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Bids On Guild Traders - Non-Refundable?
I was watching the Update 3 Preview Video and I noticed the UI for bidding on the Guild Traders that will be available throughout Tamriel.
The UI states:
NOTE: Placed bids are final and cannot be refunded.
I can imagine that the WINNING bid, for the use of the trader would NOT be refunded.
What about those guilds that did NOT win the bid? Is that bid refunded or is it lost?
I can imagine that the bidding for these Traders can and WILL get quite expensive. As noted in the screen-shot, if I had placed a 500k gold bid for the use of the trader and I DIDN'T win it...losing 500k gold would make me NEVER use it again.
You can bet that there are guilds out there with millions of gold in their guild banks and can easily place a bid of this kind of magnitude.
The UI states:
NOTE: Placed bids are final and cannot be refunded.
I can imagine that the WINNING bid, for the use of the trader would NOT be refunded.
What about those guilds that did NOT win the bid? Is that bid refunded or is it lost?
I can imagine that the bidding for these Traders can and WILL get quite expensive. As noted in the screen-shot, if I had placed a 500k gold bid for the use of the trader and I DIDN'T win it...losing 500k gold would make me NEVER use it again.
You can bet that there are guilds out there with millions of gold in their guild banks and can easily place a bid of this kind of magnitude.
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NadiusMaximus✭✭✭✭✭Games get to to be a giant gold sink.
Makes new players look and say f it I won't bother because the players that have been here have such an advantage it's pointless.2 -
emeraldbay✭✭✭✭✭You don't actually pay the gold unless you win. That's how all auctions work.-T h e - A l d m e r i - I n i t i a t i v e-— O r d e r - o f - t h e - R a v y n —5 -
ItsGlaive✭✭✭✭✭
✭Yep the money should come back to you if you lose. I'd assume this tooltip means you're money is earmarked for the duration of the bidding process and you can't 'top it up' a day or two later.Allow cross-platform transfers and merges5 -
Is the highest bid not displayed so you can determine what your bid will be or is it just a guessing game on how much to bid ?2 -
AlexDougherty✭✭✭✭✭
✭✭darkmadman187 wrote: »Is the highest bid not displayed so you can determine what your bid will be or is it just a guessing game on how much to bid ?
If they showed the highest bid you would get people bidding at the last second of the Highest + 10%. They will be avoiding this gazumping by keeping the bids secret, you bid what you think you can get it for, and hope.People believe what they either want to be true or what they are afraid is true!
Wizard's first rule
Passion rules reason
Wizard's third rule
Mind what people Do, not what they say, for actions betray a lie.
Wizard's fifth rule
Willfully turning aside from the truth is treason to one's self
Wizard's tenth rule4 -
This also presents another problem. You could miss out on your first try of 400k lets say then next time bid 500k but the nearest bidder was 100k seems like a big waste of gold. But I guess it does stop the bad last second bidding.1
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AlexDougherty✭✭✭✭✭
✭✭darkmadman187 wrote: »This also presents another problem. You could miss out on your first try of 400k lets say then next time bid 500k but the nearest bidder was 100k seems like a big waste of gold. But I guess it does stop the bad last second bidding.
Yes, but if they showed what the bids were, then someone would make an addon which bids at the last second, like they do with amazon.
This way it's all down to judgement and luck, no way anyone can automate the bidding, which has got to be the better option IMHO.People believe what they either want to be true or what they are afraid is true!
Wizard's first rule
Passion rules reason
Wizard's third rule
Mind what people Do, not what they say, for actions betray a lie.
Wizard's fifth rule
Willfully turning aside from the truth is treason to one's self
Wizard's tenth rule2 -
Alphashado✭✭✭✭✭
✭✭I am guessing that "cannot be refunded" means that once a bid is placed, you can't get a refund until the auction is over. The wording is slightly misleading though.
I doubt ZoS would be so bold as to keep all the bids as a gold sink. That would incite a riot.9 -
Aggelos✭✭✭It would definitely make people think about how much they really want that guild kiosk if they did that. I'm actually OK with this because any that are not bid on will be up for grabs at a flat rate. Just need to get there first. Conversely people might be able to get it a lot cheaper then they thought since they wont bid as much for fear of losing the gold.Aggelos
Founder of Dungeon Crawler Network & Main Host of Tales of Tamriel
Dungeon Crawler Network|RSS Feed|Youtube|iTunes|Stitcher Radio|Facebook|Tales of Tamriel Twitter|Dungeon Crawler Network Twitter|Google+0 -
Sapphy24✭✭✭NadiusMaximus wrote: »Games get to to be a giant gold sink.
Makes new players look and say f it I won't bother because the players that have been here have such an advantage it's pointless.
I have to agree.
To see the gold lvls of players and what you are expected to pay can be a factor in whether you play or not.
