Make more items tradable, it'll help the economy

I see many suggest a Kinah wipe. Wipe doesn't solve the problem.

Remember the fundamentals of economic problem: resources are scarce!

There's no such thing as over-pricing. Don't blame the vendors, anything that's priced high only reflects demand for it. Demand being willingness and capability to purchase.

(ofc trolls who price a piece of arrow for 1B doesn't count)

Things are are highly on demand and relatively scarce:

- Any food/scroll/potion that helps in PvP.
- Dyes.
- Godstones & Enchantment stones.
- Popular remodels (DDK & such)
- Anuhart (Yes because nowadays too few people farms DP)

You can wipe now and all these issues will come back. To eliminate the problem there should be an official initiative to increase to supply of these things. Put them in vendors or even the credit shop, make dyes tradable, fix the loot-tables, do ALL of this but price should be set at a much lower level than market level.

This will create downward pressure on the market and prices will go down.

Why did the economy get worse after 2.0?

- Because the update messed up some loot tables (ex. Lannok doesn't drop anymore, just saw one went for 20B) and crafting chances for Greater Output is also messed up. (hence less DDK)
- No 2.0 loot items. No one cares about raiding the new instances in the new map.
- Dyes become untradable. Only source become GM stalls, which doesn't work well. (A detail discussion on this is posted in the link under my signature) Or gathered petals.
- AP items become untradable.
- Fortress Defenders in Abyss which previous dropped all mats for Balic crafting now completely disappeared. The only way to farm them now is to enter instances and kill Elite mobs, which are about 5X harder to kill.

With lesser wanted items in the economy (because they're made untradable/unavailable to farm), there's lesser spending.

All in all 2.0 is a bad update that brought nothing but a new ground pvp map. If we actually had more 2.0 items (stormwing, dragonboud and such) it'll encourage more PvE and raiding. Remember the days when you go outside DP and there's a huge crowd and the auction is supplied with abundant Anuharts and Tahabatas? Yeah. Nowadays even those are scarce... talk about support for new players.

While everyone continue to make Kinah based on whatever activities they do. There're lesser things to buy now. So naturally price per item has skyrocketed.

To illustrate my point, here's a real example:

Who doesn't know that spending Kinah is easy and farming mats for hours is boring? But I can tell ya in 1 hour I can gather mats for 200 Greater scrolls (Either courage/running/raging wind). Market prices for scroll: 10-20 for 1B. So that's at least 10-20B Kinah right there.

However, people who do that are few in numbers while buyers are ABUNDANT. With some even willing to pay credits for it.

This also seeks to point out to those are only complain about item prices that you shouldn't if you're only sitting your ass around and trolling and never put in the effort to make Kinah.

While I do support making ABGs untradable to eliminate duping issues. More items should be made tradable, some should also be added to vendors/shops and priced at an arbitrarily low level to drive market price levels down.

What do you guys think? I'd like more people to support this, or it'll never get attention. And if you're a high school kid with no Economics background, please don't juz come in and flame me.

Just my 2 cents

 

I have a full spprt for this thread! +100 for these. . .


Uhmmn why does other People complaining if i sell my Credits on HIGH VALUE PRICE? i knw there is a buyer still coz they really NEED it, and think about it, ive got many billions and why does any1 make a kinah wipeout!
I didnt have these kind of kinah THROUGH DUPING, but i have these with my own HARD WORK in game,

you guys that complaining for kinah wipeout are so sick, coz u have less effort in game, you we're jealous coz of sum1 offer a high value item, but u cant afford them! U think if kinah would be wipe out, what happen to our effort in game, our hard worked kinahs will be gone?lolz, too crazy for yah guyz! Think it first!

Hey 1 thing ive notice,
if i have 900billion kinah are u guys telling me i have that kind of kinah coz of DUPING? Lolz! I always read that comment from a lazy player! (Begging) too funny thats how others think in their minds.

