Guild Wars 2

I undercut mainly b/c I dislike the tp. I will continue to do anything and everything I can to hinder those using it solely to gain wealth. As I do not really care about my personal wealth, watching ppl post about how ppl like me upset them, is my reward. As tp players upset many players its just my way of balancing things out……tc and hf

The invisible hand. That’s how markets work.

Essence Snow.3194:

I undercut mainly b/c I dislike the tp. I will continue to do anything and everything I can to hinder those using it solely to gain wealth.

If you’re serious, the best way you can hinder the market is to vendor everything. By selling items too cheaply on the market, you’re providing a savvy trader an opportunity to buy up your cheap item and flip it for more money.

Revolution.6301:

CrockD.8257:

Revolution.6301:

Look if you stop undercutting you’ll make more money. Thats the point.

People will see somtimes 2 to 3000 of an item and panick and and cut a price from 35 to 36. But think about it, if there are SO MANY of an item then logically its liquid enough so there is no need to undercut.

On a side note: I’ve found that the ‘last’ price poster gets his/her stuff sold first. (I’ve tested this many times). So actually you should just repost your orders instead of undercutting.

You really don’t get markets do you? People are “undercutting” (fancy word for selling at the lowest price) in order to beat their competition (you) so that they can turn their profit and immediately move on to the next profitable market. In the TP game “churn” is important. People who are looking to make money trading in the markets want to see an opportunity and flip it fast so that their money isn’t tied up in an asset for days while they wait for the price to come back. If your money is stuck in an asset you can’t use it for the next big trade. Choosing to not undercut you is in no way a profitable activity for me what so ever. If it bothers you that the markets move fast then you might want to think about not playing them. Finally for all those folks who will give the “why don’t you actually play the game” comment. We all play a game that has an open and functional marketplace, that marketplace is free for actors to participate in however they want. The actions of those individuals helps to make markets more liquid (because they are ‘market makers’) and if you still have a problem with it, it’s the way ArenaNet made the game. It is what it is.

Actually I do buddy. Talking down to me is a logical fallacy and is rude of you. Oh and I’m not sure if you know this but this isn’t real life. So encouraging people to make more money so I make more money at the same time is doing the community a favor. Again stop the undercutting and overcutting since it really does kills many markets. I’ve seen entire markets killed for weeks because someone undercut or overcutt just to sell faster even though they would probably sell at the same speed had they just priced it normally. Since the last buyer/orderer is sold/bought first!!

I don’t think he was talking down to you or being rude. He currently chooses to play this game as a market trader. To him a constant stream of quick, low profit trades is better than a single higher profit trade that takes longer to turn around. And it sounds like he’s good at it. Do you begrudge players who are better at PvP than you are? This is no difference, he’s simply better at working the market, PvPing there so to speak.

I always undercut by up to 10c, to the nearest 5. EG if its 1s 12c, I sell for 1s 5c.

Deal with it :p

Market forces at work, its an ecomony for a reason.

If you put something up for sale above the vendor price, expect to get undercut.

Complaining about it is ludicrous.

If you can’t figure out how to use the market, don’t QQ about it.

PopeUrban.2578:

Think about it from the perspective of someone who doesn’t play the TP, but has half a brain to get a fair deal.

I don’t have any need for ectos, so I sell rather than salvage rares. This is the “safe” money, as I’m not gambling on how many or few ectos I may be able to sell off.

Given that rares are a niche-flip market due to the vast number of levels, prefixes, and suffixes, I can be sure that simply clicking “sell to highest buy order” can often knock my profit margin by as much as 20s in some cases.

So when I sell I check the difference between buy/sell. if its reasonable (within 2-5s or so), then I’ll just sell to the buy order. if it’s an obvious flip (e.g. Obscure L79 rare with 30 buy orders at 15s below the sell order) then I know I can make better money by undercutting the flipper by a few silver and still sett the item within the hour.

I’m not focused on my profit percentage. I honestly don’t care. I’m not against people playing the market and I always smile a little bit when I encounter an obvious flip as such because I know there’s some enterprising individual out there risking a big pot of money for a bigger payoff. I like that that exists in the market.

However

I want the money for my rares fast, and I want roughly what they’re worth, give or take a few silver. I don’t bother with the 1c undercut game because in my experience it just results in me spending more time playing the market against people who actually enjoy playing the market. I’ll go for the 1-5s undercut because I’m still getting very near the market value of my item, but I’m still selling it within the day or even hour.

This allows me to make solid money from drops and the MF without actually needing to play the market and worry about my profit margin. Which in turn allows me to spend my time doing things I enjoy, like getting more drops.

Even as someone that plays the TP heavily, I still do as you do with items I get in markets I’m not bothering with.

If I’m out and about and get some random lower value exotic drop, check the TP and see lowest buy for 1.6g highest buy 2.2g, I’m just putting the item up for 1.9g and moving on. I know it will sell and I got a good enough price. I’m not trying to squeeze money out of a low demand item then seeing 3 weeks later it’s still sitting there because I got undercut 20 times.

There’s always that one guy too, CAPTAIN DISCOUNT. If I do a 1c undercut on the exotic instead, CAPTAIN DISCOUNT has 62 of whatever low demand higher value item I just looted and he always seems to like to unload them all 3 seconds after I list my item. It always makes me wonder “Why the hell did someone slowly buy out Coldsnaps all that time just to make this piddly money?” but CAPTAIN DISCOUNT has no time for such inquiries. Hehe.

I usually salvage rares I get as drops but if I decide I’m just going to TP some rare drops I do the same thing. Buy order 27s, sell order 36? Here, have it for 34. I don’t care. It’ll definitely go. If someone undercuts me, his and mine will both go. Good enough. I’m not goofing around with the perfect sell just to see a month later that they’ve gone down 0.5% in price so the rare is still sitting there and I have to relist over something so silly.

I’m a big believer in money in exchange for peace of mind. Am IRL and am in the game too.

Essence Snow.3194:

I undercut mainly b/c I dislike the tp. I will continue to do anything and everything I can to hinder those using it solely to gain wealth.

Wasting your time. Unless you know where people’s price targets are (and you’re just guessing by looking at the prices on the TP), most of the time you’ll just be pricing your goods at a level that allows the traders to pick them up even cheaper and ending up with less yourself.

Pandemoniac.4739:

Essence Snow.3194:

I undercut mainly b/c I dislike the tp. I will continue to do anything and everything I can to hinder those using it solely to gain wealth.

If you’re serious, the best way you can hinder the market is to vendor everything. By selling items too cheaply on the market, you’re providing a savvy trader an opportunity to buy up your cheap item and flip it for more money.

Haha, exactly. I can’t say how many times I have made a profit off of someone trying to undercut the market by too much!

clay.7849:

Pandemoniac.4739:

Essence Snow.3194:

I undercut mainly b/c I dislike the tp. I will continue to do anything and everything I can to hinder those using it solely to gain wealth.

If you’re serious, the best way you can hinder the market is to vendor everything. By selling items too cheaply on the market, you’re providing a savvy trader an opportunity to buy up your cheap item and flip it for more money.

Haha, exactly. I can’t say how many times I have made a profit off of someone trying to undercut the market by too much!

Actually, if you really want to be sure you aren’t helping out those evil capitalists, you shouldn’t buy anything from the TP either. You could be buying it from someone who will (gasp) make a profit.

I undercut like crazy, cause I want ze money righ now

Those who don’t earn all their gold by playing the broker but they actually put an effort and earn their gold have no problem with this