Here you go:
https://www.spacetimestudios.com/sho...t=trend+market
Attachment 207269
A quick research into past similar forum threads would have answered your ignorance on this topic, perhaps reading more before commenting purely based on your invalidated opinion helps you sound a tiny bit more matured.
[Disclaimer: Before you read any further, my Intention is to hopefully clear up some if not all doubts on the topic of price manipulation, I'm not interested in defending anyone stance nor do I have the time to engage in a meaningless drama]
"Price manipulation is not real in AL"
It seems to me there's clearly a lack of understanding between merching(short term/long term) and manipulation as well as how the price of an item is determined.
"We as the people set the price not STS"
I believe you meant each of us get to decide what price we are eventually gonna sell our items, correct me if I misunderstood you. While that's partially true, think about selling an item say deary egg for 100m, would anyone in their right mind buy? AN INDIVIDUAL DO NOT SET THE PRICE for an item. One person who decides to sell at a particular price contributes to the overall market demand and market supply which ultimately sets the price for that item.
"To say we should get banned for selling an item at the price we want is to say beggars should get banned for begging."
I don't see how is this a relevant analogy, but nice attempt anyway (:
"I bet you’re the type of person believe that 500bil inflation is fake and the moon is made out of cheese"
I appreciate your sense of humor but it seems a completely redundant remark.
Now, Let's get into some real talk.
First, prices of an item goes up and down because of the constantly changing market supply and market demand. For any item, there's a ceiling price(max price) and floor price(min price) people are
willing to pay for. Depending on supply of that item, the floor price may be pressured to go lower if supply is abundant, similarly, if demand for that item is high enough while the supply is limited, the ceiling price will be forced to break to a new height. Now, when you decide to sell an item at a price that's within the CURRENT min and max price range(not a day/week/months/years ago), you are selling the item at the current market price.
Merching happens when you buy an item that's
below the maximum market price (ceiling price) and sell it at an appropriate time at the ceiling price or higher than the amount of you bought for. Here, your merching profit depends on the gap between the price you bought and the the ceiling price at the time you intend to sell as the market price range changes over time. The Larger the gap, the more profit you get. As a side differentiation from merching, lowballing is when you offer to buy something outside of the min and max bracket people are
currently paying for. Of course, there are people willing to sell way below the
current market price range when they are in a rush, you did not lowball an offer but rather received a lowball selling price.
As an example:
Let's say mishi egg's
current price range is this: 2m = floor price, and 3m = ceiling price. Selling at anywhere within 2m-3m, you are selling at the current market price. Merching means for e.g. you are buying at say 2m and selling at 2.5m.
Manipulation is when you are selling an item
that is set by you or a small group of people solely instead of by the overall people in the market. In other words, manipulation involves one or a few individuals attempting to
control the entire market supply and demand to create a false and new accepted market price range. In a free market where the demand & supply for an item is
not being artificially created, it is not possible to sell at
any price you want because market price is determined by
actual market demand and market supply a.k.a the average of the sum of all legitimate, interested buyers & willing sellers and not by a single individiual. You might ask: what if I have no intention to manipulate the price I'm just hoarding some of them so that i can sell later when price goes up? Well, this is a very tricky question. (I will attempt to the best of my ability to distinguish the difference between the two) Hoarding can be understood as a form of long term merch, however depending on what you are doing with the items you hoard, you may either be merching or doing something that's against the TOS i.e. actively manipulating the market supply and demand.
As an example:
For anyone who has over 50m, you can very significantly if not entirely control the whole market supply and demand of say magma eggs. Let's assume for simplicity sake the market currently has 1000 magma eggs, i.e. 1000 willing sellers waiting for buyers. Say, initially other than these 1000 legitimate sellers, there are also a 1000 legitimate buyers of magma eggs. Being one of the 1000 legitimate buyers, and the richest among all of them, you bought all the 1000 magma eggs from the 1000 sellers. No one in the market except you has magma eggs. Now, the remaining 999 people who was looking to buy magma egg at the market price now
is forced to buy at the price you are willing to sell because only you has magma eggs and nobody else has it. Now this, is market or price manipulation.
How about hoarding? If I hoard all magma eggs and not sell them until
after some time would i be considered as manipulating the market? The answer is no. Why? Because the new supply of magma eggs (from new sellers other than the 1000 sellers earlier) will slowly match the demand of 999 people (or possibly more people) in the market to determine a new market price. Yes indeed, the new market price would have raised to a new higher bar from say 10k to now 50k because you hoarded them but you did not manipulate the market in a way that doesn't allow the market to have its free flow of supply and demand, manipulating would mean you
actively play a role to
control the market at all times (i.e. whenever a new seller of magma eggs appear you buy it, making you the
only seller of magma eggs at all time for now and forever or as long as you play AL)
The above are my attempts to provide some over-simplistic examples on how merching/hoarding and price manipulations works. Hopefully it clears some doubts, if anyone has better input, feel free to add (:
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