The Gold/Gem ratio

The Gold/Gem ratio

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Posted by: Gewd.8125

Gewd.8125

Telling people to stop buying gems with gold is foolish.

People don’t buy gems with real money and buy it with gold because gold is becoming worthless.

Arena.net has not put in any good gold sinks and they keep making new content being sold for gems.

The only way to make good gold sinks is to create new content that is sold for gold instead of gems. Unfortunately for us this doesn’t help gem sales. But in the long term it causes people to get bored of the game.

However Arena.net may have discovered that older players yield less revenue and decided to rely on new players who haven’t played everything so they can ignore player retention so almost all the new and unique items end up in the gem store.

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Posted by: Behellagh.1468

Behellagh.1468

The rate isn’t the same because the exchange takes 15% of gold going into and out of the exchange. That’s why the Gem->Gold is 72.25%, or 85% x 85%, of the Gold ->Gem rate. It discourages market players from playing the exchange over the short term.

and Anet just want your money. Having a different price means people get less from buying gold, so they’ll have to spend more real cash.

Quite honestly, some people want Anet to look good, so they come up with various reason(stop inflation, stop people from flipping). But the button line is Anet want your money, and people are complaining they have to pay real money or grind more gold.

You make it seem like ANet takes your fake gold to fill their fake gold vaults so they can go fake swimming in it during lunch.

The exchange is a solution to the problem of setting up an official $$ to gold supplier without the problems of creating gold from nothing for those willing to pay. The “cost” to ANet is selling cash shop items for free to players willing to fund the RMT setup. It also allows players to buy items from the gem shop who would never if it wasn’t free. The hope being that once accustomed to it, a situation will come up that a player would finally drop some cash for once to get something they want.

A cash shop business model doesn’t require a lot of players paying, just those who can and don’t have some reason not to.

We are heroes. This is what we do!

RIP City of Heroes

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Posted by: laokoko.7403

laokoko.7403

The rate isn’t the same because the exchange takes 15% of gold going into and out of the exchange. That’s why the Gem->Gold is 72.25%, or 85% x 85%, of the Gold ->Gem rate. It discourages market players from playing the exchange over the short term.

and Anet just want your money. Having a different price means people get less from buying gold, so they’ll have to spend more real cash.

Quite honestly, some people want Anet to look good, so they come up with various reason(stop inflation, stop people from flipping). But the button line is Anet want your money, and people are complaining they have to pay real money or grind more gold.

You make it seem like ANet takes your fake gold to fill their fake gold vaults so they can go fake swimming in it during lunch.

The exchange is a solution to the problem of setting up an official $$ to gold supplier without the problems of creating gold from nothing for those willing to pay. The “cost” to ANet is selling cash shop items for free to players willing to fund the RMT setup. It also allows players to buy items from the gem shop who would never if it wasn’t free. The hope being that once accustomed to it, a situation will come up that a player would finally drop some cash for once to get something they want.

A cash shop business model doesn’t require a lot of players paying, just those who can and don’t have some reason not to.

I don’t even know what you are talking in your first sentence.

You are the one who says Anet purposely make exchange low to get people hook to the game first.

I’m not sure what I said wrong. Anet want players money, and player are complaining they have to pay money or grind more gold. (at least some players are complaining)

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Posted by: Nerelith.7360

Nerelith.7360

You mean the same arrogance you seem very terrible at projecting? Actually, I am wrong you seem more desperate than arrogant considering you had to resort to calling others white knight.

Players like you exist in every game, even world of warcraft has delusional players such as yourself the delude themselves into believing WOW is going to die because they don’t like the game.

Guild wars 2 has been out for 666 days and so far it is looking more healthier than games that were recently released. If guild wars 2 isn’t dead by now, it wont be dead due to whatever nonexistent reasons you want to give. It will go down due to its inevitable decline like every mmo does.

I would Hope I was terrible at projecting arrogance, since I do not consider myself arrogant, so thank you for the compliment.

That out of the way. Gw2 has flaws. There exist in every forum white knights that champion the company, regardless of the merits. They feel it is their responsibility, as a fan of the product to defend it regardless of whjether the faults are real or imagined, and whether their defence is based On logic or passion. They will resort to any and all methods to get " the enemy" to quiet down.

I am not saying anything you don’t Know, it just seems that me saying it upsets you.

Yes there are also people that will trash the game Just as passionately. …

I am not among them, I defended Anet, when it made decisions worth defending. I explained why I felt some choices made made sense. But at the same time, I am aware, that Anet is fallible.

So calling out faults of a product I payed for…is perfectly within my rights. And mentioning that there is White Knighting going on, may not be something people that enjoy the game like to hear, but it is the truth, as it is true On Wow forums, or ESO forums, or TSW forums..etc…

Or are you saying that white knights do not post on the gw2 forums?

