Why the economy has crashed

Why the economy has crashed

in Black Lion Trading Co

Posted by: Rukh.9287

Rukh.9287

Why has the economy utterly crashed? Why are pretty much all items except complicated to make high level stuff or the few rare dropping things selling for as low as they possibly can and its just as good to vendor stacks of things you farm?

Plain and simple, its because gold farmers. Just like most other MMOs, they’re going to eat Arenanet’s lunch if they don’t get off theirkittenand do something.

Unlike players, goldfarmers have the resources of a corporation. Because they’re not an individual they can give incentive for people to farm hours on end for what amounts to dirt in profits. Also having the resources they don’t worry if they get an account or two banned if overall they make a profit using it for botting or hacking.

And, in the end like corporations against individuals, if there isn’t a larger power standing up for the individual, the individuals are going to lose, period.

They can sell for dirt but because they have a bunch of people, they will still profit and they will own the farming market. It will not be worthwhile to players except in a few obscure niche markets.

Arenanet can do two things, but they need to do it soon. They can let the gold farmers own their game’s economy. Players will have to pay gold farmers real money to buy gold to participate, and of course buying things off the economy will just end up with the gold going back to the gold farmers. However, it won’t just be gathering that individuals are pushed out of. With a throng of employees they will push players out of any profitable crafting market too, dumping the prices there too, and then they will move to farming real drops. As happened in countless MMOs that don’t have the resources to combat it.

Arenanet can combat it, but it’s often a game of wack-a mole unless they actually put in the resources and don’t halfkitten it, or ban entire IP clusters or sometimes countries. This might end up angering some players who get accidentally targeted, or the lazy players with daddy’s credit card, but at least they’ll have an actual market, not a limp towel of a market laying on the ground.

Why the economy has crashed

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Posted by: colortwang.6907

colortwang.6907

“Plain and simple, its because gold farmers. Just like most other MMOs, they’re going to eat Arenanet’s lunch if they don’t get off theirkittenand do something.”

Last time i checked buying gems and selling for gold was cheaper than what gold farmers are spamming me for.
I stopped reading there. GLHF with your game.

Why the economy has crashed

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Posted by: Maxster.4521

Maxster.4521

Why has the economy utterly crashed? Why are pretty much all items except complicated to make high level stuff or the few rare dropping things selling for as low as they possibly can and its just as good to vendor stacks of things you farm?

Plain and simple, its because gold farmers. Just like most other MMOs, they’re going to eat Arenanet’s lunch if they don’t get off theirkittenand do something.

You’re completely wrong.

Why the economy has crashed

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Posted by: Wazabi.1439

Wazabi.1439

@Rukh
And your conclusion is based on?

Why the economy has crashed

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Posted by: Rukh.9287

Rukh.9287

“Plain and simple, its because gold farmers. Just like most other MMOs, they’re going to eat Arenanet’s lunch if they don’t get off theirkittenand do something.”

Last time i checked buying gems and selling for gold was cheaper than what gold farmers are spamming me for.
I stopped reading there. GLHF with your game.

That’s why there are no bot or goldfarmers at all anywhere right? OH NO WAIT LOL

Why the economy has crashed

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Posted by: Revenant.2691

Revenant.2691

Actually, from what I’ve seen gold spam and bot farming have been dropping off dramatically in recent days. Was in Lion’s Arch for an hour today and didn’t see a single spam message and then spent 2 hours in Orr without seeing a single bot, when there were about 30 there on Thursday.

Most of their gold doesn’t even come from farming, it comes from hacking accounts or cleaning out the accounts of people dumb enough to give them their password and verify them for “powerlevelling” (AKA Take My Real Money, Then My Fake Money Too!) and in addition to this, the way Gem value’s shooting up there’s almost no profit incentive for them anymore since to undercut Anet they’d have to sell for next to nothing.

Finally, out of the estimated 2 million players we’ve got, only a very tiny percentage are actively involved in gold farming/selling for profit and would have an almost negligible effect on the economy. All we’re really seeing is growing pains.

Why the economy has crashed

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Posted by: Dishconnected.8360

Dishconnected.8360

The economy isn’t tanking.

We have to define what that even means in the context of your post and it isn’t clear because you went off the rails about being the guy standing up for the individual and corporations and botting.

Botting is most definitely a problem… but… they sell GOLD. Screwing around with the TP is not in any botters interest, at all. As the profit margin disappears from botting they will disappear as well.

Nihil curo de ista tua stulta superstitione.

Why the economy has crashed

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Posted by: Revenant.2691

Revenant.2691

Occupy Lion’s Arch TP? XD

Why the economy has crashed

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Posted by: Rouven.7409

Rouven.7409

Occupy Lion’s Arch TP? XD

Yo, Ho, Ho, and a Bottle of Juniberry Gin!

“Double-click to consume
Excessive alcohol consumption will result in intoxication.”

“Whose Kitten is this?” – “It’s a Charr baby.”
“Whose Charr is this?”- “Ted’s.”
“Who’s Ted?”- “Ted’s dead, baby. Ted’s dead.”

Why the economy has crashed

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Posted by: Wazabi.1439

Wazabi.1439

Lol… I second that motion