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Why the game economy is now ruined...

tallulahkattallulahkat Member, Neverwinter Beta Users, Neverwinter Guardian Users Posts: 112 Bounty Hunter
edited May 2013 in General Discussion (PC)
For those that think this does not hurt the economy you are wrong...
Example:

If hundreds of players have millions of ad.. they control the ah - ad market etc.. so an item that should be one price is way off due to the fact that these exploiters, people with tons of ad etc are posting it based on the amount of AD that is now floating around the game .. If there is a little bit of AD going around the prices are low.. as the economy grows prices rise due to AD rising in peoples pockets etc etc.. look at real world for example.. look how prices have risen over the years on everything. So now instead of the economy slowly rising over time..everything is ruled by the people with millions upon millions of AD.

The game has now turned into the rich get richer and the poor get poorer..


Another good reason why this hurts the economy - and legit players:
Why do you think companies put in money sinks (gold - in game currency etc) in the game? People have so much in game currency that they need to have them do something with it.. (IE: WoW with extreme costs of flying faster and faster or hundreds of gold costs in mounts) meanwhile now that there is this mass amount of AD going on (going on since start of open beta) what will the company do, they eventually will have to put an AD sink somewhere in the game make people spend their large amounts of ad...(something higher in cost then cats, because well the people with all this zen can still buy up tons of cats..) So they add in large AD cost items. People who honestly earned their AD do not even make enough to purchase these items have to say well I want one but that sucks, I can not afford that..so the rich get ahead while the poor have to stand back

This did not just start from a day or 2 ago, exploits of all kinds that caused people to gain large amounts of in game currency have been going on since OB launch...

Only way to fix this sad but far far gone economy is to wipe the AD from the market and all accounts, or wipe accounts completely which we know is not happening
Post edited by tallulahkat on
«13

Comments

  • stormdrag0nstormdrag0n Member Posts: 3,222 Arc User
    edited May 2013
    Hyperbole,

    You are assuming that Cryptic isn't tracking down and banning the perpetrators and their mules...which they are.
    Always Looking for mature laidback players/rpers for Dungeon Delves!
  • tallulahkattallulahkat Member, Neverwinter Beta Users, Neverwinter Guardian Users Posts: 112 Bounty Hunter
    edited May 2013
    Hyperbole,

    You are assuming that Cryptic isn't tracking down and banning the perpetrators and their mules...which they are.

    No Hyperbole here, look at how the actually world works, as more money comes into the picture prices rise.... its the same in all games

    Are they tracking down all the exploiters from all forms of AD exploiting from day 1? ....
  • sinistrad1sinistrad1 Member Posts: 56 Arc User
    edited May 2013
    yep, they assure that.
    [SIGPIC][/SIGPIC]
  • flayedawgflayedawg Member Posts: 475 Arc User
    edited May 2013
    Another good reason why this hurts the economy - and legit players:

    FWIW, it doesn't hurt those players who have never used the AH or the AD/Zen conversion services.
    Fare you well
    Let your life proceed by its own designs
    Nothing to tell
    Let the words be yours, I'm done with mine ...
  • dartakxdartakx Member Posts: 201 Arc User
    edited May 2013
    on the other hand while you are partially right, i don't argue against it. There's other currency like the zen and gold, that will help to redistribute AD in a less monopolistic way... you're right, but i don't feel we can make apocalypse theory... it's too early. Maybe their package will contribute to sink and redistribution of wealth, by providing something very useful for few person that will make them spend their AD/money on.
    [SIGPIC][/SIGPIC]
  • tallulahkattallulahkat Member, Neverwinter Beta Users, Neverwinter Guardian Users Posts: 112 Bounty Hunter
    edited May 2013
    flayedawg wrote: »
    FWIW, it doesn't hurt those players who have never used the AH or the AD/Zen conversion services.

    It does hurt them. read my second paragraph.
  • nephtnepht Member Posts: 5,826 Arc User
    edited May 2013
    Hyperbole,

    You are assuming that Cryptic isn't tracking down and banning the perpetrators and their mules...which they are.

