Auction house and Dynamis Money

[Karbuncle]

The Casual-Dynamis player would have less use than those who do dynamis with groups/sell currency in larger numbers.

This would be more for the people who end up with ~200 coins a night from a Dyanamis, can easily turn those into 2 montiont's/Jades/100's and put them on the AH and continue playing, rather than worry about having to bazaar them overnight.

to be more to the point, me. I've been doing dynamis lately for currency, but windurst sucks, and all prices are the same, so i usually do Beauc or Sandy for currency, Sell what i don't need, and Keep what i do. Generally on a good run (no 100's) i can walk away with ~250 coins, being able to take 200 and put them on the AH as 100 pieces, and just use the other 50 in bazaar would take a load off my mind...

I understand it wouldn't greatly benefit every player (nothing would!) but i think it would be a convenience for some, which, if simple enough to introduce, should be enough reason for consideration! So long as its not a huge undertaking of dev time.

[Taint2]

Allowing AHable coins would lower the price. It increases available suppy and access. Not everyone bazaars their coins and not everyone has a mule for doing so. The 7 slot restriction would do a few things. First coins would sell very fast, 2nd sellers would put coins up for sale at aggressive prices to increase their turn rate.

Everyday I see bazaars with singles or very few coins in them. (CB coins, pick up FL dyna runs etc) AHing them would add 1000s of coins to the access of all.

[Suirieko]

So I can sell a maximum of 7 items. Depending on what I'm selling, this can be more or less in Gil value than I'd sell normally anyway. What's your point? How does that "defeat" the purpose of currency? as you say.

Allow me to refresh you on how currencies and making relics work:

LEt's take Mandau for example. Upgrading a relic comes in several stages.

Stage 1 comes in form of the base relic weapon. In this case, Relic Dagger.

Stage 2 comes in form of Malefic Dagger, this requires 400 Byne Bills

Stage 3 comes in form of Dynamis Daggger, this requires 1400 Ordelles Bronzepieces

Stage 4 comes in form of Batardeau, this requires 6100 Tukuku Whiteshells.

Stage 5 comes in form of Mandau, the last stage, requires 10,000 byne bills.

The fact of the matter is. When you're doing Dynamis, you're going to get tons of coins if you do it right. The fact is, Being able to sell only 7 currencies at a time is way too little to even justify putting them on the auction house. Selling 99 coins, is way too much. You might as well buy 100 unit currency instead. Most people are still going to be selling coins via Bazaar because of this.

So you buy single units off the AH like anything else, and buy as many as you can afford. It makes it so you don't have to check every mule in Jeuno and Beyond to get the best price. That helps, period.

I get on average 200+ coins per run in Dynamis, on the daily basis. Let's say I do want to sell all the coins. Let's go hypothical with currencies. Let's say SE do allow people to sell currencies on Auction house.

Let's say I split the all the coins to everyone involved, and there are 4 people. Everyone gets 50 coins. Sure, all 4 of the people will put 7 whiteshells, myself included. I'm not gonna wait til my currencies sell then put another 7 more. I'd still going to put the currencies in my bazaar, and I'm sure many other players will as well. That said, there will still be several mules in Jeuno and beyond selling Currencies. You can either sell only 7 at a time, or 7 stacks of currencies. Again, you might as well convert the 7 stacks of currencies into 100 unit.

Welcome to the world of selling expensive things. Would I put invest 13k for a 1.3m profit? Yes. Items sell for over 1 million on the AH all the time, and I've bought and sold such things. Or, I could be smart and sell it in a home nation, and pay a lot less in fees. Putting it up on the AH gets the seller's item noticed faster and sell quicker. Putting it on the AH saves buyers time and energy.

People avoid selling expensive items on Auction house for that very reason. Why do you think you'll see cursed gear +1 in bazaars more so than AH. Because the cost to sell them (and repeatedly resell due to undercutters) will add up. Sure, some would sell 1 million + Np, but fees DO add up, and some expensive gears can take time to sell.

It's inefficient to wander around checking mules and shouting for buyers who might not be there. The AH is smart and efficient. The bazaar is fine in addition to the Auction House, but not in place of.

And while they're at it, put more things on the AH. Why not ABCs? Why not items for Empyreans? The game should make being a smart business man important again.

