market failure

Quote:

---

Originally Posted by Jinko

Then people need to be smarter and not sell them in stacks of 99 right ?

---

People got them mainly from lving up or luminary achivement, they may get some gil back with the current free market, they will get nothing but vender them all if u set that price limit. Learn a little bit of macro economy before acting u have a clue please.

Quote:

---

Originally Posted by Simaril

You need 3 Tawny Latex to make 1 terminus putty.

---

I think you get 3 putty from 3 latex.

Quote:

---

Originally Posted by Simaril

You need 3 Tawny Latex to make 1 terminus putty.

---

http://i.imgur.com/cugKUZC.png

Yes, 3 tawny latex to make terminus putty once. Yes, you get 3 terminus putty.


Currently on Goblin there are 2 tawny latex on the market board (for >50k each...) 2 tawny latex =/= 2 terminus putty.

Quote:

---

Originally Posted by Nicobo

If it worths 1000G, simply just buy the 80G one and resell it ^^

---

It doesn't work that way.. they will still undercut you buy a large amount. Not even a hour later I was undercut on a item by almost 30k. Sure if you need a item and its cheap it works out for you but as a thriving economy goes it isn't realistic.

Quote:

---

Originally Posted by BlackHaloJT

It doesn't work that way.. they will still undercut you buy a large amount. Not even a hour later I was undercut on a item by almost 30k. Sure if you need a item and its cheap it works out for you but as a thriving economy goes it isn't realistic.

---

The suggestion was for OP example - 1000G vs 80G, it is 92% off ^^;
So in the same ratio, it will be listing an item on 32.6k and someone undercut it 30K listing at 2.6K...

3 star on Ultros already below 300k (when latex and 500 myth mats are still 50k/100k respectively). It's impressive, really. Crafters complain about making no gil, yet they're the ones who ruin themselves.

Quote:

---

Originally Posted by Lyrinn

3 star on Ultros already below 300k (when latex and 500 myth mats are still 50k/100k respectively). It's impressive, really. Crafters complain about making no gil, yet they're the ones who ruin themselves.

---

Going the same way on Odin, some crafters appear to not want to make gil and i suspect after the cost of gearing for 3 star, will be making quite a significant loss.

Quote:

---

Originally Posted by scarebearz

Going the same way on Odin, some crafters appear to not want to make gil and i suspect after the cost of gearing for 3 star, will be making quite a significant loss.

---

This, I just don't understand why the other guy undercut all the gears by 500k when he and I were the only seller on MB and people were buying. I understand if he undercut me by 10k to capture more sales but 500k? Why did he even borther to gear up and sell them? If he want to do people a favor just /sh free crafting with ur mats.

Quote:

---

Originally Posted by Nicobo

If it worths 1000G, simply just buy the 80G one and resell it ^^

---

Quote:

---

Originally Posted by Nicobo

The suggestion was for OP example - 1000G vs 80G, it is 92% off ^^;
So in the same ratio, it will be listing an item on 32.6k and someone undercut it 30K listing at 2.6K...

---

Yea I see what your saying I apologize for reading it backwards. Sad thing is like most people are talking about even if you were to buy it that low then sell it back to normal it would probably be undercut by that time.

I have done plenty of buying and reselling in the Version 1 days there seemed to be more market value for things. Did people undercut yes but it didn't seem as drastic because the materials were wide spread. I found if you have a good chunk of money your not desperate to sell for less profit. But I still will never understand even if a few people control the supply and demand of a item why they screw themselves by undercutting drastically and below value of a item. Maybe the problem is there is no actual visible median price of items?