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Makoto_Gin's avatar

Salty Shounen

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marshmallowcreampie


That seems to be pretty rare. But just as well, blame also falls on the buyers. Artificial inflation will only jack up a price as high as people are willing to pay for it. A while back I got a rare item from an RIG. I wanted to sell it fast and I was hoping to get MP price, but I couldn't find anyone willing to pay that much. I still managed to get a lot and I'm very happy, though it wasn't as much as the original price. The item in question was one of those rare RIG pets, which a lot of people feel are priced unfairly. But I got a TON of PMs from people wanting the item and willing to pay the high price. It's not my fault other people want to pay that much. (I certainly never would, ha ha) If I was unable to get the price I put it in the MP for and didn't get any offers for anything close, I would've lowered the price. If the item still didn't sell, I'd put it lower. And lower, and lower, until it finally sold.

Speak with your wallet. Well, your virtual one. If you don't think a price is fair, don't buy the item. If you buy the item even if you think the price is unfair, the seller won't learn anything. You tell him the prices are unfair but he's still gaining from those prices, there's no reason to expect him to stop selling the items that high. There's nothing inherently wrong with wanting money. If you were selling a watch at a garage sale and one person offered you five dollars and another offered you a million dollars, who would you sell the watch to?

True, and don't get me wrong I wasn't implying all blame falls on the seller, there's plenty of fault to go around here.

Oh I do, not much of a choice now considering my current state with funds irl. Also too many people on here who do vend like to get snarky when you tell them they're being unfair with prices, though I'm sure many of them realize this and either don't care and if they don't they don't notice it's a pale (but somewhat obvious) reflection of how economics works in the real world. Also it depends on the price, because antiquity and stuff. Also insane people with money.
Makoto_Gin's avatar

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marshmallowcreampie
Jumps in item prices the past few years have been the result of real inflation, not artificial inflation or people being greedy. Booty Grab was a particularly bad offender. The game gave out so much gold for so little work that the gold became worth less than it was before, and prices skyrocketed. Think of it like this: say Gaia decided that, tomorrow, they would give every user ten million gold. Suddenly everyone can afford more items and they all get bought up. To return the market to a balance, prices of the items will go up.

And a lot of people can tell you, a lot of prices have been evening out or going down lately. There's a GCD thread called "I can't believe that item is that inexpensive!", where users post links to items that have either drastically dropped in price, or are a great deal for what they are. (like a low cost on an item with nice hair, or a ton of poses) I attribute much of the deflation to the increase in cash items. I remember when I first joined, MCs were a much bigger deal. Took me several days, maybe a few weeks, I can't remember, to quest for Gwee the Dragon, my first MC. A new user now could easily raise the 30k I paid for the item and buy something else, maybe something even higher quality.

There are certain kinds of items that you can mostly only get with cash items. Pets, weapons, backgrounds, and others. Back when I was new, MCs were in much higher demand. It seemed like every other person was questing for the Ancient Katana. But now, that's not the case. Reason being, there are so many more weapons available that are just as good. The Ancient Katana has more competition. When the Ancient Katana is one of the only weapon items available, more people will want it because they don't have other options. But when you put out a few hundred other weapons, in more variety, many people will stop eyeing that katana and go after one of the new ones. When I was new, there were a few pricey MCs I wanted even though I had no chance of getting them at the time. Kiki and Coco, and the Katana. But now, I don't care much about any of those items. There are more and cheaper weapon options, and the same goes for cats, well, animal companion items in general.

But, really... Why is it such a big deal to you? "Do some good" with virtual gold? Yes, it's nice when people give gold and items to each other, I try to do it once in a while if I see someone questing for something and they aren't too far off, or I can easily afford the item, and I definitely enjoy getting gifts myself. But in the end, they're just pixels we use to make our virtual dolls look nice. Even if a user decides to hoard all of his gold and constantly plays the MP to get even more, he's not doing any harm. It sucks and it's not fair when people hoard items to artificially jack up the price, but people can still buy other items.


Over the past few years, of course it has been actual inflation, back when the cash shop came out and the marketplace reformat, it was a mix of many different things, sorry if I implied it was mainly artificial inflation. Also don't get me wrong I'm not saying gold payout adjustments have been a bad thing, I think it made more sense with applying it towards Booty Grab (which I never cared for, it made my old rig of a pc run slower than it already did) as opposed to making posts which had been the life blood of the site being active. With the item drops on certain items that is something I have noticed and it's something of a plateauing effect that happens after awhile something has been on depending on what it is. When I was on from the site for almost a year and came back at the end of 2011, I ended up buying a ton of items, some of which were MCs and rares that were higher in price before I left.

