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Why do people put up Sells 0.01 isk above Buys?
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Callduron
Dreddit
Test Alliance Please Ignore
#1 - 2013-01-20 03:56:04 UTC  |  Edited by: Callduron
I sometimes see this on the Market and I don't quite see why people do it:

SELL
Widgets _100__19999.99
_________75__19999.98
_________12__19999,97
__________2__15000.01

BUY
Widgets_1000__15000.00

Is it simply to get careless people to put up sell orders at 15k and thus automatically sell to the buy order?

I write http://stabbedup.blogspot.co.uk/

I post on reddit as /u/callduron.
Varius Xeral
Doomheim
#2 - 2013-01-20 04:00:27 UTC
they're selling at the price of the highest buy order, but not checking to see if there's enough to clear all they're selling. The rest then gets put up as sells at that price. It didn't use to do that until around 1-2 years ago.

Official Representative of The Nullsec Zealot Cabal
Candy Oshea
Techfree Investment Group
#3 - 2013-01-20 08:51:18 UTC
The person selling the item had a stack higher than what the buy quantity was and used an "advanced/expanded sell order window" with time set to "immediate" was clicked thru.

The difference in qty;s then gets listed at that sell price automatically, as the person used the advanced window, rather than quick sell/simple.

iCandy  - I have accidently swallowed some Scrabble tiles, my next shit could spell disaster!
Varius Xeral
Doomheim
#4 - 2013-01-20 09:53:07 UTC
Candy Oshea wrote:
The person selling the item had a stack higher than what the buy quantity was and used an "advanced/expanded sell order window" with time set to "immediate" was clicked thru.

The difference in qty;s then gets listed at that sell price automatically, as the person used the advanced window, rather than quick sell/simple.


trying to upstage me

:P

Official Representative of The Nullsec Zealot Cabal
Wyke Mossari
Staner Industries
#5 - 2013-01-20 10:14:29 UTC
Candy Oshea wrote:
The person selling the item had a stack higher than what the buy quantity was and used an "advanced/expanded sell order window" with time set to "immediate" was clicked thru.

The difference in qty;s then gets listed at that sell price automatically, as the person used the advanced window, rather than quick sell/simple.


I think you mean without being set to immediate.
Candy Oshea
Techfree Investment Group
#6 - 2013-01-20 10:34:58 UTC
Wyke Mossari wrote:
Candy Oshea wrote:
The person selling the item had a stack higher than what the buy quantity was and used an "advanced/expanded sell order window" with time set to "immediate" was clicked thru.

The difference in qty;s then gets listed at that sell price automatically, as the person used the advanced window, rather than quick sell/simple.


I think you mean without being set to immediate.


correct, thanks.

iCandy  - I have accidently swallowed some Scrabble tiles, my next shit could spell disaster!
Vaerah Vahrokha
Vahrokh Consulting
#7 - 2013-01-20 11:17:16 UTC
Yesterday it was fun. A guy did this mistake with a massive T2 material sell order with a spread of 4k between buys and sells (35% of the price per unit). He has lost some billions over this.

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Callduron
Dreddit
Test Alliance Please Ignore
#8 - 2013-01-20 15:51:11 UTC
Thanks very much everyone.

I write http://stabbedup.blogspot.co.uk/

I post on reddit as /u/callduron.
Ymir Esubria
Brigandage
#9 - 2013-01-20 18:43:10 UTC
I thought it was to get blind 0.01 iskers to undercut him, thereby selling to his own buy order. Regardless of reason, I make a point to buy those items.

Psychotic Monk for CSM.

http://belligerentundesirables.wordpress.com/2013/03/04/psychotic-monk-for-csm/
Alex Grison
Grison Universal
#10 - 2013-01-20 18:58:04 UTC
Ymir Esubria wrote:
I thought it was to get blind 0.01 iskers to undercut him, thereby selling to his own buy order. Regardless of reason, I make a point to buy those items.



We have a winner.

yes
Ish Nael
Infernal Armada Collegia
#11 - 2013-01-20 22:28:49 UTC
Sneaky, sneaky! You'd really have to be half a sleep not to notice though.
Barakach
Caldari Provisions
Caldari State
#12 - 2013-01-22 17:44:22 UTC
Candy Oshea wrote:
The person selling the item had a stack higher than what the buy quantity was and used an "advanced/expanded sell order window" with time set to "immediate" was clicked thru.

The difference in qty;s then gets listed at that sell price automatically, as the person used the advanced window, rather than quick sell/simple.


The other difference is that person paid a brokers fee when they didn't need to.
Dr Evil Cioran
#13 - 2013-01-22 23:35:26 UTC
Another explanation is people set sell orders like that to stop market bots changing their orders. At least this was the single best tactic before the great market bot purge. Bad set up bots would underbid your low priced sell orders and you could make a fortune if you had the eye for it.
Media Jessup
Nuka-Cola
#14 - 2013-01-23 07:33:59 UTC
It also happens when someone gets p***** off cause he keeps getting undercut by 0.01 isk. So he sets his order to 0.01 isk above the buy order and rages "HA 0.01 isk THAHT!".
You're no daisy... You're no daisy at all!
Callduron
Dreddit
Test Alliance Please Ignore
#15 - 2013-01-23 15:50:19 UTC
Media Jessup wrote:
It also happens when someone gets p***** off cause he keeps getting undercut by 0.01 isk. So he sets his order to 0.01 isk above the buy order and rages "HA 0.01 isk THAHT!".


That's a wonderful theory!

I write http://stabbedup.blogspot.co.uk/

I post on reddit as /u/callduron.
Alex Grison
Grison Universal
#16 - 2013-01-23 17:48:36 UTC
Media Jessup wrote:
It also happens when someone gets p***** off cause he keeps getting undercut by 0.01 isk. So he sets his order to 0.01 isk above the buy order and rages "HA 0.01 isk THAHT!".



Yeah, people really do this. I had one person convo me after doing this, essentially saying

"HA, NOW I WILL BE THE NEXT PERSON TO SELL AND THERE IS NOTHING YOU CAN DO ABOUT IT"


He was right, as I immediately purchased his goods and put them back up at the "right" price.

yes
sabre906
The Scope
Gallente Federation
#17 - 2013-01-23 18:38:20 UTC
Vaerah Vahrokha wrote:
Yesterday it was fun. A guy did this mistake with a massive T2 material sell order with a spread of 4k between buys and sells (35% of the price per unit). He has lost some billions over this.


The guy already intended to lose the isk. It just took a bit longer for him to lose it than he had planned.Smile