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Author Topic: To Those Who Farm Souls/Scales/Sidi/Dragon Loots....Let me DOUBLE your Money! [Locked]
Morgash  1 star
Posts: 141
Registered: 2003-1-28 20:53:00
EuphoricAnguish posted:

but don't pretend your motivations are altruistic, they're based on good old-fashioned greed and personal gain.

Nothing wrong with that.



Actually, I disagree. There is something wrong with that. For your sake, I'll explain this a bit differently.
I do not farm these items. I do not like to farm. I discovered ways to make 5-10p in 5 minutes or less, by surfing the market explorer. Over time, I perfected my methods, and now can usually net about 30-50p in less than 20 minutes by checking over a small list of items I am always watching for on the ME.

Let me give you a semi-recent example.
reforming essences. Not too long ago, there were two CMs selling about 20 stacks of 25 reforming essences for 10p each. That's a steal, I'll tell you right now. I bought every stack, and sold them at the fair market value of 750g for each pink bubble. It took about 3 weeks to sell out, but I made 150p.

I didn't rip anyone off.

Back before they nerfed the bonus level on RoG items, I did a similar thing but instead of re-selling the orbs, I bought them continually on average for about 500-600g - the houses I was buying from kept restocking them at the same price - then I turned them in for super RoG items one at a time. I filled two CM's with nothing but RoG gear priced between 1p and 15p. There were a couple outstanding ones that sold for 45p. This would end up being the second biggest plat pull of my daoc treasure hunting career, as I ended up getting about 2.1p value per orb when it was all said and done.

Once again, I didn't rip anyone off. I simply tapped into a niche that wanted high bonus RoG gear.

It's just easier in my opinion, to spend a few minutes finding opportunities on the ME, than it is to actually load up my bot account and go farm stuff. I don't do this every day, I don't have to. But I also don't mind taking 10 minutes to see what I can dig up. A few months ago, I found out about the jewelry/scales stuff.

People were pricing their dragon jewelry for 6p and less, which didn't make sense. That's when I discovered the dead fruit that was plaguing the marketplace. I bought up the in demand items for 5-6p, and resold them for 15p, 10p, 8p, depending on the demand. These are fair prices! Even if 15p is high for a dragon loot item, people will often pay for convenience - that's their choice.

The sidi situation is a similar story. The truth is, its a pain in the ass just to run out to Caer Sidi to turn in souls, let alone to farm the souls. And quite honestly, its much harder to do now that you can't camp Sidi like you used to. The point is, these items are still in high demand, and they are a lot tougher to farm than scales or dragon loot. Their fair market value should reflect this.

The truth is, I have no desire to "corner the market." In fact, I don't think I can, even if I spent a Mith. I could buy it all, sure. But as long as both ignorant farmers and dead fruit exist in the market, I'd be in a perpetual buying phase - always buying up the cheap items, but never being able to compete myself with the low prices!

That's not to say there aren't other ways to corner some markets, there are. But I have no interest in it. I'd rather see everyone getting fair market value for their items. I make money on the guys who try to undercut the FMV. I'm happy making 5-10p a week in as little as 5 minutes of work.

Do I want to sell my stash? Absolutely. Do I want to make more money, not less money? Absolutely. Do I want to charge retarded prices? Absolutely not. I don't need to. How about a fair market price? Any old archer in a craptastic template can farm scales. But take that archer to Caer Sidi to farm souls, and you won't get one.

My point in explaining all of this is twofold: One, Im not out to gouge anyone. I find good deals and try to turn a buck. But I don't seek to gouge, or charge inflated prices. Second, is that I am being a bit altruistic - in other words, I am sincere in my efforts to bring this to people's attention. Its a true win-win.




EuphoricAnguish posted:

Nice attempt at defending your motives, but it's pretty transparent. If you bought them at the typical price they are at now, and wish to resell them at a profit, you have to convince people they're worth more than what you bought them for or you won't make a profit.



Edit: I can see why you might think that, but you don't quite grasp how it works. Im operating at a net profit. I don't need to sell anything. I mentioned the examples above because I am no longer in those markets. Not gonna give away all my secrets, but I will explain this.

I don't buy all Sidi stuff at once. I find the one that only has 2 real -non-dead- listings. They're usually 7p or less. I buy them out. I'm now invested 14p. But I list one for 25p. It sells within a few days, because its the only real listing, and now Im up +11p. Within a couple more days, the second one sells, and now I've made 36p in about 10 minutes of work. You can imagine, with numbers like these, I can buy up more vests, and still be working at a large profit! So it's not that I need to fool people into believing something - I'm just trying to educate people so they can get their fair market value, and that helps me too. Again, that's what we call a true win-win.