Poor wording, I'm not very eloquent with what I want to say like I used to when I was younger and even then it would be a stretch at times; more wear and tear on my mind due to stress and disbelief than I like to admit.At any rate, that's pretty much it, they're pixels. If I decided to quit the site right now, I probably keep everything as is for the simple fact that I seriously invested more actual cash in this site than I like to admit but the same time I got a ton of crap from people I know, many who aren't even on the site anymore, that I can't bear to part with and seeing those items are usually the only ways I can remember anything that happened in the past with how my memory is. But like I said before, it goes back to the status thing with some people, whether you want to own that item or sell it to obtain more gold....even if it is in psuedo-game form as opposed to the real world.
Put The Sun Into The Sea
punks44
Put The Sun Into The Sea
punks44
Put The Sun Into The Sea
Oh wow are you retarded
Supply = Amount of items that are available
Demand = How much the item is wanted


Supply = Made by workers of some factory or some company ( i don't know.) And can probably make millions of it.
Demand = The ruling class holds down the supply or hides it so the demand would be high. Meaning , they can control the prices. That's all.
Workers = Gets low salary (Why?) Because apparently , there are more machines than workers.
Sweetie we don't make the items >.>


That's why i told to another someone in this thread that the "Supply and demand" is true in the gaian world , especially we all have the equal opportunities to get gold. But on the real world. Nuh-ah!

"I actually don't believe in the supply and demand stuff"
Isn't this thread about the gaian world? Or...?


Yeah , but i just stated my opinion about the real world.
Tama Rama Ding Dong
punks44
Why doesn't it work out in practice? The theory seems nice.
This maybe a long post but hopefully I can shed some light in this area.

Communism is great on paper, since it states that everyone is equal in status and has an equal pay. As well, everyone has a home to live in and they'll never go hungry. However the major problems with this are:

1. In order for communism to work, you need everyone to agree on it, as well as a few individuals to disperse the wealth. Already, the system is broken, because those few people are given a LOT of power, and therefore they rise in status...which typically leads to corruption.

2. Say there was no corruption, and these individuals split the wealth equal among themselves and others. The next problem is the incentive/motivation to work. For example, the work of a doctor and factory worker would be viewed the same...in this case, taking care of human life would also equal taking care of a machine.

3. Say everyone is motivated to work, the next issue is that equal dispersion of wealth can lead to maintenance problems. A hospital typically needs more money to keep up with new practices and technological advances in comparison to a factory. But if the same amount of money goes into a hospital as it does a factory, people would not have the means to do their job within modern standards.

There's quite a few problems, but this is just a view of the bigger issues.


punks44
Supply = Made by workers of some factory or some company ( i don't know.) And can probably make millions of it.
Demand = The ruling class holds down the supply or hides it so the demand would be high. Meaning , they can control the prices. That's all.
Workers = Gets low salary (Why?) Because apparently , there are more machines than workers.
Sorry, I really don't like picking at people's post, but there's a bit of misinformation here. emo

Supply is determined by the seller. Although you can make a surplus of items, it depends if the seller releases them to the general public.

Demand is determined by the buyer. This will dictate if an item increases or decreases in price.

Within the supply and demand model: you have a listing price and a current price. Say a seller in the marketplace listed a Coco Kitty for 300k (listing price)...this does not mean the Coco Kitty is worth 300k, in fact it's worth is 0. If a buyer comes in and offers 200k, that is its worth and its current price. And it does not change until the next offer comes along. So, the buyer determines if prices will inflate or deflate.


I think on 2. and 3. are culturatic problems (if culturatic is a word.) Anyways , i think it's Ultra Democracy , i think in communism , its more idealistic when you are given what you need , nothing more , nothing less. Meaning , the distribution of money to facilities , or whatever , would not be equal , but they are of equal worth , as they got what they need , nothing less nothing more.

Yeah , my head hurts a little about the supply and demand stuff.
Himemiya Neko
punks44
Supply = Made by workers of some factory or some company ( i don't know.) And can probably make millions of it.
Demand = The ruling class holds down the supply or hides it so the demand would be high. Meaning , they can control the prices. That's all.
Workers = Gets low salary (Why?) Because apparently , there are more machines than workers.



