Stop undercutting expensive items

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Posted by: champ.7021

champ.7021

If you say get a precursor that sells for 500+g (spark at 520g now) why would you undercut sellers. Sure most of the precursors will sell but youre missing out on a lot of profit. I was recently looking at the spark because i want to make my legendary and i jsut saw people missing out by undercutting almost 25g. Why would someone do this.

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Posted by: arjeidi.2690

arjeidi.2690

Maybe they think current prices are stupid. In MMO’s, they usually are.

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Posted by: knives.6345

knives.6345

If you say get a precursor that sells for 500+g (spark at 520g now) why would you undercut sellers. Sure most of the precursors will sell but youre missing out on a lot of profit. I was recently looking at the spark because i want to make my legendary and i jsut saw people missing out by undercutting almost 25g. Why would someone do this.

To sell their’s faster?

Vi Veri Veniversum Vivus Vici

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Posted by: CreativeAnarchy.6324

CreativeAnarchy.6324

I’m not going to worry about 25g when I’m selling for 500g, 475g, 450g, 425g, 400g,…… down to 150g.

I may even under cut by 100g.

I’ll sell mine faster, I want my gold now.

I do think the prices are stupid.

I speak for my self and no one else. Only fools believe they speak for a majority.

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Posted by: JustTrogdor.7892

JustTrogdor.7892

Your thread title doesn’t seem to match your post. If I read it properly, sorry it’s late, you were shopping for a precursor and you want people to stop selling them cheaper than the others? I think I would be asking for more of that.

As knives said it is like a lot of this game, people want it to sell faster so they collect their coin faster because they don’t want to wait. I like that though because I do a small amount of TP trading and people selling on the cheap just to cash in faster helps me a lot.

The Burninator

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Posted by: champ.7021

champ.7021

Your right should have been more specific. I have sold expensive things in the past…not too expensive but around 100g+ and ive had difficulties when items were not selling quickly in general and people started undercutting. I have a friend who was trying to sell dawn once and encountered a similar problem. Look i have no trouble paying for the spark and 20g isnt much for me but undercutting especially on items that dont move too fast really hurts people. My friend for example wasnt even a hardcore player because he had tons of work so couldnt play too much but really wanted to get some cool skins and needed every bit he could get. sure i get impatience but still it doesnt make sense to me. My friend eventually relisted which was a waste of what 60g + loss in profit.

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Posted by: Olba.5376

Olba.5376

A lot of precursors aren’t “investments”. They’re things people get as drops. Or something they’ve held onto for a while. Or maybe they’ve been throwing things into the Mystic Forge, but didn’t feel like getting a Legendary after all.

Since they’re not “investments”, there is no “profit” that could be “lost”. Granted, to you it appears that they’re losing on profits, but to them it’s irrelevant.

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Posted by: Shockwave.1230

Shockwave.1230

Your right should have been more specific. I have sold expensive things in the past…not too expensive but around 100g+ and ive had difficulties when items were not selling quickly in general and people started undercutting. I have a friend who was trying to sell dawn once and encountered a similar problem. Look i have no trouble paying for the spark and 20g isnt much for me but undercutting especially on items that dont move too fast really hurts people. My friend for example wasnt even a hardcore player because he had tons of work so couldnt play too much but really wanted to get some cool skins and needed every bit he could get. sure i get impatience but still it doesnt make sense to me. My friend eventually relisted which was a waste of what 60g + loss in profit.

It’s supply and demand. As the supply increases expect the prices to go down. Prices for precursors and legendaries are absurd at the moment, and obviously people have seen them up there forever. If they aren’t selling at those prices someone who gets a new one is obviously going to list them at a lower price. Why? Because if people don’t think it’s worth the current price there’s no reason to list it at the same price or higher. It only makes sense to list it lower so that it can sell.

Does this mean there are people who’s precursors and legendaries may never sell? It very well might, because they took a gamble on what they thought people would be willing to pay and didn’t take into account that things change over time, and by change I mean usually become more accessible.

