IMPORTANT MARKETS!! GMs

[ChameleonMS]

snip... What do people think about this? Likes, Dislikes?

I dislike that because it just add an unnecessary research step when a seller goes to list something on the board.
Before the sellers lists the item, s/he would just goes to the board, puts a very large number in, to guarantee multiple results (unless by chance there is only one on the board) to see what price the competition is using. Then exists the board, puts the item up for sale at the very same undercutting rate s/he would have done so anyways under the current system.

[Cattibrie]

I dislike that because it just add an unnecessary research step when a seller goes to list something on the board.
Before the sellers lists the item, s/he would just goes to the board, puts a very large number in, to guarantee multiple results (unless by chance there is only one on the board) to see what price the competition is using. Then exists the board, puts the item up for sale at the very same undercutting rate s/he would have done so anyways under the current system.

I think you are misunderstanding. You put in a bid and there is an item in that price range, you just bought it.

There is no price fishing, you can bid 1 Gil for a Stack of 10 HQ High Steel Ingots. If the market has that item for that price, you just bought it. If not than you get a message of some sort stating none available at requested price range. If you make a bid for 150,000 Gil for a stack of 10 HQ High Steel Ingots and there is a stack in that price range, you just bought it, even if the seller only listed that stack of 10 ingots for 110,000 Gil.

[ChameleonMS]

I buyer still needs to have discretion in the purchase. You cannot do auto-purchase, it is unfair to the buyer and does not suite the buyers needs.

e.g. 4 listing of an item are on sale on the board.
Prices are 1000 (Uldah), 1005 (Gridania), 1020 (Limsa), 1025 (Ishgard).
I the buyer am currently in Ishgard. Which item should I purchase?
The smart buyer will purchase the item listed in Ishgard, your system will purchase the one from Uldah, and cost me the buyer additional Gil do to sales tax.

e.g. 4 listing of an item are on sale on the board.
Same prices as before, then consider stack sizes. The Uldah stack is 90, Gridania is 30, Limsa is 99, Ishgard is 6. I the buyer needs 10, I would be purchasing the Gridania stack but your system would once again cost me extra Gil by buying wrong stack size.

Also, the system removes the buyers ability to say to him/herself, "I do not want to pay 20k per item, I'll go farm it myself."

It also makes purchasing a hassle and guess work for the buyers. I put in a value equal to the sales history and nothing is listed below that number. I get told nothing is available at that price. Why is not explained, as you have stated the prices are hidden. Is the board sold out? Has price risen? I just do not know.

[Cattibrie]

Again, I think you are misunderstanding.

I buyer still needs to have discretion in the purchase. You cannot do auto-purchase, it is unfair to the buyer and does not suite the buyers needs.

You instruct the market board to look for a certain item, max stack size and the max purchase price. An item meets your set criteria, a notice for the purchase pops up to confirm with your set criteria. You confirm the purchase and the item is bought at your specified criteria.

e.g. 4 listing of an item are on sale on the board.
Prices are 1000 (Uldah), 1005 (Gridania), 1020 (Limsa), 1025 (Ishgard).
I the buyer am currently in Ishgard. Which item should I purchase?
The smart buyer will purchase the item listed in Ishgard, your system will purchase the one from Uldah, and cost me the buyer additional Gil do to sales tax.

The purchase is based on your search criteria of the market board, which would include item wanted, max quantity wanted and max total price willing to pay for the item wanted.

e.g. 4 listing of an item are on sale on the board.
Same prices as before, then consider stack sizes. The Uldah stack is 90, Gridania is 30, Limsa is 99, Ishgard is 6. I the buyer needs 10, I would be purchasing the Gridania stack but your system would once again cost me extra Gil by buying wrong stack size.

Same situation as stated above.

Also, the system removes the buyers ability to say to him/herself, "I do not want to pay 20k per item, I'll go farm it myself."

There would be a confirmation with your market board search criteria, no actual purchase information except for the criteria you set. Item wanted, max quantity wanted and max purchase price. With this method, it would hopefully reduce or even prevent price fishing.

It also makes purchasing a hassle and guess work for the buyers.

How does it make purchasing a hassle. You set an item wanted, how many of the item and the max total price willing to spend and finds it for you and confirms purchase if found.

I put in a value equal to the sales history and nothing is listed below that number. I get told nothing is available at that price. Why is not explained, as you have stated the prices are hidden. Is the board sold out? Has price risen? I just do not know.

You can still see the items on the market board, just the item prices would be hidden. If no items meets your search criteria, that would mean the price is higher than you wanted to pay.

I wont deny that this would add steps to both the seller and buyer potentially, depending on how this was setup. The only people that would be truly inconvenienced would be those that try to undercut and destroy the markets stability by unnecessarily lowering item prices. With any market, prices will increase or decrease with supply and demand. But should not be sabotaged by people in a hurry or doesn't care about the stability of the market.

