This concept is literally what happened in New York stock exchange, the hedgefunds were realizing that the lower latency means you get the price faster than others, allowing you to execute trades at an advantage, to the point where someone figure out that one of the toys r us next door had the lowest latency and they bought the toys r us (and left the logo on it) and ran the server hidden from others to not let others find out that they had the advantage, if you're curious you can read up on it, the article is called "Not a Millisecond to Spare" great video btw!
Given both the article's and video's idiosyncratic decision to explain what a millisecond is and the way they both choose to tie the networking concept of latency bck to physics, I would not be surprised if Waffles had read this article while researching
The galaxy-brain play for a flipper is to manipulate the price of an item to the point where it gets detected by another flipper, offload a ton of that item to that flipper at an inflated and unsellable price, bankrupt them, and then go on to profit more with less competition.
This. Clearly the next step is improving the buying strategy rather than the speed. Another option would be using trends to predict prices before selling, so the flippers could wait for a better opportunity to sell at a higher profit.
as a manual flipper, that's impossible because the tools we use automatically or manually filter obviously inflated items (rose dye was the most recent one)
I have no interest in skyblock itself, but as a IT student, I liked seeing how these technologies (Though illegitimate) where developed. Thank you for the video!
I am wondering what the hypixel devs were thinking when they started suddenly receiving dozens of requests per miliseconds from pageflippers flipping pages
when I played Hypixel about 3 years ago, I accidentally put up like an enchanted emerald block or whatever, something very expensive up for 1 cash by accident, went to put it down and it was instantly bought.
I used to do this for a bit and this is actualy a really good explaination of how it works, when i tried it on a random alt and went from 40m to 700m in a week, just leaving it running while i slept, although the one thing thats diffrent from the video, atleast in my experience is that the rmt part isnt as dangerous, basicly you are more likely for the guy who you are buying from to just exit scam while you try to buy then you are likely to actualy get banned
I can't lie I feel extremely intrigued and this is one of the only videos I actually wanted to watch like the way you explain things easily and how calm your voice is really makes me enjoy your video!
Ah Flipping, truly one of the more boring methods of making ingame currency. But even so, when I did flip stuff in games, it wasn't really to make profits. Back then I did it solely to be able to afford other stuff in game. And why there's a sell limit on items in one of the games I used to play a lot. Some items could only be sold once every 4 hours and even if you could make bank on said items, it was hardly worth it at all, and flipping items that could be sold in bulk, didn't really make that much profit. However, flipping in Skyblock sounds like a hassle, mostly because of how it's auction house is set up that caused this in the first place. There were countless solutions to prevent those things from happening in the first place.
I did manual (not botted) flipping a lot on Tarkov a lot until they made it so you couldn't list things that weren't found in raid. It really was the fastest way to make tons of dosh to put a decent kit together.
One day you will notice that scammers rush their victims because in this society we are taught that expidition is efficiency. No matter what rules you live by, they will hurt someone - somewhere - somehow. There is no such thing as acceptable losses because you only ever decide it for someone else.
I swear if these minecraft skyblockers, redstoners, and builders used the effort they put into minecraft into doing things in the real world, we'd be living in one of those stock images of a futuristic utopia.
I’ve been a vanilla auction flipper since I started playing skyblock right after the potato war and I can gladly say that there is a way to beat the mods.
When you try so hard for some game within a game within a games coins you straight up code bots and create servers in Chicago just for milliseconds of advantage
In-game markets are always a fascinating lesson in the need for regulations in economic systems (both virtual and real-world) in order to retain some stability & equity. What many people don't understand is that any given population always contains a group of extremely short-sighted, risk-blind individuals who don't care if they burn the whole market down around themselves as long as they think they'll win... stock trading floors are full of them. They don't care about the long-term, knock-on effects to their actions, so if they are allowed to run amok in your game's economy they will ruin the game for _all_ players in the long run. Hypixel are asking for trouble by not managing these markets better, both with their player base and Mojang/Microsoft. Great video! 👍 And an interesting watch for someone like me who doesn't even play the game, because the way you presented the evolution of the Hypixel market makes it easy to identify all the real-world analogues (from the agricultural markets to eBay to the stock market). It's a good lesson about the importance of risk management & regulations in a balanced system.
this is the best way to describe how the actual real life stock exchange works and is a really good market making strategy. I wouldn’t even say that this is cheating its just a good way to give everyone the best price (for people actually wanting the items) and experience (for people trying to sell items).
sidenote: at 23:58 you say that sound is limited by the speed of air particles, but this is actually not the case-a wave isn't carried by some fast-moving particles moving in the direction for a while; rather, it passes between particles. the formulas are related, but the speed of sound differs based on the adiabatic index of the gas, while the average speed of particles doesn't.
