For the past few days I have been trying to update my gear. Each time I lose out on an item and I was disappointed but didn't know why I lost. A good example was what happened today. I was bidding on an Andy's Helm which was at 9 mil with 1 minute left. With 30 seconds I refreshed the browser, and put in a max bid of 15 mil to win it, but it automatically said I didn't reach the max bid amount. I quickly went to bid again at the last second, and it said the bid was still at 9 mil and the only option I had was to type in a max bid again. It was too late to type that many zeros so I lost out and it said the ending bid was 9.3 million. I was pissed! Does that mean if I post a billion max bid, someone has to pass that in order for that 9 mil to go up a cent? Completely perplexed by this situation. Please someone explain!
It sounds like you may not have put in as much as you thought you did (instead put 1,500,000, missing the last 0). Barring some bizarre bug, putting in a bid of 15,000,000, even if unsuccessful in being the winning bid, should have put the current bid at 15,000,000 plus the minimum bid increase value (assuming someone had a max bid in higher than 15 million).
*edit* to explain how the "max bid" situation works:
An item is at 1 million gold bid currently. Someone places a bid for 10 million gold to start it off. The game will now set the current bid at 1 million gold (starting price), but has a hidden "winning" bid of 10 million.
For someone to have the new "winning" bid, they must place a bid higher than the 10 million max. If they fail to do this, and instead place a bid for, say, 5 million, the game will automatically make the new "current" bid at 5 million plus an automatic "rebid" value - usually a percent of the original bid (since the first bidder still has the highest bid, it needs to outbid the 5 million).
When someone finally passes the 10 million mark, either via single bids or via a manual entry, the process begins again until time expires. If no one beats the 10 million mark, that bidder wins. If the last bid was the 5 million bid, the winner will receive a refund for, say, 4.75 million gold in addition to the item (since the current bid was at 5.25 million).
This is also why "sniping" doesn't really exist. It's irrelevant if you place your bid with 10 seconds to go or 10 hours to go - if it's the highest bid it's going to win, end of story.
Again, I believe you may have mis-entered your bid, and therefore did not meet the required value to take over the current or winning bid.
I usaly go overboard when i bid at the last 10 secs. Lets say a item is at bid for 50 mil the last minute, i whait 50 secs and then i put a bid for 500 mil. I will probably win it and get the money i bided in between like the other guy stated.
Thats a nice way too earn gold fast, to snipe items and sell for more. Its easyer then you think. And Legendarys are usaly the best things too snipe beacuse they are easy to sell. For example just got a good echos fury for 12 mil with 1250 dps and 243 strg 70 vital. No crit nor socket. But still a good roll and have good min-max dmg. So that was cheap and i can probably score 40-50 mil on that. So 40 mil~ win just in seconds.
If you are good at this you can just imagine how fast your wealth can grow. But yeah It's kinda risky. There can be a like minded person like you that bided 400 mil on that item when you went 500 mil. So thats bad news. But It havent happend too me yet and I've done it for quite some time. Sooo hope i helped you out a bit on the "snipe" thingy.
Regards Xpire.
Do not bid like this. Seriously, don't. 500mil for some random item you're trying to flip? This is exactly how not to make money, but rather lose a huge amount of gold on something worth a fraction of that.
If you think an item is worth 50 mil, and you want to make a 20% profit, you'd bid 40mil at the end and hope you get it. If someone outbids you, they apparently think they can get more, and that's on them to do. Bidding 500 mil and having some tool bid it up to 75mil means you're out 25mil, unless you can find that guy to buy it off of you for what he wanted.
Actually the AH seems to have a delay of some sort and is not updating properly. If you have a bid on a item and are watching it,and it's getting towards the end of the bid and you search for that item again normally the prices will be way off.
Take for example I was bidding on a Inna's Belt yesterday and with 20 mins left it said it was at 3.2million current bid where my bid was 1.4 mill the last time I bid on it,but if i searched for the item it was actually at 4.9 million lol.
So if your just watching your bid tab most likely the prices are not reflecitng what the item is currently at, So it may say 10million is the current bid so you type in 12.5 million at the last 5 seconds but had you searched for the item in the last 30 seconds you probably would find that it was over 12.5 milion for the current bid.
This has not happend that I am aware of till about the last week or so,it may not be happening to every auction but some are just not being refreshed,the time limit is getting refreshed quite often like it should but the bid ammount are not.
Btw he can't accidently put in the wrong amount as the Ok button will not light up untill you match or exceed the current bid that the window shows. And even when you match or exceed that current bid it is telling you that you are below the minimum bid and not even accepting it.
If your bid goes through and it should if it read 10million and you put 12 million bid then your gold should at least be taken out of your stash and put into the completed tab but it's not even doing that.
