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  #21  
Old 01-13-2015, 02:39 PM
Ravager Ravager is offline
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Originally Posted by August [You must be logged in to view images. Log in or Register.]
Fastest way to make money is to tunnel rat. No lie.

Have you seen the range on a FBSS? Throughout the day they range from 7k to 9k, easily. Someone auctioning it 'has to go 7k' is going to take less. That's just the mentality of someone who needs pp now.

That's just 1 data point. There's tons more. Jade Maces can be bought for 1k and sold for 1500. Idol of the Thorned can be had for 4k and sold for 5k. RBG could probably be bought for 35k and sold for 42k.

What you want to avoid are the really big ticket items - items that only a handful of people can afford when there are options that are 'nearly' as good for much, much cheaper. CoF is a great example. Great item, but 75k is rough for a lot of people, especially when FBSS + chanter buffs caps haste on newbie chars. You can flip it, but you're holding up a ton of money on one item. These items are also more susceptible to drop. Only invest in these if you have a ton of money and can wait for the market to turn around.

So, if you're really looking to save up for something in particular, I'd suggest just bumming it in the tunnel.
This is the reason I never sell or buy anything in EC. You gotta put up with this crap for hours on end.
  #22  
Old 01-13-2015, 02:40 PM
Yumyums Inmahtumtums Yumyums Inmahtumtums is offline
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Pet classes can make some good coin in sola off of fine steel and hq bricks of ore.
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  #23  
Old 01-13-2015, 02:45 PM
August August is offline
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Originally Posted by Ravager [You must be logged in to view images. Log in or Register.]
This is the reason I never sell or buy anything in EC. You gotta put up with this crap for hours on end.
Whether you realize it or not the people that do this are the reason the economy stays stable and is the reason that not everyone has to sit in the tunnel all day long. The idea of a floor price where it will get bought up by resellers helps guarantee items value over the course of time and prevents huge slumps. It gives the illusion of demand when supply is high as people will hold items without use intentions.

A lot of people don't understand that price is not always the main motivator for selling an item. It's demand for that item that sells it.

Let me illustrate - say it's 2 AM and you think that price alone will sell the item. You auction FBSS for 10k, no biters. You think, OK, too high, FBSS - 9k. However it's 2 AM and nobody that's on is a reseller or wants to buy the FBSS. Now it's 4 AM and you're selling FBSS for 50pp please somebody buy it!

That type of devaluation would occur all the time without a reseller market to stabilize the price. If I see a FBSS for 6k i'm snatching it up immediately because I realize that people WILL PAY more than that for it, at some indefinite time if I allow some of my wealth to become tied up in an item.


You're welcome!
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  #24  
Old 01-13-2015, 02:55 PM
kaev kaev is offline
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Originally Posted by August [You must be logged in to view images. Log in or Register.]
stuff about tunnelquest
I did way to much of this shit on live back in the day. Made myself spend some time in tunnel ~ 18months ago selling smithed armor here... No more, life is too short.
  #25  
Old 01-13-2015, 03:10 PM
Celatus Celatus is offline
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Quote:
Originally Posted by kaev [You must be logged in to view images. Log in or Register.]
I did way to much of this shit on live back in the day. Made myself spend some time in tunnel ~ 18months ago selling smithed armor here... No more, life is too short.
Yup I don't care how much money I can make doing that I would rather run around sola grinding out plat than sitting in EC which should be in NFP like we did on veeshan because there is a bank there!! EC is for newbs.
  #26  
Old 01-13-2015, 03:14 PM
Celatus Celatus is offline
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Quote:
Originally Posted by August [You must be logged in to view images. Log in or Register.]
Whether you realize it or not the people that do this are the reason the economy stays stable and is the reason that not everyone has to sit in the tunnel all day long. The idea of a floor price where it will get bought up by resellers helps guarantee items value over the course of time and prevents huge slumps. It gives the illusion of demand when supply is high as people will hold items without use intentions.

A lot of people don't understand that price is not always the main motivator for selling an item. It's demand for that item that sells it.

