Guild Wars 2

Hi,

Just like everyone in gw2 I do the evil act of undercutting when I’m selling items. But I only do it by 1 copper to reduce the impact on item price. I know it still reduces item price, but I want to sell my items quickly. So for that reason I understand when other TP users undercut me by few coppers. What I don’t understand is why do some kittens undercut by 1gold? I will appreciate it if people who undercut by about 1g can enlighten me .
I don’t see any point in undercutting by 1gold. Think about it this way, u undercut by 1 gold but then someone else undercuts u by few coppers. Now not only ur item wont be sold quickly but u just lost the chance of making 1g potential profit. The entire point of undercutting in Gw2 TP is that u want to be on top of the list because u want to sell ur item quickly. So, isn’t it smarter to get on top of that list with least amount of loss in potential profit?!

There’s two reasons that i’ve come across for wanting to undercut by more than one copper.

1. To ensure a quick sale, if you undercut a lot you are less likely to be undercut by others for 1c as they stand to loose more on the sale. Better to undercut the price above you by 1c and wait for your listing to sell.

2. TP flippers, this one is a bit shady as far as I’m concerned but as it only works based on player laziness i guess it’s okay. Basically you take an item that players are going to buy in bulk, list the bulk of them at a fairly high price, then you list one or two at a lower price. Players who don’t bother to check later prices will buy a bunch not realising that they are paying more per item than was first listed.

In your case i think it’s more likely number 1, people just want to be sure their items sell without having to deal with being undercut.

maybe they arent as greedy as you are

Like other people said, undercutting by e.g. 1g means

• less people will undercut them, some will just wait until the price rises again, or list there items 1c below the second cheapest seller
• more people may want to buy it, because it’s cheap!

It all comes down to their item being sold faster and having a higher chance at being sold at all. If that is worth 1g to these people, why shouldn’t they list their items that much cheaper?

By the way, YOU more or less profit from these people as well. If they’d only undercut you by 1c, then

• their items might sit there even longer, and
• the high price might encourage even more 1c undercutters.

So you’ll have to wait even longer until the price rises again and your item is being sold.

This is one of the basic principles of the Free Market. If you can offer your customers a better deal, they are more likely to buy from you than your competitors.

If I’m selling something that has a long queue of sale offers at prices 1c apart, I always undercut by a significant amount to discourage people from undercutting my sale. It works more often than not.

I’ve undercut significantly on high ticket items simply because I want to ensure a fast and easy sale. Undercutting by 5-20g means that I’ll have less competition and won’t have to relist my order every few minutes to make sure I’m still on top.

A lot of people will see that significant undercut and just decide to wait until my order has been fulfilled rather than try to match me. I’m paying a premium for this benefit.

The same applies for selling.

The only time I undercut someone is.if the listing is in the thousands. If it’s in double figures then I throw me lot in with that, if it’s running in the hundreds. Then it depends on what the item is. If it’s crafting, then why bother. But I always check the prices, to make sure there is not a massive gap between the lowest price and the few above. Want to make sure I’m not falling for a flipper.

Interesting responses.

Dinsy.2491:

There’s two reasons that i’ve come across for wanting to undercut by more than one copper.

1. To ensure a quick sale, if you undercut a lot you are less likely to be undercut by others for 1c as they stand to loose more on the sale. Better to undercut the price above you by 1c and wait for your listing to sell.

2. TP flippers, this one is a bit shady as far as I’m concerned but as it only works based on player laziness i guess it’s okay. Basically you take an item that players are going to buy in bulk, list the bulk of them at a fairly high price, then you list one or two at a lower price. Players who don’t bother to check later prices will buy a bunch not realising that they are paying more per item than was first listed.

In your case i think it’s more likely number 1, people just want to be sure their items sell without having to deal with being undercut.

I thought about exactly what u said for No#1. But why would u care about discouraging undercut price. What difference is it going to make to sell ur item under 1min or after 10min. To me item is sold quickly if it gets sold under 1 hour. All anything above 1c does is reduce ur profit for no reason. Because people even undercut sellers that undercut by 1g. Just today, I put up grow lamp for sale. I got undercut by 1g, and then 5 other sellers undercut that seller by 1c. Most casual sellers on TP dont care about flippers. All it’s doing is reducing ur potential profit.

penelopehannibal.8947:

This is one of the basic principles of the Free Market. If you can offer your customers a better deal, they are more likely to buy from you than your competitors.

