Okay.... how do they DO this?

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PlayPal
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Okay.... how do they DO this?

Post by PlayPal » Mon Aug 19, 2002 2:51 pm

I am sitting here trying to figure it all out, newbie that I am... ;)
But going on all these auction site postings and seeing:

100K Plat for $500.

50K Plat for $262. . .etc.

Over and over and over by the same mega-auctioneers.

Alright, I give. WHAT is their secret for having all this Plat lying around?
Do they have 5 workstations set up with different EQ Accounts all running MacroQuest (shameless plug) and scripting the latest Plat-Making exploits?

How do these uber-plat sellers make all this EQ virtual dough for Sale to others? And yes, I bought some of it so I know it isn't a scam. ;P

Play with a Pal.

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Post by Madman » Mon Aug 19, 2002 4:27 pm

wow you actually bought some to kool thats the real way to make the money. Actually just farm the mammys in everfrost. with good faction in halas you can easily make anywhere from 9-11 pp per tusk thats how i bought my wurmslayer. A ranger can solo them very early in the game with there animal fear spell and snare

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Post by Zaviar » Mon Aug 19, 2002 5:37 pm

uhhh....... here are some numbers.

5 computers, 3 windows each, 10k+ an hour.

That equals 3,600,000pp a day on the server you are running it on.

Or if you use it on different servers, which most do if they sell it so they don't gotta wait forever to sell it, 240,000pp on 15 different servers.

That is about $3,600 is you sell $10 per 10k, which is WAY under normal. Normal is $50-90 per 10k, depending ons erver.


Zav

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Ok...

Post by Goober » Mon Aug 19, 2002 9:22 pm

I know that's not how it's done... Most of the people selling high volume platinum are buying it low, selling it high. Or they buy and account and strip it, then sell the gear for pp and the pp for money... There are probably a few that do what Zav said but I'm sure they would get caught and banned with that volume of platinum coming in... (I know for a fact that the GM's can and will come talk to you if you've got that much platinum coming in, I've seen them talking to some high end sellers on my server.)

Goober

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Post by Zaviar » Mon Aug 19, 2002 10:48 pm

If you get banned, you use another cd key and make a new account.
I give plat to friends to store for me, usually about 150k max per person I have store plat for me, you can easily move plat to people like mysupersales for $35 in volumes at 1mill or so.


Zav

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Post by Everguide » Tue Aug 20, 2002 11:18 am

Zaviar is correct... when you could make a lot of money with cheese I set up 3 computers and would run them all overnight :) Then www.playerauctions.com or if you contact Yantis at www.mysupersales.com

Very easy to make LOTS of cash....but since cheese is a lil messed up and I no longer have DSL I am still looking for skull :)

I will find it someday....I just hope it is not nerfed by the time I find it.

Only problem with this is the price of PP keeps going down and down and down :(

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k

Post by Everguide » Tue Aug 20, 2002 11:18 am

doublepost
Last edited by Everguide on Tue Aug 20, 2002 11:26 am, edited 1 time in total.

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K

Post by Everguide » Tue Aug 20, 2002 11:21 am

Zaviar is correct... when you could make a lot of money with cheese I set up 3 computers and would run them all overnight :) Then www.playerauctions.com or if you contact Yantis at www.mysupersales.com

Very easy to make LOTS of cash....but since cheese is a lil messed up and I no longer have DSL I am still looking for skull :)

I will find it someday....I just hope it is not nerfed by the time I find it.

Only problem with this is the price of PP keeps going down and down and down :(

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Post by PlayPal » Tue Aug 20, 2002 5:10 pm

Everguide wrote:Only problem with this is the price of PP keeps going down and down and down :(
If that is so, it is only because of Supply and Demand, as usual. Too many making Plat for Sale, and not enough Buying it.

But on our Server, it is actually going up.

Used to be $55 for 10,000. Now a few want $20 for 2000. Ugh. Highway robbery. hehe. But they are looking for the quick and dirty Buyer.
Me? Only would consider in lots of 100K. That is usually $500.

And yes, I can hear a few of you going, "Oh Gawd.. who needs THAT much." Hey, lemme tell you. It gets used up very fast. ;P

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Post by Philodox » Wed Sep 25, 2002 4:17 am

OK, let's go through this at a steady pace:

1) You don't need 5 PC's running 24/7. With just one you can garner 18 to 50K an hour with ease. 18K if you are lazy and mooch off your friends and can get 50K if you can cut out the BS and don't mind using a hack or two. Let's say, though, that you run a 3K/hour macro while you're doing chores, cooking dinner, putting the kids to bed you'd have a 10K auction a day. If MQ goes the way of the covered wagon, still, who cares? With a moderate plat base (say 500K) and the bazaar you can buy low, sell high in such gross quantities is sickening. If I had $100 for every fungi/RBB/CoF/Insert_Trendy_Uber_Item_here I bought low and sold for a 20K profit I'd...well I DO come to think of it.

