[Suggestion] Cancel function for the "Market"

[Guest]

Hey,

I have been surprised that I couldn't cancel my order on sale in the "Market". Could you improve this function ?!

ex: I sell 9500 at 1caps; a commission of 10% = 950caps

Also for cancelling an order : the broker could take off 5% to cancel the bid.
Modifying the price of our order : - 50 caps

[Guest]

i like this idea even thou i bearly sell to the market

[Guest]

I'm not sure.

If you make it cheaper to change prices or cancel and order, you're making it easier for people to start with a really high price and walk it down. From a game design perspective my instinct would be to discourage that.

It tends to lock the market up so potential buyers come in, see nothing at a price they want, and go away without making a transaction. Better to make sellers think they have to go low or they'l get stranded. That way you get the tension between "do I price low and get a definite sale, or do I price a bit higher and risk wasting the fee?"

And of course if there was a Buyer market (which I support) then the same would be true there. Of course they would need a "cancel" button since you can't necessarily fill your own order, but I wouldn't want any fee refund or discounted price change because I wouldn't want buyers to start unreasonably low and walk it up.

[Guest]

It is not the interest of everyone to get price low. Most of people believe that for making money you just need the "Cost of the goods". A market is always lock by older and wealth companies, but one thing is sure many companies don't make one caps of profit at the moment ...

I guess that many companies are selling under price, they forgot Goodwill so for the moment it is the buyer which is in favor.

Ex, I read this in general staff:

Germany:
Germany is the largest economy of Kapiland. So lets begin with it.
In Germany, there is really weird situation. German people demand Eggs as much as they demand Gas: 13.045.160 units. Supplied amount of Gas is over 5.5 million units, but the supplied Eggs are barely near 20.000???? And you know what? Those 20.000 units supplied are only averaged on quality 1 and sold for 4.82 c.. For smart minds there seems to be an oppurtinity?? Upon a calculation even if you source your corn and water outside the cost of an egg for you should not be more than 1 caps. And since there is no quality competition in the market with one day of research you jump ahead of the quality of the market and sell your eggs more than 5 caps.. do you know what does that mean? 80% of contribution/profit margin.. Or if you dont want to do anything and deal only with your groceries.. hey there is q4 eggs in the market for only 3 caps!!!!

Most of people think it ... but the forgot that they spent money for an investment / building a factory.

Egg :

0,5 kg Corn + 1 Liter of water

+ Goodwill of the Cattle ranch. Which isn't not 80% of profit but less that he is expecting...

The formulas is : Operation Cost of the goods / (Investment / number of goods) = Final cost of the goods



An other example, that I know because I bought a well to decrease my price. (big mistake when I saw the price on the stock exchange)

Investment : 180 000 caps
Operational cost : 0,01 / liter
Purchases : 0,1 kWh for 1 liter (actually at 0,08 for 1 kWh in Mauritania)

For 1 liter :

0,1 kWh + Operational cost + Investment => 0,008+0,01+180000 = 180000,018 caps

For 100 000 liters :

100 000 (0,1kWh + Operational cost+ Investment) => 181800 caps => 1,818 caps / unit

So, I have to produce 3 600 000(*) liters before to get my first cap back!

180 000 / (selling price on the market- Operation cost) or margin

I am not able to produce such amount of water ... before a long period (and I took the lowest cost ...)

PS: Water price estimation integrated in a supply chain.

*********************

You can also create a script which for nobody is able to cancel is order before 12 hours or 24 hours. That solve a part of your problem.

[Guest]

Hey,

I have been surprised that I couldn't cancel my order on sale in the "Market". Could you improve this function ?!

ex: I sell 9500 at 1caps; a commission of 10% = 950caps

Also for cancelling an order : the broker could take off 5% to cancel the bid.
Modifying the price of our order : - 50 caps

Actually, You can buy your own product from the market and it wouldn't cost anything except the Sales Commission you have payed.

And i like your Idea about giving 5% of your commission back when you cancel the bid but, I rather they decrease the sales commission when you sell Item to the Market. Because i think 10% is too high.

[Guest]

So, I have to produce 3 600 000(*) liters before to get my first cap back!

180 000 / (selling price on the market- Operation cost) or margin

I am not able to produce such amount of water ... before a long period (and I took the lowest cost ...)

PS: Water price estimation integrated in a supply chain.

Yeah, I built my well in Oman, and I'll have to produce over 4,000,000 units of water before I start getting any cost benefit from the well, and it will take about 20 days to get there. And if the water costs 0,08 c/liter, the well will produce a profit of at most 514 c/hour (ROI/24h of 4.6% for a fully paid-for plant at the market price of 0,08 c/liter). After 130 days of production the ROI/24h is almost 4%...

Powerplant in Mali looks much better: breakeven at under 10 days and maximum ROI/24 h of 9.4% at 0,08c/kWh. ROI/24h of 4% is reached after 16 days, and 7% after 36 days.