PWI Economy

seffiro
seffiro Posts: 1 Arc User
edited March 2011 in General Discussion
Well, as we all knowb:surrender, gold prices till growing up fast and more and more, doing it impossible to buy them, it's lame that the cheap one gold is at 1 million coins and more avery day, ok, it's an important task for discution, maybe pwi can fix a limit price for them, like 400.000 coins each turnning accesible to all who works to much for get items and more, it's an inflated economy and decrease interest of player for play the game, please, it's a problem for everybody b:bye
Post edited by seffiro on

Comments

  • DaKillanator - Raging Tide
    DaKillanator - Raging Tide Posts: 2,965 Arc User
    edited March 2011
    As we all know, the price of hold is going up quickly, making it impossible to purchase gold.b:surrender It's lame that the cheapest gold price is 1 million coins, and that it increases every day.
    It is an important topic for discussion.
    Perhaps PWI can create a fixed limit for gold price, like 400,000 coins each, making gold accessible to anyone that works for their money.
    The high gold prices has created an inflated economy, and it decreases the interest of players of the game. This is a problem for everybody.b:bye


    There, delete that horribad original post and put this in there. I don't really care about this topic, but at least now no one else will have to go through what I did (i.e reading your post)
  • WarrenWolfy - Sanctuary
    WarrenWolfy - Sanctuary Posts: 1,686 Arc User
    edited March 2011
    seffiro wrote: »
    Well, as we all knowb:surrender, gold prices till growing up fast and more and more, doing it impossible to buy them, it's lame that the cheap one gold is at 1 million coins and more avery day, ok, it's an important task for discution, maybe pwi can fix a limit price for them, like 400.000 coins each turnning accesible to all who works to much for get items and more, it's an inflated economy and decrease interest of player for play the game, please, it's a problem for everybody b:bye
    I'm getting really tired of this broken record.

    Want cheap Tokens? Gold will have to go up...
    Want cheap Gold? Tokens will have to go up...

    Pick one.
    [SIGPIC][/SIGPIC]
    PWI Merchanting Guides: warrenwolfy.wordpress.com
  • Admante - Dreamweaver
    Admante - Dreamweaver Posts: 323 Arc User
    edited March 2011
    Simplest solution is worst solution. Put a hard cap on price of gold and the market for gold will develop outside of AH. All that happens is nobody uses gold trade in AH and buying/selling gold is inconvenient as hell.
  • FailHardCore - Raging Tide
    FailHardCore - Raging Tide Posts: 58 Arc User
    edited March 2011
    Im fine with the prices because i sell gold get OP armor and be OP soooo ty and come again OP



    Fail has struck again
    The base of anyones power comes from their knowledge and patience if u do not have those qualitys u have power over noone b:angry




    Fail has struck again!!
  • Eden - Raging Tide
    Eden - Raging Tide Posts: 301 Arc User
    edited March 2011
    Admante - Dreamweaver wrote: »
    Simplest solution is worst solution. Put a hard cap on price of gold and the market for gold will develop outside of AH. All that happens is nobody uses gold trade in AH and buying/selling gold is inconvenient as hell.
    there already used to be gold cap at 1m

    they remove it

    what does this tell u about the chances of that?

    i agree tho with warren post

    ppl complain when gold high, ppl complain when gold low

    ppl complain when tokens low, but tokens low when packs on sale, when gold is high
    ppl complain when tokens high, but tokens high when packs not on sale, when gold is lower

    ... in a "perfect world"....

    oh wait
  • Tigriss_f - Raging Tide
    Tigriss_f - Raging Tide Posts: 120 Arc User
    edited March 2011
    Eden - Raging Tide wrote: »
    there already used to be gold cap at 1m

    they remove it

    what does this tell u about the chances of that?

    i agree tho with warren post

    ppl complain when gold high, ppl complain when gold low

    ppl complain when tokens low, but tokens low when packs on sale, when gold is high
    ppl complain when tokens high, but tokens high when packs not on sale, when gold is lower

    ... in a "perfect world"....

    oh wait

    b:shedtear You made my head hurtb:cry
  • Bunny_slayer - Harshlands
    Bunny_slayer - Harshlands Posts: 101 Arc User
    edited March 2011
    yeah, spiking gold prices can be a hassle sometimes. but it can also be profitable... just think forex b:victory
  • malek888
    malek888 Posts: 1 Arc User
    edited March 2011
    I'm far to be defined a good player in this game, but I really think that spending more than 1mil for 1 gold it's a real pain for a normal player...

    We are talking about weeks of farming/catshopping for just 1 gold, that, on its own, is useless...

