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I agree, but if supply increases by such a significant amount, it is more than natural for prices to drop significantly.Quote:
Originally Posted by Tsiguchi Nonshantero
What I find disturbing is the fact that some event exclusive eggs are now available for everyone, when they should've been a unique reward to few dedicated players.
PS: I've not been negatively impacted by this event, but feel bad for the community that has.
I do agree with the event pets, not everyone should be able to have those, original owners had to grind hard for it but the meaning is lost.
I used to drop price 1 gold cheaper than player above me. If everyone could do same, price wouldn't drop so significantly i think.Quote:
Originally Posted by alphahero
I agree, I used to feel proud of my Tyrannica and beastmaster title. But now everyone has them. Still a fun event though.
Funny to see people complaining about the event now that it's ending...
How about everyone just be happy that you were able to be a part of this event? You witnessed, participated, and stood on the brink of greatness!. You can share this phenomenal occurrence with your grand-kids when you're old, They will look at you in awe, that you lived during the Great Egg Market Crash of 2016! More than that, you profited from the crash! Even if you did not loot that many eggs, you can still profit from getting your dream eggs for cheaper than they ever were before (if you hurry). The AL world is not a closed biosphere; new people download the game and join everyday and they will not have the same advantage that you had for experiencing this most awesome event. The market will correct itself over time. Farmers and merchants will once again make money Armageddon will be postponed, and dogs & cats will stop living together. And then, just when everything feels "normal" again, Gary & STS will throw another curve-ball and the roller-coaster ride will start all over again! LOL
Thanks for the ride!
Sts may have gained alot of money from this egg hunt event but locks will be opened less now, because pet prices are low, not really a suprise anymore to loot a myth egg from a lock that is 200-500k, or an arcane that is 500k-2m. I like the event overall, forced me to pve when i don't even do it much.
Sent from my Nexus 6 using Tapatalk
One of the reason's I love AL is this solid market economy that I've never seen in any other game. It does have its ups and downs, but that's just like any real world economy. If you stop playing for a year, and come back, you still find a way to enjoy it. Great game. (If it weren't, I wouldn't care to make this thread :))Quote:
Originally Posted by Spiff
Thanks for all the input everyone.
Prices are picking up so don't worry in about a month everything will be back its original price coz there are 1000's of hoarders out there to keep prices up [emoji14]
yeah, eggs are consumables, they eventually will all get used up! Still need pets for socketing :) No one uses trash pets as the base pet, and people aren't exactly removing the eggs once socketed so they're technically "consumed"
Overall i say this was a good event 100k kills gained
And everyone active also looted 5 arc pets and too many to count mythics
ill say good overall event
Haha i imagine cinco saying that in spartan way hahaha [emoji16]Quote:
Originally Posted by Abroxim
Sent from my Lenovo A7000-a using Tapatalk
Now time to start seeing the aftermath...
I was thinking about this the past couple of days.... As a result of the egg market crash, the entire economy has collapsed to a certain extent. Remember that egg prices also affect the prices of many other things.
The best loot from locked crates is arcane eggs, and with the recent price decline of eggs, you can see the price of locked crates has collapsed as well -- a couple of weeks ago they were going for 7-8k, now they are 3-4k.
Many chests also contain eggs. For example, Elite Copper and Silver Warchests always had maintained some value due to the possibility of looting a rare Talon egg, which sold for 100k+. Now with Talon Eggs below 10k, I can't imagine who would pay even 200 gold for an Elite Copper or Silver Warchest as there is nothing that can be looted worth anything decent. The same can be said for many other elite and non-elite chests, most of which contain eggs in their loot table, which were the most valuable items that could be looted from them.
As we are just coming off this really fun event, I know most of you have not even thought about farming today, as you are probably "all farmed out" after spending 10 hours per day searching for Egg-Zavier the past week, but soon enough you will realize that there is not much to farm for anymore, except for Elite Underhul. The prices of just about everything else has collapsed.
