Why the hell crown sales doesn't affect crown to gold rates. It's still too high

SeaUnicorn

Isn't this related to ZOS patching Argentina crown purchase workaround where people would abuse low regional price with the use of VPN?

Grizzbeorn

Wow wrote: »

hafgood wrote: »

Nor do I agree that the price should fall because crown sellers can buy them cheaper, they still have to spend the real money so you don't have to. You want cheap crowns buy them yourself.

it's been tough year and I dont have spare money for that

It's the same world for those who sell crowns. So why give them a hard time?

Chrysa1is

Why the hell would people buy crowns with gold? Doesn't ZoS lose money by people exploiting and selling the free monthly crowns through ESO plus?

Never understood why. Just pay with money, its quicker, easier and there is zero scam risk. I work for a living so im not bothered and quite happy to pay.

Mancombe_Nosehair

Chrysa1is wrote: »

Why the hell would people buy crowns with gold? Doesn't ZoS lose money by people exploiting and selling the free monthly crowns through ESO plus?

Never understood why. Just pay with money, its quicker, easier and there is zero scam risk. I work for a living so im not bothered and quite happy to pay.

Quite frankly, because I want to. I'd rather spend someone else's money on something than my own!

Nyladreas

Hotdog_23 wrote: »

I find it funny that the exchange rates are 5 times higher on PC (500 to 1) than on PS network (100 to 1).

Makes one think that maybe add-ons that help search prices on all traders does make a big difference in the amount of gold that players have.

Stay safe and have fun

Not only that but I Believe there are ways on console to get crowns almost permanently at 70%-ish discount.

Don't ask me how though cause I have no clue. Something to do with VPNs and regions is all I know.

Cireous

The 450(425) rate is definitely killing my crown store game right now. I agree. It's way too much.

Please reduce it, already.

ImmortalCX

I am looking to buy some crowns. Email me in game, PC-NA, same name as account.

Linaleah

idk wrote: »

WrathOfInnos wrote: »

It’s not just Crown to gold rates, everything purchased with gold costs about double what it did a year ago. Chromium went from 70k to 140k, Spell Power potions went from 125 to 250 (caused by similar increase for alchemy reagents), Dreugh Wax went from 5k to 10k, Artaeum Pickled Fish went from 3k to 6k. Kinda makes sense that Crowns would also go from 200 to 400 with the reduced buying power of gold. I’m starting to believe the claims of inflation.

Similar happened in SWTOR. The inflation ran wild. In the end, it is the gold sellers that benefit from trading real-world currency for in-game gold.

to be fair. its not at all what happened in swtor. hyper inflation in swtor that has not at all been handled was cause primarily by a glitch that allowed a LOT of people to generate a LOT of credits very very quickly via buying stacks of furnishings from a vendor and then selling it BACK to vendor at a profit. yes, you read that right. that glitch, bug, exploit what have you - persisted for MONTHS before getting patched and because it lasted so long and all of those credits got traded around multiple times over? none of them were taken out of the economy. you could say that new batch of dailies also contributed, but nowhere near as badly as that vendor bug. (and as far as i know - similar vendor bug happened more recently, with companion gifts this time, but as I haven't been playing regularly by then, I cannot 100% vouch for that).

see - trading doesn't on its own create hyper inflation. in game currency generation without appropriate gold sinks - does. in ESO - generating gold solely through gameplay is easier then ever. if anything I would say contrary to my original belief that it would not affect the economy to this degree - antiquities system is to blame for this current inflation. especially the part where for a little while, you could infinitely farm 5k purple in Eveya. at least THAT got patched a lot faster then swtor bug. but you can still farm treasures that are not subject to fence limits pretty much for as long as you are willing. while gold sinks are not increasing to match the generation. at least not enough.

Linaleah

hafgood wrote: »

I agree that crown store items should be able to be codded.

I don't agree that Zos should regulate the market and set the exchange rate. If they are going to do that then they would have to do the same for all items in the game and no one would want that.

Nor do I agree that the price should fall because crown sellers can buy them cheaper, they still have to spend the real money so you don't have to. You want cheap crowns buy them yourself.

to be fair. if they do it the way Blizzard does with wow tokens? its would still allow the prices to go up or down with demand but make trading safer for all.

