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Occam's razor. Automated pricing, not laundering, lol. Amazon provides an interface for it. Provide rules for automatically updating price. Very common in the o

Occam's razor. Automated pricing, not laundering, lol. Amazon provides an interface for it. Provide rules for automatically updating price. Very common in the online book market. https://sellercentral.amazon.com/help/hub/reference/external/G201994820?ref=efph_G201994820_cont_43381&locale=en-US https://sellercentral.amazon.com/help/hub/reference/external...

dieselgate 4y ago
Yes my thoughts as well. I’ve read similar account of very high priced items online and it was an automated pricing algo gone awry comparing two sites selling the item (like Amazon and eBay)
carabiner 4y ago
Exactly what TFA describes.
- stagger87 4y ago
  Yea sorry for the confusion, this was mostly a response to the other comments talking about it being money laundering.
rtkwe 4y ago
This has been discussed on other items before and a few people were able to gather price history for some and it showed a clear cycle between the two stores of regular incremental price increases with stable percentages.
daniel-cussen 4y ago
Mmm...yeah it's like ebay's auction system, you can tell it how high you will go but...no, just no. Better to just wait until the last moments of the auction and then tell ebay in successive increments--in a real auction--how high you're willing to go. Can't let people see your reserve price generally. It's very private, essential to private property. Without it, and without competition, you give up everything you have and nothing actually makes life better than not having it. Well like there can be ultimatums, that's the alternative.
quickthrower2 4y ago
Yeah no one would pay that much for a book. You need something believable for laundering. NFTs were almost designed for it.
WillAdams 4y ago
Yep. When the book _Traditional Archery from Six Continents_ hit four digits, I found it less expensive to license the copyright and do a run of 100 books.

dieselgate 4y ago

Yes my thoughts as well. I’ve read similar account of very high priced items online and it was an automated pricing algo gone awry comparing two sites selling the item (like Amazon and eBay)

carabiner 4y ago

Exactly what TFA describes.

stagger87 4y ago
Yea sorry for the confusion, this was mostly a response to the other comments talking about it being money laundering.

rtkwe 4y ago

This has been discussed on other items before and a few people were able to gather price history for some and it showed a clear cycle between the two stores of regular incremental price increases with stable percentages.

daniel-cussen 4y ago

Mmm...yeah it's like ebay's auction system, you can tell it how high you will go but...no, just no. Better to just wait until the last moments of the auction and then tell ebay in successive increments--in a real auction--how high you're willing to go. Can't let people see your reserve price generally. It's very private, essential to private property. Without it, and without competition, you give up everything you have and nothing actually makes life better than not having it. Well like there can be ultimatums, that's the alternative.

quickthrower2 4y ago

Yeah no one would pay that much for a book. You need something believable for laundering. NFTs were almost designed for it.

WillAdams 4y ago

Yep. When the book _Traditional Archery from Six Continents_ hit four digits, I found it less expensive to license the copyright and do a run of 100 books.