Undercutters ruin AH and economy

This is kind of a senseless post. In an economy with an insane amount of suppliers, the AH value will be very close to the vendor value. Nothing weird about that.

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You are very welcome. You scratch my back and i scratch yours. :laughing:

Good for you. Im not really after getting max out of the mats.
I just wanna sell it for more than vendorprice and lower than the ppl playing the AH game

Sounds like you should invest some of your gold to buy the cheaper auctions and re-list them for reasonable prices for a nice profit.

It’s not ruining the economy; that’s ludicrous. It’s them being punished for putting in silly prices, and you being punished for not hoovering up the sweet bargains.

I haven’t read it all, but undercutting is just supply and demand. If the item you were selling was worth it’s value, it would have sold if somebody wanted to buy it.

Nobody did, or nobody online at the time did, so the next player comes along and puts theirs 1copper cheaper until a suitable buyer comes along. However if the demand is higher than the supply, both items would sell and you make 1 copper extra :smiley: (well, 90% of a copper lols)

I actually treat the AH as a mini game and graph a select bunch of items I track. You would be amazed at how items repeat the same highs and lows in a weeks period. Some range between 300-500% of their lowest prices too (where i buy :D)

This process requires stable data of course and the first few months of a new game are never stable, Even so, it’s easy money and very basic economics.

Supply and demand, baby! You have a poor grasp of economics… your disappointment is quite irrelevant to the process.

You don’t get to decide on the price, simple as that. Sure, you want to gather money for your mount, but don’t expect others to care about.

This is the same as in vanilla: some days you get a fine price for your goods, other days the AH is swamped with the same stuff for a laughable amount.

Not at all. It ruins your planned profit, that’s all. It’s an integral part of how an economy works and some people (buyers) have been very happy with it. You can always buy up the cheap stuff and sell them against your price, but that may have the opposite effect on the long run.

Or you could stop overpricing your goods? This is exactly how an economy should work. If I put my computers out against € 400 and some new chinese brand throws them on the market for € 250… it’s my problem, not theirs. I will have to be the one to react to it, I can’t expect the market to conform to my standards, because it won’t.

Nope. You were the only one hurt. Buyers got what they wanted, seller got what they wanted… you did not. Your problem.

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Supply and demand…

Grrrrrr… Duck the free market…

Why would a bot AH something below the vendor price?

Like, I could understand a new player doing it, but a bot would actually know how much the items vendor for before AHing them

Do like I do and do not undercut the lowest price but some price in the middle.
If it sells good, if it does not sell I will find a friend who needs the items and give them for free and bring some more happiness in their life.

I also made alts with crafting professions and I use my materials myself to skill up.

Also there is a guildie of mine who somehow managed to buy all those super undercut materials and start making desirable pieces of leather armor that he then sells for a profit.
He proudly told me that he has leatherworking at 175 without skinning anything and still at a profit

In a free trade economy system, everyone has the right to sell at whatever price they see fit. I’m not going to list something at a higher price than yours if I don’t think it will sell.

Maybe it’s the people that are selling trash items at exorbitant amounts that are ruining the economy?

The OP is right to some degrees. Undercutting by small amounts is fine, but when everyone keeps undercutting with large amounts you will set a new standard for common trade items.

Take cloth, its supply and demand are both very high, but if everyone starts selling it at bare min price it will stick at that price unless someone resets it or the market resets itself. In the end, undercutting does not do much, since its about in and out flow of items and the amount of time it takes for items too sell.

In most cases it is actually better to sell at a higher list price since it will sell either way (90% of the time).

Not to mention that most materials are actually not in demand yet…since everyone is too busy leveling and doing dungeons…or swapping layers.

Meh, what’s the problem.

If the auction price is already at or below vendor price (plus 5%, or more if you want margin) then vendor. If no-one vendors, then there’s less gold getting into the economy anyway.

At any rate, it’s not worth complaining about.

When a few people undercut, you buy out their stacks and sell them for your own price…

Like… what. Or you can wait until people can gotten over the levelling wall and the mats become less common and so the scarcity brings the price up.

Right now EVERYONE is doing the same thing, so you know ores and herbs and skins are super cheap, but eventually that will change and so will the economy.

business is business

merchants have probably complained for literally thousands of years that other merchants undercut their once lucrative businesses and trades… dont think its gonna disappear anytime soon

it will be like this for few more months.

mainly because very few things sell at all

because hm _/= 90% of playerbase saves every single copper so buying skills etc and dont buy a single item from ah .

STOP SELLING STUFF CHEAPER THAN ME REEEEEEEE - OP.

Grow up. If you’re concerned about undercutting in a certain market, co-ordinate with other sellers or buy everything out and re-establish the going rate.

The thing is this; currently most of people IS leveling, so leveling mats is being farmed constantly all the time. Just wait till said people starts too sit in cities at level 60. Then, and first then will leveling mats start going up in price.

Instead of crying about it, use it. Buyout a lot of mats, place em on a bank char. Buy everything you think will go up in price down the line and wait. or buyout everything and level your own crafting, get patterns, sell crafts for gold. instead of thinking that the only way too earn gold is mats. The best gold in this game is items. crafted items.

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I don’t really feel the need to answer all those people telling me to just buy the undercutters gear, cause that is not the problem here. I do that, quite a lot. But when they just flood the marked with these ā€˜ā€˜no-sense’’ prices, it gets hard to sell your stuff and earn them dimes.

I’ve been flipping Spider’s silk, Shadow silk and some others to name a few.

But tonight I looted a [Star Ruby] sells for 50s at a vendor, but I thought it was worth something on the AH now that it’s quite rare. Atleast, I dont see them too often… But some dude sold them to 48s and the deposit is 10s … he spend 11s for nothing, and yeah he gets the deposit back, but still end up 2s short… it kills the marked, plain and simple. I am now aware that this is something some Addons do automatic - I didn’t know that before, but still think it’s a darn shame to see the economy being dragged so far under the rug.

I smell salt…

Let them undercut. I make a profit on those scrubs. Buy them out and sell it for more.