have you seen the price of kutas lately?

Flak · December 2015

Don't know where your looking (or maybe it's different on NA/Console), but when I checked this morning it was around 11k on EU PC. I'm selling 3 or 4 every day for 9.999

Casdha · December 2015

melodeath wrote: »

i dont see why people desire to be a billionair in a video game but w/e

I'm not a billionaire in game, but I have made and spent several million on buying Motifs and gear that I would otherwise not have access to because I don't do group dungeons, and have very little time for PvP (I like to join a group not a Zerg when I do). I do however have time to gather mats every night to make myself sleepy enough to go to bed.

Ezareth wrote: »

I've got almost 100 of them sitting in the bank, think it may be time to cash out.

Just make sure you don't flood the market, don't want to drop the price

Holycannoli · December 2015

dwemer_paleologist wrote: »

Catblade wrote: »

neckbeard

are you refering to me?

Where do you think this guy is in the time of ESO? Probably somewhere in Vvardenfell or Morrowind right?

I think he would make an excellent addition to a future DLC, even if his role is minor. Who do I send this suggestion to? Or who do I tag in this reply for it?

Islyn · December 2015

spawn_to_kill wrote: »

Islyn wrote: »

spawn_to_kill wrote: »

yes but as somebody who wants to litterally never leave cyrodil i would like a way to access kutas easily but cant afford 20k each even if i could i simply wouldnt pay the price

If I don't wanna leave my house, I get no food.

In short, sorry - but tough.

Go Farm or Pay for Delivery.

yes but delivery isnt like 125% of the cost

Actually I am pretty sure most food delivered from a major chain is easily 125% more than homemade.

It doesn't matter though, The price are what they are - so you have to farm or buy.

Islyn · December 2015

Pomaikai wrote: »

Nothing amuses me more than listening to people with no clue as to how business, sales, and supply & demand work using terms like "price fixing", etc. Add to that the people invoking MM prices without having a clue as to how it actually works, and why the numeric MM price isn't particularly useful.

Funny stuff here. Funny indeed.

Nothing amuses ME more than people who allude to having some kind of brilliance in any field, whilst adding ZERO relevant detail which backs up their smarmy statements.

So tell us why, as one example, the numeric MM price isn't useful.

lolo_01b16_ESO · December 2015

Islyn wrote: »

Pomaikai wrote: »

Nothing amuses me more than listening to people with no clue as to how business, sales, and supply & demand work using terms like "price fixing", etc. Add to that the people invoking MM prices without having a clue as to how it actually works, and why the numeric MM price isn't particularly useful.

Funny stuff here. Funny indeed.

Nothing amuses ME more than people who allude to having some kind of brilliance in any field, whilst adding ZERO relevant detail which backs up their smarmy statements.

So tell us why, as one example, the numeric MM price isn't useful.

MM showes you the avergage price of an item over a long time. This can be usefull to get a generall idea of the price, but it's much better to look at the actual sales.

Let's take a common item like diamonds. Usually you'll find them for a few gold if anyone bothers to sell them at all. Some time ago a guild mate asked, if he should sell all the diamonds in our guild bank, to get some gold for the guild. It turned out that one person had sold a diamond for a lot of gold (maybe for rp purposes) and with that action pushed the mm price much higher than what you would need to get this item.

The same can also happen the other way round. If someone sells an item by accident much too cheap and the item isn't sold to frequently (e.g. gear / rare motives), the mm price can be noticable lower than what you could get for the item.

Additionally the average price doesn't respect trends. If an item looses it's value every day (which happens to motives and to some extend also to gear), the average price will be much higher than what people now are willing to pay.

Same can also happen the other way round. When an item becomes more valuable (because the drop rates decreased or more people need it) the mm price will be much lower than what people are willing to pay.

Pomaikai · December 2015

Islyn wrote: »

Pomaikai wrote: »

Nothing amuses me more than listening to people with no clue as to how business, sales, and supply & demand work using terms like "price fixing", etc. Add to that the people invoking MM prices without having a clue as to how it actually works, and why the numeric MM price isn't particularly useful.

Funny stuff here. Funny indeed.

Nothing amuses ME more than people who allude to having some kind of brilliance in any field, whilst adding ZERO relevant detail which backs up their smarmy statements.

