Basic economics.

Basic economics.

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Posted by: red.2387

red.2387

It doesn’t take a genius to figure out that if you nerf all the ways of generating money, but leave the Trading Post as is, the only people who will be able to make money are the people manipulating the Trading Post. This is actually worse than letting people farm money with their own labor.

Basic economics.

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Posted by: Morsus.5106

Morsus.5106

What is your suggestion then?

Basic economics.

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Posted by: Belzebu.3912

Belzebu.3912

The players that “feed” the TP will be getting less gold so the TP players will have less gold to manipulate.
TP was always the best option to make gold in game, but it is directly influenced by the needs and income from the rest of the game.

Charter Vanguard [CV] – HoD
Bardy Belzebuson – Ranger Sir Belzebu – Herald
(and the other 8 elite specs maxed too)

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Posted by: kratan.4619

kratan.4619

People can still farm money, I think there should be no “best” way to earn money, once you have tht then a lot of people will gravitate towards the “best” way. With no best way you can now “play how you want” without being pigeon-holed into constant dungeon runs, champ farms etc.

I don’t think they nerfed anything, as such, they just made some activites as profitable as the rest.

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Posted by: Lankybrit.4598

Lankybrit.4598

The Trading Post takes money out of the game with trading fees.

Farming adds money to the game. They want less money in the game so they nerfed farming.

There. Basic economics.

My Life in Tyria: http://lankygw2blog.blogspot.com/
Updated every Monday

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Posted by: EmoDevo.3209

EmoDevo.3209

Actually, the more gold there is in the game, the more expensive items become right? As for the super-rich TP traders, what can you do? The 1% exists even in real life.

Basic economics.

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Posted by: mtpelion.4562

mtpelion.4562

It doesn’t take a genius to figure out that if you nerf all the ways of generating money, but leave the Trading Post as is, the only people who will be able to make money are the people manipulating the Trading Post. This is actually worse than letting people farm money with their own labor.

Actually, the Trading Post users are the only people who CANNOT make money.

They do however willingly accept the money that you give to them.

Server: Devona’s Rest

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Posted by: Smooth Penguin.5294

Smooth Penguin.5294

It doesn’t take a genius to figure out that if you nerf all the ways of generating money, but leave the Trading Post as is, the only people who will be able to make money are the people manipulating the Trading Post. This is actually worse than letting people farm money with their own labor.

1) This belongs in the Black Lion Trading Co. forums

2) Before you start talking about “economics”, you first must have an understanding of the subject matter. In game economics, there’s a big difference between wealth generating events like farming, and making money from the TP. Farming creates new coin and items that didn’t exist in game, while playing the TP market just trades existing wealth, all while deleting 15% as a tax (Gold Sink).

3) Speculation does not equal Manipulation.

In GW2, Trading Post plays you!

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Posted by: Mirta.5029

Mirta.5029

Actually, the more gold there is in the game, the more expensive items become right? As for the super-rich TP traders, what can you do? The 1% exists even in real life.

60% tax on anyone that’s super rich.

I know people that have 30 000 gold and gladly manipulate it. Gold has been taken out of f the economy, but as long as 1% are there prices will continue to rise instead of falling.

Basic economics.

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Posted by: Vol.7601

Vol.7601

Players who farm champions or do dungeon runs are the ones that make gold in this game.

People who play the TP are the ones that take this gold from players who are too careless/impatient/lazy

Basic economics.

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Posted by: mtpelion.4562

mtpelion.4562

Actually, the more gold there is in the game, the more expensive items become right? As for the super-rich TP traders, what can you do? The 1% exists even in real life.

60% tax on anyone that’s super rich.

I know people that have 30 000 gold and gladly manipulate it. Gold has been taken out of f the economy, but as long as 1% are there prices will continue to rise instead of falling.

That will lead to prices going up but your income remaining just as low. Enjoy being EVEN POORER than you were before.

Server: Devona’s Rest

Basic economics.

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Posted by: Smooth Penguin.5294

Smooth Penguin.5294

Actually, the more gold there is in the game, the more expensive items become right? As for the super-rich TP traders, what can you do? The 1% exists even in real life.

60% tax on anyone that’s super rich.

I know people that have 30 000 gold and gladly manipulate it. Gold has been taken out of f the economy, but as long as 1% are there prices will continue to rise instead of falling.

And they’ll pass the 60% back down to people who use the TP. You only hurt yourself.

In GW2, Trading Post plays you!

Basic economics.

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Posted by: Vol.7601

Vol.7601

Actually, the more gold there is in the game, the more expensive items become right? As for the super-rich TP traders, what can you do? The 1% exists even in real life.

60% tax on anyone that’s super rich.

I know people that have 30 000 gold and gladly manipulate it. Gold has been taken out of f the economy, but as long as 1% are there prices will continue to rise instead of falling.

How do you define rich?

If I had 30,000 gold I would just stockpile it in vendor priced items.

There are many loopholes that I would take advantage of.

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Posted by: Aidan Savage.2078

Aidan Savage.2078

Actually, the more gold there is in the game, the more expensive items become right? As for the super-rich TP traders, what can you do? The 1% exists even in real life.

60% tax on anyone that’s super rich.

I know people that have 30 000 gold and gladly manipulate it. Gold has been taken out of f the economy, but as long as 1% are there prices will continue to rise instead of falling.

Taxing the rich in guild wars aint gonna work. For starters, they’ll simply pass that cost to the people buying their items. Second, there is absolutely nothing to stop them from having a second account that stockpiles all their money for them.

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Posted by: tolunart.2095

tolunart.2095

Basic economics.

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Posted by: Guhracie.3419

Guhracie.3419

I think you need to learn more about basic economics. You’re using words that have actual meanings in ways you obviously don’t understand. When you say “manipulation” in the context of economics, it has a very specific meaning that is different from when you use it in casual conversation.

It’s hard to have a conversation about anything when there’s no comprehension of the subject matter’s basic lexicon.

“Be angry about legendary weapons, sure, but what about the recent drought of content?”
-Mike O’Brien
Because we can’t be angry about both?

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Posted by: Natsu Dragneel.1625

Natsu Dragneel.1625

Yep, Its not like I’m actually making any gold on the TP but I do gladly accept the gold that players willingly give me =p

Dungeons/champfarming/general play are what brings gold into the game, the TP players remove a lot of it through the transaction/list fee’s.

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Posted by: LordByron.8369

LordByron.8369

What is your suggestion then?

Taking the same action John Smith takes to lower the supply in lowering the demand.

This makes TP more fair.

But he only “shaves” supply excess with a chainsaw and never takes action when supply are missing.

Every single patch.

This time we had champ trains removed, dungeon rewards lowered and 80< exotic added to mystic forge to screw more people trying to get precursors….

GW2 balance:
A PvE player is supposed to avoid a 1-2 second 1 shotting aoe.
A WWW player is considered uncapable of avoiding a 5,75 second aoe for half his health.

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Posted by: laokoko.7403

laokoko.7403

obviously this is not real life economic.

else you’ll tax people hoarding items or transfer items between accounts like in real life.

and obviously only taxing the rich won’t bump price. Since the other people can sell item at relatively low tax.

The problem is mainly TP price arn’t stable else people won’t even be able to make “that much” money from the TP. And obviously you can just sell fix price item at merchant, so you don’t need to use the TP as the main gold sink.