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If you are going to under cut, do it right no just a single isk!

Author
Krixtal Icefluxor
INLAND EMPIRE Galactic
#21 - 2012-05-01 19:18:42 UTC  |  Edited by: Krixtal Icefluxor
karesuto wrote:
All day from downtime last night some bugger has been underr cutting all my sales by a single isk >.<.


If it's noticeable for over a 12 hour period it's most likely a bot. Price changes around 3-5 minutes after your alteration without fail. Report it. I've found about 5 the past few months.

"He has mounted his hind-legs, and blown crass vapidities through the bowel of his neck."  - Ambrose Bierce on Oscar Wilde's Lecture in San Francisco 1882

Krixtal Icefluxor
INLAND EMPIRE Galactic
#22 - 2012-05-01 19:24:13 UTC
Chevalleis wrote:
Why would you want to lose 100,000 in profits instead of 1 ISK?


THAT happens all the time with larger T2 ships. They will INDEED lower by a few MILLION at a time.

Now I'm real suspicious of most of the posters in this thread. Lots of names and Corps not seen by me and I'm a forum jezebel.

"He has mounted his hind-legs, and blown crass vapidities through the bowel of his neck."  - Ambrose Bierce on Oscar Wilde's Lecture in San Francisco 1882

DReadEyE
Grumpy Old Bastards
#23 - 2012-05-01 19:58:33 UTC
Debiru wrote:
To OP;
Something you suggest happened a few weeks ago on the Hurricane market in Dodixie. In the span of around 40 hours prices went from 48 million per Cane to 44.3 million. Sure, the undercutter made a few profits in that time, but all he did was soil the market for himself for two weeks (the prices just now came back up). Not only did everyone else's profit go down, but his did as well. Canes went from 5.5m profit to 435k profit. That's the result of undercutting 100,000 ISK every time. 0.01 ISK saves you and every other industrialist money. Undercutting huge amounts for the reason "0.01 ISK undercuts are gay" just shows how poorly you know about market and finance. Stop complaining about a system that preserves good profit margins for yourself to take advantage of.


ha ha i remember that. Same thing happened with the drakes, unless he built them i guess theres no profit.

OP:
How many times did you undercut him with 100k ? why didnt you just buy the other guys stuff and kept prizes on top if you had cut him with 100k several times, you should have been able to make a profit by buying hes stuff - just saying!
Tesal
#24 - 2012-05-01 21:19:13 UTC
Debiru wrote:
To OP;
Something you suggest happened a few weeks ago on the Hurricane market in Dodixie. In the span of around 40 hours prices went from 48 million per Cane to 44.3 million. Sure, the undercutter made a few profits in that time, but all he did was soil the market for himself for two weeks (the prices just now came back up). Not only did everyone else's profit go down, but his did as well. Canes went from 5.5m profit to 435k profit. That's the result of undercutting 100,000 ISK every time. 0.01 ISK saves you and every other industrialist money. Undercutting huge amounts for the reason "0.01 ISK undercuts are gay" just shows how poorly you know about market and finance. Stop complaining about a system that preserves good profit margins for yourself to take advantage of.


Thats how you force people out of the market. They say "435k profit on a cane isn't enough, I am going elsewhere to get my sales". When the price comes back there are that many fewer .01 iskers to deal with. Often you can cut it down to 2 or 3 people in competition, down from 10 or 12, which is much more manageable. If you take the long view it makes perfect sense to destroy profit margins every now and then and make people trade elsewhere.
Krixtal Icefluxor
INLAND EMPIRE Galactic
#25 - 2012-05-01 21:23:18 UTC
Tesal wrote:
If you take the long view it makes perfect sense to destroy profit margins every now and then and make people trade elsewhere.


......and in the end, all items end up at discount in freaking Jita.

Too bad the Burn could not continue.

"He has mounted his hind-legs, and blown crass vapidities through the bowel of his neck."  - Ambrose Bierce on Oscar Wilde's Lecture in San Francisco 1882

corestwo
Goonfleet Investment Banking
#26 - 2012-05-01 21:28:27 UTC
Krixtal Icefluxor wrote:
Too bad the Burn could not continue.


That's funny, you seemed like such a hater elsewhere.

This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.

fofofo

enterprisePSI
#27 - 2012-05-01 21:39:50 UTC
the minerals for these hurricanes were mined therefore free. Duh

The tears of the many, outweigh the tears of the few. Or the one. enterprise-psi©

Eddie Laydon
Laydon Industries
#28 - 2012-05-01 23:28:32 UTC
karesuto wrote:

I drop my prices over this guy by around 100,000 isk but he still drops by 1


you're a moron
Krixtal Icefluxor
INLAND EMPIRE Galactic
#29 - 2012-05-02 00:41:00 UTC  |  Edited by: Krixtal Icefluxor
corestwo wrote:
Krixtal Icefluxor wrote:
Too bad the Burn could not continue.


That's funny, you seemed like such a hater elsewhere.


Musta been someone else. I've wanted Jita GONE for years.

Besides, look who's talking.

