Is it a form of scam ?
For me, definitely yes.
What do you think ? How some people became insanely rich ?
Buy low - Sell high
Lady Cream
Tiq
I wouldnt say its a scam, I mean as long as theyre honest about the price theyre willing to buy or sell for, theyre not really scamming anyone.... Its the same with runners, I mean sure It can be irritating to see low levels paying to be run everywhere instead of playing the game, but I wouldnt call the runners themselves, scammers.
Makkert
buy low sell high a scam?
Is this the Off Topic and Absurd forum I'm reading?
*checks*
Nope, just someone that has a problem with economic principles.
Is this the Off Topic and Absurd forum I'm reading?
*checks*
Nope, just someone that has a problem with economic principles.
Numa Pompilius
No scam, unless you're tricking newbies out of black dye in pre-searing.
chippxero
I buy low in lions arch most of the time knowing that i can get more for the item, but i don't see this as me scamming someone.
I won't normally make offers on items, i'd much rather buy at a price thats set by them as this way i don't bid to high and they get what they think is fair for the item.
People don't have to sell items if they don't want to.
I won't normally make offers on items, i'd much rather buy at a price thats set by them as this way i don't bid to high and they get what they think is fair for the item.
People don't have to sell items if they don't want to.
aron searle
I can sell an axe lets say 15^50 for....
A. for 15k in 5 minutes
or
B. 60k in 20-30 minutes
(theoreticly, lets not nitpick at prices,times)
I choose A, but im not getting cheated, its not a scam.
A. for 15k in 5 minutes
or
B. 60k in 20-30 minutes
(theoreticly, lets not nitpick at prices,times)
I choose A, but im not getting cheated, its not a scam.
Xenrath
It depends how low you buy for and if you're knowingly taking advantage of a newcomer e.g. buying black dyes from someone for 100gp. Then you're being unscrupulous.
Yichi
Its called active trading. Knowing when to spot a good deal and when to resell it for higher. I do this a few times when i need money and have a few items that i have bought either unid'd or found someone selling for cheap just to get rid of it.
youll be suprised how many people will sell things for less that what they *could* get for it because they despise the current trading system.
youll be suprised how many people will sell things for less that what they *could* get for it because they despise the current trading system.
AxeMe
Quote:
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Originally Posted by MistressYichi
youll be suprised how many people will sell things for less that what they *could* get for it because they despise the current trading system.
|
In the game, I often willingly sell an item for less, or pay a little more than the normal price, just to get the trade done and to move on with the game.
dawnrain
Is it a scam? It depends on your economic perspective. For most buying low and selling high is the norm.
If weapon mod merchants with fixed buy/sell prices were in the game, would it be a scam then?
If weapon mod merchants with fixed buy/sell prices were in the game, would it be a scam then?
The New Guy
If you think that buying low and selling high is a form of scam, then my friend, you are being scammed every single day of you life. For example, when you buy some gasoline for your car and say you're paying $2.35 a gallon, do you think they pay the same as you do when they buy gasoline from some companies? No. They pay for it cheaper then sell it higher so they can make a profit. That's how it basically goes with everything else.
***End of Transmission***
***End of Transmission***
Greygon
First off, buying low and selling high is NOT scamming in any way. If you offer someone something and they accept your offer or you meet their low asking price you are being a wise purchaser.
Sir Skullcrasher
Quote:
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Originally Posted by MistressYichi
Its called active trading. Knowing when to spot a good deal and when to resell it for higher. I do this a few times when i need money and have a few items that i have bought either unid'd or found someone selling for cheap just to get rid of it.
youll be suprised how many people will sell things for less that what they *could* get for it because they despise the current trading system. |
Now i upgrade my Chaos Axe with 10/9 AP on it and it work really well for me.
hidden_agenda
why is this even a thread?
no buying low selling high is not a scam.
however, purposely selling / buying something at beyond its reasonable value (like selling a collector item for 100k) is a scam.
if just buying low and selling high is a scam, then the game merchants and traders in are the biggest scammers, not the players. think about it -- go and buy a superior salvage kit, how much did you pay for it, and how much is the merchant willing to buy it back for....
no buying low selling high is not a scam.
however, purposely selling / buying something at beyond its reasonable value (like selling a collector item for 100k) is a scam.
if just buying low and selling high is a scam, then the game merchants and traders in are the biggest scammers, not the players. think about it -- go and buy a superior salvage kit, how much did you pay for it, and how much is the merchant willing to buy it back for....
Monica Angelina
How can something just about everyone (adults, I suppose, mostly) do every day be considered a scam?
If you don't buy low and sell high in the stock market, you'd be a fool! :P And no, not a "motly" fool, but a poor one w/o any prospect of retiring comfortably on your own 401k plan.
If you feel that you've (willingly at the time) sold something to someone for too low of a price (no you are not being scammed), then do your homework and know what the going rates are for things and not do it again. The person didn't put a gun to your head and said you have to sell it (a crime, not just a scam). I suppose GW is a good tool to teach children about these facts of (real) life.
