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.
Showing posts with label opportunity. Show all posts
Showing posts with label opportunity. Show all posts
Friday, November 7, 2014
Monday, June 16, 2014
ARK DEEDS: Paltry Returns or Serious Considerations? A Fresh Look.
Well... I see my 1 pec per day per deed revenue and think wow, thats sad. But... You know what? In the real world, 5% per year is the magic number. If you compound it, and add to it a reasonable amount each month, in 10 to 20 years you will be wealthy. Of course the limited number of deeds available would eventually put a price squeeze on the deeds maybe negating some of the compounding effect...
What I see right now:
Ark deeds are paying about 7.5% to 8% per year in dividends if all things remain the same as they have been the past few days. The past few days I've gotten a pec a day per deed.
I bought my deeds at 47 ped each on caly auction.
There are say 365 days a year more or less.
This means a deed is expected to yield 3.65 peds a year.
If you divide 36.5 cents by $4.70 you end up with 7.76% interest per year.
If they would run big events like that big gold rush event they had a while back, then yeah, you bet we could see even better numbers.
The point here is, if you took the same money and put it in your savings account at a bank, you MIGHT get half a percent per year on your savings. Inflation is up around 3 to 5% in any given year if not more. That is the hidden tax we pay due to our governments forcing us into fiat money. If you can't beat the rate of inflation your savings are LOSING you money. This is why metals are favored as investments in the real world.
No one knows the long term state Entropia will be in. But as long as land owners aren't in a hurry to sell off their estates for any amount of money they can get. As long as the price of CLD's and Ark deeds isn't crashing near zero.. I think in the end these are the indicators as to whether or not Entropia will survive. Those at the top will find out first and if you start seeing EVERYTHING going up for sale at any price, you know the game is doomed. Despite all the "chicken little" predictions that the "sky is falling", I don't see it happening. Too many people have too much to lose if entropia goes under. A lot of money in the game is pretty much in the hands of scammers to be honest with you. The interesting thing about a casino, or a non casino but real cash economy like Entropia, if I show you two dollars, can you tell me which one is honest and which one is dishonest? I suspect those who have in the past perhaps even laundered money through Entropia, I am sure it must happen, would not let such a mechanism as Entropia go away. Somehow there will always be a big enough influx of deposits to save the company.
I will say I do not believe it is being run sustainably right now. MA needs to take a lesson in running a business. Seriously, the CEO needs to have a meeting with Donald Trump and learn how to REALLY run a business, and how to REALLY treat your customers. If all the casinos in Vegas operated the way MindArk does, the whole city would have dried up and blown away by now. When I was a noob, it only took a year or two for loot to really get to averaging out good. Now, it's taking years for the loot to average out to anything meaningful. Instead of the 1K to 2K clicks it once took to have a nice average crafting return, it now takes 10K to 100K clicks to get that same average. If you quit before it averages you've lost everything. If you keep going til you do get it to average out, you could go bankrupt. It is simply too high variance for it to keep players happy.
Yes I got sidetracked... But ok.. I just don't want to see Entropia shutting down, and I hope enough people will continue putting pressure on MindArk to get them to see what they need to do to make it more sustainable so that people WILL be more secure about depositing larger sums into the game.
So, are the deeds worth getting or not? If you get them cheaply enough, and you aren't hurting for peds or cash, then yes, it is better than a savings account. But, the ROI isn't as high as it should be to offset the degree of risk involved. I expect this to change over time, hopefully for the better. The thing is, if you have faith that things will improve, then we are on the ground floor right now. If you think this is the beginning of the end, well, there you have it.
I think back to the good old days when the asteroid was CND. I fully expected Rocktropia to do as well as the asteroid did, because it had seemed Neverdie was better at managing things than Mindark ever was. Of course it seems Mindark loves tying the hands of it's planet partners. This brings me back to an earlier argument, that Mindark is trying to do with the Soviet Union failed to do: centrally plan the entire economy. The loot distributions, what the planet partners can do, is all centrally planned by Mindark. If the game was ran honestly an sustainably, it shouldn't need much central planning at all. They just are not transparent enough for us to know exactly how honest and fair everything is. But the point is, in a leap of faith, I set out to craft every warbond I possibly could firmly believing they would turn into something down the road. I figured I was seeing around the curve. Now who knows... But what I do know is 1. I have made more crafting them than I invested in the mats to make them including all the failed attempts and 2. Not only do I own the Entropialife page on warbonds, but I have many hundreds of peds TT value of them stockpiled waiting for that day that may never come. Even if they turn out to be nothing, I still made peds on them. If I were to TT them all, I guarantee in a few months plans for them would be rolled out. That is how bad my luck is. So I will hang onto them indefinitely. It's like buying penny stocks. You only need one of them to make it and you've got it made.
I hope I've been of some help to all of you. I just wanted to dispell the myth that Ark deeds aren't doing much.
What I see right now:
Ark deeds are paying about 7.5% to 8% per year in dividends if all things remain the same as they have been the past few days. The past few days I've gotten a pec a day per deed.
I bought my deeds at 47 ped each on caly auction.
There are say 365 days a year more or less.
This means a deed is expected to yield 3.65 peds a year.
If you divide 36.5 cents by $4.70 you end up with 7.76% interest per year.
If they would run big events like that big gold rush event they had a while back, then yeah, you bet we could see even better numbers.
