Game Economy and the gil redenomination

[TrystWildkey]

Just tell him he's right, and give him a big hug. No more silent treatment.

I laughed when I read that because it's almost exactly what happened when I got home last night. We had a long, involved conversation (conversation this time, not an argument) about economics. He pointed out many of the things that you guys have in the forum, and a lot of other things I hadn't thought of. I hugged him, told him he was right and all was well.

In retrospect, I should have done that at the beginning and asked him for an explanation later. The man is *ALWAYS* right.

[Matsume]

much ado about nothing

One of my favorite plays by shakestaff imself

[Warlock]

I laughed when I read that because it's almost exactly what happened when I got home last night. We had a long, involved conversation (conversation this time, not an argument) about economics. He pointed out many of the things that you guys have in the forum, and a lot of other things I hadn't thought of. I hugged him, told him he was right and all was well.

In retrospect, I should have done that at the beginning and asked him for an explanation later. The man is *ALWAYS* right.

Hahahaha argue over a game....on a serious note unless ppl selling stuff now writes down every single price (which it changes constantly by undercutters) they wont know what to sell stuff at in ARR wards ...remember the current high prices now are driven by materia and Yoshi-P already said not to spend more gil on materias bcuz they could be worthless in ARR ..now that i think of it will crafter guilds have this reduction as well? material prices they sell wont be that bad in ARR

[Alhanelem]

I am operating on the assumption that in an economy where you can buy gil, behavior will not match the real world.

You can obtain money illegally in real life just like you can in the game. Therefore the behavior WILL match the real world.

RMT have no bearing or relevance on the redenomination. It affects them the same way it affects everyone and everything else. RMT have no particular advantage or disadvantage in the redenomination, so please, just factor RMT out of your opinions.

[NefGP]

This is why I'm currently torn;

Do I sell off all my wares now before deflation, or wait until beta starts and then unload, hoping to snag some sales before prices start to drop off?

[Alhanelem]

This is why I'm currently torn;

Do I sell off all my wares now before deflation, or wait until beta starts and then unload, hoping to snag some sales before prices start to drop off?

It won't really matter in the end. The smartest thing to do is just carry on business as usual. Don't act any differently than you normally would.

[Twiddle]

This is why I'm currently torn;

Do I sell off all my wares now before deflation, or wait until beta starts and then unload, hoping to snag some sales before prices start to drop off?

Firstly: What happens in beta, stays in beta.. you will NOT have your current char in beta you will be starting from scratch. After Nov 11 you will not see your character again until 2.0 is on the market, in the first quarter of 2013.
Secondly: What i did was, I sold off all my armor, weapons, accessories of value. Reason When 2.0 hit's they may not be worth squat do to new items, redefined stats, and so on. So really what i would advice is convert what you can in to gil now. Liquid currency will not loose ANY value, items how ever will.

[Matsume]

How SE wants you to act:

It won't really matter in the end. The smartest thing to do is just carry on business as usual. Don't act any differently than you normally would.

How SE is afraid you will act:

What i did was, I sold off all my armor, weapons, accessories of value. Reason When 2.0 hit's they may not be worth squat do to new items, redefined stats, and so on. So really what i would advice is convert what you can in to gil now. Liquid currency will not loose ANY value, items how ever will.

Hmmm... I wonder why

[Twiddle]

Hmmm... I wonder why

Well way i see it, in 2.0 my 12mil will have the same buying power as my 120mil now. While items and materia with sky high value now, could become impossible to even give away after the change. And items and materia that you can't even give away now could have sky high value in 2.0.

[Matsume]

Well way i see it, in 2.0 my 12mil will have the same buying power as my 120mil now. While items and materia with sky high value now, could become impossible to even give away after the change. And items and materia that you can't even give away now could have sky high value in 2.0.

I agree 100% 10%