How do you react to being undercut?

[Darkwerk]

Snip: The Wall-Mart Example..

I could argue that wall-mart thrives on abusing a corrupt system and their employees. While sending employees on to public service programs they rake in profits and tax breaks.

In our game world the RMT represent Wall Mart exactly. They abuse bots and other means to have zero invested in a product , thus pushing everyone who is not corrupt out of the market.

In real life our government backs wall-mart, as they get kick backs in many cases. In our game world however action has to be taken(as SE gets no kick backs), even if it appears to be socialism ..Thus we can not treat the game market the same as the market is treated in real life, unless yall want to see the rise 'of the Occupy Hawkers Ally movement. ...

[gadzi_h]

People constantly manipulating price of certain materia.

example: This was sold with 4.5k gil last night when i went to bed.

Wow those are some really big swings. 4x profit. Materia seems to be where the money is right now. Everything else seems to be giving diminished returns.

[Zigkid3]

People constantly manipulating price of certain materia.

example: This was sold with 4.5k gil last night when i went to bed.

There's only 13 of those, so it's pretty easy for someone to buy up the market and monopolize on it. I'm not sure if you took a follow up screen shot to see if those actually were all able to sell for 20k each, since people can look at the history and just wait, and the person who thought they were being clever might have to lower the prices a bit until they buy.

I remember a while ago I got back from a party, I was pretty drunk so I felt overly confident in myself, I bought up a ton of Strength III materias in an attempt to jack up the price. The next day I get on, sold only a couple and a bunch of other people flooded the market with Strength III materias and drove the price down to it's original price, lost a lot of money that day.

[Zigkid3]

I could argue that wall-mart thrives on abusing a corrupt system and their employees. While sending employees on to public service programs they rake in profits and tax breaks.

In our game world the RMT represent Wall Mart exactly. They abuse bots and other means to have zero invested in a product , thus pushing everyone who is not corrupt out of the market.

In real life our government backs wall-mart, as they get kick backs in many cases. In our game world however action has to be taken(as SE gets no kick backs), even if it appears to be socialism ..Thus we can not treat the game market the same as the market is treated in real life, unless yall want to see the rise 'of the Occupy Hawkers Ally movement. ...

(Bias' aside on how you view Walmart), You can't just compare a single firm to an entire economy.

[coffeeking]

it's annoying i react by ignoring it!

[Darkwerk]

No bias in how i view Wall Mart, that is their business model..Manufacture goods in a cheap communist society and sell them in a capitalist society. Also i can use it as an example for our economy because it is the way many of our major company's do business. Apple,Wall Mart, whatever.....
The only big difference is that in game you can put yourself in the Big Banker seat just by coughing up some IRL cash to the BOT farmers. Thus having a vast fortune insta printed for you.
it take a very dedicated gamer to not fall for that ploy. Who wants to be broke and scrubbing? That is why you get all of us who care at all arguing between each other on forums (preaching to the choir).
The company in charge has to step in and firmly stop the cheating and dampen its effects however they can. Removing the ability to openly manipulate visible price listings is one step I think should be taken. Not a step that would be perfect in a bot free utopia game none of us have ever played or seen.

[Alexander_Dragonfang]

Since i have began to farm and craft all my materials by self, or im having friends to do it for me, i can drop my prices to the very ground and still having profit, so undercutters are not a problem anymore. Even more, time to time this "heavy" undercutter shows off and i flip him. Undercutting is a nuisance for those who buy their materials.

[scarebearz]

If someone undercuts me by a silly amount, I sometimes then drop to or below cost.

Hopefully they undercut me again (usually by a small amount funnily enough!), then I buy their items and put mine back up.

Don't usually see these people selling the same items again anyway

[Xystic]

Undercutting is a nuisance for those who buy their materials.

Undercutting is a blessing for those who buy their materials. You are mistaken.

[Zigkid3]

Undercutting is a blessing for those who buy their materials. You are mistaken.

seconded.
if people undercut each other, then you as a buyer will get it for a cheaper price.