Your price manipulation REPORT...

erliesc

Thought I'd look at the price history for most of the mats that have risen in price lately....while the history is still there.

Facts: Most are Furnishing Mats...

There one where there is at least an attempt is Hemming (Clothing mat) which has gone from ~18 to 22 recently. On a chart you can see a series of BUYs at 60 ~ 3xs the original avg. Continuing.

Bast...orig avg = 14-15 current avg = 77 5.5xs the price

Regulus...orig avg = 12 current avg = 50 4.15xs the price

Dec wax...orig avg = 280 current avg = 313 1.1xs the price

Heartwood...orig avg = 30 current avg = 271 9xs the price

So WHEN are these prices going to magically drop back to their original prices as some predict??? When those who've cornered the market run out of stock???

In the meantime many are paying out way too much for mats....

tmbrinks

erliesc wrote: »

Thought I'd look at the price history for most of the mats that have risen in price lately....while the history is still there.

Facts: Most are Furnishing Mats...

There one where there is at least an attempt is Hemming (Clothing mat) which has gone from ~18 to 22 recently. On a chart you can see a series of BUYs at 60 ~ 3xs the original avg. Continuing.

Bast...orig avg = 14-15 current avg = 77 5.5xs the price

Regulus...orig avg = 12 current avg = 50 4.15xs the price

Dec wax...orig avg = 280 current avg = 313 1.1xs the price

Heartwood...orig avg = 30 current avg = 271 9xs the price

So WHEN are these prices going to magically drop back to their original prices as some predict??? When those who've cornered the market run out of stock???

In the meantime many are paying out way too much for mats....

They're still high from the New Life event. Because the Writs required the use of those materials. They've been on a slow steady decline back to the mean since then.

It's not a big conspiracy, a cartel, or whatever else you want to call it.

This isn't a TV show.

erliesc

"This isn't a TV show."

No it's a game and it involves people. So guess what?

The show I like the most (NOT) is the Worlds Biggest Loser show currently playing on the east coast.

tmbrinks

erliesc wrote: »

"This isn't a TV show."

No it's a game and it involves people. So guess what?

The show I like the most (NOT) is the Worlds Biggest Loser show currently playing on the east coast.

I don't get it... is this meant to be an insult? Calling me a loser? Because that's a great way to get your point across. Conspiracy theories, insults, and non-sensical statements.

idk

tmbrinks wrote: »

erliesc wrote: »

Thought I'd look at the price history for most of the mats that have risen in price lately....while the history is still there.

Facts: Most are Furnishing Mats...

There one where there is at least an attempt is Hemming (Clothing mat) which has gone from ~18 to 22 recently. On a chart you can see a series of BUYs at 60 ~ 3xs the original avg. Continuing.

Bast...orig avg = 14-15 current avg = 77 5.5xs the price

Regulus...orig avg = 12 current avg = 50 4.15xs the price

Dec wax...orig avg = 280 current avg = 313 1.1xs the price

Heartwood...orig avg = 30 current avg = 271 9xs the price

So WHEN are these prices going to magically drop back to their original prices as some predict??? When those who've cornered the market run out of stock???

In the meantime many are paying out way too much for mats....

They're still high from the New Life event. Because the Writs required the use of those materials. They've been on a slow steady decline back to the mean since then.

It's not a big conspiracy, a cartel, or whatever else you want to call it.

This isn't a TV show.

Yep, When people find more need for items they buy the cheapest listing leaving the more expensive ones. Smart players list an item just below the lowest priced one. So the price will come down slowly.

OP claims there is price manipulation but has not said one thing to actually back that up. Merely that prices increased.

Siohwenoeht

tmbrinks wrote: »

erliesc wrote: »

Thought I'd look at the price history for most of the mats that have risen in price lately....while the history is still there.

Facts: Most are Furnishing Mats...

There one where there is at least an attempt is Hemming (Clothing mat) which has gone from ~18 to 22 recently. On a chart you can see a series of BUYs at 60 ~ 3xs the original avg. Continuing.

Bast...orig avg = 14-15 current avg = 77 5.5xs the price

Regulus...orig avg = 12 current avg = 50 4.15xs the price

Dec wax...orig avg = 280 current avg = 313 1.1xs the price

Heartwood...orig avg = 30 current avg = 271 9xs the price

So WHEN are these prices going to magically drop back to their original prices as some predict??? When those who've cornered the market run out of stock???

In the meantime many are paying out way too much for mats....

They're still high from the New Life event. Because the Writs required the use of those materials. They've been on a slow steady decline back to the mean since then.

It's not a big conspiracy, a cartel, or whatever else you want to call it.

This isn't a TV show.

Required a lot of mats... Supply and demand is what I see. Regular crafting mats are back down to barely worth selling, the furniture mats will follow suit. They seem to lag behind due to people getting furnishing recipes for new content etc. Just takes longer for the prices to lower.

