Remove the AH Gold Bidding Limit!!!

The auction house gold bidding limit of 3,999,900 really needs to be removed. This artificial meddling makes it impossible for players to get gold or participate in spend rewards. Instead the value of gold goes up beyond the limit and is then traded in world chat instead of the auction house, making gold trade very difficult for chargers and players alike over world chat. There needs to be 24 hour facilitation of gold trade through the auction house, not just trade during your limited hours online and hoping for the right buyers or sellers at your price point and point in time online.

1. Limiting gold in the auction house achieves nothing positive, gold is traded at higher value on world chat.
2. Limited trade due to AH lockup is starving players of gold due to throttled accessibility, driving prices higher
3. Only chargers can participate in spend reward promotions so may as well make them charge rewards
4. Pack supplies (gems tokens lucky coins etc) are drying up and markets are dieing because gold trade is so difficult
5. Players and Cashers alike are negatively affected

I noticed that the Neuma Portal promos maintained gold prices below the cap for about 8 months on the Etherblade server. I believe its because merchants could undersell their merchandise because the spend rewards covered their losses, which kept the money for the average players out of the gold bidding hall in AH because it was cheaper to buy off the street shops. As soon as the Neuma Portal promos at 1200g were discontinued the auction house became deadlocked at max bid with 4000-5000 pieces of gold.

The cap needs to be removed, if it is designed to keep prices within range of poorer players it is not working at all. Its just causing starvation and gold is being traded on world chat at even higher prices than its worth (5-7m) due to throttled low accessibility. So the cap is having the opposite affect making gems and gear even less accessible to new players and current players.'

This also leaves cashers with leftover gold that they can't sell because its not in multiples of certain quantities. It also means items like 12*s for 150g can only be injected into the game by cashers who spend 150+ and actually sell a 12* to someone on world chat because there is no longer such thing as accumulation of gold since gold can only be indirectly traded. There are higher costing items such as shifting sky pills (400g?) etc that will probably never be obtained by any free to play player.

I don't think artificially manipulating markets are ever good. Remove the limit please.
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Comments

  • sunnynight
    sunnynight Posts: 45 Arc User
    PS

    I will probably get the answer that this is PWCN hard coded and can't be changed. I've never seen anyone leave things so hard coded and unconfigurable, its pretty ridiculous from a software perspective, no one does this what kind of developers do they have. I actually think its intentional to maintain control over PWI. They need to understand that PWI's needs, markets, and players are different from PWCN and they need to start making things more configurable all around. The number of topics and issues that are closed with no action possible due to PWCN hard coding is absolutely ridiculous.
  • ailiadrake
    ailiadrake Posts: 282 Arc User
    I'm sorry, but let's say pwi raise the cap to 5 or 6m. Obviously people will rise the price, and I'm sure that within a week it'll have reached the new cap limit.

    And then what? Ask to raise the cap limit again?
    That'll get us to an insane pricing of gold.

    So no. No thank you. I'd rather stick with the shortage of gold in the auction house rather than see prices go up to the moon.
  • celtthunder
    celtthunder Posts: 53 Arc User
    I agree with just about all sunnynight says, with just a couple of exceptions. I think the gold cap at 3,999,900 is fair -- the problem is that gold trading in wc should be made illegal.

    sunny's right about the current situation being detrimental to all players. Here's the kicker -- it's also detrimental to pwi if they'd think about it. The easier it is to buy gold thru the AH, the more incentive for cash shoppers to buy it. As it stands, it's a huge hassle for everyone. The players who earn in game and buy gold from other players also support those other players, you see. When your cash shoppers slow down and/or stop charging gold then what are you left with?

    There has to be a fair incentive for cash shoppers to continue to charge, and a fair price for players to buy gold with in game coins. Otherwise, everything stalls out. I know I won't be buying gold in wc. A lot of players won't, or can't. Absent a fair system everything collapses.

