Honorchamp - It talks about bids.....what the heck is a bid??? there are no bids in the game. It is not a price bid that is not what they are referring to so what are they talking about? I have offered licenses for sale and bought them and have never seen this anywhere.
First stage
""" The most cheap go first at the price of seller on account of the most expensive applications, provided that price is within set my Customer maximum limits. """
- What does this mean?? on account of the most expensive applications???? what the heck does that mean??? What does it mean by "set MY Customer maximum limits"??? None of this makes any sense at all. I am even more confused after reading the wiki.
""" The most cheap go first on account of the most expensive applications at the average price between sellers and customers."""
- What does this mean??? again talking about some applications??? What the??? and when it says the most cheap go first, does it mean the sell offer or the buy offer??? it doesn't say. The most cheap what???
Second stage
All the offers, left after the first stage are considered. The most cheap go first on account of the most expensive applications at the average price between sellers and customers. ((( All the sale offers?? or all the offers to buy??? it doesnt say, if I can maybe get this it seems to say the cheapest sale offer goes to the buyer who offered the most money so its like backwards. If you bid-offer the most, you get it for the least. WIERD. Can this possibly be right somehow? An opposite system? Then it says at the average price so if someone is selling a tech for 100,000 and a buyer bid-offers 200,000 then it sells for 150,000. Is this right? And is this a competitive offer or non competitive???? Again it doesn't say.
"" All the offers, left after the first stage are considered. The most cheap go first on account of the most expensive applications at the average price between sellers and customers."" then it goes on to say its not average at all, that the most expensive supply offer gets no sale at all. What the???? This example also shows TONS of demand applications which never happens. Lucky if there is 2-5 on mary for the most popular.
Okay after reading this about 40 times, I am getting this GUESS. Is this how it goes??
Stage 1. Buyer offers 10,000. Seller selling for 12,000. This means no one gets anything. Right???
or - stage 1. Buyer offers 10,000, seller selling for 9,000, so it gets sold for 9,000. Right???
If there are 2 customers 1 offering 5,000 and the other offering 10,000, and 2 sellers, the 1st offering for 6,000 and the 2nd offering for 9,000, the 10,000 guy gets it for 9,000 and the 5,000 guy gets nothing. Is this right??
How is anyone supposed to figure this out?
Stage 2 seems to be exactly the same as stage one when I read it, but then again stage 1 makes no sense. Stage 2 leaves nothing for the guy with the expensive offer, even though it says the offers are averaged the highest buy going to the lowest ask.
This is even worse than the market being ruined by noobs posting for $1,000.
Buy/sale offers are also referred to as applications or bids.
"Most expensive applications" are the highest buy offers.
"MY Customer maximum limits" are the sales conditions you select when offering the license for sale. Possible translation error, makes more sense if "maximum" is changed to "minimum".
The cheapest sale offers are the ones that get sold first.
The most expensive buy offers are the first to get their order.
"the cheapest sale offer goes to the buyer who offered the most money. If you bid-offer the most, you get it for the least."
Risk VS reward. You could get it very cheap but if someone else bids slightly more it could end up being very expensive.
Stage 2 is "with trade" sales. Sale price is the average of buy offer + sale offer, provided buy offer is higher.
eg, buy - 20,000, sell - 15,000
Sale price is 17,500
"Stage 1. Buyer offers 10,000. Seller selling for 12,000. This means no one gets anything. Right???"
Right
"or - stage 1. Buyer offers 10,000, seller selling for 9,000, so it gets sold for 9,000. Right???"
Without trade - yes
"If there are 2 customers 1 offering 5,000 and the other offering 10,000, and 2 sellers, the 1st offering for 6,000 and the 2nd offering for 9,000, the 10,000 guy gets it for 9,000 and the 5,000 guy gets nothing. Is this right??"
Sale offer of $6,000 goes to the buyer offering $10,000 - price depends with or without trade.
Sale offer left is $9,000, buy offer left is $5,000 - no sale.
"How is anyone supposed to figure this out?"
Reading, trying and asking questions.
First and second stages are "without trade" then "with trade", third stage is all the uncompetitive offers (average price of all stage 1 and 2 sales).
To make big money with tech you NEED a high tech level. Within one or two levels of TOP, even then it is not guaranteed.
To make mediocre money you need to sell techs at a price that buyers will pay, preferably techs that no-one else is selling.
To make any money at all with tech you need patience, the demand for tech on English realms is not huge. |