User Image

rofl
We're talking about Gaia here, right?
Do you not know how it works?

Artists make the items.
They are not machines in factory stores, sitting there,
making shoes for you.

The items are made online.
Depending on where they go, there will be a high demand.
CS items have high demand, because eventually they will
be taken from the CS.
However, items in NPC shops stay there forever,
so there is therefore no demand for them,
as there's an infinite amount of supply.

The reason why prices are high on MP are usually for rare items
on RIGS, which is all chance.
So naturally, Rare item + wanted by heaps = High demand,
high prices.

And the MP -IS- ran by people,
hence the prices are high.

It's not greediness, it's the way things work,
and it makes sense.


User Image


I told somebody that i was wrong already. Geesh, sorry ok?
Supply and demand works in here.
Because we don't make the items and we all have the equal opportunities to get gold.
Just not in the real world. I guess.
Himemiya Neko's avatar

Sparkling Senshi

punks44
I told somebody that i was wrong already. Geesh, sorry ok?
Supply and demand works in here.
Because we don't make the items and we all have the equal opportunities to get gold.
Just not in the real world. I guess.



User Image

Supply and Demand does work in the real world.
That's where it came from.
Example, the Sony Playstation 2 demand was so high that stores ran out of them.
But that didn't stop shoppers from buying them.
Lots of people sold them over the Internet for thousands of dollars and people paid it.
They paid it because they wanted it and there was a limited supply.

Just like on here, you could say that eBay is somewhat similar.
The seller sets the price, and if the item is wanted by lots of people,
and is rare,
people will pay the high prices for it.

Just like I sold my SNES in the hundreds because it's an old rare console.


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Tama Rama Ding Dong's avatar

Big Member

punks44
Tama Rama Ding Dong
punks44
Why doesn't it work out in practice? The theory seems nice.
This maybe a long post but hopefully I can shed some light in this area.

Communism is great on paper, since it states that everyone is equal in status and has an equal pay. As well, everyone has a home to live in and they'll never go hungry. However the major problems with this are:

1. In order for communism to work, you need everyone to agree on it, as well as a few individuals to disperse the wealth. Already, the system is broken, because those few people are given a LOT of power, and therefore they rise in status...which typically leads to corruption.

2. Say there was no corruption, and these individuals split the wealth equal among themselves and others. The next problem is the incentive/motivation to work. For example, the work of a doctor and factory worker would be viewed the same...in this case, taking care of human life would also equal taking care of a machine.

3. Say everyone is motivated to work, the next issue is that equal dispersion of wealth can lead to maintenance problems. A hospital typically needs more money to keep up with new practices and technological advances in comparison to a factory. But if the same amount of money goes into a hospital as it does a factory, people would not have the means to do their job within modern standards.

There's quite a few problems, but this is just a view of the bigger issues.


punks44
Supply = Made by workers of some factory or some company ( i don't know.) And can probably make millions of it.
Demand = The ruling class holds down the supply or hides it so the demand would be high. Meaning , they can control the prices. That's all.
Workers = Gets low salary (Why?) Because apparently , there are more machines than workers.
Sorry, I really don't like picking at people's post, but there's a bit of misinformation here. emo

Supply is determined by the seller. Although you can make a surplus of items, it depends if the seller releases them to the general public.

Demand is determined by the buyer. This will dictate if an item increases or decreases in price.

Within the supply and demand model: you have a listing price and a current price. Say a seller in the marketplace listed a Coco Kitty for 300k (listing price)...this does not mean the Coco Kitty is worth 300k, in fact it's worth is 0. If a buyer comes in and offers 200k, that is its worth and its current price. And it does not change until the next offer comes along. So, the buyer determines if prices will inflate or deflate.


I think on 2. and 3. are culturatic problems (if culturatic is a word.) Anyways , i think it's Ultra Democracy , i think in communism , its more idealistic when you are given what you need , nothing more , nothing less. Meaning , the distribution of money to facilities , or whatever , would not be equal , but they are of equal worth , as they got what they need , nothing less nothing more.

Yeah , my head hurts a little about the supply and demand stuff.
Definitely 2 and 3 can be influence by culture. 3nodding
And I think you're closer to the mark as to what communist countries do when they disperse their money too.
I guess what I was trying to get at, is that in communism, money is spread out really thin.
Also, just wanted to say, while the thread got a lot of dislikes, I actually enjoy the debate you got going on. rofl
Tama Rama Ding Dong
punks44
Tama Rama Ding Dong
punks44
Why doesn't it work out in practice? The theory seems nice.
This maybe a long post but hopefully I can shed some light in this area.

