What are these people actually thinking?
I understand that there are people who will buy gold online, but with the amount of items that are flooding the auction house, I do not understand how these people are rationalizing their pricing. Most likely, for the vast majority of these high pricing players, these items will not be sold and it is just held in the auction house for two days wasting auction house space, as you can only have 10 items up at a time.
I would assume that it is much better to set the prices pretty low, so that the turn over in the auction houses increases, netting the majority of players more gold in a long run, from observing the amount of rare items (that are decent for someone, but not for that current character) that drop while normal play.
At least, I find quite a lot of Gem sellers to have some sort of pricing sense, so I have bought a few.
I understand that there are people who will buy gold online, but with the amount of items that are flooding the auction house, I do not understand how these people are rationalizing their pricing. Most likely, for the vast majority of these high pricing players, these items will not be sold and it is just held in the auction house for two days wasting auction house space, as you can only have 10 items up at a time.
I would assume that it is much better to set the prices pretty low, so that the turn over in the auction houses increases, netting the majority of players more gold in a long run, from observing the amount of rare items (that are decent for someone, but not for that current character) that drop while normal play.
At least, I find quite a lot of Gem sellers to have some sort of pricing sense, so I have bought a few.