    I agree with the OP somewhat but you have to admit that post had a degree of dramatic flair.
  • dahkohtdahkoht Member, Neverwinter Beta Users, Neverwinter Hero Users Posts: 18 Arc User
    edited May 2013
    https://www.facebook.com/NeverWinterGame/posts/560726977301166

    May 5th - 9:15 pm ,

    Yes , sure , Cryptic will track down all the transactions for weeks now.

    This thing has been known about for weeks. They can't fix it.
  • tarmalentarmalen Member Posts: 1,020 Bounty Hunter
    edited May 2013
    So they get maybe 30% of the AD. I am being generous.

    What about the AD from the oneshotting exploits?

    What about the folks that used the AD to mass rush the profs to 20?

    They have such a huge lead and advantage over average players -including people that buy $30-100 worth of zen.

    I hate being an analyst. I tell folks what they don't want to hear and they stick their fingers in their ears and "LALALALALALA"

    It is a rare breed that can take the heat and 180 on a decision.
  • tallulahkattallulahkat Member, Neverwinter Beta Users, Neverwinter Guardian Users Posts: 112 Bounty Hunter
    edited May 2013
    dahkoht wrote: »
    They can't fix it.

    Thats why i was saying the only way to fix this sad sad economy is to wipe in some sorts either from full wipes or AD wipes... I know this is not happening, just stating my thoughts on what can fix the problem.
  • stormdrag0nstormdrag0n Member Posts: 3,222 Arc User
    edited May 2013
    No Hyperbole here, look at how the actually world works, as more money comes into the picture prices rise.... its the same in all games

    Are they tracking down all the exploiters from all forms of AD exploiting from day 1? ....

    That is the claim, and I have seen it first hand, they are literally sack bombing peoples accounts, but no we can't be sure they will get everyone, what we can be sure of is these yo-yo's won't be able to flood the market because if they do they will have the Cryptic come down on them like a ton of bricks, and PWE has zero problem with removing a Diamond flood.
    Always Looking for mature laidback players/rpers for Dungeon Delves!
  • trickshawtrickshaw Member Posts: 497 Arc User
    edited May 2013
    This isn't the real world. This is a virtual world where everything is tracked, categorized and recorded. They can tell you what was being talked about in your guild chat 2 weeks ago. What makes you think that can't track where large sums of virtual currency THAT THEY GENERATE goes to?
    [SIGPIC][/SIGPIC]
  • uristqwertyuristqwerty Member Posts: 34
    edited May 2013
    Do you know how large the economy actually is? Cryptic does. What if 500 million AD came from exploits, but the full economy was 50000 million, so the exploits only account for 1% of the current total?

    Would you propose a full economy reset to fix that last 1%?

    (Note: I don't have any real statistics, it could be less than 1%, and it could be more. If it was more than 10%, I assume Cryptic would have done significantly more about it by now.)
  • swamprobswamprob Member Posts: 107 Bounty Hunter
    edited May 2013
    Are they tracking down all the exploiters from all forms of AD exploiting from day 1? ....

    So, you feel the wipe should've happened even before this last weekend?
  • tallulahkattallulahkat Member, Neverwinter Beta Users, Neverwinter Guardian Users Posts: 112 Bounty Hunter
    edited May 2013
    tarmalen wrote: »
    So they get maybe 30% of the AD. I am being generous.

    What about the AD from the oneshotting exploits?

    What about the folks that used the AD to mass rush the profs to 20?

    They have such a huge lead and advantage over average players -including people that buy $30-100 worth of zen.

    I hate being an analyst. I tell folks what they don't want to hear and they stick their fingers in their ears and "LALALALALALA"

    It is a rare breed that can take the heat and 180 on a decision.

    Thats why I am saying it is not just from a day or 2 ago, it is from the start...
  • jnaathrajnaathra Member, Neverwinter Beta Users, Neverwinter Guardian Users Posts: 0 Arc User
    edited May 2013
    No Hyperbole here, look at how the actually world works, as more money comes into the picture prices rise.... its the same in all games

    Are they tracking down all the exploiters from all forms of AD exploiting from day 1? ....

