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  1. #1
    Player
    Astarica's Avatar
    Join Date
    Oct 2013
    Posts
    484
    Character
    Olan Durai
    World
    Midgardsormr
    Main Class
    Goldsmith Lv 50
    It's pretty incredible that people can play MMORPG without realizing the price of goods always tend to crash with few rare exceptions (usually involve stuff that are dropped).

    The bulk of your profit is made from other crafters, which makes the whole thing a Ponzi scam. Ponzi scams are not sustainable, and add to the fact that most MMORPG decline on a server level after launch, the pool of suckers to make your money from is ever decreasing, so you have to be very aggressive. If you're playing on say WoW when it was new, you could afford to be less aggressive because the game was clearly growing so you figure there will always be new suckers to buy your stuff, but you can't do that here.

    Right now the only reason why people can even make some money off market board is that because gil is useless, guys who can destroy your profit have no particular reason to do so. I can sell something that goes for 5000 on market board for 500 gil and still turn a profit (as a note, 1 star items have very low time-to-gather due to level 50 nodes yield multiple per gather). I don't do that because I have no reason to need more gil so the only reason I'd do it is to see you suffer, and I am not that bored. If there was a legitmate use for gil, then someone will take 500 gil over nothing and the items will crash spectcularly.
    (0)
    Last edited by Astarica; 12-06-2013 at 04:01 AM.

  2. #2
    Player
    Mitski's Avatar
    Join Date
    Sep 2013
    Posts
    200
    Character
    Mitski Zahard
    World
    Gilgamesh
    Main Class
    Pugilist Lv 60
    Quote Originally Posted by Astarica View Post
    The bulk of your profit is made from other crafters, which makes the whole thing a Ponzi scam. Ponzi scams are not sustainable, and add to the fact that most MMORPG decline on a server level after launch, the pool of suckers to make your money from is ever decreasing, so you have to be very aggressive. If you're playing on say WoW when it was new, you could afford to be less aggressive because the game was clearly growing so you figure there will always be new suckers to buy your stuff, but you can't do that here.
    The second person in this thread to misuse this term Ponzi Scheme.

    "A Ponzi scheme is a fraudulent investment operation that pays returns to its investors from existing capital or new capital paid by new investors, rather than from profit earned by the individual or organization running the operation."

    Personal sales you make in FFXIV are not a ponzi scheme.
    -There are no investors
    -Real profits are earned

    I'm sick of people using (or attempting to use) terms they don't understand to sound impressive.
    (1)
    Last edited by Mitski; 12-06-2013 at 04:15 AM.

  3. #3
    Player
    Astarica's Avatar
    Join Date
    Oct 2013
    Posts
    484
    Character
    Olan Durai
    World
    Midgardsormr
    Main Class
    Goldsmith Lv 50
    Quote Originally Posted by Mitski View Post
    I'm sick of people using (or attempting to use) terms they don't understand to sound impressive.
    So you're tired of hearing yourself?

    An item like Twinthread is produced by a crafter that can only be sold to another crafter. While in theory the buyer of the Twinthread can turn it to say, Militia Robe, this is overlooking the fact that whoever made the original Twinthread most definitely can make Militia Robe as well. The reason the seller of the Twinthread did not turn this into a Militia Robe is because he already figured out there isn't a market for the finished goods, so instead he sells it to other crafters, making the whole thing a Ponzi scam. Even raw materials like Cobalt Ore is almost certainly from one crafter to another, given DoL jobs are generally harder to level than DoH jobs. Crystal shards are almost certainly mined by someone who have crafting skills at some point (unless that person realized from the get go that leveling up crafting is clueless), and is of course is only useful to another crafter.

    While the market for finished goods is not a Ponzi scam, this is also rather limited. For example the high 40s jewelry sells at a decent price, but my server's log reveals 10 of those has been sold per day, and there isn't exactly a significant barrier of entry to make such things. Even here, most of those sales are likely to be used in spiritbonding, which is one of the few recurring consumable goods in this game. I can sell an Aethernyte Ring at 500 gil and turn a profit, though at that price I might be better off selling Gold Ore or Rose Gold Nugget instead, which again goes back to the Ponzi scam.
    (0)
    Last edited by Astarica; 12-06-2013 at 04:30 AM.

  4. #4
    Player
    Mitski's Avatar
    Join Date
    Sep 2013
    Posts
    200
    Character
    Mitski Zahard
    World
    Gilgamesh
    Main Class
    Pugilist Lv 60
    Quote Originally Posted by Astarica View Post
    *SNIP*
    I'm still waiting for the part about the investors, the fraud, and the illegitimate profits. Please continue...
    (2)
    Last edited by Mitski; 12-06-2013 at 04:38 AM.

  5. #5
    Player
    Tiraelina's Avatar
    Join Date
    Mar 2011
    Posts
    476
    Character
    Tiraelina Kyara
    World
    Sargatanas
    Main Class
    Pugilist Lv 70
    Quote Originally Posted by Astarica View Post
    ...
    It couldn't possibly be a leatherworker that doesn't have weaver buying the twinthread.

    Not even remotely possible.
    (3)

  6. #6
    Player
    Lyrinn's Avatar
    Join Date
    Aug 2013
    Posts
    1,524
    Character
    M'kael Jin
    World
    Tonberry
    Main Class
    Conjurer Lv 3
    Quote Originally Posted by Tiraelina View Post
    It couldn't possibly be a leatherworker that doesn't have weaver buying the twinthread.

    Not even remotely possible.
    Shh, let him live under his rock in peace. There is no interaction between DoH classes.
    (2)