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I did some research on components and market price

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Sphyxia

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PostPosted: Sun Apr 13, 2014 8:49 am


Found out that complicated formula's, which take a few more formulas to make them get inflated slower but bigger in price gap. Simple formulas get inflated faster and smaller in price gap from previous average.

What does that exactly mean? For people who don't want to go through the trouble of gathering components and opening caches they would prefer paying higher than what should be and these situations where the need arises are not often so that explains why their prices inflate slower but bigger.

For simple formulas, they inflate fast because they are easy to make and often the components are easy to get but they have numerous clicking requirements enough to bore anyone with a lot of gold and lazy. So they just buy the components from someone even inflated because of laziness and gold where they have no respect but spend spend and spend.

Another wild card is the intervention of people trying to gather components who are not really well versed with alchemy. They don't know how much the item should be worth so they just buy it at inflated price without knowing it inflated.

I've been researching a number of ways to get rid of excess or unwanted caches and found out that if a lot of people would do it, the basic formulas end product being sold on the market would drastically decrease since there is a surge of supply. This would produce a chain effect because simple formulas now low priced, would lessen their big formula follow up price.

The bad truth is that people don't like clicking a lot and waffle their way on getting rid of caches. Sure you can sell a lot of aqua, sapphires and emeralds for really low prices but you could have earned more if you knew the right formulas to craft.

If I'm not busy or lazy I would definitely make a guide about how to burn your caches the hard way but earn gold (the thread would have no art in it because I have no talent for crafting it). The guide would only help people who need gold but seeing most of the members on this guild are rich I see less point on going through the effort.

In the end of my small quick research that I came to the conclusion my effort to deflate the market is futile. No matter how I swim against the tides, I can't compete with people. I have tried to deflate those wooden trunks and the lowest thing I got was a 41k mp price, now it's back to 55k close to where I started. I'm only one person trying to convince many how to make alchemy easier and never be fooled.
PostPosted: Sun Apr 13, 2014 12:06 pm


You never know who could use such a guide. I don't make a ton of gold on my own. I would love a guide that showed me how to make gold with Alchemy. So far I've just been doing it because it's fun.

And I'm sure there are a few other people who aren't rich here either.

You have the resources and the means. Why are you saying "Oh, I'm not going to do anything because no one will appreciate it." If I was in possession of such info, I would make it because it's a good thing to do for everyone.

Okami Ameras
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Sphyxia

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PostPosted: Mon Apr 14, 2014 2:38 am


Okami Ameras
You never know who could use such a guide. I don't make a ton of gold on my own. I would love a guide that showed me how to make gold with Alchemy. So far I've just been doing it because it's fun.

And I'm sure there are a few other people who aren't rich here either.

You have the resources and the means. Why are you saying "Oh, I'm not going to do anything because no one will appreciate it." If I was in possession of such info, I would make it because it's a good thing to do for everyone.


I'm torn between two wishes. Make some gold and help people. Turns out the more I prioritize with one of them the other breaks.

I won't deny that alchemy made me rich (earns millions but not billions -yet). I'm starting to get attached to this guild so, yeah I share my secrets (which aren't really that great I might lose profits) much torn dilemma.

So yeah I'll make a guide about making money from crafting components enough to milk those who are aspiring to craft wings and have used tons of GG. This method was made to abuse those who use GG and are lazy to craft or learn alchemy (dun dun dun darkside of the guide).

I'll ask you to make a decorative thread for me in the process after I've done doing the skeleton.
PostPosted: Mon Apr 14, 2014 2:42 am


Sphyxia
Okami Ameras
You never know who could use such a guide. I don't make a ton of gold on my own. I would love a guide that showed me how to make gold with Alchemy. So far I've just been doing it because it's fun.

And I'm sure there are a few other people who aren't rich here either.

You have the resources and the means. Why are you saying "Oh, I'm not going to do anything because no one will appreciate it." If I was in possession of such info, I would make it because it's a good thing to do for everyone.


I'm torn between two wishes. Make some gold and help people. Turns out the more I prioritize with one of them the other breaks.

I won't deny that alchemy made me rich (earns millions but not billions -yet). I'm starting to get attached to this guild so, yeah I share my secrets (which aren't really that great I might lose profits) much torn dilemma.