Look at the number of currencies required to make currencies. In the case of Mandau you need 17900 (or 14900 if you get a loan for the final 3,000)single currencies overall. Relic buyers will buy currencies en masse off the bazaars. Inefficient yes, but the auction house is more so. Sure, if this gets implemented, I will still look for currencies off the AH. However, it would make a very, very small dent in the progress because I would only expect to get very small number of currencies off the AH.

In the long run, this will make absolutely no different to the market. People will still be selling majority of currencies, via bazaars and shouts, simply for the fact that the Auction House have too many limitation to support the currencies market. It's also not going to drive the prices down or impact the prices at all because there will still be a majority of coins sold via bazaar, rather than Auction House, and it will be the bazaar selling trend that will govern the price of the AH.

Don't get me wrong, in any case, I really don't mind the addition, but I can't just seeing this making a huge different in the currencies market period, especially not for single units. However, the 100 unit might make a different. In any case, it'll be just another mean to buy currencies and make progress on relic, even if it's little. Personally I'm overall neutral on this. It won't bother me if this gets added or not.

[Vyvian]

I don't think putting coins on the AH is a good idea simply from the buying standpoint. When I upgraded my relic, I'd buy as many as I could afford to (which was usually a fairly random number) when I made some money off an event or selling something I had farmed. Sometimes it'd be 7, or 42, or 106.

The problem with the AH is whenever you get down to the single units, you'd end up having to wait 3 seconds to check if your bid was successful before you can make another bid. If I'm buying 77 it could take 15 minutes to do what took 5 minutes of bazaar hunting and buying the currency I wanted in 1 shot. Waiting to buy a stack may not make too much sense either, because if you're offsetting buying currency with your own dynamis farming, you may not need the even numbers to complete a stage, or maybe you want currency to upgrade an AF2+1, which takes less than a stack as well.

[Karbuncle]

I don't think putting coins on the AH is a good idea simply from the buying standpoint. When I upgraded my relic, I'd buy as many as I could afford to (which was usually a fairly random number) when I made some money off an event or selling something I had farmed. Sometimes it'd be 7, or 42, or 106.

The problem with the AH is whenever you get down to the single units, you'd end up having to wait 3 seconds to check if your bid was successful before you can make another bid. If I'm buying 77 it could take 15 minutes to do what took 5 minutes of bazaar hunting and buying the currency I wanted in 1 shot. Waiting to buy a stack may not make too much sense either, because if you're offsetting buying currency with your own dynamis farming, you may not need the even numbers to complete a stage, or maybe you want currency to upgrade an AF2+1, which takes less than a stack as well.

This makes a very valid point, and i agree with it completely.

[Raksha]

This makes a very valid point, and i agree with it completely.

Never stopped me from buying ~50 unstackable fish one at a time.

[Alhanelem]

Sounds like a good idea to ppl who farm currency for gil, though.

Don't have that much gil? Farm the currency yourself.

if its that easy to farm, then it shouldn't be worth as much as you and other currency sellers want to charge for it.

And I most certainly would not tolerate the AH fees being passed to me as the buyer when bazaars can supply the currency without those fees.

[Vxsote]

I pretty much completely agree with Panthera on this one. Adding dynamis currency to the AH would serve to facilitate trade, and that would be a Good Thing. That isn't to say that bazaaring or shout-trades won't still happen, because they will. And there is absolutely nothing wrong with that. People will use the AH where it is convenient for them, and will bazaar where that makes more sense. Just like they do for tons of other items now.

BTW, I say this as a linkshell leader who has sold well in excess of 1 billion gil worth of dynamis currency, so I have a pretty good idea how this particular market works.

Being able to sell coins on the AH would result in a masive drop in price, due to the massive undercutting. I don't know why people think it would go up.

Probably because they lack the same understanding of supply and demand that you do. Facilitating trade does not change the supply or the demand. The only thing that it will do is even out some of the variations in price, but the average will remain the same.

[Taint2]

Just because coins are auctionable doesn't mean you have to sell them that way. You could bazaar them until you get a stack and then sell the 100 piece. Most people get 200+ a run as stated, thats 2 100 coins and the odd left over you could save or place on the AH.

[Olor]

I honestly want to know how people are getting 200+ a run... is there a guide somewhere? In a six person party we are averaging about 20-25 coins each...