Economy crashers

Since a few days, on Ragnarok, someone decided to try and crash the Culinarian market for some reasons.

He's basically selling insane amount of 2stars HQ food to the point you're losing money if you're buying mats off AH, or you'd rather sell the raw materials if you're gathering them forcing me and some fellow culinarians i know to buy his whole stock in order to avoid a crash of the market.

We attempted to talk with him, however he only connect to craft in "busy", preventing any tells and/or any other form of communication, also ignoring whatever we say in the /say chat.

We also attempted calling a GM as this kind of behaviour sounded extremly suspicious, to what they answered player were allowed to play with the market how they want.

Are other servers affected by that kind of plague as well? Is there really nothing to do to stop this kind of player? I'm personally losing money everyday and cant sell my stock because of this single player...

Could just be a player who saved up a few million gil with the goal of crashing and then dominating your food market for the short term. I've done it with materia a few times, seems like too much work to do it with food TBH. He'll probably raise the prices over the next few days until he makes 100-200 gil per sale and then go until prices hit what they were before he began his campaign. He's just trying to bully the market is all.

Well he will not keep going like that forever. At some point he'll run out of money.

FFXIV economy is a facade anyway.

He can play however he wants to, leave the poor guy alone.

The problem with FFXIV's economy is that everyone seems to think that there is no room for anyone else in a market. So they force the prices down to nothing to bully people out, then pull the prices back up while buying all the cheaper stuff others listed for super low. So they profit on their stuff and other other people's stuff. Funnily enough, they tried that with some foods on Balmung and the prices never rose back up. Didn't bother me any because I gather all my own mats, so I have 100% profit.

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Originally Posted by TheCurls

The problem with FFXIV's economy is that everyone seems to think that there is no room for anyone else in a market. So they force the prices down to nothing to bully people out, then pull the prices back up while buying all the cheaper stuff others listed for super low. So they profit on their stuff and other other people's stuff. Funnily enough, they tried that with some foods on Balmung and the prices never rose back up. Didn't bother me any because I gather all my own mats, so I have 100% profit.

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Yeah I made an alt on Balmung, was amazed that 2 star hq food goes for 2k. There are so many characters with all 50s on balmung though (being the biggest server on the shard, and legacy,) so I'm not too surprised that they are so cheap considering the amount of players who gather all their own mats too.

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Originally Posted by Youmadesca

...He's basically selling insane amount of 2stars HQ food to the point you're losing money if you're buying mats off AH, or you'd rather sell the raw materials if you're gathering them forcing me and some fellow culinarians i know to buy his whole stock in order to avoid a crash of the market...attempted calling a GM as this kind of behaviour...Is there really nothing to do to stop this kind of player?...

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If I read correctly, you wanted the market being forced on the prices you want, and pissed off that someone else is ruining your (and your friends) plans. So you called a GM for help and got a polite "are u serious? lolnope" answer, and you now asking help here on the issue?

I think free market needs be kept free, and any syndicate cannot decide what prices must be on things.

So you find normal someone that sell something that takes 1.8k to craft for 1.5k? He's not ruining my plans, he's trying to crash the market for his own interest...

The fact that something costs YOU 1.8k doesn't mean that it cost the same anyone else! Not everyone is buying crafting mats, many serious crafters are either fully selfsufficient or are trading mats in large quatities at bulk outside of the Market Boards or even in barters so your preposition that he / she is trying to "crash" the markets at loss is most likely incorrect.

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Originally Posted by Youmadesca

So you find normal someone that sell something that takes 1.8k to craft for 1.5k? He's not ruining my plans, he's trying to crash the market for his own interest...

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Just because it takes you 1.8k to craft it does not mean it does for everyone, think of that aspect for a minute. If he gathers all the mats himself and is happy making the 1.5k profit for each one he sells then there is nothing wrong nor malicious with what he is doing.

If you aren't happy with it either stop making and selling it or level up gathering and get the mats yourself, its simple really.

The market's a big place. Even within a single category (food, in this case), it's unlikely that he's messing with ALL of the prices. For the time being, tap the markets he's not bothering with. If he's selling at a loss, he'll eventually believe that he's "scared" everyone else away and then raise his prices. Watch for that, and when it happens move back in.

If he does farm/gather his own ingredients, though, prices may stay where they are. If that's the case, then you'll either need to abandon the market completely, or farm/gather your own ingredients as well. That's a possibility that ANY crafter who doesn't level DoL jobs always has to worry about - that their market will become dominated by someone who can sell cheap because they don't buy the ingredients. If you haven't leveled DoL because you don't have the spare time - well, MMOs have ALWAYS favored players with more free time. That's just a fact of life.

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Originally Posted by Youmadesca

So you find normal someone that sell something that takes 1.8k to craft for 1.5k? He's not ruining my plans, he's trying to crash the market for his own interest...

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Wait, that's the price difference? >.> I was expecting like 50% lower than the going rate. lol.
Yeah, those who gather all the mats themselves are the ones who make the most profit.

http://f3.thejournal.ie/media/2013/1...is91qfno3a.gif

Its a strategic move to corner a market. He only needs to farm 1 component to sell competitively against those who buy all their components.

Its one of the same methods used in an initial listing fee system to force people to sell at a loss with a double initial listing fee penalty, however, its not as effective because we don't have that system, which is good for you.

My advice is to figure out if hes buying any of the necessary items to craft his products. Corner those markets and you will have controlled his production. The market in this system is highly competitive. Be prepared to play dirty~

this is beautiful.

Especially if he's making a profit and plans to reinvest that profit on doing it again.

