Today's energy depot special
Please tell me how CE market is free and noone manipulates it to stop the natural CE price drop. A bidblock of almost 3000 offers appears just when CE price is dropping.
Also, before we had bid blocks ~1000 now after UV ticked exploit its almost ~3000, it seems that rich *** got even richier and even more bored.
Make energy bought and sold on tha auction house. I have proposed this solution since the AH came out. It is impossible for any player or players to drive up the cost of cutters or brandishes. The same would be true fo CE Prices. The danger of losing your 10% listing fee on a huge block would chase away the blockades we now see.
In its current state, given the short term Inelasticity of the CE MARKET, a player who has no true wish to buy CE ( or group of players as it may be) can put in a giant bid, then in the short term it will drive the market up, they then can sell off CE at a higher price, and cancel their bids.
Granted in the long run the market would come back down. But since they can cancel I want to buy bid of 1000 lots with no penalty there is no deterrent to this tactic.
So yeah, it's not like OOO doesn't realize that the AH would give us a true economy, and it's not like they don't realize the flaw in the CE market. The truth is, the system is designed so that CE is virtually forced to trend upwards under natural circumstances, let alone with a little players greed based manipulations. I am not saying this to imply they are evil. I think it is a savvy business model and do not fault them for it. CE goes up, promo, CE cones down. Repeat. I am fine with this model, as OOO is a business and has every right to make money.
I do find it a bit disingenuous that they put it all on "player driven economy."
the only suggestion is to cap the maximum number of ce offer per account, if there isn't this rule yet. likewise the limit is 5, you couldn't make the sixth offer unless you cancelled the previous offers or the trade is completed.
mild regulation may meet less opposite forces than strong intervention
Making them AH items in lots of 100 would be the perfect solution. Basically fool proof.
That's a GREAT IDEA!
I have no OBJECTION to this. OOO, don't HOLD IT back!
(Two Phoenix Wright lines at once. Oh yeah.)
i typed slow on mobile.
AH is also a good idea, like we can buy slot upgrade in AH
I say.
That person has over 22,264,200 crowns..and that's just the offer.
It would be even better if it couldn't be abused by guilds or multiple paid accounts... and that is the biggest blockade I seem to have seen, grats on the photo.
i say
that person made a great profit from the shard bombs fail compensation.
didn't meet the minimum need for accusing me of libeling
we are not whining like noobs to urge ooo to push down the rate actively
we are asking for a less flawed free market system, with more transparency on information and option.
There was no offer to buy section in the energy depot. That way people would not be able to put up price walls like this. It would become like the Auction Hall, more price competition.
You guys realize that having it on the AH would make no difference, right? That same dude who put up however many up at a certain bid would still put however many at a certain bid. The only difference is some people would be dumb enough to try to buy/sell at a less profitable price out of some misguided sense of self-righteousness and those of us who knew better would profit.
Let me give you an example: some dude puts a hundred buys at 8000, the natural price. Some other dude puts a dozen buys at 7000. You sell that dude energy at 7000 because god knows why. That dude then goes and puts those up for sale at 8200 and profits.
It's like... you guys don't realize there are two sides of the equation here. Supply and Demand. Buys and Sells. It doesn't matter how much someone puts up on the Buy side if the Offers to Sell don't support it. Someone who tries to jack up the Offers to Buy side will just lose money by putting up Buys for higher than they should (read: where the value is naturally at) because people will sell them energy for more than they paid for it then buy it back later for lower.
And if someone brings up the scenario of a person manipulating both sides of the Buy and Sell without actually thinking about it, I'm going to explode.
No wait, actually it'd be much better if it went to the auction house now that I think about it. 10% cut both ways is far better than a 2% cut one way.
Edit: edited for more clarification and less steps to profit
On current market, you can put and remove offers without any drawback for any amount of time you want.
The thign is AH runs on a timer. Offers only last 2 days max. If noone accepts those blockades, you'll lose listing fees.
Why would no one do what is most profitable?
And note I said no one, not anyone. There will always be people who will do what is obviously profitable. That's just being smart. Why would I sell Energy for less than what I could? I might as well be giving away money to beggars.
You are wrong. Price fixing is near impossible on the AH. That same person who puts up a giant WTB lot would be able to put up zero WTB lots. You can only put up items (or CE) for sell on the AH. as well as there would be a hindrance (listing fees) to false auctions. Lastly, that CE would be tied up for a set duration of 4, 8, 12, 24 hours--agAin with a listing fee consequence to early cancelations.
