Please Relax on Your Energy Buying

http://s7.postimg.org/drhmvpwrv/Energy_Hoarding.png
I saw this a couple of days ago, but just missed in taking a screenshot when the offer was withdrawn.
Today, I saw it again.
I'm all for regular inflation of energy prices, but someone's obviously buying out the market just to resell, and it's at such a high quantity that it's not even funny.
If you're buying energy, please relax and let prices come down to where they belong. The rule of thumb I've seen is when 1,000 energy lots are hoarded, then energy market prices will go down 100 crowns.
Well by this logic, the recent surge in prices we've seen over the past couple months has been artificially inflated. Indeed, prices shouldn't have gone up several hundred crowns from the 7,700-7,900 range to the 8,200-8,400 range. On top of that, the gunner update has not been completely absorbed into market prices. The price did crash back to the 7,700 range the day the update was released, but then it bounced right back up.

With a thread such as this one, I find it rather hypocritical that you are complaining about someone trying to manipulate the market for profit.
And then people ask me why I think that merchants are evil!!

a) I don't believe market manipulation is right. There's a difference between making a profit through organic prices versus controlling the market itself to dictate what the price is going to be. When people consolidate monopolies, then they can twist the rules of the game. I believe in competition, not consolidation.
b) I believe in balance. You should be interpreting that thread as a sign of honesty. If someone who believes in profit is asking you to relax to drive prices down, then it's pretty easy to be confident in someone's judgment.

Anyway, check this out too: http://s29.postimg.org/jx2ryq1kn/Energy_Hoarding2.png
Apparently, there's a cliff among bidders for energy. There's very little demand between the 8,000 and 8,200 levels.
Please keep relaxing. There's no need to panic to buy energy.

Last month when ce was around 8,2k and I bought 'some' I actually lowered it down to 7900. It stayed there for like 2 days untill ppl bought it up.
(And than all that cash went into Punch's pocket...)

Nolidor, you seem to be complaining that someone has created a "price wall" of selling which you consider too low, as you want to sell CE it at a higher price; which means that you are unhappy that you can't satisfy your greed lust. Selling "price walls" keep a lid on greed players.
I could understand you better if you complained that a BUYING "price wall" keeps the price too high, but that is not the case.
Obviously you are in error if you think that the gunner update has not already been "absorbed" into the market prices of CE; players want that new gear which requires CE, so the price is not going down for another long while it seems.
The standard is 6,500, anything over that is perverse. Only a noob or PtP player buys Ce at 7,000+ Ce.

I didn't post here to be trolled by someone who didn't appreciate consolidation.
My point is to let people know there's no reason to panic to buy energy. Someone's been hoarding for a long time, and is now selling all at once while there's a lack of prolonged demand. People are just stuck at looking at the margin because the game doesn't let you see all energy bids and asks all at once, so they take short-term perspectives in trying to judge what an efficient trading price is.
The pictures I've taken here were difficult to take in light of that. I gave them so people can have a longer perspective on things to make more informed decisions.

Sounds like a normal buy sell high deal to me. Probably an old player who bought tons at like 7k or something, and is reselling to make bank. No issues here.....

"My point is to let people know there's no reason to panic to buy energy. Someone's been hoarding for a long time, and is now selling all at once while there's a lack of prolonged demand."
Sure seems like someone is unhappy that the two "cliffs" dont allow the market to be worked for short term profit. It is an interesting idea to try and remove demand from the market by making posts on the forums.
There's an interesting note that I must make:
Not everyone in the energy market is there for profit. Some are there to sell energy because bought it with real money and want to use crowns [for recipes, AH bids, UV rolling]. Some are there to buy energy because they need something from the supply depot [orbs/sparks/pet evos].
Your comments have no impact on these people. They should buy/sell at whatever prices they are willing to trade.

Oh there was a buy wall too, maybe it wasn't showing because too many people were bidding over it though.

http://s23.postimg.org/5ghcjpybv/Stupid_Energy_Market.png
There are over 10 times as many asks as there are bids right now. Asking prices are also lower that the hoard posted earlier.
Keep on relaxing.

Flash update:
http://s2.postimg.org/hsyu6thvd/Stupid_Energy_Market.png
More energy is being sold, and prices are further manipulated on the buying side.

nolidor, you edited out your 4mcr the first time but not the second time.
just saying.

Yea, I just bought onto that side of the market to back up what I'm saying.
That way, you guys see I'm committed to what I'm saying instead of just trying to resell energy myself. There isn't as much conviction as I thought there'd be in relaxing, so I'm trying to show that I'm on the side of lower prices right now. You guys should really trust me right now.

