These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

EVE General Discussion

 
  • Topic is locked indefinitely.
12Next page
 

Errr?

First post
Author
Previous Topic Next Topic
Li Ter
The Northerners
Pandemic Horde
#1 - 2014-02-22 01:16:46 UTC
so i had a sell order of one tempest on market for 170mil.....just logged on to see that its sold for 1.2 bil.....vaat is goinngg awwn?
Caviar Liberta
The Scope
Gallente Federation
#2 - 2014-02-22 01:18:48 UTC  |  Edited by: Caviar Liberta
Li Ter wrote:
so i had a sell order of one tempest on market for 170mil.....just logged on to see that its sold for 1.2 bil.....vaat is goinngg awwn?


This is a problem? Your tempest sold for 1.2b or you had a sell order for 170m?
Scipio Artelius
Weaponised Vegemite
Flying Dangerous
#3 - 2014-02-22 01:19:41 UTC  |  Edited by: Scipio Artelius
Market mechanics working in your favour.

The buyer probably just clicked on the top entry, but you were the lowest priced seller, so the first order to be filled.

So while you had a lower price, he decided (stupidly) to pay much more to you. You win, he loses and whoever put up the high price did you a favour.
Li Ter
The Northerners
Pandemic Horde
#4 - 2014-02-22 01:19:48 UTC
not a problem, just confused as to how its gone from being on sale for 170 mil to selling for 1.2 bil lol
Erotica 1
Krypteia Operations
#5 - 2014-02-22 01:20:34 UTC
Li Ter wrote:
so i had a sell order of one tempest on market for 170mil.....just logged on to see that its sold for 1.2 bil.....vaat is goinngg awwn?


Working as intended. Your buyer sorted wrong and selected a more expensive order, likely one of your competitors that you underbid a few isk. Unlike the real world, the EVE market takes a limit order and makes that person transact at that price instead of "no higher than that price."

Congrats!

See Bio for isk doubling rules. If you didn't read bio, chances are you funded those who did.
Silvetica Dian
Imperial Shipment
Amarr Empire
#6 - 2014-02-22 01:21:02 UTC
someone was drunk and tryed to buy one for 1.2 bill.
the way the eve market works is that the lowest sell order (yours) is matched with this and he gets the ship for the price he offered.

Money at its root is a form of rationing. When the richest 85 people have as much wealth as the poorest 3.5 billion (50% of humanity) it is clear where the source of poverty is. http://www.theguardian.com/commentisfree/2014/jan/20/trickle-down-economics-broken-promise-richest-85
Karayianne
Knighthawk Light Industries
#7 - 2014-02-22 01:22:22 UTC
If you want to be kind, you could refund the guy.

However, I don't see the problem. It's his stupidity and/or naivete.

You see, when you create a buy order, you can actually set a price. Then EVE matches the price and range against what's already available. Anything that's cheaper than your specified buy order will be purchased right there on the spot for the price entered on the buy screen, not the price it's currently selling for! So if he's willing to pay a little more, then you get a little more. Or, if he typos an amount then GG LOL FREE MONEY FOR YOU.
Li Ter
The Northerners
Pandemic Horde
#8 - 2014-02-22 01:24:07 UTC
ahhh i see, i didnt realise the buy orders worked like that :P naah im not nice, he wont be getting any of it back haha :P

Thanks for the answers :)
Maxxor Brutor
Borderline Procurements
#9 - 2014-02-22 01:27:26 UTC
The weird thing is that someone bought a Tempest, the Rifter of battleships...
Mr Epeen
It's All About Me
#10 - 2014-02-22 01:32:12 UTC
ISK laundering gone awry.

You win!

Mr Epeen Cool
Li Ter
The Northerners
Pandemic Horde
#11 - 2014-02-22 01:32:42 UTC
theres nothing wrong with a tempest :)
Scipio Artelius
Weaponised Vegemite
Flying Dangerous
#12 - 2014-02-22 01:33:50 UTC
Li Ter wrote:
ahhh i see, i didnt realise the buy orders worked like that :P naah im not nice, he wont be getting any of it back haha :P

Thanks for the answers :)


Now you know how the mechanics of the market work, it shouldn't be much of a further step to figure out how this can be used to your advantage in future.
Li Ter
The Northerners
Pandemic Horde
#13 - 2014-02-22 01:34:07 UTC
thread can be locked now as it has now served its purpose
stoicfaux
#14 - 2014-02-22 01:34:09 UTC
Beer gud. Beer also bad.

Pon Farr Memorial: once every 7 years, all the carebears in high-sec must PvP or they will be temp-banned.
Orlacc
#15 - 2014-02-22 02:02:48 UTC
That was me. Send back only 500m.

"Measure Twice, Cut Once."
Ralen Zateki
Imperial Academy
Amarr Empire
#16 - 2014-02-22 03:22:57 UTC
I've just been in touch with some, uh, influential people whose initials may or may not be CCP. They told me to tell you that they are looking into the shenanigans and that in the meantime, while they investigate said shenanigans, that you should send me the money so that I can insure it's safety. Quickly. And no... uh.. shenanigans.
Alastair Ormand
Mine all the things
#17 - 2014-02-22 09:08:39 UTC
Market error in your favour

I discourage running with scissors.
Kaivar Lancer
Doomheim
#18 - 2014-02-22 15:41:50 UTC
looks like you're the recipient of an RMT gone wrong.
Sobaan Tali
Caldari Quick Reaction Force
#19 - 2014-02-22 16:26:07 UTC
First rule of Eve market: When you buy stuff in Eve, double check your zeroes before clicking "OK" or "Yes".

"Tomahawks?"

"----in' A, right?"

"Trouble is, those things cost like a million and a half each."

"----, you pay me half that and I'll hump in some c4 and blow the ---- out of it my own damn self."
Gregor Parud
Imperial Academy
#20 - 2014-02-22 17:23:45 UTC
+1 petition "wtf, i tied to buy an item from my alt and he didn't get the isk. Gief back isk or I quit!"
12Next page