Are all BTN stupid or is it just on my server?

To people who always complain about underselling: If you think it's worth more, just buy it all up and resell it for the price you think it's worth. You should be happy as a pig in mud people would be throwing their gil away in such a manner... IF it were actually 'worth' that much. But we all know there's no justifiable reason easily farmable materials should be 8k a piece aside from the initial rush.

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Originally Posted by hydralus

To people who always complain about underselling: If you think it's worth more, just buy it all up and resell it for the price you think it's worth. You should be happy as a pig in mud people would be throwing their gil away in such a manner... IF it were actually 'worth' that much. But we all know there's no justifiable reason easily farmable materials should be 8k a piece aside from the initial rush.

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Even 500g is a bit much, especially for something with high traffic. Even the crafted items will crash out after the initial rush.

If they released new gathering books it probably wouldnt have been as bad; but i guess desperate people who want any gil would still impact it.

I, too, hate when goods find a price in a market.

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Originally Posted by tdb

In a video game though there's no pressing need to get it sold now (unless maybe you're really tight on inventory slots), so selling at a loss doesn't make much sense.

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This is your first mistake, to believe that someone who undercuts greatly is selling at a loss.

No, they are selling at what they want to receive at a price that will be more attractive to a buyer. You may consider them misguided, they may be frustrating to those who want to max out the gil counter, but they are not selling at a loss.

This is not work. If you approach an MMO expecting to be amply rewarded for your effort beyond what other people think that reward should be, disappointment and frustration will follow.

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Originally Posted by DPZ2

This is your first mistake, to believe that someone who undercuts greatly is selling at a loss.

No, they are selling at what they want to receive at a price that will be more attractive to a buyer. You may consider them misguided, they may be frustrating to those who want to max out the gil counter, but they are not selling at a loss.

This is not work. If you approach an MMO expecting to be amply rewarded for your effort beyond what other people think that reward should be, disappointment and frustration will follow.

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Time has value and is not that hard to calculate gil per hour from different activities. So yes, selling at a loss is a thing because "opportunity cost" is also a thing.

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Originally Posted by DPZ2

This is your first mistake, to believe that someone who undercuts greatly is selling at a loss.

No, they are selling at what they want to receive at a price that will be more attractive to a buyer. You may consider them misguided, they may be frustrating to those who want to max out the gil counter, but they are not selling at a loss.

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Did you miss the part where they bought that item from a vendor at 12000 gil? The post of mine which you quoted discussed the specific scenario Vickii described. If you buy something at 12000 and sell at 6000 that's a loss in my book. I guess if you feel it's overpriced at the vendor and want to provide it for cheaper at your own expense then sure, you're free to do that. But it's still a loss.

New 5.4 Gatherable mats started at 25k in Balmung, dropped to 10k by 7 am, was below 4k by 2pm lol.

Everyone can mass gather unlimited materials, crafters need limited materials. So the price crashes. Economy 101.

Welcome to everything economy related in ffxiv, it is just poorly designed from the ground up.

Crafted gear will be the same way, stuff selling for 2.5million will be 200k in a week or so.

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Originally Posted by Vickii

But completely crashing it in 12 hours is stupidity. And I have an economics degree before you go on about how economies work.

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A real life economics degree isn't going to be much help in an online video game where people make random decisions for random reasons.

Most of the crashing is thanks to the bots, not real players. They will vigorously undercut each other because they don't really care. Their time is free.

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Originally Posted by Driavna

Time has value and is not that hard to calculate gil per hour from different activities. So yes, selling at a loss is a thing because "opportunity cost" is also a thing.

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Only if you care about such things. In a game, not everyone does.