| Author |
Thread Statistics | Show CCP posts - 0 post(s) |
Ricdics
Corporate Placement Holding
   |
Posted - 2008.08.12 15:05:00 -
[1]
 Originally by: Snasty
[Well I'm glad that the general view is that this is fair game, albeit a bit over the top, as I have done rather well out of it.
Screenshots of wallet transactions or it never happened  |
Ricdics
Corporate Placement Holding
|
Posted - 2008.08.12 15:34:00 -
[2]
Originally by: Rho'varo
Who foresees Bestowers arriving by the truckload on the evening train?
Well you can see the mass purchase made 1 day before the manipulation, 544 units compared to the average closer to 70 units a day. Would have taken a small chunk of capital (approx 170m) however a single sale has made a return on investment.
Ships are probably the best things to manipulate in this way as they have a far longer build time than modules. Plus, the guy doesn't need to sell those 500 units to make his profit, he can just reprocess them. Prices are that tight in Jita that he will likely get about 280k back for every item purchased at 300k meaning a net loss on that 170m of about 20m however those sales pushes him up to at least a 400% return on investment over a 48 hour period |
Ricdics
Corporate Placement Holding
|
Posted - 2008.08.12 15:42:00 -
[3]
That's the point. These bestowers take what? 3 hours to produce per bpo. At this point chances are a pile of people have bought 9 bestower bpo's each and have them producing like crazy.
However by the time they have a decent stockpile up they will find the price has stabilised and their unresearched production jobs need to be sold for a loss whilst the market manipulator has reprocessed his bestowers and manipulated the badger.
As said above it's incredibly easy to do something like this and there's no instant resolution to the problem. The guy has made the most of that, now that everyone is on the bandwagon he will switch to another stock whilst laughing his arse off when tomorrow there are 2000 bestowers for sale below build cost. |
Ricdics
Corporate Placement Holding
|
Posted - 2008.08.13 09:17:00 -
[4]
Originally by: Sicil Fioet
As far as if this is a scam or not, it is not a scam as much as setting up Ravens for 400 mil ISK and selling them as Navy Ravens is not a scam.
I wouldn't agree. Selling a Raven faked as a Caldari Navy Raven I would consider a scam. It is intentionally trying to trick a person into selling a product that isn't the one advertised.
If you are selling a Raven advertised as a Raven but at a 300% premium you aren't necessarily misleading people. You are selling a product at a price that is right for you. The buyer has the option to purchase or not purchase.
It would come down to ones opinion on whether or not doing this would constitute a scam.
Insured Research and Production Services
Queues |
Ricdics
Corporate Placement Holding
|
Posted - 2008.08.14 04:28:00 -
[5]
There will always be varying opinions on this topic.
For example a couple of days ago I put a Guristas Shuttle on contract for 1 billion isk. If it sells would it be considered a scam? I only have a few of them and they are no longer available so I consider the item to be of relative rarity.
Whilst lots of people may have them, the contracts system allows me to offer my product to regular players who may not watch different channels or directly associate with others. These people won't know that there are a fair few Guristas Shuttle's out there so (with some luck) will buy my epic rare product.
I haven't mislabelled it in any way, I simply determine that I am not interested in letting go of these items below the 1 billion isk mark (it is teh sexy).
Am I scamming?  |
| |
|