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Economic ManipulationFollow

#1 Sep 15 2007 at 4:01 PM Rating: Good
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166 posts
I wanted to warn everybody to beware economic manipulation on the Jeuno AH in particular in Cerberus.

Bigstank (gee, where have I heard this name before? Maybe Charybdis thread?) and Giabra spiked the price of Hospitaler Earring recently; please be aware its value as of one week ago was 10-15k, and that is likely the reasonable amount. It had hovered there at least a month before said individuals artificially moved it to 150k.

This trick may be emulated by other low-lifes, or it might be isolated to these two, but be wary on items with them in the sell history very often. Don't want people getting burned if they can avoid it, and I pity any who paid their price without realizing it was inflated.

P.S. -- I do realize this was mentioned in the Charybdis thread, but figured it deserved its own topic so it is made visible.

Edited, Sep 15th 2007 8:40pm by VhailorEmp
#2 Sep 17 2007 at 7:21 AM Rating: Default
I'm a star! Thanks, pal!
#3 Sep 17 2007 at 8:56 AM Rating: Default
I just wanna say this... If people are stupid enough to pay 150k for it then that is their own fault I am sure that some other people would have farmed it and sold it for the price it was up there for. You cant blame them for out thinking the gil buyers and the people that have way to much gil. If you want to blame them you can blame crafters that jack prices as well or people that farm other items and jack the prices on that too.
#4 Sep 17 2007 at 1:27 PM Rating: Default
Vhailor where do you think you are... WallStreet? There is no SEC monitoring the markets here lol. If someone has found a way to manipulate the market to their favor then good job for them! We have had to put up with RMT doing this for so long its about time some real players get the same advantage. What you dont understand is often it takes multiple people working together so I doubt Stank is the only one.

By the way I have my own little control scheme going on for kicks. See if you can do some investigative reporting and discover what I am doing. Be warned I have irl family that plays and have access to 4 separate paid accounts to manipulate with.
#5 Sep 17 2007 at 6:48 PM Rating: Default
i didnt boost nuttin dont believe this guy hes just jealous he cant buy an earring
#6 Sep 17 2007 at 7:21 PM Rating: Good
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166 posts
The only one of these I'll respond to (Aviax and Giabra's are stupid enough to need no defense against) is Javolin.

I wasn't attempting to be the SEC, nor do I claim there is one. Notice I did not mention here whether or not they should be banned, punished, ostracized. I put up a warning poster, not a kill-on-site command. All I wish to do is offer another outlet for people to get useful information.

The one thing I would point out though, is that if the RMT did it for years, are you really wanting to claim it's a 'good' thing on forums? :P I don't think there are many respectable people praising RMT methods and activities under any circumstance.

And I clearly recognize it requires multiple people; I mentioned his partner in the thread as well. ^^
#7 Sep 18 2007 at 10:11 AM Rating: Decent
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6,631 posts
All I want to say,

Try not to do things that you do want others to do to you... That includes the Internet. No one is perfect, including myself with my angry and wrong moments. Intentionally doing harm and unwilling to admit that is wrong (even over the Internet!) is wrong.
____________________________
Amanada (Cerberus-Retired) (aka MaiNoKen/Steven)
-- Thank you for the fun times in Vana'diel

Art for the sake of art itself is an idle sentence.
Art for the sake of truth, for the sake of what is
beautiful and good — that is the creed I seek.
- George Sand

A designer knows he has achieved perfection,
not when there is nothing left to add,
but when there is nothing left to take away.
- Antoine de Saint-Exupéry
#8 Sep 18 2007 at 11:34 AM Rating: Default
I deeply apologize, Amanda. Please add me to your friend's list.
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