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About speculation

9 respuestas [Último envío]
Sáb, 12/10/2011 - 14:16
Imagen de Nicoya-Kitty
Nicoya-Kitty

With any items of limited availability, the temptation to engage in speculation arises, both in the real and virtual worlds.

Speculation rides on two assumptions, however:

First, assumptions are made on the future availability of the item in question. Speculators bet on the item having low supply.
Second, assumptions are made on the future desirability of the item in question. Speculators bet on the item being in high demand.

Both of these assumptions involve risk, especially in a virtual world like Spiral Knights. Your prized, rare possessions are nothing more than a single record in a database; a couple bytes of ones and zeros. Nothing more, nothing less. Promises or none, the supply of the item in question can change at any moment by the whims of the developers, either intentionally or (occasionally through bugs) unintentionally. Likewise demand can wax and wane as the fickle interest and attention of buyers turns to other items.

When you engage in speculation, you take on these risks willingly. There are no guaranteed returns, either in real life or virtual ones. Sometimes speculation can pay off, and sometimes you end up losing your shirt. You still earn yourself a small amount of leeway to whine and complain about it, but try to keep things in perspective.

Sáb, 12/10/2011 - 14:27
#1
Imagen de Xylka-Mkii
Xylka-Mkii
/clap I like that someone

/clap

I like that someone finally said this. I always forget when I'm replying to ragers on the forums on the topic of markets

Sáb, 12/10/2011 - 19:37
#2
Imagen de Neon-Ne
Neon-Ne
Hmm...

Since u mentioned real life, I would like to also express how I feel about 'OOO/Dev/GMs creating items out of nowhere and putting them in the Auction House'.

In real life...
1) DEV/GM would be equivalent to God.
2) We, SK players would be equivalent to car manufacturers/dealers.
3) Cars are man-made.
4) Humans decide the value and worth of a car, not God.
5) God does NOT throw a Skyline GT-R from the sky and place it in the car showroom.
6) When you speculate or play the exchange/stock market, you are pitting yourself against other human players, not God. Because you will NOT stand a chance against God.

Last but not least, at the end of the day, I still love God.

Sáb, 12/10/2011 - 20:06
#3
Imagen de Bobomaster
Bobomaster
Errr, no. DEV/GM would NOT be

Errr, no. DEV/GM would NOT be equivalent to God. Also, let's not bring religion into this, okay?

Fix'd version:
1) Devs and GMs would be the people who control the universe and everything
2) SK Players would be workers and traders
3) SK players can only get stuff because Devs programmered the game that way
4) SK players decide the worth and value of items because they make up the economy as traders (Supply and Demand)
5) The supreme beings who control everything CAN randomly create new items out of nowhere, seeing how THEY created the game, and have all the rights to it, blah blah blah
6) When you speculate or play the market, the devs and GMs can and are allowed to influence the said market, for your benefit or otherwise. It does not matter whether it's fair or not; their game, their rules.

Last but not least, I, for one, welcome our supreme overlords' actions. At least they're trying to get somewhere!

Sáb, 12/10/2011 - 20:26
#4
Imagen de Neon-Ne
Neon-Ne
You misunderstood the whole

You misunderstood the whole meaning of it. First, it isn't about religion, it is an analogy. Look at it from a lighthearted perspective. Why so serious? Second, you did not understand my post, read the LAST statement again. lol

Sáb, 12/10/2011 - 20:41
#5
Imagen de Hanktron
Hanktron
God or no God, you're missing the point

In your example, the players shouldn't be dealers or manufacturers. The developers are the dealers/manufacturers. We're their customers.

Sáb, 12/10/2011 - 21:14
#6
Imagen de Neon-Ne
Neon-Ne
We craft (i.e. manufacture)

We craft (i.e. manufacture) and trade (i.e. deal) the items. In my example, car is the item. In the game, it could be a calibur.

Sáb, 12/10/2011 - 20:52
#7
Imagen de Hanktron
Hanktron
really?

Last time I checked you couldn't get a recipe to craft scissor leviathan blades or regalia items.

Sáb, 12/10/2011 - 21:05
#8
Imagen de Neon-Ne
Neon-Ne
Okay I should clarify then.

Okay I should clarify. The items I am referring to are not non-craftables (i.e. rose costumes). I have nothing against putting up stuffs like scissors blade or rose costumes. I'm cool with it already. That is why I ended with a statement I love God=OOO. It was supposed to be a joke but the two of you took it so seriously.

That example was just showing what WOULD happen in FUTURE if craftable items are also placed. Read the thread about opposing UV-ed equipment on Featured Auction. My bad for being vague.

Sáb, 12/10/2011 - 21:44
#9
Imagen de Hanktron
Hanktron
vague

My point is that I believe Nicococola-Cat's point is in regards to the regalia items and the like. I could be wrong. I'm pretty sure speculation of the equivalent of 08 godlies is fairly rare in this game.

A great, semirelated read would be the chapter of What the Dog Saw on Nassim Taleb. He also does some really interesting EconTalks.

Edit: I'm glad that instead of responding, you just go back and edit previous posts.

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