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I decided to drive the PLEX down to 360m
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Claire Voyant
#21 - 2011-11-16 14:37:29 UTC
Dream Five wrote:
I'm growing a bit suspicious of the fact that most of the toons who buy plex are from NPC corps with no employment history and no killboard records. The market might be bogus/manipulated. In this case this is not going to work of course :)

Damn girl, stay the course!
IceFyre S18
Zulu Labs
#22 - 2011-11-16 15:00:33 UTC
If you say what I think is, that hurt small, really small size PLEX traders.

You cannot alter price course if there is healthy, real demand for plex.

Second, you only help large volume traders to get easyer large volumes of PLEX.

Third, when large volume traders get enough and decide to push price up, will deny you access to more plex, with simply agressive overbidding on buy side. You run out of ammo.
Dream Five
Renegade Pleasure Androids
#23 - 2011-11-16 15:05:07 UTC  |  Edited by: Dream Five
IceFyre S18 wrote:
If you say what I think is, that hurt small, really small size PLEX traders.

You cannot alter price course if there is healthy, real demand for plex.

Second, you only help large volume traders to get easyer large volumes of PLEX.

Third, when large volume traders get enough and decide to push price up, will deny you access to more plex, with simply agressive overbidding on buy side. You run out of ammo.



Traders for profit will not be able to get very many orders filled. Pushing up is a huge huge risk in this scenario. Basically whoever does that will widen the spread for others to outbid them immediately.
IceFyre S18
Zulu Labs
#24 - 2011-11-16 15:12:16 UTC
But again, you hurt only small, so small petty plex traders with 20B-100B capital.
They are nervous, histerycal like chicken with fox nearby.

But large volume traders works on a minimum 24h trade cycle period, so you need to be online non-stop, long time.
Weaselior
GoonWaffe
Goonswarm Federation
#25 - 2011-11-16 15:16:59 UTC
this is hilariously dumb and your avatar is hilariously sad and pathetic

Head of the Goonswarm Economic Warfare Cabal Pubbie Management and Exploitation Division.
Dream Five
Renegade Pleasure Androids
#26 - 2011-11-16 15:19:05 UTC  |  Edited by: Dream Five
IceFyre S18 wrote:
But again, you hurt only small, so small petty plex traders with 20B-100B capital.
They are nervous, histerycal like chicken with fox nearby.

But large volume traders works on a minimum 24h trade cycle period, so you need to be online non-stop, long time.


We should make a team with rotation i think. We don't want multiple bids or multiple traders working at the same time on this clearly. We want the bids to collapse as soon as they are ready, no need for excessive fussing around at the same break point.
IceFyre S18
Zulu Labs
#27 - 2011-11-16 15:26:48 UTC
In any case, I just pointed short term obstacles here.
If you're able to do this for a week or two, it will hurt badly some bigheads so they may just do wtf and dump all on buy side.

I like this plan, hope will bring some fun there.
Too bad I'm not into position to help you directly, but will stay some time off from PLEX market.
Dream Five
Renegade Pleasure Androids
#28 - 2011-11-16 15:29:23 UTC
IceFyre S18 wrote:
In any case, I just pointed short term obstacles here.
If you're able to do this for a week or two, it will hurt badly some bigheads so they may just do wtf and dump all on buy side.

I like this plan, hope will bring some fun there.
Too bad I'm not into position to help you directly, but will stay some time off from PLEX market.


Anyway, this seems to be working, so the message is out there. I'm just the messenger for now. We'll see how it plays out.
flakeys
Doomheim
#29 - 2011-11-16 15:35:02 UTC  |  Edited by: flakeys
Weaselior wrote:
this is hilariously dumb and your avatar is hilariously sad and pathetic


Do you talk to yourself more often ?


At to the OP , i am REALLY curious if it is possible to drive it down for a full 24 hour , not to mention a full week.I'd guess impossible but please do prove me wrong here.

