Ah. Gotcha. Is that a viable method of making sP? How does it work?
I wouldn't recommend it. I was sort of stupid to do it. I'd only recommend doing it if you keep track of it.
Basically what I did was I saw csc at 8.5m/100 and below, bought it up and sold it for more than that. It ended up being an average of me paying around 8.1m/100 so extra profit in total.
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[/font]Ah! Gotcha. Isn't that kind of against the rules?
What? Buying up items and then reselling them at a profit? Nope. I am allowed to buy whatever items I like and do with them as I like after all (and I'm also technically not even inflating prices either since they're pretty even at what I'm selling at)
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[/font]Thats more what I meant.. inflating the prices.
Nah cause its a user regulated economy as it is there are plenty of people who buy up all the items of one particular item which is inflating for their hoards.
It's only because its csc that people might be annoyed even though it's not as though I've pushed it to over 9m/100 csc -thumbs up- I buy the lower priced and put it at its equilibrium price ^_^
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[/font]Got it xD I'm just doing my quests now then I'm going to AP my shop.. I actually can't wait! I imagine I'll hit my sprint goal with selling it all off.
I just went into an overdrive explanation of the economics, my bad xD I sort of use subeta as my petri dish too tbh to see how price trends go :3
I just priced mine and now I'm hand pricing my restock shop and gonna nom and then sleep.
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[/font]That's neat though! Economy is cool even if I don't really understand it xP
I looooove economics and would love to go into that when I finish my degree. xD
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[/font]We'll see :3 I do a macroeconomics topic next semester so I'm looking forward to that a lot.
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[/font]Made just under 6 mil overnight, not too bad I guess. Really want to increase my daily earnings, hoping my gamble plan works out.
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Oh nice! Is it a career change or a career advancement?
_ I only have 13 pets (so unlucky!) i can't imagine training that many lol
I was going to buy Natasha when I had 960 mil but my main was not even T11 yet so I bought the ohs and boosted so I would not be set back quite so much. He was better off with the boost anyway. Right now he is a low T11. After this next boost though he should be significantly closer to T12.
I think that helps? I'm going to have my T6 start doing bqs and maybe autotrain my littles. I hate that auto training costs csc though :/ why it needs to cost sP AND csc is beyond me :/
it was a career change but now i'm in my 2nd year so career advancement now I guess ^o^
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[/font]if I had credits to spare I'd sell 'em though I never seem to have enough, haha. So awesome you made out like a bandit though will selling. And I rarely play games thought that's mostly because I forget about 'em. I think I'll do my best to play a few here and there daily to see if it helps. Thanks for that! :) Oh and lets not talk about pet jobs, I always for get about those too.
okay Friday or Saturday then it shall be. And I've been on every day since this started and some days I just didn't bother questing. This week just slipped by on me with everything going on in the real world. Hopefully next week will be better!
I'm keeping a log for when I do actually come on here to do stuff lol. Hopefully next will be better. Once midterms are over I can rest better for sure! Speaking of pet jobs, I haven't looked at mine in a really long time!
how are you keeping track of yours? I'd like to see since I'm so disorganized/lazy I'm just adding my gains, haha. Yeah, I'm sure you will sleep for a few days really well once you're done. I know you can do it! :) As for pet jobs I check them once a week or so if I remember otherwise I don't even pay attention. I think that it might be due to the fact we have to click through multiple pages instead of just one or two to get the earnings.
I use a note pad on the computer to help me lol. I'm not very good at excel or other number tracking type programs haha. So, all I do is put down what I make for each turn (15) and add up all those numbers and the total is what I made for that quest. Then when I'm done with the quests for the day (or whenever I do them lol) I'll add it to my total in the vault.
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Actually that's just imperfect information about aggregate supply. People also buy in discrete units when they see a good price (hmm, I'll buy it today) rather than continuously look up the price of CSC.
So people might think it's hovering 8.8m and are willing to buy 8.5m but if they saw it was 7.5m (10+ cards) they would hesitate to buy it. Nevertheless since they are still willing to pay it is an equilibrium price.
It's not inflating (in the same of inflation of sP or supply shock), but rather decreasing the quantity supplied.
At x price, there's y buyers. At x-z price, there's y+n buyers; thus it is relatively easier to sell it at that price.
You can do this with all items; like during potion restocks, set a sufficiently medium-low price and then buy up all the 9m- potions. Resell one at a time for 14m. I usually find the fastest going items to be hairs, eyes, CSC, wizard tokens, potions and anything appearance-related.
Also I'm surprised a lot of people have the mentality of if you charge more than what someone thinks its worth or hoard a supply of things, that's it's illegal, bad or something..
I value water at $2.50 and buy it via vending machine if I am really thirsty, I'm close to it and it's far/I'm too tired to walk and buy a cheaper one, etc like the airport/attraction park/etc. That's not 'bad' 'greedy' 'illegal', it's just people valuing stuff more or less at different times relative to their situation (I'm so desperate, I want an item I see during window shopping for example!).
Off tangent :x