The point here is, if you took the same money and put it in your savings account at a bank, you MIGHT get half a percent per year on your savings. Inflation is up around 3 to 5% in any given year if not more. That is the hidden tax we pay due to our governments forcing us into fiat money. If you can't beat the rate of inflation your savings are LOSING you money. This is why metals are favored as investments in the real world.
No one knows the long term state Entropia will be in. But as long as land owners aren't in a hurry to sell off their estates for any amount of money they can get. As long as the price of CLD's and Ark deeds isn't crashing near zero.. I think in the end these are the indicators as to whether or not Entropia will survive. Those at the top will find out first and if you start seeing EVERYTHING going up for sale at any price, you know the game is doomed. Despite all the "chicken little" predictions that the "sky is falling", I don't see it happening. Too many people have too much to lose if entropia goes under. A lot of money in the game is pretty much in the hands of scammers to be honest with you. The interesting thing about a casino, or a non casino but real cash economy like Entropia, if I show you two dollars, can you tell me which one is honest and which one is dishonest? I suspect those who have in the past perhaps even laundered money through Entropia, I am sure it must happen, would not let such a mechanism as Entropia go away. Somehow there will always be a big enough influx of deposits to save the company.
I will say I do not believe it is being run sustainably right now. MA needs to take a lesson in running a business. Seriously, the CEO needs to have a meeting with Donald Trump and learn how to REALLY run a business, and how to REALLY treat your customers. If all the casinos in Vegas operated the way MindArk does, the whole city would have dried up and blown away by now. When I was a noob, it only took a year or two for loot to really get to averaging out good. Now, it's taking years for the loot to average out to anything meaningful. Instead of the 1K to 2K clicks it once took to have a nice average crafting return, it now takes 10K to 100K clicks to get that same average. If you quit before it averages you've lost everything. If you keep going til you do get it to average out, you could go bankrupt. It is simply too high variance for it to keep players happy.
Yes I got sidetracked... But ok.. I just don't want to see Entropia shutting down, and I hope enough people will continue putting pressure on MindArk to get them to see what they need to do to make it more sustainable so that people WILL be more secure about depositing larger sums into the game.
So, are the deeds worth getting or not? If you get them cheaply enough, and you aren't hurting for peds or cash, then yes, it is better than a savings account. But, the ROI isn't as high as it should be to offset the degree of risk involved. I expect this to change over time, hopefully for the better. The thing is, if you have faith that things will improve, then we are on the ground floor right now. If you think this is the beginning of the end, well, there you have it.
I think back to the good old days when the asteroid was CND. I fully expected Rocktropia to do as well as the asteroid did, because it had seemed Neverdie was better at managing things than Mindark ever was. Of course it seems Mindark loves tying the hands of it's planet partners. This brings me back to an earlier argument, that Mindark is trying to do with the Soviet Union failed to do: centrally plan the entire economy. The loot distributions, what the planet partners can do, is all centrally planned by Mindark. If the game was ran honestly an sustainably, it shouldn't need much central planning at all. They just are not transparent enough for us to know exactly how honest and fair everything is. But the point is, in a leap of faith, I set out to craft every warbond I possibly could firmly believing they would turn into something down the road. I figured I was seeing around the curve. Now who knows... But what I do know is 1. I have made more crafting them than I invested in the mats to make them including all the failed attempts and 2. Not only do I own the Entropialife page on warbonds, but I have many hundreds of peds TT value of them stockpiled waiting for that day that may never come. Even if they turn out to be nothing, I still made peds on them. If I were to TT them all, I guarantee in a few months plans for them would be rolled out. That is how bad my luck is. So I will hang onto them indefinitely. It's like buying penny stocks. You only need one of them to make it and you've got it made.
I hope I've been of some help to all of you. I just wanted to dispell the myth that Ark deeds aren't doing much.
Wednesday, May 7, 2014
Real Life Trading Opportunities!
Many of you are excellent at trading in Entropia. I have joked in the past that some of you must be selling on eBay because there are actually coins and currency that once in a while sell BELOW face value! Crazy ain't it... This brings me to another point, if you are going to auction anything off for less than TT, just TT it :)
But ok... If you are making hundreds of dollars a month trading (I know it is doable to reach this level of trading profit, and in a few cases some of you may be making thousands, but that is a LOT of work), what do you do when all your peds are tied up in stuff and waiting to be sold at auction? Are you playing other MMO's? Potentially ones without a real cash economy?
Can you think of anything that you could buy very cheaply and sell at a high markup above what you paid? That is legal? :P
I try my best not to promote anything in my blog unless it works and directly helps my readers if you give it a try. This is not a system, this is not a get rich quick scheme. This is not multilevel marketing. This is honest old fashioned trading. Buying low selling high. It does not involve foreign currency, commodities, or stocks.
I tell all about this opportunity in "Philatelic Philosophy: Stamp Collecting Wisdom & Opportunity". I priced the book low, and it gives you the reasons why Stamps are a huge opportunity right now, and how it works.
I've learned to buy them for a mere couple percent of book value, and turn around and sell them almost instantly for 10% to 20% of book value, meaning 500% to 1000% gains! Depending on how lucky you are, you can even do better than that.
You don't have to focus on just US stamps... You can do this in any country in the world. Every country has stamps. Stamp collectors are a dying breed. Old collections go up for sale every day in all manners of ways, and there aren't enough buyers to drive the prices up on all the stamps that get sold every day. You can get in on the ground floor, with prices lower than they ever will be. It just takes time to find the bargains. I spend a couple hours a day searching the internet, and I generally find a few listings that are nothing but pure profit. I use the profits from stamps I sell to buy more stamps, and it literally grows on it's own.
