(edited by Keider.8652)
Skye's Trading Post Challenge - IRL Fellblade
Here is my entry:
Wooden Dagger Skin:
Quantity: 280
Total Purchase amount: 5g24s28c
Sell Price: 140g
ROI: 2570,39%
Bloin – Running around, tagging Keeps, getting whack on Scoobie Snacks.
Firstly, I love this contest. The challenge here isn’t making back the most money, like some people seem to be going for. The challenge is in making the greatest ROI, which is what decides the winner. This also makes it more cost effective to invest the minimum amount into your guess (ie. 5g) as opposed to doing 7.5g and trying to get bigger gold back. Less risk that way.
I was going to go Rune of the Adventurer, but someone already got that one. I think it has good potential to be really strong after the patch, but all of the runes are a gamble and half are linked to crafting recipes. In lieu of that, I went with the following:
Princess Wand Skin
Quantity: 100
Total Purchase Amount: 5g 43s 0c
Sell Price: 49g 99s 0c
ROI: 820.626%
I picked Silk
409 silk purchased for 6.60g (1.59-1.63s ea)
409 silk up for sale for 1.99s ea
RoI : 23.15%
Entries are now officially closed! Thanks and good luck to all who have entered!
(edited by Skye Marin.3250)
Edited my post to add screenshots showing all my items sold for an ROI of 69.88%.
My investment was a failed venture no thanks to some very underwhelming changes, oh well, better luck me next-time!
gz on 69% RoI, i got my 23%
kitten it ANet. Quit giving away my stuff for free.
I lost too. None of my investment sold. I knew it was a lost cause. I will have to take it all back and sell to a buyer or buyers. It was worth trying to get the sword though but i made a grave mistake thinking what I bought would sell.
Whoever wins, congrats to you!
Wow, looks like i could have sold them for 4s each. O_o;
[(Listed selling price)(Qty sold) – (Total Purchase Price)] / (Total Purchase Price) x 100%
[(2.75s)(305) – (5g20c)] / (5g20c) x 100% = 67.7%
But it could have been 143.9% if I sold it at 4s each.
Wow, looks like i could have sold them for 4s each. O_o;
[(Listed selling price)(Qty sold) – (Total Purchase Price)] / (Total Purchase Price) x 100%
[(2.75s)(305) – (5g20c)] / (5g20c) x 100% = 67.7%But it could have been 143.9% if I sold it at 4s each.
haha, you were my benchmark for what I wanted my ROI to get over. That’s why I sold my item with an ROI of 69.88% if it went through.
I looked through every entry on here and broke them down into 3 categories: those I thought were reasonable, those I thought were far fetched but possible, if unlikely, and those I thought were just crazy. Wanting to play it safe, I only wanted to come up with an ROI for my item that surpassed all the “reasonable” entries, as I saw them.
I’m really crossing my fingers right now that none of the more adventurous rune/sigil investments come through!
It looks like this contest has been one big gold sink for Anet so far lol. Almost none of our investments paid off, and we all had to pay the 15% transaction fee.
Even mine was pure luck it seems, as it turned out to be a poor investment so far, even if my sell listings sold for a modest ROI of 69.88%, because the price has since dipped back down to where it was before the patch. I think the only people who bought my relistings must have been other investors who gobbled them up before the patch. Since the patch, people have just been relisting them at a rate much higher than the demand.
And after the quick success of my Toy Sword Skins, I invested in 4,000 Bell Focus Skins. That’s looking like a full 40g down the drain :/
Dude, the anticipation is killing me! I literally check back to this thread like 4 times a day hoping to hear something!
I was super pumped, but now I find myself hoping my listing checks out as sufficiently “not sketchy.” I know that because I bought 2 stacks of 250, I ended up buying an extra 129 skins on top of the 371 I needed to break 5g, which could have thinned the market a little, allowing my relistings to sell more quickly; but those 129 ultimately proved insignificant because at least 200 of the giant stack of 4.1k skins that were listed after mine at 2.30s were also bought up.
That said, I know that if I had counted my entire accidental set of 500 skins as part of this contest instead of just the first 371, the average cost of each skin would have gone up a little, which would have lowered my ROI a little, assuming they all sold at the same price. I can’t know by how much because I just never relisted those 129 skins, but it would probably fall pretty darn close to ficitiousacct’s 67.7
But factor in the fact that ficitious’s investment ultimately did prove to be superior, even if he played it a bit safe with his sell listing, and I suppose he would deserve to win too.
Also, major kudos to some of the other investors for decidedly not cheating when it would have been (apparently) super easy to. It looked Inril could have bought up just a measly 50g worth of ornate watchwork boxes, for example, and given himself the win. It would essentially amount to spending 50g to buy a freaking awesome real life sword.
There were a couple other cases where it looked like this was possible without spending an exorbitant amount of money (less than 100g), but honor has prevailed! Again, mad props!
Entries are now officially closed! Thanks and good luck to all who have entered!
So who won?
UPDATE: The Contest is now over! Congratulations to Homitu.7216!
http://heroicreplicas.com/ (just read in in the news section)
Congratulations to you, buddy!
UPDATE: The Contest is now over! Congratulations to Homitu.7216!
http://heroicreplicas.com/ (just read in in the news section)
Congratulations to you, buddy!
I’m guessing you are also Skye Marin.3250? So how did Homitu like his sword?
No I am not, I read it on heroic replicas website in the news section.
Sorry, bad phrasing! It should be read as in ‘has been read’ instead of ‘go read’ English is an odd language!
Skye posted the winner on April 9th… would have thought Homitu would have posted by now if he had received it.
Skye posted the winner on April 9th… would have thought Homitu would have posted by now if he had received it.
That’s odd since Skye closed the contest on the 14th of April.
I would have thought he announced the winner here.
Ahh, I see. Competition was posted on the website on the 9th. The update must not be datestamped. Putting the update at the top sort of threw me off.
Well I’m only interested to see the results because a lot of community members spent gold to compete. I thought there would have been an announcement here as to the winner by now from the person that hosted the contest. As well, I thought the winner would have posted as well once they received the sword.
Yes I quite agree. I am surprised that neither Skye nor Homitu have posted.
Congrats to Homitu! :P