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Hanoi Hana
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Posted - 2007.09.03 03:09:00 -
[1]
If I leave a buy order at top-of-market overnight, I'll come back and notice 59 Random Module II's sold at once and 20 Random Other Module II's sold at once... I'm wondering what's going on in the market to cause these sales. They have happened every time I've put up buy orders for these and other T2 items. These items have very stable markets and my buy orders are not higher than is reasonable even considering the past few months' history.
Maybe there's no reason for it other than somebody wanted to sell a large number of them, but it happens often enough for me to wonder and come here asking why. Thanks in advance for the expert replies I usually receive in the Market Forum.
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Dr Slurm
General Commodities
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Posted - 2007.09.03 03:55:00 -
[2]
are you buying or selling? your post is rather unclear. Tired of the inane ramblings of the incompetent? Click here |
Feng Schui
Minmatar The Ninja Coalition
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Posted - 2007.09.03 03:59:00 -
[3]
sounds like either cross regional trades to me.
The Beginning <-- crap quality, need to redo, sorry :( |
Treelox
Amarr Frontier Technologies
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Posted - 2007.09.03 04:02:00 -
[4]
Invention enabled wannabe traders that get their invention warez for "free"(the idiots).
Also take the "quick-buck pirate" into account. Since there is more T2 dropping from their prey(post-invention), Pirates actually have surplus T2 to sell, and its hard to set up Sell orders when you only have 250sp in trade. -- http://www./sigs/Treelox/sig.png [orange]signature removed (change the zombie gagging sig) - please email us (with the signature URL) if you want to know why - Pirlouit([email protected] |
Shar Tegral
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Posted - 2007.09.03 04:05:00 -
[5]
Originally by: Hanoi Hana Edit: I just got 80 Random Another Module II's sold to me at once, for rock-bottom prices...
This brings to mind a pirate friend of mine. He loots tons of modules in his questionable activities. I can see him, or someone like him, deciding rock bottom market prices is plenty of profit for his needs. After all, 90% profit now does beat 100% profit over the next 2 months in almost every case.
It's A GIRL!!!!! |
Hanoi Hana
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Posted - 2007.09.03 04:13:00 -
[6]
Clarification for the first reply: I place a large buy order for often-used T2 items and get unexpectedly large chunks of the order fulfilled at once when I check back the next day. This is in Jita, which arguably would not be causing anybody to be dumping cheaply-bought wares onto me, since most of the items have regional buy orders that are mere percents less than Jita local buy orders.
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Ki Tarra
Caldari Ki Tech Industries
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Posted - 2007.09.03 04:31:00 -
[7]
Some of those lazy sellers do bother to check the range of the orders. They just AFK to Jita and dump everything there. Not just those modules.
************************** Ki Tech Industries - Bond Offer |
Dr Slurm
General Commodities
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Posted - 2007.09.03 04:35:00 -
[8]
Originally by: Hanoi Hana Clarification for the first reply: I place a large buy order for often-used T2 items and get unexpectedly large chunks of the order fulfilled at once when I check back the next day. This is in Jita, which arguably would not be causing anybody to be dumping cheaply-bought wares onto me, since most of the items have regional buy orders that are mere percents less than Jita local buy orders.
I would agree that they are either quick dump pirates, or people trying to cut their losses and get some isk back. I tried an experiment a while back with some tech II ammo. I'm still trying to get rid of it at probably a third of the cost. Tired of the inane ramblings of the incompetent? Click here |
Hanoi Hana
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Posted - 2007.09.03 04:49:00 -
[9]
Thanks for your posts, guys. I was wondering if there was something about the common T2 scene that I didn't understand. Thanks for your help!
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Galgorth
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Posted - 2007.09.03 05:52:00 -
[10]
I had this experience as well as a trader. I'll tell you why.
Different items you can trade have different rates at which they are filled. Items like high-named pirate loot tend to sell in trickles (larger order volume, high item volume) as there is a larger seller's market for them and the same item doesn't tend to accumulate for long periods of time in people's assets.
T2 items on the other hand never drop from pirates and only sometimes drop from players. But at the core they are producer-made. Your average producer isn't going to make 6 units of a T2 item and haul those 6 all the way to Jita for a measly profit. He is more likely to make 60 units before he puts the hauling effort in. This is why you see T2 items sell in big chunks (lower order volume, high item volume), while T1 items sell in trickles.
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Hanoi Hana
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Posted - 2007.09.03 06:20:00 -
[11]
Originally by: Galgorth I had this experience as well as a trader. I'll tell you why.
Different items you can trade have different rates at which they are filled. Items like high-named pirate loot tend to sell in trickles (larger order volume, high item volume) as there is a larger seller's market for them and the same item doesn't tend to accumulate for long periods of time in people's assets.
T2 items on the other hand never drop from pirates and only sometimes drop from players. But at the core they are producer-made. Your average producer isn't going to make 6 units of a T2 item and haul those 6 all the way to Jita for a measly profit. He is more likely to make 60 units before he puts the hauling effort in. This is why you see T2 items sell in big chunks (lower order volume, high item volume), while T1 items sell in trickles.
