the more people use it , the more it will have value
Yeah... that's actually what bummed me out so much. The AH in hardcore was a lot fuller and more reasonable. In Sarlona, it's... really bad.If you'd like to see a functioning AH economy try out hardcore. PP has a ton of value there. One of the joys I get from playing hardcore is building up my PP horde by buying and selling. If you post items for reasonable, priced to sell PP points you can make some good coin. In general, PP still has value for Reaper wings which go away after a TR and need to be purchased again. Orien also has a somewhat functioning AH will all the new people coming over after the server move. Or at least it's a lot better than before.
100% this.The problem is not really the currency's fault. There are also precious few uses for astral shards. The core problem is a while back the game went balls to the wall into BtA everything, to the point where there's nothing to trade.
The astral shard auction house was added in March 2013, so more than 10 years ago, so it would have existed when you were playing last. 8 years ago in 2015 plat had already become a lot less useful except for a rare find on the AH and the AS shard exchange had mostly already taken over the selling of the good stuff. Plat is definitely less valuable than 8 years ago but a fix for this would probably be quite hard to do.I'm a Sarlona player who's returning after like 8 years away from the game. When I used to play, you could get all sorts of very useful things from the AH, and it was used all the time. The shard exchange didn't exist.
Now... it seems like platinum is a totally dead resource. The few things that are actually useful are all posted in the shard exchange. I remember scrimping and saving platinum to buy scrolls on first life, or being able to buy a silver longbow from the auction house for a different character. Now, I've got over a million platinum from a single sale, and I've realized it's pretty much useless for any sort of in-game trading.
Honestly disappointed that the base resource of the game has been allowed to become so devalued, and the solution was to move the in-game economy over to a "you have to buy these with real money" resource instead.
100% this.
There is pretty much nothing valuable players can trade with each other after looting it from chests. Just a few crafting ingredients every now and then when we get a new system.
The astral shard auction house was added in March 2013, so more than 10 years ago, so it would have existed when you were playing last. 8 years ago in 2015 plat had already become a lot less useful except for a rare find on the AH and the AS shard exchange had mostly already taken over the selling of the good stuff. Plat is definitely less valuable than 8 years ago but a fix for this would probably be quite hard to do.
Wonder if they added a vendor that sold AS for 1,000,000 or 500,000 plat each would work to remove plat from the economy.
If they did add a vendor that let you swap plat for shards the plat-glut would be drained immediately and we MIGHT actually get to have a plat economy again.
I don't think 1mil plat for 1AS would create an AS glut in any way. A million plat takes a bit of time to get, faster to grind favor for DDO points and just buy them. But I do like the idea of your list also.That would be completely defeating the purpose, because then we'd just have an AS glut and both currencies would be worthless
The issue is that there isnt any plat sinks in the game. With nothing to spend it on that takes it out of the economy (ie not the AH that just moves it between players), there's going to be constant inflation. With the 2M cap on plat, that means you cant actually hold enough plat to have any meaningful buying power.
We need to be able to buy useful stuff with our plat from an NPC...even if its stupid expensive, like 2Mpp. Consumables, ideally, to keep people buying them
- +2 Stat Tomes
- 5% XP pots
- 25% Slayer pots
- Chest rerolls @level*1000pp
- Single-use fast travel tokens to various destinations
- Silver rolls @ ?100kpp
etc. etc.
That would be completely defeating the purpose, because then we'd just have an AS glut and both currencies would be worthless
The issue is that there isnt any plat sinks in the game. With nothing to spend it on that takes it out of the economy (ie not the AH that just moves it between players), there's going to be constant inflation. With the 2M cap on plat, that means you cant actually hold enough plat to have any meaningful buying power.
We need to be able to buy useful stuff with our plat from an NPC...even if its stupid expensive, like 2Mpp. Consumables, ideally, to keep people buying them
- +2 Stat Tomes
- 5% XP pots
- 25% Slayer pots
- Chest rerolls @level*1000pp
- Single-use fast travel tokens to various destinations
- Silver rolls @ ?100kpp
etc. etc.
Don't think the trade off is a bad idea either... 1KK plat for 10 AS isn't that bad, since 4KK plat is the Cap even for VIPs.
People would be willing to sell thing in the plat AH to flip for AS that has more specific uses (Dice and chest rolls), so the economy (hypothesis) would shift between the two currencies.
I think that'd just get people to farm plat to convert to AS, which limits its utility as a plat sink...and it'd devalue AS, which means we'll just see both currencies come to an equilibrium. But since plat is sooooo devalued right now, the equilibrium point is going to be way too low for either currency to be useful. Plat would just drag AS down with it, essentially.
I think you'd need to re-establish plat's value first by introducing sinks, and once both currencies are stable, then you can establish a proper exchange rate.