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HIDE THE HUBS
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Poll Question: Hide and Close (for a period) Centrum and Hope Ridge ?
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eowan the short View Drop Down
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Points: 937 		Post Options Post Options   Thanks (0) Thanks(0)   Quote eowan the short Quote  Post ReplyReply Direct Link To This Post Posted: 25 Mar 2022 at 10:59
It's pretty clear to me from the wording that in your definition of trader, the reference to profit is made solely in relation to a wholesaler.

Here is how the sentence is structured, brackets for emphasis:
[Merchant], [retailer] or [one who attempts to generally buy wholesale and sell later at a profit]
Merchant and retailer are both separate from the wholesaler which is the only one with a reference to profit.

I believe it is possible that the profit referred to solely in the wholesaler section is not always a monetary profit. After all, what about traders who use a bartering based system rather than a monetary one?

Also, why do you think your definition of trader is superior to the one I originally stated?

trader
/ˈtreɪdə/
noun
  1. a person who buys and sells goods, currency, or shares.


Edited by eowan the short - 25 Mar 2022 at 10:59
This is the thread that never ends, yes it goes on and on my friend. Some person started it, not knowing what it was, and we'll continue posting on it forever just because...
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Sif View Drop Down
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Points: 84 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Sif Quote  Post ReplyReply Direct Link To This Post Posted: 25 Mar 2022 at 10:44

After re-reading the definition i think you are missing an important factor Sif. A merchant attempts to make a profit.===è>> agree on that you don’t have to make profit you have just  to attempt to do it …… but why to attempt to make something that is almost impossible since the other part of how needs the goods know exactly how much it cost and where to find them ( the only reason for the 99% traders  is impatient profit )

 

 

  • You can buy items and resell them.=== >>>TRADER  exactly this is what visibility of centum HUB destroy since why to buy and resell when the person you will attempt to resell can buy directly from the producer .
  • You can harvest items and sell them.=è>> NOT TRADER
  • You can harvest items and use them to produce other items to sell. .=è>> NOT TRADER
  • You can produce items using basic resources to sell. .=è>> NOT TRADER
  • and the list goes on... .=è>> NOT TRADER

 

 

Why does it matter if he makes a profit? Your definition of merchant makes no mention of profit.=è>>> It does /// Wikipedia == Merchant, retailer or one who attempts to generally buy wholesale and sell later at a PROFIT === >>>

you think Wikipedia refes to other kind of profit and not monetary ?
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eowan the short View Drop Down
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Points: 937 		Post Options Post Options   Thanks (0) Thanks(0)   Quote eowan the short Quote  Post ReplyReply Direct Link To This Post Posted: 25 Mar 2022 at 09:40
Why does it matter if he makes a profit? Your definition of merchant makes no mention of profit.

I think a generic advantage or benefit very much could apply, so please explain why traders can only ever trade for monetary profit.
This is the thread that never ends, yes it goes on and on my friend. Some person started it, not knowing what it was, and we'll continue posting on it forever just because...
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Tensmoor View Drop Down
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Points: 1579 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Tensmoor Quote  Post ReplyReply Direct Link To This Post Posted: 25 Mar 2022 at 09:31
One of the things that first attracted me to Illy was the number of different ways to play. This also applies to trading no matter the definition you apply.
  • You can buy items and resell them.
  • You can harvest items and sell them.
  • You can harvest items and use them to produce other items to sell.
  • You can produce items using basic resources to sell.
  • and the list goes on...
There are also many ways judge how succesful you are in your trading endevours:
  • Ranking points
  • Profit
  • Anticipation of the market so you are always producing items that are in demand
  • There are probably a great many other metrics that I havent thought of.
This is for me one of Illy's greatest strengths. Multiple ways to in effect do the same thing - another is the way the devs actively encourage the creation of third party tools such as DurcTools.

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Thirion View Drop Down
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Points: 248 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Thirion Quote  Post ReplyReply Direct Link To This Post Posted: 25 Mar 2022 at 09:29
Originally posted by Sif Sif wrote:

Trader - Wikipedia

Trader may refer to:

 ·         Merchant, retailer or one who attempts to generally buy wholesale and sell later at a PROFIT



After re-reading the definition i think you are missing an important factor Sif. A merchant attempts to make a profit.

