Ive been reading all the thoughts, and opinions , and theory's of why the inflation happens , and why our economy is so bad, and the "I hate gilseller" Bandwagon stuff, and I've thought about it a little myself.
The main reasons that I believe our economy is so bad is us, the players make it bad. Mainly because we are lazy, impatient, and bored.
The reason I say we are lazy is because... lets use a bronze harness as an example, lvl 1 Body armor, around 150 Gil in Sandy armor shop from the npc, now you head on over to the auction house, and it goes for 1k-1.5k+ gil. People will pay this much because say they are in jeuno, and they dont want to get a teleport holla and go all the way there and buy from npc, or they are sandy and are that lazy that they dont want to go to the NPC store. Other items for example, i havent checked in awhile, but say kazham pineapples or w/e the hell they are, They are much higher on the AH then at the NPC in kazham where u buy them because people are too lazy to go to kazham, and take an airship there and back to just buy pineapples, so people are willing to pay that much more for them, even though its not a supply and demand thing, because we get them from the NPC, not farming them, people will mark up the pineapples and buy em for that price because they are lazy.
Impatience, we are all impatient, who wants to save up the CP and buy Centurions scale mail, lvl 30 mail, for free, when they could just go to the auction house and pay 90k+ for something u can get for FREE. Some of the other armors are just like this. Who wants to sit and camp Hoo for an O.kote when they can just buy gil and pay 6 million almost for it, when they can get it FREE. People are too impatient. If you just Camp your NM's yourselves, and not buckle down and pay the highly overmarked auction house price, that people are willing to pay, the inflation will settle.
Boredom, we all feel it, we are looking for a party in jeuno, listening to the mindless telelport spams, and casino's, and we browse the auction house and buy expensive gear because we have nothing better to do, when in fact, our gear is perfectly fine and we dont need it. I mean seriously, if you have a wolf's mantle +1, you dont need to buy the Jaguar's mantle for 600,000 gil, +3 attack isnt going to do JACK. You wont notice it at all. Your old mantle is fine. The fact is, we improve our gear mindlessly with stuff we dont need because we are that bored, craft, try to make money instead of buying gear.
My point is, if we try to swerve away from these things, then the inflation will go down. Trying not to do these things will improve our economy in our server. Meh....Just go have a party at IGE and pay $200 for something you dont need because you see somebody else with it and you feel gimp now because you dont have it... :P
Just my 2 Gil...
- Forums
- FFXI Servers
- Shiva
- My 2 Gil on our Inflation and Economic Problems.
My 2 Gil on our Inflation and Economic Problems.Follow
I agree on some points.
Yes we are at fault for ruining our economy.
Yes people are too lazy to visit NPCs for certain gear or materials that cost much less than AH.
Yes people will buy CP items off the AH rather than using points for them, but its assuming people have the CP to get the item anyway. A lot of people use CP for Warp scrolls if their job can't Warp or simply to low lvl for D2 or the warp club.
Boredom is one thing, it happens when people don't pt. Of course you could go craft assuming you have the gil to spend, go farm or fish earning gil on the side with your flag up...and why do you need the gil? To buy gear as you lvl. I'm sure some pieces of equipment are important and some not important but the game is not balanced as you see it. There are more DDs in the game than there are mages so it leaves few spots open in a pt. Thats why people buy armor thats is horribly inflated because its been mentaly engraved that its good. Example, the War/Nin combo wasn't even considered a great tank back then, but now people ask for it if you don't sub Nin. What ever happened to solid tanks like War/Mnk or War/Pld? This just leads back to the whole MP conservation because of shadows absorbing dmg.
Yes we are at fault for ruining our economy.
Yes people are too lazy to visit NPCs for certain gear or materials that cost much less than AH.
Yes people will buy CP items off the AH rather than using points for them, but its assuming people have the CP to get the item anyway. A lot of people use CP for Warp scrolls if their job can't Warp or simply to low lvl for D2 or the warp club.
Boredom is one thing, it happens when people don't pt. Of course you could go craft assuming you have the gil to spend, go farm or fish earning gil on the side with your flag up...and why do you need the gil? To buy gear as you lvl. I'm sure some pieces of equipment are important and some not important but the game is not balanced as you see it. There are more DDs in the game than there are mages so it leaves few spots open in a pt. Thats why people buy armor thats is horribly inflated because its been mentaly engraved that its good. Example, the War/Nin combo wasn't even considered a great tank back then, but now people ask for it if you don't sub Nin. What ever happened to solid tanks like War/Mnk or War/Pld? This just leads back to the whole MP conservation because of shadows absorbing dmg.
