Hey Brake, can you explain what you mean when you say that the inability to instant-trade caused panic buying? Wouldn't the delay give people time to think things through before buying or selling?
People couldn't sell heads instantly, so everyone had to wait. Since we had to wait, people had forgotten who had heads, and therefor prices went haywire as people were just trying to get whatever they could whenever they could, not knowing how many had already been sold, how many had been lost, or how many are sitting in enderchests of people that will never join the server. It was effectively like how prices would be in 3 years for this dp, with the reasoning being what I've just said. No one knew who had heads or how many heads were in rotation.