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Cayman Islands24199 Posts
On September 11 2012 04:13 Phael wrote:Show nested quote +On September 11 2012 03:36 oneofthem wrote:
capital reserves is important though. you don't want to tie up 50m in something that ends in 30 hours. Sure, you just post your max bid after you know you won't need that gold until the bid ends. If the bid ends at say, 6am, just post your max bid then go to sleep. If it ends in an hour, post your max bid and start another farming session, etc. There's no reason to furiously refresh and bid under 5 min left, which is what the people above are saying by increasing the auction duration by 1 min or to 5 min every time a new bid goes in. Doing that would actually be *worse*: people tend to overbid their max when they see they aren't winning an item. Nothing but impulse buying, and it just makes those who do it poorer, and increasing auction length only caters to this pattern. there are professional snipers just waiting on last second deals to bid, i don't think your proposal for the average player works on that.
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I'm not proposing anything, I'm saying that if you want an item, instead of trying to bid snipe or making it harder for others to bid snipe you, just simply bid the maximum you're prepared to offer for the item instead of madly refreshing and spamming bids at <1 min left.
The system will automatically bid for you. You CANNOT be sniped by definition. There is zero point in increasing auction duration.
There can be professional snipes that try to snipe the item all they want, if they outbid you then they were prepared to offer more than your maximum amount, which means they'd have won regardless whether or not you had an opportunity to bid at the last second.
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Can someone explain to me how does the AH really work because I've found several items on which I've been outbidden every time I tried to bid on them. Its very frustrating. Are those bots?
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Lets say an item starts off with a bid set at 1000 gold.
Player A think it's worth about 5 million gold, but he wants to get a bargain, thinking that no one else will be bidding. He bids on the item for 1000. Sure enough, with 3 minutes left on the clock, it's still displaying at 1000 gold.
Suddenly, right before the auction expires, the 5 other guys who were watching the auction at the same time all start bidding and the item ends up selling for 3 million. Player A gets his 1000g returned and he scratches his head - why was I outbid?
Answer: because there are people who love to make idiots out of others who don't use the max bid option.
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The bidding system is simple: each bid must be at least 5% higher than the previous max bid.
In the previous example, lets say Player A was smarter, and he bid 5 million on the same item. Everything else being equal, lets see what happens at around the 3 min mark:
1.) The displayed value is STILL at 1000, but the auction house is holding 5 million of A's reserve gold in case some other bidders come along, and uses it intelligently to outbid the others.
2.) If anyone else bids a number smaller than the minimum to beat A's 5 mil bid, lets say 1,000,000 gold, he'll instantly get a message saying that his bid was not high enough and get his 1,000,000 gold returned to him. Meanwhile, the displayed value of the item is now changed to 1,050,000 - the minimum necessary to beat the 1 mil bid.
3.) If someone bids slightly higher than A's max bid, but not enough to beat it, say, 5,001,000 gold, he'll still get a message saying that his bid wasn't high enough, and the displayed value on the item jumps to 5,000,000 - A's max bid.
4.) Someone needs to come along and bid at least 5,250,000 gold to actually be winning the auction. At which point all 5 million of A's gold is returned to him, the displayed bid is set to 5.25mil, and we continue this cycle.
Basically:
You do NOT have to wait until the last minute to start bidding. It's more convenient for you to wait until you can't use the extra gold anymore before the auction expires, but you should bid your maximum at a good time for you.
Once you have set your maximum, there can only be two results: 1.) the item sells for your max bid, or under - you win the item guaranteed. 2.) the item sells for higher than your max bid - you do not win the item.
Since that's the entire idea of the max bid - how much you are willing to pay for the item - nothing needs to be set. You do not need an extra 5 min to re-think your max bid.
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Cayman Islands24199 Posts
On September 11 2012 05:33 Phael wrote:
I'm not proposing anything, I'm saying that if you want an item, instead of trying to bid snipe or making it harder for others to bid snipe you, just simply bid the maximum you're prepared to offer for the item instead of madly refreshing and spamming bids at <1 min left.
