General Discussion - Is currency flipping scamming? - Forum

If I sell a chaos orb for 80 augmentation orbs of 8 chance orbs then flip for profit from someone who does not know better, is this considered scamming? IGN: Arlianth Check out my LA build: 1782214	Posted by Nephalim#2731 on Nov 28, 2013, 10:34:24 PM Quote this Post
Of course not. GGG banning all political discussion shortly after getting acquired by China is a weird coincidence.	Posted by Xavderion#3432 on Nov 28, 2013, 10:36:39 PM Quote this Post
No but it's still scummy practice IMO. IGN: Caessa_Undying - 4 FPS Immersive Rain 4 Lyfe! Shop: http://www.pathofexile.com/forum/view-thread/822740	Posted by Caessa#1848 on Nov 28, 2013, 10:37:00 PM Quote this Post
" Xavderion wrote: Of course not. Even though 1 chaos is clearly less than 1 regret and 8 chance is clearly equal or greater than 1 regret? And also 1 chaos is roughly equal to 8 alts while 4 augs equals 1 alt? IGN: Arlianth Check out my LA build: 1782214	Posted by Nephalim#2731 on Nov 28, 2013, 10:37:42 PM Quote this Post
i always tell the correct ratios, its up to you if you want to do so.. would it be a scam if i buy a mirror of you for 1 alchemy because you didnt know better? actually no, but it is a dick move?`yes for sure :p " CharanJaydemyr wrote: NO it is not. For fuck's sake. Scamming and ripping someone off are entirely two different things. Scamming is a confidence trick, involving gaining someone's trust and then not delivering on what was promised, usually by some underhanded tactic. Swapping items during a trade is scamming. Ripping someone off, or being ripped off, is simply a case of price disparity. If I sell you a tv for twenty bucks and you see one for sale for ten the next day, did I scam you? NO. If that was scamming, then all pawn shops would be scammers. All shops, in fact, would sooner or later be scammers for having different prices to the competition. And let's not even get into the idea of wholesale vs retail. OH NO the shop bought this item for ten bucks but they're charging me FIFTEEN? WHAT THE HELL? And I am fucking tired of people not understanding the difference. Why are you making such a big wave? calm down, he is just asking and he doesnt say he got scammed and meant rippoff... " Nephalim wrote: " Xavderion wrote: Of course not. Even though 1 chaos is clearly less than 1 regret and 8 chance is clearly equal or greater than 1 regret? And also 1 chaos is roughly equal to 8 alts while 4 augs equals 1 alt? chaos = 8 alterations is a old ratio which does count for standard, regrets more worth then chaos counts only for standard too... its always demand and supply, thats all...if you feel like you ripping someone of, then you are ripping someone off...if it makes you feel bad, be honest and dont ripp people off...yes its that easy The elements are my allies. The dead are my servants. And fear...will be my closest friend. Deutscher Global Channel "/global 4745" Last edited by wisdorin#1020 on Nov 28, 2013, 10:41:43 PM	Posted by wisdorin#1020 on Nov 28, 2013, 10:38:09 PM Quote this Post
Wait, pawn shops don't try to scam people?	Posted by Powerturnip#5981 on Nov 28, 2013, 10:40:00 PM Quote this Post
" CharanJaydemyr wrote: NO it is not. For fuck's sake. Scamming and ripping someone off are entirely two different things. Scamming is a confidence trick, involving gaining someone's trust and then not delivering on what was promised, usually by some underhanded tactic. Swapping items during a trade is scamming. Ripping someone off, or being ripped off, is simply a case of price disparity. If I sell you a tv for twenty bucks and you see one for sale for ten the next day, did I scam you? NO. If that was scamming, then all pawn shops would be scammers. All shops, in fact, would sooner or later be scammers for having different prices to the competition. And let's not even get into the idea of wholesale vs retail. OH NO the shop bought this item for ten bucks but they're charging me FIFTEEN? WHAT THE HELL? And I am fucking tired of people not understanding the difference. Flipping for profit is how business works half the time. I am not talking about flipping items with variable values. I am talking about flipping currencies with exact vendor ratios or using an intermediary like a chaos orb to facilitate the process by taking advantage of a players lack of knowledge of the game recepies. IGN: Arlianth Check out my LA build: 1782214	Posted by Nephalim#2731 on Nov 28, 2013, 10:42:05 PM Quote this Post
" Nephalim wrote: " CharanJaydemyr wrote: NO it is not. For fuck's sake. Scamming and ripping someone off are entirely two different things. Scamming is a confidence trick, involving gaining someone's trust and then not delivering on what was promised, usually by some underhanded tactic. Swapping items during a trade is scamming. Ripping someone off, or being ripped off, is simply a case of price disparity. If I sell you a tv for twenty bucks and you see one for sale for ten the next day, did I scam you? NO. If that was scamming, then all pawn shops would be scammers. All shops, in fact, would sooner or later be scammers for having different prices to the competition. And let's not even get into the idea of wholesale vs retail. OH NO the shop bought this item for ten bucks but they're charging me FIFTEEN? WHAT THE HELL? And I am fucking tired of people not understanding the difference. Flipping for profit is how business works half the time. I am not talking about flipping items with variable values. I am talking about flipping currencies with exact vendor ratios or using an intermediary like a chaos orb to facilitate the process by taking advantage of a players lack of knowledge of the game recepies. All items in PoE have variable values, even those items you can trade directly with vendors. Since the act of trading them with the vendor costs time, which can cause the ratio when trading with a player to be different. "Danger is like jello, there's always room for more." http://www.twitch.tv/vejita00 Last edited by CliveHowlitzer#0568 on Nov 28, 2013, 10:44:24 PM	Posted by CliveHowlitzer#0568 on Nov 28, 2013, 10:43:42 PM Quote this Post
" All items in PoE have variable values, even those items you can trade directly with vendors. Since the act of trading them with the vendor costs time, which can cause the ratio when trading with a player to be different. You can not make a case a player would trade alterations to jewelers at any ratio other than 2:1 to a vendor simply because of the the time investment(which is still much less than trading with a player 3:1). There are indeed absolutes: 4 aug = 1 alteration 2 alterations = 1 jeweler 4 jeweler = 1 fusing IGN: Arlianth Check out my LA build: 1782214	Posted by Nephalim#2731 on Nov 28, 2013, 10:46:21 PM Quote this Post
Eh, not really. It's normally about convenience. For example, on Standard Exalts can be bought for 20 chaos or 35~40 fuses. Chaos's trade consistently for 2 fuses. I've bought a few exalts for 35 fuses, sold them for 20 chaos, and then bought 40 fuses for the chaos. Its also easier to move the Chaos's if your asking for the equivalent in alts/jewellers/fuses. Its by no means a scam, simply how patient people are to liquidate/exchange their currencies. I spend a little time hitting Ctrl-V while mapping and end up with 5 extra fuses after awhile. Now, people abusing vendor exchange rates, that is a whole other can of worms, and as I always warn new players, do NOT trade till you find out what these exchange rates are and at least an idea of current exchange rates for non-vendor exchange rates. Last edited by Moose65#0910 on Nov 28, 2013, 10:49:23 PM	Posted by Moose65#0910 on Nov 28, 2013, 10:47:37 PM Quote this Post