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Aslord
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Posted - 2008.07.04 09:43:00 -
[1]
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Aslord
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Posted - 2008.07.04 09:44:00 -
[2]
opps, its jita someone will alway undercut but .01 isk
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Kwint Sommer
Caldari
Lothian Quay Industries
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Posted - 2008.07.04 10:10:00 -
[3]
Edited by: Kwint Sommer on 04/07/2008 10:10:35
~This pointless post has been brought to you by AssLord.
Purchasing and Shipping Moon Minerals |
Aslord
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Posted - 2008.07.04 10:14:00 -
[4]
my bad, sorry
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Snasty
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Posted - 2008.07.04 11:34:00 -
[5]
Mission runners may be looking foir a V quick sale, they dont generally have 57+ order slots after all...
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Ava Santiago
Minmatar
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Posted - 2008.07.04 20:37:00 -
[6]
 Originally by: Aslord
Obvious troll is Obvious.
Concord doesn't provide consequences. Concord provides insurance payouts. |
Frenden Dax
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Posted - 2008.07.04 21:42:00 -
[7]
They could be focusing on volume instead of profit margins.
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Tasko Pal
Heron Corporation
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Posted - 2008.07.04 22:18:00 -
[8]
I recommend searching for "undercutting". That'll pick up many of the threads on the subject.
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Jaeger Orlofsson
VentureCorp
Imperial Republic Of the North
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Posted - 2008.07.04 22:37:00 -
[9]
all your answers can be found in this guide
0.01 isk undercutting
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SoleDeo Gloria
Minmatar
Mission Runners Incorporated
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Posted - 2008.07.04 23:46:00 -
[10]
noooooooooooooooooooooooooooooooooooooooooo!
My EVE Online Screen Captures Blog |
Hareld
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Posted - 2008.07.05 11:12:00 -
[11]
Originally by: Ava Santiago
Originally by: Aslord
Obvious troll is Obvious.
Over-used saying is Over-used.
You're just as bad as the OP.
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Adept Hunter
Caldari
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Posted - 2008.07.05 11:43:00 -
[12]
It's a well known fact that jita is a bad place to do business from a lag perspective. I myself am a mission runner and I never ever go to jita for selling. In my opinion jita is a great place for trade corps to do business in trade and steer clear of making sales altogether. there is many other great spots all over eve that has no trade whatsoever and if i had a hauler for every trade good I uncovered I'd be guilty of undercutting. What's wrong with setting up shop around jita instead. Even saving someone 4 jumps from the traffic is totally worth my time.
Brought to you by me
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Augeas
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Posted - 2008.07.05 23:29:00 -
[13]
Since undercutting by 0.01 ISK is an invitation to be instantly undercut yourself, I thin that your question was the wrong way round... 
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Kazzac Elentria
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Posted - 2008.07.06 06:49:00 -
[14]
Normally I would say something to the effect of "Use the lemmings to your advantage" but really I can only repeat myself once every few weeks. |
Frenden Dax
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Posted - 2008.07.06 06:51:00 -
[15]
Edited by: Frenden Dax on 06/07/2008 06:51:15
Originally by: Augeas
Since undercutting by 0.01 ISK is an invitation to be instantly undercut yourself, I thin that your question was the wrong way round...
It's Jita, you'll be undercut right up to the point where it becomes more profitable to be bought out by your competition. The 0.01 isk game is the most economical way to do business there. 
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Augeas
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Posted - 2008.07.06 10:38:00 -
[16]
Originally by: Frenden Dax
Edited by: Frenden Dax on 06/07/2008 06:51:15
Originally by: Augeas
Since undercutting by 0.01 ISK is an invitation to be instantly undercut yourself, I thin that your question was the wrong way round...
It's Jita, you'll be undercut right up to the point where it becomes more profitable to be bought out by your competition. The 0.01 isk game is the most economical way to do business there.
Haha.
No.
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Hareld
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Posted - 2008.07.06 11:54:00 -
[17]
Originally by: Augeas
Originally by: Frenden Dax
Edited by: Frenden Dax on 06/07/2008 06:51:15
Originally by: Augeas
Since undercutting by 0.01 ISK is an invitation to be instantly undercut yourself, I thin that your question was the wrong way round...
