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LisaTM
YoCrazy

Status:
Registered: Feb 24, 2009
Posts: 24283

Tue Jun 17, 2014 6:14 am
Borgessa (124826802) wrote:
Munekun (126426638) wrote:
LisaTM (10095126) wrote:Yeah, Like i mentioned above it's not really even a case of ever losing money since people will buy the items for the high price, I just feel slightly bad passing it along to someone else at such an inflated price.


People are not going to over pay because of your mistake. You should have been aware of the actual price via price guides.
If your selling for 800 and everyone else selling for 400. Then it may just have to be a long term investment. Or you take a loss.


Erm...the quotes are mixed up. That was Munekun's post LOL

Lempika
YoNovice

Status:
Registered: Oct 03, 2009
Posts: 95

Tue Jun 17, 2014 6:25 am
Borgessa (124826802) wrote:
Munekun (126426638) wrote:
LisaTM (10095126) wrote:Yeah, Like i mentioned above it's not really even a case of ever losing money since people will buy the items for the high price, I just feel slightly bad passing it along to someone else at such an inflated price.


People are not going to over pay because of your mistake. You should have been aware of the actual price via price guides.
If your selling for 800 and everyone else selling for 400. Then it may just have to be a long term investment. Or you take a loss.

I think you maybe misunderstood what i said or maybe i worded it incorrectly because someone[whoever bought it] had no problem buying it for price i put it up for[On auction] but i was infact aware of the price guide beforehand and never once considered it a mistake, but i saw it selling for much higher than the outdated guides before i had bought it so i decided to take the risk, and i did infact make a profit of 375k and once put up on auction sold surprisingly fast.I simply stated that i slightly feel bad for selling it for a high-ish price even though i was infact selling it for lower than others at the time and not knowing if guides should be followed. But whatever, i guess. Prices just seem to be "anything goes" lately.

Nina
YoAficionado

Status:
Registered: Sep 24, 2008
Posts: 3447

Tue Jun 17, 2014 6:33 am
Munekun (126426638) wrote:I think you maybe misunderstood what i said or maybe i worded it incorrectly but i was infact aware of the price guide beforehand and never once considered it a mistake, but i saw it selling for much higher than the outdated guides so i decided to take the risk, and i did infact make a profit of 375k and once put up on auction sold surprisingly fast.I simply stated that i slightly feel bad for selling it for a high-ish price even though i was infact selling it for lower than others at the time and not knowing if guides should be followed. But whatever, i guess. Prices just seem to be "anything goes" lately.

No one has to buy it. The pool was worth the money to the buyer. I overpay many times because the item I look for is hard to find, or because I want to finish a room. There's no need to feel bad about it, it was the buyer's choice. :)

Lempika
YoNovice

Status:
Registered: Oct 03, 2009
Posts: 95

Tue Jun 17, 2014 6:36 am
Nina (2904106) wrote:
Munekun (126426638) wrote:I think you maybe misunderstood what i said or maybe i worded it incorrectly but i was infact aware of the price guide beforehand and never once considered it a mistake, but i saw it selling for much higher than the outdated guides so i decided to take the risk, and i did infact make a profit of 375k and once put up on auction sold surprisingly fast.I simply stated that i slightly feel bad for selling it for a high-ish price even though i was infact selling it for lower than others at the time and not knowing if guides should be followed. But whatever, i guess. Prices just seem to be "anything goes" lately.

No one has to buy it. The pool was worth the money to the buyer. I overpay many times because the item I look for is hard to find, or because I want to finish a room. There's no need to feel bad about it, it was the buyer's choice. :)

I guess that is the best way to put it and it was a worthwhile investment to have bought it since i did get a profit. Thanks.

LisaTM
YoCrazy

Status:
Registered: Feb 24, 2009
Posts: 24283

Tue Jun 17, 2014 6:42 am
Nina (2904106) wrote:
Munekun (126426638) wrote:I think you maybe misunderstood what i said or maybe i worded it incorrectly but i was infact aware of the price guide beforehand and never once considered it a mistake, but i saw it selling for much higher than the outdated guides so i decided to take the risk, and i did infact make a profit of 375k and once put up on auction sold surprisingly fast.I simply stated that i slightly feel bad for selling it for a high-ish price even though i was infact selling it for lower than others at the time and not knowing if guides should be followed. But whatever, i guess. Prices just seem to be "anything goes" lately.

