"-responded with the urgency and gravity-"

Discussion in 'Time Locked Progression Servers' started by Sammi, Nov 24, 2023.

  1. Oscig Elder

    Seems like a pretty good way to kill any interest in buying krono for a large portion of the playerbase to me. Why would I want to assume the risk that whatever I buy may explode in my hands and have no recourse of action?
    But hey, you do you.
  2. Doranur_Aleguzzler Filthy Casual™

    The time for a rollback is long past. Far too many people that had zero participation in the whole dupe fiasco would be majorly and negatively impacted. Through a second hand source, I heard that the means of the dupe had been reported to DayPaw as soon as the last patch went live. I cannot prove it, nor can my source. But it wouldn't be the first time the same has been said, nor the first time DayPaw/SOE/Verant/whatever you are still calling them have let it slip past or flat out ignored it, and done nothing until it was way too late. All this does is drive conspiracy theories and garner ill will from the player base.

    So what is the solution? Hey, I don't know. Perhaps a complete overhaul of the culture at DayPaw to not just TRY to be more transparent, but to actually BE more transparent. To prove they won't let something like this slip by, if indeed they received report of the dupe from the day of the patch. Maybe that would be enough to do the trick. Maybe more would need to be done. Outside my purview, I'm afraid.
    SheepDog likes this.
  3. Randomized Augur

    Is this not the case every single day? Does spiderling silk remain 1pp for the entirety of a TLP or do things suddenly rise. Or are you the one who controls the prices of things so everything is in your hands?

    If my Krono i posted for 10k (because that was the value) sold for 10k, while it's on the rise to 1m, did I really lose out? Or did I get market value for it? You got it's worth out. You didn't lose out on anything. Now it's 1m over night. Cool. Guess what your next Krono is going to sell for? 1m.

    You don't lose out. It's a free market, nothing is out of your hands. If you're too worried about selling something that you think may be undervalued, don't sell.

    Ever played around with stocks? People don't just buy and sell randomly. They watch, they wait, and they make educated guesses. Could something like this duping ordeal have been predicted? No definitely not. Stock Market crashed in 1929. Yet, it's still alive and going strong.

    Imagined if everyone held the same mentality towards that as they are this. We'd have no stock market. Instead, people adjusted and adapted and it leveled out. Buying and selling on a free market is always a gamble. Whether you're willing to gamble or not is entirely up to you and the size of your cajones.

    I don't gamble in casino's because my luck is horrible and all I ever do is lose and pretty much give money away. I'm in control of that, so I simply don't do it. You're in control of whether or not you want to take the risk or not. Maybe it'll pay out, maybe you'll break even, or maybe you'll be on the losing end of something potentially great.
  4. Weehealer New Member

    Agree that this wet blanket statement should’ve come from someone higher up the food chain. Jchan showing massive lack of leadership over their product.
  5. Randomized Augur

    Higher up the ladder you are, the longer your vacations. Jchan has probably been on vacation since the 15th until the 7th. Won't be hearing from him any time soon
  6. Weehealer New Member

    Higher up the food chain the more available you’re expected to be on your vacations for critical defect resolution.
  7. FranktheBank Augur

    And it's really stupid that it continues to happen despite people trying to warn them so badly.
    Skuz and Doranur_Aleguzzler like this.
  8. Randomized Augur

    Ehh this is below his pay grade though. Otherwise you'd have the owners of EG7 coming and talking to us directly.
  9. Ythera Augur

    The value of krono in plat going up sounds like a good reason to buy more krono, because then you'll have a ton of plat and things you buy from vendors like tradeskill materials or items needed to build raid armor will still cost the same, making your purchase go further.
    On Thornblade, there have been several big plat dumps into the economy and I've enjoyed it heavily because I can sell things for large amounts of platinum and not worry about whether I can build all my SoF armor because it costs like 30-50k per item. I was able to skill up fletching just buying the expensive bow parts from the vendor without going broke as well. When I played on Phinigel during SoF, people would just skip building raid armor because they didn't have the plat reserves and didn't want to spend a ton of time farming plat up just to make an item that'll be replaced in a few months.
    Randomized likes this.
  10. Tulisin_Dragonflame Augur

    I've pointed out before that hyperinflation is not the norm by any means, nor should it be expected by a reasonable participant in the economy. However, if you want a practical example as it pertains to spider silk in particular - on Oakwynd it was generally cheaper over the last few weeks than towards the end of Velious. There are a few reasons for this, and ones that could be reasonably expected on the basis of actual in-game inputs.