Also, fyi, I only had 3m crowns of energy before the recent price surge from 7700 to 8200.
My 33% rise in networth is far larger than the 6.5% rise in energy prices, so yea...

That's math for you. :-P
I mean I know there are lots of people who are thinking, "He's trying to evoke reverse psychology by getting the trolls to do his dirty work, so he's going to advocate lower prices in order to drive prices up. The trolls are going to try to get a negative reaction from him, so they're going to do the opposite of what he's asking for. Then, he gets to exploit them."
In fact, I actually did this in the previous thread where people kept on trying to drive prices down before, but they continually lost money because the general swing of prices went up instead, and I literally made a million crowns off them...
...but right now, things are a little out of control, so I had to say that enough's enough.
I mean the trolls could push prices up in order to try to troll me right now, but if they do, then they'll make life a pain in the neck for literally the entire gameplay community...
...aside from this one energy hoarder.

"That way, you guys see I'm committed to what I'm saying instead of just trying to resell energy myself."
Wrong.
I'm assuming you are trying to use the market for short term profit.
You need one of the two prices to shift around before you can buy/sell for short term profit.
The buy offers need to drop more before you can undercut the sell wall, so you are trying to get players to take away their buy offers.
"My 33% rise in networth is far larger than the 6.5% rise in energy prices, so yea..."
That would have nothing to do with the items you are trying to sell, would it? The AH can work wonders and I'm sure you are aware that the recipe market has large room for profit.

I sold those items months and months ago before I even had 3 million crowns. The thread just hasn't been updated.
Sorry if you wanted anything I was selling.
Anyway, you can assume what you want in being a cynic in proposing possible hypotheses and expecting me to prove you wrong. I'm not going to stop you, nor am I going to discuss recent market dynamics (which you're wrong about anyway since margins have lately been floating around the 2-5% range for the past couple of weeks).
The facts are what they are. Besides, if you need to counter my personal motives for behaving this way, then you really have no idea what you're talking about when it comes to general market behavior. My personal motives here are a supplementary, not a necessary, part of this discussion.
I mean it's like you're saying, "You didn't do the extra credit assignment, so you don't deserve credit for doing your homework."
Then, on top of that, I do the extra credit anyway, and you just don't like it.
OK. lol

@Nolidor
All this market bizznizz is kewl, but Vana all day every day for me.
Im just wondering when im gonna see you with a maxed out LD set rekking people in LD.

Anyway here's another flash update that shows there's still no demand 100 crowns lower than before: http://s11.postimg.org/pv123bn4z/Stupid_Energy_Market.png
Will someone please say where this price floor is? I really don't see it.

I like playing games. I like having money. If I have money, you must know what that means. 0W0
I have much more.
Anyways, I believe that people seem too boastful about earning energy. I could easily just teach and guide someone to easily make money with some calculations and some patience.
@Nolidor Just please stop being prideful. It's a sin that'll make you seem overpowered but in reality, not.

Call me skeptical.
You have a history of you using the market for profit, and consistently making a thread whenever the trading gets tough.
Taken from one of your posts from one of those threads:
"I'm a serious energy market investor with over 40k ce, so please no, "Such a noob" retorts. I also trade elsewhere on the AH and estimate my overall wealth to be around 80k ce. That's a little under 6m cr. My incentive for doing this is to trade energy for games on Steam rather than actually play SK anymore since... well... the game's just boring."
You've been making a thread about once a month about how you can't make money on the energy market.
Please stop.

by the looks of it, this thread is going to become another "sk is officially bankrupt" kind of thing...

Yea, I saw a buy wall today as well, but it's nowhere close to the 6,500 energy lots posted to sell before.
People are really killing themselves in buying so high. I guess they'll learn the hard way.
As for those claiming I'm complaining about things being hard...
...no, I sold my energy for crowns because I recognized that enough's enough despite how the margin right now is feasible. The point is I'm on the side of those who want energy prices driven down right now. The market is being consolidated, not competed over, and that screws up the opportunity to profit for the general public while putting it in the hands of the select few.
If I wanted to, I could continue to play the market right now, but I chose not to.

Yea, so if you look at the market now, you'll see there's 3,112 energy lots bidding to be bought for 8,124 crowns.
That's still 3,400 energy lots short of the 6,500 lots hoarded before. It still doesn't count as a sufficient price wall.
Don't get me wrong. It's certainly big. It's just not big enough.
On top of that, whoever's buying energy at that price is kicking oneself in the teeth because someone isn't buying enough to prevent prices from going lower after one's demand is satisfied.

