Manipulate the economy.Follow

Your idea has potential.

Hiptaru about a month ago was attempting to devise a way to manipulate the economy (positively this time.....*grin*)

This should be brought to his attention...with enough people that trust each other and a few hundred k gil and a couple items of choice one could theoretically put up for sale at gradually recudcing prices give the gil to a friend who buys it and so on adn so fourth down the line....people will loose money on TAXES though. So nothings new! haha

I dont think you followed what I meant Tse.

First you cant sell to yourself...people see right through it.

Second you only need 1 sword, let the others be there (or you can buyt them out, it would work best if no swds are currently available).

next you need something like 10 friends to do this.

1 person puts it up for 425k, your friend buys it, give it to another friend who will put it up for the same or lower...410k say, then another friend buys it and with the gil from the sale...and the gil from one sale can go to the purchase of the next, etc.

you need like 10 friends so people DONT see a pattern in the buying and selling (someone isnt listed twice as buying then immediately selling)

this would have to be very coordinated and do this once per hour or something...

it would take a lot of coordination and your only gonna loose gil from the taxes involoved...

Understand? It would take a massive effort but I think Hiptaru if he is genuine in his words would be worthy of such a feat.

Critize it as you please but I said "in theory" this can work.

Edited, Fri Apr 29 14:02:34 2005 by Qinnydar

Thats true...it would work best only if your one sword is up...i never check melee weapons and so i dont know if on average 1 or 5 or 10 are there at any given time

but if there were 5 swords up they eventually will go back to the sellers MH if not sold... I would presume that if people see a list of 10 swords being sold at 50k less than the other 4 then they would be inclined not to spend that 50k and just 'wait' til they can buy one at what appears to be the going price. Also others who are gonan sell will see a pattern of 50k less swds and will be inclined to put theres in at the "reduced" price.

I will only pay the going price for my scrolls...only will i bet 1k above going price. Then I just wait til another day.

That's not a bad idea either...

50 people from here to donate 100k (its not that hard!!! I'm poor too.) equals 5 mil.

you could buy stuff like tradeskill items and then the reduced cost of them would ripple through the entire economy....

OH HIPTARU WHERE ARE YOU!

It all comes down to greed, greed will always rule the game world and the real world.

I suppose it's not much, but I try to help when I can.

Since the cost of base crafting materials continue to rise, every craftable item will raise in cost. My mule sells all of my stackable items, and I always undercut by a good portion.

I know someone will buy my item, then list their craft for the going price, so it just means the profit I didn't get will go to the crafter. But at least I feel like I'm doing my part to help decrease inflation.

It's sort of like voting, when you don't think your one vote will make a difference.

Meh...

well, i have banged my head and tried and tried to figure out how to bring back the economy.. The only solution that i could come up with is spend millions and millions of gil to get my goldsmithing to a level where i can HQ expensive rings, and sell them for half price.. and that is only the stuff that has to do with goldsmithing..

One idea that was brough up from Stegan in my LS, is to set up a trading system with the crystals.. like 12 earth crystals are worth like 4 fire crystals in trade.. So we basically would get rid of the AH as far as crystals go, but to do it on as wide of a scale as we want to, i have no idea how to do it..

If you really want to make a LS to restabalize the economy, i am down to help with that, but like a few others have posted.. There is still a factor that even after we reset the prices, people are still going to continue to buy them for more when we run out of stuff to sell.. Thats just the way it works..

So, if somebody really wants to do something and at least try, i would be willing to donate some gil, and do my part to help out, its worth a shot i guess..

If it doesnt work, then oh well, at least somebody tried.

Brand spanking new player arrives in Sandy. Mr. Warrior, becasue he wants to hack and slash stuff, has the grand total of 60 gil to his name. A semi-shiney set of armor and an sword to go and kill with.

Well Mr. War, for short, know from playing other games that his sword isn't all that great, low damage. So he goes to find a better one. He checks the AH and some bazzars and the NPC's, but sadly he can't afford them with his 60gil. So he goes out to hunt some rabbits to level his skill up and in the process aquire, well lets be generous here, 1 stack of rabbit hides and some earth crystals, maybe a stack of those as well. We will assume that someone mentioned to him the benefit of signet.

Let's also assume that Mr. War also knows that he can get more gil by selling his stuff at the AH, than he can by selling them to NPC's. He promptly goes to the AH and puts up his goods for sale and goes out to kill more rabbits. I do belive that 60 gil will cover the listing fees for these 2 items. Now while Mr. War is waiting for his crystals and hides to sell, along with ~70+ more people, depending on when he listed them. He levels up to level 7.

In the mean time, his stuff has not sold yet, he needs new armor and a new weapon. He could really use some food at this point to, but with his income rate food is a luxury. Now seeing that he has had some other online gaming experience, he knows that he can go someplace and just buy thegil he needs. Well he does so and he gets the new gear he needs and continues on leveling. Now that was soo easy for him to do, he spent a little bit of money to get what at his level is a huge amount of money in game. He is set for a while. So he goes out leveling his jobs, doesn't pay much attention to any other ways of making gil in game, why should he. He can just spend a few hours of his RL job pay to get rich quick.

Now the above I know about, I recently needed rabbit hides to work leather crafting. So I took a level 1 job and killed nothing but rabbits to level off. The drop rate on the hides was pathetic, this is in comparison to when I first started the game on my main.

