We don't need no stinking...

[KyrismaStarsong]

This is a whine thread, I've resisted making this post for a long time but today I've had enough and need to vent.

I get it that re-selling is part of the economy and the game in EU. I even get it that it's fun for some people to be traders and make a nice little profit for themselves, I'm not against that. What I really really hate is when the re-sellers intentionally screw somebody out of a good deal in favor of protecting the MU of that particular item. It's happened to me on more than a few occasions and its getting old.

I think I'm doing good, less than a minute to go before I win the auction I was camping (no buyout), the well known re-seller that I was just bidding against surprisingly decided to let me come out on top on this one. Shoot, another well known reseller is now in and the bid clock resets to 5 minutes. We go back and forth, just the two of us, until the price I thought I was going to win at is now more than doubled and it's becoming less attractive as a resale item, or so I think. Two minutes go by, three to go, looks like it's just me again.

I'm still in because after all, I'm buying the item for the FUN of it, not to try to profit off of somebody else. I'm in, and now it seems so is the most well known and ruthless re-seller of them all. Apparently he doesn't care about his margins because now the bid price on the item is about triple what I thought I was going to win it at and we're both clicking away as the price goes higher and higher. At this point I think he's just in it to get the price up and protect his holdings by inflating the value. Well, he did accomplish that. He also ran the price up to where I was no longer able to justify the expenditure. He wins the bid, and probably makes literally a few ped on the resale, assuming the item goes for at or above current mv. I go from excited about getting a new toy to mad and upset about the blatent greed and disregard for a fellow avatar.

It's the same three avatars pulling this crap day in and day out. I'll bet everybody reading this thread can easily name them. Today I got the distinct impression that the last of the three got real joy out of running up the price on me and sniping away the item, I could almost see the smile on his face. I had already made 12-15 separate bids before he even made his first, it was clear I was in for the duration, WTF? I even feel like he was happy to "get" me personally since we've bid against each other so many times, but that's probably not true since I suspect all of them bid against, and "get" pretty much everybody who uses the AH equally.

So that's my gripe. Today I had 100% of the fun sucked out of EU right out from underneath me before I even got started, and this time it was those stinking re-sellers and not MA or FPC.

 

[Immortal]

Good luck vs the zombie horde. Try bidding realistically. Are the minute amount of peds you save by bidding low worth the stress?

 

[CyberPunk]

While I can understand your frustration, this competition is great when you're the seller. Look at the upside

 

[Grrrrr]

While I can understand your frustration, this competition is great when you're the seller. Look at the upside

Well no, not always the case. And I can vouch for the threadstarter recently selling something nice which attracted just the one bidder. The buyer got a shock when he found out he won the sale.

 

[Thaddeuss]

i just want to say all to often i see newer people getting pissed off about this type of thing...

in reality most of the time they dont know any better...

u see an item u want in auction with as current bid way below market value..

so u think wow 2 hours to go before its done im goign to get this thing for a steal!!

well in all actuality most people put in a starting bid then leave it til the finall hours or minutes of the auction...

suddenly the oblivious bidder is getting outbid and watches the price climb to at or above market value.. and gets pissed off about it ...

i understand ur upset u didnt get what u wanted but be realistic.. rarely are u goign to get something on auction for way below market value theirs always someone willign to throw the ped at it just for the investment or like you said to keep the marklet value steady for their own personal gain....

maybe im just becoming numb and unsympathetic to whine posts but idk just seems u misunderstand how auction works.. why should another bidder care how long u been sitting on an item on auction...

they shouldnt imo....

 

[DurakJung]

i

maybe im just becoming numb and unsympathetic to whine posts but idk just seems u misunderstand how auction works.. why should another bidder care how long u been sitting on an item on auction...

they shouldnt imo....

An Auction is an Auction. You bid as much as you want to pay for an item.

Whining because you were bid up on an item I dont understand. Of course if the auction is below MU it is worth bidding on. The if it goes above MU stop bidding. Simple

This is the point of the auction process and can be worked both ways. The seller will only go backwards if he keeps upping the bid and gets stuck with the item. Same as the buyer.

The buyer is the one that controls market not the seller.v If the buyer stop pushing the price the seller has to go down or not sell at all.

If the buyer is silly enough to overbid on an item against a seller it is they who are driving the market.

Surely it is easier just to wait for the next sale when the price is right and eventually pay a realistic price.

Jung

 

[mastermesh]

hmm...

Yes. That's annoying. It's also the number 1 reason I don't do a lot of auction buying or selling. If you want the really sweet deals, go to real shops in game. Believe it or not, a lot of us shop owners try to keep prices BELOW what folks are paying on the historic auction pricing.

