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Promo packs already close to 20 million ec

That is quick jump in price since the sale is still on. Wonder how high they will go.

Comments

  • farmallmfarmallm Member Posts: 4,630 Arc User
    Who knows, I'm done with the stupid event. I had my try at it.
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    USS Casinghead NCC 92047 launched 2350
    Fleet Admiral Stowe - Dominion War Vet.
  • risian4risian4 Member Posts: 3,711 Arc User
    Really? So they're almost twice as expensive as the previous time.

    Hm I might sell some then, 75 million EC could come in handy at some point in the future :)
  • theotherscotty#9105 theotherscotty Member Posts: 385 Arc User
    I took advantage of that spike in prices and sold some R&D boxes that I'd bought (like 8 of them). I was debating on whether to open them or sell them, but then when I noticed how expensive they were getting, I decided to sell them. I made a fair amount of EC from it and combined that with what I'd already been saving so I could finally buy that Kelvin Timeline Connie that'd I'd been wanting. So I'm pretty happy with how that worked out.
  • iconiansiconians Member Posts: 6,987 Arc User
    I've made somewhere around 114m EC (net profit) from buying and reselling the promo packs on the exchange the last few days. It pays to be patient.​​
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  • theotherscotty#9105 theotherscotty Member Posts: 385 Arc User
    edited August 2016
    ^ I made a lot of EC too, just by timing it right. I'm glad I waited to sell my R&D boxes when I did.
  • tacticalrooktacticalrook Member Posts: 810 Arc User
    Kind of makes you wonder how people, who buy them at these prices to hold onto for the long term, will react when the price tops out and starts slowly dropping for a couple of weeks.
    /channel_join grind
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  • ltminnsltminns Member Posts: 12,572 Arc User
    Every time I've looked or sold some they were between 15.4 and 15.6 Million EC. Of course you'll always get some listed by those knuckleheads at 20 to 500 million. The latter price is for those that like to use the Exchange as a Bank.
    'But to be logical is not to be right', and 'nothing' on God's earth could ever 'make it' right!'
    Judge Dan Haywood
    'As l speak now, the words are forming in my head.
    l don't know.
    l really don't know what l'm about to say, except l have a feeling about it.
    That l must repeat the words that come without my knowledge.'
    Lt. Philip J. Minns
  • hartzillahartzilla Member Posts: 1,177 Arc User
    Kind of makes you wonder how people, who buy them at these prices to hold onto for the long term, will react when the price tops out and starts slowly dropping for a couple of weeks.

    Its already down to the 14,700,000s.
  • alcyoneserenealcyoneserene Member Posts: 2,414 Arc User
    It's an investment, which carries some risk, leading to a service for those who couldn't buy the promo packs during the event or sale.

    If it had no chance of profit and no one did this, or if Cryptic made the promo packs expire after the event (they do not), nobody could gamble at ~1.14% odds for their TOS faction end-game ships, and there'd be zero new in game or to buy off the exchange/trade until many months till it reruns again.

    Time will tell how high they will go once the event ends and supply starts to dwindle.
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  • jaguarskxjaguarskx Member Posts: 5,945 Arc User
    Meh... missed my chance since I was helping my mom paint her apartment.

    But prices should start to creep up since the 20% of sale ends today (in about 45 minutes at the time of this post). I am pretty sure that the price will get to around 20m EC again, or more. I have sold previous promo R&D packs for as much as 25m EC each. But at worst I have sold them for 16m EC each. For now the promo packs will just sit in my inventory.
  • taylor1701dtaylor1701d Member Posts: 3,099 Arc User
    edited August 2016
    I'd assume the promo packs spiked to 20mil because it was the first weekend of the sale, all the working stiffs just getting their first crack at this Promo Connie.
    That's just my guess.

    Never leave a good promo or lockbox release on the table, there is tons of EC to be made by playing a little Exchange Ferengi the first week or so of a new (popular - highly desired) lockbox or promo release.

    Made about 550mil EC myself flipping Paradox' in week one of their release.
    They were floating around the 300mil mark, but every evening they would dip to 220/230/240. It was then I'd come in and scoop up any that had fallen below 260.
    I flipped about 5-6 over the course of that week. Most profitable time I ever spent in STO.
    And this was on a Lobi ship of all things, and I was barely trying.

    I would do it more often if I had the patience, or the taste for the finer things STO life has to offer. But I'm pretty good at this point, got most ships I desire, and my gear on my two mains is all fully upgraded. So not much motivation or reason to play Exchange Ferengi these days.

    Although I must admit, Dil/Z exchange speculating does pique my curiosity. But that's for the really enterprising Ferengi's out there.
    But I would wager you could make quite a fortune if you speculate with care and caution.
    Post edited by taylor1701d on
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