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 Posted: Mon Sep 10, 2007 9:54 am
but what is the 2% in the marketplace?
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Posted: Mon Sep 10, 2007 10:06 am
Hmmm I was around when they announced, but as I usually do with announcements, I paid half-attention. xd
I think it means that whatever you put up for sale they take 2% of the profits. And instead, they give you back your 1k for the vending license and stop charging that.
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Posted: Mon Sep 10, 2007 10:15 am
Isabelle Hmmm I was around when they announced, but as I usually do with announcements, I paid half-attention. xd I think it means that whatever you put up for sale they take 2% of the profits. And instead, they give you back your 1k for the vending license and stop charging that. Exactly. They hired an economy major to study Gaia's economy and figure out a way to stop "inflation" from becoming so outrageous. He said that we would have to take gold out of the economy to do that. Hence the 2% which will go back into the system.
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Posted: Mon Sep 10, 2007 10:19 am
WobinA Isabelle Hmmm I was around when they announced, but as I usually do with announcements, I paid half-attention. xd I think it means that whatever you put up for sale they take 2% of the profits. And instead, they give you back your 1k for the vending license and stop charging that. Exactly. They hired an economy major to study Gaia's economy and figure out a way to stop "inflation" from becoming so outrageous. He said that we would have to take gold out of the economy to do that. Hence the 2% which will go back into the system. They hired someone to study it? xd hahaha. I wouldn't be surprise if it was just a college buddy or something. Gaia = srs business.
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Posted: Mon Sep 10, 2007 10:33 am
Isabelle WobinA Isabelle Hmmm I was around when they announced, but as I usually do with announcements, I paid half-attention. xd I think it means that whatever you put up for sale they take 2% of the profits. And instead, they give you back your 1k for the vending license and stop charging that. Exactly. They hired an economy major to study Gaia's economy and figure out a way to stop "inflation" from becoming so outrageous. He said that we would have to take gold out of the economy to do that. Hence the 2% which will go back into the system. They hired someone to study it? xd hahaha. I wouldn't be surprise if it was just a college buddy or something. Gaia = srs business. LOL!! Yeah I'm pretty sure that's what happened. He seems to know his stuff though if you read what he's written.
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Posted: Mon Sep 10, 2007 2:16 pm
What was happening was people were selling their store items on the MP instead of selling them back to the store, which kept the gold and the items in the system. So they are trying to work around that by pulling some gold out of the system with the 2% fee. However, we were never able to sell MCs back to the store, meaning they never got taken out of the system and have never contributed to inflation. Yet the 2% fee applies to MCs as well as store items, meaning MCs are no longer a good investment for us and we're losing money on them every time they get sold on the new MP.
What they are deliberately overlooking is the new gold system, which grants us more gold for posting and polling than previously. Also, they've been putting tons more gold into the system with the Daily Chance - even if we do sell the items back to the store at a 50% loss, that's more than we had previously. If they really wanted to stop inflation, they would stop handing out a bunch of gold to everyone (including mules) with the Daily Chance.
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Posted: Mon Sep 10, 2007 3:48 pm
I've probably made 2k off of daily chance alone in the past two weeks. :B I hardly surf or play games, or sell things anymore so I don't do a lot to earn gold. It just sort of accumulates out of nowhere. xd
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Posted: Mon Sep 10, 2007 3:55 pm
I'm still not seeing how the 2% helps cause even ignoring the new gold system and daily chances, wouldn't one be inclined to increase prices to make up for the 2% Most people here are kids and wouldn't understand the concept of the taxing so would naturally wanna increase to subsidize the cost of the tax and still make what they use to before plus more. I just don't see it working.
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Dirteh Old Man Vice Captain
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Posted: Mon Sep 10, 2007 3:57 pm
Is this going to be for keeps? Or is it just an experiment?
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Posted: Mon Sep 10, 2007 4:01 pm
Well looks like an experiment that'll be long lasting (not quite permanent but long enough to look permanent).
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Dirteh Old Man Vice Captain
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Posted: Mon Sep 10, 2007 4:27 pm
Yeah they said if it doesn't work out they are willing to try other things.
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Posted: Mon Sep 10, 2007 4:29 pm
Myojin Omni Well looks like an experiment that'll be long lasting (not quite permanent but long enough to look permanent). Hehh. That kind of reminds me of the gold "glitch" that lasted how many years? haha.
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Dirteh Old Man Vice Captain
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Posted: Mon Sep 10, 2007 4:35 pm
Isabelle Hehh. That kind of reminds me of the gold "glitch" that lasted how many years? haha. Lol, I good while that's for sure. 2 I think.
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Posted: Mon Sep 10, 2007 6:42 pm
If it encourages people to figure out how much their stuff is worth before ripping themselves off then that's a bonus.
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Posted: Mon Sep 10, 2007 7:00 pm
yea no inflation now...... or am i missing something? lol
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