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 Post subject: Re: Herald’s Gaiters
PostPosted: Sun Jan 06, 2019 7:53 pm 
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Joined: Wed Feb 15, 2017 10:12 am
Posts: 1465
RAIST5150 wrote:
Actually no. When I looked, I saw a +1 kote listed here for 8m. Saw them on Sylph I think going for up to 800k going back to something like 2012. On that same server the gaiters capped at 1.5 at the oldest price point. That would adjust to around 15m. Note someone posted they actually paid 18m, another posted somewhere around 12 or 13m.


My mans, you know that 2012 was 99 cap right? Abbyssea and the level changes destroyed the markets of most items, including Herald's Gaiters. A friend on Siren sold a pair for 50M when he was quitting in 2008.

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This society is really tryin me, ain't no hide and seek
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 Post subject: Re: Herald’s Gaiters
PostPosted: Sun Jan 06, 2019 9:05 pm 
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Joined: Fri Oct 05, 2018 12:26 am
Posts: 133
That is the problem... talking abiut a subjective and/or objective view of targetting a minimum price for an item with no historical data to look at here. A means to blindly determine what you would be willing to pay, and the minimum you could reasonably expect to pay. To objectively find a starting point, would you not want to look at actual data? That is only available at the retail level, but you would likely need to adjust it somehow to be used as an estimation. But it CAN be used as a guide when there is no actual data to look at here. I didn't need to put up a post to ask for an estimate, I was able to form an estimate by simply comparing histories between the two platforms. Compare the numbers, spot the trend, and then ask yourself... "in light of this info, how much should I expect to pay, and how much would I be willing to pay?".

Objectively, I demonstrated how it could be indexed to around 15m. People reported paying within 3m of that--both up and down. Subjectively, someone else stated 25m. But from an objective standpoint, based on the available data presented, 15m would be a reasonable expectation to start from, as evidenced by what people actually posted.

And it isn't exactly a one-off thing either. Objectively, following the same approach, Hachiman sune-ate +1 would objectively estimate out to 4-5m. They are in the bazaar listing for 3m. Note there is actually a retail purchase logged from 2010 for 4m on one server. In this case, albeit a rare one, the retail data actually points to current pricing here.

To say looking at the retail data is flat out irrelevant is not exactly correct.

Sure, at the face values from 2018/2019 transactions is likely to be off-kilter. But you can use it as an index to estimate a starting point, to temper the expectations of pricing, or gauge the value of a price being offered for rare items that would have a long time frame for their history because of how rarely they sold.

Remember, this is about items that have no historical data to look at here, so you are going into it blindly except for what we can discern of the value historically by considering other means like our memories of retail, and trying to frame it within the context of this platform. That is in large part how some of these prices are being set in the first place... the memory of what was paid in the past is largely influencing the decision now, some even stated as such in their posts in this thread.

If you dig through historical retail data, and do a deeper comparison to what you are actually looking at across both platforms, you may actually find data that supports pricing trends in the here and now. Once you can spot that and form a means of indexing price a to price b, than you can use that as a starting point for the unknown.

The difference is you aren't relying on a recollection of what you would have paid in 200x and trying to apply that to here... instead you are trying to find a way to correlate actual historical data to frame a price range for here. If used properly, that historical data can actuay be quite helpful.

In the case of those sune-ate, objectively speaking, 3m looks like a good buy on paper. As to the subjective view of that pricing, that is up to the individual... which again begs the question... after looking at available data, how much would you be willing/expect to pay?

It is a difference between doing a little research yourself to form your own opinion versus simply going along with what he said/she said, which sometimes leads to wierd inflation/deflation issues.


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 Post subject: Re: Herald’s Gaiters
PostPosted: Sun Jan 06, 2019 9:22 pm 
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Joined: Thu Feb 02, 2017 8:38 pm
Posts: 613
RAIST5150 wrote:
That is the problem... talking abiut a subjective and/or objective view of targetting a minimum price for an item with no historical data to look at here. A means to blindly determine what you would be willing to pay, and the minimum you could reasonably expect to pay. To objectively find a starting point, would you not want to look at actual data? That is only available at the retail level, but you would likely need to adjust it somehow to be used as an estimation. But it CAN be used as a guide when there is no actual data to look at here. I didn't need to put up a post to ask for an estimate, I was able to form an estimate by simply comparing histories between the two platforms. Compare the numbers, spot the trend, and then ask yourself... "in light of this info, how much should I expect to pay, and how much would I be willing to pay?".

Objectively, I demonstrated how it could be indexed to around 15m. People reported paying within 3m of that--both up and down. Subjectively, someone else stated 25m. But from an objective standpoint, based on the available data presented, 15m would be a reasonable expectation to start from, as evidenced by what people actually posted.

