2013-08-28

major rewording of some sections; links; 3p; consistent spacing

← Older revision

Revision as of 15:41, 28 August 2013

Line 1:

Line 1:



[[Market bidding]] is the process of purchasing [[commodities]] from a [[colonization|colonized]] [[island|island's]] [[commodities market]].

Market bidding can be done from a [[ship]], from a [[bazaar|stall]] or [[shoppe]], or from a market, [[fort]] or [[palace]]. If the fort or palace is inactive, bidding will not be possible from the building until the taxes are paid.

+

[[Market bidding]] is the process of purchasing [[commodities]] from a [[colonization|colonized]] [[island|island's]] [[commodities market]]. Market bidding can be done from a [[ship]], from a [[bazaar|stall]] or [[shoppe]], or from a market, [[fort]] or [[palace]]. If the fort or palace is inactive, bidding will not be possible from the building until the taxes are paid.

 

 

 

== Bidding on commodities ==

 

== Bidding on commodities ==



Commodities spawn on colonized islands in accordance with demand.

Players can "bid" for these commodities through the market bidding interface.

+

Commodities spawn on colonized islands in accordance with demand. Players can "bid" for these commodities through the market bidding interface.

 

 

 

[[Image:market_bidding.png|right|thumb|Click for larger view.]]From the [[hold]] on a ship, the "View marketplace" menu in a market, or the [[Shoppe management#The Radial Menu|Manage the Shoppe]] radial menu in a stall or shoppe, selecting "Market Bidding" brings the market bidding interface.

 

[[Image:market_bidding.png|right|thumb|Click for larger view.]]From the [[hold]] on a ship, the "View marketplace" menu in a market, or the [[Shoppe management#The Radial Menu|Manage the Shoppe]] radial menu in a stall or shoppe, selecting "Market Bidding" brings the market bidding interface.

 

 



The market bidding interface can be confusing at first glance, but it is fairly straightforward.

In the upper-left-hand area,
you can
view all the commodities that spawn on the island
where you are currently located
, as well as the current high bid and volume on each.

In the center-right,
you can actually
place
your
bids.

In the upper right,
you
can view the [[coffers]] and deposit or withdraw from them.

In the lower right,
you can view
bid tickets currently held on the ship or in the stall/shoppe.
In the
lower left
, you can view
the status of
your
current bids and the bids held on the ship or stall/shoppe.

+

The market bidding interface can be confusing at first glance, but it is fairly straightforward. In the upper-left-hand area,
a pirate may
view all the commodities that spawn on the
current
island, as well as the current high bid and volume on each. In the center-right,
pirates may
place bids. In the upper right,
pirates
can view the [[coffers]] and deposit or withdraw from them. In the lower right, bid tickets currently held on the ship or in the stall/shoppe
are displayed
.
The
lower left
displays
the status of
the pirate's
current bids and the bids held on the ship or stall/shoppe.

 

 

 

=== How market bids fill ===

 

=== How market bids fill ===

 

 



[[Dynamic_spawn|Spawn]] rates for a commodity are driven by the price people pay for the commodity.

As commodities spawn, they are divided amongst the highest bidders' bid tickets until all tickets at the highest price are filled, then the next price level down will start to fill.
  You do [b]
not
[/b] need
to bid higher than the current price
, if you match
the price
your bids
will start filling at the same rate as existing bids.

+

[[Dynamic_spawn|Spawn]] rates for a commodity are driven by the price people pay for the commodity. As commodities spawn, they are divided amongst the highest bidders' bid tickets until all tickets at the highest price are filled, then the next price level down will start to fill.
Note that it is '''
not
''' necessary
to bid higher than the current price
; matching
the
current high
price will
cause new bids to
start filling at the same rate as existing bids.

 

 



Bid tickets fill at about the same rate no matter how many units the bid ticket is for, with only a slight preference to filling large bid tickets faster.
 
