These forums have been archived and are now read-only.

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

Market Discussions

 
  • Topic is locked indefinitely.
 

interesting marketing tactic i see
Author
Previous Topic Next Topic
MunnyRabbit
Native Freshfood
Minmatar Republic
#1 - 2012-06-25 16:00:13 UTC
Im curious to a weird tactic i keep seeing on the market.

I see people posting a mass amount of a specific at only .01 above the highest sell order
for instance you can sell the item at 111.02
and people have buy orders at 111.01

is this a tactic people use to drop the price after they have gone up so much over the weekend? Or are people just messing up putting up sell orders when trying to buy them?
Thur Barbek
Republic University
Minmatar Republic
#2 - 2012-06-25 16:09:14 UTC
Badly programed bots will get hurt by this.

Or. most likely, someone tried to sell more stuff to the top buy order than the buy order was set for. When this happens, a sell order is created for the old buy price.
MunnyRabbit
Native Freshfood
Minmatar Republic
#3 - 2012-06-25 16:11:57 UTC
Thur Barbek wrote:
Badly programed bots will get hurt by this.

Or. most likely, someone tried to sell more stuff to the top buy order than the buy order was set for. When this happens, a sell order is created for the old buy price.


ur second point makes perfect sense because my buy order was completely bought out then the rest must have been placed on the sell order.

I will have to keep a look out for these in the future for a easy gain. thanks
Kara Books
Deal with IT.
#4 - 2012-06-25 16:41:52 UTC
This is infact not a tactic, but an item at risk of crashing, the downwards pressure is is pushing down on the buy orders.

I usually ditch those items really fast and take my buy orders out of the way unless there are special circumstances involved.
Kino Mangeiri
Sebiestor Tribe
Minmatar Republic
#5 - 2012-06-25 16:55:02 UTC
Thur Barbek wrote:
Badly programed bots will get hurt by this.

Or. most likely, someone tried to sell more stuff to the top buy order than the buy order was set for. When this happens, a sell order is created for the old buy price.


This is the case, nothing to do with an item crashing. I've had it happen to my own orders. If I have a buy order up for 3 items and someone quick-sells 5, I get the 3 and the other 2 are listed as a sell order for the same amount as my buy order was. I love when that happens, you can snag a couple extra cheap units quickly. Smile
Zappa Beefheart
Federal Defense Union
Gallente Federation
#6 - 2012-06-25 19:55:36 UTC
Thur Barbek wrote:
someone tried to sell more stuff to the top buy order than the buy order was set for. When this happens, a sell order is created for the old buy price.


This is what happened. Nothing more, nothing less. If you're a trader, usually the smart thing to do is to buy the remainder.
MunnyRabbit
Native Freshfood
Minmatar Republic
#7 - 2012-06-25 20:47:17 UTC
Kara Books wrote:
This is infact not a tactic, but an item at risk of crashing, the downwards pressure is is pushing down on the buy orders.

I usually ditch those items really fast and take my buy orders out of the way unless there are special circumstances involved.


At first this is exactly what i was going to do but the item was a type of Ammo that is very popular has yet to change prices that dramatically even on the weekend so i believe it was just a carry over from a selling to many units
Lord Jita
Lord Jita's Big Gay Corp
#8 - 2012-06-26 01:34:54 UTC  |  Edited by: Lord Jita
clueless macaroons using the advanced sell window to sell to a smaller buy order, nothing more. happens constantly. buy up and profit off their stupid mistake.
Sola Mercury
Republic Military School
Minmatar Republic
#9 - 2012-06-26 14:31:36 UTC
If you just want to sell something, use simple sell, not advanced.
This will save you ISK, and you'r not in danger to put an unwanted sell order on the market.