Those low prices on the market board...

[MomomiMomi]

+1 for undercut the hell out of people who undercut by 1 gil. If you want your item listed at the top, offer the buyers an actual better deal than I am.

[Omymy]

+1 for undercut the hell out of people who undercut by 1 gil. If you want your item listed at the top, offer the buyers an actual better deal than I am.

Had to be a potato.

[Liam_Harper]

The rage over 1 gil undercuts baffles me, because it's among the most courteous, generous behavior towards the fellow seller that you'll see on the MB.
A 1 gil undercut is meaningless if the buyer is in a different location to your retainers market. If your retainer is an Ul'dah seller and the buyer is in Limsa, they'll most likely buy items from a Limsa seller and ignore your 1 gil cheaper in order to save significantly more in tax. Sure, some players don't understand tax, but in general someone undercutting you by 1 gil still allows you a reasonable chance to sell your item first.

Now, a seller like me will undercut you just out of tax range and guarantee to bump your chances of a sale first to 0% and I'll draw no rage because I'm undercutting by a "fair" 1-5k or whatever. I don't get it.

[Losara]

I've not seen my items shift to the top just be relisting them. If this is how it's supposed to work, it's not doing so consistently. When I list for 1gil less, it does shift my items up.

As for the taxes part, I've been considering moving my retainers to limsa for a while. I hadn't considered the taxes this deeply, but this is a good reason for me to do this tonight when I get home.

I've found if you are listing a new item at the same price as the previous retainer e.g. Retainer A selling an item at 9000 gil and Retainer B lists the same item at 9000 gil then Retainer B will replace Retainer A as the top of the MB list but at the same gil price. However if Retainer A and tried to re-list the item at the same price it won't move their position on the MB at all and they would need to completely remove the listing off the MB and re-list again to replace Retainer B at top of the list at the same gil price.

Most players undercut by 1 gil or more which avoids this situation though. I personally undercut by 1 gil at a time since its the easiest thing to do since you can use the + and - symbols on the right side which is faster than typing in something.

[Taebok]

I'm not seeing any economies destroyed. I've still profited quite well so far this patch despite selling many items for less than I did in the past. Perhaps you're focusing on the wrong items to sell or have your per item profit expectations set too high?

For the economies to be destroyed, the majority of items would need to be selling below the sell to vendor prices. While there is a small percentage of items that are that low, most items are still far above it.

When items that for years have been selling, and selling briskly, at 200-600k are now being sold for 20-40k, and in a lot of cases, less than vendor price, the economy is broke.
And for "maybe you're selling the wrong items".
It's right across the board on everything.
The only things not selling for next to nothing are items bought from the mog station that no one buys anyway.
(30 million for a pink tree anyone?)

SE took something that wasn't broke and fixed it.

[MomomiMomi]

The rage over 1 gil undercuts baffles me, because it's among the most courteous, generous behavior towards the fellow seller that you'll see on the MB.
A 1 gil undercut is meaningless if the buyer is in a different location to your retainers market. If your retainer is an Ul'dah seller and the buyer is in Limsa, they'll most likely buy items from a Limsa seller and ignore your 1 gil cheaper in order to save significantly more in tax. Sure, some players don't understand tax, but in general someone undercutting you by 1 gil still allows you a reasonable chance to sell your item first.

Now, a seller like me will undercut you just out of tax range and guarantee to bump your chances of a sale first to 0% and I'll draw no rage because I'm undercutting by a "fair" 1-5k or whatever. I don't get it.

If it's so courteous and 1 gil is meaningless if they're in a different location, then how about you price your item at 1 gil above the current top listing? That seems even more courteous if I follow your logic.

[Barraind]

]

A 1 gil undercut is meaningless if the buyer is in a different location to your retainers market. If your retainer is an Ul'dah seller and the buyer is in Limsa, they'll most likely buy items from a Limsa seller and ignore your 1 gil cheaper in order to save significantly more in tax.

Thats only true on items where the tax is a meaningful amount. Tax on low cost stuff isnt worth the time it takes to zone around, especially if its in a city that doesnt allow world hopping.

If I'm mass buying anything cross world, the odds I'll ever waste any time zoning out of lagsa lower decks is 0 unless the tax starts hitting tens of thousands of gil.

[Tomoebi]

The rage over 1 gil undercuts baffles me, because it's among the most courteous, generous behavior towards the fellow seller that you'll see on the MB.

this true but i asked some people on my local ffxiv FB page, and some of them will just buy whatever in top.
although, from my experience if it has a good number of stack even though its more expensive people will buy it.

but 1 thing for sure is, if you undercut me by 1 gil. it means war, and with the power of the monetarist scum of the Great Ul i will destroy you.

When items that for years have been selling, and selling briskly, at 200-600k are now being sold for 20-40k, and in a lot of cases, less than vendor price, the economy is broke.

IMO, no one should overthink FFXIV economy, it doesnt follow real life logic. example a lumber that need 4 logs to craft, sold for the price of 2 logs.
then you said, why not just sell the logs instead of the lumber?
the answer is exp point, i assume some people just mindlessly grind the shit out of their crafter and sold the excess for really cheap. they got exp, and also got some of their money back, for some people this already worth it.

sometimes there is also a condition where there is more seller than buyer for a certain item at a certain time, and this will make the price crash. this happens a lot.

[Keridwyn]

IMO, no one should overthink FFXIV economy, it doesnt follow real life logic. example a lumber that need 4 logs to craft, sold for the price of 2 logs.
then you said, why not just sell the logs instead of the lumber?
the answer is exp point, i assume some people just mindlessly grind the shit out of their crafter and sold the excess for really cheap.

Actually there are several answers. The logs might be used elsewhere. There might have been a buyout leaving only higher priced logs. Also possibly gatherers just haven't been gathering the logs and nobody's been using the lumber. Or rabid undercut wars racing to the bottom.

Flip side, might be harder to sell logs than lumber. People might be mid project and buy one lumber to finish it 'now' over logs they have to put their own shards/crystals/clusters into.

[ForteNightshade]

Other people valued the time/effort they put into making stuff to be less than you did. It happens.

Not really. It's because they made crafting a complete joke. That's the only reason stuff has become so cheap. Well, that and bots.