The AH would produce a CE market that was downwardly competitive as opposed to upwardly competitive.
The broken mechanic of the CE Market is the fact that you can place phony WTB bids and people in desperate need of CE are left virtually no recourse but to offer more (or wait for 2700 bids to clear before they buy 100. More CE to craft or play. This is why the market is short term in elastic. Also the fact that bids are instantly placable and cancel able with no deterrent or time bound commitment.
Just as if we had a brandish market that operated the same way, sum1 could place a WTB 1000 brandishes bid and force sum1 in desperate need of a brandish to pay more. But this is impossible to do in the auction house. Mainly, because that person does not truly WTB 1000 brandishes. In the auction house, the only way to force that higher price to the third party would be to in fact buy the cheapest 1000 brandishes on the market.
So in the CE market, by placing that 2700 bid, they are forcing anyone desperate to buy CE to place a bid above it. If these item were in the auction house, this false pressure could never work. They would actually have to buy the cheapest 2700 lots of CE to force the next player to pay higher.
In effect, this " broken" market allows rich players to "squat" on cheaper CE that they never intend to buy. The threat of them buying up 2700 CE (actually its the threat of them making you wait for 2700 bids to go through, when your need is urgent, now) is what forces the market up. This combined with the fact they can cancel that bid makes for an easily manipulated situation.
The only way it wouldnt work, is if when a bid like that goes in, if every player who needed CE NOW, for playing or crafting, just turned it off, gave up, and came back later. But that's not the way human nature works. Because they WANT to continue playing NOW, they begrudgingly out in higher bids to get the precious CE. This is further driven up by a small group who all need that precious CE NOW, and thus a series of small bidding wars drives the price up higher above the blockade.
Again, none of this is possible in the auction house, as you can place no phony WTB bids, either you buy it, or you don't. No pressure ( primarily time based pressures ) could be exerted in this manner.
I hope that clears it up for you.
So they wouldn't put up several thousand at a time. They would only put up dozens or hundreds. The exact same situation would happen, it just requires a bit more work/smartness on the person who is putting up such "walls" in that they need to figure out how much demand there actually is.
If anything, a listing fee would probably drive the market up more and faster. There would be much more one uppance (insert appropriate word here) as more people would put up "safer" single bids instead of large ones.
Edit: Also where does this belief that rich players profit that much from driving the market up? P2P players benefit from it, rich players not so much so. This crazy notion that there are people with 20 million crowns who convert all their money into one medium and then convert it back when it's a few units more as if the supply and demand can accommodate for it is ridiculous. Do you have any idea how inefficient that is? It's like a billionaire haggling at a 99 cents store.
Supply vs demand.
This would reach an equilibrium in the AH. Again, that 2700 bid is in all likilehood not real demand. That player(s) mostmlikelyndoes not want to win those bids. But other players must compete against this false demand, or wait any number of hours to buy their CE. This they won't do. Due to impatience, their real demand outwiefpghs their willingness to wait out the fake demand (phony WTB) and thus the manipulation portion of market manipulation.
Your supply demand theory would be 100% correct if CE were traded in the AH.
That is the inherent problem with the CE market as it is, there's an element that perverts and distorts the true supply demand balance that exists for a given commodity.
In the auction house you can't put up a WTB auction. You can only sell items. Thus no one could put up a blockade. The only blockade you could put up would be a downward shifting blockade.
Put up a lot of 2700 lots of 100 CE for sell, and you'll force anyone else in need of crowns to sell at a cheaper price than your 2700 lots.
In effect, you'd have the exact opposite of what we have now!!! Think about it.
--the only difference being people are never all that desperate for crowns, I don't believe.
Ill quit posting now. I know if you stop and logic it through you'll see the point.
"False demand" would still exist though. That's what I just said, they would just put up a smaller wall and people will still one up them and prices would go up.
I don't think it's really accurate to say any demand or offer is false in a free market system. When you can say that, it's no longer free.
With only offers to sell CE on the AH, there is also no means to put up those bogus offers to buy in the first place. I agree with Rommil, though, in that I can only fault Three Rings for disingenuity, not just their own but also permitting users' in this way.
Even when promos bring prices down, overall they seem to steadily climb. I wonder how things will evolve as progression gets increasingly slow for new F2P players, what the follout will be, and how the publisher and developer will react. Were I one for wishing, I'd wish we could have the statistical data.
