Thanks Angry Unicorn Too for Making Trading Great Again

Nova Sky

Tell ZOS to improve the drop rates for tempers. That by itself would bring prices down to more reasonable levels.

They can do it. Heck, I believe it was done on the PS4 NA megaserver not too long ago with regard to kuta. It was dropping like candy from nodes. Now, not so much. But when it was dropping like crazy, so were kuta prices.

Wow

They need to delete this "Angry Unicorn Too" *** guild. First time I saw they spawned in Rawl'kha they were just selling overpriced Cheese and Lemons and nothing else.

AzraelKrieg

Wow wrote: »

They need to delete this "Angry Unicorn Too" *** guild. First time I saw they spawned in Rawl'kha they were just selling overpriced Cheese and Lemons and nothing else.

Maybe it's run by Sheogorath. Though I have to question, they were in Rawl'Kha selling overprice cheese and lemons, how did they get the gold in the first place to get a spot in Rawl'Kha without being associated with another, larger guild?

Bryanonymous

There is a much bigger issue on the PC/NA server than petty imposter guilds playing the market. I can't go into details, however ZoS admin really need to address the support tickets of the top trading GM's before more damage is done.

Emothic

puffytheslayer wrote: »

AzraelKrieg wrote: »

puffytheslayer wrote: »

HA

US PC players complaining that tempering alloys costing 8.5k

xbox EU current sale price is 18K+

We get it. The XB1 economy is stuffed entirely. Just keep in mind that we have tools to see the average price is where you don't and when something suddenly goes up with no real reason to have done so, it's usually traceable. Also, PC players tend to have more gold because our economies are far more stable than the console ones but nevertheless, 8.5k for tempering alloys is ridiculous at this stage of the game. First few months after guild traders were introduced maybe it would be understandable but not 2 years later. If anything they should be around the 5-7k mark

give us time, we'll get our economy sorted someday, were still recovering from the PC transfers who spent 9 months killing pigs!

That's not quite true. I'm not sure how it is on the EU side of Xbox, but on the NA side there really is no competition between zone and guild. Zone is forced to sell theirs cheaper because no one will buy them at guild prices. However the problem is that not many people can buy them from zone chat sellers, as there are many players there quickly buying any that comes in zone chat to resell at guild prices. And thus sends guild traders are buying from zone sellers, players are forced to buy from guild traders. This is a very common thing in the NA server. It pretty much goes for all resorce items.

Beardimus

It's a side point, but i dont understand why anyone buys from the big city traders, prices are terrible. And as for buying Gold mats why would you? You can get them free with a small amount of effort.

It guilds are being ***, just adapt, and leave them with no income.

Emothic

Anslay wrote: »

Ankael07 wrote: »

I dont understand. Whats the point of this whole monopoly? Some kind of sick fun?

This thread will be closed shortly, I'm sure, but I can't just pass without making the obvious statement:

Prices go up because of SUPPLY and DEMAND. There are way too many guilds and individuals that can post in those guilds / sell in zone chat for any type of 'cartel price manipulation' to happen. No one buying at higher prices is ever happy about such, but this is a free market and when supply is short and demand is high, prices WILL rise.

It's fun to make conspiracy theories, but use some logic and realize that no GM is telling 499 other people what to price their wares.I'm quite confident that if any GM tried such, that the outburst would make it to the forums and/or reddit with some hilarious details.

Actually it's not that hard to manipulate the market. Mournhold is the main trade area for the Ebonheart Pack for Xbox NA. There are a few major guilds that are always there. Which means that "trade relations" or "agreements" can be easily formed between those guilds in dictating on prices. Since those guilds always have a trader in that area it would be easy for them to set up a monopoly. So really all it would take is just two guilds talking to each other. One will say that they want to sell this item at a certain price and they would like the other guild to sell it at the same price as well. When all the other guilds in the area see that prices have gone up in the other two. Then the players in those guilds think that they can sell them for that price as well and start doing so. To put it simple. People are sheep, they are always willing to follow someone else when they think they can benfit from it too with little work.

