Aleare Spinechiller
Dayra Industries
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Posted - 2015.12.02 18:00:29 -
[1] - Quote
I didn't do the item in question, nor do I really operate out of Dodixie but like many others I'm sure, I've resorted to that tactic for a number of reasons, and have thought of many other reasons to do such a thing. A few examples could include
1: I'm a buyer of that item and I don't like paying exceedingly large prices, so if I see active order refresh competition going on like is normally the case, I will attempt to speed it up to get closer to the price I want to pay. It may take me an extra 20-30 mins but I easily save millions, and with you dropping your price below mine by only .01 isk it means my losses from selling personal stock are non-existent since I can buy all my "Sales" back from you for less.
2: I'm attempting to shed the competition, I often don't have time to sit and play the .01 isk game for hours on end, but you'd be surprised how quickly competition disappears after you take large chunks off a few times in a row. Show the other "Investors" its a loosing battle and they'll loose interest in competing. I may loose millions I could've otherwise made by .01 isk modifications but I do loose millions in lost time from not being able to sit there and update orders. My time is often more valuable and profitable if I can scare my competition into giving up the order modification battle for a few hours and then I can head off and go do other profitable activities other than baby sitting my orders.
3: I just simply hate nickle and dimeing everything. To me modifying an order by .01 isk is like saying "yea what he said +1". most times that .01 isk is a grand savings of 10 or less isk to the buyer. Its such a drag to think that 10 isks on orders of billions of isk is literally the difference between the person buying from me or you. 10 isk is insignificant and it really bothers me that we automatically default to the cheapest sale order just to save it. So ultimately, I try not to play that game. I do on occasion when it makes sense, like on tritanium since the price literally is so low .01 isk makes sense, but when I'm talking anything above a 1k price point, I usually just round my numbers off to the nearest 100th of the posting price (except I try to end my bids in the numbers 95 because I like that for some odd reason). That way the reason people are buying from me isn't just saving 10 isk or less so I feel somewhat better about it. (I also on occasion buy from more expensive orders for the same reason if I can tell they aren't actively competing by .01 isk, I mean they end up costing less than a million more and that's insignificant)
4: I just want to crash the price (Never actually done this one before but I've thought about it). The game often boils down to costing others money just as much as its about making it for yourself. So if I know a particular individual that I dislike is invested heavily into a specific item with good profitability, I totally would not be above working to crash that market. I've never done this yet and I'm sure it will cost money/profit to enact, but done effectively you could crash a price and force them to spend time selling the large stock they built up at low or no profit prices (or better yet force them to hold onto it for market recovery so they have significant assets tied up) while putting in a ton of extra time assessing the markets to find the next item to push into production and get moving. Its not going to cripple or kill anyone's wallet but it could very effectively trip them up in wealth development and force them to devote more time making up for lost ground caused by the crash. |