I show a diagram on screen that shows it's not actually the air particles travelling the distance of the sound, but rather the compressions/rarefactions of the air itself. I'd also like to add, when it comes to your comment about the adiabatic index (or the heat capacity ratio), we can also think about heat at that level as movement(/vibration) of particles too! ;) As a whole though, I was just trying to make the speed of light (and the fact that it changes depending on the medium) more digestible to the audience, since most people have experienced sound taking time to travel, whereas light can seem instantaneous to a person in their day-to-day lives. Glad you enjoyed the video!
trading is op. For a good bit of time in in realm of the mad god i was a flipper for the early parts knowing that one guy sold out their stocks for pretty cheap. I was able to use that to buy an endgame item that i was then able to uptrade with other endgame items that had similar value. (basically getting paid life potions to trade deca rIngs with other similar endgame items once i had another 8 life potions i was able to trade them for another deca having double the potential trading power) at some point my profits were so insane i died with a maxed character that had basically the best tradeable gear at that time and i was laughing about how dumb this death was. only for beeing online with multiple accounts in the background to be able to respond to people that wanna get specific gear that i was holding this was insane.
Using the theory of relativity, I can confirm the covalent bonds of water, and carbon dioxide, using this info to conduct the average covalent bond intake, and convert that into full mass. H20=18gs worth of 1 mol. That's 20k mol intake per player. Now, let's use this info to see when they will most likely be online.
I remember a friend of mine being one of the richest players in 2019 by just bidding on aotd for a flip price, and bidding on his own aotds with an alt so the next bid on the aotd yields 200-250k profit per
Very cool video! about a year ago now I actually made my own app for flipping which copied to your clipboard but mine wasn't very smart haha, it just compared the lowest two prices and if the difference was enough would buy it, I did have a blacklist of like some cosmetics. But wow! I never would've thought to run headless Minecraft clients to bypass the API!
All this tells me is that i need to create a bot to set up auctions for way cheaper than normal to start lowering average price amd crash the skyblock economy
Its late, but im leaving a comment anyway. Thomas, you made a great video, its a great job done, worthy of respect. You have told everything very competently and clearly. Its nice to watch your video, its such a nostalgia that words cannot describe :) Miss old cofl/tfm/"mod F" days lol
when I heard the average human reaction time is 250ms that was VERY suprising to me. I've actually done some calculation on a video I took of myself playing a game and, in that game, I had reached such high reaction time it could take me about 40ms-50ms to react.
Sorry for lack of uploads - this took me 4 months to make...!
In better news though you can probably subscribe I won't spam your sub feed >:D
meestar beest
mester best
amazing video tho
its ok videos take a long time to make
I still get DMs telling me about the video :D
This concept is literally what happened in New York stock exchange, the hedgefunds were realizing that the lower latency means you get the price faster than others, allowing you to execute trades at an advantage, to the point where someone figure out that one of the toys r us next door had the lowest latency and they bought the toys r us (and left the logo on it) and ran the server hidden from others to not let others find out that they had the advantage, if you're curious you can read up on it, the article is called "Not a Millisecond to Spare" great video btw!
Forget milliseconds, they are probably counting NANO seconds instead.
Given both the article's and video's idiosyncratic decision to explain what a millisecond is and the way they both choose to tie the networking concept of latency bck to physics, I would not be surprised if Waffles had read this article while researching
Also very cool article haha
@@rickytorres9089Microseconds, actually
It really should be a case study to show that maybe, just MAYBE, stock trading should be heavily regulated.
The galaxy-brain play for a flipper is to manipulate the price of an item to the point where it gets detected by another flipper, offload a ton of that item to that flipper at an inflated and unsellable price, bankrupt them, and then go on to profit more with less competition.
