Price Suggestion
Cloud 9 Madame Dixie
Submitted by juicy brewsy
~51 keys
cloud 9
Unusual Madame Dixie Cloud 9
41 votes up
14 votes down
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This suggestion was closed by [GIRL] Mr. Bucket.

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Comments

Madame Dixie, You Look Lovely Tonight


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Only dixie on Outpost (at the time) sold

http://www.tf2outpost.com/trade/12853932 - 3 buds (TaeTae's comment. Check hat's history. Trade occured)


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For all People who don't believe this should pass because of one sale -.-:


Checked through loads of new hats. Many were accepted with one sale.


http://backpack.tf/vote/id/51ed2a61ba2536306000000b

http://backpack.tf/vote/id/520349034bd7b8f24400000e

http://backpack.tf/vote/id/51f9a32aba25361468000007

http://backpack.tf/vote/id/51e8551eba25368053000001

http://backpack.tf/vote/id/51eec530ba2536f66d00000e


There are LOTS MORE on bp.tf. This is like 5% of all the othe suggestions accepted with one sale. I have proven my point, so why complain about my suggestion?


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There Ya Go!

Please give me feedback! :D

Criticism is welcome! :3

    Copy pasta from Blind Polar Bear on another suggestion. ( http://backpack.tf/vote/id/520b01d3ba25368b60000017 )


    "Aaaand this is why I don't like pricing based on 1 sale. Sunbeams mining light is 1 of 1 at 5.2, phosphorus is 1 of 2 at 4. Are we saying that the scorching is worth only 3?


    We are trying to accurately price unusuals and a single sale (n=1) just doesn't provide us with enough data to price this. The previous seller took the first offer he had.


    I can't get myself to accept this, but if another mod feels strongly enough about it to go with the positive community votes, then so be it. I'll just request that you make future unusual suggestions based on at least 2 sales. Thanks!" - Blind Polar Bear


    Listen to da bear.

      thanks for feedback, but note that this one was the only one on outpost!

        You completely missed the point that you should wait for more than one sale to make a price on it.

          Once again thankyou for you help suggestion, but I've seen many other suggestions that have passed with just one proof (unusuals that is).

          and how many times havent we done suggestions based on one sale? i myself doesnt care. if the hat sell, it does. if the hat doesnt sell, its overpriced.


          what he basicly says there is where the effects normally are, therefore is saying his opinion matters more than actual sales.


          ive upvoted this. its a sale. thats all i care for

            Thankyou for your support and feeback! :D

              Except one-sale doesn't represent the market, which is the issue.


              One sale just shows that a buyer was willing to pay far more than any other buyer, or a seller was willing to take far less than any other seller. Outliers do happen quite often, and when theres only one sale theres no way to tell whether or not its an outlier. Thats one of the reasons why a lot of hats end up being priced quite low. People are unsure what they can get, so they sell it quite low that way they don't risk getting screwed as more get unboxed. Unfortunately this isn't always the case, and those sales are often quicksells, which bp.tf deems to be normal sales, and thats the new price.

                If everyone is so serious about one sale. just let this price be the price because of this sale, and when other sales occur, I assure a new suggestion.

                  But thats the problem, the first price often affects the price that newer traders ask for and are willing to accept, which leads to the hat constantly selling for that lower price.

                  it represents the market at that time yes. take for example the secret brown bomber. 4 people tried to price it over the course of like 7 months. and always got told to wait for it to sell.

                  and when it did. everyone agreed to it.

                  it took 7 months to get an offer he liked. which to me is textbook outlier. yet it got accepted very fast and noone cared further.

                  same goes for collectors paying riddiculous amounts to get a hat which rarely goes on the market. and gets the price based on it. even though its an obvious outlier because sales happen very rarely.


                  so basing out of that, he seems to be a collector. he bought the only one. he paid a price which can be tracked. im upvoting this still. sales are sales, and there's nothing to imply its an outlier by any other standard than the mentioned ones

                    BUT, theres a difference. Those hats have stabalized. They have a place in this market. The new effects, and the new hats don't. When backpack.tf puts a price on a new unusual too early it ends up controlling the market.


                    I can't remeber which hat it was, but a hat was constantly getting offers in the 3 bud range. A sale occurred at 2.4, and the price was set to 2.4-3 buds. Then, after that price was set the owner who was getting the 3 bud offers suddenly stopped getting 3 bud offers, and could barely could offered 2.5. Ultimately he ended up selling it for 2.5 buds because he couldn't get more.


                    The problem is new items don't have a place in the market, so when backpack.tf puts a price on it, it controls the offers it gets since people don't have a clue how to value it, so they rely on backpack.tf. If a price is set too soon on a new hat, backpack.tf tends to control the market.

                      Checked through loads of new hats. Many were accepted with one sale.


                      http://backpack.tf/vote/id/51ed2a61ba2536306000000b

                      http://backpack.tf/vote/id/520349034bd7b8f24400000e

                      http://backpack.tf/vote/id/51f9a32aba25361468000007

                      http://backpack.tf/vote/id/51e8551eba25368053000001

                      http://backpack.tf/vote/id/51eec530ba2536f66d00000e


                      There are LOTS MORE on bp.tf. This is like 5% of all the other suggestions accepted with one sale. I have proven my point, so why complain about my suggestion?

                    Countless suggestions based on a single sale. But what we are finding on these new effects is that the first sale of the hat is frequently not representative of what the hat subsequently sells for. Requiring 2 hats to establish a range (something we are actively discussing) would avoid that issue.

                      then when you have 2 sales, one happen at 2 buds, one happen at 5 buds. which is the outlier then? both sold fast so it either only has lowball offers or offers of the sold price.

                      how can you tell which is the outlier without being objective about the matter?

                  That's not a rule.

                    FINALLY. Another person who understands. Thankyou for your support. :D

                I'll affirm my comment there and say it again here. Even on a 1 of 1 hat, I request that you make future unusual suggestions based on at least 2 sales.


                I wouldn't feel as bad accepting this since it has other offers and it sold for pure and it seems to fit in line with other dixies. But you can never tell what an outlier is based on a single sale.

                  thanks for the feedback!

                    Again, sorry for the confusion and all the spam you have received cause of my comment. I don't have a problem with this suggestion and actually feel like this is close to representative of its value. I just request that in the future you wait until 2 sales have happened. It makes things better for the community to have a larger sample to work with

                        No no. Again, like I said. I feel like your value is probably close to what it is. This is just something we are trying to move away from. I will let another mod evaluate this.

            I can't bear to read all these comments.


            Just a little play on words to lighten the mood...

              Lmao xD. I know how you feel...

              We are now enforcing a new policy for unusuals. To create a price suggestion, a minimum of two sales are needed to create a range.

              For more information, you can read about it on the forums:

              http://forums.backpack.tf/index.php?/topic/3306-new-rules-regarding-unusual-suggestions-please-read/