game economy

[RKromwell]

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

TLDR Version: I suck at EQ and should /delete :-P

Nooooo!

[Kanor]

That's the dumbest thing I have ever read OP

I know you won't understand price equilibrium theory so I will just say an item is worth whatever people pay for it. If everyone is paying 15k, then it is worth 15k.

[Eyry]

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

That's the dumbest thing I have ever read OP

I know you won't understand price equilibrium theory so I will just say an item is worth whatever people pay for it. If everyone is paying 15k, then it is worth 15k.

Relax Kanor,

He is simply bringing attention to the fact that FBSS is overpriced as hell and it should not be the case. He is right in the fact that it is perma-camped and that there is no reason it should be selling so high. The reason they are going so high is because someone is able to control the market (IE: High end guilds) because they are the ones who perma-camp this shit. Not to mention the fact that people are twinking like hell now because everyone is waiting for kunark, which is only making them jack up the price even more. They didn't even sell for that high back on classic.

[Kinamur1999]

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

They didn't even sell for that high back on classic.

They didn't even sell for this much 3 months ago, they were a solid 10-12k then out of nowhere went to 15, then 17, to 20! and I've even heard of people selling them for as much as 22k.

Seeing them for 15 now is at least reasonable.....

[a_pet]

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

That's the dumbest thing I have ever read OP

I know you won't understand price equilibrium theory so I will just say an item is worth whatever people pay for it. If everyone is paying 15k, then it is worth 15k.

Thanks, Alan Greenspan.

[Hasbinbad]

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

Thanks, Alan Greenspan.

i lol'd.

[Regnon]

hey, you think its bad, im still trying to rap my head around all this crap NOT being twink gear. I remember Yaks, for 500pp, FBSS for 2k or under these prices to me are INSANE. Then I remember....thats the best this server has to offer.....so oh well.

Look at the US and Opec, we pay what they want cause we want what they have...bottom line, if you will Pay 15k , they will sell for 15k. I currently have 4pp to my name, so im not too worried about this stuff yet.

[Sizzle]

Warrior was the first toon i rolled here now im 50 in my indi. ive got 2 yaks, some other loot. But i started with nothing. I dont claim to be a trade god and I did very little trading my entire time here. Warriors cant farm for crap either. I did some sol a farming picked up a few items from BNB/royals while i leveled, sold that stuff off but i didnt have an FBSS till well into 50 and I used 2x OB shards through level 50 as well. Never had too hard a time finding groups. I usually had someone throw me on a list and sat near camp waiting for a spot. Not everyone is always going to take the better geared player not everyone sees someone for their gear. Skill > gear.

[Fawqueue]

I agree with the OP that the prices lately have taken a steady rise, and are not what we would have previous considered reasonable. I see this a lot in MMOs...unless there is constantly an item for comparison up for auction, the price seems to fluctuate (and usually end up going higher). In most cases, people will realize that the item worth 10k being sold at 15k isn't worth it, and just wait it out. If they did that, the seller would come around and lower his asking price. However, on p99 you have the combination of people with too much time, money, and impatience. So instead of letting the market adjust itself, as soon as there isn't a single FBSS up for sale the first person to say "WTS FBSS 17k" has a good chance of finding that lazy but flush 50 sitting in the tunnel thinking he'd rather just buy it today instead of risk not having it tomorrow.

One item I noticed as getting a little ridiculous was the Braided Cinch Cord. Thing is common as shit and used to be 100-150p. Yesterday, saw multiple sellers trying to get 1-1.5k out of this. Really? When his rare drop is only selling for 800-900?

[Omnimorph]

You're looking at the top end of the server, more and more people get 50, and realise "hey, there's not much to do here at 50... guess i'll twink out a <new class>" and they farm whatever it is they can farm, buy the items they want.

With more and more people doing this, and people being generally lazy and wanting to get their items nao rather than later, they pay over what is considered the "normal" price for items like fbss, and enough of these sales gets the item pegged at that price for everyone.

Sucks for the level 45 warrior who started with nothing and can farm nothing because he can't afford to buy one, and like mentioned the camps are usually tied down constantly.

But hey, that's just the way it goes.