Isn't Guild Trader collusion awesome?

  • Bouldercleave
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    80,000,000 in virtual currency and an overstock of a commodity that can be obtained for free - Yea you!

    Seriously though, my life and enjoyment of the game will continue with or without market manipulation. I have learned in real life and in game life - if there is an angle, some *** will manipulate it to get one up on everyone else.

    It's really not a big deal.
  • FortheloveofKrist
    FortheloveofKrist
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    Shadeaux wrote: »
    BigBragg wrote: »
    Shadeaux wrote: »
    here we go again...

    I suppose we could take the Ostrich approach and just pretend is isn't happening.

    ....or, just going to throw this out there, you could go farm your own.

    I do farm my own.

    So, to be clear, you are FOR this system that allows this?

    You are AGAINST a better system that doesn't allow guilds to form monopolies in the "best" locations.

    Yes, I am for this system, and against your proposal for a different one.

    Just farm them for yourself, and then the alloys are.....(drum roll)...FREE!


  • Judas Helviaryn
    Judas Helviaryn
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    80,000,000 in virtual currency and an overstock of a commodity that can be obtained for free - Yea you!

    Seriously though, my life and enjoyment of the game will continue with or without market manipulation. I have learned in real life and in game life - if there is an angle, some *** will manipulate it to get one up on everyone else.

    It's really not a big deal.

    It is a big deal man, people take their entertainment seriously. Aside from that, if you're spending time on something, that something is not free. All money is, is time already spent. Time's the most important currency we have, and some of us would rather use our already invested time (money) so we can spend time we haven't invested on other things.

    These guilds are devaluing our time to extend their own, and it is underhanded

    It's perfectly sane to be unhappy.
    Edited by Judas Helviaryn on August 19, 2016 1:00AM
  • Articulemort
    Articulemort
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    Hahahahaha I was wondering if one of these threads would pop up.

    There was no collusion, some people decided to test to see if people who buy temps for 20k and guess what?

    It worked. And apparently it caught on. :)
    I know someone who even managed to sell one for 35k.

    We all appreciate your business.
  • Shadesofkin
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    Shadeaux wrote: »
    Anyone notice that tempering alloy just went up in price at pretty much all traders at exact same time?

    In real life, that's a crime.

    I still don't get why everything is so much more expensive on console.
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  • Articulemort
    Articulemort
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    Shadeaux wrote: »
    Anyone notice that tempering alloy just went up in price at pretty much all traders at exact same time?

    In real life, that's a crime.

    I still don't get why everything is so much more expensive on console.

    My guess...
    Less players
    Lack of add-ons
    But most importantly, console players tend to be much more impatient about games. Therefore instead of farming themselves, they rather buy it. High demand = high price.
  • AzraelKrieg
    AzraelKrieg
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    Shadeaux wrote: »
    Anyone notice that tempering alloy just went up in price at pretty much all traders at exact same time?

    In real life, that's a crime.

    I still don't get why everything is so much more expensive on console.

    My guess...
    Less players
    Lack of add-ons
    But most importantly, console players tend to be much more impatient about games. Therefore instead of farming themselves, they rather buy it. High demand = high price.

    Probably the reason. On PC we get price surges after DLC drops but it usually bottoms out after a month and returns to pre-DLC levels. At the moment a Tempering Alloy costs 7k gold on the PC-NA server but before DBH hit, the price had settled down to just above 4k. I generally sell anywhere from 100-500g below the current price I get from Master Merchant. Not trying to lower the price, I'm just trying to move stock.
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  • newtinmpls
    newtinmpls
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    Shadeaux wrote: »
    Anyone notice that tempering alloy just went up in price at pretty much all traders at exact same time?

    In real life, that's a crime.

    The key here is "pretty much".

    Start looking in out of the way places... you'll find better deals
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  • Jeremy
    Jeremy
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    Paneross wrote: »
    If we had a price history tab or global guild trader this wouldn't happen as bad.

    if we had a global trader or "auction house " this would happen every day and worse. they would only have to control one guild instead of trying to control ( but failing) many.



    This is simply just not the case.