No one has to buy it. The pool was worth the money to the buyer. I overpay many times because the item I look for is hard to find, or because I want to finish a room. There's no need to feel bad about it, it was the buyer's choice. :)


Agree with this. If someone wants something badly enough, they will pay higher. I do it all the time. Buyers are just as responsible as sellers for prices.

Borgessa
YoFan

Status:
Registered: Sep 27, 2009
Posts: 1825

Tue Jun 17, 2014 6:52 am
LisaTM (10095126) wrote:
Erm...the quotes are mixed up. That was Munekun's post LOL


My apologies i was just removing all the jibber jabber.. I hate quote after quote after quote.. Its the ocd in me. I never realised they had gotten mixed up..

Munekun. Maybe I did miss understand. I thought you had said, at the last min you had bid and over paid. And would have to then send that high price on to the next person who bought. My eyes are so and no focusing properly. My mistake.

I am always willing to pay extra for something i actually want :)

Pete
YoSupporter

Status:
Registered: Sep 14, 2008
Posts: 627

Tue Jun 17, 2014 7:12 am
Price guides are a prime source of false information.

There is no way any price guide can accurately monitor all events, private trades and items on auction to determine a price for a item. The most accurate indication of an items price is the average price shown in the AH as BVG has access to information that price guides don't. Price guides would have to employ many people 24/7 to watch over every event and every trade to somewhat accurately monitor prices, but they would still not have direct access to information like BVG uses in the AH average price. Price guides cannot and do not do that. Most of the time price guides suck their prices out of their a....!

There was also a recent scandal where one of the major price guides had an agent in their midst who was banned for selling coins. Price guides do not even have the means to determine if the people they employ are criminals who fraudulently falsify prices in order to sell more coins on the black market. On top of this not one price guide is transparent enough to inform their users of how they determine their prices. Why, because they do not have the means to determine prices in a honest accurate manner and revealing how they determine their prices would only confirm this.

A lot of people are surprised by the AH average prices and how they differ from the price guides. This difference goes to show how inaccurate price guides have been in the past as the AH average price is calculated from data pulled directly from the game while the price guide data is pulled directly from their a....!

LisaTM
YoCrazy

Status:
Registered: Feb 24, 2009
Posts: 24283

Tue Jun 17, 2014 7:20 am
Borgessa (124826802) wrote:
LisaTM (10095126) wrote:
Erm...the quotes are mixed up. That was Munekun's post LOL


My apologies i was just removing all the jibber jabber.. I hate quote after quote after quote.. Its the ocd in me. I never realised they had gotten mixed up..

Munekun. Maybe I did miss understand. I thought you had said, at the last min you had bid and over paid. And would have to then send that high price on to the next person who bought. My eyes are so and no focusing properly. My mistake.

I am always willing to pay extra for something i actually want :)


No worries! I'm still getting the hang of the quoting stuff here. Used to the old forums LOL

CiaoBella
YoApprentice

Status:
Registered: Jul 30, 2009
Posts: 216

Tue Jun 17, 2014 7:33 am
I guess the price of something is really determined by what players are willing to pay. Sometimes the item is hot and sometimes not.

Borgessa
YoFan

Status:
Registered: Sep 27, 2009
Posts: 1825

Tue Jun 17, 2014 8:13 am
Pete (2679242) wrote:Price guides are a prime source of false information.

There is no way any price guide can accurately monitor all events, private trades and items on auction to determine a price for a item. The most accurate indication of an items price is the average price shown in the AH as BVG has access to information that price guides don't.


Absolutely incorrect. People are using the AH as i stated earlier, to transfer coins. Which is why 50c shoes go for 22 million coins. ETC

Adeline
YoWild

Status:
Registered: Aug 12, 2009
Posts: 13449

Tue Jun 17, 2014 8:16 am
Big V, you can go in the auction house and see who are offering these items. Please do. We want to know if there is some funny business going on.

FroggerTkL
YoApprentice

Status:
Registered: Mar 04, 2012
Posts: 189

Tue Jun 17, 2014 8:16 am
Here is something weird, The necklace that is shown in my Wishlist below was 300k about 2-3 months ago, Now the priceguides are saying 1.1-1.5M.....
That is way overpriced. And I can bet the priceguide is wrong on this too..The necklace isnt the easiest thing to find but that doesnt mean people should just pricejack it for no reason :\

Borgessa
YoFan

Status:
Registered: Sep 27, 2009
Posts: 1825

Tue Jun 17, 2014 8:28 am
Adeline (113719515) wrote:Big V, you can go in the auction house and see who are offering these items. Please do. We want to know if there is some funny business going on.


