Please Squeenix, implement blind bids on the markets...

[Nica]

lol I don't know how much crafting you do or how often you try to sell things

A lot.

but this is not the right approach.

It is.

If we continue to lower our prices the way we have, there won't be any market left and gil will be useless

No, that's not how the market works. Assuming demand remains static, as price continue to be pushed lower by oversupply, more and and more producers will stop production due to the lower profit, thus starting to decrease the supply, until the market reaches a equilibrium.

The real problem here is that the way SE has set things up atm has resulted in an economy with limited demand - there is almost no demand for non-endgame gear due to the game throwing enough free stuff at people to cover all of Eorzea twice. And the endgame gear are either not good enough (militia), or too expensive (ilvl70+materia) for the majority of the player base. Add in a double whammy via the relative uselessness of materias due to there being no slot on dungeon gears, what you end up with is an economy that consumes very little.

It would be amazing if there ISN'T major undercutting with the way the system is setup.

[Kuvu]

lol I don't know how much crafting you do or how often you try to sell things but this is not the right approach. If we continue to lower our prices the way we have, there won't be any market left and gil will be useless

Check their loadstone out, no crafting. Beside of just finishing AK yesterday nothing to note of. they is just trolling and they have been doing the same in multiple threads.

[ispano]

Check their loadstone out, no crafting. Beside of just finishing AK yesterday nothing to note of. they is just trolling and they have been doing the same in multiple threads.

Feel free to check mine out. Undercutting is part of how the economy works, I won't go into details because many others in the thread already have. If anyone is trolling, it's the OP.

[Starplayer]

Feel free to check mine out. Undercutting is part of how the economy works, I won't go into details because many others in the thread already have. If anyone is trolling, it's the OP.

Hahahaha trolling? Of course you would say that because you don't agree with my point of view, what else could I expect. Like many others who post here, I'm just concerned about something and I sought out the forums to voice my opinion and seek feedback.

[Ramzal]

So the problem is capitalism?

Seriously though, it's fine as it is. It's a competition towards funds by selling goods. It would be a mess if we couldn't see what others were selling the item for. I like to think of my retainer as--say---a economic spy who can get me the info I need on prices so I can come out on top. It's fine how it is.