Well I'm rich and have alot of gold with this tactic so I'm not sure how you can just call it bad when you havent tryed it yourself (maybe you have) but with bad items that dosnt sell so easily. And the fun thing is. They never go up much in a bid like that.
Most peeps are so stupid that they will just bid 1 more mil when the end is near. EVEN on the 200 mil items that i find quite lol. So yeah It worked for me and the 500 mil one was just over board. It was just to state a point.
Regards Xpire.
Edit : Just took a look at your gear. Dude, i cant even see how you are in a position to even say if something is bad. You have 9k elite kills and probably 400 hours played+ and still have that gear. Not too trash talk or anything but your points are kinda invalid.
Yes, my elite kills is indicative of my knowledge when it comes to auctions and purchasing strategy. No to talk trash or anything, but the fact that you struggle to type without constantly engaging in logical fallacy is pretty indicative of the fact that you're probably not as knowledgable as you try to come off as.
You can keep bidding unreasonable, risky amounts of gold to make a profit - just quit trying to pass it off as gospel, putting others at risk of losing gold they're already strugging to get/make. Those of us who actually know what we're doing will put in a bid at what's going to yield a profit or what we believe an item is worth if we're using it.
Man you guys have so much gold! I only have like 4 mil can't seem to bring myself over that
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Use the search function, enter the exact stats as the item you want and sort by time,..it will show up at near the top,..keep hitting search and the item price will update if there's been a new bid since the last time you hit search,..wait till 10 sec left and bid what your max comfortable bid would be.
Well I'm rich and have alot of gold with this tactic so I'm not sure how you can just call it bad when you havent tryed it yourself (maybe you have) but with bad items that dosnt sell so easily. And the fun thing is. They never go up much in a bid like that.
Most peeps are so stupid that they will just bid 1 more mil when the end is near. EVEN on the 200 mil items that i find quite lol. So yeah It worked for me and the 500 mil one was just over board. It was just to state a point.
Regards Xpire.
Edit : Just took a look at your gear. Dude, i cant even see how you are in a position to even say if something is bad. You have 9k elite kills and probably 400 hours played+ and still have that gear. Not too trash talk or anything but your points are kinda invalid.
Yes, my elite kills is indicative of my knowledge when it comes to auctions and purchasing strategy. No to talk trash or anything, but the fact that you struggle to type without constantly engaging in logical fallacy is pretty indicative of the fact that you're probably not as knowledgable as you try to come off as.
You can keep bidding unreasonable, risky amounts of gold to make a profit - just quit trying to pass it off as gospel, putting others at risk of losing gold they're already strugging to get/make. Those of us who actually know what we're doing will put in a bid at what's going to yield a profit or what we believe an item is worth if we're using it.
Seriously, just stop now.
Still dosnt get away from the fact that your gear is very bad. Stop talk it away. But yeah I'm rich your not. Stop being ignorant and think you are a know it all. Tired of personas like that and you are just.. bleh. But fuck it. Have a fun life and a cheer full girlfriend when you are like that.
Regards Xpire.
A guy with 149 AR on his gear is going to tell me my gear is bad? You're such a terrible troll it isn't funny. I enjoy your ad hominem rebuttals (despite crying loudly when someone does it to you), and your absolute zero knowledge of this game. Maybe with some of your uber gold stock you can upgrade that Act 1 gear and start running with the big dogs.
Regardless of your ginormous or miniscule gearing ePeens...
He's right that overbidding is risky. It may pay off for you, possibly because you don't care as much about the gold as someone else does, but it can bite you in the ass too.
For example:
Item you think you can flip for profit if you get it around 50 mil.
You put in a 200 mil bid because, hey, got lots of gold.
There are two other bidders who do not know you are involved and want the item to equip and get caught in a last-minute bidding war. One of them figures "hey, I'll just bid 100 mil and the other guy will never overbid me" and, all of a sudden the logic you are using to purchase these items suddenly means that you've paid over 100 million for said item because someone else also attempted to overbid. Now you're stuck with an item you overpaid for (because you were never intending to equip it) and to even get your 100 million back you either have to hope someone in trade buys it and makes you whole or sell it on the AH for 15% more.
Trust me, I've run up a few bids like that in my time in D3 just to piss people off. It's realistic. It happens - especially when there are more than 2 people involved in the bidding process, in fact the more people involved the more likely you are to have your bid run up on you. You may not care about it because of your pile of gold, but giving that as a strategy to people who don't have a pile of gold is just asking for them to get fucked on a deal.
Hell, I can see it happen on some of the items I've listed. Out of the blue their bid price will jump 2-5 million gold. Why? Because of overbidding wars.
