Black Lion Trading Co RE SET

Black Lion Trading Co RE SET

in Black Lion Trading Co

Posted by: truewin.1842

truewin.1842

I think The BLTC needs a Reset on the items Simply because A lot of the items are still at 1c hi est buyer even tho you cant match that cause you cant bid lower than an item venders for. I think a weekly reset would help the economy and the game. it would rais the price of a lot of items and there for people spend more gold to make more gold = more money that gets taxed and out of the game.

Be honest do you think its sad that moast items sell for 1-3 copper more than vender price and cost 15% so you can put your items lvl 80 item on the ah for a 8 copper loss

sorry for wall of text

Black Lion Trading Co RE SET

in Black Lion Trading Co

Posted by: Charismatic Harm.9683

Charismatic Harm.9683

I disagree that the BLTC needs a reset.

This topic has been discussed multiple times, but I’ll give you my reasons why I don’t feel it needs a reset.

As to the “most items sell for 1-3 copper more than vendor price”…..that statement is incorrect. While many items may sell that way, most do not. There are approximately 20,000 different items trading on the BLTC. According to my data, there are only 537 of those items that are listed for sale between 1c and 3c over vendor value. Sure….that’s a lot of items, but it’s far from “most items”.

In regards to the items with buy orders at or below vendor value, Anet has stated that they are aware of the situation, but are not doing anything about it because those buy orders can never be filled due to the “rules” they implemented stating that items can only be sold at a minimum of 1c over vendor value. While it’s inconvenient to see those buy orders, they mean absolutely nothing. Someday, I’m sure Anet will clean up those buy orders, but as of right now, they really have other, more important, things to work on.

Your idea of a weekly reset would not do what you think it would do. It would actually make the economy much more volatile. As it works now, all items will eventually reach an equilibrium point. There may be some players that attempt market manipulation and will see short term profits, but over time, values for items will reach an equilibrium based on supply and demand. Some items have already reached an equilibrium point, while others will take more time. That is the nature of the beast.

As for those players selling items at a loss…..any number of things could be happening. Players could be uneducated. They could just be out in the world and need to get some stuff out of their inventory. Who knows? Either way, it’s their choice to sell at a loss. If they’re uneducated and can’t do simple math, then that’s their fault….not the fault of the BLTC.

TL;DR Reset(s) of the BLTC are completely unnecessary and it is working as intended.

Guild: Member of Charter Vanguard [CV]
Logic will never win an argument on the forums…..only a sense of entitlement will.

(edited by Charismatic Harm.9683)