The system will automatically bid for you. You CANNOT be sniped by definition. There is zero point in increasing auction duration.
There can be professional snipes that try to snipe the item all they want, if they outbid you then they were prepared to offer more than your maximum amount, which means they'd have won regardless whether or not you had an opportunity to bid at the last second.
it doesn't harm the legit bidders but it does make life tougher for sellers who want to use that method. everything is going to be sniped at hte last second and people all want to make a steal, or else they just move onto the next target. i don't think this particular sniping activity serves any market function.
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On September 11 2012 07:01 oneofthem wrote:Show nested quote +On September 11 2012 05:33 Phael wrote:
I'm not proposing anything, I'm saying that if you want an item, instead of trying to bid snipe or making it harder for others to bid snipe you, just simply bid the maximum you're prepared to offer for the item instead of madly refreshing and spamming bids at <1 min left.
The system will automatically bid for you. You CANNOT be sniped by definition. There is zero point in increasing auction duration.
There can be professional snipes that try to snipe the item all they want, if they outbid you then they were prepared to offer more than your maximum amount, which means they'd have won regardless whether or not you had an opportunity to bid at the last second. it doesn't harm the legit bidders but it does make life tougher for sellers who want to use that method. everything is going to be sniped at hte last second and people all want to make a steal, or else they just move onto the next target. i don't think this particular sniping activity serves any market function.
Are you even reading what I'm writing? If you bid the maximum you're willing to pay for an item, and no one else bids, you will STILL purchase the item for the same price as if you bid the minimum. However, if someone else bids and is lower than your max bid, you don't need to re-bid on the item, the auction house automatically beats his bid with your reserve gold. You still win the item.
You cannot snipe someone who uses max bid.
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Cayman Islands24199 Posts
On September 11 2012 07:12 Phael wrote:Show nested quote +On September 11 2012 07:01 oneofthem wrote:On September 11 2012 05:33 Phael wrote:
I'm not proposing anything, I'm saying that if you want an item, instead of trying to bid snipe or making it harder for others to bid snipe you, just simply bid the maximum you're prepared to offer for the item instead of madly refreshing and spamming bids at <1 min left.
The system will automatically bid for you. You CANNOT be sniped by definition. There is zero point in increasing auction duration.
There can be professional snipes that try to snipe the item all they want, if they outbid you then they were prepared to offer more than your maximum amount, which means they'd have won regardless whether or not you had an opportunity to bid at the last second. it doesn't harm the legit bidders but it does make life tougher for sellers who want to use that method. everything is going to be sniped at hte last second and people all want to make a steal, or else they just move onto the next target. i don't think this particular sniping activity serves any market function. Are you even reading what I'm writing? If you bid the maximum you're willing to pay for an item, and no one else bids, you will STILL purchase the item for the same price as if you bid the minimum. However, if someone else bids and is lower than your max bid, you don't need to re-bid on the item, the auction house automatically beats his bid with your reserve gold. You still win the item. You cannot snipe someone who uses max bid.
yes, that happens when you have an item with a number of bidders on it and at least some of them do want to get the item instead of sniping. but for those that do not have that many people watching it, this does not apply. everything you've said so far only applies to items that have actual buyers wanting to pay fair price on them.
so in the other situation with only snipers, they'll all want to pay a sniping price and won't actually commit that much money into an item when they think they won't turn a profit. then you have a situation in whcih the item will be sold for under its value and this is made possible by the very possibility of sniping behavior.
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On September 11 2012 07:17 oneofthem wrote:Show nested quote +On September 11 2012 07:12 Phael wrote:On September 11 2012 07:01 oneofthem wrote:On September 11 2012 05:33 Phael wrote:
I'm not proposing anything, I'm saying that if you want an item, instead of trying to bid snipe or making it harder for others to bid snipe you, just simply bid the maximum you're prepared to offer for the item instead of madly refreshing and spamming bids at <1 min left.
