Two hours later.
Lin Ziming and his companions slowly walked out of a comrce guild smaller in scale than Tang’s, warmly seen off by a shopkeeper.
After walking to an alley several hundred ters away from the comrce guild, Lin Ziming wiped the sweat off his forehead:
"Phew, we finally sold all the geological fire."
In the past two hours, the trade caravan mbers visited two different comrce guilds, selling the remaining five clusters of geological fire in a 3 2 manner.
It might sound simple, but the two comrce guilds were quite far apart, and the transaction involved tens of thousands of spirit stones, with both buyers and sellers engaged in an invisible negotiation.
If it weren’t for the fact that geological fire is a highly stable hard currency, the bargaining process could have taken ten tis as long without being unreasonable.
But speaking of it.
In these two hours, the crew sowhat familiarized themselves with the situation in Ziqiong City.
For instance, during this ti, they saw a transportation tool in the city resembling a public bus, solving Ma Ning’s previous doubts about the city’s scale:
This transportation tool is called the Guangba car, resembling a cable car, and was reportedly invented by a craftsman nad Guan Ba, capable of carrying thirty to forty people in one go.
The Guangba car is driven by so kind of array, with a speed of about 30 kiloters per hour.
This vehicle has its own dedicated roads in Ziqiong City, and according to the driver, these dedicated lanes are established on all major roads in the city.
So the Guangba car can basically reach most main areas in the city, and if you need to go to a secondary or smaller area, you can just walk a bit after getting off.
As for the price of the Guangba car, it’s not expensive.
One copper coin can buy ten tickets for the Guangba car, allowing five round trips.
This price is relatively low for the residents of Ziqiong City and is not too high to bear.
After all, compared to the poverty of smaller towns, Ziqiong City has a much higher per capita inco, being the largest city within a thousand miles, comparable in status to Modu in this region.
So higher incos are quite normal.
Although there are cases of wage deductions in the city, as long as you are not a slave bound by a lifeti contract, the deduction ratio is only about ten to twenty percent, far less outrageous than the fifty to sixty percent in smaller towns.
As the saying goes, there’s no absolute fairness in the world.
In tis like these where life is treated lightly, being a citizen of Ziqiong City is already considered very fortunate.
This is also why obtaining a household registration in Ziqiong City is not easy.
Aside from becoming a lifeti-indentured laborer by selling oneself.
Ordinary civilians can either marry into a family or wait for a new round of household registration openings after a beast tide passes to obtain citizenship.
The scene shifts back to Lin Ziming and his group’s side.
In the past two hours, they used the Guangba car to reach two comrce guilds located more than eight kiloters apart in a straight line and successfully sold all five clusters of geological fire, acquiring nineteen thousand spirit stones in the end.
Added to the previous amount of nineteen thousand five hundred spirit stones (with five hundred being Tang Si’s commission) and the twenty-three thousand odd spirit stones the trade caravan had,
Lin Ziming and his companions now hold a total of over sixty-one thousand spirit stones.
This number is more than what they had before arriving in Ziqiong City, yet still far from being able to casually write checks, at least several thousand spirit stones short—after all, there are so many good things the rabbits want to buy.
For instance, spatial bags.
According to Wei Qiangsheng, even the cheapest spatial bag now costs over twelve thousand spirit stones, with a capacity of just over twenty cubic ters.
If it wasn’t for Wei Siming once risking his life in Yaoque, it would be impressive for the Wei Mansion to have a spatial bag with a twenty-cubic-ter capacity today.
Under normal circumstances.
To research spatial technology, the most rational way to purchase would be to buy a cheap, dium, and top-class spatial bag each.
The prices of these three items alone are estimated to be around seventy to eighty thousand.
Additionally, there are series of materials like spirit dicine and talismans unavailable in Chixian City.
A sword-qi talisman that a normal Qi Cultivation Stage person can use and pose a threat to a Foundation Establishnt stage cultivator costs a hundred spirit stones.
Talismans that can threaten Core Formation cultivators from Foundation Establishnt cultivators have a price tag reaching four digits.
Furthermore, there is a distinction between threatening and killing; the price of talismans that can kill Foundation Establishnt and Core Formation stage cultivators is even higher.
For example, the set of talismans the elderly in green used to kill a second-tier two-headed bull during the siege battle.
That set of talismans is called the Heaven-Burning Talisman, capable of killing a second-tier full-circle beast when using a set of three talismans, with a price of over a thousand spirit stones, and its value won’t drop below five hundred spirit stones for the remaining two.
After all, if the price were low, those three elderlies wouldn’t have needed to risk their lives back then.
In the rabbits’ original plan, the spirit stones Lin Ziming and his companions currently possess already represent the ultimate threshold the rabbits could have achieved in this journey—despite it seeming as though they could casually bring out ten clusters of geological fire, the quantity was ticulously calculated beforehand.
This allowed them to earn so money without causing a significant issue.
Since the rabbits did not intend this trip to Ziqiong City to be a one-ti deal, future transactions will certainly not be infrequent.
