You know, call me a cheapskate, but sometimes I wouldn’t do various pve dailies if it seemed like it wouldn’t be able to cover WP costs and do them in wvw instead (I actually just WP back and forth these days to save time).
Now that you get 2g a daily, it always pays for itself and more, and find myself doing them anyways whenever possible.
It’s really not that much and honestly sort of shallow on my end but it feels like it’s more worth the trouble all of a sudden. The other factor I think is the presence of gliding, making getting to most locations in Central Tyria trivial.
For once you have tasted flight you will walk the earth with your eyes turned skywards,
for there you have been and there you will long to return.
The combination of the 2g plus the WvW reward tracks has me joining the zerg for a few minutes a few times a week.
…but other than that I don’t think it has changed my frequency of completing all 3. I’ve other means to get gold just as fast as I can get ‘em with the dailies, so if the dailies aren’t interesting enough I still don’t do ’em… at least not all 3 to get the 2g. My price for doing something uninteresting/unfun during my free time is higher than that.
I did them before the 2g, and now I’m better rewarded for doing them. I’m okay with this.
Many alts; handle it!
“I’m finding companies should sell access to forums,
it seems many like them better than the games they comment on.” -Horrorscope.7632
I used to do the daily PvP ones in the daily rooms (takes about 15 mins to do all 3~4 dailies) and I get the AP and the PvP tracks and now I also get 2g on top of that, it is working wonders for me.
Charter Vanguard [CV] – HoD Bardy Belzebuson – Ranger Sir Belzebu – Herald
(and the other 8 elite specs maxed too)
I think I do them slightly more often than I used to. Which means I do them about once every 2 weeks.
Most days I have relatively limited time to play and a long list of things I want to do so unless it’s really quick and easy or I really need 2g and can’t come up with a better way of getting it I don’t bother.
Danielle Aurorel, Dear Dragon We Got Your Cookies [Nom], Desolation (EU).
If by worked you mean caused inflation, then yes, working splendidly.
2g for dailies causes less inflation than a single run through t4 fractals. Quit being an alarmist.
… that’s not how inflation works. Inflation is caused when everyone is able to buy more, but the supply to buy doesn’t increase at the same rate. Only a tiny percent of the playerbase can even beat T1 fractals, much less T2, T3, or T4.
At first I thought it would really spur me to do them without fail every day…and that lasted about two weeks. Since then, I might do them if the tasks look like fun. Some jumping puzzles I like. I like some of the adventures over in HoT. Other times…I simply ignore them. So, glad the 2g is there. Great when I get it. Doesn’t bother me when I don’t.
If by worked you mean caused inflation, then yes, working splendidly.
I’m pretty sure this was the purpose that Anet intended. They felt wealth was being too highly concentrated by a few skilled gold earners. and wanted to distribute it more evenly. The result is inflation, as everyone gains more buying power.
2g for dailies causes less inflation than a single run through t4 fractals. Quit being an alarmist.
Let’s assume a modest 10,000 people log in and complete their dailies every day. That’s 20,000g entering the economy every 24 hours.
This has been happening for 2.5 months, or roughly 70 days.
A little math, and that’s 1.4 million gold entering the economy since April. It will be appx 8 million after 1 year. That’s a LOT of inflation. And it’s also a large underestimate because I’m lazy.
“I care nothing for a festering industry that wantonly refuses to
provide a service that I’m willing to purchase.” – Fortuna.7259
I only do dailies to maintain my QoL. I spend just as much as I make on fluff. I don’t need anything, but it worked for me because i would never do dailies prior to them adding 2G to it. In fact that’s the only reason I do them.
2g for dailies causes less inflation than a single run through t4 fractals. Quit being an alarmist.
Let’s assume a modest 10,000 people log in and complete their dailies every day. That’s 20,000g entering the economy every 24 hours.
This has been happening for 2.5 months, or roughly 70 days.
A little math, and that’s 1.4 million gold entering the economy since April. It will be appx 8 million after 1 year. That’s a LOT of inflation. And it’s also a large underestimate because I’m lazy.
