Scroll Price Guide (closed)

I do study economics, and when theres no substitute for a product theres no such thing as 'natural deflaction' or 'no one purchases them', thats the case of the shield matk 70%. We cannot consider the 60% one as a true substitute since its 'drop' rate is much lower and its price is more than 200% superior.

If no1 sells lower than 35m people are forced to buy it, even more when this topic regulates 99% of the croll prices in game... I sold more than 10 scrolls or 37/38m, so i dont consider it as a 'desperate move'. 35m seems the right price for it.

ALSO, scrolled shields price went like 40 or 50% up, my 30 tma shield cost me 1b last year, now its worth 1.5b or so...

 

60% and 70% are substitute goods by definition because they do the exact same thing with slight differences. Price and availability have nothing to do with whether something is defined as a substitute or not. The way substitutes work is, if we use our 60% and 70% examples, are if the price of one goes up, demand for the other increases because it is cheaper. So if 60%s are priced higher than the market rate and 70% are at or lower than market rate, people will buy more 70%s.

Also, any good that is not completely inelastic (so virtually every good) has natural deflation when demand goes down. If no one is selling or buying the scrolls for 35m then the onus is on the sellers to change the price, because they're pricing above equilibrium. A completely free, competitive market doesn't always have to go up, it has fluctuations depending on both supply and demand. When demand falls, so do prices. And since the market in maple is more free than any market you'd find in real life these factors hold fairly true.

Finally, you make a large assumption when you say this thread regulates 99% of scroll prices. This thread is reactionary, not regulatory, therefore it updates based on what the market believes is a fair price, not what Plenty decides the price is. That becomes obvious in the last two weeks before he updates, when the prices are a bit off compared to the guide.

In regards to rapidly rising scroll prices, that can be affected by a single person buying up those scrolls and using them. I think that's @rewyuio 's point. I know when I've scrolled things I increased a scroll price temporarily, then when I was finished the price went back down. Because of the temporary increase in demand at the time prices go up, but once demand regresses back to the mean prices go back down.

 

I do agree with some points. I dont think this is more reactionary than regulatory and i also think theres more desperate moves on the ones who sell rather the ones who buy, which will affect the prices. The market in this game is too unstable.

 

How is it not reactionary? @Plenty lists the prices as they are in the market at the time. The market price is set first, then the price in the guide. This guide may have slight regulatory affects, sure, but only among those who don't regularly watch the market. Not to mention that a total of 341 users have clicked on this thread, that's about half of the total people online, on average, at any given moment. If this thread were to have the affect you claim, virtually everyone who buys and sells scrolls would use it as their scroll price Bible rather than simple guidelines.

In my experience, extreme low prices have less of an affect on prices than extreme high prices. If something sells at 5% below market rate people will assume they're desperate or don't know prices, and will be less likely to lower their own prices. If something sells high people will see an oportunity to raise their own prices to try to get in on the added profits. So although sellers may make more desperate moves, some of those moves are disregarded. In a perfectly competitive market, which we're as close as you can get to one, the buyers have price setting power.

Also, our market is pretty stable overall. If you understand seasonal trends.

 

i think cape int 60% is at least 5m? at least that's what i've been selling them at for the past 2 weeks. also saw someone say they were buying for 4m and selling for 6

 

I could see it going for 5. Demand is wonky for these.

 

10% may be worth more... when i put them at 1m they were gone really fast, so i upped it to 1.3m and someone bought them up that day, then 1.5m and sold overnight
sorry i mean 10% wand. didn't notice i didn't type "wand" when i posted this zz

 

How come these prices are more accurate than the other price guide's?
What's with this monopoly?

PS - I do not know the correct definition of the word "monopoly"

 

@Ferencz Check this

 

Thx for the guide! Really helpful for me! <3

 

Two cents from a newbie, being someone who has just joined the server (literally a week) I'd like to say that this guide is a life saver, I do not have much time to monitor the market price nor the people to ask around so this served well. Thanks to @Plenty and just a side note, perhaps an update? <3

 

I'll be updating it in two days. This week has been a bit hectic for me.

 

Looking forward to it!
One more thing, sorry forgot to mention in the previous reply, mind adding Pet equip scrolls? Have plenty but do not know if i should dispose or sell.

 

Dispose of them. They aren't worth very much if at all.

 

I think I've sold Pet Equip for Speed 60's for anywhere from 200k-500k depending on demand so it might be okay to put those up there. However, the rest are indeed worthless. 60's are decent though. Sometimes they sell better than gun attack 60 or dagger attack 60.

 

Agreed. Try your luck with that amount. I've gotten kinda numb to selling scrolls for anything lower than 1m because that's what I mainly focus on when I update prices.

On that note, feel free to post any changes you feel that have changed in the month or so.

 

@Plenty

Topwear for str 30% really jumps up and down. Sometimes there's 0 on the market, and you'll easily sell them for 8m rather than the suggested 3m

 

I've seen them for 2-3m way too often enough to warrant a change.

 

Edit

I sold this today.

 

so usually i price my scrolls a bit lower than what's stated in your guide to sell things quicker. i used to sell 60% staff for 2m but decided to do 2.5m like your guide says, and they always sell first. so i tried 3m and it sold as well. although i only had one, i think it might be worth that much seeing how quickly ones for 2.5m sell
edit: sold a couple more for 3m