Sell stuff to the armory? yes this is another poll...

[Jon_Deciple]

Ok its no secret that the ecenomy now sucks...

Straight up. Sucks. Lvl 8's sell for like 10 mills if your lucky, denaes is saturated. Noobs are fighting in rothar at like 10k fights, people accumulate more and more gold, decreasing the value of the currency, i think everyone can agree that somthing needs to be done...

Ok so theres a few solutions... we could nuke everything in denaes... not a good solution. We could reduce the number of drops from mobs... people wouldnt like that either.

I think we can agree theres too much gold kicking around, and too many rares collecting dust. I have a few suggestions for gold sinks in other topics (see paying to change stats) so lets move on to somthing else...

I suggest allowing the armory to buy rares. Not sell, but buy. Now hear me out... If people know they can get 25 mills for that DSM, why would they sell it for less on denaes?

Good idea? Bad idea? post your own solution...

*edit*
Quick recap... Az was against the idea wholeheartedly... i admit i didnt understand a lot he was saying, but it had something to do with gold not being worth anything if this were implimented... Gold sinks should fix that... he also said something later on about noobs not being alble to afford lvl 8's... well IMO thats a good plan, because if you start off with the best stuff theres nothing to work towards...  Make your own opinion. Give everything a read before you post, there were a LOT of interesting things said.

[Acdc]

and second i think the idea is ahh ont care if it happens dont care if it doesnt

[_Ares_]

i think it should be like that but we would need a gold sink to. or atleast just make them buy lvl 8s for 15 mil without a gold sink.

I personaly save gold and buy supers wich are getting way to cheap aswell b/c of the amount of gold that is around. It would be neat to be able to buy a sprite for ur character for 2bil+ gold

[Jon_Deciple]

suggest one. God knows im tryin here....

[Acdc]

no like 1bil cause then maybe some year i would be able to raise that much but 2bil hahaha nvr

[_Ares_]

HR its supposed to be a gold sink not something u just easily get

[Acdc]

dude 1bil easy HAHAHA i havnt had that much gold in my life on acdc and rath combined

[SamAdams]

Seriously Ares... how many people have ever even had 500mil in their bank... like 20 or 30 tops?

[Acdc]

* Heavens_Rath is about to have 330mils

[Astraeus]

I'm confused, how can selling items for MORE then what you could get in the open market, help an economy that is oversaturated with gold already? Even in conjunction with some type of gold sink program, it is not a good idea. By giving people MORE then what market forces dictate would cause more currency depreciation.

And I will say it again, low price level is not indicative of a bad economy, just because someone won't pay you what you feel is a good price, doesn't mean the economy sucks. You can say the prices suck, but that is only one facet of an economy.

EDIT: In grad school, a guy I knew did his thesis on virtual economies, and determining their gdp's and such, and tracking their growth over (real)time. If I could find his email address, maybe he could provide some insight on a more quantitative assessment of our little economy

[_Ares_]

ok first the economy does suck

i try selling lvl 8s at 7mil a piece and no one even thinks about it.

selling lvl 8s to the shop would make less lvl 8s making them worth more than what shop will pay for them and bring the prices back to where they were a year ago to about 25 to 40 mil depending on what it is. it would go up and back down to say 20 mil(store price) and go back up. The economy would keep droping in falling in that way keeping it steady. Its just like when the government sets a price floor on something so that no one can sell the product for less than a certain price so they can keep the economy at a good spot.

And yes it may be more gold but it wont be more than it was a year ago. Then if we add gold sinks there will become less and less gold.

Yall said not many people have had over 500 mil in there banks. There is a good reason for that. Most people like me dont like keeping more than 500 mil b/c 500 mil = a super. but if we make gold sinks people start saving money instead of spending it. Then when everyone spends alot of gold on the gold sinks there well be a big drop in gold making there less gold and gold would be worth more. It will build back up to where it is now but it will fall again when the money is dumped into the gold sinks. This is how every real world economy is, Risses and falls making everything even out.

[Jon_Deciple]

the reason for selling rares... pretty much ares hit it right on.

The shop would stabalize the cost of rares... why would somone sell somthng on denaes for 10 mills if somone else can buy it and resell it again for 40 mills?

and we need more gold sinks... im thinkin fast as i can... it hurts... somone else pls come up with some ideas! lol

[Acdc]

dude jon just go with it man take life how it comes at you

[Astraeus]

selling lvl 8s to the shop would make less lvl 8s making them worth more than what shop will pay for them and bring the prices back to where they were a year ago to about 25 to 40 mil

Unfortunately, this is the exact opposite of what would happen, at least in a typical price floor example.

When you have a price floor, it leads to an excess amount of goods supplied. If you force a higher price then what market forces would normally dictate, what that will do is cause more people to enter into the market and produce the good (since they can now get a higher price for the good). In our case, if the powers that be decide to set the price on level 8's higher then what we see now, that will cause more people to go out and try get more level 8's, since they can now get a lot more money for them. More 8's will be found, causing more gold to enter the economy.

The problem is really mudflation. Now, at first, you might not think it would apply to Quest, a game with not much expansion, at least not anywhere near other mmorpg's. However, after all this time, and many old players, level 8's just aren't worth much anymore. So many items have been introduced into the economy, that it lowers the value of the lesser items, or common items. Unfortunately, there is no real way to combat it. If you try the price floor, it will lead to overvalued gold. So, if you pay 10 mil now for a level 8, then try to introduce a floor of say 30 mil, then in let's say a year from now, sure, the market price might place a level 8 at 30 mil, but factoring in inflation, you are right back where you started from.


Put simply in another way, you can't change people's behavior, you can force certain actions to possibly alter an outcome, but when it comes down to it, in general, market forces will prevail. In our case, that means lower prices. It's not really a bad thing, it happens in EVERY game, it's part of the growth process.

[JackHammer]

That's why we need new Items, so that we may waste our gold on those things!

[Acdc]

here here jack

HR rath its supposed to be a gold sink not something u just easily get

dude why did you say my name twice??

[AcesJaes]

I don't think it'd help the economy, considering it will create gold instead of destroying it, which is what needs to be done in order to gets prices lower.  Perhaps making the basic shop sell better products would help?

[Bear05]

i agree with the shop buying rares, hell even supers.  just set a price they pay for every rae like its set up for common items.  knowning there is  a minimum price would definately fix half of the economy's problem.  so gold sinks...

[Jon_Deciple]

Astareus... I think you mean devalueate gold instead of overvaluate...

And i dont agree with you. Providing a floor value for rares would set a standard of what the price should be, or at least a suggested price. Now if we do that i think we all can agree that more people would sell their rares to the shop to get more gold. People that want to buy the rares would need to pay the minimum to get the item.

And jack new items wont help the fact that the old items are devalued... it would be a bandaid fix...

AJ, It would create gold, but the number of rares would decrease. Less supply = incrsed prices for those who want to buy.

And astraeus, you cant "produce" rares, they will still drop at the same rate weather or not they are worth 5 mills or 500 mills... so saying that they will be supplied more doesnt pan out... And all this inflation stuff... ya i agree this wont totally solve the problem but is a start.


And like i said, this would provide a sink for items, making them less popular. have a clan full of lvl 8's that i have found and not sold because they are pretty much worthless. And i know a bunch of others have the same thing. You cant deny that if there are less items kicking around they will be worth more.

Lastly... HR, your opinion is increasingly beoming more and more invalid. Your last two posts were pointless. With all due respect, please shut up.

[Bear05]

good explanation. i particualrly like the response to HR.  i fully agree