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dasnk
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Posted - 2005.11.25 04:16:00 -
[1]
Hi,
I would like to know why people put out unrealistic buy orders.
For example I was shopping for a Rifter, The average selling price is 250k, Yet there were a lot of buy orders for around 50k.
I've seen this so many times for various items. Why do people set unrealistic prices for items that anyone would be crazy to sell at, Am I missing something?
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Dark Shikari
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Posted - 2005.11.25 04:20:00 -
[2]
 Originally by: dasnk
Hi,
I would like to know why people put out unrealistic buy orders.
For example I was shopping for a Rifter, The average selling price is 250k, Yet there were a lot of buy orders for around 50k.
I've seen this so many times for various items. Why do people set unrealistic prices for items that anyone would be crazy to sell at, Am I missing something?
People put out orders to sc*****off the bottom of the market for profit. People who want to just get rid of an item might sell it for cheap to the order, and then the buyer can go around, collect those sold, and resell them.
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Kacia
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Posted - 2005.11.25 07:28:00 -
[3]
Just because there is a buy order for something, it does not mean that you have to sell to them at that price. Always check the sell prices to see how much the item really is worth. You can use the 'advanced' button to set your own price and put the item up for sale at its proper value.
There are always those who will try to take advantage of the ignorant/careless (and even make a profession out of it, nothing wrong with that). Just the other day I saw 1 unit of tritanium for sale for 100m isk, on the regular market (escrow has had these for quite a while already). I'm guessing the seller was hoping somebody would be too tired/drunk/whatever to notice all those zeroes and somehow accidentally buy the trit.
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Grimwalius d'Antan
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Posted - 2005.11.25 11:25:00 -
[4]
I've accidentally paid 22,000 ISK per unit of ammo once. Luckily, I was too broke to pay for it all, so I bought just one unit to see if it was a bug or something.
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Emily Spankratchet
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Posted - 2005.11.25 14:40:00 -
[5]
Originally by: dasnk
I've seen this so many times for various items. Why do people set unrealistic prices for items that anyone would be crazy to sell at, Am I missing something?
I think these buy orders are aimed at the following situation:
You're a purely combat character. Your refining skills are terrible. You can't fly industrial ships. You are running agent missions to make money. In a system at the wrong end of low-security empire your agent gives you a reward of 23 units of Burst frigate in a station with a 30% refining facility.
You can't move them out of the station without lots of hassle, refining them will lose half their value, but you want to tidy up your hangar. So you either trash them, put up a sell order and find that nobody will buy them or sell them for a nominal sum to one of those buy orders. Some people really can't be bothered, and just want to sell their loot quickly.
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Greg Stone
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Posted - 2005.11.25 15:41:00 -
[6]
1 word as to why - SCAMMING
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Butter Dog
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Posted - 2005.11.25 15:55:00 -
[7]
It is not scamming at all, it doesnt even barely fit in with the meaning of the word.
Setting a cheap buy order on the market simply means that players who need to offload equipment fast, maybe to pay for something else, can then sell ships or items at WELL below market rate. Instantly. Its their choice, and no-one is forcing them to sell items at less than market rate. They could set up a sell order if they wanted full price.
Resellers will set up huge buy orders, and collect/ship these items to major hubs to sell at a profit.
Its basically an intelligent way to make a profit, as legitmate and fair as any others.
The escrow 'scammers' are a different matter altogether, and should notbe confused with bulk regional buy orders at below market rate.
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Sinari Galdrin
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Posted - 2005.11.25 17:34:00 -
[8]
Originally by: Greg Stone
1 word as to why - SCAMMING
I don't see why.
The buyers are being honest about what they are doing. If people want to sell to them they can, but they don't have to. They're not being misled in any way, shape or form.
It seems a reasonable way to play the game to me. Totally within the spirit of the game AFAICT.
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Ivy Star
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Posted - 2005.11.25 19:24:00 -
[9]
Crazy Buy Orders: too true :)
What is the best way to handle selling an item so that you can get a reasonable market price?
For example: I had an item that was selling for around 30,000 ISK on the market; but the buy orders were for 99.0 ISK, 1,000 ISK and such. How do you all handle this? I mean, do you fly to other regions and check or just melt it down with a good refining skill level?
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Santiago Cortes
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Posted - 2005.11.25 19:39:00 -
[10]
In some respects, all of Eve can be seen as PvP.
The markets are a form of this, buy low, sell high, simple.
For example, Player A sells Player B his Scorpion for 50m, Player A then buys a raven off Player B for 120m, a few hours later and Player A decides he doesn't want a raven and resells Player B the raven for 90m and buys his scorpion back for 80m.
60m for doing no work apart from setting orders seems a good way of doing business to me.
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Profhet
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Posted - 2005.11.25 21:00:00 -
[11]
death TO the Capatalistzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
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Malaran Alkazi
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Posted - 2005.11.27 16:46:00 -
[12]
Edited by: Malaran Alkazi on 27/11/2005 16:49:09
I appreciate people who buy low, sell high. I pick up stuff in missions far faster than I can sell it, so I'm glad that someone else is willing to do the work for me.
But I will never sell to someone buying at 95% below market price. 50% below? Sure. But I'd rather just refine my stuff and sell for pennies than give it away to someone greedy enough to look for prices that low.
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