cRPG

cRPG => The Marketplace => Sell/Trade => Topic started by: kaassaus on May 03, 2012, 08:27:45 pm

Title: auction
Post by: kaassaus on May 03, 2012, 08:27:45 pm
hey,

does anyone know how this auction works? if the
time periode is over, do you must sell your item
to the highest bid? or can you diside not to..

sorry for my bad englisch.

Daniels
Title: Re: auction
Post by: Meow on May 03, 2012, 08:37:23 pm
Item is sold for the highest bid at that point -5% trade fee.
Everyone who did not win the auction and the rest of the money which was not bid go back to the people.

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%.
Title: Re: auction
Post by: kaassaus on May 03, 2012, 08:49:21 pm
ok, thanks Meow,

so if 500k is the highst bid on a +3 german great sword, then its
sold for 500k -5 fee?

Title: Re: auction
Post by: AreTreble on May 03, 2012, 08:56:04 pm
It would be nice if we could set a minimum starting bid for items.
Title: Re: auction
Post by: BD_Baby_Wolf on May 03, 2012, 09:00:52 pm
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
Title: Re: auction
Post by: Meow on May 03, 2012, 09:05:11 pm
ok, thanks Meow,

so if 500k is the highst bid on a +3 german great sword, then its
sold for 500k -5 fee?

-5% but yeah.

Also agree, minimum bid would be good, not sure if necessary though, let's check how the first auctions go  :mrgreen:
Title: Re: auction
Post by: Falka on May 03, 2012, 09:07:08 pm
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. First person bid 1 gold. I bid 1 million. No other offers. And what, seller get 1 gold?
Title: Re: auction
Post by: Meow on May 03, 2012, 09:09:59 pm
Why? It's like ebay.

You set a maximum bid you wanna go to, someone else sets a maximum bid bid lower that that so it ups to his maximum bid + 1.

A bids 5k
B bids 10k

Highest bid is set to 5k+1 as in 5001

C bids 50k, highest bid is upped to 10001 gold as player B is outbid.

Player A rebids 25k, offer is upped to 25001 gold.
Auction ends, C gets the item for 25001 gold, seller gets 23 750 gold.
Everyone else gets his gold back and C gets 24999 gold back since he deposited 50k in the first place.
Title: Re: auction
Post by: BD_Baby_Wolf on May 03, 2012, 09:11:22 pm
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.
when the auction is over you get it back.
Title: Re: auction
Post by: Falka on May 03, 2012, 09:13:08 pm
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?
Title: Re: auction
Post by: Meow on May 03, 2012, 09:14:24 pm
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.
Title: Re: auction
Post by: Ylca on May 03, 2012, 09:15:05 pm
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.
Title: Re: auction
Post by: BD_Baby_Wolf on May 03, 2012, 09:15:08 pm
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?

the one who bid 1 gold gets it back and the seller gets 1m -5% (950k)
Title: Re: auction
Post by: BD_Baby_Wolf on May 03, 2012, 09:16:32 pm
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.

as soon as you place the bid it is take from your money to ensure that you wont back off after that.
Title: Re: auction
Post by: Meow on May 03, 2012, 09:16:59 pm
the one who bid 1 gold gets it back and the seller gets 1m -5% (950k)

no, that would not happen unless someone bids 999999 gold before the auction ends.

Also

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.

You lose the 1mil until the auction is over, same goes for all other bidders.

Also if you bid 1.5 mil for a +1 item and people feel like pushing it they could bid like 500k then 600k and you will still have to pay it since your max bid is higher than theirs.
Title: Re: auction
Post by: Ylca on May 03, 2012, 09:19:52 pm
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.

You realize that many people have many times that, plus losing 1M gold for a week is worth it to amass an army of 2 gold loompoints, right? It's an investment since you'll get most of the money back at the end either by winning and paying 2 gold, or by losing and getting a refund and having someone else pay more than 1M for a +1 item.

I think you guys really need to rethink this system because as it stands now it's only going to benefit scammers.

