The Market and prices-

Is the Market a real time market or a virtual program?

From Potatoes to Pilsner,

I see that potatoes have gone from a few credits (15) to a minimum of (75) credits a unit of potato. In fact all the prices are sky rocketing.

I am guessing this means early beginner players must be entirely self sufficient in order to survive, which makes me wonder is the market price fluctuating as players increase with every level. My question might be:

1.Are these prices the same prices for every player in the game
2.Are these real time prices and products. With real time trading amongst other players.

Another reason I ask is that many product have selling prices higher than what i can sell the same product for. So there must be something unique about the market relationship to every player. I also noticed that with some products, I cannot set prices as high in my offer to sell as high as the highest existing prices on the open market. That makes me very curious if their a 2 or even 3 tier market.

 

I believe, though I can't prove, nor have any evidence to back me up, that the market is almost entirely driven by the players. ie, it is a real market with items for sale by real players bought by real players.

Having said that, there are price limits set by the game, and these are related to the average market price of the goods at the current time. So you can get goods set already for sale at more than the maximum you are now allowed to sell at because the market average price for that product has dropped since those goods were put on the market.

Finally, there are the occasional (I've not checked lately) ludicrous sales put on the market, where someone has put eg 3000 beams at 3000CC each with no hope of a sale ever, a cost of 900,000CC just to put the sale up, etc. These don't seem likely to be user generated though. I've never really seen why they would be put there by the game either, except to possibly artificially increase the average sale price of the goods in question.

 

1. Yes they are same for all.
2. For normal game play you can say yes. Its only if you plan to be a trader you need to care about BPs offer.

You can sell for average price +/- 50%, average can change once/h.
Exception is those goods where BP have price control then average cant change higher or lower then what BP have decided.

 

Market is influenced by various factors including: number of offers, amount of products, average sell price. BigPoint does not actively control the market prices.

Topic has been moved to Speaker's Corner where more mayors can post their own experience and thoughts on this.

 

Great Wizz, why don't you tell us how it works and what principles are applied? All our speculations amount to not much in this case as it is hard to secure firm parameters for observation.

Also BP sometimes does actively control market prices as for example months back when lumber and beams prices went so low that they decided to force bottom price limit higher than what the items were sold for at that time. Which resulted in other complaints about basically hardly anybody being able to sell these comodities even for that forced minimum amount. Was sorted later by simply rising the demand for construction materials with added content.

 

It has already been a OA that BP do some price control and after that they have slowly expanded it.
E.g. Barley av20 and max30CC cant be exceeded. Lumber and cement is also controlled.
If that's actively or passively control is just splitting hair.

 

I think Wizz just wanted to affirm that the game is out of control. Especially after they put that Cinema-like shaped troyan horse in.

 

Nortoncommander You sound like a first class passenger on the Titanic complimenting Captain Smith on his good seamanship after striking the iceberg.

 

The boys at the top of the city are guilty of price fixing and Market manipulation and I suspect some insider trading going in the potato market. I have reported my findings to the security exchange commission. I will patiently wait 6 months before any action is taken ..........if ever

 

I love to see optimism does still exist.

 

As far as I know the top price is calculated every hour on the average price of all sales during the last hour plus 50% and the average price which is shown on the selling-window is the average minus 50% .
There a some exception, where BP fixed the top price. Like the Barley, BP fixed the price at 30 cc/unit.

What I do not really understand -and maybe Wizz, you can explain this -:
There are a few "system" dealer generating sometimes offers. I do not fully understand their role - I see often offers which are lower than the average price - guess they do it because there are not enough products on the market but do they also purchasing do regulate the prices?
Thanks
Juli

 

I know there are a lot of bright young mayors who try to understand everything in the game but some parts of the internal mechanics cant be revealed.
If you have concerns or suggestions please use our dedicated section, the Ideas Board.

 

Thanks for your fast answer -Wizz-

 

kkkkkkkkkk

 

Of course there are, so don't be shy and let the word out.

 

Dear Wizz, this not so bright and not so young mayor does not want to know the inner workings of the system. But why can we not know all the rules and restrictions governing the marketplace. Transparency leads to trust.

 

Bring back the gold standard

 

Why bring back the gold standard it did not make anything better. It would just change which few rich people control the economy.

 

Why on earth? Look, like some I did my time with Ayn Rand (long, long ago, as a teenager, is what I have to say for my justification). Moving forward to more logically stable ground, I did notice the following fact: the value of gold is just as subjective as the value of money. It only has the value we assign it. After all, you cannot eat gold, right?

 

We can and do, but it doesn't do anything.