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Does this game have an Economy?

Kammakazi
Kammakazi
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Edited by Kammakazi on August 10, 2015 7:32AM

Does this game have an Economy? 189 votes

Yes.
57%
NestordriosketchBlackhorneMisterJimothyjoshisanonymousHagbard_OMLuxLunaeDirtySmeegs33Messy1Seliquelolo_01b16_ESOArkadiusPendrillionStarwhitekoettywesly.backersb16_ESOEtanielTurelusJD2013Yakidafi 109 votes
No.
42%
brenton490_ESO2MorbashGothicFelixTheCattdarthgummibear_ESOMojmirPsychobunniDiviniusForestd16b14_ESOBigMMaggotForeverMalediktusRebArthur_SpoonfondlekyrowskiLleksusupernicoLittledoomBleakravenH3Li0S 80 votes
  • Winterpsy
    Winterpsy
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    No.
    There is some kind of economy. But it's mostly about super-legendary stuff.

    I believe it's difficult to browse the shops' content. On console using the numerous filters, just to realize they dont sell any of those type. Its the bane to market of crafter potions, foodstuff, baits, or any other consumables really.

    Easier to just craft it for yourself or visit a tavern to get some sub-par quality food/drink.
    If there was some kind of global marketplace with an option to see where they sell for instance consumables it would change a -lot-.

    I usually check the shops for provisioning recipes, dwemer books and traited pieces. Everything else I dont really need.
    Big fat Nord Dragon knight with a huge hammer. - Tank
    Stealthy argonian witch templar - Healer (lowbie)
  • Elektrakosh
    Elektrakosh
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    No.
    It is and isn't. The "rich" get "richer" and I can't afford a thing.

    Not bothering with guild market places because of it. I wish there were decent drops in game. I'm incredibly unlucky finding anything to craft with/armour that actually protects me.
    Argonian Painted-By-Elements -Pure Sorceress- Daggerfall Covenant. V1 I hate recipes!
    Altmer Elekwen aka The Pale Lady -Sorceress- Aldmeri Dominion. Vampire Lvl 8
    EU/UK. Xbox One.
    Gtag: Elektra K Otana.

  • Sil
    Sil
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    No.
    There are the shops of the clans i am in - more a funny hobby for me to provide cheap stuff people might need. But I put it more and more directly in the guild banks as the effort is lesser. The only economy is "the black market" on the streets where you sell sometimes expensive or much-needed stuff in region.
    * auch wenn ich mich aufrege, rege ich mich nicht auf*
  • J2JMC
    J2JMC
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    Pc it's probably good. Consoles got destroyed before the game was released.
    Knee Jerk, L2P, Obtuse, Casual, Entitled, All The Best, unnecessary mention of CoD

    Battle leveling for pve content defeats the idea of progression. Remove CP

    "Apparently the players are more informed than we are"-Richard Lambert

  • LadyDestiny
    LadyDestiny
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    No.
    Console economy is terrible atm. Hope it improves or they come up with a solution in the future..
  • Mojmir
    Mojmir
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    No.
    I hate how everyone says in mmos, "economy".it's a game,you cant take it with you.sure someone can sell gold or items for real life cash,that's an economy. Gold in eso useless.AP will become useless in next patch.stockpiling pixels, is useless in eso.
  • Turelus
    Turelus
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    Yes.
    I would say yes.

    It's nothing as complex as EVE Online or games with advanced economies like that.

    I think the best example for ESO was when 1.6 was released and Martial Knowledge became the new FOTM. There was a high demand for a "rare" item set at the time with everyone paying almost 100k for an item.

    However as the secrets to farming it became more wide spread and the market was flooded with it the prices started to fall, a great example of supply and demand.

    I don't think you'll ever get a massive expansive economy outside of a true sandbox game however, as there are very few items removed from this game and very little losses in gold, thus you just slowly over time see inflation.
    There is also the fact that many of the more casual players don't know the ways to make money like others, so they're left feeling too poor to buy items which other see as a common and fair price.
    @Turelus - EU PC Megaserver
    "Don't count on others for help. In the end each of us is in this alone. The survivors are those who know how to look out for themselves."
  • iord_stryker
    iord_stryker
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    I just want standard prices for items so I know how much is realistic to sell for or if I'm getting ripped off buying from someone else.
  • Turelus
    Turelus
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    Yes.
    I just want standard prices for items so I know how much is realistic to sell for or if I'm getting ripped off buying from someone else.

    Generally whatever the guilds in Craglorn are selling for are the base line prices. They will sell them at the highest they can achieve whilst still making sales. There will never be a standard price in a game like this because of supply, demand and inflation.

    @Turelus - EU PC Megaserver
    "Don't count on others for help. In the end each of us is in this alone. The survivors are those who know how to look out for themselves."
  • Reb
    Reb
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    No.
    Turelus wrote: »
    I just want standard prices for items so I know how much is realistic to sell for or if I'm getting ripped off buying from someone else.

