Curse

Cherno · Apr 14, 2006, 08:58 PM // 20:58

Quote:

Originally Posted by leprekan

We are talking Walmart and Rolls Royce here. A 30 pommel is Rolls Royce a 20 is Walmart. The prices will always reflect this. There are considerably fewer PERFECT upgrades/items than non perfects. This is the market segment I am talking about. People will ALWAYS want that 30 pommel if they can get it and the price will ALWAYS reflect that. 30 pommels and other perfect items are NOT common drops. There isn't an "overstock" issue with them ever. When was the last time Rolls Royce had a "clearance sale"? If demand drops they will and do raise their price since they are catering to a select few.

Sorry, still don't agree. Perfect items already show in most of their significant price increase over even perfect -1 items.

Any business that isn't selling much and raises their prices, is going to be bankrupt shortly. That is a very very poor business strategy. Even if not a clearance sale, there are discounts and incentives. Look at post 9-11. People were not buying cars, what did the car companies do? 0% interest. People started buying cars again.

There is a difference between pricing an item at a high value because of short natural supply and being driven by what the market will pay for a more readily available, but harder to find item. Perfect mods are not all that uncommon, if they were you wouldn't see so many being advertised. Because they ARE more uncommon (or not on the market as many are in use) their price reflects their uniquness, not their availability as much.

Gold Perfect crystalline or 15% always with no drawback are scarcity driven. I think we can agree that those would be classified in your analogy as "Rolls Royces" right? When they are being sold, even as very very few as they are, if the seller sets the price too high, and gets no bites, do you honestly think he is going to increase the price? He will slightly lower until he finds a price that the market will pay. In this case, your perfect sundering mod, is walmart bargin bin.

leprekan · Apr 14, 2006, 09:23 PM // 21:23

It will be easier to agree to disagree. You are still thinking in terms of normal items in a normal market. GW is a CLOSED system that loses more players than it gains on a daily basis. To use your example ... the high end items of the real world didn't even blink from 9/11.

I highly doubt many will back you up on a 30 pommel being a fairly common drop. In 11 months I have had 2 only one salvaged. I am sure my experience is closer to the norm than yours.

Cherno · Apr 14, 2006, 09:28 PM // 21:28

True high end items didn't because they were high end due to limited quantity.. ie perfect crystallines. Perfect mods are much more common and akin to new car versus used car for non perfect mods.

Guild wars is a closed system but an open market, a microcosm. All the same elemenets are present.

I am done. Go ahead and start a business with your tactics and report back how that works out for you.

leprekan · Apr 14, 2006, 09:31 PM // 21:31

Quote:

Originally Posted by Cherno

True high end items didn't because they were high end due to limited quantity.. ie perfect crystallines. Perfect mods are much more common and akin to new car versus used car for non perfect mods.

Guild wars is a closed system but an open market, a microcosm. All the same elemenets are present.

I am done. Go ahead and start a business with your tactics and report back how that works out for you.

LOL, I own a high end computer company (7 years now). I deal in 30 pommels not the 29s

The Fox · Apr 14, 2006, 09:41 PM // 21:41

Quote:

Originally Posted by leprekan

No offense to guru ...

What I see driving prices up more than anything is the game itself. GW is definitely in need of an infusion of new people to the game. A closed system can only absorb so many items. Fewer people buying means an increase in prices to compensate for fewer sales.

I'd be inclined to disagree with this one. "Fewer people buying means a decrease in demand, which causes prices to fall." Simple microeconomics. Not to mention that a "closed economy" means items are being stockpiled by people at an increasing rate since the aging population are unable to "absorb" the items and use them themselves. This in turn causes an increase in supply, which also decreases price.

Inflation however, is what drives up prices. For this reason I can see an increase in prices as the amount of gold in the game increases.

Quote:

Originally Posted by leprekan

An auction house would be GREAT! It would also be the death of GW. Look at rune prices after they put a rune trader in. If ALL prices across the board dropped and things had next to no value BAM instant 2 classes rich and dirt poor for life. Having trouble getting that FOW armor? What if a 30 pommel was suddenly only worth 10k? How many 30 pommels do you get a month (more like 6 months)? What would a 29 be worth then or a 28? Food for thought ... if you were able to easily reach every goal (items,fow etc) how long would you consider this game fun to play? People need to look at the big picture not the short term woes.

GW Death due to a better trading system! NEVER Well... sure the game will get more repeat buyers based on how long they can get people to stay in the game, but I would have to argue that a better system would decrease the grind of buying and selling items, which in turn would make people have more time to enjoy playing that game and thus want to play it more. This would cause happier players that are more likely to buy the next chapters and play the game because it is/was fun.

ngu_qua · Apr 16, 2006, 03:40 AM // 03:40

wow look what happen when i try to sell item cheaper than the chinese farmer------>http://img81.imageshack.us/img81/783/woww5bu.png

Thallandor · Apr 16, 2006, 09:03 AM // 09:03

Quote:

Originally Posted by leprekan

An auction house would be GREAT! It would also be the death of GW. Look at rune prices after they put a rune trader in. If ALL prices across the board dropped and things had next to no value BAM instant 2 classes rich and dirt poor for life. Having trouble getting that FOW armor? What if a 30 pommel was suddenly only worth 10k? How many 30 pommels do you get a month (more like 6 months)? What would a 29 be worth then or a 28? Food for thought ... if you were able to easily reach every goal (items,fow etc) how long would you consider this game fun to play? People need to look at the big picture not the short term woes.

The big picture? Short term woes? please read that post again and ask yourself how long have we endured this "short term trade woe?" If you think inflation should exist to cater for players FoW armour all i can say is good for you. gg

*resist motion to swear*

Edit: To the above poster with the SS, send the SS to ANET Support to have them banned. Period.

d4nowar · Apr 16, 2006, 09:07 AM // 09:07

Quote:

Originally Posted by ngu_qua

wow look what happen when i try to sell item cheaper than the chinese farmer------>http://img81.imageshack.us/img81/783/woww5bu.png

I may just be in a giddy mood tonight, but that made me lmfao.

Poison Ivy · Apr 16, 2006, 09:09 AM // 09:09

Quote:

Originally Posted by BloodBrooder

I'm not saying that selling for a higher price is scamming i am saying selling something for 2k more then its worth to a noobie is wrong. that was just my point

They have to grow up eventually.

TheMosesPHD · Apr 16, 2006, 09:19 AM // 09:19

Quote:

Originally Posted by ShadowStorm

I've noticed this too. The other day I was trying to buy a perfect sword pommel of enchanting for the usual price, 30 - 45K. I had about 7 people PM me in about 10 minutes wanting between 125 - 175K. I called them insane and they said that's the price they've been seeing people buy for. They told me they'd find someone serious who wanted to buy. I was starting to think something was happening to the economy, so I jumped on the GWG Auction House and took a sigh of relief when I saw the average price on there.

Maybe I'm just incompetent, but I've been looking around for the GWG auction house for about a week now. Where in the world is it? Where are the links to it?

And ya. It's really easy to slightly manipulate the economy for a short period of time if you know how to play your cards right. Those guys you talked about selling the pommels for over double were morons if they thought they'd really get away with that. A couple guildies were able to buy two Brohn's Staves at 35k back when they were selling for 60k. It might seem a little bit deceitful, but I consider it more along the lines of being thrify/shrewd, which is just how you play the game of economy whether in life or in game. If you know that the prices being offered are absolutely pathetic, though, then just wait a couple hours or just til the next morning to try and buy again.