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UTC 7 : 14 18. Mai 2024
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[Current /active issue] Possible Market place issue /Bug (Price crash)
07. Jan 2023, 00:21 (UTC)
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Zeitpunkt der letzten Änderungen : 07. Jan 2023, 00:36 (UTC)
# 1

EU market

Prices seem to top out and reset to bottom . see miages, they have just been taken now. (may want to investigate ASAP, this could be exploited i think,unless this its normal?)

Not filed a ticket, bussy, so if someone else want too, that would be cool.

Zeitpunkt der letzten Änderungen : 07. Jan 2023, 00:59 (UTC)
# 2

There is nothing special on the pictures, this is just how their market works. If a large volume of items are smashed at min price, the price crashes fast. This is how it always worked.

244 4634
Lv 63
Hnnie
Zeitpunkt der letzten Änderungen : 07. Jan 2023, 01:47 (UTC)
# 3

Okay, but never seen such an extream.. seen a fast drop not an insta drop like this.

also, look at the second image, it was at 106mill top price, now 35.2 top price, in .1 mill steps. Thats a 70 mill drop in price diff @ o.1 mill steps, is that 700 price steps drop in one go? Meaning if the lowestt bracket was stack with loads of elkars in the active bracket, to manipulate the price. Then, even them elkara are out of the range, it droped a massive amount below the majority listing. If that how it works, haha, bit scuffed :P

I don’t know, just seem iffy, but if you say its normal, I’m sure you know and not just assuming it’s the normal stuff we see.

Zeitpunkt der letzten Änderungen : 07. Jan 2023, 02:54 (UTC)
# 4

The reason this happened was because people were buying the crystals thinking they could sell it for billions later, but people were also not putting up their crystals. The supply and demand ratio did its thing and people just didn't want to spend that much money on breakable crystals so the market crashed. The people who spent a lot of money for early investments were the ones driving the prices up. However the demand wasn't there so it crashed. Maybe occasionally the prices will go up much higher but I think crystals will stay at whatever price people think they're worth.

Zeitpunkt der letzten Änderungen : 07. Jan 2023, 03:43 (UTC)
# 5
On: Jan 7, 2023, 02:54 (UTC), Written by Tooshaitopost

The reason this happened was because people were buying the crystals thinking they could sell it for billions later, but people were also not putting up their crystals. The supply and demand ratio did its thing and people just didn't want to spend that much money on breakable crystals so the market crashed. The people who spent a lot of money for early investments were the ones driving the prices up. However the demand wasn't there so it crashed. Maybe occasionally the prices will go up much higher but I think crystals will stay at whatever price people think they're worth.

re 'but people were also not putting up their crystals'

the elcars had listing all across its range before the crash. [EU} some at the top, some in the middle most at the lower (around 200 i think).

To see it Drop so much dosent seem right. 

but what that did make me look at the in sock number '6'? but there where way lots, did all pull at once, that's a few accounts.. i guess it could happen.

i had already sold my stuff half way though the climb, so i've not lost out here, but was looking to seee ho much i missed out on, just to see this huge drop.

re 'The supply and demand ratio did its thing and people just didn't want to spend that much money on breakable crystals so the market crashed.'

but they where Jin magic crystal orders also before crashed @max price, in fact i had filled 3 , hours before the crash.

wish i could find the individual crystal cap list.. but internet seach not working for me, (type in what you want, get somthing random :P).. best i got was a scuffed redit post. But if the jins new cap was 500mill and it ticked to go 500, but reset, well thats my worry

Zeitpunkt der letzten Änderungen : 07. Jan 2023, 05:31 (UTC)
# 6

high end crystals has always been a game of chicken since the announcement of the crystal change tbh. lots of people holding onto as much of it as they can hoping to sell at max price and once one person dumps their stock everyone else does and exactly what you see happens. 

Zeitpunkt der letzten Änderungen : 07. Jan 2023, 06:38 (UTC)
# 7
On: Jan 7, 2023, 05:27 (UTC), Written by asdsadfas

high end crystals has always been a game of chicken since the announcement of the crystal change tbh. lots of people holding onto as much of it as they can hoping to sell at max price and once one person dumps their stock everyone else does and exactly what you see happens. 

Pretty much. You see this in stock markets all the time. Playing the market is understanding human psychology, not what is most logical. Everything is irrational. Everyone has their own little strategy they think will work. I don't think there is any issue with the crystal market right now, seems to be behaving like it should. It'll be turbulent before it stabalizes.

