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Author Topic: To Those Who Farm Souls/Scales/Sidi/Dragon Loots....Let me DOUBLE your Money! [Locked]
Lakobaath  1 star
Title: Camelot Vault Staff
Official CV Gopher

Posts: 143
Registered: 2008-4-3 08:39:37
the guy is greedy. End of story. He will keep arguing about it because he doesn't want the truth to be out there. It's greedy that he wants to make a bigger profit off of other people when people don't want to go out and can't go out and afford all these good items. It all comes down to greed and this guy is too blind to see that. So he will continue his argument, but, he is wrong.

 

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Errith_Kierkstak
Posts: 18
Registered: 2004-2-1 06:13:34
Lakobaath posted:

the guy is greedy. End of story. He will keep arguing about it because he doesn't want the truth to be out there. It's greedy that he wants to make a bigger profit off of other people when people don't want to go out and can't go out and afford all these good items. It all comes down to greed and this guy is too blind to see that. So he will continue his argument, but, he is wrong.



It's called making money. It's his way of farming. Almost every item available today is available to drop from mobs or quests. You don't have to BUY every item. He can sell whatever he wants. If someone buys it, that's the market value. If we're talking items like Halloween hats or Springtime Folly bracers, where those items are NOT available unless you go buy it from a player, and he wanted to corner the market or intentionally drive up the costs artificially by getting anyone selling them to raise their prices, then you have collusion. But that's not what we're talking about. A lot of you need to open your eyes and wake up to the big lie that profit is greed. The market is dictated by the consumer, not the seller. The exceptions are cartels (think oil) and monopolies (think energy). Neither of those are present in DAOC.

 

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Resubbed and looking for a more permanent home.
PS. Maulers are gimp, no matter what the realm.
Why have I not tried a sorc before?
Lakobaath  1 star
Title: Camelot Vault Staff
Official CV Gopher

Posts: 143
Registered: 2008-4-3 08:39:37
It is called Greed, I don't care how you seem it. It is greed if you are trying to get more out of an item after you paid the lower price for the item. You are buying from the market at the low price, so you can boost the sale of the item back up. that is greed. If you cant see it, you are ignorant as well. Freaking idiots can't see it at all.

 

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Currently Playing: Lakko 8L8 Ranger, 4L2 Eld, RR7L0 Bard, RR2L5 Hero, RR4L2 Animist.
Most Lako names are me. Mostly stealth zerging
~Stealth Zerging near you~
AngharadMacsen  1 star
Posts: 155
Registered: 2003-3-11 08:41:31
Errith_Kierkstak posted:

Lakobaath posted:

the guy is greedy. End of story. He will keep arguing about it because he doesn't want the truth to be out there. It's greedy that he wants to make a bigger profit off of other people when people don't want to go out and can't go out and afford all these good items. It all comes down to greed and this guy is too blind to see that. So he will continue his argument, but, he is wrong.



It's called making money. It's his way of farming. Almost every item available today is available to drop from mobs or quests. You don't have to BUY every item. He can sell whatever he wants. If someone buys it, that's the market value. If we're talking items like Halloween hats or Springtime Folly bracers, where those items are NOT available unless you go buy it from a player, and he wanted to corner the market or intentionally drive up the costs artificially by getting anyone selling them to raise their prices, then you have collusion. But that's not what we're talking about. A lot of you need to open your eyes and wake up to the big lie that profit is greed. The market is dictated by the consumer, not the seller. The exceptions are cartels (think oil) and monopolies (think energy). Neither of those are present in DAOC.



It should be noted that he's encouraging people to increase their prices to match his (which would fit the definition of collusion), and he's buying up low-priced goods to force the market higher (which would fit the definition of monopolistic practices).

Is there anything wrong with making a profit? Nope, I do it every time I SC for someone (with the exception of level 24- gear, where I do it for free). And every time I sell a potion. But buying up low-priced goods, THEN trying to convince other people to raise their prices (thus allowing him to sell the goods he bought low at high prices) is the kind of thing that results in federal investigations (EDIT: in the Real World (tm))....

 

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Angharad Macsen, Legendary Smith
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ckgreed  1 star
Posts: 99
Registered: 2005-11-28 14:39:22
AngharadMacsen posted:

Errith_Kierkstak posted:

Lakobaath posted:

the guy is greedy. End of story. He will keep arguing about it because he doesn't want the truth to be out there. It's greedy that he wants to make a bigger profit off of other people when people don't want to go out and can't go out and afford all these good items. It all comes down to greed and this guy is too blind to see that. So he will continue his argument, but, he is wrong.



It's called making money. It's his way of farming. Almost every item available today is available to drop from mobs or quests. You don't have to BUY every item. He can sell whatever he wants. If someone buys it, that's the market value. If we're talking items like Halloween hats or Springtime Folly bracers, where those items are NOT available unless you go buy it from a player, and he wanted to corner the market or intentionally drive up the costs artificially by getting anyone selling them to raise their prices, then you have collusion. But that's not what we're talking about. A lot of you need to open your eyes and wake up to the big lie that profit is greed. The market is dictated by the consumer, not the seller. The exceptions are cartels (think oil) and monopolies (think energy). Neither of those are present in DAOC.



It should be noted that he's encouraging people to increase their prices to match his (which would fit the definition of collusion), and he's buying up low-priced goods to force the market higher (which would fit the definition of monopolistic practices).

