Insane prices.

banibe wrote: »

so. how does one fix this problem. i understand if it is to be fixed, price dropping. it's not upto 1 person but everyone. why dont they just drop gold back to like 1.5mil each. seems alot better than 3.9-5.5mil per gold.

would YOU charge and sell gold for 1.5m each? when all the other items stay the same price? i doubt it and CSers know they can get away with 5m+ per gold so why not?​​

The buyers set the prices of what people sell. Something is always worth as much as someone else is willing to pay for it. If someone else is willing to pay more than you for an item then that's just too bad. It is the way it is. You people can call them greedy, selfish, or any other name you like because they are willing to pay more for something than you are but they do it to get what they want. That's just the way it is. Get over it.

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joecisco said:

Ahh... everything is high priced, and it's all priced based on Gold inflation.

For those of us who don't CS, and don't have the free time to farm our balls off, the game is mostly a loss now.
Thank you to the greedy terds who forced the prices up.

PWE doesn't control gold prices, greedy CS'ers do.

Don't you think, that there are some "greedy" "those of us who don't CS" ?
That they are able to buy gold for any price in any time and that they control gold market ?
Didn't you saw screenshots of Inventory for rich players ?
Didn't you saw posts of rich players ?

Barbarian - Dreamweaver said:

Good news! I'm one step closer!

I acquired 10,200 ish 1 star orbs!

So far my assets include:

10k 1 star orbs.
33k tokens.
411 gold.

Above quote is from thread "I'm on a mission to gain 10 billion" :
http://forum.arcgames.com/pwi/discussion/673167/im-on-a-mission-to-gain-10-billion/p1

In economics, a shortage or excess demand is when the demand for a product or service exceeds its supply in a market

Economics Basics: Supply and Demand
By http://www.investopedia.com/university/economics/economics6.asp

Supply and demand is perhaps one of the most fundamental concepts of economics and it is the backbone of a market economy. Demand refers to how much (quantity) of a product or service is desired by buyers. The quantity demanded is the amount of a product people are willing to buy at a certain price; the relationship between price and quantity demanded is known as the demand relationship. Supply represents how much the market can offer. The quantity supplied refers to the amount of a certain good producers are willing to supply when receiving a certain price. The correlation between price and how much of a good or service is supplied to the market is known as the supply relationship. Price, therefore, is a reflection of supply and demand.

The relationship between demand and supply underlie the forces behind the allocation of resources. In market economy theories, demand and supply theory will allocate resources in the most efficient way possible. How? Let us take a closer look at the law of demand and the law of supply.

A. The Law of Demand
The law of demand states that, if all other factors remain equal, the higher the price of a good, the less people will demand that good. In other words, the higher the price, the lower the quantity demanded. The amount of a good that buyers purchase at a higher price is less because as the price of a good goes up, so does the opportunity cost of buying that good. As a result, people will naturally avoid buying a product that will force them to forgo the consumption of something else they value more.

A, B and C are points on the demand curve. Each point on the curve reflects a direct correlation between quantity demanded (Q) and price (P). So, at point A, the quantity demanded will be Q1 and the price will be P1, and so on. The demand relationship curve illustrates the negative relationship between price and quantity demanded. The higher the price of a good the lower the quantity demanded (A), and the lower the price, the more the good will be in demand (C).

B. The Law of Supply
Like the law of demand, the law of supply demonstrates the quantities that will be sold at a certain price. But unlike the law of demand, the supply relationship shows an upward slope. This means that the higher the price, the higher the quantity supplied. Producers supply more at a higher price because selling a higher quantity at a higher price increases revenue.

A, B and C are points on the supply curve. Each point on the curve reflects a direct correlation between quantity supplied (Q) and price (P). At point B, the quantity supplied will be Q2 and the price will be P2, and so on. (To learn how economic factors are used in currency trading, read Forex Walkthrough: Economics.)

