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.