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My conversation with an inflationist

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xyzse

PostPosted: Fri Apr 14, 2006 8:11 am


Inflationist
Alright... to be honest I applied for this guild as a joke... and in the application to join this guild I blatantly wrote how I manipulated the market/bought out and mass inflated the market in order to make a fortune in two months... so yeah.... you'd think that I would have been rejected immediately, no?
xyzse
Pretty much,
Besides AIR in essence is to be used as a discussion. I accepted your application due to the fact that I wanted to know what you would say to certain things.

In a way, I do not mind it due to the fact that it would then allow the individuals here to think beyond what you say. If there is an active inter-change it might even be better.

The most important part is the discussion.
Inflationist
Ah, in that case I would enjoy being an active participant on this board ^_^ even if I do stand against all that it preaches ^^
So... may I start topics of discussion asking you all what in the world I am doing wrong, or how you plan to stop/weaken Market Masters as myself?
Or would spurring those discussions go against what this board stand for.
I'll keep you all up to date with my latest victim (item) in the market.
Two weeks ago it was the Goti Clips, which raised about 300k for my Guild ^^; I'm going solo this time once I sell my Nitemare Scarf...
*wonders when he'll be banned XD*

xyzse
It does not matter.
You telling me that, pretty much tells me that it is that which is being raised.

I have to admit that inflationists do definitely have the upper hand. Some are really fighting against it. I am slightly different.

My object however is to have fun and make people slow down. Gaia is not fun when the only thing most would do is to try to get items without making it more of a true social scene. Currently what this has been doing is making it harder for those who are trying to help out the newer members very weary.

The current climate does not allow us to trust those that come to us that they are indeed new and will treasure what they are given or given a deal in. There lies in the problem for me. I would like helping more people but the problem is, how can I trust them? In that sense I have to take the banner of anti-inflationism and charity even though I can see the merits of inflation. Since they are the under dog and the fact that the inflation of a crazy kind where prices jump in not increments but large ones does not really help in attracting newer users an have made some of the older ones such as I leave, and in leaving so does their items which become scarcer in the market. ((Less for you guys to play with))

In that end, inflationists and anti-inflationists must try to make gaia a bit more hospitable. A bit more fun where new-comers are not marginalized by crazy shifts in prices, and where older ones can feel relatively safe in giving someone a good deal, who would not turn around and immediately sell it for a cheap profit.
Alright,
The purpose of discussion is also to appeal to the better senses of some inflationists.
One of the over-riding concerns is that in doing what they are doing they then push people away. In that end they are also hurting themselves. At times it is good to appeal to their interests to find some common ground.

The more oldbies quit due to disgust, the less items there are to play around in the market. Making it harder for them themselves to get items they want to get.

The less old items are in play, the less likely they will be able to get an old item beyond an OMG. In that end, they forget to think of the longer term.
PostPosted: Fri Apr 14, 2006 7:52 pm


I have alot of disscusions with inflationists. And usually, no matter how well your argument stands, they aren't going to stop. I gave up trying to reason with them, or even have a decent conversation where there is no hostility. Maybe I have just been talking to the most stubborn inflationists, but I think it's better to inform others than to try to talk them out of inflation.
I was asking one of my friends who's an artist to come to the ball. She's an 03 member, a pair of angelic minis and other rarities on her avi. And she had no idea what inflation was, or what this guild meant by deflation. If there are really people out there like that... well, maybe that's why inflation is doing so well. And so I have hope that educating people will have a real impact. I've already talked to alot of people, mainly in chatterbox. They seem really interested. 3nodding


Frosted Fai
Crew


xyzse

PostPosted: Fri Apr 14, 2006 8:51 pm


Yes, conversations are always nice.
I do not mind talking to any one, it teaches me quite a few things and what to do next.
PostPosted: Sat Apr 15, 2006 8:52 pm


What I do not understand however, is the disconnect between those who purportedly state they are religious and their actual actions.

xyzse


Faladyne

PostPosted: Tue Apr 18, 2006 2:30 am


I can see the lure to inflationism... hell, I was on the border of becoming one for a while: I joined an AI guild, and hell, I even attempted to inflate the Reindeer Slippers a few months ago sweatdrop . And it's a deadly lure too -- a quick profit. You invest 10k and come out with 20k, or more. And who wants to stop doing something that makes them profits that are quick like that?