I am sure using the AH to transfer coins is legit.. But I will say, it will cause some serious pricejacking issues on a lot of items that are worth nothing and still on sale in stores, (well at least a lot of confusion). My friend thought she was loaded as she had these little black shoes going for average price of 22m in the auction house. Was crying because she only had an hour to go and someone had bid only 100 coins on them. When I checked it for her, and unclicked the don't show in store items they disappeared.. yet we couldn't find them instore.. Until we decided to look in the mens shoe store, and yip there they where for 50 c.. and i'm sure this is happening with many many other objects.

Veronica
YoLover

Status:
Registered: Sep 19, 2009
Posts: 2982

Tue Jun 17, 2014 8:53 am
When people are selling, they say price guides are invalid and crap, they ask way MORE.
When people are buying, they say the items aren't worth the price the seller is asking, they tell them to go check the guides.

So are the prices on guides are valid or not? People have to sell over-price guides because that's what people are doing to them when they wtb something.
There is no average, nothing to get refence anymore. I am confused too.

Mamba
YoAdmirer

Status:
Registered: Jul 09, 2008
Posts: 2053

Tue Jun 17, 2014 8:59 am
I honestly dont think there is a full on accurate way to know for sure what an item is worth. It truly is in the eye of the beholder. I saw an 09 collectible i had wanted for a while at a sale for 1.8m. I really wanted the items so I bought it. This was more than the price listed on the PG's. A day later I saw one for sale in AH for about 1.2m. So I was bummed thinking I could have saved some coins. A day later same item was being bid on and selling for over 2.4m. So I was like wow the price of this item is all over the place. AH average says its about 2m. So who knows.

Adeline
YoWild

Status:
Registered: Aug 12, 2009
Posts: 13449

Tue Jun 17, 2014 10:07 am
Well it is clear to me that someone is updating prices at yorehab. They have that round fruitcake for the price it is being sold at in the auction house. They do not, however, say where it is from.

Adeline
YoWild

Status:
Registered: Aug 12, 2009
Posts: 13449

Tue Jun 17, 2014 10:09 am
As far as transferring coins being ok, there is a charge for doing so, but who is getting all the coins? That is what I would like to know. Like everyone else in here, I am quite capable of creating all kinds of possible scenarios.

Has anyone noticed that the whining and moaning and begging of the banned seems to have stopped?

Veronica
YoLover

Status:
Registered: Sep 19, 2009
Posts: 2982

Tue Jun 17, 2014 10:32 am
Adeline (113719515) wrote:As far as transferring coins being ok, there is a charge for doing so, but who is getting all the coins? That is what I would like to know. Like everyone else in here, I am quite capable of creating all kinds of possible scenarios.

Has anyone noticed that the whining and moaning and begging of the banned seems to have stopped?


So you say they transferred all those coins from the banned accounts to new accounts? How can this be possible? I mean nobody gets notified before being banned. Just some of them who did things that cause being banned could have thought of it and removed their coins while they can but that's it.

Samberg
YoAficionado

Status:
Registered: May 13, 2014
Posts: 3857

Tue Jun 17, 2014 12:19 pm
FroggerTkL (182216158) wrote:Here is something weird, The necklace that is shown in my Wishlist below was 300k about 2-3 months ago, Now the priceguides are saying 1.1-1.5M.....
That is way overpriced. And I can bet the priceguide is wrong on this too..The necklace isnt the easiest thing to find but that doesnt mean people should just pricejack it for no reason :\


The guide is wrong on that necklace. But not in the way you think.

I put that necklace in ah a week ago, it sold for 1.8m.

Adeline
YoWild

Status:
Registered: Aug 12, 2009
Posts: 13449

Tue Jun 17, 2014 12:27 pm
Veronica, I am saying I can imagine various scenarios just like others can. I have discovered that there are intelligent people who play this game and others who are not in that category. I also discovered that over the years there "were" organized efforts made up of many people. BigV did a remarkable job and made it clear they were working hard to eliminate certain undesirable elements from the game.
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