If SE is taking away my hard work...

[viion]

Say there is no gil redenomination, will Vanya still be worth 2m after ARR comes? Will Militia Choker still be worth 8m?
You're assuming these are the set prices while the prices are purely driven by players' supply and demand.

The redemoniation will not immediately make sellers price their goods at 1/10 of the old pricing. But these prices will be adjusted soon enough if the sellers actually want to sell stuff. If buying power stays the same, you don't have to worry much about the price changes. If there are price changes, it will not be caused by the redenomination instead it's going to be caused by the supply and demand and ARR changes.

I am not assuming they are set in stone, I assuming they wont have a % increase in 2.0.

if Choker at 8m goes to 4m instead of 800k it has had a 50% increase to its relation of reduction. Your argument would be valid if you said that the 8m choker went UP by 50% in 2.0 to 12m, then it would be considered the same.

If nothing changed and nothing happened, and we went into 2.0 with equality then that be all fine, but we are being reduced, an item is not and has gained value at the % higher than 10. And you assume people will not buy stuff at prices higher than 1/10th of the value, inflation has proven this incorrect, and you dont know if people will or not, just like i dont know if it will reduce or not, so what i am saying is a prediction, if you predict people will not pay anything above 1/10th thats gravy, but it doesn't seem like you're predicting it, more like insisting that will happen as you've not stated you assume or predict the way people act.

That's the whole point though, we really just "don't know". Nothing is a sure bet.

Right.... and? This whole argument is about what I predict, I never once said anything is a sure bet, I never once said I know this will happen, I said countless times that I will predict "this will happen" because of "this and this and this" and people are like THAT WONT HAPPEN, im sorry but it is a possibility, it is something that could happen. You might not think it will, but I think it could.

As I said earlier, it could very well be that prices go to 1/20th of their value and you become richer in that area because you can buy twice as many now. Relics could become 1m each and u could buy 3 of them. Its a possibility that could very well happen, but I do not believe it will, thats my opinion.

The prices will settle at whatever price that is sustainable given the amount of gil and the system and each person's own willingness to pay. It's pointless to even hypothesize exactly what percentage of the original price you think things will go to, because when the economy starts back up in 2.0, the demand for tons of items is going to change. Some items will go away (arrows), some items will be needed less, others will be needed more. The economy will gradually stabalize over time. It may prove benefiical to be conservative initially, but beyond that, nobody needs to take any special action to influence the economy. It will settle on its own.

Yes, by the way, I'm fully aware it's been talked about before. THere's been like a dozen threads on this topic- but in most of them except this one, people have come to grips with the fact that the effect this change has on people is not what some people are worrying it will be. For some reason, in this one, the panic is back in full force and people like the OP are calling it a "wipe" when it isnt.

Well argue the OP about the word "Wipe", my wording is a "Loss". I am saying we are going to loose some Gil, if you dont believe that that is your belief, you can throw all the facts at me all day long and I will throw many back at you.

The economy will stabilize and this will all be moot, but I predict it will not stabilize at 1/10th, thus I have had to earn more to get to that stabilized economy. I reckon, with MY OWN predictions it will stabilize higher.

If you actually bothered to read this thread you would realise it is mainly this debate with me that is going on and no one is freaking out. You would have realised this, if you read the thread, you'd also not post stuff which has already been touched on several times.

[Vindrax]

Right.... and? This whole argument is about what I predict, I never once said anything is a sure bet, I never once said I know this will happen, I said countless times that I will predict "this will happen" because of "this and this and this" and people are like THAT WONT HAPPEN, im sorry but it is a possibility, it is something that could happen. You might not think it will, but I think it could.

As I said earlier, it could very well be that prices go to 1/20th of their value and you become richer in that area because you can buy twice as many now. Relics could become 1m each and u could buy 3 of them. Its a possibility that could very well happen, but I do not believe it will, thats my opinion.

Oh don't get me wrong I definitely assume that there will be specific items that gain value, probably significant value. But these gains in value are going to almost entirely come from gameplay mechanics changes, instead of the redenomination of gil. I just don't want people to come in and read your post and liquidate their gil thinking that it's better to have a stockpile of items going into ARR then gil. Because it's not true, and take an extreme risk in doing so, as nobody knows exactly which items are going to be valuable (and this is why SE cautions players as such).

Gil will be the one constant that will carry over into the new economy and will retain its value 100%. In terms of the market, this game is all about relative wealth of players, and that will not change with the redenomination of gil. Anyone that benefits monetarily from stockpiling items will be the lucky ones that happened to pick the items/materials that are needed in increased demand in ARR, nothing more, nothing less. And since neither you, nor anyone else knows which items those will be, I just want to caution readers to not follow in your path, unless they are potentailly willing to risk losing vast amounts of wealth.

This is very much like playing the stock market, except we have no real way to predict future values. As the one poster noted Electrum Ingots, who knows, Electrum ore could be dropping off every high level mob for all we know (or crafting recipes changed that drastically reduce the amount of ingots necessary). You are extremely confident in your view, which is fine, but there are a number of posters that clearly don't understand the effect of this gil redenomination and my fear is they do something they are going to regret later, because they panic'ed when they saw they're losing 9/10ths of their gil.

[VanillaLatte]

I am not assuming they are set in stone, I assuming they wont have a % increase in 2.0.

if Choker at 8m goes to 4m instead of 800k it has had a 50% increase to its relation of reduction. Your argument would be valid if you said that the 8m choker went UP by 50% in 2.0 to 12m, then it would be considered the same.

