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Weird behavior on the market
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Sheeth Athonille
Rabid Dogz Mining
#21 - 2015-12-02 23:04:26 UTC
Aleare Spinechiller wrote:
(I also on occasion buy from more expensive orders for the same reason if I can tell they aren't actively competing by .01 isk, I mean they end up costing less than a million more and that's insignificant)


Just wanted to interject, umm how are you doing that?
Elizabeth Norn
Nornir Research
Nornir Empire
#22 - 2015-12-02 23:19:08 UTC
Sheeth Athonille wrote:
Aleare Spinechiller wrote:
(I also on occasion buy from more expensive orders for the same reason if I can tell they aren't actively competing by .01 isk, I mean they end up costing less than a million more and that's insignificant)


Just wanted to interject, umm how are you doing that?


You can't, all they are doing is giving more ISK to the people who are undercutting Bear.

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Cista2
EVE Museum
#23 - 2015-12-03 07:11:46 UTC  |  Edited by: Cista2
Teckos Pech wrote:
You poo-pooed the idea of profit maximization, but then you write this, "Everybody always seeks to do the most profitable for themselves in the long run."
I was giving you the benefit of the doubt, but can you really not fathom the difference between maximising the profit per unit on the item that you are currently selling, and selling it for a lower price when that is the most profitable for you in the long run?.

By now I fully expect you to not even try and understand what I have just written and just answer with some attempted insult and another eyeroll icon. You won't get me to repeat myself even more times though, as I am putting you on ignore now :)

My channel: "Signatures" -
Cista2
EVE Museum
#24 - 2015-12-03 07:19:49 UTC  |  Edited by: Cista2
Cpt'Spoony wrote:
If I'm playing the 0.1 game on the market and you drop the price by a larger amount, guess what.. we just -0.1 that price and carry on as usual.
Oh I wish that was the spirit for more of your brotherhood dear sir, then we would not have these identical 0.01 ISKer threads appearing here every week, whining over how they can not make profit on this and this item. And I would get less hate mail :)

Anyway you should remember, when someone makes drastical price reductions, it is not necessarily to harass you or even to compete with you. It can be they just wish to sell the goods most effectively and are not in the game very much. That is certainly the case with me - and often the next step for me will be to sell directly to the buy orders if I am being repeatedly 0.01 ISked. You may not even notice that this is what happens, if you are busy with the other 0.01 ISKers.

My channel: "Signatures" -
Teckos Pech
Hogyoku
Goonswarm Federation
#25 - 2015-12-05 04:05:04 UTC
Cista2 wrote:
Teckos Pech wrote:
You poo-pooed the idea of profit maximization, but then you write this, "Everybody always seeks to do the most profitable for themselves in the long run."
I was giving you the benefit of the doubt, but can you really not fathom the difference between maximising the profit per unit on the item that you are currently selling, and selling it for a lower price when that is the most profitable for you in the long run?.

By now I fully expect you to not even try and understand what I have just written and just answer with some attempted insult and another eyeroll icon. You won't get me to repeat myself even more times though, as I am putting you on ignore now :)


Did I say maximizing profit per unit? No, I did not. I do not need to insult you, you've done a fine job of insulting yourself.

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek

8 Golden Rules for EVE Online
Traider Jane
Bits and Bobs
#26 - 2015-12-07 03:43:46 UTC
Teckos Pech wrote:
Don Pera Saissore wrote:
Degnar Oskold wrote:
I do this to troll all the 0.01 iskers. I don't care about the money I lose, I like the feeling that knowing that others are whining in private (and some take it public).


No one is wining, you just crash the price. You didnt stop anyone from selling, the price is still higher then in other trade hubs. No tears were harvested.


Sure someone is "winning". All those people buying at a lower price than they otherwise would have bought at.



Yeah, people are winning but most of them are people like you "Waaaa he 0.01 ISK'ed me!!!1!!!!"
Teckos Pech
Hogyoku
Goonswarm Federation
#27 - 2015-12-08 06:03:56 UTC
Traider Jane wrote:
Teckos Pech wrote:
Don Pera Saissore wrote:
Degnar Oskold wrote:
I do this to troll all the 0.01 iskers. I don't care about the money I lose, I like the feeling that knowing that others are whining in private (and some take it public).


No one is wining, you just crash the price. You didnt stop anyone from selling, the price is still higher then in other trade hubs. No tears were harvested.


Sure someone is "winning". All those people buying at a lower price than they otherwise would have bought at.



Yeah, people are winning but most of them are people like you "Waaaa he 0.01 ISK'ed me!!!1!!!!"



I don't trade, so whatever. Roll

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek

8 Golden Rules for EVE Online
Jerry T Pepridge
Meta Game Analysis and Investment INC.
#28 - 2015-12-08 07:22:48 UTC
Teckos Pech wrote:

I don't trade, so whatever. Roll


Walter Peck: Because I'm curious. I wanna know more about what you do here! Frankly, I've heard alot of wild stories in the media and we want to assess any possibility of dangerous and possibly hazardous waste chemicals in your basement.
[Peck is angered]

@JerryTPepridge
P'tank
University of Caille
Gallente Federation
#29 - 2015-12-08 10:33:07 UTC
On a local market traders and producers meet eachother.

When a trader is able to buy below production cost, he will be able to lower the price up to a point the producer is unable to sell with a profit.
The same thing works for a producer if he is able to produce below buy cost.

When either one of them wants to unload some goods without much effort or make sure competition will search for other oppertunities, it is possible the price is lowered in big chuncks for a good reason.


All in all, it's nice to **** others off. It's called market pvp.
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