Showing Posts For Boogna.5019:

GW2 Calculator

in Black Lion Trading Co

Posted by: Boogna.5019

Boogna.5019

I love that someone was to lazy to do the simple math needed to figure it out. so they made a program to do it for them. wonderful.

An opinion: The Economy Is Terrible

in Black Lion Trading Co

Posted by: Boogna.5019

Boogna.5019

The trading post is failing because people using it a dimwits. Seriously people need to stop listing stuff for one copper more than vendor price if the listing price is two bloody copper. Seriously it only takes basic math to realize you’re loosing money. The player base is making a whole swath of items useless to do anything with but vendor after you make them which is a loss of money.

up to 6c you will make a profit selling 1c above vender, and i wrote a thread with teh math to prove it. so clearly your basic math is flawed and you need to go back to school.

and to the guy that started this. no,… just no. the sets of armor are ment to be rare, meaning you have to work for them. if you put more money in the game everything goes up in price. called inflation. plz go look up post world war 1 germany, inflation was so bad they would burn the money cuz it last longer then the wood they could buy with it. you also dont have to buy/sell on the market to make good cash, just sell all ur useless mats. and stop buying everything that shinny. (like the 5g armor thats litteraly just for looks)

so again all i hear is “aNet i’m lazy gimme gimme gimme i payed for this game”

Gem store is still broken/credit card declined/paypal declined

in Black Lion Trading Co

Posted by: Boogna.5019

Boogna.5019

i find it quite odd that they would be dragging there feet when it comes to taking your money. just make sure it doest pull a Trading post on u and clear out ur bank account tommorrow.

[Solution] How to solve the dead Trading Post?

in Black Lion Trading Co

Posted by: Boogna.5019

Boogna.5019

i like the ability to post for anywhere, as well as to mail from anywhere.

now i do like your idea for “daily average” bar, but i would like to also keep the lowest current as well. its has its use’s.

the real real problem isnt as much how the TP is set up. but that there was a 1 week period where we all were stashing items and couldnt sell them, then 1 weeks worth of items all went on sell at once with no one who had teh money to buy em.

besides all that cheap mats are fine, currently the that arnt cheap are the once being used the most, or the low lv mats. it will change in the future. Rare items still fetch a good price, they almost always get a good profit. only realy problem is the trash items, which are trash. just vender them no one wants em. people will figure that out soon enuff.

Error when attempting to sell

in Black Lion Trading Co

Posted by: Boogna.5019

Boogna.5019

Yes, its to stop botting i belive, theres alot of failsafes like it in the game that stop you from doing one thing to many times.

way to fix this. buy or sell a differnt item, it will normaly reset for about 5 or 6 more sales.
or you can just walk around and do something else for a bit. normaly resets as well.

gems : 1€ =/= 1$

in Black Lion Trading Co

Posted by: Boogna.5019

Boogna.5019

you can always just change country’s, or buy things in a differnt currantcy.

The Trading Post and You. Noobs Guide to make Profit.

in Black Lion Trading Co

Posted by: Boogna.5019

Boogna.5019

lol. That may very well be true.

Selling Auctions Deducts 2x Listing Price

in Black Lion Trading Co

Posted by: Boogna.5019

Boogna.5019

theres a 5% non refundable to start, and another 10% after sale. total tax is 15%.

An opinion: The Economy Is Terrible

in Black Lion Trading Co

Posted by: Boogna.5019

Boogna.5019

yea what was said above, if you get more base money a hour everyone does, it changes nothing. all the salvage kits and gathering tools are free, theres a renown heart in each area that sells to lv tools. so stop buying them. the drop rate on rare items in this game is already insainly high.
i can get around 15 claws a every 5min killing monsters. (and i too am lv 45). so i never have to buy them on teh TP, which is what your doing. infact if you want and you dont even need em,… sell em you make money.

yes i play the market as well but i only have 10g because i only sell on the market. if i need crafting reasorces i just play the game, and i have all i need to lv. i dont even use the tele’s in the game. if you walk you get stuff from killing mobs and resourse nodes.

honastly the games fine, all i’m hearing is:
“i’m a lazy person who wants to tele everywhere and buy all my mats on the TP for free. aNet, fix this problem of me being to lazy and spoon feed me all i need and want”

i will admit, the race gears to much to buy at that lv. but its not ment to be everywhere. and i think its ment just for its looks. then you put it on a item with the stats you want later on. if you notice theres only one set, and theres not differnt sets with differt stats. clearly just for looks.