Sylvari Elementalist – Mystree Duskbloom (Lv 80)
Norn Guardian – Aurora Lustyr (Lv 80)
Mia A Shadows Glow – Human Thief (Lv 80)

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Posted by: Kalarchis.8635

Kalarchis.8635

It’s a market. Vendors will put their prices as low as they need to move product and buyers will always go for the cheaper deal. If your items are gathering dust on the TP, your prices are too high. Go scroll down the price listings for Orichalcum sometime; it’s a good laugh.

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Posted by: Substance E.4852

Substance E.4852

Because there is only so much gold and if you want a person with deep pockets to buy your item instead of the one listed by the guy next to you you better offer the same product for less since we can’t sell a “better” version of it or at a greater convenience.

It’s the people who leave their listings at over 50% or more than the lowest that you should be questioning the sanity of.

Connection error(s) detected. Retrying…

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Posted by: Tamaki Revolution.3548

Tamaki Revolution.3548

I’m actually okay with people undercutting by a few gold. It’s people who undercut my 100g by 1c for 99.99.99 that get under my skin for some reason :P

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Posted by: Viking Jorun.5413

Viking Jorun.5413

Market flux as the result of undercutting is a perfectly normal phenomnomnom. In most cases, undercutting actually helps maintain a price rather than cause it to increase or decrease. It’s a demand check, and if that demand check succeeds the item is sold and the market returns to normal. If not, the price will go down and down until there’s again a demand for it.

Econ 101. Take it.

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Posted by: Sil.4560

Sil.4560

Sell in private.

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Posted by: maddoctor.2738

maddoctor.2738

If more people undercut expensive items, their price will drop, so everyone but the lucky ones win. Keep undercutting people and maybe the prices will become reasonable.

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Posted by: lunawisp.2378

lunawisp.2378

What difference does it make? There are lots of people playing the game. Some lucky person will snap up the cheap one. There’ll still be plenty of customers around for the others.

Found pottering around on Desolation (EU).
lunawisp was my peacebringer on City of Heroes – she lives on in memory as my gaming id.

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Posted by: Gehenna.3625

Gehenna.3625

I’m not going to worry about 25g when I’m selling for 500g, 475g, 450g, 425g, 400g,…… down to 150g.

I may even under cut by 100g.

I’ll sell mine faster, I want my gold now.

I do think the prices are stupid.

I like your reasoning.

The OP apparently wants to do something that is illegal in the real world and it’s illegal for a good reason: Cartel agreements.

Wanting to keep prices high artificially for the benefit of the sellers…not good for the economy in the end. I applaud everyone who undercuts those kittens.

It’s a game forum. The truth is not to be found here.

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Posted by: lunawisp.2378

lunawisp.2378

Keep undercutting people and maybe the prices will become reasonable.

Alternatively, keep undercutting people and the supply will dry up as it’ll no longer be worthwhile for the seller. Prices are high because people are willing to pay that price. if people don’t buy at a high price, it’ll drop, naturally.

Found pottering around on Desolation (EU).
lunawisp was my peacebringer on City of Heroes – she lives on in memory as my gaming id.

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Posted by: Treeline.3865

Treeline.3865

For me it is all listing fee.
If I put an item up for 500g and is second i queue to sell it, there’s a chance I will keep being number 2 and don’t get it sold. So I will have to take it down and pay another nasty listing fee to put it up again. No thank you, rather be safe than sorry. Undercut I always sell everything 1 copper lower than highest seller.

Leader of Heroes [Hero] – Seafarers Rest

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Posted by: Danikat.8537

Danikat.8537

I’ve never had a precursor but I’ve done this sometimes with other items, for a few reasons.

1. I want to sell it quickly. I don’t do flipping on the TP so when I’m selling something it’s not cashing in on an investment, it’s just trying to clear some inventory space by selling something I don’t want to someone who does. Most of the time I’ll just sell to the highest bidder, but occasionally if there’s a big difference in price I’ll list it instead, and I’ll always list it slightly lower than the lowest on there currently so it goes faster.

