 10 minutes or so. These days though, I 0.01 ISK everything when I check my orders and guess what? My turnover in items has not changed at all in terms of items but my profits are drastically increased. I now look back and wonder WTF I was thinking. |
Cista2
Phoibe Enterprises
129
|
Posted - 2015.07.31 06:48:32 -
[24] - Quote
Because 0.01 isking is time-inefficient. It is that simple.
You make more isk than me per day, but I make more isk than you per minute that I spend in EVE, which is the parameter that I seek to optimise. I bought item x for today's price minus 40% two weeks ago, I don't need to even look at today's market spread of 15% to make 25% profit. So I undercut you with 5%, then with 5% more, then you buy my order.
Then we are both happy, but I am the only one of us who understands why.
My channel: "Signatures"
-
Recommended: "The Biomass Bar" (for corpse selling)
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Hate Myself
Science and Trade Institute Caldari State
0
|
Posted - 2015.07.31 08:01:46 -
[25] - Quote
Cista2 wrote:Because 0.01 isking is time-inefficient. It is the simplest of answers, yet you have still not realised it.
Why?
It is probably quicker, I don't have to make any decisions, I just 0.01 ISK. Don't change how often you check your orders, just 0.01 ISK everything.... profit!
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Etara Silverblade
Morex Group Inc. Haven.
45
|
Posted - 2015.07.31 08:40:42 -
[26] - Quote
It's only a game and making isk isn't everything. I like certain numbers and dislike others so I make sure my orders don't end in even digits. Sometimes I want to make sure my order ends in .99 othertimes I'll play with the digits in the price to make a pattern. It's all to have fun with it and not worry about the actually making isk or being efficient. I still make my isk in the end and a little less or more doesn't really matter.
Your analysis of the practice looks like you are taking it way to seriously and you'll never have fun doing that. That's what RL is for, maybe. |
Hate Myself
Science and Trade Institute Caldari State
0
|
Posted - 2015.07.31 08:49:08 -
[27] - Quote
Etara Silverblade wrote:Your analysis of the practice looks like you are taking it way to seriously and you'll never have fun doing that. That's what RL is for, maybe.
That is a fallacy, I have plenty of fun playing the markets, it is one of my favorite things to do in EVE.
Why do you do it if it is not for fun? Sounding a bit hypocritical there :P . |
Sabriz Adoudel
Black Hydra Consortium. CODE.
5208
|
Posted - 2015.07.31 10:30:43 -
[28] - Quote
Max Deveron wrote:Sabriz Adoudel wrote:Max Deveron wrote:I as industrialist (actually building the stuff) pretty much only have the ISK investment of the production costs to worry about.
I have seen 0.01's do that to me on the market when i place things just below or even at their lowest sell order prices. Now what is funny is when i start dropping the price by 500k-5 million....they still keep dropping at .01
I dont place buy orders, i can build 100 destroyers at the cost of just under 100k, or some battlecruisers at the cost of 35 million for a stack of 10 of them and sell at 70-80 each, same with battleships, freighters, orcas, modules, and especially rigs.
And if i have enough stock of something i can destroy the market quite easily because of the nature of .01's Like last November, talos were going for as much as 80-90 mill....when a 0.1 attempted to do his thing i just started dropping prices...i sold my last talos for about 70 mill when i was done. The market however had dipped afterwards to avg 60-64 on buy orders and as low as 66 on avg in sell orders and di not recover till late Feb/early March to its former Nov pricing.
So I must ask, when you see this going on....why do you insist on 0.01ing the stuff when it becomes obvious your 0.01 does not affect me at all, ever?
*on side note* my CEO told me not to do that anymore, because we have the ability like every other serious indy guy to dump several categories. There is no way to build destroyers at 100k each. I build Catalysts quite often and depending on the market they cost 600-850k to build each hull. They are a basket of minerals and are as such sensitive to price fluctuations, mostly caused by fluctuations in supercapital demand. IIRC the Mexallon alone is more than 100k even at the present historic low prices for Mex. But if you can build Catalysts for 100k each, feel free to contract twenty thousand of them to me at 200k each tomorrow, and another quarter million to my alliance. Had this discussion once a long time ago..... whether i do it myself or pay some one to do it....1 hour of mining will net all the low end minerals for 85-90 cats. a few missions and bam enough stuff to melt down takes care of the meg and zyd...... so yeah just paying the production costs....100 destroyers, cats/thrashers/corms are roughly about 40,000 isk per ship to build.
You are a Minerals I Mine Are Free person?
In that case, my offer to purchase twenty thousand catalysts at 200k each stands. Or any smaller number.
I can provide BPCs if you do not own the relevant BPOs.
Shoot everyone. Let the Saviour sort it out.
I enforce the New Haliama Code of Conduct via wardec ops. Ignorance of the law is no excuse - read about requirements for highsec miners at www.minerbumping.com
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virm pasuul
Viziam Amarr Empire
312
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Posted - 2015.07.31 11:04:21 -
[29] - Quote
This thread seems like a ego stroke "look how clever I am" post, but it paints the opposite picture to the intended one for me. There is a time and a place for 0.01ing, however that is not all the time and everywhere. Consideration of factors like daily volume, peaks and troughs, adjacent price density at certain points, awareness of market manipulation attempts, even market cost of raw materials versus market cost of finished item, can all make you more ISK for less effort.
That you cannot see something does not mean it does not exist, only that you cannot see it.
To answer the question that is the title of this thread. "To make more ISK." |
Cista2
Phoibe Enterprises
129
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Posted - 2015.07.31 11:23:10 -
[30] - Quote
Hate Myself wrote:Cista2 wrote:Because 0.01 isking is time-inefficient. It is the simplest of answers, yet you have still not realised it. Why? It is probably quicker, I don't have to make any decisions, I just 0.01 ISK. Don't change how often you check your orders, just 0.01 ISK everything.... profit! Ah, but you just said yourself, that if I undercut you with 10% then you will buy my stuff and relist it. This is exactly what i wanted you to do and what makes me happy. And you still don't get it.
If i 0.01 ISK you then you will 0.01 ISK me and my stuff won't sell for days or weeks, unless I spent as much time and energy in the game as you do. Which I don't.
So we are both happy, except only one of us aware of what is going on.
My channel: "Signatures"
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Recommended: "The Biomass Bar" (for corpse selling)
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