Is there anything wrong with making a profit? Nope, I do it every time I SC for someone (with the exception of level 24- gear, where I do it for free). And every time I sell a potion. But buying up low-priced goods, THEN trying to convince other people to raise their prices (thus allowing him to sell the goods he bought low at high prices) is the kind of thing that results in federal investigations (EDIT: in the Real World (tm))....



still not a good analogy. in game there are vendors that perpetually have gear at a certain price, when in reality you can't even buy from those vendors because they have too much platinum on them. the OP is simply stating for people to be aware of that and not to use those vendors as a guide to pricing their own gear. if people aren't aware of this and price their goods lower than those vendors, there's no room for the prices to ever rise as they probably would, if people really buy those same items for considerably higher when he reprices them.

even in his post, he's not colluding with potential people having expensive items priced cheaply. he's telling them that they're not making as much profit as they could be. he's more than likely already bought all the low priced items on the vendors... it's more for people putting items for sale in the future, telling them that they could be making the profit by asking more for the gear than pricing it cheaply, letting him buy it and make the profit himself. if people listen to what he's saying, he actually stands to lose his way of making money.

 

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Errith_Kierkstak
Posts: 18
Registered: 2004-2-1 06:13:34
It's not collusion or a monopoly because these items exist outside the market. It's like drilling for your own oil instead of buying it from someone else. And it doesn't matter what price he lists it as. If no one buys it for that price, he's forced to lower the price at some point.

Any of you ever buy something for 40 plat, or even 80 plat, or higher? If so, then you set the market that high. An item is only worth what someone is willing to pay for it. End of story. Again, if it was an item that is no longer available in the game, and he was colluding with owners of said items to set the price, I can see your point. But that's not the case. Most every item in game is available if you are willing to get it yourself, and you don't have to buy anything. But if you DO buy something, realize you are setting the value of it, not the seller.

 

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Resubbed and looking for a more permanent home.
PS. Maulers are gimp, no matter what the realm.
Why have I not tried a sorc before?
Lakobaath  1 star
Title: Camelot Vault Staff
Official CV Gopher

Posts: 143
Registered: 2008-4-3 08:39:37
[moderated for baiting] There is a Merchant to buy all of this Caer Sidi gear. The items to buy those items, do end up on merchants. But, people will sell those currencies, for cheap. Like for instance, 7p for 1000 seals. On a dragon merchant. Sell an item for 10p and its a rip off. Think its worth more than 10p? Nothx.

 

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Currently Playing: Lakko 8L8 Ranger, 4L2 Eld, RR7L0 Bard, RR2L5 Hero, RR4L2 Animist.
Most Lako names are me. Mostly stealth zerging
~Stealth Zerging near you~
ArkadyTepes  3 stars
Posts: 510
Registered: 2004-1-10 11:08:57
Lakobaath posted:

[moderated for baiting]. There is a Merchant to buy all of this Caer Sidi gear. The items to buy those items, do end up on merchants. But, people will sell those currencies, for cheap. Like for instance, 7p for 1000 seals. On a dragon merchant. Sell an item for 10p and its a rip off. Think its worth more than 10p? Nothx.



umm... okay i havent played in forever.... are you saying the items he wants to raise the price on, are available on a set value from npc merchants now?

 

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ckgreed  1 star
Posts: 99
Registered: 2005-11-28 14:39:22
ArkadyTepes posted:

Lakobaath posted:

[moderated for baiting]. There is a Merchant to buy all of this Caer Sidi gear. The items to buy those items, do end up on merchants. But, people will sell those currencies, for cheap. Like for instance, 7p for 1000 seals. On a dragon merchant. Sell an item for 10p and its a rip off. Think its worth more than 10p? Nothx.



umm... okay i havent played in forever.... are you saying the items he wants to raise the price on, are available on a set value from npc merchants now?



Regardless, the market price isn't being accurately set because there are items showing up in searches that can't be purchased. The problems this causes affect all items sold, not just ones purchasable with scales/souls/whatever. So just because he mentions Sidi loot doesn't mean he only buys and resells Sidi loot. FFS.

Just because Lakobaath doesn't want to spend 10 plat for the item without going through the hassle of tracking down the scales and finding which vendor in whatever zone doesn't mean that someone else won't.

 

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past games: the realm‡uo‡ac‡ao‡daoc‡coh‡eq2‡wh‡rift
ArkadyTepes  3 stars
Posts: 510
Registered: 2004-1-10 11:08:57
ckgreed posted:

ArkadyTepes posted:

Lakobaath posted:

[moderated for baiting]. There is a Merchant to buy all of this Caer Sidi gear. The items to buy those items, do end up on merchants. But, people will sell those currencies, for cheap. Like for instance, 7p for 1000 seals. On a dragon merchant. Sell an item for 10p and its a rip off. Think its worth more than 10p? Nothx.



umm... okay i havent played in forever.... are you saying the items he wants to raise the price on, are available on a set value from npc merchants now?



Regardless, the market price isn't being accurately set because there are items showing up in searches that can't be purchased. The problems this causes affect all items sold, not just ones purchasable with scales/souls/whatever. So just because he mentions Sidi loot doesn't mean he only buys and resells Sidi loot. FFS.

Just because Lakobaath doesn't want to spend 10 plat for the item without going through the hassle of tracking down the scales and finding which vendor in whatever zone doesn't mean that someone else won't.



if the items are available on a npc merchant, then the value of the item is pre-defined by the price of the currency used to purchase the items, not by what the players want to charge for them...

 

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