Inaya

Well, don't buy them, farm them like the people you accuse of price fixing. Time is worth something and you are going to pay more for things you don't want to take the time to get yourself when demand is high. Personally for the time it takes to farm mats I think most are too inexpensive.

doomette

Siohwenoeht wrote: »

tmbrinks wrote: »

erliesc wrote: »

Thought I'd look at the price history for most of the mats that have risen in price lately....while the history is still there.

Facts: Most are Furnishing Mats...

There one where there is at least an attempt is Hemming (Clothing mat) which has gone from ~18 to 22 recently. On a chart you can see a series of BUYs at 60 ~ 3xs the original avg. Continuing.

Bast...orig avg = 14-15 current avg = 77 5.5xs the price

Regulus...orig avg = 12 current avg = 50 4.15xs the price

Dec wax...orig avg = 280 current avg = 313 1.1xs the price

Heartwood...orig avg = 30 current avg = 271 9xs the price

So WHEN are these prices going to magically drop back to their original prices as some predict??? When those who've cornered the market run out of stock???

In the meantime many are paying out way too much for mats....

They're still high from the New Life event. Because the Writs required the use of those materials. They've been on a slow steady decline back to the mean since then.

It's not a big conspiracy, a cartel, or whatever else you want to call it.

This isn't a TV show.

Required a lot of mats... Supply and demand is what I see. Regular crafting mats are back down to barely worth selling, the furniture mats will follow suit. They seem to lag behind due to people getting furnishing recipes for new content etc. Just takes longer for the prices to lower.

So many mats 😐

bmnoble

erliesc wrote: »

Thought I'd look at the price history for most of the mats that have risen in price lately....while the history is still there.

Facts: Most are Furnishing Mats...

There one where there is at least an attempt is Hemming (Clothing mat) which has gone from ~18 to 22 recently. On a chart you can see a series of BUYs at 60 ~ 3xs the original avg. Continuing.

Bast...orig avg = 14-15 current avg = 77 5.5xs the price

Regulus...orig avg = 12 current avg = 50 4.15xs the price

Dec wax...orig avg = 280 current avg = 313 1.1xs the price

Heartwood...orig avg = 30 current avg = 271 9xs the price

So WHEN are these prices going to magically drop back to their original prices as some predict??? When those who've cornered the market run out of stock???

In the meantime many are paying out way too much for mats....

To be honest I never even considered it worth selling my Regulus, Bast or Heartwood at those original prices at all, not worth the time it takes to gather them.

Its not all people who went around buying up the mats before the event, there are a lot of people who never bothered to sell their furniture mats at all until the event, once the prices drop off a lot of people will leave them in their craft bags once again.

So long as people are prepared to pay the new prices, people will keep listing them at the current rates, it will take awhile for prices to drop due to the slower gather rates for furniture mats, meaning people are less willing to undercut too much, especially when they are getting a lot of normal raw mats to sell at the same time and see no reason to drop their prices, when they already have good sales, that don't make them desperate for a quick sale.

snoozy

it's not that deep. it was bc of the new life writs...

JAwtunes

Supply and demand.

Reverb

Right. OP, turn on your price charting in MM. you’ll see that the price for those mats were level, then spiked in late December, remained high through early Jan, and have been trending downward ever since.

There’s no conspiracy, just supply and demand. The New Life festival writs demanded a lot more of those mats than us typically available so the price skyrocketed. Because the price was so high people stocked the stores and the market became flooded. Now the demand is back to normal levels but people are still listing a lot of it. In a month everything will be normal for those (while gear upgrades will be high again because of new builds and sets in the update).

Learn to read the market, not just MM numbers.

Unseelie

The lengths that some people go to trying to invent some huge conspiracy to prove that the company making the game that we are playing is trying to stab you in the back is kind of disturbing. There have been a huge influx of posts where the first post is straight out hostile or accusatory (and usually quickly debunked).

RefLiberty

SeaGtGruff

tmbrinks wrote: »

erliesc wrote: »

"This isn't a TV show."

No it's a game and it involves people. So guess what?

The show I like the most (NOT) is the Worlds Biggest Loser show currently playing on the east coast.

I don't get it... is this meant to be an insult? Calling me a loser? Because that's a great way to get your point across. Conspiracy theories, insults, and non-sensical statements.

I don't think it was a comment about you, more of a national news thing if you know what I mean. At least that's what I took it to mean based on the reference to "the east coast."

Bekkael

It’s definitely from New Life. I had hundreds and hundreds of those mats, and went down to 30 or 40 of some mats...nickel, all my precious heartwood, and quite a few others I can’t think of right now. 😭

I seldom make furniture, so they are slowly building back up, but yeah, New Life hit many of us right in the mats, and it hurt.

kargen27

I'm still selling the Writs and that means at least a few people are still doing them. Might take a bit longer for prices to correct. I can't be the only one still selling these things.