I think everyone by now including non-economists know free market principles. This is nothing got to do with free market. Free market principle doesn’t really apply here. Buyers/ sellers can’t transact freely. We’re forced to use TP to trade. At best gw2 have Regulated Market.

Crimson Clouds.4853:

I’ve undercut significantly on high ticket items simply because I want to ensure a fast and easy sale. Undercutting by 5-20g means that I’ll have less competition and won’t have to relist my order every few minutes to make sure I’m still on top.

A lot of people will see that significant undercut and just decide to wait until my order has been fulfilled rather than try to match me. I’m paying a premium for this benefit.

The same applies for selling.

Nope, I’ve seen many sellers undercut 1g+ prices. It does nothing to discourage other sellers. U’re just reducing ur potential profit.

Izzu.1084:

maybe they arent as greedy as you are

Greed is good. :p

Anka.5086:

Crimson Clouds.4853:

I’ve undercut significantly on high ticket items simply because I want to ensure a fast and easy sale. Undercutting by 5-20g means that I’ll have less competition and won’t have to relist my order every few minutes to make sure I’m still on top.

A lot of people will see that significant undercut and just decide to wait until my order has been fulfilled rather than try to match me. I’m paying a premium for this benefit.

The same applies for selling.

Nope, I’ve seen many sellers undercut 1g+ prices. It does nothing to discourage other sellers. U’re just reducing ur potential profit.

While other people may undercut the 1g+, its alot less likely to happen than if you undercut by 1c in the first place.

It still happens of course but not frequently enough. IMO its worth the loss of 1g or w.e just for the higher chance of the item selling quickly, and ofc the convenience of not having to relist over and over.

Anka.5086:

Crimson Clouds.4853:

I’ve undercut significantly on high ticket items simply because I want to ensure a fast and easy sale. Undercutting by 5-20g means that I’ll have less competition and won’t have to relist my order every few minutes to make sure I’m still on top.

A lot of people will see that significant undercut and just decide to wait until my order has been fulfilled rather than try to match me. I’m paying a premium for this benefit.

The same applies for selling.

Nope, I’ve seen many sellers undercut 1g+ prices. It does nothing to discourage other sellers. U’re just reducing ur potential profit.

I didn’t deny that low ticket items get undercut too. The reasons are the same- if the item is getting flipped or is a high traffic item (e.g. silk) then of course there’ll be a lot of competition.

My anecdote is about buying as well.

And if you’re trying to sell something, undercutting does discourage other sellers. It doesn’t discourage every seller of course, but it does discourage a good portion of them. Getting rid of some of the competition is beneficial.

Moreover, it depends on the sellers desires. If a fairly “poor” player wants to sell a precursor, but the buy order prices are a little low, then it’s safe to undercut the other sell orders a bit. There’s a bit of peace of mind involved- the precursor is slightly more likely to sell, so the seller doesn’t have to worry so much about getting buried and having to re-list (and spend a lot of money doing so). More confident players/TP users would wait a short while and earn a few extra gold than if they matched the undercut price.

Anka.5086:

penelopehannibal.8947:

This is one of the basic principles of the Free Market. If you can offer your customers a better deal, they are more likely to buy from you than your competitors.

I think everyone by now including non-economists know free market principles. This is nothing got to do with free market. Free market principle doesn’t really apply here. Buyers/ sellers can’t transact freely. We’re forced to use TP to trade. At best gw2 have Regulated Market.

I think it does apply here – since if you want to sell something quick, you have to lower the price to beat your competition. The same is applying to the Trading Post – people are lowering their price to lower than their competitors to get their goods sold first.

Also – even the free market is regulated.

Anka.5086:

Izzu.1084:

maybe they arent as greedy as you are

Greed is good. :p

That’s right Gordon Gecko. And remember, lunch is for wimps.

Anka.5086:

Nope, I’ve seen many sellers undercut 1g+ prices. It does nothing to discourage other sellers. U’re just reducing ur potential profit.

I think the mistake is to assume that there are no “discouraged undercutters” just because you cannot see them.

Anka.5086:

penelopehannibal.8947:

This is one of the basic principles of the Free Market. If you can offer your customers a better deal, they are more likely to buy from you than your competitors.