    When you stop and think about it, pwi, both types of players are needed in the game. Make it too much of a hassle on both sides and eventually it will collapse. It's a game, it's supposed to be FUN. The current situation is NOT fun, it's discouraging.
  • baseaddress
    baseaddress Posts: 202 Arc User
    Nah, just remove time bid limit.
  • geochris
    geochris Posts: 108 Arc User
    The added benefit of gold being sold through the AH is it acts as a coin sink. Set the limit at 100mil per gold and let the game economy decide its price.
  • jamesburr36
    jamesburr36 Posts: 150 Arc User
    edited September 2017
    Yet another QQ AH gold cap thread. If you think you're going to get spend rewards with gold prices at 10 to 20 mil each. Then Watch PWI take a lot of coin and silver from that as a fee. Then you will see how many people complain that only rich people can buy the gold because poor people have no way to make coin in game. LOL!

    You must be one of those greedy gold dealers who want to make a fortune off selling gold at 10 to 20 mil each because the rest of what you say makes no sense. Besides if you want spend rewards then charge your own gold.
  • dregenfox
    dregenfox Posts: 713 Arc User
    edited September 2017
    ailiadrake wrote: »
    I'm sorry, but let's say pwi raise the cap to 5 or 6m. Obviously people will rise the price, and I'm sure that within a week it'll have reached the new cap limit.

    And then what? Ask to raise the cap limit again?
    That'll get us to an insane pricing of gold.

    So no. No thank you. I'd rather stick with the shortage of gold in the auction house rather than see prices go up to the moon.

    You'd rather essentially remove the ability for people to buy gold than see gold rise in price the way it should? What do you think this will actually accomplish?

    People are already selling cash shop items for way above the current gold prices, it only gets worse during key sales.

    I made a thread on this gold issue awhile ago, out of all the bullcrap PWI has done this gold issue will have the longest-lasting impact on the ability for endgame players to make progress in the game.

    Gold should simply be uncapped, or the cap should be put at something really high like 200m. The problem will only get worse because PWI refuses to stop putting in gold income sources.

    Removing the time limit can work but only if people are willing to accept month-long wait times to buy gold while still having to deal with WC.
  • eeepsilon
    eeepsilon Posts: 294 Arc User
    Mmmm long time I don't login to this game/forum, when I return first thread that catch my eye was this one.
    Just one thing to the OP. While his petition make some sense, one should be really careful when messing with the economy.
    Yeah, I know pwe had said this before while they mess with the economy, Still that does not change the fact that is very dangerous to start playing with some values.

    One of the things people should understand before even thinking on gold prices is what makes the Price of gold change.

    Also they should learn some concepts like deflation, inflation and hyperinflation. Many people tends to ignore that game economy is similar to real life economy, just more closed and in a smaller scale.

    Deflation: https://en.wikipedia.org/wiki/Deflation
    Inflation: https://en.wikipedia.org/wiki/Inflation
    Hyperinflation: https://en.wikipedia.org/wiki/Hyperinflation
    Difference between Inflation and Hyperinflation: https://simplicable.com/new/inflation-vs-hyperinflation

    I honestly will neither agree or disagree with the OP. However there is something that everyone reading this thread should understand, whatever it is your position about it:
    No matter what PWC or PWE do to the gold cap, economy will not fix itself as long as there is massive amounts of coins on the servers. And if we keep in mind that PWC has been killing pretty much all ways that your average player can get coins out of nothing. Then where are the coins coming from now? Or who does have all the coins now?

    Remember that PWI got a huge coinsink some time ago in the form of homestead?
    How much did it take for all the effort put in to that to get reverted to nothing and what did it cause it?

    If PWE was able or willing to understand that, they could fix this game economy, but sadly I don't see that happening...

  • ailiadrake
    ailiadrake Posts: 282 Arc User
    dregenfox wrote: »
    ailiadrake wrote: »
    I'm sorry, but let's say pwi raise the cap to 5 or 6m. Obviously people will rise the price, and I'm sure that within a week it'll have reached the new cap limit.

    And then what? Ask to raise the cap limit again?
    That'll get us to an insane pricing of gold.

    So no. No thank you. I'd rather stick with the shortage of gold in the auction house rather than see prices go up to the moon.

    You'd rather essentially remove the ability for people to buy gold than see gold rise in price the way it should? What do you think this will actually accomplish?

    People are already selling cash shop items for way above the current gold prices, it only gets worse during key sales.