Ah, I see. That might work, I have to think it through more and I don't have the time to right now. I'm a bit worried about how a lot of people will perceive it when they think about how the people who actually buy CE with real money (and the ones that previous bought with crowns, though the only ones that hoard that are the rich) are the ones that can physically setting the price.
Right now, prices go up, F2P can complain about it, but have no decision about it. They can chose not to buy it but... sellers arent affected by it.
If sellers start to lose AH listing fees, then those "dont buy ce" protest will start to have an actual (small) effect.
"When you can say that, it's no longer free."
LOL, someone finally got the point.
You can do that on the other side of the market toooooo!
Okay, I thought about it a bit more and I can't immediately think of anything wrong with the idea itself, so that's a good thing. I'm still not entirely convinced it will make much of a difference. Right now if I really wanted to drive the price up for the sake of profit I'd have to mess with both the Offers to Buy and Sell. That could be profitable if I were the only one manipulating it as so but I wouldn't be so that's more or less out of the question. If it were a one way deal, I could just buy all the Energy Offers and then resell at a much higher price until everyone else started selling then too. I would still profit because the price I originally bought a ton of Energy was much lower, while raising the price in the process. In the current system I can't just buyout all the Offers to Sell Energy and drive up price that way because the Offers to Buy Energy would still be and the difference between the two can't be great if I want to profit.
@Asukalan: I think you still missed the point. A Free Market is one that is not regulated. Demand in a Free Market is Demand, regardless of the reasons why. Demand for the sake of profit is still Demand. It's when regulation happens that you can say artificial Demand happens and it stops being a Free system.
Anyway something should be done, the auction house idea is quite drastic but adding simple fee on energy depot would work, if you put insane offer and it wont get filled in 100% (whole - so you put 1000 buy and someone sells you just 1 and then you cancel you still loose that fee)
"In the current system I can't just buyout all the Offers to Sell Energy and drive up price that way because the Offers to Buy Energy would still be and the difference between the two can't be great if I want to profit."
That's why you wall the Buy side: post a big block of high Buy offers and force legitimate buyers to offer even more if they want their CE. That's what Asukalan's screen cap is demonstrating.
You can't block the sell side, because someone always has the option to beat your price. You could put up 1,000,000 offers to sell CE for 8,000, but then a guy can sell his 200 CE for 7,900 and succeed in selling them, even if the first guy buys them from him.
It doesn't work that way on the buy side because when on the buy side, Buyers compete to buy at a higher price than the other buyers. The one with the highest price will win. The price walls work because the buyer refuse to buy any lower, and thus the sellers are forced to sell it at that price, even if they wanted to go lower.
Sellers compete to have the lowest price, while buyers compete to have the highest price. We don't want a competition to see who can buy for the highest.
This is a great idea to stop them from controling the market...
What this means is, people demand CE because the more the better. So there will always be competition regardless of the supply. i.e. do not think injecting more CE by cheap packages would solve the problem. In a short run, it would stop the inflation but as we see over and over again, it would re-bounce in a long run and CE pricing would keep rising.
If you look at the current CE market, it's subject to all kinds of price manipulation because we only see the top 5 bids or asks. We lack a way to look at the overall distribution of the bids and asks. At the bare minimal, we need three pieces of data: the mean (average), the mode (the bids and asks that most people are willing to take) and the median (the midpoints of the bids and asks after they are sorted). Then people can speculate if the distribution curves are fat tailed (likely to be the case for bid curves) or fat headed (likely to be the case for ask curves). What people can do then is, adjust their bids and asks, so that the three points (mean, mode and median) are as close as possible.
In an ideal world, if mean = mode = median, we get a normal distribution (or bell curve). This is a benign curve because the price is fairly predictable and it has equal amount of buffer above and below the median. So when there are fluctuation in CE markets, the curve would shift to the left or to the right, but it won't be as volatile as the market right now. If there are structural change in the CE market, it would be reflected by the shape of the curve (it could become more pointy or flat). e.g. if the curve is too pointy, it's a cue to OOO to inject more CE into the market.
This method would still be subject to some abuse. e.g. people with insane amount of CE and/or CR could create multiple humps on the bid and ask curves. Buyers and sellers could still fall for them. It just make market manipulation harder than the current system.
These are all values the server can calculate incrementally. i.e. when a transaction occurs, the server can update the existing values of mean, mode and median accordingly, without going through the whole database of bids and asks. So server loads should not be an issue.
