ARR Gil Cap Reduction

[Molly_Millions]

Let me know when SE adds VC firms, a stock market, or when your gil wallet accrues interest. Until then, the only investment you can make is exactly what Molly_Millions is doing: spending it on items.

You can't just parrot something you heard on Fox Business and expect it to apply here.

Definitely. Don't get me wrong. I constantly work my ass off to make gil, it's just that there is no reason for me to save it when there is so much cool stuff to spend it on. After all, what good does it do you to not spend your gil? It's not accruing interest. The cost of items however, does rise and fall like the stock market. In the rare times that I do find myself with multiple millions, I spend it on items that are priced too low in my eyes and resell them at a profit. Your gil can't make more gil while it's just sitting in your inventory.

[Haldir90]

so the most cost effective thing to do is reduce your gil to <10,000 and stockpile gear you can then resell once ARR comes out. you lose no gil, but have invested it all.

I guess my plan is to get a stockpile of armors (which may become useless) and see how the materia systems is adjusted and remeld stuff based on what is now considered "optimal"

[Orophin]

100mil isn't a lot of money in this game and there will be thousands of pissed off players when including people who have quit and are waiting for V2.

It'll be a lot of money in ARR once they cap you.

You do realise that we will only have one retainer in V2 right?

Do you have a source for this? I don't remember them saying we're losing a retainer, only that their max inventory will shrink.

so the most cost effective thing to do is reduce your gil to <10,000 and stockpile gear you can then resell once ARR comes out. you lose no gil, but have invested it all.

I guess my plan is to get a stockpile of armors (which may become useless) and see how the materia systems is adjusted and remeld stuff based on what is now considered "optimal"

Pretty risky considering certain things may drop in value due to less money being in circulation, and we don't know how less effective materia will become.

100 million gil is quite a lot of money. I don't see any reason to go on some mass spending spree to hoard it all, unless you just have so much more over the new cap.

[Enyyx]

Let me know when SE adds VC firms, a stock market, or when your gil wallet accrues interest. Until then, the only investment you can make is exactly what Molly_Millions is doing: spending it on items.

You can't just parrot something you heard on Fox Business and expect it to apply here.

The stock market is all about buying low and selling high. I had no idea we couldn't do that here D:

OMG guys brb! Need to talk to chuck :P

[Phrozen]

i'm missing the part where this is a good idea

[Molly_Millions]

Pretty risky considering certain things may drop in value due to less money being in circulation, and we don't know how less effective materia will become.

But if you happen to be over the cap, then aside from putting some on a retainer, spending the rest on items is really the only thing you can do to ensure you don't just lose it.

[Xenor]

It'll be a lot of money in ARR once they cap you.

Do you have a source for this? I don't remember them saying we're losing a retainer, only that their max inventory will shrink

No it won't, not if I'll only be 3 times as rich as you rather than 15 times as rich.

I do not, I thought it was common knowledge by now that the second retainer is temporary. But maybe not.

And no I won't "invest" in gear like some people suggest. This is a game where the price of things like Crab Bow +3 can drop from 20mil to 5k over the course of a patch. Who knows what will become trash in patch 2.0? Gambling is a one way path to losing everything. But if you must gamble you'd be safer investing in raw materials. Even then with changes to gathering we don't know how the supply chain will change.

[Ferth]

Reading rein's translation it seemed to imply that everyone would just have a tenth of their total gil in 2.0 As has been mentioned earlier that means that if you have 150,000,000 you would drop down to 15,000,000 or if you had 1,000 you'd end up with 100.

The other people who made this assumption seem to have been shot down, though honestly it makes FAR MORE sense than saying everyone over cap will be capped and everyone else will stay where they are. Basically it would just be a worlds wide readjustment to the value of each individual gil. (reducing 90% of the amount of gil in the game OVERALL thus making everyone's gil worth more, the rich would stay JUST AS RICH, the poor would still be JUST AS POOR, the only thing that would change is the exact number everyone has in their inventory.)

Clarification is most certainly needed here, but hopefully that will come with the official translation. (Though sooner certainly wouldn't hurt matters.)

[Orophin]

Reading rein's translation it seemed to imply that everyone would just have a tenth of their total gil in 2.0 As has been mentioned earlier that means that if you have 150,000,000 you would drop down to 15,000,000 or if you had 1,000 you'd end up with 100.

You should probably read Bayohne's translation, since while I appreciate Reinheart's work, he'll be the first one to admit his translations aren't always 100% accurate. People can sometimes interpret things incorrectly.

http://forum.square-enix.com/ffxiv/t...l=1#post826003 - Bayohne Translation

Q: Will you wipe gil from our characters or change the currency with the launch of ARR?

A: No, there won't be a gil wipe. However, we do currently have plans to decrease the max digit by 1 (999,999,999 > 99,999,999)

Nowhere does that say that EVERYONE's gil is getting reduced. All this implies is that anyone with a gil amount over 99,999,999 will be capped at that value in ARR. Reinheart's translation seems to expand on what Yoshida said, but all he said was that vendor items were going to be reduced in cost.

Reinheart translation:

We already mentioned before we would not wipe but we will put this on topics but for example arrow price is bit expensive so stuff like that will change, and gil total will be less by 1 digit for all players and at same time all NPC sold items will be 1 less digit (1,000 gil > 100 gil)

I emphasized the bolded part because I believe Bayohne's translation is more accurate for that specific part.

[Ferth]

Hmm... I suppose that is a bit more official... I just really, really hope se wouldn't do something so blatantly retarded. Rein's translation really would benefit new players starting at 0 because all the gil they earn would have a higher value, everyone else would have the same value of gil as before just in a smaller number.

Bayohne's translation would be like saying "hey all of you people who are really good at making money. Sucks to be you!"

Though I would also point out that both translations were done very quickly, so bayohne's could be missing important context as well.

Again, clarification would be needed.