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To whoever is tampering with the ps4 market

TayDibiase
TayDibiase
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To whoever or whatever guild is buying going around buying up all the tempering alloy and dreugh wax so they are noe 12k and 7k instead of 7k and 3.5k just two weeks ago I have a message for you. I hope that on Christmas you guys get games that you'll actually do content on instead of spending your time gouging every guild trader in Tamriel. That is all.
Average is only the top of the bottom
  • Asherons_Call
    Asherons_Call
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    Although I won't rule that out, another possibility is that now that orsinium is out people are making all of these new crafted sets. Supply gets low, prices go up
    Edited by Asherons_Call on December 16, 2015 10:51PM
  • TequilaFire
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    I like to sell at a reasonable price but I feel that when I do someone is just buying to relist at the higher price while I am making money feel bad for the next guy.

    It is what it is.
  • Thelon
    Thelon
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    Go post that in every thread asking for an auction house.
  • leepalmer95
    leepalmer95
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    I sold all my wax for 10k xD
    PS4 EU DC

    Current CP : 756+

    I have every character level 50, both a magicka and stamina version.


    RIP my effort to get 5x v16 characters...
  • TayDibiase
    TayDibiase
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    Thats not it. When every guild traders prices are pretty much the same something is up. Just 2 weeks ago i was buying gold mats for half the price they are now. And now all of a sudden no one is undercutting 12k for tempering alloy with at least 9k? Nah the markets being manipulated. This isnt my 1st mmo and i know when i go check every guild trader and all their prices match something is up.
    Average is only the top of the bottom
  • Taleof2Cities
    Taleof2Cities
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    Be a smart shopper and don't buy is what I say. There are other ways to obtain gold improvement mats:

    - Refine raw materials
    - Do crafting writs
    - Turn on hirelings
    - Buy through guildies

    Let that person next to you pay through the teeth ... especially when a lot of the time purple gear works fine.

    Looking back, I can count on two hands the amount of times I've bought items through the guild trader ...
  • TayDibiase
    TayDibiase
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    I dont buy at that price i refine 1st. My point of this thread is to let those who are manipulating the market know that i see what they are doing and i hope they find a game they will actually play and have fun at. Spending your time to corner the market so either a. its harder for people to improve gear or b. to become a mulitimillionare. Both ideas are foolish. So what you accumulate 10 mill from the market therre isnt anything in this game that you could spend half that on akavari motifs included. It seems like a sad miserable way to spend your time playing a game.
    Average is only the top of the bottom
  • Ackwalan
    Ackwalan
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    If a guild is trying to corner the market, that just means you can farm the tempering alloy and dreugh wax and sell them fast. It's not like there is a limited supply available.
  • Catblade
    Catblade
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    They are buying them up for sure. I won't name names but join a trading guild and watch the sales. Certain people buy up everything low and relist high
  • leepalmer95
    leepalmer95
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    Catblade wrote: »
    They are buying them up for sure. I won't name names but join a trading guild and watch the sales. Certain people buy up everything low and relist high

    It's that just basic business though? buy low sell high...
    PS4 EU DC

    Current CP : 756+

    I have every character level 50, both a magicka and stamina version.


    RIP my effort to get 5x v16 characters...
  • Catblade
    Catblade
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    Catblade wrote: »
    They are buying them up for sure. I won't name names but join a trading guild and watch the sales. Certain people buy up everything low and relist high

    It's that just basic business though? buy low sell high...

    Yeah sure they can be D**Ks like that but i won't buy anything from them. I'll go out and farm it myself. I've decided to never use the traders again and Virtual life couldn't be better
    Edited by Catblade on December 16, 2015 11:49PM
  • leepalmer95
    leepalmer95
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    Catblade wrote: »
    Catblade wrote: »
    They are buying them up for sure. I won't name names but join a trading guild and watch the sales. Certain people buy up everything low and relist high

    It's that just basic business though? buy low sell high...

    Yeah sure they can be D**Ks like that but i won't buy anything from them. I'll go out and farm it myself. I've decided to never use the traders again and Virtual life couldn't be better

    Gl with that i guess, you know theres a few hundred thousand people using traders i'm pretty sure you don't have to buy from specific people.
    PS4 EU DC

    Current CP : 756+

    I have every character level 50, both a magicka and stamina version.


    RIP my effort to get 5x v16 characters...
  • Catblade
    Catblade
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    Catblade wrote: »
    Catblade wrote: »
    They are buying them up for sure. I won't name names but join a trading guild and watch the sales. Certain people buy up everything low and relist high

    It's that just basic business though? buy low sell high...

    Yeah sure they can be D**Ks like that but i won't buy anything from them. I'll go out and farm it myself. I've decided to never use the traders again and Virtual life couldn't be better

    Gl with that i guess, you know theres a few hundred thousand people using traders i'm pretty sure you don't have to buy from specific people.

