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sci0gon
Kaira Innovations
Superior Eve Engineering
59
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Posted - 2016.05.04 06:35:08 -
[1] - Quote
I could never understand the mindset of players who sell to buy orders when there is a large marginal difference between the sell and buy order. I dont think it has to do with a urgency for a quick intake of isk with some of them as i've seen a few where people have thrown away large sums of isk just on selling to buy orders, where as a little patience would of netted them more profit.
have any of you ever had this done and spoke to the person who sold it? |
Cista2
Caldari Provisions
Caldari State
230
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Posted - 2016.05.04 06:46:44 -
[2] - Quote
It could be a case where your idea of what constitutes "large sums" and "a little patience" might differ from the person you have seen sell to a buy order :)
My channel: "Signatures"
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Recommended: "The Biomass Bar" (for corpse selling)
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Bad Bobby
Bring Me Sunshine
In Tea We Trust
1336
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Posted - 2016.05.04 06:49:39 -
[3] - Quote
Cista2 wrote:It could be a case where your idea of what constitutes "large sums" and "a little patience" might differ from the person you have seen sell to a buy order :)
Do I want to spend an hour sorting through this hangar junk?
Nope!
...and it's gone.
Fortunately, one man's junk really is another man's treasure. |
sci0gon
Kaira Innovations
Superior Eve Engineering
59
|
Posted - 2016.05.04 06:53:01 -
[4] - Quote
Bad Bobby wrote:Do I want to spend an hour sorting through this hangar junk?
Nope!
...and it's gone.
Fortunately, one man's junk really is another man's treasure.
Very true but at the same time I have to ask, if you had something where you'd lose say 100mil off of one of those items, wouldnt you rather spend 5 mins monitoring the market for that 100mil instead of losing it selling to a buy order? |
Bad Bobby
Bring Me Sunshine
In Tea We Trust
1336
|
Posted - 2016.05.04 06:54:13 -
[5] - Quote
sci0gon wrote:Bad Bobby wrote:Do I want to spend an hour sorting through this hangar junk?
Nope!
...and it's gone.
Fortunately, one man's junk really is another man's treasure. Very true but at the same time I have to ask, if you had something where you'd lose say 100mil off of one of those items, wouldnt you rather spend 5 mins monitoring the market for that 100mil instead of losing it selling to a buy order?
Not if I can spend that 5 minutes making 500m instead. |
Professor Humbert
Project Fruit House
Solyaris Chtonium
17
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Posted - 2016.05.04 07:22:03 -
[6] - Quote
If nobody sold to to the buy orders, we would end up with WoW Auction House. |
sci0gon
Kaira Innovations
Superior Eve Engineering
67
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Posted - 2016.05.04 08:45:35 -
[7] - Quote
Professor Humbert wrote:If nobody sold to to the buy orders, we would end up with WoW Auction House.
its not really about them selling in general its more about the amount they throw away due to selling when comparing the sales price to the buy order price and the thoughts behind it.
Also auction houses arent that bad as long as they are set up correctly with good search function, as they are a lot better compared to the old ro1 and sots user stalls. in addition, wow wasnt the first and wont be the last to have auction houses as a means of player sales. |
Rhivre
TarNec
Invisible Exchequer
880
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Posted - 2016.05.04 10:27:20 -
[8] - Quote
sci0gon wrote:Bad Bobby wrote:Do I want to spend an hour sorting through this hangar junk?
Nope!
...and it's gone.
Fortunately, one man's junk really is another man's treasure. Very true but at the same time I have to ask, if you had something where you'd lose say 100mil off of one of those items, wouldnt you rather spend 5 mins monitoring the market for that 100mil instead of losing it selling to a buy order?
100m, for the hassle of 0.01ing....
Also, "right click, sell all" means they never see the market screen.
Fluffy Bunny Pic!
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Tipa Riot
Federal Navy Academy
Gallente Federation
2442
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Posted - 2016.05.04 13:54:23 -
[9] - Quote
I always check the spread with eve praisel, then pick those which are worth setting up a sell order, multi-sell the rest to buy orders.
I'm my own NPC alt.