If you don't buy low and sell high in the stock market, you'd be a fool! :P And no, not a "motly" fool, but a poor one w/o any prospect of retiring comfortably on your own 401k plan.
If you feel that you've (willingly at the time) sold something to someone for too low of a price (no you are not being scammed), then do your homework and know what the going rates are for things and not do it again. The person didn't put a gun to your head and said you have to sell it (a crime, not just a scam). I suppose GW is a good tool to teach children about these facts of (real) life.
Maddie
Quote:
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Originally Posted by MistressYichi
Its called active trading. Knowing when to spot a good deal and when to resell it for higher.
|
DSey
What constitutes scamming to me is: tricking new players out of their valuable items for low prices because they don't know what it's really worth and then selling it for much more only because you do know what it is worth.
Like, telling them their req 12 14^50 Chrystalline, they got from a friend who quit the game, isn't worth more than 100k because it has a high req and imperfect damage mod. Players who don't have some knowledge about items and the basics of trading are very easily blinded by you placing a bid that surpasses anything they've ever had combined. And I don't see that as their fault for not 'doing their homework'. But hey, I guess some players have no idea what integrity, honesty and decency are really about.
Like, telling them their req 12 14^50 Chrystalline, they got from a friend who quit the game, isn't worth more than 100k because it has a high req and imperfect damage mod. Players who don't have some knowledge about items and the basics of trading are very easily blinded by you placing a bid that surpasses anything they've ever had combined. And I don't see that as their fault for not 'doing their homework'. But hey, I guess some players have no idea what integrity, honesty and decency are really about.
Yichi
hell we were bored last night after a successful fissure run, so a guildie and i went to int. augry rock d1 to watch the monk circus..... he happened to score a 15>50, req 9 feathered longbow for 4k.......just have to know where to go for deals and what not
Ruin
Capitalism is a scam now. Huh.
Who do I report this to? Sounds like something even Anet can't handle...
Who do I report this to? Sounds like something even Anet can't handle...
Mordakai
Quote:
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Originally Posted by DSey
Like, telling them their req 12 14^50 Chrystalline, they got from a friend who quit the game, isn't worth more than 100k because it has a high req and imperfect damage mod. Players who don't have some knowledge about items and the basics of trading are very easily blinded by you placing a bid that surpasses anything they've ever had combined. And I don't see that as their fault for not 'doing their homework'. But hey, I guess some players have no idea what integrity, honesty and decency are really about.
|
And if all I want is 100k for it anyway, how am I getting ripped off?
dansamy
Quote:
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Originally Posted by MistressYichi
Its called active trading. Knowing when to spot a good deal and when to resell it for higher. I do this a few times when i need money and have a few items that i have bought either unid'd or found someone selling for cheap just to get rid of it.
youll be suprised how many people will sell things for less that what they *could* get for it because they despise the current trading system. |
)
robertdyne
Scam? nah. Alwas remember the phrase "caveat emptor"
Yichi
The only time i ever felt like i scammed someone was during a trade in post searing ascalon. i was there transfering things for a friend to his new ranger from his primary to secondary account and saw someone wanting to trade a razorstone for 3 black dyes. i jumped all over that, but then felt bad and worked out an exchange where i got him som better armor at yaks bend and helped him with all the missions and quests until then
828168
Quote:
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Originally Posted by Lady Cream
Is it a form of scam ?
For me, definitely yes. What do you think ? How some people became insanely rich ? |
Tarot Ribos
Quote:
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If you think that buying low and selling high is a form of scam, then my friend, you are being scammed every single day of you life. For example, when you buy some gasoline for your car and say you're paying $2.35 a gallon, do you think they pay the same as you do when they buy gasoline from some companies? No. They pay for it cheaper then sell it higher so they can make a profit. That's how it basically goes with everything else. ***End of Transmission*** |
To the O.P.: All tomfoolery aside (lol, I said tomfoolery), we're talking economics here. If you don't like Capitalism move to... I dunno... China, I guess.
But if I might ask... what would you consider to be an ideal trading system, if buy low/sell high is seen as scamming? I'm just wondering what you think the alternatives are.
Tetris L
"Buy low, sell high" is a basic principle of capitalism. Hey, even the NPC traders do it! I don't have issues with it.
Personally, I don't give a rat's ass about all the trading and farming. I am so annoyed by all the WTS/WTB spam that I keep local chat turned OFF at all times. I've sold dozends of purple and even gold max dmg weapons to MERCHANTS for a few bucks just because I can't stand the trade crap.
Personally, I don't give a rat's ass about all the trading and farming. I am so annoyed by all the WTS/WTB spam that I keep local chat turned OFF at all times. I've sold dozends of purple and even gold max dmg weapons to MERCHANTS for a few bucks just because I can't stand the trade crap.
Maxiemonster
Depends. Some people just need to get rid of the item, and don't feel like waiting another 3 weeks to get it out of their storage, so they sell it way below what it's worth, that's not scamming. Though, if you buy something for a very low price from someone that doesn't know what the hell his item is worth, it's kinda scamming, though, I don't mind, most people would do this, and if I got a nice item for a really low price, I would buy it too.