Extreme Undercutting - Should it be a violation?

[Ayer2015]

Why would it be a violation? If a person chooses to sell for a lower value that is their prerogative.

[-Teria-]

If someone is undercutting like that, why not just buy their super cheap items and then resell them much higher for a quick and easy profit?
You also need to realize that some people just want to get rid of crap while making some small profit outside of vendoring them.

[DaikiKiyoshi]

I always undercut by 1 Gil. No it shouldn't be a violation. It's free market. Everyone should learn to deal with it.

[Dyvid]

OP, it's a new, shiney expansion. Of course the prices were a seller market at the start but now people are adding more and more items to the surplus and so that prices are falling faster and faster. Yea it's annoying to see prices fall 75% in one day but that just how it works. Case in point, the other day I saw cloud mica were zero in stock and prices were like 4000g each. So I went and mined a stack. The next day the market was flooded, and price where down to 400g.

[Texa]

I always base my prices on what the item has previously sold for instead of what players currently have it listed for. If you have something up for 10 mil and I check the previous sale list and it's 1-2 mil I'm putting it up for 2 million.

[Kosme]

I always base my prices on what the item has previously sold for instead of what players currently have it listed for. If you have something up for 10 mil and I check the previous sale list and it's 1-2 mil I'm putting it up for 2 million.

You wouldn't even try to make a profit? I mean, I know the thread is about undercutting, but it seems like people really don't like making money, or at least, value making less money faster (arguably) over making more money at the same speed, or slightly slower.

God I miss those FFXI blind auctions.

[Texa]

You wouldn't even try to make a profit? I mean, I know the thread is about undercutting, but it seems like people really don't like making money, or at least, value making less money faster (arguably) over making more money at the same speed, or slightly slower.

God I miss those FFXI blind auctions.

There's situational markets that I would profit from. I sold a bunch of demimog materia for 2 mil a pop after the servers came back up for Stormblood when they were 80k before that. But just because something is on the board for a certain amount doesn't mean it will ever have even a slight chance of selling for that amount. Like people putting new minions up for 40 million. The most I've seen a minion go for on Diablos was Hunting Hawk for 15 million-ish and people were willing to pay that much because they'd been hurting for it since the Diadem first came out and the board could go months at a time without getting a new one. But trying to sell a primal minion for way way more than that wouldn't happen and the price needs to be based more on reality.

[Areic]

There should always be free market, who deems what something is worth?

Black desert online sets the worth of their items, and we see how shit that economy is

[DRKoftheAzure]

Some people put HQ items on the market because of MSQ and side quests and people generally get a lot of gil early access from those items for a few days, but after launch you won't be able to profit from the items no matter how much time passes, they become worthless at the end of the day if there are too many crashing the market and making crafters feel useless which is the main issue. SE is better off having LQ of those items as rewards to make sure they don't flood the market as much. They are just glamour gear so better to buy LQ from NPC vendor anyway. They can also buff the mount of gil quests give in general since leves in SB can only be unlocked with lvl 60 DoH/DoL. Crafters who leveled up and thought they could earn a lot of gil from the SB standard gear because those items are pretty much worthless, with the exception of the 290 accessories and belts are out of luck. Best to have Min. limit of what an HQ item can sell for on markets.

[Memoriae]

-snip-

Yes OP, undercutting even at it's extremes, is a legit tactic to make gil. But the thing is, is it worth it? The answer depends on the seller. If the seller is willing to loose out on a huge profit they are either stupid or desprate for gil. And if you were smart knowning the item was still a high demand item, you could have bought said items and turn it into profit.

Of course, if the real reason was said item(s) were stockpiled by a lot of people who thought the item(s) would skyrocket in price with the launch of stormblood threw all their items on the market knowing everyone else would do the same. This eventually causes the price to go way down, especially if selling the item(s) selling are not needed as much, going in to oversupply. I mean honestly any sane marketeer would want to salvage their profits on items they have been acquiring for months.