Does ESO need a Gold Sink? PCNA

Xuhora · February 23

Yes way too much Gold in the ESO Community

What comes to my mind is a goldsink via mount training.
Make it unlimited per day, rather then just 1 lesson, but with a ramping cost for each stat, every lesson after the first would double in cost.

this would give an option for older players with more Gold while not impacting newer players negativly. this would also be a goldsink which is optional, but highly used since its a QoL improvement.

LunaFlora · February 23

No

housing seems to already be a gold sink due to all the houses and furnishings we can buy with gold.

some achievement and luxury furniture costs 100k+
and 4 houses cost nearly 4 million gold.

Plus nearly every year we get a 1 million gold house like Water's Edge and Emissary's Enclave.
this year probably Rosethorn Hall in Skingrad.

Dark_Lord_Kuro · February 23

ElderSmitter wrote: »

Like for instance. If there was a Rare Skin Vendor. You could buy 50-250 million Gold Skins or Mounts (Bound). That would be an Effective Gold Sink but then Crown Store would Suffer. So, it would have to be something else. But I wish we had something like that.

That would cost way too much, on console at least.
The gold problem is much more prevalent on pc

ADarklore · February 23

No

I would much rather PLAY the game, instead of having to find ways to make gold so I can afford expensive things. As it is, it costs a small fortune to gold out your gear, and with so many sets and new ones being added, it becomes a pain for players who actively upgrade their gear. I've been playing ESO for YEARS, and I probably only have 800K sitting in my bank.

duagloth · February 23

Trade gold for crowns or gems.through the game and not a third party. That's the only gold sink we need.

TybaltKaine · February 23

AN NPC Vendor that sold the crown store cosmetics would be the gold sink. Problem is, ZOS would rather empty people's actual wallets. To be fair, we as players continue to enable that system by spending ungodly amounts of money on it, so here we are.

the1andonlyskwex · February 23

Necrotech_Master wrote: »

like if monster shoulder boxes cost gold instead of keys, i would 100% buy them to finish my collection, same goes for any of the cyro gear boxes or IC gear boxes, or even infinite archive gear boxes

It's not exactly monster shoulder boxes, but The Golden vendor that shows up on weekends regularly sells monster shoulder pieces for gold.

What I would do as a gold sink is just increase the trader listing fees dynamically (i.e. when the gold supply in game goes up, so do the fees).

I would also replace the current guild trader system with a global auction house (with fees related to item sale prices) to reduce the divide between the "haves" (i.e. members of trading guild that regularly get big city traders, and who therefore get rich off of the current system) and the "have nots" (everyone else, who goes broke off of the current system), but that's more of a QoL improvement than an inflation remedy.

Northwold · February 23

Yes way too much Gold in the ESO Community

the1andonlyskwex wrote: »

Necrotech_Master wrote: »

like if monster shoulder boxes cost gold instead of keys, i would 100% buy them to finish my collection, same goes for any of the cyro gear boxes or IC gear boxes, or even infinite archive gear boxes

It's not exactly monster shoulder boxes, but The Golden vendor that shows up on weekends regularly sells monster shoulder pieces for gold.

What I would do as a gold sink is just increase the trader listing fees dynamically (i.e. when the gold supply in game goes up, so do the fees).

I would also replace the current guild trader system with a global auction house (with fees related to item sale prices) to reduce the divide between the "haves" (i.e. members of trading guild that regularly get big city traders, and who therefore get rich off of the current system) and the "have nots" (everyone else, who goes broke off of the current system), but that's more of a QoL improvement than an inflation remedy.

I think your proposal on an auction house would actually have an impact in reducing inflation, for reasons I mentioned above. The present trading system excludes players from selling who won't join guilds. But it doesn't exclude players from *buying* stuff. And they do buy stuff. Excluding those players from selling just means they get the money to buy stuff from the game itself instead of from selling things, by changing their play style to create more gold eg from dungeon farming, doing huge numbers of crafting writs, etc. That is inflationary. It is behaviour that creates money from nothing without any matching change in economic "output".

That said, personally I'd be happy with a compromise using NPC traders doing the same job as guild traders without requiring guild membership, but with higher taxes. A lot of people seem to like the decentralised nature of the trading system and I wouldn't mind seeing a compromise that preserves that while getting rid of the player-controlled guild gate to being able to sell.

jlmurra2 · February 23

No

There are already plenty. No need for more.

