ARR Gil Cap Reduction

[Searious]

And there you have it. Can we close this thread now?

I'm glad you guys can see the future and know exactly what everyone will do and exactly where prices will fall. I feel a lot better now. >_>.

[Matsume]

I've not followed this thread.. but in the german forum it was said, that everyones gil (the gil of the whole economy in a total) is being reduced about 1/10 (90%) of the original gil.

the new gil cap is just a result of this because 99.999.999 milion gil are 10% of 999.999.999 so you wont lose your gil because everyone's gil is being reduced. you will stay as rich as you are now in the same value compared to all other players. the only difference is, that we have much lower inflation and gil is much more worth as now.

and that the difference between old and new players isnt that big anymore. i really thing that this change is aussum. we do not need 999.999.999 gil for a player..


an other good thing.. gil seller wont like this bot characters/gil farmer chars carry hundreds of million gil with them and so they just can have "only" 99 million per character. it will hopefully mean less inflation then. (gil will be much more worth then)

Two errors in this post:

the first is the idea that the difference between new and old players wont be severe. This isn't true because all methods by which a new player will obtain gil will also produce one tenth of the gil it currently does. So the difference will be no different than it is now.

the second is this idea that bots and gil farmers will be hit hardest. Actually, they will be hit the least. They most likely already have capped gil amounts. And as was pointed out by Noctis, the gil cap isn't being reduced to 99mil (uconfirmed imho) but just their current gil. Which means with less gil in circulation gil sellers will have a bigger potential market to sell to if players dont adjust their prices to 10% (which they wont). And since they are bots afterall it wont take them long to bot their way back to gil cap. Sure it will take 10x longer than before but they are still doing it at a rate 2-6x as fast as any other player who plays 4-12 hours a day since bots run 24/7.

[NoctisUmbra]

Lol guys are you really out of things to argue over? The discussion in this thread has trivialised to a guess game at what percent MW prices will drop to. 10% 20% 30%... greater fluctuations have happened in the market for simple supply/demand reasons, and will definitely happen after we switch to 2.0 and so much changes.

The point is the effect of redenominaton on the market will be drowned out by so many more significant factors. All anyone can say for sure is prices will drop globally and eventually find new values based on supply and demand. This may be more or less than 10% of what any given item is worth now, but it will depend on the item itself more than the redenomination.

[NoctisUmbra]

All Gil is being reduced to 10%, including the gil cap. So basically... nothing is changing. If you're actually capped, you'll still be capped.

[Felis]

people won't sell at the same price they are now, but it's completely naive to think the price of most items will drop to 1/10 of what they sell now. At best they'll sell for 1/5 but more realistically speaking 1/3 of what they sell now. It's even more naive to think that the same people encouraging this measure won't be the one overpricing, and/or buying overpriced items. Thinking that all the leathers and hides and junk items will go from 4000gil to 400gil is kidding yourself.

Prices go down and up every time. An item that is for 100k in the MW can drop down to 10k in 2 week and can be back up to 100k in 4 weeks after that.
It is worth for what the buyer think it is worth.

[Matsume]

I'm glad you guys can see the future and know exactly what everyone will do and exactly where prices will fall. I feel a lot better now. >_>.

I practice the ancient chinese art of divination by applying a hot iron to turtle plastron and interpreting the sounds produced by the cracking of it's shell. When this method turns out inconclusive I supplement my imperical data by Augury, the interpretation of bird's flight patterns.

[Matsume]

Matsume... they're not reducing the gil cap. They're reducing all gil values in game to 10% of what they are now. The scenario you spent on so long to write up has no relevance to this as it can be done with or without a new denomination.

Yay for people still not getting it.

/facepalm

All Gil is being reduced to 10%, including the gil cap. So basically... nothing is changing. If you're actually capped, you'll still be capped.

You gunna make up your mind Noctis? I'm starting to question the validity of anything you say...

[Starlord]

I practice the ancient chinese art of divination by applying a hot iron to turtle plastron and interpreting the sounds produced by the cracking of it's shell. When this method turns out inconclusive I supplement my imperical data by Augury, the interpretation of bird's flight patterns.

Okay Professor Einstein!

[Matsume]

Okay Professor Einstein!

That's MISTER Professor Einstein to you!

[Starlord]

That's MISTER Professor Einstein to you!

If I call you MISTER then you must call me Maester Starlord Or NO DEAL! XD.