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kool ken

PostPosted: Thu Aug 23, 2007 3:41 pm


I saw a comment from someone who's been using the new MP.
He doesn't like it. sad
PostPosted: Thu Aug 23, 2007 8:59 pm


i just saw the announcement where the have a thread set up why they explain the 2% fee I'm gonna go check it out now.

JoeEuphonium


JoeEuphonium

PostPosted: Thu Aug 23, 2007 10:21 pm


ok I read it...i just don't think its correct....This is a virtual world...I don't think you can place real world economic rules in here...its not like in the real world where we can have a great depression and people will starve to death and die...in those circumstances yes I can understand that....but this is not the same...also i don't understand the argument they make that the richer will keep getting richer...of course they will espeacially of they are original members of gaia...it is very difficult to create an account today and even expect to get close to where they stand financially. It is a virtual life that does not abide by normal rules. If they were truly concerned about inflation of items then what they should do is reissue them...I know that would piss off alot of people that own these items but it would infact bring down the cost of the rare and expensive items...It is in fact Gaia's own greed that this exist anyways....they want our real world money ...that is why they created monthly EXCLUSIVE letters. I dunno... I know I don't know all the facts...I mean I got A's in macro and micro Economics and all but....the rules are diffrent here...ooh and that forum they said existed in the announcement...well i couldn't post in it...pretty much just a response to some questions.
PostPosted: Fri Aug 24, 2007 3:10 am


Good morning, everyone.

Count Gankutsuou


Tha Chica Lana

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PostPosted: Fri Aug 24, 2007 6:58 am


I'm BAAAAAACK!!! an I'm ready to paaaary! lol blaugh
PostPosted: Fri Aug 24, 2007 10:09 am


Well Hello Count and Lana.. How are you all doing? Joe? You think you post a link to that "forum" ya know.. the retarded one that isn't a forum cause ya can't post in it and they try to explain why they are stealing our money??

ErinsChaos


JoeEuphonium

PostPosted: Fri Aug 24, 2007 10:28 am


Hey Count! good to see ya! Hiya Lana *huggles* Glad to see you feeling better! And I will try Erin...ususally when they post announcements they place it in the news and events section...but guess what its not there..surprise surprise! hmm I'll check to see if I can find it anywhere...*huggles*
PostPosted: Fri Aug 24, 2007 6:53 pm


Back from my away time! Have a good day everyone.

Rogue Angel Kiara

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JoeEuphonium

PostPosted: Sat Aug 25, 2007 12:21 am


I said so in your profile but I just have to say it again...Wow your avi is absolutely gorgeous!
PostPosted: Sat Aug 25, 2007 7:27 am


so whats been going on since I was gone?

Tha Chica Lana

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JoeEuphonium

PostPosted: Sat Aug 25, 2007 7:58 am


Tha Chica Lana
so whats been going on since I was gone?

hmmm catch up on the soap and then check out life styles subforum. *Huggles* you were missed!
PostPosted: Sat Aug 25, 2007 1:18 pm


Lanzer sent out another anouncement about the market place and the 2% fee...this time i copied the link before i closed it and lost it forever....http://www.gaiaonline.com/forum/viewtopic.php?mode=news...

At the bottom of this new announcement it has a link to the original announcement that i was talking about Erin.

I still think this is not the answer to Gaia's inflation....I honestly believe that the old items need to be re introduced back into the economy....

i dunno ... i just dunno...

JoeEuphonium


kool ken

PostPosted: Sat Aug 25, 2007 7:00 pm


The Sagger-AT3 thread

makes a distinction between the increasing value of old collectibles (which he says is a good thing) and inflation caused by more gold chasing fewer goods.

Quote:
Why do you keep using quotation marks when you say "Inflation"?

Not all prices rising are inflation.

Monthly collectibles, and event items, are in fixed quantity. And as more Gaians join, demand for these items is rising. Since prices in some sense represent value, we expect prices of old collectibles to rise. This is not "inflation", this is "real price increases". This is a good thing. Your inventory's true value increases over time, since more people want whatever you have.

In contrast to real price increases, inflation is when prices increases due to excess amount of currency flowing into an economy, faster than the rate in which goods and services are created. It is highly debatable whether this is good thing.

The new marketplace and the listing/ transaction fee, we are trying to balance the influence of the MP on the second type of price changes. It will have no influence on the first type of price increases.
PostPosted: Sun Aug 26, 2007 12:02 am


I still don't get it .... so he is saying that its not the rising costs of Rare items...but its the fact that people will go to the market to buy something they could buy from a store for a little bit less???? hmmm ... I don't know still...you know its easy for me to see that in the real world that I am poor....in Gaia its harder for me to realize that as it is harder for me to realize that someone is rich in gaia....does that fact that I own a Kiki mean that I am a rich gaian? bah it doesn't matter I suppose ... gaia is going to initiate this reguardless and in time we will get use to it... will it fix anything ...who knows...I didn't even know things were broken now.

JoeEuphonium


Camwen

Distinct Dabbler

PostPosted: Sun Aug 26, 2007 9:31 am


JoeEuphonium
I still don't get it .... so he is saying that its not the rising costs of Rare items...but its the fact that people will go to the market to buy something they could buy from a store for a little bit less???? hmmm ... I don't know still...you know its easy for me to see that in the real world that I am poor....in Gaia its harder for me to realize that as it is harder for me to realize that someone is rich in gaia....does that fact that I own a Kiki mean that I am a rich gaian? bah it doesn't matter I suppose ... gaia is going to initiate this reguardless and in time we will get use to it... will it fix anything ...who knows...I didn't even know things were broken now.


They did point out that they will be watching it closely to see if it's actually working - and change if it doesn't. I think the intentions are good. From what I understand they want to make sure it's not too hard for a newbie to get started. If it's too frustrating for people just starting out they will quit and go somewhere else. Too much inflation and you can never save up for that wished for item. It just goes up in price at the same rate (or higher) that you save gold.

I'm actually interested in how it works out. Player economy is always something that online games struggle with. This time they brought in an actual economist (even if they're just a student razz ). Yep, very interesting!
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