The market sucks

Kinamur1999 · #1 06-18-2010, 10:07 PM

Quote:

Originally Posted by Walabaego [You must be logged in to view images. Log in or Register.]

Doesnt change the greedy factor of people. This is an EMULATOR. Emulator....Emulation. Eemmuuussss

another this an emulator so all items are worthless post? I never understood these, if the emulator server doesn't mean anything to you, don't play on it.

Or does paying $15 a month make an fbss worth more?

YendorLootmonkey · #2 06-18-2010, 10:28 PM

A few random points:

a) Everything is worth exactly how much some sucker will pay for it. Overpriced shit will not sell until the seller drops the price low enough for an interested buyer to send a tell. The only way to bring prices down is for people to stop buying overpriced shit at the advertised prices. However, see (c)

b) The advertised price isn't always what the item sells for after haggling via /tells, which is going to be based on how long the seller wants to stand there auctioning his/her overpriced shit.

c) If the market is overpriced and stays that way without reaching equilibrium, it's because there's an overabundance of level 50's with cash to burn inflating the market on their alts, creating a heavy barrier to entry for non-50 buyers that are levelling up to 50 for the first time without access to that sort of plat from HG/phat lewt farming.

cerasa · #3 06-21-2010, 06:39 PM

Quote:

Originally Posted by YendorLootmonkey [You must be logged in to view images. Log in or Register.]

A few random points:

c) If the market is overpriced and stays that way without reaching equilibrium, it's because there's an overabundance of level 50's with cash to burn inflating the market on their alts, creating a heavy barrier to entry for non-50 buyers that are levelling up to 50 for the first time without access to that sort of plat from HG/phat lewt farming.

This quote is what I was asssuming is causing these high prices.

Someone told me that early on in this emulator, there was a plat dupe and the server veterans have A LOT of plat so there is inflation. Is there any truth to this rumor?

President · #4 06-21-2010, 06:51 PM

Quote:

Originally Posted by cerasa [You must be logged in to view images. Log in or Register.]

This quote is what I was asssuming is causing these high prices.

Someone told me that early on in this emulator, there was a plat dupe and the server veterans have A LOT of plat so there is inflation. Is there any truth to this rumor?

As far as I know most of the plat duping/exploiting was figured out, people were banned/rolled back as best they could.

I don't think the amount of money we see circulating has anything to do with a dupe or exploit as the numbers really aren't that high. Early on Bubbles(50 cleric) who was nice enough to give me a really cheap set of Fine Steel. After talking with him/her a lot longer, she said she eventually stopped advertising her ability to make this stuff as it wasn't beneficial to her. And what I mean by this is, the margin she made off taking her time to make a full set wasn't anything compared to the 400-500pp she said she would make an hour farming FG's.

I think its far more likely that the money we see here is because people are much more aware of the great farming spots, not just for gear but for plat, and use that to get the items they want. Instead of attempting to get a group to compete with the 24/7 enchanters camping at frenzy, they turn to farm FG's for a couple days to earn the 10-12k to buy one. This creates a lot more sales, and a lot more need for plat. Since if it was actual groups camping the fbss, the person who looted it would likely keep/use it and there would be no exchange of 10k plat. But since its an enchanter farming, there has to be a 10k exchange, which creates a need for someone to figure out how to farm 10k.

Kinamur1999 · #5 06-21-2010, 06:52 PM

as far as dupe plat its all heresy unless they come forward.

I know that manastone/rubi were camped 24/7, and I've heard rumors of people with backpacks full in their bank though it sounds ludicrous. So I am sure that there are people that have no problem paying 2-3x the price items are ACTUALLY worth.

astarothel · #6 06-21-2010, 07:03 PM

Quote:

Originally Posted by Kinamur1999 [You must be logged in to view images. Log in or Register.]

as far as dupe plat its all heresy unless they come forward.

I know that manastone/rubi were camped 24/7, and I've heard rumors of people with backpacks full in their bank though it sounds ludicrous. So I am sure that there are people that have no problem paying 2-3x the price items are ACTUALLY worth.

Example from just last night:

"I'll give you 3 full sets of Rubicite for that RBB"

Kinamur1999 · #7 06-21-2010, 07:57 PM

Quote:

Originally Posted by astarothel [You must be logged in to view images. Log in or Register.]

"I'll give you 3 full sets of Rubicite for that RBB"

So the guy camped in CT since day one, big deal?

astarothel · #8 06-21-2010, 08:48 PM

Quote:

Originally Posted by Kinamur1999 [You must be logged in to view images. Log in or Register.]

So the guy camped in CT since day one, big deal?

Not saying it is a big deal, just that there is a lot of accumulated wealth from people that put the time in.

Walabaego · #9 06-18-2010, 11:03 PM

Quote:

Originally Posted by Kinamur1999 [You must be logged in to view images. Log in or Register.]

another this an emulator so all items are worthless post? I never understood these, if the emulator server doesn't mean anything to you, don't play on it.

Or does paying $15 a month make an fbss worth more?

Does not change the fact people are greedy lol thats all I was saying. Im not gonna elaborate on youre quote, just quoting for my own /chuckle. Greedy peeeople I say it with haands in the aaair!