So I just want to say first up that I get a great deal of enjoyment playing on the trading post in this game and can spend hours doing it when I have no other goals for the day. I have watched while markets that are required for new content or in demand items get smashed over and over again and have continually wondered if its players with no idea doing it or if it is manipulation on the side of anet, always deciding it must just be players until now. I am now going to give away a market a lot of you probably already know but here goes. On the recent patch where you can craft ascended weapons platinum ore and what they make (darksteel ingots) price started spiking I dabbled in buying platinum and found it was an ok way to make a little silver in the game I was undercut a little but the price stayed stable about 4 silver 30 copper per ingot this was about 5 days ago. all the ingots on the market were selling like crazy and the price soon hit 5 silver 80 copper and showed no sign of slowing demand is still high. The price for platinum was also spiking which is good for those who enjoy gathering it makes you reasonable silver as well. This price stayed steady for probably 1/2 a day then out of no-where someone who must be insane or tinfoil hat (anet) started placing ingots on the TP at 4 silver 50 copper it cost as much to make the things as they were selling it for. For hours I watched this wall built in the market over 1 silver below the lowest other point about 1000 ingots at a time as soon as the wall was breached and reached “normal” again another wall same amount of ingots same price was placed. my instinct is no-one could be that silly the amount of silver you make is simply not worth anyones time to craft. this has happened in so many "big " markets that are required items over the last month or so that it cannot be co-incidence and I can understand undercutting prices but this is crazy and without profit/reason to do so.Now there are 1000’s of the ingots between 4.30 and 4.50 (the wall so mission accomplished whoever has done this but its disappointing as it now costs more to make an ingot than to buy one so who would do that ? ask yourself….
My theory anet creates a wall in the market to encourage players to undercut and lower prices (no-one did because it was simply losing money to do so) this continued for 2 days same price massive amounts. But the effect creates listings above the the wall to gradually undercut each other and close the gap (ie price went from 5.80-5.20 in 2days behind the wall) making it eventually continuous listings if its not anet filling in the gap. Now if this is the case I understand the logic in doing so as it keeps costs down but this is supposed to be a player driven game where if supply outweighs demand its cheaper and the opposite when its in low supply forcing prices up.
As it costs money to list items on the TP if this is happening it is costing everyone listing at “the current price” a lot of silver as they either have to cancel and relist or wait a hell of a long time to sell and imo this is in no way fair.
I would like to know if this is how anet is running the tp and I will save both my time and money and also if others have had this experience. The silver is not so much an issue for me I get a kick out of exploring new markets and when they take off its awesome but when I see this happening over and over its disappointing to say the least I feel like I wasted my time.
If you want to lower prices try cayenne pepper it was 20 copper 3 months ago now its over 5 silver where was the brakes there?
TLDR:- is anet manipulating the trading post that’s supposed to be player driven?
It’s about time the conspiracy theorists came in and posted more silly theories. I think John misses his dose of humor they provide him.
Am actually hoping John replies tbh as there was talk of anet employing economists to control the economy and that’s the reason for the post thanks for noticing. The sooner the bring in “who” posted the item the sooner conspiracies will be removed
Occam’s razer demands that, without proof either way, the TP is not controlled by A.net, since player driven markets function best.
If I can’t play Guild Wars 2 at work, I won’t work in Guild Wars 2 either.
Delayed content is eventually good. Rushed content is eternally bad. ~ Shigeru Miyamoto
Occam’s razer demands that, without proof either way, the TP is not controlled by A.net, since player driven markets function best.
And let’s remember one thing about conspiracy theorists: any proof you would provide that is contrary to their theory is invalid out of hand because, obviously, it is part of the conspiracy.
So I just want to say first up that I get a great deal of enjoyment playing on the trading post in this game and can spend hours doing it when I have no other goals for the day. I have watched while markets that are required for new content or in demand items get smashed over and over again and have continually wondered if its players with no idea doing it or if it is manipulation on the side of anet, always deciding it must just be players until now. I am now going to give away a market a lot of you probably already know but here goes. On the recent patch where you can craft ascended weapons platinum ore and what they make (darksteel ingots) price started spiking I dabbled in buying platinum and found it was an ok way to make a little silver in the game I was undercut a little but the price stayed stable about 4 silver 30 copper per ingot this was about 5 days ago. all the ingots on the market were selling like crazy and the price soon hit 5 silver 80 copper and showed no sign of slowing demand is still high. The price for platinum was also spiking which is good for those who enjoy gathering it makes you reasonable silver as well. This price stayed steady for probably 1/2 a day then out of no-where someone who must be insane or tinfoil hat (anet) started placing ingots on the TP at 4 silver 50 copper it cost as much to make the things as they were selling it for. For hours I watched this wall built in the market over 1 silver below the lowest other point about 1000 ingots at a time as soon as the wall was breached and reached “normal” again another wall same amount of ingots same price was placed. my instinct is no-one could be that silly the amount of silver you make is simply not worth anyones time to craft. this has happened in so many "big " markets that are required items over the last month or so that it cannot be co-incidence and I can understand undercutting prices but this is crazy and without profit/reason to do so.Now there are 1000’s of the ingots between 4.30 and 4.50 (the wall so mission accomplished whoever has done this but its disappointing as it now costs more to make an ingot than to buy one so who would do that ? ask yourself….
