Learn to use the History function and stop driving prices into the toilet.

[ACAardvark]

The game has only been out for 1 month, and as far as I know, no one has payed a subscription fee yet. Things are gonna change A LOT in a couple months. If you hate the market trends today, do what they do in the real world when the market is volatile.

Please: Sit on your product until the prices stabilize. If you try in vain to compete with bots, and impetuous players, new to the game, who are trying to sell quick so they can level cap, you'll just further flood the markets, and make the problem worse.

I'm not an economist, that's just my opinion. I have taken a class in economics, and can tell that all(most) of you have very valid points.

It seems like this is all due to the fact that none of these things cost "real" money, just time. Some people value their time radically different than others, but that will change as people get bored of power leveling, and crafting. Or they leave..

Just remember: It's the Wild West right now.

[gigi_frana]

Well since everyone is allowed to think for himself...

I will sell an item for what I think is correct. If I see a fire/wind/lightning cluster for sale for 2k, I will sell mine for 200.
Because I think 200 is a correct price for someone who will craft something & 2k is retarded, and the greedy bastards should stay in their cave.
Granted, some rich guy may buy all they cheap things I sell and then sell them back at a price 10 times greater.
Still.
If I think that I will help some guy level his DoH or get his new piece of armor, then that makes me feel good, and I will chose not to get rich.
I currently have ~90k gil.

[avecha]

Well since everyone is allowed to think for himself...

I will sell an item for what I think is correct. If I see a fire/wind/lightning cluster for sale for 2k, I will sell mine for 200.
Because I think 200 is a correct price for someone who will craft something & 2k is retarded, and the greedy bastards should stay in their cave.
Granted, some rich guy may buy all they cheap things I sell and then sell them back at a price 10 times greater.
Still.
If I think that I will help some guy level his DoH or get his new piece of armor, then that makes me feel good, and I will chose not to get rich.
I currently have ~90k gil.

That is exactly what i done with some leftover fleece. Sold about 40 off for cheap then another 30 off for cheap. Someone may have managed to buy it in time (they sold straight away) to help their crafting or someone bought it to sell it for more. I hope it was the former.

[EvanderStoneguard]

If I think that I will help some guy level his DoH or get his new piece of armor, then that makes me feel good, and I will chose not to get rich.

I do the same thing, I made most of my gil from selling green armor from dungeons, but I won't sell a level 15 piece for 15k gil because I want to gouge someone. I remember having limited gils at level 20 and trying to pinch gils to stay updated with gear and personally I don't feel a level 15 green should be 15k I think a more reasonable price is between 3-6k depending on the market.

[ACAardvark]

I do the same thing, I made most of my gil from selling green armor from dungeons, but I won't sell a level 15 piece for 15k gil because I want to gouge someone. I remember having limited gils at level 20 and trying to pinch gils to stay updated with gear and personally I don't feel a level 15 green should be 15k I think a more reasonable price is between 3-6k depending on the market.

Nice. Economics is about playing people, community is about helping people.

[Khellendros]

I just wish they would make it a blind auction like XI was... Seeing the current prices just makes it to tempting to go 100 or 1k under their price. Sure, it will sell faster, that is until the next person comes and repeats the cycle.

(And I agree that they made leveling crafts to easy)

[Rabbio]

That item I made while leveling my crafting, which has low turnover due to the usual high price, I don't want to be stuck with it for a week. I'm fire sale-ing it to recoup at least mat costs and moving on. Those items I've tried matching or slightly undercutting on are the ones sitting on the market for the last week.

I do also like that your argument seems to be that people both do and don't use the history button. If they don't (hence the need for a thread), then the price shouldn't be crashing from a fire sale. Just buy it out (or wait it out) and relist at your price. People don't use the history to think you're gouging at that point, right?

[Blindheart]

So, I'm trying really hard to understand what the point is.... Beyond repair costs of gear, an whatever other character upkeep there is, what is the point of Gil in this game? Why are you so upset about not being able to earn cause you don't have the lowest price? Also, what cost is there for crafting beyond item upkeep? I know this cost probably goes up at higher levels, but if your farming all your own materials it can't be worth enormous prices. If your buying materials off the market and adding that to your costs, then that's your own fault. Don't assume you can tell everyone what things can sell for just because you want a profit. Some people dont care about such things, or are just unloading what they have made leveling up, profit or not

[AlmaMalma]

*ahem* for instance...

[Wazabi]

... no. That's not "fundamental economics". Fundamental economics is keeping the price a) as high as customers are reasonably willing to pay, b) high enough to turn a profit, and c) slightly lower than your competitors...

Fundamental economics says nothing about that. It is about the effective distribution of resources in view of scarcity. It also describes the relationship of price and demand. You then make use of that knowledge as a firm/seller to optimize your profit, in which the risk appetite of the firm/seller has a great impact on the final selling price.

If I know that you are going to undercut me after I post, I will post at a way lower price that I think you won't (and probably come complaint at the forum) so that mine will guarentee a sales.

Nice. Economics is about playing people, community is about helping people.

Economic studies the behaviour of people in a way. It doesn't play people...people does...and community is filled with people too.