1M Gil hits 30 Dollars, Prices at AH SoarFollow

While playing during the weekend, I noticed the price history on some of the pieces of armor I needed. I wanted to get a set of boots (can't remember the name) that a month ago went for 40-45K now selling for 100K! And it seems to be like that for a majority of the stuff.

I don't know how I'm going to keep up with the economics of this game. It's hard enough to find a reasonable amount of time during the week to farm or craft, but it almost seems like I have to double, even triple that amount just to pay for my next set of armor.

/sigh

Oh well, there's nothing I can do about it.

I have seen the same thing, but although gil-sellers/buyers are a part of the problem lets not forget those that are just greedy.. Alot of those items that have jumped up in price are just more do to supply and demand.. Many items yes are camped buy gil-sellers. But if you look at the pattern of a gil-farmer/seller they always camp the same thing over and over, many not looking into other areas of obtaining gil to sell because it would take too much time to sell the items and there isn't a fast enough turn over for them..

The main problem is just your everyday joe player. either who farmed his butt off for the 3.5mil he has or bought it with rl money.

See he has all this gill and feels he doesn't want to pay the AH price because someone might out bid him, so he drops 100k on a 45k item.. next thing you know susie player goes to put that same item up for sale and sees it sold for 100k so she instead of selling it for the 45k it was going for she sells it for the 100k it sold for. and johnny player buys it again for 100k just cause he needs it..
I have seen too many people reselling things on the AH just to drive up the prices, and the worst part is that these aren't items that are rare drops these are eveyday things, the only peoblem is that there are none in stock in the AH system..

This economy is ultimatly getting screwed up by us, who cares if someone buys the gil it's how he spends it, just like the player that farmed his butt off for it.

What SE needs to do it put a price tag on items.. or make NCP's carry more items like the guilds. Maybe every game day NCP A has this many Body type B armors to sell, this way suplly will go up and the demand will go down.

Well, I was curious because prices just dropped on the GS sites and noticed prices go up almost right at the same time.

I wonder how many people do buy gil...

/think

well, Like I said I was curious. As haub hits 4M on our server, last month it was 2.5M, which was roughly 100 - 120 dollars, and now as 1M hits 30 bucks Haub is still gonna cost someone 100 - 120 dollars.

I am not saying we can change it, but I do worry it might hurt the game.

johnma: I seriously doubt the possibility that no-one at SE ever heard of IGE and the likes...

Edited, Tue Mar 15 18:07:01 2005 by Niji

True to the point it's that SE doesn't want to do anything about it IMHO. Think about it, when you come right down to it it's about money IGE pays a crap load to have whatever number of accounts on all the FFXI servers, not to mention mules and so forth.. that kinda money is going into there pockets, so if you were SE would it really matter to you??

Now if they were smart SE would allow you to purchase gil from the POL site at lower the gil-seller costs, which would in turn kill them becuase:
1) SE would not have to pay employees to farm for the gil to sell
2) SE could always recycle all the gil that gets pumped into the AH and NCP's therefore there is no real work on thier part. Why they don't do something like this I have no clue but it would be better, this way there is no illegal, or ethical problems as to breaking the TOS since they are allowing their customers to purchase something from the orginal owners of the game.

Aother reason they can't do anything is how do you tell how bougth the gil from IGE from someone who gives a friend gil cause they need something?

for example: I buy gil form IGE (Not that I did^^)
*IGE Player goes and send 1 million gil to my MH. transaction complete.

*My friend Player XXX sends me 1 million gil to my MH. Hey it's a friend of mine and he has the gil to spare.

How do you know which is which??
I have seen so many names posted as gil-sellers, that I assume that the redapples, etc are not the one sending you the gil so it must be a mule char.

So how can you tell which one was bought and which was a gift? ask the person just has to say hey it was a friend of mine.

Edited, Tue Mar 15 18:57:29 2005 by RdmKelton

What will eventually happen is people will begin to leave the game. You will lose your legitimate players and end up with servers full of those who either:

a) Are apathetic enough about the game economy to buy gil.
or
b) Have an insane amount of extra cash lying around to buy it and not dent their bank account.

I honestly don't think that MMORPGs will maintain with the sudden influx of gil sellers/gil buyers. After a certain amount of time, cheating gets old...take it from someone who /godmode's her way through most FPS games. =D

Recently...I've been leveling a second char in Qufim, and 2/3 people have undersubbed support jobs, or even horribly mismatched ones (20mnk/6rdm anyone?). It's getting disheartening now. =[

I'd like to say, its not just the high end items that are going up in price, everything at the auction house has gone up in price, and its all beacuse of natural inflation.

if the item you want to get is going up in price, look at what it takes to make it. for instance, fire crystals. 2.2k when I started in september of last year, near 5k now.

it becomes a cycle that will not end untill everything is reset. in other words... when everyone on the server drops all their items, gil, etc. and the auction house historys are cleared, then the economy will be what it started out as, a blank sheet... but only if everyone in the server is resonable about it.

greed, gil sellers/buyers, and other factors are all at work here. but take out any one of those factors and inflation will still happen. money always loses value over time.