test content
What is the Arc Client?
Install Arc
Options

Dil Exchange Hike

jelly0jelly0 Member Posts: 560 Arc User
In less than a week it went from 89 to 105 and this was nearly a week after the JHAS inclusion ???

What gives.
Post edited by jelly0 on

Comments

  • Options
    tc10btc10b Member Posts: 1,549 Arc User
    edited March 2013
    Lots of people are buying zen with dil to get a JHAS. Supply and Demand
  • Options
    jelly0jelly0 Member Posts: 560 Arc User
    edited March 2013
    tc10b wrote: »
    Lots of people are buying zen with dil to get a JHAS. Supply and Demand

    Then why didnt the price rise the first 7 days ?
  • Options
    tc10btc10b Member Posts: 1,549 Arc User
    edited March 2013
    Because there was a supply of it which was plentiful. Prices hike when the supply decreases. Also people have been playing the market which will have a factor in it. Remember the rate is set by the players not Cryptic/PWE.
  • Options
    hevachhevach Member Posts: 2,777 Arc User
    edited March 2013
    There was also talk about a bug causing purchases to get stuck and unable to withdraw, so some of the big rollers have avoided the exchange until they know it's not happening.
  • Options
    jelly0jelly0 Member Posts: 560 Arc User
    edited March 2013
    tc10b wrote: »
    Because there was a supply of it which was plentiful. Prices hike when the supply decreases. Also people have been playing the market which will have a factor in it. Remember the rate is set by the players not Cryptic/PWE.

    So the quicker people buy it the more it goes up and vice versa ?
  • Options
    boglejam73boglejam73 Member Posts: 890 Arc User
    edited March 2013
    jelly0 wrote: »
    So the quicker people buy it the more it goes up and vice versa ?

    No (but kinda yes, based on perception by the buyers/sellers) but people had an already existing supply to convert. Once they burned thru that supply, they have to get it thru the exchange. Once the sellers on the exchange realize there is increased demand for a finite supply, the price goes up.

    Think of it like the price of gasoline - as soon as a refinery fire happens, the price at the pump goes up ten cents a gallon. Doesn't matter that other refineries can make up the loss in production, or that the effect of the refinery fire won't reach the supply chain for 4 weeks - the price goes up as soon as the perception of scarcity enters the equation.
    [SIGPIC][/SIGPIC]
  • Options
    jelly0jelly0 Member Posts: 560 Arc User
    edited March 2013
    meh, was saving up for something and was gonna buy some zen but only had enough if it was 93 max but last couple of days BOOM gone up like a shot. oh well

    btw, I thought the doff packs were going to be on offer until they were removed (Refering to fleet ofc)
  • Options
    boglejam73boglejam73 Member Posts: 890 Arc User
    edited March 2013
    jelly0 wrote: »
    meh, was saving up for something and was gonna buy some zen but only had enough if it was 93 max but last couple of days BOOM gone up like a shot. oh well

    btw, I thought the doff packs were going to be on offer until they were removed (Refering to fleet ofc)

    Just give it a week or two and the price will be back at 93. 93-96 seems to be the equilibrium point when there isn't something really-really-really desirable stuffed into a lockbox or doff pack.
    [SIGPIC][/SIGPIC]
  • Options
    rezkingrezking Member Posts: 1,109 Arc User
    edited March 2013
    boglejam73 wrote: »
    Think of it like the price of gasoline - as soon as a refinery fire happens, the price at the pump goes up ten cents a gallon. Doesn't matter that other refineries can make up the loss in production, or that the effect of the refinery fire won't reach the supply chain for 4 weeks - the price goes up as soon as the perception of scarcity enters the equation.

    ^^^this is the best analogy I've read regarding Dil exchange :P
    NO to ARC
    RIP KDF and PvP 2014-07-17 Season 9.5 - Death by Dev
Sign In or Register to comment.