EC has too many resellers! Bring back P99 auctions!

[schnickusaurus]

The OP has a point, or more exact he favors the buyer.

Noone here had yet explained why pro-buyer likes p99 auction site and why it wiped away resellers.

Here's why:

With only a bad Ahungry that not many used, people checked p1999 wiki which was even worse as it listed auction prices rather than actual deal prices, which were overrepresented by those spamming the most ie high resellers.

Having that said, without p99 auction the people with best market price info and spread overview are of course the resellers. The casual buyer and newbies without p99 auction has information gap, and will risk being overcharged.

P99 auction closed that information gap -- a casual buyer received fast full details on latest price movements without even spending the demanding time that resellers do. Thats why i stopped reselling when p99 auction was launched. [You must be logged in to view images. Log in or Register.]

[Lhancelot]

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

The OP has a point, or more exact he favors the buyer.

Noone here had yet explained why pro-buyer likes p99 auction site and why it wiped away resellers.

Here's why:

With only a bad Ahungry that not many used, people checked p1999 wiki which was even worse as it listed auction prices rather than actual deal prices, which were overrepresented by those spamming the most ie high resellers.

Having that said, without p99 auction the people with best market price info and spread overview are of course the resellers. The casual buyer and newbies without p99 auction has information gap, and will risk being overcharged.

P99 auction closed that information gap -- a casual buyer received fast full details on latest price movements without even spending the demanding time that resellers do. Thats why i stopped reselling when p99 auction was launched. [You must be logged in to view images. Log in or Register.]

True, now that P99 auctions site has totally shut down, it should be more interesting in EC. There should be a more varied price gap on items, more extreme highs and more extreme lows. Like it should be.

I still cannot ignore the conveniences of P99 acution site though. It was quite nice to be in a different zone, and to be able to track auctions occuring in EC mere seconds of live time. Ahungry does not offer this.

I'd be fine if P99 auctions ran with only a livestream, but simply did not track every listed WTB/WTS item and it's price.