Only those who produce everything themselves from the beginning will be able to determine the price. (Miner themselves, produce themselves, sell themselves)
All the usury and speculators who sit in between and have profited immensely from buy orders will be less. Perfect!
How so? As far as i know the only random we had was the law of supply and demand.
Hey man, how is your relisting going? In the screenshot that you showed a few posts above, you showed sell orders for over a hundred billion. And you said it was just only one toon. Have you yet had to relist them because someone has outbidded you? Howās the relisting fee treating you? How are your āintelligent decisionsā going? XD
I donāt think that together with changes that were done to ore distribution and that are upcoming next week eve market will settle any time soon. And it is really hard to predict atm where it will finally land.
You misunderstood the post. Re-read it.
Well, any other market participants can certainly undercut then, reversing the situation, so whatās the problem?
Exactly what Iām thinking. Lets develop the thought further: forced low profits > traders leaving > one stays, is lucky b/c no competition for product X > puts X on the market with 100% markup > so suddenly there is again profit for product X > another trader appears, put product X on market with 50% markdown b/c he wants to avoid market pvp
Did I make an error in reasoning somewhere? Please say yes.
yep and this instable element is still there, but you have another one now and itās not the same equation any more.
Nah, you are exactly describing how it was before. And how it is now.
Prices evolve, people get cutā¦ well nothing changed.
Wrong, misunderstood like I said. By holding it āindefinitelyā Iām referring to the fact they hold the top sell order listing. Which means that unless someone else outbids them for top spot, once that order runs out, they can just create a new order above the rest for the top spot and āhold itā. Which like I previously stated is unrealistic because you will always be outbid.
Thanks for trying.
Just bake smaller rolls. Manyā¦small rolls
@Abdullah-Sekir-Bashka Thats how a native tribe with no contact to the world works, but in EVE we need a real market and thats a different thing.
If you read the rest of the post, I said the problem with this is the undercutting will eventually lead to profit margins being reduced to nothing. And as someone stated earlier will remain that way as long as at least two people are competing.
Now your profit depends on how many times you move your orderā¦ we are not in the same universe anymore.
No we donāt ? I mean, relisting fee is not an instability element wrt market. it increases the cost of relistingā¦ and thatās all.
And still, if they can place an order and that order remains infinitely the lowest SO, since that order is finite, that means there is no purchase of that item.
You mean, exactly like before ?
@Anderson_Geten Maybe I didnt make it clear enough: trading happens, because there is profit to be made. With the new changes Iām afraid we will drift into a stagnant market, because why waste game time with something thats not profitable?
Well itās still profitable. Just donāt udpate your orders.
And that wonāt happen since at some point you will lose money undercutting.
What you should rather do is to calculate a minimal acceptable (for you) price, and list your items at that price, not trying to chase for profits. Then, if someone undercuts you, it is not viable for you to continue that downwards game, so you do nothing.
If that order is lowest SO, then how will there NOT be a purchase of that item?
hence killing you profit if you move you orders to often or obliterating your marging if you are trading at 2%. Thatās another world, some trading techniques have ceased to exist today.