Market control on Precursors

Market control on Precursors

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Posted by: Geopap.1725

Geopap.1725

Dusk:800g, Available : 4. Really? That means they can even sell these 4 for 3000g-4000g anytime they feel like. This is 100% Market controled item. I play mmorgps for years and years,first time I see this on such an important item-aspect of an mmorpg. I wanna hear other opinions too. Cheers~.

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Posted by: hoewhoew.4619

hoewhoew.4619

You are totaly right, there are a few players who just buy all the precursors and then they sell them at a higher price.
I know one of those players and on this way, he makes 5000 G a week O.o

Guardians of the Silver Dragons – Piken Square

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Posted by: Ursan.7846

Ursan.7846

Go to the BLT subforums. There’s lots of good discussion and real data from John Smith itself that shows you why monopolies, even on precursors, is not possible.

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Posted by: Geopap.1725

Geopap.1725

Ursan monopolies maybe not….but oligopoly from like 100 ppl (500 can be a guild) is not a very much surprising number assuming only 4 are available? Correct me if I’m wrong but its the same thing.

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Posted by: Ursan.7846

Ursan.7846

Ursan monopolies maybe not….but oligopoly from like 100 ppl (500 can be a guild) is not a very much surprising number assuming only 4 are available? Correct me if I’m wrong but its the same thing.

Well, again, I’ll point you to the BLT subforums the the basic gist is this.

Sell orders =/= supply. Sell orders you see listed are just that. Failed sell orders.

In order to properly flip precursors, you have to overcome a 15% tax. Dusk, I believe has a 520 buy order? And a 600 sell order? (I think). So you need to sell it for 613G to break EVEN.

John Smith, the Anet economist, has told us that 30 dusk has sold to unique buyers in a 72 hour span. That’s 10 dusks a day.

So there’s a lot of transactions going on, which is why I say it’s near impossible to monopolize the market.

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Posted by: Geopap.1725

Geopap.1725

Well again Im talking about oligopolyze and not monopolyze

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Posted by: sostronk.8167

sostronk.8167

I bought “The Legend” for 480gold, then decided I didn’t want a legendary. Held onto it until I sold it for 640g. You might say I made a big profit from it, but I didn’t. Of the 160 gold increase, 96gold went to Anet via the 15% tax. Anet made more from this trade than me. It is Anet that is driving up the price on precursors.

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Posted by: BurnedToast.3781

BurnedToast.3781

First – how is it an important item? It’s 100% cosmetic, it’s a luxury item and it’s supposed to be incredibly rare. Not everyone is supposed to be able to get legendaries.

Second – I want you to think for a minute what you think is a “fair” price. Ok? Now, check the AH and see how many hundreds (thousands?) of orders there are for that price or higher. There’s 4 to go around, if they lowered the price so that you could afford it, it would be gone in an instant and you wouldn’t get it anyway.

Look – I agree Anet needs to make precursors more common, the current RNG method of getting them is dumb. But given that they ARE random, and they ARE rare, and they are in HUGE demand…. the current prices are to be expected, and don’t think it’s going to change any time soon because the only real way for most people to get 800g is to buy gems to turn into gold, and Anet LOVES it when people do that because it’s free money for them. They have every incentive to keep precursors super rare.

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Posted by: Ursan.7846

Ursan.7846

Well again Im talking about oligopolyze and not monopolyze

The size doesn’t matter. These people have to make money somehow. Also there’s no such word as “oglipolyze.” A monopoly is a monopoly. The number of individuals involved does not matter.

Monopolies are when an entity controls entire supply chain, and controls prices because they have no competition. It’s impossible in this game to monopolize a supply since anyone can luck into a precursor. So in order to “monopolize” precursors, they have to buy out these precursors and re-list them for higher prices.

But flipping precursors like this isn’t very profitable, because of the 15% fee. Look at the spidy chart for Dusk. Since the beginning of feburary, it’s been mostly flat. The buy order at the beginning of febuary is around 600G. The lowest sell listing now is 680G.

If you bought a Dusk back then through a buy order for 600G, you need to sell it at 700G to BREAK EVEN. You can’t even break even, even after 2/3rds of a month gone by. It isn’t profitable at all. So I highly doubt people flip precursors. And I highly doubt there’s monopolies that exist on precursors.

