Curse

A Famine · Jul 15, 2005, 01:02 AM // 01:02

1,000,000 / 200 = 5,000 ale. Problem solved.

Lasareth · Jul 15, 2005, 01:07 AM // 01:07

o.o /yes

Thom · Jul 15, 2005, 01:15 AM // 01:15

I love economics and gave my input in development. With Faction, the economic system is doomed to failure as the main customer has no reason to trade. I suggested a gold based reward system, but clearly that was not taken. The economy isn't that interesting to begin with, because there isn't much interesting to buy. The most valuable asset to a PvPer is faction at the moment and that isn't tradable.

You need some way to use money to influence people. The best use I have found for gold is to level new characters quickly and make friends. If I want a rune or a component I will cash in some faction.

NightStalkerXT · Jul 15, 2005, 01:18 AM // 01:18

Quote:

Originally Posted by enzymepopper

Can't believe how many people responded to the "GW Stock Market Crash" thread I posted. I'm a stats player. I crunch numbers in my head and I run economic scenarios over and over again. I didn't know there's that many economically minded people out there on GW. For us rich GW market traders, you wanna all form a new guild who's mission is to achieve economic supremacy over GW? A new united trade union where everyone has to have over 1million G's to join. And our activities are to dominate the market and become that powerful Cartel with the economic resources and power to drive the prices of the market any way we want. And then the Devs will realize our economic strangle hold on the game and force us to disband our guild. But we will go underground and maintain contacts. Becoming a secret GW organization amassing extreme amount of economic power and secretly directing the way people plays GW through economic infiltration, coercion and subjugation. We could call ourselves "The Hidden Coin" or some other dark and subversive names.

I love those secret society stuff.

Oh plz get real all they would have to do is make everything in the game available from merchants. As it is thats what they are doing, or have you not noticed the updates? (ie: rune traders, a guy to escort you to Piken Square, Dye Traders etc....)

generik · Jul 15, 2005, 01:19 AM // 01:19

Please.. not more rewards for Pvpers.

In fact I'd suggest they take sigils out of HoH drops too. They have their fame and faction, we have our gold, let's keep it separate.

ManadartheHealer · Jul 15, 2005, 01:22 AM // 01:22

Quote:

Originally Posted by Sofonisba

Anyone want to form a socialist society of guilds?

That sounds excellent, comrade

Willow · Jul 15, 2005, 01:25 AM // 01:25

Alot of these people with such an interest in economics don't really know anything about economics.

Do you really believe that a good way to start a secret society is posting about it openly on a website?

NightStalkerXT · Jul 15, 2005, 01:27 AM // 01:27

Quote:

Originally Posted by Willow

Alot of these people with such an interest in economics don't really know anything about economics.

Do you really believe that a good way to start a secret society is posting about it openly on a website?

LMAO good point

EmperorTippy · Jul 15, 2005, 01:36 AM // 01:36

Quote:

Originally Posted by enzymepopper

Can't believe how many people responded to the "GW Stock Market Crash" thread I posted. I'm a stats player. I crunch numbers in my head and I run economic scenarios over and over again. I didn't know there's that many economically minded people out there on GW. For us rich GW market traders, you wanna all form a new guild who's mission is to achieve economic supremacy over GW? A new united trade union where everyone has to have over 1million G's to join. And our activities are to dominate the market and become that powerful Cartel with the economic resources and power to drive the prices of the market any way we want. And then the Devs will realize our economic strangle hold on the game and force us to disband our guild. But we will go underground and maintain contacts. Becoming a secret GW organization amassing extreme amount of economic power and secretly directing the way people plays GW through economic infiltration, coercion and subjugation. We could call ourselves "The Hidden Coin" or some other dark and subversive names.

I love those secret society stuff.

I'm pretty ahead of you. At 30 members so far. Net game wealth combined is in the 10's to 100's of millions. Only problem is that we are all in different guilds. And that we will destroy the market if we ever get around to doing it. It was going to happen 2 weeks ago but the market had pretty much stabilized except for ectoplasm so we decided to leave it as is. Now though ANet destrotoyed a economy that was getting better and stabilizing pretty well. We have decided to hold of until we see their fixes and how things work out.
Heres the thread about it: http://www.guildwarsguru.com/forum/s...ad.php?t=24605
as its dead don't res it but read it.

NightStalkerXT · Jul 15, 2005, 01:45 AM // 01:45

EmperorTippy as several people pointed out in the thread you linked you would be broke very soon after you tried that lame brained idea.

BTW you obviously did not read my post did you?

hydrak · Jul 15, 2005, 01:50 AM // 01:50

Quote:

Originally Posted by Willow

Alot of these people with such an interest in economics don't really know anything about economics.

Do you really believe that a good way to start a secret society is posting about it openly on a website?

What are the people with economic interests are you talking about? All they did was that they found a loophole with the material traders, and they robbed the traders by stocking and selling directly to the traders.

EmperorTippy · Jul 15, 2005, 02:02 AM // 02:02

Quote:

Originally Posted by NightStalkerXT

EmperorTippy as several people pointed out in the thread you linked you would be broke very soon after you tried that lame brained idea.

BTW you obviously did not read my post did you?

I read every post in this thread, including yours.

