Everything feels worthless now..

"

Vendetta#0327 wrote:

If that BMW M4 was worth the money for you in terms of what it returned to you then then that "suddenly ... is not 30k" does not affect you. Only flippers that buy a car thinking it will appreciate in time or think that you sell a product after you benefited from it on the same or higher amount will cry.

So yea, you are trying to flip and crying about it.

Like someone said above, you bought whatever at the price it was there, the market as in real life is volatile, today a bitcoin is 100k $ tomorrow it's 70k $....

So yea, you are crying cuz your flipping went wrong, you were buying stuff trying to capitalize on the market inflation. GGG corrected the problem were the inflation came from, and you lost. Sucks to suck, you should have sold before the patch, and probably since you are doing this you knew things won't be left like this in first month of a league.

GGG's hotfix deflated the inflation by nerfing something and giving other things a chance. That's not a horrible hotfix that's adjustment. Imagine if tomorrow you could only get money from IT, while the rest of the workers are left spending double the working time for double the nothing they receive. Wouldn't you mediate this problem ? Of course you wouldn't, you would invest in the IT market and after that cry on whatever finance forum that you lost your investment.

P.S be so kind and never invest real money in crypto, you don't really seem to know how economy works, and you seem to cry when you loose, technically based on your own mistakes.

My god you legit don't understand the issue i have with this at all.
I know it's extremely hard to read, but at least try mate.
Once again, for the final time, i did not flip, wasn't planning on it either.

GGG didn't fix ANYTHING with this patch, go watch a couple streams and you'll see people are just printing away as usual getting 50+ divines per run regardless of this "nerf".

Meanwhile we the normal players got royally susan'd cuz we actually put real effort the normal way to earn our currency.
They crashed the economy so hard with this patch, it literally made all my purchases feel worthless cuz i and others surely too.. overpaid by a massive margin.
It killed our purchasing power, this isn't about investments.

And I sure as hell don't need your suggestions on what to invest in irl or not.
I am a succesful businessman with several stores in the netherlands and belgium ;)

Seriously every single one of you that thinks GGG fixed this issue is not thinking straight at all, they fixed nothing.
Proof me wrong if you truly believe they did.

All the mid-high level currencies have skyrocketed in price since Hotfix 13.
All the valuable omens, gems etc have dropped significantly in price.
The first one benefits everyone with a legacy temple.

real example, perfect exalted orb was 12ex each pre Hotfix #13.
Now its 100 exalts each.
feel free to check the graphs in poe ninja or other tools.
I saw in real time how every single person bought out all the stock in the exchange market the moment this patch hit.

https://poe.ninja/poe2/economy/vaal/currency

So the average player got screwed over in the end, not the temple users.
And the people that invested in finally crafting their gear with hard earned currency pre-patch spend on average 3x more.
Now they lost currency in the progress, market inflated, their purchasing power is effectively halved.

But the guys still running their temples are now richer than ever :)
And with no temple reset they will keep getting richer and inflating the market even more.

"

Vendetta#0327 wrote:

What about the people who wasted hours to build the temples, didn't they lost anything ?

I didn't care about the current league mechanics so I'm not informed about the temples.
What I saw was streamers getting more divines than I was getting exalts from maps. The developers forced me away of possessing divine orbs.

"

Vendetta#0327 wrote:

It's called correction, and it happens when something is out of normal.

Market volatility is normal thing in FREE economies. When there is no such thing as a godly thing interfering the market so it crashes to 1/3-1/2. And in the rare cases such action happen, that "godly thing" is out of luck on the next elections.
This is NOT normal.

"

Vendetta#0327 wrote:

Fracturing orbs dropping to 2x was normal, due to more people switching from temple to mapping and getting more fracturing orbs.

Due to possible worries about halting emission of divine orbs in the temples.

"

Vendetta#0327 wrote:

And yes it's normal, it's called economy regulation.

As I wrote it is not normal. Firstly developers devalued divine orbs by over-emission in temples. Forcing people use other currencies. Then they crashed these other currencies by another patch.
Is this correction normal or not? Imagine they would not patch it. Why? Because successful Affliction league in poe1. Because retention was not awful anymore https://poe2db.tw/League#ConcurrentPlayers
They could patch it or not - it's totally unpredictable. Previous leagues inflation was predictable. This one is not.

In this situation you have to spend all your currency due to risk of sharp crash.
Having to spend currency immediately is not normal for trade league.

Why don't you try playing SSF for a while? You know, like a detox?