Since there are still people who think only in shadow/ghost/backup/whatever issue,
think of this, seriously,
- 97.43% spots in main cities are already have same guilds for years -
- Sometimes they got overbid/snipe by another guilds - there are competition in main cities but most of the time the settled ones win
- with the backup thingie they had the chance for their alternative spots. But this was like 1 spot for 6-7 guilds in an alliance
- NOW RE-READ THE CHANGE
- "every" guild has "9" other chances, two major guilds fight for the spot in main city, loser one gots the one tier down spot - guess what that lower tier spot will not be the rivenspire
- every week the war in main cities will be increase, why not? if you cannot win you can go one lower, and one lower,
- bid amount for the lower tier cities will be increased "SIGNIFICANTLY"
Now I tell you what will have happen with example if you still not understand
- people will fight for rawl,craglorn and mournhold.
- They will lose the bidding mostly to the ones stay for years
- NO WORRIES because they have other choices now - which they dont have now ! don't dare to say backup ones!! no one has 1-to-1 backup spot, 6-7 guilds have one spot!
- since they lose fight in rawl,craglorn and mournhold, they will go wayrest, elder, alinor
- the chance of losing will not be the same as the first fight - these guys tried to battle the major players!! think the money they have
- who loses the wayrest,elder,alinor? DOES NOT MATTER, because the ones that are in rivenspire,alikr,greenshade cannot fight the losers of that war!!!
the chance of new guilds? the chance of low-tier trading guilds? do they have money to bid on 10 spots? really?
GarnetFire17 wrote: »f047ys3v3n wrote: »Not sure why people are pissed about this or why they don't think the change will help small guilds.
The effects should be:
1) Smaller guilds will rarely loose their spot to a big dog since the big dogs will no longer have to buy up secondary spots on weeks they don't loose their primary and they rarely loose their primary.
2) Overall trader costs will lower as there are now fewer total guilds bidding for a spot (this is because you just removed all those shadow guilds of the big dogs.) Simple supply and demand here.
3) Week to week prices for specific traders will become more consistent and possibly also lower because the severe negative effect of loosing your bid (no trader at all) has been removed. You will now likely still get a lesser trader. (A secondary effect of this will be that spying will offer less advantages than it previously did.)
4) Guilds trader locations will move more often because, with a less disastrous worst case scenario, guilds will take more chances on bids to save money and will also take more chances on improving their location. This should be really pronounced right after the change as guilds currently have little data on how much location effects their sales and at least some of them will be adventuresome enough to want to find out if a move up or down in location is more profitable.
5) I expect the competition between guilds to become more dynamic and involve less cartel behavior (ie. getting other guilds leaders banned right before the bid to prevent them from bidding). In effect, being able to explore multiple options for trader locations based on price should bring the market closer to free market ideals and decrease the benefits of anti-competitive behavior. It certainly greatly lowers the barriers to entry to start and especially to grow a trade guild.
In short, I think the changes will make things dramatically better for almost all players in the market and that they should completely solve the problem of shadow trade guilds.
Some advice to many of you who have posted.... Just put your investments in index funds IRL. The lack of basic understanding about how markets work in here is just staggering.
1) smaller guilds don't often lose to the big guilds now, because the big guilds are where they want to be. And they have no reason to stop buying other spots up with shadow guilds. It's safer and it eliminates competition. Especially when there secondary bids are probably going to be bid against by other rich guilds too. They will just move the shadow guilds down the chain.
2) It doesn't make sense to say all the guilds will have less competition when all the guilds can now place 10 bids at once. The guilds that can afford to so will do it. And the ones who can't will have to try to squeeze more gold out their members in increased dues and quotas and fundraising to try pay for a higher bid to protect their spot and to also be able to afford a decent back up spot. And as I said the shadow guilds aren't going anywhere.
3) There is no way the prices will be more consistent with so many guilds paying for multiple bids. In my experience having to accept a lower level spot that you still have to pay for and that you don't want to be in and that you guild members didn't join for is pretty much just as bad as losing the spot for a week.
4) What you are talking about is instability and uncertainty. It's not good for making profit it's only good for those trying to move up the ladder. The guilds that are in the middle that have worked hard for a long time to establish themselves in a location they are happy with without making the huge profits of other guilds will be the ones that are screwed over.
5) I am not sure what Cartel problems you think are going to change because of this change. What ever guilds are working with each other will continue to do so. But for those that are not aligned there is probably going to be more shenanigans, because while it will encourage competition many don't like to compete fairly they just want to win.
You think you know markets really well. And you are probably pretty versed, but I don't think you know the ins and outs of what it is to be in the trade guild game of ESO. A guild with 2 shadows guilds can bid on 30 trader spots. This is very very dangerous. It's not going to be a good thing.
It's only a factor for the first bid though. Only one bid can win, and then it erases their 9 other bids. So, for example, Guild A could bid 10M on one trader, and 9M on a second trader. Guild B could bid 1 gold on the second trader. If Guild A wins their 10M bid on the first trader, Guild B will win their 1 gold bid on the second trader because the 9M bid is wiped away as if it was never cast. (Of course I realize a 1 gold bid is absurd, and also that there will be other competition for a trader. But the point stills stands, the 2nd-10th bid by Guild A is meaningless if they win their 1st bid.)
wavingblue wrote: »OK, have no idea why that line happened like that in that post. Oh well, wasn't intended.
