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Market Research
Posted: Thu Aug 16, 2012 11:44 am
by UnlinkedEel72
I would like to know the prices for the following things,
Double chest of Coal
Double chest of Redstone
1 Diamond
1 stack of Diamonds
Double chest of Wood Logs (Oak)
Double chest of Lapis Lazuli
1 Stack of Gold Ignots
1 Stack of Iron Ignots
Re: Market Research
Posted: Thu Aug 16, 2012 12:24 pm
by eah
You're not gonna get exact prices as prices are not set. They fluctuate. Below are some ranges I came up with.
Double chest of Coal: 2700 - 8100
Double chest of Redstone: 270 - 5400
1 Diamond: 60 - 130
1 stack of Diamonds: 3800 - 8300
Double chest of Wood Logs (Oak): 2700 - 8600
Double chest of Lapis Lazuli: 5400 - 21600
1 Stack of Gold Ignots: 570 - 1400
1 Stack of Iron Ignots: 300 - 500
There are methods for determining a very well rounded price without witnessing trades. You can follow the 4k per hour rule (maximum profit one can earn by mining netherack). Then, you can test the most efficient method of gaining a material. If it were diamonds, you'd be strip mining. You'd price the diamonds to earn 4k in an hour.
Re: Market Research
Posted: Thu Aug 16, 2012 3:31 pm
by The-Jack-DeCk
I own a trading thread. If you wish to see my prices, go to the trading section and then find the Jack Corp online store if you want specific prices. (Note: My prices set a standard for some items, but others people sell for less.)
Re: Market Research
Posted: Thu Aug 16, 2012 3:52 pm
by Falconis
The-Jack-DeCk wrote:I own a trading thread. If you wish to see my prices, go to the trading section and then find the Jack Corp online store if you want specific prices. (Note: My prices set a standard for some items, but others people sell for less.)
Nobody sells for less! I go to Thejackdecker for all of my Minecraft needs! His prices are CRAAAAAZY low! When you've seen the rest, come see the best!
Was that a little over the top??
Re: Market Research
Posted: Thu Aug 16, 2012 4:22 pm
by nickisbestpony
Falconis wrote:The-Jack-DeCk wrote:I own a trading thread. If you wish to see my prices, go to the trading section and then find the Jack Corp online store if you want specific prices. (Note: My prices set a standard for some items, but others people sell for less.)
Nobody sells for less! I go to Thejackdecker for all of my Minecraft needs! His prices are CRAAAAAZY low! When you've seen the rest, come see the best!
Was that a little over the top??
A little....This isn't an infomercial at 4am.
Re: Market Research
Posted: Thu Aug 16, 2012 5:04 pm
by The-Jack-DeCk
nickisbestpony wrote:Falconis wrote:The-Jack-DeCk wrote:I own a trading thread. If you wish to see my prices, go to the trading section and then find the Jack Corp online store if you want specific prices. (Note: My prices set a standard for some items, but others people sell for less.)
Nobody sells for less! I go to Thejackdecker for all of my Minecraft needs! His prices are CRAAAAAZY low! When you've seen the rest, come see the best!
Was that a little over the top??
A little....This isn't an infomercial at 4am.
Nick. It's perfect. You've just seen too much "Paid Programming" recently.
Re: Market Research
Posted: Thu Aug 16, 2012 6:21 pm
by dlgn
Falconis wrote:The-Jack-DeCk wrote:I own a trading thread. If you wish to see my prices, go to the trading section and then find the Jack Corp online store if you want specific prices. (Note: My prices set a standard for some items, but others people sell for less.)
Nobody sells for less! I go to Thejackdecker for all of my Minecraft needs! His prices are CRAAAAAZY low! When you've seen the rest, come see the best!
Was that a little over the top??
I sell iron for 300rc/stack. In fact, my slogan is "I sell iron for less than anyone else on MineRealm, even JackDeCkEr!" So, no. And yes, that was waaaaaay over the top. Just like something I would do.
~dlgn
Re: Market Research
Posted: Thu Aug 16, 2012 6:23 pm
by The-Jack-DeCk
@ dlgn
I am planning to lower my prices. You might need a new slogan.

Re: Market Research
Posted: Thu Aug 16, 2012 6:41 pm
by UnlinkedEel72
Thanks agaain