Time and Supply
Unlike the demand relationship, however, the supply relationship is a factor of time. Time is important to supply because suppliers must, but cannot always, react quickly to a change in demand or price. So it is important to try and determine whether a price change that is caused by demand will be temporary or permanent.

Let's say there's a sudden increase in the demand and price for umbrellas in an unexpected rainy season; suppliers may simply accommodate demand by using their production equipment more intensively. If, however, there is a climate change, and the population will need umbrellas year-round, the change in demand and price will be expected to be long term; suppliers will have to change their equipment and production facilities in order to meet the long-term levels of demand.

C. Supply and Demand Relationship
Now that we know the laws of supply and demand, let's turn to an example to show how supply and demand affect price.

Imagine that a special edition CD of your favorite band is released for $20. Because the record company's previous analysis showed that consumers will not demand CDs at a price higher than $20, only ten CDs were released because the opportunity cost is too high for suppliers to produce more. If, however, the ten CDs are demanded by 20 people, the price will subsequently rise because, according to the demand relationship, as demand increases, so does the price. Consequently, the rise in price should prompt more CDs to be supplied as the supply relationship shows that the higher the price, the higher the quantity supplied.

If, however, there are 30 CDs produced and demand is still at 20, the price will not be pushed up because the supply more than accommodates demand. In fact after the 20 consumers have been satisfied with their CD purchases, the price of the leftover CDs may drop as CD producers attempt to sell the remaining ten CDs. The lower price will then make the CD more available to people who had previously decided that the opportunity cost of buying the CD at $20 was too high.

D. Equilibrium
When supply and demand are equal (i.e. when the supply function and demand function intersect) the economy is said to be at equilibrium. At this point, the allocation of goods is at its most efficient because the amount of goods being supplied is exactly the same as the amount of goods being demanded. Thus, everyone (individuals, firms, or countries) is satisfied with the current economic condition. At the given price, suppliers are selling all the goods that they have produced and consumers are getting all the goods that they are demanding.

Equilibrium occurs at the intersection of the demand and supply curve, which indicates no allocative inefficiency. At this point, the price of the goods will be P* and the quantity will be Q*. These figures are referred to as equilibrium price and quantity.

In the real market place equilibrium can only ever be reached in theory, so the prices of goods and services are constantly changing in relation to fluctuations in demand and supply.

E. Disequilibrium
Disequilibrium occurs whenever the price or quantity is not equal to P* or Q*.

1. Excess Supply
If the price is set too high, excess supply will be created within the economy and there will be allocative inefficiency.

At price P1 the quantity of goods that the producers wish to supply is indicated by Q2. At P1, however, the quantity that the consumers want to consume is at Q1, a quantity much less than Q2. Because Q2 is greater than Q1, too much is being produced and too little is being consumed. The suppliers are trying to produce more goods, which they hope to sell to increase profits, but those consuming the goods will find the product less attractive and purchase less because the price is too high.

2. Excess Demand
Excess demand is created when price is set below the equilibrium price. Because the price is so low, too many consumers want the good while producers are not making enough of it.

In this situation, at price P1, the quantity of goods demanded by consumers at this price is Q2. Conversely, the quantity of goods that producers are willing to produce at this price is Q1. Thus, there are too few goods being produced to satisfy the wants (demand) of the consumers. However, as consumers have to compete with one other to buy the good at this price, the demand will push the price up, making suppliers want to supply more and bringing the price closer to its equilibrium.

F. Shifts vs. Movement
For economics, the "movements" and "shifts" in relation to the supply and demand curves represent very different market phenomena:

1. Movements
A movement refers to a change along a curve. On the demand curve, a movement denotes a change in both price and quantity demanded from one point to another on the curve. The movement implies that the demand relationship remains consistent. Therefore, a movement along the demand curve will occur when the price of the good changes and the quantity demanded changes in accordance to the original demand relationship. In other words, a movement occurs when a change in the quantity demanded is caused only by a change in price, and vice versa.