It's Jita, you'll be undercut right up to the point where it becomes more profitable to be bought out by your competition. The 0.01 isk game is the most economical way to do business there.
Haha.
No.
if you think undercutting by a larger amount is going to stop someone undercutting you again the instant they see your undercut while the item is still profitable then you are seriously deluded.
If you've done it by such a massive margin that the item is NOT profitable they're going to let you make no profit on the item but keep an eye on it and move right back in when you try to restore profitability.
Really if you don't understand this... trading is not for you.
the only time under/over cutting by a large margin is worth it is if you are trying to manipulate your competitors into doing something that advantages you (e.g. undercutting you until their sale price is extremely low, buying all their stock and relisting)
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Augeas
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Posted - 2008.07.06 12:38:00 -
[18]
I appreciate that misinformation is a fundamental part of pvp. So I think no further comment is necessary.
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Ralara
Caldari
Vivicide
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Posted - 2008.07.09 11:16:00 -
[19]
Edited by: Ralara on 09/07/2008 11:17:37
Originally by: Hareld
Originally by: Augeas
Originally by: Frenden Dax
Edited by: Frenden Dax on 06/07/2008 06:51:15
Originally by: Augeas
Since undercutting by 0.01 ISK is an invitation to be instantly undercut yourself, I thin that your question was the wrong way round...
It's Jita, you'll be undercut right up to the point where it becomes more profitable to be bought out by your competition. The 0.01 isk game is the most economical way to do business there.
Haha.
No.
if you think undercutting by a larger amount is going to stop someone undercutting you again the instant they see your undercut while the item is still profitable then you are seriously deluded.
Agreed.
There's people, and I don't understand them, that sit there with me in Jita playing the 0.01 isk game, then all of a sudden will either raise the buy or lower the sell by 50m isk.
But the profit on said item could be 250 million isk - 50m is nothing - I don't understand why they do it because I'll just go 0.01 isk higher or lower. It's not just me - with some items, when someone does a stupid price alteration, you'll get 10 people undercutting that by 0.01 isk within 20 minutes. The really dumb thing is, these people (the ones doing the 50m isk price differences) will then play 0.01 isk again.
Why? They just destroyed their own profit.
Unless you put the item so that your buy order is almost as high as the sell orders or the sell orders almost as low as the buy orders, it's not going to stop people 0.01isking it. But at that point, you may as well just buy or sell direct to orders.
EDIT: and then you get some really odd folk who add on maybe 2 or 3 million (or take off that amount). Again - why? What purpose does it solve? No one's going to think "omg, now I'll only make 247m profit instead of 250, I better pull out now". It's just weird.
Maybe they don't know what they're doing - maybe they have some sort of plan but I can't figure it out.
--
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Midas Man
Caldari
Dzark Asylum
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Posted - 2008.07.09 12:30:00 -
[20]
Originally by: Ralara
Edited by: Ralara on 09/07/2008 11:17:37
Maybe they don't know what they're doing - maybe they have some sort of plan but I can't figure it out.
This TBH, I can think of a few reasons why someone would do this to buy or sell orders to increase profit and have used similar tactics myself, As has been said countless times:-
#1 Let the Jita lemmings under/over cut as much as they want
#2 ????????????????
#3 Profit
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Ralara
Caldari
Vivicide
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Posted - 2008.07.09 15:27:00 -
[21]
Edited by: Ralara on 09/07/2008 15:29:11
Originally by: Midas Man
Originally by: Ralara
Edited by: Ralara on 09/07/2008 11:17:37
Maybe they don't know what they're doing - maybe they have some sort of plan but I can't figure it out.
This TBH, I can think of a few reasons why someone would do this to buy or sell orders to increase profit and have used similar tactics myself,
I can also think of one or two reasons but most of the time, I'm convinced it's people who think "I'll raise it by 4 million, that way they wont match it!!!!" which is just completely untrue. Usually I'm right because this same person will, when I or others match it, then proceed to play 0.01 isk again - so there was no point raising it to begin with.
