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This needs to be lowered not increased
xuel
Member Posts: 169 Arc User
From patch notes
"Increased the maximum auction price of 500,000,000 Energy Credits to 750,000,000 Energy Credits."
This needs to be decreased to help reduce the amount of GREED in the game. No single item in the game is worth more then 100mil.
"Increased the maximum auction price of 500,000,000 Energy Credits to 750,000,000 Energy Credits."
This needs to be decreased to help reduce the amount of GREED in the game. No single item in the game is worth more then 100mil.
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Let's just say for a moment, that Cryptic lowered the EC Cap on the exchange to 20k EC. Do people really think that's going to drive down the price of the things people really want?
If such a case happened, the valuable stuff will simply not be sold on the Exchange and will instead be done through Player-to-Player trades, exchanges.
Plasmonic Leech Box will still be expensive.
Premium Ships are still going to be expensive.
Some of those Box Traits are still going to be expensive.
Keys, FSMs will still cost decent coin.
These and other things would still be sold off the Exchange even with a lower cap and will not drive prices down with that cap.
Not to mention the amount of 'Selling X' spam that would appear in chat!
l don't know.
l really don't know what l'm about to say, except l have a feeling about it.
That l must repeat the words that come without my knowledge.'
Look at the price of a key in EC. Look at the price of the Herald Baltim Heavy Raider (lobi ship) in EC. Lock at how many lock boxes you need to open to get the lobi to buy that ship from the lobi store instead. The EC price is lower.
Why is the Vomph much more? The Herald lock box blog post describes it as "incredibly rare" and it is. There have been several complain threads here from people who have spent $100-300 using keys to open lock boxes and still did not get one. The EC prices are high but with selling keys for EC your chance becomes 100%.
Prices are what they are because of math, not greed.
What?
I have a 100 billion quatloo limit. Why are you nerfing my cap?
As others have said before - things that are worth "more" than the exchange cap will sell - and possibly for higher than they're 'really' worth, because there's no visible outstanding system to "show" the set price...
To rob a line: [quote: Mariemaia Kushrenada] Forum Posting is much like an endless waltz. The three beats of war, peace and revolution continue on forever. However, opinions will change upon the reading of my post.[/quote]
So you want more things off the transparent market and into shadow markets of zone spam and personal trades?
If the legitimate Exchange gets more restricted, then more players start turning to black markets.
If the legitimate Exchange gets more available to high-value items, then black markets start to lose traffic.
So, here is the question you need to ask. Do you support legitimate business, or are you in favour of conducting deals with cartels, and operating black markets?
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Let me give you an example. The chances of getting a Vonph Dreadnought out of a lockbox are 1/350. That means on average players will have to use 350 master keys for one Vonph. That's 395'750 Zen. Those ships are currently selling at around 600m EC. In contrast if a player sold these 350 keys he could have made 1,575b EC. Where exactly is the greed here? That ship is a bargain. If you wanted prices to get artificially lowered to your liking YOU woud be the greedy one.
Wether or not you personally agree with a pure capitalist economical system like STO's in-game economy has means you can still inform yourself how that model works. The exchange cap has nothing to do with prices. Inflation, demand, supply and possibly cartels influence the pricing of highly desireable items. Items way below the cap won't get more expensive because the cap is raised and items currently sold above the cap won't get cheaper because they weren't sold in the exchange in the first place.
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I hate to burst your bubble, but those players that are paying over 100 mil for items will disagree with you. And has it every occurred to you why there are little to no Vonph dreadnoughts on the exchange? That would be because the 500mil limit on the exchange means that these items along with a certain others are being sold via private trades.
I would like to put an idea forward for you OP, if your willing to take up the challenge? Buy a 100mil ec worth of keys and start opening lock boxes, and see if you get a Vonph. I was in possession of two, one purchased for EC for friend that cost 750mil and the second I won from the lock box. The first high level ship I've gotten from the boxes i might add. When you begin to realize the odds of obtaining certain items from the boxes, then you'll appreciate the cost involved.
Edit : And I just remembered the limit was reduced because if memory serves and I'm sure someone else can confirm this, but the limit was or is 1 billion on tribble.
-3rd Commmandment of Chivalry
Having a price limit makes no sense whatsoever.
2)theres already a MASSIVE thread on this topic
I'll tell you what's *really* wrong with the exchange: Mirror ships costing millions instead of being the cheap cosmetic item I was used to get when I didn't like the ship shape but liked the ship stats. Tis a deep shame upon the community, it is.
Mirror ships cost millions because thanks to Admiralty they're actually very useful now, rather than just alternate versions of the freebies you get leveling up.
Most unexpectedly, this turned into a flame-fest! Closed it goes!. /sigh What flamefestery is this? pwlaughingtrendy
Pray tell, how would you - faced with the prospects of a black market, interpersonal trades, etc., how would you - besides this "bind immediately after exchange purchase" or the frequently proposed but rarely considered useful "exchange tax (Read: Listing fee) find a way to banish "greed" from the system.
And secondly, you forget that, as one mentioned earlier, spending RL money to buy keys and posting them on the exchange can make one "space rich"...
To rob a line: [quote: Mariemaia Kushrenada] Forum Posting is much like an endless waltz. The three beats of war, peace and revolution continue on forever. However, opinions will change upon the reading of my post.[/quote]
True. And in the way I described the wealth of those "whales" makes very rare items affordable for us non-whales.
Reality check: 350 keys cost 39375 zen in the c-store. That would be roughly 400 USD.
That's what I get for not fact-checking someone else's math. <facepalm>
So the "updated" fact is that $400 and a good stretch of exchange-selling is more than enough to make one a space-billionare, and more than capable of owning whatever they want. More whales then...
To rob a line: [quote: Mariemaia Kushrenada] Forum Posting is much like an endless waltz. The three beats of war, peace and revolution continue on forever. However, opinions will change upon the reading of my post.[/quote]