Aragorrius Posted February 9, 2013 Share Posted February 9, 2013 Hey there people, Most of you know me either because I post idiotic **** on these forums, cause I'm the GuildMaster of Floor Inspectors or because I have a thread about crafting endgame stuff for free. Now there's something that's bugging me a lot. GTN Undercutting. Every since the GTN allows people to remove their offers almost without cost I've seen an increase in people continuously undercutting others.. this has led to a MAJOR drop in prices for some stuff, but it also leads to a highly fluctuating market, where items cost hundreds of thousands of credits more or less in matter of hours. Now I've been so annoyed with it lately that for everytime someone undercut me for 1000k I'd undercut again for 50.000k afterwards. this may not be the right approach, but I want to beg (even though I know it's USELESS) people.. PLEASE sell your stuff at a Market Conform price and stop undercutting each other... instead of selling more, we are just ruining our own market. I know this is in vain.. and I'm stupid to try.. but I cannot help myself. see what comes of it. Link to comment Share on other sites More sharing options...
Evolixe Posted February 9, 2013 Share Posted February 9, 2013 Some prices for items are stupid anyway. Keep the undercutting coming. Link to comment Share on other sites More sharing options...
KeeferE Posted February 9, 2013 Share Posted February 9, 2013 The under cutting is what the GTN needs ATM... Some of the prices on items is stupidly over priced.. If people sold their items at a more realistic price the whole economy of the game might just balance out some.. Just my opinion... Link to comment Share on other sites More sharing options...
Masarko Posted February 9, 2013 Share Posted February 9, 2013 PvE problems Link to comment Share on other sites More sharing options...
fuskr Posted February 9, 2013 Share Posted February 9, 2013 650k for 27 armorings, luv it! Link to comment Share on other sites More sharing options...
Aragost Posted February 9, 2013 Share Posted February 9, 2013 ...Welcome to markets? Link to comment Share on other sites More sharing options...
Aragorrius Posted February 9, 2013 Author Share Posted February 9, 2013 I guess... However.. I have not found anything on GTN that is not around COST price.. which means.. there is no profit.. and a good economy is driven by profit. When the Deposit for putting stuff up was higher there was less fluctuation.. but yeah I guess this is just how things are.. Link to comment Share on other sites More sharing options...
Debaucher Posted February 11, 2013 Share Posted February 11, 2013 I guess... However.. I have not found anything on GTN that is not around COST price.. which means.. there is no profit.. and a good economy is driven by profit. When the Deposit for putting stuff up was higher there was less fluctuation.. but yeah I guess this is just how things are.. Some might argue a good economy is driven by equilibrium. This means no profit. IN SOVIET RUSSIA ITEM SELLS YOU tbh. Link to comment Share on other sites More sharing options...
Unrestrained- Posted February 11, 2013 Share Posted February 11, 2013 The person who put up ****loads of Advanced Might Augment 22s for 35k a pop needs to read this thread and learn. Link to comment Share on other sites More sharing options...
Aragost Posted February 11, 2013 Share Posted February 11, 2013 (edited) The person who put up ****loads of Advanced Might Augment 22s for 35k a pop needs to read this thread and learn. Just looked and seen, I dont know might augs, but I know power augments are usually around 50-60K each so i'm assuming the same? The problem isnt the guy who suddenly undercuts everyone by 25-30%, the problem is the people who lower their prices to compete with them. Instead of 1person selling at stupid prices, you end up with 6/7 at the same price where nobody is making any profit. A much better solution is when 1guy undercuts everyone by such a big margin, somebody simply buys them all up and puts them back for sale in line with current market prices, both propping the market back up and making a quick profit with no time invested. Edited February 11, 2013 by Aragost Link to comment Share on other sites More sharing options...
Unrestrained- Posted February 11, 2013 Share Posted February 11, 2013 Buy them, resell them, count moneys? And encourage that particular person to put up another batch of 20 for the same price? I'd rather that person learned that just the augmentors cost more than that. Link to comment Share on other sites More sharing options...
Aragost Posted February 11, 2013 Share Posted February 11, 2013 And encourage that particular person to put up another batch of 20 for the same price? I'd rather that person learned that just the augmentors cost more than that. Id have thought a stable market was more profitable than his learning experience Link to comment Share on other sites More sharing options...
