FFXIV ECONOMICS 101

[Ginga_K]

Well... higher e better but if its priced too high,
e game fails.... like Diablo3, items were like 100-900million gil,

there after MB was shut down eventually coz players were greedy.

[Eye_Gore]

“The superior man understands what is right; the inferior man understands what will sell.”
― Confucius

[kidvideo]

Those who complain about undercutting, know the price of everything and the value of nothing.

[Baneus]

“The superior man understands what is right; the inferior man understands what will sell.”
― Douchecius

Fixed that for you.

[Moqi]

Today I undercut everyone by crafting an starter crafting HQ set for free for my friend woooo. And I even threw an HQ cnj weapon to a girl that was chatting with us.

I also bought 22 Ice Ward Potion and resold them to a NPC, making a whooping 126 gil. Master of the undercutting and wizard of the market board!

[ClaireAbigail]

snip
― Confucius

Let's reverse that shall we? "The inferior man does not understand what is right. The superior man does not understand what to sell"
Does it make sense? Nope. Same with your quote. All quotes are hypocritical and does not prove anything.

What makes a man superior? What makes a man inferior? Who are you to judge which one is superior and inferior? In the end it's all a matter of perspective. Here's the cold hard truth: in life there are winners and there are losers. Period. Just because you ended up with a bad sales transaction or you got undercut you can't just pat yourself in the back and just call yourself a good person. Deal with it. Get better. Neither the buyer nor the seller was the inferior or superior. IF one of them did something illegal then that's a different matter but undercutting is NOT illegal

[Ooshima]

Criers of undercutting are actually the most hypocritical.

Talking about economics 101? Economics 101 actually tells you that in a free market, when you have competitors it is actually GOOD, because it forces the producers to find methods to cut costs and also innovate. Consumers get quality products at attractive prices.

On the other hand as many have said, price setting is actually illegal in most jurisdictions.

Now that is economics 101 for you. Now either find cheaper ways to craft such as gather your own mats, or find another more profitable market/item to sell.

[Eye_Gore]

Let's reverse that shall we? "The inferior man does not understand what is right. The superior man does not understand what to sell"
Does it make sense? Nope. Same with your quote. All quotes are hypocritical and does not prove anything.

What makes a man superior? What makes a man inferior? Who are you to judge which one is superior and inferior? In the end it's all a matter of perspective. Here's the cold hard truth: in life there are winners and there are losers. Period. Just because you ended up with a bad sales transaction or you got undercut you can't just pat yourself in the back and just call yourself a good person. Deal with it. Get better. Neither the buyer nor the seller was the inferior or superior. IF one of them did something illegal then that's a different matter but undercutting is NOT illegal

People are way too serious, it was a joke. Lighten up.

[Giantbane]

The market board is another game unto itself. Undercutting is either a tactic or an indicator that a market has bottomed out. Nothing more.

Let's reverse that shall we? "The inferior man does not understand what is right. The superior man does not understand what to sell"
Does it make sense? Nope. Same with your quote. All quotes are hypocritical and does not prove anything.

What makes a man superior? What makes a man inferior? Who are you to judge which one is superior and inferior? In the end it's all a matter of perspective. Here's the cold hard truth: in life there are winners and there are losers. Period. Just because you ended up with a bad sales transaction or you got undercut you can't just pat yourself in the back and just call yourself a good person. Deal with it. Get better. Neither the buyer nor the seller was the inferior or superior. IF one of them did something illegal then that's a different matter but undercutting is NOT illegal

you're going a little off the rails here

[Kat_Manx]

The items in FFXIV have only one value: Time.

It's really as simple as that. Price your time as you want.