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  #21  
Old 03-24-2014, 03:44 PM
Pint Pint is offline
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Originally Posted by Ele [You must be logged in to view images. Log in or Register.]
it is known
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  #22  
Old 03-24-2014, 03:47 PM
Splorf22 Splorf22 is offline
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Originally Posted by Daldaen [You must be logged in to view images. Log in or Register.]
Yes that's definitely part of it.

But 1-2k is pretty reasonable for just using your own OT hammer for 1-2 to proc and get 10 feet from the turnin mob...
Since the OT hammer price was stable at 5k for years before dropping to 3k, I'm going to say that this is mostly wishful thinking.

Also, I don't even bother to sell them any more, even when people ask.
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  #23  
Old 03-24-2014, 05:26 PM
Waedawen Waedawen is offline
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Originally Posted by HeallunRumblebelly [You must be logged in to view images. Log in or Register.]
Value is shared between capitalist and worker :P


Hahahahahahahahahahahahnaha FUCKING. WHAT. That's some serious EQ sperging, holy shit
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  #24  
Old 03-24-2014, 05:56 PM
Swish Swish is offline
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Originally Posted by Splorf22 [You must be logged in to view images. Log in or Register.]
Since the OT hammer price was stable at 5k for years before dropping to 3k, I'm going to say that this is mostly wishful thinking.
Naw not true, I was in a guild that's disbanded that was doing them for 2k a couple of years back. If you paid the "tourist" price, then lol.
  #25  
Old 03-24-2014, 06:25 PM
Nordenwatch Nordenwatch is offline
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Originally Posted by Swish [You must be logged in to view images. Log in or Register.]
Naw not true, I was in a guild that's disbanded that was doing them for 2k a couple of years back. If you paid the "tourist" price, then lol.
tourist trap $$
  #26  
Old 03-24-2014, 06:27 PM
Nordenwatch Nordenwatch is offline
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also to everyone saying you need to do it 65 times to "break even"... you realize you still have the strings after that you can resell for essentially the same price you bought them for.

Its pure profit. In the height of the population I would sell 10 of these a day, my necro would be perma parked in OT. hammer thread is legendary
  #27  
Old 03-24-2014, 06:34 PM
Waedawen Waedawen is offline
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Originally Posted by Nordenwatch [You must be logged in to view images. Log in or Register.]
also to everyone saying you need to do it 65 times to "break even"... you realize you still have the strings after that you can resell for essentially the same price you bought them for.

Its pure profit. In the height of the population I would sell 10 of these a day, my necro would be perma parked in OT. hammer thread is legendary
100% true. I'd sit back and applaud how many suckers that lined up to get a hammer.
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  #28  
Old 03-24-2014, 06:34 PM
feanan feanan is offline
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Was a kick ass pally from Divinity that let me use his puppet strings for free!

Can't remember his name [You must be logged in to view images. Log in or Register.] This was quite awhile ago
  #29  
Old 03-24-2014, 07:07 PM
August August is offline
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Originally Posted by Nordenwatch [You must be logged in to view images. Log in or Register.]
also to everyone saying you need to do it 65 times to "break even"... you realize you still have the strings after that you can resell for essentially the same price you bought them for.

Its pure profit. In the height of the population I would sell 10 of these a day, my necro would be perma parked in OT. hammer thread is legendary

It's pure profit that costs 300-500K to make money off of.

'It takes money to make money'

Each transaction is netting you 1%-2% return on your initial investment.

It's all about scale of risk / asset allocation. It is a slow-growth strategy that requires significant capital to get started.

You also risk depreciation of your asset, just the same way machinery is written off for depreciation costs.

Relinquishing the strings also negates your income source. People are paying for you to have your money non-liquid in items that generate money in a single way.

I'm not saying it's not a good strategy, and that the margins aren't great. I'm just saying that it makes a lot of sense. I'd wager that if strings charges sold for 500pp, the cost of the string would go down, significantly.
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  #30  
Old 03-24-2014, 07:50 PM
Asap Asap is offline
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Norden, where have you been? Did you quit?
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