Another great Classic experience

[indiscriminate_hater]

EC fat cats are keeping the market alive

[Blitzers]

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

An automated auction would have the same effect. You're thinking purely of buy-it-now with a set price.

ie; this game would be much better if it had a WoW AH clone.

The point of this is that a bazaar/auction house removes an aspect of the game that is enjoyable and requires effort to achieve.

2 days ago I bought a festering cloak in EC for 75p because I was impatient and just wanted something other than cloth for my back. I later saw someone selling a festering cloak for 15p. Feeling bitter about just wasting 60p, I ran over to Orc 2 and gave away my festering cloak and pursued other cloak options. The free market does have its pitfalls but when u run in to them u have no one to blame but urself.

[Enderenter]

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

I can't remember who's sig it is, but reminded me of this [You must be logged in to view images. Log in or Register.]

[You must be logged in to view images. Log in or Register.]

This is great.

[Lictor]

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

The point of this is that a bazaar/auction house removes an aspect of the game that is enjoyable and requires effort to achieve.

2 days ago I bought a festering cloak in EC for 75p because I was impatient and just wanted something other than cloth for my back. I later saw someone selling a festering cloak for 15p. Feeling bitter about just wasting 60p, I ran over to Orc 2 and gave away my festering cloak and pursued other cloak options. The free market does have its pitfalls but when u run in to them u have no one to blame but urself.

How is that any diff than checking bazaar vendors until you find the first usable cloak not cloth and buy it on sight bc you were impatient that day. Next day you see a vendor while looking for some other armor selling that same cloak for 10pp?

[SCB]

Free market capitalism was such a stupid idea that it didn't even survive past the generation that thought it up.

Communism worked better, and we're still seeing the ridiculous fallout from that awful idea.

Grats on the pp tho.

[Blitzers]

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

Free market capitalism was such a stupid idea that it didn't even survive past the generation that thought it up.

Communism worked better, and we're still seeing the ridiculous fallout from that awful idea.

Grats on the pp tho.

Communism worked better, yes mass graves and enslavement is far better, I hope your not teaching anyone that. God these millenials are so stupid

[Blitzers]

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

How is that any diff than checking bazaar vendors until you find the first usable cloak not cloth and buy it on sight bc you were impatient that day. Next day you see a vendor while looking for some other armor selling that same cloak for 10pp?

It's alot different for 1, that noob at Orc camp would have never got a free cloak, also I more then likely would have never bought a festering cloak in the 1st place being that everyone's bank junk would be listed at the bazaar I would have bought something better or equivalent for probably less play, but most importantly the experience of negotiating the deal and the legwork involved in the transactions would never existed, which is the most valuable part of the deal to me, the interaction. It's not about the "end result" for me, it's about the overall experience that makes it enjoyable and valuable. With the bazaar, The Ends do not always Justify the Means.

[maskedmelon]

This thread smells of dubious intent >.> but as champion of the free market, I must speak ^o^/


I am not sure I we the point of sharing this particular story in this fashion because all it will do aside from receiving a few nods of agreement is incite the emotions of the feeble minded.


On that note there is nothing wrong or amoral about the transaction. The OP stated the desired compensation and the buyer offerred less compensation to which the seller agreed. The item was worth whatever the buyer paid, because if it were not s/he, of presumed rational mind, would not have paid it. By paying the price that s/he paid, s/he [b]necessarily[/b ] receives the level of utility that s/he associates with the purchase price.

I think the OP's second post helps to illustrate this, though it demonstrates a strain of irrational thought too [You must be logged in to view images. Log in or Register.] People associate different levels of utility based on preferences which can fluctuate wildly. I remember a couple if years ago I paid 3k for a CoS because I had not seen many for sale at that time, I wanted one. And there was one for sale. I knew it was overpriced, but even if I hadn't it'd not've made a lick of difference.

Here is the important part, whether the buyer is aware or unaware of the average going price of an item is irrelevant because s/he has equal access to that information. S/he can ask for a PC in ooc, s/he can spend time in EC to learn prices, s/he can consult a friend or guildy, s/he can search the internets. Failure to do so demonstrates apathy or laziness. And there is nothing wrong with that! Most people actually behave that way anyway, making purchases based in what seems reasonable rather than exhaustive comparative analysis ^^

[maskedmelon]

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

Free market capitalism was such a stupid idea that it didn't even survive past the generation that thought it up.

Grats on the pp tho.

No it just brought us civilization and continues to thrive wherever people interact.

[Blitzers]

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

No it just brought us civilization and continues to thrive wherever people interact.

Amen