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SJ02
Posted - 2011.08.19 20:51:00 - [1]
 

I don't understand the reasoning behind putting items for sale for 100s of million when the normal price is hundreds of thousand. For instance I just needed to pick up an industrial and saw that every ship had multiple sale orders setup like this. Is the only hope that you trick someone into buying this? If you had that kind of money I wouldn't think you'd be so new as to fall for that. Is there some other reason for this?

Xenuria
Gallente
Genos Occidere
HYDRA RELOADED
Posted - 2011.08.19 20:57:00 - [2]
 

Originally by: SJ02
I don't understand the reasoning behind putting items for sale for 100s of million when the normal price is hundreds of thousand. For instance I just needed to pick up an industrial and saw that every ship had multiple sale orders setup like this. Is the only hope that you trick someone into buying this? If you had that kind of money I wouldn't think you'd be so new as to fall for that. Is there some other reason for this?


People often do fall for it.
It is unfortunate and sad but that is just the way it is.

Kilrayn
Posted - 2011.08.19 21:02:00 - [3]
 

Misclicks, they happen. Also people just not paying attention, or the seller is hoping someone is ******ed and/or desperate.

Also having isk doesn't mean you know what you're doing. Anyone can just sell a plex and have several hundred mil.

Magnus Orin
Minmatar
Wildly Inappropriate
Goonswarm Federation
Posted - 2011.08.19 21:49:00 - [4]
 

Edited by: Magnus Orin on 19/08/2011 21:49:46
There is value to the location of the item as well. Often times items that are cheap in one area of a region, are substantially higher in others.

For some, a 1000% price inflation is worth paying rather than jumping 40-50 jumps.

Edit: Generally not in the 100s of millions though. Those are likely misclicks or scams.

Liz Laser
The New Era
C0NVICTED
Posted - 2011.08.19 22:04:00 - [5]
 

A large number of your fellow pilots are inebriated or high. It's amazing how sloppy some of us can be in ANY facet of this game, particularly on weekends.


Tau Cabalander
Posted - 2011.08.19 22:07:00 - [6]
 

Edited by: Tau Cabalander on 19/08/2011 22:30:43

Buy orders are ALWAYS filled by the lowest priced available sell order. You cannot choose a specific order when there are more than one eligible.

There really is no point in overpricing unless there is no competition (erroneous buys will benefit the lowest sell order), or you are trying to change the market statistics (like raising the average listed price).

It is much easier to scam with contracts.

KaarBaak
Minmatar
Seatec Astronomy
Posted - 2011.08.20 01:16:00 - [7]
 

Edited by: KaarBaak on 20/08/2011 01:24:30
Originally by: Tau Cabalander
Edited by: Tau Cabalander on 19/08/2011 22:30:43

Buy orders are ALWAYS filled by the lowest priced available sell order. You cannot choose a specific order when there are more than one eligible.

There really is no point in overpricing unless there is no competition (erroneous buys will benefit the lowest sell order), or you are trying to change the market statistics (like raising the average listed price).

It is much easier to scam with contracts.



Isn't it the lowest priced sell order in the same station? Or is it the lowest priced item in the entire region? If it's the latter, does that mean the item is "teleported" from the lowest price station to the station you bought it in?

If I'm in station X and I want to buy something in station Y (because the ship i want to fit it on is in station Y) and it's available in both stations, but priced higher in station Y and I select it to buy the higher-priced one in station Y...which item is sold? Who gets the isk?



Matalino
Posted - 2011.08.20 02:44:00 - [8]
 

Originally by: KaarBaak
Isn't it the lowest priced sell order in the same station? Or is it the lowest priced item in the entire region? If it's the latter, does that mean the item is "teleported" from the lowest price station to the station you bought it in?
Lowest prices offer in the same station.

However, this can still be used to good effect with this scam. Instead of placing alot of items at a high price and paying the full broker fee, one item can be placed at the outragious price. An inventory of lower priced items can be maintained in the station to ensure that the overpriced item is never purchased. The player with the lower priced offer will still receive the full amount if anyone attempts to buy the overpriced item. The overpriced item can be kept on the market ready to snag more suckers for the reasonable fee of 100 ISK every 3 months.

Toshiro GreyHawk
Posted - 2011.08.21 12:03:00 - [9]
 

Edited by: Toshiro GreyHawk on 21/08/2011 12:17:00

Yeah some good explanations - but it's confusing so I'll add one more ... hopefully not confusing things even further ... .


1) You don't buy things in EVE you place bids.

2) The low bid ALWAYS gets the sale (yes within a station). Thus, if you have some items for sale at 100 ISK - and it is the low bid - no one can buy any of the items with higher bids. The game will NOT allow them to do it. If they click on one of these items (say their friend is selling things for 101 ISK and they want to buy his) the game will NOT sell them his items. What it will do - is to take items from the low bidder - and sell the buyer THOSE items - BUT - at the price they clicked on. Thus - even though their bid was for 100 ISK - if someone clicks on an item in the same station for 101 ISK - the person with the 100 ISK items will have one of them sold to the buyer for 101 ISK.

3) Thus - if you see bids (as you often do) where they are placed .01 ISK above the price of an NPC supplied item (such as some skill book) - those items will NEVER sell. The only way such an item could sell - is if the others below it were all bought up - and for NPC items like some skill books - they will NEVER run out. All I can think about THESE over priced items is that the person had an extra skill book (you usually see them as single item sales orders) and is trying to get their money back. If they had placed that Sell Order for .01 ISK LESS than the NPC supplied item - the very next sale would go to them - whether the person clicked on their item or not (assuming their .01 ISK lower bid was the lowest bid in station).


