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dante31
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as a couple others i am new to this forum friend had me sign up because of the eminem/gw vid which was sweet lol. but i recentlly read the post about the economy of gw. does anyone else find this a crock lol. i mean arenanet has constantlly found ways to try and balance the game out but it seems to me 90% of the market is still the same way as it was b4. ppl r still guna sell things for what they think they r worth and when it comes to weapons they never changed. the greens were added and for maybe a mnth the market was crazy but once ppl found that some golds and purples were better then the greens in there own way it capped out. they dropped the ecto price a while ago now its twice as much as it was when they dropped it. and sup absorp went 100k lol.imo the market is never gunna be as stable as they say that they want it to be. not when a fellblade sells for 50% more then a wingblade just cause it looks different. or the fact crystlline swords go for a whole lot even with bad stats. anyone else have an opinion on the market of gw? o and if someone else read what they said did it sound to u like they r doing this because of pvp ppl havin a fair shake at things? cause it did to me and arenanet doesn t give pve players a fair shake at pvp imo. just looking for some positive or negative feedback on this 1 lol
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| 10/20/05 13:00 |
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PsychoJOhnny
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I think there are some players who ruins the game for us people who plays the game fair and square. Other problems are people selling weapons at uber high prices, and there are even more stupid people who pays for it. Well, they can do what ever they feel about their money and their way of playing, before someone bash me. But that practice is just not very intelligent IMO. The weapons I have either was bought from a friend for like 800g or found in the game. IF I can't find an uber Smiting Rod for my monk then I'm cool, I'm not dying for one, I just want to play the game and let LUCK struck me with any valuable loot I can find. PLUS, people buying gold on ebay are annoying.
But as I said it's their money, their time, their game, so I don't care, but that's some of the issues which ruins the game, I guess there are more. Just My Humble opinion.
JOhnny
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| 10/20/05 18:18 |
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Lord_VoxBlackRiver
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Anet never tried to make the economy completely flat and straight. But from time to time they make sure normal players get their stuff too. Actually if Anet wouldn't be so effective at keeping the market to a bearable level you'd see a lot of items selling around the meg.
Don't forget, some players spend 99% of their time farming... and still in the arena there is no god millionaire but skilled players.
;)
Intelligence is like a river: the more it's deep the more it's silent
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| 10/20/05 18:26 |
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Mann
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So tell me how are people stupid for buying things at the demand of the suppliers? They have the money. They must have done something to get that much eh?
Anyways. Right now, nothing we can do about it. If one person doesn't like it, that same person doesn't have to be involved with it. Money isn't the main part of the game. If you feel things are overpriced, maybe you haven't been in their shoes. One reason is because they follow. They have seen people sell things at a high price before, probably lost a lot of money in buying one thing, and know that it is possible to make a quick plat in selling things for that much.
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| 10/20/05 19:04 |
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dante31
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ok there was a recent interveiw with an arenanet employee on the main gw site. now in this interveiw from what i understood from reading it was this
1. that places r being tracked for farming
2. they want equality of pve and pvp
ok y is this? y would they check for ppl farming the mad uw harder to solo y? imo solo monks only helped the market ppl needed ecto solo monks went and got it what is the problem with that?
and y make it easier for pvp players to come play the story mode when for a pve player goes to pvp he cant get a team cause e1 wants rank 3 or more
so if these r the 2 cases, y do they wanna try and control the market? imo y take the time to track and to change things if ppl r still gunna continue to control the market arenanet only controls the make up of the game not how its run
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| 10/20/05 19:59 |
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blackphoenix
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I think there are 2 different economies in this game.
1. The one that ANet established with the merchants, traders, and the players that try to go along with it.
2. The one with players that try to sell their junk at uber high prices.
For the first one you can help improve it by selling the items you get at the appropriate traders.
Sell dye to dye traders
Sell items to merchants
Sell runes to rune traders...etc.
By doing this you are increasing the supply of the items which in turn dropps the prices. Also, according to ANet, buying gold off ebay or anywhere else screws up the economy of the game. So, don't engage in that and encourage your friends to not do it either.
As for #2, the only way to not have to deal with them is to quit playing. It is in human nature to get as much as you can for as little as you can give.
ANet can only do so much to keep the economy in balance. The rest is up to us.