    Generally whatever the guilds in Craglorn are selling for are the base line prices. They will sell them at the highest they can achieve whilst still making sales. There will never be a standard price in a game like this because of supply, demand and inflation.

    quite the opposite in fact, as a good amount of the craglorn prices (on console) are manipulated :)

    Edited by Reb on August 10, 2015 9:40AM
  • Prof_Bawbag
    Prof_Bawbag
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    I go into these guild stores just for a laugh. I wonder what goes through some of these sellers heads. The worst one I've browsed through had the blue motifs listed for around 10k. Really? People would pay more than 1000g for these? I have the worst luck with the rng Gods, but even I've found my fair share of blue motifs. The chances are too, that if you're gullible enough to pay these high prices you have little comprehension on how the crafting system works, so these motifs become even more pointless.

    Then there's the white items, that are complete junk going for farcical amounts. Some people have even deluded themselves into thinking race crafting materials are worth asking 1k for around 30. The only reason you'd have to buy those is if you loot nothing. I have those crafting materials coming out of my character's ears.
  • Turelus
    Turelus
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    Yes.
    Reb wrote: »
    Turelus wrote: »
    I just want standard prices for items so I know how much is realistic to sell for or if I'm getting ripped off buying from someone else.

    Generally whatever the guilds in Craglorn are selling for are the base line prices. They will sell them at the highest they can achieve whilst still making sales. There will never be a standard price in a game like this because of supply, demand and inflation.

    quite the opposite in fact, as a good amount of the craglorn prices (on console) are manipulated :)

    The same with PC, however these are the baseline prices people are willing (and do) pay.

    If you sell you items are these prices or below, or purchase at these prices or below you're running on what the general accepted price for an item is.
    @Turelus - EU PC Megaserver
    "Don't count on others for help. In the end each of us is in this alone. The survivors are those who know how to look out for themselves."
  • Karrma
    Karrma
    Soul Shriven
    No.
    I would say no, in the counsel editions the " economy " is so broken one day elegant lining would be selling 7k and by the next its only worth 500 gold. It is terrible, the guild traders are to high in price and trading from player to player is not only dangerous but also not consistent. There is no economy.
  • Messy1
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    Yes.
    There is an economy, but it needs a revamp:

    -In addition to guild traders there should be faction wide trading option, perhaps it will cost more to post on the faction wide trade system making guild more preferable, but still providing an alternative

    -Vendor items need to be revamped so that players have a reason to spend money on NPC items. Even in lower level areas

    -Hopefully when ZOS develops the Justice System a bit more we will see more economy options.

    I am still glad there is not world wide auction house, but the current system needs a little more revision and revamp.
  • Mighty_oakk
    Mighty_oakk
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    Yes.
    Turelus wrote: »
    I just want standard prices for items so I know how much is realistic to sell for or if I'm getting ripped off buying from someone else.

    Generally whatever the guilds in Craglorn are selling for are the base line prices. They will sell them at the highest they can achieve whilst still making sales. There will never be a standard price in a game like this because of supply, demand and inflation.

    The craglorn traders are poo on ps4 na. Rawl'ka where all the good guilds are.
  • akaBruce
    akaBruce
    No.
    I think a system similar to the grand exchange in RS would be cool. Of course if Zenimax wants to add such a huge feature, they will need to think it through extremely carefully. I don't think I need to justify my thoughts in this post though, some might agree and some won't.
  • Caesar Tantalia
    Caesar Tantalia
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    Yes.
    I voted yes. There is definitely an economy. I trade almost daily and can see the impact of various factors on the price of goods. People know a way to farm item x but popularity of x is the same, price of x will drop.

    Could it be better - yes. Even on pc with addons, people can manipulate prices.

    They allready said that an AH is not possible but I wonder if this would be possible: guild traders would offer an option to expand to other cities. It would be an option you have to bid on. Only one guild trader can be connected to a certain city. The other guild traders can connect to other cities though. I would imagine that some city links are going to be more wated (Rawl) than others.

    So if trader x in city y has bought the option to connect to city z, all guild traders of city z can see and buy the goods of trader x - not the other way around (unless trader A in city z has bought the option as well).

    The option itself could be a Traveling trader of some sort.
  • Tandor
    Tandor
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    No.
    Turelus wrote: »
    I just want standard prices for items so I know how much is realistic to sell for or if I'm getting ripped off buying from someone else.

    Generally whatever the guilds in Craglorn are selling for are the base line prices. They will sell them at the highest they can achieve whilst still making sales. There will never be a standard price in a game like this because of supply, demand and inflation.

    Another indication that what economy there is applies to high level players only.
  • starlizard70ub17_ESO
    starlizard70ub17_ESO
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    Yes.
    Yes, there is an economy, but it's sort of broken and only usefull for higher ,vet level players.
    "We have found a cave, but I don't think there are warm fires and friendly faces inside."
  • Kleptobrainiac
    Kleptobrainiac
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    Yes.
    Yes, it does, but it's much like the American economy where it only benefits the top 1%.
    The artist formerly known as StaticWax.
  • Mighty_oakk
    Mighty_oakk
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    Yes.
    I know someone who sold their trade guild for abunch of $ irl. Surprise he was a pc transfer.
  • mcurley
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    It seems that console is just lagging behind in the economic aspect of ESO. Eventually you'll see less ridiculous pricing as supply and demand level each other out.

