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blankseplocked [Issue] GTC's Becoming Eve's Oil
 
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iudex
Posted - 2008.10.01 16:13:00 - [31]
 

Originally by: Joker Deville
Regulations concerning pricing of gtc's should become ccp's and the council's main concern, simply put: who cares if the game is bugged if 50%+ of the player base stops playing because they cant afford it.



I've heard this and similar statements quite a lot last weeks, but it is not true.
CCP won't lose accounts if the GTC prices go up.
People don't understand that, they cancel their account because of a high GTC price and think there is one subscribed account less because of this, but that's not the case, the GTC which they would have bought is bought by someone else. Only the GTC generates money for CCP, and the number of GTCs don't become less if you don't get one.

The GTC market is currently a "Seller's Market", every GTC that is offered will quickly find a buyer. There are more buyers than sellers, not every buyer will get a GTC, so some will offer to pay more (in order to get the GTC instead of another buyer), that's why the price is rising.
If CCP would put up a fixed price, this wouldn't help you, there would still be more buyers than sellers and some buyer would still get no GTC (probably the sales would be done to people the sellers know as favour, or people would offer additional isk (inofficially) to get one of the few rare GTC, this would create lot's of mess, no benefits).

Jin Labarre
Posted - 2008.10.01 23:37:00 - [32]
 

It is a nice option to buy game time codes with ingame currency.
It is not a guaranteed right to to get them cheap.

If you want cheaper GTCs on the market, you have to buy GTCs and sell them cheap.
But why would you do that? You wouldn't. And if: Let me know. So why would anyone else? People demand the price that is paid. Part of any capitalism.

Draygo Korvan
Merch Industrial
GoonSwarm
Posted - 2008.10.02 04:51:00 - [33]
 

To put it in an example

There are 100 gtc's on the market and 120 buyers.

If the GTC's fixed price is 450m, sellers seeing the demand will smartly post trading threads asking for more.

How do you think they will get more isk for their gtc, getting around the GTC maximum? Well thats easy, they have you transfer the difference to them in game before they give you the trade offer through the secure system.

Problem with this? Well this opens quite a few holes for scammers to scam gtc sales, something the secure system was created to prevent. A GTC cap is stupid for obvious reasons.

Lord Vyper
Caldari
Beyond Evil and Good
Posted - 2008.10.02 08:55:00 - [34]
 

Get a Job IRL? This is the typical solution for most adults. u can earn the measily 15$ with 1 or 2 hours of Labor in real life with any basic paying job. This is not something CCP should be wasting their time focused on.

CCP doesn't make any money from you spending isk in game to buy the card. They sell the cards at a fixed price. Its just an option out there for people making huge amounts of isk per day that can easily support this transaction. If your not up to par with what you make in game. Real Life money god forbid can solve this rather easily.

CCP is trying to get the game to the point where its 90% player controlled economy if they intervene with this, it's going against their end ideas of being hands off. The market price will go back down if the majority consider the price above its true value. Economics class would explain this better than Iugh.

Duck Andcover
Kind of Purple
Posted - 2008.10.02 22:45:00 - [35]
 

Bringing back 30 / 90 day cards, fine, but absolutely NO to CCP regulation of the ingame 'value' of GTCs.

Damien Cerverus
Deep Core Mining Inc.
Posted - 2008.10.03 11:55:00 - [36]
 

supply has gone down... demand has remained the same

the price went up.. i wonder why?

prolly because it costs 33% more for 33% less game time on GTC's. imo the whole system is defunct and will collapse, and CCP will see their mistake then

Herschel Yamamoto
Agent-Orange
Nabaal Syndicate
Posted - 2008.10.03 14:49:00 - [37]
 

Originally by: Damien Cerverus
supply has gone down... demand has remained the same

the price went up.. i wonder why?

prolly because it costs 33% more for 33% less game time on GTC's. imo the whole system is defunct and will collapse, and CCP will see their mistake then


Yes, because there will never in the future be time-rich, cash-poor students looking to play their favourite game for freeRolling Eyes

Scagga Laebetrovo
Failure Assured
Posted - 2008.10.03 15:42:00 - [38]
 

*sigh*

Thumbs down.

Akita T
Caldari Navy Volunteer Task Force
Posted - 2008.10.04 08:30:00 - [39]
 

Originally by: Joker Deville
Gtc's have gone up by 25% in the last month from 400mill for a 60 day gtc, which was already overpriced, to 500mill.

Who says it's overpriced ? WHAT CONSTITUTES "OVERPRICED" ?
In 2 months, a decent inventor char can get close to 2 bil ISK, a half-decent manufacturer can get over 1 bil ISK, a 2 hours a workday and 10 hours per weekend L4 mission-runner can get over 3 bil ISK, or a Veldspar mining putting in the same amount of work can get over 1 bil ISK.
I'd call that UNDERpriced.

Quote:
As many others, I will slowly start seeing myself playing JUST to pay for gtc's and not to actually to enjoy the game, and with 4 accounts this is turning more into a job than a hobby.

Quit some accounts, or quit playing altogether. Or just get a job and pay cash. Problem solved.

Garott
Posted - 2008.10.04 14:16:00 - [40]
 

Clearly they aren't expensive enough if people are still paying the price for this outdated, bugged, and generally not very good game.

You have to remember that the price of GTCs is directly based on the willingness of the playerbase to convert dollars/euros/sheep into ISK. With the world economy slowing, people are less willing to waste money on such silly things.

Certainly CCP could help out the playerbase with prices by actually banning farmer accounts instead of leaving them active so they can track the ISK then remove it from idiot RMT'er accounts. That would result in less income for them though, so don't expect that.

Joss Sparq
Caldari
Deep Core Mining Inc.
Posted - 2008.10.04 15:10:00 - [41]
 

Originally by: Joker Deville
In part, is sellers themselves creating fake buy orders for hilarious prices just to raise the bar, and because players NEED gtc's nomatter what and with 70%+ of them having no idea about economy's theory of supply/demand, sellers are getting away with it.

This isn't the first time I've seen this claim regarding fake orders and it isn't the first time I've seen no evidence presented to back it up. What exactly does a fake order look like?

Originally by: Joker Deville
As many others, I will slowly start seeing myself playing JUST to pay for gtc's and not to actually to enjoy the game, and with 4 accounts this is turning more into a job than a hobby.

I doubt anyone is forcing you to run 4 accounts. Perhaps you should consider consolidating your "core" characters onto one or two accounts during this lean period you're facing.

Originally by: Jinx Barker
What is this communism?

Exactly! Say "no" to the dirty pinko scum! YARRRR!!

Seriously though, I'm not opposed to the return of 30 & 90 day cards (or some variation of these) but I'm more inclined to think this is just a case of supply and demand being felt more and more by the "whiny" element in the community.

I tend to feel a little smug about the whole thing now because the moment I heard about the changes I loaded my account up until next year while 90 day codes were still available and priced in the 300M to 350M range. In fact, when I got a little spare currency today, I turned that into a 60 day code and exchanged it for 485M within half an hour.

FlameGlow
Gypsy Band
Posted - 2008.10.04 16:32:00 - [42]
 

GTC are worth exactly as much isk as ppl are willing to pay for them and cannot be "overpriced"

Kadoes Khan
Posted - 2008.10.05 01:58:00 - [43]
 

Regulation simply demands more regulation which just gets you going in circles. It's a bad idea in a market.

When people stop buying GTC's then the price will drop again or when people start selling more GTC's the price will drop. If you have limited supply but increasing demand then of course the price will go up.


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