Forum Discussion
While I agree wholeheartedly that GTN prices are out of hand, it is usually just the rarest items. With the supply so low, demand will always be higher. That being said, it is up to the community as a whole to set the prices for items. This happens in two ways, 1) don't pay exorbitant prices. If the item doesn't sell, price gougers aren't rewarded. Boycotting is a powerful tool, and 2) don't sell stuff for exorbitant prices. Undercutting your competitor is part of capitalism, but if we all set prices significantly lower, the overall prices of items will also go down.
That may depend on the server as on Begeren Colony even common items were either expensive or not listed at all. There simply wasn't enough competition to drive prices down or ensure availability. On that note, I agree that boycotting would help, but there will never be an organized enough effort for that to work.
What's really needed is more item availability and more players listing items.Once there is more competition, it won't matter if you have that one person willing to pay 10 mil for an item. That same person will still buy the item for 300k if that is an option. Once there are enough people participating in GTN selling to provide consistently lower prices, then even the biggest spenders will have enough incentive to not indulge those higher prices.
To that end, I think what developers can do is provide more avenues for item acquisition even if they are temporary.
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