    In larger and more accessible economy (a free one) if people attempted to jack up the prices they would be undercut by the hundreds and thousands of others who are not involved in the collusion. This idea you are peddling that a few guild traders is more difficult to manipulate than a mega-server wide economy that everyone would have readied access to is absurd.

    Edited by Jeremy on August 19, 2016 1:21AM
  • Jeremy
    Jeremy
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    Shadeaux wrote: »
    Anyone notice that tempering alloy just went up in price at pretty much all traders at exact same time?

    In real life, that's a crime.

    I still don't get why everything is so much more expensive on console.

    Probably because the console version is newer than the PC versions. So demand is higher due to there being a greater number of newer players in need.

    But generally, the prices are kept high on ESO because the economy is intentionally designed in such a way to keep demand high and supply low. They do this by creating independent hubs that everyone can buy from but only a select few (guild members) can actually sell to.

    It's a great system if you are among the select few who belong to these guilds. Not so much otherwise.
    Edited by Jeremy on August 19, 2016 1:31AM
  • xboxone1Q
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    I always sell mine at 6 to 7k why? Because I don't want them. :]
  • radiostar
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    There could be a central or faction AH (bid only, longer term than 7 days) alongside the trader system. Just like there are sales now from zone chat as well as the traders. Think about it, Z.
    "Billions upon Billions of Stars"
  • Hashtag_
    Hashtag_
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    What happens is before DLC's drop all the temperings/wax/rosin/kuta are being bought up by the wealthy players/guilds of this game and horded until after the DLC. Once that drops those prices are dictated by those players/guilds, not the market.Oh and don't be mistaken these powerful trading guilds leaders meet to discuss these types of things.
    Edited by Hashtag_ on August 19, 2016 4:07AM
  • DeadDealer
    DeadDealer
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    @Cryptical not a proofs

    its just a words
    and its on XB1

    on PC servers there is no such *** like minimum prices
  • EllieBlue
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    Fallen_Ray wrote: »
    Milvan wrote: »
    It have nothing to do with guild vendors.

    New DLC brings up more players;
    More players brings up more demand;
    More demand inflates prices.


    Guild vendors are great.

    Great at keeping the elite merchant guilds on the top and keeping on the bottom those that can't joint a good merchant guild. It's a flawed system that states: "If you don't win a 5 million gold bid on a popular trader you won't sell a thing" THose who control the popular traders in each region's capital have the gig monopolized.

    Which is why I always see the same guilds in the same areas. BUT HEY!!! "It's working as intended" Right ZOS staff?

    Yeah.. have a look in Eldenroot, EU, pc. 7 npc trader, 6 of them wearing the same tabard.. check out Rawl Kha, Mournhold, Craglorn. You can make your own conclusion as to what is happening in the trading world of ESO... @GinaBruno
    Nirn Traders GM (est 2015)
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  • DeadDealer
    DeadDealer
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    yes its working as intended
  • silvereyes
    silvereyes
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    Hashtag_ wrote: »
    What happens is before DLC's drop all the temperings/wax/rosin/kuta are being bought up by the wealthy players/guilds of this game and horded until after the DLC. Once that drops those prices are dictated by those players/guilds, not the market.

    You just gave an example of an ideal supply/demand curve. The "market" is not some god. Players/guilds and the people they sell to *are* the market. It is individual people, increasing prices because they see customers willing to pay higher prices - or dropping prices because things aren't selling at the current price.

    The fact that people buy up a commodity they know will soon increase in price isn't collusion: it's smart business for any individual trader. And the whole point of such business is to flip for a profit, not artificially restrict supply to drive up prices.

    Please stop accusing all members of big trade guilds of collusion and price fixing. I'm sure there are bad apples who try to game the system, but it's not the norm.

    What is needed to combat price spikes during times of increased demand is an accordingly large increase in supply. An AH might help the supply side of the equation to a degree, but it wouldn't last. Most players won't have many gold tempers to sell, and what they have, they will probably want to keep to use themselves on the new gear / motifs. So the amount of extra supply an AH could provide during a demand spike would be exhausted pretty quickly.

