These forums have been archived and are now read-only.

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

Player Features and Ideas Discussion

 
  • Topic is locked indefinitely.
 

Make market speculation more fair

First post
Author
Previous Topic Next Topic
Malcanis
Vanishing Point.
The Initiative.
#101 - 2015-05-07 15:12:48 UTC
Ripard Teg wrote:
So today, we had a new EVE Online record: two major multi-billion ISK market speculation opportunities on the same day... and like virtually all market speculation opportunities in EVE, they were open to EUTZ players only. USTZ players that had to work, AUTZ players that were asleep? Locked out.

The second one today, the CA-3/CA-4 implant announcement, was particularly nasty because a few dozen people were out there with multi-billion buy orders that got themselves bent over a table by CCP today (no, I wasn't one, thank Heaven). Those poor souls won't be recouping their multi-billion ISK investments until EVE is 20 years old, if then. And in the case of the SKINs announcement and the BPO mineral doubling announcement, USTZ and AUTZ players were locked out of multi-trillion ISK market speculation opportunities.

So, here's a very simple fix which CCP can implement to make market speculation a little more fair across time zones:

When CCP is about to announce a change to module, part, or ship X, CCP should cancel all buy and sell orders for that module, part, or ship.

That puts control of commodities back in the hands of whom it quite literally belongs: the sellers. As we saw today, even the short-term impact of this change would be minimal to non-existent. The market would correct within minutes. And it would give all TZs a chance to participate.


"The value of your investments may go down as well as up"

Why should ccp underwrite speculation risk?

"Just remember later that I warned against any change to jump ranges or fatigue. You earned whats coming."

Grath Telkin, 11.10.2016
Corraidhin Farsaidh
Federal Navy Academy
Gallente Federation
#102 - 2015-05-07 15:16:25 UTC
If people took a gamble and lost then that's tough, no bookies will give you your money back if you lose!
Felix Judge
Regnum Ludorum
#103 - 2015-05-07 15:33:46 UTC  |  Edited by: Felix Judge
Zappity wrote:
No. I made 2b on the module changes while I was asleep (AUTZ). I had planned and was prepared. If the opportunity is over in mere minutes then you really need to be set up beforehand.

If you had planned and were prepared for what OP is describing, then you either made an extremely lucky guess about which item would be affected / selected as a birthday gift, or you had insider information beforehand.
McChicken Combo HalfMayo
The Happy Meal
#104 - 2015-05-07 16:01:17 UTC
I think you've all missed the point. The issue is that CCP are torturing market speculators.

There are all our dominion

Gate camps: "Its like the lowsec watercooler, just with explosions and boose" - Ralph King-Griffin
Michael Ignis Archangel
Deep Core Mining Inc.
Caldari State
#105 - 2015-05-07 16:59:07 UTC
Daichi Yamato wrote:
An announcement has to go out at some point, and when it does, someone is going to be in bed, DT included. Are we now suggesting devs stay up at night to wait to press a 'submit' button?

If people put up a buy order for several bil on an implant, that means they want to buy that implant at that price. EVE isnt the kind of game that protects people from themselves.

Speculation is risky.


This guy also gets it.
Zappity
New Eden Tank Testing Services
#106 - 2015-05-07 20:34:11 UTC
Felix Judge wrote:
Zappity wrote:
No. I made 2b on the module changes while I was asleep (AUTZ). I had planned and was prepared. If the opportunity is over in mere minutes then you really need to be set up beforehand.

If you had planned and were prepared for what OP is describing, then you either made an extremely lucky guess about which item would be affected / selected as a birthday gift, or you had insider information beforehand.

Don't be silly. The afterburner and MWD changes were announced as being the next up at fanfest. I had already accumulated (preparation) several thousand of what I thought would be the best bets (speculation) and I simply listed them at a price I was confident would be part of the spike without being too concerned about hitting the peak (not greedy).

Now, had I been awake when the announcement happened then I would have bought loads of certain dead space variants and made significantly more. But I wasn't, so I didn't.

Zappity's Adventures for a taste of lowsec and nullsec.
Zan Shiro
Doomheim
#107 - 2015-05-07 23:16:12 UTC
Kaarous Aldurald wrote:
Vash Bloodstone wrote:

but what about those people who had worked long hours to attain those items beforehand?


Are you unaware of where CA 3s and 4s come from?

They didn't work for a damned thing.


Quote:

Yes, speculation is risky between players, but we as players expect everyone to play by the same rules and mechanics.


And you as players should have realized that there was NEVER any guarantee against the further release of those items. Nor should there have been, merely for the sake of some people trying to squeeze out a few more iskies from an "unnatural" (as you would put it) scarcity of a limited edition item.

They gambled, they lost. Working as intended.

The end.




This. Now to save this thread flaring up again later all you speculators please remember to pull your gecko orders. I'd not be surprised if in the next year or 2 around a major event (b-day or x-mas/new years) we saw some of these dropped.

Or the CA-1/2's (ccp bounces between these 2 iirc).


CCP is just between a rock and hard place here really. Give "crap" items for major events...players whine about crap no one wants. Gives good items..players whine about speculation bubbles and missing them.


Sadly CCP's best option here is to stop giving us nice stuff on major events really. That way no-one gets the shaft on speculation. Or they can go speculate on items like one unit of lag lol.


I say this as a Asia/oceanic tz player. I miss many great things. in this game and others. you accept and move on really.