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Warning: RMT artificially raising prices on Bismarck

#1
User is offline   octoberasian 

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[red]** NOTICE: RMT artificially raising prices **[/red]

A friend of mine noticed a sharp increase in price on Emperor Hairpin in one day. The item went from 200,000 Gil to 800,000 Gil on May 6th. That's a 300% increase in one day.

Here's a screenshot of what happened according to FFXI AH website:



What the RMT are doing is this: They have one group sell the item and the other group buys it from them at a higher price. They did this to Scouter's Rope which saw a 200% increase and now sits near or at 300,000 Gil.

If you notice the player names, you can see easily who are the buyers and who are the sellers:



The buyers are the following:
    Rhemie
    Seifeg
    Masarol
    Zxaerut
    Badlgdr
    Kwontes
    Junloe
    Erelus
    Vagruo

The sellers are the following:
    Gangse
    Kioki
    Eowing
    Soncer
    Yumar
    Narua
    Rarah
    Venomous

They are selling and buying from each other to artificially raise prices on the following items:
    Utsusemi: Ichi
    Woodsman Ring
    Sniper's Ring
    Melody's Earring +1
    Scouter's Rope
    Emperor Hairpin
    Assault Earring
    Fuma Sune-ate



Post if anyone is noticing this on their servers as well. It looks like a new group of RMT are trying to repeat the inflation from a couple years ago by doing it themselves on a select number of items.

Hopefully the prices go back down. I, myself, will not take advantage of this, and it disgusts me that the RMT are doing this and any legitimate players doing this for greed.

I should probably buy a Dusk Gloves at 500k before it goes up, just in case the prices of other items go up as well.
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#2
User is offline   rambus 

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SE needs to take control of thier game

takes 5 years and still don't get it right? how can you be that slow
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#3
User is offline   Jaybar 

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Because they don't control the Economy. It is completely player based. SE can't do anything about this unless they take the free-market away from players.

This economy could use a boost, but there's not enough gil in circulation. Abrupt and destructive deflation along with mass bannings of RMT ARE NOT coincidence, they are cause and effect:

When people have gil, they will spend a certain percentage of it. Take away RMT and gilbuyers and you have yourself a spiraling downward economy. The economy was well off before Winter Inflation of '06. You can also take into account all the gil stripped from the servers having an adverse effect on the economy.



The only way players are going to benefit from this is if they see this start to happen and steal from the RMT, seeing as a regular player might not spend 300% more on an item. But probably within 4 more sales of the Pin, the RMT will stop and let the players fuck with themselves (which is where the real greed comes in).
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#4
User is offline   rambus 

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Because they don't control the Economy. It is completely player based. SE can't do anything about this unless they take the free-market away from players.


http://dictionary.reference.com/browse/control
1. to exercise restraint or direction over; dominate; command.

I disagree that SE has no control over the economy, they do stear it and every action they do influces it. hence :

This economy could use a boost, but there's not enough gil in circulation. Abrupt and destructive deflation along with mass bannings of RMT ARE NOT coincidence, they are cause and effect:


SE also controlls what prices are of things by having a direct control over drop rates of stuff. look at Raise III, AM spells, stonaga II, dragon talons, dark spirit and so forth. the "price" and "vaule" of such things went down drastically though of making a lot of difference sources for the drop.

do you have any idea how much the wisket market crashed because of them putting dragon tallons on that ISNM?

they CLAM to have no infulance when it is apparent to me they do.
saying they have no control to me is like you belave SE propaganda, i do not.

The only way players are going to benefit from this is if they see this start to happen and steal from the RMT, seeing as a regular player might not spend 300% more on an item. But probably within 4 more sales of the Pin, the RMT will stop and let the players fuck with themselves (which is where the real greed comes in)


though a flaw of general human nature you are saying RMT are trying to control the game more then SE them selfs? and why does the game maker allow this?
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#5
User is offline   Flapalaculas 

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It's not only those items, it's almost every rare item that isn't overly expensive. And it's not that group only. This has been going for a while now.
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#6
User is offline   OutlawX 

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It's been going on for a long time, we saw this happen with brown belt, snipers rings, woodsman rings, the solution to me would avoid ah when they crank prices like that, if you can bcnm/ksnm or get the drop by camping the nm, try that, fuck these punk ass RMT's, just got to make it to where they have no business, it can work but of course theres always someone out there that wont try to get an item that way.

SE does need to step up their RMT control a bit better though, they ban and ban and ban yet they are still around, thing i dont get is if se keeps taking billions of gil away from them how the hell do they keep coming up with so much, its hard to make millions anymore hell i used to be able to pull 2mil a day with my crafting, be lucky to break 100k doing the same thing now the way things are.

People that overpay for a item like that, fund the rmt's some more and make it harder for the rest of us to buy an item when we need it, the more $ you fund them with, the more pull they have to fuck with everything else on the ah, try to keep that in mind before buying anything that has a price hike of a few 100k.

