P99 Auctions is Closing

[Triode]

Originally Posted by Lhancelot [You must be logged in to view images. Log in or Register.]

My point is, resellers flourished while P99 auctions was up, and it most likely was sabotaged by people making far more than some extra 100 plats on some low tier items here and there.

I don't disagree with the latter half of this statement, but I question the former.

At least during my extensive playtime on live (vanilla through pop, and as a serious raider starting during velious), resellers profited based on superior knowledge and/or their ability to convince buyers to spend more than an item was really worth. The knowledge afforded to casuals by p99auctions would tend to undercut these factors, except in the case, as mentioned, of certain players who presumably used alts/friends to manipulate the pricing data for certain items they were farming.

That said, in the brief time I have been playing on p99, I have watched prices decline significantly on a lot of big ticket items, including torpor and fungi's, and on popular mid-tier items like PSC's and SCHW's. So I'd be curious which items folks saw going the other direction due to manipulation? My take is that prices were falling on the whole due to better market information and, presumably, higher supply of certain desirable items since players were spending more time playing (thanks to the auction sites) and less time lingering in EC. This is beneficial to most everyone aside from the p99 1% tunnelquesters.