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Mme Pinkerton
The pink win
Posted - 2010.06.16 12:56:00 - [451]
 

Originally by: Conspersa
Hey there, quick question If I may? I have blueprints for Covetor, I checked the market at Amarr and there is 1 buyer for 522mil, I wish to sell to that buyer the blueprints, however when I click (either left or right click) on the buy details it will not give me an option to sell to the buyer, or any information obout the player so i can contact him directly. I have only been playing just over a month so please excuse my 'noobness'Embarassed, but could anyone please tell me how I can sell the Covetor blueprints to this buyer? Many thanks in anticipation.Very Happy

The first time you use the blueprint (for production runs or by doing ML/PL research on it) it becomes unpacked (i.e. in EVE's database it goes from being a "generic Covetor Blueprint" to being "Conspersa's very special Covetor blueprint").

You can only sell packaged BPOs on the market and there is no way to repackage a BPO.

You can easily check if that's the cause of your problem by looking at the BPO's picture in your hangar - if it has the quantity indicator "1" still in the bottom right corner it is packaged, if not it has been unpacked and can only be sold via the contracts system.

Shar Tegral
Posted - 2010.06.16 15:02:00 - [452]
 

Originally by: Conspersa
I have only been playing just over a month so please excuse my 'noobness'Embarassed, but could anyone please tell me how I can sell the Covetor blueprints to this buyer?
The repack/unpack advice is good but I've a question for you. Are you trying to sell an original blueprint or a blueprint copy?

Mind you I'm not asking because of the differences between BPO & BPC. Mostly because wtf is a 1 month self proclaimed noob doing with a covetor BPO? Mind you being 1 month old is a good reason for not knowing about pack/repackage conventions.

Uverig
Posted - 2010.06.20 12:32:00 - [453]
 

Sorry if this question seems stupid but i havent been playing for very long. I recently put a couple items up for sell in Jita, how will i know when the item is purchased and when or how do i receive the isk for the sell that had occured.

Shar Tegral
Posted - 2010.06.21 01:42:00 - [454]
 

Originally by: Uverig
Sorry if this question seems stupid but i havent been playing for very long. I recently put a couple items up for sell in Jita, how will i know when the item is purchased and when or how do i receive the isk for the sell that had occured.
If you have default settings on your wallet (most people do) your wallet will flash when a sale goes through. (Of course it'll flash for most changes as well.)

You can check your journal or orders for any updates. (I prefer journal myself) As to when you'll get the isk, as the sale goes through.

Tenn Graneet
Posted - 2010.06.22 14:39:00 - [455]
 

I recently bought some npc goods and selled them in other region for a good profit. When I started this there was couple hundred thousand units available, I bought some of them and I guess someone other the rest since that supply is all gone.

I was wondering when I start to see new sell orders for that stuff because last 3 days there's practically none and those few sell orders that are there are much higher price than previously making same trade run unprofitable. When I checked price history it showed quantity was 100k-200k for every day until it dropped to practically zero after bought some of that were available. I thought npc goods are available some what steadily. There's 3 or 4 buy orders and mine also the highest, which I put at roughly the same price I previously paid. I hope someone can explain this to me :) I hope you understand what I'm trying to explain here...

Dr Nefarius
Posted - 2010.06.24 21:45:00 - [456]
 

Originally by: Tenn Graneet
I recently bought some npc goods and selled them in other region for a good profit. When I started this there was couple hundred thousand units available, I bought some of them and I guess someone other the rest since that supply is all gone.

I was wondering when I start to see new sell orders for that stuff because last 3 days there's practically none and those few sell orders that are there are much higher price than previously making same trade run unprofitable. When I checked price history it showed quantity was 100k-200k for every day until it dropped to practically zero after bought some of that were available. I thought npc goods are available some what steadily. There's 3 or 4 buy orders and mine also the highest, which I put at roughly the same price I previously paid. I hope someone can explain this to me :) I hope you understand what I'm trying to explain here...