2. I think the prices on some things are ridiculous. If I’m happy to ‘lose’ that extra bit of profit I see no reason I shouldn’t do that instead of supporting the crazy prices other people have set.

Danielle Aurorel, Dear Dragon We Got Your Cookies [Nom], Desolation (EU).

“Life’s a journey, not a destination.”

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Posted by: ProxyDamage.9826

ProxyDamage.9826

By selling cheaper you also sell faster. Time is money. By making money faster you can also invest faster, for more profit.

If you’re upset someone got their precursor sold before yours – tough kitten. That’s how the market works. If you don’t wanna be undercut make your product cheap enough that people won’t want to. The financial value of an item will always be a meet up between how cheap people are willing to sell, and how high people are willing to buy. Apparently not as high as you listed. Deal with it.

The only problem is the 1c undercutting. There should be a minimum % of undercutting, a percentual value of the item (say, for example, 5 or 10%). Other than that it’s all good. If someone is willing to sell cheaper to sell faster, that’s their problem. If you want to sell even faster you know what to do. Otherwise, wait in line.

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Posted by: Smooth Penguin.5294

Smooth Penguin.5294

If you don’t like my undercutting, you can just buy my items, and then they’d be off the TP!

In GW2, Trading Post plays you!

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Posted by: Gehenna.3625

Gehenna.3625

Keep undercutting people and maybe the prices will become reasonable.

Alternatively, keep undercutting people and the supply will dry up as it’ll no longer be worthwhile for the seller. Prices are high because people are willing to pay that price. if people don’t buy at a high price, it’ll drop, naturally.

If the supply were to dry up then the prices will go up again and then supply will get higher again. That’s supply and demand. Artificially keeping prices high is like a cartel agreement and kills supply and demand.

And prices are not high because people are willing to pay the price if the prices are maintained high by a select group of sellers especially. Always realise that the lowest price on the TP is the price it has NOT been sold for, that’s why it’s still on the TP. It’s therefore a false indicator of what people are willing to pay for it. In essence it’s the first price people are not willing to buy it at since it’s still on the TP.

Now if someone comes by and actually needs gold for something and wants to make a quick sale that’s fine. Someone else is lucky and he has the gold he wanted for it. You can’t fault a person for that. It’s his choice. If others don’t like it they are free to buy it and sell it at a higher price again. That’s how it works.

It’s a game forum. The truth is not to be found here.

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Posted by: maddoctor.2738

maddoctor.2738

Keep undercutting people and maybe the prices will become reasonable.

Alternatively, keep undercutting people and the supply will dry up as it’ll no longer be worthwhile for the seller. Prices are high because people are willing to pay that price. if people don’t buy at a high price, it’ll drop, naturally.

No. Prices are high because some ridiculously rich people are buying anything below their “standard” price then put the items back on their own price. It happened some months ago with Spark, all Sparks below a price disappeared in flash and then 3 or 4 of them were added back at the same old super high price we were used to.

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Posted by: eveleaf.4132

eveleaf.4132

Listing a precursor for 1c under the lowest sell offer on the TP is usually a bad idea. That your friend did it anyway is not the fault of the next person who came along and undercut him significantly.

Just because you see a precursor listed for 500 gold does NOT mean yours is going to sell for 500 gold. It’s possible, sure, but there is no guarantee. Your friend did not “lose” 60g in profit; he priced his item incorrectly and paid 60g for a valuable economics lesson.

You can price things on the TP for whatever fool amount you want to…no one is obligated to buy it. Every trade is an agreement between buyer and seller. So especially in the cases of very high-priced items like precursors, the onus is on the seller to MAKE SURE they find a price that is agreeable to buyers. Every time you fail to do this, you pay a hefty penalty for your mistake.