    I made a thread on this gold issue awhile ago, out of all the bullcrap PWI has done this gold issue will have the longest-lasting impact on the ability for endgame players to make progress in the game.

    Gold should simply be uncapped, or the cap should be put at something really high like 200m. The problem will only get worse because PWI refuses to stop putting in gold income sources.

    Removing the time limit can work but only if people are willing to accept month-long wait times to buy gold while still having to deal with WC.

    Ok, alright, let's imagine going on with your idea of removing the gold cap, or at least putting it around 200m like you say.

    What do you think will happen? Please, do answer this after REALLY thinking about it.
    Because, obviously, right now you don't understand how people think.



    Wait, let me share with you what's the general thought process that runs through many of the minds involved in gold transaction in PWI.

    Person 1: "Gold cap gone from AH?"
    Person 2: "YAY! Let's put gold at 5m!"
    Person 3: "Oh, look! The gold at 5m is all gone! Let's put it at 6m!"
    Person 4: "AH! These people are such noobs! I'll put it at 7m, wait for the rest to be gone, and get the money I want a bit later than intended!"
    Person 5: "I put it at 10m, wait an indefinite amount of time and get the money. I got time to wait, after all, and people got the money to spend if they really want the gold that much."

    And so on, and so forth.
    How do you think we got to 4m in the first place anyway?
    (not to say that everyone is like that, but it's the majority of it)
  • clokey#3498
    clokey#3498 Posts: 73 Arc User
    solving problems, they need to reset the bids on AH every 12h or 24h, so everyone can buy and sell golds, this way they wont put a limit golds on AH again and everyone can keep buying and selling golds like old days
    Assassin: http://mypers.pw/8/#355157
    ||v£rtì¢ãlmØd£||
  • ailiadrake
    ailiadrake Posts: 282 Arc User
    clokey8 wrote: »
    solving problems, they need to reset the bids on AH every 12h or 24h, so everyone can buy and sell golds, this way they wont put a limit golds on AH again and everyone can keep buying and selling golds like old days

    Sadly, it won't work, because people WILL put gold back to 4m just after the reset happens. Or worse, not put it at all since there's a fee for every time you put up an auction.
  • dregenfox
    dregenfox Posts: 713 Arc User
    edited September 2017
    ailiadrake wrote: »
    dregenfox wrote: »
    ailiadrake wrote: »
    I'm sorry, but let's say pwi raise the cap to 5 or 6m. Obviously people will rise the price, and I'm sure that within a week it'll have reached the new cap limit.

    And then what? Ask to raise the cap limit again?
    That'll get us to an insane pricing of gold.

    So no. No thank you. I'd rather stick with the shortage of gold in the auction house rather than see prices go up to the moon.

    You'd rather essentially remove the ability for people to buy gold than see gold rise in price the way it should? What do you think this will actually accomplish?

    People are already selling cash shop items for way above the current gold prices, it only gets worse during key sales.

    I made a thread on this gold issue awhile ago, out of all the bullcrap PWI has done this gold issue will have the longest-lasting impact on the ability for endgame players to make progress in the game.

    Gold should simply be uncapped, or the cap should be put at something really high like 200m. The problem will only get worse because PWI refuses to stop putting in gold income sources.

    Removing the time limit can work but only if people are willing to accept month-long wait times to buy gold while still having to deal with WC.

    Ok, alright, let's imagine going on with your idea of removing the gold cap, or at least putting it around 200m like you say.

    What do you think will happen? Please, do answer this after REALLY thinking about it.
    Because, obviously, right now you don't understand how people think.



    Wait, let me share with you what's the general thought process that runs through many of the minds involved in gold transaction in PWI.

    Person 1: "Gold cap gone from AH?"
    Person 2: "YAY! Let's put gold at 5m!"
    Person 3: "Oh, look! The gold at 5m is all gone! Let's put it at 6m!"
    Person 4: "AH! These people are such noobs! I'll put it at 7m, wait for the rest to be gone, and get the money I want a bit later than intended!"
    Person 5: "I put it at 10m, wait an indefinite amount of time and get the money. I got time to wait, after all, and people got the money to spend if they really want the gold that much."