If nothing changed and nothing happened, and we went into 2.0 with equality then that be all fine, but we are being reduced, an item is not and has gained value at the % higher than 10. And you assume people will not buy stuff at prices higher than 1/10th of the value, inflation has proven this incorrect, and you dont know if people will or not, just like i dont know if it will reduce or not, so what i am saying is a prediction, if you predict people will not pay anything above 1/10th thats gravy, but it doesn't seem like you're predicting it, more like insisting that will happen as you've not stated you assume or predict the way people act.

First of all, inflation is also part of the supply and demand. It doesn't just happen because it happens. (monies being printed everyday)

If the choker is 8m and goes to 4m instead of 800k when ARR comes, it just means the choker is worth more and more valuable to people in ARR, whether it's because the stats become more valuable because of ARR changes or choker becomes harder to obtain, etc. It will not be caused by the redenomination. (Obviously there will be suckers buying over-priced stuff during the initial ARR release time frame when people are still getting used to the new currency).

On the contrary, choker can well become 100k just because there are items with similar or better stats coming in ARR and easier to obtain.

One thing we're pretty certain about is ARR will not be the same as 1.0, meaning there won't be this equality thing. New recipes will be introduced and existing ones may change, new drops will be introduced in dungeons, more end game content means more variety of items, etc... will be the factors that influence the market prices in ARR.

[viion]

First of all, inflation is also part of the supply and demand. It doesn't just happen because it happens. (monies being printed everyday)

If the choker is 8m and goes to 4m instead of 800k when ARR comes, it just means the choker is worth more and more valuable to people in ARR, whether it's because the stats become more valuable because of ARR changes or choker becomes harder to obtain, etc. It will not be caused by the redenomination. (Obviously there will be suckers buying over-priced stuff during the initial ARR release time frame when people are still getting used to the new currency).

On the contrary, choker can well become 100k just because there are items with similar or better stats coming in ARR and easier to obtain.

One thing we're pretty certain about is ARR will not be the same as 1.0, meaning there won't be this equality thing. New recipes will be introduced and existing ones may change, new drops will be introduced in dungeons, more end game content means more variety of items, etc... will be the factors that influence the market prices in ARR.

Again, not saying caused by Redenomination, redenomination created a window, an opportunity for people to exploit, and I predict they will (Because they've exploited everything in the past,eg EXP AOE, PLing, Primals and Seals, etc).

It could, like you said be the reason that the stats are super delicious and that it became harder to obtain, but many items will not be this case (again my prediction), I do not think Militia choker will be harder or easier, be about the same.

You are completely right it could become 100k because of xyz reason, that would completely prove me wrong if all other items also became 1/40th (or anything higher than 1/10th) their value, it would say my prediction is incorrect, thats ...great? Thats not a bad thing, its good if I am wrong, we will not know until it happens, and you will not change my prediction until it happens and I say "You was right" or "You was wrong".

It does not matter about new items, I am soley basing on current items, new items can go ahead and decrease the price of current items, that will in effect prove my prediction wrong. I do not think there will be enough new items that reduce the global scale of all current items down to 1/10th or less, that is just what I think. I am sorry if you can't accept that I think differently.

You have VERY strong valid points, I understand them, I can see them happening as a possibility, a situation that could play out, but it is not what I think will happen, so please avoid saying I am wrong because I do not believe in what you think will happen.

I guarantee there are hundreds of things we would disagree with, no on is wrong for having their own opinion. (Infact they should and people who come in here and listen to me and panic buy are being silly because they should think for himself)

[VanillaLatte]

Again, not saying caused by Redenomination, redenomination created a window, an opportunity for people to exploit, and I predict they will (Because they've exploited everything in the past,eg EXP AOE, PLing, Primals and Seals, etc).

It could, like you said be the reason that the stats are super delicious and that it became harder to obtain, but many items will not be this case (again my prediction), I do not think Militia choker will be harder or easier, be about the same.

You are completely right it could become 100k because of xyz reason, that would completely prove me wrong if all other items also became 1/40th (or anything higher than 1/10th) their value, it would say my prediction is incorrect and high, great? Thats not a bad thing, its good if I am wrong, we will not know until it happens, and you will not change my prediction until it happens when I say "You was right" or "You was wrong".

It does not matter about new items, I am soley basing on current items, new items can go ahead and decrease the price of current items, that will in effect prove my prediction wrong. I do not think there will be enough new items that reduce the global scale of all current items down to 1/10th or less, that is just what I think. I am sorry if you can't accept that I think differently.

You have VERY strong valid points, I understand them, I can see them happening as a possibility, a situation that could play out, but it is not what I think will happen, so please avoid saying I am wrong because I do not believe in what you think will happen.

I guarantee there are hundreds of things we would disagree with, no on is wrong for having their own opinion. (Infact they should and people who come in here and listen to me and panic buy are being silly because they should think for himself)

Since no one knows what will be changed for sure, this is a gamble. While many will be exploiting the new pricing because they bet on the right stuff, many will lose as well because they bet on the wrong things.

This is an opportunity for people who would like to gamble the new economy, I agree. But there is no guarantee. These people can lose a big chunk of their savings as well.

For myself, I will try not to get into this gambling situation so I may not win big, I will not lose big, either. I'll just play the game for what it is (or will be, in ARR).