Ifrica Posted February 11, 2013 Share Posted February 11, 2013 (edited) just buyout the cheap stuff and relist, problem solved? I made loads of credits just by doing that, one week and i had 8 mil credits (started with 1 mil) Edited February 11, 2013 by Ifrica Link to comment Share on other sites More sharing options...
kanare Posted February 11, 2013 Share Posted February 11, 2013 I think it is ironic that u are crafting for free witch is undercutting every other crafter. Then u cry about being undercut on the the gtn ......... You made your bed now lie in it ..........I don't under cut . i don't need to. I sell **** with out having 2 , however i have no sympathy for u. Your tactic has back fired on u ........ Link to comment Share on other sites More sharing options...
Aragorrius Posted February 11, 2013 Author Share Posted February 11, 2013 (edited) I think it is ironic that u are crafting for free witch is undercutting every other crafter. Then u cry about being undercut on the the gtn ......... You made your bed now lie in it .......... I don't under cut . i don't need to. I sell **** with out having 2 , however i have no sympathy for u. Your tactic has back fired on u ........ Your logic is flawed. First of all.. CRAFTING =/= SELLING. So by Crafting for Free I'm not actually undercutting everyone. These 2 things are unrelated. You can sell your item and services whenever you want. I choose to offer them for Free.. so I can craft more and crit items. It's not undercutting, it's a business plan. It's perfectly sane. I also .. for over 10 months NEVER undercut anyone. I always took the lowest cost of an item already on their and just put mine up for the SAME price. Because I try to NOT lower prices all the time. I am not raging or crying... so nothing backfired... I'm just trying to have a healty discussion about this. So your spiteful reaction seems to be rather useless. Thanks anyway. As for buying Cheap stuff off all at once.. this always backfired on me. p.s.: other reason I offer free crafting is because some people felt the need to charge 500k for crafting an item worth 300k. This leveled the playing field. Edited February 11, 2013 by Aragorrius Link to comment Share on other sites More sharing options...
GuruVII Posted February 12, 2013 Share Posted February 12, 2013 And encourage that particular person to put up another batch of 20 for the same price? I'd rather that person learned that just the augmentors cost more than that. Are you talking about Advanced Fortitude augments 22? If so, I attempted to just that. I now very limited liquid assests and a ton of augments I can't sell for a profit -.- Link to comment Share on other sites More sharing options...
Aragorrius Posted February 12, 2013 Author Share Posted February 12, 2013 Are you talking about Advanced Fortitude augments 22? If so, I attempted to just that. I now very limited liquid assests and a ton of augments I can't sell for a profit -.- precisely my point. Link to comment Share on other sites More sharing options...
Bonsaikitten Posted February 12, 2013 Share Posted February 12, 2013 (edited) Hey guise, I wanna sell Molecular Stabilizers. 75k each, got like 70. Can't get it any cheaper. Mail me in-game with orders plox. Edited February 12, 2013 by Bonsaikitten Link to comment Share on other sites More sharing options...
AlphaInquisitor Posted February 12, 2013 Share Posted February 12, 2013 Hey guise, I wanna sell Molecular Stabilizers. 75k each, got like 70. Can't get it any cheaper. Mail me in-game with orders plox. I'll sell them for 74.999 Cr. Link to comment Share on other sites More sharing options...
ellrochell Posted February 13, 2013 Share Posted February 13, 2013 I think it is ironic that u are crafting for free witch is undercutting every other crafter. Then u cry about being undercut on the the gtn ......... You made your bed now lie in it .......... I don't under cut . i don't need to. I sell **** with out having 2 , however i have no sympathy for u. Your tactic has back fired on u ........ lol agreed QQ I dont make enough money QQ I make everything for free then to undercut everyone!!! Pretty obv if you undercut people in crafting fee's the overall worth of an armoring is going to go down. Link to comment Share on other sites More sharing options...
I_Sithed_MyPants Posted February 13, 2013 Share Posted February 13, 2013 lol agreed QQ I dont make enough money QQ I make everything for free then to undercut everyone!!! Pretty obv if you undercut people in crafting fee's the overall worth of an armoring is going to go down. Er mer gerd...it's En See - Arrr. Link to comment Share on other sites More sharing options...
Aragorrius Posted February 13, 2013 Author Share Posted February 13, 2013 er meer geerrrddd NNnnnaa zsssseeee aaaaaarr!!! Link to comment Share on other sites More sharing options...
ellrochell Posted February 13, 2013 Share Posted February 13, 2013 so much QQ Link to comment Share on other sites More sharing options...
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