PSA: Marketplace

SDS

You know that you don’t have to crater the price on every item, right, people?

There are increments lower than 10,000 and 1,000...

Be smarter.

SDS

The thing that gets me is dropping a price huge doesn't sell it any faster. It's still first come, first serve. And, inevitably, they get outbid by 1 again anyway, so they've set a new, lower going price. I know the argument is they just want to sell the item and move on, but it will still sell at the same speed at the better price.

SDS

Agreed. First year working the market and seeing headscratching things lol

SDS

@danthethriller said in PSA: Marketplace:

You know that you don’t have to crater the price on every item, right, people?

There are increments lower than 10,000 and 1,000...

Be smarter.

Bro right! The worst is when someone comes in and places 100 orders 100-200 stubs above current price. Like c'mon you just created a minimum buying price that you really didn't have to create.

SDS

People just wanna sell quickly. I'm assuming you're upset because you're being undercut all the time. You could always hold onto your card(s) for a few hours when the traffic on it is lower and all the undercut cards have been sold.

SDS

@raesone_psn said in PSA: Marketplace:

People just wanna sell quickly. I'm assuming you're upset because you're being undercut all the time. You could always hold onto your card(s) for a few hours when the traffic on it is lower and all the undercut cards have been sold.

There’s just no logic to what I’m seeing: people drop the price by 1, 5, and 10K, when there’s no one undercutting them.

Even then, the other bidders are moving in increments of 1, 5, and 10.

SDS

@raesone_psn said in PSA: Marketplace:

People just wanna sell quickly. I'm assuming you're upset because you're being undercut all the time. You could always hold onto your card(s) for a few hours when the traffic on it is lower and all the undercut cards have been sold.

I've heard this argument before, but how does it sell it faster? It's still first-come, first-serve. And there are certainly people that will still 1-stub you lower at lower prices.

SDS

They’ve never seen a card that wasn’t priced too high for their liking.

SDS

@bhall09_psn said in PSA: Marketplace:

@raesone_psn said in PSA: Marketplace:

People just wanna sell quickly. I'm assuming you're upset because you're being undercut all the time. You could always hold onto your card(s) for a few hours when the traffic on it is lower and all the undercut cards have been sold.

I've heard this argument before, but how does it sell it faster? It's still first-come, first-serve. And there are certainly people that will still 1-stub you lower at lower prices.

Because by lowering a price by 10K for example, the second guy trying to sell is most likely to think "well that's a bit too much to drop, so I'll wait for a few minutes until this card is off the market".

SDS

@raesone_psn said in PSA: Marketplace:

@bhall09_psn said in PSA: Marketplace:

@raesone_psn said in PSA: Marketplace:

People just wanna sell quickly. I'm assuming you're upset because you're being undercut all the time. You could always hold onto your card(s) for a few hours when the traffic on it is lower and all the undercut cards have been sold.

I've heard this argument before, but how does it sell it faster? It's still first-come, first-serve. And there are certainly people that will still 1-stub you lower at lower prices.

Because by lowering a price by 10K for example, the second guy trying to sell is most likely to think "well that's a bit too much to drop, so I'll wait for a few minutes until this card is off the market".

Except that’s NOT happening, and people are chasing values down into the toilet.

It wasn’t like this in 19 or 20...did everyone get dumber?

SDS

@danthethriller said in PSA: Marketplace:

@raesone_psn said in PSA: Marketplace:

@bhall09_psn said in PSA: Marketplace:

@raesone_psn said in PSA: Marketplace:

People just wanna sell quickly. I'm assuming you're upset because you're being undercut all the time. You could always hold onto your card(s) for a few hours when the traffic on it is lower and all the undercut cards have been sold.

I've heard this argument before, but how does it sell it faster? It's still first-come, first-serve. And there are certainly people that will still 1-stub you lower at lower prices.

Because by lowering a price by 10K for example, the second guy trying to sell is most likely to think "well that's a bit too much to drop, so I'll wait for a few minutes until this card is off the market".

Except that’s NOT happening, and people are chasing values down into the toilet.

It wasn’t like this in 19 or 20...did everyone get dumber?

It has always been like this, you just never saw it. People don't care about 10K on a 100K+ card, stubs are made pretty easily in this game.

SDS

^^ exactly this is nothing new, you can still make a pretty nice profit if you know what to move. I've made 13k today just by working the market a bit at work. Just have to be smart and notice if something seems off.

SDS

O and like I've always said have patience, just because your card isn't selling now doesn't mean it wont sell sometimes it just takes a bit longer.

SDS

@raesone_psn said in PSA: Marketplace:

@danthethriller said in PSA: Marketplace:

@raesone_psn said in PSA: Marketplace:

@bhall09_psn said in PSA: Marketplace:

@raesone_psn said in PSA: Marketplace:

People just wanna sell quickly. I'm assuming you're upset because you're being undercut all the time. You could always hold onto your card(s) for a few hours when the traffic on it is lower and all the undercut cards have been sold.

I've heard this argument before, but how does it sell it faster? It's still first-come, first-serve. And there are certainly people that will still 1-stub you lower at lower prices.

Because by lowering a price by 10K for example, the second guy trying to sell is most likely to think "well that's a bit too much to drop, so I'll wait for a few minutes until this card is off the market".

Except that’s NOT happening, and people are chasing values down into the toilet.

It wasn’t like this in 19 or 20...did everyone get dumber?