(edited by Ursan.7846)

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Posted by: Rollingonit.1309

Rollingonit.1309

Nothing new. Happens in alot of games with an AH. Smart people will get the jump early on game release. Farm the funds they need, however so, then play the AH game. Which is markup rare/sought after items.

While somtimes I find it quite ridiculous, it is to be expected.

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Posted by: Geopap.1725

Geopap.1725

First of all : http://en.wikipedia.org/wiki/Oligopoly. Secondly you miss the point when you only think of in-game gold only. If they manage to make an oligopoly around dusks they can sell them around the net for real money…and they do,tons of them. You dont see beyond the wall dude,making in-game gold is not something really worth making an oligopoly around precursors,yes I agree there with you,BUT you can make tons of real money by being the one who controls them even if you dont make in game money.

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Posted by: thisolderhead.5127

thisolderhead.5127

TP is still an open game, that is you can reasonably (by my standards / opinion) enter the market and potentially gain a good amount of “control” or share…

Precursor market is skewed, see my previous RMT comments, you can both pay the devs and shortcut/enhance your hunting and gaming, or you can be poor and grind.

Feeling bad due to my response does not mean it was a personal attack.
It may just be that your original statement was wrong.
Please try again.

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Posted by: Ursan.7846

Ursan.7846

I’m confused now.

So you’re saying they’re selling precursors for real money? This is not what you said in your original post.

Dusk:800g, Available : 4. Really? That means they can even sell these 4 for 3000g-4000g anytime they feel like. This is 100% Market controled item.

And I explained why this isn’t likely. Gold sellers are an entirely different topic.

By the way, I’d love it if you show me data that proves “many dusks sell for real money.” Do you work for one of them?

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Posted by: Iures.2894

Iures.2894

If you bought a Dusk back then through a buy order for 600G, you need to sell it at 700G to BREAK EVEN. You can’t even break even, even after 2/3rds of a month gone by. It isn’t profitable at all. So I highly doubt people flip precursors. And I highly doubt there’s monopolies that exist on precursors.

Minor correction: selling at 700g would actually cause you to lose 5g, as the 15% tax on a 700g sale is 105g. Point still stands, though.

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Posted by: Smooth Penguin.5294

Smooth Penguin.5294

Yet another thread on either Speculations or Conspiracies or Manipulation. If this were a drinking game, I’d be under the table already.

In GW2, Trading Post plays you!

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Posted by: Geopap.1725

Geopap.1725

@Ursan: Type at google “wtb dusk for real money” It says: Almost 6060 matches.Also search a bit black market forums and you will see theres a LOT of movement.That means even ANET doesn’t make (lots) of money out of this. To buy gems as you say and turn them into 800g you need…let me calculate for you 1400e!!! since 50e/4000 gems 4000 gems=~28g you need to buy x28 times the 4000gems pack now let me show you some magic. 28 g per 50e(4000gems) x28=~768 g THE EXACT DUSK price. Ofc Anet makes money out this BUT there are LOTS of other ppl making money out this. Cause the average dusk black market price is 80-100 euros. SO Anet maybe gets gems for 1/100 dusks being sold. Thats my theory. They are doing wrong. Plus since its indeed a luxury item,why isnt it at the gem shop luxury section BurnedToast?

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Posted by: Ursan.7846

Ursan.7846

^I’m not going to do your research for you. You have the burden of proving your statement.

Regardless, this is irrelevant. I can certainly believe it, but again, it has NOTHING to do with monopolies that you talk about in your original topic.

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Posted by: Smooth Penguin.5294

Smooth Penguin.5294

@Ursan: Type at google “wtb dusk for real money” It says: Almost 6060 matches.Also search a bit black market forums and you will see theres a LOT of movement.That means even ANET doesn’t make (lots) of money out of this. To buy gems as you say and turn them into 800g you need…let me calculate for you 1400e!!! since 50e/4000 gems 4000 gems=~28g you need to buy x28 times the 4000gems pack now let me show you some magic. 28 g per 50e(4000gems) x28=~768 g THE EXACT DUSK price. Ofc Anet makes money out this BUT there are LOTS of other ppl making money out this. Cause the average dusk black market price is 80-100 euros. SO Anet maybe gets gems for 1/100 dusks being sold. Thats my theory. They are doing wrong. Plus since its indeed a luxury item,why isnt it at the gem shop luxury section BurnedToast?