So tell us why, as one example, the numeric MM price isn't useful.

Sure. For one, you have to understand that MM is solely based upon the guilds that YOU are in. So every MM is going to be different for every person, with very very few exceptions. Trust me when I say that MM's can vary WILDLY. Next up is the exact MM amount. What is it? It's an average over time of ALL the prices paid for a specific item. This includes insanely high prices as well as stupidly low ones. What really matters when pulling up an MM is the scatter plot. This shows you what people actually paid, rather than some average. It will show you whether prices are currently rising, falling, or staying flat. They also show you the REAL prices paid for an item, rather than the gross average. That gross average? It causes prices to fall most of the time. As a seller, that's most certainly NOT my goal. So the savvy seller looks at where the individual data points are at. Especially the most recent ones.

Now, all of that can be rendered moot by rarity. Especially when it comes to recipes. The REALLY rare recipes? Those are really rare because they're normally given as rewards in low level Provisioning writs. Guess what? It's REALLY easy to level up Provisioning FAST. So fast in fact that you don't do those low level crafting writs since you blow past them. Therefor you never get the recipes. Some people keep alts at low level Provisioning skill just so they can farm the really rare recipes from the crafting writs. In the case of rare recipes you want to be looking at the number sold over a long period of time. Not many sold in the past 30, 60, 90 days, or maybe even longer? Then your selling price is going to be REALLY high. It doesn't matter if it's a level 1 green recipe. You price it high and just wait, because a Provisioner with lots of disposable gold on them who is looking to learn ever recipe in the game is eventually going to buy it from you. Even at a really stupidly high price. Supply and demand.

Now, in this thread we're talking Kuta's. A new DLC has just dropped. Lots of people who had cut back on their playing, or whom had quit previously are now playing again. People are also leveling up faster too. So now we have lots of people are needing gold glyphs for their shiny new armor. Now, I have to admit that I'm a serial rune looter and I'll always stop and harvest a rune I see. To me it does feel as if dropped Kuta's are harder to find, although Wrothgar Enchanting writs yield them up rather frequently. So what we have is a smaller supply of Kuta's coupled with a MUCH higher demand than normal which means prices are rising. In fact, I don't think they've topped out yet. Gold glyph's, especially Vr16's are rising in price as well, but quite honestly not fast enough to keep pace with the costs of materials.

Oh... And in real life I'm a professional sales and marketing guy. Buying, selling, and making money is FUN! Plus, it allows me to get the really nice shiny new toys that I want for my character.

Now I'm going to sit back and laugh at the comments to my post, because some of them will almost assuredly make me laugh out loud, so bring it on!

Lithium Flower · December 2015

You're not entitled to Kutas or anything if you don't obtain them yourself. If you're not willing to spend the effort to find them then you have to pay whatever someone who has made that effort is demanding. End of story.

Samphaa · December 2015

Ps4 EU prices

Dreugh wax 6-8k
Rosin 5-7k
Tempering Alloy 13-20k
Kuta 18k and beyond

spawn_to_kill · December 2015

Lithium Flower wrote: »

You're not entitled to Kutas or anything if you don't obtain them yourself. If you're not willing to spend the effort to find them then you have to pay whatever someone who has made that effort is demanding. End of story.

so you think its right that eups should be paying over double what most people say is reasonable? happen to own a trade guild by any chance? if the average price on pc around 6k and eups is 20k it needs addressing, we should not just accept this.

DRXHarbinger · December 2015

I bet the 20k ones are all being sold by the same person. Xb has the same thing. Currently he has 9 for sale at 15k and some how about 30 gold V16 glyphs for sale. How you get so many I have no idea. He only has one character too.

spawn_to_kill · December 2015

to show im not exaggerating this is a example the cheapest on this stall 21k then this bargain

not sure why its not showing but i tried to attach a pic of 2 for 80k

spawn_to_kill · December 2015

https://pbs.twimg.com/media/CVnH1XNWUAAkPnr.jpg

pronkg · December 2015

spawn_to_kill wrote: »

Lithium Flower wrote: »

You're not entitled to Kutas or anything if you don't obtain them yourself. If you're not willing to spend the effort to find them then you have to pay whatever someone who has made that effort is demanding. End of story.

so you think its right that eups should be paying over double what most people say is reasonable? happen to own a trade guild by any chance? if the average price on pc around 6k and eups is 20k it needs addressing, we should not just accept this.