Yes... I am wanting to sell copies of my book. That's the whole reason for promoting anything. But, there genuinely is a great opportunity and it is up to you if you want to look into it or miss out on it. I will not give away valuable information, I perhaps have already given away too much information for free in this post. But the how's the why's, and the what for's are all laid out in my book.
Anyone who buys my book is free to contact me in game and I will do my best to answer any questions and fill any gaps in what you need to know. And yes, I am pretty much able to know who has bought my book. I don't mind teaching others about this opportunity because it will only be here for so long, who knows how long prices will stay low and the market remain flooded. There are more stamps in the world than I can possibly buy, there are more bargains than I can possibly corner the market on. And each of you being in the part of your world you are in have unique opportunities to find offerings that I could never have a chance at finding. Estate sales, yardsales, craigslist, you name it.
Philatelic Philosophy is only $3.95 on Kindle. It is available on many other platforms as well, but I favor the kindle because it is easier to maintain a high quality when published. The paperback is available for $7.95 I think, from amazon.
It is a small investment to make so that you can learn what you need to know to be successful in a real life trading world.
But ok... If you are making hundreds of dollars a month trading (I know it is doable to reach this level of trading profit, and in a few cases some of you may be making thousands, but that is a LOT of work), what do you do when all your peds are tied up in stuff and waiting to be sold at auction? Are you playing other MMO's? Potentially ones without a real cash economy?
Can you think of anything that you could buy very cheaply and sell at a high markup above what you paid? That is legal? :P
I try my best not to promote anything in my blog unless it works and directly helps my readers if you give it a try. This is not a system, this is not a get rich quick scheme. This is not multilevel marketing. This is honest old fashioned trading. Buying low selling high. It does not involve foreign currency, commodities, or stocks.
I tell all about this opportunity in "Philatelic Philosophy: Stamp Collecting Wisdom & Opportunity". I priced the book low, and it gives you the reasons why Stamps are a huge opportunity right now, and how it works.
I've learned to buy them for a mere couple percent of book value, and turn around and sell them almost instantly for 10% to 20% of book value, meaning 500% to 1000% gains! Depending on how lucky you are, you can even do better than that.
You don't have to focus on just US stamps... You can do this in any country in the world. Every country has stamps. Stamp collectors are a dying breed. Old collections go up for sale every day in all manners of ways, and there aren't enough buyers to drive the prices up on all the stamps that get sold every day. You can get in on the ground floor, with prices lower than they ever will be. It just takes time to find the bargains. I spend a couple hours a day searching the internet, and I generally find a few listings that are nothing but pure profit. I use the profits from stamps I sell to buy more stamps, and it literally grows on it's own.
Yes... I am wanting to sell copies of my book. That's the whole reason for promoting anything. But, there genuinely is a great opportunity and it is up to you if you want to look into it or miss out on it. I will not give away valuable information, I perhaps have already given away too much information for free in this post. But the how's the why's, and the what for's are all laid out in my book.
Anyone who buys my book is free to contact me in game and I will do my best to answer any questions and fill any gaps in what you need to know. And yes, I am pretty much able to know who has bought my book. I don't mind teaching others about this opportunity because it will only be here for so long, who knows how long prices will stay low and the market remain flooded. There are more stamps in the world than I can possibly buy, there are more bargains than I can possibly corner the market on. And each of you being in the part of your world you are in have unique opportunities to find offerings that I could never have a chance at finding. Estate sales, yardsales, craigslist, you name it.
Philatelic Philosophy is only $3.95 on Kindle. It is available on many other platforms as well, but I favor the kindle because it is easier to maintain a high quality when published. The paperback is available for $7.95 I think, from amazon.
It is a small investment to make so that you can learn what you need to know to be successful in a real life trading world.
Tuesday, January 14, 2014
Entropia Partners PED earning opportunity!!!
You may have noticed the new banners I put up and the link at the top right of the blog. I had fellow Entropians asking me if I had used this site. I didn't... I was reluctant to. No reason in particular... I AM on dialup still, and I am reluctant to have to do anything bandwidth intensive, which with the advent of flash and java becoming bloatware on most sites, I am very selective in what I use my resources for. (This brings up another issue I need to blog about... How bandwidth affects your loot.)
It would seem the active entropians have joined entropia partners... Lots of good quality posts in the forum, and I don't see any whining or belly-aching in their forum like I have come to expect from the main official forum. I will be the first to admit most complaining tends to be justified, and several more issues I need to raise in my blog come to mind.
Well... In the forums present on the entropia partners site, is a section dedicated to members posting proof of their payments and earnings on the site. This ensures transparency and integrity. The people doing the payouts are volunteers who pay you in person on behalf of the site operator. Cashouts of up to 1K peds are documented.
This is a tremendous opportunity and the site has a lot of potential though it would seem it is in it's beginning phase. In time I would expect it will advance by leaps and bounds.
If you want to make some extra ped, and join a great community, I highly recommend Entropia Partners. You may click on the link or banners present in this blog to take you to their site.
Stay tuned for more great posts coming very shortly!!!
*** Update: I forgot to mention that you can also earn Second Life Lindens and EVE ISK's as well.
Some concerns have been expressed that some people haven't received their payouts, but I do not personally know a single person who has not received a payout from this outfit. If anyone has such a concern, I will do my best to investigate it.