So here is my proposed fix:
1) Add a new achievement for 100 pets in the stable. This will cause a big increase in demand for all pet eggs. Currently there is no reason to have more than 50 pets in your stable. Nobody uses more than a few pets in their rotation, and the others are just to satisfy APs. If everyone who cares about APs suddenly needs 50 more pets, this will use up many of the excess eggs that were looted during this event, and will help revive prices of rare, epic and legendary pet eggs in general, which will also help restore prices to chests and give us a reason to farm again.
2) This one may be less popular, but new achievements for having 5 mythic pets, and 5 arcane pets in the stable could be added. Yes, this could be seen as "pay to win" since both arcane and mythic pets are purchased with plat, and/or looted from locked crates (which also require plat). However, because this would cause the price of mythic and arcane eggs to go up, it would increase demand for locked crates, which would cause their prices to go back up and help crate farmers.
Remember that the economy of AL is NOT a zero sum game. There are ways to help both the rich plat players AND the poor and middle class farmers at the same time. I believe both of these suggestions would do that.
Any thoughts or comments?
Awesome idea. :D
I like this , simple and to the point. +1
Seems it would make attaining more ap's desirable to older players but I don't think it would be enough to help farming in general.
I'm in a odd position having started over from zero, I think I see this game with fresh eyes, and if I'm a brand new player i think- who cares about ap's , I need money.
I get that it might (maybe) make locks rebound and interest old players, but more is needed to help farming. Otherwise it's always km3 km3 km3 event km3 km3 .....
Will this help lock prices more or hoarders I wonder
Market will pick up when they bring new pets in and they need to be desirable too otherwise people will still stick to the current cheap pets
Good Idea! i hope STS fix Prizes somehow
*edit: Also an Idea:
they could make some craftable Pets like Necro.
where you need "low lvl-Eggs" and some other mats. (but for everyone affordable)
and if you are lucky you get a decent Pet with a special Tag like: "Crafted Ribbit" or with an Symbol like a Star or something
it could have an extra stat or increased Stats
that way people would buy/farm Pets again too
Mfg, Mikerosoft
The entire economy has not collapsed... Crate prices of massive cyrostar are already up 16k from their low when I bought into a lot of them, and many eggs are already recovering extremely well. The only people complaining about the lower arcane prices are the 1% on AL who controlled the prices of arcanes such as SNS/Nekro and ripped everyone off by overpricing them. I have no pity for them, and in fact I wish event would go on longer so they lost more gold...
Prices are not "already recovering extremely well". What has happened (and what always happens right after an event) is that the same 1% you complain about are actually attempting to merch and so many of them have bought up eggs and are continuing to buy up eggs. That keeps the price artificially high. Then what will happen in a few more days is they will stop buying them up and attempt to sell. When that happens, you will then find out the real market price for these.Quote:
Originally Posted by Betheren
Unfortunately there is nothing you can do with an egg except hatch it. And for many of these pets, there are far more eggs in circulation than there are active players who want to add that pet to their stable. And that means we are going to see the price collapse at some point. Merchants are only going to buy and sell the same egg so many times without profit before they dump them all on the market.
With Klaas giving out free Deary, Cerella, Alejandro (and a few more) pet eggs, we have seen the prices of those pets collapse to where you cannot even sell them for 500 gold. With this event now finished, there are going to be another 30 or 40 eggs that will be priced very similarly, and that is not good for farming.
Please read post #8.Quote:
Originally Posted by Betheren
Energizer is absolutely correct. You'll see the REAL prices about a week after the event. Right now, I know of 3 people dumping about 600M each into the egg market to keep prices up.
Well that is smart of them to buy the eggs while they are so cheap. That's what I did too during the event. If prices fall again all good merchers know to buy up the eggs and hold onto them. But then again I guess there are the noobs who panic and sell. Reminds me of trading in the real stock market. Some of your best investments you will ever make are when people are panicking and acting illogically as a result.Quote:
Originally Posted by Zeus
Ahh stop crying lol everyone can enjoy this game and old player will interested to come back XP
Correct.Quote:
Originally Posted by Betheren
After, thought, there's the real panic. In the stock market, considering I invest in stocks that I won't disclose, there are two types of free falls. Initially, there is the panic sell, then there is the true fall which happens after investors try to save the stock. This is what happens here and is when the smartest investors will invest to maximize their profit margins.