I think its cause on pc they weren't as rare, the drop rate was allot higher at first. I used to buy and sell them for 3/4k a long time a go. Drop rate went down so prices went up a little which is normal.

Console started out with the low drop rate so people start asking prices that are frankly to high and need some time to drop. They will drop when people realize they aren't selling. They'll probably even out somewhere around 10k on console as well. It will just take some time.

I would try and farm them myself if I were you. You need like 6,7 of them for V16 Chest helmet legs (shield) and jewels only. Other parts of your gear or lower than v16 don't have priority, put some rekutas on those instead until you find some more kutas.

Alcast · December 2015

spawn_to_kill wrote: »

they are selling 20k gold lowest price, i think as a pvper it would be nice if we had a chance of getting them in our rewards for the worthy as farming is something i cant do, i just love pvp and fighting, p.s anyone interested in trading kutas for akiviri style motifs pm me in game

You are better off farming those in some cave in cyrodiil believe me.

Islyn · December 2015

Pomaikai wrote: »

Islyn wrote: »

Pomaikai wrote: »

Nothing amuses me more than listening to people with no clue as to how business, sales, and supply & demand work using terms like "price fixing", etc. Add to that the people invoking MM prices without having a clue as to how it actually works, and why the numeric MM price isn't particularly useful.

Funny stuff here. Funny indeed.

Nothing amuses ME more than people who allude to having some kind of brilliance in any field, whilst adding ZERO relevant detail which backs up their smarmy statements.

So tell us why, as one example, the numeric MM price isn't useful.

Sure. For one, you have to understand that MM is solely based upon the guilds that YOU are in. So every MM is going to be different for every person, with very very few exceptions. Trust me when I say that MM's can vary WILDLY.

[snipped because words]

Now I'm going to sit back and laugh at the comments to my post, because some of them will almost assuredly make me laugh out loud, so bring it on!

OK yes but you can also set your MM to refresh and expensive items ask in guild and take a median of these prices.

You can also check guild kiosks in popular areas and then decide what you want to charge.

I always undercut median prices (kiosks and MM median) by like 10ish% because I want to just sell my stuff.

I hope if my reply make you LOL, it also makes you wee your pants a little ;-)

I_killed_Vivec · December 2015

If you don't like the price either find your own or do without - complaining about it won't make any difference.

spawn_to_kill · December 2015

misread comment

Brrrofski · December 2015

OP needs to do what we all have to do... Leave Cyrodiil to go farm something.

It's part of the game. Either that or spend your money.

Although they are 8-10k on xbox eu.

spawn_to_kill · December 2015

I_killed_Vivec wrote: »

If you don't like the price either find your own or do without - complaining about it won't make any difference.

lol a attitude like that gets nothing done defeatist, hopefully zos look into see its a problem then work on fixing, they could do many things to sort this problem out a price cap on items in guild store, crown ones to force people to REASONABLY price there kutas and other legendary matts, make legendary matts only be allowed to be traded or sold one time, there just 3 of the top of my head im sure they could find many solutions to solving this.

Islyn · December 2015

spawn_to_kill wrote: »

I_killed_Vivec wrote: »

If you don't like the price either find your own or do without - complaining about it won't make any difference.

lol a attitude like that gets nothing done defeatist, hopefully zos look into see its a problem then work on fixing, they could do many things to sort this problem out a price cap on items in guild store, crown ones to force people to REASONABLY price there kutas and other legendary matts, there just 2 of the top of my head im sure they could find many solutions to solving this.

The cost is not a problem. That you won't pay or farm is a problem. For you.

Or you could just go farm instead of hoping to rely on P2W solution.

This is not Archeage.

spawn_to_kill · December 2015

Islyn wrote: »

spawn_to_kill wrote: »

I_killed_Vivec wrote: »

If you don't like the price either find your own or do without - complaining about it won't make any difference.

lol a attitude like that gets nothing done defeatist, hopefully zos look into see its a problem then work on fixing, they could do many things to sort this problem out a price cap on items in guild store, crown ones to force people to REASONABLY price there kutas and other legendary matts, there just 2 of the top of my head im sure they could find many solutions to solving this.

