Undercut Hell

[Prototype909]

The value of a good is what someone is willing to pay for it, don't cry just because someone else is willing to make less money than you.

[Tupsi]

The value of a good is what someone is willing to pay for it, don't cry just because someone else is willing to make less money than you.

Someone else wanting to make less money than you means you'll make no money or even less than them simply because they don't care for a profit. If something consistently sells for 800k, why are you undercutting to 300k and causing people to undercut THAT to even lower till it floors out?

People were willing to pay 800k, so why undercut massively to sell faster when you could have made so much more profit? Especially when we already know most people that undercut aren't the ones even making the items, they get it from retainer ventures or 2nd hand.

[NyarukoW]

..
People were willing to pay 800k, so why undercut massively to sell faster when you could have made so much more profit? Especially when we already know most people that undercut aren't the ones even making the items, they get it from retainer ventures or 2nd hand.

Massive undercuts means you get a chance at a massive windfall. Buy it up quick and sell it at the price you want and profit! Been there done that. It works good makes lots of gil easy off someone else's impatience.

... Do you have any empathy for people who try their best?

Empathy and markets don't mix. Empathy does not give you the right to price gouge someone else either. I do have empathy, but you are talking about pricing, and pricing is a cold blooded (fill in the blank). Fact of life , applicable in game too, prices are always too high when you want to buy and too low when you want to sell. The odds that the timing of the matter lines up with your situation is low. And if you want to buy low and sell high, you got to look at undercutters as source of good opportunities.