My theory anet creates a wall in the market to encourage players to undercut and lower prices (no-one did because it was simply losing money to do so) this continued for 2 days same price massive amounts. But the effect creates listings above the the wall to gradually undercut each other and close the gap (ie price went from 5.80-5.20 in 2days behind the wall) making it eventually continuous listings if its not anet filling in the gap. Now if this is the case I understand the logic in doing so as it keeps costs down but this is supposed to be a player driven game where if supply outweighs demand its cheaper and the opposite when its in low supply forcing prices up.
As it costs money to list items on the TP if this is happening it is costing everyone listing at “the current price” a lot of silver as they either have to cancel and relist or wait a hell of a long time to sell and imo this is in no way fair.
I would like to know if this is how anet is running the tp and I will save both my time and money and also if others have had this experience. The silver is not so much an issue for me I get a kick out of exploring new markets and when they take off its awesome but when I see this happening over and over its disappointing to say the least I feel like I wasted my time.
If you want to lower prices try cayenne pepper it was 20 copper 3 months ago now its over 5 silver where was the brakes there?
TLDR:- is anet manipulating the trading post that’s supposed to be player driven?
Don’t forget that there are people out there who want/need “fast money”. They have a stockpile of platinum, and they see a large quantity are selling for 5.80 silver, but they are afraid if they post their platinum for 5.79 silver, they will not only be undercut, but they will also have to wait a long while before all their platinum sells. Most people want things immediately, so instead of doing something logically, he posted his platinum ingots for an entire silver cheaper to sell them off faster.
Reminds me of real life gas stations. All the gas stations in town price their gas 0.01 cent cheaper than the gas station next to it so more people will go to the one that is 0.01 cheaper. Then there’s always that one gas station outside of town that is selling their gas for 0.10 cents cheaper and has a line of cars wrapped around it trying to get their tanks filled up.
Also, there were certainly a ton of people who were leveling Weaponsmith/Huntsman/Artificer right around the time of the last patch, and probably a lot of them had Darksteel ingots left over from leveling that they had no use for and started dumping on the TP. They could have been a little smarter when pricing their ingots, but just hitting “Match Lowest Seller” is easier.
Didn’t read the entire wall of text, when ppl post like that, i usually just read short comments as most of the will condense the wall.
As far as plat goes. I dumped my share on the market early yesterday as well as some other items gain in sparkfly. I felt, ok, there are gonna be thousands of people milling around sparkfly before and after teq. Usually when ppl do that they pick up whatever is nearby. Considered it may only be 3-9 ores per person, multiply by thousands, it would seem logical, prices of those would go down. just my 2 cents.
oh I’ve seen the so call purchase walls. For example someone put in 5000 orch ore order at higher price, then another 5000 orch ore buy order at 1 copper price lower. This create a buy order wall, and people who wants to buy orch ore right away then have to buy higher. Due to such strong demand goods, there immediately are orders filling up on top of the “wall” at higher price.
Whether the dude who made the wall can sell enough of their ore at the high price vs how much orch ore they bought as the wall breakdown is a different story.
Players are, the only thing that can be considerd their fault is removing Set1 mini pets from the gem store, and due to that the mini pets increased their price increased since yesterday, there a title and achivements related to this and now eevryone’s trying to bum rush buy gems to try and get the, or buying the minis themselves in the trading post overpriced.
I can’t believe that no one has brought this point up yet. I know some people both in and outside of this game who would do the things described by the OP just cause they enjoy it. They find satisfaction in destroying the market value of an item. One of my friends spent well over 300 gold just to see if he could crash the market on an item with a value that was rapidly growing at the time.
I’ve seen the so call purchase walls. For example someone put in 5000 orch ore order at higher price, then another 5000 orch ore buy order at 1 copper price lower. This create a buy order wall … now that is market manipulation.
There’s nothing special about buy ordering 5000 ore. You do know that creating for example one Dusk/Dawn requires on average 42,000 ore? There’s a multitude of players who are Mystic Forging their way to precursors, and competing against each other with material buy orders to create them cheaper.
