Not to mention that under cutting isnt killing the market, its gil buying that inflating it.

That 40k item isnt worth 40k just cause thats what gil buyers pay.

It cost me maybe 100k to level all (ALL, every single one, including level 50 quests) crafters to 50 (minus 45 cul). Aside from 50* and 50** items, almost nothing from 1-50 was worth more then 1-2k.

The exceptions being:
1) Anything that needs fishing (red coral, shark oil etc)
2) Anything mob droped that is currently bot farmed (fleece, diremite web)
3) anything that only drops from leve mobs (pudding flesh)

I can mine, and make a cobalt sword from raw materials for less than 1k, why would I charge 20k for something that is barely worth 2k for time/effort?

Here is a hint, if your selling an item, and i find it on xivdb for half your asking price FROM A VENDOR....your over asking.

We dont need blind bid, and even ffxi it wasnt truely blind cause you could see the history of how much an item went for.