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Is it time for Technetium to crash?
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Darth Tickles
Doomheim
#21 - 2012-05-28 14:11:41 UTC
Wibla wrote:
Valryon in the same alliance as the OP has been posting tons of 1 unit sells etc to chase the sells down.

Food for thought.


Yup, a pretty pathetic attempt at "manipulation" that will be snapped up by someone very soon. That said, it doesn't change the overall downward short-term trend, which in turn won;t change the overall long-term upward trend.
EvilweaselSA
GoonCorp
Goonswarm Federation
#22 - 2012-05-28 14:15:09 UTC
uugh he had to try this **** while i was gone on vacation

i'll fix it by next weekend
Darth Tickles
Doomheim
#23 - 2012-05-28 14:17:17 UTC
EvilweaselSA wrote:
uugh he had to try this **** while i was gone on vacation

i'll fix it by next weekend


and this is why you should keep your manipulations subtle, otherwise people with real power (goons) notice what you're doing and squash you
EvilweaselSA
GoonCorp
Goonswarm Federation
#24 - 2012-05-28 14:18:30 UTC
yeah spamming zillions of one unit sell orders to get idiots to undercut is...not subtle
EvilweaselSA
GoonCorp
Goonswarm Federation
#25 - 2012-05-28 14:21:30 UTC  |  Edited by: EvilweaselSA
it might work somewhat, PL has a lot of moons that are individually owned and he can fleece them but i've been getting the production capacity to absorb excess tech ready for dealing with this sort of stuff, once that goes online i can start just sponging out the market anytime someone tries to crash and grab
Arec Bardwin
#26 - 2012-05-28 14:28:24 UTC
EvilweaselSA wrote:
yeah spamming zillions of one unit sell orders to get idiots to undercut is...not subtle

Well, someone DID undercut with large sell orders Lol
Wibla
Tactical Narcotics Team
#27 - 2012-05-28 14:50:43 UTC
Arec Bardwin wrote:
EvilweaselSA wrote:
yeah spamming zillions of one unit sell orders to get idiots to undercut is...not subtle

Well, someone DID undercut with large sell orders Lol


Well, some people drive without seatbelts too. The fact that people do stupid **** shouldn't be a shock to anyone Roll
EvilweaselSA
GoonCorp
Goonswarm Federation
#28 - 2012-05-28 15:05:16 UTC
Arec Bardwin wrote:
EvilweaselSA wrote:
yeah spamming zillions of one unit sell orders to get idiots to undercut is...not subtle

Well, someone DID undercut with large sell orders Lol

there are a lot of idiots in eve
EvilweaselSA
GoonCorp
Goonswarm Federation
#29 - 2012-05-28 15:17:14 UTC
Darth Tickles wrote:
that said, if goons have enough banked now, they can just manhandle tech and derivatives directly to achieve what they want, and **** the cheap price-fixing. I know PL has enough banked to **** with the market, but their extraction diffuse, and I'm pretty sure all their alliance income just goes into Shamis's wallet and sits there, plus they've never shown nearly the same interest in leveraging other forms of power beyond the political and military.

PL has all its moons individually owned, and taxed in isk: they're the biggest pain in the ass to otec there is because you can't coordinate with that many people who own one moon and have taxes to pay
Darth Tickles
Doomheim
#30 - 2012-05-28 15:32:30 UTC
EvilweaselSA wrote:
PL has all its moons individually owned, and taxed in isk: they're the biggest pain in the ass to otec there is because you can't coordinate with that many people who own one moon and have taxes to pay


Yup. They have neither the proper organization nor the seeming desire to apply serious pressure on the tech market, even if they nominally have both the tech output and cash to do so, which leaves goons as the sole possible stewards of the tech price in my mind.
corestwo
Goonfleet Investment Banking
#31 - 2012-05-28 17:28:12 UTC
Darth Tickles wrote:
EvilweaselSA wrote:
PL has all its moons individually owned, and taxed in isk: they're the biggest pain in the ass to otec there is because you can't coordinate with that many people who own one moon and have taxes to pay


Yup. They have neither the proper organization nor the seeming desire to apply serious pressure on the tech market, even if they nominally have both the tech output and cash to do so, which leaves goons as the sole possible stewards of the tech price in my mind.

Most other tech holding alliances do their tech at corp level at a minimum if not alliance level, so as long as their cash reserves are fine they're easier to coordinate with. PL's individual model is unique.

This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.

fofofo
Valryon
Republic University
Minmatar Republic
#32 - 2012-05-28 18:11:03 UTC
Wibla wrote:
Valryon in the same alliance as the OP has been posting tons of 1 unit sells etc to chase the sells down.

Food for thought.


