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Old 11-02-2016, 03:24 PM
fadetree fadetree is offline
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Join Date: Mar 2012
Posts: 1,958
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Quote:
Originally Posted by Tuurin [You must be logged in to view images. Log in or Register.]
Basic economics: Traders rely on price variation (buy low, sell high). If everyone pretty much agrees on a price for an item (historical and average price data provided by auction site) then trading becomes much less lucrative, since nobody really sells for less than value and nobody really buys for more than the value.

But if there's no set price (no auction site, no historical data) then it's the wild west again and those with more information (tunnelquesters) have a big advantage.
Not just more information; more patience. The primary adjuster of value in a situation like this is the relative willingness to wait.
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