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Sniz

Worst Undercuts

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Posted (edited)

I love undercuts, especially knucklehead ones that make no sense.  Why? Because I can laugh at how furious I get at a game.

Go to a drive thru and get gypped a 4 piece chick mcnug? sure ill huff and puff. Go to a ballgame and have to pay $9 for a beer...comon, its bud light for god sake.

Thats real money.

But undercut like a dope on the AH (for virtual currency) and I go Apocalyptic. (Or if im at work, just grit my teeth and curse under my breath for an hour).

I'd like to see if anyone is interested in sharing any recent examples of market ruining, rage inducing undercutting.

Thanks in advance.

Edited by Sniz

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28 minutes ago, Sawzorthn said:

As a repeat undercutter, I'm sorry bro.

Oh, I undercut all the time.  no biggie. Thats the AH. Im talking about excessive undercutting.

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Auctionator is setup to Undercut.  

I use it when it makes sense. 

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So this happened on my server caused not by one individual but multiple individuals who apparently have blinders on.

Deadly Deep Ambers were going for 300g a pop, pretty steadily a week before last on my server.  Very nice way to recoup the price of ore.

Anyway, somebody comes in and posts one single stack of 50! of them for 49g each.  I thought to myself "who is going to buy 50 cut gems? So I simply post to undercut the next lowest price single.  Still around 300 and they were selling.  But the next guy undercuts the 50 stack with singles, then the next guy, then the next guy.

The 50 stack never sold, it just expired, and is gone but the market for this gem is now Just reset to basically cost.  Ots been like that since.  

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Some players do it intentionally to crash the market so the material prices drop - bit rubbish but sometimes kills competition too :P

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13 hours ago, Peelyon said:

Some players do it intentionally to crash the market so the material prices drop - bit rubbish but sometimes kills competition too :P

Not a frequent poster, so i dont think he was going for "deadly deep amber market domination" lol but maybe.

At first i thought he was doing the ol'bait and buy, where you post a stack of something that doesnt sell in stacks at an extremely low price, in order to buy undercuts from people who either have an undercut addon without min price settings or people that dont know any better. But he never bought.

 

 

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Sometimes people also do it because they have an amount of gold in their mind that they want. So they want, for example, 500 gold ASAP. They post on the Auction House and think that they if they post is as cheaply as possible, it will sell faster.

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On 10/13/2016 at 0:58 PM, Blainie said:

Sometimes people also do it because they have an amount of gold in their mind that they want. So they want, for example, 500 gold ASAP. They post on the Auction House and think that they if they post is as cheaply as possible, it will sell faster.

Most likely.  But with med volume markets, like gems, they will just sit until the next guy undercuts by 25%.  Then the original guy undercuts again.

Its annoying to watch cut gems fall below the cost if raws.  Something is inherenty wrong with that.

 

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On 10/26/2016 at 2:48 PM, Sniz said:

Its annoying to watch cut gems fall below the cost if raws.  Something is inherenty wrong with that.

Definitely. It makes you sit there, flop your arms and just kind of go "Well, what can you do?"

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56 minutes ago, Blainie said:

Definitely. It makes you sit there, flop your arms and just kind of go "Well, what can you do?"

Haha yeah.

Really though, if it gets low i start hoping it gets reeeaally low. So i can buy them up turn them to obliterum ash.

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15 hours ago, Sniz said:

Really though, if it gets low i start hoping it gets reeeaally low. So i can buy them up turn them to obliterum ash.

Not a bad shout, actually. Will have to keep an eye on those plummeting prices :D

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