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Dasfry
Caldari Demio's Corporation
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Posted - 2007.12.23 11:43:00 -
[1]
Edited by: Dasfry on 23/12/2007 11:48:04 ! Regional Market trade, Encouraging more and market price balance !
Hello,
The idea here is to encourage more trades on the regional market.
My idea is to add 3 simple color coded icons, next to or on top of market item's icons. At a glance you can see if an item's market value is going up or going down. This encurages investors or traders to get into lucritive markets and avoid unfavorable markets.
The effect is items that where once ignored get attention and the items that have to much competion can be avoided. Thus encouraging more market price balance & trade.
The icons will simply be based on the regional market's highest buy order and lowest sell order.
When an item on the market has its highest regional buy order price higher, then someone else's regional sell order price, (This is considered a point where demand is higher then supply) The market window gives you a quick at a glance view, you get a small GREEN UP arrow over the top right of the said item's icon.
The effect here is, traders are encrouaged to invest in this market. Which in turn helps buyers because more competition means lower prices.
When an item on the market has its highest regional buy order price lower, then someone else's regional sell order price, (This is considerd a point where deman is lower then supply) The market window gives you a quick at a glance view, you get a small RED down arrow over the top right of said item's icon.
The effect here is traders are encouraged to invest in other products. Which in turn helps buyers because more products become available.
In the event a particular item is missing either buy or sell orders. The market cannot make a comparason and thus shows simply a YELLOW ! examation point, over the top right of said items icon.
The effect here is, traders are encrouaged to either place buy orders or sell orders. Which in turn helps buyers because more options become available that wheren't there before.
In the event the highest buy order matchest the highest sell order. Neither a up or down arrow apears as the market price for that item is considered to have reached it's market equalibrium.
This effectivly helps everyone because the market becomes quicker to read, and easier to understand. Not only to seasoned players but to new players as well. . Dasfry, CEO Demios Corporation
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Riethe
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Posted - 2007.12.23 12:08:00 -
[2]
Quote: Traveller! Head to 4-4 in the Jita wastelands and speak with the locals about advancing your trading career!
Quote: Your quest journal has been updated.
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Seriously though. It's a neat idea. I've never seen it before. But the answers you're going to get will basically be all the market gurus saying:
"We learned the hard way, so can you. It's only 1 more click to see the market trends, adding this would be easy mode. Stop being lazy"
And so on and so forth.
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Chani Fedaykin
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Posted - 2007.12.23 12:16:00 -
[3]
uhm - basically the idea is not in any way related to trend analysis - its just a visual simplification. modified icon instead to look at the lowest sell / highest buy order ... which can be done in a glance anyways...?
it doesnt even take into account the average buy / sell price (related to item and/or order count).
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Dasfry
Caldari Demio's Corporation
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Posted - 2007.12.23 13:07:00 -
[4]
Edited by: Dasfry on 23/12/2007 13:09:53
Originally by: Chani Fedaykin uhm - basically the idea is not in any way related to trend analysis - its just a visual simplification. modified icon instead to look at the lowest sell / highest buy order ... which can be done in a glance anyways...?
it doesnt even take into account the average buy / sell price (related to item and/or order count).
Chani Fedaykin,
It does NOT need to have complicated math behind it. It IS intended to have simple math, so the servers do not need to do anything complicated. It is NOT intended to be a trend analysis. What it IS intended to be, is to make the market eaiser & quicker to use. No, it does NOT take into account the average buy/sell price (it is not intended too)
This is intended to benefit the regional market user. Just as you said a visual simplification.
Which can have a BIG impact on the useability of the in game market window!
. Dasfry, CEO Demios Corporation
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Chani Fedaykin
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Posted - 2007.12.23 13:42:00 -
[5]
yes - not sure about the big impact
... anyways i think i understood what you suggested, no need to clarify that for me ^^
my post was rather directed to riethe and the comment about 'market gurus' - showing that it actually is not something that will make trading 'easier', but just a visual simplification / an additional visual 'add' to show something that can be seen anyways.
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Shadarle
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Posted - 2007.12.23 15:54:00 -
[6]
I don't see this doing anything useful... I don't even understand the point behind it.
Quote: This effectivly helps everyone because the market becomes quicker to read, and easier to understand. Not only to seasoned players but to new players as well.
It really doesn't do much of anything, but the tiny bit it does hurts those who are already able to read the market and helps those who aren't able to.
If you want a real useful solution then ask CCP to color code market orders based on who issued them. You, Corp, Other.
