Prices chart

Heheh. I knew someone was gonna bring this up, and I've prepared an answer for it. Your point, while well-intentioned and cautious, is invalid for at least two reasons.

First of all, if people realized that the particular chart was being used in such a way, it would soon lose its credibility and any influence it might have on the economy.

Secondly, I realized that people might try to screw with the prices, which is why I asked for both moderators and donors to contribute in order to offset any conflicts of interest.

I thank you, however, for playing......devil's advocate

 

Well the idea is not bad, although those constantly asking for Prices are exactly those who don't wander the Forums. So the Chart probably wouldn't lead to the desired effect.

Asking questions is mostly lazyness to look up the answer oneself. Because most, if not all Prices, can be found in the Forums, in the trading section at the very latest. Those Players won't look up a Chart either for the same reasons.

But I definitely would

Also, let me Point toward the fact that the Price swing isn't principally due to offer and demand, as those remaind globally unknown (except for rares, to a certain extend). So the Price Chart won't be able to reflect factual Prices, only estimations based on a widespread Agreement between Forum visitors. In this barter economy, the Price is whatever buyer and seller agree to. They CAN look up what others usually agree for Price, but that's not a rule.

If you want you can upload your sheet here and put the link in your OP: Google Sheets - create and edit spreadsheets online, for free.

Excellent Point. Though I am still questioning myself if it's the hoarding that increases the Price, or the fact that those rares tend, over time, to get placed, lost or destroyed, increasing the value of the remaining ones. Also, the bartering effect remains: the Price is the one the seller and the buyer accept to agree to. Much of the rare's pricing is, IMHO, just the effect of the seller wanting it to increase in Price and therefore not accepting any offer below its expectation, until the appropriate buyer is found.

What you call IRL Investment can be anything. That can also be a painting (hence a "rare"). But even if they invest in economy, the Money doesn't leave their pocket. They are still owner of it. In fact there is no Need at all for rich People, because Banks could as well "create" the Money needed, just like they are already doing to pay the hoarding rich's interests.

THE big difference between skyblock and IRL, beside the bartering, is that there are no Banks, no interest rates in skyblock.

Cheers

 

Prices of items change frequently so you would need to have someone regularly updating it.

Also, my question; who decides on what the price should be? Do we all come to some sort of unanimous vote as to what's worth what? I've seen prices for items vary person to person and some of them are ridiculous increases from brainlag donor400's

 

Heheh. I knew someone was gonna bring this up, and I've prepared an answer for it. Your point, while well-intentioned and cautious, is invalid for at least two reasons.

First of all, if people realized that the particular chart was being used in such a way, it would soon lose its credibility and any influence it might have on the economy.

Secondly, I realized that people might try to screw with the prices, which is why I asked for both moderators and donors to contribute in order to offset any conflicts of interest.

I thank you, however, for playing......devil's advocate

Thanks for replying! I was actually considering the merits of starting a Skyblock bank where greenies and donors who don't have much to start with can take out loans in order to help them get by and pay for materials to develop their islands.

Obviously, this kind of project would require substantial funding, and I'll be posting a thread about that soon. There are many things that need to be hammered out before such an idea becomes even a considerable possibility, such as, "How do you enforce the return of a loan?". " I'm thinking such a systen would require moderate to heavy staff assistance, which is why I was reluctant to suggest it in the first place. Seems to me like they've got enough on their plates.

 

no loll

 

My bad guess I wasn't paying much attention to these kind of threads

 

Ok, me and Pessimism decided. It's gonna be a google forms

 

A Banking System can only be one that is somehow coded and NOT player-controlled (like the lottery). Because the poor chap giving out grass and Diamonds is guaranteed to get scammed regulary - no matter what and how many mods will look upon this. And even then, the plugin won't be able to avoid failure to pay through Player insolvency and Players quitting the Server. The plugin itself would have to be a very clever one to also avoid Players hiding their riches from the coded repo-man.

There is no Need for a central "federal" bank either, as the Money is "printed" through voting and kits. And the Money is backed by itself, as grass and Diamonds happen to be commodities in this barter economy, so no Need for a federal reserve either.

So beside the fact that it is nearly impossible to make, a bank is also not needed except for impatient Players who want to build up rapidly and for which the Money they get trough voting and kits don't come quick enough.