The system will automatically bid for you. You CANNOT be sniped by definition. There is zero point in increasing auction duration.
There can be professional snipes that try to snipe the item all they want, if they outbid you then they were prepared to offer more than your maximum amount, which means they'd have won regardless whether or not you had an opportunity to bid at the last second. it doesn't harm the legit bidders but it does make life tougher for sellers who want to use that method. everything is going to be sniped at hte last second and people all want to make a steal, or else they just move onto the next target. i don't think this particular sniping activity serves any market function. Are you even reading what I'm writing? If you bid the maximum you're willing to pay for an item, and no one else bids, you will STILL purchase the item for the same price as if you bid the minimum. However, if someone else bids and is lower than your max bid, you don't need to re-bid on the item, the auction house automatically beats his bid with your reserve gold. You still win the item. You cannot snipe someone who uses max bid. yes, that happens when you have an item with a number of bidders on it and at least some of them do want to get the item instead of sniping. but for those that do not have that many people watching it, this does not apply. everything you've said so far only applies to items that have actual buyers wanting to pay fair price on them. so in the other situation with only snipers, they'll all want to pay a sniping price and won't actually commit that much money into an item when they think they won't turn a profit. then you have a situation in whcih the item will be sold for under its value and this is made possible by the very possibility of sniping behavior.
That's the problem of a dumb seller who prices his wares too cheaply. If you don't want to get sniped, don't sell your item with a ridiculously low starting bid. Problem solved.
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So you're basically saying that if an item sells for less than the seller thinks it should sell as, then it's the system's fault?
The system that allows the seller to place a minimum bid on the item?
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That is why you should use the bid only System only when you wanna sell a High end item that People will actually want for themselves.
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Cayman Islands24199 Posts
this is not a matter of blaming people, but analyzing the system functionally. anyway forget it.
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Russian Federation4235 Posts
Geez...
My first ilvl 63 legendary drop aaaaaaaand:
Tasker and Theo with Vitality and life regen as random affixes. I hate this game so much.
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i found a lost boys plan, now before pargon it would be worthless but since it creates plus experence boots the plan is worth close to 400k auction house, my question is should i just sell the plan or use it to craft and sell boots?
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On September 11 2012 23:39 BluzMan wrote:
Geez...
My first ilvl 63 legendary drop aaaaaaaand:
Tasker and Theo with Vitality and life regen as random affixes. I hate this game so much.
All my legendaries I've found have been item lvl 60, in act3 too. -_-
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I found my first Inferno legendary yesterday!
A Sledge of Athskeleng. Sadly my dreams of retiring with millions of gold were cut short when I looked at the equivalents on the auction house, my one only has 193 Int and no other prime stat. Ah well, it'll be a fun weapon to give to a wizard/witchdoctor if I reroll.
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Russian Federation4235 Posts
Taking this back as I've just dropped a design for a Radiant Star Emerald (yeah the most expensive one).
Btw, jeweler's designs are blue. I've almost missed this one rly. They should make it light blue like tomes and potions imo.
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what the shits we have a Diablo 3 sub catalogue. its like finding a dollar in your pants you havent worn for years.
but for the sake of discussion, Diablo 3, hiw peaceful would hell be without hell leaders?
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On September 12 2012 01:40 Goshawk. wrote:Show nested quote +On September 11 2012 23:39 BluzMan wrote:
Geez...
My first ilvl 63 legendary drop aaaaaaaand:
Tasker and Theo with Vitality and life regen as random affixes. I hate this game so much. All my legendaries I've found have been item lvl 60, in act3 too. -_-
Im kinda lucky then I guess. Windforce, Firewalkers and 2s cindercoat last week. Yesterday I found a Manticore with 2 sockets, 95% crit and 190dex 
Allmost ran past it aswell, caught something brown in the corner of the screen so went back to check.
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EPT
