PC/EU - Guild store market is being heavily manipulated (corn flower, spell pots and tempers)

lunawisp · March 2019

Have to agree with some of the points made by others in this thread. I spend quite a lot of my time running around gathering raw mats. I do very little crafting so I sell most of what I pick up then buy what I need when I do eventually get around to crafting something. If you think I value my time too highly, there's nothing preventing you buying elsewhere or maybe you could, *gasp*, go gather the mats yourself.

IzzyStardust · March 2019

You can also spend an hour farming or do your Alchemy surveys.

IzzyStardust · March 2019

Enzym3 wrote: »

My experience of the current trade market (xbox NA) is that several of our largest traders are owned by the same people/have formed trade-alliance with eachother -this caused dreugh wax for example to go from 4k each to 6.5k-7k+ this all happened at the same time on 1 day about 3 or 4 weeks ago now (which i flat out refuse to pay and I am openly selling all materials at their proper price).

These same traders literally copy and paste their prices across the board but what they don't seem to understand is return business, i used to only buy from certain traders but when i realised what was going on, i just search for the cheapest seller across my usual go-to-zones, ill see the same trader listing ancestor silk for 15k per stack and 9k per stack.. makes no sense to me, i buy the 9k and move to the next seller.

Honestly though i feel all traders have been geared towards catching out noobs as of late, especially with ESO being on game pass for quite some time now.. ruby ash being sold for exactly the same price as.. ash, it's almost like window trading mastic instead of rosin etc, just gotta be on your guard like with anything while exchanging your hard earned for something.

And they are making a 2-3k profit on each one they buy of yours and flip. I'd only sell at the low prices to people you KNOW are using them.

IzzyStardust · March 2019

Skwor wrote: »

😆 it is called economics and some of us saw this coming. Feel free to buy my cornflower (I have thousands literally) and my wax (lost count of how many stacks) and my gold plates, I have around 25 atm, kind of low stock on those.

Some of us play ESO for the market 🤑

Elder Stocks Online

eklhaftb16_ESO · March 2019

Do you know that spot in Grahtwood full of spriggans accompanied by senche-tigers? That spot has been lousy with botters for years. Dead tigers everywhere.

I was passing through there some twenty minutes ago, and guess what? Not a single bot in sight. Apparently, ZOS finally stomped on them.

That would explain your dreugh wax prices, no?

Elwendryll · March 2019

Change in racials, new content, Elsweyr announced, peak of player activity, rise in demand. I don't see anything wrong

That's not uncommon to see market changes before or after major changes...

midgetfromtheshire · March 2019

mcagatayg wrote: »

people need to stop it with "JUST GO AND FARM LOOOOOOL", as a person who works 8 hours that is a really stupid thing to do, last thing i want before trials is to farm some flowers

Then don't farm them. You can pay the prices that people want to sell it at.

Tsar_Gekkou · March 2019

I've heard that at least on Xbox NA, wax has shot up in price since most of the bots have gotten banned, which means cheap wax isn't as plentiful. And the few people who still are botting only sell to a couple people for the low low, and those people aren't giving up their sources. With the bots gone, you're either gonna have to farm more, or sell skin runs to afford a decent amount of materials.

Jeremy · March 2019

zaria wrote: »

Jeremy wrote: »

bharathitman wrote: »

By this time it should be obvious to most end game raiders or people who are playing seriously that some weird things are going on when it comes to
Spell Power Pots

Corn Flower

Dreugh Waxes

A single individual with loads of gold is going around and buying all the stacks of pots, corn flower and waxes. Prices are through the roof now, people are buying Corn Flower at like 600g per unit and spell power pots are very hard to find. Dreugh Wax prices have shot up from 4k ish to 7k now.
The lack of easy access to spell power pots have unintended consequences to people who don't have a huge stock pile. This is adversely affecting mag dd's who want to train / progress through a trial. I and many of my guild mates think twice before bringing a mag dd to a raid.
I know it's an open market and people can do whatever they want, but this is getting out of hand

This isn't possible because the guild trader system makes market manipulation impossible.

