Rational behind Trades Price Controls?

[ritzwin]

(you need an account to see links)

What's the rational here? Keep out competition from the established buyers? New sellers have to sell for the same price as old ones. Who's the buyer going to go to- someone who's trustworthy and established or the new guy with 5 posts selling for the same price.

That's what it feels like. I mean if this forum doesn't like competition that's cool- it just appeared like a freer place when I first joined.

Also the price on other forums without price controls is barely lower than here. $2 for small transactions and down to like MAYBE $1.3 for huge transactions. So don't give me any BS about "The price will crash!"

[Ghosts]

If the NP price limit wasn't in place, NP would be selling for $0.50/m or less, and the market would be dead. It's better for everybody.

It's the same with NC, the market was dying, so the $1/cap rule was implemented. It helps everybody get more for the stuff that they're selling.

[Wenis]

If the NP price limit wasn't in place, NP would be selling for $0.50/m or less, and the market would be dead. It's better for everybody.

To be far and to be honest the market is kinda dead already........there are truly not a whole lot of people making sales here now adays........even since school has started the market has begun to tail off a large amount and if people are smart enough they dont buy nps directly through here to maintain the price market

.......things are only truly worth what people are willing to pay for them and its just sad to say that the neopets market that we are mainly here for is falling to rock bottom in front of our very eyes

[I_royalty_I]

To be far and to be honest the market is kinda dead already........there are truly not a whole lot of people making sales here now adays........even since school has started the market has begun to tail off a large amount and if people are smart enough they dont buy nps directly through here to maintain the price market

.......things are only truly worth what people are willing to pay for them and its just sad to say that the neopets market that we are mainly here for is falling to rock bottom in front of our very eyes

The market has been going downhill ever since it was established. I remember selling for $5/6 a mil, on the very rare occasion (when nobody else had stock) I would get $7/mil. That was back in like.. 2009. Since then things have been getting cheaper and cheaper. This time of year is always slow. The sellers still have things but aren't doing as much along the lines of getting new things. And the buyers aren't buying as much. It's pretty much just the way things go.
The main audience is college aged people now a days, give or take. Everyone is busy with work/school/etc this time of the year. It usually picks back up over the winter and towards the end of spring/summer.

[Wenis]

The market has been going downhill ever since it was established. I remember selling for $5/6 a mil, on the very rare occasion (when nobody else had stock) I would get $7/mil. That was back in like.. 2009. Since then things have been getting cheaper and cheaper. This time of year is always slow. The sellers still have things but aren't doing as much along the lines of getting new things. And the buyers aren't buying as much. It's pretty much just the way things go.
The main audience is college aged people now a days, give or take. Everyone is busy with work/school/etc this time of the year. It usually picks back up over the winter and towards the end of spring/summer.

I completely agree with your statement but i was kinda pointing towards things like the big nc/uc/item market ......just being off of here for a short bit of time the market seems to be flooded with many more of everything since the beginning of summer since i 1st got here ....... like for example how many people were selling all the ucs before summer ..... just Kylae and now look at the market I can name like 3-6 more people that can hook me up with any uc that i want....the same goes for nc and big ticket neopoint items


now obviously it could just be that the market is super flooded right now or it could be because i was just getting back into all of this in may and I was super ignorant but my head is kinda telling me otherwise

[Ghosts]

I completely agree with your statement but i was kinda pointing towards things like the big nc/uc/item market ......just being off of here for a short bit of time the market seems to be flooded with many more of everything since the beginning of summer since i 1st got here ....... like for example how many people were selling all the ucs before summer ..... just Kylae and now look at the market I can name like 3-6 more people that can hook me up with any uc that i want....the same goes for nc and big ticket neopoint items


now obviously it could just be that the market is super flooded right now or it could be because i was just getting back into all of this in may and I was super ignorant but my head is kinda telling me otherwise

I don't know this for sure, but I was sort of under the impression that the people selling every UC pet work with Kylae, which makes the market look more flooded than it is. I don't think that they each have a full set of UCs themselves.

I could be entirely wrong though, that's just what I assumed.

[I_royalty_I]

It's to keep things rolling and keep the neo-economy alive. If people were left to keep undercutting soon it wwould've $0.25/mil.
I don't think it has anything to do with keeping out new people from selling. But at the same time, you should have to establish your reputation if you want sales. Why would somebody wanna go with the new person with 5 posts when there is a well established person who is very trustworthy selling the se thing they are after. There are perks for sticking around, building your rep and giving back to the forum.

[katix]

i have no problem buying from a newbie. just use a MM. i dont see any discrimination against newbies selling things. plus like ghosts said. np price is set just to keep the market alive.

[ritzwin]

Also the price on other forums without price controls is barely lower than here. $2 for small transactions and down to like MAYBE $1.3 for huge transactions. So don't give me any BS about "The price will crash!"

Common guys, lets give me the real answer.

[Wenis]

Common guys, lets give me the real answer.

Give you the real answer......that is the real answer...... the price floor helps keep things as stable as you possibly could go it also makes things more legit and cuts down on the competition and price slashing like you tried to do yesterday with a few tiny little neo items.......yes super duper bulk is acceptable but having that floor makes it so you cant just show up to this site randomly for who knows how long and under mine the market