Originally Posted by
Kite
This is exactly why there would be a need to regulate prices, because competition will eventually make it less worthwhile to sell gems
it's not about being "able" to afford to sell at your rates it's about it being not worthwhile to at least until the people who are undercutting everyone else inevitably runs out of stock to be able to meet demands, at which point the market would just end up rising back to what other sellers consider a fair rate
basically you're being a dick and taking business from other people by undercutting them just because you're satisfied with making less money for the same services, this is the reason why 90% of call-centers are in india but unlike you who's selling a limited resource they're selling a service so this only really works for the first part of my example.. can't really be bothered to come up with something better though since I don't really care or play FR lol
550 for 1$ is your rate now I guess? you made it sound like it was mostly you and one other guy undercutting the rest of the sellers.. and 350 for 1$ was a common price before? so what, an average fair price would be like 500 for 1$ currently?
regardless how you described supply and demand is inherently flawed, the amount of people buying gems won't change if you offer a different rate.. if you increase the price of food people are still gonna buy food.. they may look around a bit more to find if anyone offers a lower price but if everyone agrees on a set price this isn't an issue and makes selling fair and accessible for everyone
---------- Post added at 08:04 AM ---------- Previous post was at 08:01 AM ----------
also wasn't aware that gems were a fluctuating currency... so I guess you'd have to adjust rates when the gem price in game changes dramatically