It would seem the active entropians have joined entropia partners... Lots of good quality posts in the forum, and I don't see any whining or belly-aching in their forum like I have come to expect from the main official forum. I will be the first to admit most complaining tends to be justified, and several more issues I need to raise in my blog come to mind.
Well... In the forums present on the entropia partners site, is a section dedicated to members posting proof of their payments and earnings on the site. This ensures transparency and integrity. The people doing the payouts are volunteers who pay you in person on behalf of the site operator. Cashouts of up to 1K peds are documented.
This is a tremendous opportunity and the site has a lot of potential though it would seem it is in it's beginning phase. In time I would expect it will advance by leaps and bounds.
If you want to make some extra ped, and join a great community, I highly recommend Entropia Partners. You may click on the link or banners present in this blog to take you to their site.
Stay tuned for more great posts coming very shortly!!!
*** Update: I forgot to mention that you can also earn Second Life Lindens and EVE ISK's as well.
Some concerns have been expressed that some people haven't received their payouts, but I do not personally know a single person who has not received a payout from this outfit. If anyone has such a concern, I will do my best to investigate it.
Monday, January 23, 2012
New Planets, New Frontiers, New Opportunities
It was recounted to me a couple years ago how many of what we would now call "Ubers", the ones running around with 5 and 6 digits of markup on their weapons armor and other tools... Made their pile of Peds simply by having started early on, in the beginning of Entropia. It is unknown how many people are included in this group, but I often wonder when I see screenshots of hofs with astronomical ped balances... How'd they do it? Simple... A lot of what USED to be just every day cheap items, became scarce but highly desireable when the Entropia Universe took off and became more and more populated. There was a... Boom in markups and demand for things, especially weapons. I am told some players capitalized on this drastic rise in prices that occured many years ago already.
It was probably 2009 when I was told of this. The source of the information came from a player who himself had done this, taken advantage of common things becoming uncommon and valuable. It is quite possible that same person may actually read this and maybe not remember having talked to me about it... But I want to open everyones eyes to the future. NOW is the furthest back in time we will ever be. How's that for something to ponder?
Right now we are seeing infant worlds, much how Calypso started out to be sure... Except there is a huge difference. Calypso did not have other planets already successful from which to spinoff and use as a foundation. Rocktropia, Arkadia, Next Island... All are able to lean on Calypso, a well established economy and solid player base. There is no way that any planet will fail so long as this strong foundation remains. However, there is still great opportunity.
Over the years, many tools, weapons, have been changed, or eliminated. Some things quit dropping. And some of those items are worth a great fortune in peds to the lucky few who own them.We do not know what Rocktropia weapons or tools will become rare or valuable... Certainly, it will do so to a lesser extent than was seen in the earlier days of Entropia... But nothing is 100% right at the beginning. Take a look at your favorite television series. Compare say, seasons one and two, to seasons five or seven... Don't you notice something? The components making up that show begin to grow together and flow more smoothly, while at the beginning, no one knew for sure what direction things would take. If you compare the early days of Entropia to now... You can definitely see the point I am making here. Things have came together smoothly for Calypso. But now, we embark on the other planets journeys. It will take a few years, but they will get them ironed out.
Right now, yes, there is a lot of loot out there that has no use at present. Hopefully this will be fixed. But learn the lesson that has already been observed... Android Gears were dropping by the piles, but there was no use for them so they were TTd. Now their drop rate is so low that they command a 6200% markup on orders. The same thing can happen with other components that are dropping.
But what I am really writing about now is this: Look to the future. Based on what you know... What items do you feel are going to be valuable and needed perhaps by yourself or someone else? What weapons are cheap now but have the potential of going up a lot? I know L weapons make it a moot point... Being L, they are no longer items so much as they are commodities. A half condition Isis CB5 (L) at 250% is no different from a full condition Isis CB5 (L) at 200%. It's a commodity. It comes down to X gun is only worth about Y markup. Unlimited items and tools and weapons is where there is a lot of room for profits. For instance... No one in their right mind would hunt with a L weapon that costs 10K% MU. But... A UL weapon that is +5K peds... + 100K peds... If it is worth it to the person that has the money, and they want it bad enough, they can keep it as long as it suits them.
The message I am trying to put out to all of you is this:
You will probably not see ridiculous price increases especially in light of the bad economy and also with more planets, there being more competition between "brands", and what may be expensive from one planet's product line, the equivalent may be much cheaper from another planet, and people will always compare. But there will still be a few items of which only a few will ever exist, and these, if you can get them early enough, and hang on to them, there is profit to be had.
But when looking at items, always bear in mind that all as it is now, shall not forever remain. Those items you refused to hold onto might be a small gold mine some day like those Android Gears... Or... Maybe that 800% ore will turn to TT food as has happened before too. But at TT prices, one can only go up!
Also... I speak this last paragraph from my own experience... If you are doing so badly that you find yourself TTing things you wouldnt have dreamt of TTing... It's too late and your luck is too bad for that few peds to save you. Rather, you should find other sources of peds, that those items will be of more value to you later than now.
It was probably 2009 when I was told of this. The source of the information came from a player who himself had done this, taken advantage of common things becoming uncommon and valuable. It is quite possible that same person may actually read this and maybe not remember having talked to me about it... But I want to open everyones eyes to the future. NOW is the furthest back in time we will ever be. How's that for something to ponder?
