Player
I'll rephrase it because the point went completely over your head and now you're trying to be philosophical in some desperate attempt to maintain credibility. You can't price compete with someone effectively when their margins are much more flexible than yours.
It's not philosophical, it's economics. Of course, most people will never grasp the concept of Opportunity Cost because they really want to believe statements like, "Blacksmithing is so profitable for me because I have Mining and get all my mats for free!".
That or they simply place no value whatsoever on their time. Not sure which is worse.
Opportunity Cost isn't a difficult concept to comprehend. TL;DR If you can make more money doing something else, do something else. Which is what I do, I don't make money through crafting, I do it through other avenues. I simply enjoy crafting and when it's a hobby and not a primary source of income you want the lowest bottom line that you can. That being said gathering is so easy, it's almost always cheaper to gather your own mats than to buy them off of the MB.
P.S. When I said you were being philosophical, what I meant was that this was going to turn in to a debate about how economics work instead of addressing the original point of how it's harder to compete when you have a higher bottom-line than the other guy.
Well fine, then lets go have a drink!Opportunity Cost isn't a difficult concept to comprehend. TL;DR If you can make more money doing something else, do something else. Which is what I do, I don't make money through crafting, I do it through other avenues. I simply enjoy crafting and when it's a hobby and not a primary source of income you want the lowest bottom line that you can. That being said gathering is so easy, it's almost always cheaper to gather your own mats than to buy them off of the MB.
P.S. When I said you were being philosophical, what I meant was that this was going to turn in to a debate about how economics work instead of addressing the original point of how it's harder to compete when you have a higher bottom-line than the other guy.
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