where does all the extra money go?
You pay a 5% listing fee and then there is a 10% sales tax applied to all transactions on the TP. It’s a gold sink to remove gold from the economy.
You pay a 5% listing fee and then there is a 10% sales tax applied to all transactions on the TP. It’s a gold sink to remove gold from the economy.
^^
It’s a good thing to have a gold sink directly tied to the TP. Check out the D3 auction house to see what it is like without one (huge inflation and very unstable). What would be unfair is if your fortune of 1k gold turned out to be a pittance in a week.
Guildmaster of [CORE] Company of the Red Elite
i put up an item for 7 gold 75 silvers and had to pay a tax of 38 silvers 75 coppers to post it, fine… i got back 6 gold 97 silvers and 50 coppers what happened to the remaining 77.5 silvers? seems a little unfair that i gotta pay a tax on whatever i post, and not get the full amount of what i posted, especially when im trying to get money to buy black lion keys so i can get a fused weapon ticket that i spent over 100 gold to get and i keep getting useless items like tonics from the stupid black lion chests. is there another way to get the fused weapon tickets other than a small fraction of a chance from a black lion chest?
The gold is destroyed and removed from the economy. It’s meant to combat inflation.
[Currently Inactive, Playing BF4]
Magic find works. http://sinasdf.imgur.com/
i put up an item for 7 gold 75 silvers and had to pay a tax of 38 silvers 75 coppers to post it, fine… i got back 6 gold 97 silvers and 50 coppers what happened to the remaining 77.5 silvers? seems a little unfair that i gotta pay a tax on whatever i post, and not get the full amount of what i posted, especially when im trying to get money to buy black lion keys so i can get a fused weapon ticket that i spent over 100 gold to get and i keep getting useless items like tonics from the stupid black lion chests. is there another way to get the fused weapon tickets other than a small fraction of a chance from a black lion chest?
Hi!
As others have said, there’s a 10% tax, which turns out to be a very good thing. We call taxes like these “gold sinks”, meaning that they destroy the gold once they absorb it entirely. Again, to repeat others, this is a very good thing. Basically speaking, without gold sinks like the TP taxes (actually, especially the TP taxes), what we would find is insane inflation, simply because of the amount of gold monsters drop, and the amount of gold players gain from vendoring items. What would happen is, as the average wealth of players increases because there’s more money, sellers would raise their prices, because players now buy their products more frequently because of their higher gold levels. In a stable economy in the real world, slow inflation is generally expected to happen. However, within the gaming world, prices and wealth levels can fluctuate a lot more. The mentioned Diablo 3 example is an area where taxes were not placed, and customers have suffered for it. Basically, think of it this way: without the tax, that approx. 7g you gained would be worth nothing within a week. That’s why we need these taxes.
Also, you have a gambling problem. Js.