Project 1999 - What's behind the drop in prices?

Project 1999 (/forums/index.php)

- Blue Server Chat (/forums/forumdisplay.php?f=17)

- - What's behind the drop in prices? (/forums/showthread.php?t=151965)

Quote:

Blue players with blue items who want to transfer their wealth to red want to convert their blue items to blue plat so they can trade their blue plat for red plat.

All 8 of them?

Quote:

Originally Posted by Splorf22 (Post 1467522)

I love you how you inferred my ignorance of multiple topics from one sentence. Congratulations on a textbook strawman, not to mention a poor understanding of macroeconomics (hint: if those people buying the blue pp don't want to buy blue items, why not?)

Your inability to see, read, or understand what I have written is not really something I have control over. However, I did take the time to break down an idea that you seemed to have a hard time understanding as well as give explicit examples. In regards to your "hint" (which I'll be honest -- it doesn't make complete sense), I believe I've already answered your ... hint(?)/question.

Quote:

Originally Posted by sunmilk (Post 1467428)

Also, when you talk about the "buyer (of the blue plat) will just buy blue gear again", that is pretty short sighted. First of all, there are a lot of people who don't currently (or formerly) play on blue that trade red:blue and blue:red simply for profit-making purposes. If you think this is weird, then you still don't understand the concept of liquidity or why liquidity has value. A person who is selling x-server plat has an easy means of generating plat on either or both servers simultaneously. You are making the blatantly false assumption that the "buyers" of this blue plat are 100% people who are coming over to blue to in a sense, replace the red seller. I gave a counter example before with x-server traders, but you can also see this trend reflected in the general population declines/increases over the past weeks (since the last patch went live).

Here I have quoted (and bolded to increase visibility/emphasis for you...) an example of "why not" "those people buying the blue pp don't want to buy blue items."

It's funny that you are the one accusing me of creating the logical fallacy when you were unable to respond with anything more than an emotional response. But this bold text should help with your "hint" in particular.

There are over 100 million pp on blue. What you are (still) failing to understand is that platinum on P1999 functions more as a store of value (i.e. gold) not liquidity (money) because unlike the real world there are no bonds (fungi) or stocks (Kunark items that will go up in Velious) on this server. If you were actually thinking instead of attempting to be supercilious, you would have realized this by now.

Quote:

Originally Posted by sunmilk (Post 1466760)

This is the beginning of a mass exodus to the red server. Already people are becoming desperate for red platinum... the demand has been noted red-side and transfer rates have skyrocketed. The demand just outweighs the supply.

On the blue server, liquidity is at an all time premium. Must liquidate gear to get plat to xfer to red. Plat is king in this economy where blue is feeding red dozens of players by the day. All day long I see in red "WTT blue for red" and can only imagine what is going on blue side.

But I guess this is exactly what is happening on blue, and it makes complete sense. Enjoy your cheap prices, consider yourself lucky!

Dont kid yourself... this has NOTHING to do with people trying to get money on red... No one fucking cares about that server except Derubeul

fungi dropped like 20k overnight wtf

Quote:

Originally Posted by r00t (Post 1470005)

fungi dropped like 20k overnight wtf

http://www.project1999.com/forums/sh...d.php?t=150637

read this :)

when it gets fixed and Velious makes the drop rare again prices will go up however I dunno if resellers will allow Fungi's to drop much more than they currently are

they are getting bought up and resold pretty quickly