The market sucks

[jilena]

A few things seem a little skewed from live but then I don't think things were as well camped to shit on live as they are on here and less people were getting 50 as fast and rolling twinks either. *shrug*

[Dantes]

Luckily people are extremely helpful. If it weren't for the help of others, my gear would be in a sad state. Somebody gave me nearly a full set of bronze before level 5. I was able to trade it for banded since it was so heavy. Another nice person gave me 120pp for delivering 2 stacks of bone chips all the way from Freeport out to South Ro when I was level 6. Thanks to him I was able to get a bladed thulian claw as my first magic weapon.

Since then I've been trying to save up plat for an Obsidian Shard. When I first started I would commonly see them for 300pp, now they seem to be 500pp all the time. I hope and pray I can sweet talk somebody into helping me out and letting one go for 300.

[astarothel]

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

Since then I've been trying to save up plat for an Obsidian Shard. When I first started I would commonly see them for 300pp, now they seem to be 500pp all the time. I hope and pray I can sweet talk somebody into helping me out and letting one go for 300.

Saw a couple people selling at 350 yesterday.

[astarothel]

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

Saw a couple people selling at 350 yesterday. Keep lookin [You must be logged in to view images. Log in or Register.]

[cerasa]

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]

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]

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]

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"

[Dantes]

That's funny. I would think that would drive the price down. Considering folks knew where these items were, knew how to camp them, and knew they were going to be nerfed and when. That would mean there's more of them available than were on live, and with less of a player population there's less buyers. More supply, less demand = lower price, right? /shrug

[astarothel]

For every 1 person that farmed them at the time there was 3 that didn't. That's on top of any new people that come along after them, and any that are removed from circulation via bans and quitting.