What's a reserve price for? - Guild Wars Forums

Finkis · Apr 15, 2006, 08:50 PM // 20:50

What's a reserve price for?

Murder In China · Apr 15, 2006, 08:51 PM // 20:51

So lowballers don't get to buy an uber l33t weapon of pwnage for only 1k.

Finkis · Apr 15, 2006, 08:56 PM // 20:56

sry to sound dumb but I still don't understand... What does it do exactly, if the starting price is 1k, and reserve is 10k lets say, wut's that mean?

Murder In China · Apr 15, 2006, 09:03 PM // 21:03

It means buyers have to either bid 10k or higher for the seller to sell the item. The reserve prevents the seller from selling it at a low price (In the seller's opinion).

Finkis · Apr 15, 2006, 09:12 PM // 21:12

ooooic so you mean like, If the bid starts at 2k, but you want at least 10k out of it, it wont count as a sell unless the item hits 10k?

Misc Merik · Apr 15, 2006, 09:14 PM // 21:14

I hate reserve prices. Ive been burned by it several times. Needless to say I dont bid on stuff with reserve prices anymore.

Murder In China · Apr 15, 2006, 09:15 PM // 21:15

Yes.

(5chars)

WiLdFiRe111 · Apr 16, 2006, 04:57 AM // 04:57

I've always wondered what the point is. Why not just have the minimum bid = the reserve price? a waste of time IMO

eSe · Apr 16, 2006, 05:09 AM // 05:09

some ppl like a small s/b to get the auction started and pumped besides it starts bump'n for the saler i really dont mind reserve but i hate when its hidden

Apr 15, 2006, 08:50 PM // 20:50	#1
Finkis Frost Gate Guardian Join Date: Mar 2006 Guild: FaRm Profession: W/Mo	What's a reserve price for? What's a reserve price for?

Apr 15, 2006, 08:51 PM // 20:51	#2
Murder In China Banned Join Date: Sep 2005 Location: /B/Chan Guild: Looking for one Profession: W/	So lowballers don't get to buy an uber l33t weapon of pwnage for only 1k.

Apr 15, 2006, 08:56 PM // 20:56	#3
Finkis Frost Gate Guardian Join Date: Mar 2006 Guild: FaRm Profession: W/Mo	sry to sound dumb but I still don't understand... What does it do exactly, if the starting price is 1k, and reserve is 10k lets say, wut's that mean?

Apr 15, 2006, 09:03 PM // 21:03	#4
Murder In China Banned Join Date: Sep 2005 Location: /B/Chan Guild: Looking for one Profession: W/	It means buyers have to either bid 10k or higher for the seller to sell the item. The reserve prevents the seller from selling it at a low price (In the seller's opinion).

Apr 15, 2006, 09:12 PM // 21:12	#5
Finkis Frost Gate Guardian Join Date: Mar 2006 Guild: FaRm Profession: W/Mo	ooooic so you mean like, If the bid starts at 2k, but you want at least 10k out of it, it wont count as a sell unless the item hits 10k?

Apr 15, 2006, 09:14 PM // 21:14	#6
Misc Merik Frost Gate Guardian Join Date: Jan 2006 Location: America Guild: Fugitives of Kurzick (Fok) Profession: W/	I hate reserve prices. Ive been burned by it several times. Needless to say I dont bid on stuff with reserve prices anymore.

Apr 15, 2006, 09:15 PM // 21:15	#7
Murder In China Banned Join Date: Sep 2005 Location: /B/Chan Guild: Looking for one Profession: W/	Yes. (5chars)

Apr 16, 2006, 04:57 AM // 04:57	#8
WiLdFiRe111 Frost Gate Guardian Join Date: Feb 2006 Location: Melbourne, Australia Guild: [LBS]	I've always wondered what the point is. Why not just have the minimum bid = the reserve price? a waste of time IMO

Apr 16, 2006, 05:09 AM // 05:09	#9
eSe Krytan Explorer Join Date: Jan 2006	some ppl like a small s/b to get the auction started and pumped besides it starts bump'n for the saler i really dont mind reserve but i hate when its hidden