It works like it does on ebay, and what you describe must either be a bug or a typo (forgot a zero maybe?).
Say there is an item with a bid of 2000
min bid is 2100
if you bid 5000 the bid on the item will go to 2100, and if someone else bids on it you will automatically outbid him/her until your own max bid is reached
Now it is possible that the item shows a bid of 2000, but actually has a max bid of 10000. Then if you bid 5000 you will get a message that you didn't manage to overbid, but the current bid on the item should go up to 5250.
That's exactly how bidding works. I suggest you check out moldran's video on how to ah snipe if haven't already done so. And I believe your case is most likely typo.
But the thing is i dont bid 500 mil as i stated, It was just to prove a point as i stated before. But this guy went... well mad over something i cant clearly understand. But yeah you know exactly what i mean and this guy doesn't. Many peeps use this tactic and have gone very weatlhy. But as you said, some guy that have a hughe pile of gold like 2b+ can do this just for lols. From my experience i usaly buy the items that are in the 10-50 mil range beacuse they usaly go for the pricy ones.
This is just so i feel safer beacuse i kinda went, like you said in a hefty bid war once and that just made me lose alot of gold. So i rather not be that ignorant again just to win a item. But we shoulndt talk about it. This guy will preach about how this isnt good for those with low income. Well what do you know? Those with nothing too play with cant really do much too earn gold cant even go into this. So not sure why hes so mad about it anyways. Its kinda like the Stock brokers, buy low sell high. Easy to understand and easy to do. If you got the money and brains for it. And some items are just.. well quite obvious they will go for alot more then they put it out for.
Regards Xpire.
Edit : Yes the compare gear went quite too far. But this guy just made me mad. Dosnt happend often but this guys is just.. Meh.
I was "mad" even though you admit twice in this post that you were the one who got mad on being called over shit advice. Welcome to ignore.
It sounds like you may not have put in as much as you thought you did (instead put 1,500,000, missing the last 0)
+1
The game doesn't insert commas into the digits, so it's easy to miss a zero or two if you're not paying attention. I do it all the time, but part of it is beecuz eye wuz nowt edumicated verree well when eye wuz aye kidd.
I think i'm missing some huge option in AH..
How do you input you max bid and let the AH outbid other ppl until your max bid is reached??
When you click the "bid" button, a dialog box appears with a space to enter your bid. If you just press "bid" again with no further input, the game will set your bid at whatever the minimum bid increase is (ex: item at 100,000, you press bid, it sets the number at 125,000 - a 25k minimum bid).
To set your own "max bid" amount, you replace the number in that dialog box with whatever number you wish (up to the amount of gold you currently have). BE FOREWARNED: Any amount you enter into that box will be "held" by the AH until you either win the auction, or are outbid - it will not be available for use by you until that time.
I have both at -50. There's a small issue with the AH and last minute bids not being accepted sometimes that is being discussed here, but then these two subjects completely derailed the thread with a stupid discussion about a stupid bidding technique.
Not that it's entirely justified anyway, but the original point of the thread had already been dealt with and was over, so nothing really got derailed. The silver lining is that it's done and will never happen with this particular person in the future!
PS, you're engaging in exactly what you're complaining about.
*edit* to explain how the "max bid" situation works:
An item is at 1 million gold bid currently. Someone places a bid for 10 million gold to start it off. The game will now set the current bid at 1 million gold (starting price), but has a hidden "winning" bid of 10 million.
For someone to have the new "winning" bid, they must place a bid higher than the 10 million max. If they fail to do this, and instead place a bid for, say, 5 million, the game will automatically make the new "current" bid at 5 million plus an automatic "rebid" value - usually a percent of the original bid (since the first bidder still has the highest bid, it needs to outbid the 5 million).
When someone finally passes the 10 million mark, either via single bids or via a manual entry, the process begins again until time expires. If no one beats the 10 million mark, that bidder wins. If the last bid was the 5 million bid, the winner will receive a refund for, say, 4.75 million gold in addition to the item (since the current bid was at 5.25 million).
This is also why "sniping" doesn't really exist. It's irrelevant if you place your bid with 10 seconds to go or 10 hours to go - if it's the highest bid it's going to win, end of story.
Again, I believe you may have mis-entered your bid, and therefore did not meet the required value to take over the current or winning bid.
Do not bid like this. Seriously, don't. 500mil for some random item you're trying to flip? This is exactly how not to make money, but rather lose a huge amount of gold on something worth a fraction of that.
If you think an item is worth 50 mil, and you want to make a 20% profit, you'd bid 40mil at the end and hope you get it. If someone outbids you, they apparently think they can get more, and that's on them to do. Bidding 500 mil and having some tool bid it up to 75mil means you're out 25mil, unless you can find that guy to buy it off of you for what he wanted.
