New Market Model.

Peopleoni1 · Feb 19, 2016

I think this would be cool but probably not work

Tribal · Feb 19, 2016

Most likely not going to happen, but I guess it's be cool

Stel · Feb 20, 2016

I Like this idea.

Jxnaa · Feb 20, 2016

^

Surv · Feb 23, 2016

^^

chrix32 · Mar 12, 2016

Sabbath said: ↑

During last months, we have witnessed the increase and decrease of prices on certain server goods. Many players explain it by the occurance of bugs, which allowed to create duped items. Others say that it is caused by the confiscation of illegal rares from different players. As a result, some great traders found a loop to get rich by increasing price on goods such as beacons in 2-2.5 times. The prices on the skyblock market are clearly unstable and this is why I came up with this new market model.
The idea is that the value of every rare will be defined by the price of certain good. Let's use gravel as an example and say that there is a limited amount of 4,000 gravel in economy. The average price on gravel is 1 diamond. Now let's compare prices of gravel and beacon. Let's say that there is only 50 beacons in the server economy. 4000/50 = 1/80. That means that the value of each beacon is 80 gravel = 80 diamonds. That way, you can calculate price on every item that cannot be crafted or gained through normal gameplay.
Now, you may ask: how do we know the exact amount of all items in economy? And this is the part where you may help. Since I cannot realize this project due to being banned, you can realize it yourself. All you need to do to define the amount of certain items is to register them. For example, ask rich donor X to come to your island and show his rares to you. Note down the amount of rares he has and repeat with other players. Of course, this won't be very fancy, but at least it's something.
So what's the point of this new market model and what's it pros and cons?
First of all, it frees the economy from personal price dictature. The price will be defined for everyone and players won't pay redundant diamonds/grass for something worthless.
Secondly, it allows to see the temps of server inflation. This model is very flexible and will allow to see how amount of certain rares changed over the period of time.
Overall, this model will allow to fix market prices and create all-seeing eye on server corruption and item duping.
kthxbai.
Click to expand...

First off this totally excludes supply and demand.. Besides that, this would require a hefty amount of study and we would need like 10 admins

Stel · Mar 13, 2016

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