ARR Gil Cap Reduction

[Shougun]

no...we're going from 100 pennies to 1 dime.

We are getting a multiplier of 1/10 on every gil source, and all gil currently in the system.

So 1/10 of 100 is 10. If you wanted to go back to the old currency that would be 10/1 (10/1 * 1/10 = 1).

So the "number" of currency carried around is less. However the power of the currency is 10 times as powerful.

Basically nothing has happened. 1/10 the amount, 10 times the power. 1/10 * 10 = 1.

(1 means no change)

[Dubont]

We are getting a multiplier of 1/10 on every gil source, and all gil currently in the system.

So 1/10 of 100 is 10. If you wanted to go back to the old currency that would be 10/1 (10/1 * 1/10 = 1).

So the "number" of currency carried around is less. However the power of the currency is 10 times as powerful.

Basically nothing has happened. 1/10 the amount, 10 times the power. 1/10 * 10 = 1.

(1 means no change)

I understand the value crap, but there is no guarantee that people are going to conform and reduce their sell prices. THIS is the problem.

[Pyretta_Blaze]

I understand the value crap, but there is no guarantee that people are going to conform and reduce their sell prices. THIS is the problem.

They might not right away, but eventually they will figure it out when they don't sell anything because people who understand what happened price their items competitively.

[Rannie]

I understand the value crap, but there is no guarantee that people are going to conform and reduce their sell prices. THIS is the problem.

they will when people undercut the hell out of them to sell their stuff... i'll go for something that's 100k over 1mil in price any day

[Nix]

they will when people undercut the hell out of them to sell their stuff... i'll go for something that's 100k over 1mil in price any day

I am going to dub thee 'Rannie-voice-of-reason-Lfey'

Every post of yours that I've seen has either been down-right witty or pure sense. There's not enough of that around these parts.

*edit* I miss your TMG birdhouse sig too, it was catchy!

[Rannie]

I am going to dub thee 'Rannie-voice-of-reason-Lfey'

Every post of yours that I've seen has either been down-right witty or pure sense. There's not enough of that around these parts.

*edit* I miss your TMG birdhouse sig too, it was catchy!

awww thank you and I loved what bayohne had said so i put it in there later on i might put that back in there cause I love Bird House In your Soul =)

[Shougun]

I understand the value crap, but there is no guarantee that people are going to conform and reduce their sell prices. THIS is the problem.

I bet some people will buy the items priced at 1.0's old values but those values are unmaintainable. No one is going to maintain to pay 10 times the price for something - specially when in the new system everyone can put up things for sell (and will underbid each other).

If you dont trust people to underbid you havent been paying attention to the market lol

[Ferth]

I understand the value crap, but there is no guarantee that people are going to conform and reduce their sell prices. THIS is the problem.

It might not be an exact 1/10th conversion. Nothing could guarantee that. More than likely even without the redenomination of gil there is going to be a period of market instability when 2.0 goes live. But with the gil changes I'd be willing to bet all of my gil that when the markets stabilize again the new trend in prices will be far closer to 10% of current prices than they will be to 100% of current prices.

Because, and I can already tell this. You, personally, wouldn't be willing to pay old prices for 2.0 items. And guess what? No one else will be either!

[Duuude007]

I understand the value crap, but there is no guarantee that people are going to conform and reduce their sell prices. THIS is the problem.

This problem existed before 2.0 and will not change positively or negatively due to the gil change.