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Sean Dawn
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Posted - 2009.02.18 15:32:00 -
[1]
Recently (last month or so?) I noticed that some (quite a few) people selling stuff (T2 modules, battleships) in trade hubs like Jita, Rens, Amarr etc. don't all undercut. Instead they use the same price as the lowest sell order.
As a result they queue up and sell after the current seller when his supply runs out.
Is this just some odd rare traders or does this happen more often? I would welcome it as it frees up time from checking orders that can be spend on other chores.
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Caleb Ayrania
Gallente
TarNec
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Posted - 2009.02.18 15:37:00 -
[2]
Its a really nice method of governing orders afk..
Call it simulated dynamics of price..
Was one of the reasons I used to have 3000+ orders active when that was possible..
- Money is Love -
Sometimes it just gets bend the wrong ways.
Feed your Brain:
Innovation Thread |
Athre
Minmatar
The Higher Standard
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Posted - 2009.02.18 15:53:00 -
[3]
As was mentioned several weeks back, this allows the seller to manipulate the order with out having to wait the 3 minute timer on the 0.01 isk game.
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Caleb Ayrania
Gallente
TarNec
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Posted - 2009.02.18 16:00:00 -
[4]
Its also why more orders in the orders system would resolve a lot of the 0,01 game..
Should not become to much of a server issue, because order change and placing would simply still be limited by time and server response time..
- Money is Love -
Sometimes it just gets bend the wrong ways.
Feed your Brain:
Innovation Thread |
Thoraemond
Minmatar
Far Ranger
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Posted - 2009.02.18 16:02:00 -
[5]
I have at times operated in a syndicate with other retailers (who I didn't know beforehand) to fix prices. We didn't coordinate our activities beyond agreeing on set prices for a few items, and we would all queue up our orders at those prices. This would result in sales queues of up to about a dozen orders.
Several such arrangements lasted months before new retailers moved in to cut into our shared profits. Other times, the arrangements fell apart much more quickly. This may not be the absolutely most profitable way to operate in those markets, but it was enjoyable in a 'variety is the spice of life' to know that I was part of a price-fixing conspiracy, and it did also reduce the number of updates I made to my orders.
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Rodrigo Talavera
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Posted - 2009.02.18 16:39:00 -
[6]
So who sells first? The first person to make the order or do you need to keep updating it to keep on top.. not sure how you would update it without changing price. Maybe .0001 isk ?
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Ricdic
Caldari
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Posted - 2009.02.18 16:41:00 -
[7]
If both orders are the same, the order that was first placed will be bought from first. |
Sun Clausewitz
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Posted - 2009.02.18 16:57:00 -
[8]
People being polite... people who are tired of the .01 isk war. I will often go place mine slightly above the lowest price if that order has a relatively low volume or has been posted for a while.
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Hel O'Ween
Aliastra
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Posted - 2009.02.18 17:10:00 -
[9]
I've never played that 0.01 ISK game. Too much time that felt like "working", while I intented to "play" the game instead.
In very rare occasions, a sell order expired before all items were sold, but most of the time, being patient, all items were sold finally.
Granted, I might never become a multi-billionaire that way, but for the efforts I put into my trade business, I can't complain about my income.
--
EVEWalletAware - an offline wallet manager |
cpt Mark
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Posted - 2009.02.18 17:50:00 -
[10]
I either undercut by a fair margin, or I leave the price.
Almost made a mistake a while ago, where someone undercut me to drop profits by 50%.
I undercut him, but then I changed it back, and sold all items overnight for 100% profit.
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CSI Eve
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Posted - 2009.02.18 19:26:00 -
[11]
 Originally by: Ricdic
If both orders are the same, the order that was first placed will be bought from first.
first placed originally or first updated?
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Dagda Morr
Seppuku Warriors
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Posted - 2009.02.18 20:35:00 -
[12]
Sometimes it makes sense when someone is heavily undercutting. I'm not a big trader or an expert so I might be wrong, but sometimes you can see an attempt to manipulate the price down - several sell orders placed for 1 or 2 of the item in question, each undecutting the other. In those cases it makes sense to let someone come along and buy these - if there is a good volume on the order they'll get to yours soon enough.
