How does the gold change value?

DavorMk - Lost City
DavorMk - Lost City Posts: 14 Arc User
edited November 2010 in General Discussion
How the gold gets higher coin value and lower?
What is the influence to this?

In the past i remember the gold beeing like 100-200k :S and like 6 months ago it was up to 800k on Lost City.
Post edited by DavorMk - Lost City on

Comments

  • BarbLord - Raging Tide
    BarbLord - Raging Tide Posts: 378 Arc User
    edited November 2010
    When the magical monkey in PWEs basement gets angry because he is not getting enough bananas he raises the gold prices with his magical powers
    Because he thinks that will hurt PWE

    On a serious note
    Its how much people will sell and buy gold for according to supply and demand rules
  • DavorMk - Lost City
    DavorMk - Lost City Posts: 14 Arc User
    edited November 2010
    well i guess than at least 10 guys with big pockets should gather and invest like 100$ each and sell the golds for 100-200k... that will ruin the economy b:chuckle
    But that's also bad for the game since "the magical monkey in PWEs basement" will get angry. I guess we are stuck than :)
  • Eoria - Harshlands
    Eoria - Harshlands Posts: 6,118 Arc User
    edited November 2010
    DavorMk - Lost City wrote: »
    well i guess than at least 10 guys with big pockets should gather and invest like 100$ each and sell the golds for 100-200k... that will ruin the economy b:chuckle

    Won't work. Those that see it will just grab the gold and resell at whatever the current going price is. b:bye
    [SIGPIC][/SIGPIC]

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  • Rawrgh - Raging Tide
    Rawrgh - Raging Tide Posts: 6,790 Arc User
    edited November 2010
    Packs.


    /10chars
    [SIGPIC][/SIGPIC]
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  • WarrenWolfy - Sanctuary
    WarrenWolfy - Sanctuary Posts: 1,686 Arc User
    edited November 2010
    DavorMk - Lost City wrote: »
    How the gold gets higher coin value and lower?
    What is the influence to this?
    Basically, look in the cash-shop to find whatever item is worth the most in-game (currently it's Packs). That's what will be setting the Gold exchange rate, while Supply and Demand will cause the actual price to fluctuate up and down around this price.
    DavorMk - Lost City wrote: »
    well i guess than at least 10 guys with big pockets should gather and invest like 100$ each and sell the golds for 100-200k... that will ruin the economy b:chuckle
    That wouldn't even make a slight dent. In fact, if 100 people with big pockets each put $1000 dollars in the game it would be gobbled up by Pack merchants like myself quite quickly. We'd start liquidating Packs at rock-bottom prices and create a Pack buying frenzy, and within about 3 days Gold prices, and the server economy, would be back to normal.

    All that would happen is that a bunch of people would lose real-life money and a bunch of in-game merchants would get rich.
    [SIGPIC][/SIGPIC]
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  • Okeano - Harshlands
    Okeano - Harshlands Posts: 4,943 Arc User
    edited November 2010
    Someone is underestimating PW's economy lol 1000 gold at 200k each will be bought out in less than 5 seconds.
  • DavorMk - Lost City
    DavorMk - Lost City Posts: 14 Arc User
    edited November 2010
    nice answer i get it.
    I was being stupid not thinking little bit more about the question before asking it :)
  • Scandalous - Dreamweaver
    Scandalous - Dreamweaver Posts: 75 Arc User
    edited November 2010
    Rawrgh - Raging Tide wrote: »
    Packs.


    /10chars

    ^ This
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    RIP Calamity - October 30th / 2010

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