Weapon Prices are Falling! [Day 1,489]
JmanTizzle
Food
Q1: .53 (Up 4% from yesterday)
Q2: 1.01 (Up 2% from yesterday)
Q3: 1.58 (Up 6% from yesterday)
Q4: 2.08 (Up 2% from yesterday)
Q5: 2.48 (Down 4% from yesterday)
Weapons
Q1: 5.30 (Down 2% from yesterday)
Q2: 10.09 (Down 4% from yesterday)
Q3: 15.86 (Down 1% from yesterday)
Q4: 20.88 (Down 5% from yesterday)
Q5: 27.92 (Down 1% from yesterday)
What I Think
The food prices are rising quite fast, 6% for Q3 food? That is a little steep, even though it is only a .09 dollar raise on the price, it can stack up in the long run if you buy Q3 food. I would recommend if you buy the upper quality food, buy Q4 not Q3, but Q5 is going down 4% so stack up on that as much as possible.
Weapon prices are falling! Down 4% for Q2 weapons. The price was 10.44 but now its 10.09! That is amazing! Q4 weapons are down from 21.99 to 20.88! I mean, that is just an amazing price, get as much of these weapons as you can, but for the Q3 and Q5, I would wait and see if they fall any farther.
Feedback
I would really love some feedback from you guys, it would mean a lot to me. Tell me about what you think will happen or if you wish the price of food would drop, tell me about if this paper has helped you at all.
Vote and Subscribe, it would mean a lot to me.
Comments
I think we all would like to see an updated graph every day as well. We all like pictures!
also watch out for big price gaps. People like to sell small amounts for cheap really quick especially at the beginning of the day. Those low prices could sell out in minutes. Already Q2 weapons are up to 10.95. Q3 - 16.25. Q4 - 24.00 to 23.00(there are still big price gaps here). Q5s stayed pretty much the same though.
Other than the big differences in price this time this is a good idea. I think we are about to need a new market reporter anyways.
http://www.erepublik.com/en/article/1925212/1/20
vote sub
Nice graphs.
sub 😃
v + s
Sometimes it is helpful to look at what else is going on in the economy as a way of making recommendations on how the prices might move. For example, as we gain or lose resources, the supply/demand situation changes. Sometimes the adjustments are sharp, but sometimes they can take a couple of weeks to fully adjust. So a few weeks ago we were at a single food resource and no weapons resources. We then went to 3 food resources and 1 weapon resource, went to 2 weapon resources, then to 3, then back to 2, then back to 3 again, then finally to four the other day. I've been around long enough to observe the price adjustments every time this happens. Food is still adjusting downward in my opinion. Weapons ought to continue adjusting downward as long as we maintain 4 weapon resources. I'm fairly uncertain how long that will be as one good RW will cut us down to 2. This is something to watch closely.
Making recommendations for buying food should really consider the amount of health you get per unit of food. All of those prices are reasonably close together, but in your chart, buying Q5 food makes the most sense. People generally don't go to the market and think, I only have 2.3 USD to spend on food what do I get? They go to the market with the idea of picking up 300, 500 or 1000 health, and the real question is which of the 5 provides the most savings. These prices tend to bounce up and down accordingly. For weapons, there's really no reason to buy anything other than Q5. If you only have a Q2 weapon manufactory, you can sell the Q2 weapons on the market and buy Q5 weapons that will generate more influence than if you simply used the Q2, so that's a no-brainer. Price on Q1-4 are really about people setting a price on their weapon relative to everyone else and the buy-bot. Q5 weapons always seem to sell pretty fast.
I hope that helps.