Ya forget the high level guys, lets talk about this level 200 guy.
If the game has been out for 7+ years already wouldn't the high level players be 700-800+ already? Wouldn't their exploits have a much greater effect on the world?
And also given that he's so behind, how is he selling things for so much? Who's going to pay $1,000 USD for such (relatively) low level items. This is bad writing. The author wants a certain outcome but has no idea how to make it happen.