Market Discussions

The Men’s ‘Sterling’ Dress Shirt (Ishukone Special Edition) was trading for between 800 and 2.2billion before DT today, there was only about 20 floating around on the markets at the time, so they were much rarer than monocles, (I know one single trader was buying and selling about 6) anyway after DT today I noticed that CCP had placed these supposedly ‘Special’ shirts on the Noble exchange for a paltry 500 Aur each!

Based on this well thought out adjustment each would now be value (based on Aurum Tokens) at about 50million each tops. This trader was placing buy orders at around 800mil in Jita so whichever way you look at it he’s lost 4.5billion but probably more since all the buy orders were filled within minutes of the servers going up by the first traders that realised the mistake, I don't think he logged on in time to cancel them, lol.

Recently some of the shirts had actually been bought in Jita for around the 2.2bil mark so I suspect that those fashionistas are now less than happy when they soon see every other scrub wearing the same shirts at a fraction of the original comparable cost.

The original shirts were given out as part of a Plex promotion and the implication from CCP at the time was that these shirts were ‘Special’ and I guess some people thought that also meant ‘Limited’ it now appears they were never ‘Special’ or 'Limited at all.

And no I wasn’t ‘that’ trader but it has made me realise that the Noble Exchange is already messed up with the original launch items costing a ton more than these recently added items and I do wonder if this will be reflected eventually in their market value, since CCP cannot now devalue them for fear of upsetting those who bought some of the Noble Exchanges launch apparel?

The weird thing is that when WiS finally happens the richest players will actually be walking around wearing the oldest rags, nice one CCP.

I have been watching these shirts rise to ridiculous prices for some time now and laughed my ass off when I checked the price this morning and realized they were in the NEX store now. Somebody really got the screws put to them. I've never seen a price graph as completely vertical as the one for these shirts.

Clothing futures, not such a secure market.

I had a gut feeling about the NEX store when it opened up, Now it seems like their bringing down the prices to actually realistic levels, perhaps items will start selling now, perhaps their paving the way to micro transactions when our guard is down.

Perhaps I should keep my trap shut and not be the first.. but whatever still just a game at the end of the day.

No one who was outraged about Incarna was outraged about microtransactions, they were outraged at the possibility of microtransactions for any sort of "play to win" scenario - "gold ammo" or what have you.

So basically who cares if they bring in other microtransactions, so long as they're limited to cosmetic **** only.

Maybe it's time to sell my monocle stockpile before CCP brings out a tech 2 monocle that sells for 300 AUR and is slightly shinier than the existing one.

I agree. I feel naked without my hat.

I logged on as soon as DT in time to cancel a few buy orders, but couldn't dump my inventory so got stuck with a ton of stuff that dropped in value in mere minutes. Despite being a new player and having a good chunk of my ISK from a small stack of cash bought PLEX I am not upset.

I bought PLEX specifically for apparel items, and while I am not sure if some ISK leaked into my other spending I don't have any fancy Navy or faction versions of ships and only have a couple of "01" hardwire implants since I don't want to pay to win, but love the fashion side of the game.

While my Executioner R/G dropped from about a PLEX in value to almost nothing I didn't feel all that bad, since I wasn't intending on selling it more the ISK and was more than willing to spend 400m ISK on it for its value to me, instead of any investment or rarity value. I actually didn't even buy it until I had completed my NEX collection (minus the monocle) and Quafe shirts. The actual ISK value of an item once you have bought it is only a factor if you want to sell it, or think it as a status symbol.

The new pricing schemes are actually great even if my stuff is less valuable. There is no way I could have afforded the ten new items available for my character if they were released at about 3000 AUR a piece, Rather than barely being able to afford a couple items, I ended up buying all ten NEX items for about the price of what I "lost" on the Executor. I understand how this could suck if you bought apparel for the purpose of making money, or if you horded stacks of items, but a general drop in apparel prices should have been anticipated with all the announcements of lower NEX prices.

With 200 items ready to roll I don't know why CCP decided to recycle already released items, and their pricing schemes are cryptic, I still don't know why a Navy colored shirt costs as much as a stack of Olive colored ones, or why the amazing leather skirt wasn't part of the 500 AUR bracket while the Avenue shirts were not in the 100 AUR bracket. Either way I am sure that the skirt will end up selling for more ISK than the Avenues even if more players buy (with AUR) the skirts.

I think what it comes down to is that you shouldn't invest in something that you can't directly enjoy. The apparel market I believe will always be a volatile one especially if things go out of print, and as WiS develops or doesn't. It will always be risky to buy a stack of clothing items for cash reasons especially since graphics can even change and usage might increase or not. Buy clothes to wear, especially the new stuff which is affordable and looks great!

One could foresee this outcome based on what happened with the NEX rollout.

Amazing there is people who weren't expecting a price adjustment and devaluation once the NEX issue was out of player's minds. Keeping the old NEX store items at previous prices was the bigger surprise here.

Note entirely sure why Ishukone cloths would somehow become limited edition, it's not like faction ships BPC's are limited. Something like Pax Ammar on the other hand...

The only successful speculator is the speculator who hasn't yet lost his bankroll. Like visiting the craps table, you succeed until you fail. Fundamentally, there's no way to beat a zero sum game.