Since Exchange Fees are on the new Engineering Report I hope that someone would explain how they are going to do this?
I hope it is some kind of scale that really hit anything over 20 million.
I support the idea of an Exchange Fee. I do spend a lot of my time on the exchange buying and selling. A matter of fact my main character crafts and plays on Elite so I can get better drops to sells and anyone who plays on Elite will tell you it's a lot of work. A mission can take up to an hour to complete and we should be able to sell our blue and purple drops at a good price. Playing a Elite is not fun for me but selling the drops on the exchange is.

What I do hate is went I see stuff listed at prices that no one can afford because someone is using the exchange for storage. This makes it harder to find the right price to listed items for. I have no problem if someone can get 20 million for a Saurian BO with efficient though I would never buy it for that price. I think the most I ever sold 1 item for is maybe 2.5 million credits. And I most I spend one one item was Aux to SIF 3 for 2 million.
I do know players with over well over 100 million credits and they are not gold farmers. They play PvP and Dallies like everyone else but they do try to get the best deals for the stuff. I wish I had that much credits.
STO is my first MMO so I have no experience with exchange or gold farmers though I been told that they spend time in Kerrat or DSE just hanging out doing nothing.
Fees need to be reasonable so not to discourage honest sellers but at the same time it needs to hurt those used the exchange to store stuff and gold farmers. Fees will not stop a Purple Phaser Relay Mark X for selling over 1 million credits but it will stop someone from listed a BO with no special skills for a 20 million.
Comments
Say you list something at 20,000 credits. If the fee is 10%, you pay the exchange 2,000 credits to list it to other buyers.
If nothing else because of principle, but also because of profit depending.
The one thing about fees that do worry me is the low end stuff. There are stuff I sell that I only make like 200 credits on like uncommon personal weapons. Fees could stop these items from being listed at all. If the vendor recycle price is 40% of value and we can't make that reasonable profit on it more people will just vendor trash it and not listed taking it away from people who do buy this items. For me if I can't get at least 50% of value I will just trash it.
For this reason a flat fee would not be a good ideal. Maybe a program that take the value of the item and the percent of the exchange listed price to give us a fee. Just thinking out loud.
I hope the listing fee goes to a much higher percentage of the price once you get past some really high figure like 10 million EC. That will help curb inflation but will not be enough by itself. At least that wont hurt new players.
Though I agree with a starting price level but fee over 35% for 1 million I don't. I work hard for my drops on Elite and this would be way unreasonable. If you take away the reason to get these drops people will just stop trying to get them and you will see less and the prices will go up even more. The more of the items listed the better the prices will be because of competition. Simple supply in demand. If anything increase blue and purple drop rate on Elite will bring prices down because there will be more players listed this items causing them to compete for buyers.
and how unreasonable is 1mil+ for a rare phaser relay of any lvl?
The problem is that what YOU find reasonable, may not be for someone else. And what may not be reasonable for you may be very reasonable for someone else. No ONE person can decide. Not you, and not me. That is why it is called a 'market'. The prices are supported by what people are willing to pay. If absolutely no one is willing to pay 3 million for a Boff with Aux to sif 3, the price will come down. The reason it is that price is because the market supports it, ie some one is willing to pay 3 mill for it.
Price controls don't work. Never has, never will. You can put price limits in, but the items that you want will disappear off the exchange. If I had a very nice item that I believe is worth 5 million, something that it took a lot of work to get playing elite, I would just sell it privately. If there is a fee, I will just pass it along to the buyer. Anyone here own a business? If your costs go up, you pass it along.