Great, another event that hurts the economy.

Asterelle - Sanctuary_1381265973
Asterelle - Sanctuary_1381265973 Posts: 7,881 Arc User
edited March 2009 in General Discussion
Please tell me if this sounds familiar...

1) PWI adds a quest where players can trade in a cheap cash shop items for high rewards
2) Players buy gold in bulk to exploit the quest
3) The price of gold rises to meet demand
4) The price of everything in coins rises to realign with the new price of gold

Am I talking about the Duke Rose exploit that destroyed the economy last month or am I talking about this latest event that PWI added this week? I grant that the effect of the GA's is much less severe but on Sanctuary gold prices have risen by 40% over the previous overly high value.

It just seems callous of PWI to add an event which is guaranteed to increase the price of gold after all the damage to the economy caused by the Duke Rose exploit.
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Post edited by Asterelle - Sanctuary_1381265973 on

Comments

  • Deathnote - Harshlands
    Deathnote - Harshlands Posts: 134 Arc User
    edited March 2009
    so many threads of these.. fail..
    Bringing fear and widespread random deaths into the Harshlands, that is my goal..

    IGN: Shinigamii, WR

    Death Note Rule #18
    A god of death cannot be killed even if stabbed in his heart with a knife or shot in the head with a gun. However, there are ways to kill a god of death, which are not generally known to the gods of death.
  • OMGLAZERZ - Heavens Tear
    OMGLAZERZ - Heavens Tear Posts: 2,327 Arc User
    edited March 2009
    There was no exploit in this event.


    You don't have a valid argument.
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  • Deathnote - Harshlands
    Deathnote - Harshlands Posts: 134 Arc User
    edited March 2009
    OMGLAZERZ - Heavens Tear wrote: »
    There was no exploit in this event.


    You don't have a valid argument.

    Gratz on lvl 6!

    Thats the only thing vaild in here eheh..
    Bringing fear and widespread random deaths into the Harshlands, that is my goal..

    IGN: Shinigamii, WR

    Death Note Rule #18
    A god of death cannot be killed even if stabbed in his heart with a knife or shot in the head with a gun. However, there are ways to kill a god of death, which are not generally known to the gods of death.
  • Ferociouss - Heavens Tear
    Ferociouss - Heavens Tear Posts: 49 Arc User
    edited March 2009
    can people please please post in threads alreading inthis forum for the event there are like 4 of them already going and yet somebody decides to post another post for people to read it is getting tiresome and is not gonna solve the issue already so just get over and play the game
  • Maiya - Lost City
    Maiya - Lost City Posts: 2,686 Arc User
    edited March 2009
    Wait a week or a few. It'll probably balance itself back out with the main bulk of the event gone.
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  • OMGLAZERZ - Heavens Tear
    OMGLAZERZ - Heavens Tear Posts: 2,327 Arc User
    edited March 2009
    Deathnote - Harshlands wrote: »
    Gratz on lvl 6!

    Thats the only thing vaild in here eheh..

    Dang...I'm going to have to redo this toon then... b:cry
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  • Asterelle - Sanctuary_1381265973
    Asterelle - Sanctuary_1381265973 Posts: 7,881 Arc User
    edited March 2009
    I've abstained from the board for a few days ^^
    In any case, yes the exploit was unintentional and this event was intentional but they had similar effects just of different degrees.

    I don't blame players for selling gold, I blame PWI for introducing a "duke-rose lite" event.
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  • OMGLAZERZ - Heavens Tear
    OMGLAZERZ - Heavens Tear Posts: 2,327 Arc User
    edited March 2009
    Asterelle - Sanctuary wrote: »
    I've abstained from the board for a few days ^^
    In any case, yes the exploit was unintentional and this event was intentional but they had similar effects just of different degrees.

    I don't blame players for selling gold, I blame PWI for introducing a "duke-rose lite" event.

    They is not the same.


    They is not similar.


