Quote:
Originally Posted by nocookiesforme
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I'm a little confused... are people posting logs of people /auctioning with prices, or are they posting logs of actual completed transactions? It seems like the former would give a lot more data points, but they wouldn't necessarily be as accurate. Just because people are willing to CHARGE X doesn't mean people are willing to PAY it...
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The former. Yes, it's really only indicative of asking prices. You just have to keep that in mind when examining the data.
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Info like this is great for giving you a price "neighborhood" for a given item. It's not necessarily going to tell you if a Froglok Bonecaster's Robe is worth 4k or 3.5k, but it will tell you that it's not worth 1k or 10k (to most people anyway).