    And so on, and so forth.
    How do you think we got to 4m in the first place anyway?
    (not to say that everyone is like that, but it's the majority of it)

    It took literally 5+ years for gold to go from 1m to 4m, even with all the massive pack sales. Your argument makes no sense - people don't decide how much they can sell gold for arbitrarily and just succeed.

    Lets rephrase your example -

    Person 2: "YAY! Let's sell milk at $5!"
    Person 3: "Oh, look! The milk at $5 is all gone! Let's put it at $10!"
    Person 4: "AH! These people are such noobs! I'll put it at $15, wait for the rest to be gone, and get the money I want a bit later than intended!"
    Person 5: "I put it at $20, wait an indefinite amount of time and get the money. I got time to wait, after all, and people got the money to spend if they really want the gold that much."

    It doesn't work. There are more than enough people willing to sell gold at 6m, enough that if you put it at 10m you will be waiting 3-4 years at least to get that sale.

    The only thing capping gold does is artificially slowing down the economy and keeping it in a depression-like state.
  • scruncy
    scruncy Posts: 458 Arc User
    Raising the Gold cap in AH would be the dumbest thing ever for various reasons.

    The problem is not that there is no enough gold available, the problem is the absurd amount of coins some people possess and no use for that coins then just to buy gold.
    If they raise the gold cap I would just take my trillions of coins and buy all the gold available in AH and sell it on the next cap.
    And I am not the only one who would do that.
    As long coins have no use at all, nothing will change.
    Before something will change those coins need to be removed. And I am not talking about the coins from players who struggle to get a million per day.
    We need a coin sink for those coin horders ( suggestions have been made in another post a while ago).

    PWI is to dumb to actualy realize that a high gold price hurts their sales and the in game economy at the same time.
    I used to charge a few 50 / 100 /200 dollars years ago when I was in need of coins. I stopped that 4-5 years ago. Why?
    I got so much coins now I can buy anything I want even if its overpriced. And coins still pilling up in the bank. So why charge?

    People who charge to buy something need to charge less, since they get a high amount of coins for it.
    Give coins a purpose in game and you will see the gold price drop down.

    The only quick solution would be for now the remove the 3 day time limit for gold bids. Everybody would have to get in line, it would take a while but on the end of the day you would get your gold. This would reduce the wc gold selling and therefore increase the selling in AH.

    Now people might say, hey timing out bids is a coins sink as well. But at the moment gold is sold mostly in wc. There is no coin/gold fee for that. This would go then into AH. So, this argument is not valid.

    But as we all know, PWI will for sure not do anything except maybe have the next spend promo for spending 20000 gold.
    LOL
  • dregenfox
    dregenfox Posts: 713 Arc User
    edited September 2017
    scruncy wrote: »
    Raising the Gold cap in AH would be the dumbest thing ever for various reasons.

    The problem is not that there is no enough gold available, the problem is the absurd amount of coins some people possess and no use for that coins then just to buy gold.
    If they raise the gold cap I would just take my trillions of coins and buy all the gold available in AH and sell it on the next cap.
    And I am not the only one who would do that.
    As long coins have no use at all, nothing will change.
    Before something will change those coins need to be removed. And I am not talking about the coins from players who struggle to get a million per day.
    We need a coin sink for those coin horders ( suggestions have been made in another post a while ago).

    PWI is to dumb to actualy realize that a high gold price hurts their sales and the in game economy at the same time.
    I used to charge a few 50 / 100 /200 dollars years ago when I was in need of coins. I stopped that 4-5 years ago. Why?
    I got so much coins now I can buy anything I want even if its overpriced. And coins still pilling up in the bank. So why charge?

    People who charge to buy something need to charge less, since they get a high amount of coins for it.
    Give coins a purpose in game and you will see the gold price drop down.

    The only quick solution would be for now the remove the 3 day time limit for gold bids. Everybody would have to get in line, it would take a while but on the end of the day you would get your gold. This would reduce the wc gold selling and therefore increase the selling in AH.

    Now people might say, hey timing out bids is a coins sink as well. But at the moment gold is sold mostly in wc. There is no coin/gold fee for that. This would go then into AH. So, this argument is not valid.