    I don't really have enough time to explain what's wrong with your assessment. It's been explained in this thread though when all the prices are the same across the board at guild traders... Kuta for example. Kuta was going for around 7-10k since basically launch. Now? 20K. 20k everywhere not just a certain spot. All of a sudden. No one out there undercuts the 20k? Sure they do but the trading guilds buy them right up and relist for the 20k. If This is why the didn't want to give us auction house then it's failing
    Edited by Catblade on December 16, 2015 11:57PM
  • GreenSoup2HoT
    GreenSoup2HoT
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    There are many individual's like myself who know what sell's. It's common sense to buy low, sell high.

    There just might be guild's doing this, however i know many of my friend's are always looking around in store's to do this as well and turn around with a profit.
    Edited by GreenSoup2HoT on December 16, 2015 11:56PM
    PS4 NA DC
  • Oreyn_Bearclaw
    Oreyn_Bearclaw
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    It's a supply and demand issue unfortunately. Dont get me wrong, if I see undervalued gold mats you had better believe I buy them up, but I dont think its a conspiracy. Writs have become more mat intensive now that they require v16 mats to complete, and drop rates from other areas (hirelings in particular) have been nerfed hard so supply has dropped. Additionally, demand is up now that everyone is re-crafting V16 gear. Now that the dust has settled a bit, a lot of people are committing to new builds and making them gold, sometimes on multiple toons. I just blew through several hundred gold mats myself and actually had to buy some gold mats for the first time since launch.

    Econ 101 - A decrease in supply or an increase in demand will cause prices to rise. When both happen at same time, its worse. ESO is a video game economy which is certainly not efficient. Arbitrage is common and swings in prices tend to be greater than what you would expect otherwise.
  • wayfarerx
    wayfarerx
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    TayDibiase wrote: »
    I dont buy at that price i refine 1st. My point of this thread is to let those who are manipulating the market know that i see what they are doing and i hope they find a game they will actually play and have fun at. Spending your time to corner the market so either a. its harder for people to improve gear or b. to become a mulitimillionare. Both ideas are foolish. So what you accumulate 10 mill from the market therre isnt anything in this game that you could spend half that on akavari motifs included. It seems like a sad miserable way to spend your time playing a game.

    You realize that this is the game for some people and that they find playing the market like this fun, right?

    This is a multi-faceted MMO, some people like dungeons, some PvP, some crafting or RP... and some like to play as market makers. To each his own I say, time to sell some mats at 500 gold less than what the traders are asking and make some bank.
    Edited by wayfarerx on December 17, 2015 12:07AM
    @wayfarerx - PC / North America / Aldmeri Dominion
  • kargen27
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    You can get an add on that will tell you average prices of just about everything. As more people use that add on price extremes will naturally get closer together. Also the add on will show you really good deals as you are looking for other items. People will take advantage when they see an item on sell for half what the average price is whether they are trying to corner a market or not.

    And some people play the game to make gold. To them that is the fun part of the game. They will naturally drift towards the trade guilds with the better locations. Just like some guilds specialize in PvP and can dominate a map these guilds specialize in trading and will dominate the best locations and also have an affect on prices of rare items.

    Just a part of the game and nothing wrong with it.
    and then the parrot said, "must be the water mines green too."
  • bareheiny
    bareheiny
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    Catblade wrote: »
    Catblade wrote: »
    Catblade wrote: »
    They are buying them up for sure. I won't name names but join a trading guild and watch the sales. Certain people buy up everything low and relist high

    It's that just basic business though? buy low sell high...

    Yeah sure they can be D**Ks like that but i won't buy anything from them. I'll go out and farm it myself. I've decided to never use the traders again and Virtual life couldn't be better

    Gl with that i guess, you know theres a few hundred thousand people using traders i'm pretty sure you don't have to buy from specific people.

    I don't really have enough time to explain what's wrong with your assessment. It's been explained in this thread though when all the prices are the same across the board at guild traders... Kuta for example. Kuta was going for around 7-10k since basically launch. Now? 20K. 20k everywhere not just a certain spot. All of a sudden. No one out there undercuts the 20k? Sure they do but the trading guilds buy them right up and relist for the 20k. If This is why the didn't want to give us auction house then it's failing
    20K?

    Dammit....now I have to join a trading guild to offload the 4 Kuta I have sitting in my bank.

    Eh....nevermind. I'll keep swinging by reddit and will sell them to whomever is looking for a reasonable price. And by reasonable, I don't mean 20k. Although I wouldn't mind it if somebody really wanted to pay that.
  • Catblade
    Catblade
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    Potent nirncrux is cornered at 20k too got any of that throw it on reddit i'll buy it over there lol
    Edited by Catblade on December 17, 2015 12:48AM
  • Unsent.Soul
    Unsent.Soul
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    TayDibiase wrote: »
    I dont buy at that price i refine 1st. My point of this thread is to let those who are manipulating the market know that i see what they are doing and i hope they find a game they will actually play and have fun at. Spending your time to corner the market so either a. its harder for people to improve gear or b. to become a mulitimillionare. Both ideas are foolish. So what you accumulate 10 mill from the market therre isnt anything in this game that you could spend half that on akavari motifs included. It seems like a sad miserable way to spend your time playing a game.

