Self respect

[beldannon5]

Have some self respect people. Don't sell below 7 and if you have to don't go below 6.50. If no one sells silvers under 7 people will buy for 7 or more its common sense.


Just a little wisdom from me to you.

[Tgo01]

Have some self respect people. Don't sell below 7 and if you have to don't go below 6.50. If no one sells silvers under 7 people will buy for 7 or more its common sense.


Just a little wisdom from me to you.

I'm just waiting for Wyrom to announce some awesome event where people will need hundreds of millions of silvers and watch as everyone buys up my saved up stash for 15+ dollars per mil.

Then who will be laughing?!

[Wrathbringer]

I'm just waiting for Wyrom to announce some awesome event where people will need hundreds of millions of silvers and watch as everyone buys up my saved up stash for 15+ dollars per mil.

Then who will be laughing?!

Don't hold your breath. All we get now are slot machine events. DR, the stupid dollhouse, etc.

[hello]

Don't hold your breath. All we get now are slot machine events. DR, the stupid dollhouse, etc.

Fuck you Wraithbuyer DM is awesome!

[Jhynnifer]

I'm just waiting for Wyrom to announce some awesome event where people will need hundreds of millions of silvers and watch as everyone buys up my saved up stash for 15+ dollars per mil.

Then who will be laughing?!
It will be *years* before simu will create a simucoin-driven event that also requires large amounts of silver.

[Tgo01]

Don't hold your breath. All we get now are slot machine events. DR, the stupid dollhouse, etc.


It will be *years* before simu will create a simucoin-driven event that also requires large amounts of silver.

Naysayers! The lot of you!

[beldannon5]

Hey I don't consider myself that greedy. I am not wanting 10-15 dollars just at least 7 per. A guy can dream right lol

[Jhynnifer]

Naysayers! The lot of you!

This would be like a kick in the ass AND the nuts at the very same time!

[beldannon5]

aww shucks someone red repped me for saying something about silvers. Lol I feel sad /wrists

Guessing one of the people selling for less then 7? lol

Seriously though if the prices are higher you make more money, why would why me asking people to sell for more hurt you lol

[Viekn]

I am not wanting 10-15 dollars

Why not? If all it takes is everyone agreeing not to sell below a certain price, should work the same for making it $10-$15.

Edit to add: I've sold silvers when I had more than I needed, but never farmed them. I'd only really like to sell silvers to be able to pay for Gemstone subs. That's pretty hard to do at $7 or less per if you're not actually farming them.

[beldannon5]

i mean i wouldn't mind 10-15 I am just saying i want at least 7. :)

[adred]

price fixing is illegal, I have found that out the hard way in the past

[Gelston]

aww shucks someone red repped me for saying something about silvers. Lol I feel sad /wrists

Guessing one of the people selling for less then 7? lol

Seriously though if the prices are higher you make more money, why would why me asking people to sell for more hurt you lol

No, I did. People can sell for whatever they damn well please.

And I imagine it was you that neg repped someone else for selling under 7.

[Viekn]

price fixing is illegal, I have found that out the hard way in the past

How does the illegality of price fixing apply to Gemstone silvers?

[beldannon5]

I have never red repped someone sir Gleston. Let me add at least i dont think ever have.

[beldannon5]

And of course people can sell for what they please just as i can encourage people to sell for more. Free country and all sort of lol

[adred]

How does the illegality of price fixing apply to Gemstone silvers?

It doesn't because the DOJ doesn't give a shit about Gemstone.

[Astray]

People can sell for what they please.

[beldannon5]

Yes mr astray we have established that already but thanks

[Astray]

Yes mr astray we have established that already but thanks

So there's no issue. Got it.

[beldannon5]

Nope no issue. Just thoughtni would try to encourage people to sell their silvers for what they are worth not less. I need to sell silvers in july so i can pay for my simucon trip. Need to get more Bang for my buck.

[SonoftheNorth]

"Self respect" was a pretty shitty way to title it so you can make money. Let people sell for whatever they want and maybe you should be less greedy man. Sometimes shit comes up and people need cash fast. Shouldn't make other people feel like garbage so you can get an extra .50 cents for your fake currency.

[Astray]

Nope no issue. Just thoughtni would try to encourage people to sell their silvers for what they are worth not less. I need to sell silvers in july so i can pay for my simucon trip. Need to get more Bang for my buck.