And it isn't exactly a one-off thing either. Objectively, following the same approach, Hachiman sune-ate +1 would objectively estimate out to 4-5m. They are in the bazaar listing for 3m. Note there is actually a retail purchase logged from 2010 for 4m on one server. In this case, albeit a rare one, the retail data actually points to current pricing here.

To say looking at the retail data is flat out irrelevant is not exactly correct.

Sure, at the face values from 2018/2019 transactions is likely to be off-kilter. But you can use it as an index to estimate a starting point, to temper the expectations of pricing, or gauge the value of a price being offered for rare items that would have a long time frame for their history because of how rarely they sold.

Remember, this is about items that have no historical data to look at here, so you are going into it blindly except for what we can discern of the value historically by considering other means like our memories of retail, and trying to frame it within the context of this platform. That is in large part how some of these prices are being set in the first place... the memory of what was paid in the past is largely influencing the decision now, some even stated as such in their posts in this thread.

If you dig through historical retail data, and do a deeper comparison to what you are actually looking at across both platforms, you may actually find data that supports pricing trends in the here and now. Once you can spot that and form a means of indexing price a to price b, than you can use that as a starting point for the unknown.

The difference is you aren't relying on a recollection of what you would have paid in 200x and trying to apply that to here... instead you are trying to find a way to correlate actual historical data to frame a price range for here. If used properly, that historical data can actuay be quite helpful.

In the case of those sune-ate, objectively speaking, 3m looks like a good buy on paper. As to the subjective view of that pricing, that is up to the individual... which again begs the question... after looking at available data, how much would you be willing/expect to pay?

It is a difference between doing a little research yourself to form your own opinion versus simply going along with what he said/she said, which sometimes leads to wierd inflation/deflation issues.



A broken clock is right twice a day.


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 Post subject: Re: Herald’s Gaiters
PostPosted: Sun Jan 06, 2019 9:24 pm 
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Joined: Sat Dec 03, 2016 2:23 am
Posts: 1143
RAIST5150 wrote:
That is the problem... talking abiut a subjective and/or objective view of targetting a minimum price for an item with no historical data to look at here. A means to blindly determine what you would be willing to pay, and the minimum you could reasonably expect to pay. To objectively find a starting point, would you not want to look at actual data? That is only available at the retail level, but you would likely need to adjust it somehow to be used as an estimation. But it CAN be used as a guide when there is no actual data to look at here. I didn't need to put up a post to ask for an estimate, I was able to form an estimate by simply comparing histories between the two platforms. Compare the numbers, spot the trend, and then ask yourself... "in light of this info, how much should I expect to pay, and how much would I be willing to pay?".

Objectively, I demonstrated how it could be indexed to around 15m. People reported paying within 3m of that--both up and down. Subjectively, someone else stated 25m. But from an objective standpoint, based on the available data presented, 15m would be a reasonable expectation to start from, as evidenced by what people actually posted.

And it isn't exactly a one-off thing either. Objectively, following the same approach, Hachiman sune-ate +1 would objectively estimate out to 4-5m. They are in the bazaar listing for 3m. Note there is actually a retail purchase logged from 2010 for 4m on one server. In this case, albeit a rare one, the retail data actually points to current pricing here.

To say looking at the retail data is flat out irrelevant is not exactly correct.

Sure, at the face values from 2018/2019 transactions is likely to be off-kilter. But you can use it as an index to estimate a starting point, to temper the expectations of pricing, or gauge the value of a price being offered for rare items that would have a long time frame for their history because of how rarely they sold.

Remember, this is about items that have no historical data to look at here, so you are going into it blindly except for what we can discern of the value historically by considering other means like our memories of retail, and trying to frame it within the context of this platform. That is in large part how some of these prices are being set in the first place... the memory of what was paid in the past is largely influencing the decision now, some even stated as such in their posts in this thread.

If you dig through historical retail data, and do a deeper comparison to what you are actually looking at across both platforms, you may actually find data that supports pricing trends in the here and now. Once you can spot that and form a means of indexing price a to price b, than you can use that as a starting point for the unknown.

The difference is you aren't relying on a recollection of what you would have paid in 200x and trying to apply that to here... instead you are trying to find a way to correlate actual historical data to frame a price range for here. If used properly, that historical data can actuay be quite helpful.

In the case of those sune-ate, objectively speaking, 3m looks like a good buy on paper. As to the subjective view of that pricing, that is up to the individual... which again begs the question... after looking at available data, how much would you be willing/expect to pay?

It is a difference between doing a little research yourself to form your own opinion versus simply going along with what he said/she said, which sometimes leads to wierd inflation/deflation issues.



You're dumb for diving this deep into this.

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 Post subject: Re: Herald’s Gaiters
PostPosted: Sun Jan 06, 2019 9:34 pm 
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Joined: Fri Oct 05, 2018 12:26 am
Posts: 133
Concepcion wrote:
A broken clock is right twice a day.

Aeroo wrote:
You're dumb for diving this deep into this.


And speculation has historically led to big problems in markets.