It has always been like this, you just never saw it. People don't care about 10K on a 100K+ card, stubs are made pretty easily in this game.

You must be talking about player cards, because I stick to equipment, which used to be stable.

It definitely wasn’t like this, because I would literally do 100+ equipment transactions/day and not see this.

I can definitely see it happening with player cards, because they’re 1) rarer and 2) usually WAY more expensive.

SDS

@danthethriller said in PSA: Marketplace:

@raesone_psn said in PSA: Marketplace:

@danthethriller said in PSA: Marketplace:

@raesone_psn said in PSA: Marketplace:

@bhall09_psn said in PSA: Marketplace:

@raesone_psn said in PSA: Marketplace:

People just wanna sell quickly. I'm assuming you're upset because you're being undercut all the time. You could always hold onto your card(s) for a few hours when the traffic on it is lower and all the undercut cards have been sold.

I've heard this argument before, but how does it sell it faster? It's still first-come, first-serve. And there are certainly people that will still 1-stub you lower at lower prices.

Because by lowering a price by 10K for example, the second guy trying to sell is most likely to think "well that's a bit too much to drop, so I'll wait for a few minutes until this card is off the market".

Except that’s NOT happening, and people are chasing values down into the toilet.

It wasn’t like this in 19 or 20...did everyone get dumber?

It has always been like this, you just never saw it. People don't care about 10K on a 100K+ card, stubs are made pretty easily in this game.

You must be talking about player cards, because I stick to equipment, which used to be stable.

It definitely wasn’t like this, because I would literally do 100+ equipment transactions/day and not see this.

I can definitely see it happening with player cards, because they’re 1) rarer and 2) usually WAY more expensive.

Either way, the whole undercutting phenomenon is nothing new and in my opinion people have every right to do so. If I have a gazillion items in my binder that I'm willing to sell for half the worth, that would be my decision wouldn't it? If that halts anyone's progress on the market, tough luck.

SDS

I do this because if someone has less stubs than me, they can’t outbid me and it saves me the trouble of having to always make sure I’m the lowest bid. If the card cost 10,500 and some dude has 10,000 but I have 11,000 I can make sure he can’t outbid me by doing something like 10,750 instead of 10,001

SDS

@kdclemson_psn said in PSA: Marketplace:

I do this because if someone has less stubs than me, they can’t outbid me and it saves me the trouble of having to always make sure I’m the lowest bid. If the card cost 10,500 and some dude has 10,000 but I have 11,000 I can make sure he can’t outbid me by doing something like 10,750 instead of 10,001

You don't know if the person doesn't have extra stubs.

SDS

@bhall09_psn said in PSA: Marketplace:

@kdclemson_psn said in PSA: Marketplace:

I do this because if someone has less stubs than me, they can’t outbid me and it saves me the trouble of having to always make sure I’m the lowest bid. If the card cost 10,500 and some dude has 10,000 but I have 11,000 I can make sure he can’t outbid me by doing something like 10,750 instead of 10,001

You don't know if the person doesn't have extra stubs.

You conveniently ignored my answer to your question.

SDS

@raesone_psn said in PSA: Marketplace:

@bhall09_psn said in PSA: Marketplace:

@kdclemson_psn said in PSA: Marketplace:

I do this because if someone has less stubs than me, they can’t outbid me and it saves me the trouble of having to always make sure I’m the lowest bid. If the card cost 10,500 and some dude has 10,000 but I have 11,000 I can make sure he can’t outbid me by doing something like 10,750 instead of 10,001

You don't know if the person doesn't have extra stubs.

You conveniently ignored my answer to your question.

I saw it. I just disagree with it. There have been plenty of examples of people cutting a sell price by, say, 1,000 stubs and then they themselves get underbid by a single stub.

I'm not new around here. I know how things work. I disagree with you. People that do it aren't necessarily selling their card any faster and they are still getting outbid sometimes.

SDS

@raesone_psn said in PSA: Marketplace:

@danthethriller said in PSA: Marketplace:

@raesone_psn said in PSA: Marketplace:

@danthethriller said in PSA: Marketplace:

@raesone_psn said in PSA: Marketplace:

@bhall09_psn said in PSA: Marketplace:

@raesone_psn said in PSA: Marketplace:

People just wanna sell quickly. I'm assuming you're upset because you're being undercut all the time. You could always hold onto your card(s) for a few hours when the traffic on it is lower and all the undercut cards have been sold.

I've heard this argument before, but how does it sell it faster? It's still first-come, first-serve. And there are certainly people that will still 1-stub you lower at lower prices.

Because by lowering a price by 10K for example, the second guy trying to sell is most likely to think "well that's a bit too much to drop, so I'll wait for a few minutes until this card is off the market".

Except that’s NOT happening, and people are chasing values down into the toilet.

It wasn’t like this in 19 or 20...did everyone get dumber?

It has always been like this, you just never saw it. People don't care about 10K on a 100K+ card, stubs are made pretty easily in this game.

You must be talking about player cards, because I stick to equipment, which used to be stable.

It definitely wasn’t like this, because I would literally do 100+ equipment transactions/day and not see this.

I can definitely see it happening with player cards, because they’re 1) rarer and 2) usually WAY more expensive.

Either way, the whole undercutting phenomenon is nothing new and in my opinion people have every right to do so. If I have a gazillion items in my binder that I'm willing to sell for half the worth, that would be my decision wouldn't it? If that halts anyone's progress on the market, tough luck.

It’s your right.

It’s also not smart.

Both things can be true.