    And if you consider that gold price was just 400k a month ago.. :\

    will it get back to that price?
  • Crit_Heal - Dreamweaver
    Crit_Heal - Dreamweaver Posts: 115 Arc User
    edited March 2011
    I agree, they should put a limit to gold price, but that would prolly result in ppl buying less zen... so I guess it will never happen
    [SIGPIC][/SIGPIC]
    Im a troll ;..;b:cute
  • Asterelle - Sanctuary_1381265973
    Asterelle - Sanctuary_1381265973 Posts: 7,881 Arc User
    edited March 2011
    Here is what the AH looks like with a 400k price limit.

    http://i.imgur.com/NVfGm.png

    The AH will just die. You can't force someone to sell gold for less than its worth. You can't expect to buy gold for less than its worth.
    [SIGPIC][/SIGPIC]
    Refining Simulator - aster.ohmydays.net/pw/refiningsimulator.html (don't use IE)
    Genie Calculator - aster.ohmydays.net/pw/geniecalculator.html - (don't use IE)
    Socket Calculator - aster.ohmydays.net/pw/socketcalculator.html
  • Boogiepanda - Raging Tide
    Boogiepanda - Raging Tide Posts: 4,682 Arc User
    edited March 2011
    Take packs out - gold will go down
  • wuzzums
    wuzzums Posts: 0 Arc User
    edited March 2011
    If you want cheap gold in AH then ppl need to stop buying at high prices. Supply and demand.
  • Boogiepanda - Raging Tide
    Boogiepanda - Raging Tide Posts: 4,682 Arc User
    edited March 2011
    wuzzums wrote: »
    If you want cheap gold in AH then ppl need to stop buying at high prices. Supply and demand.

    If you stop buying high, people will just open packs b:bye
  • Sarrafeline - Sanctuary
    Sarrafeline - Sanctuary Posts: 4,661 Arc User
    edited March 2011
    It really doesn't matter either way. When prices are high, it's hard to sell gold at the price you want. When prices are low, it's hard to buy gold at the price you want.

    Either way, a limit is stupid. Gold started out at 800-900k on Sanctuary during Open Beta, dropped, and eventually went back up.

    I'd MUCH rather have cheap tokens and expensive gold than the opposite. b:surrender Cheap subs would be nice though.
    101 Sage Sin*/Archer
    100 Demon BM*/Barb
    96 Demon Cleric/Sage Seeker
    95 Demon Wiz/
    94 Sage Veno
    85 Psy/80 Mystic
    And a handful of other alts, all 79 and under.
    *Pre RB level
  • Arenaceous - Lost City
    Arenaceous - Lost City Posts: 632 Arc User
    edited March 2011
    Asterelle - Sanctuary wrote: »
    Here is what the AH looks like with a 400k price limit.

    http://i.imgur.com/NVfGm.png

    The AH will just die. You can't force someone to sell gold for less than its worth. You can't expect to buy gold for less than its worth.

    This. Some easy calculations for you. For 1 gold you get 2.5 packs at current sale. In the worst case you get 37.5 tokens per gold. NPC price per token is 10k (9999) coins. So you gain 375k coins, with gold at 400k that's basically an infinite supply of packs, considering you get about one Best Luck Token every 60 packs (5M) and only pay 1.5M difference. So no, noone will sell gold in AH if it's capped at 400k, which means only cashshoppers are able to get packs, dictating prices entirely... GG ;)
    "Of course you should fight fire with fire. You should fight everything with fire."

    "Some have said there is no subtlety to destruction. You know what? They're dead."

    - Jaya Ballard, Task Mage
  • TheDan - Sanctuary
    TheDan - Sanctuary Posts: 3,495 Arc User
    edited March 2011
    Purchasing power is not hindered upon gold prices going up from sales. Prices of gold going up won't affect how many units you can buy per gold.

    A few specific examples from the Sanctuary Server:

    A year ago ocean orbs were 75 gold @ 450K gold = 33.75M
    Today ocean orbs are 25 gold @ 1100K gold = 27.5M

    A year ago packs were 1 gold @ 450K gold = 450K
    Today packs are 40 silver @ 1100k gold = 440K

    If we were to be talking about real economic principles, not considering inflation, the goods from the boutique are over twice as accessible than they were a year ago. Whether gold prices go up or down, the market will always sustain a competitive equilibrium in the long run, if not more favorable for consumers.

    Your supply for this year is going to be higher since gold prices are higher, whereas demand will remain about the same since prices will stay about the same throughout consequent years.
    BM PvP Guide: pwi-forum.perfectworld.com/showthread.php?t=1320761

    YouTube channels: youtube.com/TheDan912 and youtube.com/TheDanPWI
  • Arenaceous - Lost City
    Arenaceous - Lost City Posts: 632 Arc User
    edited March 2011
    It's only getting easier for cashshoppers to obtain stuff, because they get cheaper orbs/packs and also get more coins per gold making constant costs like repairs or learning skills cheaper. This also leads to more supply, event items (excluding scroll of tome) are cheaper than ever.
    "Of course you should fight fire with fire. You should fight everything with fire."

    "Some have said there is no subtlety to destruction. You know what? They're dead."

    - Jaya Ballard, Task Mage

Categories