It is amazing how much time and effort some people are willing to put into market evaluations and monitoring to make a tiny profit when they could be just playing the game and having fun, or if your purpose is only to get money well idk you could try and... GET A JOB?! srsly, damn energy traders.

I usually spend 15-30 minutes a day from logging in 3x for 5-10 minutes. Sometimes, it's while I'm at work too.
My motive is to accumulate energy so I can trade it for games on Steam.

Anyway, the hoarding's gotten worse: http://s11.postimg.org/kd4d91qxv/SK_Market_Energy_Overload.png
As you can see, despite how the price dropped over 100 crowns from last time, the hoard has nearly doubled in size from 6500 to 12000 offers to sell.
This is clearcut market manipulation. Please relax on your energy buying.

You don't get it. The buying is that guy. He's nolifing the market page at all buy prices.
If you've been watching the numbers on both sides, you'd know by now the numbers are often faked to look legit as in look like multiple people with a proper pattern. The guy is trying to be 3sneaky5me thinking no one will notice the slow increments over his existing offers and is hiding his walls by slow streaming them in (uses multiple smaller legit looking ones and slowly slaps another 10 or 20 here and there to make it look like nothing changed).

...
Prices walls on the buy side are used to artificially inflate the price of CE, price walls on the sell side are used by people hoping to keep the price stable or lower it. Also there are many players, a few in my guild (not that I've played in a while), that are more than capable of doing this from playing a long time.
OP has a pic of the price wall at 8,445, next is at 8,424, and the newest pic has the price wall at 8,324. An obvious downward trend in the overall price.
If you are going to complain about prices at least know what you are complaining about, the price wall is somebody lowering the price for the people like you that buy it. Also be aware that it can be multiple people that all put bids in at the same price, and not just one person. In fact at over 11.9k bids I'd almost guarantee that its not just one person as they'd have to own over 1,190,000 CE.
~Gwen

@Gwen some people do indeed have over 1m CE, and having been one in the past I can tell when the CE price goes as high as 8.4k cr per 100, you must sell out your CE. It's not too hard to make 5% profit over that money in a week or two, and that's 50k CE. Realistically though, another wall will come up before you manage to sell out the 1m CE. Still, you can scrap 5-10k CE when CE goes down again on market speculation, and that's a cool effortless profit.
There are (less) players doing this, but in fact still a few. They don't entirely rule the CE market though, they just know the trends well enough to profit when the time is right.
Quick example to illustrate:
- I generally find ways to sell my crowns for roughly 7950cr per 100ce (average). On good days selling 2m cr (> 25k CE) takes about 2 minutes.
- I usually sell my CE 8300-8400cr per 100, which gets me fee deduced between 8140 and 8240cr (approximate)
- I made a 200-300cr per 100 CE margin. It's marginal on a single transaction. It's still marginal 10 transactions. It's quite marginal on 100 transactions (20-30k cr is roughly 250-350 CE, meh). However on 1000 transactions, we're entering the thousands CE profit. That's pretty good.
Just a quick disclaimer: I don't do that, it's a cheap way to make profit. But some people do, and they're making good money. It's sad to say that there's no possible fix for that, limiting the amount of transactions on a per account basis wouldn't be too hard to overcome (#multipleaccounts), ALTHOUGH I have to say OOO did have a way around people attempting to get more mist with more accounts, and they could consider putting similar restrictions applied to CE market.
Really do NOT underestimate the potential of this market, it's actually the most profitable you could think of right now. A little work on communication may help going towards a fix, if you're feeling convinced by the above, consider sharing it.
Otherwise well, "You take the blue pill and the story ends. You wake in your bed and you believe whatever you want to believe." - Morpheus, 1999
EDIT: for relevance's sake, I need to explain how the OP is both right and wrong on the effects on this method.
First of all, doing this doesn't actually jack up the CE price. Over the week, the CE price follows trends. Quick reference to those trends, quoting our dear SpiralSpy: "energy prices are higher on weekends and rise/fall sharply on Wednesdays (when people expect updates to the game).".
This wee quote lacks proof but feel free to check the accuracy of the statement over the next few weeks, you'll see that it holds up quite well.
What jacks up the price of energy is the lack of supply. Now there are a few things that alter supply:
- less CE is being bought from OOO. This is a consequence for instance of the lack of players, or players losing interest in the game's features and P2P offers. Let me stress out that prices rose very sharply ever since Promotion boxes do not come with CE purchase, and I personally believe this is the work of SEGA pressuring OOO to release more cosmetics and drive a harsher policy on players reward (let us remember that OOO has been bought by SEGA, and although it's been well sugar-coated in the announcements, SEGA needs to push for profit, not player's experience, like OOO did)
- More $ is being spent on promotion boxes and less on energy. I think it's fair to say that there is a pool of real life money being spent at regular intervals by an amount of players. When part of this pool's money is used on boxes rather than energy, the energy supply depletes and the prices go up, it makes a lot of sense (srsly). If you have time to waste and accurate data sitting somewhere, try and look for a correlation between the frequency of box promotions and the price of energy since boxes stopped being shipped with CE purchases.
- Energy being hoarded and never released into the market. As I explained above, in order to make OK profits exploiting the market, you will need a great deal of energy. Here's a couple personal estimates I'm making on the spot to illustrate how CE manipulation doesn't majorly affect the CE price: I think about 3m CE is being hoarded to carry out market manipulations, and I think the total pool amongst players is (roughly) 30m CE, i.e. 10% only is being hoarded, and that's marginal.
Some fun facts/background I wanna throw in because I know stuffs (yeh) and I'd like you to believe so:
Funny thing about market manipulation is from what I've seen, it is actually completely agnostic from the actual CE rate. The spikes in CE prices remain similar throughout the weeks and monthes (and years!), and the usual rule of thumb for market manipulation is to make 200-300cr profit per CE transaction (CE transaction = selling crowns for CE when the offers are low, around Wednesday, then selling the CE for crowns when the CE price is high, during the weekends).
Maybe I used to do it, maybe I didn't. I know players who do or did it, I know players that used to do it and left, because being rich in Spiral Knights is just so boring at times.
Last of all, I've been around for a while. Not on forums especially though, but I do a readthrough some stuffs every now and then, and also try to make some bucks for my wares in Bazaar. I've scored some good sales, I've stocked well up on goods. I'm a big merch, retired but getting back to business after a few monthes being too busy IRL.
tl;dr/conclusions:
- Market manipulation accounts for very little in the rise of energy prices
- Market manipulation can be very profitable
- There are people manipulating the market indeed, they usually use pools ranging .5 to 1.5m CE
- Selling crowns is very fast, selling CE is slightly slower (from personal experience)
- Who really is to blame for CE price rising?

