Prices out of wack?Follow

Does anyone else find the prices have spike upwards on a majority of items?

For example: I was considering buying the light spirit smn scroll and hauberk a week ago for 500k and 6million, respectively.

In one week, the light spirit is now over 1 million and the hauberk is pushing towards 11million.

I wonder if the prices will come back down in a few weeks?

the economy is hopeless if SE don't do something quick, many old players are considering to quit due to this mess, and i am one of them.

It is mainly the crafter and HNMLS fault ><;;

D.Ingot sold for 6-7mil pre 12/27 but crafter selling hauby/hauberk for 10+mil

Dragon Talon selling for 6mil pre 12/26 but weskit is selling for 10+mil

Why is that? A lot of endgame is being inflated by crafter to make good few mil profits. Also look into O.Ingots to any elemental 74 rings. They make 1mil profits. Is it gilseller fault for making those ah prices? IMO, I dont think so. It is the crafter out there that is currently inflating the prices for most endgame gear.

You know things are really starting to get crazy when someone like Chrysta is considering hanging up her specs due to the inflation. I don't know what the solution is (systemically, I mean; obviously the individual-level solution is "don't RMT").

Frankly, I'm relatively lucky, compared to Goldsmiths and Clothcrafters and others. My stock in trade is Woodworking. While WW raw materials, or some OF them, are skyrocketing, at least the finished goods also are selling for more. But the amount of capital I have to tie up, is higher, and the profit MARGIN, is lower. ><

Yep, I finally had enough for a Haubergeon and was set to buy it (2.9 - 3 mil). Lo and behold it was pushing 6 mil last time I checked(but according to UNC's post 12 mil-eww).

Is it really the crafters fault? I haven't checked it but back when the hauby was 3mil I used to see the Damascus Ingot go for about the same price. Just wanted to throw that in there, not sure why though.

I figure, by the time I actually CAN use the hauby it'll be down in price and I'll have the gil again(you can call me an optimist), just remember folks, the new expansion should set everything straight right? I mean there will probably be more BCNM, KSNM, ENM, and just plain good old fashioned NMs right? So we will probably have even more drops to get our mits on, the more the merrier right?

Seeing Rags premier crafter even think of leaving makes me scared *shivers*

Emp. Hairpin pushing 3.5-4mil.

as crafterrr said IGE sales prices have/had a significant impact. It is possible that it is temporary though.

A large portion of purchased gil will go back to gil farmers/sellers.

If they (IGE other RTM outlets) stop their sale less gil will be purchased.

With less gil being purchased. a larger % of gil will become stagnent again. I.E. sitting on RTM mules waiting for buyers.

With a larger % of stagnant gil, prices will start to stabilize again.


Weither the prices will come down remains to be seen. It is possible they could go down a 1/4 of the current premium cost. I however doubt they will go down to what people are used to.


The easiest way to drive down prices is to revamp the AH, but I think it would take them a long time to implement it. The AH is already (almost) identical to Amazon.com's "Market Place". If SE allowed the prices of all the items to be seen before purchase it would most likely drive prices down. On the other hand though anyone with experience selling on Amazon can tell you that rare itmes still won't come down in price. so i would expect indemand items to stay high, the crafting materials for said items would drop allowing for increased profits though.

ehhh just some junk to think about.

Solution: If people would not buy the item in AH then price will go down. It will force seller to lower their price! Either that or SE will have to clear the AH.

Not buying them for these astronomical prices is the only way theyll go down... Noone is going to lower SH price if everyone is willing to buy for 14 mil. The problem with that is, people want their items -now- and will pay whatever to get them..

I think that the prices are causing a panic, and that panic is raising prices, so, in effect, people are panic buying before items get out of their reach, which, in turn, raises prices even more. There is a very good way to stop the inflation - simply refuse to purchase the items for the amount specified.

Yes, I am just as shocked as you are with prices. But, for me, that means that instead of purchasing items for what I consider to be too much gil, I find other ways to obtain them.

Lets face it, if no one pays 20mil for a scorpion harness, the price will go down. If people refuse to pay the amount seen on auction or in bazaars, items will go down in price if the buyer really wishes to sell it.

Since prices are shooting up up up, I have seen so many people try to "cash in" on this phenomenon...this just causes the market to go up further. How many people do you know are selling their current equipment so they can make a profit on it while the prices are going up, banking on them lowering in the future? Or, how many people do you know that are buying endgame equipment for the NEXT job they are leveling that is currently lvl 30? Just stop stuff like that, and prices will go down. Remember, it takes 2 for a transaction. Just because someone offers to sell at a price doesn't mean you have to buy it.

All I have to say is ridiculous.
You can't stop the whole server from buying equip cause that is part of the game and therefore would mean partially stop playing the game.

It gets harder and harder to compete with this inflation. Those that rose from dust now find themselves still in the dust not being able to purchase that item they always looked up upon.

And yes I was shocked myself when I saw Chrysta's post. But I agree... it just keeps getting even more frustrating for the long time players like us - can you even imagine in what situation new players will be in?

The prices are pretty crazy but as i've said so many times before, the only way you are losing alot of money is if you hang on to gil. You're previous methods of making gil will still provide the same overall profit, just larger amounts of gil are being exchanged. BCNM drops will sell for more, NM drops will sell for more.. its not any harder to obtain these items, it just feels that way because you are looking at larger numbers.

If SE doesnt do anything to remove gil from the economy at a faster rate, inflation will not stop. Thats where it gets tricky, because this is the first time ive seen prices increase so dramatically so quickly. So if SE does something dramatic to remove gil from the system it could have all of us investors who dont hang on to gil, losing in the end.

There is NO way to avoid inflation if excess gil is being forced into the economy. I suppose IGE had alot of gil stored on a character and the christmas sale forced it back into the economy.. You cant tell everyone on the server not to buy something, it just doesnt work that way, and no one is to blame, not the crafters.. Thats retarted to not try and sell something for as much as you can.. Its not greed, its supply and demand. Only the mechanics of the economy can change this, not the player base.

So really the decision is up to you. If you think SE will do something to remove gil from the system then take a gamble and save your gil. I personally am not going to rely on SE and will continue to spend gil as soon as I get it, investing in items (even if i dont need them) to keep up with the ever increasing economy.

SE is really going to have a problem with attracting and keeping new players. Most of the fine folks on this forum are long experienced players. In fact, I would dare say if most of the readers of this message do not have a least one character at or near 75 I would be surprised. Imagine that you just purchased FFXI and all you have is a level 1 character now. You wind up on Ragnarok. With the inflation situation and lack of fellow new players on the server do you think you would make it beyond the 30 day trial? So, if you guys are correct and more people leave the game permanently then how does SE keep the FFXI wheel turning?