Media Wynncraft's Economy: Update Predictions

Hey, Mantis here, and I'd like you guys to share your ideas concerning Salted's latest update post. In said post, he mentioned that items will now be re - identifiable, with a small increase in cost after a re - identification. I'd like to know everyone's opinion on how this might effect Wynn's already unstable economy. First of all, I'm going to lose a metric crap ton of potential LE, since well ID'd items will no longer be very rare. Those 4/4 meme toes you just spent a stack on? Yeah, rip you. I'd also like to see how mythics would be affected, since some mythics (pure, archangel, stratiformis) are sold depending on their IDs. For example, a 21% stratiformis would be sold for 3 stacks, and a 90% one could be sold for 40 stacks of LE. as mentioned by @Kraby This would mean that people might lose stacks of LE while others might gain thousands of emeralds. Post your opinions down below, let's have a flame - free and lively debate

 

I think that this will definitely result in changes. I found a 25% Strati a while ago and I sold it for quite bit of money. Now imagine if I spent, what, an LE to re-ID it and I got 73%. I'd get about 16 Stacks or something in exchange for 1LE. Since I'm by no means a market person this won't effect me that much. And keep in mind, new players and new items are always arriving.

 

They just dont care about the community saying that the economy is broken, which is true, for over 6 months now.
Just made it even worse,and also pretty boring.
If I want a good item now I dont have to find more than 1 which is pretty sad

 

If things actually get cheaper, people will have to pressure othes to lower prices or some people will have to accept to lower prices.

 

Like Salted said earlier (forgot where) it's intended to be some sort of emerald sink to drain the ludicrous amounts of emeralds players have to reduce inflation, in the long run. It is clear that the wynncraft economy is incredibly horrible if something, even a powerful, max IDed mythic, is worth 40 stacks of LE. The prices for identification will go up exponentially as well, meaning the price will get much bigger if you keep trying to get that one max ID. Sure, it does sort of screw over those people who have those many stacks of LE, but it allows a chance for people much more poor to have a little chance at getting a well-identified mythic.

EDIT: It's still hard to judge at the moment, since it was not put into practice, yet.

 

I think there will definitely be some change, but if any, not much, as the price of the re-identified items will go up since there will be better IDs.

 

My friend has my 4/4 mementos, plox don't re I'd them

 

I'm fairly sure that items will not automatically be re-identified. It's just that you have the option to re-identify your items if you want to to hopefully get better ones.

 

I predict:

• Since equipment can be re-ID'd, it will be easier to get high loot/XP equipment, therefore making it faster to level up along with the known XP buffs in higher-levelled mobs, and items including Mythic-tiers to be found more (but some items like that nerfed + re-ID feature) -- causing a deflation.
• People will become disappointed over the fact that the more needy items now (like Jester set or Mana Regen items) are likely to be nerfed, so a bunch of "newer" items will be introduced into the Trade Market and people will need a lot of different items you do not normally see in the market.
• Some new items will be somewhat overpowered and may become needy items.
• The poor and the rich move closer together as long as the re-ID feature is here.
• In a few months, (some) people will have what they want as a result of the re-ID feature and deflation, so they are not going to visit the Trade Market to buy or sell.

Some of my predictions are pretty obvious but oh well :v

 

Economy, Any kind of economy, Even in a video game, Just like nature, Is made to rebuild itself.
After the update I predict the economy to be even more stable than before in 1-2 months, We'll discover all the new Mythics, Some prices will change, But that's it.
The thing that I'm not really the happiest about is that the update is basically (Just like some before it) makes a lot of old players lose LE and time from their lives.
And if the server gave each one of them LE to cover up the loss would just cause even a bigger economy problem, So the old players of us would just have to deal with it.
Games are basically made for a reason- Start the game, And finish the game.
And when updating a game you think about the whole process, Not about what would happen to a guy who's already in the middle of the process and the effect on him.
I'm pretty sure that for new players (For example someone who's just joined the server) this update is nothing but good, Like it should be.
But in my opinion when making updates The Wynncraft Content Team should think a bit more about how it would affect older players, And of ways to prevent such things as LE and time loss, Since Wynncraft is an MMORPG, The type of game where the progression is meant to take a very long time.

~Mutton.

 

The main issue in the current economy is that now some people have a ton of emeralds, especially from selling mythics (I know someone who spent almost all their emeralds on a Weathered). Draining money out of the economy will solve the inflation issue.

Re-identifying items will possibly cause items with lower-ids to be more sellable.

Another thing is how the new soul point system can cause items to drop. It causes the need for items to increase, as people are losing items, causing more buying. Keep in mind prices will likely be lower due to re-identifying.

My prediction is that, for the first few months, the economy will start to fix itself progressively. From there, one of 2 things could happen:
1. The economy stays fixed
2. It could rebound due to players selling items and profiting off the people who lose items due to the soul points system, thus causing some players to slowly make higher amounts of money.

Either scenario is possible, and we'll have no way of knowing until the time comes.

 

Sorry if you thought what I said was meant to be rude. I just wanted to point out that it took you guys over half a year to realize how Broken the economy is ( from the Basic players point of viewing!).

If any of you guys just announced such an Important change right when it came to your mind you could have saved alot of old people from wasting their stacks and stacks of le for items and also newer players from selling their Bad Rolled items.

Don't get me wrong but that should not be that hard to do, right ?

And speaking of the economy being Broken : it definetly is at the moment. It rewards rich players and broke players have to pay for that. However,if you want to change that all players in wynn would have to work together to fix the economy. At the very Moment prices are unstable and easy to break. An example would be crystal. It was sold for 20le each with good ids until the time when me and @MatSpace25 started buying them for over 1 stack le. Since then no good crystals sell for under 40le because we did that.

One way to fix it would be having a set price range for every item based on the Market. That means that a crewmember would have to check prices from time to time and make a List of what items value is and how much more or less they are worth.


Another way would be making items untradable after re-rolling them once. That would make up for the feature, wouldnt break the economy more and it would still make items rerollable if you really want one for your build.

 

The untradable thing actually makes sense O: