Krono prices...Follow

Hi Tat,
I had some issues with my account updating new cc date some months back and after petitioning the TSR answered and forwarded the petition to the accounts dept...After getting no feedback from the accounts dept. for about a month, I had panicked and bought a lot of kronos (15) across three accounts via Paypal at the time. About a month after, the issue was rectified and I had 8 or 9 left to sell.

This I did selling one at a time over the last few months and when I initially started to sell, the Bazaar price was around 300KPP on AB server..

A couple weeks ago I sold the last of those Kronos for 690KPP and it sold quickly, as the asking price in the Bazaar has now escalated to 740-800KPP..

I noticed that if I sell too much lower than their asking price, the krono sellers would come and buy it from me to resell at their higher price.

Also, when I was selling them within 50-70KPP of their asking price usually end game players (probably plat rich) would fly in and buy the krono within the time it took to eat dinner and return.

A link from an earlier thread on the subject : https://everquest.allakhazam.com/forum.html?forum=1&mid=138937401756412169

Only plat rich players could make use of it by paying with plat so they play for free technically. The Krono price in the marketplace is about US $ 17.99 vs $ 14.99 via cc for an All Access account.

Good luck..



Edited, Sep 5th 2014 4:48pm by hexeez

What has happened is there is no way to get plat out of the game from players, so the price on Krono has escalated over time. Now, since that Krono price has escalated over time, the value of pp has depreciated even more since it has spread out over more players, so people charge even more for whatever they sell in bazaar to match the escalating Krono price and the depreciating plat price. I'm curious what will happen when we reach the theoretical 2mill pp price that any trader item can be in bazaar, we are not to far from that now.

In EQ2, I bet there is some way to atleast get plat out of the game from players, everything that takes plat out of the game in EQ is just laughable atm. The biggest problem at the moment is getting plat out of the game from bazaar imo. In EQ2 there is some fee charged for each transaction that removes plat from the game. In EQ1, there is nothing like that unless you have it delivered via parcel (10% delivery tax which is laughable also). As I stated in an earlier thread on these forums what EQ1 needs is a true auction house system, where there is money taken out of the game for each transaction between buyers and sellers, a tax if you will. I think you get charged in EQ2 for having a broker setup, or a trader setup don't you? Buyers should be charged %tax , sellers should be charged %tax.

The other problem is that practically everything in game drops so much vendor/tradeskill stuff that is worth quite abit of plat. You can make plat very easily at high levels currently, just by making sure you loot corpses. So plat is being continously introduced in the game, but not many ways to remove it.


Hope that explains it for you.

Edited, Sep 5th 2014 11:17pm by Nikoral

SoE can remove plat easily from the game at any time by being the one putting up a trader selling Krono and then just destroying the plat.


Substitute Krono for any consumable/non tradable item.

The pricing of Luclin and LoY era mounts was a high-end plat drain as well (for a time).

I would suggest a problem with them aggressively trimming down plat in the past was that it created a market for plat sellers. Now we have an ancient game with players that have accumulated millions of plat on their own, and the legacy of people that quit passing on their stuff (happens often).

in game economy is a complicated web and pulling one string definately has consequences (recall the tradeskilled armor boom a few years back when that was the best option for many players).

simple economics 101. Supply and demand....the buyers control the market...if something sell fast at a certain price then the seller raises it until it does not sell...competition sets in so if they don't go below a certain price and someone buys then the bottom is established. Only way for the market to go down is either sellers ignorance or supply is to high and nothing is selling. As prices go I remember 1999 or 2000 a fungi sold for 30k...when a mob just dropped a few gold this took a while to save up...now with higher level easy to farm and lot more plat they are selling, at least on Zek, for 19k.....101 supply and demand.