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Winky Dink
#1 YoFiend

Status:
Registered: Oct 04, 2009
Posts: 55828

Mon Jul 28, 2014 10:24 am
Many honest players have the items they do because of what they earned and what they spent over time playing Yo. The more you played and the more you spent, the more items and coins you accumulated. At some point either time, poor game control, or boredom caused some of these players to stop spending or stop playing. A few of them are now back along with many who stayed just to watch Rome burn. But what remains is that the sum of these players' efforts in playing and spending on Yo have value. Even as the unreleased items are hitting the stores and the buying and selling occurs, the 'wealth' created from the history of playing remains. Prices have not slid as deep or as fast as I thought they would, even as coins are sucked from Yo.

My guess now is that it will be a slow grind to draw 'rare' item pricing down to levels that seem reasonable. But the reverse inflation is really a lie as the buying power of an old item will remain constant. For example, if there are 100 coins in all of yo and sell my rare at 10, I effectively traded 10% of the market. If there are only 10 coins in all of Yo and I trade my item at 1, I have still effectively traded 10% of the market.

I guess my point is that there will never be a redistribution of the value of the old items. Their value remains constant in relation to the overall value within Yo. Players who want them, will always have to buy yo cash and deal or trade efficiently enough to obtain them. They will never fall to a level that will be low enough that a factory runner will ever own one.

Deb
YoSupporter

Status:
Registered: Oct 11, 2009
Posts: 785

Mon Jul 28, 2014 10:26 am
I need more coffee first! Back in a few to read this lol

tink
YoFollower

Status:
Registered: May 15, 2014
Posts: 1072

Mon Jul 28, 2014 10:29 am
players need a good pay raise, coin flow is hurting players. economy in yo you will never change

vicky
YoAficionado

Status:
Registered: Jul 04, 2009
Posts: 3993

Mon Jul 28, 2014 10:29 am
good lord that's alot to read :lol:

llama
YoWild

Status:
Registered: Jul 15, 2009
Posts: 12778

Mon Jul 28, 2014 10:29 am
The first paragraph is me :P

Adeline
YoWild

Status:
Registered: Aug 12, 2009
Posts: 13010

Mon Jul 28, 2014 10:30 am
And that is exactly how it should be, Rod. We who work get paid, so to speak. Those who beg, do not. I am so tired of those who want everything re-released or given to them, I could and have spit, many times. I actually read someplace that those who quit the game in 2012 and came back recently want everything that was put in game while they were gone added back in! Those of us who bought vip and continued in game despite freezing, hacking etc. just need to suck it up and not make a fuss. Let me tell you I will make a fuss until I quit this game. And enough with the constant BigV please release or re-release this!

Winky Dink
#1 YoFiend

Status:
Registered: Oct 04, 2009
Posts: 55828

Mon Jul 28, 2014 10:31 am
vicky (107489937) wrote:good lord that's alot to read :lol:


That's the edited version. LOL :lol:

Borgessa
YoFan

Status:
Registered: Sep 27, 2009
Posts: 1825

Mon Jul 28, 2014 10:31 am
I read it, actually made sense to me. But it is late, and I am sleep deprived.

Mamba
YoAdmirer

Status:
Registered: Jul 09, 2008
Posts: 2053

Mon Jul 28, 2014 10:37 am
This all makes perfect sense to me, and is a pretty good view of how the game is operating. I don't understand all the people who go into anaphylactic shock every time BVG makes a decision regarding items in the game. The value of older items overall have maintained their value..

Adeline
YoWild

Status:
Registered: Aug 12, 2009
Posts: 13010

Mon Jul 28, 2014 10:40 am
Mamba, it is the principle of the thing. We don't like to see people lie to BigV about items to try to get them to re-release them. BigV has drawn the line on what they will be bringing back and that should be the end of it. However, it isn't as people keep trying.

tink
YoFollower

Status:
Registered: May 15, 2014
Posts: 1072

Mon Jul 28, 2014 10:43 am
i might be wrong. bvg can give rares a run for there money, shark hats and some of there others stuff is better quality. i think if they keep going the way they are it will lure players to buy the new stuff. which is a good thing :)
which shark had would you buy, older one or the new one bvg released ?