This. Clearly the next step is improving the buying strategy rather than the speed. Another option would be using trends to predict prices before selling, so the flippers could wait for a better opportunity to sell at a higher profit.
Local minecrafter discovers capitalism
as a manual flipper, that's impossible because the tools we use automatically or manually filter obviously inflated items (rose dye was the most recent one)
I have no interest in skyblock itself, but as a IT student, I liked seeing how these technologies (Though illegitimate) where developed. Thank you for the video!
I am wondering what the hypixel devs were thinking when they started suddenly receiving dozens of requests per miliseconds from pageflippers flipping pages
It always amazes me how much work minecraft players will put into acquiring and selling pixels and numbers
they do sell them for in real life money tho so pixels are not the point.
exactly what MrGenius2 said, plus its not just minecraft players any game with a semblance of an economy has this.
I can confirm most of this as someone who used to manually flip and win snipes a LOT. I also made skyblock finance, which is a bazaar tracker.
whats nw big bro?
@@camerontb3554 like 30B, give or take
Glad to have a competent person to talk about a topic I always was interested in.
@@avangardismm i killed jesus and if he dares to show up on my land ill do it again
when I played Hypixel about 3 years ago, I accidentally put up like an enchanted emerald block or whatever, something very expensive up for 1 cash by accident, went to put it down and it was instantly bought.
I find it disturbing how much money people will put into not playing a game.
I used to do this for a bit and this is actualy a really good explaination of how it works, when i tried it on a random alt and went from 40m to 700m in a week, just leaving it running while i slept, although the one thing thats diffrent from the video, atleast in my experience is that the rmt part isnt as dangerous, basicly you are more likely for the guy who you are buying from to just exit scam while you try to buy then you are likely to actualy get banned
11:10 wasn’t expecting this arcane clip to still show up anywhere
Suppose I’m a part of history now o7
only real ones remember gladdon v stepsisters wars
@@edmund0450 the grind was unreal
Bahahaha I saw the clip and knew it was you
o7
no way is that THE gladdon
0:39 You predicted Parkour Civilization
@@Ioneiverse I can't decide whether I love or hate this comment
I can't lie I feel extremely intrigued and this is one of the only videos I actually wanted to watch like the way you explain things easily and how calm your voice is really makes me enjoy your video!
next: How Minecraft Cheaters Turned Breathing Into Trillions...
This was a fantastic video! You told the story brilliantly, going into the right amount of detail for a general audience without oversimplifying.
Ah Flipping, truly one of the more boring methods of making ingame currency. But even so, when I did flip stuff in games, it wasn't really to make profits.
Back then I did it solely to be able to afford other stuff in game.
And why there's a sell limit on items in one of the games I used to play a lot. Some items could only be sold once every 4 hours and even if you could make bank on said items, it was hardly worth it at all, and flipping items that could be sold in bulk, didn't really make that much profit.
However, flipping in Skyblock sounds like a hassle, mostly because of how it's auction house is set up that caused this in the first place.
There were countless solutions to prevent those things from happening in the first place.
Not only boring,but it also screws over the regular players by gouging the prices to crazy levels.
I had no idea about anything in this video because i always thought ah flipping was boring, but this video was really well made and very entertaining.
Bro this is an amazing well thought out video. Very good editing and you can see that a lot of time has been spent researching. W waffle vid
I did manual (not botted) flipping a lot on Tarkov a lot until they made it so you couldn't list things that weren't found in raid. It really was the fastest way to make tons of dosh to put a decent kit together.
this is literally almost like high performance trading irl, but in minecraft!
20min into the video and physics got thrown at me... the effort to make this video... just damn
One day you will notice that scammers rush their victims because in this society we are taught that expidition is efficiency.
No matter what rules you live by, they will hurt someone - somewhere - somehow.
There is no such thing as acceptable losses because you only ever decide it for someone else.
once i sold a maxed divan drill accidentally for 1 coin i left the game for a year after that
"What is auction flipping"
Me, as a wold of warcraft vet: "heh."
I swear if these minecraft skyblockers, redstoners, and builders used the effort they put into minecraft into doing things in the real world, we'd be living in one of those stock images of a futuristic utopia.
