How's the game's economy now? considering the duping before, bots and gold sellers.

alphawolph · June 2014

Pele wrote: »

I am curious.

For those of you who say there is no economy:

- How often do you trade?

Like one on one with another player? Never.

Pele wrote: »

- Do you buy or sell?

I have never bought anything from another player. I make anything I need.

Pele wrote: »

- How do you trade (stores, chat, other)?

I sell recipes and motifs in the guild stores. They seem to be the only thing that sells. I vendor everything else.

Pele wrote: »

- What are you trading?

See above. Recipes and motifs are the only thing I've ever been able to sell.

Fairydragon3 · June 2014

alphawolph wrote: »

I make everything I need and vendor the rest. What economy?

yeah i really only buy motifs, and use the guild store for getting more research material when my queue is ready

AinGeal · June 2014

Looks like there is no end game flow. Diminishing returns on repair would fix that.

Also, it looks like it's possible to have your cake and eat it too. What I mean by this is that anyone can max out their build and max out the crafting they need to be self sufficient. There's a reason why many games restrict players to being able to master just one (maybe two) crafting skills.

FunkyBudda · June 2014

when people are hollering in zone chat willing to paying 400K gold and 10k finder's fee for purple food V5 recipes, you know the economy is ***...

cf398ub17_ESO · June 2014

Nephys wrote: »

@Dovel I doubt that 'everyone' is using the useless guild stores. Many simply do not bother using them all - as you say, you have so much gold that you don't bother to sell and I think the same is true for many others.

- yeah i have not been using guild stores there is nothing good any any of mine its usually just a bunch of low level crap

JessieColt · June 2014

Economy is based on Supply and Demand.

I have enough money to do what I need to do in the game.
So for me, the economy is just fine.

I farm and sell materials and earn more money than the vendor cost for the stuff I am selling.

sigsergv · June 2014

Pele wrote: »

I am curious.

For those of you who say there is no economy:

- How often do you trade?

Not so often, usually I'm only selling ore I collect during area exploration.

- Do you buy or sell?

Both.

- How do you trade (stores, chat, other)?
-

Usually zone chat only.

- What are you trading?

Selling ore, buying items for traits research, food components (hops, pepper, etc). Sometimes I sell traited weapon/armour, by request from zone chat usually.

I sell all armour/weapon to npc traders, except blue/purple ones. Used to buy raw wood/clothing mats but since refining nerf it's pointless.

Most of my money goes to repairs and respec.

$infraction2008b16_ESO$ · June 2014

What economy?

sigsergv · June 2014

Actually we need not AH but bulletin board. There are a lot of people who want to sell their services and a lot of people who want to buy. And nothing to connect them.

Crafters cannot sell their crafting services, the only available way is to spam zone chat. Guild population is not enough and also we don't have guild forums (or any other kinds of notifications/bulletin system).

sigsergv · June 2014

LonePirate wrote: »

The daily quests in Craglorn and Cyrodiil are a great way to accumulate several thousand gold each day and every day. It is also very easy to farm nodes in Craglorn, then you just need to visit your favorite bank or location that drops racial stones and you can make several hundred gold very easily. One does not need to farm mobs to obtain gold.

Mobs farming (wolves/zombies/skeevers) could reward you tens thousands a day. Wolves drop: armor, weapon (including rare sets), foul hide (900g stack), leather strips (could be sold for about 1000-2000g/stack or refined for crafting mats), glyphs.

Sil · June 2014

sigsergv wrote: »

LonePirate wrote: »

The daily quests in Craglorn and Cyrodiil are a great way to accumulate several thousand gold each day and every day. It is also very easy to farm nodes in Craglorn, then you just need to visit your favorite bank or location that drops racial stones and you can make several hundred gold very easily. One does not need to farm mobs to obtain gold.

Mobs farming (wolves/zombies/skeevers) could reward you tens thousands a day. Wolves drop: armor, weapon (including rare sets), foul hide (900g stack), leather strips (could be sold for about 1000-2000g/stack or refined for crafting mats), glyphs.

True. And you can also do it singleplayer the whole day. Funny thing, this.. I would call this a really good MMO economy, what else...? (Trollalarm squad: not one single negative word in this post)

Tandor · June 2014

coryevans_3b14_ESO wrote: »

Tandor wrote: »

If you are not in a trading guild there is no economy, and if you are in a trading guild there is not much of an economy.

Economics classes would teach you a lot. If there is a common price for something, that means there is an economy. So whether or not you are in a trade guild, there is still common prices for items that people sell.

Vuron's answer to your comment is spot on.

Oh, and I took Economics (and passed) in 1969

!

