Is there a limit to gem/gold conversion?

Is there a limit to gem/gold conversion?

in Guild Wars 2 Discussion

Posted by: CursedShaitan.9720

CursedShaitan.9720

I know its partially balanced around how much gold people are willing to spend on gems as well but is it fixed so gold can’t be bought if no one in game wants to sell it for gems? My whole point is moot if you can’t buy gold unless someone else is trying to buy gems with it.

The reason I ask is supposedly the farm nerfs were to help balance the economy and lower prices. If people can dump all they want into gems for gold though it won’t help as they will hold the prices up and force others to do the same if they want to acquire anything within a reasonable amount of time so a limit on that side would have to be applied as well for the logic behind farm nerfs to hold up. To be clear I don’t feel a limit on gems is needed but I don’t think one should be able to covert them to more than 200 gold in a month. It’s damaging to the in game economy. I understand limiting this would potentially limit anets income but if gold acquisition is too slow to keep up with high prices that are being held up by gold buyers it effectively makes the game pay to win. An alternative could be using a combination of gw1 and gw2 methods . Example: low price(20 bucks) expansions to supplement gem store earnings would allow them to not lean so heavily on the store and not radically reduce accessibility to new players by making the expansions cheap. In the end you can’t fix the market by nerfing drops alone. Not when there are other sources for inflation. If there is a limit in place I apologize for the space wasting thread. I only come with criticism because I fear for the longevity of the game and want it to stick around.

(edited by CursedShaitan.9720)

Is there a limit to gem/gold conversion?

in Guild Wars 2 Discussion

Posted by: anzenketh.3759

anzenketh.3759

The more gold you buy with gems the less gold you get.

In Game: Storm Bluff Isle — Anzz, Anzenketh Kyoto

Is there a limit to gem/gold conversion?

in Guild Wars 2 Discussion

Posted by: Inculpatus cedo.9234

Inculpatus cedo.9234

You can only exchange for Gems or Gold if such resources are available in the pool.

As for GW1 ‘expansions’, other than EotN, I believe the subsequent Campaigns cost as much as the original Campaign. At least, they did for me. =)

Is there a limit to gem/gold conversion?

in Guild Wars 2 Discussion

Posted by: Behellagh.1468

Behellagh.1468

From early posts from dev John Smith, the exchange was founded with both a fix amount of gems and gold. A gigantic amount of gems relative to gold and it’s this ratio that sets the exchange rates we see. As players buy gems with gold the exchange gets more gold and has less gems making the gems remaining worth more gold. When gems are sold to the exchange the reverse is true. But since many more gems are bought from than sold to the exchange the amount of gold is steadily increasing while gems are decreasing.

This means that as the mount of gems in the exchange run low, yes the exchange can run out of gems, the rate will go higher and faster unless the gems for gold counters it.

The true purpose of the exchange is to fund the gem to gold side with the gold coming in from the gold to gem side, so there’s a way for players to “buy” gold while at the same time not introducing new gold into the game’s economy. At the end of the day the purpose of the Gem Store is to be a source of income for ANet and you can’t do that if players always have enough gems from gold conversion for all their wants.

Also since there are no items that affect a players stats on a permanent basis, there is no Pay to Win. Cosmetic and convenience items are not pay to win. Nobody considered that was the case with the cash shop in the first Guild Wars.

We are heroes. This is what we do!

RIP City of Heroes