Price Manipulation Theory

[Carl]

This is not a theory, this is reality for pretty much every merchant clan out there...

 

 

 

No it isn't. This is what a merchant clan is today:

 

 

 

It is run by one or many leaders, usually rich. The leaders order all their members in the cc to buy out an item. All the members start buying as much as item x as they can at max price. After the price starts rising, the clan chat goes crazy with people screaming "dump now everyone!!!" or "wait you ****ing idiots, don't dump." This goes on for x amount of days until everyone gets so nervous they dump item x way too early. Suddenly the price plummets: very few people make profit, and many, many people lose money. The leaders leave the clan oblivious to the true dumping price of item x on purpose... so they can make a profit quickly and move on to the next item. After a round of item x manipulation, a few people quit out of frustration and a few more suckers join the clan, only to be scammed the next round. It's a cycle, over and over.

 

 

 

The theory that is suggested would involve a merchant clan that may not exist: One whose members have 100% loyalty and are extremely rich (in order to buy out ALL of item x), and don't panic like little school children when prices start to rise.

 

 

 

What you say about the chat going crazy is wrong.

 

 

 

Unless the channel's extremely unorganised then this doesn't happen. I know from personal experience with leading a/some channel(s) with some friends that if you run it correctly, that kind of thing doesn't happen.

 

If an item's correctly bought out, then you'll find no problems in people worrying. People generally don't dump until told so by channel staff (Talking about IRC) as it could result in them being booted from the channel. People will only lose money if they act stupidly when an item's being dumped. (If they're in on the dump late, they put there items in at min to sell faster, whereas, they could sell it for alot more).

 

 

 

So yes, it's no cycle over and over again if the leaders of your group actually know what they're doing.

 

 

 

You may have had a somewhat bad experience with one or two channels, but not all of them are the same.

 

 

 

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