Communism is great on paper, since it states that everyone is equal in status and has an equal pay. As well, everyone has a home to live in and they'll never go hungry. However the major problems with this are:

1. In order for communism to work, you need everyone to agree on it, as well as a few individuals to disperse the wealth. Already, the system is broken, because those few people are given a LOT of power, and therefore they rise in status...which typically leads to corruption.

2. Say there was no corruption, and these individuals split the wealth equal among themselves and others. The next problem is the incentive/motivation to work. For example, the work of a doctor and factory worker would be viewed the same...in this case, taking care of human life would also equal taking care of a machine.

3. Say everyone is motivated to work, the next issue is that equal dispersion of wealth can lead to maintenance problems. A hospital typically needs more money to keep up with new practices and technological advances in comparison to a factory. But if the same amount of money goes into a hospital as it does a factory, people would not have the means to do their job within modern standards.

There's quite a few problems, but this is just a view of the bigger issues.


punks44
Supply = Made by workers of some factory or some company ( i don't know.) And can probably make millions of it.
Demand = The ruling class holds down the supply or hides it so the demand would be high. Meaning , they can control the prices. That's all.
Workers = Gets low salary (Why?) Because apparently , there are more machines than workers.
Sorry, I really don't like picking at people's post, but there's a bit of misinformation here. emo

Supply is determined by the seller. Although you can make a surplus of items, it depends if the seller releases them to the general public.

Demand is determined by the buyer. This will dictate if an item increases or decreases in price.

Within the supply and demand model: you have a listing price and a current price. Say a seller in the marketplace listed a Coco Kitty for 300k (listing price)...this does not mean the Coco Kitty is worth 300k, in fact it's worth is 0. If a buyer comes in and offers 200k, that is its worth and its current price. And it does not change until the next offer comes along. So, the buyer determines if prices will inflate or deflate.


I think on 2. and 3. are culturatic problems (if culturatic is a word.) Anyways , i think it's Ultra Democracy , i think in communism , its more idealistic when you are given what you need , nothing more , nothing less. Meaning , the distribution of money to facilities , or whatever , would not be equal , but they are of equal worth , as they got what they need , nothing less nothing more.

Yeah , my head hurts a little about the supply and demand stuff.
Definitely 2 and 3 can be influence by culture. 3nodding
And I think you're closer to the mark as to what communist countries do when they disperse their money too.
I guess what I was trying to get at, is that in communism, money is spread out really thin.
Also, just wanted to say, while the thread got a lot of dislikes, I actually enjoy the debate you got going on. rofl


You're a sick sadist! xD
Tama Rama Ding Dong's avatar

Big Member

punks44
You're a sick sadist! xD
Possibly... emotion_awesome
Tama Rama Ding Dong
punks44
You're a sick sadist! xD
Possibly... emotion_awesome

WAHAHAHAHA!
VVhip's avatar

Dangerous Sex Symbol

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The users do control the prices. And look at the mp.

If you think everyone should sell cocos at 1g, how about you sell your coco for 1g? wink *


See, it doesn't seem as appealing when you're the seller and not the buyer yeah?

*Not really. I'd feel awful ripping someone off like that unless they really wanted to sell it for that price.
VVhip
The users do control the prices. And look at the mp.

If you think everyone should sell cocos at 1g, how about you sell your coco for 1g? wink *


See, it doesn't seem as appealing when you're the seller and not the buyer yeah?

*Not really. I'd feel awful ripping someone off like that unless they really wanted to sell it for that price.


I would gladly to , as long it stays at that worth.
VVhip's avatar

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punks44
VVhip
The users do control the prices. And look at the mp.

If you think everyone should sell cocos at 1g, how about you sell your coco for 1g? wink *


See, it doesn't seem as appealing when you're the seller and not the buyer yeah?

*Not really. I'd feel awful ripping someone off like that unless they really wanted to sell it for that price.


I would gladly to , as long it stays at that worth.


What if I said I wanted to keep it, that I'd never sell it? wink wink wink

Aye, but folks would never do this. At least, the vendors won't. Some of them treat a high gold count like a high score in a game.

But in all seriousness, yeah. If everything was worth 1g, the site would be just like tektek. We could potentially buy anything. I could buy almost every item there is. And then I'd have nothing to strive for!

Just so you know, I really don't want you to sell your item for 1g. ;D

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