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is anyone else feeling frustrated?

34 replies [Last post]
Fri, 08/26/2011 - 13:07
Caika's picture
Caika

Whenever I go to the AH to sell my mats, I usually sell them at a buy price that is a little bit lower than the posted average, and other people usually do too. I honestly don't mind that; it's healthy competition. But lately, people have been "crashing" the prices. For example, if everyone is posting Owlite Feathers at 100 CR or more apiece, someone will come along and make them 50 CR. Then someone else will go and make them somewhere below the posting fee. And then they're worth basically nothing (like all the other mats out there -_-).

BUT when people sell recipes and/or weapons, the prices go higher...and higher...and higher, and it seems like the price doesn't fit the actual value of the recipe or weapon, even if that recipe or weapon is popular. I once saw a Sinister Skelly Mask Recipe go for 25k. Yes, it is a 4* item, but isn't that a bit much for its RECIPE?

And, of course, the CE:CR ratio is hard to come by. But I'm won't complain too much as long as it doesn't hit 7,000+ CR, cuz that topic is WAAAY too messy. :|

- - -

Oh, I know: people value different things differently, it's a free market, 50 CR is still twice the posting price for an Owlite Feather and 4*-5* items are really expensive cuz they're of a higher level and they can have UVs, etc. etc.

But is ANYONE out there frustrated by this, even a little bit? And I know it probably can't be solved, but is there any way for me to handle this besides "going with the flow"? :(

Fri, 08/26/2011 - 13:20
#1
Tengu's picture
Tengu
it's the changing face of the

it's the changing face of the SK economy, I guess.

There's more people selling unbound weapons, so the necessity for mats is down. People would rather just spend 45k on the item then have to buy all the mats and recipes for it.

Also, I disagree with the recipe prices going up. I'm only in the market for 5* stuff anymore, and it's been a looooooong time since I've seen a recipe i'm looking for over 35K. I just sold a Skolver helm recipe for 27500cr. When I bought my recipe for my original crafting, I paid 45. The medium buy price seems to hover around 30-35k, and I'm good with that, for sure.

I got bit by the mat market falling. I tried to do a buy low sell high thing with phials a while ago. Little did I realize that the market had fallen, thus why I was able to pick them up for cheap in the first place.

Fri, 08/26/2011 - 13:24
#2
Pupu
Legacy Username
Haha

Welcome to economics, enjoy your stay.

Fri, 08/26/2011 - 13:45
#3
Nievem's picture
Nievem
Dont try to sell for below

Dont try to sell for below the current lowest price then, people still buy at higher than that. Otherwise, use your mats for crafting and cross fingers, otehrwise hoard them waiting for a market shift.

Fri, 08/26/2011 - 13:49
#4
Mrniceguyd
Legacy Username
Lol, be patient. Yesterday

Lol, be patient. Yesterday afternoon Chroma tears where 800 CR. But I sold one for 5K in the morning as the cheapest. Same thing with Ghost bells, bought some @ 300 CR last week in AH and sold them in AH yesterday for 2.2 and 2.5k ! Remember that not just one person is bidding on your goods. If there are say 7 - 8 pages of torch stones when you log on then don't sell, wait until there is only 1 - 2 pages then do a 12 hour - 1 day auction with a high buy price and low starting bid. You might be surprised with the results :)
I have checked a mat before, let's say gel cores. Lowest single core was 25 cr and the next was 26 cr and so on. Then I put my other mats up for sale and checked Gel Cores again ( maybe 15 - 20 min went by ) and the cheapest one was now 75 cr. Someone came though and bought up a bunch. So then I sold, 1 Gel core with a staring bid of 5 cr and a buy price of 500 cr for 12 hours. Guess what, I got 500 cr for my 1 Gel core :)

Fri, 08/26/2011 - 13:59
#5
5hend
Legacy Username
I think it would be better if

I think it would be better if SK gives every item a price depends on what item what level and how many stars and so on,just a bit lower price than the normal cost or something :)

Fri, 08/26/2011 - 14:07
#6
Tengu's picture
Tengu
but then what would be the

but then what would be the point of playing the game?

