"Getting gold prices down to earth"

CeliaZ - Sanctuary
CeliaZ - Sanctuary Posts: 901 Arc User
edited June 2011 in General Discussion
They are doing a great job arent they? /sarcasm

Seriously, is it the players who sets the gold prices or PWE? With these sales you really cant say "Its the players who sets the gold prices" cant you?
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Post edited by CeliaZ - Sanctuary on

Comments

  • Pyrostormz - Raging Tide
    Pyrostormz - Raging Tide Posts: 956 Arc User
    edited June 2011
    newthread is new b:bye
    ┌─┐
    ┴─┴
    ಠ_ರೃ
  • Boogiepanda - Raging Tide
    Boogiepanda - Raging Tide Posts: 4,682 Arc User
    edited June 2011
    It's the players who set the price, it's the GMs that influence it.
  • Kieve - Dreamweaver
    Kieve - Dreamweaver Posts: 385 Arc User
    edited June 2011
    And PWE is long past pretending to care.

    Note the use of "pretending."
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  • RainbowVidel - Sanctuary
    RainbowVidel - Sanctuary Posts: 1,316 Arc User
    edited June 2011
    CeliaZ - Sanctuary wrote: »
    is it the players who sets the gold prices or PWE?

    It's always been the players doing it, due to their neverending greed.
  • Okeano - Harshlands
    Okeano - Harshlands Posts: 4,943 Arc User
    edited June 2011
    RainbowVidel - Sanctuary wrote: »
    It's always been the players doing it, due to their neverending greed.

    You mean human nature? Supply/demand, it's the law. PWE creates demand with sales.
  • ResMePls - Heavens Tear
    ResMePls - Heavens Tear Posts: 1,349 Arc User
    edited June 2011
    I will say it is players own greed that sets the prices, but it is INFLUENCED by PWI's sales in the long run. For example, the in game community declares gold prices should be 100k a peice, PWI comes along and decides to make a chest of coins that gives 1 million coins and a hammer to open it for 5 gold. Now here is the thing, hundreds of smart players would spend the 500k(excluding fee) to make an additional 500k. Of course merchant would take advantage of this and raise gold prices accordingly, thus putting a "cap" on gold prices to around 600k+. So to say that it is players own greed that sets in game prices is true in everyway,but in the long run, PWI is the one who influences these prices.

    Don't believe me?? Well again let me restate gold never went as high as it is until chest of coins and hammer were introduced, And the big major one packs.
    [SIGPIC][/SIGPIC]I know what your thinking.
  • Valirah - Sanctuary
    Valirah - Sanctuary Posts: 522 Arc User
    edited June 2011
    RainbowVidel - Sanctuary wrote: »
    It's always been the players doing it, due to their neverending greed.

    Sure, blame the victim and leave the true culprit off the hook. PWI is solely responsible for the rising Gold prices by continually increasing it's in-game value.

    When the best thing you can get with 1 Gold is worth 200k coins, Gold will trade at around 200k. When the best thing you can get with 1 Gold is worth 1M coins, Gold will trade at around 1M.

    PWI are the ones who keep jacking up the value of that "best thing" by putting better and better deals in the CS. Players sadly, can only cope and adjust to the ever increasing prices.
  • FrozenPhire - Lost City
    FrozenPhire - Lost City Posts: 158 Arc User
    edited June 2011
    The company forces people to set these high prices, the company WANTS these prices to go higher, forcing people to want to cash shop.

    b:bye
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  • NiightmareXz - Harshlands
    NiightmareXz - Harshlands Posts: 1,569 Arc User
    edited June 2011
    lol you think that gold was gonna stay at 100k when people set prices for certain TT drops at 1mil? And I am talking like, BEFORE TT drops were nerfed, which I think was mid/late last year, right?
    Gold rises as does the value of things, and since WE set the values of items, WE basically influence the gold prices as well. If the value of things increase or something of great value comes into the cashshop, it's obvious we're gonna raise the price of gold. (There is the GM influence, putting valuables in the cashshop.) The gold to coin ratio is staying the same, it's just gold is higher now because we have a LOT of ways of making money now. (Although, that could be debated, but there still are instance farmers out there, even though the majority of our coins come from people who CS now.)

    Now regardless of what is on sale, you may see a slight drop in gold prices if packs went off, and I'll dare say it would go down to 900k or high 800k if they weren't on sale. But they prolly wouldn't go past 1mil. I think last time they were taken out, the gold was 850k ish?
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  • XDracona - Heavens Tear
    XDracona - Heavens Tear Posts: 229 Arc User
    edited June 2011
    Kieve - Dreamweaver wrote: »
    And PWE is long past pretending to care.

    Note the use of "pretending."

    +1 qft
  • Tremblewith - Heavens Tear
    Tremblewith - Heavens Tear Posts: 1,558 Arc User
    edited June 2011
    Kieve - Dreamweaver wrote: »
    And PWE is long past pretending to care.

    Note the use of "pretending."

    Agreed.
  • brazenbusboy
    brazenbusboy Posts: 1 Arc User
    edited June 2011
    The price of gold has been falling since this past Monday.

    Hope you like your bear gold market. There's only one thing wrong with it from my standpoint. I would like to buy some gold at these prices, but most of my coin is tied up in gold, so the last thing I want to do is sell it. I haven't noticed the prices of items going down however.

    This post has an ulterior purpose. Hopefully it will jinx this bear market and send gold back to rising, so I can get back to trading gold.
    Just some guy

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