Marketboard insanity

[Alavastre]

Undercutting is great if you're buying.

Not that gil is a problem anymore with your challenge log, getting gil for each kill in dungeons and the lowering of repair costs.

I suggest if you want to make gil, your provide stuff that people really want that's not easily attainable. Otherwise, there is just too much supply and not enough demand. And that is life.

[mindful]

Actually as much you hate it. It is fair. First you got to think how many players in the game got that amount of gil to buy a item at a insane price. Then you got to think why are there so many for sell or is it really that rare. And is it popular or is it going to be popular. If you feel it will be then buy them all up. And resale them at what you feel is the fair market and then get the gil back at double or more. If guess wrong well lose out like in the stock market.

Now for the broken part yea the people undercutting the npc price is a waste of everyone time and the fact they lose gil from the tax is just stupid on there part selling and, there should be a no tax if you are the buyer of a person under sale the npc asking price. That way the people that decide to play the market board game can clear all that junk out and npc for a profit to themselves.

[Foo01]

So what if someone prices it at 499K vs. 699K. Big whooping deal. If you believe your price is right, then buy the darn thing at 499K. Put your money where your mouth is. Buy and then resell it for 699K. After taxes, you should still come out ahead like 150K or more. Why doesn't the OP just do that? Or any of your whiners that want to have listing fee?

The under-cutters are give you flippers a chance to make a windfall. Isn't this the obvious situation for buy low sell high? What you ain't got the guts for this? Then shut the _____ up!

You know where the insanity is? The same item priced below 499K has all sold, but you think you can gouge other players for 699K or more, and there are almost 1 dozen of you greedy mean crazy fools insisting that all the other players be gouged for 699K. Seriously that is the insanity!

And quit telling me and other buyers that we should have to pay more for your crap. It is NOT going to work. The market board as it is great. It works good. I sell my stuff just fine. I always aim to be priced to be second lowest. If the market is there, by being the in between price, I get the stuff to sell within a week and i get good gains. Undercutting by a gil is just a wast of time. Put yourself in the buyers shoes, and price accordingly and it will sell.

[Teirshin]

So what if someone prices it at 499K vs. 699K. Big whooping deal. If you believe your price is right, then buy the darn thing at 499K. Put your money where your mouth is. Buy and then resell it for 699K. After taxes, you should still come out ahead like 150K or more. Why are doesn't the OP just do that? Or any of your whiners that want to have listing fee?

Maybe because as the OP I'm BUYING the stuff not selling and was mostly amazed how much of my money they werent' going to get.

Way to go reading the thread and paying attention before criticizing, but I guess its easier to just bitch people out.

And for those who said the screenshot was useless without the info on what sales had been made and for how much, I made a reply with that info as well.. if you look on page 1....

[PandaPause]

I sell 3* full cost or with your mats at rate as cheap as that because I like charging fair price and I get pm-ed by other crafters from our server saying I am "destroying" the 3* market just because they want to keep everything over 1mil to squeeze out gil buyer money. Fun Stuff.

I am so happy you are not on my server.


On a side note I would like to see SE bring back Bazaar's.

[Foo01]

Maybe because as the OP I'm BUYING the stuff not selling and was mostly amazed how much of my money they werent' going to get.

If you are buying stuff, then what missing gil are they NOT going to get? You buy the lowest price one, then the next sale will be at the 699K range. So they will get the gil they want. It is NOT going to go missing, unless everyone else with a brain agrees that they have no interest in giving away gil to the price gougers.

Heck it could all be a setup, with them and their friends. 9 out of the 10 price things high and one prices at 20% below because it is their turn to make the sale. And then they switch it up one you make your purchase. They have people deliberately being shills. It is just like the bogus MSRP, or suggested retail price that no one ever sells at, but they will be listed anyways to make you buyers think you are getting the deal of the century.

If you are the buyer, I suggest you get smart fast!

Repeat after me, there is only one price, the price things sell at. It is the only price the market acknowledges and respects. The prices for things that never sell, they might as well not exist. And FWIW it is the same way in real-life. Paying more for more/better/higher quality is a to be deliberated carefully, but paying more for the same lousy crap(or worse) is nothing to be proud of, just makes you poorer, or increases your costs, you liabilities, debt-load, and/or your risks. Simple fact of life, real life and online, you are only getting a deal, when you get it for less than someone else, i.e. someone else had to be the sucker having paid more.

And the last thing the market need is stupid inefficiencies like listing fees. That helps no one, not even the greedy sellers themselves. Slowing down the market does not make the sales any better or get higher prices or more volume. If just make for a slow market, and nothing selling. The extreme version of that is north-Korea, and less extreme are the third world countries where you have rampant crony-capitalism with corruptions and bribes.

BTW, it is said that insanity means doing the same thing over and over and expecting a different result. Guess what, these greedy sellers keeps overpricing stuff over and over and it does NOT sale, and they are expecting that it would be sold magically.

[mbncd]

I think a listing fee would be a good thing.

As it is now, no one has any reason to commit themselves to the prices they set. A lot of people would be less inclined to enter market-crashing undercutting wars if there was a penalty of any kind involved. Sure people would still undercut, and those who were determined would swallow the penalty and do what they've always done, but a lot of the people that do it now do it because there's nothing to lose. The undercutting could go from 500 people fighting for the lowest price to 5 people.

That results in a more stable market overall, allowing everyone a decent chance to work for their gil in something they can still be confident will sell for more than NPC price an hour later when they've actually had a chance to make/farm/whatever it. Buyers will also be able to study market trends and still get good deals without unpredictable volatility that makes the current market more of a lottery than an actually reliably workable system. They'll also be able to sell things themselves for reasonable prices, thus being able to afford the so called gouging with a little effort rather than the less scrupulous things some are obviously attempting.

A stable market is a good thing for both buyer and seller, especially as most people are both to some degree.

[waldo]

My issue with the MB is when people sell it for way less than a vendor would pay. is frustrating going out gathering only to find everything you have gathered has crashed in price to less than vendor within the hour

I personally love this.

Buy for 20 Gil each, walk 4 steps to npc and sell for 40 Gil each.
There is no better way to make money

[Everjams]

My issue with the MB is when people sell it for way less than a vendor would pay. is frustrating going out gathering only to find everything you have gathered has crashed in price to less than vendor within the hour

this is where I buy up all that and just sell it to vendor myself. instant profit

[Nicobo]

Talk about crashing the market on something... wowzers.

I mean, its something I want, so yay me for bargain prices but... wow.



No wonder the economy is sooooo borked. I know people want their stuff to sell first, but dropping nearly 200k in one shot seems.... stupid beyond all reason??

Maybe I just dont get it, but oh well, saves me a fortune.

Sometimes, the highest listing and the lowest listing are listed by the same player. ^^;
Anyway, if it worths $680K, why not buy it for 499K and resell at 599K?