    But as we all know, PWI will for sure not do anything except maybe have the next spend promo for spending 20000 gold.
    LOL

    Your argument holds no water. You can already buy up all the gold with your trillions of coins over WC or housing envelopes if you offer high enough, so why haven't you done it yet? I guarantee you will find someone to sell you gold at 15m a pop. If PWI lifted the cap the next limit would likely be extremely high. So good luck with that.

    Gold has actually been effectively uncapped for the majority of PWI's life with no issues. As always people tend to panic and overestimate how high or low gold price will get.

    The cap issue has only been an issue for the last couple years - In fact the economy only started stagnating after the gold hit cap and spend rewards were implemented, making the cap issue even worse.

    I remember when it took only minutes to hours to buy or sell as much gold as I wanted. Things moved very quickly back then. I would sell out of 500 packs in hours. Now items just sit rotting in catshops for months or even years.

  • scruncy
    scruncy Posts: 458 Arc User
    dregenfox wrote: »
    scruncy wrote: »
    Raising the Gold cap in AH would be the dumbest thing ever for various reasons.

    The problem is not that there is no enough gold available, the problem is the absurd amount of coins some people possess and no use for that coins then just to buy gold.
    If they raise the gold cap I would just take my trillions of coins and buy all the gold available in AH and sell it on the next cap.
    And I am not the only one who would do that.
    As long coins have no use at all, nothing will change.
    Before something will change those coins need to be removed. And I am not talking about the coins from players who struggle to get a million per day.
    We need a coin sink for those coin horders ( suggestions have been made in another post a while ago).

    PWI is to dumb to actualy realize that a high gold price hurts their sales and the in game economy at the same time.
    I used to charge a few 50 / 100 /200 dollars years ago when I was in need of coins. I stopped that 4-5 years ago. Why?
    I got so much coins now I can buy anything I want even if its overpriced. And coins still pilling up in the bank. So why charge?

    People who charge to buy something need to charge less, since they get a high amount of coins for it.
    Give coins a purpose in game and you will see the gold price drop down.

    The only quick solution would be for now the remove the 3 day time limit for gold bids. Everybody would have to get in line, it would take a while but on the end of the day you would get your gold. This would reduce the wc gold selling and therefore increase the selling in AH.

    Now people might say, hey timing out bids is a coins sink as well. But at the moment gold is sold mostly in wc. There is no coin/gold fee for that. This would go then into AH. So, this argument is not valid.

    But as we all know, PWI will for sure not do anything except maybe have the next spend promo for spending 20000 gold.
    LOL

    Your argument holds no water. You can already buy up all the gold with your trillions of coins over WC or housing envelopes if you offer high enough, so why haven't you done it yet? I guarantee you will find someone to sell you gold at 15m a pop.

    Gold has actually been effectively uncapped for the majority of PWI's life with no issues. As always people tend to panic and overestimate how high or low gold price will get.

    The cap issue has only been an issue for the last couple years - In fact the economy only started stagnating after the gold hit cap and spend rewards were implemented, making the cap issue even worse.

    How good is wc gold for me? I dont need any items. I would buy the gold itself...........
  • wildz2
    wildz2 Posts: 91 Arc User
    edited September 2017
    Reduce the 48h in auction to 24h or 12h.

    Making it less profitable to max out the AH due to the fees.
  • dregenfox
    dregenfox Posts: 713 Arc User
    edited September 2017
    scruncy wrote: »
    dregenfox wrote: »
    scruncy wrote: »
    Raising the Gold cap in AH would be the dumbest thing ever for various reasons.

    The problem is not that there is no enough gold available, the problem is the absurd amount of coins some people possess and no use for that coins then just to buy gold.
    If they raise the gold cap I would just take my trillions of coins and buy all the gold available in AH and sell it on the next cap.
    And I am not the only one who would do that.
    As long coins have no use at all, nothing will change.
    Before something will change those coins need to be removed. And I am not talking about the coins from players who struggle to get a million per day.
    We need a coin sink for those coin horders ( suggestions have been made in another post a while ago).

