Market

As stated:
"KolkaToday at 7:33 PM
@everyone Prices on market was reset to default state due to update price formula, after player will sell items its be auto corrected by players."

Rather enigmatic.
1. There is an update price formula.
2. Prices will, after sales, be auto corrected to ? (by way of this "update price formula.") ?
3. Is there any information on the "update price formula?"

4. Prices have always been set in a range and not allowed to "float" beyond this range. That is when the high price is reached it stays there unless sales are made below that price. Does this now mean that this "price range" will be allowed to "float" upwards beyond the "range" that is now indicated?

For example I see a price range 20K-30K on an item and if I want to sell it auto sets the price @ 30K. Thru sales will this price rise (it seems so) but is there a cap to this rise? Can this price go to say 100K or 300K? And if no one buys then will the price fall? Or is there a cap beyond which the price will not go?

Any further information?

 

Also it seems that not all prices have been reduced across the board?
Why is that?

 

Kolka has already posted an update in GamezBD discord: "Next maintance with market prices fix and few other updates planned on tomorrow evening" so don't worry.