Right, that's why I said earlier:

Valryon wrote:
i got bored and decided to troll tech before i passed out due to insomnia....... in other news it seems to continue to fall......................... Shocked


Usually posting 1 unit orders only stops the big sell orders from updating and thus crashing further, my intent was to actually arrest the crash. It's not my fault people are stupid.
Darth Tickles
Doomheim
#33 - 2012-05-28 18:34:29 UTC
>200k for sale at 175k pu, buys aren't rallying, amateur speculators dumping stocks

until somebody big comes by to stabilize the price with a big bet, we're well into a freefall

i appreciate the opportunity to make more money from volatility, but I will definitely miss the wailing of mentally unhinged hisec forum warriors...until it's back at 200k and beyond of course
cigarellos
#34 - 2012-05-28 21:08:07 UTC
Wibla wrote:
Valryon in the same alliance as the OP has been posting tons of 1 unit sells etc to chase the sells down.

Food for thought.


Contrary to the casual remarks by Colonel Valryon, he had been authorized by the Viceroy of the Trade Federation to determine the best approach to deal with this situation. Under T-FED's Freedom of Information Act, I am releasing a declassified document confirming this.

Declassified Document

Little did we know, the strategy of Colonel Valryon would involve multiple orders of 1 unit, followed by a comedy of panicked bulk orders. Viceroy Hask is most please and I am personally recommending Colonel Valryon for a medal.

Darth Tickles wrote:

Yup, a pretty pathetic attempt at "manipulation" that will be snapped up by someone very soon. That said, it doesn't change the overall downward short-term trend, which in turn won;t change the overall long-term upward trend.


Manipulation? Downward trend? Upward trend? Which one is it? I too go to bed at night and wake up in the morning.

EvilweaselSA wrote:
uugh he had to try this **** while i was gone on vacation

i'll fix it by next weekend


I'm sorry. I fail to see what you mean by "I'll fix it". Do you mean giving everyone who bought cheap technetium a 10x profit? Thank you kindly, good sir. Also, you have something in your eye.

-cig
Darth Tickles
Doomheim
#35 - 2012-05-28 21:20:08 UTC
cigarellos wrote:
Manipulation? Downward trend? Upward trend? Which one is it? I too go to bed at night and wake up in the morning.


Really? You had trouble with grasping the temporal qualifier with each one?

Not complicated.
CynoNet Two
GSF Logistics and Posting Reserves
Goonswarm Federation
#36 - 2012-05-28 22:40:00 UTC
cigarellos wrote:

The past week, close to 500k units of Technetium passed through my hands so I know those 732,514 units needed to crash the price to 95k ISK are CHUMP CHANGE.

So what is it going to be?

Is it time for OTEC to suck today's **** or should I move on to Felsic Magma?

Discuss.

-cig


So you're saying that by using less than a day of our cartel's output, we can crash the market? Then choke it off again until the price is well over 200k again?
Thanks, thats good to know!

-signedpost
Akita T
Caldari Navy Volunteer Task Force
#37 - 2012-05-28 22:50:11 UTC  |  Edited by: Akita T
CynoNet Two wrote:
So you're saying that by using less than a day of our cartel's output, we can crash the market? Then choke it off again until the price is well over 200k again? Thanks, thats good to know!

Duuh ! I though you guys were nowhere nearly disruptive enough considering your potential reputation. Time to get the kid gloves off and put in the brass knuckles.
On the other hand, this would only be useful for you in case you scoop up the cheap tech for yourself, otherwise it's only useful for others and damaging to yourself. So the question is, do you guys have enough liquid ISK to absorb all other stockpiles ?

EvilweaselSA wrote:
PL has all its moons individually owned, and taxed in isk: they're the biggest pain in the ass to otec there is because you can't coordinate with that many people who own one moon and have taxes to pay

You guys could, err, you know, buy it from them (via contracts?) at whatever price they were about to stick it on the market for to begin with. Minus taxes.
That absolves their guys from bothering with market orders, and that also pretty much makes YOU control a larger amount of tech as good as directly.
Assuming you do have the required liquid ISK to pull it off, of course.

P.S. In fact, you might as well get a blanket statement out with "goons will buy all fresh tech production from OTEC members at 195k per unit" P

Akita T evewiki profile | | | Build your own EVE-ready PC
EvilweaselSA
GoonCorp
Goonswarm Federation
#38 - 2012-05-28 23:29:30 UTC
Akita T wrote:

EvilweaselSA wrote:
PL has all its moons individually owned, and taxed in isk: they're the biggest pain in the ass to otec there is because you can't coordinate with that many people who own one moon and have taxes to pay

You guys could, err, you know, buy it from them (via contracts?) at whatever price they were about to stick it on the market for to begin with. Minus taxes.
That absolves their guys from bothering with market orders, and that also pretty much makes YOU control a larger amount of tech as good as directly.
Assuming you do have the required liquid ISK to pull it off, of course.

P.S. In fact, you might as well get a blanket statement out with "goons will buy all fresh tech production from OTEC members at 195k per unit" P

that's an idea, i may do that but it would still be a giant pain in the ass since selling as much tech as we do is already annoying as ****
Vaerah Vahrokha
Vahrokh Consulting
#39 - 2012-05-29 00:42:52 UTC
You are better to fix the market fast, because the current dynamic + static 180k support has been broken, then there is another at about 170k and then a very very steep dive to 155k.

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EvilweaselSA
GoonCorp
Goonswarm Federation
#40 - 2012-05-29 00:50:52 UTC
thank you for your entrail readings they are highly useful


for me to poop on