Bad advice is bad.
*edit* speelingz
Take for example I was bidding on a Inna's Belt yesterday and with 20 mins left it said it was at 3.2million current bid where my bid was 1.4 mill the last time I bid on it,but if i searched for the item it was actually at 4.9 million lol.
So if your just watching your bid tab most likely the prices are not reflecitng what the item is currently at, So it may say 10million is the current bid so you type in 12.5 million at the last 5 seconds but had you searched for the item in the last 30 seconds you probably would find that it was over 12.5 milion for the current bid.
This has not happend that I am aware of till about the last week or so,it may not be happening to every auction but some are just not being refreshed,the time limit is getting refreshed quite often like it should but the bid ammount are not.
Btw he can't accidently put in the wrong amount as the Ok button will not light up untill you match or exceed the current bid that the window shows. And even when you match or exceed that current bid it is telling you that you are below the minimum bid and not even accepting it.
If your bid goes through and it should if it read 10million and you put 12 million bid then your gold should at least be taken out of your stash and put into the completed tab but it's not even doing that.
Yes, my elite kills is indicative of my knowledge when it comes to auctions and purchasing strategy. No to talk trash or anything, but the fact that you struggle to type without constantly engaging in logical fallacy is pretty indicative of the fact that you're probably not as knowledgable as you try to come off as.
You can keep bidding unreasonable, risky amounts of gold to make a profit - just quit trying to pass it off as gospel, putting others at risk of losing gold they're already strugging to get/make. Those of us who actually know what we're doing will put in a bid at what's going to yield a profit or what we believe an item is worth if we're using it.
Seriously, just stop now.
If you want to arrange it
This world you can change it
If we could somehow make this
Christmas thing last
By helping a neighbor
Or even a stranger
And to know who needs help
You need only just ask
A guy with 149 AR on his gear is going to tell me my gear is bad? You're such a terrible troll it isn't funny. I enjoy your ad hominem rebuttals (despite crying loudly when someone does it to you), and your absolute zero knowledge of this game. Maybe with some of your uber gold stock you can upgrade that Act 1 gear and start running with the big dogs.
Talking out of your ass is fun though, eh?
He's right that overbidding is risky. It may pay off for you, possibly because you don't care as much about the gold as someone else does, but it can bite you in the ass too.
For example:
Item you think you can flip for profit if you get it around 50 mil.
You put in a 200 mil bid because, hey, got lots of gold.
There are two other bidders who do not know you are involved and want the item to equip and get caught in a last-minute bidding war. One of them figures "hey, I'll just bid 100 mil and the other guy will never overbid me" and, all of a sudden the logic you are using to purchase these items suddenly means that you've paid over 100 million for said item because someone else also attempted to overbid. Now you're stuck with an item you overpaid for (because you were never intending to equip it) and to even get your 100 million back you either have to hope someone in trade buys it and makes you whole or sell it on the AH for 15% more.
Trust me, I've run up a few bids like that in my time in D3 just to piss people off. It's realistic. It happens - especially when there are more than 2 people involved in the bidding process, in fact the more people involved the more likely you are to have your bid run up on you. You may not care about it because of your pile of gold, but giving that as a strategy to people who don't have a pile of gold is just asking for them to get fucked on a deal.
Hell, I can see it happen on some of the items I've listed. Out of the blue their bid price will jump 2-5 million gold. Why? Because of overbidding wars.
I was "mad" even though you admit twice in this post that you were the one who got mad on being called over shit advice. Welcome to ignore.
The game doesn't insert commas into the digits, so it's easy to miss a zero or two if you're not paying attention. I do it all the time, but part of it is beecuz eye wuz nowt edumicated verree well when eye wuz aye kidd.
Currently played toon: https://eu.battle.net/d3/en/profile/Rage-2973/hero/97362116
Zakaz, +10
Xpire, -100
I award this thread to Zakaz.
Next.
When you click the "bid" button, a dialog box appears with a space to enter your bid. If you just press "bid" again with no further input, the game will set your bid at whatever the minimum bid increase is (ex: item at 100,000, you press bid, it sets the number at 125,000 - a 25k minimum bid).
To set your own "max bid" amount, you replace the number in that dialog box with whatever number you wish (up to the amount of gold you currently have). BE FOREWARNED: Any amount you enter into that box will be "held" by the AH until you either win the auction, or are outbid - it will not be available for use by you until that time.
Not that it's entirely justified anyway, but the original point of the thread had already been dealt with and was over, so nothing really got derailed. The silver lining is that it's done and will never happen with this particular person in the future!
PS, you're engaging in exactly what you're complaining about.