I’ve been a vanilla auction flipper since I started playing skyblock right after the potato war and I can gladly say that there is a way to beat the mods.
This literally happens everywhere with an economy.
Now we need bots that sell items that they auto farm at exactly 1 coin above the sniping price o they are insta sold.
I just imagined how 2 bad written flipping bots stuck at each other's trades can skyrocket market prices
Sad how flipping has turned nowadays. Miss old cofl/tfm days lol. Great video Thomas!
19:04 LMAO THAT "NO!"
title should be "how hypixel cheaters turned physics into profit".
at this point it's not minecraft.
i remember dec 29 when binmaster announced pageflipping and it took them 2 months to get the accounts running
When you try so hard for some game within a game within a games coins you straight up code bots and create servers in Chicago just for milliseconds of advantage
Me with ping 461: ah yes, reaction time matters
for someone with only 4 videos... this on a new level of quality. amazing.
1:00 He sold the flaming swords right before the next update that made them obtainable again. Insider trading goes crazy ngl
Sometimes i wonder if this is even skyblock anymore, it's litteraly an economy simulator now lol
i expected people just buying stuff and selling it yet it went from funny minecraft trading to physics and the speed of light great video
they finally made high-frequency trading in Minecraft
this entire video all that comes to my mind is the phrase 'hypixel moment'
This video reminds me why i quit flipping, being legit in this game is just impossible smh
Bro Skyblock and vids like these have thought me more about the economy than school has
In-game markets are always a fascinating lesson in the need for regulations in economic systems (both virtual and real-world) in order to retain some stability & equity.
What many people don't understand is that any given population always contains a group of extremely short-sighted, risk-blind individuals who don't care if they burn the whole market down around themselves as long as they think they'll win... stock trading floors are full of them.
They don't care about the long-term, knock-on effects to their actions, so if they are allowed to run amok in your game's economy they will ruin the game for _all_ players in the long run. Hypixel are asking for trouble by not managing these markets better, both with their player base and Mojang/Microsoft.
Great video! 👍 And an interesting watch for someone like me who doesn't even play the game, because the way you presented the evolution of the Hypixel market makes it easy to identify all the real-world analogues (from the agricultural markets to eBay to the stock market). It's a good lesson about the importance of risk management & regulations in a balanced system.
My man went from Skyblock to Physics then to Chemistry and then Computing. 😂
This was such a well crafted and explained video. I only played sky block for a tiny bit but I fully understood everything in the video. Thank you.
Amazing video! Great editing, easy to follow, and great research done.
Did I just unkownly learned stocks?
this is the best way to describe how the actual real life stock exchange works and is a really good market making strategy. I wouldn’t even say that this is cheating its just a good way to give everyone the best price (for people actually wanting the items) and experience (for people trying to sell items).
It's all fun and games until the flip spotter mods add a captcha...
sidenote: at 23:58 you say that sound is limited by the speed of air particles, but this is actually not the case-a wave isn't carried by some fast-moving particles moving in the direction for a while; rather, it passes between particles. the formulas are related, but the speed of sound differs based on the adiabatic index of the gas, while the average speed of particles doesn't.
I show a diagram on screen that shows it's not actually the air particles travelling the distance of the sound, but rather the compressions/rarefactions of the air itself.
I'd also like to add, when it comes to your comment about the adiabatic index (or the heat capacity ratio), we can also think about heat at that level as movement(/vibration) of particles too! ;)
As a whole though, I was just trying to make the speed of light (and the fact that it changes depending on the medium) more digestible to the audience, since most people have experienced sound taking time to travel, whereas light can seem instantaneous to a person in their day-to-day lives. Glad you enjoyed the video!
If these guy was actually doing stock exchange, billionaire gonna be sleeping on the street.
based outro I love when creators make the outro not 3 minutes long
No wonder i couldn't keep up with flipping. I simply couldn't beat macros
There is no speed limit on some german highways. Anything can go as fast as it wants.
