Market board logic - how to loose 100k in 8 hours

[Kukulumi]

Yesterday i saw that neo-ishgardian rings were sold for 168k gil, so i crafted
2 pieces, but by the time i put them on market board, one seller had undercut the
price to 150k gil.

Thats a shame i thought but undercut his price anyway. his next undercut was 20k
gil, and then 10k. - By that time, i wanted him to realize what he was doing,
so i undercut him with 1gil on one ring and with 10k on the other ring.

Some hours went by and other sellers had lowered their prices also.

8 hours later he was gone and the prices were around 80k gil, and i checked the
price history and saw he had sold for 50k gil.

Then i raised my price back to 168k gil and went to bed.

- I mean, what is this kind of sorcery? If he had undercut that diligently
but instead with 1 or 10 or 100 gil he would have sold anyway and be 100k
richer.

Am i missing something or did he do very wrong?

[NessaWyvern]

He wanted it to sell fast, and it did. Did he lose out on money? Maybe, or maybe someone else would’ve just undercut a lot anyway.
He probably undercutted by large amounts to try and discourage others from undercutting his ring, so that his would sell first.
If he gathered all the items himself (which he probably did) then he would’ve still made profit.
That’s just the way the MB works on this game.

[Xatsh]

People do not like to camp their retainers and change prices 1000 times in a few hours.

So people get annoyed and just mass undercut. I go the boards a few times a day. if someone undercuts me once I undercut them alittle. They do it again I drop the price 20-25% and usually say screw it and go to sleep for the night.

Having some money and not being tied to the retainer bell is better then wasting 45mins changing prices and making alittle bit more in my opinion.

[Rasikko]

#GottaHaveItNowAndIMeanNow

[Edax]

Yesterday i saw that neo-ishgardian rings were sold for 168k gil, so i crafted
2 pieces, but by the time i put them on market board, one seller had undercut the
price to 150k gil.

Thats a shame i thought but undercut his price anyway. his next undercut was 20k
gil, and then 10k. - By that time, i wanted him to realize what he was doing,
so i undercut him with 1gil on one ring and with 10k on the other ring.

Some hours went by and other sellers had lowered their prices also.

8 hours later he was gone and the prices were around 80k gil, and i checked the
price history and saw he had sold for 50k gil.

Then i raised my price back to 168k gil and went to bed.

- I mean, what is this kind of sorcery? If he had undercut that diligently
but instead with 1 or 10 or 100 gil he would have sold anyway and be 100k
richer.

This is why I try to match prices on the marketboard instead of trying to start a price war.

[ElazulHP]

They was going for the fast sale. It can work well IF you're literally crafting non-stop and replacing what you sell becoming an oppressive MB presence and driving away competition.

[KageTokage]

I'd rather deal with people like that guy then the marketboard bots that do one gil undercuts every few minutes 24/7 since you actually have some hope of beating them with diligence.

[SturmChurro]

I mean, I'll occasionally do a massive undercut out of spite sometimes.

[Duskane]

Ive lost more in less time

[Jkap_Goat]

I wish the Market Board was like the Auction House in FFXI, all you can see is how much the last purchase cost, you guess from there and then you BID on that item. so it's like guessing how much you want to buy an item for. better than xiv mb