The Markets- Greedy People!!!Follow

Short and simple:

1. Boycott (Don't buy from the auction house)
a. Wont happen because most are lazy.
b. Cant find everything at the shops.

2. Go level up and find thet expensive item and sell it yourself.
a. Again wont happen because lazy people.
b. People will complain they dont have the latest and greatest
to be able to lvl up. (you not supposed to always have the
latest and greatest when you lvl.)

3. As for the high prices.
a. You are paying for convenience
1. Not having to go kill that high lvl mob and almost die.
b. People are uninformed.
1. Educate people, send shouts where they can get it
cheaper.

lol :D

This kinda brought my thoughts completely off topic; can they really take down the servers? After all I've payed money for this game, and as with every other game I buy I feel like I want to be able to play it whenever I want to. Although I understand that keeping 30 (?) servers up just for me to be able to show my grandchildren what I played 50 years ago is a bit unrealistic..

[EDIT]Umm, this was supposed to go as a response to the guy talking about how it will be in 3 years or so..[/EDIT]

Edited, Wed Dec 31 21:02:09 2003 by AndreasT

-the only thing i am mad about is i cant buy bronze knuckles in bastok for 250gil, and sell them in the other towns for 1000gil anymore.
-This is called supply vs demand vs knowlege
-the new guys who are dropping the price 200gil, do not know that all they need to do is sell the items for 9 or 20 gil less.

LOL When you said don't be so greedy i thought you meant for people to stop charging so much for items!!!! Dude you are nuts. Mark downs is what the AH needs because prices for many items are unbelievably inflated. I may be new at the game but I have spent a lot of time looking at the market and I know when something is a blatent rip-off. THere is a few, VERY few good deals there but most things are just plain rip off. My method is just to look up the bid history and then price my item similarily...maybe a little lower if i want it to sell faster.

It's called Supply and Demand.... if there's a supply you charge lower.... and if there's demand you charge higher... simple as that... that's how it works in RL

I read a lot of posts on boards about this before I ever played the game so I was a little prepared for it. My first experience getting gil in the game was to shark people by buying guild stuff and selling it for exorbitant prices (luanan log 27 gil at guild.... 300 at AH!!)

Since then I've realized how bad that is (because Ive got cash now and don't need to do it). And if you know how to deal with these things, it isn't that bad at all.

I usually undercut when I'm playing the game, I need the money now to craft so that I can sell for more later. When I'm logging out I sell my stuff for much more. If I'm not going to be playing for say 24 hours, I know that my stuff is going to sell almost regardless of the going price (as long as my price is sensible).

A little math goes a long way. If you figure out how much you stand to make on what you produce and figure out the cost, in crystals and materials, you may find that you need to farm x amout to make a profit. I haven't lost money crafting or using the AH yet and really don't see how anyone could.

But I guess I am still a noob...

I just roll with the economic punches in FFXI. However, I wish some people would use a bit of economic sense at times, e.g. shopping around, not ripping people off, not buying stuff that has jacked-up prices on auctions just because they want it (I once passed on buying a 2.5K item I wanted simply because I could not get it for a little more than the highest price listed in price history...why should I overpay?) I don't overpay for an item because that will run the cost up for everyone else (I did once, boy was that stupid...fortunately the economy has corrected my mistake as the price for that item went back down). Someone else suggested passing on the item; eventually it will go off the auctions and the seller will learn his/her lesson.

Another thing that annoys me is that I will check the price of an item, then put up my item for that same price. Days later, my item will come back to me unsold. I'll check price history again to discover that the economy shifted and the price dropped. This is either a) because of supply and demand, and I roll with the punches and lower my price, or b) some idiot didn't check the price history and put their items up for whatever they felt it was worth, and now the economy is messed up and people are losing gil on items that are SUPPOSED to be expensive. Usually, the case is a). I say we just let the winds of economic change blow within reason and punish the price-gougers (e.g. the people who doubled the cost of armor boxes right after the "storage" upgrade, thus tricking people into thinking that armor boxes were more valuable than other furnishings because they gave you extra storage).

I don't see why people are b*tching about the Vana'diel economy. Yes, it's inflated, but that happens in real life as well. Personally, I think the AH is fine the way it is.

The only thing that's pissed me off in the AH was looking at the Price History for an Astral Ring (25 HP to MP...I could really use that). It used to be 100, but then some guy brought it up to 300,000! Now, I believe you can set whatever prices you want, undercut, buy out shops, whatever...but even with that mentality, that price is kind of outrageous.

Well, it does illustrate the rule of supply and demand. When there are more on the market, one guy is going to bring down his price so the people will buy his product instead, leaving the guy who put the price high without anything. That isn't being greedy, being greedy is pricing things several times their actual amount and knowing that they did it. Underpricing things as such is an economical move to get some money while the other guy is charging higher for the same item. Not only is that good, both the person charging lower for the item is making money, but the price for the said object goes down, thus allowing people who aren't obscenely rich to buy it. I usually buy from auction, and I do see massive price fluxuations.

Example..Item X is selling for 5,000 gil. Player Y has 5,000 gil. Player Y places a bid on it for 5,000 gil. Player Y fails, because the asking price is now 10,000 gil.

So, there is a large amount of greed present in the AH. Such as what Prssha described (I have not noticed this myself, so I'll take his/her word for it.)

I always set my prices about 50 gil below what the going price currently is. I don't find that greedy at all. I get the money quicker, and the person buying gets the item cheaper.

On the other hand, the people that set their prices 10x higher than they should be just because they're the only ones selling that item at the time, those are the greedy people.

Whats the point of having a player-interactive economy if everything is at set prices? If you have players selling to players for the same price every time, just eliminate that and save the people a lot of trouble. That is rather the fun of it, half humor, seeing that people are putting things on sale for so much, and then the feeling of satisfaction that you bought something for less. Quite often, I have gotten things from the AH that sold for less than they were considered worth.