Quote:
The market will eventually stablize for a short time...that's when you sell. Then the dumbasses move back in and ruin it for a month or so while you stockpile materials.
But what IS market value? The price Auctioneer quotes?
Ok, weekend values where an item starts at 1G and drops all the way to 10s is probably an example of undercutting (or oversupply).
Take an example. I have a low-level engineer and I can make Bronze Tubes. I see a lot for sale at 1-3G on my server, but when I try to put them up for that I quite often lose my fee. The only people who need them apart from Engineers are those doing the Darkshire quest; who wants to pay 1-3G for a bit of additional xp at lvl 20ish? So I make them and sell them for 53s and I haven't lost a single fee.
Is that an example of undercutting or supply and demand?