Undercutting

[Dashuto]

It is quite possible I will be found out for posting this.

But I have made sure my retainers on my server can be recognized by sight, and are notorious. I do massive amounts of selling and repurchase through them, and I always use them to make a point.

Any time someone undercuts me, I undercut them very severely, and I am willing to crash/ruin the specific market we share just to teach them that lesson. I have even crashed a market because of people attempting to purchase from me and then resell with a price fix. I make them regret that thoroughly as well and sell at a loss.

It has taken almost a year, but now people seem to know who my retainers are, and they patiently wait their turn behind mine for its stuff to sell. This has paid off in the long run. There is occasionally an ignorant undercutter, and I quickly ruin their life unless it is not worth my time. This works out, as I like to diversify my options when possible, so I prefer to put a handful of items up in each market I'm working with and wake to them having all sold overnight. When I actually want profit, I avoid flooding and ruining.

I will not pretend I am a good person, but business is business, and I will be as ruthless as I need to be to come out on top. I find it a little entertaining maneuvering back and forth with people employing my same strategies.

[Scootaloo]

snip

No, your stupid. Undercutting is one thing but crashing an in game economy for the personal satisfaction of "Whoo! I taught them a lesson!" is down right borderline retardation.

The only thing your doing is making sure the people who don't have the gil to buy items on your server suffer more than they already are because you wanna know what happens after a market crashes?

It inflates ten fold.

We're seen it happen everytime the stock market crashed in the real world.

Once the economy recovers from the crash, businesses jack up their prices in an effort to recover the profits lost, the result is the government being forced to print more money to counterbalance this inflation.

The difference between in game economies and real life is that no extra money can be put into circulation by SE.

[Defteros]

No, your stupid. [/B]

Ewwwww.
/10char

[Dashuto]

know what happens after a market crashes?

It inflates ten fold.
.[/B]

Yes, precisely.

And?

You should read my post more thoroughly, I benefit greatly from this instance, and I strike down others who attempt to do the same as me.


I'm honestly not so ruthless in anything else but the gil- if that means anything at all to you.

[Squa11_Leonhart]

No, your stupid. Undercutting is one thing but crashing an in game economy for the personal satisfaction of "Whoo! I taught them a lesson!" is down right borderline retardation.

The only thing your doing is making sure the people who don't have the gil to buy items on your server suffer more than they already are because you wanna know what happens after a market crashes?

It inflates ten fold.

We're seen it happen everytime the stock market crashed in the real world.

Once the economy recovers from the crash, businesses jack up their prices in an effort to recover the profits lost, the result is the government being forced to print more money to counterbalance this inflation.

The difference between in game economies and real life is that no extra money can be put into circulation by SE.

Again.

DO NOT, compare stock to commodity.

[Destain]

No, your stupid. Undercutting is one thing but crashing an in game economy for the personal satisfaction of "Whoo! I taught them a lesson!" is down right borderline retardation.

The difference between in game economies and real life is that no extra money can be put into circulation by SE.

It's "You're stupid" genius. Yes SE could put additional Gil into circulation rather easily. Quests or a quest with a high gil reward.

[Fyrebrand]

It is quite possible I will be found out for posting this.

But I have made sure my retainers... are notorious
I always use them to make a point
I am willing to crash/ruin the specific market we share just to teach them that lesson
I make them regret that thoroughly
I quickly ruin their life
I will be as ruthless as I need to be to come out on top.

zzzzzzzz -- wha?? Huh? Did you say something? I nodded off there.

Sorry, but no one cares. No one knows who you or your retainers are. You are imagining things. Someone's item failing to sell right away is not ruining their life or teaching them a lesson. Players will continue to sell items for whatever prices they want, which is how it should be.

I'm honestly not so ruthless in anything else but the gil- if that means anything at all to you.

It doesn't.

[Dashuto]

.

Not only did you care enough about my post, but you cared enough to mock it up to sound even worse.

Did I strike a nerve perhaps?

To make profit you should keep a cool head. The purpose of my tactics seems lost on you.

Its something called "market control". By controlling the prices, when it inflates or deflates, and discouraging my competition, I end up in control of the market.

I first realized this from a crafter on FFXI named "Semitry", who beat me up pretty good on my way up. I'm sure anyone who career crafted on Midgardsormr would remember this fellow.

He would blast the market with dozens of HQ Scorpion harness to force the price of NQ's into nil, he bought out materials used to level to 100 out from beneath people and skyrocketed their price, stockpiling loads of it that would never be used, all to control the market, make profit off his desperate competitors, and trick elitists into paying 1000% for the HQ product. Then he'd let the market sit and resell those loads of cheap NQ's at a profit.

At first I was angry- but then I realized just how effective his tactic was. He had "market control", he was able to directly manipulate its prices, his profit, and the possibility of those willing to compete with him at all.

So at that point I decided to learn from it. I enter into a field of about 4-5 goods and I use a very similar method, I drive out my competition while stocking up, then make profit off the stock, then drive it higher for even more profit. Others begin trying to hop on board and make profit from my efforts there- and then I start the process again, often demolishing them in the process. Not always, just often.

[jomoru]

So at that point I decided to learn from it. I enter into a field of about 4-5 goods and I use a very similar method, I drive out my competition while stocking up, then make profit off the stock, then drive it higher for even more profit. Others begin trying to hop on board and make profit from my efforts there- and then I start the process again, often demolishing them in the process. Not always, just often.

Good for you, i of course get around "attempts to destroy me" by being diversified and not requiring one thing to sell.

[LineageRazor]

Good for you, i of course get around "attempts to destroy me" by being diversified and not requiring one thing to sell.

In all fairness, the Scorpion Harness market he refers to was a big deal in FFXI. Even a NQ Harness was so much better than other body pieces of its level range that it was perfectly acceptable even as endgame gear. Roughly three quarters of all jobs in the game were considered gimp if they didn't have one, and the materials to craft them were rare and expensive at the time. Acquiring one was pretty much considered a rite of passage for DDs and tanks aliike. And getting a HQ Scorpion Harness? A synth had, at best, only a 10% chance of HQ (and that high only if you had a rather specialized crafting build - 1% chance if you did not). Getting one marked you as someone who was very serious about your class, because it was a huge investment.

The markets in FFXIV, though, are an entirely different story. There's no equivalent to the Scorpion Harness because ALL rare sale items are luxury items. Housing items, glamour items, minions - none of these things are preventing you from progressing in the game if you don't have them. As crafters wrestle over various markets, buyers can either buy or shrug their shoulders and leave without feeling any pressure whatsoever, unlike the Harness buyers in FFXI.