I'm pretty bad at PvP. Apparently I'm "meh" at AH PvP!
Cutting off the Nose to Spite the Face
One of my most recent ventures was to move all my buying and selling to my second account. I even recreated Liquidate, my old glyph posting toon! This would allow me to do whatever I'd like on my mains/alts (dailies, raiding, archaeology, etc.) without having to give up my presence on the AH to buy/undercut/etc. This resulted in a huge surge of sales for several days and I was sitting pretty.
I started to notice, though, that another player seemed to have the same set up. There was a level 20 shaman we will call Emma in SW who would constantly, quickly undercut me by posting one gem 1c below mine. She did this for probably about 80% of my cuts and I decided I really liked this market so I was going to try to push her out. I was quite sure this wasn't a bot (coincidentally I later found out with about 80% certainty that this is the alt of a guild member/friend) and decided to just strong arm them out. I would drive prices so low neither of us would profit and hope that they ran out of steam before I did.
Things went well for a while. I constantly undercut them while they constantly undercut me. I was making about 10k a day off the JCing regardless of this little gem war going on and was okay with it.
Until I sat down and took my own advice and began tracking my incoming and outgoing. While I was making a profit of about 10k a day I was spending almost 2k a day on posting fees for all these gems. I kept on for a little while before finally throwing in the towel.
I never really had the desire to get into bidding wars or to try to muscle anyone out of a market before. I know I don't have the attention span to dedicate to such a venture and so usually I just go to one of my other pet markets until they clear out. So, "Emma" has won this one. But I feel like admitting I was losing and backing out sooner rather than later gives me a bit of credit. I still can make good gold here by posting during the day when this player isn't online, as well as posting the lucrative cuts they don't have. (Seriously, they don't have any Inferno Ruby cuts. o.o) So I'm not feeling like I'm running with my tail between my legs as much as I might otherwise. =D
Faid: Back with a Vengeance
So how did I redeem myself in the world of AH PvP? By pointing the banhammer at my great rival, of course! Well, great rival? Not really, we barely even competed in the same markets; I would do gear and consumables with small ventures into enchanting scrolls, he would do glyphs with the occasional enchant scrolls. But when one of us would post up those 5 scrolls the heavens would break and rain blood upon the masses as our epic battle unfolded.
But, yeah, remember this guy?
I think the reporting finally paid off. I think he's been banned! Only time will tell if he comes back, but for now, he's gone. At long last, the glyph market is free.
Free for the taking? I'm not sure if I want to delve back into glyphs; it wasn't my favorite market to begin with. But with the market so competitive I imagine it's nearly barren now that he's gone, I may be able to swoop in and make some pretty hefty cash.