[Solarra]

Hidden prices? Seriously? You want to turn the MB into some sort of ghastly mini-game where potential sellers have to guess how much their goods are worth and potential buyers throw random amounts of gil at the MB until they get lucky?
Sorry, but that sounds horrific.

this would add steps to both the seller and buyer potentially

Added inconvenience I could really do without.

The markets are not stable; prices naturally rise and fall according to demand.
People undercut for many reasons. If you are trying to sell in a market that takes a sudden dive due to aggressive undercutting you have three choices, buy out and relist at what you feel is a more realistic price, compete by undercutting yourself or move into something more lucrative. Making the right choice is all part of the fun.

[Cattibrie]

So your ok with markets crashing or someone over saturating the market with product and undercutting to an extreme? I honestly don't care to be undercut by one Gil or even five Gil. That is a part of the business and competitiveness of the market. But what I don't like is when someone appears to be trying to destroy a healthy market on purpose. There is no reason to throw an item up for sale for a considerable price drop.

Ex: An item that has been selling decently and often with a price range of 1000-1500 Gil for NQ and 5000-10,000 Gil for HQ. Then someone lists NQ or HQ for just above NPC price. That is just stupid and blatantly trying to destroy that current market.

I don't care if someone lists twenty stacks within the current price range but to do this at NPC prices or just above is uncalled for. Markets are never stable but they are healthy until this happens, which if it continues will make it so that people slow down on listing items or stop all together due to low or no profitability.

[ChameleonMS]

Ex: An item that has been selling decently and often with a price range of 1000-1500 Gil for NQ and 5000-10,000 Gil for HQ. Then someone lists NQ or HQ for just above NPC price. That is just stupid and blatantly trying to destroy that current market.

When this happens, unless the supply volumes are ridiculously high, I would buy out that under cutter myself and re-list at my desired price.
The undercutter is happy with the quick sale, and I am still happy to sell to the masses at my price. I do not make as much on the re-sales but the profit is still really good most of the time, and I barely had to work it.

[Shouko]

I think you are misunderstanding. You put in a bid and there is an item in that price range, you just bought it.

There is no price fishing, you can bid 1 Gil for a Stack of 10 HQ High Steel Ingots. If the market has that item for that price, you just bought it. If not than you get a message of some sort stating none available at requested price range. If you make a bid for 150,000 Gil for a stack of 10 HQ High Steel Ingots and there is a stack in that price range, you just bought it, even if the seller only listed that stack of 10 ingots for 110,000 Gil.

I hated XI's mb it was the most utterly confusing thing to exist, I hated guessing at how much something was only to turn up empty. I don't want to spend 20 mins playing a guessing game of how much something is, not only that but the overbuying of something isn't something I would like to do either. Oh you guessed it was 150k but was only 100k? Congrats you just wasted 50k for nothing.

[Cattibrie]

I hated XI's mb it was the most utterly confusing thing to exist, I hated guessing at how much something was only to turn up empty. I don't want to spend 20 mins playing a guessing game of how much something is, not only that but the overbuying of something isn't something I would like to do either. Oh you guessed it was 150k but was only 100k? Congrats you just wasted 50k for nothing.

my post is just an example. It doesn't have to be setup where you over pay. It can be setup where you put a desired price range and if an item is being sold at the price and quantity you desire than you confirm the purchase. You need a stack of 99 High Steel Nuggets, willing to pay between 225,000 and 350,000. Someone has a stack up within that range than you purchase for the amount, say they listed for 248,000 for that stack of 99. it pops up a confirmation, you confirm and you get the item and states final cost.

Not trying to create more work, but something needs to be done to curb the act of destroying the market. You have people, either botting or just not caring, listing items on the market board at prices well below current going prices. in some cases less than half or slightly above npc prices. I hear people complaining about this on many servers. Yes if players have the Gil to purchase, they can purchase the undercutting items and relist. But these individuals take a chance doing this. What stops those that listed from listing more at similar prices again?

I hear people complaining about the idea I presented and that's fine. What would anyone else do or suggest to fix this issue or just let it go, because it's just a game?

[Solarra]

something needs to be done to curb the act of destroying the market. You have people... listing items on the market board at prices well below current going prices. in some cases less than half or slightly above npc prices.

I agree that it is annoying to find yourself consistently and aggressively undercut. However, I don't see how you are going to stop that with your proposed system. Hiding prices just adds a layer of complexity and inconvenience for everyone. I don't want to play 'The Price is Right' every time I go to sell or buy an item.

I honestly don't see an issue here. Not because it's 'just a game' but because what you are objecting to is part of the game.
If you want to make gil from selling your items, you have to be canny and recognise that not everyone approaches the Market Board with the same motivation and mindset you do. For some people, amassing wealth and playing the Market is their entire game, for others gil just isn't that important. It's basically a genteel form of PvP.