|
|
|
|
|
|
|
|
|
Posted: Wed Feb 01, 2006 8:36 am
Did everyone see the announcement on the release of the gift credit program?
At first I just thought, "Oh great another way to flood the site with gold and drive down prices on our beloved items" But on second thought, this may be a way for us adults to get an advantage over the kiddies. There are a ton of donation items handed out each month making them worth less than they used to be. With the gift credits you can make direct purchases from the stores and sell the items at market. There are still a few High priced items in the stores that people quest for. $1 at the Gaia Store gives you 2000 gift credits, for example if there is a item at the Durem Depot that is 20000 gold (or 20000 gift credits) that equals $10. This can be purchased and sold at market for 19500 or higher turning the gift credits into gold. Kids may be able to convince their parents to donate 5 or 10 dollars a month so they can get donation items but I don't think they are going to be allowed to shop at the Gaia store whenever they want, this is our advantage as adults. I realize that not everyone can lay down cash for these things, but it gives us the opportunity to if you do have some spare cash to spend for this "game".
So....what is your take on the Gift Credits, good thing, bad thing, don't really care?
|
 |
 |
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Wed Feb 01, 2006 8:50 am
It's an interesting concept but it's not the greatest of conversion rates.
For example, lets take the fairy wings from Ian's shop, those are pretty popular. They go for 40K.
So if you give $20, you'd get 40K gold for the fairy wings.
If you gave $20 for donation letters, you'd get 8 sealed envelopes, which go for 5.5 to 6.5K. That'd be about 44 to 52K worth of gold if you sold them before the item comes out.
So I like the idea, and it's close to what it should be but not quite sweatdrop
|
 |
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Wed Feb 01, 2006 2:53 pm
I think, God I both know every now and then I am er, um incorrect, but I think the admins were attempting to take the power away from the ebay sales.
They are basically selling gold without selling gold. You get the credit, you buy something everyone likes, fairywings for example, then you undercut the market to make a fast profit. Yes the adults will finally have the advantage over the brats, er children of Gaia.
|
 |
 |
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Wed Feb 01, 2006 3:33 pm
SweetSisterSadie I think, God I both know every now and then I am er, um incorrect, but I think the admins were attempting to take the power away from the ebay sales. They are basically selling gold without selling gold. You get the credit, you buy something everyone likes, fairywings for example, then you undercut the market to make a fast profit. Yes the adults will finally have the advantage over the brats, er children of Gaia. That's a really good point 3nodding Though most people want at least 1K discount on commons that have been used. You still get more gold from the sealed envelopes though. 8 sealeds right now would be 48K instead of the 40K in the store.
|
 |
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Thu Feb 02, 2006 9:24 am
Unless you don't jump on the sales of the donation items or sealed envelopes, I always hang on to my envelopes, in hopes that it is some great item, then like with Jan items they drop to 4k. crying I feel robbed.Someone actually sold one of the swords last night for 3.3k. Their killing me. rolleyes
|
 |
 |
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Thu Feb 02, 2006 9:28 am
It's all in the instant gratification factor. I am with jailai that I get the sealeds and don't want to sell for 6k each because the items could do like the coco's and go for 10k each for the first day or two. Then I get burned when they plummet. stressed The gift credits are at least a sure thing. And easier for those of us who are not great at watching market values. redface
Kinda the lazy way out I suppose.
|
 |
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Thu Feb 02, 2006 12:35 pm
Yup, that instant gratification thing is true No_Grudges. It is better to hold onto them, but then some of us cheapskates (like me) who don't donate couldn't get any rofl
I mentioned the donation items always follow a schedule of sorts, where the days it is first released, it peaks, and then it falls. It'll go back up eventually. I'd seriously recommend selling the items on day 1 and then buying them back later. If you sent $5, you get two letters. That's 10 to 12K if you sell them as sealed envelopes. If you wait, they would have been 15 to 16K worth of gold when the swords came out.
If you sold them for 16 and waited, you could buy back the swords for 4.5 a week later and make 6 to 7K profit as well as having your two donation items. 3nodding Over time, they will go back up. The August letter went for 7.5 on day 1, and fell to 5 shortly after but slowly came back up and by late December, was around 8K again, and peaked at 9 in January.
|
 |
 |
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Thu Feb 02, 2006 4:38 pm
I plan on selling my envelopes when they are one or two years old. I donate ten to twenty a month, open one get item, play with said item, get bored, toss item in corner of inventory room, forget to clean up mess or turn off light and go play outside, of course slamming both doors on my way out.
|
 |
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Thu Feb 02, 2006 9:55 pm
SweetSisterSadie I plan on selling my envelopes when they are one or two years old. I donate ten to twenty a month, open one get item, play with said item, get bored, toss item in corner of inventory room, forget to clean up mess or turn off light and go play outside, of course slamming both doors on my way out. rofl LMAO, never did get past the Toys-R-Us stage did ya Sadie mrgreen Must be hell when your daughter grounds you to your room. xp
|
 |
 |
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Fri Feb 03, 2006 8:59 am
redface The kid is as bad as me, well I have for the most part changed my wicked sloppy ways cause, well I dunno, it just hit me one day in my early 20s I couldn't stand living in a mess. The kid on the other hand, oy vey!
I recently invested in 4 pairs of nitemare boots and a nightmare collar. I tossed them into inventory and will sell when they double what I paid for them. I think this is the advantage us adults have over the kids. We are much more patient and understand the rise and fall of natural econ. Whereas the kids(a few snot nosed rich brats if you ask me) buy up all the cheap ones and then dump them on the market for a ton more than the item is worth causing false inflation.
|
 |
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Sat Feb 04, 2006 9:48 am
SweetSisterSadie redface The kid is as bad as me, well I have for the most part changed my wicked sloppy ways cause, well I dunno, it just hit me one day in my early 20s I couldn't stand living in a mess. The kid on the other hand, oy vey! I recently invested in 4 pairs of nitemare boots and a nightmare collar. I tossed them into inventory and will sell when they double what I paid for them. I think this is the advantage us adults have over the kids. We are much more patient and understand the rise and fall of natural econ. Whereas the kids(a few snot nosed rich brats if you ask me) buy up all the cheap ones and then dump them on the market for a ton more than the item is worth causing false inflation. rofl Not just kids who are impatient. I'm totally guilty of it myself whee I'm trying to be better. I really would recommend selling the sealeds and then buying them back. That gives you short and long term investments. I know I'm a broken record on this but I sold my swords for 7.5 to 8.5, and I'm buying them back for 4 to 4.5 now. The artificial inflation drives me insane stressed But the mods aren't going to touch it. I've reported it, along with PMs I've been sent and the admins have made it clear not to interfere. So...blech stressed
|
 |
 |
|
|
|
|
|
|
|
|
|
|
|
|
Posted: Tue Feb 07, 2006 8:56 am
No_Grudges It's all in the instant gratification factor. I am with jailai that I get the sealeds and don't want to sell for 6k each because the items could do like the coco's and go for 10k each for the first day or two. Then I get burned when they plummet. stressed The gift credits are at least a sure thing. And easier for those of us who are not great at watching market values. redface Kinda the lazy way out I suppose. Can't say I'm much better, I bought some too then did the Fairy wing turn around. I sold them for only 500 less than store and they were gone in 2 hours. I also do pretty good on the donation letters but I won't sell them under a certain price. I am getting better at it. mrgreen
|
 |
 |
|
|
|
|
|
|
|
|
|
 |
|
|
|
|
|
|