    To get a massive spike in supply, you need farmers to increase production and traders that have accumulated mats over a long period of time to start cashing in. These are exactly the same people that form the ranks of the largest trade guilds, and that is exactly what you see happening.

    Ironically, you are blaming high prices on the very people that can help to decrease prices during demand spikes.
  • silvereyes
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    Jeremy wrote: »
    In larger and more accessible economy (a free one) if people attempted to jack up the prices they would be undercut by the hundreds and thousands of others who are not involved in the collusion.
    I think you overstate the supply power of the general population that doesn't farm. In a centralized, easy to search clearing house, it is much simpler for a single player with large gold stores to leverage their massive purchase power to buy every single item that normal players post at reduced prices.

    And after that, where does the supply come from? A handful of dedicated farmers/traders, a trickle from the general population, and the cartel. And as long as the cartel can buy up all the production as fast as it is produced, they will continue to gain even more buying power.

    Guild traders help to combat this to a degree, by requiring over an hour to visit all the kiosks and introducing a player movement mechanic that cannot be automated by addons. During peak hours, this would, in theory, disallow a single player from being able to corner the whole market, since new listings can be added and quickly sold by other players while they are busy visiting kiosks.

    Sounds good in theory. However, the current guild trader system is pretty much broken. Most trading guilds' GMs are getting fed up with it. It needs a lot more kiosks in high-traffic locations. It needs to stop bid spying. It needs some sort of upper limit on bids. It needs to be more accessible to the general population, and it needs much better search tools, especially on consoles that don't have addons to help. Many of these suggestions have been presented to ZOS in meetings several times over the last year, with no response.

    If those concerns could be addressed, I think the kiosk system could actually be much better than an auction house.
  • Vipstaakki
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    Guild traders are a far better solution. If this happened with AH the effect would be far far worse. The prices will always skyrocket. Fortunately with the guild traders there will always be discoveries left as covering every single guild trader is hard.
    But covering a single location? With enough money its too easy, a single guild can control the entire market and before you start with your nonsense about the futility of it please consider that people are not selling stuff at low prices just because. If they want money for it they are going to sell them at the inflated prices and thus' contributing to the guild holding a monopoly over an AH.

    This is why Guild traders are a far better solution, they already work well, AH wouldn't change a thing or worse it would make the market that much more inflated.
  • DonQuijote
    DonQuijote
    Soul Shriven
    Yep its going on XB EU. From 14.5 an alloy now to over 18k most are 20k solid now. Stupid.

    yes --- dont buy them. if people dont buy them, the price will come back down.

    ah yes, the alloy boycott of august '16
  • DRXHarbinger
    DRXHarbinger
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    Shadeaux wrote: »
    Anyone notice that tempering alloy just went up in price at pretty much all traders at exact same time?

    In real life, that's a crime.

    I still don't get why everything is so much more expensive on console.

    Because the top 5 trade owners are all friends...on EU anyway. Known fact..the top sellers as you see within that are known survey glitches. ..I know this from thier community feed them posting videos of them doing it, posting vids of them raking in sales from temp alloy, temp alloy, temp alloy.

    They are the bulk of the supply...they remove thier listing and repost at 20k a pop, everyone in the guild then goes..oh right...I've put mine up at the same price..

    Anyone that passes by then sees this and goes ah I must relist mine at a higher price...and so on and so forth.

    Just don't buy any of them. I've told everyone I know not to, time to strangle them out. But the main issue is people do play this game to make gold and that's it. They are plain awful at everything else on it. So it's farm /cheat etc and then stand in Rawlka for 22hrs a day and then watch the sales roll in, brag about it and repeat the next day...and that is what people actually do in this game.
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  • Titansteele
    Titansteele
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    I shall keep this short and sweet.

    I disagree with a global AH, people in this thread have clearly stated why so I wont go into depth on that. If I wanted to play monopoly I would not be in ESO.

    I do thank the OP for bring this up, I 100% believe what has been said, some guilds will kick members if they sell certain high demand items for under a certain value and there are guilds working together on that to ensure they all get max profits from it. Those guilds are seeing an opportunity and going for it and seeing as they cant control the entire economy then fair play to them.

