Market Caclulations
by Sandy, June 21 2005

Falling Prices: Use this form to determine how long it'll take your item to fall from one price to another. If you list an item for less than the current cheapest offer, the market system starts the price of your item at the same price as the cheapest item then drops the price by 10% of the current amount each minute. The answer to the question of how long it will take involves a logarithm calculation... and honestly now, who really remembers those? Save yourself the trouble and just enter the current and target amounts in the form below then click Calculate Wait Time.

Buying Items Early

When you buy an item that is still falling in price (that is, the market price of the item is still greater than the sellers actual asking price), you will actually be removing silvers from the Larkinor economy. This may not matter to you, since the item will still cost you the exact price you agreed to pay, but the seller will only receive 50% of the difference between what he was asking and what it actually sold for.

For example, a seller wants to list an item for 100 silver, but the current cheapest price on the market for that item is 1000. When the seller lists the item for 100 silver, the market system forces it to be listed at 1000, but the price will fall by 10% every minute. Let's assume a buyer decides to purchase the item while the market is still listing it as 1000. That buyer will pay the full 1000 silvers, but the seller actually only receives 550: the asking price for the item (100 silver) + 50% of the temporary markup (50% of 900 = 450 silver).