My suggestion is to solo. The most profitable mats are some 4/5* and shards, and you can get shards anywhere. Solo your way thru T1 and see what you pick up. Go through Snarbolax's areas and see how many green shards (that sell for 75-100 a piece nowadays) you get.

My most profitable runs have been solo runs through T1 and T2, just to clear out fees.

Fri, 08/26/2011 - 14:15
#7
Algol-Sixty's picture
Algol-Sixty
when people sell recipes

when people sell recipes and/or weapons, the prices go higher...and higher...and higher,
Uh, recipe prices aren't going up, from everything I've seen. The profit margin on most recipes is almost zero, often negative.

As for weapons, well, the cr<->CE exchange rate is going up, so any 3* item will have to go up just to keep the profit the same and likely most 2* items will go up a bit too...

As for mat prices, well, there are vastly more materials in peoples inventory than will every be used. The only reason why prices are above what vendors pay is because the vast majority of people don't think it is worth the hassle and risk to try to sell them. However, with the exchange rate going up, people are both less likely to craft and more likely to try to sell more mats to make up their reduced profit.

Even pricing things below the cheapest buy price and a much lower bid price can be risky. Several times recently, I have posted a few mats as the cheapest, only to have someone (or several someones) flood the market, resulting in my mats not selling. And, with the listing fees being much higher than the potential sale price, i'll never break even on them. Seriously, 4* and 5* mats not selling for 50-100cr? *sigh*

Fri, 08/26/2011 - 14:31
#8
pigeoncooper
Legacy Username
Understand

This has been the cause of my frustration and happiness since starting the game. I have taken to just putting a bid price on the mat and letting it go for 12 hours. Even some of my ecto drops, gel drops, scrap metal, etc. even sell when I just start with low bids and let the bidders decide. Sometimes I get less and sometimes more, but at least everything sells even if it is just 2 or 3 crowns profit. That's better that nothing for something I got for "free."

Fri, 08/26/2011 - 14:33
#9
Tengu's picture
Tengu
I've started NPCing jelly

I've started NPCing jelly stuff. I can use some of it in crafting, but any of the higher-level mats are pretty much worthless. Any mat you can get from JK or FSC is probably going to be lower than you'd expect.

Fri, 08/26/2011 - 15:27
#10
Negimasonic's picture
Negimasonic
if there's only one price

if there's only one price that's way lower, it's better to list something that's closer to the previous set standard price (so in your case 99 buyout). Heck, if need be, buy the cheap item yourself and resell it (depends on how cheap of course).

Though actually someones wish was for me to help crash the market with their items from a long time ago...listing fees messed that up lol... so Kozma gets that stuff ^.^

Fri, 08/26/2011 - 15:29
#11
Quasirandom's picture
Quasirandom
There's a difference between

There's a difference between the prices that people list and the prices that people actually pay. You can put a 40k starting bid or 70k buyout on a recipe if you want, but people usually won't pay it.

Another issue is that far more crafting materials drop than are actually used in crafting. The only reason that more than a handful of crafting materials sell for meaningfully above the vendor price at all is that many people don't bother to sell their materials on the auction house.

Fri, 08/26/2011 - 15:50
#12
Quasirandom's picture
Quasirandom
If people are selling goods

If people are selling goods too cheaply, then buy them up and resell them for more. If you can't do that, then perhaps they're not selling the goods too cheaply.

Fri, 08/26/2011 - 15:50
#13
Eradicats
Legacy Username
As someone who's been

As someone who's been monitoring the recipe market, I must disagree about the claimed rise of price of recipes. ESPECIALLY 4* recipes.

