Why people are so crazy with GTN prices ?

EDIT: Darmn, just woke up and so tired that I didn't not ice this was a stupid necro...

....burn the thread with fire!

It is called capitalism look it up. If you do not like it do not buy price will go down.

I value my time and want to get paid for it.
I will Buy all the low sellers as re list in my price margin.
I will manipulate the item or mineral market any way my wallet allows me to in order to maximize my profit per minute.

You can

A) Be pissed about it and whine

or

B) Roll an alt and cash in as well while under cutting by small amount.

The choice is yours.

well, GTN prices are based around what people are willing to pay for an item. You're just the victim of money scroungers. Always beware of people who are grasping constantly for money .. always ask yourself what they want it all for.
Also, bear in mind that goldsellers use the GTN to trade money to the people who bought the money .. so you may see outrageous money being sought for very average items on the GTN (20 million credits for a green etc etc etc), most likely they are goldsellers hawking their illegal wares.

Sometimes i get amazed to check GTM for armorings, mods and enhancements to see that their prices are far too high in my opinion.

But that's not regarding mats only, yesterday a saw a level 15 non-modifiable purple pistol there for 300.000 Crs and another non-modifiable level 11 purple rifle for 499.000 credits.
Ok, they're rare world drops, but who the hell in their sane minds would pay those prices for such low level non-modifiable items?

Some other prices are justifiable, like the X-52 Wraith Infiltrator sniper rifle I bought for my sniper a few days ago. O paid 400.000 Crs for it, but it's a freaking difficult item to obtain from jewel blue boxes, so the price was justifiable.

A few weeks ago, i got the whole Hydra Set for the bounty hunters (but the waist piece) for around 200k Crs the whole thing, just because i farmed the pieces day in and day out. Today, if i want to sell them, i'll have a (at least) 1000% profit, because each piece is around 100 ~ 150k Crs and i bought them for around 15 ~ 30k a piece.

But sometimes I check for 25+ armorings and mods and see some of them for 500k Crs, 1.5 mil Crs and so on. To me, it's just insane, because people don't spend nearly 0,010% of the charged price to get the mats to craft the items. Black core crystals are even worse.

That's the reason I now have a cybertech to make my armorings, an armormech to make my gear and an armstech to make my barrels.

And the items i craft, i put the price depending on the base price that GTM gives you.

If the item's base price is 2500 Crs, I would sell it for 7500 ~ 10000 Crs, which is fair for me and for anyone looking for such item. I still get my profit and the buyer get the item he wants for a fair amount.

This week i sold some spare enhancements i had (low level ones, level 15 i guess) for around 7500 Crs each, where the normal price in GTM was 12000 Crs and all the items were gone within the day.
But if i craft something that already have a fair amount available in GTM, i check the lowest price and cut it in around 5 ~ 10% and put it for sale.

But yeah... people are kinda crazy with GTM prices.

To me, they shoudl think about large scale profit, make more, sell for lower prices, profit with amount of sales, instead of making 2 or 3 items and struggle to sell at least one of them.

I myself, prefer to profit based in the amount of sales.

^ This. I laugh looking at a lot of prices on GTN. Some are obviously pulling prices out of their butt and out of tune with the market. Others pad too much. When I put items or a stack of whatever on there they sell pretty fast, because my prices are reasonable but very profitable. Usually way lower than the price padding dummies and too high for resellers to bother with.

Its greed, credit resellers, and such. 4 months ago I was making purple barrels all in the 40+ range. I place about 50 up their and sold them at 50% of the highest one. That gave me room to recoupe and make a nice profit. I put them up about 10pm my time, log off got to work come home all gone. I didnt care my stuff was beign resold but never moving but only the ones I sold at a lessor price.

I love that items say made by.... This is how I knew my stuff was being resold and not moving at that high price.

If something cost me 5k to make I only need to mark it up 1k more not 50K more like some people do.

So you pretty much do as i do.
Make profit with the amount of sales, not with the higher prices.

A few days ago, i made a few level 15 imp agent belts with my trooper (Montes) and sold them for around 19,500 Crs each, while the lowest price i found was 27,000 Crs and did the same thing as you, woke up the next day, got to work and when i came back home, all of those belts were sold.

So let's make the calculations...I crafted 10 of those belts, i didn't spend anything with mats, since i had bulks of them in my vault from previous skill missions.

So "out of nothing" i made 195,000 credits by selling amounts of items instead of only a few.

If i had to "price up" the materials i used to make each of the items, they'd be around 2,000 crs each.

So:

10 (items) X 2,000 (cost to make each one) = 20,000 crs.

10 x 19,500 (price tag for each) = 195,000 Crs.

195,000 - 20,000 = 175,000 Crs of profit.

And this is enough for me per day, since i do a lot of dailies and most of my credits come from them.

yeah its the people that state....When the cost of my armor, weapons, and time to get all the resources and make them have to factor into my selling price.


Ummm you can still hunt, kill, quest as stuff is being made. It's not like you had to sit in a corner for hours as the suff is being made.

Then you have the followers that say.. Oooohhh that sold for a million and it's gone I will sell mine for 1.5 mil and so on.

You forget sometimes some players put outrageous prices on the market in order to have the item mailed back to them when it expires in order to use the mail system and GTN as rotating extra bank space.

Exactly... you don't sit at a corner of the fleet or your ship and stay there the whole time, you still go on quests and do everything that you said while you do so.

When i start doing my dailies with my trooper, i only use the healer for heroics and another dps for common quests and while i'm doing so, the other companions are away on gathering missions for mats. Just as simple as that.

Also, most of the credits (like 80%) I spend with those missions, are given back to me from mob drops.

Haha, this is kinda funny but it can also happen yes.

But i think it's cheaper to buy another tab in your locker than list an item in GTM for like 5 mil credits.

I really don't know for sure, because i never had the need to have more than two tabs in my locker, one just for mats and another for gear, guns, schematics.