Winky Dink
#1 YoFiend

Status:
Registered: Oct 04, 2009
Posts: 55828

Mon Jul 28, 2014 10:44 am
Adeline (113719515) wrote:Mamba, it is the principle of the thing. We don't like to see people lie to BigV about items to try to get them to re-release them. BigV has drawn the line on what they will be bringing back and that should be the end of it. However, it isn't as people keep trying.


People make coins off of spreading rumors and casting doubt. This will never change as long as there is a Yo. Humanity is a fickle species when it comes to logical reason versus emotional speculation.

Mamba
YoAdmirer

Status:
Registered: Jul 09, 2008
Posts: 2053

Mon Jul 28, 2014 10:44 am
Adeline (113719515) wrote:Mamba, it is the principle of the thing. We don't like to see people lie to BigV about items to try to get them to re-release them. BigV has drawn the line on what they will be bringing back and that should be the end of it. However, it isn't as people keep trying.



But aren't you assuming that BVG is listening to the lies players are saying to them about items. What proof do you have about this? How do you know BVG isn't making the decisions to release items based on their own personal information? People who are saying that the company is being manipulated. I find this claim to be unfounded. I'm going to give them the benefit of the doubt that they are smarter than that.

Winky Dink
#1 YoFiend

Status:
Registered: Oct 04, 2009
Posts: 55828

Mon Jul 28, 2014 10:48 am
tink (185739646) wrote:i might be wrong. bvg can give rares a run for there money, shark hats and some of there others stuff is better quality. i think if they keep going the way they are it will lure players to buy the new stuff. which is a good thing :)
which shark had would you buy, older one or the new one bvg released ?


The substitution effect is in play only if you own neither item and are buying one of them for fun. If I own the old hat as a 'rare' item, it still retains more value as a rare item versus the new one. It is 'worth' more to collectors than the new one. The new hat's value is that it satisfied some players' 'want' for a silly shark hat, not a collectible item.

And I absolutely that it is a great thing that BVG is luring older players back into buying stuff. I blew through 100 yo cash this weekend like it was nothing. At this rate I might actually need to buy some for Halloween. :)

tink
YoFollower

Status:
Registered: May 15, 2014
Posts: 1072

Mon Jul 28, 2014 10:52 am
Hot Rod (126579776) wrote:
tink (185739646) wrote:i might be wrong. bvg can give rares a run for there money, shark hats and some of there others stuff is better quality. i think if they keep going the way they are it will lure players to buy the new stuff. which is a good thing :)
which shark had would you buy, older one or the new one bvg released ?


The substitution effect is in play only if you own neither item and are buying one of them for fun. If I own the old hat as a 'rare' item, it still retains more value as a rare item versus the new one. It is 'worth' more to collectors than the new one. The new hat's value is that it satisfied some players' 'want' for a silly shark hat, not a collectible item.

And I absolutely that it is a great thing that BVG is luring older players back into buying stuff. I blew through 100 yo cash this weekend like it was nothing. At this rate I might actually need to buy some for Halloween. :)


i stocked up, love some of the stuff on timers

RENEE
YoCrazy

Status:
Registered: Jul 10, 2009
Posts: 21601

Mon Jul 28, 2014 10:53 am
Adeline (113719515) wrote:And that is exactly how it should be, Rod. We who work get paid, so to speak. Those who beg, do not. I am so tired of those who want everything re-released or given to them, I could and have spit, many times. I actually read someplace that those who quit the game in 2012 and came back recently want everything that was put in game while they were gone added back in! Those of us who bought vip and continued in game despite freezing, hacking etc. just need to suck it up and not make a fuss. Let me tell you I will make a fuss until I quit this game. And enough with the constant BigV please release or re-release this!


