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| Author | Economical experiment |
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Just for those who are interested in things like this:
Yesterday I started an interesting economical experiment. I noticed there is only one lot of meteorite shards(MS) in the market, price about 3500. So I bought them all and tried to raise their price, put them back for 6000. In a little while there was new lot for 4500, I said to myself "I hate you, stupid" :-D and bought it and offered again, for 5800, just so there were just my lots in the market.
And guess what. Today, there are many lots of MS and the price is again about 3500!!!
I think, that it was clearly proved, that the price at every time gets to specific equillibrium, which depends on demand and supply, in another words, how many MS are in the game and how many player wants them. This can't be changed by buying insignificant amount of MS nor trying to raise the price artificially.
It surely follows some economical theory, but it was interesting to see it practically ;-) | | lol and i still don't get why :) only if the other people put it up for a high price too i would want to see what will happen | | But you are doing this wrong :-) | for Ghost_Face:
The thing is, you can't write to all people on the server :-D | for jrf:
fist steps in the reselling art? it works but it's not that simple ;} | | Haha, that reminds me of that 2 mh rings of flight I bought in a similar situation a few days after registration. I still have them and I doubt I will ever sell them with profit. XD |
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