The latest addition in eve, planetary interaction (PI) enables pilots to run small production colonies on planets. This production results in some products that used to be sold and bought by NPC orders. Those sell/buy orders where removed about a week ago.

Note that not all NPC orders where removed, just the ones now available to manufacture in PI.

Chomondeley
Posted - 2010.06.28 22:28:00 - [457]
 

Hello Good Folk of The MD Forum.

Some advice/help if you will?

A colleague and I are wanting to Invest some Isk, nothing too major, say a couple of Bill. What we are looking into is possibly investing this in Bonds.

Now, We may well do a little research, in order that we dont get burnt by the scam monkey, but is there a reputable Bond or IPO service that we can look into?

Both my colleage and I are Lazy, too lazy to buy/sell/haul etc, besides we're too busy having fun, so we figure we'd like our isk to grow/work at a sensible pace but enough to allow us to continue having fun.

Any Thoughts and advice would be most welcome. Thank you.

Marshiro
Posted - 2010.06.29 03:03:00 - [458]
 

A few questions:

1. Can you create a buy order for rigged ships? Say a order of tri-ccc raven or something.

2. When your margin trade buy orders gets wiped out due to insufficient wallet, how can you tell which order is being taken out? Is it displayed in the wallet info somewhere?

3. Where do killboard module values come from, as there appears to be no eve-central for luxury items? Or are they hard coded from some master database that someone collected over time and actually does not follow the market closely.

4. Is there a master list of known scammers and their previous acts somewhere? How about a list of pirates that don't honor their ransom demands?

5. If you package a courier contract inside another, can the courier still see inside of it? Can cargoscanners (from suicide gankers) scan them? (i've heard about the item inside can inside courier technique, but that doesn't work for things like, say a cruiser) Is there some combination of couriers and cans that is effectively peek proof?

6. Who the heck buys battleship t1 bpc at up to 10m each considering how, post insurance nerf, that there has to be a glut of unused battleship bpos around?

Shar Tegral
Posted - 2010.06.29 12:10:00 - [459]
 

Originally by: Marshiro
1. Can you create a buy order for rigged ships? Say a order of tri-ccc raven or something.

No.
Originally by: Marshiro
2. When your margin trade buy orders gets wiped out due to insufficient wallet, how can you tell which order is being taken out? Is it displayed in the wallet info somewhere?
Yes. There is this list of "orders". The order in question was there and then, as if by magic, it will no longer be there.
Originally by: Marshiro
3. Where do killboard module values come from, as there appears to be no eve-central for luxury items? Or are they hard coded from some master database that someone collected over time and actually does not follow the market closely.
A momma module meets an attractive daddy module. In time they have a few little modules. Some don't always grow up to be nice. That's where killboard module values come in.

(Depends on the software as it is 3rd party to Eve. Equally, dissection or conversation about killboard package depends on the package & is not really for discussion here at EO.)
Originally by: Marshiro
4. Is there a master list of known scammers and their previous acts somewhere? How about a list of pirates that don't honor their ransom demands?

No. Many attempts to make one, there is even one that is supported, but with the fungibility of identity no list is going to be comprehensive. That's just scammers.

Ransomers who do or don't is another list that isn't even being tried.
Originally by: Marshiro
5. If you package a courier contract inside another, can the courier still see inside of it? Can cargoscanners (from suicide gankers) scan them? (i've heard about the item inside can inside courier technique, but that doesn't work for things like, say a cruiser) Is there some combination of couriers and cans that is effectively peek proof?

This is one of those things you simply have to figure out for yourself. It isn't hard either. Mount up a cargo scanner and make the contract combinations. Why take our(my) word for it when you can do it yourself.
Originally by: Marshiro
6. Who the heck buys battleship t1 bpc at up to 10m each considering how, post insurance nerf, that there has to be a glut of unused battleship bpos around?
A customer who is either genius or a fool. The key thing to remember: it is a paying customer so why waste energy wondering and spend your time counting.

