ARR Gil Cap Reduction

[NoctisUmbra]

Don't assume I think they will stay exactly the same... what im trying to say is the player asking prices will not all be 1/10 and its foolish to think ppl will just automatically follow that rule of thumb. The rich will still get what they want for it and the lower ppl will still be complaining. This isnt changing anything but the total amount in circulation. Its pointless unless all they wanted was a lower number and to give ppl the feeling they are deleting their work.

They won't automatically follow some rule of thumb. It will happen gradually and inevitably. Nobody is gonna buy shit at the old prices that would be considered 10x overpriced. Even if some rich people don't care to drop it, others who want their shit to sell will. Thus, prices drop.

It's a pointless debate at this point. When 2.0 comes around and things all work out, you'll all get it then.

[darkstarpoet1]

Don't assume I think they will stay exactly the same... what im trying to say is the player asking prices will not all be 1/10 and its foolish to think ppl will just automatically follow that rule of thumb. The rich will still get what they want for it and the lower ppl will still be complaining. This isnt changing anything but the total amount in circulation. Its pointless unless all they wanted was a lower number and to give ppl the feeling they are deleting their work.

i wasn't lumping you in with that group. i was just expanding on your post. it is true that some items may drop to 10% of what it is now, but for the people thinking everything will drop to that rate is just fooling themselves. with lower overall gil in the game the more important items like shards/foods will see an increase in the percentage of return people expect to make off of them.

the prices on those type of items may drop, but they will not drop to that 10% of it's original price. that, in turn, leads to a higher profit on the investment even though the overall profits will be decreased.

[Shougun]

i wasn't lumping you in with that group. i was just expanding on your post. it is true that some items may drop to 10% of what it is now, but for the people thinking everything will drop to that rate is just fooling themselves. with lower overall gil in the game the more important items like shards/foods will see an increase in the percentage of return people expect to make off of them.

the prices on those type of items may drop, but they will not drop to that 10% of it's original price. that, in turn, leads to a higher profit on the investment even though the overall profits will be decreased.

That is only true assuming people are slow to adapt and that the rates of drops are worse then they were in 1.0.

Otherwise no, foods will go down in price too. The value of gil has been concentrated, only people who dont understand what the process SE has done will maintain the same price (or trying to trick fools into buying at the original price).

They are not magically going to sell for a larger % otherwise.

[darkstarpoet1]

Wealth is relative and different for each person so yes in a way they are removing wealth. And this isnt redenomination, there is no face value, there isnt different types of gil. 1 gil = 1 gil before and after 2.0 they are just removing it. You are just assuming ppl will follow suit and lower prices with you but as pointed out the rich will still be rich and dont care if you cant afford their asking price. And im not talking about stupid shit like raptor haunch. things worth while.. like melded gear, im still going to charge whats worth my time and not because they lowered gil costs from vendors.

And if its all the same and makes no difference then why so happy about it being done?

the only ones happy about it are the really poor people that spend everything they make as soon as they can. they look at someone with a few hundred million and think that it isn't fair because their 50 million doesn't compare to the 500 million someone else has.

they see 500,000,000 compared to their 50,000,000 and it looks bad, but 50,000,000 to their 5,000,000 seems like it's closer than what it really is.

the truth is if the prices don't drop to 10% of what it is now the rich will just continue to jump farther ahead because they are the ones selling the stuff already.

[Babydoll]

When will SE learn if they are just as blunt and straight forward as possible..and actually have the reps use their brains before they post something (or whoever decides what the reps can post) that none of this debate/discussion/speculation crap would ensue.

Probably never.

[Len]

Ah, this news couldn't make me happier.

I foresee the dissolution of many "100mil or more" linkshell groups.

[NoctisUmbra]

It's pointless to argue about whether or not things will go down in price to exactly 10% as before. So much is changing with 2.0, most importantly gathering and crafting. With fundamental changes hitting those 2 aspects of the game, how can one honestly make accurate predictions on prices? All we can say for sure is that, prices will go down. The extent to which they do can't be known as of yet.