In fact, for the past week, ash tail (part of the most highly demanded armor line that exists) fluctuates in a tight range of 12-13k crowns on the AH. After fees, that's 800-1700cr profit on a 10k cr investment. Very risky, considering the cost of unsuccessfully selling an item on the AH is so high (up to 1.3k cr).

Fri, 08/26/2011 - 15:55
#14
Nechrome's picture
Nechrome
yesterday i was given the

yesterday i was given the offer to buy a primal ore for 800 cr. i decilened it. was that a bad idea?

Fri, 08/26/2011 - 16:54
#15
insanephoton
Legacy Username
the market is illogical

Trying to find patterns in the market can make you question your sanity and that of the rest of the market. I've had items make a healthy profit on one night and barely break even or even undersell on another night.

I don't understand why people are trying to sell Kozma recipes, though I'd understand it even less if people bought them (why pay more than cost price when Kozma has an unchanging list and is readily available in the bazaar?)

I've seen crazy offers .... 40k cr buyout for a hot edge???? And been surprised that there is a healthy market for 1* items , so much that it may be better to craft 5x 1* items to sell than a single 2*

Fri, 08/26/2011 - 17:56
#16
Orangeo's picture
Orangeo
I ussualy can sell mat's for

I ussualy can sell mat's for 100 crowns more than the lowest price. If sellers are optimistic, the price rises to a rational cap. If sellers are pessimistic, the price drops like a rock. This is why CE sellers should have a listing fee that is refunded upon sale.

Fri, 08/26/2011 - 20:29
#17
Xylka-Mkii's picture
Xylka-Mkii
@Insanephoton What idiot was

@Insanephoton
What idiot was sellin a hot edge for 40k lolwut?!
Anyway i can sell those at 1k each and with UV farming...

yea good profit if they sell

as for CE exchange, I'm working on a solution to max out my CE (goal for mid-month September is 10kCE).
I think its easily possible, granted I have high school 5 days a week

CE solution to whining n00bs
/imma make thread now...actually tomarrow...too tired.

as for AH mats. I thought id never see the day: sunsilver for 2k.
People who buy 4-5* items:
are idiots. By saving CE and waiting to craft you WILL save about 200% vs buying it premade because of unbind.
Y U no listen to me.

That one recipe for 25k mustuv been someone who thinks shadow is perfect resist and ull never die...o wait new monsters...still too high for 4*. Especially 1 i see every other run to basil :P

Now to buy some CE
Run Vanaduke with ma mist
Die lol
get trolled/spammed by noobs
Buy more CE
Chek AH after a full week of no selling. Oh TF2 addiction :)
Sell a load of insert mat name here.
Use income to buy CE Or play ZOMG LOCKOUT PVP(when it comes)!!
say RAWR and OWNED and lol and etc. etc.
Try go solo Jelly King in 5* Skolver.
/epicfail@boss
buy CE
Have 159 cr and 600CE by end of day
Go to bed
wake up with full mist :]
Repeat until Monday lololol

yep. free-est schedule in teh world

---Xylka
cya in Haven. ill be rawrin/nommin on chips.

P.S i got off topic again -_-;....LIKE A BAWSS B)

Fri, 08/26/2011 - 20:38
#18
Nechrome's picture
Nechrome
"@Insanephoton What idiot was

"@Insanephoton
What idiot was sellin a hot edge for 40k lolwut?!"

i craft grintovecs for 15k, kamarins for 10k, etc. k cr, btw. not ce. see more details in mai bazaar thread.

Fri, 08/26/2011 - 21:09
#19
borgeman
Legacy Username
I just wanna add I couldn't

I just wanna add I couldn't believe the price drop of heavy gears from the last time I sold one, which went for 6k. Now, 500cr a piece :O

Fri, 08/26/2011 - 21:29
#20
Helwett-Packard's picture
Helwett-Packard
Btw, it is going to hit 7000,

Btw, it is going to hit 7000, luckily when it did that last time, SK join steam and prices went down to 2000.