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Posted by: Michael Fejervary.8576

Michael Fejervary.8576

If you say get a precursor that sells for 500+g (spark at 520g now) why would you undercut sellers. Sure most of the precursors will sell but youre missing out on a lot of profit. I was recently looking at the spark because i want to make my legendary and i jsut saw people missing out by undercutting almost 25g. Why would someone do this.

Simple. Its an item that exists in a market that is decided by the players outside of an in-game merchant paying only 2s64c for it.

Its worth is set by the developers, and they feel its worth 2s64c so anything above that that you get from a player is your profit.

Just because a 2s64c item gets placed by the first person at 500g doesn’t mean its worth that, and most people know this, but they will place theirs near that due to not wanting to miss out on a major transfer of wealth, and most will eventually just buy it because they WANT it so bad. Not that they really need it, because no on really NEEDS a legendary. They WANT a legendary.

You don’t have to like it, but once that item drops for a player it is theirs to decide what to do with and what they feel its is worth, and if they don’t feel the current prices are its true worth they have every right to sell it for less than the so called “going price” that fellow players think/assume something is worth.

You don’t want me to find a precursor, because while I would like to make as much as I can I also do not feel that that amount is the same as what the so called “going price” tends to be, and rule of thumb in every online game I have played is going at least HALF of the lowest price.

I don’t worry about who I upset or if another player is either going to get a very lucky deal or just come along and buy it and flip it at a way higher price, because I made what I felt was fair, and while they are buying up my cheaper more reasonable goods I am selling my stuff faster than they can theirs. So my share of the transfer of wealth comes in much quicker than their occasional burst of coin here and there.

Now for me I see someone as under cutting not because they feel the item they are selling is worth 100g less, but because they come in and set their item for 1c less than the current lowest offer.

They outright know that they are admitting that they feel the item is worth 500g, but they want to make sure that they sell first even if it means taking 1c less.

Just be glad that the developers don’t allow selling for under the merchant price, because that is a very profitable area for those of us who know what to do, and it makes flippers (and even under cutters) seem like they walk on water.

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Posted by: aeneq.1760

aeneq.1760

Do as most do, dont put it up on a sell order just wait for the buy order to become “reasonable” and sell it directly.

Undercutting by 1 copper usually means noone is going to jump at it and instead wait for someone who will undercut by a larger margin (they feel they get a better deal waiting).

Unfortunately if someone comes in and undercuts with 1cp on the previous larger undercut then the same logic could apply and price would trend downward (ofcourse as soon as it get close to the buy order they will get bought).

Anyway my point is that if you put it up for sell order you always will run the risk of getting it stuck in undercut lane, it might sell but itll take a while and youll just have to accept that.

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Posted by: Stone.6751

Stone.6751

Some people would prefer to take the cut in profit in order to get their gold back faster. If they are investing they don’t want their gold tied up on one item for days/weeks or longer.

Penny Royalty – Level 80 Guardian
Raingarde – Level 80 Necromancer

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Posted by: ilr.9675

ilr.9675

If the Pre’s we get from Scav Hunt aren’t account bound, I’m gonna be bumpin’ this thread months later for maximum Schadenfreuden… …Undercutting FTW

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Posted by: Behellagh.1468

Behellagh.1468

Sell in private.

And risk seeing no money.

We are heroes. This is what we do!

RIP City of Heroes

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Posted by: Phate.4871

Phate.4871

Let me place a hypothetical:

Say Io want a spark, but I cant bring myself to spend more than 505 gold. Currenty one is listed for 526 gold.

Say another person doesnt want a legendary and wants fast cash to rank and gear out an alt. So he list’s his newly dropped spark for 500 gold.

He doesnt know about me, but, by listing so much cheaper, he is trying to get a faster sale.

I then buy Spark at 500 gold, being under my price cap, and we both walk away happy. Its kind of like a pawn shop. Think of the tv show Pawn stars. The shop makes money, and the person pawning the item gets cash for an item they dont want to “sit on” or let collect dust, so they sell it for under full value, but instead get the fast cash.

