I replied to this thread on the 21st. Today is the 26th and I am more dead set in my ways than ever before. For 5 days I played the market the way this thread and countless others before it have implied that we should. I went from 250-500K profits per day to about 100K per day. Today, the last day of this silly experiment, I woke up to just 35K.

On any given day in the market one item might cost 850K-1M to craft and flips for only 250K profit, if you don't farm up the mats. Desynthing one 3K vendor item can drop 1-3 crafting materials worth 30K each on the market and so on. I tried honestly setting a fair price and walking away but it just does not work. My retainers are nearly maxed out again and nothing is selling if I don't sit there and nickel and dime these idiots all day long.

I've proven it to myself once again. The only way undercutting works is if it's done so severely that it makes the next guy say "Forget that! I'm just waiting." Or it sets the price so low, buyers just can't pass them up and they start selling like hotcakes. Otherwise, just as I've proven to myself once more, there will ALWAYS be another 1 gil undercutter troll to prevent you from making a dime for days and possibly weeks at a time.

Sorry folks, but for gatherer/crafters it's a fact of life: If the undercut doesn't hurt, it doesn't work.