That’s not a lot of inflation. If the average player earned 10g a day then that 2g has less impact than what would be a direct fraction (1/6th or 16.67%) due to above average players earning significantly more than this. A “lot” of money doesn’t mean a “lot” of inflation at all. The rate is probably closer to maybe a 3% change overall assuming no other greater factors come into play such as drop rate shifts or focused gameplay and player choice.
Everyone wants to link the inflation to the 2G from dailies but 2G really isn’t that much. Yes it does add up but most people will blow it on waypoint jumps and such. It’s really just an incentive to get people to do different stuff in the game. There are much quicker ways to make money like farming for trees/mineral nodes, opening airship cargo or one of the quickest ways, farming for karka shells.
Prices jumped on mid-level wood when people started working towards the new legendaries. It was about the time they added new stuff to the gem store that everyone wanted so people started converting their gold to gems.
2G for dailies does cause people to zerg on the current daily event map. I wish they would do the events by region rather than map because it would break up the zergs. Some events are over too fast when you have 20 or 30 people on the minor event.
If by worked you mean caused inflation, then yes, working splendidly.
2g for dailies causes less inflation than a single run through t4 fractals. Quit being an alarmist.
… that’s not how inflation works. Inflation is caused when everyone is able to buy more, but the supply to buy doesn’t increase at the same rate. Only a tiny percent of the playerbase can even beat T1 fractals, much less T2, T3, or T4.
There’s no evidence that increased coin for dailies has resulted in inflation. It’s true that inflation can happen when the money supply goes up faster than the product supply. However, while 30g/month per person seems like a lot to some of us, it’s peanuts relative to the amount of coin changing hands on the TP.
And that was why ANet did it: it increases the personal wealth of the poorest of players noticeably while doing very little for the wealthiest. And it does so without a significant impact on the economy overall.
John Smith: “you should kill monsters, because killing monsters is awesome.”
If by worked you mean caused inflation, then yes, working splendidly.
2g for dailies causes less inflation than a single run through t4 fractals. Quit being an alarmist.
… that’s not how inflation works. Inflation is caused when everyone is able to buy more, but the supply to buy doesn’t increase at the same rate. Only a tiny percent of the playerbase can even beat T1 fractals, much less T2, T3, or T4.
There’s no evidence that increased coin for dailies has resulted in inflation. It’s true that inflation can happen when the money supply goes up faster than the product supply. However, while 30g/month per person seems like a lot to some of us, it’s peanuts relative to the amount of coin changing hands on the TP.
And that was why ANet did it: it increases the personal wealth of the poorest of players noticeably while doing very little for the wealthiest. And it does so without a significant impact on the economy overall.
This makes sense, thanks.
I just know, even as a relatively poor player (just under 500g because not buying lately), I have not seen much additional incentive to do dailies. The five gold for dungeons is a bit more enticing, but still does not cut it.
The gold from fractals and raids, however, is glorious. I just get to doing them once a week. Maybe it averages out, dunno. Too tired to math.
500g is not a “relatively poor” player by any stretch of the definition. In fact, it’s probably above the average. But sadly I dont think it’s possible to summon JS from his cave of numbers as easily as it used to be, so I’m just making a fair guess.
Well if GW2Efficiency represents a fair sample of players, the median (50% above/below) wallet gold is 115 gold. Even the 4000-4500 hour player median is just under 300 gold.
500g is not a “relatively poor” player by any stretch of the definition. In fact, it’s probably above the average. But sadly I dont think it’s possible to summon JS from his cave of numbers as easily as it used to be, so I’m just making a fair guess.
It all depends on how you look at it. 500g isn’t particularly rich; if you play the game decently regularly and don’t blow it all on stuff you’ll get there in a fairly small amount of time, a couple of months at the outside.
Personally I’ve been sitting around 200-300g for a while and I definitely feel pretty poor. I get a decent skin every so often (keeping me in the 200-300 range) but it’s not nearly enough to start making ascended gear for multiple alts, make much progress on a legendary, or even craft certain exotic gear+get runes/sigils
Also, liquid gold isn’t necessarily the best measure of wealth. Again, it’s all about what you’re looking for
That gold added to the overall inflation we have been seeing since the release of the expansion. It is just a small addition, though. The game pretty much throws gold your way nowadays.
Also, still doesn’t make do dailies most of the time.
I’ve pretty much always done dailies but once I hit my daily cap, I was happy I didn’t really need to. I was sort of free. Now, for two gold, they’re fast enough to do, but I’d rather do them then not do them, because 2 gold for a few minutes work is a no brainer.
The whole free from dailies when you hit your cap thing is an unfortunately irony to me.
I did them for the APs, the 2g are just icing on the cake. Gotta get those AP, man, that Radiant backpiece is still so far away…
PvP or WvW ones should be done regardless because of their own sweet loot. Of the PvE ones I always do the dungeon dailies and sometimes some gathering dailies if I feel like it.
If by worked you mean caused inflation, then yes, working splendidly.
2g for dailies causes less inflation than a single run through t4 fractals. Quit being an alarmist.
… that’s not how inflation works. Inflation is caused when everyone is able to buy more, but the supply to buy doesn’t increase at the same rate. Only a tiny percent of the playerbase can even beat T1 fractals, much less T2, T3, or T4.
Tier 1 Fractals are basically very short dungeons. You don’t need any agony resistance or ascended equipment to do them and the mechanics are no more complicated than you’ll find in the rest of the game. I’d be very surprised if ‘only a tiny percentage of the playerbase’ can beat them. In fact I’d say it’s probably the opposite, that only a very small number would be unable to beat them.
Well if GW2Efficiency represents a fair sample of players, the median (50% above/below) wallet gold is 115 gold. Even the 4000-4500 hour player median is just under 300 gold.
I think it’s unlikely GW2Efficency is a fair sample of players. You have to sign up to the site to be included, which means it’s mainly going to be people who see acquiring gold and valuable items as one of their goals and want to know how they’re doing at it and they’re likely to have more gold than most people. I’d bet the majority of players haven’t even heard of it, particularly the ones who just log in, play with their friends or solo and never visit the forums or follow the game in other ways.
But that’s the problem with trying to collect this type of data. It’s always going to only include a small sample of people and that sample may not be representative. The same is true of this topic as a whole. Even if everyone on the forum replied that only tells you what the type of people who visit the forum do.
Of course Anet have access to all the data. But they don’t share it with us.
Danielle Aurorel, Dear Dragon We Got Your Cookies [Nom], Desolation (EU).
Everyone wants to link the inflation to the 2G from dailies but 2G really isn’t that much. Yes it does add up but most people will blow it on waypoint jumps and such. It’s really just an incentive to get people to do different stuff in the game. There are much quicker ways to make money like farming for trees/mineral nodes, opening airship cargo or one of the quickest ways, farming for karka shells.
Prices jumped on mid-level wood when people started working towards the new legendaries. It was about the time they added new stuff to the gem store that everyone wanted so people started converting their gold to gems.
Going one edge of the map to the other is 5-6 silver, waypoints aren’t going to eat into 2g unless you’re trying to solo treks for guild missions.
2 gold as a one-time thing would have no impact. 2 gold every single day adds up over weeks and months.
People who have more money are going to buy more things including those legendaries as demand has increased. Because demand increased for a finite supply, prices go up.
Elder wood planks take 3 logs, or about 1 tree each and sell for ~8 silver. It would take 25 trees to equal the daily gold, and the dailies are often quicker to do. You can also often farm trees while doing dailies, so you can double dip.
Either way, farming materials adds no gold to the economy, and that’s what people seem to miss. The money from the trading post has to come from somewhere.
If by worked you mean caused inflation, then yes, working splendidly.
2g for dailies causes less inflation than a single run through t4 fractals. Quit being an alarmist.
… that’s not how inflation works. Inflation is caused when everyone is able to buy more, but the supply to buy doesn’t increase at the same rate. Only a tiny percent of the playerbase can even beat T1 fractals, much less T2, T3, or T4.