Right now we are seeing infant worlds, much how Calypso started out to be sure... Except there is a huge difference. Calypso did not have other planets already successful from which to spinoff and use as a foundation. Rocktropia, Arkadia, Next Island... All are able to lean on Calypso, a well established economy and solid player base. There is no way that any planet will fail so long as this strong foundation remains. However, there is still great opportunity.
Over the years, many tools, weapons, have been changed, or eliminated. Some things quit dropping. And some of those items are worth a great fortune in peds to the lucky few who own them.We do not know what Rocktropia weapons or tools will become rare or valuable... Certainly, it will do so to a lesser extent than was seen in the earlier days of Entropia... But nothing is 100% right at the beginning. Take a look at your favorite television series. Compare say, seasons one and two, to seasons five or seven... Don't you notice something? The components making up that show begin to grow together and flow more smoothly, while at the beginning, no one knew for sure what direction things would take. If you compare the early days of Entropia to now... You can definitely see the point I am making here. Things have came together smoothly for Calypso. But now, we embark on the other planets journeys. It will take a few years, but they will get them ironed out.
Right now, yes, there is a lot of loot out there that has no use at present. Hopefully this will be fixed. But learn the lesson that has already been observed... Android Gears were dropping by the piles, but there was no use for them so they were TTd. Now their drop rate is so low that they command a 6200% markup on orders. The same thing can happen with other components that are dropping.
But what I am really writing about now is this: Look to the future. Based on what you know... What items do you feel are going to be valuable and needed perhaps by yourself or someone else? What weapons are cheap now but have the potential of going up a lot? I know L weapons make it a moot point... Being L, they are no longer items so much as they are commodities. A half condition Isis CB5 (L) at 250% is no different from a full condition Isis CB5 (L) at 200%. It's a commodity. It comes down to X gun is only worth about Y markup. Unlimited items and tools and weapons is where there is a lot of room for profits. For instance... No one in their right mind would hunt with a L weapon that costs 10K% MU. But... A UL weapon that is +5K peds... + 100K peds... If it is worth it to the person that has the money, and they want it bad enough, they can keep it as long as it suits them.
The message I am trying to put out to all of you is this:
You will probably not see ridiculous price increases especially in light of the bad economy and also with more planets, there being more competition between "brands", and what may be expensive from one planet's product line, the equivalent may be much cheaper from another planet, and people will always compare. But there will still be a few items of which only a few will ever exist, and these, if you can get them early enough, and hang on to them, there is profit to be had.
But when looking at items, always bear in mind that all as it is now, shall not forever remain. Those items you refused to hold onto might be a small gold mine some day like those Android Gears... Or... Maybe that 800% ore will turn to TT food as has happened before too. But at TT prices, one can only go up!
Also... I speak this last paragraph from my own experience... If you are doing so badly that you find yourself TTing things you wouldnt have dreamt of TTing... It's too late and your luck is too bad for that few peds to save you. Rather, you should find other sources of peds, that those items will be of more value to you later than now.
Sunday, January 15, 2012
ROCKTROPIA: Loot and Opportunity
There are a lot of materials in very high demand but very low supply... Auction house is full of high markup listings... 6000% MU for Vixen Gears... 500% MU for rocktropia records... 180% for Silver Shakers...
A lot of things that I loot I hold onto because it will be far too costly to get them the day when I ned them. But out of desparation for peds... I've listed maybe 15 peds TT of loot i've saved... Well... With MU I am looking at about 70 or 80 peds!
The big items drop more frequently on Rocktropia than on Calypso in my opinion. But the little things like components and materials don't loot so much. But on calypso... I've hunted a whole week and never had a loot over 10 peds. On Rocktropia, I have at least one 25 or 35 ped loot a day, and mostly all are easy mobs, at least if you stick below level 15.
The droprates on items may be changd, who knows... But prices are up, so if you can take advantage of this, it would be wise to do so.
A lot of things that I loot I hold onto because it will be far too costly to get them the day when I ned them. But out of desparation for peds... I've listed maybe 15 peds TT of loot i've saved... Well... With MU I am looking at about 70 or 80 peds!
The big items drop more frequently on Rocktropia than on Calypso in my opinion. But the little things like components and materials don't loot so much. But on calypso... I've hunted a whole week and never had a loot over 10 peds. On Rocktropia, I have at least one 25 or 35 ped loot a day, and mostly all are easy mobs, at least if you stick below level 15.
The droprates on items may be changd, who knows... But prices are up, so if you can take advantage of this, it would be wise to do so.
Friday, January 13, 2012
ADVICE: One Opportunity You Should Never Pass Up
Every once in a while, you will see someone about to TT their ores and enmatters, and offer to let people buy it for TT. I've seen it more often than you would think possible. Usually oil, lyst, force nexus, etc. Sometime melchi and iron. Basically anything they dont feel like messing with selling on AH.
NEVER pass up an opportunity to buy anything for TT value whether you need it or not. It is just as good as having peds, and it might be you can resell or fill orders for a little more than you paid.
And something a lot of you might not realize is the harsh reality of trading. If a trader does not feel he can profit off of what you are selling, such as perhaps lyst or oil, then it is most likely he will pay you TT if you have other ores and matters in the trade. If it is just lyst or oil, you can expect they will offer a few pecs extra, because then it's obvious and you just as well could have TTed the lot.
A very patient person, can easily sell Lyst on AH for 115% and up. The most I could reliably sell for was 133%. Sure, it took a day or two to move a few K ingots, but when you get markup on TT food, it makes a HUGE difference in your returns.