    If they were not trying to track them down, the exchange would be available. As of now, it is still cut off.
    Scout Tragold - "I haven't lived this long by being brave... it's just another word for stupid."
  • ajemiaajemia Member Posts: 21 Arc User
    edited May 2013
    So now instead of the economy slowly rising over time..everything is ruled by the people with millions upon millions of AD.

    The game has now turned into the rich get richer and the poor get poorer..

    Hmm... sounds like real world.
  • flayedawgflayedawg Member Posts: 475 Arc User
    edited May 2013
    It does hurt them. read my second paragraph.

    I read the second paragraph, which except for one short reference refers solely to ADs. The GOLD economy -- i.e., me buying & selling to vendors -- is not affected by fluctuations in the supply of Astral Diamonds.

    I have not bought or sold anything through the AH, at all. IOW, what you're talking about only hurts those who take part in the player-to-player Astral Diamond economy. People like me, who have never done anything of the sort, are not affected. Now, you'd probably be right in saying that we're a tiny minority, but I'd counter with "we're the tiny minority who realized early on the Astral Diamonds were going to be a major problem for this game & so chose not to have anything to do with it."

    IMO, Astral Diamonds were the single worst idea Cryptic put into this game.
    Fare you well
    Let your life proceed by its own designs
    Nothing to tell
    Let the words be yours, I'm done with mine ...
  • stormdrag0nstormdrag0n Member Posts: 3,222 Arc User
    edited May 2013
    trickshaw wrote: »
    This isn't the real world. This is a virtual world where everything is tracked, categorized and recorded. They can tell you what was being talked about in your guild chat 2 weeks ago. What makes you think that can't track where large sums of virtual currency THAT THEY GENERATE goes to?


    The Jawa is correct, they can play this economy anyway they want after all they created it.
    Always Looking for mature laidback players/rpers for Dungeon Delves!
  • tybrus8tybrus8 Member, Neverwinter Beta Users, Neverwinter Hero Users Posts: 114 Bounty Hunter
    edited May 2013
    trickshaw wrote: »
    This isn't the real world. This is a virtual world where everything is tracked, categorized and recorded. They can tell you what was being talked about in your guild chat 2 weeks ago. What makes you think that can't track where large sums of virtual currency THAT THEY GENERATE goes to?

    This man speaks the truth. Stop worrying about nothing and get back to playing.
  • landale3landale3 Member Posts: 7 Arc User
    edited May 2013
    I apologize if I'm sounding ignorant. I'm very new to the game, so my history of its goings-ons is limited.

    I see a lot of references in this forum of the game having already been released. Isn't it still supposed to be in Open Beta? That's what I've read, at least. I may have missed something, though.

    I can see them saying no more wipes during the beta because maybe they are trying to test out high-level content and don't want to start back at scratch, killing their timelines for testing and release. But it's rare that the progress made in a beta carries over to the release of the game (I haven't heard of any instances where it has, so maybe this is the exception).

    Did they state somewhere that they won't do any wipes after the beta has ended? I know they said no complete wipes during the beta, but I'm curious if they explicitly said anything about the official release of the game?
  • ironzerg79ironzerg79 Member, Neverwinter Moderator, NW M9 Playtest Posts: 4,942 Arc User
    edited May 2013
    The AD will eventually redistribute or destroy themselves. Keep in mind that in game, there's really no element of scarcity, outside of a player's time. Think of it this way...

    An epic item is on the AH. The market value is 1 mil, but because of the influx of AD, someone will pay 10 mil for it. That 10 mil AD now gets redistributed (minus 12%) to another player. And then the cycle continues, with that player overpaying for stuff on the AH, or perhaps using the windfall to rush crafting jobs (which destroys the AD), which further removes the AD.