The only real exceptions is when I'm browsing around for fun and see something like, I dunno, an Omega implant or something equally expensive - the buy orders may be at 900m isk, the sell orders at about 1500 and someone puts up a buy order for 1300. Obviously here, they are not interested in trading - they want the implant for themselves or a friend. They're also nto likely to be "crashing" the market since only 1 or 2 sell every day at the most - there's no real market to crash here.
--
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Midas Man
Caldari
Dzark Asylum
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Posted - 2008.07.09 15:43:00 -
[22]
I should probably kepp this to myself but I don;t get involved in this kind of trading now.
Item x details
Jita 1m buy 2m sell
other region 500k buy 3m sell
I stock up on 100's of said item in "other region" while selling at a nice 500% profit but i get a large surplus of unsold, I transfer these to jita for a nice 100% margin.
or. set up a buy order in jita for a fair few units and play .01 a few times if you've caugt a lemming(s) up the price bu 100k then play .01 a few times, if the lemming(s) is still hooked jump by a further 100k, when the lemming(s) stop playing drop your order and flood the lemming(s) with your stock if you know the market well you can also wait for the lemmings to go to war with your stock and reduce the sell price even particapate in the war to increase the crash, then scoop up your original stock at half the price you sold it.
This works similar with sell orders but Ive given enougth today methinks.
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Vuxacha
VTECHS
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Posted - 2008.07.10 02:55:00 -
[23]
Maybe they just like even numbers? Also they might feel rude undercutting or raising by 0.01. All in the head ^^
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Hinterwaeldler
InQuest Ascension
Skunk-Works
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Posted - 2008.07.10 12:06:00 -
[24]
I'm a very casual trader. I will check my orders at most 2-3 times a day. If I picked a market that is beeing camped by 0.1 isk undercutters, it doesn't really matter if I change my prices by 0.1 isk or 1 million isk, my orders will be beaten within minutes anyway. So I will go with the 1 million isk change and destroy the profitability. If I can't make the profit, why should you?
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Midas Man
Caldari
Dzark Asylum
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Posted - 2008.07.10 12:57:00 -
[25]
I also know of people who play 0.01isk while logged in and as they are about to log will throw there remaining unsold items on the market at a massive discount (but still 1-2% profit) in the hope of it all selling by the time they log back on.
This works well in high demand items with a steady price history.
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Augeas
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Posted - 2008.07.11 00:18:00 -
[26]
I love the 0.01 ISK lemmings. 
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Aslord
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Posted - 2008.07.11 05:06:00 -
[27]
Originally by: Hinterwaeldler
I'm a very casual trader. I will check my orders at most 2-3 times a day. If I picked a market that is beeing camped by 0.1 isk undercutters, it doesn't really matter if I change my prices by 0.1 isk or 1 million isk, my orders will be beaten within minutes anyway. So I will go with the 1 million isk change and destroy the profitability. If I can't make the profit, why should you?
sound like a bad business practice, but what do i know
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Tasko Pal
Heron Corporation
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Posted - 2008.07.12 08:45:00 -
[28]
Originally by: Aslord
Originally by: Hinterwaeldler
I'm a very casual trader. I will check my orders at most 2-3 times a day. If I picked a market that is beeing camped by 0.1 isk undercutters, it doesn't really matter if I change my prices by 0.1 isk or 1 million isk, my orders will be beaten within minutes anyway. So I will go with the 1 million isk change and destroy the profitability. If I can't make the profit, why should you?
sound like a bad business practice, but what do i know
Not much apparently. It's been explained. What's the point of undercutting by 0.01 and then coming back in a week to see that your order stayed untouched? If you don't sell product, you don't make isk.
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Markizah
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Posted - 2008.07.12 12:58:00 -
[29]
it's a special exploit that doubles the isk you have in your wallet obviously that's why all the smart kids are doing it on every corner in jita :p
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SiJira
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Posted - 2008.07.12 17:51:00 -
[30]
some people find it so easy to make 100 billion isk a month that wasting 10 billion to make a lot of people like you angry gives them the greatest joy in the world - these same people know how to make sure you wont be buying their orders up and reselling
Trashed sig, Shark was here |
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