I suspect leaving it like this works best for smaller traders who need the margin rather than the volume.
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CAPTAIN FAECES
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Posted - 2009.02.18 20:45:00 -
[13]
Originally by: CSI Eve
Originally by: Ricdic
If both orders are the same, the order that was first placed will be bought from first.
first placed originally or first updated?
First placed at that price, so yeah first updated.
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Ava Santiago
Minmatar
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Posted - 2009.02.19 04:35:00 -
[14]
Originally by: Dagda Morr
Sometimes it makes sense when someone is heavily undercutting. I'm not a big trader or an expert so I might be wrong, but sometimes you can see an attempt to manipulate the price down - several sell orders placed for 1 or 2 of the item in question, each undecutting the other. In those cases it makes sense to let someone come along and buy these - if there is a good volume on the order they'll get to yours soon enough.
I suspect leaving it like this works best for smaller traders who need the margin rather than the volume.
Cost benefit analysis.
If you spend 6 hours a week shipping goods from your manufacturing point to your sales hubs, competing in a 1 isk war, makes little sense if you won't be back in a week. If you are selling 10 items in a 240K item hub, why bother?
Concord doesn't provide consequences. Concord provides insurance payouts. |
Tamarana
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Posted - 2009.02.20 00:45:00 -
[15]
Usually I suppose that if the seller agree to fix the price, they will agree to sell no more than X units per order. So one, or ten or hundred for me, one, ten or hundred for you. And so on.
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Innara Tal
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Posted - 2009.02.20 07:38:00 -
[16]
If you have the time to screw around like that, why even log in? You build the stuff to sell, so sell it. Check build cost against minerals, find a market that it'll sell in, set a fair price, and sell it. Open a sell order for the same price that someone else has set? Uh, sure, OK... Why not just park at a high-sec gate and wait all day for a red-flasher to come through???
I build to sell, so I set prices that'll make me some isk in regions where the stuff will sell. Period. Dunno about you guys, but my time IRL is too valuable to sit around watching a screen. And if I'm AFK, I sure as heck ain't logged into an internet-based game, ya know? ;)
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Dagda Morr
Seppuku Warriors
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Posted - 2009.02.20 09:07:00 -
[17]
Originally by: Innara Tal
If you have the time to screw around like that, why even log in? You build the stuff to sell, so sell it. Check build cost against minerals, find a market that it'll sell in, set a fair price, and sell it. Open a sell order for the same price that someone else has set? Uh, sure, OK... Why not just park at a high-sec gate and wait all day for a red-flasher to come through???
I build to sell, so I set prices that'll make me some isk in regions where the stuff will sell. Period. Dunno about you guys, but my time IRL is too valuable to sit around watching a screen. And if I'm AFK, I sure as heck ain't logged into an internet-based game, ya know? ;)
That barely makes sense!
If people have the time to do that why log in? - I'm guessing it's because they have the time to log in (Circular logic FTW!)
Some people have fun by being as efficient and effective as possible - the same people who work to get perfect kills on fight-em-up games of the people who work to complete Doom just using a shotgun (showing my age there!). Some people just like to do stuff, and others like to do it well and a small majority like to do it perfectly. If you're only buliding to sell for the fun of it, hit me up in game - I'll gladly buy discounted stock that you "built to sell" so long as you get a sale above mineral price you're happy right?
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Havok Pierce
Gallente
The Bastards
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Posted - 2009.02.20 20:45:00 -
[18]
Hey, Doom is very completable with just a shotgun. It's one of the best (or broken if you want to consider it like that) weapons in the game.
Originally by: CCP Wrangler
There's a Community petition category??
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Kazzac Elentria
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Posted - 2009.02.20 20:59:00 -
[19]
Originally by: Havok Pierce
Hey, Doom is very completable with just a shotgun. It's one of the best (or broken if you want to consider it like that) weapons in the game.
Its also the only one you can really speed run with |
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