Why is gold at 600k ?

Kalza - Sanctuary
Kalza - Sanctuary Posts: 239 Arc User
edited October 2009 in General Discussion
wtf, I come back and gold is at 600k o.O
Post edited by Kalza - Sanctuary on
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  • IceJazmin - Heavens Tear
    IceJazmin - Heavens Tear Posts: 4,206 Arc User
    edited October 2009
    Kalza - Sanctuary wrote: »
    wtf, I come back and gold is at 600k o.O

    Because someone is willing to buy it at that price, DUH.

    PS - Don't forget that AnyPacks are still selling.. until Nov which means gold will go much higher between now and them, as people try to horde AnyPacks before they are taken out, so they can sell them at 1mil+ once they are no longer in CS.
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  • Kylley - Sanctuary
    Kylley - Sanctuary Posts: 176 Arc User
    edited October 2009
    Kalza - Sanctuary wrote: »
    wtf, I come back and gold is at 600k o.O

    Please tell me youre kidding =o.o'=
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  • Kalza - Sanctuary
    Kalza - Sanctuary Posts: 239 Arc User
    edited October 2009
    IceJazmin - Heavens Tear wrote: »
    Because someone is willing to buy it at that price, DUH.

    What happened to 90k gold D:
  • WaffleChan - Sanctuary
    WaffleChan - Sanctuary Posts: 2,897 Arc User
    edited October 2009
    Bad timing of outfit release when JJ was trying to be a coin drain :P.
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  • IceJazmin - Heavens Tear
    IceJazmin - Heavens Tear Posts: 4,206 Arc User
    edited October 2009
    Kalza - Sanctuary wrote: »
    What happened to 90k gold D:

    It went the way of the Dodo Bird.
    Too often we loose sight of life's simple pleasures. Remember, when someone annoys you, it takes 42 muscles in your face to frown, BUT, it only takes 4 muscles to extend your arm and slap that mother#$@%#^! upside the head.
  • LilWolfy - Heavens Tear
    LilWolfy - Heavens Tear Posts: 227 Arc User
    edited October 2009
    Kalza - Sanctuary wrote: »
    wtf, I come back and gold is at 600k o.O

    people r dumb enough to buy it at 600k so ppl sell it at 600k ...thats what happened ...personally i havnt bought gold since it went over 120k ..and havnt bought a charm since they went over 450k ...which i should piont out r being sold for 1.8mil now
  • MagicHamsta - Lost City
    MagicHamsta - Lost City Posts: 10,466 Arc User
    edited October 2009
    IceJazmin - Heavens Tear wrote: »
    It went the way of the Dodo Bird.

    nope not the way of the Dodo Bird. It went the way of the the elusive Dodo Bear. b:shocked
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  • Ty - Heavens Tear
    Ty - Heavens Tear Posts: 604 Arc User
    edited October 2009
    That's amazing it's so high on Sanctuary. I know it's been a lot higher than HT since the duke rose bug. What I've noticed on HT is someone selling huge amounts of gold, enough to almost clear out the entire buy page down to 430k at times. I can only assume its a gold seller buying halloween packs, or perhaps tokens. It was at 480k buy 500k sell last I saw.
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  • Deceptistar - Sanctuary
    Deceptistar - Sanctuary Posts: 10,454 Arc User
    edited October 2009
    Kalza - Sanctuary wrote: »
    wtf, I come back and gold is at 600k o.O
    Common sense. Anni packs ending soon. pple are getting desperate.
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  • Arkright - Dreamweaver
    Arkright - Dreamweaver Posts: 52 Arc User
    edited October 2009
    Demand > Supply. It's basic economic theory. This, of course, fails to add the human factor, which raises the prices even farther upward. Inflation is partially to blame as well. That's why JJ was made to be a coin sink. Macroeconomics ftw.
  • LilWolfy - Heavens Tear
    LilWolfy - Heavens Tear Posts: 227 Arc User
    edited October 2009
    Deceptistar - Sanctuary wrote: »
    Common sense. Anni packs ending soon. pple are getting desperate.

    gold for HT was 500k for the longest time, idk about other servers i assume they're close. i think 500k is prettie desperate to start with for an item that should be wroth 100k
  • LilWolfy - Heavens Tear
    LilWolfy - Heavens Tear Posts: 227 Arc User
    edited October 2009
    Arkright - Dreamweaver wrote: »
    Demand < Supply. It's basic economic theory. This, of course, fails to add the human factor, which raises the prices even farther upward. Inflation is partially to blame as well. That's why JJ was made to be a coin sink. Macroeconomics ftw.

    demand < supply means the supply is greater then the demand which would mean they would be cheap ..i think u mean demand > supply
  • Arkright - Dreamweaver
    Arkright - Dreamweaver Posts: 52 Arc User
    edited October 2009
    LilWolfy - Heavens Tear wrote: »
    demand < supply means the supply is greater then the demand which would mean they would be cheap ..i think u mean demand > supply