Fri, 08/26/2011 - 21:31
#21
Pawn's picture
Pawn
no offense @ caika

to quote the OP,-->" I honestly don't mind that; it's healthy competition. But lately, people have been "crashing" the prices. For example, if everyone is posting Owlite Feathers at 100 CR or more apiece, someone will come along and make them 50 CR. Then someone else will go and make them somewhere below the posting fee. And then they're worth basically nothing (like all the other mats out there -_-).

BUT when people sell recipes and/or weapons, the prices go higher...and higher...and higher, and it seems like the price doesn't fit the actual value of the recipe or weapon, even if that recipe or weapon is popular. I once saw a Sinister Skelly Mask Recipe go for 25k. Yes, it is a 4* item, but isn't that a bit much for its RECIPE?"

^ that is completely wrong from the perspective of dedicated weapon/armor/shield salesman. My income used to be around crafting and selling about 10 2*/3* weapons/armors/shields a day. However the price i sell them for went down (not up). Even if it held steady (which it didn't) you are looking at 2500 crowns more expensive to make since ce went from 5k-6k. Used to be 250 ce was valued at about 12500 crowns. Now it is worth 15. Now you look at the fact that even if you DO sell your item the AH takes a cut. IF you don't sell it on the first try you lose. AND i can tell you unequivocally that items don't move as well, so if one person undercuts (which happens more than 50% of the time) you aren't gonna sell it. My solution, unfortunately i no longer craft items--my favorite part of the game. So everyone is feeling the crunch

Fri, 08/26/2011 - 21:34
#22
Pawn's picture
Pawn
@ the scream

if they kill us with another power surge weekend it'll hit 7k-8k without a doubt.
Otherwise...yeah will still probably hit 7k regardless. Hopefully they have plans to cross-platform to ps3/xbox when that happens!!! :D
It does suck since it limits the ways you can play the game. Or maybe they'll make a new and effective crown sink. Color change, or some other personalization could help.

Sat, 08/27/2011 - 00:24
#23
Quandasim's picture
Quandasim
all mats are trash

all mats are trash with zero value, i think its nick 10. seecret.

Sat, 08/27/2011 - 06:03
#24
Algol-Sixty's picture
Algol-Sixty
This is why CE sellers should

This is why CE sellers should have a listing fee that is refunded upon sale.

So, you want the exchange rate to go up and the market to become less stable? huh... to each their own, I guess.

Sat, 08/27/2011 - 06:11
#25
Orangeo's picture
Orangeo
"So, you want the exchange

"So, you want the exchange rate to go up and the market to become less stable? huh... to each their own, I guess"
Not true at all. People can put offers for 7k and leave them there. As CE is bought, the price immediately goes up, becuase of market campers. The only thing that really brings CE down are impatient people who want the lowest price. If you wait long enough though, you can sell CE for a much higher price. So if we put a price on letting your offers sit there, then the CE price will drop like a rock. If it's refunded upon sale, it encourages sellers to put lower prices to make sure it gets sold within two days.

Sat, 08/27/2011 - 06:12
#26
red_rupee
Legacy Username
So, you want the exchange

So, you want the exchange rate to go up and the market to become less stable? huh... to each their own, I guess.

While I'm certainly not for the idea, it wouldn't cause the Market to become unstable, it'd just give less incentive for CE sellers to put their stuff up for outrageous prices. But as a CE seller, my irk with this would be the constant undercuts I get, and if each time I put my revised prices on the market I was charged, I'd be less inclined to put up prices at all.

Sat, 08/27/2011 - 06:26
#27
Orangeo's picture
Orangeo
"my irk with this would be

"my irk with this would be the constant undercuts"
Well... that was the point... hmm.

