90% of the prism capes sold on Siren are by the crafters who make them (there are about 5 of us), the price is not driven down by people reselling their old ones, which is a theory that the market is saturated.are you taking into account how many more people all crafting prism capes or trying to sell ones they already had? items don't just dissappear after they are bought, people resell them after they don't want them anymore.
I'm not responding to the rest of your post, not because you won't reply, but simply because you don't know what the fuck you're talking about.
This is a gem though... Yes gilsellers must be secretly selling those items at their insanely large prices over shout while the exact same items sit in bazaar for weeks at much lower prices with no sales.Gillsellers lately been selling all of the _special-monopolized_ items over shouts. People are buying Kraken for 100M still, and sells rather fast still.
I can't figure out if you think consumers are brilliant savvy businessmen who know the exact point to wait to buy gear (and put off levelling until the price drops enough I assume?), or if they are retards that would rather pay 20m more to a gilseller instead of buying from bazaar.
If you think that the FFXI economy is made up of kraken clubs and speed belts you don't understand much of what's going on. The insane amount of mid to high level HQ's that change hands everyday dwarfs the amount of gil moved back and forth by the 1-2 kraken and speed belt transactions each day. The fact that most of those mid to high level HQ's have dropped 40-50% or more in price proves the lack of gil in the system (unless krakens cost 1b a piece now, guess I don't know about the secret sales from gilfarmer via tell.)