One implementation concern is, how frequent should the clients be updated on these data. At first I thought this should be a tiered service in which P2P should receive more frequent updates than F2P. Then I realize this is not a good idea because all it takes is one P2P to link up his account to a web interface and let everyone look at the prices. So I would propose just have everyone (both F2P and P2P) to be updated on the market at equal frequency.
Then the question is, what this frequency should be so that people won't manipulate the market by speeds (an open invitation to hacking, which is no good). I don't think there is an easy solution here. We need to do experiment to be sure.
I think convenience is a big reason for that. Imagine buying 30k CE on AH, you'll be pressing "Buy Now" for ages. Not to mention the 3 second delay between times you can do a buyout.
There is also the fact that you need to be in front of AH, you cant buy CE during a run or anywhere then. I also think most people would be reculent selling CE that way since the risks are much greater, you have a ton of people selling CE and the chances your CE isn't gonna sell within the time you put it on is quite high which means your loosing valuable listing fee.
Hmmm.... Rommil I will buy 1000 brandishes at the right price (ie just over vendor!). I just picked up a load of 3* bombs for 4k cr each!
The market does not need to move to an AH model, the energy model is the same as that used by stockmarkets the world over without any problem. The problem with a trading cap is, people could just use ALTs or form a Cartel with other players. It should not be forgotten that all energy comes into the game via PAYING players, increasing the tax on them from 2% to 10% would not be a popular move! Also auctions are time limited, this would sting just as many genuine players, who get caught the wrong side of a big move.
Personally I think all is needed is a cancellation fee of 1% from both the buy and sell sides, should offers be removed, and the ability to move an order, once a day without en curing any cost.
I have the feeling that this will drive up CE actually, because it would lower supply. I don't know how to explain it though... Am I the only one who feels like this?
Well, you would be right, on the assumption that the AH model would be its own disincentive towards putting CE on the market, mostly due to the whole losing your fee if it doesn't sell, and then the 10% cut aftewards.
The thing I would be happy about, is if there was some sort of a 1% cancellation fee if you take down an offer on either side, as it prevents the whole idea of "let's put up 2k offers here so nobody can get lower". Well, I suppose you could still do that, but you can't take it back without incurring loss, so to speak.
That would work fine too. Maybe 5%.
But then again,
If you want ce/cr fast but don't wanna overpay and you put an undercutting offer yet someone undercuts you again, you can't rush and cancel your previous offer to undercut again. (this kinda brings ce down a few crs lol)
If you want ce/cr fast, you hit the "Buy it NOW" button. Yes, you won't get as much as if you put up your CE/CR on the market for someone else to buy, but that's the price you pay for quick conversion.
You missed the key part for profit. You can make a wall like that but I don't really understand why anyone would want to. The potential profit is so minimal at that wealth level it's not worth it, even if it is feasible (which I don't think it is). Contrast it to if you only competed on one side it definitely is profitable to raise the price that way.
Right now, I don't really understand why anyone would want to raise the price of CE if they have a lot of crowns (which is what it takes). If the change is implemented, it would actually be profitable and thus many people would want to raise the price.
Whoever put up that price wall in that picture has at least 22,264,200 crowns (as mentioned before). I would not be surprised if he had an obscene amount of CE as well to make up for any cancellation fees thrown at him.
I'll try to explain again why the WTB section is one of the things hindering the price from falling.
When sellers sell CE, they want to sell it at the highest price possible, but at a lower price than others so people will actually buy theirs. This creates a competition until the sellers reach a bottom line where they feel its not worth the loss in profit to go lower. In this scenario, the sellers are setting and controlling the prices. This is good because they try to compete for the lowest price/highest profit.
However, when you introduce buyers setting their prices, things change. Normally, both sides just keep dropping, because buyers don't want to pay more than the seller is willing to sell to them for, usually less. What if, though, one buyer with derpbillions of crowns introduced his set price that was higher than all the rest of the buyers prices? Naturally, the sellers will sell it to him, wanting the highest possible price to sell at. The only way for the others to get the sellers to sell it to them instead is to.... you guessed it: Name a higher price. That is what's happening now.
Now, if the CE were in the AH, derpbillion crown man would not be able to control the market, unless he had all the CE. He would be forced to buy all the CE he could and sell it at his higher price. However, what would happen is other sellers of CE would more likely than not, keep selling CE under his price, and he would have no choice but to either lower his price or keep buying until he is out of money.
Just imagine what Wal-Mart would be like if the customer set the prices. They would be inclined to take the highest offer. It would be chaos. I should stop talking about this now, it's scary.