MailDeadDrop
Rage and Terror
Posted - 2010.06.29 20:58:00 - [460]
 

Edited by: MailDeadDrop on 29/06/2010 20:59:51
Originally by: Marshiro
1. Can you create a buy order for rigged ships? Say a order of tri-ccc raven or something.

Originally by: Shar Tegral
No.

Allow me to elaborate on the "why" of Shar's answer. The answer is "no" but for reasons only tangentially related to the presence of the rigs. You cannot put up a buy or sell order for assembled (i.e. not "packaged") goods. So even an unrigged Raven could not be bought/sold via the market as long as it is assembled.

This is also why used BPOs cannot be sold on the market: immediately prior to a BPO being used (manufactured with, researched, copied, ...) the system "assembles" the BPO. Unlike other assembled goods in Eve, there is no "repackage" option for BPOs. (Which is probably a good thing, otherwise we'd have piles of idiots/drunks screaming about the weeks of research time lost when they repackaged their researched ship BPOs...)

Edit: which is exactly what Mme Pinkerton explained at the top of this page. /facepalm
MDD

stannoman
Posted - 2010.07.01 06:07:00 - [461]
 

I have a question concerning the market for traders on a specific level.
I have now worked up my way and got 50million ISK. The regular trade goods however, seem not to be a good way anymore to trade, because theyre just too cheap products. I have 40mill capital, to buy things with, to trade, but what items should I look for specificly, now that the Trade Goods start to get too cheap to use the full capital for trade runs?

Thanks in advance

Shar Tegral
Posted - 2010.07.01 17:19:00 - [462]
 

Originally by: stannoman
The regular NPC trade goods however, seem not to be a good way anymore to trade, because theyre just too cheap products.
I added that part because I believe that is the trade activity that you are discussing. As such I'm going to gear my advice (opinion) from the perspective. (If I'm wrong, take it for what it is worth to you.)

Firstly, this activity is usually looked upon as very low end trading. The only challenge is being the first one to get on the NPC's teat.

Low Returns

You did know that Prices are at their lowest just after DT right? This means that about 5 minutes after DT all the prices are jacked up to almost Max. The reverse is also true: First person to sell off after DT gets the bestest pricing as well. People tend to try to control this by setting up buy & sell orders so that when the market server (the CCP internal server) goes live they'll hopefully snatch product first.

This makes it more about bilking the mechanics of the system instead of actually making economic plans/choices. (Mind you I've engaged in this as well - Don't make the world, do try to get by in it!) But I hope this part explains to you why margins are so thin. Also the thin margins are why few suggest it as a "good" activity.

That being said, trading in player items tends to bring better margins however you have to be smarter instead of just earlier. I'd love to give you some advice but, truly, if I post it here the advice will be worthless shortly thereafter.

You might have to dig in this thread or the market resources section of Evelopedia for primers on trading. This area has been well covered by many. Trying to tell you my own opinions about the matter, here, would simply generate misleading debate over something, like I said, already well covered again and again. In short, the whole teach a man to fish thingey.

If you can't figure it out from what is available, none of us can really help you much. From deficiency in you or us who knows & truly who cares - just a simple truth.

Varo Jan
Caravanserai Consulting
Posted - 2010.07.03 02:14:00 - [463]
 

Originally by: Chomondeley
A colleague and I are ... looking into investing [2B] in Bonds.
Is there a reputable Bond or IPO service that we can look into?


Offerings are thin on the ground at the moment. Rates vary from 2%-ish for the T4U IPO to 7%+ for a first time bond offering from a new face. There is no substitute for doing your own homework, and nobody to blame but yourself if the offering fails and you lose your money.

ameerkam47
Posted - 2010.07.04 04:56:00 - [464]
 

Hi MD, long time reader here, I have a quick question. I got into trading a month ago and its too damn profitable, so profitable in fact that i have started a 2nd account dedicated to trading, and am interested in running a bond to expand for more iskies, how is that done. I have seen other threads about bonds, but is there a specific in game mechanic or is it once a month/week I send my investors their cash?

