Showing Posts For dbouma.2810:

Trading Post price limits.

in Black Lion Trading Co

Posted by: dbouma.2810

dbouma.2810

When you set a hard limit, and demand exceeds supply you get problems

Let’s make an example out of Charged Lodestones. The demand is high enough that they trade at 3g+, but let’s say you set a hard price of 1g, so they’re ‘more affordable.’

The community quickly burns through the supply, because of the artificially low price.

Then everyone starts putting in buy orders at the price cap. Buy orders are fulfilled First In / First Out.

Now you can no longer pay more to get the item you want faster, you can simply wait in line for your buy order to be fulfilled. We will stop having posts saying “Charged Lodestones are too expensive, they need to drop more so the price comes down!” and instead have posts saying “The wait to get my buy orders filled is too long, they need to drop more so I can actually get some.”

Limiting the price will not help an issue that is based on the limited supply.

yes that is true now I think of it. Thanks

Trading Post price limits.

in Black Lion Trading Co

Posted by: dbouma.2810

dbouma.2810

then set the limit only for mats. Not weapons?

Trading Post price limits.

in Black Lion Trading Co

Posted by: dbouma.2810

dbouma.2810

Everybody has there own problems with the prices that some items have gotten to these days.

Prices are extremly high for some items, to high to me and most people.

Making people farm as any other MMO to make gold.
Something I recall Guild Wars 2 wanted to avoid.(Farming that is)

There is allready a minimum sell price for items on the trading post.
Why not set a maximum?

20 x the vendor price?

sounds resonable I think.
this ables for some prices that are to low to go up and prices way to highto go down.

just a thought, up to you people to make it happen, or make a better plan.