ItzTaylor Wrote:It is CollectorS trying to inflate the price of them. They can't do that without inflating all the other servers. There's something called MTS... :f6:
Someone brought this thread to my attention and I found it amusing enough to give a reply. =P
First off, to Taylor: I hope you realize that CollectorS is run by people from other servers.
Now, to address the wild speculations you people have regarding the recent inflation en masse.
The inflation is rooted in meso farmers and meso sellers. Currently, there exists a hack that effectively generates the user max mesos in a very very short amount of time. These mesos are then distributed and sold via meso selling sites or used as the user sees fit.
What are the effects of this?
A massive amount of mesos is being injected into the game economy across all servers. The more mesos in circulation, the greater the inflation.
Seeing an opportunity for profit, many merchants decided to capitalize on glove attack scrolls for two purposes: the ease at which they can be liquidated and resold for profits due to their high demand and the ease at which they can be converted into nx in mts.
Now I'll explain the cycle in which everything occurs using glove att scrolls as an example.
I, along with a few friends and other merchants, effectively bought out the entire FM of GFA in ALL servers. This is not impossible when you're rolling in tens to hundreds of billions of mesos in pure in each server (all legit, I assure you).
We then gradually increased the price in all servers from what was 6m 3 days ago to the current 20m now. How is that possible? Why would anyone buy? 3 groups of people would buy them: people that need to scroll, people that want to resell for more during inflation, and the people that are converting it directly into nx.
First group: the rise in the price of GFA has prompted tremendous escalations in ATT glove prices. People are spurred by the possibility of scrolling large profits and buy the scrolls. They sell, we raise the price.
Second group: the dramatic inflation has caused many people to speculate that glove atk scrolls will keep increasing to even wilder figures and buy out the market to attempt to sell for more. We sell for 20, they buy them out and try to sell for 30. They sell, we raise the price.
Third group: this group is tricky. It comprises of people that convert to nx to deflate mts, people that farmed mesos and are converting to nx then to real money, and people that just want their nx. The first sub-group injects pages of glove atks to deflate mts and deflate market, but only managed to change the nx to meso rate from 1:4 to 1:8+. The second sub-group uses their farmed meso to buy out the FM at ANY price and then sell those scrolls in MTS for very cheap so they can then convert the NX they gained from meso hack into real money. The third sub-group is just selling in mts and then use the nx to buy other things in mts for various purposes.
Now, to optimize on profits, we naturally attempt to cater to the largest consumer base, in which case is Scania. So what happens then is that the GFA in all servers are all being sent to Scania and the supply dramatically decreases in the other servers, thereby driving up demand and leading to even larger inflation.
This cycle applies to a variety of other items too.
Why is there inflation? Monopolization and because people buy them at those prices!
Now, there is a peak to this inflation and I'm sure you can all calculate it given the rates, so I don't need to tell you too much about that. =)
Happy Mapling~