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You guys NEED to do a Server Reset!!!!
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Ecstatica✭✭✭They needed to do a server reset at about 5 minutes after the bid changes last night, when it was COMPLETELY obviously that it had gone catastrophically wrong.
Since then there has been over 19 hours of gameplay, there's no feasible way it can be rolled back. Though I am amazed that there has been no comment from them on this matter.Edited by Ecstatica on August 19, 2019 2:21PMFilthy Gorgeous
(PC/EU)2 -
Tandor✭✭✭✭✭
✭✭✭✭✭They needed to do a server reset at about 5 minutes after the bid changes last night, when it was COMPLETELY obviously that it had gone catastrophically wrong.
Since then there has been over 19 hours of gameplay, there's no feasible way it can be rolled back. Though I am amazed that there has been no comment from them on this matter.
There has. Keep an eye on Dev Tracker. It was acknowledged last night, and they confirmed this afternoon that they're still working on a resolution.Edited by Tandor on August 19, 2019 2:27PM2 -
kind_hero✭✭✭✭✭
✭✭ZOS could just list cheap mats and tempers in guildstores, thus the prices would drop
I am sorry for the new or casual players who struggle to upgrade their gear or craft certain things. I don't even want to check how much a mundane rune is now...[PC/EU] Tamriel Hero, Stormproof, Grand Master Crafter1 -
Thorvarg✭✭✭✭✭
✭✭✭I think it is well understandable who has received excessive repayments. These guilds / guild leaders, of course, the sum must be deducted again. Once they have spent this money, and thus exploited intentionally, they should be banned permanently and their assets confiscated.2 -
RexyCat✭✭✭✭They don't need to reset the servers. All they need is to take back the gold that was paid in excess, even if the guild bank amount goes into the negative.
That should fix the problem, and anyone who spent the money will be in a pickle of their own making.
How would that work? Imagine any guild that have abused this system which now have a negative amount to pay back that they would just start a new guild and move all their members to that new guild. It wouldn't solve anything the way things work now.
In worse case guild members would instead pay for what guild manager and officers (those that have admin rights to control and buy guild spots among other) did.
We also have issues with API getting locked down, so we can't see or track down guild history which adds more to this problem. No transparency make transfers (buy up and sell high level mats to turn Gold into items) to hide GM or/and related persons which have admin rights to do this in guild for the rest of its guild members.
//RexyCat2 -
Aurie✭✭✭✭✭
✭ZOS should have done an immediate rollback, but wasted time instead of getting on with it. Maybe because on a Sunday there is no one around to make important snap decisions. Now we are over a day down the line, during which time the server population has been carrying on with daily game life, and a rollback becomes more and more difficult.
Whatever happened, it is entirely their fault that thousands of players have been and will be inconvenienced....not to mention the exploitation due to the excess gold received by some guilds which, now that it has been laundered, is impossible to retrieve. And this is a gross understatement when you consider the ongoing impact on the economy.
I can’t imagine how they will be able to sort out this total fiasco now, as the moment for the correct decisive action is long gone.
However, it seems that the only way to deal with the situation is to bite the bullet and still do a rollback. But it would be a very unpopular course of action with many players, and the longer the delay the worse things get.0 -
Berserkerkitten✭✭✭✭I remember when a similar thing happened in EQ2 and it basically turned into pre-Euro Italy. I mean, sure, who even plays Everquest anymore, but it was still pretty bad for the handful of people left on the affected servers. :-/Nobody cares about your endless list of terribly-named characters.0 -
shaielzafine✭✭✭✭✭They should do a rollback. But I don't think they will, it's been a while since they should've done the rollback. I'm thinking it will be handled like the free necromancer class for the people that exploited the bug during the patch. People get to keep nice things as long as they do it before ZOS hotfixes it. They consistently are ok with people exploiting anyway, not just the free necromancer thing, in PvP as well.1 -
JN_Slevin✭✭✭✭✭The biggest Issue is that the more time passes the more a Rollback is needed, but at the same time it gets more unlikely...Work hard, and you will be rewarded. Spend wisely, and you will be comfortable. Never steal, or you will be punished.0 -
Kosbert✭✭We need to have the Rollback. It would be a kneefall to all these GM's who already invested this Multi Billions into Stuff on the Merchants.0
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Bosov✭✭✭✭✭barney2525 wrote: »Synapsis123 wrote: »Color me ignorant, but wouldn't the guild trading thing cause a drop in prices? If you can't sell your goods for a week then goods will pile up and you'll have to drop your price next week because of all the other people flooding the market as well. Or it will just break even because there are less goods being sold this week.
