Undercutting

[LineageRazor]

Now, my competition is gone, i have no competition,

Always entertaining to see folks who feel like they can actually control a market in the game like this. The steps you describe will control a market for, I dunno, maybe a week at best, more likely only a day or two. Once an item becomes profitable, the competition will come back, and you're right back where you started and have to spam thousands of items again. You are doing ALL of the work in this endevour; for your competitors, there's no effort at all.

This kind of market flooding works in the real world because once a businessman is ruined, they stay ruined. Starting up a business, getting loans, what have you is expensive work, and if you go bankrupt it becomes that much harder to start over since fewer will trust you with a loan. In this game, starting up a "business", as it were, is completely free. The method you describe will drive everyone out of a market, certainly; they have better things to craft than compete with your crazed flood of product. When the flood dies down, though, getting back into the market takes no effort at all, so what's to stop them?

In all likelihood, your competitors don't even realize what you're doing. They just see that a particular item is overstocked, and so move to greener pastures, possibly dumping stock first. Once your pasture turns green again, though, there's absolutely nothing keeping them from coming right back. They aren't afraid of you or what you can do, because they don't even know you're doing it. (This all also applies to the guy with "infamous retainers" a few pages ago; I highly doubt his retainers are as well-known as he boasts.) If you can actually make a profit in this way, that's great! More power to you. But don't make the mistake of believing you have any lasting power over the market. The complete lack of negative consequence for failure means that the market will always be open to anyone who wishes to participate.

So-called "crafter PvP" is a joke, and entirely an illusion created by the participants. If you find it fun, though, there's no harm in it! And the buyer market makes out like bandits whenever a shark decides to "weed out the competition" in this way, so they're happy, too!

[NyneAlexander]

So-called "crafter PvP" is a joke, and entirely an illusion created by the participants. If you find it fun, though, there's no harm in it! And the buyer market makes out like bandits whenever a shark decides to "weed out the competition" in this way, so they're happy, too!

It is a joke. A very funny joke

[Typhon66]

Always entertaining to see folks who feel like they can actually control a market in the game like this....

I only just started using this strategy in this game, so to be fair, i haven't amassed much wealth yet, but my account on WoW with literally millions of gold on it (made in Lich King expansion) That was actually banned for "selling gold" and then promptly unbanned when they realized i simply gave gold to guild mates and personal friends is laughing at you. I literally owned the entire endgame market, from enchanting, potions, flasks, glyphs, gems etc. Nobody could compete with my volume and eventually everyone just gave up and stopped fighting and i became the sole supplier on the server of endgame consumables. Occasionally someone would try to push themselves into the market, but i had so much gold that i could easily compete at a loss in the market for months if not years and still be fine.

All of that was built using this same idea.

[Typhon66]

Also, i'm not trying to be rude in anyway, i am simply explaining why some people undercut so massively, yes there are people who do it not realizing why, but there are others, like me, who actually play MMOs to do this very thing, and own the market on something. This is the "character" i play in an MMO, i play someone who owns markets, and has massive amounts of money. And that's okay

[CYoung187]

Always entertaining to see folks who feel like they can actually control a market in the game like this. /snip

In all likelihood, your competitors don't even realize what you're doing. !

100% agreed. It take no effort to adjust what market you can cater to. The guy who actually think his retainers are notorious made me LOL as well. Like anyone even looks at the retainer name. Owning a small market in this game where what is in demand is constantly changing and leveling a crafting skill takes little time and effort just doesn't seem in any way efficient.