As with any economy, some traders will try to manipulate and inflate the market by putting furni up for sale for very high prices, and then buying that furni from themselves. This pushes the average price up on the Marketplace, and as a result makes it more likely people will pay higher prices for that particular furni.
We want to share a simple, but effective little tip with you all. Clicking on the Item Information button next to an item for sale in the Marketplace brings up a line graph, which shows the average price of that particular furni for the past 30 days.
This is an example of price manipulation. Don't be fooled!
In the picture to the immediate left, you can see a furni which has had a steady average price range for the past 30 days. However, you can also see that some Habbos have bought the Castle Wall for 10 credits very recently; perhaps on the day this particular screenshot was taken. This is an example of a normal, non-manipulated price range.
In the image to the far left, there is a large spike right in the middle of the line graph. This could be due to a number of reasons (it could have been someone trying to manipulate the average price) but this picture perfectly illustrates how the average price of furni can change quickly, so always make sure to do your due diligence!
Now we’ve told you how price fixing works, we trust that a) you’ll be more vigilant about it, but b) that you won’t try and fix prices on the Habbo Marketplace yourself!
Thanks to Habbos: UnderCover. / Badge / RadMatta / Audemars / B / DJ_Shadow / Celerys
We want to share a simple, but effective little tip with you all. Clicking on the Item Information button next to an item for sale in the Marketplace brings up a line graph, which shows the average price of that particular furni for the past 30 days.
This is an example of price manipulation. Don't be fooled!
In the picture to the immediate left, you can see a furni which has had a steady average price range for the past 30 days. However, you can also see that some Habbos have bought the Castle Wall for 10 credits very recently; perhaps on the day this particular screenshot was taken. This is an example of a normal, non-manipulated price range.
In the image to the far left, there is a large spike right in the middle of the line graph. This could be due to a number of reasons (it could have been someone trying to manipulate the average price) but this picture perfectly illustrates how the average price of furni can change quickly, so always make sure to do your due diligence!
Now we’ve told you how price fixing works, we trust that a) you’ll be more vigilant about it, but b) that you won’t try and fix prices on the Habbo Marketplace yourself!
Thanks to Habbos: UnderCover. / Badge / RadMatta / Audemars / B / DJ_Shadow / Celerys
