Quote:
Originally Posted by Lhancelot
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Well you are taking what I write about P99 auctions and only reflecting on what you want to disagree with. That's fine.
My take on P99 auctions is that it had pros and cons. I never said it was awful. I simply explained the good and bad of it.
The fact is that it was manipulated easily by ingame players.
Another fact is it provided a very convenient way to watch a live stream of ec, and it did provide some baseline average price on all items auctioned.
Whether that price was always a fair or accurate number is up for debate.
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Not to sound condescending, but judging by your join date you joined the server after p99auctions had already been around for a while. How can you really have a sense of how p99 auctions changed the server? Before p99 auctions buying/selling in EC you had assholes already. Here are a few random things I have noticed peddling a lot of farmed goods in EC before and after p99 auctions began.
1) It seems like the site facilitated trade more easily: people on both ends were pretty confident with prices being around what they expected, particularly with commonly sold goods.
2) Before p99 auctions, if I auctioned something at 3k, even if it was below what I almost always saw it for sale for in ec, I'd get tells for buying at 2.5k and reject. These people would almost always insist that 2.5k was fair price, or they couldn't afford more, or their dog died so please help them out etc. After p99 auctions, I'd say 75% of the time I reject a lowball offer they just say "fine I'll buy at 3k."
3) Prices seem to have a much lower variance: Schnickusaurus even made a thread about how he can only turn 1k profit buying/selling on Fungis and he was going to "retire" from this market.