I just had a conversation about this with some msquad fags. (o(
My hypothesis is, that the way the torishop prices got changed affected the market more than anything.
I do not know how the activity on the market is, since I have not done any marketing for 3 years or so, but I assume it's less than optimal.
Consider the fact, that an item such as toxic force is 6k in the shop.
Toxic's always been the highest in demand green item after orc.
Toxic being so cheap essentially means that all other green items are gonna be cheap, particularly when orc is super cheap as well.
That is rather bad for the market because it leaves very little room for the other green items to gain any share, so there are essentially many items that yield very little potential in the market and are therefore bound to be stuck on accounts, thus making them inactive. Inactive values mean less activity in the market. Less activity in the market means less dosh for everyone who is looking to make a fortune.
Just a small analysis of one particular case where the person in charge of price changes fucked up.
(I am still happy that I got a toxic force for 6k out of it though)
The way the market gets handled is not very bright all in all. The end of the story is that hampa put someone in charge because he does not want to deal with it himself. The person in charge probably didn't study economics or did ever any marketing.
Go figure.
Originally Posted by
cocacobra
Actually the economy is not too bad right now.
The best way to measure it imo is by the TC/USD rate. Right now that rate is ~12k/1 USD and that's around where it should be at. I think the staff likes it around 10k/$ but there have been times where there's been so much TC that the staff had to cap the rate at 15k/$ and thats also the same time when they started doing their TC sinking countermeasures.
Funny thing way back during release they had bank accounts that accumulated interest just if you let TC sit in there, pretty goofy if you ask me!
That is actually a very terrible way to measure how well the economy does.
Have you considered how many people actually sell or buy tc? There are probably like 5 active traders, so there is not too much competition.
How many customers can they serve? Not too many, since they are limited by their own income.
The vast majority of toricredits does not go through the hands of tc traders, so why would you use it as indicator to measure how healthy the economy is? Makes no sense.
The 10k/usd rate is very arbitrary. There is no evidence that such a rate means that the market is running at an optimal rate at all.
There are a bunch of other indicators that would serve to determine the current status of the economy, just gotta think about it logically, br0.
Last edited by Redundant; Apr 3, 2015 at 01:54 AM.