Confusion about currency market
Maybe I'm just dumb, but the way I understand it, you can't "browse" offers like you do on trade, you simply put out an order, which is being fulfilled by someone else putting out an order without seeing yours, right?
But it is mentioned somewhere (can't remember where) that the trade goes to the more advantageous ratio, correct? But advantageous for whom? Let's say we have the following orders placed: Player A: Buy 1 Div, Sell 90C Player B: Buy 1 Div, Sell 100C Player D: Buy 1 Div, Sell 110C Player E: Buy 100C, Sell 1 Div Player F: Buy 120C, Sell 1 Div If we consider what is best for player B for example, the best ratio is from player F since he is getting 120C instead of 100. However, for F the best ratio is from A, whom he'd only have to pay 90C to in order to get the div. Will B be matched with E automatically just because it's the exact same ratio? My confusion is mostly regarding the "most advantageous" offer. I really don't understand how this will work. My bad if this is explained somewhere - if so, please redirect me. Last bumped on Jul 23, 2024, 7:19:26 PM
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I had the exact same thought buddy no worries. Also you should check the fixed cost for auction house thread too for even more problems I spotted.
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I would assume it searches the database for the exact directional trade YOU are offering re: "best offers".
Ex: If you are trading YOUR chaos for THEIR divines, then the "most advantageous" offers will be whatever has the highest percentage on the trade market as if you selected YOUR chaos for THEIR divine. It is basically exactly the same as using the trade site...only automated with %'s. Advantageous for whom? This is irrelevant. The only menu items you are seeing are YOUR side of the trade. You don't see both sides, and you have never seen both sides even through normal trade. That's PoE Ninja shenanigans, not trade. Further ex: If you are trading your own chaos to divines, the only "ratio" that matters is Chaos to Divine. The reverse of that, divine to chaos, can be wildly different values (and pretty much always is), but that doesn't matter because that isn't what you are trading. This has always been the case as far back as trade has existed in the game. The CE doesn't change this.... Literally right this second: on trade, Chaos to Divine first ratio is 120:1. Divine to Chaos is 1:145. They are completely different trades. The value and ratios come from which direction of the trade is more popular and needed, almost always the smaller currency to the bigger currency. Last edited by jsuslak313#7615 on Jul 23, 2024, 4:50:56 PM
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Also, the trade doesn't just "go to the most advantageous".....YOU still select the ratio you want to trade. It doesn't happen automatically, the interface just shows you popular choices.
Even automated, the seller and buyer have to agree on the trade (re: ratio). If not, it doesn't happen lol. You don't just put in your divines and hope for the best. Last edited by jsuslak313#7615 on Jul 23, 2024, 5:03:55 PM
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Don't put in a ratio you're not prepared to pay
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" Except it doesn't work that way anymore, because the currency market requires input from both sides in order to make the trade happen. Which means, someone has to place an order for Chaos to Div, and someone else needs to place Div to Chaos, and the ratio needs to be - the same, ideally(?) - for that to happen. This is kinda the question - there are 2 possible outcomes. Either: 1. Trade can only happen at the exact same ratio - which would be logical, but it would probably result in very slow order completion - or 2. Trade can happen even if the ratio is not exact. Which begs the question, if one player is selling 100C for Div, and a second is selling 150C for Div, who will I be buying from if I sell 1 Div? Will it favor me and match me with the 150 trade, or will it favor the first seller - in this case the guy that sells 100C/Div and match me with him? Neither of these alternatives seem good to me tbh. Since I can't see orders on the market, I can't pick one and say "this is who I want to trade with" In the reveal https://www.youtube.com/watch?v=QFVLcNTXtxM&t=2307s&ab_channel=PathofExile Mark says at 14.13, quote - "Faustus will make the trade happen for you so long as there is someone selling on the other end for the same rate OR LESS" (I was wrong at first, thought he is saying "for the best rate" - hence the advantageous part. Not sure about this "selling for the same ratio OR LESS" - less on which side? Theirs on mine? If I put up 1 Div for 100C but the max ratio posted is 90C, will the sale automatically happen? This would be kinda f*ed up, since maybe the initial poster never wanted to pay 100C in the first place? The market can be manipulated SO easily using this. If it's the other way around, and I put up 1 Div for 100C, but the lowest amount is 120C:1Div, then it would make sense for me to get 120C for the Div, since the worst ratio seller is effectively willing to pay me MORE than I asked for. This does make sense in the context of only 2 sellers, but what happens when there are many orders at many different prices? Who will be matched with whom? If there's a 80:1 offer and 120:1 and I post 1:100 while other people may have orders ranging from, say 1:50 to 1:150, who will I get matched with? Will the system prioritize same ratio trades? |
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Ok I actually went back and checked both videos, and in the second one it apparently does show you the best ratio (smallest price) currently posted.
So I guess that sort of solves the issue. My bad, I really hadn't noticed it before. @jsuslak313 my understanding was that it does happen automatically (since they said that it can happen while you're offline and also that some people will prob put their div for 1c by mistake). Meaning, there's no prompt to accept the trade ratio after the initial posting (not sure if this is what you were referring to) Last edited by Felix44#4475 on Jul 23, 2024, 7:22:04 PM
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