    PWI is to dumb to actualy realize that a high gold price hurts their sales and the in game economy at the same time.
    I used to charge a few 50 / 100 /200 dollars years ago when I was in need of coins. I stopped that 4-5 years ago. Why?
    I got so much coins now I can buy anything I want even if its overpriced. And coins still pilling up in the bank. So why charge?

    People who charge to buy something need to charge less, since they get a high amount of coins for it.
    Give coins a purpose in game and you will see the gold price drop down.

    The only quick solution would be for now the remove the 3 day time limit for gold bids. Everybody would have to get in line, it would take a while but on the end of the day you would get your gold. This would reduce the wc gold selling and therefore increase the selling in AH.

    Now people might say, hey timing out bids is a coins sink as well. But at the moment gold is sold mostly in wc. There is no coin/gold fee for that. This would go then into AH. So, this argument is not valid.

    But as we all know, PWI will for sure not do anything except maybe have the next spend promo for spending 20000 gold.
    LOL

    Your argument holds no water. You can already buy up all the gold with your trillions of coins over WC or housing envelopes if you offer high enough, so why haven't you done it yet? I guarantee you will find someone to sell you gold at 15m a pop.

    Gold has actually been effectively uncapped for the majority of PWI's life with no issues. As always people tend to panic and overestimate how high or low gold price will get.

    The cap issue has only been an issue for the last couple years - In fact the economy only started stagnating after the gold hit cap and spend rewards were implemented, making the cap issue even worse.

    How good is wc gold for me? I dont need any items. I would buy the gold itself...........

    You can buy any amount of gold through the housing system. I've traded 1000+ gold this way.

    People get scared of seeing gold at 6m+ but it really doesn't change anything - people thought the game would be over if gold hit 1m+ and it ran just fine all the way up until it hit the cap.
  • jamesburr36
    jamesburr36 Posts: 150 Arc User
    edited September 2017
    dregenfox wrote: »

    It took literally 5+ years for gold to go from 1m to 4m, even with all the massive pack sales. Your argument makes no sense - people don't decide how much they can sell gold for arbitrarily and just succeed.

    And it went from 4 mil to 6 mil in WC during one sale.

    You just can't grasp the concept of supply and demand. LOL! Removing the cap will cause price of gold to go far beyond what it has been lately.

    People who make threads like this are the same people who made threads about how killing botting will reverse the inflation caused by it. Little did they realize that nerfing the botting had no effect on gold prices at all. LOL!

    You people think you have the answers for everything. LOLOL
  • nbreaking
    nbreaking Posts: 607 Arc User
    Don't be rushy, removing the gold cap would allow inflation to get higher and devaluate coins, because everyone would have a lot of coins, this is the reason in certain private servers coins are not the desirable currency, but another item instead (like epic coins from EPW private server).

    If coins are not desirable, people won't want coins for their gold, if people don't want coins for their gold you won't be able to get gold unless you have the item ppl want.
    In a short period, yes, it will look like it's awesome to raise the cap, in the long run you completely trash the economy.

    There's a good video about it, i'm gonna leave it here, take a look plz, you can watch the whole thing, i'm gonna put it where they talk about how you HAVE to have a cap and stuff ^^

    https://youtu.be/sumZLwFXJqE?t=6m32s




    Mr. Justice
  • laiwaisan
    laiwaisan Posts: 1,123 Arc User
    no it can be changed but hell no i saw i think gold go up to 8-9 mill one time hell no game is already insainly expensive and now that fc is open repair bill is insaine worth the xp but now im actualy buying stuff
  • treebeard2
    treebeard2 Posts: 2 Arc User
    The problem is simply greed and impatience,I only ever sell gold through the auction house
  • dregenfox
    dregenfox Posts: 713 Arc User
    edited September 2017
    dregenfox wrote: »

    It took literally 5+ years for gold to go from 1m to 4m, even with all the massive pack sales. Your argument makes no sense - people don't decide how much they can sell gold for arbitrarily and just succeed.

    And it went from 4 mil to 6 mil in WC during one sale.

    You just can't grasp the concept of supply and demand. LOL! Removing the cap will cause price of gold to go far beyond what it has been lately.

    People who make threads like this are the same people who made threads about how killing botting will reverse the inflation caused by it. Little did they realize that nerfing the botting had no effect on gold prices at all. LOL!

