QUOTE(jackalo @ Jul 5 2018, 03:42)

why is it that someone can change their mind on a bid but we cant change our minds on selling our items?
I think it's somewhat understandable if someone mistypes or reflexively bids too much in the heat of the moment. Sending an item via MM is a bit more deliberate. A removed bid is less disruptive than a removed item, and removing an item requires
my personal intervention, so I don't want to encourage it. It's not that items
can't be de-listed in unusual situations, but I don't really want to allow it to be done on a whim.
QUOTE(mundomuñeca @ Jul 5 2018, 10:30)

Following the auctions in the last 2 months, I've noticed a lot of medium-tier medium-to-high-level Legendary that noone bids for.
As for me, I didn't because I think the 50k start price is unjustified in such cases, but I would have bidded for some of them if the start price would have been e.g. between 20k to 25k
Simply returning them to the owners will in most cases just take them out of the market effectively.
If they go unsold at 50k, that's market proof that they're not really considered even medium-quality material. I think auctions should attempt to offer
highlights of the uncommon high-quality to decent equips. Lowering the minimum bid would open up the possibility of lots more junk-tier equips getting listed, which may or may not get sold. If you want a listed item but don't want to offer 50k, you're free to PM the seller and ask something like "If it doesn't get minimum bid, might you sell it to me for 30k?"
There are many shops with large lists of common, low-quality equips to sell. They're much more suited for listing those sorts of things than auctions.
QUOTE(yami_zetsu @ Jul 7 2018, 16:32)

hi super, I bid [Clo04] [10,505k] [Jul 06 2018, 21:36] and got the winning bid, but I woke up to find out lastwizard05 had the actual winning bid (Lastwizard05 12.5m #80; winning for 22.3h / 63.8h; -0.0%) for more time than me, what happened? if he proxy bidded more than me, why did the auction told me I had the winning bid until i went to bed?
The time during which a player has been winning an item is cumulative. It wouldn't make much sense otherwise - imagine someone who's been winning an item from the beginning, and during the last couple hours, someone else comes along, bids the price up a bit, but loses to the original bidder. The original bidder's time shouldn't be disadvantaged as a result.
QUOTE(TygerTyger @ Jul 7 2018, 23:18)

It seems that I didn't receive the early discount for bidding?
See the bid times page, and click on Time-Based Price Multipliers:
[
reasoningtheory.net]
https://reasoningtheory.net/bidtimes217573Each auction, the sum of discounts always equals the sum of penalties. If there are very few snipers, or if the sniped items' value is quite low in comparison to the rest of the sold items, then the discount rate will be tiny or nonexistent for some items. This time, because the items won by snipers were of very little value in comparison to the total value of sold items (47k in late fees vs 151.7m worth of items sold total), the resulting discount rate was next to nothing.
One of the main reasons why the discounts exist is to demonstrate that the sniping penalty revenue is distributed among the other participants, rather than something that I personally make money from (which would seem somewhat unethical). If there happen to be very few fees and very few discounts, similar to the way things were before except without snipers, mission accomplished - see what I posted before this began:
QUOTE(Superlatanium @ Oct 26 2017, 07:10)

I can only guess, but since people will probably quickly adjust their behavior to avoid sniping now that the rule is in place, the maximum discount may well end up being pretty low compared to 8%, since there probably won't be much revenue to take from the snipers.
(Which would be a good thing - it would be great if everyone bids before the end and there's no need for any penalties or discounts.
A new equilibrium the same as before but without people sniping would be ideal)
The uncertain discount that everyone else receives is more of a side effect rather than something meant to be substantial.
QUOTE(jplshejeser @ Jul 7 2018, 23:51)

winning 65 hours is the onbly way that we can only avail discounts
This is not the case. Whenever there are any significant discounts to go around, you only need to be winning for more than 1/4th of the auction duration to get a discount.
QUOTE(yami_zetsu @ Jul 8 2018, 01:19)

if A proxy bids and then B proxy bids more at the first day of the auction, could A & B engage in a snipe war at the last minutes and extra time without them receiving any taxes since they both showed interest at any given point?
Yes, they could, as long as A was winning for a sufficiently long period of time before B's initial bid (so that, by the end, both would have accrued enough time to be over the penalty limit). With perfect timing,
four people could be competing at the last minute, with none of them being on the hook for any penalty.