| Pages: 1 [2] 3 :: one page |
| Author |
Thread Statistics | Show CCP posts - 0 post(s) |
Esan Vartesa
Samarkand Financial
49
   |
Posted - 2011.11.16 15:49:00 -
[31] - Quote
What she's doing is basically spending the margin between equilibrium price and buy order price on killing the margin on the sell side. As was pointed out above, she's just creating volume to drive down margin on both ends, but she's sacrificing her profits on the sell side by aggressively lowering sell prices.
Done well, this is completely sustainable as she's actually making money on the buy side. This is how one effectively collapses a market's margins.
Good on you. |
Dream Five
Renegade Pleasure Androids
1
|
Posted - 2011.11.16 15:55:00 -
[32] - Quote
good volume at 485. the spread is negative vs perfect comission+tax :) |
Dream Five
Renegade Pleasure Androids
2
|
Posted - 2011.11.16 16:05:00 -
[33] - Quote
Running at a slight loss to make things quicker. Might force the push past 480. |
Doctor Ungabungas
GoonWaffe
Goonswarm Federation
41
|
Posted - 2011.11.16 16:21:00 -
[34] - Quote
Tell us how this is going to address the cause of the price spike? |
Dream Five
Renegade Pleasure Androids
2
|
Posted - 2011.11.16 16:26:00 -
[35] - Quote
Doctor Ungabungas wrote:Tell us how this is going to address the cause of the price spike?
By creating downward pressure in a situation with maybe some existing upward pressure and excessive speculation.
The reality right now is, as a trader you cannot make money in the PLEX market :) (courtesy of myself)
Why would you buy PLEX? If nobody is buying plex the price will drop. |
Weaselior
GoonWaffe
Goonswarm Federation
1617
|
Posted - 2011.11.16 16:29:00 -
[36] - Quote
flakeys wrote:Weaselior wrote:this is hilariously dumb and your avatar is hilariously sad and pathetic Do you talk to yourself more often ?
i suppose using a kindergarten level response and managing to mangle basic grammar makes sense |
Dramaticus
Goonswarm Federation
26
|
Posted - 2011.11.16 16:36:00 -
[37] - Quote
nothing wrong with an avatar emphasizing **** or this business plan!
a+++++++++++ would buy from again |
flakeys
The Great cornholio's
Paper Tiger Coalition
38
|
Posted - 2011.11.16 16:39:00 -
[38] - Quote
Weaselior wrote:flakeys wrote:Weaselior wrote:this is hilariously dumb and your avatar is hilariously sad and pathetic Do you talk to yourself more often ? i suppose using a kindergarten level response and managing to mangle basic grammar makes sense
Ever checked your WOOHOOOO ICEMINERS DIE DIE DIE posts? What's the english term again , pot meet kettle ?
Mijn excuses voor het engels taalgebruik , het is niet mijn moedertaal.
|
Tekota
The Freighter Factory
44
|
Posted - 2011.11.16 16:51:00 -
[39] - Quote
flakeys wrote:
Mijn excuses voor het engels taalgebruik , het is niet mijn moedertaal.
I've never quite been able to tell the difference between Dutch and drunk. When talking about flakeys of course, the distinction is even more (both literally and figuratively) blurry  |
Dream Five
Renegade Pleasure Androids
2
|
Posted - 2011.11.16 16:53:00 -
[40] - Quote
phew this is tiring, i need to get some sleep. but it can be done. we should organize and drive it down to 300m where it belongs :) |
OllieNorth
R-K Industries
Sexy Alliance
13
|
Posted - 2011.11.16 16:53:00 -
[41] - Quote
Eww, Netherlandsish. Anyhow, good luck with this, I am enjoying this thread and look forward to the results. How long before the price disparity Jita->Rens, etc. becomes enough that some idiot tries to put a bunch of plex in his bestower and make a run? |
Weaselior
GoonWaffe
Goonswarm Federation
1617
|
Posted - 2011.11.16 17:22:00 -
[42] - Quote
flakeys wrote:Weaselior wrote:flakeys wrote:Weaselior wrote:this is hilariously dumb and your avatar is hilariously sad and pathetic Do you talk to yourself more often ? i suppose using a kindergarten level response and managing to mangle basic grammar makes sense Ever checked your WOOHOOOO ICEMINERS DIE DIE DIE posts? What's the english term again , pot meet kettle ?
the english term is "pearls before swine" to describe my posts here |
Tasko Pal
Spallated Garniferous Schist
15
|
Posted - 2011.11.16 18:53:00 -
[43] - Quote
Claire Voyant wrote:This plan is so simple it's brilliant. I'm just sorry I didn't think of it first. Anyway, this is one bandwagon I can wholeheartedly climb on.
