Showing Posts For Vigorato.7951:
I just literally lost 300g worth in investments because anet decided to put flame and frost dyes back on the market for 3 whole days – in turn putting a kitten ton of supply back in the TP. Now I will have to wait another half a year in hopes of simply making my money back, let alone any profit at all.
While I feel bad for your loss, it was a hugely risky investment. Limited time items have come back onto the Gem store on a number of occasions, including the Flame and Frost dyes about 5 months or so ago. It was almost inevitable that they would be made available again at some point. Bad luck on timing. It’s a bit like playing the opposite of pass the parcel – don’t be the one holding the package when the music stops.
all rare and above it asks if you are sure you want to delete.
yes, 100% true.
OP, you had a pop-up and you clicked Okay anyway.
Zero sympathy.
Classy guy. It doesn’t take much not to be unpleasant all your life.
The OP made a false claim, either through ignorance or to cover his own carelessness.
Wrong. He was referring to items like limited-use finishers and HoM portal stones that require you to enter the item’s name to delete it, not the pop up you get when salvaging any rare or exoctic that just requires you to click yes.
I find your example interesting Juno because in an efficient market you would expect exactly that to happen – prices to rapidly move so that the margin shrinks down close to zero. In that respect, flippers do increase market efficiency.
etc etc etc
The inflation is worse than ever…
People get so fixated on this, like inflation is a big bag monster destroying lives. It’s not. Since there seems to be a fixation with credentials, I’ll reference a prominent economics blogger – Matt Yglesias.
http://www.slate.com/blogs/moneybox/2012/05/24/everyone_hates_inflation_because_they_don_t_understand_what_it_is.html“the most important price in the economy is the price of labor and the price of labor is equal to workers’ incomes, so a general increase in the nominal price level is necessarily a general increase in nominal incomes”
Inflation is only a major problem when prices go up but incomes don’t, as people can afford less. In GW2 this is not the case. Prices for many things have risen because players generate more gold than they used to, from doing things like dungeon runs and champ farms.
Inflation reduces the value of gold, so it is most damaging to players that are holding large amounts of gold. In that respect, the super-rich in this game have much more to worry about from high inflation because their “wealth” is constantly being eroded.
For many, the prices have gone up but their incomes have not.
I make way less gold per hour playing the game than I used to. And that gold buys far less than it used to. That is inflation.
Unless you farmed the zerg LS events like QL and the Scarlet Invasion, you didn’t see a big influx of cash. If you aren’t farming any zerg chains now like world bosses or champ trains, you aren’t seeing a big influx of cash.
If you are just playing different aspects of the game and not running with a zerg or TP trading, the value of your gold has dropped drastically.
None of us (except JS) can say definitely that incomes have gone up or down. You say down, my own experience is quite the opposite, and I certainly don’t spend time farming Invasions or champ trains. The critical factor is which has risen faster – general prices or income? And I see little evidence that the former (excluding some select items like silk due a spike in demand )has massively outstripped the latter.
etc etc etc
The inflation is worse than ever…
People get so fixated on this, like inflation is a big bag monster destroying lives. It’s not. Since there seems to be a fixation with credentials, I’ll reference a prominent economics blogger – Matt Yglesias.
http://www.slate.com/blogs/moneybox/2012/05/24/everyone_hates_inflation_because_they_don_t_understand_what_it_is.html
“the most important price in the economy is the price of labor and the price of labor is equal to workers’ incomes, so a general increase in the nominal price level is necessarily a general increase in nominal incomes”
Inflation is only a major problem when prices go up but incomes don’t, as people can afford less. In GW2 this is not the case. Prices for many things have risen because players generate more gold than they used to, from doing things like dungeon runs and champ farms.
Inflation reduces the value of gold, so it is most damaging to players that are holding large amounts of gold. In that respect, the super-rich in this game have much more to worry about from high inflation because their “wealth” is constantly being eroded.