 

Fix duping first before implementing kinah wipe out or else we will be having kinah wipe out every month.

 

I dont think you understand it may take some people weeks just to get 15b (when abg cost around that much) but now people are selling items for 600b and so on. No newbie players cant get anything becaue the economy is so terrible, so i think a kinah whipe would be best IMO.

 

Lolz u cant even know if u cant afford it, coz if ur a NEWBIE then find a way like i do, vote then sell to other people! As easy as that! Now a days people think wisely than a noobie thinker begging in any towns of elysea and asmodae!, , ,kinah wipe out isnt a good idea! All OUR ITEMS BEING SOLD FOR BIG KINAHS, if these Wipe out, We Have NOTHING, OUR EFFORT OF THIS GAME TO HAVE THOSE ITEMS IS WIPED TOO! havent any1 think of it!

 

The big idea is that WIPE WILL NOT SOLVE THE problem.

Okay so you said many people need 1 week to make 15B while I already said that I can make that amount in 1 hour by selling scrolls. It's not even a big secret to making big money, you just need to level up Alchemy, Essencetapping and Aethertapping.

Why wouldn't people just start working for their own? Because some people just won't do it. So I'm advocating that official admins should include more items into the game mechanics and drive prices down.

If you wipe now, you'll think that everyone will start off from the same level?

NO.

In the longrun, I can still make more money by selling scrolls and there'll still be wealth gap. And the gap will only widen over time. What you gonna do? Wipe again? Remember that the problem is that RESOURCE - scrolls, pvp items, dyes, rare gears and etc - ARE SARCE. You wanna fix it by increasing the supply. Wiping dosn't help.

And you think after wiping donators will be willing to sell ya their 2k credits for a tiny amount of Kinah? Not gonna happen. If Kinah cannot serve as a STABLE currency for resources trade, they'll just trade their Credits directly to the resources they want, be it scrolls, rare gears, dyes (in which case they'll just buy from the shop) or whatever. Again, wiping won't help you get the gears u want!

I hope you see what I'm saying. I'm just pointing these out cuz few people seem to realize that wiping won't help newbies, in fact it'll put them back to square one and veteran players will still have a lot of advantage over them.

 

This is totally true! Bump!



Tip' if you we're a noobie, start asking from other players what to do and guides, dont make yourself just stop for being a noobie,

be open minded in game, and make more efforts, not BEGGING! think what should do! It will not make you OP = Out of Place !!

 

Sounds like good economics, and a great start to a new stable server if it happens.

Bumping to get this noticed.

 

Most items you mensioned are already tradeable with item pak.

 

I didn't read all of your post yet so I'm probably gonna edit this HOWEVER. Supply/Demand = definate fix. Increasing supply satisfies demand price lowers. Haven't heard many merchanting terms used in the forums haha :biggrin:
But another way to increase that supply AND fix the massive kinah dupage..
Enable the NPCs that sell aether and aether crystals, HOWEVER, also increase the PRICE in which they are sold. Let's face it, this is a private server. Usually in games, the teleports, soul healing, shops, and things to the like keep the kinah balanced. In a private server however there is NOTHING to balance out the kinah. Nothing to take ANY kinah out. So it flows over and gets COMPLETELY out of control, as it is now. 100M for scrolls ? So I think by adding a feature, like the shop of aether, to take kinah OUT of the economy, would be IDEAL.
(the 10M thing for //wc chat is useless and only hurts the lower leveled people migrating to this server.)
I apologize for the essay >.<

 

Aether is just one of the things that's greatly in demand. Yes they're sold at NPCs and few people know that, I just buy a bunch of them (few hundreds) and resell in Auction. Riskless arbitrage right there. I make 3B from just reselling. 2 days ago someone who sold 18K Aether Gems got banned because GMs suspected he duped them. That's an example of a low market efficiency in our game. Even GMs don't have good information and there's a lot of arbitrage opportunities in game.

