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The Naowegian economy

HelsaHelsa
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in Nao Chat
I wanna track how the Naowegian economy is doing from the merge. If you can visit this thread often and post how you feel the prices are compared to your old server. Let us know what your old server was too. Then we can see how the economy evolves. Thanks in advance!

Comments

  • CrimsCrims
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    The prices of things are erratic right now. The market is in chaos for the time being.
    SpareohDarkpixie99
  • HelsaHelsa
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    Is it just personal shops, kiosks, mailbox, and person to person sales right now? No housing market?
  • HarukariHarukari
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    Ya. It's only day 2, everyone has 0 clue on what to price things right now, especially with the AH being disabled, unless it was fixed while I was sleeping, but doubt that.
    Spareoh
  • HelsaHelsa
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    So JUST AH is down? What about housing market? Although things maybe chaotic, at the moment how do you feel the prices overall are, the same, higher, or lower? Just the general feel.
  • HarukariHarukari
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    Helsa wrote: »
    So JUST AH is down? What about housing market? Although things maybe chaotic, at the moment how do you feel the prices overall are, the same, higher, or lower? Just the general feel.

    I haven't really had the chance to check prices, but someone did say someone was trying to sell a rebirth pot for 15m. So I'd say it's pretty bad right now lol.
    No idea if housing channel is busted too. Wouldn't surprise me though.
    Spareoh
  • LadameLadame
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    edited June 5
    I'm not on Nao, but... I'd be wary of scalpers with RB pots and such atm. They are probably just trying to take advantage of people's desperation as the x10 ap event gets near. :(

    edit: Yeah they are 20m+ on Alexina right now. It's just event prices. Dx
    Spareoh
  • RheyRhey
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    edited June 5
    The combined gold of Tarlach, Mari, & Ruari has made stuff super inflated. Low end is around 25m as of now. Highest avg is around 80m atm. Back on Mari it was between 10m for low end and 50m for high end.
    Spareoh
  • HelsaHelsa
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    Rhey wrote: »
    The combined gold of Tarlach, Mari, & Ruari has made stuff super inflated. Low end is around 20m as of now. Highest avg is around 80m atm.

    What ere you used to seeing before? What was your old server?
  • RheyRhey
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    Helsa wrote: »
    Rhey wrote: »
    The combined gold of Tarlach, Mari, & Ruari has made stuff super inflated. Low end is around 20m as of now. Highest avg is around 80m atm.

    What ere you used to seeing before? What was your old server?

    edited post abit. Updated the info abit based on what I'm noticing now and back on mari.
    Spareoh
  • purpleypurpley
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    From what I've seen so far in shops and AH before it was taken down prices are way higher than they were on Mari.
    Tunii
  • JJJJ
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    edited June 5
    Naogian*?
    From Mari. From what I've seen, craft-able consumables such as potions and holy water are down, while other stuff such as gacha is up. I suspect the other stuff will go down over the next few days, for now people are pricing things high to avoid under-selling their goods.
    Interestingly, dyes seem to be scattered. Some are higher priced than normal while others are lower. I'm not certain, but I think most expensive dyes are up while cheaper dyes are down.
    It's only been 2 days, so it's hard to draw a conclusion from my charts. Especially since the AH was taken down after a few hours of Nao being released from prison and allowed to be a server again. I'm sure that people, myself included, are holding off buying/selling things until the AH is back up, so that will throw things off again when that happens.
  • HelsaHelsa
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    Is the housing market available on Nao?
  • PlatinaKokiPlatinaKoki
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    Another thing ruined by the merge.

    Nice going, Nexon.
  • HelsaHelsa
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    Another thing ruined by the merge.

    Nice going, Nexon.

    Apparently the housing market is working but everyone's house bids have to clear first.

  • ShogaiShogai
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    As an addicted, and poor, window shopper of Mari: The price rollercoaster is incredibly entertaining to watch but horrifying to think about trying to ride for any later purchases. Hopefully everything will even back out to fair and accurate prices, but even with the proportioned gold/person ratio of now 3 servers I doubt things will settle well.
    Tunii
  • GTCvActiumGTCvActium
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    @Helsa You might as well make a character on Nao to observe the economy because you have as much clue about it as the people currently on the server. Since it's 3 different economy dynamics being forced together, people are making assumptions on pricing and speculating on the average wealth of the meta player (which has changed wildly).
  • HelsaHelsa
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    edited June 6
    Shogai wrote: »
    As an addicted, and poor, window shopper of Mari: The price rollercoaster is incredibly entertaining to watch but horrifying to think about trying to ride for any later purchases. Hopefully everything will even back out to fair and accurate prices, but even with the proportioned gold/person ratio of now 3 servers I doubt things will settle well.

    An increase in population increases the money supply. Increase in money supply leads to inflation. That prices are going up is not surprising. The AH and HM being "off-line" is limiting the ability to conduct business. As a result this reduces what is called the velocity of money and, as a result of that, this lowers the marginal propensity to consume which cools off the economy. Cooling off the economy puts a check on inflation. So once AH and HM go online, you may be interested to see what happens to prices then.
    GTCvActium wrote: »
    @Helsa You might as well make a character on Nao to observe the economy because you have as much clue about it as the people currently on the server. Since it's 3 different economy dynamics being forced together, people are making assumptions on pricing and speculating on the average wealth of the meta player (which has changed wildly).

    Good idea. Don't worry though; I have. Pre-merge I had a Tarlach, a Ruairi, and a Mari character. But I only went to visit non-Alexina friends and to joust for fun. So, I'm not familiar with the histories of those former servers economies. I'm asking folks, based on their "feelings" or what they know, if they are familiar with the old economies in more detail, and which server they are coming from. In real life one of the biggest factors in whether an economy is healthy or not is a result of whether enough people feel it is healthy or not.
  • TsunariTsunari
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    Helsa wrote: »
    Is it just personal shops, kiosks, mailbox, and person to person sales right now? No housing market?

    You can bid on houses right now. Every house seems to be auctioned to end on June 11 at midnight PST.
  • SherriSherri
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    I think it's in a coma rn O_O
  • Darkpixie99Darkpixie99
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    Gaea wrote: »
    The prices of things are erratic right now. The market is in chaos for the time being.

    Welcome to the post apocalyptic merge Tarlachian mindset.
    As soon as everyone else floods the AH with high valued items, prices will deflate.