Now, there's the thinking amongst the deflationists that inflationism is a get-rich-quick scheme. Except it's not; it's the same logic as holding gambling contests. Sure, you profit from it and someone else is happy for a little while after they win... but that doesn't mean it's going to be successful. Same with inflation; you could easily screw up and cause the prices to drop, or cause a surge in the number of items being sold that far outweighs what you yourself can fund.

And buying and reselling items in itself isn't illegal; the loophole is that you're technically just buying yourself several copies of the items... and then deciding to sell it later at the 'next best price', which just happens to be higher than what you bought them for.

Also, there's an endless supply of new members and n00bs out there who, no matter what, once they have the funds for it they want their item and they want it NOW, and to hell with anybody who tells them to wait for prices to drop. What if prices don't drop? And so, they buy their items, all the while helping the inflationists even more.

Now, here's what saved my a** from being an inflationist; inflation became popular to do. We've all noticed that every single donation item has been methodically been inflated over the last 2-3 weeks. And here's the kicker; once inflation has hit every single item, then the entire point of inflating them just became moot. Why? Because the ratio between prices are exactly the same again. 2:10 is the exact same as 4:20. It just means that everyone, inflationists included, pay higher prices in the long run. The more items are deflated, the less gaia gold itself becomes worth.

This is also the reason why Sealed Letters are inflating so rapidly -- who in their right mind would sell a Sealed Letter while they can still get more for 2.5$ a pop at 6k, when the item will probably be inflated in a month or two for an easy 2 or 3 times as much profit?

Anyway, that's enough out of me for now XD. Take what I wrote with a grain of salt if you wish; after all, I still actively play the market by buying underpriced items and selling them at their normal price, which in itself defeats deflation and helps inflation. And I very well could even be completely wrong and just made the biggest 'a** of yourself' post ever. But that's my two cents.
PostPosted: Tue Apr 18, 2006 7:07 am


Oh, I can definitely agree with you. Which is why I subscribe to the ratio theory as well. I took that position already, fortunately I joined early enough and was pretty much happy with what I have to begin with. Which is why I have been able to do the things I do.

xyzse


Momoka

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PostPosted: Tue Apr 18, 2006 3:40 pm


hmm well gaia economy is becoming more and more complex to me i think.

I do agree about the part of ratio keeping the same and past nov03 items, the inflationist are having the same problem as they would have to pay more to get older items.


i guess i don't really care about gaia economy this much no more (since i don't really have the same interest in gaia no more XD)

well i think the only real victims are the newbie who wants to get the items. So i totally support people like Lexi, Delicate or winterslove smile that sells letters to those newbies.
3nodding

Though, my feeling about newbies have changed quite a bit.
Nowadays less and less newbies really want to do the effort to exchange.
From what i seen most of them all are like : hey i'm new! the items are so expensive but i want, give me! give me give me! crying
evil inflationist...evil rich people..etc...Etc...Etc.
All they do is to complain. I'm sure if they were less lazy and start to exchange (hey, selling off commons, gaining gold little by little is a good start!)

So to those who don't even want to do effort themselve, i won't feel any pity or anything to them. They don't makes me want to help them.

aah XD; i don't know what i'm saying no more lol sorry if my speech confuse you ^^
it's just, lately, gaia and real life tires me a lot
xp
PostPosted: Tue Apr 18, 2006 4:35 pm


Oh I can definitely agree Momoka in that sense.
I just have fun with what I do. Make people's heads hurt. twisted Although, I am a sucker for doomed causes so. sweatdrop
That is why I added this to my little speech in this new thing I am doing.

"Why do I care, even if I have everything that I want? Well, it is simple. The current climate does not allow us to trust those that come to us that they are indeed new and will treasure what they are given or given a deal in. There lies in the problem for me. I would like helping more people but the problem is, how can I trust them?"

Found here... http://www.gaiaonline.com/forum/viewtopic.php?t=13024608

eek I am doing something extremely extremely rare. Auctioning out my art.

xyzse


Lydbug

PostPosted: Mon May 08, 2006 7:28 am


I actually need some advice. I know that the high bidder on my vial of unknown liqiud is buying every vial on the market for 700, and then sellinjg them for 888. I am tempted to withdraw the sale, but I wouldn't know where to go from there. If I turn around and try to compete by selling it cheaper than him, he will just buy me out. And I can't in good conciousness turn around and sell my vial for the same inflated prices he aims for. But I don't want to contribute to his stock either.


Any advice?
PostPosted: Mon May 08, 2006 11:11 am


Usually selling in the exchange allows you to do that a bit better.

xyzse

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