Unpopular opinion: Now that I've had time to think about it, the deposit has no truly negative effect, other than making it impossible to trade and sell to specific people.
Think about it. At any point at time IF you were to sort all the items on the market into two columns
1) something that will definitely sell,
AND
2)something that will definitely not sell,
which column would have more items than the other?
I would say without a doubt #2
Sure there's a 3rd group of items that may or may not sell depending on who sees them, but that group is so small compared to the majority of items on the market.
The experience of the market is sifting through pages and pages of crap listed for high prices or pages of things I might consider buying but listed too high. That is a majority of the market in a nutshell. Sifting through things in those two categories to find the thing you want to buy for a reasonable price.
The forced deposit will do two things.
Decrease the listing of crap at high prices
Decrease the listing of desired items at high prices.
Yes, the total number of items on the market will decrease overall, but the people who list things at prices that "actually sell" will continue to do so because they understand what sells for what price
This addition will force more players to learn what sells or stop selling, which will help the market have a higher percentage of sellable items at any one time.
It makes it harder for people to take advantage of the market, to make more maana off of people than they should.
If you sell desirable items at a cheap price, you will still earn maana, despite the deposit.
So many people list items for the amount of maana they wish they could make off of it. Now they need to start listing items for the amount they know someone is willing to pay for it (I have an idea for a new forum topic that could help this process and help sellers know what to list at).
Before, only buyers experienced risk in the market, risk of losing an item they wanted in a bidding war.
Now, sellers experience a risk where they didn't before. Honestly, as a formative buyer, who spends way more in the market than making maana off it, this makes it possible to be a buyer's market all year instead of only at the end of exploration events.
The one side effect that will affect some players negatively is they won't understand the new system or don't read the updates and will lose huge amounts of maana as a result of beemoov not communicating the change properly.
Beemoov should've done what they did with the quarantine gifts and sent everybody a private message about the market change and point to the forum post for deeper explanation.
And they need a deeper explanation with examples to demonstrate the market changes
If there's significantly fewer pages on the market, it doesn't mean the market is dying. There'll be less pages of crap, but also if more items are listed at affordable prices then all items spend less time on the market. So the pages of the market will be even less BECAUSE more of the things posted on the market are selling than they were before.
100s of pages of nothing that sells is a dead market
less than 20 pages would mean most things getting put on the market are selling ASAP
***
EDIT:
OH and I just realized ONE lone benefit from having an hour of "bid only" before buy it now.
It makes it possible for people who list the item first to sell for their BIN price, before people try to instantly post to undersell them,
like what happens every day with bindle items. Someone posts for 40 BIN, five minutes later someone posts a BIN for 35, ten minutes later a new person posts for 30 BIN and only the 30 BIN sells before someone undersells the others again.
Because of the wait period for BIN, the people who post the items first will be more likely to sell because anyone posting after them will have to wait longer before someone can "buy it now"
They also won't know if the BIN is cheaper or not until the waiting period is up, so they won't know if they want to wait and see the "bid only" items' BIN prices or just buy the ones they can already "buy now"
Last edited by brokenendings (04/22/2020 at 23:26)