Zeitpunkt der letzten Änderungen : 07. Jan 2023, 11:23 (UTC)
# 8

Im well aware of how markets work. you do understand the diffrnce here, why i wonder if there is a bug rathere than a reaction? Or are we all just trying to sound smart?

Maybe you are correct and BDO market alow for instat drops insted of staggerd drops as seen in this image (maybe someone is playing the code? manipulating the marekts) Also understand im not sying your incorect, i just saking that you understand what im talking about, instead of assuming, that way i know you are arguming the correct topic. Sure, could be how BDO mp fuctions (allowed to fuction, though i though it did not) but we also know BDO makerplace has special control, caps and dirvers.

...

and if this is the correct function (though I thought it could not happen, hard coded), Cool. I sold most of my crystals at exactly the correct time, for max gains :) I’m a genius (or very lucky, nah this is BDO, claim is big brain)

Zeitpunkt der letzten Änderungen : 07. Jan 2023, 12:30 (UTC)
# 9
On: Jan 7, 2023, 06:38 (UTC), Written by Tooshaitopost

Pretty much. You see this in stock markets all the time. Playing the market is understanding human psychology, not what is most logical. Everything is irrational. Everyone has their own little strategy they think will work. I don't think there is any issue with the crystal market right now, seems to be behaving like it should. It'll be turbulent before it stabalizes.

I had 13 Rebellious Spirit crystals. 1 none sellable, kept 4 for me, and sold 7 at 700-800 in stages (EU market, I played it 100% correct,i knew the expected drop off point (BDO market that is not the stock market), see, me smart). Also left one in the mp.


You see, I understand how the human brain works and got my profit, i lost nothing this isnt about my understandings of natural markets (RL stock markets). Stop trying to sound smart, doesn’t impress me.


Understand that I not disagreeing with the possibility this it’s a function. I’m verify if it is a function or an issue. Telling me how the human mind works show me you are overlooking this point and going right to the Psychology.
Understand than am asking you if you understand what I saying? because if you don’t, then I need to explain myself better.
This is call communication. If your assumption is; I have no understanding how people think, then you have missed my point.
Seporate the issues here. I’m not claiming you incorrect and that this can’t happen. I was under the impression the market did not allow for this as TOS is against market manipulation, so would have protections, like it does with price caps.

I've lost nothing ,gain nothing if this is an error or a function. I just have a concern and wish to make sure all is well. What would put my mind at rest is if a GM came in here and said, This is normal fuction. Surly they know? Then i don't have to listen to people trying to be smart :P


dont know why people can seporate the 2 issues and i never know if its my limited comunications abilites are thier :(

And to be fair, If I’m worried it’s an error; I not going to take advantage by playing it. Because I may get accused of manipulating the market beyond TOS. I have the funds just sitting there, doing nothing (I don’t grind MP is where I make my cash).

I could start playing with some of the items, ones I know are volatile, but I won’t. Not until I’m sure it as expected functions. GMs?

But what do I know, The cash in the bag , well, just luck.

Extremely rare for me to have more than 2-3 bill sitting in the MP un-invested (many methods)... it be strange times

Zeitpunkt der letzten Änderungen : 07. Jan 2023, 15:11 (UTC)
# 10
On: Jan 7, 2023, 01:26 (UTC), Written by Snoods

Okay, but never seen such an extream.. seen a fast drop not an insta drop like this.

also, look at the second image, it was at 106mill top price, now 35.2 top price, in .1 mill steps. Thats a 70 mill drop in price diff @ o.1 mill steps, is that 700 price steps drop in one go? Meaning if the lowestt bracket was stack with loads of elkars in the active bracket, to manipulate the price. Then, even them elkara are out of the range, it droped a massive amount below the majority listing. If that how it works, haha, bit scuffed :P

I don’t know, just seem iffy, but if you say its normal, I’m sure you know and not just assuming it’s the normal stuff we see.

I did already saw such extreme cases on other items in the past, however since the speed of price change depends on the number of sellers/buyers it's only this fast in extreme cases like now, when some ppl thought they will going to the moon, panic buyed, and then when they started understanding how the market works started panic selling instead.

Obviously if the market would have a decent implementation there would be limitations that prevent spikes in price, but yeah PA...

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Hnnie
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