Why people are so crazy with GTN prices ?

Why people are so crazy with GTN prices ? Really.

I am playing on Fatman. My crew skill is Cibertech, and many times I need scavenged components and metals, because questing is not enough for me for the quantities I produce. But, for god sake, who in sound mind would pay 1k for one mineral ? Really!

I ussually buy large quantities of stuff because I like to craft and provide people with so neaded augments. And I always charge a fair price: only for materials plus the suggested price of GTN. So the price of my most expensive components are not higher than 5k. Prices usually vary from 100 to 5k. My sells are huge ussuaaly. Easily 30k a day.

But when I need to buy stuff for myself, I usually find staggering prices for mods. 5k for +4 cristal ? Really. I practiced Artifice before, I know how easy you can get raw materials for it. Nothing in comparison with Cibertech where you have to find like 4 different metals to craft one mod.

Enhancements, again everything at 5k for a level 20. For anyone of level 20, 5k is a hefty some of money. Besides the real price of that stuff rarely is arround 1k. I crafted enhacements and I know.

Am I fool for charging for my earpieces some 2k. Should I start charging 10 k instead ? Because if I can´t buy a miserable 20-level cristal, believe me I will.

Are we all crazy ?

People aren't willing to put the time into crafting in MMOs for real world thin profit margins. Start listing things at 200%-400% over cost, and keep increasing until people stop buying. This game is incredibly materials restrained, so prices for finished goods are going to be very high since people can't make enough to meet demand.

I make between 300k - 500k per day with my biochem, 250k+ with my cybertech and an easy Million+ per day selling mats on my server. For fun I also corner the market on a few different areas of the GTN by buying everything and relisting at a profit. If I saw your prices I would probably be buying everything you make and relisting them. You are only robbing yourself with such low prices.

Such a shame that the greedy and selfish can ruin it for everybody else, but there you have it.

Where are you getting all the mats you're selling to keep up 1M+ credits per day revenue?

More like a shame that darn dirty hippies want to give stuff away for free then complain when someone else scoops up they profit they should have made.

The GTN needs a bidding option. This can solve your issue. Especially on a server like Fatman with heavy population, there's probably a lot of demand.

But true value is hard to determine without a bidding system. I placed an orange schematic on GTN the other day at what I thought was a high price of 20k. It was gone within the day.

Components are going to sell well because most people don't bother gathering components except for their own use. Any extra component I have usually go into making things to RE.

Lower level items can sell for high prices because a lot of people with high level characters send their low level alts a big lump of cash so that they can have the best gear.

These are opportunities for profit for those that go through the effort of gathering materials for sale or making low level items to serve the "rich alt" market.

I don't think I have checked the GTN in 3-4 weeks. Between cybertech crafting and commendations for mods, there's nothing to buy.

There is your simple answer. Very few can get enough material through simple questing and even questing + crew missions is hard to keep a dedicated crafter enough materials.

Thus the demand is greater than the supply and that causes prices to go up. Thus it is the independent farmers who gather excess material and put on the GTN.

Say you and everyone else needs Titanium such that I can put it on the GTN for 1000 credits per unit of Titanium and sell it for that price. You will not get any Titanium because you refuse to buy it at that level. On the other hand say I put it on the GTN for 100 credits per unit of Titanium, you still wont get it because someone else will buy it up before you see it and then repost it for 1000 credits a unit.

Since someone is going to make 1000 credits a unit, it probably should be me since I put in the time to get that much material. The time it takes me to get a decent amount of Titanium, I could make 1000's of credits or more questing so the amount of credits I make gathering needs to be high enough to make it profitable. I am not going to pass on 20,000 credits I could get questing to put something on the GTN for less than that amount.

If you think the price is not worth 1000 credits a unit, you spend 8 hours one day finding enough materials so you can craft you stuff. Time is money.


Supply and Demand =/= greed.