So yeah I'll make a guide about making money from crafting components enough to milk those who are aspiring to craft wings and have used tons of GG. This method was made to abuse those who use GG and are lazy to craft or learn alchemy (dun dun dun darkside of the guide).

I'll ask you to make a decorative thread for me in the process after I've done doing the skeleton.
Ok! I can do that for you.

Okami Ameras
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PostPosted: Mon Apr 14, 2014 11:33 am


Maybe you could consider adding the components which can be crafted in a later level than the one it's required in to that list.

Example:
Formula 6: Ogre Bone

which is required in the
Formula 4: Cuttlescythe
Formula 4: Deluxe Bone Mask
PostPosted: Mon Apr 14, 2014 5:00 pm


I've noticed that:
1. Even just the component (not a crafted component, but one you open from a colored cache) is more expensive than buying the cache itself.
2. The crafted components, as you mentioned, yield an even higher profit margin.
3. If a crafted component is very complex, aka it requires other crafted components, the markup is even higher.

This holds true for just about every item needed to craft backwings and the crown of thrice great.

piggyzhou
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b u n n y - l i o r e

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PostPosted: Mon Apr 14, 2014 9:19 pm


piggyzhou
I've noticed that:
1. Even just the component (not a crafted component, but one you open from a colored cache) is more expensive than buying the cache itself.
2. The crafted components, as you mentioned, yield an even higher profit margin.
3. If a crafted component is very complex, aka it requires other crafted components, the markup is even higher.

This holds true for just about every item needed to craft backwings and the crown of thrice great.

XD I;ve noticed this as well. Why people would buy the single component from the cache, which is often times 2-3x more expensive, when they can just buy the cache....beyond me. Aside from wanting to open a million caches, which is the only answer I can think of. The only time I sell individual components is when I select some on accident (some look pretty similar when you're tired...>>), but I sell them for what the cache costs. Like the one I got from a gold cache: sold it for what the cache price was, since I think that's fair at least.

To the OP: yea, I tend to make some components as well, usually lower leveled ones, to use up some excess caches & make a profit XD thus far I'm ahead....minus buying the formula itself for the wings. But yea I've been able to remain relatively in the positive in terms of gold, without trying to...inflate the market too much >>; Usually I just look at the lowest buy price & always go under what the lowest is, since for some reason on some items it won't show the AMB (on the sell an item page). But yea, it's easy to make money if you sort of...know a) which components can sell easily & b) which ones you can make without a big loss in gold. :3
PostPosted: Mon Apr 14, 2014 10:46 pm


b u n n y - l i o r e
piggyzhou
I've noticed that:
1. Even just the component (not a crafted component, but one you open from a colored cache) is more expensive than buying the cache itself.
2. The crafted components, as you mentioned, yield an even higher profit margin.
3. If a crafted component is very complex, aka it requires other crafted components, the markup is even higher.

This holds true for just about every item needed to craft backwings and the crown of thrice great.

XD I;ve noticed this as well. Why people would buy the single component from the cache, which is often times 2-3x more expensive, when they can just buy the cache....beyond me. Aside from wanting to open a million caches, which is the only answer I can think of. The only time I sell individual components is when I select some on accident (some look pretty similar when you're tired...>>), but I sell them for what the cache costs. Like the one I got from a gold cache: sold it for what the cache price was, since I think that's fair at least.
It's definitely because of laziness D: cause sometimes I do it too xd But only if it's below ABP... For example those ankou's thread... also I found something else you were selling today and bought yours ^~^ can't remember what.... xd But yeah~ Thank you for selling below ABP!

But I would never pay above ABP price x___x Sometimes before I start opening caches, I'll look on the MP to see if someone's selling the component cheaper than the price of the cache... Only then would I buy it... But usually that's not the case.

Actually, these cases of people selling/buying components only used to be pretty rare... I think because of the inflation, people have so much disposable income they have no idea what to do with it O_O And then.......... Yeeeah........ since the prices of caches/components have not really been hit by inflation (except for gold cache), they're willing to pay the 2x or 3x markup, because even then it's considered dirt cheap?

piggyzhou
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Sacred CraftBook

 
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