Here's just a few of the major advantages of shopping in a shop instead of at the auction
- prices can be lower since taxes are lower than auction fees for seller

- no relisting price at a shop like there is in auction, so that lets shop owners keep prices low too.

- you are supporting those that have invested in the game heavily (buying a shop ain't cheap) that probably have contacts that can get you an ongoing supply of whatever you are looking for cheaper than the auction can.

- some shop owners will let you sell stuff in their shops. I do consignment deals all the time, and so do a lot of other shop owners.

- supporting shops keeps prices low. A lot of us shop owners try to keep prices low so that you will come back to our shops often.

Therefore, if prices are lower at shops, and buying things at shops can cause historic markup to go down - buying at a shop can allow you to hurt those evil resellers that you are talking about that are scamming the auction because the prices they just bought at are now higher than the daily market value.

 

[Mega]

If you want the item for yourself, you will almost always beat a reseller, as they have to add on a relisting fee + profit.

If they do outbid you and pay over the odds, leave them to it and wait for a similar item to appear a week later - it usually does.

 

[Immortal]

If you want the item for yourself, you will almost always beat a reseller, as they have to add on a relisting fee + profit.

A lot of them seem to have failed at basic primary school mathematics (as well as life), epicly.

 

[TheGreatest]

This is one whinge I can't co-sign.
Strange...

If you don't want to be out-bid, don't use the auction.

 

[Nobatbbi]

teach them a lesson ---- bid it up and let them win

 

[Brooklyn]

So that's my gripe. Today I had 100% of the fun sucked out of EU right out from underneath me before I even got started, and this time it was those stinking re-sellers and not MA or FPC.

It's always go'n be
somestink'nbody



We don't need your grip'n stink'n bidding
much less stink'n whin'n​

​

 

[maxwellhawk]

hehe Welcome to PE/EU - in this game greed over come'th

 

[KyrismaStarsong]

Good luck vs the zombie horde. Try bidding realistically. Are the minute amount of peds you save by bidding low worth the stress?

Probably not.

Whining because you were bid up on an item I dont understand. Of course if the auction is below MU it is worth bidding on. The if it goes above MU stop bidding. Simple

Jung

I guess I'm more whining about who I lost to and not the why or by how much. I don't mind loosing an auction but watching the same three people bidding up every single piece of crap on the block gets frustrating.

teach them a lesson ---- bid it up and let them win

Well, I took it up a little further then I would have otherwise with something like this in mind when I finally quit.

It's always go'n be
somestink'nbody



We don't need your grip'n stink'n bidding
much less stink'n whin'n​

​

Where did that come from? I've always supported you. Is it your personal mission to piss EVERYBODY off?

Screw You!
​

 

[kosmos]

Where did that come from? I've always supported you. Is it your personal mission to piss EVERYBODY off?

Screw You!
​

By now you should know how random most her posts are. She just likes to goad people.

Good luck vs the zombie horde. Try bidding realistically. Are the minute amount of peds you save by bidding low worth the stress?

I apply this strategy if I notice something I want is getting attention. Earlier this week I was after some prospector skills to max out my next finder. I bid on a few low start bids with high buyouts. I just bid the item up to the point where the buyout wasn't achieved and to the point a reseller would back off and not take the risk. Won 3 or 4 chips with that method with no problem.

Yes. That's annoying. It's also the number 1 reason I don't do a lot of auction buying or selling. If you want the really sweet deals, go to real shops in game. Believe it or not, a lot of us shop owners try to keep prices BELOW what folks are paying on the historic auction pricing.

Here's just a few of the major advantages of shopping in a shop instead of at the auction
- prices can be lower since taxes are lower than auction fees for seller

- no relisting price at a shop like there is in auction, so that lets shop owners keep prices low too.

- you are supporting those that have invested in the game heavily (buying a shop ain't cheap) that probably have contacts that can get you an ongoing supply of whatever you are looking for cheaper than the auction can.

- some shop owners will let you sell stuff in their shops. I do consignment deals all the time, and so do a lot of other shop owners.

- supporting shops keeps prices low. A lot of us shop owners try to keep prices low so that you will come back to our shops often.

Therefore, if prices are lower at shops, and buying things at shops can cause historic markup to go down - buying at a shop can allow you to hurt those evil resellers that you are talking about that are scamming the auction because the prices they just bought at are now higher than the daily market value.

Please don't take this the wrong way. I like most of your post. I also understand you own a shop and have your own agenda, but lets take a second on why some people don't use shops.

1. They are spread out across the world.

2. No way to reasonably search through a Mall area efficiently. (same can be argued for auction but to me it eats up 1/2 my time).

3. Shops can close down if fees aren't paid and People depend on them being stock.

4. People like convenience. Auctions are all over the world and a majority of the time well stocked.

5. Many shops require tp runs to get to, and even after that some are just a pain in the ass to find. Personally if it takes me more than a minute to find a known shop I don't bother.

