Market has crashed

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Originally Posted by Hawklaser

This is happening because outside of a handful of items, most don't need 99 of whatever very often while the smaller numbers are much more common, and lots of sellers do not realize this. So its either buy 99 of an item at a cost of say 50 per(total 4950 pre-tax), or 5 of an item at 200 per(total 1000 pre-tax), or 1 at 400. Which would you buy if only needed one?

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I'm just surprised more people aren't playing the market by simply buying a stack of 99 and posting 20 stacks of 5 at 5x the cost. Sure, it takes up most of your retainers selling power but from what I've seen, the turnover rate is less then a day and the gain is 400% profit.

I would have imagined that that kind of motivation would balance out the market at some point.

Too high can be different for different ppl. There is no set price tgats why its a FREE market. Plus if it cost me 300k to make a vanya robe you count on me selling it for 500k to turn a profit. Its like ppl think legit player shouldn't have millions are something or everything should cost under 50k.

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Originally Posted by Codek

I'm just surprised more people aren't playing the market by simply buying a stack of 99 and posting 20 stacks of 5 at 5x the cost. Sure, it takes up most of your retainers buying power but from what I've seen, the turnover rate is less then a day and the gain is 400% profit.

I would have imagined that that kind of motivation would balance out the market at some point.

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Problem with doing that is some markets people massively undercut frequently to the point of making it too much of a risk to do so. I have seen some items drop over 50% in price over the course of a day. So until one knows the trends of a market that can backfire easily.

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Originally Posted by Crashar

All i can say is "Good", the lower prices is what things should of been originally before RMT gil flooded the markets and royaly screws anyone not buying gil or playing the market for most their game etc etc, if you end at level 50 with 250k and gain money really slowly from fates and leves...then why the hell should there be items selling for 500-1mil, then theres the 2 items you need to slot into your crafted weapon to progress with your relic that boosted up to around 40-50k because of all of this rmt generated gil that these people were prepared to buy with their ill gotten money.

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All I can say is someone need to go google supply vs demand and learn some basic economic principles.

I'll gladly craft those ilvl 70 gears for you for 100k, as soon as you sell me those potash and coke for 3k each.

The shards/crystals to produce products are more costly then the end synth most of the time.

Well at least your server dont have ilvl.70 crafted accessories going for well over 2 mil...shyts ridiculous.

ATTENTION!:

There is less money in circulation, things are cheaper!

THE SKY IS FALLING! THE END IS NEAR! ABANDON SHIP!

Sounds like things are balancing out to me....

Sadly I saw this one coming a Mile away, one of the reasons I stuck with my 1.0 Char on a Legacy Server as the Economy will be more stable even with a bot and RMT influx. Whereas on a new server, the economy would be a lot more volatile, more so if RMT was aggressive with it and BOOM here we are :(

Everyone go to Legacy Servers ;) lol

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Originally Posted by Ericyu

Well at least your server dont have ilvl.70 crafted accessories going for well over 2 mil...shyts ridiculous.

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yes, because obviously those crafters are just being greedy when they dare to sell those accessories for 2 mil when their base materials costed them 1.5~1.8 mil. They totally should have sold them to you for 10k, it is after all their sacred duty to spend their time and gil to make sure you are supplied with gear at below cost.

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Originally Posted by Aenarion

All I can say is someone need to go google supply vs demand and learn some basic economic principles.

I'll gladly craft those ilvl 70 gears for you for 100k, as soon as you sell me those potash and coke for 3k each.

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They have been going down since more people are leveling to 50 and the RMT clean up.