Just look at the picture:
The person is asking for 176K Zen's for 361 AD each = 63.5 million AD
There is a cap on how much AD you can get and this game is new so no way he could get this much AD in such a short time.
The value of ZEN dropped drastically in last few days and gold spammers increased.
Cryptic please start banning these type of players otherwise the economy will be ruined.
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just getting a few very rare level assets from the profession bags is enough to net you a few millions, and people do pay hefty prices for stuff like full crafted (tier 3 results) and epics.
the 24k refined AD/day is really just small change and i doubt you can consider it a large part of the economy.
You realise that that could be 176k people putting up 1 zen each right?
i believe he was referring to the fact it shows the bulk amount requested, and we don't know if it's from 1 person requesting that much zen or a multitude of people.
You like playing with monsters, they like playing the economy. To each their own.
Or rather whey they gave a huge AD bonus for founders.
They've set it up so that it can have a variable rate, from 50 to 500. Yes, the economy started pegged at maximum. Because 1. the only AD that existed was the bulk amounts the Founders bought, and 2. people could buy as much zen as they wanted. AD was more valuable.
As more people get AD, and the economy stabilizes, the exchange rate drops. At some point, it'll stabilize, once we have all that founder AD out of the economy and it's running "naturally".
(And yes, that 176k zen is the sum total of everyone trying to sell a zen for that price. If you put some zen up for sale at that AD value, it'll add to the total.)
Personally, as someone planning to sell AD for zen, I'm happy with the value change - it'll get me more AD. The last year on Star Trek, I've gotten around 8-10k zen on the exchange - because the exchange rate has been in the 90-130 range. Of course, the zen sellers weren't happy, since they had to sell more zen to get dilithium for projects, but the price seems to be slowly rising again.
edit: the real profitteers are the people who, during the 5-day headstart, said "hey, zen is the most valuable it can be!" and bought $50-200+ of zen and used it just to buy millions & millions of AD. They're going to wait for a few months, until the rate drops even more, then cash out, doubling their zen. (I was both too late, too cheap, and too impatient. I heard about the concept and turned $10 of my zen into AD @490. But then I wanted to buy something, so I changed it back while the rate was only a bit lower. Made 50 zen profit.)
Actually that is nothing compared to the amount made by people who raced to endgame, and started selling all the BoE epics on the AH.
This is pure supply and demand, if the supply is higher than demand then AD value will be higher, if demand is higher than supply AD value will be lower.
Meaning that it depends completely on how much zen there is currently for sale.
It's actually the contrary. The more AD, the higher zen prices because it makes AD less valuable.
But really, once all founders and spenders get rid off their initial zen/investment prices will probably rise again.
And if AD can be gained fast through several ways you can expect Zen to rise its price.
before you post something. maybe look into it...
the posting for 175k zen is not one person. derp derp
You know what they say about assuming. The maximum offer any person can make on one buy/sell transaction is 5000 zen. Also, there is a limit to the number of listings that you can have. I believe 5 is the maximum number of listings you can have. In essence, you would be able to have five listings of 5000 zen purchase/sales which equals 1,805,000 AD at the rate of 1 zen per 361 AD. Times that by 5 and you have 9,025,000 AD. So, a person can make purchase requests of 25,000 zen as the maximum; that's no where near 175,890 zen that OP is assuming is being requested by gold sellers. You'd need 7.0356 characters or accounts to make 175,890 zen purchase requests.
There was no race, just playing it gets you to 60 in a few days... and the purples are levleing out to a decent price now which is good for people that are not getting into the dungeons with decent teams or people needing all the time.
500:1 is the maximum the game allows. It was 500:1 for the whole headstart and I bought 15M AD at that rate. That cost me 30,000 Zen. If I exchanged them back now, I would get back about 41,000 Zen. Not bad for about two weeks. (But it will get better, so I hold onto those.)
And how are they tied to one another?
This is an open beta. Start treating it like one.
Also, you can get a TON of ZEN every single day.
1. Leadership
2. Invocation
3. do every daily
4. Skirmishes, especially during bonuses
5. Broker, so much AD to be made here its not even funny.
6 ZEN store. You heard me. You can buy anything from here with ZEN and make far more in AD to buy more ZEN than you spent.
no you didn't. . .
. . .the cap is and always was at 500 to 1. . .
Expect you can get that much AD if you invest cash into the game or some people have been farming purples in level 60 dungeons and selling them. Just because you haven't figured it out doesn't mean there is some grand conspiracy manipulating the market.
The price is falling because people are complaining about the prices being too high in the cash shop. People won't buy zen unless the price falls. People are selling zen to the market because there is high demand for it.
I know i bout some at 600, so dont know where you are getting your info but it was at 600.