Can anyone explain, maybe because YOU are one of those or whatever, why people mean to undercut things for like 10-20 % of the value? Example Rigs, worth price is abt 10 mil, undercut to 8 mil and not a few rigs no, throw in like 30-40 rigs of which half might get sold that day. Are they just plain stupid or is it intentional to **** the price to the ground?
This is a question i always asked myself not only in EvE, in every other MMO Market i have played also. I really wonder whats the reason for stupidity like that because in the end those ppl will not sell any faster because of the amount they want to sell they will get undercut also. Look like they dont want to make any isk when undercutting like that so why even bother selling ****?

I am not frustrated, i am used to nonsense like that but i will never understand why ppl produce stuff in large amounts to just throw it away for nothing. As i said, they dont sell their **** faster due to the large undercut bec others will follow and undercut too. ********.

sometimes i have too many things and just want my money as fast as possible. Not too worried about margin because I am worried about other things and am not a perfect trader.

I think something along the lines like that

It may be undercut so much because there is a lot of wiggle room.

For example, there is this one rig that will remain un-named that usually sells for something like 150k, but when I went to make it, I found that the parts only cost about 20k, so even if I reduced the price by 50% I'm still making 55k/unit.

Can anyone explain, maybe because YOU are one of those or whatever, why people mean to undercut things for like 10-20 % of the value? Example Rigs, worth price is abt 10 mil, undercut to 8 mil and not a few rigs no, throw in like 30-40 rigs of which half might get sold that day. Are they just plain stupid or is it intentional to **** the price to the ground?
This is a question i always asked myself not only in EvE, in every other MMO Market i have played also. I really wonder whats the reason for stupidity like that because in the end those ppl will not sell any faster because of the amount they want to sell they will get undercut also. Look like they dont want to make any isk when undercutting like that so why even bother selling ****?

I am not frustrated, i am used to nonsense like that but i will never understand why ppl produce stuff in large amounts to just throw it away for nothing. As i said, they dont sell their **** faster due to the large undercut bec others will follow and undercut too. ********.

A few reasons;
1) Not everyone plays by etiquette, some people play games to watch the world burn, or perhaps they want to **** you off.
2) Some guy gets cheap minerals, and produces cheaply, while still profiting from their sell.
3) Market PvP
4) Tears, which I'm afraid to tell you OP, you shed.

I dont undercut for 0.01 isk as well. Saying that undercutting by a significant amount would keep you from adjusting your order every 5 mins is wrong. As i said in particular rigs, one guy dumped down the price by a large amount, the isk you get per hour now producing that rig is dropped my 50 %. And because of his huge stack, others undercut him also and he didnt sell anything yet. It doesnt matter how much you undercut, if you sell too much you will get undercut as well and have to adjust just like before.
Undercutting by a large amount to sell faster might only work if you sell a few pieces.

Well I though I might as well post on this as I am one of the evil people that do the large price drops all the time, I have to admit I love the tears that I get with it all the time. It is amazing how many people will buy 1 unit of some of an item I unload just to see who is selling it. BUT that being said the main reason I do it is for the stupid profits I make off it, I loved how the one guy said billions a week like it was something special. The way I look at it why bother buying off buy orders when I can knock the price of the Item I want down to just about build cost hold it there and get a bunch of guppies under me selling there wares. Jack my price back up and buy out all the under priced goods' Takes a little bit of capital to do and have been burnt a time or do but for the most part I love the little one's filling my orders and doing most of the work for me.

Can anyone explain, maybe because YOU are one of those or whatever, why people mean to undercut things for like 10-20 % of the value? Example Rigs, worth price is abt 10 mil, undercut to 8 mil and not a few rigs no, throw in like 30-40 rigs of which half might get sold that day. Are they just plain stupid or is it intentional to **** the price to the ground?
This is a question i always asked myself not only in EvE, in every other MMO Market i have played also. I really wonder whats the reason for stupidity like that because in the end those ppl will not sell any faster because of the amount they want to sell they will get undercut also. Look like they dont want to make any isk when undercutting like that so why even bother selling ****?

I am not frustrated, i am used to nonsense like that but i will never understand why ppl produce stuff in large amounts to just throw it away for nothing. As i said, they dont sell their **** faster due to the large undercut bec others will follow and undercut too. ********.

Can anyone explain, maybe because YOU are one of those or whatever, why people mean to undercut things for like 10-20 % of the value? Example Rigs, worth price is abt 10 mil, undercut to 8 mil and not a few rigs no, throw in like 30-40 rigs of which half might get sold that day. Are they just plain stupid or is it intentional to **** the price to the ground?
This is a question i always asked myself not only in EvE, in every other MMO Market i have played also. I really wonder whats the reason for stupidity like that because in the end those ppl will not sell any faster because of the amount they want to sell they will get undercut also. Look like they dont want to make any isk when undercutting like that so why even bother selling ****?

I am not frustrated, i am used to nonsense like that but i will never understand why ppl produce stuff in large amounts to just throw it away for nothing. As i said, they dont sell their **** faster due to the large undercut bec others will follow and undercut too. ********.

Everyone's already addressed the PVP aspect of market pricing, but there is another element at work: people undervalue their own time. Too many industrialists don't factor in the time element into their pricing, especially if they're mining their own minerals. This is one of the biggest differences between the EVE economy and the real economy -- in the real economy, you have to value your time at market value, or you'll go broke pretty quick.

The economic term for this is "oppportunity cost". Basically, it means "is the ISK I make from doing thing Y equal to or greater than the ISK I could make doing thing X". That's why mining your own minerals if you're a manufacturer is almost always a bad idea: the time you spend out in the belts busting rocks is almost always better spent doing something else with higher ISK return. If you price your product without factoring in your time, you're pricing it too low.

But, again: EVE is a game, so by definition people value their in-game time very cheaply. (Otherwise they wouldn't be playing a game, they'd be doing something else.)

Now, it's not all ISK. Maybe you enjoy sitting in a belt mining sometimes. It's some quiet time to make some ISK while you're semi-AFK, or just chatting with friends in local. Maybe you need to generate some ISK to replace ship losses in PVP. BVut these are still ways of valuing your time -- it's not a fixed value, but a variable.

On the "supply" side of the supply -and-demand machanic, the most precious resource is always your time.