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Cista2
Caldari Provisions
Caldari State
230
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Posted - 2016.05.04 16:13:03 -
[10] - Quote
sci0gon wrote: if you had something where you'd lose say 100mil off of one of those items, wouldnt you rather spend 5 mins monitoring the market for that 100mil instead of losing it selling to a buy order?
Well now you are just spinning a tale.
First of all, the *cooldown* on the EVE market is 5 minutes, so you cannot babysit an order for just 5 minutes. Babysitting implies a repetition of 5-minute cycles.
Second, I don't think there is an item in EVE with a 100 mil market spread where you can sell the item on sell order after say, half an hour of babysitting. For example, PLEX you can sell that way, but the spread is 10-15 million more likely. At the other end of the spectrum, implants or ships with a 100 mil spread would take days to sell on sell order.
My channel: "Signatures"
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Recommended: "The Biomass Bar" (for corpse selling)
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Arancar Australis
Dead Sun Rising Enterprises
140
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Posted - 2016.05.05 04:19:32 -
[11] - Quote
It is hard to understand if it is not something that is part of your mindset.
Consider this as an example: I am a person who does a lot of missions only, collecting the drops along the way and have no interest in how the market works. I only care about getting the next shinney ship, that next officer module to bling out my ship etc. So when i have collected enough, i just open the Markets Tab, find my item and sell to what ever buyer there is, so that i can fund my next and future missions. As i get the required isk i need for my goal, then i don't worry about what extra i may have missed out on.
The beauty of the sandbox to have all different playing styles that suit each person individually, so that they enjoy what they do within the game. 
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Amy Inhibenson
Hedion University
Amarr Empire
10
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Posted - 2016.05.05 07:37:27 -
[12] - Quote
People value their money and time differently. That's all it is. |
Degnar Oskold
Justified Chaos
Spaceship Bebop
180
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Posted - 2016.05.05 15:49:25 -
[13] - Quote
I tend to do this quite often.
I make high end reaction products at a lower price than most others (I know this because I make huge profits selling to buy orders)
But I have little liquid isk on my industry account. If I don't sell to buy orders and instead put up a sell order, I won't have the ISK that I need IMMIDIATELY to buy the inputs to keep my reactions running. I would rather give up a few hundred mllion ISK profit and keep making my billions rather than than have my production freeze up .
You might argue that I should keep a few billion spare as buffer.
But whenever I have a few billion to spare I buy capital ships and whelp them.
EDIT: My favourite move is when there aren't enough buy orders to buy my output profitably. Then I put a whole load of product on a sell order that''s just 0.01 ISK above the buy order price.
I then see all the 0.01 ISK warriors buying one unit of my product to see who I am. Occasionally, wardecs on my industry alt corp follow... |
sci0gon
Kaira Innovations
Superior Eve Engineering
68
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Posted - 2016.05.05 20:22:42 -
[14] - Quote
Cista2 wrote:First of all, the *cooldown* on the EVE market is 5 minutes, so you cannot babysit an order for just 5 minutes. Babysitting implies a repetition of 5-minute cycles.
Second, I don't think there is an item in EVE with a 100 mil market spread where you can sell the item on sell order after say, half an hour of babysitting. For example, PLEX you can sell that way, but the spread is 10-15 million more likely. At the other end of the spectrum, implants or ships with a 100 mil spread would take days to sell on sell order.
it was just a rough example as i've seen on more than one occasion, people throwing away that much and more to buy orders.
Degnar Oskold wrote:II then see all the 0.01 ISK warriors buying one unit of my product to see who I am. Occasionally, wardecs on my industry alt corp follow...
yea i tend to meet that issue a lot too, its why a lot of them hide behind npc alts for their traders since they dont want it getting back to them. |
Tempus Halley
Caldari Provisions
Caldari State
4
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Posted - 2016.05.05 22:29:10 -
[15] - Quote
PSA: Don't forget to set your sell to "immediate" when selling to a buy order otherwise you eat broker fee which is now 2.5% to 3%. |
violator2k5
Crescent Nova
15
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Posted - 2016.05.06 04:13:14 -
[16] - Quote
Tempus Halley wrote:PSA: Don't forget to set your sell to "immediate" when selling to a buy order otherwise you eat broker fee which is now 2.5% to 3%.
