Forums › English Language Forums › General › New Recruits

Search

Energy Market stock exchange

3 replies [Last post]
Thu, 06/23/2011 - 14:10
Jackoos
Legacy Username

What determines the price of Energy/Crowns at the energy market?

Yes, i know its offers made by other players, but what effects those offers?

I would assume that there would be a spike in the market during peak play times, and lower prices during when less players are on, but because Spiral Knights is a worldwide game, i am having a hard time pinpointing those times. I keep getting the feeling that there are crowns to be made by buying low and selling high. I just don't have the resources to check Energy prices each hour, every day, for a week.

TL;DR : What is the best time of day to buy energy.

Thu, 06/23/2011 - 14:27
#1
BuffCookie
Legacy Username
To fully answer this question

To fully answer this question would require an entire class in economics, most likely.

To give a short answer. The market is effected by everything and nothing. There are a varied many things that determine what prices are. Including how many crowns are floating around in the player economy at the time. Thus effecting how much energy can be bought. Which effects the demand half of supply and demand. One of the things that can effect the market is simple imagination. If people THINK something is true, then it can become true. Dire economic crisis in the real world can be caused by this. The market can also be purposefully manipulated by underhanded means. Sometimes. Other times the market stubbornly refuses to shift for anything.

So everything and nothing effects the market. You can only go along for the ride and take advantage when given the opening.

Thu, 06/23/2011 - 14:34
#2
Jackoos
Legacy Username
Thanks for your reply, I

Thanks for your reply, I guess i don't fully understand every mechanic of the game yet to be making educated decisions yet.

Let me ask a more practical question.
What is a good price to buy and a good price to sell?

I havent seen 100 CE sell for less than 4000 crowns,
or buying more than 4100 crowns for 100 CE

Thu, 06/23/2011 - 14:44
#3
Quasirandom's picture
Quasirandom
I'd think that at peak times,

I'd think that at peak times, there would be more players buying and also more players selling, which would cancel each other off and not systematically move prices up or down.

If there were an arbitrage opportunity from prices varying by time of day, then it only takes two people noticing it to make it go away.

Powered by Drupal, an open source content management system