To all those naysayers, this train has already left the station and you need to get out of the way and jump on board.
Indeed. It's that pebbles have voted and the avalanche has started thing. Rah! Rah!
|
Mantra Achura
Community for Justice
BricK sQuAD.
4
|
Posted - 2011.11.16 20:13:00 -
[44] - Quote
The conecpt sounds solid and will work in spite of some buy-off for interegional trade as prices will adapt over time.
In my opinion stabilizing prices is still enough to create a turnround, cause speculation is sustained by rising prices.
We have to keep in mind that number of subscriptions is falling but number of transactions for PLEX is going up. Real demand is only a low percentage of the current amount traded. The rest is just pure inter-speculation trading and hoarding for bad times. I guess enough stocks are build up for that kind operation and real demand is low enough to push prices down. 
The "art of making money" is buy low and sell high. Buying is easy, but selling all of you stuff bought for a reasonable ammount of margin is a complex thing, in particular if prices are intended to rise but stagnating or decreasing. The more stuff stocked up the more challenging it gets to sell it without signaling a sell attempt to others and starting an ISK war. Rising prices makes it very easy: just place a sell order and wait for the rising average prices that will force people to buy off your orders. Price stagnation makes it impossible to sell without actively underbidding sell order prices or sell off via buy orders.
If this operation is able to start a kind of solid stagnation in PLEX prices speculators will sell, and that's what we want to see, right? |
Mantra Achura
Community for Justice
BricK sQuAD.
4
|
Posted - 2011.11.16 20:33:00 -
[45] - Quote
I will give you a hand in fast trading in jita, mate, just for fun. Lets try it... |
Grim Savage
Deep Core Mining Inc.
Caldari State
0
|
Posted - 2011.11.16 21:34:00 -
[46] - Quote
Earlier today I started buying PLEXes from CCP and selling them on the market hubs.
For now I have exchanged just over 500 USD and unloaded all of them at over 500 mill a piece and I think I will continue on tomorrow for another 500.
I already managed to buy up a couple of T2 BPO's for the isk as an investment and I will drop using my CC to pay for my account. I figure I can soon go back to buying PLEXes in JITA at 350 mill
I think this is a good time to get capital for the next expansion. |
Scrapyard Bob
EVE University
Ivy League
365
|
Posted - 2011.11.16 22:35:00 -
[47] - Quote
The Forge - 500M (1 hour ago)
http://eve-marketdata.com/price_check.php?step=Show&type_id=29668&type=sell®ion_id=10000002
Domain - 505M (38 hours ago - very stale)
http://eve-marketdata.com/price_check.php?step=Show&type_id=29668&type=sell®ion_id=10000043
Sinq Laison - 510M (6 hours ago)
http://eve-marketdata.com/price_check.php?step=Show&type_id=29668&type=sell®ion_id=10000032
Heimatar - 506M (30 minutes ago)
http://eve-marketdata.com/price_check.php?step=Show&type_id=29668&type=sell®ion_id=10000030
(Someone needs to run one of the market uploaders in Amarr...) |
Lord Jita
Lord Jita's Big Gay Corp
1
|
Posted - 2011.11.16 22:57:00 -
[48] - Quote
This will not work because there is someone much much richer than you (7 trillion+) thats been manipulating the market during Euro prime and is the reason why the price is where its at right now. He will just buy you out and relist them, he gives no F. |
Mantra Achura
Community for Justice
BricK sQuAD.
4
|
Posted - 2011.11.16 23:31:00 -
[49] - Quote
With about 1 trilllion in trading volume per day in Jita only he isn't the main key player in that game. And he never ever has 7 trillion+ cash but most invested in certain items stuff. A proper speculator is spreading his investments and not betting on one horse only. |
IceFyre S18
Zulu Labs
Zulu People
5
|
Posted - 2011.11.16 23:56:00 -
[50] - Quote
I guess by proper you meant proper like is written in books.
people that are successful does no do things that everyone do, but rather oposite.
|
Dream Five
Renegade Pleasure Androids
4
|
Posted - 2011.11.17 00:50:00 -
[51] - Quote
back at it today. PLEX must be crushed. |
Dream Five
Renegade Pleasure Androids
4
|
Posted - 2011.11.17 01:05:00 -
[52] - Quote
Lord Jita wrote:This will not work because there is someone much much richer than you (7 trillion+) thats been manipulating the market during Euro prime and is the reason why the price is where its at right now. He will just buy you out and relist them, he gives no F.