Not impossible simply harder.
You can do this in real life to and it has happened.
You can also get people seeing an trend of raising prices and buy like in any marked.
Just the rumor of an drop rate nerf will raise price as people will buy.

I was being sarcastic. ^^

Master_Kas · March 2019

ATomiX96 wrote: »

If you think its bad now, wait until only IC gets opted out of all campaigns and there will be only one campaign dedicated to IC, its gonna make telvar farming even harder and potion / reagent prices are gonna go up even further.

This is what I fear as i usually get my flower supply from soloing/duoing bosses in IC.

Jeremy · March 2019

VaranisArano wrote: »

Jeremy wrote: »

bharathitman wrote: »

By this time it should be obvious to most end game raiders or people who are playing seriously that some weird things are going on when it comes to
Spell Power Pots

Corn Flower

Dreugh Waxes

A single individual with loads of gold is going around and buying all the stacks of pots, corn flower and waxes. Prices are through the roof now, people are buying Corn Flower at like 600g per unit and spell power pots are very hard to find. Dreugh Wax prices have shot up from 4k ish to 7k now.
The lack of easy access to spell power pots have unintended consequences to people who don't have a huge stock pile. This is adversely affecting mag dd's who want to train / progress through a trial. I and many of my guild mates think twice before bringing a mag dd to a raid.
I know it's an open market and people can do whatever they want, but this is getting out of hand

This isn't possible because the guild trader system makes market manipulation impossible.

Nothing's impossible to the sufficiently determined.

That was meant as sarcasm.

I was taking a swipe at one of the popular arguments used by guild trader enthusiasts that it makes the economy immune to manipulation.

Varana · March 2019

Except that the argument, if used seriously, is not "immune" but "more resilient" or words to that effect.

NoTimeToWait · March 2019

Jeremy wrote: »

That was meant as sarcasm.

I was taking a swipe at one of the popular arguments used by guild trader enthusiasts that it makes the economy immune to manipulation.

Most of the things that heavily rely on human interaction are liable to manipulation. Our species evolved by manipulating each other. But distributed systems are usually more robust though

Eyllora · March 2019

I also have noticed that I haven't seen bots lately, whereas I was reporting many of them almost every day at some point. So if bots are erased, and that's good thing, prices will go back to what they where before. People who REALLY farm mats, who spend time on it, deserve to get money out of it. And as many said here, people who find the price too high have many options to gather their own resources :-) That can also help to understand the value of the said-resources

Grimm13 · March 2019

many are failing to take into account the recent racial changes in the market. People are making new gear now for those changes, some are adapting their play styles and using more boosts. Factor in the characters that are coming of age from new players from these past months. This all means, markets change.

Vahrokh · March 2019

Kikke wrote: »

The market in ESO is the closest to a free trade market in any MMO.

Actually, Eve Online does it way, way better. Including trading windows with market charts.

Vahrokh · March 2019

West1389 wrote: »

Wait this cant happen, it only happens in the auction house.

In fact, this happens since when ESO guild traders have become an auction house.

Everyone and their mother nowadays use TTC and the related website. It virtually creates a global AH by putting all the prices of all the guild traders in an easily accessible list.

This lets market savy people instantly know if there's a convenient guild trader where to buy item XYZ and relist it as same price as everywhere else. Of course this works best with rarer items, where all you need to do is to buy 10-20 (or less) items to manipulate its market.

Furthermore, unchecked, dominant massive guild cartels have formed. Nowadays major guilds have 1 trader at Craglorn, 1 at Deshaan, 1 at Alinor and so on and on for the major cities. Of course their members see and fix all the prices at the unison.

Basically, with some effort, a virtual AH has been created, and now you enjoy what an AH in a MMO means: massive suckage, like in WoW.

Androconium · March 2019

The short answer here is that you either buy the item for what is marketed at, or not.

Caveat emptor.

Kikke · March 2019

Vahrokh wrote: »

Kikke wrote: »

The market in ESO is the closest to a free trade market in any MMO.

Actually, Eve Online does it way, way better. Including trading windows with market charts.

Forgot about EVE, what an amazing game. Okey, secound best free market off MMOs.