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Snozberry Dreamsicle's avatar
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animega90
Snozberry Dreamsicle
animega90
Snozberry Dreamsicle
Although I love gaia very much and in all honesty I really do think you guys generally do an awesome job. I think this whole Bid Blast thing has a few flaws that could definitely be worked on.

Like, I'm sure it's been said before but there should at least be some kinda restriction where you can't bid unless you actually have that much money in your inventory. The way it is now, it'd be impossible for anyone to ever win anything really. People could just be losers and do what they're doing to the elegant white coat right now and keep bidding and bidding forever without having any intention of actually paying for the item.

Also, the whole thing where the time resets whenever there's a bid. That kinda defeats the whole point of having any time limit at all if it could just go on forever like that. Especially since there's no requirement to actually have the amount of gold you're bidding.

My personal suggestions:

1. No timer resets. Keep the auctions to a few hours so people can actually watch their item and not have to hope that they'll be awake at the right time a few days from now.

2. Users must actually have the amount listed when they bid

3. As soon as they win the auction, the money is taken from them and the item is sent straight to their inventory to prevent people from jacking up the price infinitely with no intention of actually paying.

Once thats fixed, I think the idea could be really cool. A decent gold sink and a cool way to get cheap items, just like it was intended.


I agree that this system is less than ideal, and could use tweaking, but everything you just listed is the way things are set up in the market.


I mean yeah, kinda. But in the market the timer is technically infinite too, it would be kinda cool if there was an auction that had a timer that actually ended.

And although I'm one of the few and maligned PRO-inflation types, Bid-Blast would be more of a money sink what with the gold not going back in the system.

I mean, as it is now it's TOTALLY flawed to the point of being pretty much pointless.

Hell, I was even thinking it might be cool if they made tickets MORE expensive. Like 100-200 gold each, to really scare away those troll bidders but still make it reasonable enough that people would be willing to pick up a few.


I'm not sure how infinite the market bid system is. Listing an item for buy only only lets you list it for a maximum of 2 weeks. I would assume the bid system has the same limit.


Well yeah, not literally infinite. But long enough to kinda defeat the point of even trying to have a time limit outside of whatever the maximum limit is.

I do think it would make a lot more sense to keep the limit to like a few hours. It would give people enough time to see the item and place a few bids but also not have to worry about like setting an alarm and waking up in the middle of the night or anything. As well as prevent this crap that's going on with the elegant coat where you know it's just gonna keep going on till friday, end at like 10 million and just go back to auction.
K i n g X u m o t - XVI's avatar
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You guess should stop adding time, either after a certain time or altogether.
The very first item (forgot the name) has been at 30 seconds for about 6 hours now.
Each time it reaches 22 seconds, it goes up to 27, then back to 25 and up to 30.
Seriously, this has been happening for about 6 hours now.
It's a waste of time just increasing the time limit over and over again, because the minute someone stops, someone will bid.
It's a never ending process from what I have seen thus far.
Please fix this.
Sagebomb's avatar
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In addition to what others are saying and what I said earlier.

I actually agree with auto extend. It stops the pure chance that one of the 1000 people clicking bid at the last microsecond would get it.

Prehaps only people who bid on the item before the extend started should be able to bid after it.

I.e After initial close

"Error, only bidders whom bid before X time may bid on this extended auction"

Or maybe only people who bidded in the last hour before close.

Either way something needs to be done, and someone who comes along a day after it closes shouldnt be able to win the item.

and again definitly you SHOULD HAVE TO and be able to AFFORD the item
XTrange
Cool feature. BUT I think the 30 secs reset is a problem... Maybe substracting 1 sec each reset?
I agree with this... these bid seem never ending at the moment, I realize their is an actually end date but as of right now. That silly coat is going to by at million by the time the actual bid ends.

Edit:
Can I post my own items up there at the rate these bids are going I could build a castle of golden pixels. 4laugh
Blood, sweat and tears? sweatdrop

Darn.

Maybe you should add more information on how to use the feature.

Right now it's really confusing.
Cryostix's avatar
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I actually think it's a great system, except for the constant bidding. The coat is worth much much more than the Market Price value and I thought Bidblast was created to get items at a much more reduced price... I think that the easiest and most simple solution to fix this problem over time, is to create a penalty for those who can't come up with the gold in the reserved time. Like, 20% of the final price is deducted from your account if you fail to get the gold in 7 days. If the user doesn't have 20%, his gold is reset to 0. Sounds harsh, but then again, it was promised to get items at reduced prices, which clearly isn't happening at the moment... smile
K i n g X u m o t - XVI
You guess should stop adding time, either after a certain time or altogether.
The very first item (forgot the name) has been at 30 seconds for about 6 hours now.
Each time it reaches 22 seconds, it goes up to 27, then back to 25 and up to 30.
Seriously, this has been happening for about 6 hours now.
It's a waste of time just increasing the time limit over and over again, because the minute someone stops, someone will bid.
It's a never ending process from what I have seen thus far.
Please fix this.


