AN Open Call to ARENA.NET to sort out the economy.

Not sure if this is the right place…

Anyway it seems the traders have become worse than some players, the supply and demand thing has gone out of the window. I just looked I can buy Silver Dye for around 1700gp, which is a tad expensive, however I can sell it to the trader for the grand sum of 40gp. WTF happened.

I’m my mind Supply and Demand means the cost of items dictates the supply and the demand, so it would seem at the moment people are selling shed loads of Silver Dye to the trader, so the buy price is 40gp, yet they are buying a lot more hence the Sell price of 1700gp.

Ether the Supply and Demand system they have is RED ENGINE GORED ENGINE GORED ENGINE GORED ENGINE GOed, or some guild has found out how it works and is exploiting it so they can sell their stocks of items, direct to players.

Why not have a simple price based of the stock of the dye trader. Say Silver sells at 1000gp, and buys at say 25% off the sale price, which would be 750gp. He would have a base starting stock of say 1000 Silver Dyes. Then for every one sold the Dye price goes up by 1%, and for every one bought it goes down by 1%. It’s a simple system that cannot be abused, and people know what the prices are going to be like. Every Dye needs to have a base buy and sell price, so it won’t go to mad. So say Base Silver Dye price could be 250gp selling, and 25% off the sale price.

Because it’s quite obvious the current supply and demand model is buggered, and at this rate the economy will never recover.

This issue not only effects dye, but Runes and Materials as well. So Arena.net please sort this out, the game is being destroyed by an obviously broken system.

I truly rue the day this game became a CNN/Money show.

I definetly agree that the economy is not doing so hot. It needs some type of change

Sorena Mascar

yeah and how many times have we heard about the economy.

i would say 25% off; of how often we heared about UW soloing... :P

OK get this

Warrior Rune of Minor Tactics 4800gp
Warrior Rune of Superior Tactics 298gp

Trader buys Minor Tactics at 25gp

I think someone or some guild has found a way to manipluate the economy, otherwise why such a big disparity between Minors and Superiors. And buying and Selling prices.

I think they should scrap the supply and demand system because it's broken and go for a fixed rate system as I suggested.

i know what you mean, i had a few dyes which i found and had a look at the buy price...

it was incredibly high (about 7k) and i decided it would be a good time to sell, i was offerd (by the trader) 20gp!!! i mean WTF???

The problem is, this game required a generally high level of intellegence to play, especially in PvP. Those with brains are not going to play this game and think the economy is ok where it is.

I tried to sell a black dye to the trader yesterday. They offered 160 gold. Then I went to go buy one, for 16 plat. What the go engine red go engine whatever?

Yea, ok I see why everything is screwed up. No one will sell to the trader for insult money, and the trader has a supply, so the screwed up system based on goods brought in vs. goods bought needs to be updated. If there was some incentive to sell to the trader, I could see it working, but right now I'll just ditch my stuff so that it doesn't take up room my inventory for "all those gold items I keep getting."


Note: area in quotations is intended to show extreme sarcasm, the word extreme should not be taken lightly. Any misunderstandings on this should be directed to the director of sarcasm at 1-800-Misconceptions

here a good example.. Black dye, i mean what so special about black dye that it have to cost you 20k or more to buy just one of them. I wonder why A-net never put gold dye on every dye trader in the game?

Sup Vigor and Sup Absorb (~170k for both) are at very high prices right now, it isn't fair to "newer" players as i paid around 60k for both ~(28k+35) a month ago or so.

A fixed price system for dyes, runes and materials (excluding rare mat.) would stable the economy and decrease inflation IMO (as gold is so worthless at the moment).

I hope this will help.
From my conclusion,

Dye Trader is one thing.
But the merchants and the material traders are running on the same engine. It's a bit hard to explain but let's say:

If they fix the economy with the common and raw materials, it will effect the economy on normal items. If you knew programming, you'd understand.

Umm, if you knew economics, you would understand. I don't see the relevance of this statement, though.

Programming an economy is no different than running one. Let's get that straight right now. The ONLY differance is the language, and the ability to demand adherance to the rules.

becasue of the way the supply and demand system works it seems you can buy a trader out of it's stock, the buy back price will go up, as will the sale price.
however their seems to be some delay in this so the buy back price goes up before the sale price. Then you sell all the stock you have, back to the trader and make massive profit, as this happens the sale price sky rockets, and the buy back price plumits.

I know their is a differant delay between them both, but i'm not sure how it's balanced. If their is some disparity at points then it could be abused.

Some mod with a good sense of humor please merge all these clone topics please

Anet needs to learn that THIS IS NOT EFFING EVERQUEST. If this game was designed for casual players (which they say it was) then it should be fair to all players. The economy favors people who farm a lot and can check prices every day to buy/sell at the best times. That's not fair. They need to just set the effing prices at a solid, reasonable rate so that EVEYONE has access to everything, as they claim is their goal.

Read the frikken letter on the official website. They are working on it. You expect them to be able to wave a magic wand and all the problems are gone away? It takes planning and it takes time to program. THEY ARE WORKING ON IT! Complaining won't make it go any daster.

Correct, the system is flawed

*strongbad voice techno music* THE SYSTEM IS DOWN! THE SYSTEM IS DOWN!

