Showing Posts For Yuchi.8570:

Gems value will crash

in Black Lion Trading Co

Posted by: Yuchi.8570

Yuchi.8570

It’s either you are trying to release false information and benfit yourself by getting cheap gem with your gold, or you just don’t understand economic.

I assume what you trying to tell us is the discount will allow player to buy items with lesser gems if they only need 30gems for something that used to be 100gems, therefore they will exchange only what they need and lead to decrease of gem demend.

But there are 2 things that you ignore:
1st, this event will decrease the supply of gems since most of the sellers are gong to hold up their’s and see what they can get, which even with the same demend, but not likely (I am sure even those players who never exchange gold for gems will want to get some this weekend), the exchange rate is going to increase.

2nd, Items cheaper doesn’t mean you don’t want more, especially if they are useful.
Lets say you have 100gems and used to be able to buy 1 key only, now it’s 70% off and 30gems for 1, will you still buy 1 and save the 70 gems or buy 3 and still have 10 gems left? I know I may even exchange gold for the extra 20gems so I can get 4 keys

so I don’t see why the gem price will drop at all~if it does I am happy to use all my gold to exchange it ^.^