Ridiculous Prices

DarkSniper - Lost City wrote: »

A thread complaining about gold prices?


How original

this


/too lazy to black out 10characters anymore...

Amsel - Sanctuary wrote: »

i remember gas only being 1.50 a gallon man those were the days, welcome to the economy!

Omg i remember when it was 99 cents where i lived... Damn im old. b:surrender

Anyway i don't think gold prices are gonna fall below 150k again so you're going to see a price hike.

THIS IS A CONSPIRACY! b:angry

Learn to use capital letters, punctuation, and correct spelling and you might find more people reading more of your posts.

topsykrets wrote: »

Gms posted a sticky when they rereleased the jolly old jones quest that they were doin it so they could drain the PW economy to lower gold prices back down but they are still on the hike

There's your problem. That's like the government saying "we're going to stop inflation, by dumping tons of cash on everyone!" Jolly Jones did nothing to drain the economy, because ppl used cash shop items, which are paid for with money outside of the game economic system. Now if Jolly Jones' ONLY option was the 100k, then it would be a valid cash removal method, but the fact is, noone used the 100k system, but rather paid with guardian angels. On top of all this, they introduced Cash Boxes (rewarded in Cube & Rebirth) where by paying 5 real life dollars you can pump 1 mil coin into the economy. Between the 2 things, alot more cash was added to the economy, and none was removed. Seems the PW economists need to be Fired! Out of a canon!

Also on a macro-economic note; The amount of money in an economy, for determining its effect on inflation, isnt just the literal amount of money spread around. Its that total money multiplied by how many transactions are made with it per day. For example, if everyone was banking their money & not spending it, deflation would set it (which is the problems in a recession that can lead to a depression, and shows how economic confidence plays a role). Conversely, If I spend my money by buying something from you, & you immediately turn it over to someone else, & that cycle continues, it would be as if alot more money is in the economy (which shows again how economic confidence creates its own boom). My point in all of the above, is PWI consistantly createsCash Shop sales these days, creates massive amounts of buying and selling with game coin as well, and as such adding to the incredible inflationary problem as well.

_Devil_Eyes_ - Sanctuary wrote: »

i really doubt ppl are lookin at my post and thinkin dang that guy shoulda used a period there a mayb a coma there

I suggest doubting less, both my little sister and I do precisely that. b:laugh

Actually it wouldn't matter to PWE if the price of gold in game was high or low, they make the same $1 per gold regardless.

The people who are most likely to buy gold with coin as opposed to with cash are most likely the type who wouldn't pay cash to begin with, hence the reason they're paying with coin in the first place. If they were either unwilling or unable to pay for gold with cash that won't likely change whether the price of gold is one million coins per gold, or one coin per gold. And someone has to pay for that gold either way. Even if the going price were one coin per gold, that gold would still have to be bought from PWE first, and they'd make the same exact $1 per gold. If it got to the point where they couldn't afford to buy gold in any way, shape, or form they'd either play the game without any of the fancy boutique items, or if being able to get items from the boutique matter that much to them, they'd find a different game to play.

Rurik_Niall - Dreamweaver wrote: »

The people who are most likely to buy gold with coin as opposed to with cash are most likely the type who wouldn't pay cash to begin with, hence the reason they're paying with coin in the first place. If they were either unwilling or unable to pay for gold with cash that won't likely change whether the price of gold is one million coins per gold, or one coin per gold. And someone has to pay for that gold either way. Even if the going price were one coin per gold, that gold would still have to be bought from PWE first, and they'd make the same exact $1 per gold. If it got to the point where they couldn't afford to buy gold in any way, shape, or form they'd either play the game without any of the fancy boutique items, or if being able to get items from the boutique matter that much to them, they'd find a different game to play.

"Most" is groundless speculation. Regardless, there are those who are reluctant but able to charge zen. A higher gold price is great incentive.

Rurik_Niall - Dreamweaver wrote: »

No, groundless speculation would be "The people most likely to pay coin for gold instead of cash eat chicken soup every Tuesday." Saying that people who are either unable or unwilling to pay for gold with cash are the most likely ones to pay with coin is simple logic. Those willing and able to pay cash for gold will just go ahead and buy it with cash. Conversely those who are either unable or unwilling will buy with coin. This is because they're either cheap, or simply can't afford to pay $40 for a spurred Kirin. Why do you think they're playing a free to play game, and not one that requires a fee to buy the program, a monthly fee to play, or both? I know whenever I look for a new MMO to play, the phrase I Google isn't MMORPG, it's free MMORPG, and there's a reason for that. If it got to the point that it was near impossible for me to save up the coin to buy the boutique items I wanted, I'd just continue playing without it. If it got to the point where absolutely everything even remotely worth having was from the boutique and the prices were so insane I'd never be able to buy it, I'd just pack it up, delete Perfect World from my hard drive, and move on to the next free MMO that caught my fancy.

So youre just going to ignore the so called swing players I outlined above? I have no real argument with the gist of what you wrote, clearly there are those that will and do pay, and those who cannot and do not. However, the situation is not so black and white. There are people in between. And there is also the question of the amount of zen charged.

Microtransaction based MMOs are geared to make you pay for the game. Noone cannot function as a business on a truly free product.

The higher the price of gold gets, the less the buyers need to buy to get what they want. This causes PWE to get less money from sales.

It also causes new players to not bother to even play once prices are driven too high by greed.

Zoe - Heavens Tear wrote: »

The higher the price of gold gets, the less the buyers need to buy to get what they want. This causes PWE to get less money from sales.

It also causes new players to not bother to even play once prices are driven too high by greed.

Or sellers can be greedy and sell the same amount they normally do and make even more coin. Cause, you know, everyones really greedy.

Aoe - Heavens Tear wrote: »

Omg i remember when it was 99 cents where i lived... Damn im old. b:surrender

Anyway i don't think gold prices are gonna fall below 150k again so you're going to see a price hike.

Don't worry I started driving at 89 cents

Ok, there seems to be something of a big picture thing missing in some posts. If gold prices stay high for a while people charging zen will no longer benefit, as all things on the open (non-npc) market will eventually adjust and become more expensive... Which means that you'll have to work harder to get them. In the long run very few people can actually afford to get most of their ingame income out of their own wallet. Every dollar you charge will buy you less with high prices which means people selling gold will get much less bang for their buck despite the apparently larger wealth they would seem to posses. Also, while new players may not know the difference, some will be discouraged by the amount of effort it takes to buy gold. It's a far different thing to try to save 1 mil for inv/safe extensions than it is to save 2... This further disrupts the economy, not to mention you'd have to be blind and stupid not to notice all the qqing about high gold prices in WC. People charging $20-$50 a month may soon begin noticing they can now afford fewer things than they could some weeks ago... and while they may have an easier time with everyday expenses (dailies, pots, repairs) most people sell gold to get good gear/cool items, not just make ends meet.

In the long run it means much more time grinding for ALL of us, except perhaps the uber rich. Let's face it, for every person making a huge fortune off of gold there are probably a dozen players who blew half of what they charged in bad calls... You need someone else to take a loss if you want to make profit.

Ok, yes - if niflation runs completely rampant, no one will want to play, that is true.

Which would, I assume, be why the cash-shop prices of things are being dropped. Gold may be twice what it was, but mounts now need half as much gold. Which evens it out nicely.