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The economy destroyed, the aftermath
iamphaus
Member, Neverwinter Beta Users, Neverwinter Guardian Users Posts: 188 Bounty Hunter
Not too long ago Lesser Vorpal enchantments were going between 400k-600k for several days. All of a sudden today there's 4 left priced over 1.5m.
Awesome!
With my tin foil hat on it seems like market control.
Awesome!
With my tin foil hat on it seems like market control.
Common sense is hard to come by around here it seems..
Post edited by iamphaus on
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Same thing's happening with a bunch of other stuff, and yes indeed we are seeing market control.
The more likely reason for this is due to a bit of the fallout from the GF exploit. People are buying up highly sought after items (such as that vorpal enchantment) and then posting them back up for obscene prices.
You might say that this ruins the economy.
Well no. Not unless the majority of the community is stupid enough to buy em for that amount, or any other high priced item.
They'll be undercut for sure, over and over again, reaching a stable balance.
I still see Solar armor going for thousands upon thousands of ADs. lmao
I wouldn't worry about it.
Give it a few days and those prices will come down as people undercut the sellers.
noone's gonna pay 1.5mil for that.
Smart people anyway.
[SIGPIC][/SIGPIC]
a destroyed economy would be a economy in which no money changes hands. . .ever.
People are still buying and selling.
in time the economy will recover. . .it always does. . .
I want this class in NW.
Joining this game at 'release' as a free-to-play person was like moving to Monte Carlo and living in a cardboard box on the streets whilst the founders got to party in the penthouse.
Eventually, founders will spend their cash, and free-to-play people will receive / earn it.
Unfortunately, as it is now, most free-to-play people have to pick money from the streets daily and, as they get invited to the parties, they get to steal luxurious items to fund their lifestyle.
Maybe, but one thing was done right: the cap of max AD you can make. Granted it's a cap per character, but still, by limiting the introduction of new AD into the system while ensuring that the money sinks are exorbitant, AD is rather much less likely to undergo inflation.
This is an open beta. Start treating it like one.
The ultimate goal of a balanced economy in MMO is to have a balanced amount of currency generated per capita vs currency destruction. It does not necessarily has to be a hard cap...though it is an easier solution to implement.
Personally, I suspect that the AD will undergo deflation, given that the various sinks seem larger than the inputs (how many people, really, are even going to hit that 24k cap? And certainly not on multiple characters. Until they add more content that generates AD, it just takes too **** long for some of it.)
Yes, it would be going into consumables for the people running T2 dungeons. Other threads have popped up recently, saying "OMG, gold's actually needed!" People are apparently burning through lv60 injury kits & potions at a high rate. Easiest way to get more is to sell a key, or a lv60 purple, to some guy who doesn't realize this yet, for gold.
you're absolutely right, but the economy we have now is an elite few control the pricing after the exploiting went on. Most of those items were bought up by players who exploited and soaked up millions upon millions of AD's. They were also buying out similar items to raise the value of their own.
Now the aftermath will be if you want it you need to make them richer and if the value of these items becomes more frequent they will undercut everybody and cash out for huge gains.
With that kind of currency you can move over to the zen exchanger and start influencing that as well. it just isn't healthy when a select few have such a high amount of stock. If those players continue to play this game they will always be the richest players and privy to end game gear as soon as it's released. Chances are they'll be finding future exploits as well because they'll have the best of the best and be running the newer content before the majority of players.
This does benefit free to play players though. They can casually grind some AD's and play the zen exchanger and just keep flipping. It's nothing more than percentage profits and projections on the zen exchanger. It is more about waiting it out than having to figure out the perfect ratios... Zen will ALWAYS spike, AD's will ALWAYS spike.
It is also always the case where a small percentage of elite makes up a large portion of an economy...through being lucky, or hardworking, or smarter than average.
You forgot exploiting broken game mechanics in that list, but other than that yeah.
People might undercut, but if you look and see something for 1.5mil...you wanna get that price. If it sells, you might put yours up there for 1.25mil. Someone might undercut you to 1.2mil and maybe down to 1.1mil...but once it dips below 1mil...people will either withhold selling it off until some of them sell (or come down off teh market) and remark it for 1.5mil.
*maybe* just *maybe* is might come down to 800k, but honestly, the person who sets the initial price is also the person that sets the 'standard' in the eyes of those who watch and play the markets.
It took like 12-16hrs to sell.