I like how not many people realize selling orbs on auction house is exactly like selling energy on the CE market, just with a higher margin and less of a chance of nolifers hogging it. You buy orbs with energy, then price it out against your target crowns per 100 energy rate.
Say you want 8100cr per 100e (equivalent to say... selling 100e at 8266cr before 2% tax) used on advanced orbs:
Math.ceil(8100 / 0.9 * 2 / 3) = 6000 crowns per advanced orb.
The division by 0.9 is to reverse the 10% AH tax. The multiplication by 2 is for 200 energy per 3 orbs. The division by 3 is for 3 orbs per pack bought on supply depo. The Math.ceil rounding up is because auction house taxation salami slices the costs and always rounds up in the 10% fee to take from you.
And yes, people really do b/o 99% of the orbs on the ah every day.

less of a chance of nolifers hogging it.
What about the person who brags on trade chat and in front of AH almost every day that buys 60 pages worth of them?

What about the person who brags on trade chat and in front of AH almost every day that buys 60 pages worth of them?
And guess what? You don't have to stare at it all day if you price it competitively. People on the ce market will often times undercut even if it's close to margin and play games with the numbers.

If someone sets up a price wall for CE sale, most people aren't going to post offers above his price given the time it would require to have said wall deteriorate. You can wait for people to undercut you and put up "fake" undercuts yourself to further incite people to post below your wall, then retract your offers and buy CE at a lower price, which can be used to in turn create bigger walls.
Did I get it, or no? I mean it takes into account the lower pricing/bigger quantity from wall to wall, but I'm really nothing more than a haggler.

and another promo, just to make sure no $ is being spent on CE anymore.

...so the hoarding never ends:
http://s25.postimg.org/w7tm4cg8f/Energy_market_lower.png
Keep on relaxing. Prices should now be below 7000 from the amount hoarded and the rule of thumb.

Hey, be optimistic. The price walls are helping the energy price go down. Slowly, but surely.

It's pretty clear that the price walls exist to lower the price rather than raise it, since they're all retracted. What bothers me more than price walls is this. That 8030 offer TOTALLY isn't bait, right? It's not like it's more than 200 crowns over the offer below it, yet only 8 away from the buy now price or anything. Luckily noone was stupid enough to dogpile on it.
With a thread such as this one, I find it rather hypocritical that you are complaining about someone trying to manipulate the market for profit.