Debate About The Wynn Economy

no it doesn't

you make a buy thread write some obvious things in it like the name of the item the amount you might pay and the stats
bump the thread a few times and boom item gotten

 

You get around 100le from quests iirc

Then then we will finally have deflation.
But we need an end game money sink not just any sink

 

i made a fuck ton of builds with about 5 le

 

It's simple: we delete the economy.

 

1 month ago or so i sold a 41% xp bad wolf, @Hero Cerebrum bought it by i spend a lot of time trying to sell it, specifically 3 weaks i sold it for 12 le, sometimes is fault of the offer-demand and the buyers, who want everything godly and cheap, i remember a guy who called me scammer cause he offered 5 le and i told him that it worths at least 15, anyway your argument A lacks of sense, that item wasn't bad, the "time" was bad.

 

Which in low activity might take more than a week or a day or two in high activity, a lot of players just want to play, this is an RPG server not a market simulation

 

Removing the money from the circulation would only change the cost of an item but not the value of it. The cost of the item is depending on the currency. Removing money from circulation = increase of value of the currency itself, the cost is reduced but the value of the item remains unchanged

 

And how much time on the market?

 

The entire point of his statement was that you don't need to be rich to enjoy the game.

 

north corea tried that mate

 

Yes this is RPG server and it's also an MMORPG server, you are encouraged to interact with other players, and market is one of the way that shows this characteristic

 

I should have said their are excceptions
you did have a good item but in low demand and like i said earlier in my oppinion on the ecconomy a good bit of people suck at prices

Well whats the effin point to even trying to be good at the game if you dont have much time just play the game with a shitty build only a few quests require a good build to pass

 

You are providing a circular argument.
Let's say that the value is set. As deflation happens it will be worth less Le AND there will be less Le in circulation.
If you use an end game sink the poor will be able to afford the post deflation item.

 

less le in circulation = deflation
deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0% (a negative inflation rate).

In other words, le will be worth more le than right now.
In other words, net change = a big fat 0.

Abundance of le isn't the biggest problem, but its just starting to become somewhat serious inflation.

 

You need to spend a lot of time tho which does make you rich.

Tbh the market is like a different minigame that doesn't add to the wynncraft experience imo

Pre gavel it was possible

 

I don't even understand what you're trying to say anymore.

 

I am providing the circular argument since you are still not countering my argument on how does the money sink helping the market.
If someone is going for end game, how does the end game sink benefits the poors? You are circling the less LE = less cost
but the cost, as said, is a relative, not an absolute. Drawing money from everyone makes something worth less in terms of LE, but it doesnt change the fact that everyone lost money.

 

It is part of the problem because it's not that everyone has more Le now, some players have more

And on an unrelated note I'ma go eat dinner and continue the debate later

 

That's not totally true.

Well for mid game items people won't really use them for endgame, so they will just use and keep/item buyer it after reaching a higher level. For endgame items, mid quality items will generally be bought by players who are on budget.

Usually endgame gears tend to have demand for better quality, so I do sell high quality items for endgame at higher price. But I also keep some lower quality items so people can buy them at a cheaper price...

...

As for the economy, yes it's kinda broken at the moment. There's lack of money sink and too many sources of money (dungeons, quests, loot chests etc).

The rich gets richer, the poor gets poorer. Rich players will have access to buy luxury items and gets the value from it or resell, while poorer players don't get that privilege. This led to generally low demand on endgame legendaries because of mythic weapons options.

And especially reidentification is available, demand for quality legendaries rise even higher. Again a privilege for rich players. Before reidentification was available mid quality items tend to sell as well, but now they hardly get attention.

 

Oh mine, I am pretty sure @orange0401 is enjoying so much experience from the market, so am I.

no this is year 2017, we now have Corkus, you should not be stucking with the concept from Pre Gavel, there are so much more content RN