You might not think you are arrogant but your posts say otherwise. Only an terrible arrogant person would believe just because they hate the game’s direction means the game is going to die. It is the same idiotic arguments a lot of players made when guild wars 2 first came out, when ascended gear was introduce and when the LS was announced. So there is a history of people trying to project their view onto others.

There is nothing inherently wrong with calling out a product flaws. The problem as shown by this thread is that a lot of people are calling out flaws out of ignorance. Their whole argument is based on the lack of understanding on how the system works. You see players complaining how TP player make more money than farming, but without understanding the why. YOu see others complain about the gold to gem ratio without understanding why.

The biggest source of your arrogance is your usage of the word white knight. You are so deluded into believing that anybody that doesn’t accept your point of view is clearly white knight and not someone who simply disagrees with you. A lot of people for example hate the LS, I like the concept of it because it is different than the same crap I have played for nearly 7 years, it has some flaws but what doesn’t. But if you were to read the forum, some people want WOW raid and so anybody that doesn’t want WOW raid is a white knight, anybody that dares to disagree with them is a white knight.

tl;dr
arrogant players consider opinions that make guild wars 2 different from the WOWs, ESO etc to be the white knights and not someone who has a different opinion from theirs.

A lot of players usually claim to want something different the truth is, they want the same thing but somehow different.

What about the white knights? they don’t contribute to the Mishegoss? Or are you saying There are no white knights in Gw2 forums?

The mind is its own place and in itself, can make a Heaven of Hell, a Hell of Heaven.

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Posted by: Nerelith.7360

Nerelith.7360

Seriously guys, how is this supposed to get fixed?

Encourage people to stop buying gems with gold, and to instead buy gems with $$ and sell those gems for gold. Since you want this number to go down, I’ll assume you’re wanting to buy gems with gold. In which case, you are part of the problem you are complaining about.
People who buy gems with $$ and sell those gems for gold want this number to go up up up. $10 used to only get you 8g, now it gets you 70g. I know which amount I’d rather get for $10.

I stopped buying Gems. I don’t like the game as it is. It bares little resemblance to Guild Wars. As far as I am concerned the root of a lot of problems is, that the loot tables are so " general" that you really cannot go to area A, Kill Mobs x, y, and z.. to collect Components G, H, and I. you need to grind gold to buy them On the TP. Which means grind gold Like it’s a job… ( no thanks i don’t log into Gw2 to work.)…or use gems to buy gold… to by what I need on the tp to craft. (no thanks , not anymore).

So that leaves me with the ONLY options that make sense for me. Not play…. or… when i DO play, NOT Buy Gems with cash, ..save up gold, and Buy Gems with Gold.

Sorry, Not going to reward this Mishegoss with real money. Not from me at least.

The mind is its own place and in itself, can make a Heaven of Hell, a Hell of Heaven.

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Posted by: SundayTrash.9562

SundayTrash.9562

As someone who only ever converts gems to gold occasionally, you have to consider it from our perspective… back when it was 4g per 100 gems = 32g per $10. Would I pay USD$1 for 3.2g? Lol no way. Yes, back then I could buy more things for 3.2g than I can now, but I convert $20~$50 at a time. I’d rather spend my money on something else.

If it was 12g per 100 gems = 96g per $10. I’m happy to pay USD$1 for 9.6g. BUT the rate going the other way isn’t equal, so if we exchange gems to gold we don’t get 12g for every 100 gems we put into the exchange.

You are waiting for the price of gems to drop, I am waiting for the price of gold to drop. As long as there is this standstill, the price will continue to work in gold-buyers’ favour until an acceptable conversion rate is achieved.

You may get more gold in exchange, but u also forgot to mention prices of good triple or quadruple over that same duration. Ur spending power may not actually change much, while the gold to gem suffer from much less spending power.

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Posted by: ZudetGambeous.9573

ZudetGambeous.9573

As someone who only ever converts gems to gold occasionally, you have to consider it from our perspective… back when it was 4g per 100 gems = 32g per $10. Would I pay USD$1 for 3.2g? Lol no way. Yes, back then I could buy more things for 3.2g than I can now, but I convert $20~$50 at a time. I’d rather spend my money on something else.

If it was 12g per 100 gems = 96g per $10. I’m happy to pay USD$1 for 9.6g. BUT the rate going the other way isn’t equal, so if we exchange gems to gold we don’t get 12g for every 100 gems we put into the exchange.

You are waiting for the price of gems to drop, I am waiting for the price of gold to drop. As long as there is this standstill, the price will continue to work in gold-buyers’ favour until an acceptable conversion rate is achieved.