FA warrior and mesmer.

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Posted by: Balkanwarrior.5132

Balkanwarrior.5132

I’ve sold numerous precursors and undercutting by 1 copper, 50s, a few gold can potentially screw you over and force you to relist. My worst experience was selling spark. I had to watch for 6 days as it kept getting undercut and once mine came close to being in the top 3 cheapest, 3-4 would pop out of nowhere and get listed for 10-15g cheaper at least. Ending up having to relist and eat another 30g listing fee.

My advice for anybody selling a precursor is to not be greedy and list somewhere in between the highest buy offer and lowest sell offer. If it’s a high demanded precursor like Dusk, you MIGHT be able to get away with listing it 5g cheaper then the next, but its up to you if you want to take that chance. If the highest buy offer is 500g and the cheapest sell offer is 580g, consider listing yours somewhere around 550-60g for the best possible chance at having it sell and still bringing you as much $ as possible. Otherwise, listing it at 579g 99s 99c could potentially screw you over

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Posted by: TheOneNOnlyGeneralBama.9586

TheOneNOnlyGeneralBama.9586

I’ve sold numerous precursors and undercutting by 1 copper, 50s, a few gold can potentially screw you over and force you to relist. My worst experience was selling spark. I had to watch for 6 days as it kept getting undercut and once mine came close to being in the top 3 cheapest, 3-4 would pop out of nowhere and get listed for 10-15g cheaper at least. Ending up having to relist and eat another 30g listing fee.

My advice for anybody selling a precursor is to not be greedy and list somewhere in between the highest buy offer and lowest sell offer. If it’s a high demanded precursor like Dusk, you MIGHT be able to get away with listing it 5g cheaper then the next, but its up to you if you want to take that chance. If the highest buy offer is 500g and the cheapest sell offer is 580g, consider listing yours somewhere around 550-60g for the best possible chance at having it sell and still bringing you as much $ as possible. Otherwise, listing it at 579g 99s 99c could potentially screw you over

Aw man Balk i didnt tell you how much gold i lost in relisting those precursor i listed in my precursor thread did I? within the 7 days i got those precursor i total out at 110g relisting because i have the worst patience in the game and i always pay for it.

I never expect to lose. Even when I’m the Engineer , I still prepare a victory speech.

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Posted by: Balkanwarrior.5132

Balkanwarrior.5132

I’ve sold numerous precursors and undercutting by 1 copper, 50s, a few gold can potentially screw you over and force you to relist. My worst experience was selling spark. I had to watch for 6 days as it kept getting undercut and once mine came close to being in the top 3 cheapest, 3-4 would pop out of nowhere and get listed for 10-15g cheaper at least. Ending up having to relist and eat another 30g listing fee.

My advice for anybody selling a precursor is to not be greedy and list somewhere in between the highest buy offer and lowest sell offer. If it’s a high demanded precursor like Dusk, you MIGHT be able to get away with listing it 5g cheaper then the next, but its up to you if you want to take that chance. If the highest buy offer is 500g and the cheapest sell offer is 580g, consider listing yours somewhere around 550-60g for the best possible chance at having it sell and still bringing you as much $ as possible. Otherwise, listing it at 579g 99s 99c could potentially screw you over

Aw man Balk i didnt tell you how much gold i lost in relisting those precursor i listed in my precursor thread did I? within the 7 days i got those precursor i total out at 110g relisting because i have the worst patience in the game and i always pay for it.

LOL geez man. Gotta be patient with those things. 110g in re listing fees is brutal

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Posted by: Behellagh.1468

Behellagh.1468

I’ve sold numerous precursors and undercutting by 1 copper, 50s, a few gold can potentially screw you over and force you to relist. My worst experience was selling spark. I had to watch for 6 days as it kept getting undercut and once mine came close to being in the top 3 cheapest, 3-4 would pop out of nowhere and get listed for 10-15g cheaper at least. Ending up having to relist and eat another 30g listing fee.