Like a movement along the demand curve, a movement along the supply curve means that the supply relationship remains consistent. Therefore, a movement along the supply curve will occur when the price of the good changes and the quantity supplied changes in accordance to the original supply relationship. In other words, a movement occurs when a change in quantity supplied is caused only by a change in price, and vice versa.

2. Shifts
A shift in a demand or supply curve occurs when a good's quantity demanded or supplied changes even though price remains the same. For instance, if the price for a bottle of beer was $2 and the quantity of beer demanded increased from Q1 to Q2, then there would be a shift in the demand for beer. Shifts in the demand curve imply that the original demand relationship has changed, meaning that quantity demand is affected by a factor other than price. A shift in the demand relationship would occur if, for instance, beer suddenly became the only type of alcohol available for consumption.

Conversely, if the price for a bottle of beer was $2 and the quantity supplied decreased from Q1 to Q2, then there would be a shift in the supply of beer. Like a shift in the demand curve, a shift in the supply curve implies that the original supply curve has changed, meaning that the quantity supplied is effected by a factor other than price. A shift in the supply curve would occur if, for instance, a natural disaster caused a mass shortage of hops; beer manufacturers would be forced to supply less beer for the same price.

magicsabre said:

jadasia said:

I laugh every time I see someone calling CSers greedy. I mean as I stated the CSers are willing to sell what they have for whatever someone else is willing to pay for it otherwise they don't sell anything or they really short change themselves. If anyone should be called "greedy" it's the non-CSers who pay those high prices.

Anyway if you are going to call people who really want something and are willing to put out more than the other guy to get it "greedy" then I'm going to call you a cheap self-entitled whiner. How's that? It's completely far that someone who is willing to give more gets what s/he wants from others. Get over yourself already.

As visualization ... can be named as "Invitation to Perfect World":

And yet you participate in it. Hypocrite much?

If getting the r9 isn't bad enough, then refining it to a decent level will make you insane. PWI has not been smart enough to realize that people are leaving the game due to the gold prices being ridiculous. If they had any sense at all they would put gold as a boutique item that you could buy with coins in an effort to cap the prices. I could still understand about 3m per gold but atleast maybe everyone might not be heading to the gates.

darkonome said:

Gold price is only insane if you are still 'farming'. No matter what the gold price is merchants will still make easy money, CSers will still sell gold.

If you can't beat 'em then join 'em. Be a merchant

I'm still trying to figure out what costs so much coin that everyone is complaining about. OK GSTs are still a bit over priced, but DoDs, DoTs now 85 to 100 mill compared to 170 to 180 mill before. Pan Gu tome, 250 mill maybe, whereas it used to be 500+ mill. Sure LUaD and Matchless Wings are high priced but they probably always will be. Fashion sets that were 100 mill some now 10 mill if they can get it. 100+ mill mounts, well under 50 mill.

I think the people whining are the ones that want to try their luck gambling on packs, and well, if you want to try that...lol good luck. Its not called gambling for nothing. Those that are however opening a lot of packs are flooding the market with items like those I mentioned above, so prices have dropped.

banibe said:

right before merge. tokens of luck was like 25-30k each on archo server. hp charms rocket at like 15-18m that's plat... and the list goes on.. even now.

Uh no they werent. We had these cheap packs, specially traveling couples, which crashed those markets during summer. Pre pack craze, yea, think all servers had pretty high prices on those things.

There have been couple of packs, which have been extremely good to open but cost so little on boutique. I managed to lose some coin on Traveling couples iirc. I basically broke even on Hidden orchids this sale, might of made couple hundred million but considering I opened 4,5k of those things, its really peanuts either way. Granted in large part because of the free DoDs for opening 500 as a result I could jade a piece of my gear if I wanted. Think I end up just selling and not draining third or my merching funds.

I am fairly unlucky with packs and I dont open packs unless estimated value is on my favor. I have opened some packs outside of good estimated value and burned my fingers each time. I open a lot of packs but by no standards do I open most of them on my server. I would estimate I have opened 10k packs this year, havent pulled a single item bigger than DoD. I am bit negative for trying my luck with anni packs, mistake I wont repeat but been getting desperate for SoT. But as long as you dont gamble on **** packs you will least break even most times if you are smart bout it. But the more flooded market is, the smarter you have to be bout opening packs.

