You probably got the news before I did, but, in case you didn't... I think these are some important changes coming down the pipeline towards us!
http://www.entropiauniverse.com/bulletin/buzz/2014/11/12/Developer-Notes--10---Galactic-Transport.xml
Goldbarons Coin Rings
Handcrafted High Quality Jewelry Starting at $20
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Thursday, November 13, 2014
Friday, November 7, 2014
SCAMS TO WATCH FOR in 2014
Be very careful when buying items on AH:
I just noticed people listing Ark underground deeds for similar pricing to the caly CLD's. This means if you were to sort by price and just go along and buy them up you might not notice until it is too late. Just because you pay 1300 peds too much for something doesn't mean you are going to get your investment back no matter what you do.
Also, seems a lot more people trying to sell burned out L items on AH that are unusable condition. Always make sure that it has a usable amount of TT value on the item before you buy it. And also take into account that the markup you pay is also markup on the unusable portion of the item.
I just noticed people listing Ark underground deeds for similar pricing to the caly CLD's. This means if you were to sort by price and just go along and buy them up you might not notice until it is too late. Just because you pay 1300 peds too much for something doesn't mean you are going to get your investment back no matter what you do.
Also, seems a lot more people trying to sell burned out L items on AH that are unusable condition. Always make sure that it has a usable amount of TT value on the item before you buy it. And also take into account that the markup you pay is also markup on the unusable portion of the item.
Mining Quests: Quick and easy skilling!!!
I don't know how many of you are unaware of the challenges available for miners. But, you can obtain them from an NPC at Cape Corinth. Iron, Lyst, Zinc are the three I can remember off the top of my head but there are a couple others available too. Blausriam is the fourth one I believe, and just maybe belkar is the fifth. Every so many points worth of mining claims you can collect free Prospecting or Mining skills. The rewards get sizeable as you progress, and yes, mining progresses very slowly if you are trying to skill up in it, so you might as well get yourself involved with these quests. Why leave free goodies on the table when they are for things you do anyways?
Lysterium: Rich deposits of lysterium are present on Atlantis Archipelago.
Belkar: I don't remember if it is a mining challenge or not but it is a daily challenge mineral, so, best bet for belkar is around wolverine hope.
Iron: North of Ithaca just avoid the troxies.
Zinc: This has been a tough one for me lately, when I go to find zinc I tend to come back with langotz, I know, what a compromise aint it. Well, best zinc lately is around new Switzerland in the LA. I stick to the one that doesn't have any mobs.
Blausariam: Indeed is one of the challenges. You can find it in abundance in the LA to the southwest of akmuul, and shinook river also carries it to some degree.
Lysterium: Rich deposits of lysterium are present on Atlantis Archipelago.
Belkar: I don't remember if it is a mining challenge or not but it is a daily challenge mineral, so, best bet for belkar is around wolverine hope.
Iron: North of Ithaca just avoid the troxies.
Zinc: This has been a tough one for me lately, when I go to find zinc I tend to come back with langotz, I know, what a compromise aint it. Well, best zinc lately is around new Switzerland in the LA. I stick to the one that doesn't have any mobs.
Blausariam: Indeed is one of the challenges. You can find it in abundance in the LA to the southwest of akmuul, and shinook river also carries it to some degree.
Advertising Opportunity on This Blog
This blog has been successful with advertising. Many visitors each month ranging from 2000 to 4000 on average. I am willing to sell banner ads for whatever you wish to advertise. You can PM me in game with your terms and offer: How long you want your ad run and how many peds you will pay to have it put up. Yes, space on a high traffic site is real estate. If no one wants to use it, I am happy to continue using it for myself. But, I just wanted to see if anyone could use an opportunity to market something to my audience. If anyone is interested in having some advertising ran on this blog, please message goldbaron goldbaron357 maximus in game.
If someone has uber items to sell... I may consider putting up a Classified Ad post on here that I would update every so often with items for sale, by who, and for how much. This would be a free service, but ped and paypal donations would be graciously accepted for successful sales generated by this blog.
If someone has uber items to sell... I may consider putting up a Classified Ad post on here that I would update every so often with items for sale, by who, and for how much. This would be a free service, but ped and paypal donations would be graciously accepted for successful sales generated by this blog.
The Auction Trap: How not to screw yourself and the economy over!
It has come to my attention, that there are those of you who are unfamiliar with how an economy functions. Prices are collapsing on things that should not become TT food and I am going to do my best to help you prevent that from happening.
It wouldn't be so bad if supply and demand were strictly what was governing the auctions on Entropia... Well... So some degree, I guess it is. But there is something you need to know and realize:
It isn't just Entropia that is having a sluggish auction. eBay is functioning just as badly as Entropia right now. You can list hundreds of items and if one or two sell you are lucky... And it isn't just at market prices, it's even if you slash your prices.
