currency cost speculation.

[frodnonnag]

with now 5 types of sellable currency in the game, all with a non centralized price point, what factors would have better positive effects on the market?

i've noticed generally that rolanberry has a priceline of roughly 2-4k+ over what anyone shouts at, across all currency. with how the market is now, there just doesn't seem any easy way for the price to overall drop much, if at all.


if the currencies were able to be listed on AH, with a centralized price point, would this have a greater effect on the current price range, and how would it change?

[Cream Soda]

Buy currency at 500g-1k higher than anyone shouts for
Go to rolanmart
AFK with prices on your new currency at 1-2k lower than rolanmart, but 1-1.5k higher than what you bought it for
???
Profit.

Made about 2-3m in the past few days ftw.

[frodnonnag]

that doesn't do much aside from already exacerbate the issue, but does slightly narrow the price, unfortunately it also raises the price for those who want to legitimately buy the currency and legitimately use it toward a weapon.

[Cream Soda]

Well, I'm using my profit to fund my weapon, actually. So I am using it towards my weapon, just indirectly.

[Okan]

I have thought of doing that so many times, but I was worried that it just would not sell. You have given me confidence.

[frodnonnag]

Well, I'm using my profit to fund my weapon, actually. So I am using it towards my weapon, just indirectly.

you are also getting shamed by other people in shouts, leading to some people not selling to you at the lower price.

[Hwang]

By you buying the coins at 800/900k, going out to rolanberry to sell them for an inflated rate, you're taking the chance away from people who are buying coins to actually upgrade a relic, and needless to say, you're actually over paying for bronze/shells, I've seen people shouting to buy them for much less, and are getting them.

Edit: what weapon are you upgrading, Veg?

[Okan]

you are also getting shamed by other people in shouts, leading to some people not selling to you at the lower price.

Or making a friend. I did it a few times in WoW because a person wanted money ASAP so I paid 10% less and moved it to the AH and got my 10% due to patience. After a few times, they came to me to sell it quick when they needed more money. Sadly, I didn't keep up with this tactic and in that game, the trade channel works much better than a zone-ish wide shout in FFXI.

[Cream Soda]

Upgrading Spharai, of course, as mnk is my main. Also, I have been able to get them lower, but when you have people shouting to buy them at equiv price, you have to up it a bit to ensure sale.

you are also getting shamed by other people in shouts, leading to some people not selling to you at the lower price.

The guy shouted my name once, I asked him very politely not to do it again. He did it again, I warned him I'd GM for harassment. He didn't listen so I did. He probably got off with a warning, but he sure as hell stopped shouting my name.

[Hwang]

So...you're jacking the price of dynamis coins up, yet you plan on upgrading the H2H? that doesn't seem like a good plan you have there, in the long run you're just gunna fuck yourself up

[Shiriokumo]

all hes really doing its making it 30-50% more expensive for anyone legitimately trying to upgrade a relic or mythic on fairy.

[frodnonnag]

all hes really doing its making it 30-50% more expensive for anyone legitimately trying to upgrade a relic or mythic on fairy.

pretty much. but if we were able to list currency on ah, it would probably prevent him from doing this.

[Akanei]

And any sort of profit you think you're going to be making, in the long run, won't amount to anything, since prices will eventually level out to what you're selling them in rolan.

Brilliant.

[Hwang]

I have no idea what stage you're on, or what prices you're selling for in rolanberry, but lets just say 1mil for 100 shells and 1.2 for 100 bronze, thats 16.8mil for your third stage, and 61 mil for your fourth stage, then you have the 10000 bynes, probably pick them up around 500-600k pretty easy, so 3 stages are going to cost you near enough or just over 100 mil, all because you want to make a quick profit

[Avarice]

pretty much. but if we were able to list currency on ah, it would probably prevent him from doing this.

If Ancient Currency could go on the AH, prices would be so fucking low due to constant undercutting.

[frodnonnag]

If Ancient Currency could go on the AH, prices would be so fucking low due to constant undercutting.

and that would be a good thing, although i think the deciding factor would also be the event cost, i don't think dynamis coin would drop below 3k, abc below 1k, or alex below 2k

there also seems to be the "1k wall" when it comes to anything on the AH, anything lower and people might as well throw it away.

[Shiriokumo]

And any sort of profit you think you're going to be making, in the long run, won't amount to anything, since prices will eventually level out to what you're selling them in rolan.

Brilliant.

not only that no matter wat you shout to buy for some ones always gunna try and get the 1 up on you which means your just gunna have to keep raising ur prices etc etc etc and it will become a vicious circle if you want to keep ontop of buying all the currency. and with it known that you've been buyin/reselling currency any ls that would let you sponsor would be outta their friggin mind. so like hwang said its gunna cost you over 100mil where as any normal person buying currency at 6-8k a single and actually being able to sponsor a run could very well do it for 40-50 mil.

[Kyarutaru]

Veg, what you're doing is not really a good way to ensure a sponsoring spot in our shell -- I'm sure the leaders wouldn't look well upon this type of action.
You're gonna fuck yourself and everyone else in the end. Stop artificially inflating the price.

[Shadowhusky]

ITT: People baww over someone raising prices in a free market?

[Cream Soda]

I was pretty sure that selling outside of the shell as a sponsor was prohibited anyways, so not like I'd be doing this if/when I got a sponsoring spot. People buy things lower and sell them higher all the time, not just with dyna currency, but don't see people complaining about doing that. Don't see how it should have any influence at all on my sponsor eligibility. As a matter of fact, discussed this with Xorn before I even started. Are you funding my relic? If not, then let me fund it.

Edit:

ITT: People baww over someone raising prices in a free market?

This