Scope I
said
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S z said :
Original message details are unavailable.
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That's a lot of trades we'd potentially lose :S. Would it be better if they were recorded as the upgrade (e.g. P+100) and then when purple (for example) is upgraded, we use the new purple range to pc the trade? Ofc the hat upgraded-from wouldn't always be updated, but when it is, I'd say using the new, most recent range is good.
My point, which you didn't quote from the original post, was that a phat upgrade/downgrade hardly provides any additional information about the intrinsic value of the item in question. It merely gives information about the spread between phats, which often is a redundancy to a prior price quotation (or even backwards looking in many cases).
For this reason, I think they should be excluded. Currently we are updating phats every 3-5 new trades anyways, so not sure removing the limited number of these "false indications" will result in worse ranges. In fact, I think it would likely lead to *better* ranges.
Great discussion so far, thanks for the input!
An idea that I have been pushing for a long time and will bring up again, because it can't hurt to at least vote on it, is having a one number PC for items above Max GP. I feel that it would be much easier to update because, by weighing the most recent trades most heavily, you can easily arrive at a PC that most of the trades have been around. It also would be easier to update with fewer reports since you don't have to create a high end and a low end as you do with a range. Plus, with only one number, people would be less likely to accuse us of having outdated PCs. As soon as more than one trade is reported outside of the range, we are accused of having an outdated range. With a one number PC, it is simply a rough valuation of what the item was trading for in the recent past.
S z said :
Original message details are unavailable.
Snip
That's a lot of trades we'd potentially lose :S. Would it be better if they were recorded as the upgrade (e.g. P+100) and then when purple (for example) is upgraded, we use the new purple range to pc the trade? Ofc the hat upgraded-from wouldn't always be updated, but when it is, I'd say using the new, most recent range is good.
My point, which you didn't quote from the original post, was that a phat upgrade/downgrade hardly provides any additional information about the intrinsic value of the item in question. It merely gives information about the spread between phats, which often is a redundancy to a prior price quotation (or even backwards looking in many cases).
For this reason, I think they should be excluded. Currently we are updating phats every 3-5 new trades anyways, so not sure removing the limited number of these "false indications" will result in worse ranges. In fact, I think it would likely lead to *better* ranges.
Great discussion so far, thanks for the input!
An idea that I have been pushing for a long time and will bring up again, because it can't hurt to at least vote on it, is having a one number PC for items above Max GP. I feel that it would be much easier to update because, by weighing the most recent trades most heavily, you can easily arrive at a PC that most of the trades have been around. It also would be easier to update with fewer reports since you don't have to create a high end and a low end as you do with a range. Plus, with only one number, people would be less likely to accuse us of having outdated PCs. As soon as more than one trade is reported outside of the range, we are accused of having an outdated range. With a one number PC, it is simply a rough valuation of what the item was trading for in the recent past.
~Hyles~
"The man who acquires the ability to take full possession of his own mind
may take possession of anything else to which he is justly entitled."
may take possession of anything else to which he is justly entitled."
~Andrew Carnegie
03-Apr-2016 23:27:47 - Last edited on 03-Apr-2016 23:38:53 by Hyles