TagaParti · June 2014

As I asked for your opinions, I should also share mine. I was just doing quest most of the time, until I decided to work my armors into much better ones, then I found myself unable to turn them into legendaries. I want a legendary ancient elf set. Then I tried to find items thru zone chat, sometimes someone will sell at a negotiable price, sometimes it will become more expensive. And there are times when oils are hard to find, embroideries are cheaper, the next few days it will be the other way around. Improvement items are always in demand, some are looking for enchant rune like Kuta, motiffs too although they are becoming cheaper compared to last month. Now more and more are selling crafted item set, legendary daedrics, but theyre way expensive coz of the recipes needed to make them. Now that I always trade on zone chat, I already know the range of prices for each item. Other players also know it that's why they dont sell so cheap. Players still value gold, they dont want to trade thru cod when the deal goes more than 10k coz the cod fee will be much of a burden.
Another way I did to check the value of gold is I went to every zone in EP faction, I did a hide and seek game for a prize of gold, the game became so much fun as everybody in the zone participated to look for me because of the gold. So I think it is safe to say, the economy is alive in this game! The damage of dupe, bots and goldsellers are done, but the games economy is holding on, thanks to item decay and deconstruction. This is just my own opinion though. ^^

Pele · June 2014

TagaParti wrote: »

As I asked for your opinions, I should also share mine. I was just doing quest most of the time, until I decided to work my armors into much better ones, then I found myself unable to turn them into legendaries. I want a legendary ancient elf set. Then I tried to find items thru zone chat, sometimes someone will sell at a negotiable price, sometimes it will become more expensive. And there are times when oils are hard to find, embroideries are cheaper, the next few days it will be the other way around. Improvement items are always in demand, some are looking for enchant rune like Kuta, motiffs too although they are becoming cheaper compared to last month. Now more and more are selling crafted item set, legendary daedrics, but theyre way expensive coz of the recipes needed to make them. Now that I always trade on zone chat, I already know the range of prices for each item. Other players also know it that's why they dont sell so cheap. Players still value gold, they dont want to trade thru cod when the deal goes more than 10k coz the cod fee will be much of a burden.
Another way I did to check the value of gold is I went to every zone in EP faction, I did a hide and seek game for a prize of gold, the game became so much fun as everybody in the zone participated to look for me because of the gold. So I think it is safe to say, the economy is alive in this game! The damage of dupe, bots and goldsellers are done, but the games economy is holding on, thanks to item decay and deconstruction. This is just my own opinion though. ^^

Your experience is similar to mine.

Also, that's an awesome game of hide-and-seek you played. I saw someone doing the same thing but with a vampire bite as the prize.

sigsergv wrote: »

Actually we need not AH but bulletin board. There are a lot of people who want to sell their services and a lot of people who want to buy. And nothing to connect them.

Crafters cannot sell their crafting services, the only available way is to spam zone chat. Guild population is not enough and also we don't have guild forums (or any other kinds of notifications/bulletin system).

That's a good idea.

AngryNord · June 2014

Selling racial motifs. I see some such as e.g. the Primal and Daedric ones going for 20-25K gold... Gold seller spam used to advertise these too...
In the future I can see racial motifs removed completely and instead you have to deconstruct an item of armour to get its racial style..

captain_awesome · June 2014

There is no economy.
There are people with lots of gold
Those with tens of millions, who were fast to dupe or to farm motifs.
And there are the normal with few 100k gold and below.

Its basically a single player economy. The interaction with other players is massively restricted, there is no real marketplace in ESO.

Not a qq or a moan - it's just the truth.

Gisgo · June 2014

captain_awesome wrote: »

Those with tens of millions, who were fast to dupe or to farm motifs.
And there are the normal with few 100k gold and below.

And then there is me with 238g

CaffeinatedMayhem · June 2014

Pele wrote: »

- How often do you trade?
- Do you buy or sell?
- How do you trade (stores, chat, other)?
- What are you trading?

Oh, there's an economy but I'll answer the questions:
trade: every few days, whenever I have a spare motif.
Never buy or sell.
Trade via chat.
Trade for fishing worms. Worms are time consuming to find, and I have fishing achievements to ding.

Vis · June 2014

The goods market has fairly volatile pricing due to information still being unequally distributed and no AH to create a pricing trend.

However, the labor market is one of the most active I have ever seen (outside of Eve). With every man a crafter and able to fill multiple roles, you can hire anything from a crafter, farmer, body guard, or even personal musician. It's all very nice to see so many responses to WTH.

Dayel · June 2014

I vendor only things that are so cheap as to not merit posting, otherwise I post everything in one of my guild stores and it all seems to sell quickly at the suggested price. The purples and golds I get I do check prices on before posting, but those too go into the guild stores as I am too bashful to run about hawking my wares in zone. Everything seems to sell eventually if only to be deconstructed.

What I wish for is a consignment system, where I could turn stuff over to another player and let him sell it for me for a reasonable cut of the price.