Idea against Undercutting at the Marketboard (The next.. )

[radioactive_lego]

Bah. This is the nature of capitalism. Undercutting happens. As long as there is only ONE market to buy and sell your goods you are at the mercy of others selling in that same market.

The only alternatives would be to (revert to 1.0) and have multiple, separate markets (ugh) or the afore mentioned auction system.

No upvote here. The market regulates it's self appropriately. There will be undercuts, but there will also be gouges. It all balances out in the end.

[RyuDragnier]

Bah. This is the nature of capitalism. Undercutting happens. As long as there is only ONE market to buy and sell your goods you are at the mercy of others selling in that same market.

The only alternatives would be to (revert to 1.0) and have multiple, separate markets (ugh) or the afore mentioned auction system.

No upvote here. The market regulates it's self appropriately. There will be undercuts, but there will also be gouges. It all balances out in the end.

I would say that, except I've seen stuff go from 16K down to 3k, due to undercutters. And I'm talking huge undercutting over time. Looking at the many amounts in there, you'll see good undercutting practices, such as 1-500 gil, then suddenly a dramatic undercut as things drop by 2-4k. And then it takes the prices weeks to go back up. I don't know about you, but I don't like it when I have to wait weeks for something to sell that should have sold within a day just due to insane undercutting by idiotic people who apparently wish to LOSE money than gain it.

[radioactive_lego]

I would say that, except I've seen stuff go from 16K down to 3k, due to undercutters. ...
I don't know about you, but I don't like it when I have to wait weeks for something to sell that should have sold within a day just due to insane undercutting by idiotic people who apparently wish to LOSE money than gain it.

Then you stash your over-priced stuff in your inventory and sell it later. Or let it ride till the market "recovers". As long as there is someone, anyone, willing to sell their junk at a loss, you "retailers" will be up the creek. Selling stuff on the MB is a gamble. If someone undercuts me by more than 40%, I buy it and resell it. It's simple capitalism; buy/build low, sell high.

Get over yourselves. Bestbuy isn't the best buy. They stay in business because the consumer can find the item they want conveniently and easily. You sell at retail. You are Bestbuy.

[Mission]

Honestly, If I undercut someone its not because I'm trying to undercut someone. When I post stuff on the market, I post it for what seems fair to me, based on the time it spent for me to gather or get the stuff to make or aquire it, and What I would spend to buy something. I rarely even look to see what other people are selling them for. Could I probably make more money...sure, but I'm not greedy.

[CheshirePuss]

I'm well aware that undercutting is part of how the market works, and I'm not against the idea of it. However, it feels like it's becoming grossly over abused. Items that had a long streak of running 300-400 gold, or 860 gold, is now a fraction of those prices. This is especially trying, as a Botanist that is just hitting cap. I've found myself to be more dependent on those prices in hopes to progress myself to the next tier of equipment in order to make true progress (Farming for my "Botanist Relic" and further gear pieces).

It just feels like a number of people are failing to understand how a market works, and ultimately destroys the worth of an item in the process. I'm just sitting here, hoping these items I have become dependent on farming will recover. >>;

[Ashkendor]

It just feels like a number of people are failing to understand how a market works, and ultimately destroys the worth of an item in the process. I'm just sitting here, hoping these items I have become dependent on farming will recover. >>;

It's not that they necessarily fail to understand. Some people don't care about preserving the market. They have something that they don't need, and they'd like to get rid of it in exchange for some gil. They're willing to take however much they can get for it. In any case, it's best not to become dependent on a few items to support yourself. Diversify! If the market on one or two things tanks, look for other markets that are profitable as well.