Linaleah

Chrysa1is wrote: »

Why the hell would people buy crowns with gold? Doesn't ZoS lose money by people exploiting and selling the free monthly crowns through ESO plus?

Never understood why. Just pay with money, its quicker, easier and there is zero scam risk. I work for a living so im not bothered and quite happy to pay.

1. this is NOT an exploit.
2. people who are buying crowns with gold would NOT have bought those crown items otherwise.
3. those monthly crowns are NOT free.
4. a lot of people work for a living, not everyone is willing to spend their hard earned money on digital goods. there is nothing wrong with spending your money. and there is nothing wrong with spending that money potentially on extra crowns so that you don't have to worry about making gold as much. or spending gold that you get through the process of play anyways, while saving your RL money for something else.

SynodicOracle

To be honest, it shouldn't be an issue to complain about. Crowns are bought with real money and you're basically getting them for fake money, aka for free. Let crown sellers price them as they please regardless of if there's a sale or not, you're still getting to pay fake money for something real money bought.

Vlad9425

I don’t support buying stuff in the Crown Store when the game is in such a poor state however why don’t you just buy the crowns yourself if you’re desperate for them?

idk

Nowa133 wrote: »

idk wrote: »

Nowa133 wrote: »

idk wrote: »

It is sad when crown trading is an issue. The crown store is very much secondary to the game.

If you, by any motive, can't be a esoplus member or buy crowns, then its not secondary. Its pretty much primary, since you'll not be able to access the new content available for others. (more than 2m for 5k of crowns...)

Not at all. It is still secondary. The base game is primary.

More importantly, the wise person that buys crowns on sale for selling trading crowns for gold will not sell them at a discount. It defeats the purpose. They will wait until someone is willing to pay the normal price. They have no reason, or incentive, to sell them on the cheap.

Like i said, this should be regulated by zos, not the players. And its a primary concern for some players.

So you want Zos to get directly into gold selling? I am fairly sure that will not happen. It is also not something I have seen in any other game including P2W games.

BTW, Zos should develop an official mechanism for trading crowns, but it will not, and should not, be regulated by them. Nothing else in the economy is regulated by Big Bother Zos.

What they should do is eliminate the trading via the crown store, no more gifting. Then make it so what we actually buy is a token that can be traded or listed on a trader. Being able to list it on a trader would eliminate the risky part of trading.

Faiza

SynodicOracle wrote: »

To be honest, it shouldn't be an issue to complain about. Crowns are bought with real money and you're basically getting them for fake money, aka for free. Let crown sellers price them as they please regardless of if there's a sale or not, you're still getting to pay fake money for something real money bought.

^ This. The person who bought the crowns with IRL currency is doing you a favor, by accepting your chuck e cheese coins in exchange for them.

spartaxoxo

idk wrote: »

BTW, Zos should develop an official mechanism for trading crowns, but it will not, and should not, be regulated by them. Nothing else in the economy is regulated by Big Bother Zos.

What they should do is eliminate the trading via the crown store, no more gifting. Then make it so what we actually buy is a token that can be traded or listed on a trader. Being able to list it on a trader would eliminate the risky part of trading.

They don't even need to use a token. Just make crowns an item you can list on the guild traders. That's what one mmo I played did the equivalent of, though they had an auction house system.

spartaxoxo

Chrysa1is wrote: »

Why the hell would people buy crowns with gold? Doesn't ZoS lose money by people exploiting and selling the free monthly crowns through ESO plus?

Never understood why. Just pay with money, its quicker, easier and there is zero scam risk. I work for a living so im not bothered and quite happy to pay.

@Chrysa1is

It's not a hard interaction to understand. Crown sellers want coins because they either don't have or don't want to spend the time doing the coin making activities to just get the coin themselves. And crown buyers either don't have or don't want to spend the money to buy crowns themselves. So the two of them come to a mutually beneficial arrangement to exchange what they have that the other wants.

It's not a lot different to hiring someone to mow your lawn, fix you a coffee, or buying any other convenience item that you could probably handle yourself.

idk

spartaxoxo wrote: »

idk wrote: »

BTW, Zos should develop an official mechanism for trading crowns, but it will not, and should not, be regulated by them. Nothing else in the economy is regulated by Big Bother Zos.