If you buy something at TT... The worst that can happen is you get your peds back from recycling it... But someone always needs something and will pay a little extra to get it rather than try to loot for themselves. I've tried looting parts I've needed, and it's a hell of a lot cheaper to buy for a little extra than burn the peds hunting for it.
Don't pass any bargains up, and profits won't pass you up.
NEVER pass up an opportunity to buy anything for TT value whether you need it or not. It is just as good as having peds, and it might be you can resell or fill orders for a little more than you paid.
And something a lot of you might not realize is the harsh reality of trading. If a trader does not feel he can profit off of what you are selling, such as perhaps lyst or oil, then it is most likely he will pay you TT if you have other ores and matters in the trade. If it is just lyst or oil, you can expect they will offer a few pecs extra, because then it's obvious and you just as well could have TTed the lot.
A very patient person, can easily sell Lyst on AH for 115% and up. The most I could reliably sell for was 133%. Sure, it took a day or two to move a few K ingots, but when you get markup on TT food, it makes a HUGE difference in your returns.
If you buy something at TT... The worst that can happen is you get your peds back from recycling it... But someone always needs something and will pay a little extra to get it rather than try to loot for themselves. I've tried looting parts I've needed, and it's a hell of a lot cheaper to buy for a little extra than burn the peds hunting for it.
Don't pass any bargains up, and profits won't pass you up.
Tuesday, November 15, 2011
ADVICE: Take Advantage of Low Markups!!!
A lot of blueprints can be very expensive to skill up. Armor is especially costly to skill in. If you have something you want to skill in but don't want to pay high markups, just keep track of what materials you need and check their prices over time. I have seen Alice drop from 150% to TT food. Narc from 170% down to 120%. Cobalt as high as 170% down to 130%.
If most of the components you need for a blueprint drop significantly, there is no better time to craft it than when it is most affordable. That way, when the prices go back up, you have your skills without the expense you would have had. The system does pretty good usually at compensating in terms of TT losses, but Markup is what you can expect to lose. It's the cost of doing what you are doing. I am not saying that the system cannot compensate you in terms of the relative markup, but it sort of has a built in mechanism for that. Say if you have narc at 140% and Alice at 120%, BSM tends to sell for 160 to 170%. The markets on Entropia are no different than any other. They will always tend towards equilibrium. If it costs more to make a good, that good is going to be worth more, generally.
I see dozens of resources that are "on sale" because they have dropped so low in markup. Cash Cows of the old days... Turned to TT food.
Good luck and happy hoffing!
If most of the components you need for a blueprint drop significantly, there is no better time to craft it than when it is most affordable. That way, when the prices go back up, you have your skills without the expense you would have had. The system does pretty good usually at compensating in terms of TT losses, but Markup is what you can expect to lose. It's the cost of doing what you are doing. I am not saying that the system cannot compensate you in terms of the relative markup, but it sort of has a built in mechanism for that. Say if you have narc at 140% and Alice at 120%, BSM tends to sell for 160 to 170%. The markets on Entropia are no different than any other. They will always tend towards equilibrium. If it costs more to make a good, that good is going to be worth more, generally.
I see dozens of resources that are "on sale" because they have dropped so low in markup. Cash Cows of the old days... Turned to TT food.
Good luck and happy hoffing!
Tuesday, September 27, 2011
Arkadia: Crafting Contest, and Treasure Coming Soon Hopefully
It would appear that there is currently a crafting contest going on at Arkadia, crafting globals on arkadian blueprints over 100 peds are eligible for one of a series of blueprints. I don't know what kind of prints, but I would assume that they are primarily going to be issued to the winners of the competition. I havn't had a crafting global in so long I am probably not even going to bother!!! But those of you who think you have what it takes might look into it further and give it a shot.
Yes, the auction house is a bit volatile... The crafters aren't around because it's hard for them to procure enough resources to craft with, and without crafters, there is no market for the miners to sell to. Me being on Arkadia right now trying to mine, I end up TTing all my ores becuase I can't wait a week for all my peds worth of stuff to sell. So most of what I have lost up there is due to the fact I can't get markup since there isn't a lot of demand because there isn't a lot of supply.. It is really a vicious cycle.
HOWEVER... All you gotta do is place your orders up there. Most resources HAVE no orders. If you give orders, you will get miners wanting to sell their resources now. And traders, traders of all people should be jumping on this opportunity.
My biggest complaint is there is very little narc, alice, and iron to be found on Ark.. It's not a bad thing to have common stuff on other planets be rare here and vice versa... It creates opportunity, but what we need are people to jump on that opportunity. I would do it myself, and maybe I will... But I am so short on funds at present that I can't even begin to try.
SO with all of that said.. I take that back, that is not my biggest complaint. My biggest complaint is we've been waiting so long for treasure hunting to get here that I hope it is actually going to be in this next update. I can't imagine how much business Arkadia is losing because of this not having been released on time.
Those of you who have suggestions, you need to make sure and let support know what your suggestions are. You might think they don't listen to what you have to say, but if you send them reasonable ideas that are plausible and even beneficial, they do listen. I see many things that I and others have suggested come into play finally. The squeaky wheel gets the grease and the customer is always right... Unless Mindark is wrong, in which case they won't admit it :P That's why if you ever have a support case, MAKE SURE TO SEND THEM A SCREENSHOT OR THEY WILL DENY ANYTHING WENT WRONG!
I will be on Arkadia for quite a while maybe, and any crafters needing materials, feel free to get ahold of me and I can arrange to meet with you to supply you with anything you are needing for crafting. Otherwise, place orders on the auction house and I will look for them and fill them as I always do.
