Angry Mustache
EVE University
Ivy League
4
   |
Posted - 2012.12.25 00:45:00 -
[1] - Quote
The only reason margin trading is allowed to exist in Real Life is because there is accountability for actions and orders, accountability which is lacking in EVE. If orders fail, if trades go bad, there are assets which can be seized and liquidated to compensate the victims. If accountability is not present, margin trading as a parallel should not be present.
As it stands, margin trading is a vital part of EVE's economy that lets traders leverage their assets and increase liquidity, and without it, much of the bulk buy orders that are key to trading would disappear, removing margin trading is not an option, but giving buyers more information on buy orders would be much welcomed.
A simple example would be (open to tweaks)
If the buyer does not have sufficient isk to fulfill the minimum buy amount allowed, the order is shown in RED
If the buyer has enough isk in wallet and escrow to fulfill the minimum buy amount, but not enough for the whole order, the order is shown in ORANGE
If the buyer has more isk in wallet and escrow than the complete value of the buy order, the order is shown in YELLOW
if the buyer has lots of isk available, more than the total value of all total market obligations, the order is shown in GREEN.
Information available to a player should be plentiful and accurate so we can make the best decisions in our situation. this lack of information regarding market orders is a oddity in EVE.
The best metaphor for margin scamming right to the rest of EVE regarding the unreliability of information would be like this.
You see a hauler in low-sec, but it could also be a bait tanked drake, the only way to know for sure is to bump the ship. Experienced players might be able to determine what the ship is by looking at the behavior of the ship, but the UI will only tell you it is a hauler. Now how many players would be happy with that situat
Imagine the rage that would ensue if combat UI was not absolutely accurate, or if a module was introduced that let you camouflage your ship as another. that's what margin trading depends on right now, the inability of the EVE market UI to give the needed information. |