    They is not comparable.
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  • Solandri - Heavens Tear
    Solandri - Heavens Tear Posts: 2,843 Arc User
    edited March 2009
    Asterelle - Sanctuary wrote: »
    In any case, yes the exploit was unintentional and this event was intentional but they had similar effects just of different degrees.

    The duke rose exploit drove the price of gold up due to players selling the item to NPCs. The coin was being created out of thin air - equivalent to counterfeiting, that is those exploiting the bug were doing the equivalent of stealing a little bit of coin from everyone.

    The current event is driving the price of gold up due to players selling the items to each other. The coin is coming from the same in-game sources it has always come from. Those spending the coins feel they're getting a good value for it, there's no stealing going on.

    So no they are not having a similar effect on the economy, only on gold prices.
  • Blancheneige - Heavens Tear
    Blancheneige - Heavens Tear Posts: 1,494 Arc User
    edited March 2009
    The Halloween event was similar to this one.

    The Halloween event had the same effect on gold price. It raised to 120-130k.

    After the Halloween event, price of gold dropped back to it's regular price.

    Chances are the same will happen again after this event.
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  • FionaCattail - Sanctuary
    FionaCattail - Sanctuary Posts: 405 Arc User
    edited March 2009
    true, however, the halloween event made up for it by having the kewl jones' blessing :)
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  • RAlSTLlN - Sanctuary
    RAlSTLlN - Sanctuary Posts: 19 Arc User
    edited March 2009
    also, you don't need to buy a single gold to participate in the event. The items that are driving up gold prices are mostly the scarlet fruits and oracles, wich will run out quite quick, so the gold prices will go back down a lot quicker.
  • WarrenWolfy - Sanctuary
    WarrenWolfy - Sanctuary Posts: 1,686 Arc User
    edited March 2009
    Asterelle - Sanctuary wrote: »
    4) The price of everything in coins rises to realign with the new price of gold
    Which alternative dimension Sanctuary server are you playing on?

    On mine, spurred panther mounts are selling for 1.5mill, same as before. 20 gold flying mounts are selling for 1.8mill, same as before. Training Scrolls are about 50k, same as before. Material prices remain the same. etc... etc... etc...
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  • Mosz - Heavens Tear
    Mosz - Heavens Tear Posts: 3,181 Arc User
    edited March 2009
    Blancheneige - Heavens Tear wrote: »
    The Halloween event was similar to this one.

    The Halloween event had the same effect on gold price. It raised to 120-130k.

    After the Halloween event, price of gold dropped back to it's regular price.

    Chances are the same will happen again after this event.

    aye this effect of the event is small in comparison to the food(this effect is being hugely overlooked by most atm) and oracle event though
  • Nayiro - Sanctuary
    Nayiro - Sanctuary Posts: 1,275 Arc User
    edited March 2009
    WarrenWolfy - Sanctuary wrote: »
    Which alternative dimension Sanctuary server are you playing on?

    On mine, spurred panther mounts are selling for 1.5mill, same as before. 20 gold flying mounts are selling for 1.8mill, same as before. Training Scrolls are about 50k, same as before. Material prices remain the same. etc... etc... etc...

    only thing it does effect (so it seems) are charms, well not anymore considering charm packs are back.
    Back.
  • Briegg - Sanctuary
    Briegg - Sanctuary Posts: 584 Arc User
    edited March 2009
    hey this is justlike real life

    DEAL WITH IT!
  • Oldbear - Sanctuary
    Oldbear - Sanctuary Posts: 486 Arc User
    edited March 2009
    I love when people give their personal virtual misfortune a global scale. You really do believe that when you're having it bad- everybody has it bad, don't you?
  • Asterelle - Sanctuary_1381265973
    Asterelle - Sanctuary_1381265973 Posts: 7,881 Arc User
    edited March 2009
    Mostly this is just me expressing frustration at trying to buy cash shop items with coin (I spent 10 mins yesterday looking for a lousy tele -_-). You guys have excellent points of how this event is fundamentally different and I withdraw my earlier comparison but reserve the right to be frustrated.
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  • Granrey - Sanctuary
    Granrey - Sanctuary Posts: 2,050 Arc User
    edited March 2009
    Asterelle - Sanctuary wrote: »
    Mostly this is just me expressing frustration at trying to buy cash shop items with coin (I spent 10 mins yesterday looking for a lousy tele -_-). You guys have excellent points of how this event is fundamentally different and I withdraw my earlier comparison but reserve the right to be frustrated.