@Doreal
Reason why people make walls like that is to keep the price of CE from dropping so they can keep selling CE at a higher price. I imagine if there was no price wall, CE would gradually drop in price, cause once it hits that wall it will not go lower until all the offers are gone. Also, like I said before, this is probably some obscenely rich person doing this. I imagine he has a lot more than what that offer contains.
Wait, I missed the part where people were implying that you can't raise the price of CE if there were only Offers to Sell. Did you guys miss my earlier post? If there were only sell offers and I had 20 million crowns I would just buy all the CE available that I could now and then put it back up for sale. It would be profitable because I took a huge chunk of the supply out of the market and even if I don't sell it all right away the value and price of CE would have gone up as a result and the CE I don't sell immediately is still worth more.
This becomes profitable for anyone who is capable of doing it. Which means multiple people will, and price will skyrocket.
"Reason why people make walls like that is to keep the price of CE from dropping so they can keep selling CE at a higher price."
So you're telling me someone with 20 million crowns (presumably more if that's only what they're putting into a wall) even notices a difference of a few hundred crowns in the price of CE? I'm not sure if they'd really notice a 1k difference. It's picking up pennies as a millionaire.
Edit: Let me clarify. The price of CE would be worthwhile if it were immediately changeable from one to another without cost or effort. That's not the case though. I could sit on the CE market all day and sell energy at 8395 (getting 8226) and then buying at 8206 for a 20 crown profit. This seems to always be profitable whenever I check, I rarely ever seen it not be the case that I could make some crowns if I sold some energy and then immediately bought the same amount of energy. It's just not at all worth the time or effort to do so. Someone that rich is likely in the same situation and doesn't go around slashing every single bush on a level. It's cheap change.
It will eventually come to the point where people stop buying CE because it's so high and they cannot afford it. Then they'd have no choice but to bring it back down. Also, CE is continuously being put into the market, so there will always be another seller.
I don't understand why you'd think it'd come back down to a reasonable level when it's constantly on the rise currently. With a one side change it becomes immensely profitable to try to buy it all and sell higher. Right now it isn't. This is essentially a huge spike in demand without any change in supply. Yeah, there will always be sellers but there will also always be buyers. Doesn't mean the price will come down, especially when people actually have a reason (profit) to keep buying and reselling for more.
My prediction is that it would eventually hit a peak when it reaches near FSC levels (15k or so), then people will stop for a bit so the price goes down to maybe 12k or so, then just repeat the process.
Ce reached up to 10k+ in Beta and players still paid that amount. The price is just structured through supply and demand in this game.
Unless someone finds a way to have infinite amount of crowns and crystal energy they can ultimately control the market and remove all shares from both sides and have pure control.
Back in Beta I attempted myself to control the whole market:
I cleared both sides of the Ce market Crowns and Ce then made my own prices on both sides, but problem was players wanted to still sell there Ce at x-price and undercut my HUGE windows, and other players were only willing to offer x amount to buy 100 ce since that is what the market price was set to be even though I try to manipulate it fully.
Back to my original point:
If ce hits 9k or 8k or even 5k its not due to players manipulating the market its just because at the time and point that is the "true" value of 100 ce per crowns.
Example: When this game went open to public less crowns in the game so it was rare to own crowns 1k per 100 ce.....after a few weeks it changed to 2k and kept going higher for awhile a BIG influx of new players 2k+ made the market crash from its 5k price to 3k for a few weeks then went back up to 5k.
Oh Em Gee Njthug, why would you bring up why/how the market works currently when no one is going to believe you anyway? I at least had some semblance of a possibility of getting people to think things through how the proposed change could be abused.
More on topic, I honestly don't understand why the price walls would happen for profit. Trying to raise the price of CE this way is so negligible and not worth the time for someone that is actually that wealthy. To top it all off, I hadn't even yet pointed out that someone with 20+ million crowns that is raising the price of CE is making those 20 million crowns less valuable in itself. So the only reasonable answer is that they had even more money in CE than crowns, so over 40 million in total wealth. And then I have to ask why they even care about the difference of a few hundred units at that point, because no one from that unit perspective should.
Then there's also the fact that the price walls actually happen on both sides of the trade. Why did everyone just conveniently ignore that?
