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Should there be a limit to how high a price on GTN can go?

STAR WARS: The Old Republic > English > General Discussion
Should there be a limit to how high a price on GTN can go?

LeJarC's Avatar


LeJarC
04.10.2014 , 06:29 AM | #61
Quote: Originally Posted by Never_Hesitate View Post
As soon as you put a limit on how high prices on GTN can go, the really expensive things will only be sold on the fleet in the tradechannel
^ This

But, there's another side to this... I couldn't care less if someone puts a rare item (e.g. because of hard to get mats, inability to swap among legacy chars, or being drops from top-end raids, etc) on GTN for a ridiculous high-price, after all, the time spent to gather the mats or the needed piece for RE, also costs (because in that time the crafter could have done other missions with quicker returns). What I do sometimes wish would be controlled is the gear/weapons which is not that rare (gotten from packs) getting hogged by credit farmers, out to make enough credits to be sold again via websites...

As for the prices in general, if something is overpriced it won't get sold, so price will come down after some time if the seller has any smarts...

JamieKirby's Avatar


JamieKirby
04.10.2014 , 07:32 AM | #62
I can bet that most, if not all people saying no to this are the ones that are making millions in sales of these items and if this suggestion gets even remotely considered, their profits are threatened, ofcourse they will try to make it look like you are selfish to suggest something that threatens their profits.

So, in the end, the Topic Starter is thinking more about themselves and players that are new to level 55 (ie. their first character) and there is no way that they would be able to afford something that is quite likely needed to progress, i mean, i have been playing since the same went early access and i haven't got much credits.

I mean, majority of those that have THAT much credits tend to be the types that add as many 0's to the price tag as possible and since you get your deposit back if the sale fails, they lose nothing, so ultimately, they don't care if it fails or not.

I suggest that the deposit costs 25% of the asking price and if it fails to sell, they don't get it back.

Ultimately, what do people with money want? More Money.

Never_Hesitate's Avatar


Never_Hesitate
04.10.2014 , 07:46 AM | #63
Quote: Originally Posted by JamieKirby View Post
I suggest that the deposit costs 25% of the asking price and if it fails to sell, they don't get it back.
So you want the people to spam in chat even more because putting things up in the GTN isn't the best way to sell things.
waiting for ...

JamieKirby's Avatar


JamieKirby
04.10.2014 , 07:48 AM | #64
Quote: Originally Posted by LeJarC View Post
^ This

But, there's another side to this... I couldn't care less if someone puts a rare item (e.g. because of hard to get mats, inability to swap among legacy chars, or being drops from top-end raids, etc) on GTN for a ridiculous high-price, after all, the time spent to gather the mats or the needed piece for RE, also costs (because in that time the crafter could have done other missions with quicker returns). What I do sometimes wish would be controlled is the gear/weapons which is not that rare (gotten from packs) getting hogged by credit farmers, out to make enough credits to be sold again via websites...

As for the prices in general, if something is overpriced it won't get sold, so price will come down after some time if the seller has any smarts...
My gripe with prices on the GTN are not the high end purple quality crafted items, its the blue quality items that are crafted, i have seen items that are so easily crafted and cheaply put up on the GTN for a price so high infact that i had to do cybertech to get my own armorings, i gathered all the materials myself for all the armorings and mods i need and it barely cost a thing.

Its greed, pure and simple.

I suggest anyone that has trouble affording these insane prices that these greedy crafters sell their items for, to take up cybertech and craft your own armorings and mods.

wainot-keel's Avatar


wainot-keel
04.10.2014 , 07:59 AM | #65
Quote: Originally Posted by JamieKirby View Post
I suggest that the deposit costs 25% of the asking price and if it fails to sell, they don't get it back.
.
So people with millions would be able to really hurt those who are selling at the "right" (whatever that is) price. A modest good hearted crafter will list their goods at "reasonable" prices, then comes one evil crafter and undercuts the other. The first takes a huge hit and gets nothing in return. Nice thinking.

Pagy's Avatar


Pagy
04.10.2014 , 08:00 AM | #66
Quote: Originally Posted by royhenderson View Post
Given 2.7 prices on GTN for dread forged relics for example are insanely expensive. At one point as high as 25 million for focused retribution!

Of course some folks (the really rich folks that have been playing this game for years) can afford that but i assume a very large portion of the game doesn't come close to having that much TOTAL.

I feel that some people on GTN take advantage of others and offer things that are incredibly high in price. underworld relics for example are pretty reasonable and cheap and extremely effective relics yet the difference between both now is more than 10 million.

The fact that some sell dye modules for 5 million when you can get them with cartel coins cheap makes me wonder if there should be limit on certain items.
you need to take a basic economics class.

you are being greedy and myopic. there are people out there with more wealth than you. supply/demand dictates everything on the gtn. if you cant afford something, don't buy it. it's your strongest power.

if people are willing to pay these prices, then people will continue to sell at them. you are not a charity. you are not entitled to things just because they are there. can't afford it? then don't buy it.

if enough people agree with you, prices fall. people try to manipulate prices all the time. wait and watch the prices fall to something reasonable.

Vigilanis's Avatar


Vigilanis
04.10.2014 , 08:11 AM | #67
Well it is supply and demand, if the demand is there and people are paying those prices, then there will be a supply of items listed at that price, simple economics really. Especially if supply is in such high demand that actual availability is suffering, therefore the more limited stocks will of course continue to escalate in price. Only when abundance returns and people begin to drive the prices down by undercutting will the market bottom out in these currently expensive commodities.

I don't think it is a good idea to put a cap or glass ceiling at the top of the pricing scale as that is a restrictive economic tactic. I think it is better the market be more fluid and set by the player and what he is willing to pay. If someone has the money to buy a component at 25 million credits then so be it.

Any restrictions in an MMO will always be a bad thing I think when it comes to player choices.
Master Vigilanis (Guildmaster)

Rapid Serenity
Darth Malgus (Formerly Progenitor)

Pagy's Avatar


Pagy
04.10.2014 , 08:28 AM | #68
its pretty funny tho that the df relics are 25M tho; on pot5 they are 2.5-3.5.

someone tried to sell all the razalon's last week for 15M. they are back down to earth now.

if someone is selling relics for 25M a piece i say good for them! i paid 4M for a barrel on tuesday i can probably get for much cheaper now...i really dont care. i wanted it then and that was the price. it's a video game after all, no regrets.

Tungstenses's Avatar


Tungstenses
04.10.2014 , 08:29 AM | #69
Quote: Originally Posted by Kourage View Post
You are selfish and greedy.
People have a right to get as much as someone else is willing to offer them for their items.
If anything, your selfish and greedy. I don't think there should be a cap but come on? He wants lower prices and you call him selfish and greedy? Low blow pal, if anything you are just insulting yourself. Just just errrrnnggghh. *cringes*
Mainly A Sniper, Occasionally a Jugg

nerf sins and make PTs viable

Vandicus's Avatar


Vandicus
04.10.2014 , 08:33 AM | #70
Quote: Originally Posted by Tungstenses View Post
If anything, your selfish and greedy. I don't think there should be a cap but come on? He wants lower prices and you call him selfish and greedy? Low blow pal, if anything you are just insulting yourself. Just just errrrnnggghh. *cringes*
Wanting people to give more items for less credit(less work on your behalf) is greedy. That should be obvious.
Darasuum kote ner vode!
Darasuum kote Mando'ade!