I think everyone by now including non-economists know free market principles. This is nothing got to do with free market. Free market principle doesn’t really apply here. Buyers/ sellers can’t transact freely. We’re forced to use TP to trade. At best gw2 have Regulated Market.

Funny response. It actually shows that you actually do not understand what a free market is. You can’t even distinguish between free market principals and trade platforms/mediums.

Trades having to happen on the TP have little to no bearing on if the economy is free or not. That’s like saying we have no free market since trading happens on the stock exchange. Aside from some minor points of taxation (which too happens in free markets) and price floors for certain items (2-7c for crafting mats) the gw2 trading post is an absolute free market.

Anka.5086:

I thought about exactly what u said for No#1. But why would u care about discouraging undercut price. What difference is it going to make to sell ur item under 1min or after 10min. To me item is sold quickly if it gets sold under 1 hour. All anything above 1c does is reduce ur profit for no reason. Because people even undercut sellers that undercut by 1g. Just today, I put up grow lamp for sale. I got undercut by 1g, and then 5 other sellers undercut that seller by 1c. Most casual sellers on TP dont care about flippers. All it’s doing is reducing ur potential profit.

Obviously what is or is not of value or difference to you, another seller has different opinions on.

Isn’t it great that he has the freedom to give HIS desire meaning through pricing?

Anka.5086:

All it’s doing is reducing ur potential profit.

That’s what you don’t get. You don’t have a profit UNTIL your item sells. If prices do not spiral back up, you’ll be waiting a long time on that sell. Just because you’ve put something up on the TP, doesn’t mean it will sell especially if you get undercut. Just ask some of those legendary sellers who have to wait weeks or months.

Anka.5086:

Nope, I’ve seen many sellers undercut 1g+ prices. It does nothing to discourage other sellers. U’re just reducing ur potential profit.

Are you psychic? Can you tell how many people might have been discouraged? I certainly can’t.

Again, someone felt he’ll reduce his profit in favor of less risk. So basic.

Wait, wait. So if you’re evil by undercutting by 1c, is someone who undercuts you by 2c twice as evil as you? I think you haven’t kept up with the inflation of evil and by setting the bar so low you’re undercutting all us evil-doers who dream of world domination. You’re killing the evil market. Now that’s truly evil.

Some sellers, such as myself, act as wholesalers. I’ve undercut people by as much as 2g because I make my money on volume – not flipping. -Sid

Sidenti.6035:

Some sellers, such as myself, act as wholesalers. I’ve undercut people by as much as 2g because I make my money on volume – not flipping. -Sid

Bys definition, you cant be a wholesaler on tp because you cant influence, wether regular customers or other retailers/businesses buy your listings.

I don’t, I either sell at price or 1c above the previous seller. Since he put his stuff on the TP first he should get first dibs.

Cyninja.2954:

Anka.5086:

penelopehannibal.8947:

This is one of the basic principles of the Free Market. If you can offer your customers a better deal, they are more likely to buy from you than your competitors.

I think everyone by now including non-economists know free market principles. This is nothing got to do with free market. Free market principle doesn’t really apply here. Buyers/ sellers can’t transact freely. We’re forced to use TP to trade. At best gw2 have Regulated Market.

Funny response. It actually shows that you actually do not understand what a free market is. You can’t even distinguish between free market principals and trade platforms/mediums.

Trades having to happen on the TP have little to no bearing on if the economy is free or not. That’s like saying we have no free market since trading happens on the stock exchange. Aside from some minor points of taxation (which too happens in free markets) and price floors for certain items (2-7c for crafting mats) the gw2 trading post is an absolute free market.

Free market definition:
A completely free market is an idealized form of a market economy where buyers and sellers are allowed to transact freely (i.e. buy/sell/trade) based on a mutual agreement on price without state intervention in the form of taxes, subsidies or regulations.

Do you agree with that?
If you do, then Gw2 dont have free market. It’s regulated market. And yes, we don’t have free market in the real world as well. We have regulated market. Free market is idealized theory which we will never use. Unless we make radical changes to our way of life and culture we can never have true free market.

It’s like saying some of those middle-eastern countries and african countries have democratic ellections because they have voting system. We all know they rig all those elections. The word democractic elections is used in those countries the same way we use free market label for our economic system. To make it look good.
Then again our own democracy can also be questioned but that’s a topic for another day.

In gw2 we have taxes in the form of listing and exchange fee (taxes). We’re forced to only use 1 system to trade with each other (regulations). And if we use any other means we can be banned by ANET (state).

All I can say is we have elements of free market such as pricing etc. But the market is regulated. In my opinion, it’s wrong to define it as free market until it adheres to every principle.

Cyninja.2954:

Anka.5086:

I thought about exactly what u said for No#1. But why would u care about discouraging undercut price. What difference is it going to make to sell ur item under 1min or after 10min. To me item is sold quickly if it gets sold under 1 hour. All anything above 1c does is reduce ur profit for no reason. Because people even undercut sellers that undercut by 1g. Just today, I put up grow lamp for sale. I got undercut by 1g, and then 5 other sellers undercut that seller by 1c. Most casual sellers on TP dont care about flippers. All it’s doing is reducing ur potential profit.

Obviously what is or is not of value or difference to you, another seller has different opinions on.

Isn’t it great that he has the freedom to give HIS desire meaning through pricing?

I understand why they are doing it. And like u said it’s their right, i agree. But I still do find it wasteful (my opinion).

Anka.5086:

All it’s doing is reducing ur potential profit.

Cyninja.2954:

That’s what you don’t get. You don’t have a profit UNTIL your item sells. If prices do not spiral back up, you’ll be waiting a long time on that sell. Just because you’ve put something up on the TP, doesn’t mean it will sell especially if you get undercut. Just ask some of those legendary sellers who have to wait weeks or months..

I don’t have to ask them. I’ve been playing gw2 for over 2 years now. Sold about 5 Legendary weapons. And everytime I did, I undercut my competitor by 1 copper. Still manage to sell all of them under 1hr-2hr.

Anka.5086:

Nope, I’ve seen many sellers undercut 1g+ prices. It does nothing to discourage other sellers. U’re just reducing ur potential profit.

Cyninja.2954:

Are you psychic? Can you tell how many people might have been discouraged? I certainly can’t.

Again, someone felt he’ll reduce his profit in favor of less risk. So basic.

Not psychic, you can see the last 20+ sellers on TP if you scroll down sell section. You can clearly see someone undercut by 1g, and that person got undercut by few coppers by other sellers. You can check gw2spidy to look at the increase or decrease in item listings by other players.

Wanze.8410:

Sidenti.6035:

Some sellers, such as myself, act as wholesalers. I’ve undercut people by as much as 2g because I make my money on volume – not flipping. -Sid

Bys definition, you cant be a wholesaler on tp because you cant influence, wether regular customers or other retailers/businesses buy your listings.

At my volume, I’m practically guaranteed to not be dealing with Joe Sixpack. The people who buy my lots are almost certainly resalers – or incredibly dumb people who are allergic to profit.

Spread the wealth around. It’ll come back to ya. -Sid

Agemnon.4608:

I don’t, I either sell at price or 1c above the previous seller. Since he put his stuff on the TP first he should get first dibs.

Admirable act, I wish I had the same character quality as you do.

Agemnon.4608:

I don’t, I either sell at price or 1c above the previous seller. Since he put his stuff on the TP first he should get first dibs.

This. Makes. No. Sense.

Look, baby, your job as a salesman is to MAKE THE kitten SALE! If you’re actively allowing other people to undercut you, you’re just hoping THEIR sale trickles down to YOU.

It’s also detrimental to pricing for the consumer, and if too much inflation happens, customers go self-sufficient. They ain’t gonna pay 1g for a glob of ecto. They’ll just go farm it.

Without undercutters and wholesalers to keep prices low, the economy goes to hell. Keep that in mind the next time you’re feeling “generous”. -Sid

Anka.5086:

Free market definition:
A completely free market is an idealized form of a market economy where buyers and sellers are allowed to transact freely (i.e. buy/sell/trade) based on a mutual agreement on price without state intervention in the form of taxes, subsidies or regulations.

Please understand what you are linking first. And when using a definition, use the entire definition or you make yourself look very untrustworthy:

DEFINITION of ‘Free Market’ (http://www.investopedia.com/terms/f/freemarket.asp?header_alt=true)

A market economy based on supply and demand with little or no government control. A completely free market is an idealized form of a market economy where buyers and sellers are allowed to transact freely (i.e. buy/sell/trade) based on a mutual agreement on price without state intervention in the form of taxes, subsidies or regulation.