I get mad when I see something selling at a solid 10k and then someone post it for 20k and then thats the new base price for it. People need to learn when not to pay high prices. I remember when I was doing opo-opo crown and broken mithra rods where a solid 40k then someone jumped the price to 100k. I think that both the person listing it and the person buying are at fault.
As for CP items remember that not everyone is from the same city but that still doesnt mean you have to pay out the *** for them. Just find a friend that doesnt care about his CP and strike a good deal or offer a trade of items got by CP. I have done both before.
As for CP items remember that not everyone is from the same city but that still doesnt mean you have to pay out the *** for them. Just find a friend that doesnt care about his CP and strike a good deal or offer a trade of items got by CP. I have done both before.
No one completely understands the pscyhology of every buyer and seller on the game. One reason I try not to use CP is because I want to save it for higher rank items.
As for the price on the AH, everyone seems to forget supply and demand. If there are none or only a couple of an item for sale, your natural inclination is to realize people might pay a little more because there aren't very many available (I always have problems finding Melon Pies +1). I'm not saying it's reasonable to jack it up 10s or 100s of thousands, but 5k, maybe 10k isn't unexpected when there's low stock, especially if you are going to have the only one up for purchase, you have extraordinary leeway you would be a fool to not take advantage of. EVERYONE wants the most they can get for the goods they sell, and rightly so.
It doesn't make sense to severely undercut the going price UNLESS there is abundant supply (in which case if you try to sell high your item may get returned to you and you lose out the AH fee), or you're not concerned with the money and are being nice (which far too few of us are). For example, I just took NIN from 1-10. My first lvl 1 Katana was bought from NPC for a few hundred gil. Since I upgraded to the lvl 7 Katana, I put the old one back on the AH in Bastok for 500 even though the going price was 3k (there were about 10+ in stock). Of course, a few minutes later someone bought it for the full 3k without bothering to try for lower.
THAT is where problems come in; people not even trying to get it for a lower price. I'm not saying always try for 50% less, but sometimes 5k or 10k can be saved, and sometimes 50k or 100k on high ticket items.
Perhaps one reason buyers may not do this is the fear that if there is only one or two in stock, someone else might get it before them if they don't hurry. Constant re-bidding takes time, so they could lose the opportunity to buy it if they try too low. I am guilty of this myself with melon pies +1 if I only see 1 or 2 stacks for sale and I have desperate need of them for an XP party.
In any case, my point is simply that buying and selling patterns and habbits are far too complex to oversimplify by saying people are greedy or lazy.
As for the price on the AH, everyone seems to forget supply and demand. If there are none or only a couple of an item for sale, your natural inclination is to realize people might pay a little more because there aren't very many available (I always have problems finding Melon Pies +1). I'm not saying it's reasonable to jack it up 10s or 100s of thousands, but 5k, maybe 10k isn't unexpected when there's low stock, especially if you are going to have the only one up for purchase, you have extraordinary leeway you would be a fool to not take advantage of. EVERYONE wants the most they can get for the goods they sell, and rightly so.
It doesn't make sense to severely undercut the going price UNLESS there is abundant supply (in which case if you try to sell high your item may get returned to you and you lose out the AH fee), or you're not concerned with the money and are being nice (which far too few of us are). For example, I just took NIN from 1-10. My first lvl 1 Katana was bought from NPC for a few hundred gil. Since I upgraded to the lvl 7 Katana, I put the old one back on the AH in Bastok for 500 even though the going price was 3k (there were about 10+ in stock). Of course, a few minutes later someone bought it for the full 3k without bothering to try for lower.
THAT is where problems come in; people not even trying to get it for a lower price. I'm not saying always try for 50% less, but sometimes 5k or 10k can be saved, and sometimes 50k or 100k on high ticket items.
Perhaps one reason buyers may not do this is the fear that if there is only one or two in stock, someone else might get it before them if they don't hurry. Constant re-bidding takes time, so they could lose the opportunity to buy it if they try too low. I am guilty of this myself with melon pies +1 if I only see 1 or 2 stacks for sale and I have desperate need of them for an XP party.