I agree with what you said. If I can draw a parallel to Economics, I'd say that many things in game can be considered as Public Goods [Especially those that can greatly upset the game's balance]. Individual gamers will not enter to provide Public Goods since we're all profit driven. So the Admin [Government] has to provide it.

The case in Gamez is that these things come in such little quantities, that only the riches people can afford it. Income disparity is obviously a market failure. Kinah inflates so quickly, new players will never have any sufficient purchasing power unless they go dig out the resources themselves (learn crafting and what not).

Off-topic:

But it's an online game, the market mechanics work out in extremely simple ways. Yet players just WON'T do it. It's not like in real life where u need to enter college to learn "Crafting" in which you'll have to pay tuition fees and it also depends on your IQ, if you're stupid you may never "Level up" it. It's a online game, and people just WON'T do it. They just flame at the fact that they don't have Kinah and ask for wipe. Seriously? In real life can you flame at Bill Gates for having more money than you? Stop sitting on your asses and troll. Go work something out.

 

This reminds me of the Private server Elite Dekaron(cool game ^^). They have Gm's and MOD's in game that worry more about fixing Christmas Trees after the Christmas event has been over for 2 months. Yes Gm's have a lot of work, and the programmers behind them have a lot of work too. I used to be a programmer, and helped out with a few private servers(mostly Dekaron, and Cabal). But I agree that economy should be the priority. Yes this is a pvp server, but only the members that have been around for a long time can pvp. I never see anyone in herion, or beluslan anymore pvping. all I see is high lvl guilds gang raping in Ingg or Gek. To me this is not fair. Gm's should worry more about fixing "the small things" such as the loot, mobs in abyss that drop baltic items for craft, fix the slpitting of ores, aether, Fix the rates of enchant, etc. With that said inflation will go down, and the new players will be able to buy desent gear and pvp with us, on top of that Senior members will be able to afford more pvping items. I myself farm, and craft for profit and personal use. More senior members should do the same. You'll make 10x more proffit from scrolls, HP pots and food than any cool looking DDK remodel.

 

FINALLY.......
i totally agree. people abuse the bad economy
so u might wanna consider what he's suggesting.

vendor
sell DYES(10M EACH SAME AS GM)
sell SCROLL(1-3m EACH [its used to be like 300k-1m before ahh miss that days]
sell CRAFTING STUFF LIKE AETHERS AND ETC ETC.

think of the price. if rich ppl bought good stuff the kinah issue should go way low. since it will stop movin/transferin just to a different person. but back to the game(npc)

when things are finally back to normal. stabilize economy. then lower and make a considerable price for the consumable stuff..


CAPICHE? :bandit:


---------- Post added at 07:28 PM ---------- Previous post was at 07:23 PM ----------

ohh and yeah F^^) that kinah wipeout $^^)
i dont have much but im pretty sure many peeps wont like this . coz they maybe sold their credits for huge kinah. or some thin like that so. u might wanna check our suggestion about the good fun loving quiet paralyze look alike vendors

 

I'd just buy all that stuff and resell it for 70m ea. lol I buy all scrolls all hp pots all food anything that's under priced and just resell it for 2x the amount. I sold 500 Hp pots for 99m ea. MWUHAHAHA


But seriously I'm just trying to cope with the new economy.

 

i totally agree to this as well.. fix the loot tables, make potions that were bought with ap tradable and make most of the items tradable as well except ABG :bandit:

 

No kinah wipe out! (concluded)

 

free bump to this thread :tongue:

 

free bump here

 

I support all Anuhart "Shields more" Shields used to be Tradeable but since the patch no longer is.. Why is that?

 

+1 and agree to this. Base on my gameznetwork surfing. I've read that In CrystalAion Economy is fine and Far from ours. Their way is better and I still don't know whats the difference cuz I don't have account there. BRB. I want to know if what are tradeables in their server.