I left another game purely on the in game costs involved to play which in the long run was worse that having a full time job.2 -
Focus23✭✭The only thing I'm still wondering about is if my guild was established in the Ebonheart Pact can I bid on a kiosk in the Aldmeri Dominion? If so, does that also mean that only characters in the Aldmeri Dominion are able to purchase from that kiosk or can characters from all alliances access my guild's kiosk regardless of its location in Tamriel?Edited by Focus23 on July 17, 2014 8:33PM@Focus23 | NA Trade GMElder Scrolls Exchange | Red Nirn Reserve | Dead Nirn Dealers | Direnni Dynasty0 -
Holycannoli✭✭✭✭✭
✭✭It probably means that means bids cannot be cancelled once placed. It doesn't mean you don't get the money back if you lose. No way.0 -
Asgari✭✭✭✭✭
✭✭You would have to win to pay. Just like others have stated.Formerly @Persian_Princess .. Now @Asgari
Princess Asgari | Sorc
Asgari | NB
-Asgari | Stamplar
Ariana Kishi | DK | True Liberator of Haderus
Banner Down!
No Mercy
Youtube: Asgari1 -
Cuyler✭✭✭✭✭
✭Does anyone have gold in their guild bank? My guild doesn't have an option to store gold. Am I missing something?Guild: STACK n BURN (gm) PC - NA
CP 810 18 Maxed Characters:
"How hard can u guar?" - Rafishul[/spoiler]0 -
glak✭✭✭
Yes. The auction and guild bank gold functionality will be in place when update 1.3 comes out. I have not heard whether guilds will get gold in their banks retroactively from past sales, but that would be too hard for ZOS to implement.Does anyone have gold in their guild bank? My guild doesn't have an option to store gold. Am I missing something?2 -
spoqster✭✭✭✭✭Do you guys understand the point of this new auctioning system they are planning? Why not make all guild stores accessible to everyone? What's the downside to that?
My main concern as a player buying in a guild store is that I want to find stuff from my level. In a 500 player guild store - no matter if it is privately accessible or publicly accessible - there is just not enough stuff from my level. As far as I understand, this system won't change that.
A good economy is based around goods, if there are enough goods, buyers will come. Consider ebay. It works great because there are so many goods and so many buyers. But the buyers come because there are so many goods.
By making single guild stores available to the general public, ZOS is increasing the number of buyers, but not the amount of goods. The great problem of the ZOS economy is that there is so much stuff out there and nobody has access to it because it's all traded privately.1 -
babylon✭✭✭✭✭
✭✭I think it would be better for several guilds (rather than just one) to be listed at these kiosks, with a dropdown menu to select which guild you want to browse.3 -
wrlifeboil✭✭✭✭✭Siliconhobbit_ESO wrote: »I was watching the Update 3 Preview Video and I noticed the UI for bidding on the Guild Traders that will be available throughout Tamriel.
The UI states:
NOTE: Placed bids are final and cannot be refunded.
I can imagine that the WINNING bid, for the use of the trader would NOT be refunded.
What about those guilds that did NOT win the bid? Is that bid refunded or is it lost?
I can imagine that the bidding for these Traders can and WILL get quite expensive. As noted in the screen-shot, if I had placed a 500k gold bid for the use of the trader and I DIDN'T win it...losing 500k gold would make me NEVER use it again.
You can bet that there are guilds out there with millions of gold in their guild banks and can easily place a bid of this kind of magnitude.
Like others have said, if this is supposed to be a gold sink then nonrefundable bids make perfect sense. It's too bad that other criteria couldn't be used in addition to just buying a market slot.0 -
demonlkojipub19_ESO✭✭✭✭✭This system is nothing but a way for your guild to waste gold. Immagine you did bid 500k and win what if you dont sell 500k worth of goods in that time period. Wasted if you win, wasted if you lose. And when those traders sell your stuff, is that stuff taxed like it is with guild store?
If bids arent returned to the losers at the end of the bid, this would be one terrible system.Edited by demonlkojipub19_ESO on July 21, 2014 11:20AM0 -
babylon✭✭✭✭✭
✭✭demonlkojipub19_ESO wrote: »This system is nothing but a way for your guild to waste gold. Immagine you did bid 500k and win what if you dont sell 500k worth of goods in that time period. Wasted if you win, wasted if you lose. And when those traders sell your stuff, is that stuff taxed like it is with guild store?
Given that the kiosks are confined to one area/town and a guild can only have one, with them lasting 7 days...I don't see how 500k can be made back for the guild...unless all they sold was purple recipes.
Maybe we'll see a goldfarmer guild moving their stuff at these kiosks
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wrlifeboil✭✭✭✭✭demonlkojipub19_ESO wrote: »This system is nothing but a way for your guild to waste gold. Immagine you did bid 500k and win what if you dont sell 500k worth of goods in that time period. Wasted if you win, wasted if you lose. And when those traders sell your stuff, is that stuff taxed like it is with guild store?
Given that the kiosks are confined to one area/town and a guild can only have one, with them lasting 7 days...I don't see how 500k can be made back for the guild...unless all they sold was purple recipes.
Maybe we'll see a goldfarmer guild moving their stuff at these kiosks
Are there even gold sellers in eso anymore? I haven't seen any adverts in chat or mail lately.
