Why do people insist on killing prices?

This has been an interesting thread for me because, not having any crafting skills at all (I only take Scavanging and Slicing), I was never sure how the high prices on so much stuff on the GTN were arrived at, whether it was actually reflective of the costs involved or simply greed.

I mean, if the materials cost 50k and you charge 55, 60 or 65k, that seems a reasonable mark-up for your time and effort. If, on the other hand, it costs 50k and you're charging 130k, that would seem to be just greed. Still if someone is willing to pay that 130k, well, a fool and his creds are soon parted.

Lol @ op

never mind not worth the input

I think what your doing is just as stupid as the other guys, or worse.

Yeah, sure. Everyone want to sell theyr stuff, but why should you have the right to sell your item before someone else that had the item up longer that you?!

Its like this the prizes drops, seen it alot of times, 1 guy sells it for 130k, next guy puts it up for 129k, and the next guy after that 128k and so the game goes on and on. And suddenly its only worth 80k.

The majority of the resources needed to make augments can be found in the world. The only thing you need to pay for is the mission skill resources. 5 to 15k max A green critical augment 22 is only worth 5k. A purple? I'll sell it for 50k max.

I make more than enough credits from dailies. I dont see the need to make profit on the GTN. I put mine up to help outfit those that dont have them.

OK I stated quite flippantly that... "Hey! wait a minute I thought there was no economy in SW:TOR?"

And you told me... "You are correct, there really isn't; a simulated economy is not really an economy at all."

I asked... "Can you expand on why its a simulated economy?" as I'm not an economist, so you explain to me what the difference is and I then conclude that from your description that all MMO economies are simulated included the most famous player driven one, Eve, where they supposedly have a full time economist overlooking it. But my point is... No MMO has a "real" economy so we have to put with a simulated one and to my uneducated eye is still an economy to us players, talking economic semantics will not change that fact as all games are simulated as are not "real" that is all really.

Here's a question I have, because people keep talking about 'time cost' and how it takes time to gather the materials and send your companions out on mission and craft stuff.

Have those people ever played this game? Your companions gather materials for you (or you send them on gathering missions), you send them on missions to get the metals, they do the crafting for you. Literally the ONLY thing that actually takes you any time is Reverse Engineering stuff. I can gather a stack of lvl 6 Underworld metals in an evening of playing and it takes a grand total of 45 seconds out of my dailies and PvP (open crew skill window, accept rewards, send them back out again)

Where is this time/opportunity cost coming from? People treat it as if you can't do anything else while you're crafting, but you can do anything you want. You can easily craft two dozen items while you finish Black Hole dailies AT THE SAME TIME.

See, the above poster has realized that things have to be affordable to everyone. Ive studied MMO economics as a part hobby, and while there are many, many similarities to be drawn between virtual and physical economic structures, the simple bottom line is that MMO players go too far. No one is forced to buy things from the GTN to compete in the game, but seeing a green pistol for a level 15 character posted for 10k or more always makes me laugh. If this is your first level 15, you do not have 15k to piss away on a pistol upgrade, and if you have a sugar daddy alt, why would you justify spending that much for a very temporary upgrade?

People have highly unreasonable expectations of what things are "worth", and while you are even now hitting reply to tell me "Its worth what someone will spend", Im countering you with "This is why people buy in-game currencies, which you will no doubt cry, gnash your teeth, and wail about to the high heavens, while youre posting your green medkits at prices that you know damn well players dont have sitting around."

But you didnt see that, because you didnt read my whole post.

Whiskey Echo!!
chronotrigger

The price per item is whatever the market will bear....in other words, whatever people are willing to pay at that time. Absurdity has nothing to do with it.

because i want to. do i need any other reason?