Oct 28th 2010 10:57PM This! But it is not just glyphs. Everyone with half a brain knew the glyph market was coming. There are other markets in which speculators have made decent money for quite a while; since these columns started, many of those have been undermined and essentially no longer viable.
Everyone jumps in on the deal of the day and the market crashes. The opportunity winds up not being there because of the sheer number of people that try to capitalize on the supposed niche. The cyclic trend of weekend warriors only serves to lengthen the time frame of the crash.
So I ask again, as I mentioned before, is the new speculation 'game' that of identifying markets that won't be covered in Gold Capped or Insider Trader? Seems that way to me...
Please teach us thread police: Frugality and Pyro.
Oct 28th 2010 5:20PM @Frugality
Personal assaults aside, I believe that being gold capped on multiple toons before the change means that I probably know a little bit about this game of WOW money.
To get to your argument, my post was not a rant. At the heart of it is that let my competition be the other competitors with the foresight, research, and investment skills be my competition.
The 'niche' now, is 'what will become profitable that won't be posted on the Gold Capped article.' If that is what it takes to be a "real" player of the game, to use the information sources of an OP/ED article and beat the artificial, new competition, then the speculation aspect is made that much less fun and interesting. I don't think that I'm alone here in wanting him to SHHHHHHHH and pipe down on certain aspects that some of us took the time to identify and research. Post hints, just don't let the entire cat out of the bag. That undermines reasoning and intelligence.
If, on the other hand, I'm competing against other true competitors in the game world with foresight, research and the wherewithall to burst into some niche market, then it is extremely enjoyable and more power to the competition. My only complaint is that efforts that might take weeks or month to prepare for 'X' given niche has been compromised by articles that appear the night or week before the market would have come to fruition.
I supposed I'll concede this point as a new challenge, because I like the author (even though he buys achievements), and I must accept that this column is a new piece of the puzzle, frustratingliy so.
Oct 28th 2010 3:46PM As a major player in the market and one of those 'competitors' - I find that your articles have a significant impact on things that I have speculated or deduced based on series of observations about changes that are coming into the game.
By doing some reading and taking the time to figure out that next thing that will have a small window of profit, I believe that I've earned the right to reap a piece of that reward. Your articles, however, spread that info to people that would never had A) taken the time to figure it out or B) got involved in the area in the first place and thus, it undermines the work or speculation that goes into achieving large gains in a market. This issue is particularly true in markets with short time windows for return.
So while I hear you on the one hand talking about magician's secrets, it's not that it's a SECRET, it's that it does take a bit of knowledge and research, and then a degree of speculation and capital to invest or not invest in a given area. Your articles have absolutely ruined multiple aspects of that part of the game, and I find that discouraging.
While I'm not a stock broker or economist, if a stock was going to likely increase significantly, but there was a constant whistle blower with a huge audience on such things, you've ruined the chances of people who might have been counting on that stock spike. You'd also have a lot of angry investors out there...
So, tone it down some, you're cutting into my efforts at reaching the new cap. :) You remove the fun from speculation when every Tom, Dick and Harry can read the info tailor made to the issue.
Nov 24th 2009 5:09PM Kite please