    Please, don't be fustrated. Improvise.

    I am a leach on this game since I don't spend money on it. However, I will not complaint about gold prices, events, cash shopers, ect.

    Why? they are the ones allowing me to play. It's true they need me probably as much as I need them. but never the less they are the ones bringing the gold I need to purchase to buy items that I cannot purshase with regular coins.

    I think is more rewarding getting something by grinding that by paying for it. Just my opinion.
  • rugal
    rugal Posts: 0 Arc User
    edited March 2009
    Christmas event ruined mirage celestone forever (from 32k to 20k now) months after the event the prices havent realigned. I sold a scarlet fruit for 115k one day before the event and now i can find it for 30k. Before christmas event it was worth like 150k. It was always a very crappy item anyway, youd have to be really rich to buy it.

    I agree ppl dont realize how insanely good the new food event items are. Cheapest i found em were 180 for hp and 200 for mp. They're roughly 2x as good as lv 70 pots (lv 70 mana pot 1600 mana, sesame 3000), available from lv 25, and costs more than 7 times less with the same cooldown. Merch your pots and stock up on these. Although I believe there are so many that the supply will be huge for a while.
  • Kiralia - Sanctuary
    Kiralia - Sanctuary Posts: 76 Arc User
    edited March 2009
    Its interesting. I had 2 people who originally came from the my-en server telling me last night how messed up the economy is here cos gold prices are so low. Apparantly over there they are about 500 coins per gold and normal item prices such as dq items are about the same as here but more people buy them.

    Now to me a lower coin to cs gold ratio feels better but its all down to what you are used to i guess. Maybe these people are right and the price of gold needs to go up instead of down? Until we see it I guess I'll not know for sure but maybe the people crying about how messed up the economy here is cos gold is going up are wrong and pwi are right in pushing up the price.

    Anyhow less crying more fun please!
  • Polyhymnia - Heavens Tear
    Polyhymnia - Heavens Tear Posts: 269 Arc User
    edited March 2009
    rugal wrote: »
    Christmas event ruined mirage celestone forever (from 32k to 20k now) months after the event the prices havent realigned.
    Prices had gone up to 24-25k and were stabilizing there (and would then climb as the supply dwindled), but between the new servers opening and this event, prices are dropping.

    This event is actually having a deflationary effect in general, as a fair number of people are selling off lots and lots of spare stuff to buy more GAs/Gold/pots. 20k is a little low, however. I sold all of mine at that price, over a few days, and the whole stack was usually bought all at once shortly after I set up the shop. I'd estimate the going rate as closer to 21k-22k atm, at that price you'll see them in shops (they aren't instantly sold), but I think people will still buy.

    I know I'll be re-buying at that price (if not higher) after the event, once I sell some of these pots for more like 500 each. =)

    That deflation is compounded by the drop in demand as a bunch of mid-high levels leave for the new server, for example, -3% chan gear is cheaper (sleeves, at least), TT 60 mats are falling in price (although some of that is just more venos farming 1-1), a lot of CS stuff is falling in price as people try to convert it back into cash (fashion, mounts, etc).
  • Ripokeke - Sanctuary
    Ripokeke - Sanctuary Posts: 154 Arc User
    edited March 2009
    rugal wrote: »
    Christmas event ruined mirage celestone forever (from 32k to 20k now) months after the event the prices havent realigned. I sold a scarlet fruit for 115k one day before the event and now i can find it for 30k. Before christmas event it was worth like 150k. It was always a very crappy item anyway, youd have to be really rich to buy it.

