Can you all please stop ruining the economy

gavinstorm2

So i put a horn of blasting in the trade house around 450k which i thought was strange because just about 1-2 weeks ago it was 700-800k but i put it for 450k anyway. 10 minutes later there are 5 more listings under me for like 350k and 300k. This is the type of HAMSTER that ruins the economy and for those of you that do this can you please stop if something is worth 1 mil and you put it in the tradehouse for like 600k can you please stop

Unknown

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randomdigits

People need quick money, possibly to buy Zen so that they can purchase Experience Boosters and what not for the 2XP event. And with all the AD changes people seems to have way less AD than they used to. So good luck with your sale

gavinstorm2

randomdigits#2166 said:

People need quick money, possibly to buy Zen so that they can purchase Experience Boosters and what not for the 2XP event. And with all the AD changes people seems to have way less AD than they used to. So good luck with your sale

Yes, i understand people need quick sales i mean i really understand because ik how annoying it is waiting for something to sell. But when people keep undercutting people over and over again the last person to undercut is basically forging the new price of that item in stone and then the item that used to go for a mil now goes for like 500k or less which means getting that epic mount in a lockbox basically means nothing because it might go for 150k maybeeee

randomdigits

The world is changed.
With no Leadership armies, no tradeable loot, reduction in salvage values and lots of new boons to pay for, people are making way less AD than they used to. 20K AD per day is kind of nice
So 1,000,000 AD in Mod 5 feels more like 300,000 AD in Mod 6 at the moment.

thejawlives

If i may make a suggestion...if you have the AD, buy em out. Then you can dictate the price anyway you want as you will then own the market. Thus more profits!

If you don't or can't, you can bet there are those out there that will capitalize on the opportunity.

destrowod

I guess its a matter of demand just like ebay. If i see something for 30K but i feel its too expensive, no matter if its the only one, ill wait for a cheaper one, then if one dude put it at 20K eventually, i may buy it. Market i supose is dictated by the buyers/players.

You can't blame somebody for outselling you. Personally i sell lower stuff but i always cut the price by 1/3 of the "sugested price" when i do... why? cause i want to sell this... Yes my stuff is only 1500 or such prices at best, but i guess some people are willing to do it for highter end stuff too

gavinstorm2

destrowod said:

I guess its a matter of demand just like ebay. If i see something for 30K but i feel its too expensive, no matter if its the only one, ill wait for a cheaper one, then if one dude put it at 20K eventually, i may buy it. Market i supose is dictated by the buyers/players.

You can't blame somebody for outselling you. Personally i sell lower stuff but i always cut the price by 1/3 of the "sugested price" when i do... why? cause i want to sell this... Yes my stuff is only 1500 or such prices at best, but i guess some people are willing to do it for highter end stuff too

lol im not mad that he outsold me i mean i kept my price the same his sold and then mine did for 450k because i never changed it. I am mad because eventually in the near future nothing is going to be worth anything anymore(AD).

cactusjackter

There's no set values in the game. The prices suggested when you list an item is based on the prices of the items already on there. Try listing a religion kit or two, they're apparently worth about 75,000 AD...

codher0

It's because they drop from the lockbox. Supply and demand

destrowod

Yeah well thats the thing, No pre-set prices so people ca do what they want. Personally i don't care how rare something is, i won't pay 6 millions for it... At some point stuff have to be sell for reasonable pricing. Its also tricky to know the drop rates of items...

For exemple how many lockboxes to open before i can get a mount or something "rare". Guess ill know by the end of my 30 days of VIP... but this whole market is so "always moving" you can never know.

majik518

This time next month that horn with be worth 200k because your average player can't even make that much in a month.

armadeonx

To be fair I'm not happy when I see prices for items in the millions, it's completely out of reach for the majority of players except for those that know how to 'play the system'.

The economy has been tightened to reflect the earning capacity of the average player - I would make changes to that so that a character can more easily reach the refining cap, but prices were getting dumb.

6 months ago you could buy a Lantern for 300k then it shot through the roof. It wouldn't have done that if there weren't enough people able to pay the ridiculous amounts asked.

To my mind a player 'should' be able to get their character up to spec with minimal use of the AH, just through playing and I think the next set of changes from Cryptic should assist this further.

For that I mean use leadership at rank 25 for things like coal wards & dragon eggs. Things that are hard to get but are necessary ingredients for crafting your top end gear - that would give it an actual purpose to replace the previous one of AD generation.

nickinight

armadeonx said:

For that I mean use leadership at rank 25 for things like coal wards & dragon eggs. Things that are hard to get but are necessary ingredients for crafting your top end gear - that would give it an actual purpose to replace the previous one of AD generation.

I like this idea. It gives Leadership an actual purpose.

cactusjackter

Yeah, because people would then have leadership armies churning out those items and ruining the economy even further, would they?

nickinight

cactusjackter said:

Yeah, because people would then have leadership armies churning out those items and ruining the economy even further, would they?

Obviously there would be a chance at getting them from certain "missions", not a guaranteed reward. Plus they could be bound to character.

