Auction house and Dynamis Money

[Panthera]

I say put it on the AH. Some people buy currency, and some sell it. There is no reason for anything that can be bazaared to be restricted from the AH. It just makes comparing prices more time consuming by checking every single AFK mule in Jeuno, and to what end? Currency still gets bought and sold.

Remove the hassle. Put currency on the AH.

[Greatguardian]

Does no one realize just how much of a pain in the butt it would be to actually put AC on the AH?

You only have 7 AH slots. If you have 50 Byne Bills, you're putting 7 singles up at a time. Heaven forbid you craft, or have other things that you want to sell.

[Zumi]

Just shout to sell it for 2-3k below the going rate and someone will want to buy it in like a min.

[Sparthos]

Does no one realize just how much of a pain in the butt it would be to actually put AC on the AH?

You only have 7 AH slots. If you have 50 Byne Bills, you're putting 7 singles up at a time. Heaven forbid you craft, or have other things that you want to sell.

They could stack currency to 12 or 99 and for 100s a simple 12 stack would suffice.

Really, prices wouldn't spike too high due to the chance of being undercut. You'd have the initial price rise but eventually prices would reach equilibrium.

You could always simply sell your currency off AH regardless of the change.

[Greatguardian]

I don't think it's even possible for an item to stack to 12 or 99, just one or the other. If it stacks to 12, people who carry lots of Currency will get screwed on inventory space. If it's 99, the AH will be flooded with singles and the invisible hand of the free market will discombobulate everything.

If there's one thing I wouldn't mind seeing on the AH, it's Ancient Beastcoins; There is only one type, and they're generally only needed/used by starting players since most long-term players have their Brutals et al already. I don't feel comfortable radically altering the way Dynamis Currency is exchanged this late in the game.

[Seriha]

I'm probably one of the few who thinks currency costs would go down if AHable. As is, the reseller market introduces a bloat I'm sure relic upgraders aren't fond of. Those sitting on a small amount of cash looking to sell tend to accept the quick sales just to unload it and be done with it since they'd otherwise need a mule to AFK bazaar or try to shout sell or AFK bazaar their main. And if looking to the AH seeing 100+ of an item listed, I imagine everyone's first instinct would be to try and undercut a little.

[Alhanelem]

Sounds like a good idea to me.

sounds like not a good idea to anyone who wants a relic. Do you really think relics should cost billions? Nothing in the game should cost billions IMO.

[Siviard]

Billions Tahn? Get real. Quit your fear mongering, ya commie.

[Alhanelem]

OK OK OK several hundred million. Ignoring the fact that more than 10-20 million is more than out of the average player's reach, what difference does it make? The point is there.

[Suirieko]

Putting these ancient currencies on the Auction House will not do anything to help with the price. It won't make the currencies cheaper. There are too many limitations with the Auction House to even justify putting the coins on AH. That said, currencies are fine as it is.

Remember people will regularly buy and sell coins en masse, especially the relic holders. Given the limitation of the Auction House, it wont' do anything to fix that. If anything, putting coins on the auction house will defeat the very purpose of currency market in the first place, due to the said limitation.

You can only sell up to 7 items. Whether they are 7 stack of items, or 7 indvidual items. Currencies stack at 99, so you can only either sell single unit currencies or all 99 at once. That said, it's not economically efficient to distribute single unit currencies on the auction house. I'm sure on average, relic buyers (and even people upgrading their Relic AFs to +1) will buy coins in any numbers, that they can afford. Bottom-line is, when it comes to single unit currencies. It will not do anything to help, period.

They could stack currency to 12 or 99 and for 100s a simple 12 stack would suffice.

Really, prices wouldn't spike too high due to the chance of being undercut. You'd have the initial price rise but eventually prices would reach equilibrium.

You could always simply sell your currency off AH regardless of the change.

Let's assume they even change it so you can stack the coins to 12 units. It will NOT help at all. Also, it should be noted that stacking single units to 12 will make it impossible to convert single units to 100 unit, since you can only trade 8 items at a time, stacked or not, so therefore, can only trade up to 96 units, making it impossible to convert to 100 unit. So no, absolutely not.

Now, let's even assume they do put currencies on the AH. the only type of currencies that might help would be the 100 units. IE = Lungo-Nango Jadeshell, 100 Byne bills, and Montiont Silverpieces, since those people will tend to buy in small amount, usually one or two at a time, unless the person have a hell of a lot of money.

Now, consider the 'fee' for selling the items, we'll keep it at Jeuno since that's where everyone tends to hang out at.

Single item fee = 1% of the seller's asking price +50 gil.

So assuming you sell a Montiont Silverpiece at 1,300,000, it will cost 13,100 gil to sell it. Even thinking of selling a stack of Montiont Silverpieces (which even if this happen, would never happen) would be scary. The fee for that would be about 643,900.

Bottomline is: The currency market as it is, is fine. It's incredibly inefficient to distribute the currencies via AH. 100 units on AH MIGHt be feasible, but If (God Forbid) this was ever done, I'd still be sticking with bazaars and shouting.