So it doesn't involve self respect. It just comes down to you not wanting to compete. Got it. Totally not self motivated.

[beldannon5]

Come on people it was kind of tongue and cheek. We need more of that with all the damn politic and hello threads. Such hostility makes me sad. If people really feel shitty about that then i apologize but hey. And i was trying to make everyone selling money money not just me. So only partially greedy

[Astray]

Come on people it was kind of tongue and cheek. We need more of that with all the damn politic and hello threads. Such hostility makes me sad. If people really feel shitty about that then i apologize but hey. And i was trying to make everyone selling money money not just me. So only partially greedy

You got caught being stupid, people called you out, now you're back pedaling like a shit-lord.

K.

[beldannon5]

No no astray. I want everyone to make more money per silvers not just me. Okay delirum manor in 27 hours and there are lots of hello threads and politic threads to go back to. :(

[beldannon5]

Nope astray you are wrong again not backpedalling at all i still think nothing should be below 7. Damn it people. Concentrate on the truly evil people here like hello

[beldannon5]

Off to play softball have fun all. If you want to continue this thread i will he back in 3 to 4 hours. If not lets just concentrate on other stuff

[Gelston]

Don't worry, I'm sure hello will come shit post in here.

[Allereli]

Okay delirum manor in 27 hours

that's when we'll really see the self respect, right?

[chalion]

ice cold

[Allereli]

ice cold


http://www.youtube.com/watch?v=rog8ou-ZepE

[Ltlprprincess]

Silver selling is a living market and as such, it is subject to both inflation and supply and demand. There is a huge amount of silvers out there right now with very little demand, which is why the market/sellers have lowered the price so drastically. Even with the great 2016 auction, there hasn't been a huge demand for silvers. Until events like CCF/RtCF make a comeback, prices are likely going to remain ridiculously low. Asking people to have self-respect when they are only following the current market trend isn't nice and I'm sure they're still making money off silver sales, regardless.

[Gelston]

Silver selling is a living market and as such, it is subject to both inflation and supply and demand. There is a huge amount of silvers out there right now with very little demand, which is why the market/sellers have lowered the price so drastically. Even with the great 2016 auction, there hasn't been a huge demand for silvers. Until events like CCF/RtCF make a comeback, prices are likely going to remain ridiculously low. Asking people to have self-respect when they are only following the current market trend isn't nice and I'm sure they're still making money off silver sales, regardless.

Remember when silvers went for over $20 a mil? Pepperidge Farm remembers.

[adred]

https://i.imgflip.com/1qytlp.jpg

[Orthin]

No no astray. I want everyone to make more money per silvers not just me. Okay delirum manor in 27 hours and there are lots of hello threads and politic threads to go back to. :(

But you don't want the people buying silver to get a good deal. :(

[adred]

too fucking bad we're heading to $5

[allen]

You have no idea what is going on in someone's real life which may be why they are selling for a bit under market value. While you are worrying about the market in a text-based role-playing game they may be worrying about feeding their kids.

[Fortybox]

Let the market crash and usher in the great Gemstone depression.

[hello]

Silvers going to sell for 5 and change sometime this year at least once. You heard it here first.

[cwolff]

Silvers going to sell for 5 and change sometime this year at least once. You heard it here first.

That's no prediction. I've bought them for 6$ even already this year.

[hello]

That's no prediction. I've bought them for 6$ even already this year.

Yeah, but I think 5 bucks is like a pyschological thing. Once it get's that low the prices fall faster. Think we've been stuck in the 7~8 range for years now.

[beldannon5]

Now the thread is tainted. It doesnt have to or need too get down to 5. Been here two years now never sold below 7. Shrug not saying it wont happen but it shouldnt. And hello stay out of my thread please :)

[hello]

Now the thread is tainted. It doesnt have to or need too get down to 5. Been here two years now never sold below 7. Shrug not saying it wont happen but it shouldnt. And hello stay out of my thread please :)

Sure, if you stop at 1 jar of tokens tomorrow night.

[Hoodtralfeck]

i remember back in 2005 when i came back but with all new accounts i bought 30 million silvers at 15 bucks a pop ! worst part is i pissed it all away cause i didnt know what was good and what was crap . most the last 12 years i have stayed at the 10m range in liquid silvers . i wish silvers prices woud go up . makes the game and our items more valueble .aint that how math works?.. im not sure

[allen]

i remember back in 2005 when i came back but with all new accounts i bought 30 million silvers at 15 bucks a pop ! worst part is i pissed it all away cause i didnt know what was good and what was crap . most the last 12 years i have stayed at the 10m range in liquid silvers . i wish silvers prices woud go up . makes the game and our items more valueble .aint that how math works?.. im not sure

More stuff, less people.

