View Full Version : Demonic gonna crash?
dolan
07-10-2013, 03:40 AM
Im new to the forums but I really wanna know if I was worh selling my demonic , are the glyph steels dropping faster, that's what everyone's telling me , also there's an increase in the number of demonic sets being sold in the cs
ThePvpTwink
07-10-2013, 10:44 AM
Slowly but it would only drop so much. I've seen 22 glyphic blade steels in cs at one time going for around 350-400k and demonic prices have dropped slightly in the cs...seen a demo wand set in cs at 8.4m.
They're dropping because more and more ppl are farming the mini dungeon for them and the supply of demonic is rising.
Gragorak
07-10-2013, 10:50 AM
The're dropping because their price was slightly OP. Demand was temporarily higher than supply => prices went up. Now their price is normalizing.
I believe there may be a sharp drop in value soon, once the ppl that want them, have them, the demand will drop :(
KingFu
07-10-2013, 01:22 PM
Demonic fluctuates all the time. They drop and raise constantly. Demonic won't "crash", but it could potentially lower. I don't worry about it because I know it will go back up again shortly after.
Chopper
07-10-2013, 08:47 PM
Longest gap between new content in history. So many people are max level and completely bored.
THat means people are farming to pass the time. More farmers, more supply, prices start to go down...
Roberto077
07-11-2013, 09:47 AM
I remember when the Demonic plate mail was 200k.... Good old times
Rouquine
07-11-2013, 10:47 AM
Longest gap between new content in history. So many people are max level and completely bored.
THat means people are farming to pass the time. More farmers, more supply, prices start to go down...
Agreed. I feel this way with mystery dragon sets as well.
Noodleleg
07-11-2013, 11:03 AM
A prices does not simply go up because demand is higher than supply... There's much more to that... Both seen in real life AND in games, so please, don't try to sound like an economist.
NotYoCookiez
07-11-2013, 11:35 AM
But once you craft dragon you can't re sell so basically you deleted that item out of the market. Demonic is different though, always a flow going around.
ThePvpTwink
07-11-2013, 11:48 AM
IMO demonic is just to show that you're rich .-.
billybob1
07-11-2013, 12:03 PM
IMO demonic is just to show that you're rich .-.
not really....black dragon on the other hand
Reunegade
07-11-2013, 02:17 PM
not really....black dragon on the other hand
If u have gutter talon u get more friend requests
DocDoBig
07-11-2013, 02:36 PM
Am I rich with ESB?
billybob1
07-11-2013, 02:38 PM
Am I rich with ESB?
no.....but u r rich in frendz....awwwwwww
DocDoBig
07-11-2013, 02:41 PM
no.....but u r rich in frendz....awwwwwww
Aww, lovely said.
Wanna make kids?
billybob1
07-11-2013, 02:49 PM
Aww, lovely said.
Wanna make kids?
ohhhhh doccypoo u sillyhead
dudetus
07-11-2013, 05:33 PM
A prices does not simply go up because demand is higher than supply... There's much more to that... Both seen in real life AND in games, so please, don't try to sound like an economist.
Well, both IRL and IG, demand - supply are the main reasons for the floating of prices. Ofc there's more but IG most of the factors are variations to demand and supply. As an example the mentioned boredom. Some ppl farm for demonic more because they are bored and some ppl want to get demonic because it looks cool and buy it out of boredom.
#internationalbusinessstudentnextfall
Noodleleg
07-11-2013, 06:02 PM
Well, both IRL and IG, demand - supply are the main reasons for the floating of prices. Ofc there's more but IG most of the factors are variations to demand and supply. As an example the mentioned boredom. Some ppl farm for demonic more because they are bored and some ppl want to get demonic because it looks cool and buy it out of boredom.
#internationalbusinessstudentnextfall
Yeah, demand and supply are very important factors, but demand and supply isn't just... Oh, 10 people want demonic, but there are only 5 sets out there, so the price is a bit high. Economists usually use this term... Ceteris Paribus, meaning other things equal. If you say all other things equal, supply and demand itself have many factors WITHIN them still. In Macroeconomics, aggregate supply and demand makes life much easier... But guess what's in aggregate demand! Consumer spending, investment spending, government spending, and net exports (there's also other ways of calculating, but wages, profits, income, and rents is one of the other ways). Oh, and aggregate demand is GDP. Now, what am I rambling about? Here's where you get your mind blown ;)...
