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Will Arena Net make sure the Gold to Gem and Gem to Gold prices don't get ridiculous?


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9 replies to this topic

#1 Madcat124

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Posted 03 September 2012 - 06:54 AM

I really like the idea of being able to work hard in the game to get gems instead of spending money. Or spending money to get gold quickly. But this begs the question, will it get so bad to the point where 1 gem might cost 10 gold? If so does Anet have a plan to make people want to buy and sell gems more?

#2 Quested

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Posted 03 September 2012 - 07:16 AM

its a free market system based on demand of each ... it will be what it is regardless

#3 M1k3l

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Posted 03 September 2012 - 07:18 AM

ArenaNet has nothing to do with it. It's a player driven market.

edit:
After thinking for a few about this, I guess Anet does have some control.
They can add items in-game and in the cash shop to try to entice players to either want gems or want gold.
By doing so, they can control the market to a point.

Edited by M1k3l, 03 September 2012 - 07:20 AM.


#4 Syntak

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Posted 03 September 2012 - 07:20 AM

the only thing they could do is increase the amount of gold sinks, but it really doesn't matter how much the price of gems increases to apart from how hearts and vendoring items will be worth less as they give a static amount of currency and wont inflate with gems

Edited by Syntak, 03 September 2012 - 07:21 AM.


#5 Rekkie

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Posted 03 September 2012 - 07:31 AM

They can't control it directly but there is plenty of indirect methods. Adding or removing gold sinks will impact the supply and demand of gold while adding new items to the gem store to changing gem prices will impact the supply and demand of gems.

For example they could introduce a barber to them gem store. If they price it low at 10gems most people would be willing to change hairstyles fairly often and it'll bring a lot of small trades to the gold-gem market.

Ultimately though the price of gems has to be something worth one person spending real money to gain. So as gold becomes less rare the price will go up.

#6 Quested

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Posted 03 September 2012 - 07:34 AM

one other thing

if there are not enough serious gold sinks in the game .... as with any fiat currancy that prints nothing out of thin air inflation will continue to rise causing the non reproducable good in game to rise in value dramitically


it will be a fine line balancing the QQing of serious gold sinks with the RMT gems

because the majority will not buy significant amounts of gems with real money keeping the gem supply low and only the gems traded for gold will balance against in game gold

the spent ones are removed from pool

recap:  gems will always rise in value if game doesnt have serious limiting gold sinks you cant get around ... if arena net does a good job constantly adjusting the values for gold sinks the gem market will remain stable .... if not ... then gem prices will rise as the gold supply rises in game

#7 Darkobra

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Posted 03 September 2012 - 11:22 AM

If the gem prices rise then that means you'll also get more gold for gems. So more people will be buying gems and trading for gold and this will lower the prices again.

I reckon the problem sorts itself out.

#8 Proxenos

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Posted 03 September 2012 - 12:15 PM

Those saying that Anet has no power over it are wrong IMHO: Anet could put more gems into the market! They wont do it, but they certainly can!

#9 eror11

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Posted 03 September 2012 - 12:20 PM

View PostProxenos, on 03 September 2012 - 12:15 PM, said:

Those saying that Anet has no power over it are wrong IMHO: Anet could put more gems into the market! They wont do it, but they certainly can!

How would they do that? You can only get gems from donating for them. Unless they made an account, "gave" it a bunch of gems and intentionally undercut the market which is outright ridiculous. Also, they'd be cutting their own income (RL Cash) by doing this... Nothing in the market is "just on the market", there's no NPC vendor for gems. Everything there is tied to an account selling it till someone buys it. Nothing just floats in mid air.

#10 Proxenos

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Posted 04 September 2012 - 11:40 AM

View Posteror11, on 03 September 2012 - 12:20 PM, said:

How would they do that? You can only get gems from donating for them. Unless they made an account, "gave" it a bunch of gems and intentionally undercut the market which is outright ridiculous. Also, they'd be cutting their own income (RL Cash) by doing this... Nothing in the market is "just on the market", there's no NPC vendor for gems. Everything there is tied to an account selling it till someone buys it. Nothing just floats in mid air.

You are right, it would be ridiculous, against their best interest, and they wont do it, but it's not impossible at all! :P




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