In any case, my point is simply that buying and selling patterns and habbits are far too complex to oversimplify by saying people are greedy or lazy.
Another part of the problem is there is simply an abundance of gil in the system and is growing each and every day. This leads to people having a surplus of gil, which leads to wild spending sprees. The reason there is an abundance of gil? Yes, gil buying is part of the reason, but not the major factor.
The main reason is there are so many level 70-75's now. At 75 gil is VERY easy to get. There are so many revenue streams out there it is not even funny. Serious (this is not bragging, but a statement of fact), I make gil w/o even trying now. I don't farm, I don't work for it and I don't make a concerted effort to get it. And then you got players that are in HNMLS, who are SWIMMING in gil, so their members get the expensive gear, no matter what the cost.
Now granted I don't spend a ton on gear anymore, as I have most of what I want or need for my job now (with the exception of a "uber" axe). But I spend a ton on supplies almost daily. I have been popping medicines and food like they are going outta style lately during CoP missions. I spend a ton, but my gil never goes down.
If I wanted a maneater, woodsville, or even a Juggernaut, I could get it, easy. Just as in real life, you have millionares that will spend whatever they want to get what they want when they want. FFXI is no different. What's and extra few 100K or even a mil to someone who has 30 mil and has money coming in daily?
The other thing people don't factor in is that raw materials are way up in price too. This helps the new people get an influx of quick cash. Basic stuff like silk threads, beehive chips and even crystals have skyrocketed lately, giving the newer players a good base of gil, so they are starting off with a lot more money than any of us did. Hell, earth crystals for 2,000 a stack? I used to farm up 10 stacks of earth and a few stacks of wind while leveling low level characters when bored in an hour or so, not to mention all the other goodies I would get. That is a lot of gil for someone just starting.
Also remember that FFXI is an accelerated time line. Think of prices in real life. How much was something 10 years ago? How about 20? Hell, what about 50? I wonder how many "years" have passed in FFXI since it's inception (I would guess at least 20?)...maybe this would put things in perspective a little.
Yes, people are lazy. Yes, people are impatient and yes, people are bored and go on spending sprees to make FFXI exciting. But those people earned their gil they have (well....most do. Gil buying is still a plague) and they are simply enjoying the fruits of their labor.
BTW, the sky is not falling. Coming from a guy that bought his Hauby at 2 mil, I can't say I am really sad I could sell it for 7+ mil at the moment...just like stocks, invest your money people!
The main reason is there are so many level 70-75's now. At 75 gil is VERY easy to get. There are so many revenue streams out there it is not even funny. Serious (this is not bragging, but a statement of fact), I make gil w/o even trying now. I don't farm, I don't work for it and I don't make a concerted effort to get it. And then you got players that are in HNMLS, who are SWIMMING in gil, so their members get the expensive gear, no matter what the cost.
Now granted I don't spend a ton on gear anymore, as I have most of what I want or need for my job now (with the exception of a "uber" axe). But I spend a ton on supplies almost daily. I have been popping medicines and food like they are going outta style lately during CoP missions. I spend a ton, but my gil never goes down.
If I wanted a maneater, woodsville, or even a Juggernaut, I could get it, easy. Just as in real life, you have millionares that will spend whatever they want to get what they want when they want. FFXI is no different. What's and extra few 100K or even a mil to someone who has 30 mil and has money coming in daily?
The other thing people don't factor in is that raw materials are way up in price too. This helps the new people get an influx of quick cash. Basic stuff like silk threads, beehive chips and even crystals have skyrocketed lately, giving the newer players a good base of gil, so they are starting off with a lot more money than any of us did. Hell, earth crystals for 2,000 a stack? I used to farm up 10 stacks of earth and a few stacks of wind while leveling low level characters when bored in an hour or so, not to mention all the other goodies I would get. That is a lot of gil for someone just starting.
Also remember that FFXI is an accelerated time line. Think of prices in real life. How much was something 10 years ago? How about 20? Hell, what about 50? I wonder how many "years" have passed in FFXI since it's inception (I would guess at least 20?)...maybe this would put things in perspective a little.
Yes, people are lazy. Yes, people are impatient and yes, people are bored and go on spending sprees to make FFXI exciting. But those people earned their gil they have (well....most do. Gil buying is still a plague) and they are simply enjoying the fruits of their labor.
BTW, the sky is not falling. Coming from a guy that bought his Hauby at 2 mil, I can't say I am really sad I could sell it for 7+ mil at the moment...just like stocks, invest your money people!
