Marketplace - Rare Value Reporters Take Heed!

[Christopher]

I'm writing this in the hope that Habbox starts to bring its rare values data inline with the Marketplace minimum trading values.

For example, an HC sofa can only be worth 15 credits if the minimum value in the marketplace is 15, when actually it is 13 (atm).

Can I receive any indication from Staff that they will be looking to do this?

[-:Undertaker:-]

I can see Club Sofas being sold for 14 credits on the marketplace as we speak right now. I also saw one for sale at 13 credits just before. Habbox will, as always, continue pricing the rares at the prices we see them going for. The credit values on rares were actually dropping until today, so we'll see what effect the marketplace has on the market and continue to price at what the majority of items are going for.

[Christopher]

Excellent news.

[visa]

habbox will take advantage of the marketplace as a tool to better determine rare values.

[Mr-Trainor]

what do you mean by minimum trading values?

if you mean like, what the cheapest sale price is, than that won't really mean much. I saw a power globe and a gray screen at a price of 10100c each and beige mode hatch at 1000c lol.

[visa]

what do you mean by minimum trading values?

if you mean like, what the cheapest sale price is, than that won't really mean much. I saw a power globe and a gray screen at a price of 10100c each and beige mode hatch at 1000c lol.
lol, not everyone seems to have the appropriate pricing ability.

[Ajthedragon]

I saw one at 11c? :S Meaning someone got 10c for it.

[Gaix]

I think we should be allowed to offer what ever he want for things.

[Experting]

Ive seen them in there for 12 credits. Which is only 11 credits.

http://i515.photobucket.com/albums/t357/Experting/clubsofa.png

[Mr-Trainor]

I've sold 100-200 club sofas at 11c per in the market (well, 12c because of the extra 1c).

[AgnesIO]

Also in reply to the ts the HC is shown on habbox for the average price not the lowest.



For example, an HC sofa can only be worth 15 credits if the minimum value in the marketplace is 15

[Christopher]

I think you lot mistake the two-way process of Habbox and its bias. Habbox dictates rare value more than the marketplace does.

[AgnesIO]

I think you lot mistake the two-way process of Habbox and its bias. Habbox dictates rare value more than the marketplace does.


Habbox just does what the users want it to do.

Give up-to-date rare values.

[-:Undertaker:-]

I think you lot mistake the two-way process of Habbox and its bias. Habbox dictates rare value more than the marketplace does.

I think you misunderstand the way it works, Habbox does not have a solid grip on the market because if it did like you are making out, then items would never change from their Habbox value so thus Habbox does not have a solid grip on the market and never should.

Yes some people treat it like a bible, but apart from writing 'Habbox is Guide' at the top of the values pages we can't do anything, whenever i'm in a room and somebody goes 'but Habbox says its 0.5' or w/e I tell them its a guide. Habbox cannot stop people following it like the bible.

[AgnesIO]

I think you misunderstand the way it works, Habbox does not have a solid grip on the market because if it did like you are making out, then items would never change from their Habbox value so thus Habbox does not have a solid grip on the market and never should.

Yes some people treat it like a bible, but apart from writing 'Habbox is Guide' at the top of the values pages we can't do anything, whenever i'm in a room and somebody goes 'but Habbox says its 0.5' or w/e I tell them its a guide. Habbox cannot stop people following it like the bible.


It's not a bible you nerd :rolleyes:

It's a religion.

[Christopher]

Undertake, I am not a great believer in saying that experience gives wisdom. However, I have been on Habbo since '03 and over the years Habbox has always been used almost religiously to value rares.

Take for example the Samovar scam one of your ex co-workers set up. I guarantee you that whatever you change a Throne value to it will be worth exactly that.

Habbox does dictate the market. I'm rather shocked you don't appreciate this.

[-:Undertaker:-]

Undertake, I am not a great believer in saying that experience gives wisdom. However, I have been on Habbo since '03 and over the years Habbox has always been used almost religiously to value rares.

Take for example the Samovar scam one of your ex co-workers set up. I guarantee you that whatever you change a Throne value to it will be worth exactly that.

Habbox does dictate the market. I'm rather shocked you don't appreciate this.

Instead of leaving you in the dark about the Russian Samovar i'll tell you exactly what happened and I can use it fort future reference aswell whenever it comes up (as it usually does).

We were having a discussion (the department) about items that needed moving into the right sections, because with the different categories appearing we decided we needed to start placing rares properly. A member of staff called DaWnOfAaRoN then pointed out that the ione Gifts (Throne, Russian Samovar and Holopod) were all technically super rares.

Anyway as it happens I spoke to 8Freak8 (then Habbox GM) and he agreed to let us move them to super rares if we held a poll first which asked whether people thought they should be supers or not. The poll over overwhelmingly in favour of moving them to supers, however as it had been left to a poll many people saw the thread and thought to themselves "i'll start buying samovars and holopods then because if they become supers it must mean they'll be worth more" - they first went up 0.5 CS, 1.0 CS, and so on until it got to stupid amounts. I did my job and updated them, infact I never planned or did make a profit out of any of it, I had had a Samovar for a while in my room and I refused to sell even when it was at its peak or dropping, I kept it until it was down to the 1.2 CS level because I never intended to make anything out of it, and never did.