I just prefer to gather information before making a major purchase is all.


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 Post subject: Re: Herald’s Gaiters
PostPosted: Mon Jan 07, 2019 12:57 am 
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Joined: Sun Jul 29, 2018 6:51 pm
Posts: 475
RAIST5150 wrote:
Concepcion wrote:
A broken clock is right twice a day.

Aeroo wrote:
You're dumb for diving this deep into this.


And speculation has historically led to big problems in markets.

I just prefer to gather information before making a major purchase is all.


Experience with the history of this item, and how its price has fluctuated in both retail and on Nasomi is the ONLY accurate information you can go by, and the only information that will ever be accurate for an item that is as close to invaluable as Gaiters is.

Also, was "objectively" in your "word of the day" email this week?


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 Post subject: Re: Herald’s Gaiters
PostPosted: Mon Jan 07, 2019 1:22 am 
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Joined: Wed Dec 06, 2017 2:35 pm
Posts: 2629
RAIST5150 wrote:
That is the problem... talking abiut a subjective and/or objective view of targetting a minimum price for an item with no historical data to look at here. A means to blindly determine what you would be willing to pay, and the minimum you could reasonably expect to pay. To objectively find a starting point, would you not want to look at actual data? That is only available at the retail level, but you would likely need to adjust it somehow to be used as an estimation. But it CAN be used as a guide when there is no actual data to look at here. I didn't need to put up a post to ask for an estimate, I was able to form an estimate by simply comparing histories between the two platforms. Compare the numbers, spot the trend, and then ask yourself... "in light of this info, how much should I expect to pay, and how much would I be willing to pay?".

Objectively, I demonstrated how it could be indexed to around 15m. People reported paying within 3m of that--both up and down. Subjectively, someone else stated 25m. But from an objective standpoint, based on the available data presented, 15m would be a reasonable expectation to start from, as evidenced by what people actually posted.

And it isn't exactly a one-off thing either. Objectively, following the same approach, Hachiman sune-ate +1 would objectively estimate out to 4-5m. They are in the bazaar listing for 3m. Note there is actually a retail purchase logged from 2010 for 4m on one server. In this case, albeit a rare one, the retail data actually points to current pricing here.

To say looking at the retail data is flat out irrelevant is not exactly correct.

Sure, at the face values from 2018/2019 transactions is likely to be off-kilter. But you can use it as an index to estimate a starting point, to temper the expectations of pricing, or gauge the value of a price being offered for rare items that would have a long time frame for their history because of how rarely they sold.

Remember, this is about items that have no historical data to look at here, so you are going into it blindly except for what we can discern of the value historically by considering other means like our memories of retail, and trying to frame it within the context of this platform. That is in large part how some of these prices are being set in the first place... the memory of what was paid in the past is largely influencing the decision now, some even stated as such in their posts in this thread.

If you dig through historical retail data, and do a deeper comparison to what you are actually looking at across both platforms, you may actually find data that supports pricing trends in the here and now. Once you can spot that and form a means of indexing price a to price b, than you can use that as a starting point for the unknown.

The difference is you aren't relying on a recollection of what you would have paid in 200x and trying to apply that to here... instead you are trying to find a way to correlate actual historical data to frame a price range for here. If used properly, that historical data can actuay be quite helpful.

In the case of those sune-ate, objectively speaking, 3m looks like a good buy on paper. As to the subjective view of that pricing, that is up to the individual... which again begs the question... after looking at available data, how much would you be willing/expect to pay?

It is a difference between doing a little research yourself to form your own opinion versus simply going along with what he said/she said, which sometimes leads to wierd inflation/deflation issues.


Oh shit he’s serious

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 Post subject: Re: Herald’s Gaiters
PostPosted: Mon Jan 07, 2019 4:16 am 
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Joined: Wed Feb 15, 2017 10:12 am
Posts: 1465
Wolffhardt wrote:
Oh shit he’s serious


Nah, just retarded. He's never had a pair of Gaiters in his inventory or he wouldn't be going this far with it.

_________________
Image
This society is really tryin me, ain't no hide and seek
I hide to be far from anxiety, I need my space,
I need my privacy, I need some signs please,
You're all too loud you don't speak quietly, opinions violently.
Deft/Drop


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 Post subject: Re: Herald’s Gaiters
PostPosted: Mon Jan 07, 2019 4:28 am 
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User avatar

Joined: Thu May 10, 2018 6:01 pm
Posts: 798
Gil? You're speaking the wrong language. Someone's gonna have to give head before you see gaiters for barter.


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 Post subject: Re: Herald’s Gaiters
PostPosted: Mon Jan 07, 2019 5:24 am 
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Joined: Wed Jul 13, 2016 5:43 am
Posts: 338
I sold my gaiters to Deadwing awhile ago, but it was for a bunch of Jadeshells I then used to finish a Ghorn. There is a good chance you're wearing my old pair Deft :lol:


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