Guild Wars 2

Hi Guys,

I’ve recently been looking through a few investments i made a while back on Gw2 spidy and was quite pleased with one of them (the wind catcher) but one thing that caught my attention that I couldn’t explain is how on earth did the Buy volume increase so high in such a short time on the 26th December, did this really happen or is it an error?

http://www.gw2spidy.com/item/43903

Thanks
Red

https://forum-en.gw2archive.eu/forum/game/bltc/Market-manipulation-with-buy-orders/first#post3419432

Somebody tried to prove something.
Nothing happened.
Time wasted cancelling buy orders.

But the guy must be really rich. He ordered like 1.5million gold worth of wind catchers?

1 copper buy order.

seems like i found my answer, i guess this is market manipulation then, but surely this is down to a large guild or maybe an alliance of guilds, for 27,000 orders to be place and removed overnight is an insane amount of work

It’s market manipulation that works only on people that pay attention to spreadsheets and trend graphs rather than going in game and looking at the prices themselves.

If I were a nefarious trader, I would look at a popular item that has many transactions, i.e. silk when it was rising from 2S to 2.5S, and create false buy orders to give the spreadsheet traders the allure that many people are buying silk en masse for some reason. For such a large trading commodity like silk, you never get to see the low buy orders even in game so you can’t tell if it’s fake or not.

For a limited, low-demand item like silk catcher, you can easily see it.

Vol.7601:

It’s market manipulation that works only on people that pay attention to spreadsheets and trend graphs rather than going in game and looking at the prices themselves.

If I were a nefarious trader, I would look at a popular item that has many transactions, i.e. silk when it was rising from 2S to 2.5S, and create false buy orders to give the spreadsheet traders the allure that many people are buying silk en masse for some reason. For such a large trading commodity like silk, you never get to see the low buy orders even in game so you can’t tell if it’s fake or not.

For a limited, low-demand item like silk catcher, you can easily see it.

its a good thing that im a commodity trader, i dont normally hit the lower priced items which is good as i would of fell for this

RedCobra.7693:

seems like i found my answer, i guess this is market manipulation then, but surely this is down to a large guild or maybe an alliance of guilds, for 27,000 orders to be place and removed overnight is an insane amount of work

27k is just 104 stacks of buy orders which can be posted in under 1 minute as for buy orders, you can actually place multiple stack orders if you click fast enough before the amount and price resets again.

If you bind left click to your mouse wheel or use an autoclicker, you can easily order 50k in one go before it resets.