1 post
I totally agree with you. There is something that bothers me though, even if we refuse to pay these ridiculous prices, the gil buyers are still going to pay for them, at whatever the price, so in effect this will cause certain rare items that are inflated to remain inflated and to be accessible only to gil buyers, since they have no problem with paying 12 mil for a item. Maybe that is what the gil sellers and IGE wanted all along.
I have been doing my part to help deflate the economy, just recently I noticed stacks of fire crystals selling for 6k, so I put mine up for 4k to help set a lower price, but I feel I really should have put them up for around 1.5k. After all, if crafters have to pay more to make an item then they will have to sell it for more. Deflation must start at the lowest levels and trickle up into the higher levels of the economy.
==============
Server: Shiva
Name: Daegan
Job: 60PLD/30WAR
Nation: Bastok
Rank: 5
Edited, Thu Jan 5 18:37:59 2006 by DaeganRiech
I have been doing my part to help deflate the economy, just recently I noticed stacks of fire crystals selling for 6k, so I put mine up for 4k to help set a lower price, but I feel I really should have put them up for around 1.5k. After all, if crafters have to pay more to make an item then they will have to sell it for more. Deflation must start at the lowest levels and trickle up into the higher levels of the economy.
==============
Server: Shiva
Name: Daegan
Job: 60PLD/30WAR
Nation: Bastok
Rank: 5
Edited, Thu Jan 5 18:37:59 2006 by DaeganRiech
It has to do with supply and demand. The gil-sellers camped NMs and provided a steady supply for the AH. Granted its not a good thing for those who wanted to camp the NM instead of paying the AH price. Leaping Boots went up in price because there was no one selling constantly, if we want the boots we either 1.) Do the BCNM and hope it drops, 2.) Camp Lizzy again for the Rare/Ex boots, 3.) Buy it off the AH. If you have a lot of something then it doesn't cost much, imagine if the Kraken Club was as common as Earth Crystals, would it cost 90mil? No, its because few exist.
Cut this from the Bst forum which was posted on a different server forum.
Eiri wrote:Food for thought from the Beastmaster forums.
Quote: First let me make it clear that I do not buy gil, nor do I support RMT in any way. This being said, people fail to realize that the items that are increasing in value are high demand items. On Unicorn until recently we had RMT that did nothing but synth shihei all day long, which kept demand met and the price of 12 toolbags below 80k. Recently they have not been around, and the price has skyrocketed to 200k/12. This is purely due to demand being far greater than the supply.
With this in mind, take a look at the price history of the items in question and see if they're commonly known gilsellers forcing the price up, or is it actual players in the game. Nine times out of ten you will see that it is the latter happening.
And on a side note, our Oztroja RMT team was recently booted for bothacking, so SE does take action sometimes.
Amen brotha. Amen.
RMT can be used as a scape goat for a lot of problems on our server (granted they are a cause for a lot of said problems) but there are somethings that are purely the fault of everyday players like you and me.
Cut this from the Bst forum which was posted on a different server forum.
Eiri wrote:Food for thought from the Beastmaster forums.
Quote: First let me make it clear that I do not buy gil, nor do I support RMT in any way. This being said, people fail to realize that the items that are increasing in value are high demand items. On Unicorn until recently we had RMT that did nothing but synth shihei all day long, which kept demand met and the price of 12 toolbags below 80k. Recently they have not been around, and the price has skyrocketed to 200k/12. This is purely due to demand being far greater than the supply.
With this in mind, take a look at the price history of the items in question and see if they're commonly known gilsellers forcing the price up, or is it actual players in the game. Nine times out of ten you will see that it is the latter happening.
And on a side note, our Oztroja RMT team was recently booted for bothacking, so SE does take action sometimes.
Amen brotha. Amen.
RMT can be used as a scape goat for a lot of problems on our server (granted they are a cause for a lot of said problems) but there are somethings that are purely the fault of everyday players like you and me.
Hi Bart, Rev, Lokki, Spanky, Billy, Wanda, Harold, Susan, Henry, Frankie, Veronica, Leroy and CHEESE.
Recent Visitors: 41
All times are in CST
Anonymous Guests (41)
- Forums
- FFXI Servers
- Shiva
- My 2 Gil on our Inflation and Economic Problems.
© 2024 Fanbyte LLC