Yellow Salvage, what's up with that?

[tidge]

It happened again in the last 12 hours. Again, I had enough "non-market" characters with stacks of yellow stock-piled to take advantage of/reset the AH prices.

 

I find it odd that there are only a few hundred bids for yellow salvage at exorbitant prices, as opposed to the past (tens of?) thousands... the latter seems like a peculiar market manipulation attempt (probably working off of old mental models about the market from Live) whereas the former looks more like a sort of "buy it now" strategy. I just can't imagine why someone would want to 'buy it now' for several hundred yellows at such prices.

[Andreah]

2 hours ago, tidge said:

I just can't imagine why someone would want to 'buy it now' for several hundred yellows at such prices.

I could see myself doing this easily. If I need two yellow salvage to craft a purple, paying 100k each for them is a round off error compared to the value of a purple.

 

Consider the worst case, you need 600,000 inf, two yellows at 100k each and three oranges at 1m each, that's 3,800,000 inf to craft it, plus the value of the recipe. Those go for around 10 million if you are a patient bidder, iirc. So, out of maybe fourteen million to get your purple, who would care about 200k? People don't even bid-creep for purples in 100k intervals.

[tidge]

2 minutes ago, Andreah said:

I could see myself doing this easily. If I need two yellow salvage to craft a purple, paying 100k each for them is a round off error compared to the value of a purple.

 

For two, sure. This was about Nx100 bids tho.

[Andreah]

19 minutes ago, tidge said:

For two, sure. This was about Nx100 bids tho.

Well, when I craft purples, I craft a few hundred of them. Haven't done that in a while though, maybe I should again.

[Yomo Kimyata]

The /AH seems to be working as intended, although I think a large portion of its users don't know what the intention is!  

 

There are a lot of people who are putting in bids and offers, and it is very satisfying to me to be able to suss out who is doing what and why.  The October yellow salvage run makes sense to me because over the past five years (wow!) you learn what other people do and why because it makes sense to them.  At least so far!