[LN] Values - 07/04/2009

[Lee.Norman]

And several were saying it shouldnt be increased.
It started high. Dropped, and dropped until it hit about 9 to 12CS. And ended up levelling out at 12-14CS. And it was valued at 12CS, based on peoples reports.
It then got reported that one person (you i think), who saw it for about 14/15. And Undertaker saw it at 19, with two others offering 18 for it. But you even said, that you thought that was a one off, and it isnt really that high. And its about right as it is.

But BAM! Up it goes, from 12 to 15. And now its caused a chain reaction, which has increased it further.

Like I said originally. I have 38 trades, all recorded. Over a week. From two days before it went to 15CS. And I saw not one trade of over 15CS. I only saw two trades that were 14. So how could it possible justify an increase of 3HC!?

Unless someone is gaining from it personally. Or thinks that it WILL be worth that much, and therefore increased it on a prediction. Not a fact. Which is wrong!

[JACKTARD]

yeah i've just looked back and i didnt see them being traded for the higher amounts until just after the increase to 15hcs, (appart from the odd one) I still think it should have increase slightly, maybe to 13hc and then see where it went from there because they were selling for slightly more sometimes. I dont think it should have been increased by 3hcs in one go, as i said in my last post.

[Lee.Norman]

Exactly what Im getting at. There was the extremely rare occassion, when someone would pay a stupid amount for it. Maybe they just didnt know its value. MAYBE someone crazy person, doesnt use Habbox values like I dont

It just seems that it came from nowhere, and despite what anyone says. It has lead to this huge increase. It does make people think different, and they pay more, expecting it to increase and sell for even more. And some people might now lose out, hugely, because they arent experienced traders.

My point was, and still is. It wasnt being traded at 15CS regularly. Only on a rare occassion. So how can it possible warrant increasing the value to 15CS! It cant. Values are, and always will be based on trades that have happened. So somewhere along the line, something went wrong. Maybe wires got crossed. Maybe someone influenced this change for their personal benefit. I dont know. But it definately shouldnt have happened, and has now affected the trading of this rare, which is irreversible.

[-:Undertaker:-]

I myself had seen people desperate for them when habbox had them valued at around 12.0 CS, so whoever you are aiming the blame at I can back up as I have seen a steady increase in demand for them before they were updated on Habbox and then I saw the 19.0 CS auction, which I then proceeded to raise concern over and it was discussed and updated.

[JACKTARD]

Yeah i think it should have increased slowly, which would have meant this wouldnt have happened. It was only after one person said that it needed changing then another saying 15hc MAX that Jake 'updated' the rare.

[Lee.Norman]

Yeh 15HC MAX! coz thats what it was trading for at a maximum, excluding the rare occassion.

And Undertaker, so like i said. YOU see a few trades. They go up! Hmm. No-one else actually backed this up. Most people said it was very slightly higher than what it was already valued at. Yet you claim to see several trades about 6 or 7 HCs higher. Funny that.

[-:Undertaker:-]

Oh so it is aimed at me!, well no worries as I have just PM'd management. I raised alert over the rare being possibly underpriced and so it was discussed, Jake took the decision to update it with consultation with other staff members in that thread.

I do claim to of seen 6/7 CS higher because I saw it in a full room in which an auction took place. The past few days before that I had noticed increased demand for them, so when I saw the 19 CS trade I took the decision to let it be discussed in the inaccurate valueas thread, which is the point of the thread.

Rare Values Management have been notified so don't worry, but i'm not going to reply to this any futher as I know where it has led in the past.

[Lee.Norman]

Lol. I know RV management have been notified. Shame several people got in their before you did.

[elcarz]

People need to start understand, habbox rare value isn't a GURU TRADER HANDBOOK

Cherry icm is a very accepted super rare, probably all habbo want to have 1.

In my personal opinion cherry icm is undervalued in habbox.

Today screen:




*That isnt a report*

On that super people is paying 25-30-35-37 hc now

Just an opinion & sorry 4 my bad english

[Lee.Norman]

I know it isnt. But people do treat it as like the trading bible. And some people know that, and use it to their advantage.

And I am now well aware that the value has increased hugely. But it wasnt that high before. It changed AFTER Habbox adjusted the value. It was trading very regularly at 12-14CS. Habbox changed it to 15CS, and everyone goes nuts. Coz people trust Habbox and are now expecting it to increase a lot. So they wont sell them. Which means people offer more. BUT, as I said. It wasnt trading anywhere near this high, before Habbox altered the value. Its now irreversible. But Habbox were the cause of the huge increase in value. Like it or not.

They didnt record its value. They caused it.