My advice for anybody selling a precursor is to not be greedy and list somewhere in between the highest buy offer and lowest sell offer. If it’s a high demanded precursor like Dusk, you MIGHT be able to get away with listing it 5g cheaper then the next, but its up to you if you want to take that chance. If the highest buy offer is 500g and the cheapest sell offer is 580g, consider listing yours somewhere around 550-60g for the best possible chance at having it sell and still bringing you as much $ as possible. Otherwise, listing it at 579g 99s 99c could potentially screw you over

Or you could think selling it for 500g right away is better than waiting for that extra 50 or 60g. Especially if it took a large chunk of your money just to list it.

We are heroes. This is what we do!

RIP City of Heroes

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Posted by: eveleaf.4132

eveleaf.4132

Aw man Balk i didnt tell you how much gold i lost in relisting those precursor i listed in my precursor thread did I? within the 7 days i got those precursor i total out at 110g relisting because i have the worst patience in the game and i always pay for it.

Good heavens…wouldn’t it have been cheaper to just fulfill the highest buy order and get the money instantly?

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Posted by: TheOneNOnlyGeneralBama.9586

TheOneNOnlyGeneralBama.9586

Yeah my patience always been a hindrance in games , RL im fine but in games wow..

I never expect to lose. Even when I’m the Engineer , I still prepare a victory speech.

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Posted by: Venthus.6137

Venthus.6137

I side with the grey market (only in-guild so far). Get a good reputation and people will pay you first. I’ve been asked to stand in for escrow a few times as well.

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Posted by: Amun Ra.6435

Amun Ra.6435

Your right should have been more specific. I have sold expensive things in the past…not too expensive but around 100g+ and ive had difficulties when items were not selling quickly in general and people started undercutting. I have a friend who was trying to sell dawn once and encountered a similar problem. Look i have no trouble paying for the spark and 20g isnt much for me but undercutting especially on items that dont move too fast really hurts people. My friend for example wasnt even a hardcore player because he had tons of work so couldnt play too much but really wanted to get some cool skins and needed every bit he could get. sure i get impatience but still it doesnt make sense to me. My friend eventually relisted which was a waste of what 60g + loss in profit.

Undercutting is all part of the business. Your friend was just impatient. When I was in the market for my dusk I waited and waited til I though it was the perfect time to buy and ended up paying 540g, couple weeks past went down to around 520g. This was a couple months back…now it’s back to around 600g.

The precursor market does this all the time. He would have eventually got what he was asking for.

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Posted by: Sokina.8041

Sokina.8041

Undercutting is all part of the business. Your friend was just impatient. When I was in the market for my dusk I waited and waited til I though it was the perfect time to buy and ended up paying 540g, couple weeks past went down to around 520g. This was a couple months back…now it’s back to around 600g.

The precursor market does this all the time. He would have eventually got what he was asking for.

They’re actually 700 gold now. I matched the Lowest buy price, only to have somebody undercut us both by 1 single copper, not even 30 minutes later. I found it pretty funny, that somebody would do it, but I realize the issues if you have to pay 35 gold just to relist it. Seems fairly pricy for a relist, but meh. People are just going to keep doing it as long as they get their gratification faster.

(edited by Sokina.8041)

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Posted by: Behellagh.1468

Behellagh.1468

Or they are very competitive and what to be the one who sells it regardless the cost.

We are heroes. This is what we do!

RIP City of Heroes

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Posted by: Midnattsol.4503

Midnattsol.4503

If you say get a precursor that sells for 500+g (spark at 520g now) why would you undercut sellers. Sure most of the precursors will sell but youre missing out on a lot of profit. I was recently looking at the spark because i want to make my legendary and i jsut saw people missing out by undercutting almost 25g. Why would someone do this.