[Camate]

Happy Monday everyone!

I have quite a lengthy follow-up from Yoshi-P in regards to question about gil that he answered during last week's Producer Letter LIVE.

Hello! Producer/Director Yoshida here.

I would like to clarify the announcement I made the other day during the Letter from the Producer LIVE in regards to devaluation by reducing digits of gil by one. However, as I mentioned, we will be making an announcement on Topics about this, so please wait just a bit more for the final details.

1. The prices of NPC goods and how much they pay for your items in A Realm Reborn will be 1/10th of the price currently.
2. The amount of gil received as rewards for content and monster drops in A Realm Reborn will be 1/10th of what they are currently.
3. All items current being sold with a single-digit value of gil will either have their sale values modified or be removed from the game. (Items removed from the game will be automatically converted to their value in gil, which will be calculated as 1/10th of their current value)
4. Due to the large scale changes in battle specs, the value of items in A Realm Reborn and the current version will be different.
5. The amount of gil players currently possess will become 1/10th of what they possess when A Realm Reborn launches.

In other words, all the hard work you've put into saving up gil won't be lost. Even though the gil you possess will become 1/10th what it currently is, we're adjusting NPC sale/buy prices to also become 1/10th what they are now, so relatively nothing will change. However, we do apologize that this may be a shock emotionally.

Players may feel like "my money is being reduced!" However, we're doing this so that when we launch A Realm Reborn and support it for many years to come, it will be easier to play with a more realistic sense of value than just having huge economical digits just because.

The whole reason for this change is to rectify the increase in cost of items relative to the price of arrows, since archers in A Realm Reborn will no longer need arrows. I'd like to make it clear that we have no other agenda in wanting to reduce the amount of gil everyone has currently.

During the live stream I tried to convey this all by saying "the entire economy will become 1/10th of what it is currently, so there is no detriment," but I apologize for my lack of explanation.

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From here on out is just icing on the cake, so if you are not so keen on somewhat overly complex details, feel free to skip over this.

The devaluation to take place with the shift to FFXIV: A Realm Reborn, as stated above, is making the amount generated, the amount gained, and the amount in circulation 1/10th what it is now. In other words, it would be best for players not to do anything at this point in time.

I'm sure there are some thoughts about selling items before they become 1/10th what they are currently, but as I wrote in #1, 3, and 4 above, the NPC item purchase prices and items that are useful in battle will change to go along with the balance changes in A Realm Reborn.

For example, let's say you're thinking "I better hurry up and sell Heaven's Eye Materia IV!" However, with the balance in A Realm Reborn, there is a possibility of changes in the amount of these being generated and they could not be as effective as they are currently. This is something that we cannot clearly answer as we're balancing this as we are creating it. While there is still the possibility for futures purchasing, please keep in mind that there is also the possibility for large losses as well.

In other words, it would be best to stay the current course.

[Nakiamiie]

Happy Monday everyone!

I have quite a lengthy follow-up from Yoshi-P in regards to question about gil that he answered during last week's Producer Letter LIVE.

Sounds good. It's not like I really cared about gils anyway.
Good things are bought with seals, crafted (by myself) or dropped.

No complaint here.

[Mireille]

Sounds good. It's not like I really cared about gils anyway.
Good things are bought with seals, crafted (by myself) or dropped.

No complaint here.

What about the large pieces of land that require large amounts of gil to buy from an NPC? Or those expensive housing upgrades? For those of us who worked hard at making gil in 1.0, for the very reason that we would be well on our way to buying some of the great things 2.0 would bring, are being shafted and given the reasoning that arrows make up 90% of the current economy so removing arrows means 90% of our gil has to go. Oh but I haven't really lost anything because I can now buy cotton underwear from an NPC for 1/10th the price.

For those who haven't worked on saving up a nest egg this isn't a big deal, but for those of us who have we are in fact losing something.