What will be necessary to keep the prices of many of these eggs at a decent level is for enough new players to enter the game over the coming months, and buy these eggs and hatch them. If the eggs sit in inventory and do not get hatched, trust me when I say that the price will fall to nothing in time.
My idea here is to give everyone an incentive to hatch more eggs, since I'm not sure enough new players are joining AL on a regular basis to allow prices to rebound on their own.
Hey guys, so with the "egg market" crash.. everyone is referring to it as a wave of prices falling down, which will eventually pick itself back up.. But to my knowledge, when arcanes hit 900k, right after event ended, that's only the FIRST wave of a market crash. Many people are hoarding mythics and arcanes to sell for a lower price, I can't blame them either, it's usually a smart way to make a profit. Only one thing though, this type of situation is different right? This is what I think is is going to happen/ is already in the process of happening:
Event starts, everyone sells everything they loot before prices drop
More and more people selling, till prices drop TOO low
Now people realize they could be making more money if they hoard eggs to sell later for profit
^While that's happening people are simultaneously opening eggs to complete AP's and get a good deal to max out stable
Now it's the end of event, and people are hoarding more, prices start raising themselves up..
Here is when I think it's a mock success, the egg market is "bluffing" if you want to call it that
Now a few days/weeks after event ends, people start selling eggs for "profit", but uh oh, demand is low because people already bought eggs while cheap
Since demand is low, and the market is being flooded with hoarded/unwanted eggs, prices will drop again
Brace yourselfs, the second market crash is happening now
This is my idea of whats going to happen, and no I'm not complaining about market crashes. I am grateful for this event :). I just want to know if my suspicions will be confirmed.. Am I over thinking it guys? Or am I on the right track
Thanks for putting up with my loosely formed thoughts haha
Yeah, this has happened with other items after every event over the past year.
In the first 2 years of AL, there were only a few events, and during that time only a few smart merchants thought to buy up event gear to sell after the event. After the first Tarlok event, I can remember buying the Tarlok warrior armors and helms for less than 1k each, and selling them 3 months later for 50k+ each. (Back then warrior was the most popular class, and warrior gear sold for more than rogue or sorcerer gear)
The problem is, many other players apparently noticed what me and a few other merchants did. So beginning with the first Goblin event, I noticed that prices initially spiked right after the event was over due to everyone wanting to become a merchant and stash some items away for future selling. The problem is that when you have too many merchants, all you need is a few who are willing to sell cheap and prices start to crash. And that is what happened about a week after that first Goblin event. Prices came back down, and were even lower than during the event.
Three or four players who hoard an item can control the market somewhat and keep the price high, even if there is no communication between them. With the Tarlok gear back in early 2014, I never spoke to any other merchants about pricing. We just all seemed to respect each other and never undercut each other by any significant amount.
But when you have dozens of players hoarding the same items, that control is lost, and prices will fall when players decide to sell unless there is demand for these items among the player base.
Thanks for the info :), I am not scared of the market crashes in any way. STS had to have seen this coming, and they probably have a back up plan. I only made this thread to give some insight on what MIGHT happen, I don't want people complaining about how STS screwed up the economy, when they should shoulder some blame too.Quote:
Originally Posted by Energizeric
Which significant eggs do you expect a new player to buy? Between potions jewels, and gear to level up I never had a budget for pets when I came back. That was like steak to my Raman budget starting over. The hand to mouth aspect is underestimated by older players.Quote:
Originally Posted by Energizeric
That's why I pointed out that ap's mean nothing to new players.
All the more reason that my suggestion should be implemented. It will cause older veteran players to hatch more eggs -- most do NOT have 100+ pets in their stable, but many will work towards that if APs are involved, especially with egg prices cheap as they are now.Quote:
Originally Posted by Suentous PO
100% agree with this.Quote:
Originally Posted by Energizeric
Most players are happy with 1 good pet.
The only way I see to increase the demand on several eggs (and remove them from the market) somewhat evenly would be the new achievement suggestions.
STS back at it again inundating the market with high tier items! :):