UNDERCUTTING....

[Wolfie]

How are they not hurting themselves when they are making less money? lol

Well..I am not greedy and not one of those people who feel like I deserve 10m for stuff...but umm...what usually happens is the smart people hold onto the items until the supply runs out then they try to slowly bring it back up. I don't like greedy people or pricing items ridiculously high either..but I do not like selling stuff thats worth like 5k for 200gil because a bunch of derps wanna sell it super low >_<

I prefer the AH where you can't see the price others have it up for..but you can see the sale history. Compromise!

The people who undercut sell faster, sell more, and can use that money to invest in whatever sooner. You can hang on to your stuff and sell it in two weeks for 10 mil. But I've sold twice as much as you for 8 mil per week; who's the sucker now?

[Firon]

How are they not hurting themselves when they are making less money? lol

Well..I am not greedy and not one of those people who feel like I deserve 10m for stuff...but umm...what usually happens is the smart people hold onto the items until the supply runs out then they try to slowly bring it back up. I don't like greedy people or pricing items ridiculously high either..but I do not like selling stuff thats worth like 5k for 200gil because a bunch of derps wanna sell it super low >_<

I prefer the AH where you can't see the price others have it up for..but you can see the sale history. Compromise!

When you make a 100% profit you are not hurting your self. If i can sell 20 pairs of pants for 50k while your waiting to sell 5 for 100k i will always make more money.

The people who undercut sell faster, sell more, and can use that money to invest in whatever sooner. You can hang on to your stuff and sell it in two weeks for 10 mil. But I've sold twice as much as you for 8 mil per week; who's the sucker now?

This ^

[Wolfie]

You're still the sucker, because you could have gotten the same result by just selling it for 9.999.000

Besides you think you're the only one undercutting. You undercut to 8 mil, then someone else undercuts to 6 mil and then you get the guy who thinks prices are way too high and wants to be generous to the buyers: starts selling it for 2 mil

Ofcourse you still want to get rid of your items so you undercut that guy again and sell your items for 1.5 mil

and repeat.

Could I? What about the guy selling it for 9,998,000 half a day later? When I undercut to 8 mil, I not only shut out the people who want to sell for 10 mil, I shut out tons of other people who don't want to go as low as I do. An 8 mil price tag will also encourage my possible customers to purchase the item faster, because they're going to think "holy s**t, what a great deal!"

At the end of the day, I still make a profit that is acceptable to me, on my own terms. If I didn't, I would not be selling the item. If I get undercut to 2 mil, and the effort that I put into getting or making this item is not worth 2 mil, then I stop doing it and go find something else to do. This is what happens in real world economics, folks.

And fyi, you will never be able to fix the price of an item. It's impossible with a player-driven economy. That item will not stay at 10 mil forever and I don't know why you would ever want it to. If prices don't change, it means that your economy and game have stagnated.

If you want to see an example of how price fixing completely destroy's a game economy, do a little research into what happened with RuneScape's trade limits between 2007 and 2010. The game's economy was FUBAR.

LOL like that's ever going to happen.

The people who complain about undercutting have this ridiculous double standard where they expect to have the easiest and best solution every time. They're okay with buying the cheapest item because it's the first on the list and they save money, but they also want to never have to re-list their items, for their items to go fast, and to get more for them than their market value.

Would anyone like to address this point?

[KumaAkuma]

The people who undercut sell faster, sell more, and can use that money to invest in whatever sooner. You can hang on to your stuff and sell it in two weeks for 10 mil. But I've sold twice as much as you for 8 mil per week; who's the sucker now?

You're still the sucker, because you could have gotten the same result by just selling it for 9.999.000

Besides you think you're the only one undercutting. You undercut to 8 mil, then someone else undercuts to 6 mil and then you get the guy who thinks prices are way too high and wants to be generous to the buyers: starts selling it for 2 mil

Ofcourse you still want to get rid of your items so you undercut that guy again and sell your items for 1.5 mil

and repeat.

[Babydoll]

You're still the sucker, because you could have gotten the same result by just selling it for 9.999.000

Besides you think you're the only one undercutting. You undercut to 8 mil, then someone else undercuts to 6 mil and then you get the guy who thinks prices are way too high and wants to be generous to the buyers: starts selling it for 2 mil

Ofcourse you still want to get rid of your items so you undercut that guy again and sell your items for 1.5 mil

and repeat.

Yeah I was basically this. This x1000. lol.

[Firon]

You're still the sucker, because you could have gotten the same result by just selling it for 9.999.000

Besides you think you're the only one undercutting. You undercut to 8 mil, then someone else undercuts to 6 mil and then you get the guy who thinks prices are way too high and wants to be generous to the buyers: starts selling it for 2 mil

Ofcourse you still want to get rid of your items so you undercut that guy again and sell your items for 1.5 mil

and repeat.

Except while your trying to still sell for 10 mil we are making money selling it for 8 mil your the sucker i made 8 mil and you made nothing

[KumaAkuma]

Except while your trying to still sell for 10 mil we are making money selling it for 8 mil your the sucker i made 8 mil and you made nothing

If there is a "we" then you're not selling it for 8.