How convenient you left out the first sentence. We are talking about free markets, not completely free markets. Are you seriously taking this disscussion in this direction?

Anka.5086:

Izzu.1084:

maybe they arent as greedy as you are

Greed is good. :p

This explains the American economic system.

Sidenti.6035:

Wanze.8410:

Sidenti.6035:

Some sellers, such as myself, act as wholesalers. I’ve undercut people by as much as 2g because I make my money on volume – not flipping. -Sid

Bys definition, you cant be a wholesaler on tp because you cant influence, wether regular customers or other retailers/businesses buy your listings.

At my volume, I’m practically guaranteed to not be dealing with Joe Sixpack. The people who buy my lots are almost certainly resalers – or incredibly dumb people who are allergic to profit.

Spread the wealth around. It’ll come back to ya. -Sid

So let me get this straight. You undercut by 2g with such a volume that only resalers buy your stuff and regular customers stay away from it?

I can’t believe this is even a topic. List your items on the TP for whatever price you want to. It is not an ethical or moral quandary.

Cyninja.2954:

Anka.5086:

Free market definition:
A completely free market is an idealized form of a market economy where buyers and sellers are allowed to transact freely (i.e. buy/sell/trade) based on a mutual agreement on price without state intervention in the form of taxes, subsidies or regulations.

Please understand what you are linking first. And when using a definition, use the entire definition or you make yourself look very untrustworthy:

DEFINITION of ‘Free Market’ (http://www.investopedia.com/terms/f/freemarket.asp?header_alt=true)

A market economy based on supply and demand with little or no government control. A completely free market is an idealized form of a market economy where buyers and sellers are allowed to transact freely (i.e. buy/sell/trade) based on a mutual agreement on price without state intervention in the form of taxes, subsidies or regulation.

How convenient you left out the first sentence. We are talking about free markets, not completely free markets. Are you seriously taking this disscussion in this direction?

‘’ We are talking about free markets, not completely free markets’‘. If i wasn’t talking about complete free market I wouldn’t have mentioned market regulation and taxes in my first post. Maybe u shuld have read my first post more carefully, thought about the reason why I mentioned taxes and regulations before you jumped on the wagon.

‘’A market economy based on supply and demand with [b]little or no government control.’’

So you think ANET have little or no control over the economy? Gold sinks, taxes, regulations. We’re coming full circle. If u dont have anything to contribute, and keep on ignoring taxes and regulations it’s better if we end this conversation.

I put in buy orders priced somewhere between the top buy order and the bottom sell offer. If someone has an offer in that range, I’ll buy immediately. I also offer items the same way, unless there is a buy order in the middle, then that lucky person gets my goods.

Sounds to me like you overpriced your item.

If the price you listed for was a “good” price relative to actual volume of trades, it will sell, it may just take longer. But for higher priced items that listing you originally undercut by a copper may be the price nobody is willing to pay. I get caught by this on occasion if I don’t do any research on an unfamiliar item. All the copies of that item were sold at a “reasonable” price and what I find when I go to sell is an unreasonable one.

One reason for nonrefundable listing fees is to encourage sellers to set their sell price near/within the normal trading range. Now you don’t have to look up every item because experience should tell you something’s wonky about a price of an item you frequently sell is “off” so maybe you should go check out it’s sell history. The downside to this is this extra effort to set a good sell price is a reason why seemingly most players sell to the highest bid which fuels the “dreaded ebil flipper” bwahahaha! (To be clear, I don’t think player traders are evil.)

If your sell price is reasonable, then a large undercut is because they just want it to sell quick.

What amuses me about this discussion is that I’ve heard people complain about undercutting by 1c. You make virtually the same amount of money on the sale, but yours gets sold first, so undercutting a high-value item by 1c can be seen as incredibly rude.

By undercutting by a larger amount, you are making a more substantial sacrifice of profits in order to sell first, which is seen as more acceptable.

There isn’t much you can do about undercutting, and i dont really think it is a problem. It’s a very common practice in an otherwise healthy market. There are a lot of people who will decide to go the easy route of undercutting by large margins in order to sell quickly, just like there are people who fill out buy orders. All in the spirit of instant gratification. Without those people, there wouldn’t be money to be made in the first place.

