MiniRank price thread

No support on this, people come up with their own prices, finding a price and negotiating is part of the market.

Higher ups on this site should not be dictating(or guiding/implying) market prices.

Thus, no support.

 

Making informed choices in a market based setting regarding a market based item is part of the free market, that's why I've been able to merch people for $5 miniranks and sold miniranks at $50 each, that's part of the market.

Staff nor anyone else should be involved in dictating or preventing market practices, the market is meant to be a free market thus there should be no guide, no sticky, dictating or implying prices.

If people get merched $5 or $10 extra, that's part of the market, I know I have plenty of times.

You win some, you lose some, that's how the market is suppose to work.

Informed traders get the best deals(much like the stock market).

You wouldn't write a price guide for everybody on a stock trading forum would you?no.

This suggestion just babys all the uninformed traders.

 

I'd like to request someone non-staff then makes it(even if its CDT), Staff's involvement in the prices and the market should be as minimal as can be.

It should be a community made guide, not a staff made one.

Seems like a reasonable compromise to me, if that happens I wont mind as much.

 

Like I was saying I can make it if you guys would like. if you feel someone else would be more appropriate making it thats fine. i just really think this would boost the amount of minirank trading.

 

I have quite a bit of experience in the minirank market. I can probably just make an unofficial price guide of my own opinion and post that thread in the sandbox. It won't be stickied but it can be bumped as much as possible and linked to.

 

Average prices or a price range based on rarity / what they go for sure, however keep in mind there is no set value and prices are largely just dependent on what people are willing to pay for them.

 

Users should be buying/selling for what they think the value of the minirank is worth to them, not by following a price listing. Most miniranks aren't even in circulation, so whoever makes the price listing thread would be making up their own prices along the way.

 

Contradicting yourself here. You say prices would reach a stable price as a result of this log, thus decisively affecting the price of miniranks. This would be dictating prices.

 

Dictate - control or decisively affect; determine.

Why should this only be a thing for miniranks? Surely this could be done for every market, don't you agree?

 

Why do you think that information does not exist?

 

It doesn't. New players have no idea what the GENERAL PRICE RANGE of miniranks are. The idea here is to give a guide on what miniranks go for I think you're completely looking at it wrong. This is by no means a set price for a minirank. If the average price for a rupee is $30 that's just informing newer players what general price to have in mind. You can still sell or by for whatever you want.. This will create a lot more trading due to people that were unaware of prices having more knowledge of what they are actually paying for.
With gold prices being a way more active market you can go look through threads and know a good range of what to pay within 2 minutes. With miniranks you wouldn't know because there is such a large variety of them. For example buying a more rare rank such as ninja. You don't see that one traded you can't just look through threads and know what to expect.. Ultimately what you buy or sell a minirank for is up to you. I believe this reference guide would just help bring in more traders.

 

You're confusing the question. I'm asking why do you think this information does not exist. I'm not questioning the existence of set prices. The reason for this is that the minirank market is a strategic market.