Item Duping???

[Tupsi]

What? Buying low and selling higher is how a market works.

^ Except people in XIV tend to buy low and sell even lower.

[indira]

its the stuff people are selling way under price then the average is like 2-3 times more so there stupid undercutting is helping out the RMT. also the bot killing stuff can have materia in about 1hr 30min do that 24/7 then it adds up.

[Hanabira]

The biggest question here is why sell a stack full stack of 99 materia?

[Seryne]

The biggest question here is why sell a stack full stack of 99 materia?

Another question would be who would buy a full stack of 99 materia?

[Hanabira]

Another question would be who would buy a full stack of 99 materia?

thats what i meant.. why sell a stack of 99 because no one is going to buy it

[LineageRazor]

Dat fifth overmeld.

[Hiraki]

People like that are the reason why we need the ability to buy singles out of stacks again.

[Sivara]

I have seen this (listing multiple stacks of 99 of items that take time to accumulate via crafting, spiritbonding, or gathering) for a while and I've been swearing up and down to my FC that it is from item duping or botting.

In related news, some bonehead on Sargatanas (not going to name names) listed large stacks (55, 40-something, etc.) of Quickarm III materia for ~2K per item when it was going for 8K consistently. It immediately crashed the price to 2K and under as everyone else followed suit and undercut when they listed their individual pieces and single-digit stacks. I saw the same retainer doing the same thing on another item, though I don't remember which item it was. I really don't know what their motive is to dupe/bot so many items and deliberately crash the price unless they are just trying to move a high volume of goods as quickly as possible, even if it does mean making less gil and screwing up the economy for themselves and everyone else in the long run.

[Welsper59]

I have seen this (listing multiple stacks of 99 of items that take time to accumulate via crafting, spiritbonding, or gathering) for a while and I've been swearing up and down to my FC that it is from item duping or botting.

In related news, some bonehead on Sargatanas (not going to name names) listed large stacks (55, 40-something, etc.) of Quickarm III materia for ~2K per item when it was going for 8K consistently. It immediately crashed the price to 2K and under as everyone else followed suit and undercut when they listed their individual pieces and single-digit stacks. I saw the same retainer doing the same thing on another item, though I don't remember which item it was. I really don't know what their motive is to dupe/bot so many items and deliberately crash the price unless they are just trying to move a high volume of goods as quickly as possible, even if it does mean making less gil and screwing up the economy for themselves and everyone else in the long run.

That's online gaming economics for yah. A world where the uneducated/uninformed have equal control to everyone else in the market. Not to mention the corrupt (e.g. RMT) being willing to monopolize prices at rates far below the average players worthwhile time.

It sometimes works out to everyone's benefit though. A perfect example would be 2-star equipment. Sure, the profit margins dropped noticeably, but the sale rate has gone up even more (at least for my server). What used to sell once a month, if not longer, now sells several a day. If people simply focus on larger, immediate income (especially when it deals with something that sells slowly because of the cost), they're not looking at the big picture, and will likely fail miserably as a result. In the last week, I've made over a million gil, slowly selling things in a non-aggressive manner, and am nearing two mil. I know it'll sell eventually, and my profits are proof of that. A million is fairly significant on Leviathan's economy.

[Toranja]

Maybe market manipulation... Just buy up all lower costing items and sell for a higher price.

Not enough and not adequate to the situation.