It's true, up until recently the market always rose during 2xrp events. What's happening now is outside of the pattern established over the last couple of years.
Whatever the reason, I made good use of it as I bought a load of extra pres wards.
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Xael De Armadeon: DC
Xane De Armadeon: CW
Zen De Armadeon: OP
Zohar De Armadeon: TR
Chrion De Armadeon: SW
Gosti Big Belly: GWF
Barney McRustbucket: GF
Lt. Thackeray: HR
Lucius De Armadeon: BD
it's still depressed. it rose to 286 the day after teh event ended but it keeps pressing down to 271 or so during the day. hasn't broke below that yet.. but it's not strongly rising..
it's still depressed. it rose to 286 the day after teh event ended but it keeps pressing down to 271 or so during the day. hasn't broke below that yet.. but it's not strongly rising..
Good grief! It been over for all of a day. Give it a little time. The siege is still going on.
past performance does not predict future performance, there is such a thing as free will Fun thread though...
free will applies to the individual not a market. lol. normally markets do react in fairly predictable ways. this particular market had acted in a fairly predictable way for a couple years then suddenly changed it's spots. it's odd. and yeah I'm not so sure it's coming back to pre-event levels. why would siege keep the prices low? lol. it's not that great an event other than for helping with sh.
My assumption is its falling due to the lack of a 2xAD event. People needed ad to buy superior marks so they sold zen theyve been hoarding driving the price down. Its been quite some time since we've had one.
And that may be the reason why. If the developers want the exchange to bottom out somewhere around 250,they need to pull ad out of circulation. adding zen to the marketplace could just cause inflation. However the lack of a Double Diamonds event means that when it eventually happens there will be a glut of AD hitting the marketplace. Even with the daily refinement limit there'll be a massive Surplus. Perhaps they are decreasing drops in the game in an effort to limit the salvageable items available?
nothing about that is new in this game. it's always been like that. (what people use 2x rp for) as far as availability. we don't have 2x but we are having better drops in the dungeons and a good portion of it saleable. from people I've talked to most stopped hoarding salvage months ago. when supply on ad is truly dried up the market has dropped to ridiculous levels in the past like 110 ad to zen. and we're not there. i don't think that many people "hoard zen"
as far as what it is that is causing the reverse.. something integral must have changed for the forces of nature as itwere to have changed so drastically. I suspect some sort of market manipulation from the devs. I think in the past it was stated the ideal spot for the market was at about 225 to 250 from the games stand point.
I remember that as well. And we do agree thar the developers do watch and manipulate the market to keep it at a set point. The question I have is how? Do thay just add diamonds and zen or is something else going on?
This not a typical "stock market". There is no finite amount of AD or Zen. Adding Zen would have no purpose. Add that to the fact that people buying Zen is no guarantee that said Zen would be placed in the exchange, but instead used to purchase items.
of course adding zen has a purpose. you can push the exchange up or down with zen supplies by exerting force in whatever direction you want the market to go. if you put a big paywall at an upper point or lower point you influence the way the direction goes.
What happened with the PC is a good example of a Marketplace that was not kept in balance. 500 to one Exchange rate and being forced to wait days for your trade to go through. The development team once said that ad represent time and zen money. To balance the economy you need both.
yah know with the lessened amount of people playing.. I wonder if it's just almost all the activity on the market is people playing the market and that has something to do wiht it. I was playing the market last night adn tried to play it today but watching the activity it's clearly a bunch of other people tryign to play the market. (too many and it becomes a dangerous game, starts cutting too close to the buy sell price and you are in danger of holding the hot potato..)
So what you guys are saying is that Arc/PW is artificially manipulating the AD exchange (I guess by themselves buying and selling) to keep the exchange low?
All i am saying is that PW could give every account 1000 Zen and 100,000 AD and it would not effect the AD exhange UNLESS that Zen and AD was entered into the exchange.