What they should do is eliminate the trading via the crown store, no more gifting. Then make it so what we actually buy is a token that can be traded or listed on a trader. Being able to list it on a trader would eliminate the risky part of trading.

They don't even need to use a token. Just make crowns an item you can list on the guild traders. That's what one mmo I played did the equivalent of, though they had an auction house system.

I prefer how SWTOR did it, which was via tokens. It worked great as it also meant crate items could be sold or traded. My guess is more people will like my idea as they can trade their mounts that dropped from crates.

spartaxoxo

idk wrote: »

spartaxoxo wrote: »

idk wrote: »

BTW, Zos should develop an official mechanism for trading crowns, but it will not, and should not, be regulated by them. Nothing else in the economy is regulated by Big Bother Zos.

What they should do is eliminate the trading via the crown store, no more gifting. Then make it so what we actually buy is a token that can be traded or listed on a trader. Being able to list it on a trader would eliminate the risky part of trading.

They don't even need to use a token. Just make crowns an item you can list on the guild traders. That's what one mmo I played did the equivalent of, though they had an auction house system.

I prefer how SWTOR did it, which was via tokens. It worked great as it also meant crate items could be sold or traded. My guess is more people will like my idea as they can trade their mounts that dropped from crates.

They just made the crate items tradeable too in that other game. You could just list them in the auction house. Made it very straightforward. Cut's out trying to work out conversion. It was a wildly p2w game but literally everything could be purchased with coin directly.

Vorpan

Linaleah wrote: »

idk wrote: »

WrathOfInnos wrote: »

It’s not just Crown to gold rates, everything purchased with gold costs about double what it did a year ago. Chromium went from 70k to 140k, Spell Power potions went from 125 to 250 (caused by similar increase for alchemy reagents), Dreugh Wax went from 5k to 10k, Artaeum Pickled Fish went from 3k to 6k. Kinda makes sense that Crowns would also go from 200 to 400 with the reduced buying power of gold. I’m starting to believe the claims of inflation.

Similar happened in SWTOR. The inflation ran wild. In the end, it is the gold sellers that benefit from trading real-world currency for in-game gold.

to be fair. its not at all what happened in swtor. hyper inflation in swtor that has not at all been handled was cause primarily by a glitch that allowed a LOT of people to generate a LOT of credits very very quickly via buying stacks of furnishings from a vendor and then selling it BACK to vendor at a profit. yes, you read that right. that glitch, bug, exploit what have you - persisted for MONTHS before getting patched and because it lasted so long and all of those credits got traded around multiple times over? none of them were taken out of the economy. you could say that new batch of dailies also contributed, but nowhere near as badly as that vendor bug. (and as far as i know - similar vendor bug happened more recently, with companion gifts this time, but as I haven't been playing regularly by then, I cannot 100% vouch for that).

see - trading doesn't on its own create hyper inflation. in game currency generation without appropriate gold sinks - does. in ESO - generating gold solely through gameplay is easier then ever. if anything I would say contrary to my original belief that it would not affect the economy to this degree - antiquities system is to blame for this current inflation. especially the part where for a little while, you could infinitely farm 5k purple in Eveya. at least THAT got patched a lot faster then swtor bug. but you can still farm treasures that are not subject to fence limits pretty much for as long as you are willing. while gold sinks are not increasing to match the generation. at least not enough.

The companion gifts glitch happened a few years ago. I think it was several days before it was finally fixed. There were people in my guild with multiple accounts that maxed themselves out in credits. They got to keep the credits and got a 3 - 5 day suspension.

FlopsyPrince

Why sell crowns cheaply? I can make 400 K doing the crafting dailies for a few days if I want them. Why would I want to spend a lot of real money for that?

Linaleah

Vorpan wrote: »

Linaleah wrote: »

idk wrote: »

WrathOfInnos wrote: »

It’s not just Crown to gold rates, everything purchased with gold costs about double what it did a year ago. Chromium went from 70k to 140k, Spell Power potions went from 125 to 250 (caused by similar increase for alchemy reagents), Dreugh Wax went from 5k to 10k, Artaeum Pickled Fish went from 3k to 6k. Kinda makes sense that Crowns would also go from 200 to 400 with the reduced buying power of gold. I’m starting to believe the claims of inflation.

