How does Entropedia work?

[Parasiteone]

Im not sure if anyone else has noticed but ive been looking at entropedia lately and found many items to be over priced by the website.. An example can be seen here Entropedia: Armor: Nemesis Where the M thighs are shown to be worth tt+1050 yet when you click on the peauction data it comes from there was only one auction in history that finished over tt+1000 and the rest are around tt+800 and even tt+500 in the past so i wonder where the number tt+1050 came from. Another example is Entropedia: Armor: Boar where the boar helmet is listed as tt+2200 yet again upon clicking on the link showing the previous auctions there is only one ever to go over tt+ 1900 even.. So it makes me wonder does entropedia include buyouts? or does it base its pricing on peauction.com which it is suprisingly linked to yet has very little coordination with.

[Eternal_Z']

I guess that it's pricing is based on peauction.com data and the prices are not equal because there's a very long time interval set to update those prices.

[Midori Fairlona]

I don't think it is an update issue. If you take a look at the Nemesis data, you will see the markup source listed as "Ingame" whereas some of the craftable materials have the markup source listed as "PEAuction."

The ones with a PEAuction source appear to show the same price as peauction.

We will need someone with a more in depth knowledge of Entropedia to explain where the data comes from for items with an "Ingame" source.

[Parasiteone]

Originally Posted by Midori Fairlona

I don't think it is an update issue. If you take a look at the Nemesis data, you will see the markup source listed as "Ingame" whereas some of the craftable materials have the markup source listed as "PEAuction."

The ones with a PEAuction source appear to show the same price as peauction.

We will need someone with a more in depth knowledge of Entropedia to explain where the data comes from for items with an "Ingame" source.

I agree.. Hopefully someone who works on it can explain cause its getting rather difficult to locate a accurate price.. peauction is too low, ingame auction is too high due to buyouts and manipulation.. Its getting more difficult to find a fair price.

[Lavawalker]

Originally Posted by Parasiteone

I agree.. Hopefully someone who works on it can explain cause its getting rather difficult to locate a accurate price.. peauction is too low, ingame auction is too high due to buyouts and manipulation.. Its getting more difficult to find a fair price.

Probably best to visit PEAuction via the link provided on Entropedia, then look at the bottom section where it says sales history. That will give you a breakdown of all the prices which it has sold to in the recent past. (Which has received at least one bid on it)

Ingame price is set by participants updating entropedia as the price of the crafting resource has a set value, markup data, again, best to look up PE Auction to get a mean average of what things are worth.

In relation to nemesis, I can tell you in 3 months ago, mosty pieces did not sell for above 250 ped, even the thigh piece which was most expensive back then only sold for 400 - 500 ped.

Boar, well that is going all over the place atm, I never trust the auction data within EU, even though you can look up the history graph, most of the data is incorrect. Much like we have seen, xxxx is the first colonist to discover yyyy item .... only to have seen this new colonist discover the same item that has been discovered 5 times in the last few months

~ Sparkz

PS. Just invested into a boar set, all pieces under 1k ped (last 2 weeks) bar the helmet at this stage, 2500 ped, rofl no ty.

Ah looks like the one for 2500 ped did not sell, thank god, that is just getting to be stupid at that price.

[Cougar]

Originally Posted by Midori Fairlona

I don't think it is an update issue. If you take a look at the Nemesis data, you will see the markup source listed as "Ingame" whereas some of the craftable materials have the markup source listed as "PEAuction."

The ones with a PEAuction source appear to show the same price as peauction.

We will need someone with a more in depth knowledge of Entropedia to explain where the data comes from for items with an "Ingame" source.

If you look at the history for them it looks as the Ingame Markup is user inputted.

[Witte]

When the markupsource is not "PEAuction" it is user updated. The main reason for this feature is that there are a quite some items that have totally wrong markup figures on PEAuction. When you think some figures are incorrect, feel free to update them.

[aridash]

Originally Posted by Witte

When the markupsource is not "PEAuction" it is user updated. The main reason for this feature is that there are a quite some items that have totally wrong markup figures on PEAuction. When you think some figures are incorrect, feel free to update them.

im glad this has been brought up, as i noticed quite a few oddities creeping in. For example, currently Jag set is valued more than Tiger. Im not sure that its a good idea to allow anyone to change the value, as its open to abuse. While the PEAuction maybe incorrect, it should be the default and only a select group should be permitted to override values.

[Witte]

Originally Posted by aridash

im glad this has been brought up, as i noticed quite a few oddities creeping in. For example, currently Jag set is valued more than Tiger. Im not sure that its a good idea to allow anyone to change the value, as its open to abuse. While the PEAuction maybe incorrect, it should be the default and only a select group should be permitted to override values.

Most updates are monitored by several people, including myself. So things that are totally outside the ordinary, are very likely to be spotted. I dont see markup as a significant attribute, as it is common knowledge that figures on PEauction and Etropedia are likely not accurate. People who think they are need to be educated they are not.

One thing I like to stress to everyone, whenever you use data on Entropedia for purchases or other important reasons, ALWAYS check the item history on that item. Then you can check what was updated by whom, and often also why. Any irragularities can be marked so they will be checked by others.