    How long this happens depends on how much extra currency is in the system, as well as how quickly players respond to the incentive. If people are overpaying for rare items, more people will go "farm" these rare items, which will ultimately decrease the inflated prices on stuff until equilibrium is reached. If crafting materials are over-priced, it creates a huge incentive for people to sell their materials, or buy extra skill kits to harvest nodes as they quest, in order to sell excess materials. And again, the diamonds will be removed and stuff will return to equilibrium.

    Or an even more plausible solution, the players who exploited will simply get bored and quit. Many won't likely even go through the trouble of distributing their wealth. It'll just vanish with their account. Or they may they may do what others did, buy really expensive things with their AD and give them away...like the cats. Which is actually a pretty good scenario for Cryptic...better to have those diamonds quickly evaporate into cats than sit in the market.

    Anyway, point being is things will sort themselves out...as long as the exploits and loopholes are closed, and the worst of the exploiters are dealt with, life will go on...we haven't fallen off some sort of financial cliff here.
    "Meanwhile in the moderator's lounge..."
    i7TZDZK.gif?1
  • tallulahkattallulahkat Member, Neverwinter Beta Users, Neverwinter Guardian Users Posts: 112 Bounty Hunter
    edited May 2013
    ironzerg79 wrote: »
    The AD will eventually redistribute or destroy themselves. Keep in mind that in game, there's really no element of scarcity, outside of a player's time. Think of it this way...

    An epic item is on the AH. The market value is 1 mil, but because of the influx of AD, someone will pay 10 mil for it. That 10 mil AD now gets redistributed (minus 12%) to another player. And then the cycle continues, with that player overpaying for stuff on the AH, or perhaps using the windfall to rush crafting jobs (which destroys the AD), which further removes the AD.

    How long this happens depends on how much extra currency is in the system, as well as how quickly players respond to the incentive. If people are overpaying for rare items, more people will go "farm" these rare items, which will ultimately decrease the inflated prices on stuff until equilibrium is reached. If crafting materials are over-priced, it creates a huge incentive for people to sell their materials, or buy extra skill kits to harvest nodes as they quest, in order to sell excess materials. And again, the diamonds will be removed and stuff will return to equilibrium.

    Or an even more plausible solution, the players who exploited will simply get bored and quit. Many won't likely even go through the trouble of distributing their wealth. It'll just vanish with their account. Or they may they may do what others did, buy really expensive things with their AD and give them away...like the cats. Which is actually a pretty good scenario for Cryptic...better to have those diamonds quickly evaporate into cats than sit in the market.

    Anyway, point being is things will sort themselves out...as long as the exploits and loopholes are closed, and the worst of the exploiters are dealt with, life will go on...we haven't fallen off some sort of financial cliff here.

    I have read every post in this thread and your post somehow made me feel better.. Only time can tell, but at least your post made me feel better.. lol
  • tarmalentarmalen Member Posts: 1,020 Bounty Hunter
    edited May 2013
    trickshaw wrote: »
    This isn't the real world. This is a virtual world where everything is tracked, categorized and recorded. They can tell you what was being talked about in your guild chat 2 weeks ago. What makes you think that can't track where large sums of virtual currency THAT THEY GENERATE goes to?

    Speaking as someone who works in the profession of multiple tables with literally billions of transactions. A query in itself is only as good as the understanding of the problem.

    Even with an all encompassing query they will miss the man behind the man behind the man.

    In the real live world you would break it down and identify and rectify. Costly, but cheaper than losing all the customers.

    In this BETA world it would be wiser to wipe. You will lose some of the competitive folks, that will probably be gone in 90 days away. You will keep the folks that see the bigger picture and you foster a healthy player base.

    Meh...6 of 1 half a bakers dozen of the other.

