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lol wat, economy

Posted: Thu Feb 12, 2009 2:24 am
by Mousetrap
So yeah.. water 6 is less than 2k each now. It used to be 4-6k --- merely weeks ago.

Lucky stones are nearly 7m, while they were 9m.

+7 weapons are down 200~300m.

Also it looks like a lot of people are selling their suns..
What's the cause? Do people think the 100 cap is coming next month?
Is the "new bot" causing this maybe?

I've seen minor fluxuations in prices but never like this (Well, except for when the 90 cap was just about to be released..)
I spent 1bil gold just last week that I've had in storage for a few months.. bought two +7 2Hs because I couldn't fix the first ones crit due to the alchemy bug.. now I'm stuck with two +7's and a +6. lucky me :\.
Discuss!

Re: lol wat, economy

Posted: Thu Feb 12, 2009 2:29 am
by sting13
haha come to athens, 4k a unit /dies

Re: lol wat, economy

Posted: Thu Feb 12, 2009 2:31 am
by Limpy
I dunno...I think people are just getting rid of things earlier since everyone things the cap increase is coming very soon.

Gold prices have jumped from $13-14 --> $17-18. (I know no one likes gold bots...but they're a good judge of the sro economy...for instance, you can tell the economy went to crap within a year and a half...since about a year and a half ago gold prices were ~12 for 10M...gold was 10 times more valuable then than it is now.

Anyway, the point is...people don't want to have suns...when the value suddenly drops to ~600M from 3B (or whatever ludicrous amount).

**note: the gold prices are from the in-game advertisements in Hotan and DW...(no gold buying accusations please...I don't buy ><") (Oh srf...expect the worst from its members)

Re: lol wat, economy

Posted: Thu Feb 12, 2009 2:45 am
by RedBlueGreen
i just bought a 9D sun spear +5 FB for 1.6bill.. lol

Re: lol wat, economy

Posted: Thu Feb 12, 2009 4:02 am
by jarrod
RedBlueGreen wrote:i just bought a 9D sun spear +5 FB for 1.6bill.. lol

u must be an amateur joker to tell such horrible joke :P

@mouse
was thinking to post something similiar to this topic....till now i couldnt think of any reason why ppl are sellin off their stuff at a cheaper rate... except of 10d is coming like any moment lol...


anyway root cause of all this hype in Oasis maybe come from srf itself haha

Re: lol wat, economy

Posted: Thu Feb 12, 2009 5:36 am
by BaronSengir
tons of gear for sale on my server
and TONS of +7 for sale not even selling for 400
and so many garm sets for sale

Re: lol wat, economy

Posted: Thu Feb 12, 2009 5:45 am
by lopasas
bit crazy tho
1k earth 6 on troy is now 1.4-2kk, when it was at least 3kk
but its good for me :D

Re: lol wat, economy

Posted: Thu Feb 12, 2009 5:53 am
by .curve
I don't follow elements but last I looked, 9D Luck Stones were running for 15-20m on Hera.

Re: lol wat, economy

Posted: Thu Feb 12, 2009 5:56 am
by ln
some of the price drop could be due to players migrating to other servers. capped players may have gone to the newer servers for fun and fresh challenges, returning once 100cap. once your market shrinks, so too the demand. just a thought ...

Re: lol wat, economy

Posted: Thu Feb 12, 2009 11:31 am
by trane
jarrod wrote:
RedBlueGreen wrote:i just bought a 9D sun spear +5 FB for 1.6bill.. lol

u must be an amateur joker to tell such horrible joke :P

@mouse
was thinking to post something similiar to this topic....till now i couldnt think of any reason why ppl are sellin off their stuff at a cheaper rate... except of 10d is coming like any moment lol...
anyway root cause of all this hype in Oasis maybe come from srf itself haha


He did bought sun spear for 1.6 bil lol. I got offer for my +9 staff 1.5b and I'm gonna sell it :D

Re: lol wat, economy

Posted: Thu Feb 12, 2009 11:36 am
by _MvP_
Same on mercury, I bought glavie for 300kk +7 all prices droped.

Re: lol wat, economy

Posted: Thu Feb 12, 2009 3:15 pm
by selenne
in economics we call it adaptative expectations. ppl are afraid of a loss in their items value, so tryin to sell it as fast as they can for the highest price (or not) they can, before the upcoming devaluation, like they've seen happen before.

Re: lol wat, economy

Posted: Thu Feb 12, 2009 4:14 pm
by Toshiharu
lol Troy still has outrageous prices that doesn't make sense. Like red buying a sun weapon for 1.5bil and a +9 staff selling for the same.