GarnetFire17 wrote: »
I understand how it works. That Is not the point. The point is, that if one week a guild in rawlkha loses it's first bid, it's going to start a chain reaction that trickles all the way down the chain. Or if it happens in Vivec or Wayrest... same thing. the smaller guys will get shoved out because someone above them on the ladder lost and many guilds will be out of a spot at best in some other lesser spot they don't really want to be in. Now imagine that guy who out bid all the guilds in Rawlkha a month or so ago strikes again? You know who will still have the best locations, those 6 guilds that just got shoved out because they are real trading guilds and they just move down to the next rung for a week knocking out the guilds that were there, who knock out the guilds below them and so on. Unless the spot was taken buy a shadow guild who also have 10 bids each now.
redspecter23 wrote: »Since there are still people who think only in shadow/ghost/backup/whatever issue,
think of this, seriously,
- 97.43% spots in main cities are already have same guilds for years -
- Sometimes they got overbid/snipe by another guilds - there are competition in main cities but most of the time the settled ones win
- with the backup thingie they had the chance for their alternative spots. But this was like 1 spot for 6-7 guilds in an alliance
- NOW RE-READ THE CHANGE
- "every" guild has "9" other chances, two major guilds fight for the spot in main city, loser one gots the one tier down spot - guess what that lower tier spot will not be the rivenspire
- every week the war in main cities will be increase, why not? if you cannot win you can go one lower, and one lower,
- bid amount for the lower tier cities will be increased "SIGNIFICANTLY"
Now I tell you what will have happen with example if you still not understand
- people will fight for rawl,craglorn and mournhold.
- They will lose the bidding mostly to the ones stay for years
- NO WORRIES because they have other choices now - which they dont have now ! don't dare to say backup ones!! no one has 1-to-1 backup spot, 6-7 guilds have one spot!
- since they lose fight in rawl,craglorn and mournhold, they will go wayrest, elder, alinor
- the chance of losing will not be the same as the first fight - these guys tried to battle the major players!! think the money they have
- who loses the wayrest,elder,alinor? DOES NOT MATTER, because the ones that are in rivenspire,alikr,greenshade cannot fight the losers of that war!!!
the chance of new guilds? the chance of low-tier trading guilds? do they have money to bid on 10 spots? really?
For an up and coming guild, there will now be no reason not to at least try to cement yourself in the location of your choice. Have your heart set on Stormhaven? Toss 7 bids there, 1 on your usual location and 2 refuge locations for backup. Sure, you probably won't win the Stormhaven spots if you bid is low, but you only have to get lucky every once in a while for a shakeup to happen. If you're the guys in Stormhaven squeaking in with a low bid week to week, this is very bad news for you indeed. People saying this will benefit top guilds with tons of cash are partly right. They have the resources to toss around multiple huge bids. They will very likely have a spot somewhere after the flip. The issue is that other than not wanting to pick a fight (which is still advantageous in some ways) there is little reason not to throw bids at locations that you may not have tried before. We'll very quickly be able to start extrapolating bid prices. It woudln't surprise me if an addon pops up that tracks bid prices from multiple guilds and gives a range over time that a location is expected to sell for. MM for guild traders in a way.
DragonRacer wrote: »Say goodbye to lucky 10k hires in your moment of bid loss panic. They were already becoming rare... now they will be extinct.
DragonRacer wrote: »Say goodbye to lucky 10k hires in your moment of bid loss panic. They were already becoming rare... now they will be extinct.
Tbch, I was (saltily) taking that as a silver lining win. If we lose our bid(s) there is going to be absolutely no point in attempting that 5 min scramble. Good riddance.
Bosmer & Argonian. I too find racial changes to be "disrespectful". Those 2 that is. Sorry for off-topicthis is the most disrespectful and offended thing I face since bosmer losing stealth passive.
WardenofNirn wrote: »This will only help the biggest trading guilds out there to ensure a trader each week. What small or medium sized guild has tens or even hundreds of millions on their bank account, letting them bid on 10 locations at once?
As one of the big guilds, I absolutely agree. This does nothing to help smaller guilds get a kiosk.
There are other ramifications that give me pause, but ^ that is important for the guilds trying to join the trading scene.
(As one of my guildies noted: at least we won't accidentally lock ourselves into the wrong kiosk anymore. That is an awesome change.)
ZOS???
How is this going to help anyone except the large trading guilds? Seriously?
My main guild only has about 500k to bid each week which is rarely enough to get a trader. We would need 5 million gold to cover 10 spots. That is insane!
DragonRacer wrote: »Say goodbye to lucky 10k hires in your moment of bid loss panic. They were already becoming rare... now they will be extinct.
Tbch, I was (saltily) taking that as a silver lining win. If we lose our bid(s) there is going to be absolutely no point in attempting that 5 min scramble. Good riddance.
In the long run this is going to be very negative I think:
- More volatility in the market... easier to take a punt on taking a trader elsewhere if you know you have mutltiple backups... and unreliability in peoples traders is bad for everyone at every level.
- Higher bid costs due to above... and knock on effect on players having to pay more to support the bids.
- Medium/lower tier more disrupted by higher end trade guilds placing large backups on them. This will be FAR easier to do than creating ghost guilds so will become far more common.
- Trickle down effect increases costs on traders further down and increases the barrier to entry for newer guilds.
This is undoubtedly an overall benefit for the top tier trading guilds, but even then I see the potential for disruptive market behaviour which many may not like.
Feels like a poorly thought out solution to the ghost guild problem...
So, wait... Serious question:
Is anyone happy about this change?
I see representatives from small and large guilds, all saying no. Is anyone good with it?