This. Sellers like this (I am one) do not play the economy long term. We get in and get out.
If there are 20 of an item for sale for 3000g, I may put mine up for 2250. I don’t care if I am last to list and could have priced higher, closer to the pack… My price is to catch the eye of a buyer on a budget.
It also has the side effect, on some items, of encouraging market manipulators to buy my item so that they can keep controlling the price. So be it.
There are many different goals for people hitting the AH.
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Like I said… spite isn’t a good reason.
But you do you.
Yes, but at 90K, this weeds many buyers out of the equation. At 30K you open the market to those with less gold. If he is happy to get 30K gold, this is absolutely the best method.
I’m not interested in other people getting rich. I’m interested in making gold myself.
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If you sell something for a loss because you tanked the market… you didn’t make gold.
You devalued your own gold.
But, I’m not selling at a loss. That’s the thing. And if I do, it’s because I want to dump inventory and valued the item at zero.
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If you tank the market where the value is no longer worth gold / per hour, yes you did.
If your gold goes up by 1k… but it should have gone up by 10k… you lost 9k.
That’s basic economics.
I think I vomited a lil reading this.
but if it was at 10k, you’ll see none of it because the other person found it worth their time to keep supplying the market.
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Know what’s really fun? Posting auction at 99% undercut and using TSM to snipe all the auctions people blindly put up afterwords
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tried that a few times, only ended in failure ;/
I did drop darkmoon card prices by 50% and did manage to snipe plenty.
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No. You just repost until it sells.
It’s a risky game and the payoff is massive
Someone doesn’t understand what a “loss” is. If he has only invested time, it is not a “loss”. If he had to spend 50K to make an item then sold it for 30K, then yes, that would be a loss.
Reposting the same item on the AH for hours seems incredibly boring.
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Not when you’re making 90k a sale.
Someone doesn’t know economics.
The profit margin isn’t just the cost of the item.
Better to undercut to hell, so you save time or other people’s profit margins collapse. Time spent watching the market is time spent not doing other stuff.
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You just compared an actual past action (gold goes up by 1k) with a hypothetical (it should have gone up by 10k).
Honest question: how do you put so much weight on “should have gone up” in this example.
(Honest asking, I did not study finance, but can trade horses with the best of them. My wife even calls it a “Lag trade” now after my MMO toons who trade up and up and up.)
Is it the flip side of “a penny saved is a penny earned”? Like, “A penny you didn’t earn, is a penny you lost”
?
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If it took you a week to earn that penny…
Did you really earn anything?