Made 450mil from 85+7 axes and nearly 500mil in total from my 9D jewels. They were above average.. every blue 100% or str 5 with 61% whites. Did spend some time on them, but not as much. Got lucky with most of them. Troy doesn't make any sense lol

Re: lol wat, economy

Posted: Thu Feb 12, 2009 5:21 pm
by RedBlueGreen
trane wrote:
jarrod wrote:
RedBlueGreen wrote:i just bought a 9D sun spear +5 FB for 1.6bill.. lol

u must be an amateur joker to tell such horrible joke :P

@mouse
was thinking to post something similiar to this topic....till now i couldnt think of any reason why ppl are sellin off their stuff at a cheaper rate... except of 10d is coming like any moment lol...
anyway root cause of all this hype in Oasis maybe come from srf itself haha


He did bought sun spear for 1.6 bil lol. I got offer for my +9 staff 1.5b and I'm gonna sell it :D

it wasnt a joke jarrod.... bought it for 1.6b and resold for 2.6b(still cheap.. but 1b profit isnt bad at all, is it?)

Re: lol wat, economy

Posted: Fri Feb 13, 2009 12:03 am
by AznFury
i'm gonna lol if the 100 cap isn't released this year.

Re: lol wat, economy

Posted: Fri Feb 13, 2009 12:13 am
by Insanity
also, supply and demand. the more supply, the less demand the more the prices go down.

remember, not everybody can afford to spend 500 mil on a +7. and people get tired of stalling their wep for a month without anyone buying, so they start to drop the price.

Re: lol wat, economy

Posted: Fri Feb 13, 2009 12:47 am
by jarrod
RedBlueGreen wrote:
jarrod wrote:
RedBlueGreen wrote:i just bought a 9D sun spear +5 FB for 1.6bill.. lol

u must be an amateur joker to tell such horrible joke :P

@mouse
was thinking to post something similiar to this topic....till now i couldnt think of any reason why ppl are sellin off their stuff at a cheaper rate... except of 10d is coming like any moment lol...
anyway root cause of all this hype in Oasis maybe come from srf itself haha


He did bought sun spear for 1.6 bil lol. I got offer for my +9 staff 1.5b and I'm gonna sell it :D

it wasnt a joke jarrod.... bought it for 1.6b and resold for 2.6b(still cheap.. but 1b profit isnt bad at all, is it?)[/quote]
still, i cant believe it haha.... :D (ok im stunned) ..

like yesterday, so many globals on WTS +7 gears/89 & 90 pcs....any slightest news
on 10d launching date?

Maybe , maybe..ppl are selling their stuff to quit(get the gold & sell it off for $$) and waits for AION.... hehe

Re: lol wat, economy

Posted: Fri Feb 13, 2009 2:16 am
by Mousetrap
Aion.. I hope it lives up to all the hype, I really do.

btw, right now on oasis.. 46 pages of elixirs, so screwed up lol.. I don't think I've EVER seen that many. Stalling my weapon elixirs for 200k >_>

Re: lol wat, economy

Posted: Fri Feb 13, 2009 3:36 am
by ln
that's another hint of excess supply due to lack of demand. i guess many in oasis have stopped pimping.

something that i dont understand abt gold companies. do people from old servers like oasis still buy gold? there should be plenty around that there should be little demand for it.

and gold bots typically hunt mobs that are blue to them .. do they actually get sun drops? i thought blue mobs hardly drop any items.

Re: lol wat, economy

Posted: Sat Feb 14, 2009 7:24 pm
by Qosta420
aznfury91 wrote:i'm gonna lol if the 100 cap isn't released this year.


Its kind of funny, its all these powerhouse players who saw what happend to people that held on to there 8D suns too long, they are now no longer powerhouse players, cause they lost billions of gold in value overnight, everyone is trying to beat the rush to sell, which only makes the rush start earlier. soon people will be selling thier suns of within 2 months of the new cap xD

Re: lol wat, economy

Posted: Sun Feb 15, 2009 7:38 am
by BloodyBlade
aznfury91 wrote:i'm gonna lol if the 100 cap isn't released this year.

it will, because people will spend loads of money on reverse return scrolls & premium tickets & exp helpers.

And its normal, just keep your elixers for now, they will be really expensive when a new cap comes :)

Re: lol wat, economy

Posted: Sun Feb 15, 2009 6:36 pm
by MysticLotus
ln wrote:and gold bots typically hunt mobs that are blue to them .. do they actually get sun drops? i thought blue mobs hardly drop any items.


Blue mobs hardly give much exp and sp, but their drop rate is still high, a bit similar to green mobs.

Grinding on blue mobs is an optimal choice for gold bots, cause the MP and HP consumption is low compared to gold/item drop rate :D

Re: lol wat, economy

Posted: Sun Feb 15, 2009 6:43 pm
by BloodyBlade
let em kill mangyangs then, they are blue
xD