Sorry Don't mean to be a downer but these are just my opinion. I do use 1 shop frequently, because its easy to find and has great rates on a consumable I use daily. Btw this individual uses banners to advert his shop with a clear location on how to get to it.

Good luck with you shop. They are challenging to run. FYI many successful shop owners still use the auction system.

Kosmos

 

[Redfrog]

It bugs me too Kyrisma. But don't let it is the lesson I've learned both with ingame auctions and RL ones. Some you win and some you lose.
I've had exactly the same problem more than once, only to see the item back in auction within minutes at a higher price.

Just wait till you see the reseller in PvP and use the money you saved for ammo

 

[KyrismaStarsong]

If you want the item for yourself, you will almost always beat a reseller, as they have to add on a relisting fee + profit.

If they do outbid you and pay over the odds, leave them to it and wait for a similar item to appear a week later - it usually does.

2 months later to the day.....

Same item, same reseller, timing is coincidental except for the guy never leaves his computer so of course he'd be there bidding again. Yeah I won the item this time around but there were no other bidders in the war and he ran me up from what amounted to +24 all the way up to +82 before he laid off, almost same starting and ending places as the last go around. Small potatoes maybe but that's 341%! To add salt to the wound, the same (exact) item that he bid me up on 2 months ago has been listed 3 times by him now, not to sell at his new price each time, and the most recent auction expiring only a few days ago. If he ever does get his price he's only gonna make 13% and that's before auction fees. WTF?

The only motivation I can think of is to keep the MV high and isn't that market manipulation? I doubt anything can be done except what I do and that's to refuse to buy anything they sell no matter how bad I might want it. This kind of thing is hard to avoid though, it's BS no matter what.

So yeah, anytime any newbie asks why things are so expensive in this game, especially the things that only have perceived value and no true use except as what I call "fluff" or flavor, just link them to this thread, or better yet tell them to pm me so I can give names of the worst ones, especially this dude. No reason to line the pockets of avatars that are nothing but a drain on the game and the economy. Fr*cking A-H*le!

 

[Hurrikane]

I know it's not the cheapest way to do things, but I can't stand faffing about, being outbid, building my hopes up and having them dashed; so I tend to buy everything on auction at buyout price. I get it, it's mine, seller happy, I paid more because that's what convenience and peace of mind are worth to me.

If you can't beat 'em, f@ck 'em.

Hurrikane

 

[Shady]

I know it's not the cheapest way to do things, but I can't stand faffing about, being outbid, building my hopes up and having them dashed; so I tend to buy everything on auction at buyout price. I get it, it's mine, seller happy, I paid more because that's what convenience and peace of mind are worth to me.

If you can't beat 'em, f@ck 'em.

Hurrikane

I dont like to be outbide eiter almost always buying at buyout Wen i loot a item that im not willing to use I put it in auction same bit same buyout whit a fair price and it always go

 

[Wollongong]

Makes you wonder why these people don't just go to RL and trade their. I imagine RL trades would be a hell of a lot more worthwhile, considering the time and effort that goes into it.

 

[Karmic]

I do wonder sometimes how the blueprint resellers make money, there are probably 6 or 7 at any given time 2-3 long term guys and 4 new names. One guy, almost without fail will outbid me at the last minute and then immediately re-list the BP for 3x the price he got it for. Naturally it won't sell, so he'll re-list 3-4 more times before giving up (since auc history never shows the BP sold).

I guess I'm patient enough that I pretty much expect to lose any auction that ends when I'm not online, but every once in a while like grr said I'm happily surprised that I win one.

 

[PopFuzz]

I wish they had proxie bidding so I could bid and let the system bid me up to the max I want to pay so no camping against resellers for an hour, I hate that.

I do recommend using pre orders for items your looking for, helps a lot of time to get something you want for a few peds below market.

 

[KyrismaStarsong]

Makes you wonder why these people don't just go to RL and trade their. I imagine RL trades would be a hell of a lot more worthwhile, considering the time and effort that goes into it.

I always think that. For the time and effort why not get a factor of x10. Plus, then, it's ALL business and not this disproportionate hybrid of business/pleasure. I can't see how somebody has "fun" staring at expiring auctions 24/7 but I suspect this particular avatar is more than one person and it's clear it's all about the ped and less about the game with them.

 

[dutch chap]

Makes you wonder why these people don't just go to RL and trade their. I imagine RL trades would be a hell of a lot more worthwhile, considering the time and effort that goes into it.

More than likely because they are not behind the computer themselves. It shouldn't be too hard to create software that autobids on stuff based upon a set of rules, and place it back on auction, also automated.

No idea if someone really created/uses such an OCR program, but it would explain a lot.