Adremal · February 23

No

Another gold sink? By Zenithar, how horrifying!

Artim_X · February 23

No

No, absolutely not! Housing and fashion are endgame, once you engage with them, then you will learn.

Also as mentioned above, you can always spend your money on the Golden vendor in Cyrodiil to skip the grind for gold jewelery and monster sets.

Drammanoth · February 23

No

buying and selling stuff is expensive as it is

Necrotech_Master · February 23

the1andonlyskwex wrote: »

Necrotech_Master wrote: »

like if monster shoulder boxes cost gold instead of keys, i would 100% buy them to finish my collection, same goes for any of the cyro gear boxes or IC gear boxes, or even infinite archive gear boxes

It's not exactly monster shoulder boxes, but The Golden vendor that shows up on weekends regularly sells monster shoulder pieces for gold.

What I would do as a gold sink is just increase the trader listing fees dynamically (i.e. when the gold supply in game goes up, so do the fees).

I would also replace the current guild trader system with a global auction house (with fees related to item sale prices) to reduce the divide between the "haves" (i.e. members of trading guild that regularly get big city traders, and who therefore get rich off of the current system) and the "have nots" (everyone else, who goes broke off of the current system), but that's more of a QoL improvement than an inflation remedy.

its only 2 random offerings per week, and because of the collection system you would only need to buy anything you didnt have collected (i have bought stuff from the gold vendor i think once in the past 4-6 months because its just never had anything i needed anymore, and i usually use AP to buy stuff from there instead of gold)

not to mention the whitestrake events entirely remove monster sets from the gold vendor for 2 solid weeks

been waiting years now for illambris shoulders to show up there (as well as a few others)

at this point i would rather waste my gold on buying the shoulder boxes from the undaunted vendor (i would only use undaunted keys if the boxes were curated)

the listing fees for items are already a % of the amount your listing the item for, if you talk about scaling that relative to the total amount of gold in the game, if that got too high it would destroy the economy (people would stop selling on guild stores and zone chat would become WTS spam)

and a global auction house system would make it worse for players, one reason is in all likelyhood prices would actually greatly increase on a number of items, flippers would make it severely worse by having an easier time cornering the market on some item, if the prices of items go up, so would the fee to list (due to it being a % of listing amount), making it harder for poor players to list anything of real value unless they wanted to just undercut the market and lose out on the potential gold by selling it for 1/4 of the avg price

theres plenty of ways to add a gold sink without changing the existing trader system

SilverBride · February 23

I just like being ESO Rich!

I make a lot selling on our trader, but I also spend a lot on houses and furnishings and mats to craft furnishings. This is enough of a gold sink for me.

ssewallb14_ESO · February 23

No

I think ZOS needs to chill with the gold printing a bit, especially on daily login rewards. It would be a lot easier on the economy than adding more gold sinks to a game that already has many.

Some helpful changes could be:

-Print more tradable "stuff" for login rewards instead of gold (Gold Mats, Maybe some tradable consumables, Survey Maps, etc).
-Nerf the gold received for writ turn in a bit
-Increase the rarity of high value vendor junk

CameraBeardThePirate · February 23

Yes way too much Gold in the ESO Community

Lots of people in this thread having 0 clue what a gold sink is.

Buying something expensive from another player on a guild trader is NOT a gold sink. A gold sink removes gold from the economy. Sure, renting out a trader does this, but the prices are set by the richest players at auction, so it isn't a very effective one. PC NA is in dire need of a new one - inflation is crazy. Over the past 2 years, prices of nearly everything have doubled, with no sign of slowing down.

Czeri · February 23

Yes way too much Gold in the ESO Community

Housing used to be a gold sink when it was introduced. I remember that it took me a while to buy all the houses available. Nowadays there's only one house per year that can be bought for gold (inn rooms don't count).

I suppose nowadays players passively accumulating gold with not much to spend it on have become gold sinks themselves...

Jhava · February 23

No

.

CameraBeardThePirate wrote: »

Lots of people in this thread having 0 clue what a gold sink is.

Buying something expensive from another player on a guild trader is NOT a gold sink. A gold sink removes gold from the economy.

But it is a sink. A tax based sink.

Because the sink is % based, the higher the value of the listing and sale price the more gold is removed. That's an effective sink.Compound this by the pure volume of sales on the server, and its pulling a massive amount of gold out of the system overall.