Why not make a traditional bid where you bid your maximum and that becomes the new max? Offers *are* up for multiple days after all.
Title: Re: auction
Post by: Falka on May 03, 2012, 09:20:16 pm
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:
Title: Re: auction
Post by: BD_Baby_Wolf on May 03, 2012, 09:21:44 pm
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
Title: Re: auction
Post by: Falka on May 03, 2012, 09:23:27 pm
Reread what Meow said.
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.
Title: Re: auction
Post by: Ylca on May 03, 2012, 09:23:53 pm
no... you'll have to pay those 3m anyway :P

did you read what Meow said, he'll deposit the 3m until the end of the auction then he will get *all* of the money back except the previous bidder's price +1. This is a hoarders goldmine here, get it while it's hot. I know 1M gold seems like a lot to some but there are many who have been doing nothing but selling loompoints every retirement and not buying terribly much.

Everyone who has been amassing gold is about to have some serious goodtimes if this isn't fixed and i mean as in post haste.

Plus it doesn't really have to be 1M, given that most +1s sell at around 300K just put up 600K which is double the price and watch as no one else bids. Or if they do you get your money back, no risk involved. This is literally the best investment scheme ever in this game and it's made directly possible by the system.
Title: Re: auction
Post by: Meow on May 03, 2012, 09:26:22 pm
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.


Another example:

+1 item - you bid 1.5mil so no one outbids you.
Someone really wants the item bids 650k.

You automatically outbid him and pay 650001 gold for a +1 item.

Now there is a +1 item and two people think "haha totally gonna offer way more than it's worth so no one outbids me"
A bids 1.5 mil gold
B bids 2 mil gold.

B gets the +1 item for 1.500.001 gold.

GREAT DEAL BRO!
Title: Re: auction
Post by: Falka on May 03, 2012, 09:26:53 pm
There will be epic scams  :lol: :lol: :lol: :lol: I just can not wait till all this whining flood the forum  8-)
Title: Re: auction
Post by: Ylca on May 03, 2012, 09:29:32 pm
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.

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?

Title: Re: auction
Post by: BD_Baby_Wolf on May 03, 2012, 09:29:35 pm
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.
Title: Re: auction
Post by: Meow on May 03, 2012, 09:29:57 pm
Updated with an example above.

What is the problem again?

Don't auction your items if you want a minimum price.

Edit:
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.

Exactly.

People who bid high to outbit everyone else will get fucked by other people doing that.
Title: Re: auction
Post by: Falka on May 03, 2012, 09:35:39 pm
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?
Maximum bid is now shown in the listings as 150K + 1, everything is fine, sorry Meow   8-)
Title: Re: auction
Post by: Ylca on May 03, 2012, 09:36:53 pm
Ah, well good then. I was unnecessarily concerned.

Nothing to see here folks.
Title: Re: auction
Post by: Meow on May 03, 2012, 09:39:55 pm
:mrgreen:
Title: Re: auction
Post by: McCart on May 03, 2012, 11:37:56 pm
-

-


omg dumbfucks.
Title: Re: auction
Post by: POOPHAMMER on May 03, 2012, 11:48:16 pm
ylca are you really that fucking dumb jesus christ
Title: Re: auction
Post by: Aseplhood on May 04, 2012, 12:01:37 am
Alright, and let's consider that everyone got scared off of the uber high bidding to buy an item cheap. Everyone but let's say George.

The highest bit is 100k

So, George puts a bid of 1m for an +1 item. No one else tries this "trick"
Will George get the item for 100.001 gold?
Title: Re: auction
Post by: BD_Baby_Wolf on May 04, 2012, 12:04:11 am
yes, if nobody else is bidding anymore
Title: Re: auction
Post by: Aseplhood on May 04, 2012, 12:05:07 am
So, I wonder how many Georges will be out there  :mrgreen:

Oh, and by the way, if the buyer gets it for 150.001 gold, will the seller get 1m - 5% or 150.001 - 5%?
Title: Re: auction
Post by: BD_Baby_Wolf on May 04, 2012, 12:06:40 am
yeh, bu no metter how much George bids as max, it will show up as 100,001 (the highest bid)
Title: Re: auction
Post by: okiN on May 04, 2012, 12:09:27 am
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?