Taking control over one or more items in markets is one of the most funniest "mini-games" in MMO's imo, done it here with few dyes and some random items aswell. Also putting your item in wishlist you are trying to sell creates illusion of demand and i noticed that peoples started to buy those items more than normally, only downside is that others will start to flood said item and prices will/might go down rapidly.

What's the point in doing this when selling the raw materials you gathered makes more profit then crafting them, tho? That's what bothers me, here. Eitherway, it's a lose-lose.

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Originally Posted by Synestra

Taking control over one or more items in markets is one of the most funniest "mini-games" in MMO's imo, done it here with few dyes

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HA! Now I know where to find you when you start messing with the dyes again ;)

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Originally Posted by Youmadesca

What's the point in doing this when selling the raw materials you gathered makes more profit then crafting them, tho? That's what bothers me, here. Eitherway, it's a lose-lose.

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He could just be giving the people incredible savings.

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Originally Posted by Youmadesca

What's the point in doing this when selling the raw materials you gathered makes more profit then crafting them, tho? That's what bothers me, here. Eitherway, it's a lose-lose.

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Different demands. Food, in particular, sells faster than the raw materials.

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Originally Posted by Youmadesca

What's the point in doing this when selling the raw materials you gathered makes more profit then crafting them, tho? That's what bothers me, here. Eitherway, it's a lose-lose.

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If he is working towards his luminary, then he would need to produce the items, not just gather the materials. Just because it doesn't make sense to you doesn't mean others don't have a reason for doing it, the world can be much bigger than that box people are always thinking inside of.

I think that what many people fail to realize, is that you can obtain pretty much everything in this game at almost 0 cost, you just have to level the gathering class and go out and get it. (or run some dungeons and buy the mats with myth/sol)



It's amazing how much some of the low level gear sells for, when you can just spend a few hours... level the class up yourself (for free) and then make the same item for 1/20th the cost.

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Originally Posted by Youmadesca

He's basically selling insane amount of 2stars HQ food to the point you're losing money if you're buying mats off AH, or you'd rather sell the raw materials if you're gathering them forcing me and some fellow culinarians i know to buy his whole stock in order to avoid a crash of the market.

We attempted to talk with him, however he only connect to craft in "busy", preventing any tells and/or any other form of communication, also ignoring whatever we say in the /say chat.

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As a crafter it drives me crazy when people drive down prices without any sort of logic behind it - but I guess I'm curious how low were the prices? Usually if I see something insanely low, I'll buy it up for myself and either resell it or keep it for later. I think this practice will stop with de-synth, since I can just part everything and re-sell, theres no sense in doing this anymore. (I wonder if thats a intended consequence of de synth?)

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Originally Posted by dayspring83

As a crafter it drives me crazy when people drive down prices without any sort of logic behind it - but I guess I'm curious how low were the prices? Usually if I see something insanely low, I'll buy it up for myself and either resell it or keep it for later. I think this practice will stop with de-synth, since I can just part everything and re-sell, theres no sense in doing this anymore. (I wonder if thats a intended consequence of de synth?)

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From 4k-5k a piece all the way down to 1.5k a piece (which is less then NQ). Yes, i do buy his food to resell them, but it just seems like he has an infinite supply. Again, i'm fine with undercutting, but this is just plain ridiculous.

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Originally Posted by Youmadesca

From 4k-5k a piece all the way down to 1.5k a piece (which is less then NQ). Yes, i do buy his food to resell them, but it just seems like he has an infinite supply. Again, i'm fine with undercutting, but this is just plain ridiculous.

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Meh...I wouldn't get too worked up about it. It happens. When prices drop like that, I just stop making that and find something else to craft. Then I'll just keep an eye on it for when the price rises back up.

I also wouldn't /tell the person - not sure that's gonna accomplish anything and the person can technically list whatever they want at whatever price. Not sure this constitutes harassment either.

Just find something else to craft thats profitable - either that or wait until de-synth and then part everything.

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Originally Posted by Youmadesca

I'm personally losing money everyday and cant sell my stock because of this single player...

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Incorrect. You cannot lose anything if you are not selling in this game.

IRL, in most countries, price fixing is illegal or prohibited. http://en.wikipedia.org/wiki/Price_fixing

Most materials can essentially be farmed at minimal costs. You're only out the time involved & equipment repaid costs. You don't have to buy them from the MB.

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Originally Posted by OSUBuckeye4

I think that what many people fail to realize, is that you can obtain pretty much everything in this game at almost 0 cost, you just have to level the gathering class and go out and get it. (or run some dungeons and buy the mats with myth/sol)



It's amazing how much some of the low level gear sells for, when you can just spend a few hours... level the class up yourself (for free) and then make the same item for 1/20th the cost.

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A lot of people if they have the money would just rather buy the item because it's far quicker which suits me used to make a killing in wow off copper ore/bars.

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Originally Posted by OSUBuckeye4

It's amazing how much some of the low level gear sells for, when you can just spend a few hours... level the class up yourself (for free) and then make the same item for 1/20th the cost.

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Even easier, buy it off a NPC and resell it lawl. Money all day.

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Originally Posted by TheCurls

The problem with FFXIV's economy is that everyone seems to think that there is no room for anyone else in a market. So they force the prices down to nothing to bully people out, then pull the prices back up while buying all the cheaper stuff others listed for super low. So they profit on their stuff and other other people's stuff. Funnily enough, they tried that with some foods on Balmung and the prices never rose back up. Didn't bother me any because I gather all my own mats, so I have 100% profit.

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LIES. I tried to buy Finger Sandwiches last night and the only ones available were HQ for 5k each DX