Tier 1 Fractals are basically very short dungeons. You don’t need any agony resistance or ascended equipment to do them and the mechanics are no more complicated than you’ll find in the rest of the game. I’d be very surprised if ‘only a tiny percentage of the playerbase’ can beat them. In fact I’d say it’s probably the opposite, that only a very small number would be unable to beat them.
I think the better question is how many people are actually doing them, which I imagine is a single-digit percentage of the population. The T4 population is a smaller subset of that.
Anything you do in the game that provides a reward that is gold or can be converted into gold causes inflation, unless you simply throw the reward away, but who does that.
MMOs have an infinite money supply so inflation is natural.
Anything you do in the game that provides a reward that is gold
Yes.
or can be converted into gold causes inflation, unless you simply throw the reward away, but who does that.
MMOs have an infinite money supply so inflation is natural.
No. Selling something for gold doesn’t generate gold. The trading post takes a 15% tax. The money to buy something from the trading post had to come from somewhere. Wood planks NPC for a lot less than the trading post.
Well if GW2Efficiency represents a fair sample of players, the median (50% above/below) wallet gold is 115 gold. Even the 4000-4500 hour player median is just under 300 gold.
I think it’s unlikely GW2Efficency is a fair sample of players. You have to sign up to the site to be included, which means it’s mainly going to be people who see acquiring gold and valuable items as one of their goals and want to know how they’re doing at it and they’re likely to have more gold than most people. I’d bet the majority of players haven’t even heard of it, particularly the ones who just log in, play with their friends or solo and never visit the forums or follow the game in other ways.
But that’s the problem with trying to collect this type of data. It’s always going to only include a small sample of people and that sample may not be representative. The same is true of this topic as a whole. Even if everyone on the forum replied that only tells you what the type of people who visit the forum do.
Of course Anet have access to all the data. But they don’t share it with us.
Well 100K accounts isn’t all that small. But onto your point, if GW2Efficiency is used primarily for players who are interested in seeing their wealth, then the “low” amount of wallet gold really shows that 500 gold isn’t a paltry amount.
If by worked you mean caused inflation, then yes, working splendidly.
2g for dailies causes less inflation than a single run through t4 fractals. Quit being an alarmist.
… that’s not how inflation works. Inflation is caused when everyone is able to buy more, but the supply to buy doesn’t increase at the same rate. Only a tiny percent of the playerbase can even beat T1 fractals, much less T2, T3, or T4.
There’s no evidence that increased coin for dailies has resulted in inflation. It’s true that inflation can happen when the money supply goes up faster than the product supply. However, while 30g/month per person seems like a lot to some of us, it’s peanuts relative to the amount of coin changing hands on the TP.
And that was why ANet did it: it increases the personal wealth of the poorest of players noticeably while doing very little for the wealthiest. And it does so without a significant impact on the economy overall.
I agree. In particular, when people nowadays say inflation, they mean that the gold-gem exchange rate has gone up. However, inflation means everything has gone up on average. While ectos have gone up as well, a lot of luxury items, like skins on the TP, have gone down. What we may be seeing is a rebalancing of the economy away from luxury items for the super-rich and more towards the masses.
I have always done my dailies, before and after the changes- mostly for the AP. It’s also a pretty nice addition if you have an alt account. I always log in to my alt for the log-in rewards, hit up dailies and teq if I have time and that ends up being an extra 5 gold or more depending on drops.
I have always done the dailies (when I could). Now that they are worth 2 gold I am even more fervent. Even after playing for years, I still find new content via the dailies. I think the 2 gold was a good idea just for that reason.
The game has a lot of content. Gold inspires the players to take in some of the stuff outside their normal routines. We all have played that game (whatever one it was – Rift for me) where we refined our activities to be maximally efficient and then promptly got bored to tears by our own meticulously devised routines.
Then 2 gold is nice, but the rewards go further than just the gold for me.
When you sell something to a vendor for gold you increase the inflation rate.
While selling something on the TP doesnt directly increase the inflation rate, it does indirectly because the player you sold the item too, now has less gold and will go out into the world and do things that create more gold out of thin air.