I would advise being patient, if the item you posted is at a reasonable price, i 100% guarantee you it will sell.

What i do have a problem with is people posting bulk sell orders at current buy order price +1c in markets where there is a significant gap, but that is another topic.

I’ve purposely undercut and made multiple listings of items I unstack just so that it will cause a temporary market ‘crash’ (or just a spiked price drop) of the items in question. Why? Because it is funny watching people panic and start listing lower and lower until the item comes more in line with a reality price. It does break the price barrier between Sell listings and Buy listings, that is for sure.

I’ve also done the same with Buy orders where I see there is a HUGE disparity gap between those and the Sell orders. I’ll take and list like 20 or so different Buy orders that are a few silver/copper separate, but they are significantly higher than the last highest order. This way all following orders go around that price range and the gap shrinks.

Many times I lose money on these tactics. Other times I make money. But what is funny is watching speculators fall for the listings and it is almost like I’m manipulating them into doing it. ;P

Anka.5086:

‘’ We are talking about free markets, not completely free markets’‘. If i wasn’t talking about complete free market I wouldn’t have mentioned market regulation and taxes in my first post. Maybe u shuld have read my first post more carefully, thought about the reason why I mentioned taxes and regulations before you jumped on the wagon.

‘’A market economy based on supply and demand with [b]little or no government control.’’

So you think ANET have little or no control over the economy? Gold sinks, taxes, regulations. We’re coming full circle. If u dont have anything to contribute, and keep on ignoring taxes and regulations it’s better if we end this conversation.

All I see is a person who:

A.) never uses the word completely free markets at all befor getting called out on his wrong terminology. Words and term do matter and have meaning.

B.) does not seem to understand the difference between both and purposefully omits parts of definitions to fit his agenda wich in itsself is very scetchy.

C.) I think Arenanet have full control over the entire supply side variables in this market, and indirect control over the demand side while at the same time running a flat 15% goldsink tax and minimal price bottoms. Within this framework we have a free market enviroment and none of these factors have anything at all to do with the undercutting mechanic you have been arguing.

All in all, I do not see you as a very competent or honest market analyst.

Shame you cant really setup selling stalls in the openworld.

In aion I would buy hundreds of cheap tri-aether jelly and go to a hotspot of player activity in the open world and setup shop. Listed the jelly for 3x the price I bought them. AFK while at school/work. Come home sold out. But I mean, if you look at aion economy you should be glad gw2 is how it is atm.

Justine.6351:

Shame you cant really setup selling stalls in the openworld.

In aion I would buy hundreds of cheap tri-aether jelly and go to a hotspot of player activity in the open world and setup shop. Listed the jelly for 3x the price I bought them. AFK while at school/work. Come home sold out. But I mean, if you look at aion economy you should be glad gw2 is how it is atm.

Gotta disagree here. Selling outside the TP is horrible because:

Chat spammers advertising WTS x all day long
Inconvenience for buyers having to trudge around viewing shops all day to get a decent price instead of playing the game.
Clutter from tons of stalls.
Much higher risk of scammers (e.g putting an extra 0 on the cost of an item)
Lack of TP gold sink would mean inflation would get crazy really fast.

Cyninja.2954:

Anka.5086:

‘’ We are talking about free markets, not completely free markets’‘. If i wasn’t talking about complete free market I wouldn’t have mentioned market regulation and taxes in my first post. Maybe u shuld have read my first post more carefully, thought about the reason why I mentioned taxes and regulations before you jumped on the wagon.

‘’A market economy based on supply and demand with [b]little or no government control.’’

So you think ANET have little or no control over the economy? Gold sinks, taxes, regulations. We’re coming full circle. If u dont have anything to contribute, and keep on ignoring taxes and regulations it’s better if we end this conversation.

All I see is a person who:

A.) never uses the word completely free markets at all befor getting called out on his wrong terminology. Words and term do matter and have meaning.

B.) does not seem to understand the difference between both and purposefully omits parts of definitions to fit his agenda wich in itsself is very scetchy.

