Quote Originally Posted by Ruf View Post
snip
Sigh. Ok.

I have unlimited resources, I can keep undercutting my competition. As I UNDER CUT other players, people buy my stock. Who is benefitting? The avg mb user, me. I can keep undercutting, which drives prices down. Then what? My competition does the same, driving all prices down. Whos benefitting? The avg MB user. If prices get to low, Im losing value on teh stock I have in attempts to undercut, so is my competition. Lets say they jump the gun and really UC. I buy out there stock, then repost at higher prices. I now have command of the MB on that item and can charge whatever I would like.

Another competitor comes along and UCs me. We start the battle all over again. I have to drop my prices to theirs to make sales. I can buy out there stock and just horde infinitely, I guess. But Im the only one losing money on that.Cause there will always be other people who will cumulatively have more resources than me to keep posting to the MB. Having a horde of items does not mean Im 'rich'. And the longer I have those items, the more volitile they become statistically. Meaning, longer I horde those items, more likely the price will keep driving lower and lower.

Also, who cares if Junk items get you to 50 Mil. Youre an anecdote, and not necessarily the trend (if you were, then getting rich would be something everyone would do). I dont confirm your point, btw, by stating that you can gamble on hoarding items to make huge profits. I said that to illustrate there are isntances where that may occur, but that broadly speaking, its a bad business practice. Any inventory youre not moving is a loss on your ' business'. Hoarding is a bad strat overall, especially as item accessibility tends to increase over time.

This all again, btw, has nothing to do wtih the app, as all that can do is change prices. You cant purchase from the MB, so you dont have the ability to buyout your competitors; only drive down prices.