Friday, October 15, 2010

Current Experiment

I've always liked the idea of doing interviews with people. You learn a lot about how others think, and their insights definitely provide perspective. No one is 'wrong' unless they say no to Gold for zero effort.

How funny, today, that our experiment is just that!

I've started a guild for anyone called 'Motive' (it's a bit of a complex pun), without any requirements. All you have to do is join it, and you get all of your repairs paid for. That gold comes from my success on this server. I'm basically just going to chart my progress by using the guild bank.

Today's interview I was mentioning comes from a random person in /trade, who I caught griping about Dragons Eye's and their price change post 4.0.1 patch. Here's a sampling:
















I will most likely bring the entire thing down into a dissertation about the terms 'normalization' (False) and look again at 'opportunity cost' because I think I can improve on our definitions. It should be noted here that I was referencing our partner's use of the word 'normalized', and was not implying that it makes any sense to me or that I use it. I was misquoted when this player stated I would see no real gain. (That should have been obvious based on the implication of the comment)

To end for today, just remember: Other people want to give you money, and competition doesn't want to work as hard as you for it. Find the balance between these two factors, and profit.

(post script: The patch created a bubble. I'm up to 1k gold on my level 1 from trading 40 items. This is not reasonable, and I'm not going to list it as legitimate profit.)

1 comment:

  1. Hey! Looks like I'm the only one to chime in. Forgive my term; normalized. I wish you would have taken a look at the drop in price of dragon's eye's to give me a fair shake. For the record, the drop went somewhere around the lines of 230g, to 180ish gold, to 100g, to 80g. My point was more, why drop by such a proportion? You said to dominate, and control the market. But was that such a smart move considering when my dragons eye's returned to me, I made nightmare tears and sold those for 220+? This wasn't being cut by a few dragons eyes, people unloaded 10 and 15 at a time per interval drop. Instead of cutting me by a copper piece, a silver piece, or a gold, they cut it in half. In the end, they won the market, but made much less than they could have, and had no real impact on my ability to take advantage of the demand that day.

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