Based on what I've learned, because we are going towards an inflationary gap, we're going to have chaos in PL soon, if it hasn't already happened. Oh, why do we have an inflationary gap? Seems like people are farming too much... Increasing the money supply too fast. When the money supply goes up, the money supply/demand laws would show that interest rates go down... What happens when interest rates go down? People invest more in terms of gear. When people invest more in gear, aggregate demand goes up... BUT WAIIITTTT!! THIS IS A GAME!! THAT MEANS THAT'S ALSO CONSUMER SPENDING!! So we have a crazy rise in the price level and soon, we will have 30m sets. StS isn't going to change anything in PL, so money's just going to become worth less and less. Noobs may never have the chance to become rich unless they get lucky. The rich become richer and the poor become poorer.
Eh, I don't even know half of what I typed there... I'm kinda brain dead and I just got a 5 on my AP test. Sorry, a bit confident.
billybob1
07-11-2013, 06:32 PM
Yeah, demand and supply are very important factors, but demand and supply isn't just... Oh, 10 people want demonic, but there are only 5 sets out there, so the price is a bit high. Economists usually use this term... Ceteris Paribus, meaning other things equal. If you say all other things equal, supply and demand itself have many factors WITHIN them still. In Macroeconomics, aggregate supply and demand makes life much easier... But guess what's in aggregate demand! Consumer spending, investment spending, government spending, and net exports (there's also other ways of calculating, but wages, profits, income, and rents is one of the other ways). Oh, and aggregate demand is GDP. Now, what am I rambling about? Here's where you get your mind blown ;)...
Based on what I've learned, because we are going towards an inflationary gap, we're going to have chaos in PL soon, if it hasn't already happened. Oh, why do we have an inflationary gap? Seems like people are farming too much... Increasing the money supply too fast. When the money supply goes up, the money supply/demand laws would show that interest rates go down... What happens when interest rates go down? People invest more in terms of gear. When people invest more in gear, aggregate demand goes up... BUT WAIIITTTT!! THIS IS A GAME!! THAT MEANS THAT'S ALSO CONSUMER SPENDING!! So we have a crazy rise in the price level and soon, we will have 30m sets. StS isn't going to change anything in PL, so money's just going to become worth less and less. Noobs may never have the chance to become rich unless they get lucky. The rich become richer and the poor become poorer.
Eh, I don't even know half of what I typed there... I'm kinda brain dead and I just got a 5 on my AP test. Sorry, a bit confident.
that was sooooo hawt noodle!! rowr!
Emegency
07-11-2013, 07:15 PM
Yeah, demand and supply are very important factors, but demand and supply isn't just... Oh, 10 people want demonic, but there are only 5 sets out there, so the price is a bit high. Economists usually use this term... Ceteris Paribus, meaning other things equal. If you say all other things equal, supply and demand itself have many factors WITHIN them still. In Macroeconomics, aggregate supply and demand makes life much easier... But guess what's in aggregate demand! Consumer spending, investment spending, government spending, and net exports (there's also other ways of calculating, but wages, profits, income, and rents is one of the other ways). Oh, and aggregate demand is GDP. Now, what am I rambling about? Here's where you get your mind blown ;)...
Based on what I've learned, because we are going towards an inflationary gap, we're going to have chaos in PL soon, if it hasn't already happened. Oh, why do we have an inflationary gap? Seems like people are farming too much... Increasing the money supply too fast. When the money supply goes up, the money supply/demand laws would show that interest rates go down... What happens when interest rates go down? People invest more in terms of gear. When people invest more in gear, aggregate demand goes up... BUT WAIIITTTT!! THIS IS A GAME!! THAT MEANS THAT'S ALSO CONSUMER SPENDING!! So we have a crazy rise in the price level and soon, we will have 30m sets. StS isn't going to change anything in PL, so money's just going to become worth less and less. Noobs may never have the chance to become rich unless they get lucky. The rich become richer and the poor become poorer.
Eh, I don't even know half of what I typed there... I'm kinda brain dead and I just got a 5 on my AP test. Sorry, a bit confident.
indeed. thats what it seems like to me. i cant catch up already cuz once i get bored i leave PL for months and the most i had saved was 3mil
Zapoke
07-11-2013, 07:20 PM
I just got a 5 on my AP test.
Congratulations. :p
dudetus
07-12-2013, 03:39 AM
Oh, this is going to be a good debate!
I'm going to scrabble something up after I get from work. Then I'm going to put on my big boy pants and it's on :p.