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babylon✭✭✭✭✭
✭✭wrlifeboil wrote: »demonlkojipub19_ESO wrote: »This system is nothing but a way for your guild to waste gold. Immagine you did bid 500k and win what if you dont sell 500k worth of goods in that time period. Wasted if you win, wasted if you lose. And when those traders sell your stuff, is that stuff taxed like it is with guild store?
Given that the kiosks are confined to one area/town and a guild can only have one, with them lasting 7 days...I don't see how 500k can be made back for the guild...unless all they sold was purple recipes.
Maybe we'll see a goldfarmer guild moving their stuff at these kiosks
Are there even gold sellers in eso anymore? I haven't seen any adverts in chat or mail lately.
Haven't seen them either, but pretty sure they're still active and farming/selling. These kiosks will be ideal for them to move stuff.Edited by babylon on July 21, 2014 11:32AM0 -
stefan.gustavsonb16_ESO✭✭✭✭✭
✭The gold sellers are still active. We just don't see their spam any more. A quick Google search will show you that the usual suspects from April are still at it. The market seems to have slumped for items, but gold is still being sold for real money, and power leveling is offered for stupid amounts of money. For 300 euros you can get your Enchanting skill maxed out...
It's a sick world where people pay other people to play a game for them.
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Sotha_Sil✭✭✭✭✭
✭I disagree with you.
I think this guild system is a big improvement to the economy.
1°) Stimulating the economy by rewarding crafters : make profit with crafting
It will allow active guild and crafters to sell their goods and make money. They get rewarded for making the economy work and that's a very good idea. That's why there needs to be a bid on it. Because we want a guild willing to make profit out of it by offering lots of goods !
Refunding people is not going to stimulate the system but it's going to weaken it.
2°) Improving the economy system by helping the players
It will allow players to get items without being in a guild - it's adding one more trading guild to yours and you can access it everywhere you want.
It's always better than the current system where you need several trading guilds to look for items you need. Although it may not replace those active guilds you interact with.
3°) Strengthening the interaction between players and offering an alternative
It's a first step to a auction house like we see in other mmos but providing a different approach centered on crafting guilds. And I think that's really interesting because it meets both expectations from players liking the ESO system and the MMO players used to AH in others MMOs.
Even though it may not be the most ideal system (to be honest, I don't know what would that be) - imo, it is definitely a step up..KarlosTheGrouch wrote: »Guild trader system like this just sucks... sorry
But if you have a better idea, we would be glad to hear it.
Furthermore, if it "sucks". Does it mean you prefer how things are right now ?
Edited by Sotha_Sil on July 21, 2014 12:35PMRestoration is a perfectly valid school of magic, and don't let anyone tell you otherwise! - Spells and incantations for those with the talent to cast them!2 -
cracker81✭✭✭I would say let others place their goods there as well but have a 25% or 15% with 5 gold transaction fee mark up going to the guild that bought the store.0 -
Jagath✭✭✭emeraldbay wrote: »You don't actually pay the gold unless you win. That's how all auctions work.
This is not true of every game. Some games take the gold once bid to prevent you from removing it before the auction ends if you change your mind. I would think this is the case here since it says gold will not be refunded. If it didn't take it in the first place there would be nothing to refund.2 -
Natjur✭✭✭✭✭
✭Since the trader is across faction on a mega server. That one spot, you will have access to every player in the game. If you are a large trading guild, paying for the prime spot in your factions lowest city (will be a vet city for other factions) would be worth its weight in gold.
Using an add-on that keeps track of guild sales while online, in 6hrs we moved 130 items, averaging 500 gold each (the total was 71,300) and this is just sales within our guild.
If we had a spot that allowed ANYONE to buy from us, I am sure it will be easy to make a lot of guild cash. I can see people paying insane prices for the best spots come the first week, cause once you HAVE the spot, the gold earned from the extra sales should allow you to keep the spot.
It will be interesting if 'losing' bids do not get a refund on a blind bid system.Edited by Natjur on July 21, 2014 8:48PM3 -
shanersimms_ESO✭✭✭Siliconhobbit_ESO wrote: »I was watching the Update 3 Preview Video and I noticed the UI for bidding on the Guild Traders that will be available throughout Tamriel.
The UI states:
NOTE: Placed bids are final and cannot be refunded.
I can imagine that the WINNING bid, for the use of the trader would NOT be refunded.
What about those guilds that did NOT win the bid? Is that bid refunded or is it lost?
I can imagine that the bidding for these Traders can and WILL get quite expensive. As noted in the screen-shot, if I had placed a 500k gold bid for the use of the trader and I DIDN'T win it...losing 500k gold would make me NEVER use it again.
You can bet that there are guilds out there with millions of gold in their guild banks and can easily place a bid of this kind of magnitude.
I see how you might be reading it, but by definition a 'bid' is an offer to part with your currency ONLY if you win. They could perhaps make it a little less ambiguous.
From the way I'm reading it, it means that you can't submit a bid and then cancel it. For example, you bid 2 mil for a spot and then decide 1 mil was probably enough. You can't cancel your 2 mil bid and replace it with a 1 mil bid. If you bid 2 mil, and that bid wins, you are out 2 mil even if next in line only bid 50k.
-Lord Shaszahan the Archmage, of The Septim Bloodline1