CameraBeardThePirate · February 23

Yes way too much Gold in the ESO Community

Jhava wrote: »

.

CameraBeardThePirate wrote: »

Lots of people in this thread having 0 clue what a gold sink is.

Buying something expensive from another player on a guild trader is NOT a gold sink. A gold sink removes gold from the economy.

But it is a sink. A tax based sink.

Because the sink is % based, the higher the value of the listing and sale price the more gold is removed. That's an effective sink.Compound this by the pure volume of sales on the server, and its pulling a massive amount of gold out of the system overall.

It's very clearly not an effective sink to combat inflation on PC NA though, or inflation wouldn't be as bad as it is.

Lemurejo · February 23

Yes way too much Gold in the ESO Community

Yes

Guess a niceway to sinkgold should be a new "bank" for the furnishing like a "Warehouse" so we don't have to use other houses as gargabe depots

We solve two problems the managing of these furnishings and Gold

it could be up to 1000 spaces so there's a lot of gold we can use there, it's not necesary to bet a new npc just another opcion on your currents bankers and also Zos CAN get some money selling these upgrades n the crown store too.

Too we could get a gambling like GW2 has

Necrotech_Master · February 23

Jhava wrote: »

.

CameraBeardThePirate wrote: »

Lots of people in this thread having 0 clue what a gold sink is.

Buying something expensive from another player on a guild trader is NOT a gold sink. A gold sink removes gold from the economy.

But it is a sink. A tax based sink.

Because the sink is % based, the higher the value of the listing and sale price the more gold is removed. That's an effective sink.Compound this by the pure volume of sales on the server, and its pulling a massive amount of gold out of the system overall.

its a pretty negligible amount

the listing fee is 1% of the listing price, so a 1 mil gold listing is only removing 10k gold as the fee

the tax after a sale occurs is 7%, but only half of that is a sink, the other half goes into the guild bank

1% is lost in the listing fee (not included in the amount the item is selling for) and another 3.5% is lost on the actual sale

1 mil gold listing removes 10k (listing fee) + 35k (sales tax) as a sink

if either the listing fee or the tax was increased though, people would just stop using the guild stores to list stuff and we would be dealing with WTS spam in zone chat

jad11mumbler · February 23

Yes way too much Gold in the ESO Community

Many who are answering this poll don't know what a gold sink actually is, as such, it's inaccurate.

jad11mumbler · February 23

Yes way too much Gold in the ESO Community

Jhava wrote: »

TaSheen wrote: »

Jhava wrote: »

Transactions between players on the guild trader is actually also a gold sink.

Not really. An actual "gold sink" removes gold from the game. Transactions between players just moves gold around. The only "gold sinc" involved in trading is guild bids for traders.

Transactions between players through a guild trader is a gold sink, and removes gold from the game.

Barely.
It'll remove 1% for the listing fee, and then a following 3.5%.

That's negligible.

jad11mumbler · February 23

Yes way too much Gold in the ESO Community

Narvuntien wrote: »

The gold sink is the guild trader system.

Which is a bad one, many players simply don't interact with that system outside of selling items on a trader.

jad11mumbler · February 23

Yes way too much Gold in the ESO Community

Drammanoth wrote: »

buying and selling stuff is expensive as it is

Yes, because of gold inflation due to a lack of gold sinks...

jad11mumbler · February 23

Yes way too much Gold in the ESO Community

I've made at least a billion mainly off of writs alone.

LunaFlora wrote: »

housing seems to already be a gold sink due to all the houses and furnishings we can buy with gold.

some achievement and luxury furniture costs 100k+
and 4 houses cost nearly 4 million gold.

Plus nearly every year we get a 1 million gold house like Water's Edge and Emissary's Enclave.
this year probably Rosethorn Hall in Skingrad.

All one time purchases which are pretty small.
I can make enough gold in a week off of writs and selling the rewards to buy all of those houses.
Which I have done since I own every house ever sold.

moo_2021 · February 24

No

Jhava wrote: »

But it is a sink. A tax based sink.

which gives me the idea - income tax anyone?

and redistribute some of it to us the poor.

bmnoble · February 24

Yes way too much Gold in the ESO Community

Just needs more things that you would actually like to buy from NPC merchants with gold.

Add something like a merchant that sells a dozen or so randomly selected older things from the crown store each month for a large chunk of gold per item.