I'm all for a free market and all but....

[Az Bloodz]

Originally Posted by lilmoo

And yes I would sell any item for its current price but I would not manipulate the prices by having shills buying and selling in particular markets to drive up the prices first.

Like I said you are assuming he is manipulating the price because he sold the item for uhm 50-100 PED above the current value? This makes absolutely no sense to me but anyways, you would sell for its current price? Imaging you had a ModFap or any item which hasen't been sold for MONTHS [I don't know if a ModFap has sold through auction or not and I don't care it's just an example] so you would look at the market value and sell it for the price stated there which can be easily 50k PED less than it is worth today? Well ok I will gladly buy it off you, call me when you have any of these items up for sell.

Originally Posted by thoreau

I agree. As stated by the title of this thread I"m all for a free market.

However, by listing the item at a starting bid higher than any previous sale price I don't see a free market working.

That is unless someone can say that X resource has become very rare in the last Y days and the markup for that resource has caused a rapid increase in the price of this item. Then that would be reasonable in my eyes.

But I haven't read that yet. All I know is that this item was listed for a starting price greater than any final sale in the market graph. I'm curious as to why that is.

Well he is doing it cause it obviously works. As stated in another thread by someone, some people pay more than the current value because they think the price will raise any more. It's speculation. If the item gets sold he's done the right thing. If not he has lost the fees.

[Az Bloodz]

Originally Posted by lilmoo

Is it against the rules to manipulate prices? If it isn't then you are correct there is no reason to discuss it. If it is against the rules I would like to know how aggressive MA is on the issue.

I think you got me wrong: selling for above the price stated in the market history is NO MANIPULATION and since you have no proof that anyone here has manipulated the prices you should not accuse anyone.

@DeeDee: as far as I know pilots are allowed to control a second avatar but they might have changed this rule when changing the Hangar system.

[lilmoo]

Az, I was talking about a hair styleing chair which was sold for +1200 peds over the monthly and yearly price of +1800. The chair sold for +3000.

I do not have any problem with people listing or selling anything for any price myself. What I would like to know however is if it is against the rules to have soc mates or buddies buy and sell on particular items to manipulate the listed market prices?

If it is not then that is fine, if it is then one could submit support cases on dubious sales if they wished and MA could look into it.

[Az Bloodz]

Originally Posted by lilmoo

Az, I was talking about a hair styleing chair which was sold for +1200 peds over the monthly and yearly price of +1800. The chair sold for +3000.

I do not have any problem with people listing or selling anything for any price myself. What I would like to know however is if it is against the rules to have soc mates or buddies buy and sell on particular items to manipulate the listed market prices?

If it is not then that is fine, if it is then one could submit support cases on dubious sales if they wished and MA could look into it.

Oh sorry, perhaps the thread title and the prior posts have been confusing me, since they have actually nothing to do with your post. You gave me the impression you thin Sammy is trying to manipulate the prices.

Edit: I don't know Sammy and I actually don't care but it just doesn't look like market manipulation

[lilmoo]

No problem, It didn't seem you really knew what you were talking about, now I understand why.

The OP was talking about an item which had an opening bid higher then it's market value. I mentioned an item which took that to the extreme. Market value was +1800 and opening bid was +3000. Seems to have something to do with the topic but guess I was wrong.

[DeeDee]

Originally Posted by Az Bloodz

@DeeDee: as far as I know pilots are allowed to control a second avatar but they might have changed this rule when changing the Hangar system.

I don't know if there is a general rule for all hangar owners, but I do know that you can get approval from ma for certain cases.
But that is way different to the ones who control several avatars just to use to market manipulation.

[Ionar]

Originally Posted by thoreau

However, by listing the item at a starting bid higher than any previous sale price I don't see a free market working.

If you where not allowed to list your items at what ever price you wanted it wouldn't be a very free market now would it?

[Skaffen]

Originally Posted by thoreau

I agree. As stated by the title of this thread I"m all for a free market.

.... All I know is that this item was listed for a starting price greater than any final sale in the market graph. I'm curious as to why that is.

Sammy has a new BP he has to skill for...seemed to be doing pretty good on the OA101's earlier so I presume the warm up is well under way.

[Xen]

Originally Posted by thoreau

I agree. As stated by the title of this thread I"m all for a free market.

However, by listing the item at a starting bid higher than any previous sale price I don't see a free market working.

That is unless someone can say that X resource has become very rare in the last Y days and the markup for that resource has caused a rapid increase in the price of this item. Then that would be reasonable in my eyes.

But I haven't read that yet. All I know is that this item was listed for a starting price greater than any final sale in the market graph. I'm curious as to why that is.

Because that's the price he chose to list it at. Do you need another reason? He can put any price he wants. If it's too high, he'll find out.