It would be nice if we could set a minimum starting bid for items.That is why i try to run my insurance business :P
ok, thanks Meow,
so if 500k is the highst bid on a +3 german great sword, then its
sold for 500k -5 fee?
As in is someone bids 200k as highest bid but other people only bid to 50001 gold the everyone gets his gold back and the dude who bid 200k gets 149999 back.
You get the 50001 gold - 5%.
Eh? Sorry, but that doesn't make sense to me.basically, when you bid, lets say, 5k, you pay this gold to prevent false bids.
I'll say it once more :oops:
First person bid 1 gold. I bid 1 million. No other offers. And what, seller get 1 gold? Am I right?
What stops people from simply putting up ludicrously high bids on items after the first bid? In fact that seems the easiest way to get any item you want on the cheap.
+1 item, first person bids, say 150K next person bids 1 Million, first person gets his money back, no one else bids because to bid higher they'd have to bid 1M and 1 and the clever bidder gets an item on the low end of cheap while the seller gets screwed out of legitimate bidding.
Unless i'm missing something here this system is just begging to be abused.
the one who bid 1 gold gets it back and the seller gets 1m -5% (950k)
What stops people from simply putting up ludicrously high bids on items after the first bid? In fact that seems the easiest way to get any item you want on the cheap.
+1 item, first person bids, say 150K next person bids 1 Million, first person gets his money back, no one else bids because to bid higher they'd have to bid 1M and 1 and the clever bidder gets an item on the low end of cheap while the seller gets screwed out of legitimate bidding.
Unless i'm missing something here this system is just begging to be abused.
no, that would not happen unless someone bids 999999 gold before the auction ends.
Also
You lose the 1mil until the auction is over, same goes for all other bidders.
No seller gets 2 gold.
Might end up as 1 gold not sure how the 5% fee is calculated there.
Dude bids 1 gold, you bid 1mil so the highest bid is upped to 2 gold.
Updated my post above with a more detailed example.
It is exactly how ebay works without the buyout option.
Ok, then when I'll see auction with highest bid 100k or sth like that I'll bid 3.000.000, everyone who will see my bid will resign and I'll get fine item for 100k + 1 :rolleyes: Epic win :lol:no... you'll have to pay those 3m anyway :P
I'll say it once more :oops:
First person bid 1 gold. I bid 1 million. No other offers. And what, seller get 1 gold? Am I right?
No seller gets 2 gold.
Might end up as 1 gold not sure how the 5% fee is calculated there.
Dude bids 1 gold, you bid 1mil so the highest bid is upped to 2 gold.
Updated my post above with a more detailed example.
It is exactly how ebay works without the buyout option.
no... you'll have to pay those 3m anyway :P
I do not understand your problem, tell ebay what your problem with this system is please?
Obviously if people like bidding 3mil for an item and no one else wants it they will get it cheaper.
Let me clarify: If you don't care about your money you can outbid every other person and probably get some items cheap and some way overpriced since some people are willing to pay more for the item than you expected.
perhaps i didn't make myself clear. sry.
Yes, this works just like on ebay, you place your maximum bid (maximum amount you would pay), but it doesn't show up instantly.
so if the highest bid was 5k and you bid 1m it will show up as 10k.
but if someone bids 2.9m you will pay 3m.
Okay let me explain, in ebay people have a reserve, however when the reserve is set for ebay it's not listed as the highest price- is that what you're saying is happening in the auction house? As in:Maximum bid is now shown in the listings as 150K + 1, everything is fine, sorry Meow 8-)
Player 1 bids 150K
Player 2 bids 1Million
The maximum bid is now shown in the listings as 150K + 1 or is it shown as 1Million?
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Okay let me explain, in ebay people have a reserve, however when the reserve is set for ebay it's not listed as the highest price- is that what you're saying is happening in the auction house? As in:
Player 1 bids 150K
Player 2 bids 1Million
The maximum bid is now shown in the listings as 150K + 1 or is it shown as 1Million?
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complicated
omg dumbfucks.
So this system relies on trolls to troll scammers? L O L O L O L :lol:
Legit. :rolleyes:
I still prefer a more traditional way. But hey, we do have enough trolls for this to work 24/7.