What I am trying to say, the real culprit behind gold prices capping isnt players. Its PWEs sales team. I would much prefer gold at 3-4m, but I will buy my gold off WC bypassing AH if I deem it worth it.

rednicklaus said:

The whole idea of more coins=higher gold price is complete nonsense. It's nothing more than an excuse made to justisfy someone price gouging on gold, or items normally purchased with gold. I will agree those that buy the gold or items at these artificially inflated prices are just as guilty as those who are inflating them to begin with. If everyone could get on the same page and just refuse to allow this to happen, it wouldn't happen.

The idiotic nonsense ppl come up with.

banibe said:

saxroll said:

banibe said:

right before merge. tokens of luck was like 25-30k each on archo server. hp charms rocket at like 15-18m that's plat... and the list goes on.. even now.

Uh no they werent. We had these cheap packs, specially traveling couples, which crashed those markets during summer. Pre pack craze, yea, think all servers had pretty high prices on those things.

There have been couple of packs, which have been extremely good to open but cost so little on boutique. I managed to lose some coin on Traveling couples iirc. I basically broke even on Hidden orchids this sale, might of made couple hundred million but considering I opened 4,5k of those things, its really peanuts either way. Granted in large part because of the free DoDs for opening 500 as a result I could jade a piece of my gear if I wanted. Think I end up just selling and not draining third or my merching funds.

I am fairly unlucky with packs and I dont open packs unless estimated value is on my favor. I have opened some packs outside of good estimated value and burned my fingers each time. I open a lot of packs but by no standards do I open most of them on my server. I would estimate I have opened 10k packs this year, havent pulled a single item bigger than DoD. I am bit negative for trying my luck with anni packs, mistake I wont repeat but been getting desperate for SoT. But as long as you dont gamble on **** packs you will least break even most times if you are smart bout it. But the more flooded market is, the smarter you have to be bout opening packs.

What I am trying to say, the real culprit behind gold prices capping isnt players. Its PWEs sales team. I would much prefer gold at 3-4m, but I will buy my gold off WC bypassing AH if I deem it worth it.

ehhhhhh certainly you werent playing on archo server before merge... tokens were CRAZY HIGH in prices... and if anyone from archo denies that it's either one of 2 things... 1 they're bloody rich and can spend in game like crazy or 2 they just never bought tokens till now..

Considering I spent the week before merge selling my stacks of tokens for 12k->10,5k to minimize my losses as HT tokens were marginally cheaper, I suspect I know what I am talking bout. Tokens were hellishly high on spring but crashed during summer on Archo just like on every server. The reasons for this was the crazy pack sales we were having.

banibe said:

Why is prices on this game so insane?. Rank 9 use to be worth like 500$ USD. now it's close to 1.3k USD. gst use to be worth 2.5mil, now it's 28-35mil. i can totally understand the prices for gold being different from what it use to be. but from 2.5mil to 30mil? that's just rubbish. this game is a damn good game, just sad to see it being ruined by greed.. one point of merging the servers was because the game was dying. at least this is what i understand. it was dying, not because people got bored of the game but for the simple fact that the prices are to much. but merge made it worst than before. and at the rate it's all going seems at the end PWI will just have to merge all servers into one. understanding by then the price for a gst will be worth like 100mil each

prices in the past tells it all

. PK/PVP is fun, there's no dying that. but the only how you can have fun in like NW/TW/Mass Pk nowadays is if you're rrr9+12 with at least josd. not to mention full s card deck and also nw neck/ring. lets be honest. that's all worth close to 3k USD. not everyone have that kinda money to spend on a game. now dont get confuse im not writing this post because i cant afford these stuff. just for the simple fact that the game was better cheaper and as a F2P. but what do you guys think????

and for the smartass's who's gonna say "then dont play the game" keep it to yourself and try understand why i wrote this.

