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  #1  
Old 06-11-2015, 02:26 PM
lite lite is offline
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Default Hold on to your equipment, and sell with caution.

The price on everything is about to change dramatically. The current prices on items are severely misrepresented due to months of exploited platinum entering the system.

I'd advice folks to hold on to your gear in the event that all this exploited plat is tracked down and deleted. Item prices will change dramatically.
  #2  
Old 06-11-2015, 02:27 PM
Susvain2 Susvain2 is offline
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maybe u should focus on helping your guild as I just ran 12 out of sebilis while u made this really good thread
  #3  
Old 06-11-2015, 02:30 PM
daasgoot daasgoot is offline
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im no expert but...

wouldn't an influx of platinum into the market cause pricing to go up on items? higher demand for items because the increase in currency to spend on said items.

prices rise with inflation.

so, wouldn't the correct action be to sell all your shit while the price is high, bank the plat, then wait for the excess plat to be deleted from the economy which would intern give your banked plat a higher value?

idk maybe i just dum


#loveliteumyboyblue
  #4  
Old 06-11-2015, 04:18 PM
Mudslinger Mudslinger is offline
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Quote:
Originally Posted by daasgoot [You must be logged in to view images. Log in or Register.]
im no expert but...

wouldn't an influx of platinum into the market cause pricing to go up on items? higher demand for items because the increase in currency to spend on said items.

prices rise with inflation.

so, wouldn't the correct action be to sell all your shit while the price is high, bank the plat, then wait for the excess plat to be deleted from the economy which would intern give your banked plat a higher value?

idk maybe i just dum
Yes your dead on the money on how prices increase when you pump more currency into the market removing said currency would ...... reduce the the going rate on products .... this is what happens when you correct an over inflated economy ................... this is the same reason intelligent people get pissed when liberals say we can fix our national deficit by printing more money ..... poor people be warned inflation killz ...... fat people think back to what a king size candy bar cost you 10 years ago ... 1 $ now that same candy bar will run you around 2.45 ish .... minimum wage has increased at a much slower rate since it was around 6.35 then and is now only what like 7.50 ? Thank god we got a liberal in the white house to make you all poorer
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  #5  
Old 06-11-2015, 02:30 PM
krazyGlue krazyGlue is offline
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Great post . Great advice . Great example of a white knight guild leader . Pras
  #6  
Old 06-11-2015, 02:32 PM
Agatha Agatha is offline
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this is actually a very serious thing, do not sell your items, we don't know how much exploited plat has been entered into the economy.

Honestly it doesn't upset me that people are taking advantage of this, what upsets me is that the leaders of empire instead of alerting the server staff and telling there members not to exploit, they instead hid the fact that this existed to use.

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such high amounts of plat out of nowhere posted yesterday. If a GM goes and looks for who has 400k sitting in a bank i bet they nail this guy.
Last edited by Agatha; 06-11-2015 at 02:36 PM..
  #7  
Old 06-11-2015, 02:36 PM
Widan Widan is offline
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None of this 2k an hour plat will have any effect on the economy. As was mentioned before even if it did it would mean prices would go up since more money would be in circulation.

The reason prices are going down on most items is because Velious is coming out soon making most Kunark gear obsolete.
  #8  
Old 06-11-2015, 02:41 PM
Indur Indur is offline
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When its been going on for 2 weeks, just imagine the numbers.. And no, basic economy=increase of plat like this makes prices skydive.

Quote:
Originally Posted by Widan [You must be logged in to view images. Log in or Register.]
None of this 2k an hour plat will have any effect on the economy. As was mentioned before even if it did it would mean prices would go up since more money would be in circulation.

The reason prices are going down on most items is because Velious is coming out soon making most Kunark gear obsolete.
  #9  
Old 06-11-2015, 02:43 PM
Widan Widan is offline
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Quote:
Originally Posted by Indur [You must be logged in to view images. Log in or Register.]
When its been going on for 2 weeks, just imagine the numbers.. And no, basic economy=increase of plat like this makes prices skydive.
I don't have time to teach you an entire topic so just read this for however long it takes your small brain to process (I'm guessing months if at all)

http://en.wikipedia.org/wiki/Inflation
  #10  
Old 06-11-2015, 03:22 PM
Lojik Lojik is offline
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Quote:
Originally Posted by Indur [You must be logged in to view images. Log in or Register.]
When its been going on for 2 weeks, just imagine the numbers.. And no, basic economy=increase of plat like this makes prices skydive.
This is outrageous from empire...not only are they exploiting millions of plat, but this is also sending prices way down so the 400 million platinum they have assuredly obtained is probably worth 800 billion platinum of last year's eq prices
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