Why did MM fall out of favour? Actual sales history is more reliable then listed prices.

I didnt vote because I use both. Each has their purpose. Each is better at times.

MM only takes into account the guilds you are in.
TTC is global.
MM reacts to trends faster than TTC
TTC is more consistant

I give the edge to TTC because with TTC you dont have to waste time looking in every guild shop for *that one item*. You go to TTC website and look for where it is and the best price for it is.

When asked for a PC I show both.

No, mainly because it seems all platforms are experiencing deflation.

So while I believe it could possibly play a small role, it is not the reason deflation is happening .

1 word is the reason for the deflation. Housing. Alot of gold was pulled out of the market and just disappeared when housing dropped. I imagine prices will bottom out and then slowly rise as more gold is generated.

Aging markets deflate - that's a fact of life.

We still see some commodities spike, for example when Housing came out.

But as a general rule prices fall over time.

All The Best

Taylor_MB wrote: »

Why did MM fall out of favour? Actual sales history is more reliable then listed prices.

I only use MM.

Market crash is due to housing. Everyone wants those houses and to get them you need gold. Item sales are a fast track to get that gold. If the item isnt selling fast enough, then the price gets dropped.

Housing. The answer is Housing.

nothing like MM nor any other price listings should exist!
it is causing downgrade in sales and has always caused fights and problems in zone chat.
i hope they get rid of these types of programs.
i hate them!

dwemer_paleologist wrote: »

nothing like MM nor any other price listings should exist!
it is causing downgrade in sales and has always caused fights and problems in zone chat.
i hope they get rid of these types of programs.
i hate them!

I disagree. MM is perfect for understanding what things have recently sold for. This information is provided by the game. The add-on organizes it and presents it. The scope of the tool is small, limited to the player's guilds. It is an information tool it forces people to do nothing. Players can list at whatever price they want, and smart players check prices before posting, just to be sure. MM is more accurate than TTC, but it still needs to be checked, especially on volatile or rare items.

dwemer_paleologist wrote: »

ill give example:

[Temper Alloy] MM suggested price 2,487,312, sales [18]

that is the typical note people see in zone chat, it can not only be changed to show the price YOU want others to think it is sold for but also used as a type of Proof and evidence that the price YOU want is given as a Standard of the current market.

it is used as a trolling method and also abuse of others trying to sell items at a price that you dont like.
when allowed to be used in zone chat it makes it a weapon and a problem for people who are not in trade guilds and only have zone chat as a sales method.

In the attitude behind that, I agree. This can be used to troll. But the opposition of that is to keep people from ripping off newbs or scaring them off because they cant yet see having that much gold.

I like the TTC website when I'm looking for one particular thing and want to start at the lowest price sighted. That's not bad. It's in the same spirit as gas price apps.

But when listing, I prefer looking at the 30 day trends on MM and pricing accordingly.

So they're really for different things. TTC for the buy side, and MM for the sell side.
ESO is presently in a buy side market, fueled by a lot of new sellers trying to make money for Homestead and a lot of new material generated from the Thieves Guild event.

None of this is gospel though. There will always be outliers. But sales need to move out of zone chat into their own channel. It's really the best way to ignore that many people without adding them to a list.

Also I love how this forum topic, just like in zone chat, turned into a debate of MM vs. TTC

Cathexis wrote: »

Uhhhh ya. Duh. How is this a poll?

Is the sky blue? Yes/No
Is grass green? Yes/No

This poll reflects denial more than the reality.
This is players with large inventories just wanting to liquidate for short term gains.

again I dont follow.... wouldnt it be to their advantage to drive UP the prices. If they want to sell low they can do that anytime they want.

cspinasdf wrote: »

If you look at your listed items and relog it'll relist them on the website multiple times. If your the lowest listed itll drive down the ttc suggested price. We've all seen the deflation lately and think this may play a part in it.

I do not know what the term "delation" means and on the attempt to google it, I still do not get it. But here are my thoughts on TTC:

I do not use the addon but on occasion will use its website. I do like the convenience of it as you can find items fast Buuttt, I would way more prefer if NO ONE had access to that kind of power. I mean ESOs whole guild merchant system was in partly to prevent that kind of thing with not some dumb auction-house with every item in some laggy zone. It made it more realistic too and fun traveling out to the middle of no where to find some old guild shop with a couple of neat items that might interest you. Not to mention if you needed something such as Hemming or Pitch that has become a lot more rarer due to homestead update and TTC you can just go manually to each zone searching every shop you have discovered. Sure it was more time consuming but I guarantee one of those shops would have what you need for a lot cheaper than you can find it now a days. TTC only furthers the monopoly mentality the rich players and well known trading guild buy out all the stacks of everything cheap then relist it for outrageous prices. That is why mainly everything I get at least mats I earn myself or team up with friends to go get it. Like rakeipas for example used in many house lightings is easy to get if you buy 100 lv 1 flame glyphs for a total of 3,000 coins on a lv1 char on your account then bank em and on your max lv enchanter decon them all and its around 20-25 rakeipas.for that price. So anything thats way over priced you can always get it your self the long way by figuring out how its acquired or trading with players or asking in /z chat. I mean that is a whole lot easier than paying a rich fat man 100k you earned over a few days for some crappy item he bought and resold for profit.

So yeah I did not answer the poll because I did not know the word you used's meaning. But yeah I really do HATE ttc.

Everyone is on the search for the best deal. Buy low, sell high. You'll have people buy things at the lowest that they can find them, and sell at a high price, or the suggested price. the lower they buy the item at, the lower the aggregate sale price will be for the reported item, and thus the recommended sales price goes down slightly as a result. rinse and repeat over a long period of time and you get your deflating prices.

Housing introduced a large volume of these items which were sold very cheaply by more casual players for a quick profit. Merchants would see this, buy up those low priced items and try to sell at the current price or try to undercut the market, which would incidentally begin reducing the suggested price for each sale under the current suggested price. As the volume of low trades were much higher during housing, it resulted in the more visible 'crash'.