Monday, September 30, 2013

Character Bazaar

Turning all of our assets into liquid took a substantial amount of time. Most of us were still trying to test things and see if anything could be done with the contract market to continue the West and Grey trick. With faction items eventually being added to the market interface those ideas were dashed against the rocks.

So here we were with a slowly growing pile of liquidity and no real way to reliably invest it well. Eventually we looked to the character bazaar since not only could you tie up a good amount of liquidity but you could also get a decent return. Getting a character for 11b and then fixing it up for a month or so to resell at 14b was a 1.5b profit after plex and transfer costs, so over 10% return. It was also very viable to just speed train tengu capable characters to sell for 1-2b profit or so per toon.

Kwark eventually took over a large section of the high sp and capital/supercap toon market using the X Atm092 character. He had a number of interesting incidents where people would either refuse to sell to him or try to trash talk him because he generally resells the characters he gets. In nearly all cases he would just wind up buying the toon anyway using an alt. Most of his toons were either quick flips resold as is for a larger amount of isk or fixer uppers that he needed to keep for a month or more to get things like triage or t2 siege.

Meanwhile, we also had a short stint of printing bhaalgorn bpcs in NPC delve. Unfortunately that wasn't really profitable compared to our WG/Character Bazaar standards but it did give us something to do in the meantime while we waited for CCP to screw something up or see if we could stumble on another reasonable source of income.

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