No, because now that they have literal Billions of gold, they will buy every last important item just because they can.
There will not BE any reasonable prices. And you have to include the fact that some of these guild leaders, This is the only reason they play this game. They love the economics. They love the challenge. Why do you think they ran right out and spent the gold? Because if they Didn't, it would be an easy situation for Zos to correct. It was intentional, and it was to corner the market on specific valuable items.
IMHO
You forget the part where they sell the gold... they could sell it illegal but could also sell it for crowns. Im sure Zenimax doesnt mind that...Xbox One - EU - GT : Bosov
PC - EU - @Bosov91
ESO Highight :
https://twitter.com/SlashLurk/status/8950683392733102082 -
purple-magicb16_ESO✭✭✭✭✭If they do a rollback now they will be flooded with tickets and very unhappy people because business has been going ahead as usual. Not sure what their solution will be or if it will just be left as is, but a rollback is becoming less and less likely as time goes on.I don't comment here often but when I do, I get [snip]0 -
Zer0_CooL✭✭✭✭✭
✭Seriously, it does not matter how much time has passed how many achievements were gained or anything..
The Economy WILL NOT RECOVER ANYTIME SOON if you dont do a Reset!
Alot of People already laundered the Free Gold, Everything will get STUPIDLY expensive. Mabye you dont realize it yet, but wait until Spell Power Potions will be 2k each!
I know it sucks, but there is literally no other way to stabilize the Game for the Moment.
Only if people are stupid enough to pay that amount.
There will always be rich players, don't like the prices they put stuff up for don't pay them, when people going to sell more notice that an item has been sitting for 7 - 10 - 20+ days they will undercut in order to sell their stock.
Any idiot can put an item up at a stupid price, takes a few minutes to shop around with the TTC website to find reasonably priced items your after and if there are none listed, wait a few days for more stock to be listed.
The moment you start paying a higher price and guilds MM stats show that a lot of that item sells at that price, people will start selling at that price until people stop buying it.
If this logic would actually work, we wouldnt have skillines in crown store.1 -
p_tsakirisb16_ESO✭✭✭✭✭
✭Seriously, it does not matter how much time has passed how many achievements were gained or anything..
The Economy WILL NOT RECOVER ANYTIME SOON if you dont do a Reset / Rollback!
Alot of People already laundered the Free Gold, Everything will get STUPIDLY expensive. Mabye you dont realize it yet, but wait until Spell Power Potions will be 2k each!
I know it sucks, but there is literally no other way to stabilize the Game for the Moment.
How? The money went to the coffers of the Trade Guilds. Not on the pockets of players.
Assuming those with access to the Trade Guild bank do not pick the money for their own benefits, there is nothing to cause inflation. And those Trade Guilds which "leadership" did plunder the Guild money, should be named and shamed publicly and never deal with them.Isn't it the guilds that have received all this excess money rather than individual players? If a few extra billion have gone into the guild bank then surely the GM can drop weekly charges for a few weeks or months? If anything goes up because the guild banks are overflowing with gold won't it be the weekly bids that get inflated rather than the individual items listed?
Not if they've already spent it buying up gold mats and the like.
Actually you assume that the guild GM who has access to the money of the guild bank, could plunder it, and go buy mats?
