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Economics Fail

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Jul 24th, 2012
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  1. [17:42] Gavinsem: Axe for 18 gold?
  2. [17:43] Nimroddel: way too little, costs 28 to make
  3. [17:44] Gavinsem: 28? the recipe is like 600 silver and the shards along with high clenegard ingots, a cracked rhi sigil and a symbol, and symber are easy to come across. Plus they market price on it is only 16-18 gold.
  4. [17:45] Nimroddel: the lowest 2nd age on the AH at the moment is going for 40g and that is a guardian belt, the lowest weapon is going for 45g
  5. [17:46] Gavinsem: You yet to figure out how an auction house works. The market is different and ebay. I can guarentee selling an item up front costs less than selling one over a website. So what you are saying here is it costs and extra 20 gold to get a crafter?
  6. [17:46] Gavinsem: than*
  7. [17:47] Nimroddel: i have no idea what you are trying to argue now
  8. [17:48] Gavinsem: You are telling me an item that shouldnt go more than 20 gold is being sold for 40 gold. And what you are doing is dimming it down another 20 gold to sound reasonable, when no body buys for those prices.
  9. [17:48] Nimroddel: if no one buys for those prices then why do i keep selling them?
  10. [17:49] Nimroddel: i have made 16 lvl 75 2nd ages in the last 3 weeks and have sold 14 of them
  11. [17:49] Nimroddel: and yes it cost more to buy something than to make it yourself
  12. [17:50] Gavinsem: People dont understand how prices work, you, the seller a rip off d^ck who over prices. Just because you dont understand how it works to make an item. You claimed that champions axe costs 28 gold to make. Its not nearly as much. Actually I am sure it costs about 2k skirmish marks to make along with high celengard ingots.
  13. [17:50] Nimroddel: so you're complaining to me about economics
  14. [17:51] Nimroddel: im going to sell something for the most i can get out of it, why does that make me a bad person?
  15. [17:51] Gavinsem: I am telling you, that you must be stupid because you know nothing of a cost of making a weapon. And you are selling an item triple the worth of it..
  16. [17:51] Nimroddel: again, you are complaining because you dont like the price, if you dont like the price, shut up and move on with your life
  17. [17:51] Nimroddel: im not forcing you to buy it
  18. [17:51] Nimroddel: not even forcing you to complain about it to me
  19. [17:52] Nimroddel: if you can make it yourself for cheaper or buy it somewhere else for cheaper, do so
  20. [17:52] Gavinsem: Not complaining, explaining to you how to add up prices.. Like you never took economics class in school to under stand how prices add up and the cost of it.
  21. [17:52] Nimroddel: if you want what i have, that is the price
  22. [17:52] Nimroddel: dont try to lecture me on how to sell stuff
  23. [17:52] Nimroddel: i can do just fine by myself and i never asked for advice
  24. [17:53] Gavinsem: I think you need it more than you think..
  25. [17:53] Nimroddel: as i said, i have been doing just fine on my own thank you very much
  26. [17:53] Nimroddel: now when i want to start selling things for a loss, i will head what you have given me
  27. [17:53] Gavinsem: Hmm well first off get thru your head it doesnt cost near 28 gold to make. Must be really dumb to think that..
  28. [17:53] Nimroddel: I price all my items at a fair AH value
  29. [17:54] Nimroddel: if you do not agree with that value, then that is your opinion
  30. [17:54] Nimroddel: does not change what I price my wares at
  31. [17:54] Gavinsem: AH again, not the market price, how people sell it. Its different, you really know nothing of how prices work or about costs.
  32. [17:54] Nimroddel: I dont now do i? so then why am I the one successfully selling my wares and you are the one without a 2nd age?
  33. [17:55] Gavinsem: I have a second age, I was going to buy for a price that it costs to make, but with a 2 gold profit. Instead you are ripping people off and selling triple.
  34. [17:56] Nimroddel: and if they want to buy it for that much, then i want to sell it for that much, I believe you need to revisit your high school economics class
  35. [17:56] Nimroddel: supply and demand
  36. [17:56] Nimroddel: if i can sell it for more, i will
  37. [17:57] Gavinsem: You are like a car dealer. You sell an item when its not worth near the much. They say its worth that much when in market its not even close.
  38. [17:57] Nimroddel: and you're complaining to me about it, i dont see your argument?
  39. [17:57] Nimroddel: should you not be complaining to the buyers about why they would pay that much?
  40. [17:57] Gavinsem: Wow first you dont know prices and costs and now you are blind and can't read. You must be a chinese person who took only one english class...
  41. [17:58] Nimroddel: if you are going to continue to insult me with no real argument then I will ignore you
  42. [17:58] Gavinsem: Wow again you must be stupid an ignored everything I said. Go back to pre school kid..
  43. [17:58] Nimroddel: im done here.
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