    1. Luclin brought an influx of new players killing spiders as part of their leveling up process which resulted in a higher supply of spider silk. One common recommendation to new players is to save things like spider silk and bone chips since they have some value to higher level players and allow new players a good way to build up a few hundred platinum to buy things like spells.
    2. Luclin brought in new tradeskill recipes for leveling up tailoring, reducing the need to rely solely on spider silk for a large swathe of tailoring skillups.
    3. The end of Velious era saw a lot of people working on the Coldain Shawl quests, where tailoring level is the most limiting factor in the first seven steps. With the new expansion and the release of the eighth step there was a reasonable expectation that people catching up on the shawl quests because the new one was good would start leveling up tailoring. However, the vast majority of new demand for trade skill materials for the shawl quest in particular was focused on smithing, because the eighth step is centered on smithing and jewelcrafting.
    4. The addition of mounts brought in one of the first significant platinum sinks in the game, so despite the larger raw platinum drops available in Luclin there was some deflationary pressure that was not previously present.
    5. The general liquidity of the market that becomes available with the release of the bazaar versus the Commons tunnel tends to drive prices down because it lets more people participate in the economy simultaneously and quickly. This closes a lot of arbitrage gaps, but results in generally lower and more stable prices.

    tl;dr- you could expect spider silk prices to go down, and they did.


    These are all reasonable conclusions to draw about this one economic aspect based off of the in-game inputs, and they're all things that people could have told you before Luclin even released. If a market shift due to one of these caused someone to lose out then that is fair game and you're right that people should be aware that the economy can shift and roll with it.

    That's why it's completely ridiculous to hear people say "oh yeah, hyperinflation just happens sometimes, you should be prepared for a bug to nuke the economy overnight at any time and just be ready to buy some Kronos and move on".
  11. Doranur_Aleguzzler Filthy Casual™

    Also, the higher up the ladder you are, the more minions you have to do the day to day things, which is why underlings are the ones responding.
  12. Velisaris_MS Augur

    While the devs most certainly did not have anything to do with the introduction of this exploit, the fact that it was reported DAYS ago (perhaps as early as right after the last patch) and they chose to sit on their collective butts while it got worse could be seen as a possible endorsement of it...at the very least, an indifference towards a serious exploit. They let it fester until it started to leak out of the EQ universe, into gaming media, before doing or saying anything.

    Who's to say how long they would have let it go on if there hadn't been articles posted about it? Until after Thanksgiving? Until the new expansion launched? Next year? Their response was shameful, and the fact that Jchan STILL has not stepped in to say SOMETHING is just god awful.
  13. Randomized Augur

    That's not what was said at all. This is a bad faith argument. The argument was the economy changes over night. Which is/does happen with free markets. And again, the only people who lose out on hyperinflation are the ones who do not sell anything. No selling on bazaar / of Krono = no increase in revenue as market fluctuates.

    Which again, is a very small percentage of players. One has to admit the constant re-rollers to new TLPs don't do it to do the same raids and named mobs over and over again (you don't need a new server to do that). It's for the krono market. Whether you're buying it or selling it.

    That would be great...if they had the populace to reflect that. Me being the sole proprietor of my business doesn't suddenly give me 500 people below me to do my bidding. Nope, I still have the same 4 employees.

    Again, he's probably been on vacation since before it happened and still is (wait until monday to see if he steps in). And it probably would have went on until it leveled itself out. While people aren't ignorant to the ways, an exploit like that probably shot up Krono sales like crazy (i'd have bought a few when they peaked and not worried about plat for the next few expansions). And with it being the holidays and them being a rather small team, it's extremely easy for them to hold off and use those as an excuse as to why it wasn't addressed/taken care of sooner. And again, we're not stupid nor blind to their ways...but it would also be very hard to argue against their reasoning if they decided to go with that.
  14. Tuco Augur

  15. Doranur_Aleguzzler Filthy Casual™

    Let me clarify then. The higher up the ladder you IN A MAJOR CORPORATION AND NOT A SMALL BUSINESS, the more minions you have to do the day to day things, which is why underlings are the ones responding.