Arch Harley
Posted - 2010.07.04 22:00:00 - [465]
 

Concerning trade routes -

I'm looking to commit to trade routes with one of my characters. Specifically inter-region routes selling items that I can procure from market and move to another location and sell to buy orders for profit. Is this viable as a long-term plan?

If so my question would be - is it possible to find consistent routes to provide a steady income? I'm not after any freebies or handouts - but I seem to be playing the guessing game between jita/amarr currently. I spend my day landing opportune items; selling tit and tat for profit as I stumble across it. This doesn't seem like the best use of my time - especially since most of my revenue is generated by pure luck/chance.

Arch is currently flying a mammoth with CE-IIs and CH optimization rigs - but I'm struggling to consistently generate more than 30+ mil a day trawling the market and trying to catch trends on Eve-Central with roughly 500mil available to me.

As a side note, I did spot a couple of items from the main hubs, but required incredibly large amounts of isk to generate a noticable profit (which isn't worth it in my indy ship). I don't want to get popped and have lose everything, which means splitting the hauls, effectively halting growth.

I'm probably going around this the wrong way somewhere as I'm very new to this - but any tips/help would be most appreciated.

Cheers,

A.

Shar Tegral
Posted - 2010.07.05 01:44:00 - [466]
 

Bonds Advice
Originally by: ameerkam47
I have seen other threads about bonds, but is there a specific in game mechanic or is it once a month/week I send my investors their cash?
There are in game "shares" which can be sent to investors and used as a mechanism to distribute funds. Additionally some people like to simply manual manage who is invested and do the dividend payouts by hand. (I'm one of those!) There is no automatic payout mechanism.

Trader Advice
Originally by: Arch Harley
Is this viable as a long-term plan?
Yes
Originally by: Arch Harley
If so my question would be - is it possible to find consistent routes to provide a steady income?
Not possible as there are too many variables.
Originally by: Arch Harley
I don't want to get popped and have lose everything, which means splitting the hauls, effectively halting growth.
My preferred vehicle of gypsy trading is an Orca with cargo rigs. Go with an agility fit and an afterburner to sling you into warp faster. Cargo is vastly greater, the alternate cargo bays are very useful and hidden.

It sounds like you are filling "demand" in one region with goods sold in another region. I, myself, call this gypsy trading. It tends to bring low profits unless there is some sort of lag in market adjustments. Filling buy orders empowers someone else, rarely will it empower you.

Cross Region trading, which doesn't necessarily means you haul cargo(!!!), is all about acquisition elsewhere and resale in another region. Resale by listing your own standing sell orders, not by filling standing buy orders.

The actual cargo hauling is often done via contract instead of the trader physically moving things from place to place. Usually the trader uses multiple clients to monitor regions of interest. This way he can buy & sell planning out his trading and simply set up couriers for others to handle.

I hope that's enough advice for you, should get you to see other avenues along side your current activity.

Varo Jan
Caravanserai Consulting
Posted - 2010.07.05 17:12:00 - [467]
 

Originally by: ameerkam47
Is there a specific in game mechanic or is it once a month/week I send my investors their cash?

Go for once a month - cuts your overhead down.

You could set up a corp solely for the purposes of disbursing bond interest using the share dividend mechanism, but I doubt it would be worth the hassle for a short term bond. Doing it manually doesn't take much time. It was taking me 30 to 45 minutes a month to pay 36 investors.

Varo Jan
Caravanserai Consulting
Posted - 2010.07.05 17:29:00 - [468]
 

Edited by: Varo Jan on 05/07/2010 17:29:46
Originally by: Arch Harley
I'm looking to commit to trade routes with one of my characters. Specifically inter-region routes selling items that I can procure from market and move to another location and sell to buy orders for profit. Is this viable as a long-term plan?

