Quote Originally Posted by Kazamoto View Post
Fair, but if I bring along 10 friends? 100 compatriots? 500 facebook buddies?

And we all offer $3.50? How many 'what buyers are willing to pay' does it take to lower the value of something?

If last week they were $233,509 and only 4 people bought them, and now 500 want them for $3.50, does this not change what it is worth?
No, because you're going at the wrong end of it. It doesn't matter how many people are willing to pay a low price. If the dealership has enough people willing to pay a high price, he has what he needs.

If sales were being made at 500g, and now someone has undercut to 250g, is it worth 250 or 500? It has buyers at both price points.
It has buyers at both price points, but there will be *more* buyers at 250 gil. If there are enough buyers at 500 gil to buy the entire supply, then buy the 250 gil and resell it at 500 gil. Free money. What you have here is the concept of the "market clearing price." As the price rises, you'll have more suppliers. As the price falls, you'll have more buyers. Thus, there will be a price at which you have an equal number of suppliers and buyers and the market clears. If people are selling below the market clearing price, you'll be able to buy what they're offering and resell it at a higher price. If you can't do that, then they're not selling below the market clearing price.