Last 5 clear out


Adeon Hawkwood

 

Posted

They are going to be clearing out the last 5 sales (per the Ocho's post) when they give us the new GUI tomorrow.


total kick to the gut

This is like having Ra's Al Ghul show up at your birthday party.

 

Posted

Quote:
Originally Posted by SwellGuy View Post
They are going to be clearing out the last 5 sales (per the Ocho's post) when they give us the new GUI tomorrow.
hello golden ticket. wdup.


 

Posted

I wonder if they will do any other market house cleaning tasks with it like inactive accounts' bids/listings getting deleted.


total kick to the gut

This is like having Ra's Al Ghul show up at your birthday party.

 

Posted

Quote:
Originally Posted by SwellGuy View Post
I wonder if they will do any other market house cleaning tasks with it like inactive accounts' bids/listings getting deleted.
that'd be a dumb idea.

the devs like dumb ideas.


 

Posted

Quote:
Originally Posted by black_barrier View Post
that'd be a dumb idea.

the devs like dumb ideas.
Well they did give me demon summoning so they aren't all bad.


total kick to the gut

This is like having Ra's Al Ghul show up at your birthday party.

 

Posted

Quote:
Originally Posted by SwellGuy View Post
They are going to be clearing out the last 5 sales (per the Ocho's post) when they give us the new GUI tomorrow.
Proving my abject market ignorance... I don't get the relevance or importance of this.


Be well, people of CoH.

 

Posted

Quote:
Originally Posted by Bill Z Bubba View Post
Proving my abject market ignorance... I don't get the relevance or importance of this.
For low moving items it will impact the sales since people won't have a pricing clue. For high volume stuff it won't matter for more than a couple minutes.

But it could mean a quick score of a valuable item for a lower than normal price.


total kick to the gut

This is like having Ra's Al Ghul show up at your birthday party.

 

Posted

Quote:
Originally Posted by Nethergoat View Post
Hey, who says the devs hate villains, am I right?!?!
LOL

WTS: Confuse Purple Reciepe, Redside, Freedom,1.5 bil, first come, first serve.


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Posted

Quote:
Originally Posted by SwellGuy View Post
For low moving items it will impact the sales since people won't have a pricing clue. For high volume stuff it won't matter for more than a couple minutes.

But it could mean a quick score of a valuable item for a lower than normal price.
But why do it it all? What's the goal? Why not just remove the last 5 sales data completely and forever?


Be well, people of CoH.

 

Posted

Quote:
Originally Posted by Bill Z Bubba View Post
But why do it it all? What's the goal? Why not just remove the last 5 sales data completely and forever?
Honestly I think they may have to for the GUI not as a service to the players. But I am with you. I'd think it far more interesting to have no pricing histories to go by so people can bid/list what they feel it is worth.


total kick to the gut

This is like having Ra's Al Ghul show up at your birthday party.

 

Posted

Quote:
Originally Posted by Bill Z Bubba View Post
But why do it it all? What's the goal? Why not just remove the last 5 sales data completely and forever?
i suspect the goal is simply to make the market changes as painless as possible to implement for devs. Removing the last 5 sales data completely would be an extremely bad idea since players would have no ability to judge the price of items whatsoever and prices would fluctuate even more wildly than they currently do.


 

Posted

Quote:
Originally Posted by Adeon Hawkwood View Post
i suspect the goal is simply to make the market changes as painless as possible to implement for devs. Removing the last 5 sales data completely would be an extremely bad idea since players would have no ability to judge the price of items whatsoever and prices would fluctuate even more wildly than they currently do.
You just don't appreciate the beauty of chaos.


total kick to the gut

This is like having Ra's Al Ghul show up at your birthday party.

 

Posted

One of the discoveries of behavioral economics is that a price cue - any price cue - has an effect on what buyers consider an appropriate price for an item. The "last 5" is a form of price cue, and once it has been moved in a particular direction - usually upward - it tends to stay there even when the economic pressures that moved the price have lapsed. It has happened more than once that the last 5 buy prices for some item are particularly high, yet when I look at the for sale / bid ratio there seems to be good supply, and when I put in a low bid, lo and behold I get the item.

This does tend to stabilize prices somewhat, and it also gives you a rough heuristic on the buy-it-now price, but the last 5 bids tend to be a very poor indicator of how low you can actually bid to get the item if you're willing to wait, and it leads to misperceptions of true market prices.

If I had my druthers, I'd display the lowest bid that was fulfilled within the last minute, 5 minutes, hour, day, and week (or some other time scale stretching from short to long term). This gives the prospective bidder a better idea of the price to time relationship, though it could undercut some flipping strategies (not that I would shed many tears over that). But I don't get to decide these things...


@SPTrashcan
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A better algorithm for ordering MA arcs

 

Posted

Quote:
Originally Posted by SwellGuy View Post
You just don't appreciate the beauty of chaos.
That's my take on it. Chaos is good.

As for the "have to because of the GUI change" statement, That makes sense to me.


Be well, people of CoH.

 

Posted

Quote:
Originally Posted by Bill Z Bubba View Post
That's my take on it. Chaos is good.

As for the "have to because of the GUI change" statement, That makes sense to me.
Quoting Michael Keaton's Billy in the "Dream Team" - "Chaos is great!"


total kick to the gut

This is like having Ra's Al Ghul show up at your birthday party.

 

Posted

If you control the market for anything, this equates to the removal of any downward pressure against what you're selling.


 

Posted

Hmm. Why wouldn't I leave all my current pricing in place and let that stuff sell (slow moving stuff) and not list anything new until prices reappear?


 

Posted

Quote:
Originally Posted by Bill Z Bubba View Post
Why not just remove the last 5 sales data completely and forever?
If you think there are a lot of off-market trades and hoarders now, wait until nobody has a guide to prices and most people avoid selling entirely. You wouldn't be able to buy anything.


A game is not supposed to be some kind of... place where people enjoy themselves!

 

Posted

Quote:
Looks like they managed to keep price histories in place.
For most things at least. I noticed quite a few with blank histories this afternoon, at least redside (haven't been on blueside yet today). They're still far outweighed by the items that still do have bid histories though, so all in all, no biggie.


 

Posted

Quote:
Originally Posted by Pyber View Post
For most things at least. I noticed quite a few with blank histories this afternoon, at least redside (haven't been on blueside yet today). They're still far outweighed by the items that still do have bid histories though, so all in all, no biggie.
Redside always has tons of blank histories.


 

Posted

Quote:
Originally Posted by SinisterDirge View Post
Redside always has tons of blank histories.
Hence the problem with redside.


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Posted

Quote:
Originally Posted by Aura_Familia View Post
Hence the problem with redside.
Oh come on. It's fine because there is an item I can cherrypick there.

I mean we deserve it to stink because we're villains not people playing a game.

You know I cannot repeat the silly rebuttals to our BM hate with a straight face.


total kick to the gut

This is like having Ra's Al Ghul show up at your birthday party.