Abbaddon Price?

[Meemaw]

Ok, so already I know people gonna tell me what to do, and yes, I already know! ;)

Just wondering what caused the price of abbaddon to lower AFTER the event... -_-

[Titanium]

Where have you been till now?

Click here (http://www.spacetimestudios.com/showthread.php?178838-Congratulations-STS-on-a-job-well-done)

[Meemaw]

lol, like I said, im aware of all this. I'm just wondering how it lowered AFTER the event... like. in the event it wasnt 500k, it was 1.5mil, which it should be cuz nativex is gone, so that understand able, and u could buy that time, AFTEr the event it lowers... "wait wha?"

:////

[Mouly]

104291

[Zydrem]

Mouly, supply is NOT going up, and demand is NOT going down.

[Sdbigdaddy]

the supply over the weekend was low as everybody was hoarding and the demand was high. so price went up.

now supply is pretty high compared to the demand (everybody who wanted one already bought one). so the price went down. the price will probably keep going down for the forseeable future. if you are waiting to buy the pet, wait a little and watch it go below 1m. happy buying and selling.

[Ebezaanec]

There are numerous Abaddon hoarders out there. Naturally, the price will dip a bit until demand picks up

[Mouly]

the supply over the weekend was low as everybody was hoarding and the demand was high. so price went up.

now supply is pretty high compared to the demand (everybody who wanted one already bought one). so the price went down. the price will probably keep going down for the forseeable future. if you are waiting to buy the pet, wait a little and watch it go below 1m. happy buying and selling.

This is the correct explanation, however I do not agree that the egg will see anywhere close or lower than 1m. Current hoarders bought at those prices, therefore they'd buy before it even got there.

[aarrgggggg]

Its called undercutting....all weekend long there were very few sellers and many buyers hoarding....
Well now its time to free up their gold by selling those eggs, hence the undercutting...saw that 1 coming

[Hercules]

104291

The best example :D