Seeing as how the most fun I’ve had with an economy in any MMO (including EVE!) is WildStar (maybe because of its simplicity?) it only feels right to start a regular monthly column on my antics within the game. I thought I’d share with you some research and theories I’ve confirmed within the game. A few areas of public knowledge (at least on my server Rowsdower) seem to be poorly understood by the population at large (or perhaps people just don’t care?). Regardless, for those of you economically inclined I’ve lined up a few areas of importance I thought I’d underline and clear up;
The Commodities and Auction Houses are cross faction.
Thats right folks, you’ve been buying and selling with the enemy. Why did this misconception exist? Perhaps its the long standing background people have with World of Warcraft and how they segregate the factions? I don’t know. I do know this.
To verify my theory, I recorded the starting point both in price and quantity of a commonly purchased commodity, Tier 5 Ore aka Galactium Chunks. I swapped over to my alt ScroogeMcDuck and discovered a similar series of numbers for both price and quantity available. Coincidence? Perhaps. So early in the morning when the vast majority of the server was asleep I purchased a small percentage of the available market inventory as a test case.
Guess what? 953 ore remained at 18.15 silver. On both factions.
Pretty conclusive evidence in my eyes. It perhaps indicates that Carbine was concerned about the possibility of faction population imbalances. Instead of one side of the server being poorly stocked and easily manipulated they expanded the market to both factions. While this gives less overall quantitative markets for me personally to manipulate, it does allow for lesser populated factions to have a more stable and well stocked marketplace. Think of this as a sort of galactic welfare for the minority population on your server. Pretty smart eh?
UPDATE: I was challenged in the comments section about the Auction House not being linked. This was a simple check from my end. I have screenshots taken to prove they are in fact linked, just like the CX!
Cancelling Sell or Buy Orders is Expensive!
Not sure if you knew this but cancelling a buy or sell order actually costs you money. I recently have been duking it out in the markets securing raw materials for my money making needs. As someone outbids me on buy orders (they list a buy price 1cp to 10 silver more than my orders…another discussion entirely) I re-list my buy orders above them. Its been costing me money, but in the end I usually come out ahead. How much does it cost me? Well the price depends but its typically 2% or 5-silver, whichever is greater.
The moral of the story is to be careful when playing the markets, you can end up significantly impacting your profit margins by constantly re-listing to be on top or bottom depending on your angle.
Cancelled Buy Order Cost: 32g 2s
In this instance it costed about 64 silver to cancel this order and relist it (technically more because the relisting also costs near that much). Its a harsh lesson if you’ve been trying to sneak into a specific aspect of a market. Keep in mind too that the Commodities (CX for short) market is about bulk purchases. If you create a buy order for 1 item worth.. lets say 3 silver. Its costing you 8 silver to create that buy order for a 3 silver item. Remember that the minimum is 2% of the total purchase price OR 5 silver whichever is greater. If you are going to use the buy or sell orders, make sure it makes sense to do so. Sometimes the buy now price makes more sense when you take this into consideration. Buy or Sell now transactions do not incur a transaction fee (the buyer or seller incurred them for you)!
While this wraps up my July entry of the Nexus WildStreet Journal, I hope you’ve learned something today. Be careful what you list on the markets! Your enemy is watching (any maybe outbidding you!) 3;>