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Could the people claiming the economy is utterly destroyed explain...
aftershafter
Member Posts: 156 Arc User
... why the AD/Zen exchange rate on Dragon dropped from about 430 to 370 over the course of the last two days? Shouldn't it be locked at 500 to 1 with the MASSIVE EXPLOITS BREAKING THE ECONOMY 4EVAR ZOMG!?!??!?
Actually, seriously, anyone know why AD rates dropped that much virtually overnight? I was expecting a gradual decline and 370 within a week or two. Any explanation why?
Seems to me that the sky-is-falling routine is pure histrionics from most people. Much like the game should be flooded with cats, according to this forum, but it's rare I actually see someone with one, the fort knox of illicit astral diamonds are largely fictional or have simply been dealt with *far* better than most people think.
So, seriously, anyone know what caused a 15%'ish percent drop in Zen/AD cost over two days? Is the economy fixing itself that damned fast, or is there some specific event I missed?
Actually, seriously, anyone know why AD rates dropped that much virtually overnight? I was expecting a gradual decline and 370 within a week or two. Any explanation why?
Seems to me that the sky-is-falling routine is pure histrionics from most people. Much like the game should be flooded with cats, according to this forum, but it's rare I actually see someone with one, the fort knox of illicit astral diamonds are largely fictional or have simply been dealt with *far* better than most people think.
So, seriously, anyone know what caused a 15%'ish percent drop in Zen/AD cost over two days? Is the economy fixing itself that damned fast, or is there some specific event I missed?
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- Titania Silverblade, the Iron Rose of Myth Drannor (Lvl 60 GWF, Destroyer)
- Gwyneth, the Cowardly Cat Burglar Drowling (Lvl 60 TR, Saboteur)
- Lady Rowanne Firehair, Heartwarder of Sune (Lvl 33 DC)
- Satella, Sensate (LvL 44 CW, Renegade, Non-Active)
Check Steppenkat's Foundry Quest Reviews!
Actually, my point is, the rate is getting significantly cheaper for us when everyone was claiming that it should be stuck at or near 500 because the economy is tanked. Also, keep in mind, it's players putting that Zen up for sale and setting that Zen/AD ratio, not PWE. The price they offer is dictated by the mini-market forces present in this game.
And djarkaan... Care to explain why cheap epics in the AH would lower the cost of AD? That should be largely tied to whether the economy is flooded with astral diamonds, thus devaluing them. Non cash shop items going cheap in the auction house - how does that affect the AD/Zen exchange rate, exactly? Serious question.
There have been no mass buyouts of Zen or AD on the exchange, and no mass buyouts, as of last night, on the AH. As the OP pointed out, the conversion rate is, instead of remaining steady at a higher rate, steadily dropping or leveling off much lower than one would think if one was trying to keep the max level of profit off of exploited AD. So really, other than ninja loot not being as profitable as it might have been, I'm not seeing the long term destruction that has been predicted.
The Nashers™ are likely realizing that they cant launder their ill gotten goods on their mule accounts in the same game where it is all being monitored. With ZEN they have the ability to jump games after conversion.
High impact events and their effects will always level off over time, but that doesnt mean we still wont be seeing the effects for weeks or even months. It all depends on the percentage of Nashers™ whose accounts were banned, and how much of the ill gotten goods were nullified.
- Titania Silverblade, the Iron Rose of Myth Drannor (Lvl 60 GWF, Destroyer)
- Gwyneth, the Cowardly Cat Burglar Drowling (Lvl 60 TR, Saboteur)
- Lady Rowanne Firehair, Heartwarder of Sune (Lvl 33 DC)
- Satella, Sensate (LvL 44 CW, Renegade, Non-Active)
Check Steppenkat's Foundry Quest Reviews!
Tonapah... Actually, the pricing of Zen was higher a few days ago - you know, when everyone said the economy was doomed to have ridiculous Zen/AD prices forever - and is almost to the lowest point I've seen it since the game's release. So, yes, it is supply and demand, but relative to what it has been, it is not very pricey, and is getting less so.
You've got the right mechanic in mind tonapah, but the AD/Zen price is moving exactly the opposite direction you're claiming it is. Buying Zen is cheaper than it was two days ago by a significant margin - not the sign of a flooded economy.
And Steppen... Ah, apologies. Guess I have trouble telling sarcasm any more with the ridiculous way people act in this forum!
Uhhh, the exchange rate is being manipulated by the developers to make it look like the permanently-broken economy is fine, after they pretended to solve all the problems by taking down the AH and tracking down all the illegitimate diamonds and goods. I don't care what empirical evidence you have, the economy is broken because we say so!
