ArkadyTepes posted:
yes you are greedy...
when i played, if i had an item, and someone mentioned they needed it.. i'd go fetch it and give it to them... for free... because i believed in helping my side to win the battle, over my own personal greed.
You are assuming I am not generous with my game property.
and its selfish and greedy people that have killed realm pride in the game... people look at there own realm mates as enemies who will steal there ARPEES not as comrades in arms.
Desiring fair market value for an item is not selfish or greedy. The rest of this comment is irrelevant to the discussion and is a separate issue that I both understand and heartily agree with.
and price gouging other players just makes it harder for new or returning characters from getting out and competing.
/sigh, once again, no one is gouging anyone. You, and others in this thread persist in taking these large leaps of reasoning. How is fair market value a gouge? I'm willing to take the risk of prices rising and falling; how about you?
alot of the posts on this board are bitching that prices are too high... then you post a thread saying prices need to be higher...its completely retarded to think this post would have had a positive response.
This is a matter of perspective. This thread has gotten a lot of attention, which I consider a good thing. Also, the people who complain about prices aren't talking about sidi/souls/scales/dragon loot, are they? They're most likely complaining about ML10 items. Re-read this post title for context.
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.
Tell me of this truth you think I'm trying to hide. You are assuming people can't afford things. I say stop assuming and let the market decide what people are willing to pay. I just want sellers to realize they're competing on price with phantom loot.
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. [moderated for baiting]
You ok? You seem to be getting all red...
Errith_Kierkstak posted:
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.
This guy gets it!
AngharadMacsen posted:
It should be noted that he's encouraging people to increase their prices to match his [False – I merely stated what I believe the *real FMV* would be if not for phantom loot](which would fit the definition of collusion), and he's buying up low-priced goods [True] to force the market higher [False](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))....
You mischaracterize what I'm actually doing - see my previous explanations. The purpose of posting here was an attempt at educating those who don't know they are competing with phantom prices. If the fair market price ends up higher, which I believe it will, I stand to make a handsome profit. If it remains the same or goes lower, so be it.
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.
Back up, I think he's gonna blow!
ckgreed posted:
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.
Thank you for understanding the core of the issue!
Lakobaath posted:
Freaking greed. That is all there is to it. You guys are probably ones that do this as well so you can get a bigger profit out of it. [moderated for baiting]
BOOOM!
ArkadyTepes posted:
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...
Yes and no. Because these items can still be farmed outside the npc, and were for a long time, bringing their value down. That's fine, its how the market is supposed to work. But some of these inactive overseas industrial gamers houses are full on cash, and their houses will never disappear – so current prices, which should be approx 7.5p to 9.375p (based on scales @15g), are being set at 5p-6p, “forcing†un-educated sellers to price their wares competitively at a relative “loss.â€
wich means, the items on the dragon scale/bp/whatever merchants have a set value, the value of the scales/bp/whatever...
so when trying to figure out price of item X you just multiply it by the value of currency Y's value
That's how it should work.
ckgreed posted:
And that currency's price is artificially low because of the big huge glaring elephant in the room of an issue which the OP presented.
In one sentence, this 
-----signature-----
Preparing For Impending Hyper-Inflation
Coming to a realm near you
E > P+DAOC