I would think the same person with the resources and skills and experience with EVE would also be capable of and interested in the 20% extra profit, since T2 items sell pretty quickly even if they are 0.01'ed often. That's why I don't expect T2 inventors or BPO owners to be the ones dumping these items on me.
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Shadarle
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Posted - 2007.09.03 06:58:00 -
[12]
Originally by: Hanoi Hana
Originally by: Galgorth I had this experience as well as a trader. I'll tell you why.
Different items you can trade have different rates at which they are filled. Items like high-named pirate loot tend to sell in trickles (larger order volume, high item volume) as there is a larger seller's market for them and the same item doesn't tend to accumulate for long periods of time in people's assets.
T2 items on the other hand never drop from pirates and only sometimes drop from players. But at the core they are producer-made. Your average producer isn't going to make 6 units of a T2 item and haul those 6 all the way to Jita for a measly profit. He is more likely to make 60 units before he puts the hauling effort in. This is why you see T2 items sell in big chunks (lower order volume, high item volume), while T1 items sell in trickles.
I would think the same person with the resources and skills and experience with EVE would also be capable of and interested in the 20% extra profit, since T2 items sell pretty quickly even if they are 0.01'ed often. That's why I don't expect T2 inventors or BPO owners to be the ones dumping these items on me.
You'd think incorrectly then.
A lot of people like T2 bpo's so they can have nearly AFK cash flow coming in. They just have to set up massive orders every few weeks and then log in, grab their items, bring it to jita, then sell em all off to the best buy order prices, fly back and log off. They've made a lot of money for almost no time spent. Not as much as they would have made... but they don't want to spend the time babysitting sell orders.
Never underestimate the value people place on their time. Assuming everyone has the same time to spend as you do is the greatest cause of miscalculations in mmorpgs.
Tanking Setups Compared
Stacking Penalty / Resists Explained |
Kazuo Ishiguro
House of Marbles Zzz
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Posted - 2007.09.03 07:40:00 -
[13]
The same line of thinking applies to inventors if the items are profitable and prices are falling. Some people would much sooner accept a 20% or 30% smaller profit and not bother spending ages playing the undercutting game. My research services Spreadsheets: Top speed calculation - Halo Implant stats |
Hanoi Hana
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Posted - 2007.09.03 08:09:00 -
[14]
Great post, Shadarle!
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Tiberyya Za
Gallente Bellum Aeternus The Makhai
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Posted - 2007.09.04 07:25:00 -
[15]
Can't you contact these people directly and ask them?
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Vrizuh
Caldari
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Posted - 2007.09.04 11:54:00 -
[16]
Glad s/he didn't. I found the responses interesting.
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SiJira
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Posted - 2007.09.04 12:52:00 -
[17]
its been said here already but ill sum it up in simple words
for example - take 100 million build items that will sell for 120 million you take 4 days to sell it all
take 100 million build items that will sell for 120 million but you sell them for 110 million all within an hour then build items from 110 and sell the next day for 121 total (using the smaller margin) then build items from 121 and sell the next day for 133.1 total (using the smaller margin) then build items from 133.1 and sell the next day for 146.41total (using the smaller margin)
now you are up about double the profits in the same amount of time with admittedly more manufacturing - take into account the guy trading probably had to cut his price by 0.1 100 times wasting his time so you just made a big profit for less time ____ __ ________ _sig below_ devs and gms cant modify my sig if they tried! _lies above_ CCP Morpheus was here Morpheus Fails. You need colors!! -Kaemonn [yellow]Kaem |
Oriella Trikassi
Trikassi Enterprises
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Posted - 2007.09.04 14:49:00 -
[18]
Originally by: Ki Tarra Some of those lazy sellers do bother to check the range of the orders. They just AFK to Jita and dump everything there. Not just those modules.
That seems to be the case. I have ranged Buy orders out that include Jita, and most of the sales to me are at 4/4. It does look like people pile all the unwanted junk in their hangar into the cargo hold when they are setting off on a shopping trip and sell it there.
--- Trikassi Enterprises, oiling the jumpgates of commerce without microbidding. |
Shadarle
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Posted - 2007.09.04 18:58:00 -
[19]
Originally by: Oriella Trikassi
Originally by: Ki Tarra Some of those lazy sellers do bother to check the range of the orders. They just AFK to Jita and dump everything there. Not just those modules.
That seems to be the case. I have ranged Buy orders out that include Jita, and most of the sales to me are at 4/4. It does look like people pile all the unwanted junk in their hangar into the cargo hold when they are setting off on a shopping trip and sell it there.
It makes sense to do this. For the most part you will always get a decent price on anything you sell in Jita. But I avoid Jita for my trading purposes... I very much dislike it. I find it much more enjoyable and less time intensive MUCH further away from Jita. Plus the margins are much higher the further away you go.
Tanking Setups Compared
Stacking Penalty / Resists Explained |
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