 

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Vyxar  2 stars
Title: Arbiter Elegantiarum
Posts: 329
Registered: 2002-3-13 04:54:08
Morgash posted:

EuphoricAnguish posted:

but don't pretend your motivations are altruistic, they're based on good old-fashioned greed and personal gain.

Nothing wrong with that.



Actually, I disagree. There is something wrong with that. For your sake, I'll explain this a bit differently.
I do not farm these items. I do not like to farm. I discovered ways to make 5-10p in 5 minutes or less, by surfing the market explorer. Over time, I perfected my methods, and now can usually net about 30-50p in less than 20 minutes by checking over a small list of items I am always watching for on the ME.

Let me give you a semi-recent example.
reforming essences. Not too long ago, there were two CMs selling about 20 stacks of 25 reforming essences for 10p each. That's a steal, I'll tell you right now. I bought every stack, and sold them at the fair market value of 750g for each pink bubble. It took about 3 weeks to sell out, but I made 150p.

I didn't rip anyone off.

Back before they nerfed the bonus level on RoG items, I did a similar thing but instead of re-selling the orbs, I bought them continually on average for about 500-600g - the houses I was buying from kept restocking them at the same price - then I turned them in for super RoG items one at a time. I filled two CM's with nothing but RoG gear priced between 1p and 15p. There were a couple outstanding ones that sold for 45p. This would end up being the second biggest plat pull of my daoc treasure hunting career, as I ended up getting about 2.1p value per orb when it was all said and done.

Once again, I didn't rip anyone off. I simply tapped into a niche that wanted high bonus RoG gear.

It's just easier in my opinion, to spend a few minutes finding opportunities on the ME, than it is to actually load up my bot account and go farm stuff. I don't do this every day, I don't have to. But I also don't mind taking 10 minutes to see what I can dig up. A few months ago, I found out about the jewelry/scales stuff.

People were pricing their dragon jewelry for 6p and less, which didn't make sense. That's when I discovered the dead fruit that was plaguing the marketplace. I bought up the in demand items for 5-6p, and resold them for 15p, 10p, 8p, depending on the demand. These are fair prices! Even if 15p is high for a dragon loot item, people will often pay for convenience - that's their choice.

The sidi situation is a similar story. The truth is, its a pain in the ass just to run out to Caer Sidi to turn in souls, let alone to farm the souls. And quite honestly, its much harder to do now that you can't camp Sidi like you used to. The point is, these items are still in high demand, and they are a lot tougher to farm than scales or dragon loot. Their fair market value should reflect this.

The truth is, I have no desire to "corner the market." In fact, I don't think I can, even if I spent a Mith. I could buy it all, sure. But as long as both ignorant farmers and dead fruit exist in the market, I'd be in a perpetual buying phase - always buying up the cheap items, but never being able to compete myself with the low prices!

That's not to say there aren't other ways to corner some markets, there are. But I have no interest in it. I'd rather see everyone getting fair market value for their items. I make money on the guys who try to undercut the FMV. I'm happy making 5-10p a week in as little as 5 minutes of work.

Do I want to sell my stash? Absolutely. Do I want to make more money, not less money? Absolutely. Do I want to charge retarded prices? Absolutely not. I don't need to. How about a fair market price? Any old archer in a craptastic template can farm scales. But take that archer to Caer Sidi to farm souls, and you won't get one.

My point in explaining all of this is twofold: One, Im not out to gouge anyone. I find good deals and try to turn a buck. But I don't seek to gouge, or charge inflated prices. Second, is that I am being a bit altruistic - in other words, I am sincere in my efforts to bring this to people's attention. Its a true win-win.





And that kids is an how a sales/con man operates. Notice all the big bold letters telling you how good a person he is, how nice he is, how great he is, how is ass smells like a rose and then quietly in passing mentions that he's just going to making a little money -which is going to magically appear out of thin air err well if right out of your pocket counts.

The notion that items should cost more is silly. Each day people farm these same items in mechanical and organized fashion. And seemingly each day there are fewer and fewer players left. Supply up demand down. Sound familiar? Anything that is routinely farmed is going to drop in price to the point that it sells. The "farmer" has already done the work and if they are willing to part with the goods and keep doing it they are making as much as they need -albeit without the spiel about how altruistic they are or how they aren't trying to gouge anyone. And the consumer got it for a low price. That's the win/win. Their model is efficiency in delivering product. In general it's better and beats the one you are trying to promote every time whether we are talking about virtual jewelry or tomatoes fresh off the vine.

 

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Vyxar
Master Eldritch
Shadow Legacy
12,11,11,11,10,10,10,9,8,7,7,7,6,6,6,6,5 etc...
Marubaloobalah - "Mediocre people that don't know they are mediocre are like the homosexual to your hate crime."
Vynnstorm
Posts: 28
Registered: 2005-4-22 02:42:59
I tought that my house was going to get repossessed after 3 months, even if i left hundreds of plats on the cm.

ps: assuming the acc is closed ofc.

