Economy concerns - Blue Tracker

#1 - Aug. 15, 2013, 12:30 p.m.

I’m hoping to get some feedback from our friendly, neighborhood economist. Currently, a lot of us are enjoying the opportunity to make Gold via certain events related to the Queen’s Jubilee update. Everything from mass Champion farming, to the Queen’s Gauntlet challenge.

While I, personally, love the fact that I can make easy money really quickly, my long term concerns are that the value of our in game currency is going to be decimated. Well, perhaps not that bad, but I can see bad signs day to day. As an example, my Guildies are making an average of 150 Gold per day with dedicated farming. This isn’t the use of an exploit, but rather akin to CoF on steroids.

Is there any plans in place that might help slow the snowball that’s currently rolling downhill?

John Smith

#2 - Aug. 15, 2013, 12:32 p.m.

yes

John Smith

#79 - Aug. 15, 2013, 5:41 p.m.

Smooth Penguin.5294:
But make no mistake. If you didn’t make your Gold from the Queen’s Gauntlet, or Champion farming, you’ll be left behind in terms of wealth. That’s why it’ll be interesting to see how Anet responds to this.

This is incredibly hyperbolous. In the last week, the median player earned less than 3 gold in the new content (that’s discounting all players who earned less than 1 gold).

John Smith

#145 - Aug. 16, 2013, 2:12 p.m.

It’s actually very useful, you just need to apply a little work.
Think of what you know. You know that many, many people play the content, which means you know the distribution is dense.
Knowing the general shapes of dense distributions, apply a tail to each side, but I told you I eliminated one tail.
Now you have several possible models of total wealth gain for the content that you can get pretty accurate with only the one number. The individual isn’t important for what you’re attempting to learn, only the aggregate.