or lower depending on standings as 2% is the lowest obtainable broker fee. |
Tharius Mogul
Council of Economic Advisors
Bitter Vets n Noobs
0
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Posted - 2016.05.06 19:54:38 -
[17] - Quote
To many pvp'ers it's easier to just quick sell to get back to the action. Personally, I just like to quick sell loot and such instead of waiting for the isk to come in and dealing with 0.01'ers. |
Ortus Maleficus
Lambent Enterprises
36
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Posted - 2016.05.06 21:10:59 -
[18] - Quote
Many station-to-station traders will sell to buy orders because they are more concerned with making any profit that is guaranteed instead of possible larger profits. It is lower risk, especially when you might not come back to that region for a while.
So just example, you fly Widgets from Jita to Dodixie, and still make a profit on selling to buy orders. However, you could create sell orders instead, but it turns out the market was already on the downturn and now you lose money on the Widgets instead.
Tempus Halley wrote:PSA: Don't forget to set your sell to "immediate" when selling to a buy order otherwise you eat broker fee which is now 2.5% to 3%.
A TON of people don't know this, actually. |
Aker Krane
OMEGADYNE LABS
Rising Darkness
25
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Posted - 2016.05.09 13:52:41 -
[19] - Quote
There are several reasons/combination of reasons to do this.
1.) Buy orders represent sufficient/target margin with the purchase of raw materials/build costs.
2.) A large disparity between mark up and buy can be a product of high demand or low demand.
3.) With low demand products, high mark up margins do not signal realized profits. That is just "hope".
Hope is not a market strategy.
4.) Forecast downturn in input costs.
5.) Opportunity costs associated with playing the 1 isk game too high.
6.) Free up trapped liquidity.
7.) Input compression
There are probably several other reasons, but these are some of the top ones.
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Areen Sassel
99
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Posted - 2016.05.09 20:30:51 -
[20] - Quote
Ortus Maleficus wrote:Tempus Halley wrote:PSA: Don't forget to set your sell to "immediate" when selling to a buy order otherwise you eat broker fee which is now 2.5% to 3%. A TON of people don't know this, actually.
I think I tend to forget it because it's such a horrific piece of UI screw that obviously it wouldn't be like that, it would just charge you the broker fee if the order couldn't be executed immediately. :-( |
Pookoko
Sigma Sagittarii Inc.
161
|
Posted - 2016.05.10 01:05:24 -
[21] - Quote
People sell all sorts of things to buy orders for various reasons listed above. I know your 100mil difference comment was just an example, but there's a LOT of ISK in the game with lots of players simply not that bothered about a few hundred millions or even few billions or whatever.
I know this is a bit warped example but check out the last month's winner from iwantisk.com
http://iwantisk.com/leaderboards.php?type=past_months&date=42016
The winner for April 2016 won 15 trillion ISK in one month.
If you combine the winnings of players in top 10, that mounts up to 69 trillions.
People are spending billions in less than a minute to buy raffle tickets.
Now, that's figures from just one site and one isk spinning avenue in the game. People make billions a day in null carebearing, there are moon goo, there are PI empires, sleeper blue loots and salvages, etc, etc.
The amount of ISK in the game is HUGE and there are always new and various opportunities to make ISK.
As a trader, it's easy to get big headed and feel that you are buying from the fools and selling to the fools, and yes, there are lots of fools in New Eden, but for some, ISK is really not a concern.
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Johnathan Coffey
Niforce Triggers
66
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Posted - 2016.05.10 11:04:30 -
[22] - Quote
Areen Sassel wrote:Ortus Maleficus wrote:Tempus Halley wrote:PSA: Don't forget to set your sell to "immediate" when selling to a buy order otherwise you eat broker fee which is now 2.5% to 3%. A TON of people don't know this, actually. I think I tend to forget it because it's such a horrific piece of UI screw that obviously it wouldn't be like that, it would just charge you the broker fee if the order couldn't be executed immediately. :-(
Didn't they fix that at some point? I could have sworn that i don't get charged broker fees when selling into a buy order, no matter what i put in the duration box.