 

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Sold - Camperstrike Inf Gareth
Morgash  1 star
Posts: 141
Registered: 2003-1-28 20:53:00
Vyxar posted:

And that kids is an how a sales/con man operates. Notice all the big bold letters telling you how good a person he is, how nice he is, how great he is, how is ass smells like a rose and then quietly in passing mentions that he's just going to making a little money -which is going to magically appear out of thin air err well if right out of your pocket counts.

The notion that items should cost more is silly. Each day people farm these same items in mechanical and organized fashion. And seemingly each day there are fewer and fewer players left. Supply up demand down. Sound familiar? Anything that is routinely farmed is going to drop in price to the point that it sells. The "farmer" has already done the work and if they are willing to part with the goods and keep doing it they are making as much as they need -albeit without the spiel about how altruistic they are or how they aren't trying to gouge anyone. And the consumer got it for a low price. That's the win/win. Their model is efficiency in delivering product. In general it's better and beats the one you are trying to promote every time whether we are talking about virtual jewelry or tomatoes fresh off the vine.



And that kids, is the definition of a cynical person. Notice how his cynicism completely blinds him to the FACTS of my statements, particularly, that he completely ignores the FACT that there are multiple listings with low prices that are un-purchasable - influencing today's real player farmers into undervaluing their items. If you eliminate this one simple fact, (Which is what my whole friggin point is based on), then the mechanics are working as intended.


Vynnstorm posted:

I tought that my house was going to get repossessed after 3 months, even if i left hundreds of plats on the cm.

ps: assuming the acc is closed ofc.



<This is true in all cases but one>

 

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OldFriar
Posts: 27
Registered: 2005-3-23 06:29:07
Mythic needs to fix the problems.

If they can fix the merchant limit in some way - it would be ideal. If they can't fix the limit, they should deactivate the merchant and prevent any new sales and delist it from the merchant search as soon as it reaches a certain threshold. Maybe they could hide items on the merchant search if it's impossible to buy them. Also they should just deactivate consignment merchants of condemned houses and remove them from the search as well - the constant removal of rent from the game has meant these houses seem to last forever.

To be fair, players buying up items which are too cheap to resell them at their correct value has happened for years - it's just that certain sellers are getting confused at the dead items on the merchants.
Vyxar  2 stars
Title: Arbiter Elegantiarum
Posts: 329
Registered: 2002-3-13 04:54:08
Morgash posted:

Vyxar posted:

And that kids is an how a sales/con man operates. Notice all the big bold letters telling you how good a person he is, how nice he is, how great he is, how is ass smells like a rose and then quietly in passing mentions that he's just going to making a little money -which is going to magically appear out of thin air err well if right out of your pocket counts.

The notion that items should cost more is silly. Each day people farm these same items in mechanical and organized fashion. And seemingly each day there are fewer and fewer players left. Supply up demand down. Sound familiar? Anything that is routinely farmed is going to drop in price to the point that it sells. The "farmer" has already done the work and if they are willing to part with the goods and keep doing it they are making as much as they need -albeit without the spiel about how altruistic they are or how they aren't trying to gouge anyone. And the consumer got it for a low price. That's the win/win. Their model is efficiency in delivering product. In general it's better and beats the one you are trying to promote every time whether we are talking about virtual jewelry or tomatoes fresh off the vine.



And that kids, is the definition of a cynical person. Notice how his cynicism completely blinds him to the FACTS of my statements, particularly, that he completely ignores the FACT that there are multiple listings with low prices that are un-purchasable - influencing today's real player farmers into undervaluing their items. If you eliminate this one simple fact, (Which is what my whole friggin point is based on), then the mechanics are working as intended.


Vynnstorm posted:

I tought that my house was going to get repossessed after 3 months, even if i left hundreds of plats on the cm.

ps: assuming the acc is closed ofc.



<This is true in all cases but one>





Is being cynical supposed to be a bad thing? You keep throwing it out there like OMG YOU COULD BE PASSING UP THE OPPORTUNITY TO MAKE BAZILLIONS OF PLATS? Frankly, your "insight" or "system" or w/e you are calling it is nothing new, nothing special, and nothing but annoying vn spam.

