A massive issue with current markets and how to really fix it.

[Zigkid3]

Behold the 10 lowest postings in that market:

1. 39997
2. 39998
3. 39999
4. 40000
5. 40001
6. 40002
7. 40003
8. 40004
9. 40005
10. 40006

So what's happening here? Since the people buying the item don't care about the price as long as it is below 50000 and above 3000 (i.e. in Supply-Demand graph, there is a vertical line at 10 quantity from the price=3000 to price=50000), and there is a far higher supply around price=40000, people who think there are enough active will try to undercut the price of other people by 1 gil. As long as on average they make more money per time spent crafting and undercutting this way compared to dungeon-running, they will keep doing this.

Who are getting hurt by this? It is not the casual sellers, since those could just simply list at the 16842 gil to make enough profit to make it on par with dungeon-running.

Have you ever been to an auction before? How often does a car up for auction go from 20,000 to 20,001, to 20,002....? you don't. you'll see it go from 20,000 to 20,500 to 22,000 to 22,200. there will be jumps. yes, some people will undercut by a gil, but there will be people willing to make bigger jumps which will force everyone else to do the same.

You even contradicted yourself when you said that the casual sellers will continue to list at 16,842. If that is the case then the lowest price will be set by the casual sellers at 16.8k and no one would even bother to buy the 39k+ ones because the 39k+ ones that you said are the lowest postings, are actually not the lowest postings.

I'm going to go buy those 16.8k ones instead. good luck trying to sell at 39k unless you drop it to 16.8k like the others.