Sorry if I sent you a quote notice, I just want to emphasize this point a bit.

While I like this bidblast thing (it's a cute idea), I think it could go on forever as long as there's at least two people with some bid tickets to play with. This is the only flaw (so far) that I'm seeing with this.
Kidtrip's avatar
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1. It's a terrible and obvious gold sink so the users have to suffer for the site's mistakes
2. Gaia went against their word about re-releasing old Donation Items (MCs for the newer users). These items were marketed as an investment in the site and would help the user while helping the site as well. Gaia is now taking away the "helping the user part'
3. Tons of people go through a lot of hard work to quest these rare items and then they find out someone is most likely going to get the items they spent 100mil+ on for around 10-12mil? Not cool. It's got the exchange in fits and a lot of users are leaving
4. Stop allowing the artists/whoever is incharge of this portion of the site in on the business side. It causes problems
5. For the love of God, stop making the users pay for your mistakes and failures for money making. Everyone knows booty grab killed the economy but that's YOUR fault. Don't make us suffer for your poor planning skills and desperation to make money on anything and everything.
Devils_Sword's avatar
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I hate this concept so many bidding sites have implemented this crap and all it does it force users to spend money on tickets and bid on items that discourage sniping but can bought for supposedly lower prices, but the amount of time you spend staring and clicking at the item up for bid is from start to finish which could take forever if everyone is after the item, and if you run out of tickets you have to purchase more, this is basicly a lose-lose-lose-win scenario frustrating more users than it pleases, if you want to discourage sniping then remove the time limits on items and replace it with a worded estimate on how much time is left (a good example of this is the Spiral Knights Auction House)
Sagebomb's avatar
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Gendocide
1. It's a terrible and obvious gold sink so the users have to suffer for the site's mistakes
2. Gaia went against their word about re-releasing old Donation Items (MCs for the newer users). These items were marketed as an investment in the site and would help the user while helping the site as well. Gaia is now taking away the "helping the user part'
3. Tons of people go through a lot of hard work to quest these rare items and then they find out someone is most likely going to get the items they spent 100mil+ on for around 10-12mil? Not cool. It's got the exchange in fits and a lot of users are leaving
4. Stop allowing the artists/whoever is incharge of this portion of the site in on the business side. It causes problems
5. For the love of God, stop making the users pay for your mistakes and failures for money making. Everyone knows booty grab killed the economy but that's YOUR fault. Don't make us suffer for your poor planning skills and desperation to make money on anything and everything.


As much as you like the idea of a couple people hoarding things like the Angelic Halo so that people like jack or ma have no realistic chance at getting them. A limited release will ultimatly not really affect the price. Do halos even have a price anymore, I cant remember the last time one sold.

thats like saying a massive flood of bunny or chicky slippers into the system will allow me to now buy them for below 50m ea.

If a small number enter back into the system, they will quickly pass up the chain and be back up at the user controlled price. It takes relativly large numbers to dilute the system.

Whilst I agree the number should be small, I think the emerald seed example shows that even large numbers entering the system bounces back fairly quickly.

I guess one way to look at it is, it may prevent the manipulation of the market by the power users who already control the larger items. But from a economy point of view its only people without any level of statistical understanding who should be scared. Of course a user who gets minis at a cheap price may drop them in the exchange for like 50m causing a low ABP. But do you really use ABP for 03s? If so, good luck in getting 40m ports.
I am like a lot of other users on here seeing that the item has been bid up way higher then the actual price. There should be a fail safe that if it goes so much above the average market price it is an automatic win. I have the feeling that a lot of users have not read, or watched the video of how to use you provided . I do believe that something must be done to ensure that the user knows that they are responsible for paying the amount at the end of the auction, or they will be penalized. If not this will be an easy hunting ground for bored trolls who just want to inflate the item out of spite. I am sure that it is a matter of they believe that if they "win" they get the item for the amount that they bid on it.
Shadow Coon II's avatar
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SilverEgg
Kimiko Ross
BidBlast is not unique since the principles behind it are still the same. Until the user has physically purchased the item after winning it, they do not own the item. "Borrowing" the money to buy it so they can turn around and sell it after has too much scam potential to be allowed.

I question this since there are some instances when users buy art from shops without having the money or item at hand even after winning auctions (e.g. "I bid 1 mil on your art auction but I don't have the gold yet - but I'll have it once I sell _____"; or "I'll AB your auction with the ______ item, once I am able to sell another item to buy your AB item" ). What about these cases? I see this happen a lot.
They only become problems when the other person doesn't fulfill their end of the deal - in which case it becomes a scam or the artist reverts to the 2nd highest bidder.


