Simcountry
Forum General Gold Coins Market liquidity crisis

Gold Coins Market liquidity crisis

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maclean
23 Apr 2012 10:40 Link
@nix: I'd like to buy coin from you at 90 or 100 too, but I can't either. I can't buy population or increase my spending, and I use that spending increase a lot, because I hand-supply a lot of corps. I do NOT understand why the supply is cut off AND price controls left in place. I don't mind the GM getting out of the GC business, but restricting free trade almost seems adding insult to injury.
A
Andy
23 Apr 2012 14:26 Link
There is a possibility for transfer of money and gold coins by use of the virtual assets trade.

It is currently unlimited.
J
Jo Salkilld
23 Apr 2012 20:34 Link
Andy, if you could explain to us why you have made this decision and what you are hoping to achieve by it, it may make it easier for the players to understand and accept.

People are naturally resistant to change, and at the moment, panic has set in. But if we can understand why you have done it, and what you are hoping the effect will be, there may not be so much of a backlash and more co-operation.

Also, are you able to tell us whether or not the number of GCs in circulation will be affected by this, as I mentioned in my previous posts? That is my main concern, but I am going on gut instinct and not the facts, which you have at your disposal, and you are in a position to reassure us on this. That would be very helpful!

Hugs and respect

Jo
Q
Quetzalcoatl
23 Apr 2012 22:56 Link
The way to fix this is to take off the limitations on people pricing gold coins on the direct market, if teh GM took of the price limitations on the direct market i bet lots of people would post gold coin offers and no one would be complaining. It has been 1 week and 1 days since i have not been able to buy gold coines on the direct market.
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maclean
23 Apr 2012 23:42 Link
Yes, that's what I meant. Instead of having to beg in the forum for coinage, then haggle over prices, then arrange the trade, then complete the trade, which can take several days, because not everyone is always on all the time (we have other lives as well)---we already have a place to simplify that, and it is called direct trade. This crisis could be solved instantly by simply removing price controls and letting us trade thru the normal GC exchange page. It makes me wonder if someone is simply wanting to see just how many hoops we will be willing to jump thru to keep playing the game. There is a possibility that this could backfire.
K
Kitsune
24 Apr 2012 00:50 Link
People who have cash and want coins are having difficulty buying them and people who have coins and want cash can't get as much in exchange for them.

Why have a price ceiling? Just allow players the convenience and security of direct trade.
S
SuperSoldierRCP
03 May 2012 18:54 Link
+1
S
Sunny
03 May 2012 19:13 Link
1 coin for 100b. Simples
C
Christopher Michael
03 May 2012 22:42 Link
+1
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maclean
04 May 2012 10:32 Link
+1
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Lord Lee
04 May 2012 17:11 Link
An Easy solution to the Gold coin crisis!

Dear Game master,

There should be an easy to use trading platform where gold coins and game money are traded by letting the markets decide their values!

The value of a gold coin should be determined by us and not the game master otherwise the game master needs to ensure that their are enough gold coins for us to buy at all time.

The current arbitrary policy isn't working and many customers of this game are not happy!

Lord Lee
C
Christopher Michael
04 May 2012 17:43 Link
I agree with your post Lee, but it is working exactly like the GM's want it to work.

If you're short on GC's, they want you to pull out the plastic.

Expect no help from them in this area.

Customers? I don't think that word is even in their dictionaries over there.
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Lord Lee
04 May 2012 18:02 Link
Thanks for your support Christopher.

The potential to make real money on this game is a real incentive for people to join the game in the first place and pay real money to the game master/s!

It would be a win win for everyone if the game master/s would get rid of these limits and let a virtual free market to evolve along with a means of exchange for real money and the game master/s could tax this in a more honest way!

Lord Lee.