Whats with the bidding??

[Ledzepp02]

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

think outside the bid

fix'd

[Anger]

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

think outside the bun

old meme is old.

NEW MATERIAL BRO

[Glorindale]

IMHO if you are going to ask for an offer be prepared to counter offer. Bidding works both ways.

[Quasimojo]

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

IMHO if you are going to ask for an offer be prepared to counter offer. Bidding works both ways.

Exactly. I really don't follow the market and don't have any coin to be buying much, yet, so I have no idea what *anything* is worth. This always bugged me on live, though:

Seller: "Selling [item]. PST."
Me: "How much for the [item]."
Seller: "Make offer."
Me: "Sigh, nm"

...or worse yet:
Seller: "Make offer."
Me: "No idea what it's worth...1kpp?"
Seller: "LOL, come back when you're serious"

[Messianic]

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

Its not a matter of what determines the market value on an item, but a matter of who. The wealthiest players who buy items will have the most impact on the value of an item, that is because they will pay top dollar for something because they have the funds. This sets the initial market value. This in turn makes alot of items more expensive than the
"desired" price range.

This is only the initial state of a market - eventually this ends, and it is a matter of the rest of the participants determining value.

[Glorindale]

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

Exactly. I really don't follow the market and don't have any coin to be buying much, yet, so I have no idea what *anything* is worth. This always bugged me on live, though:

Seller: "Selling [item]. PST."
Me: "How much for the [item]."
Seller: "Make offer."
Me: "Sigh, nm"

...or worse yet:
Seller: "Make offer."
Me: "No idea what it's worth...1kpp?"
Seller: "LOL, come back when you're serious"

You hit the nail on the head. Basically it boils down to a seller wanting to take advantage of a buyer. This same type of seller would gladly sell an overpriced item to anyone who didn't know any better.

Generally speaking, an auction only lasts for a limitted time and the highest bid wins. Usually there is a minimum starting bid but that is communicated to the potential buyers. This is not what happens in EC Tunnel.

I will never buy from a seller that behaves in the two ways you described above.