Trade Contracts = Rubies/Sapphires (SCAM ALERT)
Zinger314
There's a new scam going around in the Kodash Bazaar about the Trade Contracts (and as you all know, I've been in the Kodash Bazaar too long. )
7 Trade Contracts, given from quests in Vabbi, can be traded to a Vabbi Trade Official for a Ruby/Sapphire/Diamond, which are necessary for the 5k Vabbi armor. (That's why they are 5k at the Rare Material Vendor. Very high demand.)
Not many people know this. Thus, you can see a scam waiting to happen, similar to the Imperial Commedations in Factions.
I've seen many people offer 300g-500g per Trade Contract in Kodash Bazaar. 7 of these contracts amount to 2100g-3500g. Since the Gems can be sold for atleast 5000 each, that's a 1500g-2900g profit for doing nothing.
Therefore, don't sell your Trade Contracts for anything less than 700g. That way, they will break even if they are trying to scam you.
There are lots of quests in Vabbi for Trade Contracts. Turn them in for Gems for your armor, or sell them for 700g. But don't undercut yourself.
7 Trade Contracts, given from quests in Vabbi, can be traded to a Vabbi Trade Official for a Ruby/Sapphire/Diamond, which are necessary for the 5k Vabbi armor. (That's why they are 5k at the Rare Material Vendor. Very high demand.)
Not many people know this. Thus, you can see a scam waiting to happen, similar to the Imperial Commedations in Factions.
I've seen many people offer 300g-500g per Trade Contract in Kodash Bazaar. 7 of these contracts amount to 2100g-3500g. Since the Gems can be sold for atleast 5000 each, that's a 1500g-2900g profit for doing nothing.
Therefore, don't sell your Trade Contracts for anything less than 700g. That way, they will break even if they are trying to scam you.
There are lots of quests in Vabbi for Trade Contracts. Turn them in for Gems for your armor, or sell them for 700g. But don't undercut yourself.
Akhilleus
honestly, thats not a scam.
thats just people not being aware that theres a price difference. if anyone doesnt bother to check, it is their fault.
that having been said, its always good that someone posts this kind of thing, so that the general public knows not to make the mistake.
thats just people not being aware that theres a price difference. if anyone doesnt bother to check, it is their fault.
that having been said, its always good that someone posts this kind of thing, so that the general public knows not to make the mistake.
diablo96789
Thanks for the warning
Doomlord_Slayermann
Quote:
Originally Posted by Zinger314
There's a new scam going around in the Kodash Bazaar about the Trade Contracts (and as you all know, I've been in the Kodash Bazaar too long. )
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Anyways, this is definitely something that everyone should know about - but there is already a thread here for in-game scams.
perfect
Thanks for the info, just made it into Bazaar today and saw people wanting to buy them for 200g. I was going to trade mine in for a Sup Salvage Kit or I might have sold mine. Now I know I can get some gems!
Former Ruling
Not a Scam, but I warn people anyway.
Simply playing off people not knowing the worth of these is not "scamming" in that sense, its bad business morally...but noone cares about morals in a game :\
Simply playing off people not knowing the worth of these is not "scamming" in that sense, its bad business morally...but noone cares about morals in a game :\
EternalTempest
I was wondering why there was a high demand for them.
I've seen people try and make it 500 gold.
I've seen people try and make it 500 gold.
Kidney Licker
I normally just spam WTS trade contracts for 1K each as a bit of a joke, when I see the WTB for 400g. Or I'll go WTB 410g each. Then they might go WTb 420g , then I go WTB 430g, ...etc.
Phoenix Arrows
Thanks for the warning. Not that far yet, but I'll keep it in mind.
Legendary Shiz
That's not a scam at all imo.
That's kind of like troll tusks used to be. Where you literally just buy them and trade them to collector for a profit without really having to do anything. Not a scam.
That's kind of like troll tusks used to be. Where you literally just buy them and trade them to collector for a profit without really having to do anything. Not a scam.
Akhilleus
Quote:
Originally Posted by Former Ruling
Simply playing off people not knowing the worth of these is not "scamming" in that sense, its bad business morally...but noone cares about morals in a game :\
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not a scam, but you wouldnt geta seal of approval for great business practices for it.
arcanemacabre
I love the people selling "Swamp Flowers" for 100-300g in Kamadan. Oh yeah, because walking right outside the zone from the Astralarium and picking one off the ground in a 2 second trip is a service! /sarcasm
eVeRt
Thanks for the warning indeed. I've not come that far but thankfully I saved my trade contracts.
Linksys
Thanks for the warning, much appreciated.
|pyro|
Am, and where is the scamm, I only see ppl seling items for an agreed ammount of gold.
Yanman.be
There's scamming, and there's taking advantage of people. This thing, is the latter of the two. It's his/her own fault, they should've check prices...