I for one liked the post and had this very same thing happen to me with just flipping one item. I placed low buy orders, got the items at that low number & re-posted it at the current market price. after a while the same thing happened a wall appeared making it not profitable to flip the items anymore. I left my buy orders up at that low price & when I signed on again the buy orders had been taken down.. Is this an exploit? and was that Anets way of saying NO NO. My feeling is if some idiot wants to sell me something bellow market value then let them…..
I for one liked the post and had this very same thing happen to me with just flipping one item. I placed low buy orders, got the items at that low number & re-posted it at the current market price. after a while the same thing happened a wall appeared making it not profitable to flip the items anymore. I left my buy orders up at that low price & when I signed on again the buy orders had been taken down.. Is this an exploit? and was that Anets way of saying NO NO. My feeling is if some idiot wants to sell me something bellow market value then let them…..
The current market value changes all the time and you are not entitled to make a profit with flipping. Many resources are obtained in many different ways.
Crafting materials for example come from direct drops, salvaging, harvesting, loot bags, etc.
I heard people going out to harvest platinum nodes again when the price for darksteel ingots went up. I just bought white lvl 65 weapons for half the price of platinum ore and salvaged them. It took me an hour to have more than 1000 buy orders filled and salvage it. I am sorry for those people that value their platinum more than me because they have to run around maps for hours, if not days to get those 5 stacks that i got in an hour. But it doesnt stop me from dumping my platinum into the market again for 20% less than what they think is the current market value.
I also was flipping an item regularly, buying for 60s and selling for 1G. Then i realized that i can craft that item for kitten because the resource prices went down. I started listing at 80s and selling instantly because people thought the current market value was 1G. I might make less profit per item compared to listing at 1G but i would sell 2-3 times more items per hour thus increasing my profit per hour.
Tin Foil [HATS]-Hardcore BLTC-PvP Guild
Bloin – Running around, tagging Keeps, getting whack on Scoobie Snacks.
I’ve seen the so call purchase walls. For example someone put in 5000 orch ore order at higher price, then another 5000 orch ore buy order at 1 copper price lower. This create a buy order wall … now that is market manipulation.
There’s nothing special about buy ordering 5000 ore. You do know that creating for example one Dusk/Dawn requires on average 42,000 ore? There’s a multitude of players who are Mystic Forging their way to precursors, and competing against each other with material buy orders to create them cheaper.
42,000 orch ore at 5 silver each is 210,000 silver (2,100 gold). Dawn price = 600g to 800g. I think you are wrong. BTW I have a sunrise.
I’ve seen the so call purchase walls. For example someone put in 5000 orch ore order at higher price, then another 5000 orch ore buy order at 1 copper price lower. This create a buy order wall … now that is market manipulation.
There’s nothing special about buy ordering 5000 ore. You do know that creating for example one Dusk/Dawn requires on average 42,000 ore? There’s a multitude of players who are Mystic Forging their way to precursors, and competing against each other with material buy orders to create them cheaper.
42,000 orch ore at 5 silver each is 210,000 silver (2,100 gold). Dawn price = 600g to 800g. I think you are wrong. BTW I have a sunrise.
He meant ore in general, not orichalcum ore specifically.
I use over 30k mithril ore per week for crafting and i am only one person. Ascended crafting is another ore sink right now.
Tin Foil [HATS]-Hardcore BLTC-PvP Guild
Bloin – Running around, tagging Keeps, getting whack on Scoobie Snacks.
I’ve seen the so call purchase walls. For example someone put in 5000 orch ore order at higher price, then another 5000 orch ore buy order at 1 copper price lower. This create a buy order wall … now that is market manipulation.
There’s nothing special about buy ordering 5000 ore. You do know that creating for example one Dusk/Dawn requires on average 42,000 ore? There’s a multitude of players who are Mystic Forging their way to precursors, and competing against each other with material buy orders to create them cheaper.
42,000 orch ore at 5 silver each is 210,000 silver (2,100 gold). Dawn price = 600g to 800g. I think you are wrong. BTW I have a sunrise.
you use mithril to forge rares, not ori. 42,000 ore at 30c ea = 12,600s (126g)
TLDR:- is anet manipulating the trading post that’s supposed to be player driven?
No.
Awesome and your source?
No.
Your sauce?
My guess…red sauce, ofc that’s all we’ll get. What type of red sauce? Well that’ll remain a mystery, yet some will clamor that simply red sauce is a definitive answer.
Getting no net profit on the trade post is a common problem.
More than half the time when I craft something if I were to put it on the Trade Post the item there would be for less money than what the resources cost. Also the going price is less than if I were to vendor the item. Yes I know there is a check for vendor prices but that check it before the TP takes its cut not after. So you can still end up loosing money. Where if you vendor’d the item you actually make a bit of money.