    You people think you have the answers for everything. LOLOL

    The irony of your statement about supply and demand...can't fix stupid I guess ¯\_(ツ)_/¯.


    Also, @nbreaking coins will never become worthless in this game because it's the only way to trade gold aside from the envelope system. Capping gold at 4m when it's really worth like 8m is actually the best way to make coins pointless like in many other MMO's.

    People are thinking PWI is going through hyperinflation when it's not. It's actually next to impossible to make coins from nothing ATM in this game. Inflation in this game is almost entirely tied to the amount of real money being put in by people, which is 100% fine (this is roughly analogous to increases in production/technology in the real world). Once people stop putting in money, the coin supply essentially stops, which is when you know that the game is truly dying.

    Did you know the value of the US dollar has gone up by over 3000% since its creation? That's normal. It's ok for coins to go up over time as long as it's steady and there is a reason for it (ie - increasing technology/production efficiency).

    Hyperinflation is more like the value of gold jumping 200% in 1 week because a country is making money from nothing, which is what you used to have in other countries like Venezuela.

    The foils from key sales is essentially taking resources away from the economy in return for coins. It is pretty much making coins from nothing (actually, it's even taking stuff away), which is the real reason why the game and coins are broken ATM
    Post edited by dregenfox on
  • ailiadrake
    ailiadrake Posts: 282 Arc User
    ok, I can agree that some of you have valid arguments to support the raising of gold cap in the ah, but I still think it's insane.
    Maybe it'll be good at first, but in the long run it'll just be the worst recent idea to be put into effect.
    Unless people, ALL people, stop buying gold till it has gone down in price, increasing the cap will be suicide.
    Sadly, I don't see that happening.
  • phoena20#7638
    phoena20#7638 Posts: 8 Arc User
    Why not .... Make AH . a Cross server AH . if ya know what i mean ;):p
  • dregenfox
    dregenfox Posts: 713 Arc User
    edited September 2017
    ailiadrake wrote: »
    ok, I can agree that some of you have valid arguments to support the raising of gold cap in the ah, but I still think it's insane.
    Maybe it'll be good at first, but in the long run it'll just be the worst recent idea to be put into effect.
    Unless people, ALL people, stop buying gold till it has gone down in price, increasing the cap will be suicide.
    Sadly, I don't see that happening.

    Eliminating gold cap will hurt at first, but will be good for the game in the long run. Inflation is not bad as long as its steady and predictable. The real issue as I've said time and again are the fortune keys.

    The people consuming endgame resources for more coins from foils are just shooting themselves in the foot without even realizing it. If you're sitting on billions of coins right now, you've failed as a merchant. Those coins are effectively worthless atm because it's almost impossible to buy gold with them.

    Would you rather have 200 billion worth of worthless coins sitting in bank just so you can feel good about being "rich" (news flash - everyone's "rich" right now), or have your fortune halved by inflation but still be able to buy 100 billion worth of gold?
    Post edited by dregenfox on
  • heerohex#3018
    heerohex#3018 Posts: 4,880 Community Moderator
    It's not hard coded.

    But PWE have said they will not change this.
    Why not .... Make AH . a Cross server AH . if ya know what i mean ;):p

    Not a bad idea
  • ailiadrake
    ailiadrake Posts: 282 Arc User
    dregenfox wrote: »
    ailiadrake wrote: »
    ok, I can agree that some of you have valid arguments to support the raising of gold cap in the ah, but I still think it's insane.
    Maybe it'll be good at first, but in the long run it'll just be the worst recent idea to be put into effect.
    Unless people, ALL people, stop buying gold till it has gone down in price, increasing the cap will be suicide.
    Sadly, I don't see that happening.

    Eliminating gold cap will hurt at first, but will be good for the game in the long run. Inflation is not bad as long as its steady and predictable. The real issue as I've said time and again are the fortune keys.

    If PWI had been smart enough to take away foils from key drops I'd say there would be at least 200-300 more Diamond of dragons on the server atm as well as billions of less coins in the market - enabling many more players to endgame themselves.