First rule of EVE UI: right click EVERYTHING.
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Miktek
Reasonable People
Of Sound Mind
28
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Posted - 2016.05.10 11:33:42 -
[23] - Quote
sci0gon wrote:I could never understand the mindset of players who sell to buy orders when there is a large marginal difference between the sell and buy order. I dont think it has to do with a urgency for a quick intake of isk with some of them as i've seen a few where people have thrown away large sums of isk just on selling to buy orders, where as a little patience would of netted them more profit.
have any of you ever had this done and spoke to the person who sold it?
Sometimes it is just to get rid of the items, perhaps they live nowhere near a trade hub but periodically take a load of loot/salvage to market and so just out it to buy orders because they are not going to be in region for that long in order to maintain the orders.
Personally I will spot check a few items that may potentially be of greater value and put them up to sell orders but then will just sell everything else to buy orders.
Your question could be the same to those that leave wrecks unlooted and unsalvaged, why do that not monopolise on that? I think it is basically that it doesnGÇÖt interest them. When I was new I sold everything to sel orders as I needed all the ISK I can get, now I donGÇÖt need to be that fastidious.
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Areen Sassel
101
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Posted - 2016.05.11 00:09:59 -
[24] - Quote
Johnathan Coffey wrote:Didn't they fix that at some point? I could have sworn that i don't get charged broker fees when selling into a buy order, no matter what i put in the duration box.
That's what I thought too, because surely this is fixed by now, so I went and checked explicitly; charged broker fees on both buy and sell if the duration is not immediate, even though the purchase/sale itself was immediate. |
Johnathan Coffey
Niforce Triggers
73
|
Posted - 2016.05.12 12:18:09 -
[25] - Quote
Areen Sassel wrote:Johnathan Coffey wrote:Didn't they fix that at some point? I could have sworn that i don't get charged broker fees when selling into a buy order, no matter what i put in the duration box. That's what I thought too, because surely this is fixed by now, so I went and checked explicitly; charged broker fees on both buy and sell if the duration is not immediate, even though the purchase/sale itself was immediate.
The 1% are screwing over the common man i tell you.
First rule of EVE UI: right click EVERYTHING.
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Jay Aaron
M-Spec Industrial Resources Ltd
Agents of Fortune
10
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Posted - 2016.05.12 19:23:28 -
[26] - Quote
I'll occasionally sell into the bid on price resets, manipulation attempts or other market aberrations. Yesterday's Mexallon trade is a good example. I wake up to Mex bid 76 / asked 89... way higher than Mex has seen in over a year. 60 mm units are bid at 76 or higher. I'm sitting on 500 million units bought in the high 40s to low 50s... so why not take some profits? Dump 60 million to the bids AND rotate through a few stacks of sell orders at 89 to catch a little more of the trade for awhile while drinking a mug or two of coffee. Good fun!
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Snagletooth Scott
Snagle Material Services
CAStabouts
0
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Posted - 2016.05.15 03:50:52 -
[27] - Quote
buy order for item X, 1000 ISK
median sell price for item X, 10,000,000 ISK
Yea, why would you sell to buy?
Well, lets see...
number of item X on the market for sale, 80,000,000
frequency of sales, about 1 a month.
Yea, it'll only take me some 30 odd years to sell it direct, Ill sell to buy, thank you. |
Drago Shouna
Royal Amarr Institute
Amarr Empire
371
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Posted - 2016.05.15 10:48:35 -
[28] - Quote
Last night I sold a lot of minerals and ice products to region wide buy orders.
A. There wasn't a massive gulf between the prices.
B. I honestly couldn't be arsed to move it all to a hub and set up sell orders for it.  |
Angelina Jolee
School of Applied Knowledge
Caldari State
1
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Posted - 2016.06.07 02:48:59 -
[29] - Quote
So somebody can can sell less by 0.01 ISK?
No thanks. |
Shiloh Templeton
Center for Advanced Studies
Gallente Federation
546
|
Posted - 2016.06.07 03:20:50 -
[30] - Quote
If you live in j-space you don't have time to babysit sell orders before the hole closes on you.
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