    I agree ppl dont realize how insanely good the new food event items are. Cheapest i found em were 180 for hp and 200 for mp. They're roughly 2x as good as lv 70 pots (lv 70 mana pot 1600 mana, sesame 3000), available from lv 25, and costs more than 7 times less with the same cooldown. Merch your pots and stock up on these. Although I believe there are so many that the supply will be huge for a while.

    umm... can't actually blame the x'mas event for drop in mirage price. the dragon orb sale week should have pushed the price back up, had not so many venos reach lvl 60+, and started farming TT mats as a source of income. TT drop tons of mirages.... b:victory

    and lots of pple are buying them at 25k now, if u noticed...
  • Varizo - Lost City
    Varizo - Lost City Posts: 7 Arc User
    edited March 2009
    Kiralia - Sanctuary wrote: »
    Its interesting. I had 2 people who originally came from the my-en server telling me last night how messed up the economy is here cos gold prices are so low. Apparantly over there they are about 500 coins per gold and normal item prices such as dq items are about the same as here but more people buy them.

    Now to me a lower coin to cs gold ratio feels better but its all down to what you are used to i guess. Maybe these people are right and the price of gold needs to go up instead of down? Until we see it I guess I'll not know for sure but maybe the people crying about how messed up the economy here is cos gold is going up are wrong and pwi are right in pushing up the price.

    Anyhow less crying more fun please!

    If we get to 500k coins per gold, then a gold charms will be 2m each in game, unless players charge real money for them there is no other way a player can afford them. same apply to all CS items. I do not know how many players will left in this game when it becames reality. Higher coins to gold exchange rate do give PWI more income for sure, but it has to be at a reasonable rate. Like it or not, this game need those non-spending players, unless PWI knows it for sure cash spending players are enough to fill up the server. I personally do not believe that.
  • Varizo - Lost City
    Varizo - Lost City Posts: 7 Arc User
    edited March 2009
    Ripokeke - Sanctuary wrote: »
    umm... can't actually blame the x'mas event for drop in mirage price. the dragon orb sale week should have pushed the price back up, had not so many venos reach lvl 60+, and started farming TT mats as a source of income. TT drop tons of mirages.... b:victory

    and lots of pple are buying them at 25k now, if u noticed...

    actually mirage price was dropped from 35k to below 20k in less then 24 hours as x'mas event started. I personally still have hundreds of mirage in my bank. so x'mas event is the cause of mirage price drop, and we would not see mirage sell for 30k+ in next few months if it will ever happen.
  • rugal
    rugal Posts: 0 Arc User
    edited March 2009
    Right on Varizo! Those damn snowmen dropped so many mirages the prices of celestones dropped in that week.
  • Torsay - Sanctuary
    Torsay - Sanctuary Posts: 210 Arc User
    edited March 2009
    I know its easy to say but

    Try to play without cash shop items if these events and such bother you.

    Oh yeah, that was easy.

    Try to find other valid points why to play this game, not just because of cash shop items.

    If the only thing what this game does is teaching you how to pay your bills then maybe its time to move on.
  • tatakairyu
    tatakairyu Posts: 0 Arc User
    edited March 2009
    Varizo - Lost City wrote: »
    actually mirage price was dropped from 35k to below 20k in less then 24 hours as x'mas event started. I personally still have hundreds of mirage in my bank. so x'mas event is the cause of mirage price drop, and we would not see mirage sell for 30k+ in next few months if it will ever happen.

    You guys are on different servers and yes on sanctuary mirages are at LEAST 25k each and has been that way since dragon orb sale.
  • Ju$tiCE - Heavens Tear
    Ju$tiCE - Heavens Tear Posts: 54 Arc User
    edited March 2009
    OMGLAZERZ - Heavens Tear wrote: »
    They is not the same.


    They is not similar.


    They is not comparable.

    +1 .


    @ the qq-ers/whiners

    Seriously guys, what do you expect? No events will make things boring. Can you guys design an event that is completely flawless?

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