when will platinum

[Ephirith]

Rerolled completely fresh with my brother and haven't had a problem making plat.

[Tecmos Deception]

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

Rerolled completely fresh with my brother and haven't had a problem making plat.

Is your brother an EQ literary genius also? [You must be logged in to view images. Log in or Register.]

[Silo69]

ITT

new players (noobs) wanting everything from the get go

lazy man syndrome

whats your current played and i ll tell you what your net worth is just by numbers with time investment vs reward

that was always everquests model

time sinks

no one gets rich unless you get some lucky rolls to get you going or you put in the time till you hit your numbers

i remeber the first time on this server i got into a king camp for a fungus scaled tunic

i lost the roll to a rogue who was wearing a tunic and should have passed, instead he suicided to keep a tunic on his corpse and a tunic on his equipped character

stop crying over a few k

and those people offering over 1 mil plat

i can name all 3 players with that type of currency and want that particular item that no longer drops in the game world never to be seen before

you dont think gnome mask and barb flayed mask will not be going for 120k like on live day 1 of SoV

they will and they will for a long time

get comfortable and log in stop playing eqFOrums

[Ephirith]

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

Is your brother an EQ literary genius also?

No sir but I did have him roll an enchanter based mainly on the feats and advice of you and Loraen.... and it pays the bills so far [You must be logged in to view images. Log in or Register.]

[Frieza_Prexus]

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

lose its value on this server? prices on key items only ever seem to be increasing in price while other items are dropping in value due to extreme amounts dropping over the extended classic and kunark period.

just like any exhausted or inflated economy what is going to happen? people are starting to make 500 - 1m plat offers on items. is that classic? i definately think having items is alot safer bet than having a big load of platinum.

is enough platinum being banned off RMT accounts to keep the inflation down?

EQ created things that ate server platinum later on through other expansions and helped a little but what will happen here?

One of the things keeping plat valuable is the lack of information accessible to the playerbase regarding the overall money supply. In real life, the money supply's status is generally available (Even though the Fed can try to hide certain M figures, the financial sectors can roughly approximate it).

A fiat currency is valuable because people trust in it, and when there are fluctuations in the money supply the value changes because people are aware of and can immediately see the effects of those fluctuations. Currency value is always relative.

In P99, the overall plat figures are not available, and there are no real reasons for the market players to keep an eye on the money supply. You also have to consider that there are some absolutes regarding what the money can do. Rez staff recharges always cost 1mil, locket charges always cost 10k, etc.

The lack of information, the growing population, and the static cost of reagents and recharges keeps plat in relative demand. Eventually, the supply might become so high as to crash the market, but there's no real way to predict that besides actually observing it when the invisible hand is already moving.

That said, I've always wondered if it might be a good idea to "tax" the player base by shaving a 0 off every single character and bank holding more than say 500 plat. This prevents lowbies from getting screwed and the universal nature of the tax keeps the overall supply relative so no actual "wealth" is lost. I'm sure there's some hugely unfair/negative effect that it might bring, but I'd actually like to see whether or not it'd work to bring prices back in line with classic numbers.

[Arterian]

In my opinion it's all driven by demand right now. More alts, more new players returning, more demand for items.

I feel like everytime I log in you have people trying to creep the numbers on items, and particularly on lower level ones, that's where price inflation occurs.

If average Fungi cost is 85k today, I've seen plenty being /auctioned for 90-95k. In a few weeks we'll see an average price of 90k. It's all demand.

You sit around EC long enough /auction WTB Fungi, you'll say f'it and pony up.

[SamwiseRed]

as long as people pay high prices, there will be high prices.

[ArumTP]

A casino isn't classic, but could do great things to take out platinum.
Horses that everyone hates could help along as well.

Until there are effective money sinks, it all becomes worthless. It is much easier to farm plat than items, leading to under-farmed key items and way too much plat.

[bluejam]

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

Suggestion make a Vendor or a quest npc that accepts 500k for a guise! id drop that plat in a heart beat!

[Frieza_Prexus]

I bet if you made temporary titles available for a price you'd see massive deflation. Make it so that the current top 3 bidders each receive a unique title like "WarriorXYZ The Monopoly Guy"

The title can be taken by anyone else at any time by paying the previous price +100k. Sit back and watch the bidding war over who gets to wear the prestige flag for the next few weeks/months. Then reset it and do it all again. Never underestimate the price people will pay for prestige.

Or, 100k for a last name change, 200k and the staff will capitalize a letter other than the first or add an apostrophe.