>price undercutting

[jcart953]

Maenara reread his post. I'll do you a favor and summarize the important part it: What you wish to sell it for is not the market price .

[Maenara]

Because there's a difference between having enough money to spend 15 million meseta, and having enough money to invest 15 million meseta.

[GreenArcher]

So you don't have the confidence to invest your 15 million meseta when the "market value" of your camos is 70million? But there's such a huge profit you can make!

[Maenara]

So you don't have the confidence to invest your 15 million meseta when the "market value" of your camos is 70million? But there's such a huge profit you can make!

No, I need that money for other things. I don't have the luxury of spending all of my money and waiting for it to come back. There's risk, there's rate of return, and then there's time of return. I can invest 5000$ a month into a ROTH IRA and be a millionaire in 50 years when I retire, but if I only make 5020$ a month, that fucks me over in the short term.

[dragonpride0]

I seriously hope you're not trying to apply real world economic to a virtual market of an online game. The only law that applies here is supply and demand.

Get mad at the people who undercut you all you want, but if the players still aren't buying them at 1.5mil each then you can't really be mad those undercutters who still can't sell it.

[Maenara]

Having taken personal finance and economics, and gaining a rudimentary understanding of the two, this thread is pure comedy gold.

I seriously hope you're not trying to apply real world economic to a virtual market of an online game. The only law that applies here is supply and demand.

Get mad at the people who undercut you all you want, but if the players still aren't buying them at 1.5mil each then you can't really be mad those undercutters who still can't sell it.

Except that the person who brought the price from 70m to 18m singlehandedly actually did sell their's. People just kept undercutting anyways. Clearly people don't understand the difference between "Sells fast" and "Sells low".

[GreenArcher]

No, I need that money for other things. I don't have the luxury of spending all of my money and waiting for it to come back. There's risk, there's rate of return, and then there's time of return. I can invest 5000$ a month into a ROTH IRA and be a millionaire in 50 years when I retire, but if I only make 5020$ a month, that fucks me over in the short term.

And yet you can't comprehend these "desperate undercutters"

[Cadfael]

Out of curiosity, who determined the "market value" was 70 million meseta?

[GreenArcher]

Maenara did, if only it weren't for those pesky undercutters!

[Cadfael]

Maenara did, if it only it weren't for those pesky undercutters!

Yes, that was what I was implying.