Cheers John!
I virtually never died, so with nerf to champion loot/events I will be considerably worse off gold wise.
Cheers again John, thanks very much!
Here is why you will not be worse off ‘gold wise’ as a result of this change (graph included):
1. Gold will sink from the game far faster than it is being brought in with the reduction of Champ Farming and Event Completion gold. This will occur as players pay taxes.
2. Due to each player having ‘less gold’, they sell items that they received from Events and Champ farming, such as T6 Materials. As well as this, these items fall in price due to an increased supply[Graph: AS shifts down the AD curve to AS1, Price level drops down to P1].
3. As a consequence of this, all items associated with the materials being mass sold (T5, Weapons, etc.) will fall in price too – the number of associated items are a lot, and pretty much cover everything that a player needs.
4. Because a lot of players have listed all their materials and items due to the price fall (known as panic selling), no one really wants to buy any of that stuff due to it falling in price thus demand falls. [Graph: AD curve moves down the AS curve to AD1, Price Levels fall further to P2].
Okay, now you are probably wondering how this means you have more gold than you did before, lets say before this all happened, I could buy 100 vicious claws for 50g (random example), due to the price drops my gold will now buy me 200 vicious claws for the same amount, thus my gold is worth more. Please remember that this is more of a long term scenario – this could not necessarily happen overnight and this is only taking into account the changes implied by the blog post today – they may just as easily be counteracted by another change mentioned another day.
So I cannot see the entire game as y’all can; but given that limited perspective, can you explain why my scenario is unlikely?
1. Gold will sink from the game far faster than it is being brought in with the reduction of Champ Farming and Event Completion gold. This will occur as players pay taxes.
True
2. Due to each player having ‘less gold’, they sell items that they received from Events and Champ farming, such as T6 Materials. As well as this, these items fall in price due to an increased supply[Graph: AS shifts down the AD curve to AS1, Price level drops down to P1].
There is the assumption here that we sell loot.
Its value is so low compared to value in salvaging it (whether to resell or to craft something else) that I have started salvaging more and more as time has gone on. MY assumption is there are more players than not doing the same thing?
So that calls into question the assumption that supply will actually increase… if we’re eating it now, why won’t we eat it then?"
3. As a consequence of this, all items associated with the materials being mass sold (T5, Weapons, etc.) will fall in price too – the number of associated items are a lot, and pretty much cover everything that a player needs.
IF my assumption above turns out true, then what may very well happen is the supply won’t change at all.
<3
