Market Bug?

This enhancement has been listed for days, at least:

http://i.imgur.com/L5HQ6.jpg

Since there have been many, many sales dramatically higher than my list price, what could possibly be going on here, other than a bug?

It's possible that there are/have been several listed at far below your price point, and people have just gone in bidding high, because they don't want to bid creep. I recently had something similar: A few identical enhancements listed just over 10 million, and three days of rapid sales for 10-12 mil each, but none of mine. Pulled mine and listed them for 5 million; one sold for 7 mil, the rest for 10-15 million within 24 hours.

EDIT: And there's your answer: You're being undercut.



EDIT2: Wow, did I REALLY just waste 96 million for no good reason, and not even blink an eye? Does that make me officially ebil now?

Ok, I don't get that at all. I just logged onto a different toon who ALSO has one listed (at 3,111,111), and the last 5 is BACK to 10 million.

Are people SO eager to pay 10 million that they can't be bothered to type "4,000,000" or even "5,000,000". Or is someone monitoring the last 5 and blowing 50m to reset the last 5 so they can sell some colossal inventory?

Edit: I just bought 5 for 3m or under. Your move, weirdo 10m buyers.

I haven't bothered keeping CIs for months. They've become worthless basically.
Quite interesting though.

This thread is going from mysterious to hilarious rapidly

Agreed.

To answer your question it's the buy it NAO mentality. I saved quite a bit of change today simply by bid creeping. I picked up several items that had last 5s in the 2-5 mil range for between 500k and 1 mil.

People are just lazy or ignorant.

Careful shoppers don't tend to buy crafted.

Careless shoppers might pay last 5. Especially since you can make 10 million crafting damn near anything in this game. Money used to rain from the sky. Now it comes down in hail that can break windshields. People who own boats refer to a "boat unit" of money, which is $1,000. You pay for boat repairs in boat units.

The "Boat unit" for this game if you're level 50 is apparently 10 million inf.

So, what you did before, buying 31 of them to demonstrate the OP was being under-sold? Not terribly ebil. This?

Quote:

Originally Posted by Roderick Actually, that was me. I didn't want to lose any more than I had to, so I spiked the price back up to 10 million, then relisted the enhancements.

Worth many, many more ebil points.

I'm kinda curious about how much of the higher prices is due to ease of accumulation [gleemail it to yourself from five characters, and poof you've got a big pile] and how much is just sheer volume of inf being generated.

The other day I calculated that about a trillion inf got ripped out of the system the week that Alignment Merits went live, and the market didn't blink.

Funny story. Last night I noticed I had everything I needed to craft and sell two of something that would sell for 10-12M inf apiece, so I crafted one and went to list it, then go grab the salvage for the others. But it was late, and I was tired, and instead of listing one I placed a bid at my intended list price of 8,751,111.

I didn't notice I did that until just a few minutes later, my bid went through. So not only did I buy what I meant to sell, I screwed up the sale history that would help me sell at the price I was interested in.

I shrugged, since this was all basically chump change to me, and listed the now three items I possessed. I listed each one for 8,001,111.

I logged in this morning to find each one had sold for between 10M and 12M. No one bothered to try the lower price I placed in the history.

Not sure if this was a case of bid-creeping or just a coincidence, but this morning I listed a recipe on the market for 999,013,013 inf, and this afternoon it sold for 999,999,999.

I knew I should have listed it for 1,000,000,013! But at least I finally broke the billion inf barrier on one of my characters.

I am amused by this market behavior pretty much non-stop. I have a few level 15 - 20 characters I farm with and post the crafted IOs typically for between 48k and 198k depending on ingredients (on these I just post at 40% above what I paid to craft it). They almost never sell for less than a million.

There is a part of me that wants to do something to jack the prices or exploit them. But then I found that I enjoy it more when someone gives me their money in an act of sheer idiocy/laziness for not even trying to get it at a fair price. Sure there's more profit to be had at level 50, but it is so much more fun to watch people exploit themselves and then complain about being exploited.