You see... If no one is buying what you are selling, you won't sell it for any price. There is a grave mistake being made in thinking if you price something low enough it will sell quickly. That is clearly not happening. Molisk teeth and buttons have suffered a full 100% slide in the last week or two since Halloween Mayhem started. Why? There just aren't many people using them right now, but all of you molisk grinders are desperate to sell your teeth because loot is so bad. So, what do you do? You post yours for 20 points under the going rate, or even 50 points. The next guy desperate to sell his does the same, pricing below yours which is already ridiculously low. Now, we have the reverse of a bidding war. At some point, yes, people who normally use a bunch of them will start buying them up for peanuts maybe.. But that is a big maybe.
It is ok to undercut the competition by a ped or two or a few percent. But it is reckless to undercut it by a ridiculous margin trying to force a sale. Just accept the fact that if no one needs what you are selling, it isn't going to sell. There are more people after a quick ped, than there are people willing to speculate or gamble on buying cheap stuff to resell later. Why do you think traders like giving 150% for molisk teeth? Because they know even at 200% they will make something on them.
It will take just as long to sell your goods at the lowest price on AH as it will to sell at a ridiculously lowest price on AH. Markup is THE ONLY way you are going to come out ahead in EU. Well... There's a bit more to it than that, but I can't tell you much. Just know that if you can do everything in EU at TT costs, you are probably going to do great in the long run. And yes, after 8 years in the game you learn a few things. And if I were going to share the details it would be in a guide and it would cost you a few bucks, afterall, it takes money to make money.
Just understand that the auction isn't what it used to be. Just like eBay isn't what it used to be. Those people who paid 100's of thousands of dollars for a grilled cheese sandwhich with the virgin mary on it aren't around any more. Those ridiculous things that used to sell all the time don't sell any more. Entropia, is having much the same problem. Ubers are getting pinched by loot, and when the hofs are only about as big as the cost to kill a mob it comes from, you know it's only a matter of time until everyone is in the same boat.
If you are going to sell cheap and quick, filling orders will do more for you than wholesaling what you have to sell on the open auction, and it won't destroy the markup so badly.
It wouldn't be so bad if supply and demand were strictly what was governing the auctions on Entropia... Well... So some degree, I guess it is. But there is something you need to know and realize:
It isn't just Entropia that is having a sluggish auction. eBay is functioning just as badly as Entropia right now. You can list hundreds of items and if one or two sell you are lucky... And it isn't just at market prices, it's even if you slash your prices.
You see... If no one is buying what you are selling, you won't sell it for any price. There is a grave mistake being made in thinking if you price something low enough it will sell quickly. That is clearly not happening. Molisk teeth and buttons have suffered a full 100% slide in the last week or two since Halloween Mayhem started. Why? There just aren't many people using them right now, but all of you molisk grinders are desperate to sell your teeth because loot is so bad. So, what do you do? You post yours for 20 points under the going rate, or even 50 points. The next guy desperate to sell his does the same, pricing below yours which is already ridiculously low. Now, we have the reverse of a bidding war. At some point, yes, people who normally use a bunch of them will start buying them up for peanuts maybe.. But that is a big maybe.
It is ok to undercut the competition by a ped or two or a few percent. But it is reckless to undercut it by a ridiculous margin trying to force a sale. Just accept the fact that if no one needs what you are selling, it isn't going to sell. There are more people after a quick ped, than there are people willing to speculate or gamble on buying cheap stuff to resell later. Why do you think traders like giving 150% for molisk teeth? Because they know even at 200% they will make something on them.
It will take just as long to sell your goods at the lowest price on AH as it will to sell at a ridiculously lowest price on AH. Markup is THE ONLY way you are going to come out ahead in EU. Well... There's a bit more to it than that, but I can't tell you much. Just know that if you can do everything in EU at TT costs, you are probably going to do great in the long run. And yes, after 8 years in the game you learn a few things. And if I were going to share the details it would be in a guide and it would cost you a few bucks, afterall, it takes money to make money.
Just understand that the auction isn't what it used to be. Just like eBay isn't what it used to be. Those people who paid 100's of thousands of dollars for a grilled cheese sandwhich with the virgin mary on it aren't around any more. Those ridiculous things that used to sell all the time don't sell any more. Entropia, is having much the same problem. Ubers are getting pinched by loot, and when the hofs are only about as big as the cost to kill a mob it comes from, you know it's only a matter of time until everyone is in the same boat.
If you are going to sell cheap and quick, filling orders will do more for you than wholesaling what you have to sell on the open auction, and it won't destroy the markup so badly.
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