You serious? Because YOU could do that, not all other Guild Leaders are such unscrupulous scumbags.Edited by p_tsakirisb16_ESO on August 19, 2019 6:40PM0 -
therift✭✭✭✭✭
✭✭✭wait, sorry, what happened?
what free gold? why would prices spike up all of a sudden?
When a government issues far more currency than an economy needs, the currency suffers a dramatic loss of purchasing power. As a result, prices rise precipitously.
Scroll down to 'Money Supply'
https://en.m.wikipedia.org/wiki/Hyperinflation
Two classic examples of government-induced hyperinflation were the economic collapse of the Weimar Republic in the 20th century and the mishandling of the money supply in Venezuela in the 21st.
In ESO, the effect of the 'currency bombardment' from the failure of the kiosk bid system will have a similar effect as when President Maduro of Venezuela ran the country's currency presses at full speed. We may see the ESO version of pictures from the Weimar Republic, when citizens needed wheelbarrows to carry enough currency to buy one apple.
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KingMagaw✭✭✭✭✭
✭Rol back would mean ZOS admitting a mistake. That is never going to happen, even though it is fact GM's have received a massive influx of incorrect gold.2 -
idk✭✭✭✭✭
✭✭✭✭✭Is OP actually suggesting Zos delete all our characters and gear and we start over like this is a new game?
If so you can count me out. Hopefully Zos figures out a reasonable manner to deal with this.0 -
Knootewoot✭✭✭✭✭
✭✭✭٩(͡๏̯͡๏)۶
"I am a nightblade. Blending the disciplines of the stealthy agent and subtle wizard, I move unseen and undetected, foil locks and traps, and teleport to safety when threatened, or strike like a viper from ambush. The College of Illusion hides me and fuddles or pacifies my opponents. The College of Mysticism detects my object, reflects and dispels enemy spells, and makes good my escape. The key to a nightblade's success is avoidance, by spell or by stealth; with these skills, all things are possible."2 -
JN_Slevin✭✭✭✭✭Is OP actually suggesting Zos delete all our characters and gear and we start over like this is a new game?
If so you can count me out. Hopefully Zos figures out a reasonable manner to deal with this.
Not at all, I want them to restore the game to a point it was before the Trader flip happened..
Sorry English isn't my first language.Work hard, and you will be rewarded. Spend wisely, and you will be comfortable. Never steal, or you will be punished.1 -
AlnilamE✭✭✭✭✭
✭✭✭✭✭They don't need to reset the servers. All they need is to take back the gold that was paid in excess, even if the guild bank amount goes into the negative.
That should fix the problem, and anyone who spent the money will be in a pickle of their own making.
How would that work? Imagine any guild that have abused this system which now have a negative amount to pay back that they would just start a new guild and move all their members to that new guild. It wouldn't solve anything the way things work now.
In worse case guild members would instead pay for what guild manager and officers (those that have admin rights to control and buy guild spots among other) did.
We also have issues with API getting locked down, so we can't see or track down guild history which adds more to this problem. No transparency make transfers (buy up and sell high level mats to turn Gold into items) to hide GM or/and related persons which have admin rights to do this in guild for the rest of its guild members.
//RexyCat
Good point. Maybe reverse any withdrawals of gold before you reverse the guild funds, so that it's players that end up with a negative balance.The Moot Councillor0 -
SammiSakura✭✭✭✭Just ban the accounts of the guild masters that got the free gold
that seems a bit drastic
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p_tsakirisb16_ESO✭✭✭✭✭
✭wait, sorry, what happened?
what free gold? why would prices spike up all of a sudden?
When a government issues far more currency than an economy needs, the currency suffers a dramatic loss of purchasing power. As a result, prices rise precipitously.
Scroll down to 'Money Supply'
https://en.m.wikipedia.org/wiki/Hyperinflation
Two classic examples of government-induced hyperinflation were the economic collapse of the Weimar Republic in the 20th century and the mishandling of the money supply in Venezuela in the 21st.
