Fa Biao De Wo Niu
Chapter 560 Three Men Make a Tiger (Seeking Recommendations!)
Before leaving, Nie Yan told Guo Huai that since they had decided to play this game, they should play it big. They couldn't just focus on Calore City; they had to make a killing in all the cities of the entire Green Land Empire and Saturn Empire. Making a fortune like this would be enough for the Nirvana Guild to get rich. To this end, Nie Yan and Guo Huai prepared three million gold coins. Compared to the entire market for gems and magic rune stones, three million gold coins was nothing. If the plan succeeded, it would be great if three million gold coins could eat up 10% of the market transaction volume.
Not only the Nirvana Guild, but Nie Yan also sent messages to Ban Xing de Hu Li, Fa Lan, A Chen, and others, asking them to also get a piece of the action.
After Nie Yan finished explaining everything to Guo Huai, he took the three thousand javelins and javelin launchers and went to level up.
After Nie Yan left, some 'sellers of magic rune stones and gems' appeared in the streets and alleys of various cities. They shouted on the streets, selling gems and magic rune stones in large quantities at very cheap prices. This advertisement immediately caused a sensation. Gems worth a thousand gold coins were only sold for five or six hundred gold coins, and gems and magic rune stones worth hundreds of gold coins were only sold for twenty or thirty gold coins. Some rumors spread among the players, with many saying that gems and magic rune stones were going to drop in price significantly, and that someone had bought very cheap gems and magic rune stones. There were also rumors that some players had discovered a secret shop specializing in selling gems, where gems were only sold for a few gold coins. They bought gems from the secret shop and then frantically sold them on the market, making hundreds of times the profit, and many people made a fortune.
Whether this rumor was true or not, the players didn't know. After all, it wasn't uncommon for secret shops to sell various rare items. The same thing had happened several times before. The Spider Web Art scroll used to be very expensive on the market, but later news broke that a certain secret shop was selling it at a very cheap price, and the Spider Web Art scroll plummeted in price and has remained very cheap to this day. Maybe there really was such a secret shop selling gems.
Generally, high-level players would always keep some gems in their warehouses. When they found that the price of gems on the market had suddenly dropped so sharply, they felt very distressed. Generally, they would sell equipment and other things because equipment depreciated the longer it was kept in the warehouse, but gems wouldn't. The demand for gems was always very high, but the drop rate was very low, so the price often soared. Many players stored gems and only sold some occasionally.
Gems had always been a hard currency. Some players kept good equipment in their warehouses and were unwilling to sell it for money, but if they used gems to exchange with others, others would still consider it. Exchanging gems for equipment was one of the most common trading patterns in the market.
Some expert-level players only accepted gems and not gold coins for selling equipment, so a large number of gems were piled up in their warehouses. Gems accounted for a large proportion of all their assets. Now that gems had suddenly depreciated, their assets had shrunk by several percent at once, and they felt like their hearts were bleeding!
They couldn't be sure whether the rumors were true or not. Some people were unwilling to sell, and some players saw that the situation was not right and rushed to sell their gems in the auction house. But at this time, those players who were preparing to buy gems to create equipment didn't dare to buy gems. If they bought now, they might lose money. If it was really like the rumors, there was a secret shop selling gems at low prices. In a few days, the price of gems would plummet, and then they wouldn't have to spend much money to create a set of equipment. Buying gems now was definitely not cost-effective.
Those who had gems wanted to sell them as soon as possible, and those who wanted to buy gems continued to wait and see. The market suddenly cooled down, and the gems in the auction house began to be ignored. More and more gems were piled up there, and some players wanted to sell them as soon as possible, so they could only sell gems by lowering the price, but the lower the price, the more people waited and watched.
So the entire gem market became chaotic. There were more and more gems piled up in the market, but no one bought them at all. Many players really had no way to sell.
The players sent by Guo Huai were quite effective in creating momentum. The rumors spread wildly. In one day, almost all players were discussing the sharp drop in the price of gems, telling their friends to sell their goods quickly, and it would be over when the price dropped. Gems that had just been sold for a thousand gold coins were now only selling for five hundred gold coins. After a while, they couldn't even sell for three hundred gold coins. Generally, if players were in a hurry to use gems worth dozens of gold coins, they might go to the market to get one or two, but for gems worth hundreds or thousands of gold coins, they would generally wait patiently until the price dropped. After all, it wasn't a small amount.
More than a dozen players were gathered at the entrance of the Calore City auction house. They were all from the same team and were preparing to go leveling together. Everyone's topic quickly turned to gems.
"I heard that the price of gems has dropped sharply. The price of a Tier 5 fire resistance gem has dropped from one thousand gold coins to five hundred gold coins. If it drops to three hundred gold coins, I've decided to buy one to embed in my armor," said the team's main warrior.