No one actually knows what would happen if we ever did what we plan as it has never been done before. And if you think that the entire idea was posted on that thread you are sorely mistaken. I ask you: Did you read that whole thread before saying that we would be broke? I pointed out quite clearly in their that we don't really care about how much gold we would lose. As I don't really feel like starting the debate from that thread again I will not comment on anymore posts about it and would ask you to like wise not mention it. I am tired of all the PMs, IMs, and e-Mails asking me how to make money.

Now Hydrak I reported that bug but after every update for about 24 hours it goes unfixed and then ANet fixes it. I think that they are building the updates of an older build without the bug fix in it. As for robbing the traders I didn't really do that either. Buying slowly over time and not selling is stocking but we never actually sold the items and if I did I would prolly lose money.

NightStalkerXT · Jul 15, 2005, 02:24 AM // 02:24

Quote:

Originally Posted by EmperorTippy

I read every post in this thread, including yours.
No one actually knows what would happen if we ever did what we plan as it has never been done before.

I would venture a guess that it would cause mayhem initally, however anyone with a head on their shoulders would simply not buy anything for the short duration of that kind of antics. Because rest assured that is something that would grab the immediate attention of A-Net and they would stream something in to fix the problem.

Quote:

Originally Posted by EmperorTippy

I ask you: Did you read that whole thread before saying that we would be broke? I pointed out quite clearly in their that we don't really care about how much gold we would lose..

Yes...and it would be in vain...and you will have accomplished nothing except spending a lot of gold needlessly.

Quote:

Originally Posted by EmperorTippy

As I don't really feel like starting the debate from that thread again I will not comment on anymore posts about it and would ask you to like wise not mention it.

Then why, pray tell, bring it up here?

Willow · Jul 15, 2005, 02:25 AM // 02:25

Quote:

Originally posted by Hydrak
What are the people with economic interests are you talking about? All they did was that they found a loophole with the material traders, and they robbed the traders by stocking and selling directly to the traders.

I'm not talking about trader loopholes... that ultimately doesn't have anything to do with economic theory. (Well, it does to a point, but more importantly is that you don't have to be an economist to understand the bug.)

My larger point is that alot of the people who try to back up their theories about GW economic trends try to use economic terms and don't know what they're talking about.

I haven't done enough research into the in-game specifics of what's currently going to speculate into a market trend. So don't look to me for advice on what to do right now.

But my point is: I actually am an economist. Most people who talk about economics aren't.

hydrak · Jul 15, 2005, 03:55 AM // 03:55

The only power in this game are the updates. No player or players in this game can form an economic power. Besides a few priceless rare items, gold are next to nothing in this game. 1000 plats is worth half or 2/3 of the fissure armor set, and nothing more. There is absolutely no way any group of players can control the gw economy except slowly driving up the inflation.

Prove me wrong by trying to control the price of ectoplasm for example. You can drive up the price slightly by using all your gold and buy up everything from the traders. But there is absolutely no way you can get the price back down to less than 2k which was the price the first few weeks of GW. Thus you can't control the GW economy.

Kershent · Jul 15, 2005, 07:09 AM // 07:09

The point, Hydrak, is that they would be cutting off the Ecto market completely. The price would be INSANE at the traders if they bought enough, and then they could sell it back to everyone at their leisure, pretty much securing a monopoly on Ectos for a good while.

I would join something like this, but I don't farm, so I don't have 1 mill in my storage. Hell, I don't even have 10k in storage. I'm broke! But if you ever wanted to farm and have someone sell off your rares for ya, I'd do it. Like a lacky, or a grunt.

Makkert · Jul 15, 2005, 09:13 AM // 09:13

good luck on your monopoly.
if you try, and IF you are succesfull, i'm sure you will become 'popular', and ruin your name in this game. enjoy playing :P

hydrak · Jul 15, 2005, 04:25 PM // 16:25

Quote:

Originally Posted by Kershent

The point, Hydrak, is that they would be cutting off the Ecto market completely. The price would be INSANE at the traders if they bought enough, and then they could sell it back to everyone at their leisure, pretty much securing a monopoly on Ectos for a good while.

Besides the weekly or bi-weekly updates, no player or group of players can do that regardless how much gold they have. It took millions of platinums and over 2 months of guild wars to drive the ecto price from an average of 2k to an average of 10k (occasional 20k spike doesn't count).

So, for all of you with 1000 plats of gold in each account and dream of controlling the ecto economy, I'd say burn all your gold buying ectos from the trader and see what will happen to the trader price. Beside a slight increase, I'd say absolutely nothing will happen.

Edge Martinez · Jul 15, 2005, 04:56 PM // 16:56

Quote:

Originally Posted by Principa Discordia

I still don't understand how people think that gold is worth anything at all until it's actually exchanged for goods. People brag to me about how much gold they have all the time, I'm like... "Well done?

What will you spend it on?" their reply is always the same; "I don't really have anything to spend it on, I just like to have it."

And all I can say is I agree with that statement. It's like people in RL who are like, "Dude! My shares of Disney are up ten dollars!" Hey... good for you, but unless you sell them, you're still in a hole. What you have rarely matters. What you do with what you have, especially in this game, is what matters. All that time building up millions with nothing to buy could have been spent in the HoH getting better at PvP and winning Fame and Faction and Sigils.

Algren Cole · Jul 15, 2005, 05:05 PM // 17:05

I had 13 plat last night....then I gave it away.

gold is useless...you don't need it