AzraelKrieg

Beardimus wrote: »

It's a side point, but i dont understand why anyone buys from the big city traders, prices are terrible. And as for buying Gold mats why would you? You can get them free with a small amount of effort.

It guilds are being ***, just adapt, and leave them with no income.

Hence why my guild stays away from the general hub and prices the goods lower than what the addons say the average is

Emothic

Beardimus wrote: »

It's a side point, but i dont understand why anyone buys from the big city traders, prices are terrible. And as for buying Gold mats why would you? You can get them free with a small amount of effort.

It guilds are being ***, just adapt, and leave them with no income.

It's not just big city traders. I can go out in the middle of nowhere, on some random road, in a veteran PvE area. Where one single guild trader is, on some dirt path in the corner of the map, and they are still selling items at City prices.

zyk

The price of high demand items isn't on the rise because of market manipulation. It's Mudflation.

anitajoneb17_ESO

Anslay wrote: »

Ankael07 wrote: »

I dont understand. Whats the point of this whole monopoly? Some kind of sick fun?

This thread will be closed shortly, I'm sure, but I can't just pass without making the obvious statement:

Prices go up because of SUPPLY and DEMAND. There are way too many guilds and individuals that can post in those guilds / sell in zone chat for any type of 'cartel price manipulation' to happen. No one buying at higher prices is ever happy about such, but this is a free market and when supply is short and demand is high, prices WILL rise.

It's fun to make conspiracy theories, but use some logic and realize that no GM is telling 499 other people what to price their wares.I'm quite confident that if any GM tried such, that the outburst would make it to the forums and/or reddit with some hilarious details.

Agree.

The reason for the high prices is not any sort of conspiracy or exploit from any guild. The reason is in the 2.6. patch notes.

Peekachu99

And this is why the current system is non-sustainable and just bad. A universal auction house forces undercutting and competition. Yes, there will always be money moguls who camp out, scouring the market boards for commodities to buy low/ sell high, but the antiquated search tools prohibit that somewhat, and the net result would be a better system overall.

Edit: Console inflation is twice what you're mentioning on PC.

anitajoneb17_ESO

Peekachu99 wrote: »

And this is why the current system is non-sustainable and just bad. A universal auction house forces undercutting and competition. Yes, there will always be money moguls who camp out, scouring the market boards for commodities to buy low/ sell high, but the antiquated search tools prohibit that somewhat, and the net result would be a better system overall.

No.

I_killed_Vivec

Emothic wrote: »

Anslay wrote: »

Ankael07 wrote: »

I dont understand. Whats the point of this whole monopoly? Some kind of sick fun?

This thread will be closed shortly, I'm sure, but I can't just pass without making the obvious statement:

Prices go up because of SUPPLY and DEMAND. There are way too many guilds and individuals that can post in those guilds / sell in zone chat for any type of 'cartel price manipulation' to happen. No one buying at higher prices is ever happy about such, but this is a free market and when supply is short and demand is high, prices WILL rise.

It's fun to make conspiracy theories, but use some logic and realize that no GM is telling 499 other people what to price their wares.I'm quite confident that if any GM tried such, that the outburst would make it to the forums and/or reddit with some hilarious details.

Actually it's not that hard to manipulate the market. Mournhold is the main trade area for the Ebonheart Pack for Xbox NA. There are a few major guilds that are always there. Which means that "trade relations" or "agreements" can be easily formed between those guilds in dictating on prices. Since those guilds always have a trader in that area it would be easy for them to set up a monopoly. So really all it would take is just two guilds talking to each other. One will say that they want to sell this item at a certain price and they would like the other guild to sell it at the same price as well. When all the other guilds in the area see that prices have gone up in the other two. Then the players in those guilds think that they can sell them for that price as well and start doing so. To put it simple. People are sheep, they are always willing to follow someone else when they think they can benfit from it too with little work.

While it might be easy to set that up, it is trivial to circumvent it - don't buy gold tempers in Mournhold.

All of a sudden the sellers won't make any sales, their stock will languish for 30 days unsold before eventually being returned to the seller (minus the listing fee). Prices go down... supply and demand.