Or ask them to add quickbar folders, saving searches on contracts, saving market searches to the quickbar, etc
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Stacking Penalty / Resists Explained |
Dasfry
Caldari Demio's Corporation
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Posted - 2007.12.24 05:40:00 -
[7]
Edited by: Dasfry on 24/12/2007 05:41:33
Originally by: Chani Fedaykin yes - not sure about the big impact
To see the impact i'm talking about you need to zoom out and see the whole picture. What this effectivly does is lower the learning curve to the market. If more players understand it and use it. Then trade volume increases. As trade volume increases so do oportunites for profit across the entire player driven market.
Remember eve isnt your normal MMO, eve actually has a large learning curve to it compared to other MMO's. Large enough to discurage many new players from really giving eve a chance by the first day of play.
Chani, just reflect on your first days playing eve. . Dasfry, CEO Demios Corporation
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Riethe
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Posted - 2007.12.24 10:12:00 -
[8]
Originally by: Dasfry Edited by: Dasfry on 24/12/2007 05:41:33
Originally by: Chani Fedaykin yes - not sure about the big impact
To see the impact i'm talking about you need to zoom out and see the whole picture. What this effectivly does is lower the learning curve to the market. If more players understand it and use it. Then trade volume increases. As trade volume increases so do oportunites for profit across the entire player driven market.
Remember eve isnt your normal MMO, eve actually has a large learning curve to it compared to other MMO's. Large enough to discurage many new players from really giving eve a chance by the first day of play.
Chani, just reflect on your first days playing eve.
Good.
No one wants those people around anyway.
EVE is special for a reason. It doesn't need to be changed to appeal to the mainstream. Its subscription base is already constantly rising.
The learning curve is a filter.
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Washell Olivaw
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Posted - 2007.12.24 12:23:00 -
[9]
Dr. EyjoG stated in one of his blogs or the QEN that prices amongst regions are fairly equal and concluded that trading as is does its job.
Working from that conclusion: making trading easier will increase competition and while revenue may go up, profit margins will go down.
Quote: Everybody has a photographic memory, some people just don't have film.
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corebloodbrothers
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Posted - 2007.12.24 12:54:00 -
[10]
i dont think eve is supposed to be easy, the steep learning curve attracs a centrain kind of gamers, which is the niche EVE has taken quit well recent years (it s the reason i started eve)
Marking stuff for rising trends would also mean manipulation by the experts u mention. Traders can make items go up and down. A simple icon repressenting that trend for people who jump on the bandwagon will always be a little to late. So instead of lettign epopel put the effort and time in so they really understand u give them simplified signals which will cost them.
Big seller A buys everything of a good, Symbol goes green, every moron jumps on the wagon. Big player dumps goods, leaving the second wave with the problems
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SiJira
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Posted - 2007.12.24 21:05:00 -
[11]
exercise in futility every trader would manipulate this and it would have no practical use Trashed sig, Shark was here |
Stefan F
Enrave Knights Of the Southerncross
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Posted - 2007.12.25 02:09:00 -
[12]
No.
Already we have too many people in the market manipulating. Lets not making it even more easy to f&ck around.
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Dasfry
Caldari Demio's Corporation
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Posted - 2007.12.26 09:51:00 -
[13]
Edited by: Dasfry on 26/12/2007 09:51:27
Originally by: Riethe
Seriously though. It's a neat idea. I've never seen it before. But the answers you're going to get will basically be all the market gurus saying:
"We learned the hard way, so can you. It's only 1 more click to see the market trends, adding this would be easy mode. Stop being lazy"
And so on and so forth.
Looks like your right, Some players are stuck on the... "I used to walk 5 miles to school in the snow, so can you" . Dasfry, CEO Demios Corporation
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Captator
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Posted - 2007.12.26 10:32:00 -
[14]
I am a market n00b and just about know how to buy and fit a ship from it, and use the search function ;)
I support this idea, just because you cannot understand the market doesn't mean you cannot cope with EVE, just that area of it.
The only reason I personally cannot understand it is because it takes much too long to know what you are doing, anything that eases the transition to a more advanced understanding of the markets and market forces, is a good thing.
Note this option can also be avoided by any seasoned traders, so it only adds to the number of traders, detracting nothing.
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Dasfry
Caldari Demio's Corporation
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Posted - 2007.12.27 22:19:00 -
[15]
Originally by: Captator I am a market n00b and just about know how to buy and fit a ship from it, and use the search function ;)
I support this idea, just because you cannot understand the market doesn't mean you cannot cope with EVE, just that area of it.
The only reason I personally cannot understand it is because it takes much too long to know what you are doing, anything that eases the transition to a more advanced understanding of the markets and market forces, is a good thing.
Note this option can also be avoided by any seasoned traders, so it only adds to the number of traders, detracting nothing.
Captator,
Good to see players that agree my idea here would actually be benefitial to eve. . Dasfry, CEO Demios Corporation
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