ARR Gil Cap Reduction

[PandaTaru]

[...]

Let me try to clarify:

1. Everyone's gil is reduced to 10% of it's previous value. All NPC sale values are reduced to 10% of their previous value. All gil rewards are reduced to 10% of their previous value. Re-denomination. 1 ARR gil = 10 1.XX gil.

2a. Buyers have significantly less gil than before when they consider the not-yet-adjusted market wards values and therefore they do not buy anything as paying 1mil for something now would amount to having paid 10m for it before.

2b. Sellers notice that nothing is selling like it used to at the old prices and repeatedly drop prices until things sell. Technically they wouldn't be losing any profit at all until they go below 10% of the previous sale price. This means they won't have any trouble dropping prices by large values at a very quick rate. Even the most stubborn of them will be forced to.

3. New supply/demand rates are met and new prices are achieved in the market - likely eventually hovering around 10% of what they used to be.

Even if what you said was a supposition, this is fantasy/dreamer economic based on no other facts than what you think will happen. What's even more amazing is how you seem to completely ignore the fact that reducing the total gil and NPC prices will also make it harder for everyone, and even harder for new players, to make gil than it is now in your theory. In the end the psychological effect of seeing a lower number will be quickly chased away by the frustration of having a hard time making gil and the inflation that will happen. Be it player driven inflation or, for a worst case scenario, RMT driven inflation. Again, stop dreaming and don't underestimate human stupidity.

[Xenor]

I guess if you have a really deep and absorbent poop sock, no life, or responsibilities you could exceed the retarded amount of 99,999,999 gil and actually be affected by this change, but I really only thought that botters and gil sellers would have that kind of cheddar.

Seriously? I was making 50mil a month when crab bows and jade crooks were cool.

Admittedly it has become a lot harder to make money since then and I've barely had a retainer in a ward this year because I just can't be bothered with it any more, so I can see why a new player would hold the opinion you have.

These days gil is mainly made through selling lots of small value items rather than high value items like +3 weapons. Sure the relic double melded weapons are expensive, but chances are if you're making those you're buying the materia so the profit is very low. It's just too time consuming to farm the right materia due to the RNG.

But just the other week I made over 22mil just exchanging my guildmarks. Money for literally nothing. I bet most people exchanged theirs without even thinking how to get the most money per mark.

[NoctisUmbra]

Even if what you said was a supposition, this is fantasy/dreamer economic based on no other facts than what you think will happen. What's even more amazing is how you seem to completely ignore the fact that reducing the total gil and NPC prices will also make it harder for everyone, and even harder for new players, to make gil than it is now in your theory. In the end the psychological effect of seeing a lower number will be quickly chased away by the frustration of having a hard time making gil and the inflation that will happen. Be it player driven inflation or, for a worst case scenario, RMT driven inflation. Again, stop dreaming and don't underestimate human stupidity.

Making 10x less gil as opposed to before is not the same as it being more difficult to make gil if the new gil value is a re-denomination of the old one. Difficulty in making gil would be based on how many avenues one has to earn gil and the relationship between how much NPCs sell for vs how much an average player makes. Both of those things will be remaining the same.

You're really caught on this idea that you need to get back into the millions to feel rich, whereas being the hundreds of thousands will be considered very well off.

[Zeno-Ira]

The best would be to distribute all your 999,999,999 gil over 99,999,999 characters each 1 gil, they cannot lower 1 gil. Then trade it back 99,999,999 times to get your gil 999,999,999 back. Though it would take you 999,999,999 hours to do this. On a serious note.. i rather not have them touch gil..

[Takeshi_Eiketsu]

Except it wont drop by 90%. An item that currently sells for 1mil will likely NEVER get down to 100k. They should leave player gil alone!

Also, its a bad idea, as at the moment the idea of RMT is laughable by most people, as when gil is this prevalent, why would anyone feel the need to buy it? But increasing the demand for gil, increases the demand to BUY gil, which makes RMT more successful.

There we go, I have agreed with everything you said til the wipe, so I corrected your statement sir, now I can agree again.

[Takeshi_Eiketsu]

Oh, this just came to mind so I apologize in advance for the double post, but consider the following little brain-teaser:

If you buy something for 500k on the market on November 1st before the Final Save maintenance for the current version and manage to sell this very same item for only 100k in ARR, you will have made a 50% ROI (Return on Investment).

Wow dude, way to argue with Punainen that this wouldnt happen, and then turn around and say it would.

-10char

[Neomarl]

the best solution would be to perm ban all players who still have above 100 mil gil after 2.0 on suspicion that they are gil sellers/RMTs.

it would fix the economy and give new players a chance

[NoctisUmbra]

Wow dude, way to argue with Punainen that this wouldnt happen, and then turn around and say it would.

-10char

Are you really that dense or do you not understand how even by selling for less you make a solid profit. I wasn't even suggesting people should or would try to cheat Gil out of players but providing an example of how sellers wouldn't be losing Gil by lowering their prices to 100k

[Zenval]

Why is this even being discussed?
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)

It says no gil wipe. It says max digit. This is as plain as it gets. It doesnt say everyone will be reduced by one digit. It plainly says max digit. The only people affected by this are people with more than 100mil. Store it on retainer or a mule. Really people?

[NoctisUmbra]

Why is this even being discussed?
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)

It says no gil wipe. It says max digit. This is as plain as it gets. It doesnt say everyone will be reduced by one digit. It plainly says max digit. The only people affected by this are people with more than 100mil. Store it on retainer or a mule. Really people?

When it says max digit it isn't clearly referring to the cap. Like I said it's a digit drop. It was explained in some more detail during the actual live letter.

Also, ironically, they can't quite say there won't be any gil taken away when they intend to cap gil with a value less than what so many players have. Lowering only the cap can result in gil being removed from the game. A global reduction of 1 digit will not result in any "gil" being taken away from the game.


Eh... on that note, I'm pretty much done here. I'll just sit tight and wait for either the official translated video or a rep to clear it up. Once you all realize they are in fact performing a re-denomination and lowering all gil values by a factor of 10 I'm sure more people who can't grasp how that will work will get to posting then.