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How to fix console economy

MrGigglypants
MrGigglypants
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1) shorten posting duration to 48 hour's.
2) implement a posting tax of 15-20%.

These two things would create a buyers market because players could more readily refuse to purchase items at outrageous prices.this would be very detrimental to the eso"flippers" and healthy for the economy.this tax ofc would go to no one and simply be removed from the game.
  • Makkir
    Makkir
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    3) Allow players to advertise their wares on QVC.
  • Sithisvoid
    Sithisvoid
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    Or just go farm everything yourself until prices drop substantially
  • Makkir
    Makkir
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    1) shorten posting duration to 48 hour's.
    2) implement a posting tax of 15-20%.

    These two things would create a buyers market because players could more readily refuse to purchase items at outrageous prices.this would be very detrimental to the eso"flippers" and healthy for the economy.this tax ofc would go to no one and simply be removed from the game.

    on a serious note....you understand the steep taxes help remove gold from the in game economy right? An economy that is, or at least will be on console at some point, over saturated with gold because there are not enough gold sinks?
  • reguvin
    reguvin
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    There are too Many Buyers on Console and too Few Sellers...
    - Beta Tester
    - PC (2014-2015)
    - Playstation 4 (Since 2015)

    - Known for Trading & Guilds
  • MrGigglypants
    MrGigglypants
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    Makkir wrote: »
    1) shorten posting duration to 48 hour's.
    2) implement a posting tax of 15-20%.

    These two things would create a buyers market because players could more readily refuse to purchase items at outrageous prices.this would be very detrimental to the eso"flippers" and healthy for the economy.this tax ofc would go to no one and simply be removed from the game.

    on a serious note....you understand the steep taxes help remove gold from the in game economy right? An economy that is, or at least will be on console at some point, over saturated with gold because there are not enough gold sinks?

    That's the point of the tax? That's why I said its a healthy thing I think we agree lol
  • MrGigglypants
    MrGigglypants
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    reguvin wrote: »
    There are too Many Buyers on Console and too Few Sellers...

    No all the sellers are guild leaders the scalp their own guild and flip items because console only has 3-4 legitimate guild traders locations so this isn't even difficult to do once you have enough gold and time.
  • Makkir
    Makkir
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    Makkir wrote: »
    1) shorten posting duration to 48 hour's.
    2) implement a posting tax of 15-20%.

    These two things would create a buyers market because players could more readily refuse to purchase items at outrageous prices.this would be very detrimental to the eso"flippers" and healthy for the economy.this tax ofc would go to no one and simply be removed from the game.

    on a serious note....you understand the steep taxes help remove gold from the in game economy right? An economy that is, or at least will be on console at some point, over saturated with gold because there are not enough gold sinks?

    That's the point of the tax? That's why I said its a healthy thing I think we agree lol

    I misread your bullet point.
    No I actually don't like adding another tax. It's already steep enough.
  • GreenSoup2HoT
    GreenSoup2HoT
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    HOW ABOUT V16 PVP GEAR?

    HOW ABOUT V16 TRAIL'S THAT DROP BOE GEAR?


    Your suggestion to fix the economy will not work because there is hardly any merchandise to sell...

    It was a good day to pvp all day and use all your AP and receive a piece of Morang Tong or Shaowwalker and make a good 20-100k (depend's what you got).

    This was the time where it was okay to pvp none stop. We need more gear to sell in general.


    Edited by GreenSoup2HoT on December 24, 2015 1:57AM
    PS4 NA DC
  • americansteel
    americansteel
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    1) shorten posting duration to 48 hour's.
    2) implement a posting tax of 15-20%.

    These two things would create a buyers market because players could more readily refuse to purchase items at outrageous prices.this would be very detrimental to the eso"flippers" and healthy for the economy.this tax ofc would go to no one and simply be removed from the game.

    so you have hope for the economy to get better when the population dropped after several games was released recently?
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  • MrGigglypants
    MrGigglypants
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    HOW ABOUT V16 PVP GEAR?

    HOW ABOUT V16 TRAIL'S THAT DROP BOE GEAR?


    Your suggestion to fix the economy will not work because there is hardly any merchandise to sell...

    It was a good day to pvp all day and use all your AP and receive a piece of Morang Tong or Shaowwalker and make a good 20-100k (depend's what you got).

    This was the time where it was okay to pvp none stop. We need more gear to sell in general.


