Quote:
Originally Posted by Iksar_with_a_plan
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There's always one of these in every thread eh?
We get it, you took an economics class in community college...
I guess we can scratch that word from the dictionary then? Someone call Webster...
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No economic classes, just half a brain and some common sense.
Also I've turned a stack of bone chips into millions of platinum over a few months in the EC tunnel casually flipping shit on a 19" monitor while doing actual RL work on the side, 2-3 years ago (how? keywords: log, tail, grep, notifications). So I have a pretty good vision of the P99 economy, sellers, buyers, farmers, people in a hurry, etc.
People who use the word "overpriced" when talking about the EC tunnel action simply don't give it very much thought.
Again, there's no "overpriced" or "underpriced". If Boutik (or whoever the current famous EC flipper there is) decided to profit by buying as many CoS as possible, all he does it to drive the offer down.
The offer goes down, the demand stays the same, this drives prices up. But the item isn't becoming overpriced. It's still properly priced, the price just went up.
Just like when there's a new conflict in the Middle-East, gas prices go up. Gas doesn't become overpriced. It's just the new gas price.
TL;DR: the most overpriced item on P99 is obviously Lulz's cups of coffee. Now THAT is overpriced.