"I regretted buying a Tier 3 light gem for three hundred gold coins a few days ago. Do you know how much the market price is now? Eighty gold coins! Are you stupid to buy gems now? I heard that a player has opened a secret shop. Gems worth one or two thousand gold coins are only sold for dozens of gold coins there. They buy them from there and then resell them, I don't know how much they can earn. In a few days, gems worth one thousand gold coins will drop to one hundred gold coins. If you spend three hundred gold coins to buy gems now, you'll lose money!" A holy word mage interjected.
"Really?" The warrior asked with some skepticism.
"Of course, it's true. A friend of mine has been to that secret shop. He made more than 300,000 gold coins selling gems. Fortunately, I got the news in advance and didn't leave a single gem in my hand. Hehe, in a few days, I'll be able to get a set of high physical resistance robes." An arcane mage next to him said.
"Hiss, is it so profitable?" The players next to him gasped and came up to ask for information.
Seeing everyone surrounding him and staring at him, the arcane mage's vanity rose for a while, and he talked even more wildly.
The so-called three men make a tiger, and at this time, even rumors became reality.
Those who didn't have gems on hand and wanted the price of gems to drop were desperately spreading rumors. Those who had gems in their warehouses and didn't sell them in time sighed and quickly sold the gems in their hands. Those who wanted to buy gems waited and watched. Those who held gems crazily lowered the price and sold them, so the price of gems in the market fell again and again, allowing players to fully feel what it was like to ride a roller coaster.
This momentum was more violent than Nie Yan and Guo Huai had expected. Nie Yan predicted that the price of gems would fall to their expected level within five days. The rumors spread faster than they had imagined. By noon the next day, the price of gems had fallen to much lower than they had expected.
Gems that originally sold for as much as one thousand gold coins were being sold for more than one hundred gold coins in the auction house, but no one cared. This world was too crazy.
"Nie Yan, should we start collecting?" Guo Huai asked. The extent of this gem price crash made him feel frightened. After eating these gems, could they still sell them back to the original price? He was very uneasy.
Nie Yan looked at the super transaction channel. A large number of gems were piled up in the auction house, five or six times more than usual. Everyone threw the gems in the warehouse into the auction house. The surge in the number of gems made everyone more convinced that the secret shop existed, otherwise how could there be so many gems on the market all of a sudden!
Rumors with corroboration were even more terrible.
Nie Yan guessed that this price was already the limit that players could bear. If the price dropped further, they would rather use it themselves than sell it. After all, those people who sold gems were not poor people.
"Start sweeping the goods!" Nie Yan said. With his order, Guo Huai let his confidants, who were squatting in more than 300 auction houses in the Green Land Empire and the Saturn Empire, start sweeping the goods crazily, and gold coins were pouring out like water.
Three million gold coins were instantly empty, and only about 12% of the gems on the market were reduced.
"Three million gold coins are used up." Guo Huai said, wiping the cold sweat from his forehead. This was the most money he had ever spent at one time.
"How are Hu Li and A Chen doing?" Nie Yan asked.
"They are also eating in crazily. Ban Xing de Hu Li has eaten in 500,000 gold coins of gems, the War God Tribe has eaten in 600,000 gold coins of gems, Fa Lan has eaten in a little less than 500,000 gold coins, the Kuangzhan League has eaten in 400,000 gold coins, and the Bright Sacred Flame has eaten in 300,000 gold coins. Adding us together, a total of five million gold coins, gone all at once."
Nie Yan estimated that five million gold coins only ate about 20% of the quantity.
"Say hello to the Longyue Consortium and give them some money to earn. Let's get rid of some of the things in the guild warehouse! However much money we can get out, buy all of it into gems. Aren't there several loan sharks in the Green Land Empire and the Saturn Empire? Borrow as much as you can, do things secretly, the opportunity is rare, after this village, there is no such shop."
"The loan sharks have to pay back 10% in ten days. This money is a bit dangerous. If the price of gems doesn't go up and we can't sell the gems on hand, this money will be rolled in interest." Guo Huai worriedly said, don't let the Nirvana Guild get in.
"Don't worry, there's no problem. We'll sell the gems in ten days and we'll earn ten times the profit!" Nie Yan said, their reselling of gems was much more profitable than loan sharks.
"That's good, the top boss has spoken, you'll hold it up if the sky falls, I'll use the income of several fortresses as collateral to borrow loan sharks!" Guo Huai gritted his teeth and said, only Nie Yan had the courage to dare to borrow loan sharks and smash them in. However, if you want to make money, you can't have no risk at all.