JobooAGS

If you don’t like the price offered, don’t buy it. Simple. No one is forcing you to buy the item, nor even from that person. Either find a cheaper price, or farm the item in question yourself. If someone else buys an item at an outrageous price, perhaps it isn’t that outrageous to them. Otherwise, if that person wishes to sell the item in question, they will be forced to lower the price or forever pay listing taxes to ZOS.

markulrich1966

one reason that I can offer my furnishings for relatively low prices is, that I buy materials anti-cyclic.

During events, less people farm, prices for mats explode, the worst time to buy them.
So last month I had a stock of 5500 mundane runes, bought them during cheap occasions before, to avoid that I have to pay 100.000 for a stack of 200 (common price atm on xbox EU, on NA 60k as there are more people and thus farmers).

Taleof2Cities

I think the important points to get across have been made ... enough that the OP appears to have left the thread.

BisDasBlutGefriert

Decorative is how much???? Sheesh! I've been literally giving these away for free! Now I'm curious how many people I gave a pile of them to for free, just turned around to sell them. Hahaha Ah well!

Skwor

I guess no one learns economics anymore.

Supply and demand, you can always farm your own. I literally have 10s of thousands of mats. NOT seeing any issues other than lack of effort.

Kiralyn2000

Reverb wrote: »

There’s no conspiracy, just supply and demand.

Supply & demand is a Nemesis Plot.

Unseelie

la li lu le lo

InaMoonlight

Influx of new furnrecipes from Elsweyr that everyone wants the furniture of- + the two new life writs drained the market, raised the prices.

It may not even settle if Skyrim brings new furn recipes with it (which I hope, the recipes that is )

Varana

I find it astonishing how often people living in (I assume) countries with a market economy get baffled by how capitalism works.

Prepare for more "manipulation" once the Anniversary event comes up and everyone suddenly will be doing low-level writs on a bazillion characters.

zaria

Reverb wrote: »

Right. OP, turn on your price charting in MM. you’ll see that the price for those mats were level, then spiked in late December, remained high through early Jan, and have been trending downward ever since.

There’s no conspiracy, just supply and demand. The New Life festival writs demanded a lot more of those mats than us typically available so the price skyrocketed. Because the price was so high people stocked the stores and the market became flooded. Now the demand is back to normal levels but people are still listing a lot of it. In a month everything will be normal for those (while gear upgrades will be high again because of new builds and sets in the update).

Learn to read the market, not just MM numbers.

This, prices will drop once the expensive listings to sell to people doing the festival crafting writs times out.

erliesc

I'm going to set MM back an extra month just to see how things go...the data I post is from 5 guilds..likely representative though.

note: according to MM the avg mats costs for furniture I make is still trending up...I'm not selling lots of furniture because I base the price on the mats cost.

Zulera301

There are way too many mats for any one individual to corner the cost. People pay what they are willing to part with.
Did someone buy up that cheap ancestor silk but I NEED this stack of ancestor silk... Looks like I'm willing to pay more to get it now.
(Not that I ever actually buy mats. Farming FTW).

I've seen people manipulate motif prices because that's a much smaller market. I managed to push a 10k motif up to 90k simply because there were so few listings that i cornered the market.
By contrast, I met another idiot that tried this and failed, and now hes out several thousand on listing fees from trying to monopolize a single motif and then jack the price to 150k.
...he only ended up bumping it up from 10k to 20k.

Nemesis7884

tmbrinks wrote: »

erliesc wrote: »

Thought I'd look at the price history for most of the mats that have risen in price lately....while the history is still there.

Facts: Most are Furnishing Mats...

There one where there is at least an attempt is Hemming (Clothing mat) which has gone from ~18 to 22 recently. On a chart you can see a series of BUYs at 60 ~ 3xs the original avg. Continuing.

Bast...orig avg = 14-15 current avg = 77 5.5xs the price

Regulus...orig avg = 12 current avg = 50 4.15xs the price

Dec wax...orig avg = 280 current avg = 313 1.1xs the price

Heartwood...orig avg = 30 current avg = 271 9xs the price

So WHEN are these prices going to magically drop back to their original prices as some predict??? When those who've cornered the market run out of stock???

In the meantime many are paying out way too much for mats....

They're still high from the New Life event. Because the Writs required the use of those materials. They've been on a slow steady decline back to the mean since then.

It's not a big conspiracy, a cartel, or whatever else you want to call it.

This isn't a TV show.

maybe a netlix anime obe day...they are doing the witcher now.

Sanctum74

No matter how many times you spam the forums with these threads the answer is ALWAYS the same,

-There is no conspiracy theory

-You don’t have to buy at their prices

-You can get it for free by farming instead of complaining