Question of the Day:
If you spend say 300 Peds on an amp or something and use it up, do you think of it as a loss of $30, or do you just think of it as a loss of 300 Peds?
You might ask what importance this has to me, but it does have some. There is a psychological element to the Entropia Universe... Personally, I tend to think of it in terms of Peds.. Spending $30 in a casino and losing it is far more devestating to me than losing 300 Peds in Entropia, but why? Just wondering if it is similar to you guys is all.
I do not believe Entropia Universe is a casino... In fact, to avoid that legality, everything is "skill based", and "skill based" gaming is not gambling... Though you are still risking a stake to try and win a profit... Just a thought... And I highly suspect the reason banks are in fact pawnshops in the game, is because for them to actually allow actual bank type banks, being a real cash economy, it would violate a ton of banking regulations around the world... Just my observations, maybe I am wrong...
Part of what I am trying to do here is to get you guys thinking. If you aren't thinking about things, then your mind becomes dull, and if we keep it sharp, your losses will be much less. If you don't use it, you lose it.
Yes, the auction house is a bit volatile... The crafters aren't around because it's hard for them to procure enough resources to craft with, and without crafters, there is no market for the miners to sell to. Me being on Arkadia right now trying to mine, I end up TTing all my ores becuase I can't wait a week for all my peds worth of stuff to sell. So most of what I have lost up there is due to the fact I can't get markup since there isn't a lot of demand because there isn't a lot of supply.. It is really a vicious cycle.
HOWEVER... All you gotta do is place your orders up there. Most resources HAVE no orders. If you give orders, you will get miners wanting to sell their resources now. And traders, traders of all people should be jumping on this opportunity.
My biggest complaint is there is very little narc, alice, and iron to be found on Ark.. It's not a bad thing to have common stuff on other planets be rare here and vice versa... It creates opportunity, but what we need are people to jump on that opportunity. I would do it myself, and maybe I will... But I am so short on funds at present that I can't even begin to try.
SO with all of that said.. I take that back, that is not my biggest complaint. My biggest complaint is we've been waiting so long for treasure hunting to get here that I hope it is actually going to be in this next update. I can't imagine how much business Arkadia is losing because of this not having been released on time.
Those of you who have suggestions, you need to make sure and let support know what your suggestions are. You might think they don't listen to what you have to say, but if you send them reasonable ideas that are plausible and even beneficial, they do listen. I see many things that I and others have suggested come into play finally. The squeaky wheel gets the grease and the customer is always right... Unless Mindark is wrong, in which case they won't admit it :P That's why if you ever have a support case, MAKE SURE TO SEND THEM A SCREENSHOT OR THEY WILL DENY ANYTHING WENT WRONG!
I will be on Arkadia for quite a while maybe, and any crafters needing materials, feel free to get ahold of me and I can arrange to meet with you to supply you with anything you are needing for crafting. Otherwise, place orders on the auction house and I will look for them and fill them as I always do.
Question of the Day:
If you spend say 300 Peds on an amp or something and use it up, do you think of it as a loss of $30, or do you just think of it as a loss of 300 Peds?
You might ask what importance this has to me, but it does have some. There is a psychological element to the Entropia Universe... Personally, I tend to think of it in terms of Peds.. Spending $30 in a casino and losing it is far more devestating to me than losing 300 Peds in Entropia, but why? Just wondering if it is similar to you guys is all.
I do not believe Entropia Universe is a casino... In fact, to avoid that legality, everything is "skill based", and "skill based" gaming is not gambling... Though you are still risking a stake to try and win a profit... Just a thought... And I highly suspect the reason banks are in fact pawnshops in the game, is because for them to actually allow actual bank type banks, being a real cash economy, it would violate a ton of banking regulations around the world... Just my observations, maybe I am wrong...
Part of what I am trying to do here is to get you guys thinking. If you aren't thinking about things, then your mind becomes dull, and if we keep it sharp, your losses will be much less. If you don't use it, you lose it.
Wednesday, September 21, 2011
Need Peds? A Few Links To Earn A Few Bucks
This is going to be an entry that will be expanded and reduced as time goes by. I know a lot of us need more peds but don't have the money to deposit. There are a few programs which I am aware of that HAVE paid me in the past. Earnings is slow, and not large sums of money, but it is still more than what you are likely going to make from sweating. The goal here, is to show you ways of earning an extra $5, $10, or maybe even $20 a month that you can deposit in Entropia if you like. You don't have to use it for that, but maybe you want to get back some of the money you have been depositing.
I promise this is going to be the only post in this blog dealing with this topic. After much debate with myself, I decided it was acceptable to share anything I know of that will help my fellow Entropians. And since money is what drives Entropia, I didn't think it fair of me not to share some good streams of small but regular income. Some of them don't need much or any effort at all, others will require quite a bit of effort to get much out of them. But it is less tedious than sweating if you ask me!!!
None of the following are affiliate with Entropia or Mindark in any way. Also, I am not affiliated with these outfits either, other than I am a member with them and since I have made some extra cash that I was able to deposit into EU with, I wanted to bring them to your attention. I will not ever post a link to any program that does not pay or otherwise is a scam. This list will be added to regularly so bookmark this post and check back from time to time for any new links.
I can't tell you you will make a certain amount, it all depends on you and how much effort you put into these. But I do know if you put as much effort into them as many people put into sweating, you can easily make more than you would sweating! Just be aware though that there are at times cashout minimums, and they can take anywhere from days to weeks to months to hit... But it is nice when you finally get your payment!
