Marketplace
#61
Posted 25 August 2012 - 02:36
It's NOT manipulation of the market to see a bunch of gold AT THE TOP of the market. If anything, it's panic-selling.
I know of at least once it was a guild founder that took a huge amount out of the guild coffers to convert to FSPs for upgrades.
It DOES create the "false bottom" some were so fretful of on the other thread. However, the concept then leads to people over-bidding that "bottom". Why? Because they're scared of PvP hits and need that gold to move.
Here's where those of us with PvP protection come in... if I were on and had my deposits I would BUY that chunk of gold. Yep. BUY IT ALL. I'll REMOVE that "false bottom" in seconds. I'll bank it, and sit and sit and sit on it. I made only three sales of gold in the last week until last night and I got lucky with three sales in a 40 minute period. When I'm not moving gold, though, I'm buying it. I'm keeping the market DOWN.
True, enough, I add another "false bottom" when I place my bid (between 10,000 and 30,000 under market "top"). However, that's about 25% under the market and I risk that my gold isn't going to be converted back into gold for a long time. Here's the kicker, though, I'd guess 75%-85% of the time I sell that chunk of gold all at once. It's rarely sold in bits. Apparently I'm making SOMEONE happy with that "false bottom" I'm placing. Probably a scavenger or someone forging and needing gold in-hand. By the way, I made about 3 FSPs for my efforts. Woo. Definitely not worth the effort without other stuff like buff-selling and pot-buying.
It's NOT manipulation as you're thinking of it. There's no guarantee I pay for my PvP protection. None. In fact, I usually don't. It takes a LOT of logging in, too. I have to actually WATCH the market (what a joy!), and reaction times matter. Pay attention to how long a listing lasts at 300,000. Less than a second most likely. It's kind of competitive, actually.
I certainly don't want to buy gold cheap and then re-sell it above what I paid. I'll lose FSPs then. I want the market to drop. I want gold sinks, too. I would friggin' LOVE to see the market back at 125,000 per dot.
Let's stop complaining and offer some solutions. More gold per hit isn't "sinking" gold. It's just changing hands in bigger chunks. I've never seen a PvPer say, "Hey, let's increase the amount of gold sunk, but not the gold stolen. That can stay the same."
Actually, bringing back FSPs per video reward would help put more dots in the game. That helps with the market. Newer/better potions in the "special" AH would help (my BEST time ever was after that mega-LE event and everyone wanted purplet flowers to make WWs... oh I did well THEN!). A new cave with new pots and goodies would be nice. Basically, ways of getting gold OUT of the game.
#62
Posted 25 August 2012 - 11:38
+1It's NOT manipulation of the market to see a bunch of gold AT THE TOP of the market. If anything, it's panic-selling.
I know of at least once it was a guild founder that took a huge amount out of the guild coffers to convert to FSPs for upgrades.
It DOES create the "false bottom" some were so fretful of on the other thread. However, the concept then leads to people over-bidding that "bottom". Why? Because they're scared of PvP hits and need that gold to move.
Here's where those of us with PvP protection come in... if I were on and had my deposits I would BUY that chunk of gold. Yep. BUY IT ALL. I'll REMOVE that "false bottom" in seconds. I'll bank it, and sit and sit and sit on it. I made only three sales of gold in the last week until last night and I got lucky with three sales in a 40 minute period. When I'm not moving gold, though, I'm buying it. I'm keeping the market DOWN.
True, enough, I add another "false bottom" when I place my bid (between 10,000 and 30,000 under market "top"). However, that's about 25% under the market and I risk that my gold isn't going to be converted back into gold for a long time. Here's the kicker, though, I'd guess 75%-85% of the time I sell that chunk of gold all at once. It's rarely sold in bits. Apparently I'm making SOMEONE happy with that "false bottom" I'm placing. Probably a scavenger or someone forging and needing gold in-hand. By the way, I made about 3 FSPs for my efforts. Woo. Definitely not worth the effort without other stuff like buff-selling and pot-buying.
It's NOT manipulation as you're thinking of it. There's no guarantee I pay for my PvP protection. None. In fact, I usually don't. It takes a LOT of logging in, too. I have to actually WATCH the market (what a joy!), and reaction times matter. Pay attention to how long a listing lasts at 300,000. Less than a second most likely. It's kind of competitive, actually.
I certainly don't want to buy gold cheap and then re-sell it above what I paid. I'll lose FSPs then. I want the market to drop. I want gold sinks, too. I would friggin' LOVE to see the market back at 125,000 per dot.
Gathering Crystal Cutting 49 | Farming 49 | Fishing 49 | Foraging 49 | Forestry 49 | Prospecting 49 | Skinning 49
Crafting Alchemy 49 | Armorsmithing 49 | Cooking 49 | Jewelry 49 | Leatherworking 49 | Tailoring 49 | Weaponsmithing 49
First person to have maxed them
Characters (all level 49)
Prophet Savanc Savavita Savavimala Mage Savanhildur Savashengli Savahathor
Warrior Savy Savanikomachos Savafionnchadh Assassin Savalina Savajahangir
Ranger Savakainda Savatakoda Savaraxka Templar Savastanislav Savasegolene
#63
Posted 25 August 2012 - 14:13
1 user(s) are reading this topic
0 members, 1 guests, 0 anonymous users