In the end it's all up to us to bankrupt these RMT trash and put them out of business, i guess that ill say that, if the item is not worth a price to you, go camp it if its a nm drop, sure it takes time but the pay off in the end will make you smile knowing you didnt fund a RMT crew to get it, well i guess ill leave it at that, remember just say no to RMT!

Mr.X
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#7
User is offline   rambus 

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take all the botters and RMT when you go back plz
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#8
User is offline   Lorty 

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people could protest the ah Oo?
probably not going to happen >_>
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#9
User is offline   Rinako 

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Fuma Kyahan went from like 200k to nearly 600k also :3
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#10
User is offline   licid 

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Whats wrong with that? Not only RMT do it...I do it also....I take like 2 million gil for example...buy all the tree saplings then relist them for +20k each..and make tons of gil...its really easy..you guys should try it.

Its called buy low sell high. Welcome to MMORPG Stock market. I can turn 1M gil into 1.5M gil just on the AH alone. As long as you have suckers/impatient buyers, you will always make profit. Of course you will need several mules...the best thing is to name your mule Sxdfisdd so people can blame the RMT...its too funny...

Well I do hope this helps some of you with your money problems. For more investment tips, just ask I will be responding to your questions.
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#11
User is offline   Rinako 

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<- doesn't care if people do it

I liked the economy when SH was 13mil better then what it is now anyway.
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#12
User is offline   Spanner 

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Pff. Who cares if folks try to fix prices in this way? Items are as cheap as they are for a reason: the current economy is not robust enough to support a higher price on those items. Unless you buy gil, it's simply TOO MUCH WORK to build up the gil to pay for the items at the boosted price, and so most people simply won't buy it at all. When groups get together to boost a price like this, they might manage to get a few people with more money than sense to overpay for the item, but they'll run out of customers very quickly. Afterwards, the item will start piling up at the auction house, and if they don't start lowing the price then the AH fees are going to cost them whatever profits they made from the rich idiots.

There is no item in the game that there is no alternative for. Certainly, some items are the best they are at what they do, but if the price is just too high a player will go for second best. When a player or group of players attempts to control the market on an item to increase its price, they might succeed for a little while, but eventually they'll either have to let the price go back to normal, or lose whatever profits they made to failed attempts to continue selling to a disinterested market.
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#13
User is offline   licid 

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Spanner :
Pff. Who cares if folks try to fix prices in this way? Items are as cheap as they are for a reason: the current economy is not robust enough to support a higher price on those items. Unless you buy gil, it's simply TOO MUCH WORK to build up the gil to pay for the items at the boosted price, and so most people simply won't buy it at all. When groups get together to boost a price like this, they might manage to get a few people with more money than sense to overpay for the item, but they'll run out of customers very quickly. Afterwards, the item will start piling up at the auction house, and if they don't start lowing the price then the AH fees are going to cost them whatever profits they made from the rich idiots.

There is no item in the game that there is no alternative for. Certainly, some items are the best they are at what they do, but if the price is just too high a player will go for second best. When a player or group of players attempts to control the market on an item to increase its price, they might succeed for a little while, but eventually they'll either have to let the price go back to normal, or lose whatever profits they made to failed attempts to continue selling to a disinterested market.


Are you kidding me?! You know how many people I've had buy items that were 20k one day and the next day its 100k and still sells the same...people are puppets..they buy it at what the history says. I have millions of gil proving you wrong...
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#14
User is offline   octoberasian 

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How I love thee SE:
    If a character using the auction house is confirmed to be involved in RMT, the account will be swiftly dealt with. However, just as mentioned above in regards to suspicious groups leveling up, raising the prices of items at an auction house is not a violation of the user agreement and, as such, we have no plans to take any action against such players."


Source: http://www.playonline.com/pcd/topics/ff11u...276/detail.html

So, pretty much, we're all fucked.

They can't and won't do anything unless said sellers and buyers are confirmed to be involved in RMT activity. Wow, they are so blind.

Thanks.
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#15
User is offline   Jaybar 

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NA did the same thing during Inflation, even though they had no RMT background. It's a sad sad thing.

At least it's making some BCNMs worthwhile again?
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#16
User is offline   OutlawX 

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octoberasian :
How I love thee SE:
    If a character using the auction house is confirmed to be involved in RMT, the account will be swiftly dealt with. However, just as mentioned above in regards to suspicious groups leveling up, raising the prices of items at an auction house is not a violation of the user agreement and, as such, we have no plans to take any action against such players."


Source: http://www.playonline.com/pcd/topics/ff11u...276/detail.html

So, pretty much, we're all fucked.

They can't and won't do anything unless said sellers and buyers are confirmed to be involved in RMT activity. Wow, they are so blind.

Thanks.


Well we could just get everyone we know one of these.


Or otherwise....

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