Ninjaking333
Yeah but with seven or so different types of bread all you get is everyone paying for different things. Theres no unity within the marketplace and theres not enough people for that to be viable.
Why's that a bad thing? By seeing a spread in what people are buying and what is being seen as valuable I think another thing that we're seeing is people who were hoarding items have decided to sell them off to get more gold to spend on other things. That's helped increase the number on the market and drive down price as well. Increase in supply and decrease in demand.
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You can say the falling prices are good and the investors were bad for things but I started as a newb investing in MCs and made a fair go of it. It was never a case of buy into the high items it was buy when things were low and then ride it till you had enough to buy what you wanted. And hey if your item didn't rise you tried again! Thats the fun of it. Theres no fun if everyone wins every time. Also back to the bread metaphor. It would be fine if the value of the seven types of bread stayed at the same level. Say they all had a seventh share in a million but they've insisted on taking 2% off that million every time.
mmm. There's a difference between investing ... buying items at a low price and selling them at a higher one and pricejacking. And people were (and probably are still) deliberately increasing the price and working in groups to do it. They lost some of their capital, especially with the 2% cut, making it less profitable to pricejack and to do a lot of short-term investments. I think longer-term investments are still going to be a wise move, ultimately. It's just that some of the less natural inflation we'd seen on newer items is going to go down because it's less profitable to do it.
Dunno about you but I'm holding on to the few '04 letters I still have. They're not worth as much as they were, perhaps, but neither are the '03 items that I'd hoped to buy with them at one point.
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And also a sudden decrease in price seems fine now but if it wiped across the whole market all you'd have was everything at a low price. There'd be no drive. Why does everything have to be given to people! Liberalism is all fine and well but sometimes you gotta have a bit of capitalism to give people some goals. It may create some elite class who have more money but as you said yourself this isn't the real world and it doesn't affect things properly. People won't starve because they can't afford a Demonic Pendant.
Sorry, but I do have to giggle at the thought of Gaia having a political marketplace. The admins have yet to step directly in and regulate or alter prices. It is still very much a free market. There are just more products now and more shiny things to entice people to buy them rather than saving up or hoarding and planning on spending it all later.
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And your right there are no jobs. There aren't people who spend there time trying to make gold anymore. Because essentially those jobs have been wiped out. I know its supposed to be a social site but when you have something great tacked on by accident you don't cut it off coz its not supposed to be there. Hell if you suddenly found you had grown wings one day but you weren't supposed to be able to fly normally you wouldn't cut them off!
If you're referring to the big ticket gold earners: there are still exchangers. Still artists. Still plenty of people who fish or play games and sell off rare items. There are people who buy MC's for real cash and EI's and sell those too. The game still exists, but it's played differently now.
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