QUOTE(BlueWaterSplash @ Jun 9 2020, 06:55)
I think it's good that you (sometimes) have different ideas on pricing. And even though I might be one of the people who originally said that lower level equips should cost more (subject to constraints, and on certain types of equips) I still debate that idea internally with myself.
It would be nice if things weren't that way. And sometimes it isn't that way. So it's good to see the different pricing evaluations.
QUOTE(Arkoniusx @ Jun 9 2020, 07:24)
Since we are discussing about it, I have only been commenting and analyzing how the prices of the equipment have varied, in fact these last 2 months the values of some have had a radical change. The only market that has not been affected considerably is the market for cloth and staff equipment, in the case of cloth equipment it is very unlikely that it will devalue since it is the only equipment that has a base price that is worth something thanks to the HGC.
And the staff's rarity and the fact that they have to combine their suffixes and prefixes to be worth something, I think it makes the base value of a good staff multiply compared to any other type of equipment.
But with the other equipment everything is depending on the buyers, and they are the ones who are currently dictating the value that these equipment have lately.
It's important to understand both the long-term trends (radiant holy generally goes up in price) and short-term phenomena (ryuseii vs mouisaac's run on charged freyr equipment driving the prices wacky until they got their stuff) that contribute to price variance.
Value is not inherent to any equipment. It's entirely dictated by how much players are willing to spend on it. This is generally interchangable with rarity & usefulness, but not always. For example: power of slaughter is on a general downwards trend these days - even at peerless level. There just aren't that many rich players willing to fight over it anymore. Possibly because they already have their pieces, possibly because 1H is mostly obsolete now entry-level mage gear is accessible earlier than ever. (You'd expect rising forge costs to slow that down a little, but most entry-level mages do not have a good frame of reference for how important forging is, and won't believe anyone until they try it themselves.)
Despite this, most prices can be relatively predictable based on past auction data, but you need a bigger-picture view to be able to give accurate estimates, not gut feelings based on the last few weeks. It's very easy to mislead people into thinking they've found something incredibly valuable. I don't think anyone is giving newbies estimates of things being worthless when they're actually expensive, though.
The most harmful part of the price check thread is the idea that all equipment has a static, predictable value. Fortunately, the answer to that is mostly automated tools like Super's auctions: as long as there is competition, whatever an equipment sells for is exactly what it was worth at that point in time. If you've got a rare item that isn't generally desirable enough to generate competition, though, you should consider privately selling it.
TL;DR you can't always know what an item will sell for, give a general range instead of an exact amount when estimating, and don't estimate at all if you aren't really really sure (if it's valuable just say - send to auction).
What's the last thing you've (not) accomplished?, Anything that doesn't fit in other threads
Jun 7 2020, 07:14