Me and all other traders i know always attempt to make monetary profit. As i said my main reason (and not my only one - there are a lot of reasons/profits why i trade Prestige the way i do) is ranking profit - that does not mean though that i am trying to also make some monetary profit. Over time i made billions of monetary profit (gold)  in trading.
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Sif View Drop Down
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Points: 84 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Sif Quote  Post ReplyReply Direct Link To This Post Posted: 24 Mar 2022 at 22:31
Therefore, by your own definition, he is a trader via the merchant route. ===>>> agreed ............but no he is not do it for profit/// exept if he does so then yes he is one of the very few exeptions


I don't think it is self explained that only monetary profit applies. Explain it for me. ===>>> you think that wikipedia refers to other kinds of profits when reffers to the trader ??
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eowan the short View Drop Down
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Points: 937 		Post Options Post Options   Thanks (0) Thanks(0)   Quote eowan the short Quote  Post ReplyReply Direct Link To This Post Posted: 24 Mar 2022 at 22:12
A merchant is a person who trades in commodities produced by OTHER people

I produce prestige at regular intervals. Thirion buys my prestige and trades with it. 

Therefore, by your own definition, he is a trader via the merchant route.



I don't think it is self explained that only monetary profit applies. Explain it for me. 
This is the thread that never ends, yes it goes on and on my friend. Some person started it, not knowing what it was, and we'll continue posting on it forever just because...
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Sif View Drop Down
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Points: 84 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Sif Quote  Post ReplyReply Direct Link To This Post Posted: 24 Mar 2022 at 22:00
The first is merchant===>>>http://https://en.wikipedia.org/wiki/Merchant = A merchant is a person who trades in commodities produced by OTHER people, ....... (so with this is clearly undersandable that when you produce and sale you are not a merchant ) 


The second is retailer===>>>  http://https://en.wikipedia.org/wiki/Retail  = A retailer purchases goods in large quantities from manufacturers , directly or through a wholesaler, and then sells in smaller quantities to consumers for a PROFIT . ....... (so with this is clearly undersandable that when you produce and sale you are not a retailer ) +
....... but there are people doing this in illyriad but still no traders cause the only profit here is the impatient profit which its exist only because its very very small  because retailers not doing it for PROFIT as a retailer would but for score .  So if the retailers was trying to make serious profit the patiennt of the impatients would rise so their profit will be still small cause even and the impatients see the prices at the centrum .


The third is one who attempts to generally buy wholesale and sell later at a profit===>>> http://https://en.wikipedia.org/wiki/Wholesaling  = Wholesaling, the selling of goods in large quantities but at lower prices for selling the goods at a profit. Wholesaling is buying goods in bulk quantity at a discounted rate and selling to the retailer at a higher price  ( this is clearly undersandable that when the consumere has access to the centrum there will NOT be discounted rate NOR  higher price ) 


So, explain why Thirion isn't a retailer or a merchant.===>>> as he has explain his self he do it for the points 

Explain why only monetary profit applies in the third case===>>> there is nothing to explain here its selfexplained 
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eowan the short View Drop Down
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Points: 937 		Post Options Post Options   Thanks (0) Thanks(0)   Quote eowan the short Quote  Post ReplyReply Direct Link To This Post Posted: 24 Mar 2022 at 21:21
Sif, there are 3 components to the definition you have provided
The first is merchant
The second is retailer
The third is one who attempts to generally buy wholesale and sell later at a profit

All of those are types of traders. You only focus on the third one, and now have redefined the third one as:
one who attempts to generally buy wholesale and sell later at a PROFIT  ( this NOT refer to illyriad trading score increase but to the money)

So, explain why Thirion isn't a retailer or a merchant.

Explain why only monetary profit applies in the third case.



Edited by eowan the short - 24 Mar 2022 at 21:21
This is the thread that never ends, yes it goes on and on my friend. Some person started it, not knowing what it was, and we'll continue posting on it forever just because...
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Sif View Drop Down
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Joined: 10 Apr 2021
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Points: 84 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Sif Quote  Post ReplyReply Direct Link To This Post Posted: 24 Mar 2022 at 21:12
You keep redefining trader,===>>> we was speaking for traders profit which in that case did not suits you........
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