Get Rough Oortstone Back To 350c

So yeah :roughoort: Rough Oortstone costs a small fortune these days.

Together could we reduce the price?

I’ve been selling at 350c recently but goes fast of course.

  • Yes
  • No
0 voters
2 Likes

I sadly think it’s so expensive, purely because nobody wants to go hunt, compared to how many portals we all have…

Genuinely think one of the best ways to reduce the price/toll on players, is by the devs increasing the efficiency of the fuel to make portals last longer.

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I am part of the reason your cheap ones are going so quickly, and am very grateful when I find them. I really like the meteor surrounded by shop stands. I also jump through the portals you have to go visit other builds too :slight_smile:

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Glad that you are getting it as I know you don’t hunt. Opposed to someone just buying and then selling at the high price it’s at right now.

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Yeah true hunts can be time consuming not everyone has a spare couple of hours in one go.

Would be cool if the devs could do something to slightly help out. Gleam club members should be getting a default amount of Oort per month for sure.

My thinking is if every joins in and sells at 350c then eventually the buying prices of 1000c+ would fade out. Understand those selling at 1000c would probably like to keep it that way though.

Glad you managed to grab them. Maybe we need a members only area where cheap Oort is sold for those that need it.

Oh thank you I got that Idea from MLG Palace outside their shop they have a meteor thought it would fit well in the Mob Drops Store.

Thank you for using the portals and for the footfall.

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Yeah that would suck but not much we can do there unless a members only area was setup so players could grab cheap oort off market.

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Unfortunately, it seems the price has stabilized at this higher price so it would be very difficult to lower the price artificially unless someone really rich were to take a huge loss by selling it so low, and even then would it really remain that low or would it zoom back upwards. If there is an economics major in the house that may make an interesting study on manipulating the market…

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Here’s an idea, if your store sells Oort at 350c I will give you x amount of coin per month. Not sure what the x would be though.

I see consistent hunts like every day. I know the timing can be an issue but there are a few people that have them very regularly on the Hunt bot… An hour here or there during the week can easily keep portals going.

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Long way to 350c.

Kind regards,

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I physically can’t hunt, but I appreciate those who do, and I appreciate even more those that put some out at low prices every now and then.

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Wow, request baskets that full of coin at 800-900c each, hard to pass that up over selling it in a shop so much lower

I personally like to use it as a building material… Which also doesn’t help lol

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I think a better strategy is to gradually lower the price. May 50c a day.
Or flood the market with it, since there is a shortage, when the stock builds up, the price will naturally fall.
The problem is that the buyer’s volume is 2x bigger than the seller’s.

Kind regards,

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The only way to forcefully lower the price is by overflowing the market. The only reason the prices are this high is because someone caused a shortage. Prices soar when there is a shortage.

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I understand that can be hard… There might be some that are willing to let you still show up from time to time because they allow ALTs and I’ve seen hunts that had people with second accounts sitting there - it creates more Oort on the meteor. Some groups need healers or others that just provide help how they can. You’d have to see which hunt leaders might consider that.

I can think of a way to settle this, but it would probably not be well received.

We come together as a community and force the price to be lowered to 350c. We refuse to buy/sell at the higher price and blacklist those that do.
We keep it up to force the price to stay constant. Those against can fall in line or be ignored.

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Flooding the market is usually the way to do it, but you’ll need a minimum of ~120k rough oortstone to do it, and probably a lot more. BUT, since we are such a small community, there is a possible way. You need 6 specific people to agree to it, along with a minimum of 10k oortstone and 2k oort shards. You can reference @ciprianb’s screenshot above to help visualize some of the steps below.

Step 1: There are only 4 “major” buyers of rough oortstone above 400c right now. The first step is to be in contact with all 4, and see if they are all willing to agree to set their buy price to 350c for at least one week. These buyers are: Hunters Supply, AluTech, Mit, and Sydney Supplies.
Step 2: Oort Shards. To prevent someone being motivated to buy a lot of cheap oortstone, craft oort shards, and sell them for very high, you need to reach a similar agreement with the 3 “major” oort shard buyers too for 25-30c. These buyers are: campKool, World Hub Circarpous I, and AluTech.
Step 3: Mini-flood the rest of the small buyers with the necessary 10,327 rough oortstone and 2,016 oort shards, at the time of this post. Alternatively, reach agreements with the largest smaller buyers to reduce the amount you need to sell. PALACE, for example.

NOW, at this point, in theory the oortstone buy market will not have a single ask over 354c, nor the oort shard market over 30c.

Step 4: Arrange several shops to sell oort for ~400c. Make sure to have plenty on hand to restock. Many people may get excited and buy it all, not realizing this is an attempt at a new norm.
Step 5: Be prepared with excess rough oort & shards to continue flooding the smaller buyers until they run out of money or realize they can set their price lower. Catching them online and letting them know then can reduce their price would be ideal.

However, I see at least 4 potential risks here, and feel free to bring up others. The first 3 risks are pertinent to any proposed way to bringing oort prices down.
Risk 1: As we know, all it takes is one person with a lot of coin to buy out everything and simply sell for much higher again. If we drop the oortstone price down to 1/3, the risk is amplified greatly. A disgruntled oort seller might just want the market higher again and do this. There may simply be too much coin in people’s hands these days for this to work.
Risk 2: Hunting, right now, is somewhat lucrative. Dropping the oortstone price significantly decreases the value appeal of hunting. Potentially fewer hunters mean less mob drops being hunted and sold. Maybe very few people hunt for coin anymore anyway, I really don’t know. But it’s a risk.
Risk 3: Some (not all) may realize they can have a lot more oort for cheaper, and say, “Hey! I can have a bunch more portals now!” All that will do is increase demand for oort on an already strained economy with relatively few hunters. Higher demand + same/fewer hunters = higher prices
Risk 4: After the aforementioned agreed upon week has elapsed, buyers may simply compete against each other to outbid and prices will climb again.

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Then I guess it all boils down to:

  • we need more players, then it will balance itself out.

Kind regards,

3 Likes