Prices of Ectos being controlled?

#1 - March 15, 2013, 2:56 p.m.

As of this writing the prices/bids of ectos seem to be blatantly manipulated. Either the same person or group of persons seems to be keeping the sell price/bid within 20c or each other. I am pretty sure that this is illegal in the real world.

This the BLTC seems to be modeled after the real world market my question is…Why is Anet allowing this to happen?

Are they turning a blind eye to this?

Are they not aware of this?

Would like to add that this is not the only item this is happening with…or course.

John Smith

#36 - March 15, 2013, 4:50 p.m.

24 hours, >150,000 ectos, > 9500 unique sellers.

John Smith

#49 - March 15, 2013, 5:42 p.m.

Pedra.4381:
It’s only game, set, match if the final data is provided that substantiates that the control of ectos is not controlled by a small minority, i.e., 2 guys could have traded 140k of those ectos with the remaining 10k being squabbled over by the 9498.

Stats can be used to prove or disprove anything (often the same thing). It’s all in how you present it. Not saying that’s the case here, but just saying.

A minor distribution breakdown.

John Smith

#156 - March 22, 2013, 7:14 p.m.

As a quick aside I ran the numbers by day on the maximum and minimum prices ectos sold are per day for the first two weeks or so of the month. Remember that this is the theoretical MAXIMUM profit percentage one could make at the tipping points, not including the tiny quantities as the maximum prices and a million other things:
Day MaxGain
1 13.03%
2 11.95%
3 13.87%
4 9.30%
5 10.98%
6 10.00%
7 11.21%
8 10.51%
9 11.28%
10 10.24%
11 6.94%
12 9.09%
13 9.87%
14 11.22%

You’ll notice that it never break 15%

John Smith

#160 - March 22, 2013, 7:39 p.m.

I tried it with larger time periods, but the quantities at each price point needed to be accounted for in a moving subtraction, it would take more time than I currently have.