(sarcasm in case it doesn't translate well through text)
Good thing we don't have Druids in game yet, or you could have sic'd one on him...:p
Some people will be afraid to draw attention to themselves right now by making large transactions, some will hold the hoarded AD for later so they can use it to manipulate the AH, and others will sell it directly to the gold-selling companies for cash.
The Zen/AD market is not the only aspect of the economy, though it is the one PW cares most about (since it affects their bottom line).
[SIGPIC][/SIGPIC]
Haha, exactly the kind of "logic" we've been making fun of in this thread. No evidence and no data, just pure conjecture and guessing.
Also, if the theoretical person you speak of had traded for thousand of dollars of Zen, they would have been investigated and banned by the company, since, as you mentioned, this would greatly affect their bottom line. I know logic doesn't fit into your argument very well, but it's inconveniently (for you) the truth in this case.
No they can not . You can not move zen from one game to another .
Also cheep epics ? I don't see them . I been looking to get 2 pieces of the other set and a set for my alt . All of them are way more expensive then before Caterday .
It is also a holiday weekend , which should inflate zen prices since theoretically more new people playing and trying to buy AD . We shall see what zen rate does come Tuesday .
Economy is fine. Game is running well. Bug fixes and new content are in the works. Deal with it.
Caterday. Its my favorite day of the the week!
Edit: Caterday*
Problem with this idea is that if these people are sitting and waiting, time is not on their side, if it hasn't already turned against them. PWE/Cryptic has access to all of our accounts as well as auction house/Zen transaction histories, and can simply flag and suspend the people who have "thousands of dollars of Zen" or suddenly got millions of AD in one or two auctions and trace the history of their actions. Even if some people do slip by, it seems a bit unrealistic to think that this wouldn't be their top priority when, as you say, it affects their bottom line.
While you've made a good point, hoarding either AD or Zen acquired in a huge burst during a period where PWE/Cryptic will know to flag people who suddenly acquired massive quantities of AD doesn't lend itself to successfully long term hoarding. If someone is sitting on millions/billions of illicit Zen or AD, they'd best be damned sneaky about it, since the powers that be are actively hunting this people now. Since the powers that be have access to all our information and are a database search away from finding the people with massive quantities in store, I doubt this will be the iceberg to sink this economy, or even lead to long term market manipulation of any significance.
And gold sellers? They have accounts too. Someone may make off with real world money over this with the gold seller being the ones ending up holding the bag.
The OP asked for an explanation of what could be happening, and I gave a possible explanation of why the Zen Market would be OK. No one knows for sure the amount (if any) of exploited AD still in the economy. I am confident they got all of it on the exploiters accounts, and hope they got most of it on their mule accounts. If so, the only exploited AD still in the economy is the money the exploiters laundered to other players and spent on the AH and Zen Market.
The difference between shards is insane though. Mindflayer shard has 8 Adventurers in the AH, with prices varying from 61k - 110k. Dragon shard has 74(!) with the cheapest going for 30k. Everything seems to be ridiculously cheap on Dragon.
End result, the big economic crash everyone was screaming about, oh, two days ago simply will not happen - or what we've already seen was it. Life goes on - enjoy the game, or find a new one.
They can, just not directly through the companies system. If they get caught doing it theyd likely receive a ban, but they already took the risk of exploiting in the first place, so they arent adding more risk by laundering their zen.
yeah , it seems dragon has more serious raiders then mindflayer . We are a casual bunch .
Elocin - Renegade Drow - 39 Devoted Cleric of Selune - Mindflayer
Looking for some Dust of Forum Troll Disappearance ? Sprinkle this on any troll to phase shift them out of your plane of existence.
I never thought I would see the day when you would lighten your stance and actually look at the numbers in game.
As a side note quoted from the state of the game by devs.
"We believe that we have eliminated the majority of the currency that was earned through these exploits. We’ve also investigated the reports of exploitation or illegitimate currency that our players have sent in. Fortunately, in many of these cases, we found that players who claimed to have retained illegitimate currency in chat or on the forums after the issue was resolved did not truthfully have the items that they claimed to have. Still, we continue to investigate reports of potential exploitation every day."
Eventually yes. This game has allowed for both leveling and gearing up very quickly. They made it where the market will eventually reach a saturation level. Once a majority has T2 gear, T1 will become obsolete like green and blue 60's are now. It will be very interesting to follow. Right now the market can't get enough AD.
Trying to predict where prices and zen to AD will be 6 months from now would be impossible. It will be up to the game developers to make adjustments in AD acquirement and gear availability for anything to continue to retain value. This will be necessary for the game to continue to improve or hang on to its current revenue stream.
So now you're confident? I'm glad you've finally come over to the side of logic and backed off from the stance you took for days and days(and even earlier in this thread) that the economy is forever ruined by shadow exploiters even though you had no evidence of same.
Neverwinter Official Wiki - http://neverwinter.gamepedia.com/