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auction madness.
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dutchie Offline
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Post: #1
auction madness.

Apparently some people do not understand the auction.
What happened was that someone put about 110 ME in auction.
I bid 2 ped (about 190%). Going rate is 200%. Still I get overbid so someone actually pays about 280% for this. And this has not happened once, but on several occasions. Why not just shout in twin or PA that you want ME for 220%; you'll be swamped with people willing to sell whatever amount to you.

I do not understand some people.

And what I really do not understand is the peep who puts 1 ME in auction (and pays a 50 pec fee to get it listed). Would there actually be people who buy this? Or is it just a way to use the auction for a money transfer?

(ah: now I know; it are scammers laundering their money :lol: )

PS: for things with a lot of orders or where a lot of people take BO the peauction price is perhaps at the low side (although the ingame data is probably quite high).

PPS: peauction lists wrong TT values for a lot of items.

Enjoy!

Dutchie.
2007-09-06 01:55 PM
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Duke Freedom Offline
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Post: #2
 

I never understood all that much of those things you mentioned either. It seems those who put up small amounts sometimes just do it to transfer money indeed, but not always. I don't get why people selling really small amounts use the auction though - the auction fees take up a lot of the cash in those cases.

~Duke Freedom
2007-09-06 02:52 PM
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Kaiser Offline
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Post: #3
 

dutchie, if you could PM me with items you find on peauction with wrong TT values I would appreciate it. This will allow me to help Travis get them fixed.

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"And on the 8th day God created Kaiser Kaiser Soze and saw that he was good....NO in fact delicious!!"
2007-09-06 06:23 PM
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dutchie Offline
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Post: #4
 

Kaiser, At least most of the animal oils are inccorrect (apart from residue)

E.g.:
Item: Animal Eye Oil
Unit TT Value: 7.35 PED
Item: Animal Muscle Oil
Unit TT Value: 12.18 PED

I'm fairly sure I have seen it elsewhere too, and I'll PM you if I find non animal oil related mistakes.
BTW: what about a cross check with entropedia. Witte seems to have the right data (at least for the animal oils)

Enjoy!

Dutchie.
2007-09-07 05:46 AM
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Kaiser Offline
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Post: #5
 

Are you keeping in mind peauction lists aggregate TT value and not per unit TT value? They all look okay to me. There was a little bit of time where peauction was picking up some erroneous data but that is all old news.

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"And on the 8th day God created Kaiser Kaiser Soze and saw that he was good....NO in fact delicious!!"
2007-09-07 08:51 PM
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borr Offline
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Post: #6
 

It's the Unit TT price dutchie is referring to:

Item: Animal Eye Oil
Category: Materials : Natural Materials
Recorded Auctions: 2593
Unit TT Value: 7.35 PED


Whereas the unit tt price is really only 0.05 PED.

Hope this helps

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2007-09-08 12:05 PM
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Kaiser Offline
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Post: #7
 

I see, up at the top, not down in the actual auction history.

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"And on the 8th day God created Kaiser Kaiser Soze and saw that he was good....NO in fact delicious!!"
2007-09-10 05:03 PM
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wraith Offline
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Post: #8
 

Personally I do this myself sometimes, mainly with ME. When I am too lazy to travel to get ME and I want a very small amount, I will often bid on an auction about to go just so I can get a small amount in the next few minutes.
2007-09-13 09:23 PM
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