Let me illustrate - say it's 2 AM and you think that price alone will sell the item. You auction FBSS for 10k, no biters. You think, OK, too high, FBSS - 9k. However it's 2 AM and nobody that's on is a reseller or wants to buy the FBSS. Now it's 4 AM and you're selling FBSS for 50pp please somebody buy it!

That type of devaluation would occur all the time without a reseller market to stabilize the price. If I see a FBSS for 6k i'm snatching it up immediately because I realize that people WILL PAY more than that for it, at some indefinite time if I allow some of my wealth to become tied up in an item.


You're welcome!

No what resellers do is perpetuate inflated prices. They help no one but themselves. I don't care even if they have great prices the leather assed tunnelquesters of which im sure most of you know wont get my business.
  #27  
Old 01-13-2015, 03:16 PM
Kreylyn Kreylyn is offline
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Quote:
Originally Posted by August [You must be logged in to view images. Log in or Register.]
Fastest way to make money is to tunnel rat. No lie.

My brother did this on live back in the day. He started the game well after I did, and started with a pally. Said the one thing he wanted more than anything was a goulbane. So I camped him one, and gifted it to him when he hit lv 18.

2 days later he /tell me to let me know he sold it. I was pissed.... till he followed up with bought another, sold it, bought another, sold it... and now has one + 10k in plat. Lol.

If you can stand the tunnel, you can definitely make some plat.

I did the same thing when bazaar was added on live sorta, because people would never compare vendor prices for their listings, they would just drop the price below anyone else selling it. I had a spreadsheet of vendor prices on items I checked and could buy from player/sell to vendor and make immediate profit. Bazaar really did screw things up. lol

Krey
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  #28  
Old 01-13-2015, 03:16 PM
Ravager Ravager is offline
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Quote:
Originally Posted by August [You must be logged in to view images. Log in or Register.]
Whether you realize it or not the people that do this are the reason the economy stays stable and is the reason that not everyone has to sit in the tunnel all day long. The idea of a floor price where it will get bought up by resellers helps guarantee items value over the course of time and prevents huge slumps. It gives the illusion of demand when supply is high as people will hold items without use intentions.

A lot of people don't understand that price is not always the main motivator for selling an item. It's demand for that item that sells it.

Let me illustrate - say it's 2 AM and you think that price alone will sell the item. You auction FBSS for 10k, no biters. You think, OK, too high, FBSS - 9k. However it's 2 AM and nobody that's on is a reseller or wants to buy the FBSS. Now it's 4 AM and you're selling FBSS for 50pp please somebody buy it!

That type of devaluation would occur all the time without a reseller market to stabilize the price. If I see a FBSS for 6k i'm snatching it up immediately because I realize that people WILL PAY more than that for it, at some indefinite time if I allow some of my wealth to become tied up in an item.


You're welcome!
That's some kind of backward logic to think that your lowballing me is doing me favors when really it's just wasting my time.
  #29  
Old 01-13-2015, 03:21 PM
indiscriminate_hater indiscriminate_hater is offline
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Quote:
Originally Posted by loramin [You must be logged in to view images. Log in or Register.]
someone needs to add SK treants to that. amazing pp for that level
  #30  
Old 01-13-2015, 03:26 PM
August August is offline
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Quote:
Originally Posted by Ravager [You must be logged in to view images. Log in or Register.]
That's some kind of backward logic to think that your lowballing me is doing me favors when really it's just wasting my time.
If you have the concept of a 'lowball' offer then you're not any different than a tunnel quester, you're just not as persistent or consistent.

If you have a FBSS and you're trying to get 9k for it, you are a tunnel quester. If you would accept 7k, you just want to get rid of it and get out of the tunnel.

RE: Inflated prices - they are what they are. We keep prices relatively stable. You think we hurt everyone by keeping prices high? What about people who are selling items? Do you think they want their items they camp to decrease in value? Two sides to every coin. It's about providing a consistent market of goods by stabilizing prices around accepted values. Too much inflation, or too much deflation, is bad for any economy.
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