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Old Jul 15, 2011, 06:37 PM // 18:37   #1
Quizor Broham
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Default Gold zaishen coin prices

I'm sure I'll get flamed to hell and back since everybody gets so buttsensitive whenever prices for items are questioned but I wanted to start up a brief discussion about the price of gold envoy weapons and how it apparently affects the price of gold zaishen coins directly.

Earlier in GToB, somebody was saying that gold zaishen coins are worth about 13k now, and when I asked why, the answer was because of the envoy weapons. Okay, I can understand that, but then I asked "why are envoy weapons so damn expensive then?" and all I basically got was "because they are" before being called a retard and promptly ignored.

Let's do a little analyzing.
  1. I was told that envoy weapons cost 200 ectos, so let's assume that's accurate (it must be if gold coins cost so damn much).
  2. To make one yourself, you need 100 gold zaishen coins and 15k gold (which is a lot of money definitely).
  3. Let's also assume that, aside from envoy weapons, buying zaishen keys (or elite tomes, but they're about the same now since tomes are 1 gold coin) is the most effective way of using your gold coins.
  4. I see zaishen keys going for 5k most of the time now, so if you got 100 keys instead of an envoy weapon, you would have items that are worth 500k total, but here's the problem.
  5. If envoy weapons cost 200 ectos and ectos are 7k each on average now, that would mean that if you used 100 gold coins (ignoring all other costs and such) for an envoy weapon you would have something that's worth 1.4 million gold.
  6. This means there's a discrepancy of 900k gold between using 100 gold coins for 100 items and using 100 gold coins for one item that costs 100 coins.

Now, I realize that there are potentially a LOT of errors I've made with judging the value of items and such since I don't keep track of the price of everything obsessively, but I don't think even the most egregious errors could explain everything. I must be missing something here if people think this is valid, because I certainly can't see it.

I'm not trying to bitch and moan and cry about how screwed up this game's economy is, but why is it like this?
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Old Jul 15, 2011, 08:17 PM // 20:17   #2
X-Plosiv
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Hey man, sorry, I was reason why that conversation went up.

I asked what is PC of Golden Zcons, and they have said 2e each, or 15k each. Even up to 18k (me personally just seen maximum someone selling was 16k ea).

The way I understood it:

1. Paying with ectos is easier today, because most people buying Gold Zcoins are people going for envoy.
2. Paying with cash is not something buyers like (whenever I go to sell GZcoins, people are like "CANT I JUST PAY IN ECTOS")


I first wrote WTS for 15k, then changed it in same second to 14k, sold at the end for 13k just beause I had to go.

- Drizzt

Last edited by X-Plosiv; Jul 15, 2011 at 08:19 PM // 20:19..
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Old Jul 15, 2011, 08:23 PM // 20:23   #3
carnage-runner
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Default

I'll highlight a few issues.

Zkeys. Zkeys do not only come from gold coins, therefor they cannot be used as a basis to compare prices. They are cheaper because you can get them in other ways as well as gold coins.

Gold Zcoins are now more expensive in part because of envoy weapons. It's a supply and demand game. An interesting one would be to see if the equipment packs have gone up in price to match the difference of gold coin cost... brb i'll check.

ok so... Heavy packs are going for 15-25e. That's a decent spread. At 15e it's 1:1, at 25e it's 1:1.6

Envoy weapons at 200e is 1:2 ratio. Not very good.

So in all this... it's safe to assume that the prices of Envoy weapons are inflated greatly. A reason behind this is that it is uncommon to have 100 gold zaishen coins, and that it's much more common to have 15.

So the price of Gold Zaishen Coins now needs to be called into question... edit further.

So the GZC's are going for 15k each roughly... here's what that converts to.
envoy weapon=214e
heavy pack=32e

This is counting ecto at 7k each... or roughly 14/100k.

So we can safely assume that the GZC's price is heavily inflated. The reasoning behind that? absolutely nothing. It's a supply and demand market... The supply of GZC's is relatively low compared with the demand for them.

In conclusion... It's stupid.

Best guess... The GZC and even SZC market is high because people are willing to pay those prices.

Pretty insane though eh? I'd farm them up... Buying is simply not worth it.

IMO... envoy weapons have inflated the price of buying coins. If you want to make money, sell the coins, not the items...

Last edited by carnage-runner; Jul 15, 2011 at 08:31 PM // 20:31..
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Old Jul 15, 2011, 08:50 PM // 20:50   #4
Quizor Broham
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Default

Quote:
Originally Posted by X-Plosiv View Post
Hey man, sorry, I was reason why that conversation went up.
I actually wasn't trying to find you at fault for anything. I mean, I was there, and all you did was price check the coins and sell accordingly. I just wanted to get into it a bit further except other people were being morons in local chat so I posted to get some thoughts here.

Quote:
Originally Posted by carnage-runner View Post
I'll highlight a few issues.

