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

[Kuroka]

There just needs to be a CD on how often you can lower your price, like 1 every hour or not more then x times a item. that "ill undercut you 500x for 1 gil bc i got infinite tie/bot" gotta end >_>

[Ransom]

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

A hundred percent this. It kept prices far more stable.

[Skivvy]

And I'll laugh and keep undercutting by 1 gil until you get to half my current price, buy yours, and resell it at my price to make a profit. You lose, I win.

But to a lot of people, simply clearing it off is a win to them. So hey, everyone's a winner. \o/

[Jojoya]

My favorite is when someone massively undercuts something that actually has expensive or annoying to get mats, or is just annoying to get period, so everyone just loses a ton of money because reasons.

The value you place on your time may not be the value someone else places on theirs. And no one is losing money as long as the item sells for more than what it cost them to get it (which is usually 0).

Not everyone is out to make maximum profits. It's not like gil has much use in this game outside of buying things from other players. If there's nothing you want to buy that requires gil, then it doesn't really matter how much gil you make.

Also somebody on my server has been posting a lot of materia for literal vendor price when the market price is like 20-30k per materia and I have to kinda sit there and be like bro do you just hate making money or what? Maybe it's a weird roundabout giveaway idk lmfao

Why complain? Buy their materia then sell it at what you say is the current market rate. Some people accidentally list at the default price.

Better yet, buy and take it to Mutamix to transmute into more valuable DoH/DoL materia to sell for even more (if you won't need the materia yourself for the new crafted DOH/DOL gear we should be getting in 5.3).

[Gemina]

Welcome to capitalism.
Besides, that's something I do when people try to sell things cheaper than me.
Undercut me for 1 Gil? I'll undercut you for 10,000 Gil and keep on doing it.

If you're cutting for spite, I can understand that. It's petty, but I do get it. However, its an exercise in futility if someone undercuts you by one gil, and you turn and keep undercutting by 10k each and every time in an attempt sale yours first. All you're doing is cutting yourself short. The buyer is going to buy the cheapest available whether its 1 or a million, and another competitor can come by and undercut you anyway.

If you want to sale first, grab a tent and some provisions. You're going to be camping a summoning bell just like your competitors.

[Gemina]

The value you place on your time may not be the value someone else places on theirs. And no one is losing money as long as the item sells for more than what it cost them to get it (which is usually 0).

Not everyone is out to make maximum profits. It's not like gil has much use in this game outside of buying things from other players. If there's nothing you want to buy that requires gil, then it doesn't really matter how much gil you make.

Time is money too. Starred recipes are time consuming if you process them from scratch and choose not to buy anything from the MB. The cheap prices for these types of items and mats is disposable income for the seller. But it is probably more accurate to say that what they are selling isn't worth the inventory space it would otherwise take up. Omni crafters have to accept these losses all the time, but it only fattens their pockets in the long run.

For players like the person you quoted, they are choosing the wrong item to market, and might be better to just craft for self sufficiency. At least with the Neo Ishgardian gear. The prices set by competitors simply make them not efficient to mass produce. The market is fierce and cutthroat. Some have a little trouble realizing just how much so.

[AnimaAnimus]

Still beats one guy on our server who will buy all of something rare like the hair from Eureka and then turn around and put them all back up on the board at 5x the price. This is why some things go from 750k to 5m-10m which take forever to come back down to a reasonable price just for him to repeat the process. It's infuriating on the more rare or limited items which are basically the only things he does it to.

[RitsukoSonoda]

A hundred percent this. It kept prices far more stable.

It was also fun to post a listing for something like a Cursed Hauberk -1 that almost never had an actual listing posted then buy my own post for the game's gil cap just so my character's name was on the board for years in the history... >.>

On the plus side you didn't do like that one guy this year that spent $500,000,000 to not be President.

[rance-sama]

Pretty much this.
What people fail to understand is that I sell cheap af for the simple fact I have more of the same thing I'm selling. So unless they buy my whole supplies and then sell it again, they won't be making a profit. Meanwhile, me being an omnigatherer and crafter makes it cheap and easy for me to keep making new stuff to, once again, keep selling.
Unless of course is stuff that my retainers bring to me and I don't want, so I just throw it for dirt cheap.

[Canadane]

I miss when tax breaks were a thing. You could price match and the smart shopper would buy from you (or them) at an equal price.