Similar happened in SWTOR. The inflation ran wild. In the end, it is the gold sellers that benefit from trading real-world currency for in-game gold.

to be fair. its not at all what happened in swtor. hyper inflation in swtor that has not at all been handled was cause primarily by a glitch that allowed a LOT of people to generate a LOT of credits very very quickly via buying stacks of furnishings from a vendor and then selling it BACK to vendor at a profit. yes, you read that right. that glitch, bug, exploit what have you - persisted for MONTHS before getting patched and because it lasted so long and all of those credits got traded around multiple times over? none of them were taken out of the economy. you could say that new batch of dailies also contributed, but nowhere near as badly as that vendor bug. (and as far as i know - similar vendor bug happened more recently, with companion gifts this time, but as I haven't been playing regularly by then, I cannot 100% vouch for that).

see - trading doesn't on its own create hyper inflation. in game currency generation without appropriate gold sinks - does. in ESO - generating gold solely through gameplay is easier then ever. if anything I would say contrary to my original belief that it would not affect the economy to this degree - antiquities system is to blame for this current inflation. especially the part where for a little while, you could infinitely farm 5k purple in Eveya. at least THAT got patched a lot faster then swtor bug. but you can still farm treasures that are not subject to fence limits pretty much for as long as you are willing. while gold sinks are not increasing to match the generation. at least not enough.

The companion gifts glitch happened a few years ago. I think it was several days before it was finally fixed. There were people in my guild with multiple accounts that maxed themselves out in credits. They got to keep the credits and got a 3 - 5 day suspension.

oy, suspension while keeping credits is like closing the barn doors after all the animals escaped. as i said, i haven't been playing regularly at that point, but i WAS playing regularly when furniture glitch happen (and that one lasted a LOT longer then few days). I would be lying if I said that I didn't myself partake a bit, though I stopped very quickly because i didn't want any account issues. little did I know that there would be no account issues to worry about... sigh. two such glitches in the same game where most major gold sinks are one time only (unlike weekly trader bids in ESO)... it makes Eveya bug minor in comparison.

but in any case, inflation in SWTOR was and still is a VERY different beast from inflation in ESO.

Linaleah

spartaxoxo wrote: »

idk wrote: »

spartaxoxo wrote: »

idk wrote: »

BTW, Zos should develop an official mechanism for trading crowns, but it will not, and should not, be regulated by them. Nothing else in the economy is regulated by Big Bother Zos.

What they should do is eliminate the trading via the crown store, no more gifting. Then make it so what we actually buy is a token that can be traded or listed on a trader. Being able to list it on a trader would eliminate the risky part of trading.

They don't even need to use a token. Just make crowns an item you can list on the guild traders. That's what one mmo I played did the equivalent of, though they had an auction house system.

I prefer how SWTOR did it, which was via tokens. It worked great as it also meant crate items could be sold or traded. My guess is more people will like my idea as they can trade their mounts that dropped from crates.

They just made the crate items tradeable too in that other game. You could just list them in the auction house. Made it very straightforward. Cut's out trying to work out conversion. It was a wildly p2w game but literally everything could be purchased with coin directly.

I... would not call it pay to win. unless it has become one recently and I somehow missed actual powerful gameplay items being sold in cash shop that cannot be earned in game - its not pay to win. the closest thing to a pay to win were character boosts and given how fast it is to hit max level in SWTOR and that those character boosts did NOT unlock any of the datacrons, did NOT count towards legacy class unlocks etc - I don't see how its pay to win at all. its microtransaction hell and it absolutely lies about subscription being optional, but subscription is not pay to win - its pay to play.

Chrysa1is

Mancombe_Nosehair wrote: »

Chrysa1is wrote: »

Why the hell would people buy crowns with gold? Doesn't ZoS lose money by people exploiting and selling the free monthly crowns through ESO plus?

Never understood why. Just pay with money, its quicker, easier and there is zero scam risk. I work for a living so im not bothered and quite happy to pay.

Quite frankly, because I want to. I'd rather spend someone else's money on something than my own!

Some earlier said that it is NOT an exploit.

I rest my case

KhajiitLivesMatter

ForzaRammer wrote: »

Because there is hyper inflation and zos is not creating any real gold sinks.