It’s fine to exploit a few blackhearted comrce guilds this ti, but if they were to bring tens or hundreds of clusters of geological fire.....
Next ti the rabbits co, they’ll be ready for an ambush.
Thus, under normal circumstances, the sixty-plus thousand spirit stones Lin Ziming now holds is already a peak.
Yet now a chance to earn substantially has erged.... Thus, there’s a possibility that these over sixty thousand spirit stones can increase a little more.
As previously ntioned.
A regular family can generally achieve a flow of about six thousand in a market gathering, and according to the classic 631 theory, the flow for each family during the market on average can reach around twelve thousand spirit stones, considering both small and large families combined.
This year, there are about a hundred eighty trade caravans, including quite a few families who have co together in teams.
The total number of caravans has decreased this year, but the total amount of goods each caravan carries has remained unchanged, aning their total trade volu of goods should be two million—just the flow from supplying beast materials.
Added to various other trades appearing during the market besides beasts: such as the Wei Mansion’s Seven-Color Vine, for example, and the sale of elixirs by so Alchemy Clans...as well as the buy-sell positions of over sixty comrce guilds within Ziqiong City itself.
With additional buyers flocking from surrounding cities, the market’s basic turnover can at least reach four hundred thousand spirit stones.
One spirit stone translates to six thousand Huaxia yuan, so four hundred thousand spirit stones amount to about 2.4 billion Huaxia yuan.
Ziqiong City aligns with Huaxia Magic City in the Damo Realm, where the 20th Magic City’s trade fair achieved a total trade value of 72.62 billion US dollars over five days, roughly equating to about four trillion yuan according to exchange rates.
Considering the comparison in productivity between the Damo Realm and Huaxia mainland, this flow is a normal figure, knowing markets are usually held every three to four years on average. (As many readers have been curious about the market flow, I’m taking this chance to explain it fully. I already modeled Damo Realm’s economic system and spatial structure before opening the book, so it’s quite stable.)
So the rabbits entering with sixty-plus thousand spirit stones, as long as they handle things right, they can easily withdraw smoothly without trouble.
Perhaps so might wonder, with the rabbits initially clamoring about buyouts, just how much could they gain?
A market base of over four hundred thousand spirit stones, plus this year’s nearly halved trade caravan numbers, even though the amount of beast materials each caravan carries remains unchanged, ans the total quantity of beast materials nearly halves too.
Trade caravan’s average is 16,000 spirit stones, with a total base of 400,000, assuming purchase price x, selling price 1.3x, simultaneously calculating with the original 140% buyer saturation level.
Using the ROS/RMS matrix and PQ supply-demand curve assist calculations,:
When the price of beast materials increases by 25%, the compounding return on the base reaches 17.2%, roughly fifty thousand spirit stones.
When the price increases by 50%, the compounding return climbs to 28.3% and grows exponentially when the price increases by 60% or more.
Furthermore, as anticipated by a group of top-tier experts, the increase in beast material prices this ti is very likely to start hitting 60% at least.
If the opportunity is seized successfully, the sixty thousand plus spirit stones in Lin Ziming’s hands could likely reach up to a hundred thousand.
It’s ntioned earlier.
An ordinary family could potentially reach around six thousand in transactions during a market assembly, and according to the classic 631 theory, once you average it across both small and large families together, each family can reach about twelve thousand in transactions during the market period on average.
Combining this with other families accompanying the hundred eighty or so trade caravans arriving this year, even with the total caravan count reduced, the total volu of goods each caravan carries remains almost unchanged. Therefore, assuming their purchasing prices are x, and their selling prices are set at 1.3x, calculated together with the original circulation base of four hundred thousand spirit stones.
With an increase of 25% in beast material prices, the yield from the base circulation can reach 17.2%, roughly equating to fifty thousand spirit stones.
These entire calculations are supported by the classic ROS/RMS matrix along with the PQ supply-demand theory curve.
However, according to predictions from a group of top experts back at the headquarters, the minimum increase in the price of beast materials this ti may start at 60%.
Hence, with the successful handling of the opportunity to earn profits, Lin Ziming’s sixty thousand plus spirit stones in hand may very well reach a hundred thousand.
In the original plans of the rabbits, the spirit stones currently in Lin Ziming and his companions’ possession were already considered the maximum limit they could attain on this trip. Despite it seemingly being easy for the rabbits to casually bring out ten clusters of geological fires, the quantity had been ticulously calculated before being decided upon.
The plan was to earn so money without causing significant trouble.
After all, the rabbits’ visit to Ziqiong City isn’t a one-off; they plan to conduct more transactions in the future.
This ti, they can exploit a few black-hearted comrce guilds, but if they were to move tens or hundreds of clusters of geological fire...
Next ti, the rabbits return, they’d be setting themselves up for blockades.
Thus, under normal circumstances, Lin Ziming now having over sixty thousand spirit stones is already an apex.
But now an opportunity has arisen that suggests... that these sixty thousand plus spirit stones might increase a bit more.
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