Simply put: just because a lot of people break a rule doesn't mean it's not a rule. A lot of people drive over the speed limit on roads, but that can still get a ticket if they get caught.
Kidtrip's avatar
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Sagebomb
Gendocide
1. It's a terrible and obvious gold sink so the users have to suffer for the site's mistakes
2. Gaia went against their word about re-releasing old Donation Items (MCs for the newer users). These items were marketed as an investment in the site and would help the user while helping the site as well. Gaia is now taking away the "helping the user part'
3. Tons of people go through a lot of hard work to quest these rare items and then they find out someone is most likely going to get the items they spent 100mil+ on for around 10-12mil? Not cool. It's got the exchange in fits and a lot of users are leaving
4. Stop allowing the artists/whoever is incharge of this portion of the site in on the business side. It causes problems
5. For the love of God, stop making the users pay for your mistakes and failures for money making. Everyone knows booty grab killed the economy but that's YOUR fault. Don't make us suffer for your poor planning skills and desperation to make money on anything and everything.


As much as you like the idea of a couple people hoarding things like the Angelic Halo so that people like jack or ma have no realistic chance at getting them. A limited release will ultimatly not really affect the price. Do halos even have a price anymore, I cant remember the last time one sold.

thats like saying a massive flood of bunny or chicky slippers into the system will allow me to now buy them for below 50m ea.

If a small number enter back into the system, they will quickly pass up the chain and be back up at the user controlled price. It takes relativly large numbers to dilute the system.

Whilst I agree the number should be small, I think the emerald seed example shows that even large numbers entering the system bounces back fairly quickly.

I guess one way to look at it is, it may prevent the manipulation of the market by the power users who already control the larger items. But from a economy point of view its only people without any level of statistical understanding who should be scared. Of course a user who gets minis at a cheap price may drop them in the exchange for like 50m causing a low ABP. But do you really use ABP for 03s? If so, good luck in getting 40m ports.
A halo will actually exchange hands every month or two generally in the exchange, they aren't sold on MP generally except for when BRAIN wants to troll
And yes, a flood of an item into a system will drop its value. Look at Lucky the Cat. You can get one for 26-28mil now when they used to be 40-60mil because they kept releasing the item in the RIGs. Emerald seed didn't have a high success rate to start and most people are willing to play and try and get lucky, a majority ending in fails, then wait forever to get one to sell at an inflated price.

As for dropping the AVB, that's a given when more of any item are released as stated above. However, exchange sales don't alter AVB, only marketplace transactions do. Exchangers go by their own rates and everyone who exchanges regularly knows the protocol on proper offers and price ranges for each item. If someone gets one for less, people are going to know and thus be willing to pay less to get it from them because that first person is already getting a large profit and all exchangers want a profit as well. And if you really knew anything of the exchange, you would know it's in a fit about this and massive amounts of 03s and high 04s have been sold in the last week so that they don't loose out on the item INVESTMENT Gaia told them they would have with it.

The people with gold wealth have it for a reason - granted a lot of newer ones are from Mommy and Daddy's credit card and paypal. A lot of these users have been around since the early stages of the site back with gogaia. These people, including myself, work for our gold. Anyone can do it and anyone can get lucky, you just have to put in time, patience, and logic. Why should these people suffer after they put so much work into the site? Bettering the community for the users who don't have much? I find those users abuse games like booty grab and zOMG for gold, a much less legit and positive thing for the site. The rich on this site generally get their wealth from exchanging hands, not generating crap-loads of new gold into the economy.
Sagebomb's avatar
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Gendocide
Look at Lucky the Cat. You can get one for 26-28mil now when they used to be 40-60mil because they kept releasing the item in the RIGs.

And if you really knew anything of the exchange, you would know it's in a fit about this and massive amounts of 03s and high 04s have been sold in the last week so that they don't loose out on the item INVESTMENT Gaia told them they would have with it.


You know that rig pets start high and almost always drop pretty steadily as thier cool factor fades, rereleased or not.

How many rig pets can you name that still sell for thier opening couple weeks price, after about 6 months?

Rigs were always going to have a chance of rerelease, rigs are called high risk for now reason. You know that profits come from hoarding rigs themselves, not the items inside regardless of rarity.

And fear mongering does that to people, prices frop with fear and when people realise it was only fear the price stabilises and the idiots who sell realise thier loss whislt fear mongers and investers can take pride in thier gain.

dropping old mcs because of fear is as stupid as people who flood the market of hoards based on suspcians, ultimatly the seller loses out.

Same thing happens all the time with oil prices...investers win...but the traders have all the ups and downs.

I dont know wether you are mongering fear, or being lead by it...But I get a feeling your the sort of person who would look to capitilise by misconceptions.
Sagebomb's avatar
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Darth Step-Mommicus
I am like a lot of other users on here seeing that the item has been bid up way higher then the actual price. There should be a fail safe that if it goes so much above the average market price it is an automatic win. I have the feeling that a lot of users have not read, or watched the video of how to use you provided . I do believe that something must be done to ensure that the user knows that they are responsible for paying the amount at the end of the auction, or they will be penalized. If not this will be an easy hunting ground for bored trolls who just want to inflate the item out of spite. I am sure that it is a matter of they believe that if they "win" they get the item for the amount that they bid on it.


they dont have to buy it, and there is no penatly. Right now they have 7 days to decide if the want it or not. If they decide no it goes to the next highest bidder OR is returned to market depending on which dev description/faq you read

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