Need advice on the Colossus situation

Need advice on the Colossus situation

in Black Lion Trading Co

Posted by: Dreamer.9072

Dreamer.9072

Ok, so i’m now down to the stage where the last item I need for Juggernaut is the Colossus. Yesterday the sell orders were going for 440g (there were 5) and buy orders for 360g max. So I thought I’d put in an offer of 400g, thought as that was the mid point I’d have more chance of actualy buying one. Now overnight people or a person has bought all of the Colossus (Colossi?) so that only 1 is left at 550g.
Here’s the issue, do you think this is just a coincidence? Seems unlikely to me as it’s been at 440-450g for a while now.
Now, the thing I need advice with is whether to wait with a buy order in at 400g, and hope someone’s will sell me one, which seems unlikely when they see the 150g difference, or to try for one at the MF, I believe I could have aboutn 400 tries if I make rares myself.
P.S. If it is someone manipulating the market, do you think it was brought on by me putting a buy order in for 40g over the current buy order? (which was still under the lowest sell by 40g).

Need advice on the Colossus situation

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Posted by: Nike.2631

Nike.2631

I think it likely its not about your bid.

Unless your bid is no longer the highest buy offer, just leave it in place. You know how rare they are… give it a bit to see if someone looking for an entirely different precursor scored your top choice at random and just wants their 400g to get on with chasing after their goal. The “150g difference” means NOTHING to a person who can complete their project with a shot of 400g now, rather than 550 g who-the-heck-knows-when.

Check in on it every other day or so to confirm its still the top offer, but otherwise get back to playing.

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

Need advice on the Colossus situation

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Posted by: Dreamer.9072

Dreamer.9072

The thing is that sometime in the early morning someone bid at 5g above me, and seeing as up until then the bids had been a steady 360-370g, it might have made someone think it was time to raise the price on it (as someone willing to pay 400g wasn’t a freak occurrence).

Need advice on the Colossus situation

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Posted by: CrashTestAuto.9108

CrashTestAuto.9108

It seems the scavenger hunt is a while off yet, but I’m unclear on how precursors stand regarding the rewards system. I get the impression they aren’t included. If it turns out that precursors are staying RNG for months, then prices may keep going up.

However, whilst I don’t play the mystic forge, if I were to get a drop from a dragon chest I would be looking to sell it at buy order price because the listing value isn’t worth the gamble to me… I have no interest in a legendary at the moment, and it is unlikely I’d get one of the ones I want, so if I get a precursor, its probably going to the highest bidder. I suspect this is the same for a lot of players.

Need advice on the Colossus situation

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Posted by: mosspit.8936

mosspit.8936

On the other hand, the buy orders could also be placed by the same ppl putting those same items up for sale.

Need advice on the Colossus situation

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Posted by: Vol.5241

Vol.5241

From Colin’s comments, I interpret that we will have other ways to get precursors, not including the scavenger hunt. The scavenger hunt is an entirely different beast at least 6 months down the line.

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Need advice on the Colossus situation

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Posted by: Dreamer.9072

Dreamer.9072

Has anyone here had any success with crafting multiple Colossus, and if so what are the rates you’ve had?

Need advice on the Colossus situation

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Posted by: Vol.5241

Vol.5241

Has anyone here had any success with crafting multiple Colossus, and if so what are the rates you’ve had?

If you’re going to try and craft a precursor, don’t do anything other than greatswords. If you had to choose between getting a Dusk or a Colossus in the forge, you should always take the Dusk, sell it on the TP and then use that money to buy Colossus (+ have extra money left over)

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Need advice on the Colossus situation

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Posted by: Dreamer.9072

Dreamer.9072

I’ ‘ve heard people saying that, but the thing is, I could also get dawn, which was worth less even before the price rise on Colossus.
Edit: And I’ m in no way . certain that after the 15% tax is taken into account I’ d have enough.
Though how does it work for GS, do you have a chance to get both equally and as such double the chance of getting A precursor, or not?

(edited by Dreamer.9072)

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Posted by: Vol.5241

Vol.5241

You don’t have double the chance, but I’m positive you have equal chance to get dawn and also get dusk.

I was just checking the prices now and it is most profitable to start putting staffs in forge for The Legend. It is selling for 599g atm.

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Posted by: Dreamer.9072

Dreamer.9072

Met a guy who claims to know the person manipulating the market, of course this is hearsay but I have reason to believe him.
Edit: Further proof that it is the result of one guy is that today Colossus has started coming back at 530g and 520g at the same time. Disappointing that someone can be so selfish.

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Posted by: laharl.8435

laharl.8435

I am just now getting close to Colossus being the last thing I need, but I refuse to pay >500g at this point. Hopefully no one buys them at that price and they lose money.

Need advice on the Colossus situation

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Posted by: Dreamer.9072

Dreamer.9072

Just an update, yesterday I started trying to make Colossus in the mystic forge, 100 rares = 0, today i tried again, after my 4th try i got Colossus!
I now own Juggernaut^^

Need advice on the Colossus situation

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Posted by: laharl.8435

laharl.8435

Just an update, yesterday I started trying to make Colossus in the mystic forge, 100 rares = 0, today i tried again, after my 4th try i got Colossus!
I now own Juggernaut^^

Wow, congrats! I’m surprised you got it so quickly using rares. I’ve heard of people using many more than that and not getting a precursor. About how much total did it cost? Better yet, mind sharing what rares you used?

Need advice on the Colossus situation

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Posted by: Dreamer.9072

Dreamer.9072

Sure, crafted them all myself, and used 1 carrion/exploration/knights/valkyrie. I also put on some magic find gear today and used mf food (though that’s probably just a coincidence).
The cost, think it was like 30-35g yesterday, same today as I did buy enough mats for 100 rares, after giving a bunch of them to my guild i can sell them though^^

Need advice on the Colossus situation

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Posted by: Nike.2631

Nike.2631

Just an update, yesterday I started trying to make Colossus in the mystic forge, 100 rares = 0, today i tried again, after my 4th try i got Colossus!
I now own Juggernaut^^

Grats!

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