"He has mounted his hind-legs, and blown crass vapidities through the bowel of his neck."  - Ambrose Bierce on Oscar Wilde's Lecture in San Francisco 1882

Pookoko
Sigma Sagittarii Inc.
#30 - 2012-05-02 01:04:26 UTC
Funny that people manually do the work of a bot and call it the right way
corestwo
Goonfleet Investment Banking
#31 - 2012-05-02 01:32:16 UTC
Krixtal Icefluxor wrote:
corestwo wrote:
Krixtal Icefluxor wrote:
Too bad the Burn could not continue.


That's funny, you seemed like such a hater elsewhere.


Musta been someone else. I've wanted Jita GONE for years.

Besides, look who's talking.


I dunno what else I'm supposed to assume someone who posted a day early that burn jita was over and tried to cast it as a failure or went on about how all goons are probably under 18 in that other thread here in MD or many other examples is anything but a hater. Blink

This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.

fofofo

serras bang
Caldari Provisions
Caldari State
#32 - 2012-05-02 01:38:27 UTC
tbh this pisses me of also if the other guy would just come in with a decent undercut of maybe 50k then fine you know the return undercut would be 5k or 10 k instead of just dropping it a lot to try killing the guy of.
Arc Typ
State War Academy
Caldari State
#33 - 2012-05-02 02:00:52 UTC
I was able to purchase an item in Jita for 15,000,000 and sell it in another station for 30,000,000... doubling my money with reasonably quick returns! It was amazing.. but after a couple of days a few sellers must have gotten tired of 0.01 and decided to go for large cuts. Within 48 hours the profits (before taxes) were only about 1,000,000 per item.

As some others have said in this thread, I prefer maintaining as high a profit margin as possible unless I am trying to force other people out of the market for a specific item.
Djavue
Royal Amarr Institute
Amarr Empire
#34 - 2012-05-02 05:22:37 UTC
Wow, is the OP trolling?

There is a good reason you undercut by 1ISK, actually no, 0.1ISK.

WHY would you cut into your own profits just to undercut?

It's idiots like you that make my stock lose its worth by hundreds of millions of isk just because you want a fast sale.

Get out of my game and go play WoW.
Leedha Lemour
Staner Industries
#35 - 2012-05-02 06:11:36 UTC

It probably means their skills and standing are crap so slash the margin to minimum and collect some tears.
Mars Theran
Foreign Interloper
#36 - 2012-05-02 06:46:08 UTC
If it makes you feel any better, I regularly buy randomly from 1 of the 3-5 lowest orders. Quite often from 4-5 up, and actually sometimes go up to 10 if the price increase isn't significant. Smile
zubzubzubzubzubzubzubzub
Mister Crispy
AC Enterprises
#37 - 2012-05-02 07:00:52 UTC
Mars Theran wrote:
If it makes you feel any better, I regularly buy randomly from 1 of the 3-5 lowest orders. Quite often from 4-5 up, and actually sometimes go up to 10 if the price increase isn't significant. Smile


I used to do that, until I read that the person with the highest/lowest buy/sell order always gets the purchase. =(
Callduron
Dreddit
Test Alliance Please Ignore
#38 - 2012-05-02 08:34:55 UTC
Djavue wrote:
Wow, is the OP trolling?

There is a good reason you undercut by 1ISK, actually no, 0.1ISK.

WHY would you cut into your own profits just to undercut?

It's idiots like you that make my stock lose its worth by hundreds of millions of isk just because you want a fast sale.

Get out of my game and go play WoW.


Both methods are perfectly valid.

0.01 isk preserves profitability. Deep undercutting drives competition away and when prices recover the competition may stay gone. (That was Gevlon's strategy in WoW).

In some cases I price at a point over the lowest. If an item is:
300 widgets @ 40000
254 widgets @ 39999.99
1 widget @ 20000

I'll sell mine at 39999.98. The odd one that's cheap will probably get snapped up and the lowest price then defaults to me.

I write http://stabbedup.blogspot.co.uk/

I post on reddit as /u/callduron.

Krixtal Icefluxor
INLAND EMPIRE Galactic
#39 - 2012-05-02 11:06:38 UTC
corestwo wrote:
[quote=Krixtal Icefluxor]
I dunno what else I'm supposed to assume someone who posted a day early that burn jita was over and tried to cast it as a failure or went on about how all goons are probably under 18 in that other thread here in MD or many other examples is anything but a hater. Blink



There was no 'castingof failure'. Your reading level must be at the pre-school level so allow me to explain.

It presented numbers and no opinion.

It's called unbiased journaism. It used to exist.

Just because you don't LIKE those particular numbers, means I had an agenda......NOT.

"He has mounted his hind-legs, and blown crass vapidities through the bowel of his neck."  - Ambrose Bierce on Oscar Wilde's Lecture in San Francisco 1882

Nomad I
University of Caille
Gallente Federation
#40 - 2012-05-02 11:14:59 UTC
karesuto wrote:
All day from downtime last night some bugger has been underr cutting all my sales by a single isk >.<. I know this is apart of eve but come on a single isk is a pain in the arse.

If you are going to do it, do it right. I drop my prices over this guy by around 100,000 isk but he still drops by 1

bit of a run down
I placed some items up for 4.7 mil this person whent 4.699.99, I droped to 4.6 they went 4.599.999 and so forth.

Gaa one dam isk



I'm doing undercutts always with 0.01 isk to make the game terrible for others. It's the iWin button