But really though, the actual true problem probably lies at the traders themselves, they wanna stick ya with really disgustingly low sell prices so your like "hmmm, they sell for 15k but will buy for 1k, thats a bunch of bull plop".

So you end up not selling to the trader for the insult price, so you instead spam up the trade threads for your black dye to at LEAST get half price. (It took me 2 weeks to sell my black dye for barely over 6k that i found in PRE-SEARING).

So then you have the traders with still a low supply (thus higher price) and the rich that can still in some way AFFORD these luxuries just take away more supply and even have the occassional out of stock item.

Way to fix this in the long run? Have traders buy at least decent prices, this is just sad, if you had traders buy at 50%, I GUARANTEE you the economy of the game will at least make a very decent jump back to normalcy.

In a nut shell, traders buy at crappy prices, players dont sell to them, still same demand, but lower supply, higher prices.

Everybody says to give it time, but if they actually been watching ITS GOTTEN WORSE AND IT WILL ONLY GET WORSE!

the trader was offering 11 plat + a few days ago for black dye (i had 5 of them...........and i still have 5 of them)

everybody is complaining about a fresh game sorting itself out

lets see where it is ..

by Christmas
by the second chapter

in the meantime we will have complaints frpm the hard core pve, pvp, and wanna be tycoons, not to mention wanna be agriculture tycoons

and ..........

Anet is working on it, but yea its pretty ridiculous. i've watched rune prices double up twice in the past two days. geez. And the other day yellow dye was at 1.3k. YELLOW?!? anyhow. things are definatley going nuts with the traders right now, but hopefully my patience will pay off and anet will fix the problem so i can sell my stock of dyes for more than 25gp to the trader.

a month and a week ago it was 200k for both.

imo everything should just be free!

Just like in the real world, the poor shall whine and cry out for "justice", "Equality", "steak and ales" lol. Sorry folks, everyone can't be rich, that's part of the game too. For those of us with unlimited time on our hands the economy belongs to us. So, get out there and grind grind grind for your pennies and nickels and prepare to pay the dollars and plat for what you want. > That's just part of the game, supply (I suppy it) and demand (you demand it so pay the price).

All your monies are belong to us. hahahahaha

Red, don't be a jerk. This isn't designed to be a game like that. Go play Effing Everquest, as a poster up there referred to it. This game has been from conception intended to nurture both people with more time on thier hands than life, and the casual gamer who wants to come home from working all day and whale on stuff with a sword.
As for people who say give them time, yeah I understand that, but THEY HAVE WORKING CODE. When I started the traders worked bloody fine, it's only recently they're screwed all to hell and back. Rollback to the old trader code until they fix the new stuff!

I say take out the RED ENGINE GORED ENGINE GORED ENGINE GORED ENGINE GOing NPC vendors (aside from the merchants) and be done with it.
Let people dictate the goddamn supply and demand, not some shit-headed NPC who will pay 1/1000 of what he sells something for. It's the vendors that are really throwing the economy into decay. Sure they may have brought down the price of superior vigors/absorbtions, but have you looked at the prices of MINORS now?
I used to sell them for 200-400 each. Now most of them cost over a thousand.

I vote set prices for dye and dont allow fluxuation. this is rediculous.

I know the problem here.. because I encountered the exploiter. Somehow, he's managed to find a way to buy items from traders at no cost. This is why Black Dye got up as high as it did. He bought tons and tons and tons of black dye, for free, knowing that it's the most visually appealing colour. He then sold it for about half the price. Everyone thought it was a deal, but he was hosinh the entire economy. I tried to report it, but something got messed up along the way. I still may have screenshots of him admitting it all to me.

If that's true, let's hope the bug will be fixed within the next 24 hours.

Black is appealing? Since when?
Is looks good on some armor (mesmer's enchanter's attire e.g), but that's about it.

You tried?
What's to try?
You do, or you don't.
And even if you do have screenshots of your converstation: What makes you think the guy told the truth?

/Signed

With this economy we have now, it guarentees that I and thousands of other Monks will NEVER get superior monk runes...

~Veripare

What economy. i dont see an economy. all i see is items for sale to the people with 105 monks. I jumped on this bandwagon of sky rocketing prices. Once a day i write down the sell prices for crafting materials. Yesterday Granite Slabs X10 were going for 100gold. Sounds small but they have been at a flat 30gold for days. i sold out. And the runes well forget buying runes. 3 days ago i was going to buy sup fire for my ele. It was 9k at the moment. Eh reasonable. I didnt have the change at the time so i started saving the extra 4k i needed. Go back next day. 15k WTF 15k FOR AN ELE RUNE!!. go back today 25k WTF 25k FOR AN ELE RUNE!!. so ya ive prety much given up. Sadly Sup mesmer runes are or were basicly free.

Anybody remember when you could buy black off of a plyer for 4k. yellow 100. silver 500. That was big money back then. now thats pocket change. What has this turned into

The economy is RED ENGINE GORED ENGINE GORED ENGINE GORED ENGINE GOed - kill the NPC traders. Or at least, for the love of god, reset the damn things.

And if you encouraged an exploit, shame on you *waggles finger*