EXALTED ORB Price Shenanigans [Delirium] 127:1 What is even going on?

I think many ppl swiched to standard and left breach league as uninteresting. I see many characters in Sarn on standard for example. As players stop playing in league the economy shrinks and manipulation is easy.
Just an hypothesis.
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Iboga wrote:
You have not lost 20ex. You just lost the chance to get a higher profit. Markets fluctuate, in POE and in RL. U have the exact thing u had before.


The exact thing that lost 25% of its value. How is that not a loss?
from my experience in real life, POE economy in not a real economy, it has some core attributes but thats it. There is a lack of mechanisms/safeguards that exist in real economy that can stabilize fluctuations in product prices, value of currency, value of wealth and so on

GGG has the power to create these mechanisms and in my opinion they have to since macroeconomic factors like gamer population, vast amount of items, variety of currency and more can impact each other in many of unpredictable ways.

This is just the beginning folks..things will get worse since there are NO controls over anything really and GGG is in reactive mode right now. The economy will move towards unforeseen directions and nobody will be able to stop it

lets wait and see.

P.S. as an fyi Eve online has a dedicated team for managing/expanding the economy lead by a Chief Economist Officer. Maybe it is time for GGG to hire somebody too!
Price is going back up fast. From 50 to 56 in just a few hours.
Maybe he really is banning them as I have heard claimed?

Alan Please Add Ban
Censored.
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kolyaboo wrote:
Maybe he really is banning them as I have heard claimed?

Alan Please Add Ban


You can blacklist people on poe.trade with a script and tempermonkey Chrome addon. This way fuckers wont even show up in Live Search.
Until next hour when they get another account.

Honestly, someone not long ago in another unrelated thread suggested accounts get verified by GGG with phone numbers. I think it an excellent idea. It would make people think twice about not just scamming but breaking TOS, etc.
Censored.
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SilentStorm625 wrote:
from my experience in real life, POE economy in not a real economy, it has some core attributes but thats it. There is a lack of mechanisms/safeguards that exist in real economy that can stabilize fluctuations in product prices, value of currency, value of wealth and so on

GGG has the power to create these mechanisms and in my opinion they have to since macroeconomic factors like gamer population, vast amount of items, variety of currency and more can impact each other in many of unpredictable ways.

This is just the beginning folks..things will get worse since there are NO controls over anything really and GGG is in reactive mode right now. The economy will move towards unforeseen directions and nobody will be able to stop it

lets wait and see.

P.S. as an fyi Eve online has a dedicated team for managing/expanding the economy lead by a Chief Economist Officer. Maybe it is time for GGG to hire somebody too!


GGG could easily dictate the orb economy by added vendor sales/recipes for all currency. The trading market could still easily fluctuate, but there would be a baseline minimum coded into the game.
Last edited by nEgativezEro89#1596 on Jan 10, 2017, 2:57:48 PM
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nEgativezEro89 wrote:


GGG could easily dictate the orb economy by added vendor sales/recipes for all currency. The trading market could still easily fluctuate, but there would be a baseline minimum coded into the game.


This. It's pretty easy to control the economy and it's already being done. If GGG decided that Zana would sell chisels for 5 chaos instead of 12, then that particular market would crash. Similarly if GGG buffed exalt drop rates by 100%, then that market would suffer as well. The drop rates and vendor rates based on activity of the player base dictates the economy.
Deliver pain exquisite
understood. setting up low and max values for some interactions is to be expected. But there are limits; not mechanisms if you know what i mean.

the use of key performance indicators could guide the company stakeholders into setting up the right measures.

if i ask the company "can you explain the ratio dif", how much analysis is/resources are required to investigate? Because diminishing the wealth of gamers overnight is indeed a macroeconomics problem that we cant solve alone

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