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RE: 30+ STATS REGARDING BID MARKET
Overpriced bids will be healthy for the sm market and sellers, but not bidder and peakmonsters. You are trying to attract more users to peakmonsters. Also, you discourage bidders with overpriced.
Overpriced?
What do you consider overpriced?
I don't understand why sellers would ever list a card below the DEC value. I think it could be perhaps considered bad to hope a seller is uneducated enough to list a card below DEC value. Some may see it as preying on the ignorance of others.
All i'm saying is that bids is probably best served to operate between DEC value and list value. Spreads can still be large... but healthy markets do tend to have smaller spreads.
Also note DEC value does fluctuate depending on steem and DEC values.
Overpriced? i mean bids price. i think, yesterday Overpriced for most bids. It is not good for bid market.
i think most sellers are so smart because they selling some cards below market price. But if we calculate, they sold they are cards for above DEC value.
Sorry you're gonna have to elaborate i'm kind of lost. Or someone else can translate.
Let's look at it this way... if sellers aren't willing to sell for the price a bidder puts down then it's far from overpriced.
And in most markets small spreads are very much the sign of a healthy market... so i'm still kind of lost as to what you mean.
@nealmcspadden what do you think?
This is crazy talk.
Like you said @jarvie the DEC value of a card will form a floor on the market value of a card. Because why would a seller trade a card for less USD than they could get by just converting it to DEC? There are some transaction costs in there, but the market takes 5% anyways, which would be more than the transaction costs.
Complaining that market prices are higher than the DEC value is just that. Complaining.
Yes. I am trying to say, selling is profitable than card burning.