So, a bid ticket for 200 units will fill with more units per day than a bid ticket for 100 units, but no where near twice as fast.

Many smaller bid tickets will fill faster than one large bid ticket, but
you
will
also pay
more in fees with
smaller bid
tickets.[http://forums.puzzlepirates.com/community/mvnforum/viewthread?thread=190925]

+

Bid tickets fill at about the same rate no matter how many units the bid ticket is for, with only a slight preference to filling large bid tickets faster. So, a bid ticket for 200 units will fill with more units per day than a bid ticket for 100 units, but no where near twice as fast. Many smaller bid tickets will fill faster than one large bid ticket, but
this
will
cost
more in fees
than
with
larger
tickets.[http://forums.puzzlepirates.com/community/mvnforum/viewthread?thread=190925]

 

 



The higher
your
bid volume or the lower
your
price, the longer it will take for
your
bid to fill. If
you are in
a
hurry
to
get commodities
,
you will get them faster if you bid
a
high
price
.

+

The higher
the
bid volume or the lower
the
price, the longer it will take for
that
bid to fill. If
there is
a
need for this process
to
go faster
,
then multiple smaller bids or
a
higher
price
may
be
necessary
.



 

+



You do not need to bid 1 piece of eight higher than the current bid, you can bid the same amount as the current high bid, and you will
be
one of the high bidders
.

+

 

 

 

=== The bidding process ===

 

=== The bidding process ===



Bidding takes place via the form boxes on the right side of the screen.

"Bid" corresponds to "High bid" in the left-side table.
What you put in
the "Bid" form box is what
you are
willing to pay per unit of
whatever
commodity
you choose to bid on
.

"Units" corresponds to "Volume"; whatever
you place
in the "Units" form box is how many units
you want
to purchase.

+

Bidding takes place via the form boxes on the right side of the screen. "Bid" corresponds to "High bid" in the left-side table.
The quantity entered into
the "Bid" form box is what
a pirate is
willing to pay per unit of
the selected
commodity. "Units" corresponds to "Volume"; whatever
is placed
in the "Units" form box is how many units
a pirate wishes
to purchase.  

 

 



As
you place
numbers, the "Cost" and "Fee" areas are automatically adjusted. The cost is equal to the "Bid" value multiplied by the "Units" value.  

+

As numbers
are entered
, the "Cost" and "Fee" areas are automatically adjusted. The cost is equal to the "Bid" value multiplied by the "Units" value.

 

 

 

The fee is calculated as 5% of total Cost + (5% of Bid Price or 10 PoE, whichever is higher). All decimal numbers are rounded off to the next highest digit.  

 

The fee is calculated as 5% of total Cost + (5% of Bid Price or 10 PoE, whichever is higher). All decimal numbers are rounded off to the next highest digit.  



A common misconception is that the Fee is 5% of the total Cost plus 10 PoE. This is not correct: any bid of 200 PoE or less will have a 10 PoE fee, plus 5% of the total Cost.  

+

A common misconception is that the Fee is 5% of the total Cost plus 10 PoE. This is not correct: any bid of 200 PoE or less will have a 10 PoE fee, plus 5% of the total Cost.



+

 



This formula is important to keep in mind because it can help
you plan your
bids to
get the most
value.

Any bid prices greater than 200 PoE will see increasing savings by ordering larger quantities.

Bidding on one item at 300 PoE will cost a fee of 10%.

But by bidding on a quantity of 20 the fee is only 5.25%.

+

This formula is important to keep in mind because it can help
the planning of
bids to
obtain maximum
value. Any bid prices greater than 200 PoE will see increasing savings by ordering larger quantities. Bidding on one item at 300 PoE will cost a fee of 10%. But by bidding on a quantity of 20 the fee is only 5.25%.

 

 

 

== The bid ticket ==

 

== The bid ticket ==



[[Image:bid_tickets.png|left|frame|Bid tickets can be either filled or unfilled.]]Once
you place
a bid, a '''bid ticket''' is placed in
your
inventory (if done from a market) or inside a stall, [[shoppe]], or [[ship]].

