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7-04-2011 @ 4:54PM
This is a horrible article. Living Embers are not a "Case in Point", Living Embers are an item in atypically short supply right now. They are not representative, they are not a case in point, they are not a sign that the markets are broken. You guys complaining that the markets are broken should just keep whining and leave the profits to us nonwhiners. I've made more profit since 4.2 than I did even in glyphmas. The markets are beautiful right now, and if you don't have the patience to simply wait for living embers to become available as raiders start to sell, go play Farmville.Do you guys go to the supermarket, see that element 109 is not readily available, and retreat to your bunkers to wait out the obviously occurring zombie apocalypse? Or do you keep this Chicken Little-ism to your gaming life?
7-04-2011 @ 5:01PM
"Do you guys go to the supermarket, see that element 109 is not readily available, and retreat to your bunkers to wait out the obviously occurring zombie apocalypse? Or do you keep this Chicken Little-ism to your gaming life?"Huh?O.o
7-05-2011 @ 8:21AM
The point is that by the time living embers comes down enough in price given the supply shortage, many people will have equal/better gear from raiding.There is no market right now for crafted gear. The article hits the nail on the head. Take my tailoring profession. Even if I could get my hands on 4 living embers for 60k plus 8 dream cloths that I would want to charge 1000g per, who would pay 70kg for epic gloves or boots that will be replaced with boss drops, VP, or Baradin Hold tier gear in a few weeks?
7-05-2011 @ 11:17AM
@albanesp:Hint: You're a tailor. You can craft boots with spirit, if you can get the pattern. No spirit cloth drops in Firelands. There is no other source of spirit cloth boots in the game.
7-05-2011 @ 1:16PM
markets function when optimally when there are certain conditions met: there and many buyers and sellers, no barriers to entry, identical good and a few other factors. this article has quite rightly pointed out that markets and not performing up to scratch because; barriers exist (raiders only) and there are not many sellers. when markets are efficient it is a beautiful thing but this is clearly not an example of one in action. If this was the real world this would be the perfect market for government intervention
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