[Aaramon]

It's called a market. Supply and demand set the prices quite effectively. I get it. Everybody hates when their business gets commoditized. (I have been there in an actual business and it sucks.) Your post flirts with price fixing. Should you have an actual conversation with another seller(s) and establish a floor/price it would be a federal offense. I am not suggesting that you would ever face consequences in this scenario but it fits the definition perfectly.

Just a little wisdom from me to you.

[allen]

It's called a market. Supply and demand set the prices quite effectively. I get it. Everybody hates when their business gets commoditized. (I have been there in an actual business and it sucks.) Your post flirts with price fixing. Should you have an actual conversation with another seller(s) and establish a floor/price it would be a federal offense. I am not suggesting that you would ever face consequences in this scenario but it fits the definition perfectly.

Just a little wisdom from me to you.

I'm not trying to be a smart-ass by asking you this, I'm opening a store on Monday and I'm just curious. What is the difference between price fixing and MAP pricing? You seem to have been in a situation where you would know the answer to this.

[Tgo01]

I'm not trying to be a smart-ass by asking you this, I'm opening a store on Monday and I'm just curious. What is the difference between price fixing and MAP pricing? You seem to have been in a situation where you would know the answer to this.

Price fixing is where businesses all get together and agree not to sell a product for cheap than X amount. This is bad because it discourages competition all for the benefit of said businesses making more money.

MAP is where resellers agree with the maker of a product not to advertise their product for less than the agreed upon price. This is different and legal for a couple of reasons.

First the reseller is free to sell the product for anything they want, they just can't advertise the product for less than the agreed upon MAP.

Also the price comes directly from the maker of the product who is trying to ensure a level playing field among giant stores like Walmart who can sell their products cheaper than a little mom and pop store.

That being said people losing their shit and accusing beldannon5 of engaging in price fixing are going a little overboard, you would think he accused someone of being a rapist or something.

Suggesting to everyone to not sell their product below a certain amount is far from conspiring with everyone to not sell their product below a certain amount.

[adred]

I'm not trying to be a smart-ass by asking you this, I'm opening a store on Monday and I'm just curious. What is the difference between price fixing and MAP pricing? You seem to have been in a situation where you would know the answer to this.

Let's say simu enforced a MAP agreement on silver @ $7/mil. You would not be able to post silver for $6, but you could say something like. 200m for sale prices so low you won't believe! Contact for details. If you shop online around black friday at places like BestBuy.com you will see ads for things that will say $600 discount, add to cart to see price.

[Reagan]

I live on a tight budget which i adhere to, so i sell silver to pay for my accounts. I do not use the money for anything else except my entertainment here. When i need to get more into my paypal account for events or subscriptions i sell some. Usually only 20-30m at a time. So if someone has theirs at 6.25 per that's what i post mine for at that time. The market sets the prices, not me. So whichever sellers bad rep'd me, screw you or buy them and resell them at whatever you want :)



PS. Selling silvers at 6.25 per. Have a nice day.

[Fortybox]

Price fixing is where businesses all get together and agree not to sell a product for cheap than X amount. This is bad because it discourages competition all for the benefit of said businesses making more money.

MAP is where resellers agree with the maker of a product not to advertise their product for less than the agreed upon price. This is different and legal for a couple of reasons.

First the reseller is free to sell the product for anything they want, they just can't advertise the product for less than the agreed upon MAP.

Also the price comes directly from the maker of the product who is trying to ensure a level playing field among giant stores like Walmart who can sell their products cheaper than a little mom and pop store.

That being said people losing their shit and accusing beldannon5 of engaging in price fixing are going a little overboard, you would think he accused someone of being a rapist or something.

Suggesting to everyone to not sell their product below a certain amount is far from conspiring with everyone to not sell their product below a certain amount.

https://media1.giphy.com/media/anYBNhqT2BYcg/giphy.gif
https://media0.giphy.com/media/O5NyCibf93upy/giphy.gif
https://media0.giphy.com/media/Vg0JstydL8HCg/giphy.gif

[beldannon5]

hey my thread has got 6 pages already yay. A serious question though. I could understand the buyers being annoyed with my post, but should the sellers be annoyed (maybe i should have left off the self respect part) I mean sure you may just be doing it to pay for the game or when you have debt, but isn't more money for your silvers better?

