Quote Originally Posted by Prrringles View Post
Dude this happened on Moogle. Was selling for 17-24mil. Then one guy came who apparently HAD TO sell it and kept undercutting by 2mil every time until it was selling for like 6-7mil. Of course all the bots kep matching the price so now there are like 20 mounts for under 8mil on the board. It just takes one ***** to screw up an item.
Was it actually selling for over 17m or just listed at 17m with none actually selling? And i am not talking about one fool buying an inflated price.
Anytime a new very rare item is introduced the price starts absurdly high with zero buyers till price drops to a point that enough purchases keep the price constant. I would have that pricecorrection happen quickly.
But sometimes demand of an item is so low that it drops to almost nothing.