So much Greed!

[Zbooo]

So now the market is completely messed up, all thanks to Dope, yes him.... Getting greedy and making the prices so low its unbelievable!

Now merchanting is worthless until Apple release comes out and pinks are introduced.

I'm not trying to flame or anything but seriously go check out the market, there is way too much supply and not enough demand. Already lost 90k on investments, and not making it back any time soon.

Any opinions?

[Flowman]

don't get green drops so no opinion.

[Physiologic]

How is this greedy? He has a lot of stuff to sell. If you have 1 item to sell, you have 1 thing in the auction. If you have 2,000 things to sell, you can have 2,000 things in the auction. The average seller fixes a price so that you can get profit and hopefully not let anyone undercut you.

[Flowman]

How is this greedy? He has a lot of stuff to sell.

He instantly under-prices everyone who puts an item in...almost instantly. It's gotten to the point where people don't know what to list an item at because the CS has stuff listed so low, so they just list even lower.

[Physiologic]

He instantly under-prices everyone who puts an item in...almost instantly. It's gotten to the point where people don't know what to list an item at because the CS has stuff listed so low, so they just list even lower.

On the flip side, perhaps the green items are priced way too much for what they're actually worth, and he's doing the market a favor. Sellers are mad, buyers are happy, as opposed to buyers are mad, sellers are happy. You still have equilibrium in the marketplace, so greed remains stagnant.

[Zaltiar]

On the flip side, perhaps the green items are priced way too much for what they're actually worth, and he's doing the market a favor. Sellers are mad, buyers are happy, as opposed to buyers are mad, sellers are happy. You still have equilibrium in the marketplace, so greed remains stagnant.

Yep, everytime a new map comes out, prices for the new items are extremely high, this guy's just bringing the prices back to "normal" whatever the normal price is.
how bout this. start a price war, until each item is like 500gold. then buy everything you can, and sell them at a higher price agin

[Lucilulu]

He instantly under-prices everyone who puts an item in...almost instantly. It's gotten to the point where people don't know what to list an item at because the CS has stuff listed so low, so they just list even lower.

Wow I did not know I caused such an upheaval. First let me begin by saying I don't even go on SL everyday so there is no way I could instantly undercut everyone's price. Second when I do check the store it is usually my prices that have been undercut. All I have done is set a price that I feel is fair and that I am willing to buy at if anyone now prices under. I have simply let the market set itself and priced my items accordingly. I tried to price higher but was instantly undercut. I repriced and so on until I reached a price that I know feel is appropriate. If u feel my prices are to low then buy them. Third I am the one willing to take the risk of setting a market and inventorying items. If pinks and newer items hit the market tomorrow I am screwed and will have greatly overpaid. The prices I am currently listing at seem to be appropriate, I am still getting undercut but am selling more than I have to buy.

Finally and most importantly please don't go throwing my name out in a negative light especially when ur premise is off base and u have never even spoken to me. I am not just a "greedy" trader. I give away way more than I keep. Your accusations are not appreciated and more importantly are just plain wrong. You accuse me of being greedy when in fact it is sounding like your inability to make ur own profit is what u are complaining about. Be careful when ur throwing stones from a glass house!


Dopeydaddy

[StompArtist]

Wow I did not know I caused such an upheaval. First let me begin by saying I don't even go on SL everyday so there is no way I could instantly undercut everyone's price. Second when I do check the store it is usually my prices that have been undercut. All I have done is set a price that I feel is fair and that I am willing to buy at if anyone now prices under. I have simply let the market set itself and priced my items accordingly. I tried to price higher but was instantly undercut. I repriced and so on until I reached a price that I know feel is appropriate. If u feel my prices are to low then buy them. Third I am the one willing to take the risk of setting a market and inventorying items. If pinks and newer items hit the market tomorrow I am screwed and will have greatly overpaid. The prices I am currently listing at seem to be appropriate, I am still getting undercut but am selling more than I have to buy.

Finally and most importantly please don't go throwing my name out in a negative light especially when ur premise is off base and u have never even spoken to me. I am not just a "greedy" trader. I give away way more than I keep. Your accusations are not appreciated and more importantly are just plain wrong. You accuse me of being greedy when in fact it is sounding like your inability to make ur own profit is what u are complaining about. Be careful when ur throwing stones from a glass house!


Dopeydaddy

Congrats on being the official SL CS investment shark!

[Lucilulu]

Congrats on being the official SL CS investment shark!

Thanks I think

[Rare]

He instantly under-prices everyone who puts an item in...almost instantly. It's gotten to the point where people don't know what to list an item at because the CS has stuff listed so low, so they just list even lower.

Save your items until demand is higher. Be happy you can get items cheap. I know I am. I can save the money I already have and get items cheap. Or, you can farm as much as his guild did and do the same thing.

EDIT: I assumed these were sales for your guild. If you farmed those yourself... you are a beast.

[Zaltiar]

its tough, living a merchants life

[Zbooo]

He's letting nobody else make any kind of money, I have lots of money myself... But still nobody else has the chance to make any money if he instantly undercuts you, I'm a merchant myself and this is outrageous.

[Kraze]

So it's greedy to charge less for an item? Man I wish more people were greedy...

[JaytB]

He does that on PL as well but, honestly, I never took offense. I just undercut again. If he's able to sell that many items, it means he's working his butt of to get them in the first place. Not trying to sound offensive here, but maybe you could do the same. I don't see how lowering the market price is a bad thing, it just means more items will be affordable for more people. And, as said, probably the prices right now are just ridiculous.

[StompArtist]

Walmart tactics are annoying but it does work well for Walmart.

[Kraze]

He does that on PL as well but, honestly, I never took offense. I just undercut again. If he's able to sell that many items, it means he's working his butt of to get them in the first place. Not trying to sound offensive here, but maybe you could do the same. I don't see how lowering the market price is a bad thing, it just means more items will be affordable for more people. And, as said, probably the prices right now are just ridiculous.

I have to agree here. Pl prices are insane considering that once a new expansion is released the gear is for the most part obsolete. I'm sure that to a smaller degree the same is going on in sl. You can either undercut him and farm more and deal in volume or can sit back watch him rack up the credits.

[Derajdefyre]

Supply and demand, kids. That is how life works.

[Jayche]

if i can remember, when i first saw dopey on sl cs, he was over pricing, he then prob figured he wasted that much cred for posting the outrageous prices he had em at.

[BodMaster]

Does anyone know dopey? Or dopeys guild? He was offering beta players 212k and 500 stim or powerpacks if you joined his guild which I know some that did and he kept his word.. for someone who can give that much away in the beginning indicates that the credit don't mean anything to him as he has prob million's so puts then on cs for however much he wants as hes not really going to gain anything from it.. that said other players that rely on making credits (for stim or there own guild 10k) as there is no other way atm than the CS.. also the new equipment that came out is only a few stats lower than plat items so there is a reason they are being sold high

PL I paid prob over 3mill or more on FF set so 5-20k is nothing in comparison

[Redbridge]

It's annoying maybe but if they are under priced then buy buy buy.....