    The people consuming endgame resources for more coins from foils are just shooting themselves in the foot without even realizing it. If you're sitting on billions of coins right now, you've failed as a merchant. Those coins are effectively worthless atm because it's almost impossible to buy gold with them.

    Would you rather have 200 billion worth of worthless coins sitting in bank just so you can feel good about being "rich" (news flash - everyone's "rich" right now), or have your fortune halved by inflation but still be able to buy 100 billion worth of gold?

    I'm not a heavy farmer, nor I have an immense fortune in coins like some players out there. All my gold comes from the occasional BH I do (which have been nerfed to almost oblivion). You say that if the prices go up, I can finally manage to shard and refine to +12 my gear?
  • emanuelly#5715
    emanuelly#5715 Posts: 31 Arc User
    On the brazilian server, which is run by Level Up Games and is an official server, the value of gold is floating, where the player can trade his gold according to the supply and demand, or practice the price he wants.
    The company has disabled the Jolly and also removed some items that give many coins. The result is that there are few farm options and the value of the items are cheap, but items obtained directly by the gold store or dropped from the chest remain expensive.
    At the beginning of the server, buying 1000 golds (2 golds on pwi) costs 1m. When the server was full of bots, the price of 1000 golds (2 golds on pwi) was around 50m, but currently, 1000 golds costs 15m.
    This idea that the company can't change certain things on the server can be a lie. The PWI is different from the PWCN, which is different from PWBR etc.
    I think PWI administrators can ask China to have more autonomy over the game economy.
  • dregenfox
    dregenfox Posts: 713 Arc User
    edited September 2017
    ailiadrake wrote: »
    dregenfox wrote: »
    ailiadrake wrote: »
    ok, I can agree that some of you have valid arguments to support the raising of gold cap in the ah, but I still think it's insane.
    Maybe it'll be good at first, but in the long run it'll just be the worst recent idea to be put into effect.
    Unless people, ALL people, stop buying gold till it has gone down in price, increasing the cap will be suicide.
    Sadly, I don't see that happening.

    Eliminating gold cap will hurt at first, but will be good for the game in the long run. Inflation is not bad as long as its steady and predictable. The real issue as I've said time and again are the fortune keys.

    If PWI had been smart enough to take away foils from key drops I'd say there would be at least 200-300 more Diamond of dragons on the server atm as well as billions of less coins in the market - enabling many more players to endgame themselves.

    The people consuming endgame resources for more coins from foils are just shooting themselves in the foot without even realizing it. If you're sitting on billions of coins right now, you've failed as a merchant. Those coins are effectively worthless atm because it's almost impossible to buy gold with them.

    Would you rather have 200 billion worth of worthless coins sitting in bank just so you can feel good about being "rich" (news flash - everyone's "rich" right now), or have your fortune halved by inflation but still be able to buy 100 billion worth of gold?

    I'm not a heavy farmer, nor I have an immense fortune in coins like some players out there. All my gold comes from the occasional BH I do (which have been nerfed to almost oblivion). You say that if the prices go up, I can finally manage to shard and refine to +12 my gear?

    I hate to break it to you but you're not going to get +12 gears even with gold at 100k, because back then +12 was infinitely more expensive than it was now (The top player spent ~$2000 just to refine to +9).

    I think it's time people stopped having this fantasy where you will farm your way to +12 endgame because that has never been possible save for the top 1% of dedicated farmers who have done it over years. But you can get ~+7 just through farming very easily, and that won't change no matter how high the gold price gets.

    Before key foils were introduced an inflation in gold prices typically meant there were endgame packs and spend rewards being used, which meant a higher supply of endgame items coming into the economy. This allowed farmers to PVE their way to endgame gears because the pack openers would eventually sell those pack items.

    Did you know matchless wings used to be as rare as Crowns of Madness? It used to be an impossible dream for pve farmers. But now you can farm it in a couple months from cube farming. That's the effect of inflation introduced from pack opening.
  • ailiadrake
    ailiadrake Posts: 282 Arc User
    edited September 2017
    So, remove these keys instead of taking off the gold cap?
    Wouldn't this be a better idea than having prices increase to the moon?

    EDIT: Wait... keys are a china thing, right?
    Post edited by ailiadrake on
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