These can be found under the collapsible section "Bid Tickets" in a player's inventory and under the Market Bidding screen in a stall, shoppe, or ship.

The bid ticket is a handy reference to see if a bid is filled yet and a way to transfer and sell commodities if not officer or above.

+

[[Image:bid_tickets.png|left|frame|Bid tickets can be either filled or unfilled.]]Once a bid
is placed
, a '''bid ticket''' is placed in
in a pirate's
inventory (if done from a market) or inside a stall, [[shoppe]], or [[ship]]. These can be found under the collapsible section "Bid Tickets" in a player's inventory and under the Market Bidding screen in a stall, shoppe, or ship. The bid ticket is a handy reference to see if a bid is filled yet and a way to transfer and sell commodities if not officer or above.

 

 

 

=== Delivering a bid ===

 

=== Delivering a bid ===



In order to deliver a filled bid ticket,
you
must be at the original island and at a receiving location
(
a stall or shoppe
you own
or
manage,
an unlocked ship in
your
crew
[
assuming
you are at least a
[[
fleet officer
]]
],
or a ship
you own)
.
Bring
up the market interface
again, select
the ticket
you wish
to
deliver
from the ones listed there, and click on the "Deliver" button. Clicking "Deliver" will deliver as much of the bid as can fit; if not all the commodities fit, the bid ticket is amended and can be delivered in entirety at another time.

+

In order to deliver a filled bid ticket,
a pirate
must be at the original island and at a receiving location
with a [[hold]]. This could be:
a stall or shoppe
that pirate owns
or
manages;
an unlocked ship in
that pirate's
crew
(
assuming
they have the correct
[[
hold#hold permissions|hold access rights
]]
);
or a ship
owned by that pirate
.
To deliver a bid, call
up the market
bidding
interface
. Select
the ticket to
be delivered
from the ones listed there, and click on the "Deliver" button. Clicking "Deliver" will deliver as much of the bid as can fit; if not all the commodities fit, the bid ticket is amended and can be delivered in entirety at another time.

 

 

 

=== Canceling bid tickets ===

 

=== Canceling bid tickets ===



For whatever reason, you might decide you would rather not have the
commodities
you bid on.  You
can
cancel an
unfilled or partially
-
filled
bid ticket
by clicking "Deliver" on the Market Bidding screen.

If the bid ticket is unfilled,
you get the
entirety of the "Cost"
back
,
but lose
the fee.

If the bid ticket is partially-filled, the filled commodities are delivered and the remainder is converted into the original cost and
goes
to the coffers.

If the partially-filled ticket will not fit into the delivering location, the bid ticket is split into three things:

+

Bids for
commodities can
be cancelled if they are
unfilled
,
or partially filled
. This is done
by clicking "Deliver" on the Market Bidding screen. If the bid ticket is unfilled,
The
entirety of the "Cost"
is returned
,
excluding
the fee. If the bid ticket is partially-filled, the filled commodities are delivered and the remainder is converted into the original cost and
is sent as [[PoE]]
to the coffers. If the partially-filled ticket will not fit into the delivering location, the bid ticket is split into three things:

 

*The portion that can fit goes into the hold.

 

*The portion that can fit goes into the hold.



*A new bid ticket is created for the number of commodities that couldn't fit but were filled.

It is created as "filled" also.

+

*A new bid ticket is created for the number of commodities that couldn't fit but were filled. It is created as "filled" also.

 

*The unfilled portion is returned as PoE.

 

*The unfilled portion is returned as PoE.

 

 



Note that in order to cancel a bid,
you
must be in a location where
you can
receive the bid (see above).

+

Note that in order to cancel a bid,
a pirate
must be in a location where
they are able to
receive the bid (see above).

 

 

 

==External links==

 

==External links==

Show more