I had 198 gold for repair and you left me with 99 gold !!!
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All I know was I was gathering gold for the lvl 70 mount. Lvl 67 at 3k gold ( haven't even bought dual cuz no money ) and now I have 3 levels to make 3,5k gold.... ow and the AH prices are still ****..... I miss molten
Ow, not to forget how they deleted my thread about it
Fools and new players get the illusion of better economy because they see smaller numbers.
Rich get richer, poor get poorer.
More coins get spent on gold via trade.
Awesome for me and others like me, no meaningful difference to big coin users, more profit for warmane, slightly worse for everyone else.
@OP: This squish (in my opinion) occurred precisely to increase donations being spent on the gold others earn (and to make the economy look better to new players, thus hopefully increasing the chances of retaining them). This feature will not be removed: If you kill gold to coin trading via website you harm the AH, make it harder for everyone to get items as and when they need them via AH, and create an external gold sellers market, while also harming warmane profit.
Note, if you could stop external gold trading and removed internal gold trading this would be the effect:
AH would be crippled. I would estimate around 50% of the trade in the AH is being dealt with by people making gold to buy coins, without this gold to coin trade on website I and countless others like me would simply leave the AH, in my case alone this would result in about 1k-3k (fluctuation due free time available to trade and motivation) simultaneous auctions no longer being posted on the AH, there are plenty more like me also. We/I would have no reason to make gold, thus the movement of goods and currency would be severely reduced, there would be a huge reduction in the number and variety of items being posted on the AH on average over each week, some items may fall in price but would become far less readily and conveniently available. Others would all but disappear, this disappearance is currently mitigated (for a premium) by people like myself who keep a good amount of them up all the time and make sure the primary source of the items gets a fast turnover. The alternative for these inconsistently demanded items is the source failing to sell and in many cases npcing them after failing to sell at their low prices, thus taking them out of circulation.
Edited: January 19, 2017
If I were a new player, I`d be damn sure hoping for higher, not lower prices.
Higher prices will benefit newcomers much more after all (makes trainer and vendor spending much more affordable). Apparently people are just dumb.
So would I, but most people are stupid. The (admittedly not entirely objective or representative) evidence of conversations I overheard from people, in anticipation of, and after, squish, show that the impression effect is real and more important to many people than the actual reality of the situation.
I consider at least 95% of all people I have come across in real life as dumb (to some extent), when it comes to logic and reasoning abilities. I am good friends with, and like, a lot of dumb people, they can have other qualities and be nice people, one must merely avoid paying too much attention to, or analyzing, their reasons, arguments, and logic. If you keep to common interests and avoid getting technical about any topic (unless requested) then dumb people can be plenty of fun.
Edited: January 19, 2017
@OP
You have no idea how much that orange is worth without further information, except you know the minimum worth is 0 and the maximum cash worth in pounds is 100 in the first case and 1100 in the second case (not 1000 as you incorrectly say!) In both cases you are also ignoring credit. The maximum non-GBP worth is up to 2 lives, though potentially 3 lives could be lost.
Please note that:
Depending on the quality of the orange and proximity to death through dehydration, it may, or may not, increase survival chances (watery orange is better). Many would not even consider this, and no one would be able to tell for sure on that boat.
What people believe matters more than the actuality of the situation.
Beliefs may vary.
People may wish to acquire the orange for reasons other than survival.
Cash is trust based, other trust based agreements are also possible (some form of credit).
The exchange of goods does not have to remain within the confines of government backed currency. In various situations, such as this one, govt. backed currency can potentially approach worthlessness, and have entirely different values for different people depending on the exact circumstances and beliefs.
P.S. I pity whatever "financial house" you are chairman of, and all those involved, they are doomed... JK! Bail-outs and golden parachutes for all! :)
P.P.S. The whole mortgage thing is particularly amusing since people cannot pay those prices, but in the interest of "figures which represent profit and give certain people bigger bonuses" credit is given, this makes sense to the point that those receiving credit can obviously pay the credit.
However, if you give people credit beyond their means, many will still take it without much thought. Prices will rise and put the more sensible people who don't want to take ridiculous credit, into an awkward situation: the sensible people see what is going on, they see the bubble, but they decide to take the credit anyway and resolve to get out of the bubble when there are signs that the bubble is going to burst.
Please note that if the sensible people all decided to downsize/downvalue their housing to reduce risk, you would get further bubbles on the surface of the main bubble, besides in many cases this would not be a sensible option for them as it is harder to move out of this kind of property as the bubble starts to burst, so although absolute risk is lower, the risk of not being able to cash out in a timely manner as the market begins to show signs of collapse, is possibly not worth the lower absolute risk and exposure.
When bubble finally starts to burst, sensible people start cashing out, the most astute (and fortunate) of them get out in time... so they won? NOPE: The bubble has been deliberately inflated so much, and governments are so corrupt, that even those sensible people are forced (by use of their tax money) to pay for the ****ing bubble anyway.
Lesson: even if you are sensible, the powerful will still f**k you in the a**, just a little bit more gently than they f**k the fools :)
Edited: January 20, 2017
In a boat starving ? Because you have left out a LOT of compensation options :)
Person A kills person B, offers C half of a leg for half of the orange.
Person C now knows person A is content with klilling nad has to either Kill A or agree to his terms
Person A has 100.00, Person B finds 1000.00, person A dumps B over the boat and offers C a 1.00 bill
Your view is limited to your thinking. My advice, never end up in a boat with myself because I am an "out side of the box" kind of guy :)
I pointed out all the possible limits on the minimum and maximum worth of the orange already (and more), in the post above yours.
Please note that this is about thirst, not starvation, both because the OP said so and because that is a far more likely scenario.
Oh and just because the maximum value of the orange in raw GBP cash terms is 1100, does not mean that any fraction of the orange could not also be worth this maximum. That was obvious to me when writing the previous post, but it just occurred to me that it might not be so obvious for everyone, so I should point it out.
Edited: January 22, 2017
Are you dumn?
I will probably come off as a very mean person, but that's the stupidest analogy i've ever read, honestly. How are you gonna translate that into the game? Kill another player and steal his money? Kill competition?
It's a good thing I stopped reading this thread when I did. I might have done bananas by now if I didn't.