The cost is not a problem. That you won't pay or farm is a problem. For you.

Or you could just go farm instead of hoping to rely on P2W solution.

This is not Archeage.

howw can you not see a problem we are paying 3xs as much as p.c, 2 xs as much as xbox its a problem, p2w? its hardly pay to win on eups atm it would be pay to not be scammed id pay 10k each all day, why should i go do stuff i dont enjoy to not be scammed?

Brrrofski · December 2015

spawn_to_kill wrote: »

Islyn wrote: »

spawn_to_kill wrote: »

I_killed_Vivec wrote: »

If you don't like the price either find your own or do without - complaining about it won't make any difference.

lol a attitude like that gets nothing done defeatist, hopefully zos look into see its a problem then work on fixing, they could do many things to sort this problem out a price cap on items in guild store, crown ones to force people to REASONABLY price there kutas and other legendary matts, there just 2 of the top of my head im sure they could find many solutions to solving this.

The cost is not a problem. That you won't pay or farm is a problem. For you.

Or you could just go farm instead of hoping to rely on P2W solution.

This is not Archeage.

howw can you not see a problem we are paying 3xs as much as p.c, 2 xs as much as xbox its a problem, p2w? its hardly pay to win on eups atm it would be pay to not be scammed id pay 10k each all day, why should i go do stuff i dont enjoy to not be scammed?

Maybe ps4 players are lazier, so farm less which pushes prices up?

And it is p2w. You're using real money to gain an item to go e you the best possible stats.

It is exactly what p2w is.

We all have to do stuff we don't enjoy.

I had to make FIVE vr16 full armor sets and got then gold. Did I enjoy gridning sewers for stones, walking around Wrothgar for hours looking for nodes, grinding mobs who drop leather to refine, farming kutas and essence stones, spending over the odds for the rest of what I couldn't be bothered farming?

No. But we have to if we want it.

spawn_to_kill · December 2015

Brrrofski wrote: »

spawn_to_kill wrote: »

Islyn wrote: »

spawn_to_kill wrote: »

I_killed_Vivec wrote: »

If you don't like the price either find your own or do without - complaining about it won't make any difference.

lol a attitude like that gets nothing done defeatist, hopefully zos look into see its a problem then work on fixing, they could do many things to sort this problem out a price cap on items in guild store, crown ones to force people to REASONABLY price there kutas and other legendary matts, there just 2 of the top of my head im sure they could find many solutions to solving this.

The cost is not a problem. That you won't pay or farm is a problem. For you.

Or you could just go farm instead of hoping to rely on P2W solution.

This is not Archeage.

howw can you not see a problem we are paying 3xs as much as p.c, 2 xs as much as xbox its a problem, p2w? its hardly pay to win on eups atm it would be pay to not be scammed id pay 10k each all day, why should i go do stuff i dont enjoy to not be scammed?

Maybe ps4 players are lazier, so farm less which pushes prices up?

And it is p2w. You're using real money to gain an item to go e you the best possible stats.

It is exactly what p2w is.

yes but normally p2w you cannot obtain the item in game its not like im asking for a new rune above kuta only available to buy that would be p2w

Brrrofski · December 2015

spawn_to_kill wrote: »

Brrrofski wrote: »

spawn_to_kill wrote: »

Islyn wrote: »

spawn_to_kill wrote: »

I_killed_Vivec wrote: »

If you don't like the price either find your own or do without - complaining about it won't make any difference.

lol a attitude like that gets nothing done defeatist, hopefully zos look into see its a problem then work on fixing, they could do many things to sort this problem out a price cap on items in guild store, crown ones to force people to REASONABLY price there kutas and other legendary matts, there just 2 of the top of my head im sure they could find many solutions to solving this.

The cost is not a problem. That you won't pay or farm is a problem. For you.

Or you could just go farm instead of hoping to rely on P2W solution.