    This happens every day, you just saw it for the first time? No matter what the item is people will buy it up at low costs.... supply and demand.
  • Dualrifle
    Dualrifle
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    you know, this kind of market strategy is never good. It will affect the consumer that actually want to use it badly.
    Gold farming will not change that much, so if last time you need to farm like an hour to buy a 5k tempers, now you need to farm 4 hours because it is 20k now. Sure you can do writs, do refinement, but how realible is that? Unless the rnGod treats you well, you can have multiple bad streak with no result.

    I used to do that as well, until I realize how bad it affect other people. I mean how selfish can you be? For your own gain you make a lot of other people game experience harder. But then again since most of them is already selfish to begin with, I doubt any words can reach them.

    I dont know where you guys came from, but in my country people who has a lot of money bought a lot of property for "investment", in turn people who actually need the housing will probably never be able to bought a house because house prices went crazy high. Tell me that is good.
    Edited by Dualrifle on December 17, 2015 1:43AM
  • Makkir
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    Although I won't rule that out, another possibility is that now that orsinium is out people are making all of these new crafted sets. Supply gets low, prices go up

    However I think supply is low because there is likely a bug with Tempering alloy drop rate from deconning raw material.
    I did not have this issue months ago. The drop rate has absolutely been nerfed.
  • Makkir
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    this isn't limited to just tempering alloy by the way. Those of complaining about Kuta and the other legendary upgrade items...yeah it seems they were all nerfed. I am finding a lot less of them from hirelings and decons.
  • Preyfar
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    Makkir wrote: »
    this isn't limited to just tempering alloy by the way. Those of complaining about Kuta and the other legendary upgrade items...yeah it seems they were all nerfed. I am finding a lot less of them from hirelings and decons.
    I'm glad I'm not the only one. I burned through 800+ raw ore and didn't get a single temp. Of course, I also got two in a row later, so... I'm pretty sure they RNG in general was nerfed. Temp, kuta and undaunted helms... =/
  • Catblade
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    People can say what they want but I know it's flat out greed and as a message to the ones perpetrating it, you won't get my gold. Same idiots standing around the guild traders abusing voice chat making it unbearable to even shop at them. If you agree shop here instead https://www.reddit.com/r/ESObay/new/
    Edited by Catblade on December 17, 2015 2:09AM
  • TayDibiase
    TayDibiase
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    Catblade wrote: »
    People can say what they want but I know it's flat out greed and as a message to the ones perpetrating it, you won't get my gold. Same idiots standing around the guild traders abusing voice chat making it unbearable to even shop at them. If you agree shop here instead https://www.reddit.com/r/ESObay/new/

    Thanks for the link
    Average is only the top of the bottom
  • Samphaa
    Samphaa
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    There are people going around buying them up, or they held onto them waiting for orsinium to drop and now when everyone wants to upgrade, they can rake in the dollar. But it is getting rediculous, when I started playing Dreugh wax was 3-4k, kutas 10k, rosin 5-6k and alloys 8-9k

    Now it's dreugh wax 7k
    Rosin 6k
    Alloys 15k+
    Kutas 20k+
  • AFrostWolf
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    TayDibiase wrote: »
    Thats not it. When every guild traders prices are pretty much the same something is up. Just 2 weeks ago i was buying gold mats for half the price they are now. And now all of a sudden no one is undercutting 12k for tempering alloy with at least 9k? Nah the markets being manipulated. This isnt my 1st mmo and i know when i go check every guild trader and all their prices match something is up.

    OFC something is up. The guild makes rules and if you break them you get kicked. Since there is no AH the only way to sell anything is to shout or use the Guild system. It's broken AF and ZOS aren't willing to fix the problem.
  • Curragraigue
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    Kutas have been sitting around 12-15k in the three trade guilds I'm in PS4 NA. I listed 3 at 12.5k they were gone in less than 12 hours. Listed 6 at 14k and they were gone in 24 hours. Listed 4 at 15k and 1 or 2 have sold so far in about 24 hours. Supply and demand if they are selling quickly they are too cheap.
    PUG Life - the true test of your skill

    18 characters, 17 max level, at least 1 Stam and 1 Mag of every class, 1 of every race and 1200+ CP

    Tanked to Undaunted 9+ Mag and Stam of every class using Group Finder for 90+% of the Vet Dungeon runs
  • revonine
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    There's alot of cornered prices for certain items on the market at the moment. The prices for some upgrade mats are ludicrous. Tried setting a lower price to unload it quicker and I got loads of angry messages from other sellers.
    Edited by revonine on December 17, 2015 10:25AM
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