Project 1999

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-   -   Why is fungi still 100k? (/forums/showthread.php?t=116200)

pasi 07-26-2013 04:32 PM

Quote:

[4 days ago] Kinamur auctions, '(WTS) Runed Bolster Belt 95k..'
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[5 weeks ago] Systemic auctions, '(WTS) Hierophant's Cloak 50k , Runed Bolster Belt 100k.'
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[11 weeks ago] Daker auctions, '(WTS) Runed Bolster Belt 95k .'
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[41 weeks ago] Tmomule auctions, '(WTS) Runed Bolster Belt 70k.'
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[64 weeks ago] Natediaz auctions, '(WTS) Runed Bolster Belt 70K.'
This was my favorite from your examples. 64 weeks ago - 70k. 4 days ago - 95k.

pasi 07-26-2013 04:42 PM

I was using the forums instead of ahungry since I'm not sure if ahungry goes back far enough for these examples.

Go to the EC forum and look from pages 500-700 and scan for high-end items.

Here's some for Cloak of Flames from almost a year ago.
http://www.project1999.org/forums/sh...ad.php?t=83166
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looking for 84k on cloak of flames
http://www.project1999.org/forums/sh...ad.php?t=83781
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WTS Cloak of Flames - 75k
http://www.project1999.org/forums/sh...ad.php?t=83822
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Cloak of Flames: 90k or fungi + plat trade
http://www.project1999.org/forums/sh...ad.php?t=83179
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90k
http://www.project1999.org/forums/sh...ad.php?t=81921
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Taking offers on cloak of flames, PM me here on the forums.

Sold for 90k
http://www.project1999.org/forums/sh...ad.php?t=79518
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Cloak of Flames - 100k
http://www.project1999.org/forums/sh...ad.php?t=84014
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Cloak of Flames - 90k - FIRM
http://www.project1999.org/forums/sh...ad.php?t=84783
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Cloak of Flames 90k obo
http://www.project1999.org/forums/sh...ad.php?t=83818
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36% haste -- RBG only 27. RBB only 31.

90k
http://www.project1999.org/forums/sh...ad.php?t=87489
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100k, or trade for a BCG
BCG - an item that's tripled in value!

versus
Quote:

[2 weeks ago] Gabiani auctions, '(WTS) Fungi Tunic, 70k, Cloak of Flames 135k
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[3 weeks ago] Veloci auctions, '(WTS) { Rod of Annihilation Rod of Annihilation} 310k ,{ Cloak of Flames } 135k, { Thex Dagger } 110k, { Hierophant's Cloak } 45k (WTS).'
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[11 weeks ago] Jellojigglers auctions, '(WTS) Cloak of Flames 150k.'
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[20 weeks ago] Rozey auctions, '(WTS) cloak of flames 145k.'
Really, at this point I don't have anything to gain from posting. I haven't farmed since Fungis were 45k and really have no need of money outside of stuff like an Efreeti Belt which never goes on sale or gearing up my 7th alt. If you want to look up other examples, be my guest. Fungis are going to climb in value in the next few months whether or not you bitch and moan about it or not.

Widan 07-26-2013 05:18 PM

I think maybe you are just misunderstanding the math of your original argument. All the price increases you're posting are 30-60% or so. If a CoF increased from 90k-225k that would be a 150% price increase.

It'd be interesting to see the rate of platinum entering the economy because it seems that platinum inflates much quicker than items do (which makes sense because platinum organically enters the economy much quicker than items) which would make a 30% increase over a year or two have no negative effect on purchasing power, but we don't have any data available to look at those trends as far as I know.

pasi 07-26-2013 05:32 PM

Quote:

I think maybe you are just misunderstanding the math of your original argument. All the price increases you're posting are 30-60% or so. If a CoF increased from 90k-225k that would be a 150% price increase.
Quote:

Originally Posted by pasi (Post 1044895)
The overall trend is that platinum becomes less valuable relative to items as time goes on. If you look at the prices of BiS and Unique (Effect Wise) Items from 6-7 months ago, you'll notice prices have slowly increased to 150-300% of their price from then. There's dips as the market becomes temporarily saturated and people are trying to get rid of their items, but the overall trend is up after the initial plummet (the first drops of items obviously don't apply).

Quote:

prices have slowly increased to 150-300% of their price from then
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slowly increased to 150-300% of their price
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increased to 150-300%
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increased to

runlvlzero 07-26-2013 08:24 PM

This happens as more people play the game and plat seeps into the market. Population went from a steady 300-500 to almost 800 at primetime. Thats a lot of coin getting looted. Its got to go somewhere. Since the entire server is permacamped (not a bad thing). The market is thriving and plat gets sucked up into the top tiers quickly.

The only thing that will reduce that is expansion drastically devaluing old gear. Gear becoming more easily camp able. Or a huge disappearance of population taking their gear and plat with them. (Turn over).

There is no conspiracy here... I don't think RMTers are a huge problem on this server based on the above facts alone. If they were it would be like 250k for a Fungi. (which I think it did get to around that on sullon at some point)

Orotiagito 07-26-2013 10:12 PM

Fungi's haven't been duped in my opinion, and they will only increase in price with the recent nerf to soloing the camps.

Seems to me that people want all these hardcore items to drop in price so they can afford it. I don't think its fair or safe to say that every item in the game is duped just because you can't afford them.

ArumTP 07-26-2013 11:24 PM

Quote:

Originally Posted by Orotiagito (Post 1046429)
Fungi's haven't been duped in my opinion, and they will only increase in price with the recent nerf to soloing the camps.

Seems to me that people want all these hardcore items to drop in price so they can afford it. I don't think its fair or safe to say that every item in the game is duped just because you can't afford them.

Pre-patch fungi was going for 65kish, post patch people are trying to patch it 100k+ this is speculative gouging. The price doesn't reflect true demand. Just because the camp isn't solo-able or duo-able doesn't justify the price spike. Crypt camp has just as desirable drops (hiero cloak), and that price has dropped. Fungi is a twink item, monk item or shaman item. It isn't quite even end game item like a hiero.

Splorf22 07-26-2013 11:28 PM

There may be a gradual trend towards inflation, but I think it's been overwhelmed by:

a) the IB sellof
b) the huge fall in population last summer
c) the moderate fall in population this summer

Take the BCG: It was 200k+ originally, then hit 90k during the IB sellof, stayed low last summer, and then returned to 250k last winter, and has mostly stayed the same since.

A better argument is green dragon scales. Those just seem to be going up from like 100k last summer.

runlvlzero 07-26-2013 11:29 PM

Every melee - non healer needs one though for w/e they want to regen end game without a group effort for stuff. Demand will always be high as long as people are making alts/toons/melee's or new pop joins for turning them over from older accounts and keeping them circulating.

Price will go up when camp is less camped. If ever on this server. And more toons are in velious and more noobs are willing to pay for it. Supply and demand there.

Bantam 1 07-26-2013 11:31 PM

Quote:

Originally Posted by Orotiagito (Post 1046429)
Fungi's haven't been duped in my opinion, and they will only increase in price with the recent nerf to soloing the camps.

Seems to me that people want all these hardcore items to drop in price so they can afford it. I don't think its fair or safe to say that every item in the game is duped just because you can't afford them.

I think you missed what everyone is saying and the point of the thread. If you look it up it was decreasing in value.


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