Why do people insist on killing prices?

So, I sold 3 Advanced Skill augment 22's on the GTN for 130k each earlier, after I made a few more, someone was sellling one for 130k so I put mines up for 129k, then I check back later, and unlike me reducing price 1k, people have been putting up sales for 130k 120k 105k 90k, why oh why? They sell fast enough, there's really no need to drop them so much in price it's just not needed..

As im being pretty specific about it being Advanced Skill aug 22, I'd imagine this goes on for alot of other items in-game...

Anyway, had some time to kill so figured i'd vent a little heat on the forums

Then buy them and repost.

They want to make it harder for you to undercut them by 1k again.

I made almost 20 million in three days when 1.3 hit selling the Augment Slots by doing this very thing. I call it the Wal-Mart Economic Plan.

Say the Augmentors were going for 150k each. I would offer 14, for 1,500,000 which significantly reduces the price per unit. Trick was, you had to buy all 14.

I list individual items on the GTN to sell them quickly. It's cheaper to put the item up for the shortest auction length, so I make sure they sell by cutting the price.

20 years ago every retailer complained that Wal Mart was selling things too quickly. Why pay 20 bucks for a basketball at sports store when you can get it at wal mart for 12.

Personally I don't really care if it kills the value. And I really don't care if I am taking money from someone by doing it. That's economics. I generally only 1 or 2 items on the GTN in a given category, so I rarely get burned.

130k for 22's is completely absurd. Folks have as much right to lower the price as you do to rob people over their credits with your absurd prices.

Its how a market stabilizes.

There is no set price but what the person wants in return.

Your price may be too high, theirs may be too low. They even out in the end.

They might ask why do people try to rip others off by pricing so high? (not saying you were, just speaking in general).

It is all subjective.

The easiest solution I've found for this problem: Force Persuade myself that there is no kiosk.

Someone undercut your undercut, and you're mad?
This is amusing.

You realize that what you're complaining about is people not participating in an tacit price fixing scheme.

I have a hobby that consists of breaking markets.

I love to stack on an item then sell it for basically nothing.

Already broke the Biometric Alloy market on my server (not alone though, but I would go berserk at this lowering prices trend), now proceeding to break the Aug Kit market.


I just like to make goodies available to everyone, so I lower the prices.