    The merchandise is mats and there is plenty.
  • eNumbra
    eNumbra
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    1) shorten posting duration to 48 hour's. .

    Why Zenimax, why would you take away the LOL button?
  • MrGigglypants
    MrGigglypants
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    eNumbra wrote: »
    1) shorten posting duration to 48 hour's. .

    Why Zenimax, why would you take away the LOL button?

    You're clearly new to mmos if you don't understand the purpose of short post duration. It offers a risk for overpricing.
  • JamilaRaj
    JamilaRaj
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    this tax ofc would go to no one and simply be removed from the game.

    The tax should be used on gear for those who risk their lives defending the country in Cyrodiil. If it were not for the patriots in the trenches, enduring horrors of The Lang, the Covenant would have long been overrun by the Commies or Chinese and *gasps* collectivized.
  • RAGUNAnoOne
    RAGUNAnoOne
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    Sithisvoid wrote: »
    Or just go farm everything yourself until prices drop substantially

    Agreed that's what I do.
    PS4 NA
    Argonian Master Race

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  • DaveMoeDee
    DaveMoeDee
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    How many of the people dominating markets transferred characters from PC?
  • reguvin
    reguvin
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    DaveMoeDee wrote: »
    How many of the people dominating markets transferred characters from PC?

    I did.

    But my Guilds are Active and they have the Best Quality Items for the Lowest Price


    The Funny thing is that the People who didnt come from the PC on my Server are trying to Dominate the Markets
    - Beta Tester
    - PC (2014-2015)
    - Playstation 4 (Since 2015)

    - Known for Trading & Guilds
  • MrGigglypants
    MrGigglypants
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    reguvin wrote: »
    DaveMoeDee wrote: »
    How many of the people dominating markets transferred characters from PC?

    I did.

    But my Guilds are Active and they have the Best Quality Items for the Lowest Price


    The Funny thing is that the People who didnt come from the PC on my Server are trying to Dominate the Markets

    It's not difficult but that doesn't make it ok. Simple tax and duration principle will combat flipping. It's just unhealthy for testing game and deters people from playing.
  • Dradhok
    Dradhok
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    How about a legitimate AH so guilds can be used for building strong community? Currently most guilds are pretty antisocial on console. The whole guild trader system is ill-conceived it turns guilds into weekly raffles where the members never actually do anything together.
  • Unsent.Soul
    Unsent.Soul
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    eNumbra wrote: »
    1) shorten posting duration to 48 hour's. .

    Why Zenimax, why would you take away the LOL button?

    You're clearly new to mmos if you don't understand the purpose of short post duration. It offers a risk for overpricing.

    In a system that we have now, guild traders, spread throughout Tamriel....


    This would only be detrimental towards at leaSt 75% of the playerbase. I price my wares at "sell now" prices but it all comes down to location.
  • DRXHarbinger
    DRXHarbinger
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    What are you worrying about? Temp alloys are now going for 15k and my guild has kindly agreed to inflate kutas to 20k. Most sword motifs go for 20k upwards. Robust agility rings for 100k and an easy grind. Get out there and farm some more, stop being lazy or reevaluate your prices and find a better guild store to sell in. Many better ways over writing on a forum that 3 people posted on.
    PC Master Race

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    Down With BOP!
  • flawless4812
    No matter what they implement it's a buyers market not a sellers market....... I never ever buy from a trader, only impatient people who want to spend 1000x the actual price do. Simply ask around in town and after a week I gurante you will find the item for alot less it just takes patience which most don't have......
  • DRXHarbinger
    DRXHarbinger
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    Innit. Also have something worth selling. I still come across people trying to flog me ambrosia fragments for 150k a pop lol. Daedric for 70k?? You can clearly tell they worked for months trying to get one somewhere only to miss the marker by some degree.
    PC Master Race

    1001CP
    8 Flawless Toons, all Classes.
    Master Angler
    Dro-M'artha Destroyer (at last)
    Tamriel Hero
    Grand Overlord
    Every Skyshard
    Down With BOP!
  • reguvin
    reguvin
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    I wish they Increased Member Size up to 1000

    This way you will have more Competition inside the Guild,
    wich means lower Prices in the end.
    - Beta Tester
    - PC (2014-2015)
    - Playstation 4 (Since 2015)

    - Known for Trading & Guilds
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