Quote Originally Posted by KumaAkuma View Post
You're still the sucker, because you could have gotten the same result by just selling it for 9.999.000

Besides you think you're the only one undercutting. You undercut to 8 mil, then someone else undercuts to 6 mil and then you get the guy who thinks prices are way too high and wants to be generous to the buyers: starts selling it for 2 mil

Ofcourse you still want to get rid of your items so you undercut that guy again and sell your items for 1.5 mil

and repeat.
Could I? What about the guy selling it for 9,998,000 half a day later? When I undercut to 8 mil, I not only shut out the people who want to sell for 10 mil, I shut out tons of other people who don't want to go as low as I do. An 8 mil price tag will also encourage my possible customers to purchase the item faster, because they're going to think "holy s**t, what a great deal!"

At the end of the day, I still make a profit that is acceptable to me, on my own terms. If I didn't, I would not be selling the item. If I get undercut to 2 mil, and the effort that I put into getting or making this item is not worth 2 mil, then I stop doing it and go find something else to do. This is what happens in real world economics, folks.

And fyi, you will never be able to fix the price of an item. It's impossible with a player-driven economy. That item will not stay at 10 mil forever and I don't know why you would ever want it to. If prices don't change, it means that your economy and game have stagnated.

If you want to see an example of how price fixing completely destroy's a game economy, do a little research into what happened with RuneScape's trade limits between 2007 and 2010. The game's economy was FUBAR.

Quote Originally Posted by Wolfie View Post
LOL like that's ever going to happen.

The people who complain about undercutting have this ridiculous double standard where they expect to have the easiest and best solution every time. They're okay with buying the cheapest item because it's the first on the list and they save money, but they also want to never have to re-list their items, for their items to go fast, and to get more for them than their market value.
Would anyone like to address this point?