This is not Archeage.

howw can you not see a problem we are paying 3xs as much as p.c, 2 xs as much as xbox its a problem, p2w? its hardly pay to win on eups atm it would be pay to not be scammed id pay 10k each all day, why should i go do stuff i dont enjoy to not be scammed?

Maybe ps4 players are lazier, so farm less which pushes prices up?

And it is p2w. You're using real money to gain an item to go e you the best possible stats.

It is exactly what p2w is.

yes but normally p2w you cannot obtain the item in game its not like im asking for a new rune above kuta only available to buy that would be p2w

Your idea of p2w is different to everyone else's....

Just go to a starter island for an hour and you'll get a kuta. Probably more. It's really not hard.

As for stupid prices, they only exist because lazy people won't farm them themselves. If you're so against people charging stupid prices, go find your own kutas. If everyone did that, they couldn't sell them for 20k

Kas · December 2015

i don't even see what's wrong with 20k.
I feel like I get tons of money doing whatever I want (except for MSA). Yet money is pretty useless so buying a few upgrade mats instead, works fairly well for me.

tbh I am more amazed that prices stayed as low for such a long time. a year ago, the price of a kuta was only about 8 times the price of a rekuta (that most players have way too many off in their bank)

the real problem is that farming is easy and boring. however, there is nothing you get from playing hard btui interesting content that you could trade for the farmed stuff. imho I'd love to run MSA and trade a master weapon (or to trade items bought for a million Ap each) for the alloys and kutas a newer player farmed in the meantime.

if this trend continues, I am sure that more and more people will resort to buying and reselling effectively ripping off newer players for profits.

Kyoma · December 2015

dwemer_paleologist wrote: »

Catblade wrote: »

neckbeard

are you refering to me?

I hope we come across him in Clockwork City!

Pomaikai · December 2015

Islyn wrote: »

Pomaikai wrote: »

Islyn wrote: »

Pomaikai wrote: »

Nothing amuses me more than listening to people with no clue as to how business, sales, and supply & demand work using terms like "price fixing", etc. Add to that the people invoking MM prices without having a clue as to how it actually works, and why the numeric MM price isn't particularly useful.

Funny stuff here. Funny indeed.

Nothing amuses ME more than people who allude to having some kind of brilliance in any field, whilst adding ZERO relevant detail which backs up their smarmy statements.

So tell us why, as one example, the numeric MM price isn't useful.

Sure. For one, you have to understand that MM is solely based upon the guilds that YOU are in. So every MM is going to be different for every person, with very very few exceptions. Trust me when I say that MM's can vary WILDLY.

[snipped because words]

Now I'm going to sit back and laugh at the comments to my post, because some of them will almost assuredly make me laugh out loud, so bring it on!

OK yes but you can also set your MM to refresh and expensive items ask in guild and take a median of these prices.

You can also check guild kiosks in popular areas and then decide what you want to charge.

I always undercut median prices (kiosks and MM median) by like 10ish% because I want to just sell my stuff.

I hope if my reply make you LOL, it also makes you wee your pants a little ;-)

It doesn't make me wee anything. All it does is make me scratch my head as to why you want to make less gold with each consecutive sale. With your method, not only are you basing your prices off of a gross average across time, which mostly ignores current pricing trends, but you yourself lower the average MM over time each and every time you undercut your own pricing. Quite honestly, you're much better off hawking your wares via zone chat using your current method, and will most probably make more money doing so.

zyk · December 2015

Pomaikai wrote: »

It doesn't make me wee anything. All it does is make me scratch my head as to why you want to make less gold with each consecutive sale. With your method, not only are you basing your prices off of a gross average across time, which mostly ignores current pricing trends, but you yourself lower the average MM over time each and every time you undercut your own pricing. Quite honestly, you're much better off hawking your wares via zone chat using your current method, and will most probably make more money doing so.

Time, effort, inventory levels and guild store slots are all factors as well. When pricing an item, one should consider how quickly they would like it to sell. Some players want to spend as little time possible monetizing excess items. Others are completely overloaded with items. An optimal price is subjective and not necessarily one that earns the most gold possible.

In the post you replied to, the author indicated they did not only go by MM quotes, but also considered guild store prices in multiple zones. That's sufficient diligence IMO.

Pomaikai · December 2015

Yes. I got that they're diligently bad at business.