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Serpentis Gold Tag price up by 350%.
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Powie XIII
Center for Advanced Studies
Gallente Federation
#1 - 2011-12-19 12:37:01 UTC
Can someone explain to me the reason for the surge in prices ?

“They see me trollin', they hatin'”
Krios Ahzek
Royal Amarr Institute
Amarr Empire
#2 - 2011-12-19 14:53:12 UTC
Probably some margin trading scam

 Though All Men Do Despise Us
Riley Moore
Sentinum Research
#3 - 2011-12-19 15:03:36 UTC
Where's the troll image when you need it.

Basically, someone is making a lot of money right now. Bear

Large volumes of highly researched Ammo, drones, charges and ship bpo's. Biggest BPO store in EVE! https://forums.eveonline.com/default.aspx?g=posts&m=445524#post445524
Ghoest
#4 - 2011-12-19 16:18:28 UTC
Seriously who would even care except the manipulator? It could go up 10000% and it wouldnt matter because the voume is so small.

Wherever You Went - Here You Are
RubyPorto
RubysRhymes
#5 - 2011-12-19 19:14:14 UTC
Powie XIII wrote:
Can someone explain to me the reason for the surge in prices ?


Your market manip attempt?

"It's easy to speak for the silent majority. They rarely object to what you put into their mouths." -Abrazzar "the risk of having your day ruined by other people is the cornerstone with which EVE was built" -CCP Solomon
Sizeof Void
Ninja Suicide Squadron
#6 - 2011-12-19 23:07:15 UTC
What surge in prices? The price has been rather stable for the past couple of weeks.
EOH Lummox
Brothers ln Arms
#7 - 2011-12-22 17:13:33 UTC
All the Gold tag and the Crystal tags actually have a nominal value that is far higher than the values they trade at, owing to them being used in the FW shops to trade for faction frig/cruiser ships, eg to get a faction cruiser you either trade LP and a crystal tag, or LP and 2m ISK. This would nominally value the tag at slightly under 2m ISK.

However, because the tags have been dropping throughout most of the Eve period and have never had a use there are piles of them in most people's hangars.

Would be interesting to know if demand for them for the faction ships outstrips the drop rate, and how long it would take for the stockpiles to deplete. I imagine it would take many many years to clear out the stockpiles that exist even if demand outstrips supply.

Of course on that basis none of that is really that revelant, as said above its likely a manipulation attempt or linked to a margin trader scam.
Wyke Mossari
Staner Industries
#8 - 2011-12-22 21:05:17 UTC

They are also required by one of the data center agents.