Quote Originally Posted by CYoung187 View Post
The correct price is what it sells at. Don't get mad at others because you failed to accurately guage the demand of a certain item. You made a mistake, move on to something else.
wrong, unless you left a lot unsaid... With 1-time undercutters, the correct price is likely not the 1g they posted a 40Kg item for. In an MMO, 350Kg items just fall into your lap. In an MMO, people get hissy about 1g undercuts and drop the price by 10% 'in retaliation'. Mistakes and massive undersells do not accurately represent current supply or demand. Knowing what the short and long term avg price of an item is will allow you to make a better decision on whether to buy up an undercutter, or in turn, undercut them, since you know that the avg is higher or lower than the current price.