A massive issue with current markets and how to really fix it.

[Misted]

Doesn't this also assume that the philosophy mats are the price stated. On tonberry mats generally sell for 16k which is under half of the listed price. Which would mean a gain of 1500gil per minute in a 10 minute run scenario.

[HurtigeKarl]

Doesn't this also assume that the philosophy mats are the price stated. On tonberry mats generally sell for 16k which is under half of the listed price. Which would mean a gain of 1500gil per minute in a 10 minute run scenario.

The larger the difference between equilibrium price and the 1-gil-undercutting price in a price interval which is very inelastic for the demand-curve, the more severe the issue of 1-gil-undercutting is.

Like I pointed out in a previous post, it is important to focus on what the abstract situation is rather than the precise numbers. I could have done the whole post abstractly without any precise numbers XD, but I know from experience that people have a hard time with such.

The key thing about almost any item in FFXiV is that they aren't very difficult to make or acquire yourself. Compared to "real" markets - where I'm going to find it pretty difficult to enter the car market, for instance. This means that if I want the item enough, and I don't like the market price, it's not going to take me long to obtain it myself. I think this acts as a great way of restricting prices to reasonable levels.

If you don't have a crafting class, it takes significant time to level that class to appropriate level. Furthermore, the act of crafting in itself is time-consuming and that time could be spent grinding dungeons.