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Drastically Reduced Aurum Prices! Monocle Next?

Author
jwingender
Tar Valon Research and Development
#1 - 2014-07-15 23:29:24 UTC  |  Edited by: jwingender
Lets quickly establish that 1 PLEX = $20 = 3,500 Aurum, and that multiple PLEX are $17.5/ea.
TL;DR: When CCP switched the NEX to the NES, they did not add back in the old legacy content initially. Instead they are adding it back in over time at drastically reduced prices. In the process, items that were once worth $20 are now worth ~$3, and the players are the ones taking the hit. So that 12,000 Aurum($60) Monocle or 9,000 Aurum($45) Field Marshal Coat could be worth next to nothing in the near future.

THE IDEA: Stop releasing the old items for lower prices. There is already a plethora of unreleased items in the database that can fill out the low-cost tier of items. There is no need to ruin the legacy items in the process of filling up the NES store.



The Long Read:
When CCP switched the NEX to the NES they did not add back in the old legacy content initially. Instead, some items that had been worth 300 Aurum were reintroduced at 100 Aurum, and no Aurum was refunded to current holders for this huge 66% reduction. This cut seemed drastic and unneeded, but was on small value items so it didn't seem a large enough issue at the time to say anything. Especially since it was quickly coupled with a release of 200 Aurum NES items that had been 100 Aurum NEX items. Some value gained back. Then there was some items worth 300 Aurum that were released for 200 Aurum, but all of this was peanuts - just testing the waters really - compared with the latest release.
The Women's 'Executor' Coat had a price of 3,500 Aurum or $20 on the NEX, but has been added to the NES at the price of 600 Aurum or $3.42. That is a 82.9% reduction in the value of the item. Shocked People were sold the item initially on its price and exclusivity and now that is being changed I imagine to "make them fit with the other women's executor coats". But why did this need to be changed and why couldn't one of the versions/colors be more expensive than the others? Especially since it had already been marketed and sold this way, and other clothing sets already have varied prices for colors within the set i.e. Sterling Dress Shirts. Not everything has to be the same.
Now, CCP changes the game all the time in a way that effects prices, and players either gain or lose ISK in the process without compensation, this is the nature of the game. But these are items are worth real money and should be treated as such. Also, Aurum costs CCP nothing and costs the players real money. How much confidence will players have in investing their money to get something shiny if their expensive shiny will be next weeks cheap generic?

I'd be prepared for cuts of this nature across the board. And yes that includes your monocles, synthetic eyes, field marshals coat, and sterling dress shirts.

The Community was initially - imo - outraged by the high prices. But this seemed like a straight cash grab($9000 jeans anyone) with no cheaper options. Ya, let the rich guy blow $60 on a monocle. The digital asset has already been made and paid for. All the proceeds from the sale go towards developing the game. But the common player-base who don't have loads of money to blow online needed a cheaper option. Just because that cheaper option is now being made available does not necessarily mean that all the more expensive items should go as well.
< /1st world problems>

QuestionIs this value evaporation something the community should be worried about?

Edit: Initially mentioned some kind of refund, but brought the thread closer to original intent.
De'Veldrin
Republic University
Minmatar Republic
#2 - 2014-07-16 01:08:00 UTC
I am currently laughing too hard at the idea of inverse monocle gate to formulate a cogent response.

De'Veldrin's Corollary (to Malcanis' Law): Any idea that seeks to limit the ability of a large nullsec bloc to do something in the name of allowing more small groups into sov null will inevitably make it that much harder for small groups to enter sov null.

Chapmonious Hunter
Hedion University
Amarr Empire
#3 - 2014-07-16 01:10:00 UTC
*reads TL;DR starts laughing, walks away*
Mallak Azaria
Caldari Provisions
Caldari State
#4 - 2014-07-16 02:12:58 UTC
Realistic TL;DR: The value of my thing might be going down, refund please.

This post was lovingly crafted by a member of the Goonwaffe Posting Cabal, proud member of the popular gay hookup site somethingawful.com, Spelling Bee, Grammar Gestapo & #1 Official Gevlon Goblin Fanclub member.

Jessica Danikov
Network Danikov
#5 - 2014-07-16 02:35:07 UTC  |  Edited by: Jessica Danikov
You paid that price for the privilege of having the item for this long. Even if that weren't the case, the deprecation in value of freely available items is normal and to be expected.

I'm fine with my items being devalued- I paid what I was willing to at the time, so no regrets.
stoicfaux
#6 - 2014-07-16 02:57:01 UTC
And if the value of the item goes up, such as it no longer being made available, then CCP should deduct isk/aurum from the player's account as the value of the item goes up. CCP deserves compensation as well.

Pon Farr Memorial: once every 7 years, all the carebears in high-sec must PvP or they will be temp-banned.

Xercodo
Cruor Angelicus
#7 - 2014-07-16 03:21:50 UTC
I'm hijacking this thread to say that CCP REALLY need to remove AURs connection with PLEX and make AUR tokens into an entirely separate thing in which a 3500 AUR token costs the same as a PLEX so that the community that has no interest in NES don't get shafted by its market trends.

The Drake is a Lie

Shaera Taam
Khanid Prime Free Irregulars
#8 - 2014-07-16 04:42:50 UTC
Lol! Srsly?

...oh, he /is/ serious...

LOL!