Perhaps Anet should be paying close attention to your account, seeing as how you frequent RMT websites?

Say you purchase from an RMT site, and all of a sudden, you get a Dusk mailed to you. What are the chances that Anet isn’t paying attention to the movement of luxory items? And how quickly will they permaban your account?

In GW2, Trading Post plays you!

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Posted by: Geopap.1725

Geopap.1725

@Ursan: Type at google “wtb dusk for real money” It says: Almost 6060 matches.Also search a bit black market forums and you will see theres a LOT of movement.That means even ANET doesn’t make (lots) of money out of this. To buy gems as you say and turn them into 800g you need…let me calculate for you 1400e!!! since 50e/4000 gems 4000 gems=~28g you need to buy x28 times the 4000gems pack now let me show you some magic. 28 g per 50e(4000gems) x28=~768 g THE EXACT DUSK price. Ofc Anet makes money out this BUT there are LOTS of other ppl making money out this. Cause the average dusk black market price is 80-100 euros. SO Anet maybe gets gems for 1/100 dusks being sold. Thats my theory. They are doing wrong. Plus since its indeed a luxury item,why isnt it at the gem shop luxury section BurnedToast?

Perhaps Anet should be paying close attention to your account, seeing as how you frequent RMT websites?

Say you purchase from an RMT site, and all of a sudden, you get a Dusk mailed to you. What are the chances that Anet isn’t paying attention to the movement of luxory items? And how quickly will they permaban your account?

Dont think its possible to ban me for that reason. I got a friend who quit the game,has all gifts ready for meteorologicus i think and 150g flat on his acc (he was gathering for the precursor) and I might create it If he gives me the acc and mail it to my account,How is that bannable?Don’t think they can track and ban for any reason except tons of gold.And still i farm with my friend’s warrior cof every day and send almost 14g and 20-30 ectos to me,does that mean they can ban me for that?Lol.

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Posted by: Essence Snow.3194

Essence Snow.3194

Sharing accounts, I’m pretty sure is a violation of the eula and thus banable.

Serenity now~Insanity later

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Posted by: Smooth Penguin.5294

Smooth Penguin.5294

@Ursan: Type at google “wtb dusk for real money” It says: Almost 6060 matches.Also search a bit black market forums and you will see theres a LOT of movement.That means even ANET doesn’t make (lots) of money out of this. To buy gems as you say and turn them into 800g you need…let me calculate for you 1400e!!! since 50e/4000 gems 4000 gems=~28g you need to buy x28 times the 4000gems pack now let me show you some magic. 28 g per 50e(4000gems) x28=~768 g THE EXACT DUSK price. Ofc Anet makes money out this BUT there are LOTS of other ppl making money out this. Cause the average dusk black market price is 80-100 euros. SO Anet maybe gets gems for 1/100 dusks being sold. Thats my theory. They are doing wrong. Plus since its indeed a luxury item,why isnt it at the gem shop luxury section BurnedToast?

Perhaps Anet should be paying close attention to your account, seeing as how you frequent RMT websites?

Say you purchase from an RMT site, and all of a sudden, you get a Dusk mailed to you. What are the chances that Anet isn’t paying attention to the movement of luxory items? And how quickly will they permaban your account?

Dont think its possible to ban me for that reason. I got a friend who quit the game,has all gifts ready for meteorologicus i think and 150g flat on his acc (he was gathering for the precursor) and I might create it If he gives me the acc and mail it to my account,How is that bannable?Don’t think they can track and ban for any reason except tons of gold.And still i farm with my friend’s warrior cof every day and send almost 14g and 20-30 ectos to me,does that mean they can ban me for that?Lol.

Don’t put it past Anet. None of us knows the extent of their control processes. Remember, they have a team dedicated to finding and terminating people that break rules. Especially those who purchase from RMT companies. But hey, it’s your choice.

In GW2, Trading Post plays you!

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Posted by: Geopap.1725

Geopap.1725

Sharing accounts, I’m pretty sure is a violation of the eula and thus banable.

Why can you mail items then?Plus someone can do it through guild banks-easymode.