Little Effort Required:
-------------------------------
MyFreeShares... I have been a member with them for many years, and they have been good about making their payouts. You earn shares through various methods, and these shares earn you a portion of the site's revenues. The more shares you accumulate the more you will earn. But they started deducting shares when you make a withdrawal, but this ensures everyone gets a fair chance to make a decent amount right from the start, as opposed to "having to catch up" with the people with the most shares to get anything. It is very very slow earnings, but steady and almost no effort required. They can pay you with PayPal.
Lots Of Effort Required:
-------------------------------
Exodus3000:
It takes a bit of time to really get going on this one, you get 250 moves a day, but there are ways to earn more too. You mine for resources which fluxuate in value, and you earn Mars Dollars, which convert into real money when you get enough to convert them. Depending on your levels, as little as 300,000 Mars Dollars will equal $20... But starting out, it takes 1 million MD to equal $20. They post their exchange rates for each range of skills. You can attack other player's and take some of their money, and they can attack you too if they find you. It is quite a bit of fun but can get tedious and as such isn't for everyone. It is a browser based game requiring java. It's an option to being bored if you end up waiting for all your peds to sell on auction house :-)
MORE COMING SOON!!!
I promise this is going to be the only post in this blog dealing with this topic. After much debate with myself, I decided it was acceptable to share anything I know of that will help my fellow Entropians. And since money is what drives Entropia, I didn't think it fair of me not to share some good streams of small but regular income. Some of them don't need much or any effort at all, others will require quite a bit of effort to get much out of them. But it is less tedious than sweating if you ask me!!!
None of the following are affiliate with Entropia or Mindark in any way. Also, I am not affiliated with these outfits either, other than I am a member with them and since I have made some extra cash that I was able to deposit into EU with, I wanted to bring them to your attention. I will not ever post a link to any program that does not pay or otherwise is a scam. This list will be added to regularly so bookmark this post and check back from time to time for any new links.
I can't tell you you will make a certain amount, it all depends on you and how much effort you put into these. But I do know if you put as much effort into them as many people put into sweating, you can easily make more than you would sweating! Just be aware though that there are at times cashout minimums, and they can take anywhere from days to weeks to months to hit... But it is nice when you finally get your payment!
Little Effort Required:
-------------------------------
MyFreeShares... I have been a member with them for many years, and they have been good about making their payouts. You earn shares through various methods, and these shares earn you a portion of the site's revenues. The more shares you accumulate the more you will earn. But they started deducting shares when you make a withdrawal, but this ensures everyone gets a fair chance to make a decent amount right from the start, as opposed to "having to catch up" with the people with the most shares to get anything. It is very very slow earnings, but steady and almost no effort required. They can pay you with PayPal.
Lots Of Effort Required:
-------------------------------
Exodus3000:
It takes a bit of time to really get going on this one, you get 250 moves a day, but there are ways to earn more too. You mine for resources which fluxuate in value, and you earn Mars Dollars, which convert into real money when you get enough to convert them. Depending on your levels, as little as 300,000 Mars Dollars will equal $20... But starting out, it takes 1 million MD to equal $20. They post their exchange rates for each range of skills. You can attack other player's and take some of their money, and they can attack you too if they find you. It is quite a bit of fun but can get tedious and as such isn't for everyone. It is a browser based game requiring java. It's an option to being bored if you end up waiting for all your peds to sell on auction house :-)
MORE COMING SOON!!!
Friday, June 17, 2011
New opportunities on the horizon?
I have heard from a friend playing entropia that many new things are on the way such as space exploration... I have been unable to update my Entropia with dialup and it is sad that I have two laptops neither of which is portable due to monitor problems and havingto use an external display. However... Every innovation in Entropia brings untold new opportunities.
I am writing this not to state the obvious but to urge all players, old and new alike to examine any material available and try to see how these new changes can benefit you. I have no idea what space travel will mean but assume space combat... Crafters will have a new market In space craft and space based weapons... Perhaps hunters can collect bounties on blowing up robot spacecraft or pirate ships... Perhaps miners can prospect celestial bodies and gaseous anomalies. I have no idea... But regardless a new frontier means new opportunities and I will task myself in guiding you into the new frontier as I learn more about it.
I would normally have a wealth of information to give you guys but so many changes are happening and I have been out of the loop a long while... It sucks, it really does...
I love entropia... I love all my friends on entropia... Hopefully some of them are reading my blog... If so never fear, goldbaron Maximus will soon reappear! I really do miss you all... I would give shoutouts but I'm short on time... Good luck!
I am writing this not to state the obvious but to urge all players, old and new alike to examine any material available and try to see how these new changes can benefit you. I have no idea what space travel will mean but assume space combat... Crafters will have a new market In space craft and space based weapons... Perhaps hunters can collect bounties on blowing up robot spacecraft or pirate ships... Perhaps miners can prospect celestial bodies and gaseous anomalies. I have no idea... But regardless a new frontier means new opportunities and I will task myself in guiding you into the new frontier as I learn more about it.
I would normally have a wealth of information to give you guys but so many changes are happening and I have been out of the loop a long while... It sucks, it really does...
I love entropia... I love all my friends on entropia... Hopefully some of them are reading my blog... If so never fear, goldbaron Maximus will soon reappear! I really do miss you all... I would give shoutouts but I'm short on time... Good luck!
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