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| 10/21/05 08:40 |
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lani
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| QUOTE | I think there are 2 different economies in this game.
1. The one that ANet established with the merchants, traders, and the players that try to go along with it.
2. The one with players that try to sell their junk at uber high prices.
{snip!}
As for #2, the only way to not have to deal with them is to quit playing. It is in human nature to get as much as you can for as little as you can give.
ANet can only do so much to keep the economy in balance. The rest is up to us. |
The second economy was intended I believe, or at the very least anticipated. ArenaNet may have a large number of Nerds on it's staff, but even they understand that much about human nature and social interaction :-)
What they seem to have underapreciated is how much of a seller's market this would become. Seller's market == High prices, buyer's market == Low prices. The market has become a seller's market through a number of factors:
1) Most sellers are farmers and they know there are atleast some people who have the outrageous prices they ask. This is something which starts at an acceptable level, but started growing exponentionally at some point.
2) The market is not transparent, in that you can't window shop and compare prices. Something which an auction house may partially fix, but not completely. The latter due to the fact that most items have random stats and it's a lot harder to stabilize prices on items of diverse internal make-up then it is items which are in all ways equal. Point in case, the Green Items prices seem to have stabilized for the most part. Unfortunately some of them have done so on outrageous levels.
3) Most people don't really understand market economics and will always try to mximize their profit on single sales instead of selling multiple items for a lower price, despite the fact that this has been proved again and again to generate more revenue. It's not just GW players who make this mistake, some august *cough* bodies like the RIAA and MPAA also make this mistake of thinking that the body of sales/demand will remain the same if prices grow.
4) There's an odd mind-set going on where only 'perfect' items are valued (overmuch) and nearly-perfect items are considered almost worthless. This wasn't like this in May for instance, but it's been firmly entrenched in most minds since July.
I think it's this last factor which is keeping the buyer's from universally stick up their middle-finger to people charging 100K++ for items and has, in my view, the most detrimental effect. A lot of people do refuse to pay outrageously, just not everyone. As we know from the recent article by Anet/NCInteractive, the high-end market is relatively small, but they keep prices up for everyone.
As long as people think that trying to sell a nearly perfect item to other players is a waste of their time, they won't get sold much. That's a shame as about 90% of your potential customers won't be able to pay (or will refuse to pay) for your 'perfect' items. The market as a whole would be a lot more healthy if people let go of that mindset.
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| 10/21/05 09:27 |
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dante31
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i totally agree with the fact that the players run the most of the econonmy. i sell everything to the merchants. ppl wanted to cry about the solo monk well i used to sell ecto s to the merchant so the price would lower there were a couple other monks i know that used to do it as well. but we still were shunned for being solo monks and trying to help out ecto prices lol. even though ppl r gunna sell stuff for 3 times what it is worth other s r gunna sell for what it s worth if im in dire need of something i just wait till i c it for the appropriate price.
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| 10/21/05 09:33 |
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agrios
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There are wackos of all types..
No item worths 100k.
But there are ppl trying to sell crappy items at ripoff prices and when you try to make them come back to earth they simply reply "Its expensive but it is the price you noob".
Some ppl tried to sell me a Malinon shield for 100K! LOL!!
Unid shadow bow for 60K !! lmao!!
Some claim that there are items that worths over 300k?! rotflamo!!
But why there are prices like this? Because there is people wich so much money, many pro-monkees have about 800k~1mil. And some of them are dumb enuff to pay that ridiculous prices.
Its all about offer and demand.
I never paid more than 5K on a trade.
And about that Fellblades, they are just as FoW or 15K armor = Vanity Gear.
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| 10/21/05 09:50 |
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blackphoenix
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Bad choice of words when I said to quit playin. I should have said to just ignore them and most of all don't buy their items. I don't believe anyone should quit playin just because someone else is over priced items. My apologies.
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| 10/21/05 09:51 |
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Lord_VoxBlackRiver
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To quote Anet by memory, they say their stats shows that 75% of all GW accounts dont have more than 20 platinums.
This means a very simple thing: ALOT of peeps out there just play the game, use what they find and probably have no idea what this or that is worth. In that category there must be a fairly large number who just don't care about the economy.
Somehow I can't help but think that those who make the live economy are the one that really complain about it.