Thus Spake the Frigate Goddess!

jwingender
Tar Valon Research and Development
#9 - 2014-07-16 05:33:15 UTC
Xercodo wrote:
I'm hijacking this thread to say that CCP REALLY need to remove AURs connection with PLEX and make AUR tokens into an entirely separate thing in which a 3500 AUR token costs the same as a PLEX so that the community that has no interest in NES don't get shafted by its market trends.


I completely agree and thought the same thing years ago. A PLEX should be 1 month of game time period. How all this other **** got attached to it is beyond me.
Nevyn Auscent
Broke Sauce
#10 - 2014-07-16 05:36:05 UTC
CCP have said that market speculation is always at buyers risk. Deal with it.
jwingender
Tar Valon Research and Development
#11 - 2014-07-16 05:38:38 UTC
Nevyn Auscent wrote:
CCP have said that market speculation is always at buyers risk. Deal with it.


Confirming that buying something from the NES is speculation and that no one, including me, should do it. There is just no telling when CCP will come in and decide to slash prices.
Antihrist Pripravnik
Cultural Enrichment and Synergy of Diversity
Stain Neurodiverse Democracy
#12 - 2014-07-16 05:40:16 UTC
jwingender wrote:
Is this value evaporation something the community should be worried about?


Value? I don't see any value in monocles. It was always just a way to show off and/or to support CCP with cash. Those items do not have any practical value in the game. That's why they are called "vanity items" or "cosmetics". You purchase them because you want to have them - not because they have real value.

If you'd feel better, I bough a game during Steam summer sale for $4,99. The game was published only last year and its price was $49,99. You don't see those who paid that price complaining, so why should you.
Antihrist Pripravnik
Cultural Enrichment and Synergy of Diversity
Stain Neurodiverse Democracy
#13 - 2014-07-16 05:41:13 UTC
jwingender wrote:
Nevyn Auscent wrote:
CCP have said that market speculation is always at buyers risk. Deal with it.


Confirming that buying something from the NES is speculation and that no one, including me, should do it. There is just no telling when CCP will come in and decide to slash prices.


I disagree. I like those dark Amarr ship skins. Cool
Nevyn Auscent
Broke Sauce
#14 - 2014-07-16 05:50:10 UTC
jwingender wrote:
Nevyn Auscent wrote:
CCP have said that market speculation is always at buyers risk. Deal with it.


Confirming that buying something from the NES is speculation and that no one, including me, should do it. There is just no telling when CCP will come in and decide to slash prices.

Confirming that all stores in RL refund all previous customers any difference in price if they ever drop how much something costs. Confirming also that all MMO's other than EVE do that as well.....
Oh, what's that, they don't!
Unsuccessful At Everything
The Troll Bridge
#15 - 2014-07-16 06:05:35 UTC
jwingender wrote:
Xercodo wrote:
I'm hijacking this thread to say that CCP REALLY need to remove AURs connection with PLEX and make AUR tokens into an entirely separate thing in which a 3500 AUR token costs the same as a PLEX so that the community that has no interest in NES don't get shafted by its market trends.


I completely agree and thought the same thing years ago. A PLEX should be 1 month of game time period. How all this other **** got attached to it is beyond me.


Well I don't think you got the memo.. apparently.. Greed.. is good.

Since the cessation of their usefulness is imminent, may I appropriate your belongings?

Xercodo
Cruor Angelicus
#16 - 2014-07-16 07:42:33 UTC
Unsuccessful At Everything wrote:
jwingender wrote:
Xercodo wrote:
I'm hijacking this thread to say that CCP REALLY need to remove AURs connection with PLEX and make AUR tokens into an entirely separate thing in which a 3500 AUR token costs the same as a PLEX so that the community that has no interest in NES don't get shafted by its market trends.


I completely agree and thought the same thing years ago. A PLEX should be 1 month of game time period. How all this other **** got attached to it is beyond me.


Well I don't think you got the memo.. apparently.. Greed.. is good.


Nor did you. Since this should result in the exact same amount of money being spent.

The Drake is a Lie

Nalelmir Ahashion
Industrial Management and Engineering
Mouth Trumpet Cavalry
#17 - 2014-07-16 08:09:20 UTC
Step 1: play amarr
step 2: Hood
step 3: win
Christina Project
Screaming Head in a Box.
#18 - 2014-07-16 08:20:08 UTC
Xercodo wrote:
Unsuccessful At Everything wrote:
jwingender wrote:
Xercodo wrote:
I'm hijacking this thread to say that CCP REALLY need to remove AURs connection with PLEX and make AUR tokens into an entirely separate thing in which a 3500 AUR token costs the same as a PLEX so that the community that has no interest in NES don't get shafted by its market trends.


I completely agree and thought the same thing years ago. A PLEX should be 1 month of game time period. How all this other **** got attached to it is beyond me.


Well I don't think you got the memo.. apparently.. Greed.. is good.


Nor did you. Since this should result in the exact same amount of money being spent.

But 3500 AUR already cost as much as a PLEX, silly! (:

[i]"Don't look into another human's bowl to see how much he has ... ... look into his bowl to see if he has enough !" - Sol[/i]

Glathull
Warlock Assassins
#19 - 2014-07-16 08:23:34 UTC
I would love to see more monocles everywhere. The tears. My god. . . It's full of tears.

I honestly feel like I just read fifty shades of dumb. --CCP Falcon

Yarda Black
The Black Redemption
#20 - 2014-07-16 08:24:39 UTC  |  Edited by: Yarda Black
You know who will really need refunds? Those Wallstreet stockbroker guys
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