If so my question would be - is it possible to find consistent routes to provide a steady income? I'm not after any freebies or handouts - but I seem to be playing the guessing game between jita/amarr currently. I spend my day landing opportune items; selling tit and tat for profit as I stumble across it. This doesn't seem like the best use of my time - especially since most of my revenue is generated by pure luck/chance.

Yes, it is a viable plan. Be prepared to settle for low margins, but make sure you turn your capital over daily.
Products will change, routes will change. Do not rely on Eve Central. Do your own research. There was a guy in my old corp who had it down to a fine art. He'd spend a few days researching, then run a bond for a month or two by trading between two regions. Made a mint. He played smart.

Quote:
Arch is currently flying a mammoth with CE-IIs and CH optimization rigs - but I'm struggling to consistently generate more than 30+ mil a day trawling the market and trying to catch trends on Eve-Central with roughly 500mil available to me.

As a side note, I did spot a couple of items from the main hubs, but required incredibly large amounts of isk to generate a noticable profit (which isn't worth it in my indy ship). I don't want to get popped and have lose everything, which means splitting the hauls, effectively halting growth.

Hauling is great to start - it teaches you a lot of things about your regions. However, sooner or later you'll want to switch to courier contracts. It saves your time and moves the risk to the courier company. It's worth the cost.

Hel O'Ween
Men On A Mission
EVE Trade Consortium
Posted - 2010.07.06 18:35:00 - [469]
 

Edited by: Hel O''Ween on 06/07/2010 18:36:00
Withdrawn - replied to an old question which got long answered meanwhile. Embarassed

Shar Tegral
Posted - 2010.07.06 19:13:00 - [470]
 

Originally by: Hel O'Ween
Withdrawn - replied to an old question which got long answered meanwhile. Embarassed
Yeah but it is the variety of answers that sometimes makes for great win. Or laughter!

Versoth
Posted - 2010.07.07 00:35:00 - [471]
 

Hi, first time MD poster here, thought I've popped my head in to check things out from time to time.

With my imminent departure for college, I figured the best and least time-consuming way to continue to make ISK was to make a manufacturing and research character (missions just take too much time)

I asked around in my corp, a few of whom have done the same thing, and was referred to the wonderful tool that is EveHQ and the Prism tool. The only problem is that the prices were not updated.

No problem, I thought, there is a simple way to get price updates that I've heard so much about. So I dug around and got to the price updating tab and updated faction prices from evehq.net with no problem.

However, and I've noticed this before... Eve-Central is down.

I realize that I'm probably apocalyptically late to the show on this one, but forums search sucks and I couldn't find any information on alternatives that wasn't from 2008.

So I ask you, gods of the EVE market: How would I set up EveHQ to update market prices from a working source?

Shar Tegral
Posted - 2010.07.08 13:22:00 - [472]
 

Originally by: Versoth
So I ask you, gods of the EVE market: How would I set up EveHQ to update market prices from a working source?
I apologize for the delay in any response. I noticed your query shortly after you posted it.

I do not use EVE-HQ at all myself. My clumsy research into the application itself yields little... ... zero information on how to resolve this, or almost any, issue with the application. I can't even tell if the application is being supported.

I didn't want to sandbag you with this information which is why I did not post. I had hoped someone might have answered you with something better than what I've given you. Sadly, I think that perhaps there is no better answer.

I just didn't want you to think you were ignored.

Bernard Schuyler
Posted - 2010.07.09 20:53:00 - [473]
 

For someone brand new at trading, are there any tips on picking a station or stations to get your feet wet? I mean apart from the granted avenue of "research?" There are LOTS of stations so any kind of narrowing down helps :-p

For example, are regional empire hubs someplace good to start looking?

Mark Democratic
Posted - 2010.07.09 21:29:00 - [474]
 

Dissatisfied with all other careers in EVE ( and I've tried them all in my 3 years of playing) I have decided to try the only career I have not delved into, that also interests me the most...trading.