    .9999999=1


    I will see how it plays out. Either way I will be sticking around unless the economy is so far out of whack that I will just bail and use the money ear marked for the "real" launch as a night of sorrow with some hookers and blow.
  • erethizon1erethizon1 Member Posts: 185 Arc User
    edited May 2013
    While I agree that hundreds of players having millions of AD is bad for the economy (especially since people that get money without earning it rarely value it enough to spend it wisely) that particular economy-ruining problem has been a part of the game from day 1 in the form of founders packs. Never before have I played a game where the designers intentionally ruined the value of the game's currency on day 1, but that is exactly what founders packs did. Normally one of the best parts of playing a new MMORPG is how affordable everything is on the auction house because everyone started with no money and so nothing is inflated. This game purposely aged their economy on the first day and we have had very high prices ever since. This latest money dupe is bad, but not nearly as meaningful as if it had happened on new economy rather than one that was already ruined by intentional inflation like the one we already had.
  • elessymelessym Member, Neverwinter Beta Users, Neverwinter Hero Users, Neverwinter Guardian Users Posts: 0 Arc User
    edited May 2013
    Thats why I am saying it is not just from a day or 2 ago, it is from the start...

    Even if this were true, looking at the ADE prices shows that it wasn't enough activity to cause visible economic dislocation until a day ago.
    "Participation in PVP-related activities is so low on an hourly, daily, weekly, and monthly basis that we could in fact just completely take it out of STO and it would not impact the overall number of people [who] log in to the game and play in any significant way." -Gozer, Cryptic PvP Dev
  • revenantbobrevenantbob Member Posts: 0 Arc User
    edited May 2013
    trickshaw wrote: »
    This isn't the real world. This is a virtual world where everything is tracked, categorized and recorded. They can tell you what was being talked about in your guild chat 2 weeks ago. What makes you think that can't track where large sums of virtual currency THAT THEY GENERATE goes to?

    Nothing like being reported for using a certain word in local and getting an email about it 2 weeks later XD Yeah, they do log every chat, and every transaction. They just need to correlate, and they might already have paper trail systems too, how do you think gold sellers get caught and banned?
    houserin_signature.png
  • clcmercyclcmercy Banned Users, Neverwinter Beta Users Posts: 308 Bounty Hunter
    edited May 2013
    All I've ever done is play the game and sell my lockboxes for 100 AD on the market. Think I've had perhaps a dozen drop so far since opening day.

    To me, there IS no economy. I use gold to buy pots and my daily prays to buy ID scrolls. Whatever "damage" has been done certainly doesn't affect me in any way, shape or form.

    I am effectively out of the exploiter's range. They cannot touch my game play, and I certainly want no part in theirs.

    OP's post is fallacious and made with panic logic.

    Occam's Razor makes the cutting clean.
  • revenantbobrevenantbob Member Posts: 0 Arc User
    edited May 2013
    erethizon1 wrote: »
    While I agree that hundreds of players having millions of AD is bad for the economy (especially since people that get money without earning it rarely value it enough to spend it wisely) that particular economy-ruining problem has been a part of the game from day 1 in the form of founders packs. Never before have I played a game where the designers intentionally ruined the value of the game's currency on day 1, but that is exactly what founders packs did. Normally one of the best parts of playing a new MMORPG is how affordable everything is on the auction house because everyone started with no money and so nothing is inflated. This game purposely aged their economy on the first day and we have had very high prices ever since. This latest money dupe is bad, but not nearly as meaningful as if it had happened on new economy rather than one that was already ruined by intentional inflation like the one we already had.

    I'm not a fan of how AD works in NWO, and I agree with this post. I put up stuff on AH and was like "There is no way this is going to sell" on day 1, and it did because some people had millions already from being a founder.

    It's funny games like League of Legends have a free 2 play model that works better :)
    houserin_signature.png
  • tallulahkattallulahkat Member, Neverwinter Beta Users, Neverwinter Guardian Users Posts: 112 Bounty Hunter
    edited May 2013
    clcmercy wrote: »

    OP's post is fallacious and made with panic logic.


    panic logic..... lol how many games have you played from an opening that have auction houses or some sort of market? It is a known fact about how game economies work.. as the game goes on people make more in game currency and prices rise...

    I simply stated that if the game pretty much starts with a certain amount of people having a very very very large sum (weather it be exploits or whatever) the economy is ruined, as those are the people that run the economy and now everything is so prced out of wack etc..
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