    As a casual gamer who isn't at end-game content yet I really like the economy on PC. I can usually find whatever I'm looking for quickly and for a fair price. Also, selling things is very easy since gold isn't too hard to come by in this game. I usually sell all set pieces, motifs that I don't need, and anything purple and I make a decent chunk of change this way every week.

    For the Covenant!
    Svvord - magicka NB
    Lavv - magicka DK
    Povver - stamina NB
    Psylint - stamina NB
    Yelruc - magicka Sorc
  • Forestd16b14_ESO
    Forestd16b14_ESO
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    No.
    If there was one it's long been ruined by the greedy player merchant and player merchant guilds charging way over priced for simple items and not so simple items. I'm 77% sure a part of a psijic drink isn't worth 125,000 gold.
  • Divinius
    Divinius
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    No.
    Though I suppose you can make the argument that a horribly unstable and broken economy is still technically an economy...
  • BigM
    BigM
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    No.
    Without them changing how the AH between guilds work the economy will always be bad in this game. I was never a fan of the AH Horse or Donkey (the one add they use a donkey) but as time has gone this could be the one thing that did save the economy. We would just need 1 AH Horse in each area but have them connected so we see all transactions. Which would also mean we can go back to the one guild. Never understood how you can be loyal to a guild when you have 5 you need to be connected too. Just a stupid idea when the game was in development.

    Only thing that would scare me is the developers wouldn't know how to code it so it wouldn't add more lag.
    Edited by BigM on August 10, 2015 1:35PM
    “The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge.”
    ― Stephen Hawking
  • Audigy
    Audigy
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    No.
    To have an economy, we would need places to go, but sadly all trading happens inside guilds. If someone wants to sell 100 iron, then where should he go to? There is no market place for this good, same with motifs and others.

    All you can do is join 5 trade guilds and hope that you are in the right one and that they trade said goods.

    In my opinion, we must be given better tools to trade, tools that give us locations, prices and people to trade with.
  • AlnilamE
    AlnilamE
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    Yes.
    I do love watching the supply/demand curves every time something changes in the game.

    The clearest example was the Psijic Ambrosia fragments/potions/roe, but it happens with other stuff too.
    The Moot Councillor
  • Brrrofski
    Brrrofski
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    There is of sorts.

    Prices on EU xbox have nosedived the past week.

    Especially on resin. Everyone's farming the pigs in Glenumbra so it's dirt cheap. Dreugh wax is often found at 2k now. It was 7 last week.
    Edited by Brrrofski on August 10, 2015 1:40PM
  • phairdon
    phairdon
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    Yes.
    I go into these guild stores just for a laugh. I wonder what goes through some of these sellers heads. The worst one I've browsed through had the blue motifs listed for around 10k. Really? People would pay more than 1000g for these? I have the worst luck with the rng Gods, but even I've found my fair share of blue motifs. The chances are too, that if you're gullible enough to pay these high prices you have little comprehension on how the crafting system works, so these motifs become even more pointless.

    Then there's the white items, that are complete junk going for farcical amounts. Some people have even deluded themselves into thinking race crafting materials are worth asking 1k for around 30. The only reason you'd have to buy those is if you loot nothing. I have those crafting materials coming out of my character's ears.

    Try a Imperial motif for $100,000, or a level 1 steel helmet for $20,000.
    Your immersion is breaking my entitlement. Buff Sorc's. Darkshroud the cremator Death by furRubeus BlackFluffy knight BladesThe Fat PantherPsijic Fungal SausageFlesheater the VileCaspian Rafferty FernsbyArchfiend Warlock PiersThe Black BishopEvil Wizard Lizard (EU)Neberra Vestige Fajeon (EU)Salanis Deathstick (EU)Blood Mage Alchemist (EU)
  • Reverb
    Reverb
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    phairdon wrote: »
    I go into these guild stores just for a laugh. I wonder what goes through some of these sellers heads. The worst one I've browsed through had the blue motifs listed for around 10k. Really? People would pay more than 1000g for these? I have the worst luck with the rng Gods, but even I've found my fair share of blue motifs. The chances are too, that if you're gullible enough to pay these high prices you have little comprehension on how the crafting system works, so these motifs become even more pointless.

    Then there's the white items, that are complete junk going for farcical amounts. Some people have even deluded themselves into thinking race crafting materials are worth asking 1k for around 30. The only reason you'd have to buy those is if you loot nothing. I have those crafting materials coming out of my character's ears.

    Try a Imperial motif for $100,000, or a level 1 steel helmet for $20,000.

    I sell level 1 weapons for 25k all the time. I'll bet most people here know why...
    Battle not with monsters, lest ye become a monster, and if you gaze into the abyss, the abyss gazes also into you. ~Friedrich Nietzsche
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