I am guessing it's more the self respect thing then me wanting to get more for my silvers?

[Seran]

Price fixing is where businesses all get together and agree not to sell a product for cheap than X amount. This is bad because it discourages competition all for the benefit of said businesses making more money.

MAP is where resellers agree with the maker of a product not to advertise their product for less than the agreed upon price. This is different and legal for a couple of reasons.

First the reseller is free to sell the product for anything they want, they just can't advertise the product for less than the agreed upon MAP.

Also the price comes directly from the maker of the product who is trying to ensure a level playing field among giant stores like Walmart who can sell their products cheaper than a little mom and pop store.

That being said people losing their shit and accusing beldannon5 of engaging in price fixing are going a little overboard, you would think he accused someone of being a rapist or something.

Suggesting to everyone to not sell their product below a certain amount is far from conspiring with everyone to not sell their product below a certain amount.

It is price fixing, no matter how you look at it.

If someone purchases too much of a product at a dealer price, then reselling at a loss before either inventory charges kick in or to clear space is not only a boon to buyers, but a basic tenant of supply and demand economics.

Sellers committing themselves to a minimum price is collusion. The Fair Trade Commission states; the critical distinction is between a unilateral decision to impose a restraint (lawful) and a collective agreement among competitors to do the same (unlawful)

Individuals who sell silvers are competing for a share of the market. If Simutronics imposed a bare minimum price for silvers or they would ban accounts, that would an example of MAP.

[Ososis]

https://i.imgflip.com/1r1a4b.jpg

[beldannon5]

Lol

[Sedda]

To be honest I don't really see it as trying to fix price anything ...However the way it is introduced and calling 'self-respect' into things is a bit insulting. Considering so many people are setting the price between 6.5 and 7$, it does cause the selling market to sway. It has nothing to with self-respect and more to do with supply and demand. I like Beld and have done business interacts with him on a few occasions. However calling my self-respect and common sense into play because I decided to set my price for slightly lower than 7$ is an indirect insult and I don't deserve that. I set mine at a flat rate of 40$ (which is a total of 2$ less than it being 7$/per) so I could pay for my GS subscription. 2$ isn't going to kill me nor is it going to crash the market and I shouldn't have my respect, common sense or otherwise, brought into question for it.

I have seen seeing the silvers slip around 6-7$ since before duskruin plus the events do tend to have the silvers dipping lower. Currently I think most peoples $ will begoing to the current event, thus silvers are less needed = lower prices. Again, supply and demand.

That being said there is nothing wrong with trying to talk to the community about it. However, this was going about it the wrong way. No offense, Beld.

One last thing...I do remember the days of 20$ per. My oh my how times have changed!

[Wyrom]

The market is soft right now. More sellers than buyers. Automation allows more people to maximize their gains and efficiently spend their time doing so. The Great Auction of 2016 put a dent in the surface, it drained over 12 billion silver. We have not recovered from that just yet. So it's not so much there is a larger supply available now than in December of 2016. It's strictly due to the number of sellers out there competing against the billionaires.

[phalen33]

Personally I think DR had a lot to do with the current dip. You had people buying simucoins a 1000 bucks at a time, buying books and jars in bulk and then selling them for silvers. Then you had people buying those books and jars, churning them into scrip and selling the scrip for silvers. Then both parties turned around tried to sell the silvers for cash. The result is that people who normally save their millions ended up trading them for scrip to buy shinies. So the money that is normally stored safely in the bank is now in the hands of silver sellers and on the open market.

[Fortybox]

You also had a large increase of silvers due to Summit.

[Methais]

Why not? If all it takes is everyone agreeing not to sell below a certain price, should work the same for making it $10-$15.

The demand isn't there anymore to support those prices.


People can sell for what they please.

They can but that doesn't make them less stupid for selling for lower than what they can get because they're impatient.

[hello]

I see it stabilizing at a floor of 5 ~ 5.50 for a year or two. Even if we get new players to soak supply they are more used to paying the company directly for stuff through MicroTransactions than buying stuff from other players through paypal.

