If SE is taking away my hard work...

[Ferth]

Not bothering to reply to it all because I will repeat myself, like you are repeating yourself. There is no point to this debate because you are not going to change my view and I will not accept I am wrong when I believe how something will turn out. You might as well tell the pope the god doesnt exist...

If ALL items in 1.0 over night went to 2x their price, yes I would be considered less wealthy, everyone would.
If ALL items in 1.0 over night went to 0.5x their, yes I would be considered more wealthy, everyone would.

If you have 1m in 1.0 and over night all items jump to 3m from 1m, you are not wealthy, you are not as rich as you were, that is my belief, and how I will argue, if you think that is stupid or wrong, then thats your opinion, you are not going to change how I think or see things.

I didn't say all items. I said a a few items that you occasionally buy or sell. And I didn't say anything nearly as sweeping as 100% or 50%. 1% would easily fit the example and share your point as a reference.

Do you actually believe that every single item in 2.0 is going to cost more than it's 1.0 relative value? And that those values will persist for a sustained period of time?

My prediction: when 2.0 comes around, everyone (myself included) will think these redenomination threads were a huge waste of time.

Frankly, SE shouldn't have bothered making this announcement 'til the servers were already down. Because when 2.0 rolls around most of the people who feel jipped are either not going to be playing, or not going to care anymore.

[viion]

I didn't say all items. I said a a few items that you occasionally buy or sell. And I didn't say anything nearly as sweeping as 100% or 50%. 1% would easily fit the example and share your point as a reference.

Do you actually believe that every single item in 2.0 is going to cost more than it's 1.0 relative value? And that those values will persist for a sustained period of time?

My prediction: when 2.0 comes around, everyone (myself included) will think these redenomination threads were a huge waste of time.

Frankly, SE shouldn't have bothered making this announcement 'til the servers were already down. Because when 2.0 rolls around most of the people who feel jipped are either not going to be playing, or not going to care anymore.

Huh when did I say relative to its 1.0 value?

I clearly said so many goddamn times, an item might start at 5m if it was 10m. this is CLEARLY LESS, 5 is LESS than 10, not relative, or higher, like you think I said. It is not "cost more than its 1.0 relative value" it costs LESS but NOT 1/10TH. I have said this about 10 times, in every post I have said it. But you choose not to listen.

A Double Meld Relic Bow for example I DO NOT THINK will reduce to 3m from 30m, i think it will start at about 15m and reduce to around 10m. I dont think it ever will, ever, at all be 3m.

I AM saying all items, doesn't matter about a few i occasionally sell because a few don't make up the pricing structure, they all do.

Way to also completely bash me for accusing people of actions then go and do it yourself, very hypocritical...

[moriandrio]

You should just be glad they didnt a real wipe :P

[viion]

You should just be glad they didn't a real wipe :P

Well personally, I kind of wish they did, but people would stock on items and it wouldn't work. This method works, in my eyes it reduces the amount of gil people have without taking it away and makes everything much more expensive, not many will stock because some people choose to believe those items will be 1/10th the value, I believe they will be more like 3/10ths or 4/10ths so me and a small few will earn some of our Gil back from this.

[whoopeeragon]

You should just be glad they didnt a real wipe :P

With the migraine I'm getting, I hope we do get one just to have something else to complain and bitch about...

[Colino]

You should just be glad they didnt a real wipe :P

I don't know. If getting gil will generally be as easy as it is now, a wipe really wouldn't be that big of a deal. But since there will be more gil sinks I doubt that will be the case.

[Almalexia]

Opponents to redenomination are describing ignorant buyers/sellers in their "lost wealth" arguments, but they are blaming redenomination for the loss. Whether gil is universally cut to 1/10th or not has no effect on people's business acumen, spending habits, avarice or lack thereof. These values will not change in 2.0.

If a seller marks an item at 1.0 prices, he doesn't understand how redenomination works--or he doesn't care.
If a buyer purchases an item for 1.0 prices, he doesn't understand how redenomination works--or he doesn't care.

The experience will be similar to a patch day inflation when new items are introduced. I think the last rush FFXIV had was with DoH hats. How long did that last?

[moriandrio]

Actually I'm quite happy with this redomination. Simple reason with the start of 2.0 you will be able to make huge amounts of gil in the first weeks cause of all what we have read in this thread.

Maybe we loose abit of the wealth maybe not, doesnt matters cause its for everyone but aslong ppl pay the crazy prices at start some of us will get some of the gils back

[viion]

Opponents to redenomination are describing ignorant buyers/sellers in their "lost wealth" arguments, but they are blaming redenomination for the loss. Whether gil is universally cut to 1/10th or not has no effect on people's business acumen, spending habits, avarice or lack thereof. These values will not change in 2.0.

If a seller marks an item at 1.0 prices, he doesn't understand how redenomination works--or he doesn't care.
If a buyer purchases an item for 1.0 prices, he doesn't understand how redenomination works--or he doesn't care.

The experience will be similar to a patch day inflation when new items are introduced. I think the last rush FFXIV had was with DoH hats. How long did that last?

Why should someone a sell an item for 1/10th and care about what is trying to happen with redenomination when when he can sell it at 5/10ths of its current value, and 20 other people can sell for around that mark also.

[Ferth]

Huh when did I say relative to its 1.0 value?

I clearly said so many goddamn times, an item might start at 5m if it was 10m. this is CLEARLY LESS, 5 is LESS than 10, not relative, or higher, like you think I said. It is not "cost more than its 1.0 relative value" it costs LESS but NOT 1/10TH. I have said this about 10 times, in every post I have said it. But you choose not to listen.

A Double Meld Relic Bow for example I DO NOT THINK will reduce to 3m from 30m, i think it will start at about 15m and reduce to around 10m. I dont think it ever will, ever, at all be 3m.

I AM saying all items, doesn't matter about a few i occasionally sell because a few don't make up the pricing structure, they all do.

Way to also completely bash me for accusing people of actions then go and do it yourself, very hypocritical...

Do you even know what relative means? Every time you compare a 1.0 price with a projected 2.0 price that is a relative comparison. Every example you have used has used relative pricing. That's what your whole prediction has been about. Higher relative prices for items in 2.0 equating to a loss of wealth.

A Double Meld Relic Bow for example I DO NOT THINK will reduce to 3m from 30m, i think it will start at about 15m and reduce to around 10m. I dont think it ever will, ever, at all be 3m.

the 1.0 price is 30m. Every comparison you make, be it 3m or 15m is relative to that price. it depends on that 30m as a frame of reference to describe the change it has undergone. THAT'S WHAT RELATIVE MEANS.

In a perfect world that relative price will be 3m. The item would retain 100% of it's current value when compared to the shift in gil everyone will undergo.

You are afraid it won't even be close to that, starting at 15m which means the relative price would be 500% of it's current value.

The point I am trying to make is we don't even know if that bow will be required for relic in 2.0. and if it isn't then the price won't even be close to 3m.

The question you have to truly consider though is are you willing to pay 30m for the bow right now? If no, then the pricing doesn't concern you at all. If yes, the question then becomes "are you willing to pay 150m for it right now." If no, then guess what? Chances are almost everyone feels the same way. If yes, then I have some things I'd like to sell you.