On top of that you have people on forum cry about multi bid which is prolly the biggest existing gold sink.

dude i think u didnt understand multi bid : if u bid on 5 guild traders and u get 1 than ull get the money for the other 4 back its not lost

so its no money sink

KhajiitLivesMatter

and its only logical if u buy reduced crowns maybe instead of 100€only 60€ its only fair to give atleast 20% reduced price to customers

and the "argument" that it is still real money is a bad one - if u sell without a reduced price crowns in worth of 10€ for 100k than there is no reason to sell the same amounts of crowns but only 6€ worth for 100k to - and i dont say that 100% of the reduced price should be in favor of the customer but it should be 50/50 (40% sale 20% cheaper for customer)

and btw does anyone actually buy crowns for 400+ ? that price is insane just ask a friend or someone from the guild
i never bought over 300 - normaly 250 and sometimes even 125-150 but never 400

spartaxoxo

Linaleah wrote: »

spartaxoxo wrote: »

idk wrote: »

spartaxoxo wrote: »

idk wrote: »

BTW, Zos should develop an official mechanism for trading crowns, but it will not, and should not, be regulated by them. Nothing else in the economy is regulated by Big Bother Zos.

What they should do is eliminate the trading via the crown store, no more gifting. Then make it so what we actually buy is a token that can be traded or listed on a trader. Being able to list it on a trader would eliminate the risky part of trading.

They don't even need to use a token. Just make crowns an item you can list on the guild traders. That's what one mmo I played did the equivalent of, though they had an auction house system.

I prefer how SWTOR did it, which was via tokens. It worked great as it also meant crate items could be sold or traded. My guess is more people will like my idea as they can trade their mounts that dropped from crates.

They just made the crate items tradeable too in that other game. You could just list them in the auction house. Made it very straightforward. Cut's out trying to work out conversion. It was a wildly p2w game but literally everything could be purchased with coin directly.

I... would not call it pay to win. unless it has become one recently and I somehow missed actual powerful gameplay items being sold in cash shop that cannot be earned in game - its not pay to win. the closest thing to a pay to win were character boosts and given how fast it is to hit max level in SWTOR and that those character boosts did NOT unlock any of the datacrons, did NOT count towards legacy class unlocks etc - I don't see how its pay to win at all. its microtransaction hell and it absolutely lies about subscription being optional, but subscription is not pay to win - its pay to play.

I was talking about PWI not SWTOR. It was very p2w, but they justified that by pointing out that you could buy literally anything with coin. And they weren't wrong. You could buy anything with coin. As ZOS doesn't put power in the cash shop, that would be a non-issue in this game.

Cireous

KhajiitLivesMatter wrote: »

and btw does anyone actually buy crowns for 400+ ? that price is insane just ask a friend or someone from the guild i never bought over 300 - normaly 250 and sometimes even 125-150 but never 400

The current price is fairly new and it is just about double what it usually is. That's why this post exists, I imagine. We're all "wtf'ing" this new, entirely untenable, cost to do business.

Linaleah

Chrysa1is wrote: »

Mancombe_Nosehair wrote: »

Chrysa1is wrote: »

Why the hell would people buy crowns with gold? Doesn't ZoS lose money by people exploiting and selling the free monthly crowns through ESO plus?

Never understood why. Just pay with money, its quicker, easier and there is zero scam risk. I work for a living so im not bothered and quite happy to pay.

Quite frankly, because I want to. I'd rather spend someone else's money on something than my own!

Some earlier said that it is NOT an exploit.

I rest my case

how does this make it an exploit though? crown gifting is approved by ZoS. it is a system DESIGNED by ZoS. you need to look up what exploit actualy means. because you have no case.

Linaleah

spartaxoxo wrote: »

Linaleah wrote: »

spartaxoxo wrote: »

idk wrote: »

spartaxoxo wrote: »

idk wrote: »

BTW, Zos should develop an official mechanism for trading crowns, but it will not, and should not, be regulated by them. Nothing else in the economy is regulated by Big Bother Zos.

What they should do is eliminate the trading via the crown store, no more gifting. Then make it so what we actually buy is a token that can be traded or listed on a trader. Being able to list it on a trader would eliminate the risky part of trading.

They don't even need to use a token. Just make crowns an item you can list on the guild traders. That's what one mmo I played did the equivalent of, though they had an auction house system.

I prefer how SWTOR did it, which was via tokens. It worked great as it also meant crate items could be sold or traded. My guess is more people will like my idea as they can trade their mounts that dropped from crates.

