Silk Road forums

Market => Rumor mill => Topic started by: newjac on December 20, 2012, 10:01 pm

Title: Price fixing
Post by: newjac on December 20, 2012, 10:01 pm
I don't particularly want to be a rat, but also don't want to be paying more than necessary for my stuff, and pretty sure other buyers don't either.

Since I saw a similar thread to this the other day about a weed vendor, I'm beginning to wonder how prevalent this practice is on the road.  I'm betting it's not epidemic, but feel it my civic duty to protect myself and fellow buyers from this bullshit, so if someone who can do something about it would please pm me I'll be happy to provide the vendor who currently has this on the description for one of his listings..I don't want to name the vendor in public because from everything I've heard and read he's a great person as well as a great vendor, and I don't want to disparage him, but would appreciate someone in power taking a look.

Here's a snippet of what I'm referring to, taken straight from the vendor's page:

"wanna stay
with this price other vendors asking me to stay with this price"

What I'd really like to know is who the hell it doing this shit so I don't ever purchase anything from them, it goes against everything the Road stands for if I understand things correctly.

Thanks in advance to anyone who can lend assistance with this...

Title: Re: Price fixing
Post by: SelfSovereignty on December 20, 2012, 10:09 pm
It's not in a vendor's best interest to do this.  If he can undercut his competition, he'll get more orders.  More orders at less per order = maximum profit up to a certain critical point.  Past that point, cheaper products will decrease his profit.

If he can't see that... or they're so tightly knit that they understand working as a large group is best for them all (and worst for us)... I dunno man.  Glad I don't smoke weed.
Title: Re: Price fixing
Post by: HarryJohnson on December 20, 2012, 10:48 pm
Corruption is wild on here. These are drug dealers. If there is a way a vendor can keep prices high, no matter what the ramifications are the vendor will do it. All kinds of practices are done here to maximize profit to as much as possible. Do not EVER believe your drug dealer has your bank account in your best interest. It is in THEIR OWN best interest. If you think shady practices don't happen and there are some "nice", "non-corrupt" vendors on here then you don't belong here. :)

Title: Re: Price fixing
Post by: SelfSovereignty on December 20, 2012, 10:51 pm
No, it is not in their best interest.  Unless ALL OF THEM PARTICIPATE, it is in their individual best interest to fuck the others and undercut.

... I barely even considered that part because it seems so self evident.  I am a little spun though -- how are you saying that's wrong?
Title: Re: Price fixing
Post by: kitkat82 on December 20, 2012, 10:56 pm
Corruption is wild on here. These are drug dealers. If there is a way a vendor can keep prices high, no matter what the ramifications are the vendor will do it. All kinds of practices are done here to maximize profit to as much as possible. Do not EVER believe your drug dealer has your bank account in your best interest. It is in THEIR OWN best interest. If you think shady practices don't happen and there are some "nice", "non-corrupt" vendors on here then you don't belong here. :)

I have to disagree.  While there are many vendors who only care about getting every last cent they can out of one unit of whatever they are selling, there are many who genuinely want to offer the best price that they can.

I can see that certain drugs do seem to have a more persistant "price fixing" issue, or just plain greed I suppose.  Adderall, Opiates, and many more I am sure.  The vendors do assume a pretty enormous risk.  If I ever became a vendor on SR you can bet your ass I would be trying to make a decent profit!
Title: Re: Price fixing
Post by: BruceCampbell on December 20, 2012, 11:00 pm
I'm of the opinion that several MDMA sellers are working together, (it's been stated by DB, AH, PF, etc. that they all have a similar boss or know each other)

And I can guarantee almost every Indian pill seller knows each other, or they work on commission for pharma companies under the table.
Title: Re: Price fixing
Post by: Flyhigh on December 20, 2012, 11:43 pm
I'm of the opinion that several MDMA sellers are working together, (it's been stated by DB, AH, PF, etc. that they all have a similar boss or know each other)

And I can guarantee almost every Indian pill seller knows each other, or they work on commission for pharma companies under the table.

Sales is simply supply and demand..its a myth that if you charge more you make less and if you change less you make more. but don't forget time/labor involved..if i can charge more and work less then my profits and time are good...if i charge less and work more to fill them i make less...everyone thinks money but don't figure in time and labor.

the bottom line is, if you think its cost to much don't buy it...over time the price will come down..but anyone that has been buying around here for sometime  knows what the price range is...you have some vendors that are low and sell out and you have those vendors waiting on the edge for the good vendors to sell out and than they make their money... supply and demand

and all the bitching you do will not help one BTC.. 8)

Title: Re: Price fixing
Post by: newjac on December 21, 2012, 12:30 am
It's not in a vendor's best interest to do this.  If he can undercut his competition, he'll get more orders.  More orders at less per order = maximum profit up to a certain critical point.  Past that point, cheaper products will decrease his profit.

If he can't see that... or they're so tightly knit that they understand working as a large group is best for them all (and worst for us)... I dunno man.  Glad I don't smoke weed.

This is actually an opiate vendor, the thread I saw the other day was about a weed vendor.
Title: Re: Price fixing
Post by: Aurelius Venport on December 21, 2012, 03:03 am
its not in anyones interest to do this. The price fixing will occur to an extent though in that people who can go much lower than the current market rate will go just a little lower usually. But eventually in a free market, which SR is, price will reach equilibrium. However, if you already are one of the lowest priced (IE, the main MDMA vendors) then yes, there is likely some price fixing going down. But the main MDMA vendors have AMAZING prices and I live in one of the cheapest places in the US for drugs.
Title: Re: Price fixing
Post by: danconia on December 21, 2012, 01:36 pm
I have a feeling the portion of vendors trying to price fix are the small minority.  In fact by jacking prices up they'll just encourage more people to come in and undercut them.
Title: Re: Price fixing
Post by: newjac on December 21, 2012, 07:28 pm
I have a feeling the portion of vendors trying to price fix are the small minority.  In fact by jacking prices up they'll just encourage more people to come in and undercut them.

Yeah, good point, I just hate seeing buyers being taken advantage of.  Price fixing is a totally unscrupulous tactic, that's why it's prosecuted IRL, and shouldn't be tolerated on the Road.  It's a sign of weakness, laziness and sheer greed, and results in artificially higher prices for everyone.  Open markets and their efficiencies are disrupted by price fixing, and I thought that was one of the underlying principles of the Road..