Meanwhile people find that gold tempers can be obtained for free by crafting - refining materials, doing writs,...

You can pay the asking price in Mournhold, shop around for a better deal elsewhere, or get your own for free. The choice is yours.

Johngo0036

puffytheslayer wrote: »

HA

US PC players complaining that tempering alloys costing 8.5k

xbox EU current sale price is 18K+

PC EU price for tempering alloy is at around 11k now.

Abeille

I noticed the price increase, but I thought it was just people hoarding it before Update 12 (lots of sets will be farmable in the open world and stuff). "Pre-patch Panic".

Waseem

price in PC EU is 11k for tempering alloy
there are people everywhere trying to buy the yellow upgrade mats for 1k lower than MM prices in prepartion to sell them for 15k when one tamriel hits live
ZOS FIX THIS!!

double the drop rate for the yellow upgrading materials from all resources
this will help greatly in halving the price..

Shad0wfire99

This has become the norm on XBox NA. Everyone will either ignore the obvious, or they will lecture you about "supply and demand." Apparently, nefarious market manipulation is too complicated in this system, and therefor "impossible," according to most.

Personofsecrets

Aaru wrote: »

susmitds wrote: »

Seriously trading guilds making multiple versions just to manipulate market prices are getting out of hand. ZOS needs to introduce some market price control.

"Angry Unicorn Too" is NOT associated with "Angry Unicorn Traders".

They are just total *** that are trying to ruin a great guilds reputation!

When I saw "Angry Unicorn Too", the only thing they had for sale was overpriced cheese.
Stinky cheese... totally appropriate for Angry Unicorn Too!

They are trying to ruin the reputation of another guild? Another guild that randomly snipes other established guild trading posts from week to week? How does one ruin the reputation of a guild like that?

Cherryblossom

AzraelKrieg wrote: »

Rohamad_Ali wrote: »

What are they doing ?

They pretty much exist to be a "trade cartel" along with a parent guild. However, unlike other "trade cartels" such as ESE and Etheral Traders, their sole goal appears to be gouging the prices of items to create inflation and skewing the data the addons like Master Merchant collect. As it is, I think Tempering Alloys have skyrocketed to about 8-8.5k in the last week alone which is bleeding through nearly every guild out there. Columbine was sitting about 350-400g a piece until a few weeks ago when it suddenly shot up to 550-700g a piece. Though them doing this is actually causing me and my guild to have good business mainly because we tend to stick to the firmer set prices, and I tend to sell below the price MM gives me meaning my stuff sells a lot faster in a location that doesn't have nearly the same amount of traffic as somewhere like Mournhold and Rawl'kha have.

Obviously you are quite wrong, we have been told since launch that this can only happen with Auction houses.

anitajoneb17_ESO

Be careful guys, salt is also subject to supply and demand. Price increase in sight.

Roogen

AzraelKrieg wrote: »

puffytheslayer wrote: »

HA

US PC players complaining that tempering alloys costing 8.5k

xbox EU current sale price is 18K+

We get it. The XB1 economy is stuffed entirely. Just keep in mind that we have tools to see the average price is where you don't and when something suddenly goes up with no real reason to have done so, it's usually traceable. Also, PC players tend to have more gold because our economies are far more stable than the console ones but nevertheless, 8.5k for tempering alloys is ridiculous at this stage of the game. First few months after guild traders were introduced maybe it would be understandable but not 2 years later. If anything they should be around the 5-7k mark

I call bs on that, your economy may have cheaper prices but it doesn't mean you guys have more gold. I've been playing for ALMOST 3 months and I have close to 15mil gold. Our over priced Traders is a gold mine for trial farmers.

Milvan

Even tho it gets a lot of hate from the regular casual-solo scrolls player, I love the guild trade system because they actually gives opportunity to people to create cartels. It's awesome because it gives people a reason to group up instead of only doing pve and pvp content.

medusasfolly

I don't understand why people complain about the prices of mats.

a) everyone can get them. They can be harvested, they can be obtained through writs, they can be obtained through the hirelings. Not using any of these methods is a choice. It's not as if guild traders are the only players that can obtain mats.

b) the market will bear what the consumer is willing to pay for. If the consumer stops buying, the price of the items WILL go down. If prices are unacceptable, then don't buy. Speak with your wallet. If an item expires, the smart trader will reduce the price.