OMG WHY AM I RED?? DO I NEED TO CREATE ANOTHER ALT NOW? OMG OMG OMG

[Aaramon]

It is a good question. MAP pricing refers setting expectations for retailers selling YOUR products around minimum threshold pricing. At the end of the day, customers can buy the products or not and the retailers and sometime distributors can sell/have access to your products or not. Your recourse, as the manufacturer our source of the ultimate product is to refuse the retailer access or rights to sell the product. Apple/Nikon dictating, within a narrow range, the price for this is an example. Ultimately, if the price is set out of step with market demand the product with not sell. Customers have other substantially similar options.

Price fixing is when providers of good or services across manufacturers/providers agree to set a floor for substantially similar products and services. Nikon and Canon setting a 12,000 price on all new flagship level cameras might be an example of this because there are few other alternatives. In the end customers are adversely affected because they do not have substantially similar options. This is why we passed anti-trust legislation. Look at the three richest Americans adjusted for inflation. They were all monopolists (thereby setting prices as they chose). When adjusted for inflation all had multiples of Bill Gates, the current richest man.

[Aaramon]

To be clear, I am not advocating for lower costs for silver because it amounts to deflation and the relative devaluing of all assets.

[Methais]

You have no idea what is going on in someone's real life which may be why they are selling for a bit under market value. While you are worrying about the market in a text-based role-playing game they may be worrying about feeding their kids.

Maybe if those people played less GS they'd have an easier time feeding their kids?

https://cdn.meme.am/cache/instances/folder925/71810925.jpg


It's called a market. Supply and demand set the prices quite effectively. I get it. Everybody hates when their business gets commoditized. (I have been there in an actual business and it sucks.) Your post flirts with price fixing. Should you have an actual conversation with another seller(s) and establish a floor/price it would be a federal offense. I am not suggesting that you would ever face consequences in this scenario but it fits the definition perfectly.

Just a little wisdom from me to you.

More accurately, it's called Simu is slowly shifting the distribution of nearly any and every new item of any real value requiring Simucoin/alt currency based items instead of silvers.


I live on a tight budget which i adhere to, so i sell silver to pay for my accounts. I do not use the money for anything else except my entertainment here. When i need to get more into my paypal account for events or subscriptions i sell some. Usually only 20-30m at a time. So if someone has theirs at 6.25 per that's what i post mine for at that time. The market sets the prices, not me. So whichever sellers bad rep'd me, screw you or buy them and resell them at whatever you want :)



PS. Selling silvers at 6.25 per. Have a nice day.

I just sold 100m at 6.75 per over the past month, and have seen others sell plenty of theirs for the same price this month, so you kinda ripped yourself off. :(


Personally I think DR had a lot to do with the current dip. You had people buying simucoins a 1000 bucks at a time, buying books and jars in bulk and then selling them for silvers. Then you had people buying those books and jars, churning them into scrip and selling the scrip for silvers. Then both parties turned around tried to sell the silvers for cash. The result is that people who normally save their millions ended up trading them for scrip to buy shinies. So the money that is normally stored safely in the bank is now in the hands of silver sellers and on the open market.

Prices took a big shit immediately after DR. I'm sure it's no coincidence.

[Reagan]

Exactly, you saturate with your 100 million every month or two at 6.75 when i was selling at 7. I am just trying to sell 30-50 at a time and i posted at 6.25 because someone else had an existing post for 6.25. So don't call me impatient.

[Legales]

So if I am reading this whole thread properly, people are upset about free markets pushing prices down below $7.00. These people are urging other sellers to price fix with them at $7.00 for various reasons. Sam Walton is rolling over in his grave. https://goo.gl/EqRLUX

[MadHatter]

suck it up cupcakes, it is what it is

[Legales]

suck it up cupcakes, it is what it is

I could say the same thing about prices being soft. Suck it up, prices are what they are.

[Tgo01]

Everyone just shut up and buy my silvers for 10 dollars per.

Thanks.

[Methais]

Exactly, you saturate with your 100 million every month or two at 6.75 when i was selling at 7. I am just trying to sell 30-50 at a time and i posted at 6.25 because someone else had an existing post for 6.25. So don't call me impatient.

Yes, and with a little patience, it sells for that price. I could easily drop the price for a quick sale too, which would pretty much be the definition of impatience, but that's pointless when they will still sell for $6.75.

Or everyone can just continue to undercut each other and then complain about the market sucking later when silvers are worth like $1.50. What then?