[aqme28]

Good call about it not being arbitrage.

My theory on why there were always clusters of overvalued items is that people wouldn't know what to price items at all. They'd watch the item for a couple of days and drop it there, but before they had a clear idea they'd post it at a far higher price on the complete off-chance that someone would somehow buy it.

I eventually lost most of my EQ money by forgetting a 0 when I posted an item, so it all balanced out.

[cheald]

Well, people price things at the price they want to sell them for, not the price that people will buy them for. Many players fail to grasp the concept that an item's value is whatever someone will pay for it, and not a copper more.