P99 Auctions is Closing

[gildor]

I am going to tinfoil hat here and say nilbog and rogean did this. #notclassic ?

[maskedmelon]

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

You are the type of person I loathe in society.

And which type is that? The kind who thinks or the kind who speaks her mind? ^^ Fear not friend, most cede their intellectual sovereignty to the first school of thought that panders to their sense of self worth while demanding minimal investment. There are very few who care enough to exercise independent thought. ^^

[maskedmelon]

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

Not to go into it, you went into it deep enough... But of the pro and cons you nailed the cons of why I did not like the site.

It simply was too easy to manipulate by players in the game to put prices where they wanted them to be.

The idea behind the site was great, sadly when people can manipulate nice things to their advantage and to the detriment of others, it will be done.

Exactly ^^ It is nice to be able to share info or have somethings that make it easier to buy and sell, but p99auctions became just a tool for a few people to institute their own pricing schemes. It certainly made the market more efficient, but also fixed prices to whatever someone felt like /aucting once per day on a couple different toons.

[Fani]

What a great day for Sprawlz! and a sad day for the rest of the com...

[Tuurin]

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

Exactly ^^ It is nice to be able to share info or have somethings that make it easier to buy and sell, but p99auctions became just a tool for a few people to institute their own pricing schemes. It certainly made the market more efficient, but also fixed prices to whatever someone felt like /aucting once per day on a couple different toons.

You do realize that "price fixing" got much easier now, right? The EC bandits can now just run private parsers to do the exact same thing that p99 auctions did, but only for themselves. P99 auc made everything more transparent and made the buy/sell game much more difficult. Without it the tunnel rats have a huge advantage.

[maskedmelon]

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

You do realize that "price fixing" got much easier now, right? The EC bandits can now just run private parsers to do the exact same thing that p99 auctions did, but only for themselves. P99 auc made everything more transparent and made the buy/sell game much more difficult. Without it the tunnel rats have a huge advantage.

No they don't because they were just pumping the public logs full of whatever data they wanted you to have. Not that hard to log in a mule /auction once with a price you like, log off and do it again on another. Spend a couple minutes a day to build phony buy/sell histories of items you deal in.

Site also wasted a lot of people's time, because rather than just going to EC to pay/get what they felt was reasonable, people felt compelled to waste hours chasing phony prices established by some nerd counting what I said above, only to be undercut by the same nerd.

[LenkoCambria]

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

Site also wasted a lot of people's time, because rather than just going to EC to pay/get what they felt was reasonable, people felt compelled to waste hours chasing phony prices established by some nerd counting what I said above, only to be undercut by the same nerd.

I would argue that the site has saved me hours of wasted time. I can actually go play the game rather than sit for hours and wait in-zone for my desired item to pop up in EC, whatever the price.

[Sprawlz]

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

What a great day for Sprawlz! and a sad day for the rest of the com...

Actually, not really.

First, I'm retired from tunnelquesting. My goal was to make enough money to acquire a few items and that goal has been reached.

Second, p99auc - in my opinion - benefits tunnelquesters. I know I used it extensively to decide on the stance to take on any item that went through my hands.

Also, p99auc benefited tunnelquesters in another way. It kept items from losing value too fast. Any tunnelquester is facing the stock depreciation problem - to maximize your opportunity count, you need to maintain a healthy inventory of items, each of them slowly losing value to deflation.

p99auc helped slowing that deflation down (casuals wouldn't be selling their stuff cheap as they knew what it was worth).

I highly doubt someone went as far as launching a DDoS attack on the site just because they thought that would help them flip stuff in EC.

[Lhancelot]

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

I would argue that the site has saved me hours of wasted time. I can actually go play the game rather than sit for hours and wait in-zone for my desired item to pop up in EC, whatever the price.

That was the helpful part, or the pro of the site. You could watch a live feed while doing other things to watch EC.

[Baler]

Why it doesn't matter if this website goes away.

http://www.project1999.com/forums/forumdisplay.php?f=27
http://www.project1999.com/forums/search.php