In ESO, the effect of the 'currency bombardment' from the failure of the kiosk bid system will have a similar effect as when President Maduro of Venezuela ran the country's currency presses at full speed. We may see the ESO version of pictures from the Weimar Republic, when citizens needed wheelbarrows to carry enough currency to buy one apple.
Depends what you do with that money. If the governments use the money and put them down to the people hands yes you have inflation and hyper inflation.
If is been used to bail out banks, buy own gilts etc, like it has happened in 2008-2009 crisis it won't generate hyperinflation.
Similarly in ESO the money went to the Trade Guild Bank accounts not to the actual players.
True there are several scumbags Guild leaders who raided the trade guild bank accounts like it was their own pockets.
Those people are few, and barely a dozen it seems.
Most trade guilds have the money in the guild bank account, and the only thing that would inflate are the prices for the traders the next few weeks.
It won't affect the prices of goods sold neither the purchasing power of the players.
And bidding on traders is a money SINK. So this money over the next 3-4 weeks will disappear from the economy.
Of course people like you and many others, even in this very discussion, do not have a clue how economy & finance works, neither how this game works.
You all see yourselves on the mirror, believing every Trade Guild Leader is a unscrupulous scumbag.Edited by p_tsakirisb16_ESO on August 19, 2019 9:22PM0 -
p_tsakirisb16_ESO✭✭✭✭✭
✭Just ban the accounts of the guild masters that got the free gold
And what if the Guild Masters left the money in the Trade Guild Bank account?
Ours hasn't even logged yet, and we got back around 26,000,000 gold extra.
This money will be used on bidding for better trader next few weeks. Also the posting fees will be reduced by half until we go under 30million gold again.
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MLGProPlayer✭✭✭✭✭
✭✭✭✭✭It's time to shut down EU servers. Too many problems. It's obvious ZOS can't manage an MMO.7 -
therift✭✭✭✭✭
✭✭✭"Of course people like you and many others, even in this very discussion, do not have a clue how economy & finance works, neither how this game works.
You all see yourselves on the mirror, believing every Trade Guild Leader is a unscrupulous scumbag."
Edited by p_tsakirisb16_ESO on August 19, 2019 5:22PM
You should exercise caution when making such statements. You have no idea who I am, what I do for my occupation, nor my education. However, rather than making claims I have no intention of revealing my identity to support, I refer you back to the link I provided. It will enable you to understand how the mere presence of excess currency can cause inflationary behavior in an economy.
Your reference to the government bailouts does not apply. Those were money transfers, loans, and guarantees. The governments did not print vast quantities of currency to fund the bail outs. That, sir, is the reason why hyperinflation did not occur.
You are reading far more into my post than I have written. A simple question was asked: How does an influx of gold result in a sudden increases of player-set prices? I directed the questioner to the section on hyperinflation induced by increased money supply, which provides an in-depth answer. Of course this is merely for the questioner's curiosity, since there are only loose associations between the artificial economy of a video game versus a real-world economy.
In response to your assertion that I view 'every Trade Guild Leader as an unscrupulous scumbag'... you could not be further from the truth. I happen to be a 'Trade Guild Leader' involved in three guilds with 1,500 active players and waiting lists.
I know nothing about you, so I will refrain from the character assassination in which you choose to engage.9 -
Kosbert✭✭You have to take the gold out of the game. If ZOS is not reacting to this, it would kill all the integrity of the game, that was remaining. To be honest, a handfull of people getting duped gold. Instead of waiting for a reaction of the Devs, they using this obvious through a bug duped gold to launder their stuff.
If there are no actions after that from ZOS, why should someone bother to Pixel Bot in Craglorn ? Or buy or sell gold for Real Money ? If you allow one shady thing, you start taking a really bad way for the Integrity of your whole game.0