C.) I think Arenanet have full control over the entire supply side variables in this market, and indirect control over the demand side while at the same time running a flat 15% goldsink tax and minimal price bottoms. Within this framework we have a free market enviroment and none of these factors have anything at all to do with the undercutting mechanic you have been arguing.

All in all, I do not see you as a very competent or honest market analyst.

It’s unfortunate u feel that way. I do apologise for not making my analysis more transparent in my second post.

zombyturtle.5980:

Justine.6351:

Shame you cant really setup selling stalls in the openworld.

In aion I would buy hundreds of cheap tri-aether jelly and go to a hotspot of player activity in the open world and setup shop. Listed the jelly for 3x the price I bought them. AFK while at school/work. Come home sold out. But I mean, if you look at aion economy you should be glad gw2 is how it is atm.

Gotta disagree here. Selling outside the TP is horrible because:

Chat spammers advertising WTS x all day long
Inconvenience for buyers having to trudge around viewing shops all day to get a decent price instead of playing the game.
Clutter from tons of stalls.
Much higher risk of scammers (e.g putting an extra 0 on the cost of an item)
Lack of TP gold sink would mean inflation would get crazy really fast.

Never had any of those problems when I ran a merchant stall on my old MUD, but maybe you’ve just been playing some awful games with some awful people. -Sid

zombyturtle.5980:

Justine.6351:

Shame you cant really setup selling stalls in the openworld.

In aion I would buy hundreds of cheap tri-aether jelly and go to a hotspot of player activity in the open world and setup shop. Listed the jelly for 3x the price I bought them. AFK while at school/work. Come home sold out. But I mean, if you look at aion economy you should be glad gw2 is how it is atm.

Gotta disagree here. Selling outside the TP is horrible because:

Chat spammers advertising WTS x all day long
Inconvenience for buyers having to trudge around viewing shops all day to get a decent price instead of playing the game.
Clutter from tons of stalls.
Much higher risk of scammers (e.g putting an extra 0 on the cost of an item)
Lack of TP gold sink would mean inflation would get crazy really fast.

That sounds like you agreeing with me.

Justine.6351:

That sounds like you agreeing with me.

Sorry I thought you wanted a store option in GW2. I must have misinterpreted. :P

Sidenti.6035:

Never had any of those problems when I ran a merchant stall on my old MUD, but maybe you’ve just been playing some awful games with some awful people. -Sid

It was a F2P mmo and was quite awful so maybe some of the problems I listed wouldnt occur in GW2. You cant deny it would destroy the economy and cause insane inflation though.

zombyturtle.5980:

Sidenti.6035:

Never had any of those problems when I ran a merchant stall on my old MUD, but maybe you’ve just been playing some awful games with some awful people. -Sid

It was a F2P mmo and was quite awful so maybe some of the problems I listed wouldnt occur in GW2. You cant deny it would destroy the economy and cause insane inflation though.

It would only cause inflation, if Anet decided not to impose a 15% tax on gold exchanged through direct p2p trading. And if that was the same tax as on the tp, i doubt that this feature would be very popular.

Siphaed.9235:

Because it is funny watching people panic and start listing lower and lower until the item comes more in line with a reality price.

Now I don’t mind the stacking of multiple prices you’ve done, you’re free to do that after all, but who are you (or we, or anyone) as seller to say what is and what isn’t a reasonable price of a certain item?

Everything is worth what it’s purchaser will pay for it.

penelopehannibal.8947:

Siphaed.9235:

Because it is funny watching people panic and start listing lower and lower until the item comes more in line with a reality price.

Now I don’t mind the stacking of multiple prices you’ve done, you’re free to do that after all, but who are you (or we, or anyone) as seller to say what is and what isn’t a reasonable price of a certain item?

Everything is worth what it’s purchaser will pay for it.

Buyers. If yours isn’t selling because everyone is constantly undercutting but those are selling … you set your price … poorly.

Behellagh.1468:

penelopehannibal.8947:

Siphaed.9235:

Because it is funny watching people panic and start listing lower and lower until the item comes more in line with a reality price.

Now I don’t mind the stacking of multiple prices you’ve done, you’re free to do that after all, but who are you (or we, or anyone) as seller to say what is and what isn’t a reasonable price of a certain item?

Everything is worth what it’s purchaser will pay for it.

Buyers. If yours isn’t selling because everyone is constantly undercutting but those are selling … you set your price … poorly.

Good one