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Private Pineapple
Rifterlings Ushra'Khan
208
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Posted - 2012.07.06 12:21:00 -
[1] - Quote
So I was hanging out in a major trade hub and I saw that someone linked a contract, trying to sell an officer module for 1b ISK. I quickly checked market details, 0 sell orders and 2 buy orders (1.4b and 1.5b). Both buy orders were created back to back, so I was like "lol margin trading scam" however I was still curious at the lack of sell orders. I logged into my jita alt and checked the market details. 4 sell orders for 1b each.
I'm confused. Why would you attempt to margin trade scam over an item at the actual price of the item? I am the Kingpin of the Crime and Punishment forum.
I am the rightful heir to the CSM 8 throne.
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Anubis Star
Federal Navy Academy Gallente Federation
2
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Posted - 2012.07.06 13:59:00 -
[2] - Quote
jita buys? history? |
Private Pineapple
Rifterlings Ushra'Khan
208
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Posted - 2012.07.06 15:19:00 -
[3] - Quote
Currently at work, but I believe this was it: http://eve.battleclinic.com/item_database.php?id=i15236 in case you want to check.
I know it was a Brynn module and it was kinetic with that exact icon. I am the Kingpin of the Crime and Punishment forum.
I am the rightful heir to the CSM 8 throne.
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Redbullcity Stetille
The Craniac The Aurora Shadow
1
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Posted - 2012.07.06 18:53:00 -
[4] - Quote
Maybe because he was afraid someone would use a market database, buy from other orders and attempt to sell it to his buy order thus wasting his brokerage fee in the process. |
Hungry Ghost
War Tactical Groups SOLAR FLEET
10
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Posted - 2012.07.06 21:03:00 -
[5] - Quote
Because that module doesnt worth that much. Its the same as C-Type deadspace. Actual price is something like 5-10kk. So as long as he managed to sell it for 1kkk - scam was succesful. And according to Jita price history he (or somebody) managed to get some really good sales. |
Bobo Cindekela
Federal Navy Academy Gallente Federation
14
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Posted - 2012.07.07 07:12:00 -
[6] - Quote
it is possible that he was just trying to excite a sale on a thing he isnt been able to sell for some time, if it looks good to traders then it might move via a greedy+stupid trader instead of someone looking for brynn's kinetic w/e for personal use You are about to engage in an arguement with a forum alt,-á this is your final warning. |
Abdiel Kavash
Paladin Order Fidelas Constans
662
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Posted - 2012.07.09 00:51:00 -
[7] - Quote
Some rarely-used officer and deadspace modules (for example, specific resistance hardeners) are being manipulated in this way. The scammer buys out the entire Jita stock (which is less than a few billion), then puts up his margin trading buys and his sell orders at several times the normal price. This makes it look to the mark as if the module is really being sold for that much.
A sure way to spot and avoid this scam is to look at the market history of the item you're trying to trade. If it has been sold for 100M for the past month, and there are suddenly sell and buy orders for 1b, something is not right. |
TheSmokingHertog
TALIBAN EXPRESS
58
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Posted - 2012.07.09 02:44:00 -
[8] - Quote
As said by @ Abdiel Kavash, the goons manipulated a lot of small moving implants for the Faction Warfare exploit, you just found one I assume. |
Skippermonkey
Tactical Knightmare
1128
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Posted - 2012.07.09 11:18:00 -
[9] - Quote
It definitely wasnt this guy
http://www.tk.konstipation.com/killboard/?a=kill_detail&kll_id=2427
ohwait, wrong module My homeboys tried to warn me But that butt you got makes me so horny |
Gunsaro
Black Rebel Rifter Club The Devil's Tattoo
8
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Posted - 2012.07.10 03:03:00 -
[10] - Quote
I fell for this recently - I didn't even know what "margin trading" was until I was doing research figuring out how I got scammed.
It was 3 officer mods that I'm now trying to dump dirt cheap, simply because they're pretty hard to get rid of and I don't feel like waiting 4 weeks taking up orders for that "one person" who really wants them to come along. |
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TheSmokingHertog
TALIBAN EXPRESS
59
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Posted - 2012.07.10 07:07:00 -
[11] - Quote
Gunsaro wrote:I fell for this recently - I didn't even know what "margin trading" was until I was doing research figuring out how I got scammed.
It was 3 officer mods that I'm now trying to dump dirt cheap, simply because they're pretty hard to get rid of and I don't feel like waiting 4 weeks taking up orders for that "one person" who really wants them to come along.
Did you put them up on auction, or just for sale? Sometimes auctions get more attention. |
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