Anarkii
Same as monastery credits/imperial commendations. Not a scam in any way. People who do only a couple of quests to get 2-3 letters, and dont care about the armor or jewels can get a quick buck this way, and often sell them.
But yes, being informed is always good - probably should change the thread topic to reflect that.
But yes, being informed is always good - probably should change the thread topic to reflect that.
trielementz
Should the price of the trade contracts be tied to the purchase price of the gems? Seems to me it should be pegged to the sale price of the gems instead. Pedantic I know, but still...
Tainek
Quote:
Originally Posted by Zinger314
There's a new scam going around in the Kodash Bazaar about the Trade Contracts (and as you all know, I've been in the Kodash Bazaar too long. )
7 Trade Contracts, given from quests in Vabbi, can be traded to a Vabbi Trade Official for a Ruby/Sapphire/Diamond, which are necessary for the 5k Vabbi armor. (That's why they are 5k at the Rare Material Vendor. Very high demand.) Not many people know this. Thus, you can see a scam waiting to happen, similar to the Imperial Commedations in Factions. I've seen many people offer 300g-500g per Trade Contract in Kodash Bazaar. 7 of these contracts amount to 2100g-3500g. Since the Gems can be sold for atleast 5000 each, that's a 1500g-2900g profit for doing nothing. Therefore, don't sell your Trade Contracts for anything less than 700g. That way, they will break even if they are trying to scam you. There are lots of quests in Vabbi for Trade Contracts. Turn them in for Gems for your armor, or sell them for 700g. But don't undercut yourself. |
this=! Scam, people really need to think before they speak
this is just common buisness, buy low , sell high
if you offer to sell your car for 2K, even though i know i can get 40K for it, would that be a scam? of course not, and this is no different
(and yes, that means buying black dye for 1g isnt a scam either, get over it)
Zinger314
Quote:
Originally Posted by Tainek
this=! Scam, people really need to think before they speak
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Yeesh. You people are discrediting the entire problem just because I called it a "wardrobe malfunction" instead of "Janet's Jackson's boob fell out."
nugzta
Some people just dont know what scam is. If 2 people agree on set price, thats not scam. Scam if 2 people agree on the price but in the end the person cheat (say using plat-gold trick) thats scam.
I suppose if I bought greens at normal price not knowing double green drop weekend coming (which will greatly affect the price) means I have been scammed. What a stupid thread this is.
I suppose if I bought greens at normal price not knowing double green drop weekend coming (which will greatly affect the price) means I have been scammed. What a stupid thread this is.
Ellador Nae
Hardly stupid! Now people know the real worth of those items.
Doesn't matter if you call it a scam or not.
And I never understood why people buy Imperial Com., Monast.Credits, Hydra Claws etc. - never cared actually. But whenever I see hoards of "WTB all your..", I most definitely won't sell my stash right off the bat, before I know what the deal is.
Doesn't matter if you call it a scam or not.
And I never understood why people buy Imperial Com., Monast.Credits, Hydra Claws etc. - never cared actually. But whenever I see hoards of "WTB all your..", I most definitely won't sell my stash right off the bat, before I know what the deal is.
Feurin Longcastle
Even if it's not a scam in the classical sense, it's something that players should be made aware of. I don't see it as any different as those individuals who go to pre-searing offering to buy black dyes for chump change. To claim it's simply good business is ridiculous; the dye trader will always give them far more for it. They're preying on other people's inexperience. It's immoral if nothing else.
Sidra
Quote:
Originally Posted by Zinger314
A scam is explicitly manipulating the uninformed. Now you are informed.
Yeesh. You people are discrediting the entire problem just because I called it a "wardrobe malfunction" instead of "Janet's Jackson's boob fell out." |
DFrost
Not that a video game has anything to do with stock markets, just throwing some random thoughts in the air here:
At least here in Finland there is a clause that can render a contract null and void if one side of a trade has information that gives him/her an unfair advantage over the other side. So if I had inside information that company X is going to make huge profits over the next accounting period and I bought said company's stocks dirt cheap from clueless person Y, Y could file a claim against me later and win.
At least here in Finland there is a clause that can render a contract null and void if one side of a trade has information that gives him/her an unfair advantage over the other side. So if I had inside information that company X is going to make huge profits over the next accounting period and I bought said company's stocks dirt cheap from clueless person Y, Y could file a claim against me later and win.
SirErnieMacGloop
OK, to make everyone happy here is a suggestion for the title of the thread:
'Warning! Check the prices of gems before you sell your trade contracts.'
Somehow I think using the word 'scam' is more of an eye-opener/attention getter than the above. Either way Zinger gets the point accross simply and elegantly. For those arguing semantics, meh.
Thanks for the GW public service announcement Zinger.