The economy is already messed up. But the cheaper your dragon eggs, the more profit from your Leather working, etc, profession you'll get.

nem3sls

the downfall begun wit Tiamat, since the market and values are going down down down... I have loads of zen, worth nothing

eventually economy will rise, eventually not.

fastandfrivolous

OK, you caught me. It was definitely my low prices on stuff that caused all the economic crisis. Had nothing to do with massive changes to the amounts of available AD, gear changes, refinement mats, all that other irrelevant trivia. I can stop doing the undercutting and get everything back on track in no time, so sorry for any inconvenience

thejawlives

I knew it was you.....why I oughta...

sharpassassin1

I have always found it odd when someone drastically undercuts the market by 10-20% when you can sell something valuable within a few hours by simply posting it 1 AD below the lowest buyout price.

Of course with that being said it's all about supply and demand....if you properly priced your item it will eventually sale.

wanderingkyng

Nobody is 'ruining the economy'. There is a basic economic principle regarding the relationship between price, supply, and demand. How this affects the Horn of Blasting prices is easy to understand. Ever since the release of the lockbox and level 70 LoL dungeon, the supply for this item has increased. There is also a steady influx of this item into the game because players continue to run LoL and open lockboxes. The problem with an item like this is everyone needs exactly one and only one per character they are gearing for endgame. As a result, with the ample supply, the demand for this items decreases over time as more people have one and less people need one. There will always be demand generated by new players and characters, but it shrinks faster than it can grow. When supply holds steady over time but demand drops, so does the value of the item. The thing is, there are scads of people like you out there whose perceived value of that item is greater than it's actual value because of it's historic value. They've already tried listing their item a few times, but get undercut like you did and it doesn't sell, so they sit like vultures holding onto that item waiting until someone lists one - and then the undercut wars are on. You see, the full supply of that item is not represented on the Trade House. There are probably several un-used Horns floating around out there, waiting for a good opportunity to sell. The other issue at play is the entire economy is deflating due to the increased value/rarity of AD. My recommendation to you personally is to wait until someone else lists one and undercut by ~20%. Trust me, you won't regret this even though it seems like taking a loss but you'll be much closer to the actual current value of the item and it'll sell to some fool who perceives the value as higher.

deathbringer

I always undercut when I post my items. I only undercut by 1 Ad though, just so mine is the 1st one the person sees.

stpensive

cactusjackter said:

There's no set values in the game. The prices suggested when you list an item is based on the prices of the items already on there.

Its not based on the items that are there currently; the starting price is based on what they have sold for (on average).

cactusjackter said:

Try listing a religion kit or two, they're apparently worth about 75,000 AD...

This made me chuckle... The reason they are that expensive is that is how people are trading diamonds amongst themselves.

zephyriah

stpensive said:

cactusjackter said:

There's no set values in the game. The prices suggested when you list an item is based on the prices of the items already on there.

Its not based on the items that are there currently; the starting price is based on what they have sold for (on average).

Not sure that is correct. I thought (pretty sure but can't provide any proof) the starting price was based on average listing price. That's why you get some way overpriced start. Someone puts too many zeros in and the average goes up.

Unknown

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soonergm

this thread talks about the value of everything decreasing.

in other threads we have people complaining that they can't make enough AD anymore, and the cost of everything is too high. some people said the cost of items has not changed... smh

randomdigits

Well, there are also those of us who can still make enough AD and enjoys the lower prices.
These people don't start new threads...

rroadwarrior

First of all, you have no clue as to what the word, "economy" means. In any true economy, prices go up and down..i.e. look at housing prices over the last 10 years. I'm not going to go into any more details, as you will learn this in collage by taking an economy class. I guess they don't teach economy in high school anymore.

What you are trying to do is called, "Price Fixing". This is illegal in the United Staes, because it would upset our economy.

sudnd3th

soonergm said:

this thread talks about the value of everything decreasing.

in other threads we have people complaining that they can't make enough AD anymore, and the cost of everything is too high. some people said the cost of items has not changed... smh

when it comes to armor and weapon enchanments really the price hasn't changed all if not most of the highly wanted ones have went up in value. Problem is people with the large stashes of AD can control the market now and the people that don't have large sums get screwed. Plus most ppl that have the influx of AD don't need anything anymore and just play the market and control it so they keep the advantage.

davidagaldo

rroadwarrior#3554 said:

First of all, you have no clue as to what the word, "economy" means. In any true economy, prices go up and down..i.e. look at housing prices over the last 10 years. I'm not going to go into any more details, as you will learn this in collage by taking an economy class. I guess they don't teach economy in high school anymore.



What you are trying to do is called, "Price Fixing". This is illegal in the United Staes, because it would upset our economy.

Well the 'collage' you attended is unique to start with.... and lacking importance with English.

Or, was that not in your High School?

LOL, just having fun.

rroadwarrior

> @davidagaldo said:
> First of all, you have no clue as to what the word, "economy" means. In any true economy, prices go up and down..i.e. look at housing prices over the last 10 years. I'm not going to go into any more details, as you will learn this in collage by taking an economy class. I guess they don't teach economy in high school anymore.
>
>
>
> What you are trying to do is called, "Price Fixing". This is illegal in the United Staes, because it would upset our economy.
>
>
>
> Well the 'collage' you attended is unique to start with.... and lacking importance with English. :)
>
> Or, was that not in your High School?
>
> LOL, just having fun.

Well, grammar was never my strong point. LOL.
Take care.