Huh? Say that again?
I know that a few are yelling for re-releases, but it's falling on deaf ears. Let them yell and beg and plead. I just ignore them. It's much easier than trying to reason with them.

flower cage
YoApprentice

Status:
Registered: Jun 08, 2013
Posts: 196

Mon Jul 28, 2014 10:59 am
Borgessa (124826802) wrote:I read it, actually made sense to me. But it is late, and I am sleep deprived.




it made no sense to me either and i'm not sleep deprived :lol:


Image

LilyDarling
YoFollower

Status:
Registered: Apr 22, 2013
Posts: 1455

Mon Jul 28, 2014 11:34 am
Hot Rod (126579776) wrote:Many honest players have the items they do because of what they earned and what they spent over time playing Yo. The more you played and the more you spent, the more items and coins you accumulated. At some point either time, poor game control, or boredom caused some of these players to stop spending or stop playing. A few of them are now back along with many who stayed just to watch Rome burn. But what remains is that the sum of these players' efforts in playing and spending on Yo have value. Even as the unreleased items are hitting the stores and the buying and selling occurs, the 'wealth' created from the history of playing remains. Prices have not slid as deep or as fast as I thought they would, even as coins are sucked from Yo.

My guess now is that it will be a slow grind to draw 'rare' item pricing down to levels that seem reasonable. But the reverse inflation is really a lie as the buying power of an old item will remain constant. For example, if there are 100 coins in all of yo and sell my rare at 10, I effectively traded 10% of the market. If there are only 10 coins in all of Yo and I trade my item at 1, I have still effectively traded 10% of the market.

I guess my point is that there will never be a redistribution of the value of the old items. Their value remains constant in relation to the overall value within Yo. Players who want them, will always have to buy yo cash and deal or trade efficiently enough to obtain them. They will never fall to a level that will be low enough that a factory runner will ever own one.


I agree with you. It's been very interesting to watch the economy first, in free fall, and then beginning to stabilize which (IMO) is where we are now.
While a couple of things actually went UP in price (Yorothy for example) I think they have to come back down because there are not enough coins left in the game to justify the inflated price, even if its extremely rare.

Most 08 costumes and rares are slowly coming down. I think the stabilization will cement at some point when BVG introduces a way to earn coins.

There are 3 main types of players in yo
1. Earns coins by working and saving, buys yocash for personal use, never sells anything.
2. Works, saves, sells yocash rarely, buys and sells
3. Buys and sells for profit and buys and sells yocash for profit.

I may have missed someone but I think those are the ones there are the most of. The economy will be stabilized when player type 1. feels safe in spending those carefully hoarded coins on something expensive.

RiveR SonG
YoGroupie

Status:
Registered: Jul 12, 2011
Posts: 4752

Mon Jul 28, 2014 11:36 am
The Yoville 'market' or Economy is essentially a giant auction - only instead of antiques and heirlooms, it's ownership in 'items' being rare or new that's up for grabs. Items are traded in various areas, ah, events ect. Generally, the price of an item is determined by supply and demand. For example, if there are more people wanting to buy an item than to sell it, the price will be driven up because those items are rarer and people will pay a higher price for them. On the other hand, if there are a lot of items for sale and no one is interested in buying them, the price will quickly fall.
It's somewhat like the stock exchange with demand or lack of demand determining the value of something. So this is one of the reasons I have no problem with players asking for unreleased, indeed I have asked myself, why? Because it levels the playing field for everyone who has now the opportunity to obtain something valuable. Yes the value will decrease but for a while only. Also going back to what you said and you made some very valid points, it will encourage ' older ' players who invested in the game back and hopefully encourage new players, therefore boosting the whole yo economy.

Thanks for your post, have a great day.

Adeline
YoWild

Status:
Registered: Aug 12, 2009
Posts: 13010

Mon Jul 28, 2014 11:40 am
Renee (108305250) wrote:
Adeline (113719515) wrote:And that is exactly how it should be, Rod. We who work get paid, so to speak. Those who beg, do not. I am so tired of those who want everything re-released or given to them, I could and have spit, many times. I actually read someplace that those who quit the game in 2012 and came back recently want everything that was put in game while they were gone added back in! Those of us who bought vip and continued in game despite freezing, hacking etc. just need to suck it up and not make a fuss. Let me tell you I will make a fuss until I quit this game. And enough with the constant BigV please release or re-release this!


Huh? Say that again?
I know that a few are yelling for re-releases, but it's falling on deaf ears. Let them yell and beg and plead. I just ignore them. It's much easier than trying to reason with them.


I am not sure what you are saying "Huh?" about. I have been ignoring them. When I saw them going for the black cat clock, I decided it was time to speak out. And I did and Viking John said it will not be re-released. I personally think re-release threads should go into suggestions and not be on discussions at all.
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