Idea against Undercutting at the Marketboard (The next.. )

[tocsin]

I will say, having just been one of the undercutters, there is a very good reason to do so. its predatory, yes. its mean to your fellow sellers, yes. but to me, it was worth it.

Today, I finally got tired of undercutting on my mastercraft market. people have been undercutting every 20 mins, 1 gil at a time. I had 30 of them in supply, and they were going for 340k apiece. I listed 20 of them at 275k. someone undercut me, and then I listed all 20 at 225k. they undercut again, and I reunddrcut to 180k. they then undercut to 170k, and I bought all of them up, and repriced my now 70 mastercrafts at 320k. and no one undercut.

MY market. *growls*

[CheshirePuss]

I'm well aware that undercutting is part of how the market works, and I'm not against the idea of it. However, it feels like it's becoming grossly over abused. Items that had a long streak of running 300-400 gold, or 860 gold, is now a fraction of those prices. This is especially trying, as a Botanist that is just hitting cap. I've found myself to be more dependent on those prices in hopes to progress myself to the next tier of equipment in order to make true progress (Farming for my "Botanist Relic" and further gear pieces).

It just feels like a number of people are failing to understand how a market works, and ultimately destroys the worth of an item in the process. I'm just sitting here, hoping these items I have become dependent on farming will recover. >>;

[Ashkendor]

It just feels like a number of people are failing to understand how a market works, and ultimately destroys the worth of an item in the process. I'm just sitting here, hoping these items I have become dependent on farming will recover. >>;

It's not that they necessarily fail to understand. Some people don't care about preserving the market. They have something that they don't need, and they'd like to get rid of it in exchange for some gil. They're willing to take however much they can get for it. In any case, it's best not to become dependent on a few items to support yourself. Diversify! If the market on one or two things tanks, look for other markets that are profitable as well.

[Llyren]

Mining/Botany is a revenue generating activity and crafting said materials into something to increase the revenue potential. To me it is all revenue generation. It doesn't cost you anything to gather said materials except for the repair costs.... So something that doesn't cost you anything is.... free

Profit for Mining can be measured the way you calculate if you figure your time as free, I don't but sure.

Profit for Crafting should count the cost of materials as if you had bought them at the market board. This will let you know when it is better to sell your materials or craft. Spending your time crafting items that are worth less then you could of sold the materials for is just silly. It is ok to be silly, as long as it is intended.

[Orspeth]

What if undercutting just makes you happy? What if knowing someone else is going to buy it all up in their effort to control the market makes you smile? I've gotten rid of my stuff, and hopefully, a person with some market savvy got it to re-sell. I honestly don't care, as long as it's not crystals or something that I see all the filthy botters getting..and they are so, so easy to spot. I post it - if you can make more off it, buy it up! Don't hate me - hate the bots..I've not seen this many in a game I have played in a long time.

[CheshirePuss]

snip

I have no inept-ability in terms of diversifying my efforts, and have consistently found different types of materials I've been able to progressively gather while leveling my class, to offer a sort of mild upkeep to my depleting funds. As often as I feel the need to self loath in regards to how trying the market can become in these particular situations, this will not change, and I will find ways around and through it.

The reason I complain about my struggles is less about my own gain (since currently I have no issue in getting money, and don't see too many issues conflicting me in the future), it's more in regards of the market's current standing. Items that had consistently run at seemingly high and fair prices, now run for virtually next to nothing. (pt 1)

[CheshirePuss]

Items that offers reasonable amounts for customers to buy that support the funding necessary for that class's level, is now as worthwhile to invest in as items you'd find at level 10 (in terms of gil gain). My biggest worry right now is that if this habit occurs with what's left in terms of decent funding (with early level 50 materials), the class may feel more or less like dead weight (for the people that are getting into it, and intend to progress with said class) may actually be more trying for newer botanists than it should be.


I want to stress however, I think nothing less of the class. The class itself is crucial in terms of supporting the servers we play in with the materials needed to support other classes in their endeavors as well. I apologize for the double post, but I had too much to say beyond the character limit of the forums.

[Alex_Lenderson]

I like undercutting - why? Because I buy more stuff on the market board then I sell.

[Gillionaire]

Why would undercutting ruin the market place?
Competition is healthy for the market, maybe not for your own pockets, but if that is the case then that means you must adapt and make your self more efficient at producing goods.

[Jinko]

Been asking for something that limits the undercutting or overpricing of items based on a percentage of the server average for soooo long now.

I think its safe to say that SE couldn't care less about undercutting or overpricing, too bad really because a few minor changes to the MB could potentially make it much better for everyone involved not just those who have no life and want to sit at the retainer bell 24/7.