'Warning! Check the prices of gems before you sell your trade contracts.'
Somehow I think using the word 'scam' is more of an eye-opener/attention getter than the above. Either way Zinger gets the point accross simply and elegantly. For those arguing semantics, meh.
Thanks for the GW public service announcement Zinger.
Sid Soggybottom
Dude, so many of you are missing the point. Zinger is doing a good thing here informing that people are trying to cheat people out of their potential gold and sapphires/rubies. Who cares that he calls it a scam? And those people blaming the victim? Not everyone knows everything about the game that there is to know.
Yawgmoth
This is not a scam, just as WTB'ing anything for a very low price isn't.
A single Trade Contract isn't worth 1/7 of a ruby to someone that won't get another 6 of them. So if a person doesn't want to get more of them and the single one is just taking his storage space, selling it for 500g is a much better alternative than exchanging 1 for a salvage kit or other crap. those NPCs are real scammers
Anywyay merch buys gems for about 3500 so thats even anywyay.
A single Trade Contract isn't worth 1/7 of a ruby to someone that won't get another 6 of them. So if a person doesn't want to get more of them and the single one is just taking his storage space, selling it for 500g is a much better alternative than exchanging 1 for a salvage kit or other crap. those NPCs are real scammers
Anywyay merch buys gems for about 3500 so thats even anywyay.
kimahri
Zinger, I think I might have seen you warning people in that small town above Kadash Bazaar (don't have the game here and don't remember the name). Ty for the warning anyway.
Bale_Shadowscar
Ok does it matter if its a scam or not?
The point is now you all know what the value of a Trade Contract is worth, without having to work it out yourself when someone says "Can I buy your trade contracts for 400g each?"
The point is now you all know what the value of a Trade Contract is worth, without having to work it out yourself when someone says "Can I buy your trade contracts for 400g each?"
Mr. G
Quote:
I love the people selling "Swamp Flowers" for 100-300g in Kamadan. Oh yeah, because walking right outside the zone from the Astralarium and picking one off the ground in a 2 second trip is a service! /sarcasm |
Now if i see anyone trying to sell them I simply spam
"Free Swamp flowers, equal to a random vail of dye!"
the conmen soon shut-up
Sarevok Thordin
It's another way for me to annoy people (i.e inform people in the same room as the guy trying to get the contracts)
Alias_X
Not a scam, but thanks for the warning.
Saphrium
This is not a scam, plain and simple, knowledge is power, without the knowledge of market price, you will not get a good deal for your stuff, plain and simple.
Scam has to falsely discredit the opposition, by what zinger said, most pawn shops and antique dealers in the world are scammers.
Scam has to falsely discredit the opposition, by what zinger said, most pawn shops and antique dealers in the world are scammers.
Doomlord_Slayermann
Regardless of whether this is a scam or not, it is something that everyone should be aware of. The argument about whether or not it technically is a scam is pointless, and I really don't understand why we're having it.
Zinger314
Well, it seems natural selection is taking its course. Many people in Kodash Bazaar are now warning people about the...uh..."trick," and there's often a huge debate whenever anyone tries to buy Trade Contracts cheaply.
Count to Potato
scam is manipulating money out of someone else, if they seell for 500g everyone makes a profit
Narutoscryed
I belive we may need the dictonary refference to the term scamming as a sticky on this forum.. because alota folks seem to think smart buisness = scam..
I once asked to see a persons item that they had for sell.. it was a req 9 15^50 chaos axe.. i was very interested and asked the price.. he said offer.. i said 50k
he accepted my offer.. and i got the axe for 50k
He later pmed me back saying that i scammed him because he did not know the real value of the item he was selling... but that is his fault not mine.. so i made money off his lack of knowlege.. unfortunatly that is smart buisness not scamming..
had he not been such a duech about it i would have given him the axe back with a refund.. be he threatend to report me.. and called me all sortsa names.. so im enjoying my chaos axe still to this day.
I once asked to see a persons item that they had for sell.. it was a req 9 15^50 chaos axe.. i was very interested and asked the price.. he said offer.. i said 50k
he accepted my offer.. and i got the axe for 50k
He later pmed me back saying that i scammed him because he did not know the real value of the item he was selling... but that is his fault not mine.. so i made money off his lack of knowlege.. unfortunatly that is smart buisness not scamming..
had he not been such a duech about it i would have given him the axe back with a refund.. be he threatend to report me.. and called me all sortsa names.. so im enjoying my chaos axe still to this day.
Jesse
This is no scam, its a mere sign of how stupid people can be.
-Loki-
Quote:
Originally Posted by Sidra
and faggot means a pile of sticks. Definitions change, and in the case of GW, it usually means using some trick to "scam" gold off of people (switching in trade, crazy crap like that).
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