You may get more gold in exchange, but u also forgot to mention prices of good triple or quadruple over that same duration. Ur spending power may not actually change much, while the gold to gem suffer from much less spending power.

Except they haven’t tripled, which is the point…

Prices have been increasing due to the increased demand of the wardrobe, but prices for non wardrobe related items have stayed steady.

Look at some other high demand items that haven’t been changed recently. Silk scraps have been stable for the last 6 months, certainly no doubling or tripling in price. Same with things like lodestones, and pretty much all common mats.

The only things increasing in price are the things that have increased demand due to the wardrobe feature. Most notably legendary weapons and their constituent parts.

The exchange rate is going up because people would rather grind gold in game then grind real money out of the game. The rate will get more and more favorable towards real money until a balance is struck. I suspect that will be much higher than it is now.

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Posted by: IndigoSundown.5419

IndigoSundown.5419

The exchange rate is going up because people would rather grind gold in game then grind real money out of the game.

/thread

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Posted by: uberkingkong.8041

uberkingkong.8041

I’m gonna tell you where is the issue exactly and what is causing it.
RMT “Real Money Trading”, Now hear me out
Lots of players instead of buying Gems to convert to Gold they do the opposite exactly
They buy Gold to convert to GEMS and they get more GEMS doing it for example they buy 1k gold at 60$ yep that’s right and then they convert it to GEMS and that would be how many gems? if 1k gems = 100g that is 10k gems for 60$.
So instead of having more supply on GEMS and Less prices we get the opposite.
A Lot of people isn’t buying gems and their buying GOLD instead from 3rd party sellers and Arena Net haven’t taken any counter measures yet so far! so it will result on having higher GEM prices and ANET will lose more Money since it goes into the pocket of 3rd party gold sellers.
I Voiced the problem but solutions is needed.
You can limit the amount of gold that can be sent VIA mail and limit it only to Friend List that will be a start to fight back! and i’m sure ANET can come with lots of solutions since it concerns millions of $.

I agree with this guy.

Back in September 2013, I would goto hearts of mist and not hear a peep from any gold seller promoting me to buy gold from his website.
Today I goto hearts of mist and within a few seconds I will get a tell from somebody telling me to buy gold at his website.
So yes, ANET is being lazy and not doing anything because they could easily setup a bot and when they receive a tell like that, it would do quick search of database and see if thats a true gold seller and ban him from game.

I mean if people can make programs to run to a node and gold farm in PvP, I’m sure ANET can make programs to counter that.

Also I agree with that guy that said people are more willing to grind in game for gold rather than grind real life for real money. Just think… You grind $60 in real life, spend it for 1k gold… Think about how long it takes to make 1k gold in game compared to real life. Clearly grinding real life beats grinding the game.

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Posted by: silvermember.8941

silvermember.8941

$60 for 1k gold? since when?

As u know im pro. ~Tomonobu Itagaki

This is an mmo forum, if someone isn’t whining chances are the game is dead.

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Posted by: Behellagh.1468

Behellagh.1468

Just checked a site I get spammed frequently by and it’s around $70 for a mere 1000g, World Cup sale, 10% off. Basically twice the amount you would get doing it legitimately buying gems with cash and running them through the exchange for gold. I think they’ve been following our rate lock step so they are always twice as good.

And while you may be able to whack-a-mole their advertising bots, you really need to go after how they are acquiring all that gold to start with and sadly I believe that a chunk of that comes from hacked accounts, emptied guild banks and the husks of characters from those hacked accounts turned into ad bots until they are whacked.

We are heroes. This is what we do!

RIP City of Heroes

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Posted by: zen.6091

zen.6091

I unlocked all the bag slots for 4 characters and bought countless (old) transmutation stones when the conversion rate was 1.5-2g per 100 gems, and I’ve also spent real money to buy gems a few times.

At the current conversion rates, basically everyone besides hardcore farmers and TP masters have been priced out of the system. Particularly WvW players who are still making the same crummy amount of gold we always have.

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Posted by: Calae.1738

Calae.1738

I knew this would happen a long time ago. What I didn’t predict was them nerfing all the lucrative farming spots. It’s actually gotten a lot worse than I had anticipated. The rate of increase in gold inflation seems to be increasing exponentially.

On second thought, I don’t think Mr. Smith is as good of an economist as I had originally thought.

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Posted by: Behellagh.1468

Behellagh.1468

I knew this would happen a long time ago. What I didn’t predict was them nerfing all the lucrative farming spots. It’s actually gotten a lot worse than I had anticipated. The rate of increase in gold inflation seems to be increasing exponentially.

On second thought, I don’t think Mr. Smith is as good of an economist as I had originally thought.