Actually, if it showed up as 1 million, what would stop other buyers from just trolling all those guys and bidding 999999 gold? No risk involved, but you could grief people by making them pay their maximum price.

Obviously academic since it doesn't work like that, but anyway.
Title: Re: auction
Post by: Aseplhood on May 04, 2012, 12:10:18 am
A.W.E.S.O.M.E. So you're saying the buyer pays 150.001 gold, and the seller receives 950k?

If so... The whole system is supposed to fight inflation. Imagine how easily bugged this can be, 150k turns into 950k :)

And it will happen every time. George1 bids 1m, but George2 bids 2m. George 1 loses 1m, but the seller receives 2m. Oh glory!


Yeah okiN, but others say the bid doesn't show up.
Title: Re: auction
Post by: okiN on May 04, 2012, 12:11:56 am
Yes, I'm just pointing out that even in that case there would be a counter in place.

And no, what the heck are you talking about? Why would the seller receive more gold than is bid? That's crazy talk.
Title: Re: auction
Post by: BD_Baby_Wolf on May 04, 2012, 12:22:48 am
Jesus.......... OK listen carefully:
1. player_A puts a sword_of_war onto the auction
2. the highest bid now is 0g
3. player_B wants to buy it and sets his maximum* bid for 10000g
4. the highest* bid now is 1g (that's what everybody sees)
5. player_C wants to buy it for 5000g and sets his maximum* bid for 5000g.
6. since player_B set his maximum* bid higher than player_C he automatically* overbids player_C by 1g so the highest* bid now is 5001g
7. when player_D bids his maximum 6000 gold, again player_B automatically overbids him with 6001g.
8. at this point the highest* bid is 6001g by player_B
9. when the auction is over (if no other bids where made)* player_B gets the item and [(his maximum bid)-(highest bid)=3999g], player_C gets back his 5k gold, player_D gets back his 6k gold and player_A gets [(highest bid) - 5% = 5700g]
I hope i made it as easy as possible.......
Title: Re: auction
Post by: Auphilia on May 04, 2012, 01:04:41 am
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.
Title: Re: auction
Post by: BD_Baby_Wolf on May 04, 2012, 06:36:23 am
omg...
(click to show/hide)
Title: Re: auction
Post by: Aseplhood on May 04, 2012, 08:44:36 am
Oh I get you now  :mrgreen:
Well, this isn't as stupid as I thought, but the simple bidding system would do.

Like, you know, I bid 10k, 10k shows up. Make a minimum of 1k up bidding, so that the next guy has to offer minimally 11k.
Would easier the things up :O

But yeah, that's not a bad system out there.
Title: Re: auction
Post by: BD_Baby_Wolf on May 04, 2012, 08:50:25 am
totally agree with you here.
The more complicated you make the system the less people understand it.
But give devs some time, they just check thing out. I'm sure they will use the feedback and make something that will sute the most of us.
Title: Re: auction
Post by: McCart on May 04, 2012, 11:01:43 am
-

complicated





omg dumbfucks.

complicated?
  this?
Title: Re: auction
Post by: BD_Baby_Wolf on May 04, 2012, 11:09:03 am
McCart, thing that are not complicated for some, might be complicated to others.
Just like not-insulting-people-and-not-being-an-asshole is too complicated for you to perceive.
Title: Re: auction
Post by: okiN on May 04, 2012, 11:12:21 am
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.

You just don't read, do you?
Title: Re: auction
Post by: McCart on May 04, 2012, 11:26:12 am
BD_Baby_Wolf , the auction system cannot be simpler.

Somebody lock the thread plz.
Title: Re: auction
Post by: Falka on May 04, 2012, 11:34:45 am
It's not a matter of being complicated. At first sight nomenclature used by devs is just counter-intuitive. As you can see a lot of ppl - including me - thought that highest bid which is shown on the borad is the same as offered max bid. But nvm, everything is ok, so... :arrow: