Guess what WoW is doing with their auction house!!! Xd

[Alisi]

NO! I love being able to dominate sections of the MB -- or at least try. It's economic PVP for me. Bwahahahahaha! The only thing from WoW we need is their glamour system. That's all.

Why do people dislike undercutting so much?

Because they've never felt the joy of buying things cheap and reselling for a profit. There's a guy who posts stuff for like 25% of what it's selling for daily. I buy all that stuff up and resell for a profit. You go dude! Keep trucking and selling really cheap. Makes things easier for me.

[Valkyrie_Lenneth]

Guess that means this game is doing WoW dungeon mythic+, raids, and world quests so world zones aren't dead empty 3 month after expansion launch right...right??

oh..
SE: Pleaseo Understando, New Game+

Ah yes, because everyone loved the fate requirements and forced over world portions of the 2.0 relics, keeping the overworld busy.

[gbfrfrbhtfgdbngf]

Undercutting bots are running rampant in his game and SE won't do anything about it even with video proof.

[alimdia]

Then don't. I undercut once a day, sometimes twice. Markets are volatile, they can't keep dropping in price forever so undercutting endlessly is unnecessary. Stuff will always sell in the end.

It depends on how much money you plan to make. Ultimately people who undercut more will always sell more items than you. Your belief is that once their sells yours will next, but that's not how it works for many markets, once theirs sells they list a second one and try to sell it before yours, and then a third, a fourth, etc. The only time yours gets sold is if you happen to undercut during a time they can't undercut, or if they don't put another item up once theirs sells.

[Videra]

Guess that means this game is doing WoW dungeon mythic+, raids, and world quests so world zones aren't dead empty 3 month after expansion launch right...right??

oh..
SE: Pleaseo Understando, New Game+

While I'd love all of those things, you know as well as I do that SE will never stray too far from their formula.

[Omymy]

Guess that means this game is doing WoW dungeon mythic+, raids, and world quests so world zones aren't dead empty 3 month after expansion launch right...right??

oh..
SE: Pleaseo Understando, New Game+

Mythic+ with RNG drops its garbage.

FFXIV raids are better by far.

Even the most WoW fanboys hates world quest system.

[Angellos]

WoW's new system:

80 people put up a new item: {Special Ore} for 100g each.
150 people put up a new item: {Special Ore} for 50g ea. (They're now at the top of the list. Aka, they undercut.)
40 people put up a new item {Special ore} for 20g ea. (They're now at the top of the list. Aka, they undercut.)

The 80 players at 100g make no money
The 150 players at 50g make no money
The 40 people at 20g sell out

The market is now tanked and it's only a buyer's market.

Edit:

Let me go on to elaborate. In the real world, our economy thrives on competition. This ensures that inflation doesn't go out of control by one business lowering their prices SLIGHTLY to compete with a more popular competitor, which forces the popular competitor to in turn lower (SLIGHTLY) their prices - and give some other incentive to their customers to buy from them instead of the competition.

This system doesn't allow for incentive based competition. IE: I needed black dye the other day. I only needed 5 black dye. People were all selling the dye in stacks of 99, at 500g per dye.

I ended up paying 15k for five dye, because while per dye it was FAR more expensive, I paid less in the long run than had I purchased the stack of 99. (49.5k)

The above example is incentive based competition. The incentive was: Paying less overall because I offer my goods in smaller stack sizes.

Sure, now I, the buyer can just buy however many I want from a stack. Great! .......... If I'm a buyer.

Meanwhile the sellers and crafters keep watching the market tank due to undercut after undercut - with no way for them to give the buyers an incentive to buy at a more reasonable price. The only recourse they have is to also list their goods for rock bottom prices if they want to sell anything at all.

This system allows the best prices for BUYERS, while really punishing those selling. This is going to lead to far more people opting to take the risk and buy gil from the bots, the bots (That are running rampant) will tank the market on items even more than they are doing so now - and it will make the instances of botters more prevalent than we see it today. This, for THIS game, is a sheer awful, idea. WoW has all but eradicated their botting problem: I can't say the same for XIV. In fact, the bots are just getting worse here.

[Maeka]

This system allows the best prices for BUYERS, while really punishing those selling. This is going to lead to far more people opting to take the risk and buy gil from the bots, the bots (That are running rampant) will tank the market on items even more than they are doing so now - and it will make the instances of botters more prevalent than we see it today. This, for THIS game, is a sheer awful, idea. WoW has all but eradicated their botting problem: I can't say the same for XIV. In fact, the bots are just getting worse here.

Better than the current system that punishers the buyers in favor of rich mass-sellers who force buyers to buy way more than they actually need.

I hate seeing a GC quest for fish for example come up that wants 3 fish. Go tot he MB and wouldn't you know it, everybody is listing 5s.

I don't want 5.
I want 3.

AND THEY KNOW THAT.

They know that desperate FSH will buy their stacks of 5 and screw them over, because they know you only want 3. And then when you try to sell the 2 extra, no other FSH will buy it because it leaves them 1 shy of completing their quest and they'd have to buy your 2 + someone else's 5, so you can't even really sell the extra very well at all.

They do it on purpose.

So we make things a little harder for ultra-rich mass sellers. Please forgive me if I don't shed tears for the people who have hundreds of millions of gil if such a system would cut into their profits in favor of the buyers who don't have anywhere near as much money.

80 people put up a new item: {Special Ore} for 100g each.
150 people put up a new item: {Special Ore} for 50g ea. (They're now at the top of the list. Aka, they undercut.)
40 people put up a new item {Special ore} for 20g ea. (They're now at the top of the list. Aka, they undercut.)

The 80 players at 100g make no money
The 150 players at 50g make no money
The 40 people at 20g sell out

The market is now tanked and it's only a buyer's market.

One, that's hilarious because buyers already buy the cheapest stuff on the market, and everybody has their limit as to what they are willing to pay. If I see 40 items for 20g and the next one up is 50g, I'll buy the 20g and then when I get to the 50 I'll grumble... depends how badly I need it. I might just say "screw it I'll get it myself." I definitely won't pay 100g, though, if the majority of people are selling at 50. Maybe the people selling at 100g should take a look at it and understand that 100g is way too much if there are 150 players selling at 50g. The current system already works like this.

I'm sorry, but some people want way too much for their stuff.

And if 40 people sell the 20g out, and then the next one up is 50g, I'm sure those would sell too. The 100g people can just eat their listing fees IMO. Price your stuff competitively and your stuff won't sit on the AH unsold. You say it's "convenience" that you pay more for bulk.... uh, IRL, it's the opposite. You're supposed to get stuff cheaper in bulk. Why would I want to pay more for larger stacks? That's the opposite of how it should be.

[gbfrfrbhtfgdbngf]

So we make things a little harder for ultra-rich mass sellers. Please forgive me if I don't shed tears for the people who have hundreds of millions of gil if such a system would cut into their profits in favor of the buyers who don't have anywhere near as much money.

In that case why not full out allow everyone to bot?

[Liam_Harper]

It depends on how much money you plan to make. Ultimately people who undercut more will always sell more items than you. Your belief is that once their sells yours will next, but that's not how it works for many markets, once theirs sells they list a second one and try to sell it before yours, and then a third, a fourth, etc. The only time yours gets sold is if you happen to undercut during a time they can't undercut, or if they don't put another item up once theirs sells.

They'll sell more items indeed. My experience however is that at least some of your items will either sell before the undercut, sell before they remake new ones or sell to someone at your retainers city who's avoiding tax. I like to dip into multiple markets and I'll avoid certain markets that are prone to heavy competition or are lower profit. Currently on my server the Reuse market is a goldmine and Facet gear, food and potions aren't great at all.

I mention this because some people seem to believe you "need" to undercut constantly to make any gil at all, while you can take it quite relaxed and still accumulate a large sum over time. I'm reaching the 2 billion mark myself, do you really need more than that as an average player?