Hired Market Managers
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@homegrownpine1_xbl said in Hired Market Managers:
After studying the market flow I placed a fair wager on buying low in response to an established price. The market reacted opposite expected. An unusually high amount of purchases were made inflating the price of the cards.
The must be either an algorithm to contain the market or people hired to watch for manipulations and counter them.
Am I wrong?
Yes, you're wrong.
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The same dev team that "allegedly" can't fix hitting or mini-seasons is going to be smart enough to write a sophisticated market-manipulating bot?
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So its not at all possible for others to see the same good deal you did?you are the only one? Gotcha i ll keep that in mind
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@savefarris_psn said in Hired Market Managers:
The same dev team that "allegedly" can't fix hitting or mini-seasons is going to be smart enough to write a sophisticated market-manipulating bot?
LMAO.....Bravo!!!!!
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Okay, so no bot. Why then is the market so ridiculously tight? The supply and demand theory isn't logical.
There are often cards being sold well below an ROI or with such a small ROI that it doesn't make sense to flip them given the time required to place the orders.
I've spent way too much time analyzing this and I've concluded that either there is a not so sophisticated bot, or people are just kind of stupid.
What other possibilities could there be? -
Are you mad that Machado isn't selling for the same price as other 90 live series cards?
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@homegrownpine1_xbl said in Hired Market Managers:
...people are just kind of stupid.
Bingo. Nailed it right there. If you need evidence, look no further than posts on this forum. How many people chose the same unsellable cards last year in team affinity? How many people list cards at quicksell value, and lose 10% as opposed to just quickselling? How many people whine about Future Star cards because they're made up, while simultaneously complaining about one of the greatest baseball players of all time being released today because "wahhhhh, too many first basemen type cards".
Yes. People are stupid. Welcome to the internet, where they showcase their talents for the whole world to see.
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@homegrownpine1_xbl said in Hired Market Managers:
Okay, so no bot. Why then is the market so ridiculously tight? The supply and demand theory isn't logical.
There are often cards being sold well below an ROI or with such a small ROI that it doesn't make sense to flip them given the time required to place the orders.
I've spent way too much time analyzing this and I've concluded that either there is a not so sophisticated bot, or people are just kind of stupid.
What other possibilities could there be?Other possibility being they bought the card days, weeks, or even months ago why prices where down. They are selling card at small loss to free up capital to purchase a new card they feel excited about/want.
Feel like you are over-simplifying the market and people.
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@americanarrogant said in Hired Market Managers:
@homegrownpine1_xbl said in Hired Market Managers:
Okay, so no bot. Why then is the market so ridiculously tight? The supply and demand theory isn't logical.
There are often cards being sold well below an ROI or with such a small ROI that it doesn't make sense to flip them given the time required to place the orders.
I've spent way too much time analyzing this and I've concluded that either there is a not so sophisticated bot, or people are just kind of stupid.
What other possibilities could there be?Other possibility being they bought the card days, weeks, or even months ago why prices where down. They are selling card at small loss to free up capital to purchase a new card they feel excited about/want.
Feel like you are over-simplifying the market and people.
That doesn't apply to almost every card and it wouldn't account for all the buy orders.
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Meant to quote @FooFencer_NSW
Absolutely nailed it. I have seen some of the dumbest things in the market this year. I'll give you two examples. Silver uni bought for 100 stubs (75 of them), sold for a 111 stubs. Quick sell value = 100. Quick maths... 111 take away 10% tax = 100 stubs. Another example for you, Johan Duran went gold and his Quick sell value is 600 stubs. There are a ton of orders that will lose money, at this very moment, because they don't understand how the market works.
SDS is very clever, not every diamond or gold has the same qs value anymore and people are literally too stupid to check.
Interesting that SDS offers tutorials on how to play the game for new users, but not a guide to how to use the market more effectively, or at least in a way that makes any modicum of sense.
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