I can't find credits at 4k so i went up to 5k now i can't find them at 6k and i won't go any higher. If anyone is selling credits pm me please.

nope but if you got imperian credits ill give you my lusternia credits

How much are imperial credits?

Everyone should make money on imperial, buy credits and then trade them over for lusternian credits if their anycheaper that is.

They're exactly the same, by the looks of it. Well, 'cept you can buy a 15 credit package on Imperian.

I just sold about 50 credits at 6000 and 50 at 6500 on credit market the last months, hope you got some of em...

cant people stop being greedy and start charging less...

No. (And don't jump on me, because I haven't sold credits in about a month)

The -reason- is all the dorks out there that are -willing- to buy at 6500.

THE PEOPLE BUYING THE CREDITS ARE RAISING THE PRICES, NOT THE PEOPLE SELLING THEM

Buck-passer.

It seems he has decided to blame you for everything. He's made similar comments in other threads, too.

then can everyone stop buying creds of market for a while so the prices go down *begs*

What right do you have to declare a person as being greedy for charging whatever price they wish to charge for credits that they themselves bought with their own real money? Umm, right.

You can bitch and whine about it but it wont get you anywhere and no, its not me. I always sell my OOC credits for 5k or less, even give them away for free a fair bit.

Again, what people fail to realize is that if people are willing to pay a price for services that are not essential to their survival, the sellers will not feel bad. If food went up to 5000gp a piece, -that- would be price gouging, because you need it unless you're over level 80. Stop buying them high, and we'll stop selling them high.

Supply and demand rules are in effect here (there aren't -that- many credits on market right now), prices are rising (flooding it would lower the price, but is impractical), but the biggie is the fact that people are willing to pay more for a non-essential service will make the price -not- go down.

Imagine the new Harry Potter books come out at $15. They are bought out. Prices go to $30. They are bought out. Prices go to $200. They are bought out.

Now, what's stopping it from -actually- doing that? The consumer! We won't pay stupid prices irl!

You know why we will in Lusternia? Because money is infinite, and we value our dollar more than our sovereign (rightfully so).

How dare someone say, ooc, that we're greedy for selling our credits that we earned with real money. Stop paying too much, you (collectively, you) deserve to have sold to you what you're willing to pay.

How dare someone say, IC, that we're greedy for selling high. You (not nessecarily you, but the people this applies to) are a dolt for paying that much! Imagine if twinkies started being sold for $10 each. Would you ever buy a twinkie again? Granted, there is no alternative to credits, and there are other fattening foods out there, but the principle remains.

I may not be well-versed in the rules of economics, but these things are -basic-. Thank your lucky stars we don't have a stock market.

I concur.


PS. Are we both waiting here for flames?

I hate getting flamed, because then I have to make a response. I think we have very valid points, and the people that are going to contend that either don't understand, or are not willing to listen to reason. I'm not mean, I just like to stretch my money.

I agree with Richter and Marsu, even though I am purely a credit consumer and do not ever buy with real money. The point about the gold sovereign supply being endless is a very good one. There's also the fact that the credit market is entirely anonymous. Would you still buy credits from the market if you knew the gold was going to your mortal enemy? How can anyone suggest a ban on the credit market when you have no way of identifying those who 'break the ban' and buy the credits anyway? I'm glad it's all anonymous, but I still wish that no one would ever buy credits and turn around to re-sell them at a higher price. It's better to make money and earn a little experience from ratting, questing, or plying your trade skill.

Well, I always forget where I've posted so thats never a problem for me

In what way is charging more for a luxury item any greedier than asking someone to charge less for it? Is the love of gold somehow morally superior to the love of credits (or the other way round)?

Exarius is rich as Midas and loves throwing his wealth around. To date, he's given away almost 5,000,000 gold worth of goodies, not even counting the communal investments he's made for the Shanthine Pride.

It's immensely satisfying to see someone's jaw drop when you pull out the keys to a cartel and hand them over to her. And you'd be amazed at the amount of fun I've had from the simple pleasure of helping the ocassional newbie out of her portal rags and into something more flattering.

But there's just no way to get the same kick out of putting anonymous credits up on the market at a 50% loss, wondering which gold-hoarding uber-basher (or wealthy businessman) is going to grab the lion's share first.

I'm right there with Richter in that if I see you putting out credits at hundreds or thousands below the going rate -- and I happen to have any of my assets liquidated -- you can bet I'm going to grab them.

And do I resell those credits? Maybe, because when I have huge amounts of gold on hand, I'm usually saving up for something, so I turn around and go right back to selling credits at market value to recoup my expenses. On the other hand, I would have kept right on selling credits at market value anyway, and I'll likely as not pass the extra credits on to my friends at bargain rates, so are my intentions half full or half empty?

In the end, it really doesn't matter. A commodity is definitionally under-priced any time the supply can't keep up with the demand. If I sold my credits at the prices you'd like to see, my supply would be gone in no time, and we'd be right back where we started.

All of your points were excellent, but this one was right on the mark, and some people need to understand it.

Our personal supply as ooc credit purchasers would be instantly depleted if we sold for something like, 2k per. Then what would happen? The few people that didn't comply with this demand to sell lower would have credits still at 6k. And you know what? People would buy them! Selling lower is not a long term solution unless everyone always does it. Selling lower gets rid of our stock, at what we percieve to be a loss, and we are not guarunteed that someone deserving is getting them. Some people get a few cheap ones, and then everyone who didn't would complain .

I can tell you, if there's 100cr for sale at 6000gp per, and Marsu puts some up at 2000gp per, you can bet that I'm going to either 1. Buy them, and use them or 2. Buy them and sell them at 5999. Is either of those situations favorable for you, complainer people?

So here's what you do.

Suck it up. And stop calling our IC attempts to make money, and our OOC attempts to save money, greedy. The fact that you (complainers) are poor at least IC is not our fault.

You do not need credits to survive.

Amen.

Just boycott the credit market, if you want to sell credits at lower prices keep them available to people in your guild or city. Have your guild or city make their own credit market and only buy and sell a maximum amount of credits at a fixed price.


I suggest we not even look at the credit market anymore.