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Fred0
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Posted - 2003.11.01 10:55:00 -
[1]
Edited by: Fred0 on 01/11/2003 10:58:12
Undercutting is not a bad thing. The market for miner II's should be a perfect competition one since information is good and the miners II are all the same. In addition to this, supply will continue to grow while demand is steady to declining. Result: non debatable fact of life. low profit.
For people to earn alot of money you need to have an edge in some way (ie find a good spot)or produce extraordinary amounts
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Fred0
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Posted - 2003.11.01 15:35:00 -
[2]
 Quote:
But whats the point of undercutting by that much? I'm baffled. You only need to undercut by 1 isk for your order to take precedence in the market....
Many ways to compete. Many different strategies available when it comes to pricing. 
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Fred0
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Posted - 2003.11.02 09:31:00 -
[3]
Edited by: Fred0 on 02/11/2003 09:31:50
I must admit I seriously thought the effort needed for a Miner II BPo would drive away this kind of people, and we could see an healthy economy (you think cars or computers sells at production cost ? lol) but once again the players decided against that no, everyone should just produce for themself :(
I'll still try to sell as many as a can at a decent price and well, maybe ill just use one of the in-game features made for this thing... should be fun 
Well, a healthy economy and a situation like this guarantees you that the prices will go down in the long run. Supply will continue to grow faster than demand while the profit margin is still high. And it's only sound that it does.
I have no idea where you guys got your economy 101 but saying someone is stupid because they charge less than they possible could is not is a load of crap in itself. The strategies everyone choose to compete can and should be different.
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Fred0
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Posted - 2003.11.04 20:02:00 -
[4]
Quote:
again, good luck to all that get a M2 original. I never thought they would go under 1 mills each. people used to line up in droves to pay 5.5 mills each from techell, its a mystery to me why people would sell them at 300k or less.
That really says more about you than the rest. Do you have any clue as to how markets work?
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Fred0
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Posted - 2003.11.04 20:04:00 -
[5]
Quote:
The markets screwed RIP
Not really. It's just highly competitive with full transparency, perfect information etc. Result is marginal profits. Anyone knows that.
You guys make me chuckle every time...
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Fred0
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Posted - 2003.11.05 10:19:00 -
[6]
Excactly, with the time it takes to travel etc. I bet someone setting up a board and offering advanced 121 deliveries could probably make alot of money. Especially if the costumer is member of one of the outer regions.
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