Market Sniper
School of Applied Knowledge
Caldari State
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Posted - 2012.05.28 00:46:00 -
[1] - Quote
Hulkageddon was a brilliant scheme.
It rose the price of minerals a tenthfold. higher than they've ever been in more than 1.5 years.
It looked like no one would benefit from it. That it would be just for the sake of grief.
But as we know in EvE, not everything is as it seems.
They spent a very tiny sum of isk funding hulkageddon, while prior to the event starting, they hoarded and hoarded minerals.
As soon as the event started, they sat back and watched, as the majority, i dare say, 70-80% of the supply out there, composed of small operation miners, dropped and dropped, while prices rose and rose.
Soon they would reach a ever high.
Not only that, they fed you and majority of people the coolaid.
In the dark shadows the stellar winds carried the whispers of unknown faces. They whispered in the dark "hold your minerals, don't sell, they will go up and up. When the storm passes, you will sit upon wealth.
Those rumors spread,
What was once a rumor, became advice. What was once a whisper in the shadow, became your friend, your pal, telling you sound advice.
You nodded and complied, with greed blinding you to what was happening right in front of you. All it took was careful examination of graphs and numbers.
People were blinded by the shiny promise of greed and wealth. While those who knew what happened, prepared to replace them.
So the common joe didn't sell. Supply became scarce. Or so everyone thought.
but hidden behind the volume supply, were the true owners of the supply available.
supply availability didn't actually change. The people selling it, did.
The only ones selling were the ones knowing prices would drop, not even before hulkageddon ended. Who were these people?
The same ones who long before were hidden in the darkness, whispering to the ears of the naive.
so in short:
Goons hoarded a load of minerals; started hulkageddon, spent 10 bucks funding it, and then made that a thousand times, selling and controlling the bulk supply. All they had to do is just sit back and squeeze and let the market breath a little to let it's cry reach ever high prices.
As soon as the amount of hulks being killed dropped as everyone got bored, more and more hulks left the dark in their caves. Supply flooded, inferno released. And prices dropped.
and keep dropping faster than it takes you to read this post.
Goons owned everybody. Everywhere.
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