Naturally I was curious what was going on.
Did Hageken actually become the largest hub in the region overnight?
Did it have anything to do with the new Customs Offices and/or PI market manipulation?
Did someone buyout a bunch of stuff on the station and relist it for 10x more?
Or what?
After spending a few minutes going through the evemarketdata list I found a single item listed as "Unknown Type" priced for "sale" at 150 billion ISK.
That explains it. Hageken didn't suddenly become the largest hub in Lonetrek overnight. It's probably just one of the new items extremely overpriced at 1000 times or more over it's real value. Maybe a Stratios he's hoping someone who actually has 150 billion in cash on a single character (I don't) will misread and think is priced at 150 million?
There is someone in Lonetrek who likes pricing a lot of things at 10-100 times the usual going rate. For example he really likes posting stacks of Connections (Security, Mining and Distribution) books on Sobaseki for 290-300 million each which is roughly 10x the usual going rate in sell orders.
Or maybe it was just an expensive mistake, the posting fee was probably a billion or more (1.125 billion at 0.75%).
A quick update on the PLEX market venture, here's one day's worth of business.
It was a pretty good day for buying PLEX. I bought another 10 the next day too.
Love the market blog, still can't believe you have the patience to do the plex trading, i only found it worthwhile when I could devote serious screen time. Would love to have you guest post to mine sometime
ReplyDeleteAnd I know you always say markets follow the plex, but I prefer to think of it when people start putting PI materials and extended cargoholds up. Thats when people start to set up roots imo
PLEX trading is less work than my usual routine. It does take patience, but by that I mean having the patience to wait for orders to fill and NOT spend a lot of time updating orders.
DeleteAll I really meant by that is when a PLEX sells someone just got over half a billion ISK and that's often an indicator he's going to spend a lot of it soon. Especially when the PLEX was sold to a buy order, that usually means it was bought with real money specifically to turn into ISK he could buy something else with.
I actually just found your blog now. Looks good, added it to my bloglist.
Delete