2) You never run on the same server ad nauseum. Get three or four accoutns and have PP mules on every server with 300K saved up. Watch for there to be no PP auctions up or the aucitons that are up are higher than your predetermined price of plat (PPP from now on, I hate typing).

3) "You'll flood the market and plat will have no value" and all other similar theories. It doesn't work that way junior. This isn't Enron and we don't have fair trade practices to abide by. I have a PPP that I will FORCE everyone to buy at. Let's say I want to sell plat at $50 per 10K PP. All I have to do is keep all of my aucitons at this price and BUY or BID UP every auction below this price. If I win I just resell what I buy and make a profit or if I loose the price of the plat of the other's auction is equal to or greater than what I am selling it for. Voila. The price of PP can and has been determined by those who sell it for a long, long time.

4) "I don't like what you're doing so I won't buy from you" and other such ideas. P. T. Barnum was a genious. If a customer leaves there are 2 that will take his place. Yes the market is that strong. Customers don't leave though, they stay and come back for more if you work with them. Deliver fast, don't charge too much and always be clear in your communications. I'd say 80% of my business is return customers, "Hey, I bought 20K from you last year, what is your price for another 20/50/100K".

5) "You'll get caught, GM's are watching, blah, blah, blah". Think about what a GM is going to look for and don't do it. The average GM has the intelligence of my computer desk. Really, remember that time you petitioned about your Cloak of Flames disappearing and they said they'd reimburse you with a GM_Summoned_Fine_Steel_Dagger? Yeah.... If you can't outsmart them I feel violated that you took the time to read this whole thing.

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Post by Domosan » Wed Sep 25, 2002 5:53 am

Well, my goodness...you certainly are smug.

Supply and demand (i.e. flooding the market) is a universal truth. The fact that you used an example related to supply and demand (when you stated that you would just buy up/bid up others PP) shows that flooding the market lowers the value. If it didn't, then you would have no need to buy up the market. When you buy up/bid up, one of two things happens:
a) You buy it and thus supply falls, keeping the price where you want it.
b) You bid it up, thus increasing the perceived demand of pp.

No, the market is not that strong for players of EQ to buy equipment/plat with RL money. For every 100 players there will be 1-3 players who are willing/have the ability to spend RL cash on the game. Most players are younger children who rely on mom & dad to buy them the expansions, etc. This does not lend itself to a sellers market. Which is evident by the sheer number of auctions on playerauctions.com that have "0" for the number of bids.

You are no smarter than the average GM. GMs know what they are doing, they just have boundaries and limits to what they are allowed to do. It does not, in any way, reflect upon their intelligence. Implying so is just insulting and childish.

If you are going to make your first post on here full of arrogance, at least be intelligent as well. Making a post like this berating others perceptions is...well, lame. You could have made the entire post educational rather than condescending and I wouldn't have felt the need to correct all your blatant errors.

Domosan

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Post by Philodox » Wed Sep 25, 2002 7:03 am

Not smug, just trying to point out how easy it is as the first person asked how it is possible to sell so much plat time and time again. Supply/demand is exactly why plat doesn't loose value in EQ. The fact that I can force it to be bought at a certain price and the vast majority of players are destroying plat (via buying vendor items for reagents, tradeskilling, etc) is why the price will not decline.

Yes, the market IS that strong else there wouldn't be a PA.com. See your supply/demand talk.

GM point, well made!

My post wasn't an arrogant blast as you have perceived it, just an insight into how it can, and frequently is done.

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Post by Xaanin » Wed Sep 25, 2002 7:19 am

Philodox wrote:Not smug, just trying to point out how easy it is as the first person asked how it is possible to sell so much plat time and time again. Supply/demand is exactly why plat doesn't loose value in EQ. The fact that I can force it to be bought at a certain price and the vast majority of players are destroying plat (via buying vendor items for reagents, tradeskilling, etc) is why the price will not decline.

Yes, the market IS that strong else there wouldn't be a PA.com. See your supply/demand talk.

GM point, well made!

My post wasn't an arrogant blast as you have perceived it, just an insight into how it can, and frequently is done.
While you might want to think different, the price of platinum has gone down lately. On my server there's about 500k for sale at $45 per 10k and no one buys it. I remember when it was $20 per 1k, those were the good days =)

Sadly, the market isn't that strong, it can consume a lot of platinum yes, but when it reaches a certain amount everyone will have all the plat they want. There is enough demand for there to be a market, but not enough demand to buy everything everyone wants to sell..

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Post by Domosan » Wed Sep 25, 2002 7:50 am

The main problem is that the plat doesn't leave...money changes hands, but it is still in the system, unless it goes to vendors or the like, it is still in the system inflating prices of items.

Domo

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Post by Kaidwen » Wed Sep 25, 2002 3:36 pm

Everguide....

Skull Ale is fake.
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