@Dorael
Your missing the point entirely. He is not putting up those offers because he wants to buy CE from others. He is putting up those offers to prevent that downward fluctuation so the price stays up instead of lowering. It's just there as a "safeguard" for the higher price. you notice in Njthug's example with the price fluctuation? It was a difference of around 2k cr. If the price dropped by 2k cr in that picture it would be around 6k cr, which is a LOT less when your selling by the bulk.
Also, Price walls won't work on the sellers side, because they are competing for a LOWER price. The only way a true wall would occur is if a seller sold tons CE for nothing, which cannot be beaten (although stupid). When buyers compete, the bid to get the HIGHEST bid so they can find favor with the sellers who want to make the most of their sale. Here, it is possible to make a wall because if no one is as rich as you are, they will never beat your bid.
@Njthug
Your example proved that a guy like in the picture would not be able to manipulate the market so easily if there was only the sell side. Those people beat your high prices, and so people bought from them, not you. This is what I meant by you cannot make a true price wall on the sellers side. Yes, I know the price of CE fluctuates. But this price wall on the buy side is preventing the natural fluctuation. That's why I think it must go.
No, it still doesn't make sense. Why would someone with 20M crowns want his crowns to be worth less CE instead of more? The only explanation would be that he has more in CE, which means he has so much money that none of this should even matter to me.
My point is there isn't a reason to do it on either side if you were interested in profit primarily. So my question is, why does it happen on the Seller side at all? Right now there's a bid for 547 at 8398. I've seen it at over a thousand before as well. Why?
Correct me if I'm wrong, but any argument you can make for crowns into CE you can also make for CE into crowns. It's just a question of what an individual holds more of. If someone has more of their money in crowns than CE, then they should want the price of CE to fall. If they have more of their money in CE than crowns, then they should want the price of CE to rise. Am I mistaken?
Edit: Also I never said you'd price wall if it were a one way thing. I'd say you buy it all first then sell higher.
He is not putting up those offers because he wants to buy CE from others.
That wall is there not because he wants to buy CE. That wall is there to prevent the natural cycle when CE prices fall.
Why is it less than the current price of CE? Because of for some reason it does sell he can wait till the price goes up and sell it away for a profit, even if it's a little. I imagine this guy is not an actual buyer of CE, but rather a seller. Like you said, He probably has a bunch of CE.
There's probably a ton on the seller side so they can hopefully sell a ton of CE at the highest possible price that's below the other sellers. This, however, is not a true wall, cause people can simply price things lower than you. I never made an argument pointing that price walling the selling side is ruining anything.
Some jerk is buying out all the cheap CE by entering his bids first. Other people could not do this easily because they don't have as much CR as this guy has. So when CE prices fall, said jerk would get all the cheap CE and then resell them at higher price later.
This is market manipulation.
No, I already understood that you're claiming they don't want to actually win the wall bid. You don't need to repeat yourself there. What I want to know is why they'd want to devalue crowns when they have 20 million of it. You're arguing that they must have much more than 20 million crowns worth of CE on top of the 20 million crowns they placed into bids. If they have more money in crowns than CE, then what you're saying makes no sense. If they have an equal amount of crowns and CE, then it doesn't matter what the value of crown to CE is to them because they are equally rich either way. If they have more money in CE than crowns then yes, they'd want the value of CE to raise so that the larger portion of their wealth is worth more. Thus, in order for you to be right about someone putting a wall the size of 20 million crowns, they'd need quite a bit more than 20 million crowns of CE in addition to the 20 million crowns they already had.
So you tell me, why does someone with that much money who has 20 million crowns and at least 244k CE care about the price of CE to an extent that they'd bother messing with the market to move it a few units? I'd argue that at that wealth point a few hundred units wouldn't matter in crowns to CE. What, in this game, can you buy or spend that puts a sizable dent in the face of 20 million crowns and 244k CE?
You are just talking about such a trivial profit margin for the time and effort they'd have to put in it to make such a small change in their total wealth.
Also I totally forgot you used that avatar when I was looking for a new avatar that other people weren't using.
Apparently I forgot a > and it did horrible things to my post.
Keep in mind you can trade CE for other things like games on steam. He gets more crowns so he can continue to buy more CE and trade for more things on steam. That could be a reason why he is doing this. I myself would not even care about such wealth, like you though.
The profit margin maybe low, but the amount is not. The price difference between the highest buy and the lowest sell in that picture is 200 and if he manages to sell all 2790 offers for the current lowest price of the sell offers, he'll make 583110 crowns, something some people will never see. all he has to do is continuously do this, and it adds up over time.
If it's not regulated. Not saying it's good. Just saying.