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Stargazer Monk
Caldari
State War Academy
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Posted - 2009.09.06 05:21:00 -
[1]
Edited by: Stargazer Monk on 06/09/2009 05:24:31
Anybody ever play with these guys? At the moment I am playing with about 7 of these guys on the market with an item that is (was) worth close to 100m. Keeping in mind I am selling 1 of said item to their stacks of them, I have got them to reduce the price by 10 mill (?!) so far over a couple days. I keep dropping 1m at a time and they all follow while undercutting each other by 1 isk. I am selling the item for far less than its worth but I don't mind, I want to see how far they will follow me lol. This kind of mentality of chasing a 1 item seller on the market by the sellers has always puzzled me, It's not very profitable for them to do so yet they see it as some kind of competition. Well here's hoping no one buys the item so I can keep going.
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Stargazer Monk
Caldari
State War Academy
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Posted - 2009.09.06 05:40:00 -
[2]
 Originally by: Rhohan
Edited by: Rhohan on 06/09/2009 05:33:05
Someone will just buy it from you and sell it at the higher price, eventually.
Someone will make money off of your little game, but it doesn't sound like it will be you. 
Rhohan they should if they had any sense true. I am losing 10m on the item so far as it is, these guys selling stacks of 10 or more can potentially lose hundreds of millions chasing a 1 item seller. I should be buying all their stock and reselling it but I don't play the market game although if it gets ridiculously low I may just do that ^.^
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Stargazer Monk
Caldari
State War Academy
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Posted - 2009.09.06 06:52:00 -
[3]
Edited by: Stargazer Monk on 06/09/2009 06:56:02
Originally by: Samroski
These guys are rich. A few hundred million means nothing to them. As a rule they stamp out competition, and want to make you (or anybody else trying to get into their market) run away.
There is a thread in Market Discussions every other day by a player raging/whining/saying exactly what you have. Check these out.
Sam thats my point, I am not competition, 1 item sellers are not competition lol. There are thousands of people that sell the odd item here and there at the lowest price on the market everyday. There is no point or profit in undercutting these types of sellers because they come and go almost instantly. These guys combined are potentially risking close to a billion isk now (as they have all dropped their price by 10m so far and each have stacks of said item) to weed out someone selling 1 item? I'm no market expert but that does not make any sense to me lol. Btw Im not whining or raging, just bemused at how these people operate is all .
Like Rhohan said someone should have bought me out by now, if any of them had any sense they would just buy my 1 item instead of chasing me. Although I'm actually thinking of trying to get enough isk together to buy them out if this keeps going any further ^.^
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Stargazer Monk
Caldari
State War Academy
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Posted - 2009.10.03 10:21:00 -
[4]
lol what's this post doing back out here, old story is old.
Had a happy ending for me though...maybe not so good for the undercutters.
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