Dumb undercuts

Well I just logged, and I saw mats for prefabs selling for triple digits. I was selling red crystals for 20K each yesterday, I bought like 50EA from different players and only spend like 40K.

Suffice to say, the market is going to continue to drop, but I ain't mad... I collected enough sales to buy my own guild ship if I wanted.... LOL...

I find your confusion odd. This is the free market at work. I would expect you are aware of that.

Define "most. The Bible Belt shortsightedness never ceases to amaze me.

Seeing some funny undercuts now that the new pack stuff is starting to circulate now. Walkhar Auspice's (the new really rare mount) started at 10 million which was quickly undercutted by the next person down to 5 million. Person who posted the 10 million one dropped theirs down to 4 million. Gotta love the impulse sellers

I love when people get upset because they overpriced things while your stuff sells.

Your expectations are a bit high. What happened here is very common among people who like to think they are capitalistic. Most people are not like Warren Buffet and because they are not, they don't understand the value of pricing. Selling supplies and Conquest + Stronghold related things is an amazing example. Few items on the market. People are not buying those because of extreme stupid-factor on pricing. Then someone comes in, sells with reasonable, if still really high price, making massive profits, leading to entitled, self-righteous and blood sucking leeches crushed by people who know how to trade.

Run, you fools = Cash flow, you fools

Undercutting is one thing, pricing to sell over your competition makes sense....pricing so low that you would have made 2x as much if you had sold the mats you started with is STUPID! Today the price for Dark Projects on Harbringer had dropped to as low as 400k..... The Rakata Energy Nodes alone are 300k on the market, 90-180k each for the other blue/purp mats for the final stage, plus 400k for the Invasion Force alone..... Basicly these idiots are saying "Hey I've got the mats I will make stuff for you with them and then give the finished product to you for LESS than the value of the original mats...."

A real world example...Say a jewler goes out and finds a spot to mine gold, he gets enough raw gold together, takes it back to his shop, smelts it, then takes the purified gold and works it into a beutifull ring. Then he takes a huge diamond and sets it into this ring. He then sells this ring to someone he does not know FOR LESS THAN THE VALUE OF THE GOLD HE ORIGINALLY MINED!.......Can anyone see this happening in real life?

That's what these idiots are doing by dropping the prices of crafted goods to below the value of the mats involved in making them.
Now having said that, I understand undercutting, I do it as well, but if something is selling for 300k I will drop at most to 295k, I've seen fools today doing 50k or bigger drops to undercut.... Sure you will be more likely to sell that way but you would have done just as well with a 50 cred undercut and still had 49k more profit.....

I like this drop in prices. I'm not crafting any of this cr*p because it's convoluted beyond any and all reason. So I'm waiting for the prices to drop even more to get stuffs I needz for mah stronghold.

If you think they are priced too low, buy them and re sell them.

Duh.

Don't you think the only reason why there are undercuts, is because the highly inflated prices for what it actually is, I mean, the items are only worth what people are willing to pay for them.

I regularly undercut folk, why, because I don't want the item, and so I put it on less than the original post to sell it

If it don't sell at that price, I then reduce it again, and so it continue's

I really want a Bantha, I can't afford 8mil to buy one, so I'll wait, eventually by undercuts. it will eventually come down so I can get one, let undercutting continue I say..

It's just the way finance works in gaming and RL..