The economy is better than ever after the latest update

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hydrak
hydrak
Krytan Explorer
#1
First of all, stop all your cries about "economy crashing". The economy is at its best right now. No player or group of players who can dictate the economy by messing with the buying prices from the NPC traders.

Here are the examples:

Ecto = 10k gp
shard = 3k gp
black dye = 5k gp

These are the prices that you can buy the above items from sellers. Sellers can't jack up the prices based on buying prices from NPC traders. If the sellers don't like to sell their items at these prices, they can always go and sell it to NPC traders for 100gp (smart move!).
n
noblepaladin
Krytan Explorer
#2
Or the sellers can just refuse to sell to the NPC and collectively increase their prices which will cause something like what is happening now with silver dye raising up to 2k gold and black dye is approaching 10k gold and not a Ecto or Shard remains in the trader market. I shouldn't have sold my black dye 2 weeks back to the trader for 3.5k gold because right now I could have sold to a guy for double.
teny10
teny10
Frost Gate Guardian
#3
That reminds me, I still have my black and silver dye.
Kuku Monk
Kuku Monk
Wilds Pathfinder
#4
I have 6 silver and 2 black For a while there silver was the only color dropping for me...then purple, and now it seems all I get are oranges.
D
Drakron
Krytan Explorer
#5
Quote:
Originally Posted by noblepaladin
Or the sellers can just refuse to sell to the NPC and collectively increase their prices which will cause something like what is happening now with silver dye raising up to 2k gold and black dye is approaching 10k gold and not a Ecto or Shard remains in the trader market. I shouldn't have sold my black dye 2 weeks back to the trader for 3.5k gold because right now I could have sold to a guy for double.
Tell me about it, I sold my only shard for over 1000 gp and its hard to get a market price since they are always out-of-stock.

Rune prices also gone up but I think its more due to players starting to sell ID armors to the merchant (since they were worth more that the runes) that anything else.
Ultimate_Gaara
Ultimate_Gaara
Desert Nomad
#6
im yet to see any negative effects of the econ, infact i bought red dye for 200 gp less than the old fixed price, now thats sexy

i agree sometimes things are a little high, but its not like anyone or anything is forcing you to buy it right then right there, shop around like in real life check every now and again, thats what i do and i save more money than ever before
S
Spike
Jungle Guide
#7
rune prices are still rock bottom i got offered 3 times as much for my MINOR vigor as i did for both my sup runes COMBINED. There IS NO economy any more its been TOTALY destroyed.
I
Izzy Izumi
Frost Gate Guardian
#8
I'm kinda happy that I bought my Sup Rune of Expertise and one for Beast Mastery for 357gp and 135gp, respectively, at the Trader. But, it does kinda blow that I have to work so hard just to get that one extra platinum. =\

So much so that I went and got the Skyward Reach Ascalon Bow instead of waiting for someone to have a cool one for only a few k.

And, as far as dyes. Yeah, the prices are way off kilter. Luckily, I have two Silvers on my person...good thing I didnt' get rid of 'em! Then you have the other colors, which don't go for much at all. There goes my way of making money.
Kha
Kha
Sins FTW!
#9
Quote:
Originally Posted by Kuku Monk
I have 6 silver and 2 black For a while there silver was the only color dropping for me...then purple, and now it seems all I get are oranges.
All I get are silver and blue. Maybe I will start selling dye now, before the economy gets screwed up again.
A
Axle_Fieshe
Banned
#10
i got a sigil for 40k from the trader. so i am happy.
H
Hookecho
Academy Page
#11
I'm even starting to question some of the things the traders are doing now.

I picked up 1 more Black dye than I needed the other day and later last night figured I'd sell it back to the trader rather than sell on the trade channel becuase it was taking up a space in my pack.

So i head over to DF and see 10.6K selling price on Black....yikes....I bought mine for 5K or something.....

I check the buyback price.....1g

WTH?

A 10K price tells me that the trader is low on black...thus he is willing to by to meet demand but 1g is freaking stupid.

I'm starting to think some well funded guilds are doing what the energy traders in California did a few years ago to energy prices. manipulating the market......someone want to explain this to me?
PhineasToke
PhineasToke
Lion's Arch Merchant
#12
Ah yes, everything is fine, move along, nothing to see here.
Reiden Argrock
Reiden Argrock
Krytan Explorer
#13
um, no everything is not fine, yesterday I sold a minor sword for 400g, thereabouts, and 3 superior runes brought in 75g, this is not a good balance. Due to merchants running on supply and demand, their isn't much that can be done, except change min price for certain items, I don't think all runes should have the same min price.. They finally took ecto and shards off of merchants, that was good, as for dye's, well, their novelty items, so, if your at the point where you just want to look good, then you probably have plenty of money, and so high prices for dyes are good.
newfangle
newfangle
Ascalonian Squire
#14
I don't know if its been said, but....

ecto is the new soj. This is the beginning of the end.
Racthoh
Racthoh
Did I hear 7 heroes?
#15
Quote:
Originally Posted by newfangle
I don't know if its been said, but....

ecto is the new soj. This is the beginning of the end.
At least the Soj had a purpose unlike ecto which is only used to make you look pretty.

And the economy sucks. If the trader is going to be selling black dye for close to 10k, then why the hell will he only buy it for a fraction of that price? That has to be the dumbest system I've ever heard of. How can he keep a supply in stock when he offers crap prices to anyone that tries and sell it to him? I mean, just look at the traders. They don't look like they could solo FoW or UW to harvest Shards and Ecto.

I shouldn't have to take a course in economics to make a virtual fortune.
MSecorsky
MSecorsky
Furnace Stoker
#16
Quote:
Originally Posted by Racthoh
At least the Soj had a purpose unlike ecto which is only used to make you look pretty.

And the economy sucks. If the trader is going to be selling black dye for close to 10k, then why the hell will he only buy it for a fraction of that price? That has to be the dumbest system I've ever heard of. How can he keep a supply in stock when he offers crap prices to anyone that tries and sell it to him? I mean, just look at the traders. They don't look like they could solo FoW or UW to harvest Shards and Ecto.

I shouldn't have to take a course in economics to make a virtual fortune.
You know what the traders are based on... think about it, it's pawn shop economy. They'll buy from you for a fraction of the value, jack up the price and sell.

Epiphany. They're freaking pawn shops.

Without DVDs.
c
coleslawdressin
Krytan Explorer
#17
"The economy is better than ever after the last update"

If you are an ebay gold seller?

Trader selling for 10k and buying for 1gp is not in the spirit of supply and demand.

If this isn't fixed I will not be buying an expansion and I don't think I am the only one.
MSecorsky
MSecorsky
Furnace Stoker
#18
Pawn shop economy. No competition, small operators with monopolies in their respective towns. There's no reason for them to price things differently. I'll give you two dollars for your chainsaw and sell it for forty.

In that respect, the economy is working perfectly.

You all won't be happy until Wal-Mart sets up shop, will ya?

If the merchants had weekly or twice a week resupply and were programmed to unload their supplies before the next restocking, plus had competition from like merchants in the same town... then we can build on a real economy.
ManadartheHealer
ManadartheHealer
Desert Nomad
#19
Quote:
Originally Posted by MSecorsky
If the merchants had weekly or twice a week resupply and were programmed to unload their supplies before the next restocking, plus had competition from like merchants in the same town... then we can build on a real economy.
That sounds excellent
Stev0
Stev0
Lion's Arch Merchant
#20
Yeah it's such fun jumping around from district to district to sell items to people who ignore you.