    No jabs at small businesses or their owners. Y'all work harder for every dollar you eventually make.
  16. Trident Elder

    Jchan isnt a dude, bro...
    Gaylon likes this.
  17. Randomized Augur

    Still doesn't hold true though lol EG7 is big sure, but the team dedicated to EQ isn't. Large company, small team for one product.

    Everyone one the internet is a dude as far as i'm concerned lol (just googled Jchan and my bad lol never paid attention before. Always just been "jchan")
  18. Elabone Augur

    I know this is a hard concept, but let me try and break it down. At around 6pm EST on the 21st, Krono were valued at around 70k. Meaning, (and this will be a conservative estimate) there were probably somewhere between 100-200 krono sitting in the bazaar for 70-100k platinum.

    The person or persons who duped the platinum proceeded to buy up not only ALL OF THOSE KRONO. But pretty much ANY item of ANY value on the bazaar.

    12 hours later, kronos were already up to 1.5million and still rising.

    So the people who woke up to see their 2 krono sold for 75k, only to see that krono are now buying at 1.5million, absolutely got screwed over. As well as ANYONE who had any item of decent value. Every tradeable raid item, level 60 spell and massive amount of tradeskill items were instantly gone. And reposted at 10x the previous amounts.

    So no, noone was posting below value AFTER the inflation, they had already been screwed of their hard earned items/krono by the time they woke up.

    I understand that on the internet, theres always people trying to troll for reactions, and play devils advocate. But in reality, with this situation, there is no alternate take. The economy is ruined, people were screwed, and DBG has all but said "sorry, not sorry".
    Brontus and Taladir like this.
  19. Elabone Augur

    This is only true if the market rises naturally. Never in the history of a TLP server (ignoring other dupes) has EVERYTHING increased by 20x value in 12 hours.

    Im really dont understand why you are confused by this.

    And that next krono you farm is going to take you much longer to farm it.

    I can farm 70k in raw plat and vendor trash in 1 week. Thats 1 krono under normal circumstances.
    Now it would take me 2.5 months to earn enough to buy a krono.

    Raw plat has been made useless, and the only way to earn krono now is to farm items to sell in the bazaar.

    Youre either being intentially dense (see my post above) or you really really are confused as to just how bad this situation is. (or you were able to profit in the millions from this, and just dont care).
    Taladir likes this.
  20. Randomized Augur

    And thus, people sold their items and got market value for them.

    Wrong again. They got market value for them. Only after it ALL sold, and got reposted did the inflation happen. At that point, people are able to repost matching the new market. Welcome to free market.

    Okay, so then they didn't get screwed over. It's not like Krono were going for 1.5m and someone accidentally sold theirs for 150k from missing a 0 when they posted it for sale (as does happen). They got the current value of what their item was worth. As you said, AFTERwards, they're free to repost at 1.5m and continue to be at market value.

    No it's not. it's just inflated now. Krono still remain $18. The desirable items are still desired. Tradeskill items still required. It's just at a higher value now.

    What was everyone's plan? Sell items one time and then be done for the rest of that expansion? No. You go out and keep farming and keep selling and keep posting at/around market value. Nothing has changed...except for the few players who don't buy/sell anything. Why this is a hard concept for you to understand is beyond me.

    If a single silk sold for 10p, and now is selling for 1k, and the spell you wanted that was 250p is now 10k, you know what you do? You stop selling silks for 10p and sell them for 1k and turn around and buy the spell you were saving up 250p for, once you've saved up 10k...just like you would have before.

    The economy isn't ruined. Simply inflated. Buy a Krono, sell it for 1.5m or whatever market value is, and buy the same amount of stuff you would have a week ago when Krono was only 70k and the item you wanted was only 5k.

    Not a hard concept. Take a day or two to adapt and move forward.
    Rijacki likes this.