Its the creation of gold from thin air thats creating inflation.
It would be much better if simple supply demand economics applied to gold creation, or some kind of mechanism existed in game to remove gold in a non discressionary way.
eg sorry guys all the vendors in central Tyria have enough of your worthless junk and wont be buying any more until next week , as an example.
When you sell something to a vendor for gold you increase the inflation rate.
Not necessarily. While it does crate gold from nothing, it may not mean the rate of inflation will go up. It’s just not that simple.
While selling something on the TP doesnt directly increase the inflation rate, it does indirectly because the player you sold the item too, now has less gold and will go out into the world and do things that create more gold out of thin air.
Or he won’t do that, or would do so regardless, so no direct connection.
Its the creation of gold from thin air that creating inflation.
No, it’s an imbalance between sinks and faucets which results in increasing amounts of gold, coupled with demand exceeding supply for certain materials.
It would be much better if simple supply demand economics applied to gold creation, or some kind of mechanism existed in game to remove gold in a non discressionary way. eg sorry guys all the vendors in central Tyria have enough of your worthless junk and wont be buying any more until next week , as an example.
You are perhaps over-emphasizing the role of items being sold to NPC vendors with regard to inflation. Far more gold is made selling on the TP. than by selling to vendors. Players who sell mat-yielding items to vendors are indeed causing the game to make gold from nothing, but they are reducing their own purchasing power by doing so. Reduced purchasing power is anti-inflationary.
If you’re talking about junk items, that’s another matter. How well do you think it would be received were ANet to have the game continue to drop junk items, and make players destroy them because they cannot be sold? I’d guess kitten-storm. Far better would be to have the game simply stop dropping junk. At least players would receive a side benefit of having less clutter in inventory.
I’m not sure that’s advisable, though. Junk items, while being a faucet, are also a means to add gold to all accounts which actually play PvE and to some extent WvW. Removing them would have a disproportionate impact on the game’s have-nots.
You are perhaps over-emphasizing the role of items being sold to NPC vendors with regard to inflation. Far more gold is made selling on the TP. than by selling to vendors.
Um… the TP doesnt make gold. At all. It’s a net-loss system that removes gold because EVERY transaction reduces the amount of gold in the game. Additionally, it transfers wealth from player to player. Generally, both those acts would be working against inflation.
You are perhaps over-emphasizing the role of items being sold to NPC vendors with regard to inflation. Far more gold is made selling on the TP. than by selling to vendors.
Um… the TP doesnt make gold. At all. It’s a net-loss system that removes gold because EVERY transaction reduces the amount of gold in the game. Additionally, it transfers wealth from player to player. Generally, both those acts would be working against inflation.
It’s an expression. Maybe people don’t use it where you live. When people make money at their jobs, their employer is not making the money. It’s still called making money. However, given that the game does make money, perhaps we should refer to earning gold via selling on the TP instead.
That 2 gold is almost free while being avaible to almost everybody. They could give us numbers on how many players actually complete their dailies on a daily basis. Pretty sure most of us would be surprised by the amount of liquid gold that is actually being added into the market each day.
Still, I believe that doing those dailies is hardly worth the effort when I can log in for 5 minutes to make 10g through a quick flax farming session.
Inflation is very hard to measure in this game. Generally inflation is measured by the changing value of necessary items, like food, water, clothing. Things needed to live. The supply and demand of these things are very stable, so changes in price are fairly easy to track. In GW2 there are no necessary items, everything other than blue armor and weapons are just luxuries. This makes it difficult right off the bat. Then add in the fact that supply and demand are anything but stable. Anet makes micro-adjustments to the economy about every 2 weeks when there is a patch. For instance the latest patch changed the supply of mystic coins. The raid patch changed the supply of ectos since many people came back to raid. As such it is nearly impossible to determine what effect inflation has in GW2.
We can say for certain that the extra 2g a day caused at least some inflation since no additional gold sink was added to the game that I am aware of. However the actual amount is hard to quantify.