    Lesson? Shop somewhere else for them. I almost entirely use quieter guild traders, not for any reason other than I find them cheaper. Spend the time to find the smaller trading guilds that are just as well stocked as the big ones with more sensible prices.
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  • fastolfv_ESO
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    this one is pretty obvious, they let a horde of cheaters keep thousands and thousands of cheated tempers. When they all sold all of a sudden a month or so later the price of temper exploded with the same demand, the original cheaters swimming with millions of gold then bought up the market and jacked up the prices
  • DeadDealer
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    this one is pretty obvious, they let a horde of cheaters keep thousands and thousands of cheated tempers. When they all sold all of a sudden a month or so later the price of temper exploded with the same demand, the original cheaters swimming with millions of gold then bought up the market and jacked up the prices

    RTFM newbie
    not a cheat
    just clever marketing behaviour
  • phaseadept
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    ZOS can manipulate the supply, the artificially created rarity is what helps drive up prices.

    In addition to the content that can only be completed by a min/max build.
  • silvereyes
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    this one is pretty obvious, they let a horde of cheaters keep thousands and thousands of cheated tempers. When they all sold all of a sudden a month or so later the price of temper exploded with the same demand, the original cheaters swimming with millions of gold then bought up the market and jacked up the prices
    If a ton of counterfeit/cheated supply gets injected into the market all at once, prices will decrease as a result. So what, all the people that bought tempers while they were low all of a sudden started trying to corner a market awash in tempers?

    This doesn't pass the sniff test. Am I missing some part of the logic here?
  • umagon
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    Shadeaux wrote: »
    Anyone notice that tempering alloy just went up in price at pretty much all traders at exact same time?

    In real life, that's a crime.

    Guild traders are syndicates always have been always will be. I can almost swear they are selling gold and paying people in zos; of which both want to keep the guild trader system to make real world monetary gains. The guild trader system the most cumbersome/corrupt trading system I have ever seen in a mmo. And 90% of the time I can not find anything I am looking for. And so many of them have trash items for sell too, I look at the listing thinking "Why even place that on the trader it's trash". Then they will have it marked up to some thing like 80k gold for the trash it doesn't make any sense, unless the listings are how they are indirectly trading gold.
  • Fallen_Ray
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    This is why I farm my own materials and refine my own gold materials. The prices on guild stores is absurd. You can find a good deal here and there by checking less popular cities but it's mostly just overpriced.
    @ragingruby1991
    It's the best thing to do. In every bloody MMO the market is controlled by no-life elitist merchants. That's why I make my own gear, enchantments, potions etc. and gather materials its a lot easier than farming for gold in order to buy something ridiculously inflated.
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  • Zerok
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    it's not really practical to have antitrust laws in video games.
    On the contrary, it would be even easier to implement in a video game than in real life.

    Just implement some constraints to what an account/guild can own as a proportion of the total in the game.

    1) Account X cannot own more than Y% of any material available on the server.

    2) Guild Z cannot own more than AY% of any material available on the server, where A > 1

    If a player tries to purchase something from a guild trader and the constraint is true, the game will prevent him from buying it.

    Frankly, right now we don't even have a capitalist economy, we have anarchy.
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  • jedtb16_ESO
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    Cryptical wrote: »

    i have been in guilds with a minimum price floor - like nothing other than recipes for under 100 gold. that is a world away from price collusion.

    do you really think denigrating people who don't agree with you is a sensible thing to do?
    Typical deflection, diversion. Proof positive that guild do in fact set minimums for things beyond recipes - that one source was for F nirn - and rather than address the price fixing, divert attention to the person that spotlighted the price fixing.

    That's the sort of move many people fall for, it's used by many political campaigns all the time.

    The fact remains. There is price fixing going on. That means the "free market" is actually rigged.

    What are you going to do about it?

    not at all proof positive of collusion... which was the op claim. price floor for items is sensible, if the trader is loaded out with junk items for 10g the guild is going to struggle to make trader bids.

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