When it comes to us, experienced MMORPG players, we always find a way to go around and get our gears at some point. It is sometimes ridiculous for us to see the price put on certain items, but at least we are informed.
So far GW as been, in my experience, the only MMORPG that managed to keep the economy under a certain control, so far. I too, like many others, have given up trying to sell most of my stuff to other players and started to use merchants, instead. Still ppls are ppls... and last time I wanted to clear my inventory of green-gold-purple items and sold them directly to players for maybe 1/4 of the price...the complains I've heard were not from other sellers accusing me to sink the economy, no! It was from the folks who bought from me at the low price I set and then called me n00b and stupid for giving these away for that price.
Fact is, they didn't have the gold to afford what they got from me at the normal price.
yeah, it's a fact... those who make the prices so high are not the sellers but, like Mann said, those who are willing to buy at a ridiculously high price. Well I'm out farming my own stuff.
Be well
***THIS POST HAS BEEN EDITED***
Intelligence is like a river: the more it's deep the more it's silent
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| 10/21/05 09:59 |
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Nihilith
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I've already tried, in LA, to sell a gold hammer (not amx dmg, maybe 10-28, can't remember) with correct mods (health +10 while >50%) longer enchantment +13% for 200 golds (bought 146 by merchant)... all i receive was a : "Stop flooding u noob, u selling sh1t"
Thought that could help a mid-lvl char but whatever
Sigh..
***THIS POST HAS BEEN EDITED***
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| 10/21/05 10:14 |
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lani
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| QUOTE | | and last time I wanted to clear my inventory of green-gold-purple items and sold them directly to players for maybe 1/4 of the price...the complains I've heard were not from other sellers accusing me to sink the economy, no! It was from the folks who bought from me at the low price I set and then called me n00b and stupid for giving these away for that price. |
I've had similar experiences. One time rather recently I jumped to another district of the same City (LA) to meet up with some guildmembers going on a Quest. Upon arrival I noted my buyer offering the item I sold for 5K for 50K in that district.
I used the same Local Channel to publicly state that I considered the item in case to be worth 6K maximum, which prompted him to skip to another district I figure, as he disapperad of the Local Channel.
Not much else you can do about that I guess.
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| 10/21/05 10:14 |
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Sroth The Dead
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There are deffinately improvements to be made. Last night, I spent a number of hours trying to sell 2 gold axes. They were good. 6-22 and 6-28. I even kept the price noob friendly. Instead of the 10-15k most end up going for, I lowered them as far as 1k. In the end, I sold one to an NPC for 200g, and tried to salvage the other for the upgrade. Got wood planks instead.
Something needs to be done about trading. I still have a number of runes I can't get rid of.
Sroth The Dead: N/Me lvl 20
Ullr Hoax: R/x lvl 20
Sir Rhuk: W/Mo lvl 20
Open PvP slot
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| 10/21/05 10:26 |
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Mann
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All about supply and demand, and... preference! :p One man's junk is another man's treasure.
People sell their items at high prices because they have already experienced people buying items from them, or have bought items that are almost the same for the same price. If you don't want it, don't buy it. If you feel the price is too high, well that's just you who have just joined hundreds of others. Move on. There is much more than money of the game.
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| 10/21/05 10:27 |
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Lord_VoxBlackRiver
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Well said.
Oh BTW you do realize that there are ADs on this very site encouraging items and gold trading for real life cash? lol
Ads by Goooooogle
Buy GW gold at WGSeller.com 24/7 Instant Delivery/ PLing
www.wgseller.com
North American GW store
63$ per 1000k. Great service and point system, 24/7 North American
www.mmorpg-shop.com
And D2Items.com on the right AD bar ;)
***THIS POST HAS BEEN EDITED***
Intelligence is like a river: the more it's deep the more it's silent
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| 10/21/05 10:35 |
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Sroth The Dead
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| QUOTE | | If you don't want it, don't buy it. If you feel the price is too high, well that's just you who have just joined hundreds of others. Move on. There is much more than money of the game. |
uhh... :P I was selling. not buying.
Sroth The Dead: N/Me lvl 20
Ullr Hoax: R/x lvl 20
Sir Rhuk: W/Mo lvl 20
Open PvP slot
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| 10/21/05 18:28 |
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