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#Suggestions
Value Pack - Harmful to the Central Market
Mar 1, 2021, 22:36 (UTC)
2071 16
1 2
Last Edit : Mar 1, 2021, 22:36 (UTC)
# 1

The Value Pack imposes a artifical problem on the market that would not otherwise occur.  It's not the tax reduction itself, it's a byproduct of that and limited time.

 

Under normal conditions there is not an urgency to undercut or min price items.  However, with limited time Value Packs such as 1D 3D etc it puts a lot of pressure on specific items to sell them at any cost.  Especially resources like Chicken Meat, Date Palm, Wheat, etc.

 

Normally if a player wants immediate cash they will under cut or place low bids.  This is a normal and intended process.  However, what if that person has 3 days to sell 340,000 of an item.  An item in which they must list, complete a sale, collect the earnings and repeat that process over and over.  In a situation like this with limited time they are likely to completely distort the market by dumping as much as possible as quickly as possible.

 

This causes an artificial dump on the market and lowering of prices.

15 919
Last Edit : Mar 1, 2021, 23:13 (UTC)
# 2

While I agree with you and think that the Value Pack should not affect the market silver collection, I seriously doubt they will change this as it is the main reason many people buy it.

Last Edit : Mar 2, 2021, 03:32 (UTC)
# 3
Écrit le : 1 mars 2021, 22:36 (UTC), par : Retteo

The Value Pack imposes a artifical problem on the market that would not otherwise occur.  It's not the tax reduction itself, it's a byproduct of that and limited time.

 

Under normal conditions there is not an urgency to undercut or min price items.  However, with limited time Value Packs such as 1D 3D etc it puts a lot of pressure on specific items to sell them at any cost.  Especially resources like Chicken Meat, Date Palm, Wheat, etc.

 

Normally if a player wants immediate cash they will under cut or place low bids.  This is a normal and intended process.  However, what if that person has 3 days to sell 340,000 of an item.  An item in which they must list, complete a sale, collect the earnings and repeat that process over and over.  In a situation like this with limited time they are likely to completely distort the market by dumping as much as possible as quickly as possible.

 

This causes an artificial dump on the market and lowering of prices.

 

I can see that you made a topic under Suggestions, do you have any suggestion to make ?

Last Edit : Mar 2, 2021, 11:36 (UTC)
# 4
On: Mar 1, 2021, 22:36 (UTC), Written by Retteo

The Value Pack imposes a artifical problem on the market that would not otherwise occur.  It's not the tax reduction itself, it's a byproduct of that and limited time.

 

Under normal conditions there is not an urgency to undercut or min price items.  However, with limited time Value Packs such as 1D 3D etc it puts a lot of pressure on specific items to sell them at any cost.  Especially resources like Chicken Meat, Date Palm, Wheat, etc.

 

Normally if a player wants immediate cash they will under cut or place low bids.  This is a normal and intended process.  However, what if that person has 3 days to sell 340,000 of an item.  An item in which they must list, complete a sale, collect the earnings and repeat that process over and over.  In a situation like this with limited time they are likely to completely distort the market by dumping as much as possible as quickly as possible.

 

This causes an artificial dump on the market and lowering of prices.

 

You seem to misunderstand how the Value Pack works. It only needs to be active when a player collects their earnings, not when they set up the sale, so fluctuations in market price have nothing to do with VPs(unless the people causing them also misunderstand how it works).

Last Edit : Mar 2, 2021, 21:41 (UTC)
# 5
On: Mar 2, 2021, 11:36 (UTC), Written by Cielocanto

 

You seem to misunderstand how the Value Pack works. It only needs to be active when a player collects their earnings, not when they set up the sale, so fluctuations in market price have nothing to do with VPs(unless the people causing them also misunderstand how it works).

No offense, but this your misunderstanding of how it works.

 

"However, what if that person has 3 days to sell 340,000 of an item.  An item in which they must list, complete a sale, collect the earnings and repeat that process over and over.  In a situation like this with limited time they are likely to completely distort the market by dumping as much as possible as quickly as possible."

 

If you have ANY of an item listed or sold you can not enter another listing.  In the examples presented you might have 300,000 TEF for example.  Items like this are generally limited between 1K - 10K.  Everything else will need to be sold off while the Value Pack is active.

 

You can save up items.  So you can list 5 or 18 distortion earrings.  However, you only get 1 shot at that and then it's locked.  That's not what's being discussed here though.

 

It's mainly items in which you may obtain over 100,000 of the item.

15 919
Last Edit : Mar 2, 2021, 22:07 (UTC)
# 6

Central Market is dead because of 35% tax. If you don't have VP Central Market is dead to you. Period. End of story.

56 2060
Lv Private
Zandek
Last Edit : Mar 2, 2021, 22:26 (UTC)
# 7
On: Mar 2, 2021, 22:07 (UTC), Written by Senemedar

Central Market is dead because of 35% tax. If you don't have VP Central Market is dead to you. Period. End of story.

While that also affect it, it's mostly dead cause the price limits and not cause the VP.

The tax is high, altrough they don't really have choice, since they put so much free silver into the economy, that without this, there would be so heavy inflation, that you could literately not even hold your silver in your bag.

And yes, the main reason why ppl buy VP is the tax. WIthout it, their sales would drop by atleast half, hence they not goign to remove it.

244 4634
Lv 62
Hnnie
Last Edit : Mar 2, 2021, 23:10 (UTC)
# 8

Keep in mind, non-VP tax rate should be considered as the "normal tax rate" and tax rates using VP should be considered a "bonus" tax rate.  Paid option and free option, pros and cons.

 

To the OP, the market will always find it's equilibrium, which depends on demand, of course.  So your scenario of "person Y needing to list X,000 of an item in 3 days will distort the market", that distortion is merely a small, easily repairable dent in the market.  It will be alleviated when it settles down and supply is generated normally.

 

My gripe about the CM is how market prices are set in stone and not a true market.  This is the reason there's 10's of thousands of high supply + low demand items sitting at min price.  But I can see why the devs feel the need to control prices of individual items, since if they didnt have that control, it would throw the market off from how they envisioned an item's value.  Imagine a base Distortion Earring costing 500 mil or more, or a base Deboreka costing 10 times more than a DUO Ogre Ring.  Just seems wild to me, even if in that scenario, it's the price players deem worthy.  Just seems wild.

 

For better or for worse, I think it's acceptible in it's current state, and the CM in it's current state is one of the BEST QoL changes the game has introduced.  But yeah, your dilemma is a temporary dent in the market, if the item you're listing is one that has a demand.

Last Edit : Mar 2, 2021, 23:24 (UTC)
# 9

I would say losing 35% of your sivler to taxes is a very toxic way to set up a market. In other games with central markets but no tax there is little to no undercutting, because nobody is pressured for time. In BDO people undercut because they are desperate to get that item *now*, and many players including myself rely on the one day value pack to sell large amounts of things every so often. The weight, slots, merv's pallet and beauty parlor are already a huge value there, but adding a tax refund on top is jsut ridiculous, as money is essential to progressing. The others are nice for *enjoying* the game, dying your outfit and being able to hold large amounts of cooking materials, say, but the silver refund is absolutely REQUIRED. There is no reason to include it in the value pack beyond the knowledge that players must buy it in order to not fall behind their competitors.

Last Edit : Mar 3, 2021, 14:32 (UTC)
# 10
On: Mar 2, 2021, 22:07 (UTC), Written by Senemedar

Central Market is dead because of 35% tax. If you don't have VP Central Market is dead to you. Period. End of story.


I think this is entierly the point.  

66 1583
Lv 62
Ra713
1 2
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