The big difference between the two currencies in the exchange is that one is based on how much one group is prepared to pay for in hard cash, and the other depends on the availability of resources. In that sense, AD is more like a commodity, and Zen a currency. For people to want to buy Zen there needs to be a reason. Reason one is obviously to buy direct from the market, and other than one off purchases, regular use is for stuff like VIP and keys. Reason two is to trade for AD.
New AD comes into the game through refining rough AD, and leaves through the Merchant, and through the levy. This to and fro is one of the key elements in establishing the value of AD on the Zen Ex. The more AD, the cheaper it is, and vice versa.
The game will have an optimum exchange rate, that will be closely monitored and I imagine it will be somewhere around the 300 mark, and there will be a happy zone of perhaps 25 either way.
The further the rate moves away from that optimum the more the need to artificially assist with events designed to move it back to that optimum. (I might be way off, and they might want it at 400 or 200, but I imagine it will be closer to the mid point.)
What they don't want is a situation where one currency dominates the other. That's what happened on the PC, and led to the drop in salvage rates and invoked rough AD.
AD is now coming in slower than it used to, and while people seem to dismiss the levy, it only takes two trades to knock 19'000 off the value of 100'000.
Whether the RAD farmers left the game, or swallowed the deal, there are millions fewer AD coming in. A guy with 50 alts is now worse off to the tune of over 1 Million AD per WEEK. And while those players were not the vast majority, its still a fair lump of buying power that has shifted towards active players. The balance of distribution of AD is probably as important as the volume itself. It's a lot less likely to be in the hands of people who would dump millions on Zen during a double anything event, and is far more likely to be spent in a more reasoned, even cautious, manner.
What happened before the Salvage/Invoke change was in a different economy to the one that exists today.
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Whatever the reason, I made good use of it as I bought a load of extra pres wards.
Xael De Armadeon: DC
Xane De Armadeon: CW
Zen De Armadeon: OP
Zohar De Armadeon: TR
Chrion De Armadeon: SW
Gosti Big Belly: GWF
Barney McRustbucket: GF
Lt. Thackeray: HR
Lucius De Armadeon: BD
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the market never came back up from xmas.
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as far as what it is that is causing the reverse.. something integral must have changed for the forces of nature as itwere to have changed so drastically. I suspect some sort of market manipulation from the devs. I think in the past it was stated the ideal spot for the market was at about 225 to 250 from the games stand point.
All i am saying is that PW could give every account 1000 Zen and 100,000 AD and it would not effect the AD exhange UNLESS that Zen and AD was entered into the exchange.
In that sense, AD is more like a commodity, and Zen a currency.
For people to want to buy Zen there needs to be a reason.
Reason one is obviously to buy direct from the market, and other than one off purchases, regular use is for stuff like VIP and keys.
Reason two is to trade for AD.
New AD comes into the game through refining rough AD, and leaves through the Merchant, and through the levy.
This to and fro is one of the key elements in establishing the value of AD on the Zen Ex.
The more AD, the cheaper it is, and vice versa.
The game will have an optimum exchange rate, that will be closely monitored and I imagine it will be somewhere around the 300 mark, and there will be a happy zone of perhaps 25 either way.
The further the rate moves away from that optimum the more the need to artificially assist with events designed to move it back to that optimum. (I might be way off, and they might want it at 400 or 200, but I imagine it will be closer to the mid point.)
What they don't want is a situation where one currency dominates the other.
That's what happened on the PC, and led to the drop in salvage rates and invoked rough AD.
AD is now coming in slower than it used to, and while people seem to dismiss the levy, it only takes two trades to knock 19'000 off the value of 100'000.
Whether the RAD farmers left the game, or swallowed the deal, there are millions fewer AD coming in.
A guy with 50 alts is now worse off to the tune of over 1 Million AD per WEEK.
And while those players were not the vast majority, its still a fair lump of buying power that has shifted towards active players. The balance of distribution of AD is probably as important as the volume itself.
It's a lot less likely to be in the hands of people who would dump millions on Zen during a double anything event, and is far more likely to be spent in a more reasoned, even cautious, manner.
What happened before the Salvage/Invoke change was in a different economy to the one that exists today.