I can understand how you could say "I don't like what this would do", makes sense from your prespective, but wrs1864's statement was "that's not what it would do", and I realy dissagreed with him there.
Back to the point

I think undercuts are justified when CE cost's 6.2k. Prehaps the price could change depending on how many crowns you're asking for? I think that would keep it from dropping too much. If it get's low, people try to make the price rise due to low listing fee risk, if it gets high, people will undershoot becuase they'll still make money and avoid listing fees.
My only problem with my idea is that it might drop the supply a tad, and it would stop players who buy CE with money from immediately listing allot of it. It would technicaly slow the drop down in that sense, but I still think it's a net gain.

Sat, 08/27/2011 - 06:43
#28
Madfruitz
I don't mind undercutting, in

I don't mind undercutting, in fact i do it myself: it's to guarantee a quick sale..however what does annoy me is when someone undercuts by a ridiculous amount for no reason when the item would've easily sold at just 5-10% less, i don't even understand it, a lot of the time these people are also making a pretty massive loss, they don't even bother to check prices or worth or anything..i try to take solace in the fact they're only hurting themselves but it's hard to when i'm sitting on god knows how many near worthless mats

Things people should keep in mind:

If you see one or two items which have undercut another batch by a fair amount, don't try and undercut them as well..they'll sell quick, put it under the next group - it is after all just someone looking for a speedy sale

If an item isn't worth selling, don't sell it...things change, wait!

don't needlessly undercut, understand that if someone wants an item they'll pay the cheapest BO available, whether its by 1cr or 1000cr..eg, items up for 500, put yours for 490, not 300

Sat, 08/27/2011 - 09:46
#29
Algol-Sixty's picture
Algol-Sixty
"So, you want the exchange

"So, you want the exchange rate to go up and the market to become less stable? huh... to each their own, I guess"
Not true at all. People can put offers for 7k and leave them there. As CE is bought, the price immediately goes up, becuase of market campers. The only thing that really brings CE down are impatient people who want the lowest price. If you wait long enough though, you can sell CE for a much higher price. So if we put a price on letting your offers sit there, then the CE price will drop like a rock. If it's refunded upon sale, it encourages sellers to put lower prices to make sure it gets sold within two days.

You seem to think you can force people to sell their CE. You can't.

The purpose (and effect) of a listing fee is to discourage people from listing. In real world auctions, there is limited space in the auction house, if they have room for 100 items, they don't want 300 items that bring in a small amounts of money (or no money at all if they don't sell), they want to force people to only sell stuff that is worth a lot. The number of items isn't a problem for the CE market (nor the auction house). Many real world auctions also have differences between each item, even of both are the "same" mickey mantle baseball card, they are differnet because variations in condition and provenance. Making people have to search through each item discourages sales, but for commodities such as CE (and most AH items), this isn't a problem, all 100CE blocks are exactly the same.

People who currently can list their 100CE for 7kcr will no longer list because of the risk of not selling. Indeed, many people who would list things that would sell 90% of the time would no longer list at all due even a small risk of not selling. This will thin out the sell offers and the supply of CE. Lowering supply and increasing risk causes prices to rise, not fall. More over, in those times when someone wants to buy a bunch of CE to unbind something for a quick sale or some such thing, the thinner sell offers will be depleted, causing prices to rocket up and creating an unstable market.

If you want to encourage people to sell CE, give people a reason to *want* crowns.

Sat, 08/27/2011 - 10:23
#30
Orangeo's picture
Orangeo
"You seem to think you can

"You seem to think you can force people to sell their CE. You can't."
I'm not saying that at all. I'm saying to make it harder to push the price up or down.

"The purpose (and effect) of a listing fee is to discourage people from listing."
So they made the auction house but didn't want people to use it? That's not the purpose of a listing fee at all, at least not in spiral knights. And even if it is, so be it. That dosen't make my plan any less valid. So what if I'm not using it the way it's intended, opening a can with a rock as opposed to a can opener isn't going to kill someone. And if I'm stuck in the woods with a bunch of cans and no can opener, I'm shure as hell going to use a rock.