Man, so much effort for getting internet points. I hope the people had fun with all that effort they put into this...
trading is op. For a good bit of time in in realm of the mad god i was a flipper for the early parts knowing that one guy sold out their stocks for pretty cheap. I was able to use that to buy an endgame item that i was then able to uptrade with other endgame items that had similar value. (basically getting paid life potions to trade deca rIngs with other similar endgame items
once i had another 8 life potions i was able to trade them for another deca having double the potential trading power)
at some point my profits were so insane i died with a maxed character that had basically the best tradeable gear at that time and i was laughing about how dumb this death was.
only for beeing online with multiple accounts in the background to be able to respond to people that wanna get specific gear that i was holding this was insane.
This is incredible, I love the subtitles so much tysm
This video feels like happychimenoises and tdm_heyzues had a baby and this is that baby.
Me when Thomas posts videos more often than Ben
Lmao the Marina picture 😂
This was really well explained, great video!
This is a great documentary with some tech mixed in! Subscribed
Dude your editing is top tier. You are going to achieve a lot in the youtube scene. Subbed!
"Enter... the MACROS"
Me: oh boy, here we go...
Another Tgwaffles banger straight from the tgwaffles toaster
You know it's a good day when tgwaffles uploads
Using the theory of relativity, I can confirm the covalent bonds of water, and carbon dioxide, using this info to conduct the average covalent bond intake, and convert that into full mass.
H20=18gs worth of 1 mol. That's 20k mol intake per player. Now, let's use this info to see when they will most likely be online.
I remember a friend of mine being one of the richest players in 2019 by just bidding on aotd for a flip price, and bidding on his own aotds with an alt so the next bid on the aotd yields 200-250k profit per
These cheaters care more about their servers than every single game dev company out there, DAMN
my favorite waffle named youtube channel
Did ... did i just learn about networking in a Minecraft video ?
got here before 10k subs, you better hit a million by next week i really liked the editing
awesome video! i don’t even play hypixel skyblock (yet) but this video was super entertaining :) keep up the good work
"There's a maximum speed for everything in the universe"
Well actually...
I enjoyed this video a lot no wonder flipping isn't as profitable as 2019 anymore. I was legit flipper. Part of real piece of hypixel skyblock history
This is a hall of fame skyblock video
Didn't know you make videos, Thomas. Nice video
Economy lessons through minecraft.
Very cool video! about a year ago now I actually made my own app for flipping which copied to your clipboard but mine wasn't very smart haha, it just compared the lowest two prices and if the difference was enough would buy it, I did have a blacklist of like some cosmetics. But wow! I never would've thought to run headless Minecraft clients to bypass the API!
At this point I'd be convinced that Skyblock players would hack the CIA and MI6 if it meant slightly better profits
All this tells me is that i need to create a bot to set up auctions for way cheaper than normal to start lowering average price amd crash the skyblock economy
Literally reinventing the stock market
I was not expecting money laundering in skyblock
the whole system to get around irl trade protection is literally that LOL
OH YEAH BABY NEW TGWAFFLES VIDEO TODAY IS A GOOD DAY
W
literally the tf2 economy lmao
not sure how i'm already subscribed, but they're good
The last Christmas event that came around, I made 7.5 mil flipping walnuts XD
This video is a great explanation of the tech behind stock trading.
TFM was an amazing mod, used it so much and it was so advanced for its time, cofl still couldn’t make a gui without buying out tfm
27:38 NOOOOOOOOOOO
Its late, but im leaving a comment anyway. Thomas, you made a great video, its a great job done, worthy of respect. You have told everything very competently and clearly. Its nice to watch your video, its such a nostalgia that words cannot describe :)
Miss old cofl/tfm/"mod F" days lol
Why do you call it late?
@@FoxSlyme Because I watched the video in the first hours after its release, and I left a comment only now
great vid tbh
used to manually page flip back in the day (only did high supply items tho im not a loser)
I have smashed the subscribe button and now I don’t have a phone anymore
some kid listed a cropie helm for 500 coins and someone else sniped it at the speed of light
when I heard the average human reaction time is 250ms that was VERY suprising to me. I've actually done some calculation on a video I took of myself playing a game and, in that game, I had reached such high reaction time it could take me about 40ms-50ms to react.
Love it Thomas been waiting on a good upload on UA-cam
D1 Glazer
I’m in the under 10k gang now lol.
27:40 weird image