If anything mate, the actions your seeing will be increased after 1T, not reduced as Zo$ will take away vet players earning money from selling gold trial gear.
I am PC EU and mainly seeing the currency of gold upgrading tempers being manipulated. Not only that but i have talked to a few players who know specifically who is buying what/when/how much for. There are guilds specifically buying the market out on these as well as a few players who think they can make profit when 1T hits.
As for guild traders blocking spots, this will also become more frequent as guilds will boil down to only a few trading ones worth being in because of the trader spot.
In my opinion these actions will simply push more into doing the mind numbing writs over multiple characters per day to get the gold tempers. I think its extremely hard for a new player now in ESO to be competitive, its basically 100k to upgrade any metal piece to gold. 300k for DW and 2H, never mind Golding the armors ))
stevepdodson_ESO888 wrote: »I am not fully sure of the ZoS terms of service, but i am sure these "so called" trading practices go against them and those doing this should be banned (ban hammer in-coming).
stevepdodson_ESO888 wrote: »As we are experiencing (on the EU server at least) right now, there is a large Guild Cartel, acting in some ways like an in-game Mafia, taking over and trying to manipulate the game economy.
They don't even try to hide this as you will now see about 15 to 20 of these guilds have even started wearing the same tabbard. (check out Belkarth, Rawlka, Mournhold, Grahtwood and look at the tabbards)
The infamous SkyBlobber (no real names here so no name and shame...and hopefully no one else has picked the name SkyBlobber) robber baron or "The Don" has even gone about buying up certain types of mats so can then fix/manipulate the price for them.
They have also set up "dummy" Guilds with little or nothing to sell just so they can bid for traders and prevent others who are not in the cartel from getting a spot.
I am not fully sure of the ZoS terms of service, but i am sure these "so called" trading practices go against them and those doing this should be banned (ban hammer in-coming).
There are still guilds who have not been strong-armed into joining the Cartel and "paying the protection money" but they are finding it harder and harder to find a guild trader to hire.
It is my hope that with sets becoming BoP and the updated writs providing more mats, the Cartel will become starved of money.
I know BoP will hit other players too (PvE raiders for example, but at least they will be compensated a bit by the high value items they can sell to vendors to offset the cost of potions) and is frowned upon by large parts of the gaming community, but we seriously cannot continue with this current Guild System that allows such practices.
*phew* spleen vented...you see what happens to me when maintenance goes on too long
WillhelmBlack wrote: »I don't buy from red bibs. No one should.
A red tabard with a skull and crossed daggers on the front. You will notice on EU that it's around 80% of the trading guilds in the popular locations.
WillhelmBlack wrote: »I don't buy from red bibs. No one should.
A red tabard with a skull and crossed daggers on the front. You will notice on EU that it's around 80% of the trading guilds in the popular locations.
Here's the scoop:
People with money are buying up gold tempers and other high value goods because when One Tamriel drops there will be a lot of new sets available which people will want to upgrade to gold. This means that the demand for gold tempers will skyrocket and profit will be made.
People with money are buying alchemy ingredients for the most popular potions because when One Tamriel drops there'll be a large increase in the demand for potions from people who have no choice but to buy them at whatever prices are available.
Once One Tamriel drops the price of Rubedite, Ruby Ash and Ancestor silk will plummet as the market becomes saturated thanks to the widespread availability of them in any zone and from any content assuming you're either CP160+ or have the required passive(s).
Trade cartels might be the conspiracy of the day, but given how often I don't see the famous, allegedly cartel, trade guild in Craglorn and instead in Hew's Bane and given the total sales per day of all the trade guilds (estimates of about 500 million) I doubt anyone buying up all the materials specifically to manipulate prices will actually make any impact beyond the brief period when there's more demand than supply.
Once the supply overwhelms the demand then everyone who sells benefits, and even then it might not work (put Tempering Alloys for sale at 12.5k and didn't sell for 2 weeks).
I find these topics hilarious/sad. I run a trading guild on NA PC, probably a sort of mid range guild. I do not tell people how to price their goods, or interfere in any way with anyones trading. If goods are selling for x amount, it is not because there is any conspiracy to force people to sell at x amount, it's because people have worked out for themselves that they can get x amount for that/those item(s). And people are buying them for x amount.
Put away the tin foil hats!
Did you read the post? Shutting others out of the market, by propping up a dummy guild to take up more of the limited space, is predatory capitalism at its worst.WillhelmBlack wrote: »I don't buy from red bibs. No one should.WillhelmBlack wrote: »I don't buy from red bibs. No one should.
what do you mean by "red bibs"?
A red tabard with a skull and crossed daggers on the front. You will notice on EU that it's around 80% of the trading guilds in the popular locations.
ok, I will check that out in the game.
And could you please elaborate more about which mafia cartel practices they do?
Cherryblossom wrote: »I find these topics hilarious/sad. I run a trading guild on NA PC, probably a sort of mid range guild. I do not tell people how to price their goods, or interfere in any way with anyones trading. If goods are selling for x amount, it is not because there is any conspiracy to force people to sell at x amount, it's because people have worked out for themselves that they can get x amount for that/those item(s). And people are buying them for x amount.
Put away the tin foil hats!
I think you forget most traders use an Addon to decide the price, so if you can get the most popular spots selling for the same sort of price it's incredibly easy to manipulate the Price.
You never need to tell people to sell at a certain price, because most will sell close or just below the normal price in the guild, if anyone goes well below, someone in the guild buys and puts straight back up for the Price they want it manipulated to.
It's not difficult and more or less any fool can do it if they have the gold. with 4 accounts you can belong to the guilds in the 20 most popular locations and do this solo if you want.
Did you read the post? Shutting others out of the market, by propping up a dummy guild to take up more of the limited space, is predatory capitalism at its worst.WillhelmBlack wrote: »I don't buy from red bibs. No one should.WillhelmBlack wrote: »I don't buy from red bibs. No one should.
what do you mean by "red bibs"?
A red tabard with a skull and crossed daggers on the front. You will notice on EU that it's around 80% of the trading guilds in the popular locations.
ok, I will check that out in the game.
And could you please elaborate more about which mafia cartel practices they do?
Imagine Starbucks going around buying up the locations around town to shut out competition from Dunkin Donuts and McDonald's and Taco Bell etc, so that your ONLY option is their overpriced products.
The people who mindlessly parrot 'supply and demand bruh' as if the words are a protection from market manipulation have not given consideration to how it stops being a 'free' market when competitors are not able to get a spot in the marketplace.
This is why I say the one surest method of returning integrity to the marketplace is a public trader available to all. And, likely making things bought from a trader BoP to quell reselling.