Gold price estimation

2»

Comments

  • viktorbg
    viktorbg Posts: 0 Arc User
    edited January 2015
    For old players yeah it is good but for new players (if there is any lol) not so much.
  • Sirkura - Raging Tide
    Sirkura - Raging Tide Posts: 105 Arc User
    edited January 2015
    actually since me and my roomate merch gold... what caused the prices to drop was there was a charge promo around xmas. it wasn't a big rewards type one, just a 15% zen. typically when you get extra zen or they have charge rewards where you just purchase zen to recieve it, prices fall. more people sell it at a time and everyone wants their gold sold first so it drops as each person undersells. i predict its gonna go back up to cap again fairly soon. prices typically rise faster during spend rewards, as more people use the gold they buy for the bonus than resell it in game. so bids stack up. i always buy my ingame gold when prices drop with the charge rewards.
  • Joe - Morai
    Joe - Morai Posts: 1,299 Arc User
    edited January 2015
    Sirkura - Raging Tide wrote: »
    actually since me and my roomate merch gold... what caused the prices to drop was there was a charge promo around xmas. it wasn't a big rewards type one, just a 15% zen. typically when you get extra zen or they have charge rewards where you just purchase zen to recieve it, prices fall. more people sell it at a time and everyone wants their gold sold first so it drops as each person undersells. i predict its gonna go back up to cap again fairly soon. prices typically rise faster during spend rewards, as more people use the gold they buy for the bonus than resell it in game. so bids stack up. i always buy my ingame gold when prices drop with the charge rewards.

    No. We will never see the gold capped again except if PWE comes up with a new redicolous sale. With the current style of sale no. Never.

    The only source of ingame cpins these days are tokens (which are hardly being exchanged for money), quest rewards, bh and coin drops. Even if anyone would do 12 bhs each day and bot for 8 hours a day it is impossible for gold to reach those hights again.

    Bitting was a certain income whilst bh is luck based.

    Ofc there are loads of new people in the need for gears/coins for fees and skills now...but even if those go away I highly doubt that we reach the cap again. The best proof is to look at thw pvp servers. Gold was always at ~2.8m all the time whilst it was capped on other server. The only thing people couldnt do other there was botting. Anyone can count 1 and 1 together.
    My Barb:
    mypers.pw/1.8/#146464

    My SB:
    mypers.pw/1.8/#141476
  • Eoria - Harshlands
    Eoria - Harshlands Posts: 6,118 Arc User
    edited January 2015
    Joe - Morai wrote: »
    Ofc there are loads of new people in the need for gears/coins for fees and skills now...but even if those go away I highly doubt that we reach the cap again. The best proof is to look at thw pvp servers. Gold was always at ~2.8m all the time whilst it was capped on other server. The only thing people couldnt do other there was botting. Anyone can count 1 and 1 together.

    That was LC. HL was at 3.8/3.9m sell and 3.6/3.7m buy for awhile there. Granted, our botting etiquette was completely different it seems.
    [SIGPIC][/SIGPIC]

    "subtraction has the butt of an angel" - Paulrogers
    I <3 Subtraction.
    /blatant sig copy is blatant

    105/105/105 obtained! b:cute
  • WannaBM - Archosaur
    WannaBM - Archosaur Posts: 1,984 Arc User
    edited January 2015
    Sirkura - Raging Tide wrote: »
    actually since me and my roomate merch gold... what caused the prices to drop was there was a charge promo around xmas. it wasn't a big rewards type one, just a 15% zen. typically when you get extra zen or they have charge rewards where you just purchase zen to recieve it, prices fall. more people sell it at a time and everyone wants their gold sold first so it drops as each person undersells. i predict its gonna go back up to cap again fairly soon. prices typically rise faster during spend rewards, as more people use the gold they buy for the bonus than resell it in game. so bids stack up. i always buy my ingame gold when prices drop with the charge rewards.
    See this makes sense.

    As for it going back to cap. I dont think we can tell. We established that it was a lot of coins from comming from the botting. So that indeed makes one think it should go down now. On the other hand, botting hasnt always been so rampant and inflation was always there. Then again, the NW forge coin sink hasnt always been there either.

    So ye the balance has changed. My feeling is that it should be significant enough to stop inflation. But who knows. Probably only PWI knows (i assume their server is telling them statistics like this coin balance and how many coins are around) And probably that is a great thing for the chinese servers, but takes months on ours before they can act on it :p
    Everything i write is from PvE perspective unless mentioned otherwise.
  • Larkel - Heavens Tear
    Larkel - Heavens Tear Posts: 76 Arc User
    edited January 2015
    Sirkura - Raging Tide wrote: »
    actually since me and my roomate merch gold... what caused the prices to drop was there was a charge promo around xmas. it wasn't a big rewards type one, just a 15% zen. typically when you get extra zen or they have charge rewards where you just purchase zen to recieve it, prices fall. more people sell it at a time and everyone wants their gold sold first so it drops as each person undersells. i predict its gonna go back up to cap again fairly soon. prices typically rise faster during spend rewards, as more people use the gold they buy for the bonus than resell it in game. so bids stack up. i always buy my ingame gold when prices drop with the charge rewards.

    This makes sense, and with the new packs and such that just came out it means more demand for gold to get them.
  • Illyn - Raging Tide
    Illyn - Raging Tide Posts: 91 Arc User
    edited January 2015
    But the gold value was at 3.9m for quite some time already I guess. Wasn't there any charge promo during that whole time?
  • whyarcher88
    whyarcher88 Posts: 0 Arc User
    edited January 2015
    Gold now about 2.5 million, wow that's a huge drop from 3.4 million, hope to see 1.4 million againb:dirtyb:dirty That's HT prices btw.
  • WannaBM - Archosaur
    WannaBM - Archosaur Posts: 1,984 Arc User
    edited January 2015
    Deflation.
    PWI needs to follow european example http://www.reuters.com/article/2015/01/22/us-ecb-policy-idUSKBN0KU2ST20150122
    Everything i write is from PvE perspective unless mentioned otherwise.
  • whyarcher88
    whyarcher88 Posts: 0 Arc User
    edited January 2015
    b:shockedb:shocked quantitative easingb:shocked BTW HT is now the least populated, so i was pleasantly surprised by the big drop in gold prices in such a short time. Bad news for some cash-shoppers though.
  • Keisari - Raging Tide
    Keisari - Raging Tide Posts: 384 Arc User
    edited January 2015
    On RT gold prices are Buy 2,7mil/Sell 2,85mil atm and falling. It used to be capped with 600+ buy offers before the expansion so it has dropped a LOT.

    Kinda bad news for Kitty though, as she was going to CS Pan Gu next month.
    [SIGPIC][/SIGPIC]
    Kittysama - Raging Tide in APS-barb disguise, when avatars were bugged. Now posting again as Kittysama.
    Deleted old mains on Feb. 2014, back with every viable build covered, majority of them at or above non-rb 100.b:cute
    The Greatest APS-Panda on RT! 'Cause there's too much food in tables of Imperial palace.b:surrender
    Kitty's current average lvl ~94 b:shocked
  • Toliman - Raging Tide
    Toliman - Raging Tide Posts: 1,595 Arc User
    edited January 2015
    whyarcher88 wrote: »
    b:shockedb:shocked quantitative easingb:shocked BTW HT is now the least populated, so i was pleasantly surprised by the big drop in gold prices in such a short time. Bad news for some cash-shoppers though.

    If prices of most of items are dependent from price of gold (gold is real currency in pwi), then cash shoppers will not loose anything.

Categories