Why? It’s simple, really. GW2 is not farming friendly, and it punishes us for farming, honest farming. Prices on some Pre’s are outrageously high, and even more so since it’s almost impossible to farm in this game without Anet using the infamous Nerf gun to cripple our efforts.

I’m not saying that pre’s should be 100g, or even 200g, but having them 500+ is a bit too far.

Especially since the journey to getting a Legendary is already one long, agonizing journey with the amount of hardcore RNG+DR, getting those mats would take forever.

I’m not sure if people who have 2+ Legendaries simply got super lucky at the Forge, or chests? Or they actually spent $500+ to convert to gold and just buy out everything needed.

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Posted by: mtpelion.4562

mtpelion.4562

Why? It’s simple, really. GW2 is not farming friendly, and it punishes us for farming, honest farming. Prices on some Pre’s are outrageously high, and even more so since it’s almost impossible to farm in this game without Anet using the infamous Nerf gun to cripple our efforts.

I’m not saying that pre’s should be 100g, or even 200g, but having them 500+ is a bit too far.

Especially since the journey to getting a Legendary is already one long, agonizing journey with the amount of hardcore RNG+DR, getting those mats would take forever.

I’m not sure if people who have 2+ Legendaries simply got super lucky at the Forge, or chests? Or they actually spent $500+ to convert to gold and just buy out everything needed.

1. Precursors that don’t sell are overpriced. Precursors that do sell are not as evidenced by the fact that someone bought them.

2. If someone lists a Precursor at 500 gold and gets it, then it isn’t too far.

3. The Mystic Forge is your best chance at getting a Precursor. Farming is subject to DR while the Forge is not. If you want a specific Pre, here is the process:
A. Check the cost to buy the materials to make an exotic weapon of the same type.
B. Check the cost to buy the materials to make a rare weapon of the same type and multiply by 5.
C. Check the cost of the cheapest rares and exotic weapons of the same type on the TP.
D. Determine which of the above (A-C) is the cheapest route.
E. Use the cheapest route to acquire weapons to throw into the MF.

Server: Devona’s Rest

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Posted by: Smooth Penguin.5294

Smooth Penguin.5294

Why? It’s simple, really. GW2 is not farming friendly, and it punishes us for farming, honest farming. Prices on some Pre’s are outrageously high, and even more so since it’s almost impossible to farm in this game without Anet using the infamous Nerf gun to cripple our efforts.

I’m not saying that pre’s should be 100g, or even 200g, but having them 500+ is a bit too far.

Especially since the journey to getting a Legendary is already one long, agonizing journey with the amount of hardcore RNG+DR, getting those mats would take forever.

I’m not sure if people who have 2+ Legendaries simply got super lucky at the Forge, or chests? Or they actually spent $500+ to convert to gold and just buy out everything needed.

1. Precursors that don’t sell are overpriced. Precursors that do sell are not as evidenced by the fact that someone bought them.

2. If someone lists a Precursor at 500 gold and gets it, then it isn’t too far.

3. The Mystic Forge is your best chance at getting a Precursor. Farming is subject to DR while the Forge is not. If you want a specific Pre, here is the process:
A. Check the cost to buy the materials to make an exotic weapon of the same type.
B. Check the cost to buy the materials to make a rare weapon of the same type and multiply by 5.
C. Check the cost of the cheapest rares and exotic weapons of the same type on the TP.
D. Determine which of the above (A-C) is the cheapest route.
E. Use the cheapest route to acquire weapons to throw into the MF.

To add to this – no one should be blaming the game for Precursor prices, since it’s we players who set them. Midnattsol should be blaming us instead.

In GW2, Trading Post plays you!

Stop undercutting expensive items

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Posted by: Amun Ra.6435

Amun Ra.6435

Why? It’s simple, really. GW2 is not farming friendly, and it punishes us for farming, honest farming. Prices on some Pre’s are outrageously high, and even more so since it’s almost impossible to farm in this game without Anet using the infamous Nerf gun to cripple our efforts.

I’m not saying that pre’s should be 100g, or even 200g, but having them 500+ is a bit too far.