Well SE doesn't like what he is doing, well not him specifically, but all those that do it. So they have a plan to put an end to it. They will make the drop rates worse on all the MOB's, so the gilsellers will get frustrated when they don't get the drops and move on. 100% WRONG... The gilsellers now work even harder to control mob's that spawn high level drops. They work harder, via botting, and other hacks that give them the advantage in claiming certain mobs' They camp normal mobs that have decent drop's and jack the prices up. This leads to Mr. War and others continuing to buy gil online to keep their gear current.

This jacks the prices up on items that are used in synthing. It takes much longer to farm lowend mobs for drops to make any type of decent earnings. The only way to get the economy back to normal, if it can be done at this point. Is for SE to realize what the problem is, and honestly I don't think they do.

Last night I had a converstaion with a GM about a minor problem, which led me to "ranting" to him regarding this. Basically his repsonse was "The players set the priceing". Yes I know this, but trying to explain to him what I have posted here I get the response. "This is not the forum for this, please submit it to comments and suggestions via POL".

So I did submit it to them, for the second time. If people want to see things change for the better in the economy I think that we all need to send SE messages like the above, pointing out that the economy and game is getting worse and worse because of the gilsellers.

If anything, it might just make you feel a bit less frustrated and less liekly to toss in the towel and quit. I was really pissed off at what had happend last night and the responses that I and 2 other's in my party got from the GM's.

/end rant

If you really want to reset the economy or something like that, well that's just socialism. For something like that you'd really need redistribution of the wealth, which is unattainable in ffxi. Price controls don't accomplish this.

Further, price controls have absolutly nothing to do with inflation. There's more gil in the system than there was a year ago. To bring inflation down SE would have to make anything you pay to an npc a lot more, taking gil out of circulation. Idk, but i'm not looking forward to 10k chocobos.

Note: I'm all for socialism, just calling it by what it is.

This is funny it always comes down to people crying "supply and demand" rofl if this was true we'd see a 5-10% increase(like irl) in prices over time not a 50-200%+ instantly. The reason everything has started jumping in prices is Greed and Laziness, when you narrow the market(buy all the stuff) and then jack of the prices eventually the lazy will buy. I mean when i started the idea of Iron Ore selling for 800-1k was so unheard of that people laughed at the idea, and now it is a norm for the most part in bastok. As some one said in another post/topic a while back, its that there is too much old money(high lvl players) floating around and not much new money around.
We got new gear in the last patch and the lvl 20 trader's equip is selling for 100k+ i mean wtf is that?
FFXI economy has gone to hell and its going deeper, until SE whipes the AHs and probably everyone one's gil amounts the prices will go higher and higher, which means New players that want something will say "oooo those leeping boots are cool, wtf 900k-1mil, i have 2k from 3 hours how the fork am i gonna get 1mil >.<, this game sucks, i'm leaving." So what happens eventually the game will die, no new players wanting to join a messed up economy and the old are get bored and leaving, so much for what was considered a great game to hit MMORPG world.

Edited, Sat Apr 30 03:04:16 2005 by shadowbuni

Theo is 100% right. what we need to do is simply organize a complex ring of the best moneymaking schemes in the game, one that will rival the income capacity of the gilselling corporations, and then once the wealth has been accumulated to a certain critical mass, dumped from the economy through NPC. i'm talking DUMPED, like Brewster's Millions.

i too, am a socialist (*coughanarchistcough*), but i don't see distributing gil to everyone being the answer at all. there are a lot of reasons, most of which aren't obvious - but that stuff is waaay off topic and i really don't want to distract the thread.

in order to accomplish this, we will need to form a group consisting of several strong LS Trusts. each LS will devise and submit a strategy for aquiring large amounts of gil, and holding that gil on character, drawing it from the auction house, while boycotting auction house sales.

the main goal is to reduce the amount of New Gil coming in as much as possible. at the best, new gil into the economy will be reduced to what can come in from NPC. prices will have to stabilize around this.

once we have agreed on what LS are participating, and how to make our strategies cooperate most effectively, we will begin deciding when and how to dump the gil.

TRUSTING EACH OTHER IS KEY.

this can only be accomplished by organization and trust. we must guard against abuse/crime at all cost. i post this much publicly at this time only because i am so passionate about solving the issues at hand, and want it to be known that there are people at work. after this post there will not be any more publications on this topic, outside of my linkshell and private communications to leaders of trusted LS. i recommend the same for all interested parties.

thank you. take care.

Theo, and this would be where my idea for the battle arena would come in, since I said there should be better on the fights there. Then again, you could get people to throw the fights and win you gil, so...that might not be so good after all. Hmmm...

well, I still think there should be a Colossem zone in this damn game, where we could PvP all day long, one on one, for gil or items or what not.

As for how to fix the economy? No idea. I'm a historian, not an economist, Jim.

I nominate a motion to create a group known as Hiptaru's Eleven. We will dedicate our time to stealing from every Casino we can find!!!

MUAHAHAHAHAHAHAHHAHAH*cough*cough*

**Runs off into the distance singing crazy beer drinking songs**

[Edit] I just read my post and let me clarify something. I didn't mean it to sound like Hiptaru's Casino scams people. He runs an honest Casino. I just meant that since Hiptaru is widely known for his Casino that we call it Hiptaru's Eleven, then we go around stealing from everyone else's Casino's just because. Also I was really tired when I wrote this and I don't find it as funny anymore hehe.......[/edit]

Edited, Sun May 1 10:54:32 2005 by Gamion