Please explain how sweat is priced

[cash888]

While in EU, I see people wanting to buy sweat for 0.65. How much ped do I get if I sell 1k sweat based on the quoted price? Is the calculation 1,000 x .0065 = 6.5 ped correct?

Also, how much ped should I reasonably get if I sell 1k sweat?

Thanks.

Cash888

[The Elf]

your calculation is correct, but to sell at that low of a price is a bit rash.
most people consider .7 or .8 to be a reasonably 'fair price' at the current time, but to be honest, the sweat market fluctuates, and you may well find yourself having to drop your prices to some low extremes to find buyers since MA removed the sweat cap.

[itree]

The fair price of sweat is dictated by the price of Mind Essence (ME) and Force Nexus (FN). In order to make ME, used to fuel Mind Force chips, you refine equal parts sweat and FN, so the fair price of sweat can be deduced as follows:

(Price of ME) - (price of FN) - (cost to refine) - (commission to sell) = (value of sweat)

Currently price of 1 unit of ME is about 2 PEC, FN sells for roughly 1.2 PEC a unit and it costs 0.03 PEC to refine (using TT refiner). Commission is either auction fee a bit more than 5 PEC per bottle, or a similar markup to street traders. So as of now a fair price of sweat would be 0.7 - 0.75 PEC per bottle, or 7 - 7.5 PED per 1,000 bottles.

Hope this helps,

[actam]

yep. And MF seems bugged so the prices of ME will drop for some time.

[Count0]

Originally Posted by cash888

While in EU, I see people wanting to buy sweat for 0.65. How much ped do I get if I sell 1k sweat based on the quoted price? Is the calculation 1,000 x .0065 = 6.5 ped correct?

Also, how much ped should I reasonably get if I sell 1k sweat?

Thanks.

Cash888

1st, wellcome to this forum!

most prices are calculated in PEDS (Project Entropia Dollars).. however some prices (fruits, sweat) are calculated in PECS (Project Entropia Cents)..
100Pecs=1Ped
so 0,65 for sweat would be 0,65 Pecs or 0.0065 Peds
also 1,5 for fruits would be 1,5 Pecs or 0,015 Peds
however tt+5 for a pixie set would be tt+5 Peds (tt is the basic value of evry item in game, wich u can get if u sell that item to a tt-trade terminal)...

hint: there are some excelent tutorials on this forum, I strongly suggest take your time and have a look on them.. those tutorials and a good mentor will save u A LOT of time and A LOT of Peds...

[Serenity Fire]

but isnt there people at port atlantis selling sweat at 0.50 wouldnt it be better since prices of me is going up roughly for 1k me its 22 to 26 ped if new people sell it for just one standard price like 1pec a bottle if ya add that up comes to 10ped per 1k i have a friend in game she sweated like hell just to have a noob lower prices wen she selled it so she just went ok al give ya 2k for 15 ped and the noob werent happy my friend has like 7k sweat skills

[Count0]

Originally Posted by actam

yep. And MF seems bugged so the prices of ME will drop for some time.

.. please let`s stay on topic and just help the thread starter.. let`s not make from this another thread about sweat price...

[Zetanian]

Originally Posted by Serenity Fire

but isnt there people at port atlantis selling sweat at 0.50 wouldnt it be better since prices of me is going up roughly for 1k me its 22 to 26 ped if new people sell it for just one standard price like 1pec a bottle if ya add that up comes to 10ped per 1k i have a friend in game she sweated like hell just to have a noob lower prices wen she selled it so she just went ok al give ya 2k for 15 ped and the noob werent happy my friend has like 7k sweat skills

7K sweatskills?
Does he still have eyes?...Or sanity?
I dont believe it 7K is insane...

On topic: What determines sweatprices? Supply and demand...

[cash888]

Thank you all for the informative answers. Much appreciate it.