Suggestion to possibly fix the gold economy

Morganna - Lost City
Morganna - Lost City Posts: 250 Arc User
edited October 2009 in Suggestion Box
This post is assuming that anni packs are gone. As long as they're there, nothing will get done.

So here's my suggestion. Since you need a hammer for the coin boxes, that sets the price, right? I think there should be two different hammers in the Cash Shop. One for the 5x supply stash and one for 8x supply stash and the boxes. The 5x one should be priced low, so lowbies can afford it in-game; the 8x and box one should be higher in price, because at 8x, if you can't make money, you're probably doing something wrong.

I would think the 5x box could be like 1-2 gold and the 8x be 9-10 gold. This would make the coins gold is worth less because the boxes more-or-less determine the gold rate. If the hammers are higher in price, the gold price will slowly go down. This not only helps the lowbies who just don't have the money but it would also help with the economy. It's not perfect though. Whaddo you think?
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Post edited by Morganna - Lost City on

Comments

  • Aadi - Lost City
    Aadi - Lost City Posts: 4,449 Arc User
    edited October 2009
    I've heard a lot about how the million coin chests with the hammer determine the economy..or I did before the packs, back when everyone said "PWI WILL DIE IF GOLD PRICES GO ABOVE 300K OMGOMGOMG".

    If the gold price on those hammers in particular is raised, than the million coins you could get from the box is divided by the 10 gold instead of 5, therefore each gold is worth less, right?

    Although since we were already above 100k before the chests, I doubt we'd go down THAT low, but it would go a long way to helping b:bye
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  • LloydAsplund - Sanctuary
    LloydAsplund - Sanctuary Posts: 3,899 Arc User
    edited October 2009
    No one would buy the 8x hammer for 8-9 gold. Gold will best drop to 300k (imo) after they remove anni packs. Thats still 8x300k = 2.4m per hammer.

    The xmas blessing costs 500k and 30(?) mirages costs 30 x 21k = 630k. Totaling to 1.13m for the low cost of 2.4m....

    Bear in mind, the need of a coin sink. The amount of "1m chests" being opened (I know tons of people with over 100+ chests sitting in bank), will further ruin the coin/gold balance.
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  • Morganna - Lost City
    Morganna - Lost City Posts: 250 Arc User
    edited October 2009
    LloydAsplund - Sanctuary wrote: »
    No one would buy the 8x hammer for 8-9 gold. Gold will best drop to 300k (imo) after they remove anni packs. Thats still 8x300k = 2.4m per hammer.

    The xmas blessing costs 500k and 30(?) mirages costs 30 x 21k = 630k. Totaling to 1.13m for the low cost of 2.4m....

    Bear in mind, the need of a coin sink. The amount of "1m chests" being opened (I know tons of people with over 100+ chests sitting in bank), will further ruin the coin/gold balance.

    The idea was that the 8x hammer would also work for the chests. That way, the gold prices (I've read in several places that it's determined by the chests) will go down to... Just over 150k if done right. If it's only brought up to 7 gold, gold prices would be higher. The main idea is the extra more affordable hammer and the idea of bringing up the price of the hammer that opens the chest.
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  • IceJazmin - Heavens Tear
    IceJazmin - Heavens Tear Posts: 4,206 Arc User
    edited October 2009
    Morganna - Lost City wrote: »
    The idea was that the 8x hammer would also work for the chests. That way, the gold prices (I've read in several places that it's determined by the chests) will go down to... Just over 150k if done right. If it's only brought up to 7 gold, gold prices would be higher. The main idea is the extra more affordable hammer and the idea of bringing up the price of the hammer that opens the chest.

    So what you are saying is:

    All the people that support this game financialy, please bend over and take it you know where, while the people that play this game for free can make even more money now by being able to spend less coin to buy more gold?

    The price of gold is, for the most part, at a balanced and fair state, since coin sellers and gold sellers will not willingly loose money. That fair price, is dictated, in part, by whatever sale is going on. If you have just regular sales, or just fashions/mounts, than the effect on gold prices is virtualy nill.
    If you have a AnyPack sale, where, if you run the numbers, the average profit for openining the packs is just around 500k, than gold goes up to 500k.

    What you are suggesting would be a slap in the face of the players that financialy support this game, and the only people that would benefit would be the ones that play without spending RL money.

    You are just shifting what people call "gold seller greed" for "coin seller greed", since coin sellers would be able to get more gold for the same amount of coins, for no special reason what so ever.
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  • MagicHamsta - Lost City
    MagicHamsta - Lost City Posts: 10,466 Arc User
    edited October 2009
    me has to agree with IceJazmin.
    sowwy but your plan even with good intentions won't work.
    =(
    Humans be just too greedy. They want stuff that they did little to no work for.
    Besides why don't they look at the other side of the coin? That real life money came from somewhere.... o wait that somewhere happens to be called A JOB? And whoaaa it takes hours and hours to get money??? oh mah gawd. (O.o)' b:surrender

    Also gold prices are not solely decided by the chests. There be many factors in play. (>.<)' yar this might help a bit since that would mean less coins flowing into PW but won't be enough. (o.O)'
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  • ghostk11
    ghostk11 Posts: 12 Arc User
    edited October 2009
    IceJazmin - Heavens Tear wrote: »
    If you have a AnyPack sale, where, if you run the numbers, the average profit for openining the packs is just around 500k, than gold goes up to 500k.

    15 tokens x 18K ea = 500K now days wow... I must of really failed in school...


    phail...

    Gold goes up because lil timmy sees that x person is selling theres for 300K in AH so they wanna be wise asses and sell it for 325K so then judy sees that and shes like well if their buying at 325 then i can sell @ 350... Oh wait sell going on now, lets bump it up more up to 400-500 now...

    To be honest, one person can literally effect the servers economy... Hell I did it today.. Everyone in arch was buying tokens at 16.5K in their catshops... So I posted up 17K... So since I posted up 17K people around me had to raise theirs to beat me.. Which in turn made the sellers up theirs....
  • Ikurei - Dreamweaver
    Ikurei - Dreamweaver Posts: 1,006 Arc User
    edited October 2009
    ghostk11 wrote: »
    15 tokens x 18K ea = 500K now days wow... I must of really failed in school...

    It's not really the price of tokens that costs 500k. Yeah, most boxes will only vomit an almost endless supply of tokens but there are also items that are worth millions of coins. Not sure if it averages out to 500k but there are enough people willing to spend 500k for a chance at getting those items that gold sellers can (and are) selling for that much.

    As far as the idea to reduce gold prices go, it won't work. The cost of a hammer is already higher than the amount of coins that come out of the chest. Why would someone sell hammers for less than 1 mil (200k per gold for the current hammers and 100k per gold for the suggested higher level hammers) when they can sell their gold for 500k each (2.5 mil for current hammers, 5 mil for higher level hammers)? They're not going to do it out of the goodness of their hearts.
    Meh, saw a couple other people doing this so...
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  • Zoe - Heavens Tear
    Zoe - Heavens Tear Posts: 3,814 Arc User
    edited October 2009
    I put $50 on this game, which makes me a paying player. I still want lower prices on ingame gold even though I could have gotten pretty rich selling it all.
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