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Posted by: Ursan.7846

Ursan.7846

Although this talk of gold sellers and RMT companies is fascinating, it’s completely off topic and has no relation to the OP’s original post.

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Posted by: Geopap.1725

Geopap.1725

@Ursan: Type at google “wtb dusk for real money” It says: Almost 6060 matches.Also search a bit black market forums and you will see theres a LOT of movement.That means even ANET doesn’t make (lots) of money out of this. To buy gems as you say and turn them into 800g you need…let me calculate for you 1400e!!! since 50e/4000 gems 4000 gems=~28g you need to buy x28 times the 4000gems pack now let me show you some magic. 28 g per 50e(4000gems) x28=~768 g THE EXACT DUSK price. Ofc Anet makes money out this BUT there are LOTS of other ppl making money out this. Cause the average dusk black market price is 80-100 euros. SO Anet maybe gets gems for 1/100 dusks being sold. Thats my theory. They are doing wrong. Plus since its indeed a luxury item,why isnt it at the gem shop luxury section BurnedToast?

Perhaps Anet should be paying close attention to your account, seeing as how you frequent RMT websites?

Say you purchase from an RMT site, and all of a sudden, you get a Dusk mailed to you. What are the chances that Anet isn’t paying attention to the movement of luxory items? And how quickly will they permaban your account?

Dont think its possible to ban me for that reason. I got a friend who quit the game,has all gifts ready for meteorologicus i think and 150g flat on his acc (he was gathering for the precursor) and I might create it If he gives me the acc and mail it to my account,How is that bannable?Don’t think they can track and ban for any reason except tons of gold.And still i farm with my friend’s warrior cof every day and send almost 14g and 20-30 ectos to me,does that mean they can ban me for that?Lol.

Don’t put it past Anet. None of us knows the extent of their control processes. Remember, they have a team dedicated to finding and terminating people that break rules. Especially those who purchase from RMT companies. But hey, it’s your choice.

For the note,I didnt say I will buy one,I won’t give even a screenshot of a single euro to buy an item for a game which I already paid to play lol. We just discuss about the fact that precursors are being controled thats all.

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Posted by: Smooth Penguin.5294

Smooth Penguin.5294

@Ursan: Type at google “wtb dusk for real money” It says: Almost 6060 matches.Also search a bit black market forums and you will see theres a LOT of movement.That means even ANET doesn’t make (lots) of money out of this. To buy gems as you say and turn them into 800g you need…let me calculate for you 1400e!!! since 50e/4000 gems 4000 gems=~28g you need to buy x28 times the 4000gems pack now let me show you some magic. 28 g per 50e(4000gems) x28=~768 g THE EXACT DUSK price. Ofc Anet makes money out this BUT there are LOTS of other ppl making money out this. Cause the average dusk black market price is 80-100 euros. SO Anet maybe gets gems for 1/100 dusks being sold. Thats my theory. They are doing wrong. Plus since its indeed a luxury item,why isnt it at the gem shop luxury section BurnedToast?

Perhaps Anet should be paying close attention to your account, seeing as how you frequent RMT websites?

Say you purchase from an RMT site, and all of a sudden, you get a Dusk mailed to you. What are the chances that Anet isn’t paying attention to the movement of luxory items? And how quickly will they permaban your account?

Dont think its possible to ban me for that reason. I got a friend who quit the game,has all gifts ready for meteorologicus i think and 150g flat on his acc (he was gathering for the precursor) and I might create it If he gives me the acc and mail it to my account,How is that bannable?Don’t think they can track and ban for any reason except tons of gold.And still i farm with my friend’s warrior cof every day and send almost 14g and 20-30 ectos to me,does that mean they can ban me for that?Lol.

Don’t put it past Anet. None of us knows the extent of their control processes. Remember, they have a team dedicated to finding and terminating people that break rules. Especially those who purchase from RMT companies. But hey, it’s your choice.

For the note,I didnt say I will buy one,I won’t give even a screenshot of a single euro to buy an item for a game which I already paid to play lol. We just discuss about the fact that precursors are being controled thats all.

But Precursors aren’t being controlled, so that just unraveled your whole theory.

In GW2, Trading Post plays you!

