MyTwoPecs.com - PE Economy feeling Bullish

[Devil Doll]

The best PE site to date. THis is exactly what we need and furthermore, it would be incredible if MA had this same sort of information ingame.

I would love to see the stock market come to life with this sort of info. Gah, the ideas are flowing, but, I will resist. As I know I have subjected this forum to my ingame Stock Market ideas before...

DD


EDIT: A few examples incase anyone is interested...

Stock Market

Its Here ....

[Skam]

veeeery nice! rep for you! I bookmarked it

[MindBuster]

In cooperation with Obselov the MTP ticker has been added to the EntropiaForum frontpage

[Shadow-Ale]

Awesome MB, very practical.

[Wren]

I have a concern.

I have just thought of a way to use your site to artifically inflate prices.

If player x keep prices high on objects and they didn't sell they aren't included into your market watch.

I am wondering if you thought about this case.
Player x is trying to inflate the market. So he sets the price on GSI to 120 Peds. Now under normal circumstances. If the price is too high people will not buy.
However, Lets say that Player x gets player y to to buy his item for the inflated cost because they are working together. This will register as a sale and be included in your data. Now player x and player y can do this for multiple GSI and skew the data that you use for your system.

Do you have in place anything to detect this type of artifical price tampering?
Like a check for a high devation from normal price.

I love the sight. I am just concerned about people who figure out ways to abuse the market. It isn't illegal in game to manipulate market, but we have to be able to protect ourselves and our interest.

I mention this because It looks like there is a player attempting to do this right now. Someone has bought alot of GSI and set them to the price of 120
other people are starting to follow suit. Last week the price of GSI was on a decline it was around 80 ped. There have been no significant changes in the game to cause this jump (prices usually go up after a VU). I believe this is an attempt to artificially inflate GSI prices. *hopes I am not cring wolf*

[ObseloV]

Hi Wren

Yes... in fact... in recent months, we have seen two distinct instances of abused prices (although the first is debatable):

The problem
1) Lysterium ingot - 2005/05/18 - Three purchases (214%, 220%, 195%)
Three purchases around 19:00 MA time, pushed the average price of Lyst from 146%, to 180%. Due to the high frequency of Lyst sales, the price was affected for three days.

2) Mind Essence - 2005/07/16 - 47500000% markup (1 unit)
This item, took 1.5 weeks to be shrugged off the private beta graphs, and of course, still features on the historical graphs.

Of course, the second item is immediately suspicious, since only one unit was sold at that price, which would be well below the ratio of units/sale of ME.

One solution...
In the new auction tracking code (which goes into testing on the production server tonight) each auction item has a toggle of "IsCorrupt". In cases where a specific auction item (as MA says "where the standard deviation is too high"***) goes through the roof (or drops through the floor), a bot can automatically flag the item as suspect (thereby disabling it), and as soon as a moderator has had a look, he/she can be approved the item (entering it into the history automatically) or deny it (which blacklists it permanently).

A history page on the front-site will be able to list all the suspicious items that appeared for a specific commodity, so peeps could look at these blacklisted items, and raise a flag in case it was not really corrupt.

For the moment, yes... this is a concern, and it will be abused. As with the previous incident of ME, (like I did on the private beta homepage), I'll post a warning notice on the MyTwoPecs.com page, and remove the *corrupt* commodity from any tickers that feature it.

GSI, GSI, wherefor art thou, GSI...
About an average price of tt+120 on GSI... any avatar that would want to abuse this item, would have to put fifty GSI's at tt+120 to affect the price to that point. It must be said however, that GSI has actually been over tt+120 recently, so I'm not sure that tt+120 is a suspicious price :P

GSI movement mid-May to July...

Click to enlarge

Note:
- Blue line is avg of last 50 on auction at that time
- Purple line is avg of last 200 on auction at that time


This avatar placing the items back on tt for 120... will affect all auction trackers, including MA's client loader prices (this is probably the stat this player tries to target).

We can probably raise awareness, and just be aware ourselves...

I must admit... the last GSI I had looted, was sold for tt+90, whereas the avg at the time was tt+80. Some avatars are happy to buy a slightly higher price on buyout, than paying the standard price. Question is... are they reselling it?

Lyst Manipulation - Nov 2004
I remember that in late November 2004, some sort of syndicate bought up all the Lysterium ingots they could buy. The price of Lyst jumped to 160% and higher, and stayed there until early January methinks. Once I've plugged some more historical data into the chart factory, I'd be able to prove this :P


Footnote
*** Deviation

Originally Posted by someone at MA

The average price per amount is shown for the top most sold items in the Project Entropia auction during the last seven day period. The percentage is the difference between Trade Terminal Value and Average Market Value. Items where the standard deviation is too high are excluded.

[Wren]

*cries tears of joy*

This is an awesome happening.

[Devil Doll]

Originally Posted by MindBuster

In cooperation with Obselov the MTP ticker has been added to the EntropiaForum frontpage

Thanks MB. Is it possible to have the ticker running all the time instead of starting each time you hit the main page? This way you wouldn't have to wait to see the items you want.

DD

[Runt]

Awesome Awesome Awesome!!!

That's all I can say. Great job Obs, and I love the ticker on the front pag MB.

I've given more +rep in this thread than I have for any other I think.

Awesome!

[MindBuster]

Originally Posted by Devil Doll

Thanks MB. Is it possible to have the ticker running all the time instead of starting each time you hit the main page? This way you wouldn't have to wait to see the items you want.

DD

Sorry no, not as it is now.

What you can do is place your mousecursor over the ticker and then right-click and choose "view source" (in IE, dunno what's it called in FF), that way you can quickly see the whole list. Try it out.