4) Now ... as to the outlandish prices - I've seen speculation on two things. One is that this is an attempt to shift the market average price by offering things at extreme prices, thus making higher prices seem more "average", and thus acceptable, than they might otherwise be. I don't know how well that works.

5) The other thing that will work - is that if the person placing the lowest priced Sell bid on an item - also places a bid at an extremely high value - and someone accidentally or mistakenly clicks on it - then THEY will get the sale because they have the low bid - BUT - they will get the sale at the extreme rate the person clicks on.


A story to illustrate this issue.

One thing you can do with Rookie ships - is repackage them - sending their modules into your items hangars - and then assemble them - where they automatically assemble with NEW modules. Thus - if you repeatedly repackage and assemble rookie ships - you can use them to manufacture rookie miners and weapons. Now - the weapons can no longer be sold but the rookie miners can. Since most new people don't know that they can do a Leave Ship on their rookie ship, then repackage and assemble it to make all the rookie miners they want - you can make a small amount of money selling Civilian Miners to new people - and when I first discovered this ... I did it some out of amusement. You're not going to make much money doing that as they sell for like 300 ISK. But I thought it was funny so I did it. I actually got a whole bunch of rookie ships - sent a petition to the GM's specifically asking if that was an exploit - and after being told that it wasn't, made several hundred Civilian Miners. If you look at the market and see bids for hundreds of Civilian Miners - this is how they were created.

Anyway - to the point of this story - I had these things on sale for about 300 ISK when I noted in my Wallet's Transaction Tab that I'd sold one for 1,000,000 ISK. I looked at the name of the buyer, looked them up, saw they were 3 days old and gave them their money back. I doubt they ever had any idea what happened - but - the extreme prices listed were WHY that happened. I had the low bid - some smart ass had posted one for 1,000,000 ISK and this new person ... for whatever reason ... clicked on that bid - giving ME the money.

*shrug*

.






ISD IonCharge

Posted - 2011.08.22 10:03:00 - [10]
 

When you rightclick > buy item on the market, what you are actually clicking is "create buy order for this item type, to this amount of ISK".

If there is a sell order in the same station, for less (or equal) ISK than what you set in your buy order then it is automatically paired with that buy order. Cheapest sell orders get paired first.

Basically, what you are doing is saying "I'll pay X isk for item Y" and the market matches that with someone saying "I'll sell item Y for Z isk" where Z <= X.

Myfanwy Heimdal
Caldari
Posted - 2011.08.22 10:06:00 - [11]
 

Originally by: ISD IonCharge
When you rightclick > buy item on the market, what you are actually clicking is "create buy order for this item type, to this amount of ISK".

If there is a sell order in the same station, for less (or equal) ISK than what you set in your buy order then it is automatically paired with that buy order. Cheapest sell orders get paired first.

Basically, what you are doing is saying "I'll pay X isk for item Y" and the market matches that with someone saying "I'll sell item Y for Z isk" where Z <= X.


Which price then gets matched? X, Z, the first chronological one or the last chronological one?

Kesshisan
Minmatar
Posted - 2011.08.22 14:18:00 - [12]
 

Originally by: Myfanwy Heimdal
Which price then gets matched? X, Z, the first chronological one or the last chronological one?


I believe you are asking "What if two people setup buy orders for the same item at the same isk, which one gets filled first?" (If not feel free to correct me.)

In this case I've noticed that the order with the lowest quantity gets displayed first in the station. I am assuming that the same order will get filled first but I have no experience so cannot absolutely confirm this.

Furthermore, I've no idea what happens if they both have the same quantity. I assume they will default to the chronological order as you eluded to, but again, I have no experience with this.

ISD IonCharge

Posted - 2011.08.22 22:40:00 - [13]
 

Originally by: Myfanwy Heimdal
Originally by: ISD IonCharge
Basically, what you are doing is saying "I'll pay X isk for item Y" and the market matches that with someone saying "I'll sell item Y for Z isk" where Z <= X.
Which price then gets matched? X, Z, the first chronological one or the last chronological one?
The matching happens instantly, at price X, as soon as the buy order is placed, if a matching sell order is present. Since the question was about buying directly from goods already listed on the market, and not about placing buy orders, all transactions will happen immediately so no chronology is relevant.

Tau Cabalander
Posted - 2011.08.23 00:16:00 - [14]
 

Edited by: Tau Cabalander on 23/08/2011 00:49:37
Quote:
If I'm in station X and I want to buy something in station Y (because the ship i want to fit it on is in station Y) and it's available in both stations, but priced higher in station Y and I select it to buy the higher-priced one in station Y...which item is sold? Who gets the isk?

It depends on the range of your buy order.

If the buy order duration is immediate (buy now), then the range defaults to the same station that you clicked on.

If there are 10 people selling it at the station at different prices, no matter which price you click on at that station, you will pay the amount you selected to the person with the lowest priced sell order at that station.

Example:
* Sell order `A' at station `X': 9 ISK
* Sell order `B' at station `Y': 10 ISK
* Sell order `C' at station `Y': 15 ISK
* Sell order `D' at station `Y': 10,000,000 ISK

You select sell order `D' and click "buy now". Your immediate buy order with station range, is filled from sell order `B' (the lowest in range) at the price of sell order `D' that you selected. You just overpayed by 9,999,990 ISK!

So if you have the lowest price sell order at a station, you can benefit from also having another sell order at the highest price at the station if people click on the wrong one.

Always make sure your market windows columns are sorted correctly by price: sell = lowest at the top, buy = highest at the top. Even I have accidentally overpaid because the columns were sorted wrong (luckily not much: I paid 100k for a 10k shuttle).


 

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