"People who currently can list their 100CE for 7kcr will no longer list because of the risk of not selling. Indeed, many people who would list things that would sell 90% of the time would no longer list at all due even a small risk of not selling."
I really don't think that's true. First off, this makes it harder to get to 7k in hte first place. Second off, there will always be someone who's going to sell CE, even at a lower price. When CE was at 3k, there were still pleny of offers, dispite the fact that they werent making as much money as they should. So If CE is at 7k, I'm shure plenty of people will start posting smaller offers to shrink the fee.

If there is a low price, there will be a low risk, and people will swarm with higher offers. If there is a high price there is a high risk, and people will play it safer with lower offers. All you have to do is make the right price so CE stays around 5k, give or take.

Sat, 08/27/2011 - 10:24
#31
Orangeo's picture
Orangeo
Continue here on the listing

Continue here on the listing fee idea. >_>
http://forums.spiralknights.com/en/node/22605

Sat, 08/27/2011 - 12:39
#32
Caika's picture
Caika
@jeburk

"that is completely wrong from the perspective of dedicated weapon/armor/shield salesman. My income used to be around crafting and selling about 10 2*/3* weapons/armors/shields a day. However the price i sell them for went down (not up). Even if it held steady (which it didn't) you are looking at 2500 crowns more expensive to make since ce went from 5k-6k. Used to be 250 ce was valued at about 12500 crowns. Now it is worth 15. Now you look at the fact that even if you DO sell your item the AH takes a cut. IF you don't sell it on the first try you lose. AND i can tell you unequivocally that items don't move as well, so if one person undercuts (which happens more than 50% of the time) you aren't gonna sell it. My solution, unfortunately i no longer craft items--my favorite part of the game. So everyone is feeling the crunch"

So maybe it's just me seeing the weapons and their recipes go up, huh? Sorry you had to correct my naivety like that. -_-'||

@everyone: thanks for sharing your opinions. All your answers about undercutting/CE prices/whatever have been helpful in one way or another, even if it's just seeing a different perspective. (Continue if you wish.) :)

Sat, 08/27/2011 - 20:07
#33
insanephoton
Legacy Username
my perspective on AH etc

I'm no expert, but I've played around with it enough to make a few points.

It seems that some players have no idea of the value/cost of items or the potential market for them. Like the guy with the hot edge, if I remember correctly, the opening offer was 10k and the buyout price was 40k. Most people that have got around to reading the forums wouldn't even buy a hot edge if you offered to sell at 1 cr and the kind of players that would buy a hot edge are unlikely have 40kcr let alone 10kcr. I have no idea who it was that posted it but I doubt that he got any bids for it. That's only one example, but if you start searching through different items you will always find a few posts that either seriously undercut the usual price or are wildly optomistic about the value of an item.

The smartest thing to do is try and check the price before posting to see what most people think it is.

If I see some mats that I need with a price tag over 1k, my first reaction is to see if I have enough tokens to get it from Brinks.

Crafting to sell seems to be a risky business if you use pure CE for crafting, with some 2* items you will struggle to break even. I only craft for sale when I have spare mist energy.

1* items can be surpisingly profitable... potentially you could get more for selling 5x1* items than a single 2* item

There are ways to make your post stand out, but still have a good chance of making the same as everyone else, though it's not without risk ;)

A lot of the upward pressure on the CE market comes from the buyer side. I've seen bids come in 200 cr above the next buy price. Now if you're that desperate for CE, and the difference between your buy price and the lowest sell price is much lower than the difference between your buy price and the next highest buy price, it might help everyone else if you autobuy. Otherwise the next impatient buyer may well make an even higher offer and so the price ratchets up.

Sat, 08/27/2011 - 21:39
#34
Xylka-Mkii's picture
Xylka-Mkii
I know "k" means cr. i meant

I know "k" means cr. i meant 40kCR is a lot for a weapon that goes to only 3*, regardless of UVs. then again im 5*. but i doubt any newcomers would get 40k anytime soon.

Also ive been thinking of workin towards triglav. ill check ur threads.

BTW your fanfics are good, keep up the typin!

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