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S> Selling: 11ATT WG (SOLD)

Discussion in 'Free Market' started by VonBIT, Sep 20, 2015.

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  1. VonBIT
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    VonBIT Pac Pinky

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    Offer or pay A/W!


    A/W = 80mil
    C/O = 50mil
     
    Last edited: Sep 23, 2015
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  2. Redwine
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    Redwine Capt. Latanica

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    100m tho
     
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  3. Clown
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    Clown Zakum

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    Not bad normal wg 11 atk.
     
  4. Gang
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    Gang Timer

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  6. OP
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    VonBIT
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    VonBIT Pac Pinky

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  7. Doap
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    Doap Mixed Golem

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  8. OP
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    VonBIT
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    VonBIT Pac Pinky

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    Not sure if you're trying to say the C/O should be higher or lower? DoapDoap
     
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  9. Number32
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    Number32 Skelegon Retired Staff

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    Gotta hit them aswell.
     
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  10. Doap
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    Doap Mixed Golem

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    People have already passed 4 30%'s on items on this server. Yet someones paying out the ass for 1 30% and 4 60%s? thats a fuckin laugh. All I'm sayin.
     
  11. United
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    United Skelegon

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    .......
    for 11 att you need 30% + 4 in a raw 60%................
    not that easy, and ppl have very bad experiance with scrolling this shytys
     
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  12. Redwine
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    Redwine Capt. Latanica

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    Why don't you try making an 11atk wg with 45m and see how it turns out?

    usually, not well

    Just to put it into perspective, the chance of landing 1 30 and 4 70s on a glove is 7%. And that's using 70s, not 60s. Obviously that doesn't mean the cost of 11atk wg is (5+2*4)/.07, but it's harder than you think
     
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  13. OP
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    VonBIT
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    VonBIT Pac Pinky

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    Hitting a 10% and 4 60%'s in a row is extremely lucky. I've failed 21 10%'s in a row before on Guns. I could have easily failed one of the 60%'s and the price of this WG would've went from 50mil - 80mil to less than 20mil.

    There's barely any +11 ATT or higher WG's in existence right now from what I've heard from guild-mates, since that requires hitting at least one 10% / 30% and four 60% / 70%'s, since BWG are extremely scarce on this server. (a clean BWG sells for 25mil+ from what I've seen) The people who have passed 4 30%'s on items are using them on items that they can easily get more of and spam the shit out of. If BWG were more plentiful in this server, like they usually are on most v0.62 servers, then I'd understand how the price of the 11ATT should be lower. But because these BWG can't be farmed so easily, it's extremely hard to get good ATT gloves at the moment.
     
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  14. Redwine
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    Redwine Capt. Latanica

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    thats your problem. stop using 60s.
     
  15. Doap
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  16. Redwine
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    Redwine Capt. Latanica

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  17. United
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  18. Redwine
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    Redwine Capt. Latanica

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    All right all you non-believers, here is my valuation of an 11atk wg.

    Consider the strategy of getting a 3atk4slot glove, and 70'ing it until finish or boom.

    1. Probabilities
    With a 3atk4slot wg, if you use 70s until it booms or finishes, you have .85^4 =52% chance of finishing it, and thus 48% chance of booming.

    Given that it completes without booming, your distribution is
    • 11atk = (4 choose 0) * (.7/.85)^4 * (.15/.85)^0 = 46%
    • 9atk = (4 choose 1) * (.7/.85)^3 * (.15/.85)^1 = 39%
    • 7atk = (4 choose 2) * (.7/.85)^2 * (.15/.85)^2 = 13%
    • 5atk = (4 choose 3) * (.7/.85)^1 * (.15/.85)^3 = 2%
    • 3atk = (4 choose 4) * (.7/.85)^0 * (.15/.85)^4 =~ 0%
    Since you only have 52% chance of completion, your outcome distribution is
    • 11atk = .46*.52 = 24%
    • 9atk = .39*.52 = 20%
    • 7atk = .13*.52 = 7%
    • 5atk = .02*.52 = 1%
    • 3atk = 0%
    • boom = 48%
    2. Cost
    Start with a 3atk4slot glove. The break-even price of such a glove is (.6+.5)/10% = 11m. 0.6 is the cost of a clean work glove, and .5 is the cost of a 10% scroll.

    Since our strategy is to use 70s until it finishes or booms, we will use an average of (.15)*1+(.85*.15)*2+(.85^2*.15)*3+(.85^3)*4 =3.2 scrolls.

    so average cost of this strategy per "attempt" is 11+3.2*2=17.4m, where 2 is the cost of gfa70.

    3. Valuation
    Market prices are (10atk=30m, 9atk=20m, 8atk=10m, 7atk=7m, 5atk=1m?...anything below = 0).

    sum of your outcomes need to be 17.4m to break even, so...

    17.4 = .24x + .20(20)+.07(7) + .01(1), where x = breakeven price of 11atk wg.

    Solve for x, x=>53.75m.

    Surprise!

    4. Intangibles
    Usually scrollers take a margin on top of the break-even price, in compensation for the risk they assume in scrolling. Therefore you may even be able to justify a price even above the break-even price.

    However, work gloves are over scrolled and margins are VERY thin because everyone scrolls them, so around 53.75m is probably a fair price, given that my other glove prices are correct
     
    Last edited: Sep 25, 2015
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  19. United
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    United Skelegon

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    POWER OF MATH OnionF3
     
  20. Doap
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    Doap Mixed Golem

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    http://i241.***/albums/ff198/TridentRoche/l2fdwg1.jpg
     
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