Undercutting

[GrizzlyTank]

Price things the way you want. You decide the value of your time, not others.

If someone thinks you've listed it too low, they're welcome to buy the item to relist for profit. That takes your low priced item off the mb and returns current prices to what they had been, usually before anyone other than the buyer has noticed.


I list a buy order for 580 gear at 1 gil.

I didn't just crash your marketboard. I killed it. No one is going to sell to me for 1 gil because materials are more expensive but now they also can't sell to others because my buy order has to be filled first under your system.

The last thing you want to do is give buyers such absolute control over the market prices because they're looking to pay as little as possible just as sellers are trying to sell for as much as possible. That's why the free market exists - so a price point can be reached that both sides are willing to accept as reasonable.

Re-read what i wrote... "Someone makes a request for an item for x amount of gil, and no one can sell below that amount until that buy order is fulfilled."

If someone makes a buy order at 1gil, then someone can still sell their item at whatever gil they want as long as it is at or above 1 gil.
At the same time someone else can set a higher buy order meaning that, that order has to be fulfilled before yours.

Edit: Just saw that there were multiple people that... Somehow had no idea of what i wrote. Risvertasashi and Skivvy you got it right. I was mainly talking about how GW2 does it, although there it goes both ways. For buyer you have to either make a buy order for whatever gil, or buy the item listed for lowest sell order. Aka if an item is sold for 80, 90, 100 you can either set a buy order for <80 gil or you have to purchase the item for 80 gil, can't buy the items for 90 or 100 untill the 80 item is sold.

Same for a seller, if someone want to sell an item and there are buy orders for 10, 20 and 30 gil. then the seller can set whatever price they want as long as it is above 30gil, or sell directly to the buy order for 30 gil, but can't sell directly to the 20 and 10 buy orders.

I don't like massive undercutters, but I also don't appreciate people effectively holding a market hostage to the highest bidder.

Looking at GW2, the market there isn't held at hostage at all, rather the prices are stabilized for it's supply and demand. More supply than demand and prices drop, demand than supply the prices rise. It's just that no single person can just say this 1000gil item is now worth 200g and have other people unknowingly assisting keeping the price grossly deflated.