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Posted by: Geopap.1725

Geopap.1725

@Ursan: Type at google “wtb dusk for real money” It says: Almost 6060 matches.Also search a bit black market forums and you will see theres a LOT of movement.That means even ANET doesn’t make (lots) of money out of this. To buy gems as you say and turn them into 800g you need…let me calculate for you 1400e!!! since 50e/4000 gems 4000 gems=~28g you need to buy x28 times the 4000gems pack now let me show you some magic. 28 g per 50e(4000gems) x28=~768 g THE EXACT DUSK price. Ofc Anet makes money out this BUT there are LOTS of other ppl making money out this. Cause the average dusk black market price is 80-100 euros. SO Anet maybe gets gems for 1/100 dusks being sold. Thats my theory. They are doing wrong. Plus since its indeed a luxury item,why isnt it at the gem shop luxury section BurnedToast?

Perhaps Anet should be paying close attention to your account, seeing as how you frequent RMT websites?

Say you purchase from an RMT site, and all of a sudden, you get a Dusk mailed to you. What are the chances that Anet isn’t paying attention to the movement of luxory items? And how quickly will they permaban your account?

Dont think its possible to ban me for that reason. I got a friend who quit the game,has all gifts ready for meteorologicus i think and 150g flat on his acc (he was gathering for the precursor) and I might create it If he gives me the acc and mail it to my account,How is that bannable?Don’t think they can track and ban for any reason except tons of gold.And still i farm with my friend’s warrior cof every day and send almost 14g and 20-30 ectos to me,does that mean they can ban me for that?Lol.

Don’t put it past Anet. None of us knows the extent of their control processes. Remember, they have a team dedicated to finding and terminating people that break rules. Especially those who purchase from RMT companies. But hey, it’s your choice.

For the note,I didnt say I will buy one,I won’t give even a screenshot of a single euro to buy an item for a game which I already paid to play lol. We just discuss about the fact that precursors are being controled thats all.

But Precursors aren’t being controlled, so that just unraveled your whole theory.

Yes,It’s a theory based on facts,and we are discussing -.-.

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Posted by: Ursan.7846

Ursan.7846

Yes,It’s a theory based on facts,and we are discussing -.-.

What facts have you presented so far?

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Posted by: Smooth Penguin.5294

Smooth Penguin.5294

Yes,It’s a theory based on facts,and we are discussing -.-.

What facts have you presented so far?

His facts are speculation and hearsay.

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Posted by: Essence Snow.3194

Essence Snow.3194

Sharing accounts, I’m pretty sure is a violation of the eula and thus banable.

Why can you mail items then?Plus someone can do it through guild banks-easymode.

I may have misunderstood you. I thought you were talking about playing on a friends, no longer played (by him), account and sending your account things.

If not my apologies. If so anet has made it clear that sharing is not allowed under “terms of service”, hence the bannable bit. (guess the spell check doesn’t recognize bannable)

Serenity now~Insanity later

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Posted by: Iures.2894

Iures.2894

Sharing accounts, I’m pretty sure is a violation of the eula and thus banable.

Why can you mail items then?Plus someone can do it through guild banks-easymode.

I may have misunderstood you. I thought you were talking about playing on a friends, no longer played (by him), account and sending your account things.

If not my apologies. If so anet has made it clear that sharing is not allowed under “terms of service”, hence the bannable bit. (guess the spell check doesn’t recognize bannable)

Nah, he definitely seems to be admitting to a bannable offense on the official forums. Rather an odd strategy, but, hey, it’s his account on the line. . .

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Posted by: Nike.2631

Nike.2631

Dusk:800g, Available : 4. Really? That means they can even sell these 4 for 3000g-4000g anytime they feel like. This is 100% Market controled item. I play mmorgps for years and years,first time I see this on such an important item-aspect of an mmorpg. I wanna hear other opinions too. Cheers~.

I take it you don’t read the Dev tracker…

30 of them have sold in the last 3 days. The 4 you see are the ones that DIDN’T sell.

Unless the uber-conspiracy can fund 6-7 THOUSAND gold per DAY for weeks at a time, uh no, its not “controlled”.

Its at a price that still sells steadily every single day, and people who are getting them from drops or the forge but don’t intend to make the legendary are sellinging them at near “the going rate” every single day.

“You keep saying ‘its unfair.’
I wonder what your basis for comparison is…”
- Jareth, King of Goblins.