Anyway back to the story, 8Freak8 then went back on his word about them and as a Habbo called Rosie had contacted me on Habbo to ask about Samovars (she had 100 odd) it all looked a bit, well.. bad. nvrspk trusted me when it happened, and he still evidently does as i'm staff again now after Immenseman asked me back to the department.

You obviously have something against Habbox hence why the Samovar Saga has been brought up, and I really don't know what you would like us to do except stop providing rare values, but if we did then another site would then gain dominence and you'd be in exactly the same position. If rares move, then we have not got complete dominence and we should never have complete control either.

Credits have changed, we changed with them.

[Christopher]

Interesting post taken from elsewhere I think?

I personally have nothing against Habbox, what I do hold against Habbox is the what I still believe to be semi-ignorant pricing strategy.

[-:Undertaker:-]

That post is what happened, I just wrote it up and it'll never change because thats exactly what happened with that whole Samovar Saga. On the credits, the majority as shown by screenies all over this forum and by traders on the hotel, they rose and thus the Club sofa and other rares have become worth less in credits.

[AgnesIO]

Undertake, I am not a great believer in saying that experience gives wisdom. However, I have been on Habbo since '03 and over the years Habbox has always been used almost religiously to value rares.

Take for example the Samovar scam one of your ex co-workers set up. I guarantee you that whatever you change a Throne value to it will be worth exactly that.

Habbox does dictate the market. I'm rather shocked you don't appreciate this.

Do you want to know something?

People have claimed we fix values for years. Thats nothing new.

SOmething else I would like to say on behalf of Habbox, as those people who claim it are normally pathetic idiots who have so idea what rare values are.

Not that I am calling you that :angel1:

[Christopher]

I'm glad your not.

However, I am not saying you fix rare values to your own advantage, I foolishly brought up the fact that it had appeared that that had once occured and it has caused us to deviate somewhat.

I am just trying to get you to appreciate:
1. The huge influence Habbox has. Almost a one-way process, almost.
2. Bear in mind scarcity a bit more, Samovars are definetly undervalued.

[-:Undertaker:-]

1) I agree to an extent, people do follow Habbox like a bible but we cannot do anything more to stop this, when I can tell people I do.

2) Russian Samovars are probably undervalued in the great scheme of things, but we can only value on what people are paying.

[AgnesIO]

I'm glad your not.

However, I am not saying you fix rare values to your own advantage, I foolishly brought up the fact that it had appeared that that had once occured and it has caused us to deviate somewhat.

I am just trying to get you to appreciate:
1. The huge influence Habbox has. Almost a one-way process, almost.
2. Bear in mind scarcity a bit more, Samovars are definetly undervalued.

It's not about the amount things are.

It's about what people are paying for. I don't think you understand how the market works. Infact I know you don't.

[Christopher]

It's about what people are paying for. I don't think you understand how the market works. Infact I know you don't.

Please do not try to stipulate my level of ignorance. Don't even try to make out I cannot understand the concept of a market; I've done A Level Economics and I also study Economics at University.

I think Undertaker may be getting my point. My point is that I think your wrong to believe the market influences prices reported on Habbox - except on new releases. I do believe that whatever Habbox labels a rare at whether 2 HC higher than the trading value or not at that current time it will cause the value to rise or fall.

Yes, your the reporters and you do report I am sure. However, I am sure if you inflated the price of a Holoboy to 5 HCs that is how much they would trade for.

[AgnesIO]

Please do not try to stipulate my level of ignorance. Don't even try to make out I cannot understand the concept of a market; I've done A Level Economics and I also study Economics at University.

I think Undertaker may be getting my point. My point is that I think your wrong to believe the market influences prices reported on Habbox - except on new releases. I do believe that whatever Habbox labels a rare at whether 2 HC higher than the trading value or not at that current time it will cause the value to rise or fall.

Yes, your the reporters and you do report I am sure. However, I am sure if you inflated the price of a Holoboy to 5 HCs that is how much they would trade for.

What at habbo university?

If not, then you do not need a ******* degree to understand HABBO.

[-:Undertaker:-]

Please do not try to stipulate my level of ignorance. Don't even try to make out I cannot understand the concept of a market; I've done A Level Economics and I also study Economics at University.

I think Undertaker may be getting my point. My point is that I think your wrong to believe the market influences prices reported on Habbox - except on new releases. I do believe that whatever Habbox labels a rare at whether 2 HC higher than the trading value or not at that current time it will cause the value to rise or fall.

Yes, your the reporters and you do report I am sure. However, I am sure if you inflated the price of a Holoboy to 5 HCs that is how much they would trade for.

On the last part; yes those who follow Habbox as a bible may do a few trades at that if we did put the Holopod at an inflated price of which it was not traded for - but we won't, and we never will. Habbox does not have complete control as I have been saying, otherwise rares would never ever move from their present values, they would stay exactly the same.