Now, I like to think of myself as a smart person, give me a university math problem and I will solve it for you, but in regards to anything about markets, I am a complete IDIOT. I understand that the principle of Trading is "Buy Low, Sell High" so I have tried doing that, but its particularly hard to find sell orders that are low enough to sell to buy orders with a profit. Thus I come to my first set of questions.

1. Do I set up my own Sell Orders, as supposed to selling to buy orders?

2. Where Do I set up my Sell Orders, mission hubs, trade hubs, less-populated regions, maybe even low or null sec?

Now I have heard of this fad called "station-trading", where ( In Jita at least) one micromanages his sell orders, since the competition will just undercut you by a penny every 5 minutes. Now, I cannot allocate the time required to "station-trade" in this manner, so my next question is...

3. How do I deal with competition (even when not station- trading, competition in general)?

Another thing I have been wondering, is about these trade hubs. Whats the "trading rule" surrounding them, what I mean is...

4. Are trade hubs good place to get cheap goods, as the competition is high there.

5. And if #4 is true, then logically the outer, less populated regions are a good place to sell at higher prices?

One thing thats REALLY been bugging me is with this new PI mechanic, and its effect on the market. I have read on the forum about people who, after PI came out, purchased alot of these commodities that used to be sold by the NPC stations at low prices, and now have sold them at higher prices (since the price of these commodities have gone up, due to the labor of pilots involved to extract them). People made billions off this. I never even thought of that. How does one predict things such as these. Another example, if two major alliances begin fighting eachother, will this effect the market, and how will I know which items it will effect. My big question here is...

6. How does one predict curves, trends and the overall changes in the market? (Any examples would be appreciated)

But perhaps my biggest question yet, "What type of things should I trade?". Items with small volume? I have tried to sell Minerals like Zydrine in bulk, going from region to region, marking down the prices, and seeing if a buy order is higher than a sell order in another region, and selling like this to make a profit. But I havn't found that to be very successful, what else? Drones, ammo? Is this what traders make billions out of? I don't think so

7. What sort of things should a aspiring trader sell.

I cannot say I am a rich person, I have always been very spendy. In my three years of playing, never have I had a wealth that exceeded 200mil. I hope to change that. At this moment I have around 100mil I am willing to invest in trading. And I am NOT willing to do PLEX. I would like to see if I can become a billionaire without resorting to PLEX ( kind of feels like cheating to be honest)

Any help would be VERY well appreciated and recieved.

Thank You

PinkFish
Posted - 2010.07.10 06:43:00 - [475]
 

Originally by: Mark Democratic
Stuff


First off let me congratulate you on moving to this thread from the one you started. Showing a willingness to listen to what people say in MD is a refreshing change. It even makes me want to help you!

The easiest way to get started as a trader in EVE is simply to apply the knowledge of all the little things you've picked up over years of playing. Few new traders have this luxury, so you have a considerable advantage in this regard. Every time you have been annoyed because something is not the way you would like, you had an opportunity to profit. Successful low time investment trading is 100% about figuring out how to monetize those annoyances, and doing so to the maximum amount possible.

You won't find specific details here in MD. Anyone who tells you what to trade or how is trying to mislead you in some way. Similarly there is considerable uncertainty in EVE, so that questions related to what activities are best in hubs are a gamble at best. It's different for every item and the answer changes without warning from day to day.

My only advice to you is a rehash of what I've just said. Stop trying to trade by following advice on these forums (except for mine! :)), and instead start trying to monetize your knowledge of EVE. You already know how the other professions work, so go make their lives more convenient for a small (large) fee.

Good luck.


Neighbourhood Spiderman
Daily Bugle
Posted - 2010.07.19 09:17:00 - [476]
 

Originally by: PinkFish
Originally by: Mark Democratic
Stuff


More stuff




Greetings and Salutations

This is by far one of the best advice i have read in this thread and should be read by many as most MD Elitists wont share there market wisdom until it is too late for you to make any iskes from it.