Especially since the journey to getting a Legendary is already one long, agonizing journey with the amount of hardcore RNG+DR, getting those mats would take forever.

I’m not sure if people who have 2+ Legendaries simply got super lucky at the Forge, or chests? Or they actually spent $500+ to convert to gold and just buy out everything needed.

1. Precursors that don’t sell are overpriced. Precursors that do sell are not as evidenced by the fact that someone bought them.

2. If someone lists a Precursor at 500 gold and gets it, then it isn’t too far.

3. The Mystic Forge is your best chance at getting a Precursor. Farming is subject to DR while the Forge is not. If you want a specific Pre, here is the process:
A. Check the cost to buy the materials to make an exotic weapon of the same type.
B. Check the cost to buy the materials to make a rare weapon of the same type and multiply by 5.
C. Check the cost of the cheapest rares and exotic weapons of the same type on the TP.
D. Determine which of the above (A-C) is the cheapest route.
E. Use the cheapest route to acquire weapons to throw into the MF.

To add to this – no one should be blaming the game for Precursor prices, since it’s we players who set them. Midnattsol should be blaming us instead.

We actually don’t set anything…Anet controls all prices through drop rates.

Stop undercutting expensive items

in Black Lion Trading Co

Posted by: Cod on Cod.3694

Cod on Cod.3694

But Anet doesn’t control demand.

A fine blend of everything, aged well.

Stop undercutting expensive items

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Posted by: Amun Ra.6435

Amun Ra.6435

But Anet doesn’t control demand.

They don’t have to. How much of a certain item in circulation controls the price. Thus, prices are what Anet wants them to be.

We are just left to play with bones.

Stop undercutting expensive items

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Posted by: Cod on Cod.3694

Cod on Cod.3694

But Anet doesn’t control demand.

They don’t have to. How much of a certain item in circulation controls the price. Thus, prices are what Anet wants them to be.

We are just left to play with bones.

An item could be super ultra rare.

But if nobody want’s it, what would that do to the price?

It’s supply and demand that controls the price. Not just “how much of a certain item in circulation”.

Sure, Anet designs these items, so to some degree they do control what people will want and crave enough to pay 100’s of gold. But the difference in what people think is awesome is (luckily) very varied.

A fine blend of everything, aged well.

Stop undercutting expensive items

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Posted by: Sarevok.2638

Sarevok.2638

Sue me, if I have something expensive I want sold, I’ll undercut you.

You can always buy it out and resell it if you must.

Stop undercutting expensive items

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Posted by: Like Forty Seven Ninjas.6982

Like Forty Seven Ninjas.6982

Your right should have been more specific. I have sold expensive things in the past…not too expensive but around 100g+ and ive had difficulties when items were not selling quickly in general and people started undercutting. I have a friend who was trying to sell dawn once and encountered a similar problem. Look i have no trouble paying for the spark and 20g isnt much for me but undercutting especially on items that dont move too fast really hurts people. My friend for example wasnt even a hardcore player because he had tons of work so couldnt play too much but really wanted to get some cool skins and needed every bit he could get. sure i get impatience but still it doesnt make sense to me. My friend eventually relisted which was a waste of what 60g + loss in profit.

Leave his right out of this, it was his left that was ambiguous!
lol anywho, people need to quit complaining about this nonsense. If you don’t sell yours at a cheap enough price….it wont sell and will be undercut. Markets don’t play favorites. Simple as that.

DH Yak’s Bend – Perfect Dark [PD]
Dr Hoppenheimer – Engi / Meowzir – Guard /
Mulcibur Nox – Ele / Mr Directed – Mes

Stop undercutting expensive items

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Posted by: mmzn.8201

mmzn.8201

If I drop an item that is 500g, and I think this price is stupid and I’m happy selling it for 400g little fast, I’m totally fine with it.

This prices are way too high sometimes (most of times tbh) I don’t blame people for undercuting.