    Thanks for catching that. >\\\\<
  • Deceptistar - Sanctuary
    Deceptistar - Sanctuary Posts: 10,454 Arc User
    edited October 2009
    LilWolfy - Heavens Tear wrote: »
    gold for HT was 500k for the longest time, idk about other servers i assume they're close. i think 500k is prettie desperate to start with for an item that should be wroth 100k
    last anni pack end it was about 700k so assuming its near there the last day or so.
    [SIGPIC][/SIGPIC]lagunal8.deviantart.com
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  • Twil - Lost City
    Twil - Lost City Posts: 109 Arc User
    edited October 2009
    Kalza - Sanctuary wrote: »
    What happened to 90k gold D:

    How long have you been GONE? oO I haven't seen 90k gold since almost a year ago.
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  • Zoe - Heavens Tear
    Zoe - Heavens Tear Posts: 3,814 Arc User
    edited October 2009
    Player greed, end of topic.
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  • SilverCleric - Lost City
    SilverCleric - Lost City Posts: 1,969 Arc User
    edited October 2009
    Kalza - Sanctuary wrote: »
    wtf, I come back and gold is at 600k o.O

    Its not only in your server its in mines to and, its because of the anni packs.I just want to know when they are going to leave because there where on sale for about 2 months and the jolly old Jones event is not help to decrease the prices of gold.

    (P.S. I never got gold because of the anni packs.) b:surrender
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  • LilWolfy - Heavens Tear
    LilWolfy - Heavens Tear Posts: 227 Arc User
    edited October 2009
    ...well ill probally stay a little bit after teh tideborn comes out but im prettie tried of this game and trying to keep up with the cash shoppers gear its jsut insane.
  • Xvermillionx - Dreamweaver
    Xvermillionx - Dreamweaver Posts: 25 Arc User
    edited October 2009
    agreed, damn greedy peopleb:angry
  • Nelanther - Lost City
    Nelanther - Lost City Posts: 83 Arc User
    edited October 2009
    It's not greed, it is inflation. Unless of couse you mean corporate greed, in which case I could not argue against that. The inflation being experienced is calulated and deliberate. Driven by greed? Perhaps.
  • Yamiino - Heavens Tear
    Yamiino - Heavens Tear Posts: 1,031 Arc User
    edited October 2009
    Expect the worse on these days since Anny packs will be gone O: i remember i sold my packs at 300k each or so when they were just added P:
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  • DeathBanana - Heavens Tear
    DeathBanana - Heavens Tear Posts: 2,674 Arc User
    edited October 2009
    Zoe - Heavens Tear wrote: »
    Player greed, end of topic.

    Facepalm, end of topic.
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  • Soul_Thunder - Sanctuary
    Soul_Thunder - Sanctuary Posts: 67 Arc User
    edited October 2009
    gut feeling says we'll continue to see gold at such high price, if not higher, all the way until maybe next year. reason being, the anni packs are about to be removed, so logic says there will be a lot of people buying the anni packs now to save up for later, hence, maintaining the gold price, even jack the price up. then, when packs are taken out, there will be, undoubtedly, people wanting the packs, so they'll need to sell gold to get coins. therefore, gold price stays high.

    that is, of course, ignoring the almost 100% possibility that pwe will release something in place of the packs, seeing it's very close to new year.

    let's keep an eye out for the insanely high gold prices, and by then, this will truly be a cash shoppers only zone.
  • Escorian - Dreamweaver
    Escorian - Dreamweaver Posts: 2,802 Arc User
    edited October 2009
    hehe Dreamweaver gold prices are going down currently they are under 450k and it keeps going lower. why? cause Dreamweaver players arent buying gold DW FTW b:victory
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  • AlbireoTwo - Lost City
    AlbireoTwo - Lost City Posts: 2,056 Arc User
    edited October 2009
    I've never seen gold under 500k. I started after the anniversary event started though.
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  • Untamedf - Lost City
    Untamedf - Lost City Posts: 304 Arc User
    edited October 2009
    Kalza - Sanctuary wrote: »
    wtf, I come back and gold is at 600k o.O

    QQ more b:shutup

    btw inb4lock
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  • AlbireoTwo - Lost City
    AlbireoTwo - Lost City Posts: 2,056 Arc User
    edited October 2009
    I actually like these pricings. It's great for marketing. But then again,I don't buy gold. I did buy it once though, for 500k for an ann pack. Waste of money.
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  • imsaler
    imsaler Posts: 1 Arc User
    edited October 2009
    Halloween pack is 1x Guardian Scroll or 100k => 30 silver (butique GS price) = 100k => 1 Gold = 333k

    Forgot Gold for 120k or less


    btw:
    Perf hammer = 5 Gold
    Chest of coins = 1000k reward

    U need 1665k to buy Perf. hammer and take reward 1000k

    Sry, GMs back to school....
  • /NiKi - Lost City
    /NiKi - Lost City Posts: 306 Arc User
    edited October 2009
    maybe dreamweaver server got less active people?
    i dont know but LC's gold is at 600-700k too,580k if u get lucky.
    alot of people dont buy gold on that price,but its not going down since theres factions with big salary + grinding,so they can afford stuff even with that price of gold.those factions got alot of members so gold sellers arent effected by those who refuse to pay gold on that price and keeping it high b:surrender
  • Unknown
    Unknown
    edited October 2009
    This content has been removed.

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