They just made the crate items tradeable too in that other game. You could just list them in the auction house. Made it very straightforward. Cut's out trying to work out conversion. It was a wildly p2w game but literally everything could be purchased with coin directly.

I... would not call it pay to win. unless it has become one recently and I somehow missed actual powerful gameplay items being sold in cash shop that cannot be earned in game - its not pay to win. the closest thing to a pay to win were character boosts and given how fast it is to hit max level in SWTOR and that those character boosts did NOT unlock any of the datacrons, did NOT count towards legacy class unlocks etc - I don't see how its pay to win at all. its microtransaction hell and it absolutely lies about subscription being optional, but subscription is not pay to win - its pay to play.

I was talking about PWI not SWTOR. It was very p2w, but they justified that by pointing out that you could buy literally anything with coin. And they weren't wrong. You could buy anything with coin. As ZOS doesn't put power in the cash shop, that would be a non-issue in this game.

oh, I stand corrected. and yeah, Neverwinter is the same. not coincidentally - ran by the same company, whadaya know...

but anyways, I don;t expect prices to go down personaly, just because there is a sale. i know some people will roll their eyes at yet another mention of pandemic... but a lot of people did lose or had their income be greatly reduced by this pandemic we are still in. so demand for crowns has only been going up, while supply - weren't. larger sellers of crowns are savvy enough to know that they could just hold on to crowns if anything to sell them later, should people demand lower prices now. they are also savvy enough to know that new house and furnishing packs that are limited time - puts them unto a position of power here.

yes people most definitely do pay these prices. otherwise, sellers wouldn't be charging these prices.

spartaxoxo

Linaleah wrote: »

spartaxoxo wrote: »

Linaleah wrote: »

spartaxoxo wrote: »

idk wrote: »

spartaxoxo wrote: »

idk wrote: »

BTW, Zos should develop an official mechanism for trading crowns, but it will not, and should not, be regulated by them. Nothing else in the economy is regulated by Big Bother Zos.

What they should do is eliminate the trading via the crown store, no more gifting. Then make it so what we actually buy is a token that can be traded or listed on a trader. Being able to list it on a trader would eliminate the risky part of trading.

They don't even need to use a token. Just make crowns an item you can list on the guild traders. That's what one mmo I played did the equivalent of, though they had an auction house system.

I prefer how SWTOR did it, which was via tokens. It worked great as it also meant crate items could be sold or traded. My guess is more people will like my idea as they can trade their mounts that dropped from crates.

They just made the crate items tradeable too in that other game. You could just list them in the auction house. Made it very straightforward. Cut's out trying to work out conversion. It was a wildly p2w game but literally everything could be purchased with coin directly.

I... would not call it pay to win. unless it has become one recently and I somehow missed actual powerful gameplay items being sold in cash shop that cannot be earned in game - its not pay to win. the closest thing to a pay to win were character boosts and given how fast it is to hit max level in SWTOR and that those character boosts did NOT unlock any of the datacrons, did NOT count towards legacy class unlocks etc - I don't see how its pay to win at all. its microtransaction hell and it absolutely lies about subscription being optional, but subscription is not pay to win - its pay to play.

I was talking about PWI not SWTOR. It was very p2w, but they justified that by pointing out that you could buy literally anything with coin. And they weren't wrong. You could buy anything with coin. As ZOS doesn't put power in the cash shop, that would be a non-issue in this game.

oh, I stand corrected. and yeah, Neverwinter is the same. not coincidentally - ran by the same company, whadaya know...

but anyways, I don;t expect prices to go down personaly, just because there is a sale. i know some people will roll their eyes at yet another mention of pandemic... but a lot of people did lose or had their income be greatly reduced by this pandemic we are still in. so demand for crowns has only been going up, while supply - weren't. larger sellers of crowns are savvy enough to know that they could just hold on to crowns if anything to sell them later, should people demand lower prices now. they are also savvy enough to know that new house and furnishing packs that are limited time - puts them unto a position of power here.

yes people most definitely do pay these prices. otherwise, sellers wouldn't be charging these prices.

Same here. I wouldn't expect crowns to go lower because there is a sale because why wouldn't the person buying the crowns want to enjoy their savings? The only reason for crowns to go lower is less demand, as is the case on console.