As for auction houses, I think people spouting that the prices would be reasonable are being a bit unrealistic. From a buyer perspective, I'm sure that would be fantastic. But realize that in order for that to work, people actually have to SELL. If sellers aren't getting the price level to justify parting with their mats, they'll stop selling. It's hard to find a deal if there is no product for sale. When the crafting bag came out, there was a distinct drop in alchemy mats being offered. An auction house would only exasperate that situation. It's extremely easy now to just horde mats. There is no reason, other than profit, to part with them. If the profit gets cut in half, so does the motivation to actually sell.

And the price fixing? That's crazy talk.

Ch4mpTW

medusasfolly wrote: »

I don't understand why people complain about the prices of mats.

a) everyone can get them. They can be harvested, they can be obtained through writs, they can be obtained through the hirelings. Not using any of these methods is a choice. It's not as if guild traders are the only players that can obtain mats.

b) the market will bear what the consumer is willing to pay for. If the consumer stops buying, the price of the items WILL go down. If prices are unacceptable, then don't buy. Speak with your wallet. If an item expires, the smart trader will reduce the price.

As for auction houses, I think people spouting that the prices would be reasonable are being a bit unrealistic. From a buyer perspective, I'm sure that would be fantastic. But realize that in order for that to work, people actually have to SELL. If sellers aren't getting the price level to justify parting with their mats, they'll stop selling. It's hard to find a deal if there is no product for sale. When the crafting bag came out, there was a distinct drop in alchemy mats being offered. An auction house would only exasperate that situation. It's extremely easy now to just horde mats. There is no reason, other than profit, to part with them. If the profit gets cut in half, so does the motivation to actually sell.

And the price fixing? That's crazy talk.

...? Are you serious?

Wow

the dummy troll guild has been banished from rawl kha.

medusasfolly

Ch4mpTW wrote: »

...? Are you serious?

As a heart attack, bruh.

Peekachu99

medusasfolly wrote: »

I don't understand why people complain about the prices of mats.

a) everyone can get them. They can be harvested, they can be obtained through writs, they can be obtained through the hirelings. Not using any of these methods is a choice. It's not as if guild traders are the only players that can obtain mats.

b) the market will bear what the consumer is willing to pay for. If the consumer stops buying, the price of the items WILL go down. If prices are unacceptable, then don't buy. Speak with your wallet. If an item expires, the smart trader will reduce the price.

As for auction houses, I think people spouting that the prices would be reasonable are being a bit unrealistic. From a buyer perspective, I'm sure that would be fantastic. But realize that in order for that to work, people actually have to SELL. If sellers aren't getting the price level to justify parting with their mats, they'll stop selling. It's hard to find a deal if there is no product for sale. When the crafting bag came out, there was a distinct drop in alchemy mats being offered. An auction house would only exasperate that situation. It's extremely easy now to just horde mats. There is no reason, other than profit, to part with them. If the profit gets cut in half, so does the motivation to actually sell.

And the price fixing? That's crazy talk.

Prices of a gold temper have gone from 3-5K (reasonable) to 13-15K (ridiculous). That's a 300% inflation in a year, which is absurd and driven entirely by the current, broken trading system. People would sell more AND buy more if the prices were cheaper. Period. People buy cheap things, that's one of the founding principles of a healthy economy. There are literally no sales in Tamriel, ever, except for the off-chance that some dimwit lists an item or temper at the remotest guild trader possible and you just happen to be around to buy it.

Nothing about the current system is sustainable or sensible.

ZOS_Ragnar

This thread has been closed. Publicly calling out a group of players (in this case a guild) for the sole purpose of shaming them is a violation of the forum rules. We feel that publicly calling out others by name on our forums is not in spirit of the game or our community. If you would like to continue to discuss the economic status on NA Megaserver without the "naming and shaming" feel free to create a new thread on that topic.