That sounds like a recipe to losing a lot of ISK quick :) |
Lord Jita
Lord Jita's Big Gay Corp
1
|
Posted - 2011.11.17 01:28:00 -
[53] - Quote
Dream Five wrote:Lord Jita wrote:This will not work because there is someone much much richer than you (7 trillion+) thats been manipulating the market during Euro prime and is the reason why the price is where its at right now. He will just buy you out and relist them, he gives no F. That sounds like a recipe to losing a lot of ISK quick :)
hmm lets see he raised the price from 400m to 500m and he is losing isk how exactly |
Dream Five
Renegade Pleasure Androids
4
|
Posted - 2011.11.17 02:27:00 -
[54] - Quote
Lord Jita wrote:Dream Five wrote:Lord Jita wrote:This will not work because there is someone much much richer than you (7 trillion+) thats been manipulating the market during Euro prime and is the reason why the price is where its at right now. He will just buy you out and relist them, he gives no F. That sounds like a recipe to losing a lot of ISK quick :) hmm lets see he raised the price from 400m to 500m and he is losing isk how exactly
As we speak :) Actually people who trade are smart enough to know better than buy me out. Nobody is buying me out.
Best they can do is unwind the stock slowly I believe. |
Dream Five
Renegade Pleasure Androids
4
|
Posted - 2011.11.17 03:03:00 -
[55] - Quote
good downward momemtum. pushed back to 480/490. support on large volume but it appears that people are holding off buying. might push below 480 in under 12 hours. |
JitaJane
Science and Trade Institute
Caldari State
48
|
Posted - 2011.11.17 05:34:00 -
[56] - Quote
Not positive if the dynamics work but you may have just invented market griefing..... |
Dream Five
Renegade Pleasure Androids
5
|
Posted - 2011.11.17 05:56:00 -
[57] - Quote
There's some pretty violent trading going on right now. I think there's a lot of uncertainty and people are trying to bait each other into buying at a loss so the spread is hovering between 12-20m. |
Aine Ni
Suicide Ganger
3
|
Posted - 2011.11.17 09:19:00 -
[58] - Quote
Long time since I had, so good, a laugh... 
PLEX prices are NOT in anyway detemined by you. It is detemined by amount of peeps buy and sell PLEX with ISK and real cash.
With the current price - more peeps will buy with cash and than ISK, so market goes down.
Then prices get low enough - prices will raise again - as more peeps will buy with ISK than cash
So long term, only "how easy" of making ISK vs Cash will detemine PLEX prices. Speculators can affect market a small bit - but not long term - as market is way to big (Alone in Jita over 2.000 * 400m (800b minimum) are traded) - so 7 trillion will not even be enough.
Speculators can affect price, for short periods of time. But long term prices will always return to true value - which is currently going up as there are not enough ISK sinks.
But - good luck and have fun anyway  |
Jak'rat
Lion Investments
5
|
Posted - 2011.11.17 09:47:00 -
[59] - Quote
JitaJane wrote:Not positive if the dynamics work but you may have just invented market griefing.....
Clearly, you've never been to Singapore... sorry... Rens.
The local market trolls sometimes take requests for a price manipulation on a item and invite you to watch. Other times they pick one at random (Hurricanes was fun). Then the spreadsheets in Jita see the trend and if it sustains, and they follow.
"Full turret rack all grouped, gyro's, rigs - that's not a ship, it's a flying shotgun..." |
Dream Five
Renegade Pleasure Androids
8
|
Posted - 2011.11.17 18:11:00 -
[60] - Quote
Aine Ni wrote:Long time since I had, so good, a laugh... PLEX prices are NOT in anyway detemined by you. It is detemined by amount of peeps buy and sell PLEX with ISK and real cash. With the current price - more peeps will buy with cash and than ISK, so market goes down. Then prices get low enough - prices will raise again - as more peeps will buy with ISK than cash So long term, only "how easy" of making ISK vs Cash will detemine PLEX prices. Speculators can affect market a small bit - but not long term - as market is way to big (Alone in Jita over 2.000 * 400m (800b minimum) are traded) - so 7 trillion will not even be enough. Speculators can affect price, for short periods of time. But long term prices will always return to true value - which is currently going up as there are not enough ISK sinks. But - good luck and have fun anyway
Can be hard to push through large volume resistance with this method. I think it can be done but takes a lot of persistence :) I'm modifying my strategy a bit btw. |
| |
|
| Pages: 1 [2] 3 :: one page |
| First page | Previous page | Next page | Last page |