Captain
Join Date: Jun 2012
Posts: 1,105
# 11
12-11-2012, 02:26 AM
Quote:
Originally Posted by logicalspock View Post
I am not an economist, but I do know that according to the laws of supply and demand, in a free market, a scarce product cannot be overpriced. It is the exact price the market determines it is worth.

Maybe the exchange prices on certain items are more than you want to pay.

Overpriced for one person might not be overpriced for another. Especially if they have a ton of credits to burn.


Personally, I think if something has a given value of 10,000, and it's being sold for 1 million, it's overpriced.
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A Romulan Strike Team, Missing Farmers and an ancient base on a Klingon Border world. But what connects them? Find out in my First Foundary mission: 'The Jeroan Farmer Escapade'
Starfleet Veteran
Join Date: Jun 2012
Posts: 20
# 12
12-13-2012, 07:53 PM
TheTradingChannel currently has 245 subscribers over the course of the past 5 days, and continues to grow! thanks to Everyone for showing interest!
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Want an item, but can't afford the EC price? Join TheTradingChannel, and see if You can wheel and deal! TheTradingChannel, for all Your trading needs http://sto-forum.perfectworld.com/sh...d.php?t=479391
Survivor of Romulus
Join Date: Jul 2012
Posts: 466
# 13
12-13-2012, 07:57 PM
Sounds interesting. I'm accustomed to internal economy between a few associated fleets. Some external trading would be good. I will see about joining at some point.
Career Officer
Join Date: Jun 2012
Posts: 869
# 14
12-13-2012, 10:57 PM
Quote:
Originally Posted by grylak View Post
Overpriced for one person might not be overpriced for another. Especially if they have a ton of credits to burn.


Personally, I think if something has a given value of 10,000, and it's being sold for 1 million, it's overpriced.
Well, that is the whole basis of supply and demand. The demand for an item priced at 10,000 EC will be greater than for an item prices at 1 million EC. Supply and demand reach a price equalibrium and most of the items bought and sold will be within one standard deviation of that equalibrium point.

By the laws of supply and demand, nothing can be overpriced. If the laws of supply and demand hold, the price cannot be manipulated.

Now, certain very rare items could have their price manipulated and thus not be determined by the law. However, this is unlikely to be true of 99% of the items sold on the exchange.
Starfleet Veteran
Join Date: Jun 2012
Posts: 20
# 15
01-25-2013, 02:25 PM
TheTradingChannel is now at 500 members and continues to grow! Thank You to all who helped make it grow.
-------------------------------------------
Want an item, but can't afford the EC price? Join TheTradingChannel, and see if You can wheel and deal! TheTradingChannel, for all Your trading needs http://sto-forum.perfectworld.com/sh...d.php?t=479391
Captain
Join Date: Jun 2012
Posts: 514
# 16
01-25-2013, 02:33 PM
People saying 'I don't want to gouge, unlike the exchange' don't make any sense.

What's stopping you from listing something at a lower price?
Starfleet Veteran
Join Date: Jun 2012
Posts: 20
# 17
01-25-2013, 02:40 PM
Quote:
Originally Posted by zahinder View Post
People saying 'I don't want to gouge, unlike the exchange' don't make any sense.

What's stopping you from listing something at a lower price?


Nobody said there's no gouging. In fact, TheTradingChannel is a place to go to find better deals than the exchange. What We are saying, is the channel is a good resource if You're looking to barter for an item if You have an EC cap, or low EC but rich in items. There's deals being made all the time.
-------------------------------------------
Want an item, but can't afford the EC price? Join TheTradingChannel, and see if You can wheel and deal! TheTradingChannel, for all Your trading needs http://sto-forum.perfectworld.com/sh...d.php?t=479391
Captain
Join Date: Jun 2012
Posts: 514
# 18
01-25-2013, 02:42 PM
Several posters commented that they didn't want to sell on the exchange because the prices are too high.


That doesn't make sense.

If you aren't saying that, I'm not referring to you.
Lt. Commander
Join Date: Aug 2012
Posts: 112
# 19
01-25-2013, 04:16 PM
Quote:
Originally Posted by grylak View Post
Overpriced for one person might not be overpriced for another. Especially if they have a ton of credits to burn.


Personally, I think if something has a given value of 10,000, and it's being sold for 1 million, it's overpriced.
No. If something has a "given value" (given by whom, by the way?) and it is being sold for 1 million (an actual sale, not just being listed for sale at 1 million), then its value is 1 million between the buyer and seller and the "given value" is ridiculous and should be ignored.

Or do you think that the 10 or so Very Rare Mk XII Field Generator on the exchange that everybody in the game should want should be sold for 10k ec, because that is about what you can vendor it for?
Career Officer
Join Date: Oct 2012
Posts: 96
# 20
12-23-2013, 03:55 PM
is this channel still going? If so, can I get an invite? Thanks
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