Zkeys. Zkeys do not only come from gold coins, therefor they cannot be used as a basis to compare prices. They are cheaper because you can get them in other ways as well as gold coins.
Yeah, that's mostly why I mentioned there were potentially large errors in my original post.

Quote:
Gold Zcoins are now more expensive in part because of envoy weapons. It's a supply and demand game. An interesting one would be to see if the equipment packs have gone up in price to match the difference of gold coin cost... brb i'll check.

ok so... Heavy packs are going for 15-25e. That's a decent spread. At 15e it's 1:1, at 25e it's 1:1.6

Envoy weapons at 200e is 1:2 ratio. Not very good.

So in all this... it's safe to assume that the prices of Envoy weapons are inflated greatly. A reason behind this is that it is uncommon to have 100 gold zaishen coins, and that it's much more common to have 15.
So basically, if this is the case, you earn a ridiculous amount of money because you already had a ridiculous amount of money.

Quote:
So the price of Gold Zaishen Coins now needs to be called into question... edit further.

So the GZC's are going for 15k each roughly... here's what that converts to.
envoy weapon=214e
heavy pack=32e

This is counting ecto at 7k each... or roughly 14/100k.

So we can safely assume that the GZC's price is heavily inflated. The reasoning behind that? absolutely nothing. It's a supply and demand market... The supply of GZC's is relatively low compared with the demand for them.

In conclusion... It's stupid.
Yeah, that's EXACTLY why I said something.

Quote:
Best guess... The GZC and even SZC market is high because people are willing to pay those prices.
True, but there's a point where it gets a little stupid and I think it's hit that point here.

Quote:
Pretty insane though eh? I'd farm them up... Buying is simply not worth it.
Yeah, you might see me trying to sell some of my own GZCs at this rate but I'm definitely not buying any until the price goes WAY down (I'm sure the economic overlords are crying their eyes out).

Quote:
IMO... envoy weapons have inflated the price of buying coins. If you want to make money, sell the coins, not the items...
I wouldn't have a problem with it if there was a valid reason for this but I don't think there is one.
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Old Jul 15, 2011, 10:36 PM // 22:36   #5
Aesir The Warrior
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Quote:
Originally Posted by carnage-runner View Post
So we can safely assume that the GZC's price is heavily inflated
Silver coins are actually worse
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Old Jul 16, 2011, 12:22 AM // 00:22   #6
carnage-runner
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Quote:
Originally Posted by Aesir The Warrior View Post
Silver coins are actually worse

Yes definitely. I 100% agree. Silver coins at 2k each is 20k per gold. It's insanity.
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Old Jul 16, 2011, 12:57 AM // 00:57   #7
superraptors
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silver coins > gold coins, skins cost cheaper from pvp rewards.
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Old Jul 16, 2011, 09:29 AM // 09:29   #8
AndrewSX
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Default

I had the same thought.
1 ZGC = 1 Zkey = 5-6k.
But ZGC are sold for around 2e.
But at same time Zkey aren't definitely 2e at all.....

The only thing that made it *a bit* less arkward is think that at the same time
1 ZGC = 1 Leet Rit tome...which is actually around 14k.

Still there's something strange.
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Old Jul 16, 2011, 10:44 AM // 10:44   #9
Quizor Broham
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Quote:
Originally Posted by AndrewSX View Post
The only thing that made it *a bit* less arkward is think that at the same time
1 ZGC = 1 Leet Rit tome...which is actually around 14k.
The problem with that is you can get any elite tome for 1 gold coin now. Back when they were all 2 gold coins then yeah that price was justified (barely) but if the price of gold coins went down to something reasonable then elite rit tomes would also be less expensive, so it's kind of the same thing here.
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Old Jul 17, 2011, 12:21 PM // 12:21   #10
Matrix Arcade
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Zcoins (especialy silver) are worth so much cause you can get PvP rewards with them, meaning you get a perfect 20/20 healing Paper Lantern for 8k worth of silver coins. For people playing a some PvP the seemingly high prices make sense then. (same goes for gold coins, since the higher PvP-reward items require goldcoins). Ofcourse alongside this the price is kept this high by the possibility of getting a steady, say, 12k per goldcoin you exchange for items (slightly higher with envoy weapons but this will gradually level).
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Old Jan 16, 2014, 06:08 AM // 06:08   #11
CannonFadduh
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Default Um, party points, do they count?

After reading all of the discrepancies on this thread, here's something to twist your noodle a bit further: bottle rockets, poppers and sparklers are 20 coppers each (per unit!).

Currently party points have been set at 80g/point, so what does that make the value of one silver coin if you use a party point standard? 200g? Are golds then worth 2K each?

You may just as well price envoy staves at 200K (plus the 15 plat of course).


"Gentlemen, you know the rules - there *are* no rules. This is a fight to the finish. The first man who's dead loses."
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