The Trading Post and You. Noobs Guide to make Profit.

in Black Lion Trading Co

Posted by: Boogna.5019

Boogna.5019

Hello people of the GW2 Community,

There seems to be a bit of confusion about the sales tax on items traded through the Trading Post (TP). You see anywhere from 5-15% depending on the post you read. You still see people trading goods for 1c over vending price and others conplaining that there making no money and ruining the market. well I will do the math to prove or dis prove this. Also will give you a handy formula to figure out for yourself if you will truely make money.

first lets tackle the formula, as its what we will test the 1c over vender sales profit.

the guild wars tax is infact 15%, a 5% upfront cost that you see when posting, and a 10% tax on money you make after the sale for a total of 15%. a very important note is that the 5% upfront tax is none returnable if you cancle the sale. so if you do cancle and repost your items the tax would effectivly be 20% after that. the game will also round the taxes to the nearist copper and will always charge you at least 1c for the total sale. so buying and selling in bulk will aways yeild more profit.

So with this knowlage we can figure out how much we will make like this.

(Sale Price) * (Tax %) = (Tax Cost)
(Sales Price) – (Cost to Buy) – (Tax Cost) = (Sales Profit)

Exaple being for Iron Ore, its 5c on the TP to buy and sells for 6c. i normaly do the cost of stacks for items bought in bulk but it works for solo items too. i’m doing bulk 250 stack profit here. i’m also setting 1 to be 1s not 1c.

(15 (which is the stack cost of iron)) * (.15) = (2.25)
(15) – (12.5) – (2.25) = (.25)

so with this we know u make .25 or 25c off of every stack of iron you sell. note that sometimes you might make a little more, this is because if the game sees you buying Iron at 5c and someone sells a bunch at 4c your the first to get it and u get it at 4c.

I Know its alot to read but it will help you get a solid understanding of the TP.

Now from what i understand selling items 1c over vender price will acualy get you a profit if its cost isnt much. for a item u sell at 2c and its vender cost is 1c you get 4.25s if you collect a full stack yourself and sell it on the TP. You would only get 2.5s if you vender it. So yes you still make a profit. Even if you buy the item for 1c you still make 1.75s per stack bought and sold. which is acualy realy good.

that being said that was the lowest you can get, that profit breaks down at higher numbers. the exact number at which you stop making money from selling items for 1c over vender price is 7c asuming you would get 6c from the vender. this is also if your buying and selling stacks of 250 only.

The above was when you sell stacks 1c above vender price. but anytime you sell just 1 item, lets say a weapon at 1c over vender price you are acualy losing money on each transaction no matter how little the item costs. this is because of the base 1c the game charges you for the sales tax, and again after when its sold. so u make nothing as a pose to the 1c you would have made from selling the 1 item to the vender.

now in regards to you taking a loss to sell a item ruining the market, i would say no.
selling that cheap you wont make as much as if you sell to a vender yes. but u can sell to the TP from anywhere in the world which allows you to make more room to get more items. this gets you more profit assuming your getting the items as drops in the long run. which is good. most of those items didnt cost you anything so you still make a profit no matter what, and although its less in the now. you get more later buy having that slot open for a new item.

To All those buying and selling items on the TP to make money, yea its anoying, no it wont break the game. so I’d say to go ahead and do it. I know that I do.

Sorry for the amount i wrote, i hope this clears up any confusion you might have had. any other questions, concerns or problems with what i wrote i would be more then happy to adress it.

and most importantly, HAVE FUN! its just a game.

(edited by Boogna.5019)