Sincerely

Your Friendly Neighbourhood Spiderman

Shar Tegral
Posted - 2010.07.20 08:26:00 - [477]
 

Originally by: Neighbourhood Spiderman
This is by far one of the best advice i have read in this thread and should be read by many as most MD Elitists wont share there market wisdom until it is too late for you to make any iskes from it.
Mind, I totally agree with you except for in the area I have marked in bold. Additionally, I can only speak for my own motivations on this but I think you are granting "MD Elitists" more credit, and less credit, then they deserve.

Firstly, "MD elites" do not often work as a group in any fashion. What most people infer from the interaction is a more nefarious "unseen hand" then what actually tends to occur.

Secondly, as many elites miss out on market opportunities as those that leverage them. By its very nature it is the opportunities that dictate the window in which to capitalize. Veterans of the market can almost instinctively pick up on changes. There is no "elites" only information network.

Now to the idea about sharing of the information & advice:

  1. One common thing that can be said about all those who visit here, with earnestness, is that we all agree: Isk is power. If that is an agreed upon community axiom then it goes without saying, sharing power to just anyone is the height of idiocy.

  2. The giving of advice is a burden upon the giver.

    Honest brokers feel a sincere obligation to anyone who follows their advice. The list of things that can go wrong with such advice is numerous. Far better to teach people how to read the market and learn to decide for themselves then it is to give any direct advice.

Originally I was going to break down the points into smaller ancillary points with finer shadings. Hopefully my choice to just shorten the whole matter is more effective for its brevity.

Corozan Aspinall
Perkone
Posted - 2010.07.21 19:45:00 - [478]
 

Just wondering about this, someone did explain it to me once a long time ago, but I am not sure I can remember the details as to why it happens ..

Lets say I have an item listed in a system for sale @ 1.5m each

Why then do people pay me more than that for the item? Usually the same amount as the highest sell order in system?

Twice today I have received 2.1m for something that's listed, by me, for 1.2m. Its not a bug so what causes it?

Thoraemond
Minmatar
Far Ranger
Posted - 2010.07.22 00:15:00 - [479]
 

Originally by: Corozan Aspinall
Lets say I have an item listed in a system for [sale]. Why then do people pay me more than that for the item? Usually the same amount as the highest sell order in system?


This and other common questions are answered briefly in the Market Discussions FAQ on the EVElopedia.

Originally by: Market Discussions FAQ
Why do people sometimes pay more than my asking price when I was asking the lowest price?

Recall that the best order is always matched first. They might have right-clicked the second-best (or some other) order, but the transaction processing system matched their bid to your order.

[Emphasis added.]


Further explanation

As a convenience, when the buyer right-clicks an ask in the Market window and chooses "Buy This", the dialog box for the creation of his or her own bid is pre-populated with the item type, location and price of the order clicked. (To change the location or price for their bid, the person would need to expand the "Buy" dialog box to the "Advanced" dialog box by clicking the appropriate button on the default "Simple" buy dialog box.)

If the person right-clicked an order with a non-minimum price and then submits his or her bid at that higher price, he or she is expressly choosing to offer extra ISK beyond what is demanded by the minimum ask. The notional "Broker" then executes the trade as submitted, rather than proactively saving the buyer ISK by adjusting the bid to match available orders. (The implemented order-matching mechanism is an element of market policy determined by CCP.)

Sometimes people will do this on purpose, e.g., someone might use the Advanced dialog box to enter an "Immediate" duration bid (using this duration avoids Market Order Broker Fees) for many units of an item at a higher-than minimum price to scoop up all the units that are spread across a score of smaller-volume asks, rather than clicking on each ask individually. This costs the buyer some extra ISK but saves some time.

Corozan Aspinall
Perkone
Posted - 2010.07.22 01:46:00 - [480]
 

Ahh right now I get it. Many thanks for explaining and for the links. Some good readin'.


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