I don't really think that the prices that pwi charge now for some of their main items are more expensive, in fact some items like r9 are about the same price or even cheaper than years ago. Also just as other people stated before, a lot of those pack items are super cheap now due to the overflow of the said items.

The main problem is that this is an old game with many old end game players, a lot of those players are really rich in game.
(whatever by legal means like: farmers, merchants, etc. Or by illegal ones like: illegal boting for years, abuse of codes, account stealing, etc)
Also a lot of people that keep abusing things.
So those people are able to get whatever they want at whatever price they want, if you add to that a bit of speculation from some really greedy people and pwi doing constant sales of items with high demand (like those horchid packs) you get some sort of inflation on gold.

jadasia said:

oh well. either earn more coin or pay gold. You whine a lot about how expensive everything is but you fail to mention a word about how much easier it is to earn coin even after nerfing DQ items and the rest compared to years ago.

Indeed is easy to earn money, but generate money from nothing like before No. Also an honest player dont have too much of a chance against an abuser when generating coin from nothing.

The only things that keep generating money from nothing are lvl 100 BH, Jolly and some other events that gives those $$$ cards randomly like tigers, cube, etc. Also there is the coins that mobs drop but I dont think that people autoculti for that anymore since the profit is not really good unless you one shot them and if that the case is way more profitable to farm tt, warsong, fsp etc.

Taking jolly or BH100 as examples, there is a lot of people that abuse that, and when i say abuse im not talking about the guy who have 2 or 3 extra accounts. Im more talking about those who have dozens, some of those probably even use scripts and illegal bots programs to log them/control them.

Yeah there are not thousands of those illegal players, but if lets say there is just 20 or 30 per server and each one of those have 50+ accounts, well there is a lot of coin still entering the server from nothing, those people also will dont give a damn about the prices since they probably don't even play those account if you know what I mean.

Just to give a very easy example of what im talking about lets take 2 fictional players

Player1
This will be the average guy who is a normal and honest player with 2 accounts.
Lets say he have 2 lvl 100 on his main account and another on his alt account. he also have some jolly toons on his 2 accounts.
This guy is not really a hardcore player but he know how to play and some of his toons are at least geared. He does BH100 almost every day and also jolly on at least the lvl 80 toon per account. He also does all his daily quests on his main and some warsong farming. All this take a lot of his in game time.

Big problem with Player1 is that he is not too smart at selling stuff, still he get some extra coin sometimes when he craft that armor after a lot of warsong farming or those mats that he gets from farming TT some days.

Now lets go with Player2
This person is kind of similar to the other guy but he have more lvl 100 per account, lets say that he is a more old player with 2 accounts with 4 lvl 100 per account, this guy already have 1 or 2 end game toons so he is capable to solo anything.
However Player2 have a big and nasty secret. Somehow Player2 got some extra accounts just a few , lets say 60. this guy have on every single one of those accounts 1 lvl 100 and 1 lvl 80.
He don't really play those alt toons, his account are played by something else....

So Player2 start some illegal program and his alts are doing a lot of JoLs all day...
and for bh he dont even need anyone, remember he is end game so he just make a squad full of Player2s
So if the guy really feel like doing those bh to get some extra coin he just need to facerroll a boss like 10 times.

so while Player1 gets an average of 2 to 10 mill per day (maybe a bit more if he gets lucky with bh and some drops) by actually playing the game..
Player2 will get 20 - 30 mill per day by doing nothing and that if he gets really bad luck.

Also this dude have a Huge advantage when pwi gives those free codes with tradeable things like charms or those hammers, inv stones, etc....

Now you people should know why the same day pwi gave those packs there was people selling hundreds of stones or buying hundreds of delta chest

And before people ask or troll about why i did not put a merchant guy as a third case in that fictional situation: merchanting is not generating coin, a merchant just move coins...

Just summarize all that wall of text: the problem of this game is that some people have really too much coins and also some other people is still able to generate too much from nothing. Sadly thats not so easy to fix anymore.