We are all born ignorant, but one must work hard to remain stupid.
Dream Five
Renegade Pleasure Androids
#30 - 2011-11-16 15:39:20 UTC
good volume at 489.9m. gaining good downward momentum. might push past below 480 afk resistance in a few hours.
Esan Vartesa
Samarkand Financial
#31 - 2011-11-16 15:49:37 UTC
What she's doing is basically spending the margin between equilibrium price and buy order price on killing the margin on the sell side. As was pointed out above, she's just creating volume to drive down margin on both ends, but she's sacrificing her profits on the sell side by aggressively lowering sell prices.

Done well, this is completely sustainable as she's actually making money on the buy side. This is how one effectively collapses a market's margins.

Good on you.
Dream Five
Renegade Pleasure Androids
#32 - 2011-11-16 15:55:04 UTC
good volume at 485. the spread is negative vs perfect comission+tax :)
Dream Five
Renegade Pleasure Androids
#33 - 2011-11-16 16:05:23 UTC  |  Edited by: Dream Five
Running at a slight loss to make things quicker. Might force the push past 480.
Doctor Ungabungas
Doomheim
#34 - 2011-11-16 16:21:39 UTC
Tell us how this is going to address the cause of the price spike?
Dream Five
Renegade Pleasure Androids
#35 - 2011-11-16 16:26:01 UTC  |  Edited by: Dream Five
Doctor Ungabungas wrote:
Tell us how this is going to address the cause of the price spike?


By creating downward pressure in a situation with maybe some existing upward pressure and excessive speculation.

The reality right now is, as a trader you cannot make money in the PLEX market :) (courtesy of myself)
Why would you put a buy order out for a PLEX as a trader? If traders are not buying plex the price will drop, one part of it due to people not being able to acquire to sell and the other part due to people being sick of sitting on their stocks not being able to sell and dumping those.
Weaselior
GoonWaffe
Goonswarm Federation
#36 - 2011-11-16 16:29:58 UTC
flakeys wrote:
Weaselior wrote:
this is hilariously dumb and your avatar is hilariously sad and pathetic


Do you talk to yourself more often ?


i suppose using a kindergarten level response and managing to mangle basic grammar makes sense

Head of the Goonswarm Economic Warfare Cabal Pubbie Management and Exploitation Division.
Dramaticus
State War Academy
Caldari State
#37 - 2011-11-16 16:36:56 UTC
nothing wrong with an avatar emphasizing **** or this business plan!

a+++++++++++ would buy from again

The 'do-nothing' member of the GoonSwarm Economic Warfare Cabal

The edge is REALLY hard to see at times but it DOES exist and in this case we were looking at a situation where a new feature created for all of our customers was being virtually curbstomped by five of them
flakeys
Doomheim
#38 - 2011-11-16 16:39:55 UTC
Weaselior wrote:
flakeys wrote:
Weaselior wrote:
this is hilariously dumb and your avatar is hilariously sad and pathetic


Do you talk to yourself more often ?


i suppose using a kindergarten level response and managing to mangle basic grammar makes sense


Ever checked your WOOHOOOO ICEMINERS DIE DIE DIE posts? What's the english term again , pot meet kettle ?

Mijn excuses voor het engels taalgebruik , het is niet mijn moedertaal.


We are all born ignorant, but one must work hard to remain stupid.
Tekota
The Freighter Factory
#39 - 2011-11-16 16:51:28 UTC
flakeys wrote:

Mijn excuses voor het engels taalgebruik , het is niet mijn moedertaal.


I've never quite been able to tell the difference between Dutch and drunk. When talking about flakeys of course, the distinction is even more (both literally and figuratively) blurry Big smile
Dream Five
Renegade Pleasure Androids
#40 - 2011-11-16 16:53:23 UTC
phew this is tiring, i need to get some sleep. but it can be done. we should organize and drive it down to 300m where it belongs :)