To the other guy:

A guild house won't get repo'd due to account closure because the house isn't tied to 1 account it's tied to a guild. (Notice that people not trying to rip you off don't care if you know something and don't pretend to have some super secret system)

 

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Vyxar
Master Eldritch
Shadow Legacy
12,11,11,11,10,10,10,9,8,7,7,7,6,6,6,6,5 etc...
Marubaloobalah - "Mediocre people that don't know they are mediocre are like the homosexual to your hate crime."
Vynnstorm
Posts: 28
Registered: 2005-4-22 02:42:59
I've rarely been in a guild so i didn't know about that. Is there a way to make my personal house the guild house of my new formed guild? (in case i resub ehehe)

 

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Sold - Camperstrike Inf Gareth
Morgash  1 star
Posts: 141
Registered: 2003-1-28 20:53:00
Vyxar posted:

Is being cynical supposed to be a bad thing? You keep throwing it out there like OMG YOU COULD BE PASSING UP THE OPPORTUNITY TO MAKE BAZILLIONS OF PLATS? Frankly, your "insight" or "system" or w/e you are calling it is nothing new, nothing special, and nothing but annoying vn spam.



When it blinds you from obvious truths, yeah I consider cynicism to be a bad thing. Truth is, I'm having fun with this board. Fun with this thread. Trying to bring that "tone" to the thread. But you feel like you're some superhero sleuth, revealing my "hidden agenda" to reveal me as the very straw man you've created me to be, in spite of the fact that I've been upfront and totally transparent through out this entire thread.

When cynicism prevents you from seeing the most probable truth: that I am being a nice guy, and that I am sincere. And I do stand to make money if more people get FMV. Every criticism you've leveled at me, I already covered in my first two posts!. I made it abundantly clear Im trying to get fair market value for these items.

You're the one who has exaggerated my comments, turned me into some straw man con artist, and seemingly have taken this to a new level of emotional response. You continue to exaggerate my comments - when did I say you could make bazillions of plats? I said you could make 2x to 3x the amount youre making now - again, that's me being honest, accurate, and true to the message. Log in to the marketplace, and confirm it for yourself!

You're the one who's riding a high horse, jack. Take it down a notch. I'm not selling anything. All I've done is explain the fact that people are being fooled into selling their items for a 1/3rd of their value in many cases. Wouldn't you want to know that? I certainly would.

 

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Vyxar  2 stars
Title: Arbiter Elegantiarum
Posts: 329
Registered: 2002-3-13 04:54:08
Morgash posted:

Vyxar posted:

Is being cynical supposed to be a bad thing? You keep throwing it out there like OMG YOU COULD BE PASSING UP THE OPPORTUNITY TO MAKE BAZILLIONS OF PLATS? Frankly, your "insight" or "system" or w/e you are calling it is nothing new, nothing special, and nothing but annoying vn spam.



When it blinds you from obvious truths, yeah I consider cynicism to be a bad thing. Truth is, I'm having fun with this board. Fun with this thread. Trying to bring that "tone" to the thread. But you feel like you're some superhero sleuth, revealing my "hidden agenda" to reveal me as the very straw man you've created me to be, in spite of the fact that I've been upfront and totally transparent through out this entire thread.

When cynicism prevents you from seeing the most probable truth: that I am being a nice guy, and that I am sincere. And I do stand to make money if more people get FMV. Every criticism you've leveled at me, I already covered in my first two posts!. I made it abundantly clear Im trying to get fair market value for these items.

You're the one who has exaggerated my comments, turned me into some straw man con artist, and seemingly have taken this to a new level of emotional response. You continue to exaggerate my comments - when did I say you could make bazillions of plats? I said you could make 2x to 3x the amount youre making now - again, that's me being honest, accurate, and true to the message. Log in to the marketplace, and confirm it for yourself!

You're the one who's riding a high horse, jack. Take it down a notch. I'm not selling anything. All I've done is explain the fact that people are being fooled into selling their items for a 1/3rd of their value in many cases. Wouldn't you want to know that? I certainly would.





Chief telling me what to do just gets you a warm cup of stfu. You seem to have a strong need to be perceived as nice. I guess it helps you con people upfront or maybe you just have low self esteem. Don't know and don't care so don't flatter yourself.

If people who are taking the time to bother farming items just to sell it for plat are too ignorant to understand the price at which they are selling things they will quickly find themselves doing something else. It's a big boy world out there they can figure it out and you can go peddle Jesus or something. The rest are getting what price they are willing to accept which is just as much a FMV as whatever it is when someone is willing to buy for more than the lowest price they could get if they waited a day here or there.

 

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Vyxar
Master Eldritch
Shadow Legacy
12,11,11,11,10,10,10,9,8,7,7,7,6,6,6,6,5 etc...
Marubaloobalah - "Mediocre people that don't know they are mediocre are like the homosexual to your hate crime."
EuphoricAnguish  1 star
Posts: 79
Registered: 2003-7-14 16:18:15
Vyxar posted:

You seem to have a strong need to be perceived as nice.



No kidding.

 

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