Inflation happens if too much gold is entering the system but as you pointed out, easy sources of gold have been nerfed. So where is the gold coming from? Is there still too much gold entering the game? That’s what you seem to be implying.

And before you say it, no gold from selling gems isn’t new gold, it’s gold players sold for gems.

We are heroes. This is what we do!

RIP City of Heroes

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Posted by: Calae.1738

Calae.1738

I knew this would happen a long time ago. What I didn’t predict was them nerfing all the lucrative farming spots. It’s actually gotten a lot worse than I had anticipated. The rate of increase in gold inflation seems to be increasing exponentially.

On second thought, I don’t think Mr. Smith is as good of an economist as I had originally thought.

Inflation happens if too much gold is entering the system but as you pointed out, easy sources of gold have been nerfed. So where is the gold coming from? Is there still too much gold entering the game? That’s what you seem to be implying.

And before you say it, no gold from selling gems isn’t new gold, it’s gold players sold for gems.

The north American player base has declined and the European player base has practically vanished. Arena net is focusing most if not all their resources in Asia, which should be obvious to anyone.

Assuming a declining player base and a reduced gold output through farming, how do you explain golds continuing devaluation to gems? If this is not inflation through gem to gold conversion or third party influx then maybe someone is manually turning the knob to milk the players.

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Posted by: dodgycookies.4562

dodgycookies.4562

it is summer, even with a decreasing population, and increase in aggergate play time generates a lot of gold.

Though they have removed some farms, they have removed repair costs as a sink and have added a huge gold generator: spvp.

Anet is releasing new items, re releasing previously limited time items, and also having sales on upgrades as well. This drives demand for gems up.

Even with a decrease in gold generation, there has been very few new items to buy for gold. I play wvw almost exclusively (guild missions is really the only pve i do) with virtually no farming and i still generate more gold than i spend buying siege/food and thus have amassed a decent and growing stockpile with nothing to really spend it on.

As I buy gems with cash, there is little need for me to convert gems to cash as most new items are in the gem store. (The last time i had to convert gems to gold was for a full set of strength runes after the April patch). Many of my guild mates do not spend cash and the only real use for gold they have had recently is converting to gems to buy the items on sale of that they missed the first time around.

[ICoa] Blackgate

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Posted by: IndigoSundown.5419

IndigoSundown.5419

Assuming a declining player base and a reduced gold output through farming, how do you explain golds continuing devaluation to gems? If this is not inflation through gem to gold conversion or third party influx then maybe someone is manually turning the knob to milk the players.

Not sure if reduced gold from farming is a safe assumption. I know that there have been complaints about farming nerfs, but they never seem to affect my income any. I just find something else to do.

There’s also reduced need for gold — once you’ve gotten (or declined to pursue) Ascended and maybe a Legendary or two. Nothing much other than those drive the desire for gold — whereas the desire for gems gets fueled every time there’s something new in the gem store. Add to that that some (maybe a lot of) MMO players are cheap and won’t spend cash for gems — but they will spend gold.

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Posted by: phys.7689

phys.7689

Basically my guess, is as has been said, there is very little in game goals at high level play. They simply have not added enough to the game world, or developed the type of content people will pay for consistently. Simply put, the ingame rewards/goals pale in comparison to the cash shop rewards. People subconsciously recognize this, so many dont even save gold for the next big thing, because they doubt there will be a next big thing.

Also, gold sellers

basically you will probably see the rate drop when they start releasing more engaging in game content, and desired items/goals.

hard content, consumables, things with an upkeep cost (even if its handled by players) Highly desired items, etc.

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Posted by: Nick.6972

Nick.6972

Good thing I coverted 300G into 2700+ Gems few days ago.
100 gems will cost 20G by the end of this year.
And I’m not spending a single dime on Gem Store products unless it’s an expansion.

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Posted by: Behellagh.1468

Behellagh.1468

We have an explanation. The fact some don’t believe it doesn’t change it.

We are heroes. This is what we do!

RIP City of Heroes

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Posted by: laokoko.7403

laokoko.7403

We have an explanation. The fact some don’t believe it doesn’t change it.

I dont’ think people care about the explanation. So obviously, it is not a they don’t believe factor.

The main point is they are unhappy.

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Posted by: silvermember.8941

silvermember.8941

We have an explanation. The fact some don’t believe it doesn’t change it.

I dont’ think people care about the explanation. So obviously, it is not a they don’t believe factor.

The main point is they are unhappy.

People think they deserve stuff, so when they don’t get what they want.

The point being you can’t please everyone. They will always be somesone not happy especially on an mmorpg forum so u might as well not bother.

As u know im pro. ~Tomonobu Itagaki

This is an mmo forum, if someone isn’t whining chances are the game is dead.