How are People Finding Extreme Amounts of Currency?

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Path_of_Illusion wrote:
understand the part that rings like that are available for a much cheaper price before they get picked up and relisted by either the already rich or soon to be rich players.


then those people are mugs who dont know how to value items, that ring is worth exalts, for sure.


People dont know how to value items. They see an item and they think oh, thats worth 10c, its only got 34% lightning resist and the defense roll is only 85%, no way is that worth an exalt. Right... but if it had t1 light res and t1 defense roll then its a 6x t1 item that is literally mirror worthy and would be worth 100s of exalts, 100s, and yet people think well its not worth 2 exalts because its got a few meh stats... no man thats a 5ex+ item, you just sold it for 5c, because ur clueless, and if someone flips it thats absolutely your own fault learn to price items.

People get stuck looking from the bottom up, well its better than a 5c item maybe its worth 10c? No man, look from the top down, how far off an item you would have to mirror for 250 exalts is this? Not far? Right well thats why some guy looking at 250ex for perfect or 5ex for still pretty damn good and has all the right shit just slightly lower values is gonna say hell yes, gimmie that 5ex item I just got a bargain, I would have paid 10ex for it at a push.
I love all you people on the forums, we can disagree but still be friends and respect each other :)
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jebroni wrote:
He got 72 mirrors by crafting +3 bows a very clever way. People who say new comers cant catch up to the filthy rich in standard arent thinking outside the box apparently :p


well there you have it, you get a little rich and then find a way to use that to get very rich, and then you snowball it and literally become god.

Where is the rmt in this chain? Its the 30 guys that rmted 35ex each to buy some of the bows, thats where the rmt fits into the chain. It happens, but dont presume the dude sitting on the only chair in the house when the music stops had anything to do with rmt or in any way condones that sort of behavior.
I love all you people on the forums, we can disagree but still be friends and respect each other :)
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Snorkle_uk wrote:
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Path_of_Illusion wrote:
understand the part that rings like that are available for a much cheaper price before they get picked up and relisted by either the already rich or soon to be rich players.


then those people are mugs who dont know how to value items, that ring is worth exalts, for sure.


People dont know how to value items. They see an item and they think oh, thats worth 10c, its only got 34% lightning resist and the defense roll is only 85%, no way is that worth an exalt. Right... but if it had t1 light res and t1 defense roll then its a 6x t1 item that is literally mirror worthy and would be worth 100s of exalts, 100s, and yet people think well its not worth 2 exalts because its got a few meh stats... no man thats a 5ex+ item, you just sold it for 5c, because ur clueless, and if someone flips it thats absolutely your own fault learn to price items.

People get stuck looking from the bottom up, well its better than a 5c item maybe its worth 10c? No man, look from the top down, how far off an item you would have to mirror for 250 exalts is this? Not far? Right well thats why some guy looking at 250ex for perfect or 5ex for still pretty damn good and has all the right shit just slightly lower values is gonna say hell yes, gimmie that 5ex item I just got a bargain, I would have paid 10ex for it at a push.


Apparently people don't know how to read either. Perhaps your points would have some merit IF it was hard to get a similiar item as a drop, compared to the time it takes to get an exalted orb as a drop. Are you perhaps missing the point entirely? Let me spell it out for you.

Op asks how do all dem peepz get so much currency! I play the game yo, I don't even get close. People tell him yeah just play a lot you might get a few exalts every month, oh yeah and trading (lol). Then I tell him yeah actually, it's all about trading because it makes currency just THAT MUCH FASTER compared to actually playing the game. You wouldn't price that ring at 5-10 exalts if you didn't play the AH tycoon game, because you'd barely have that amount of exalts. It is very important that you understand this part before you say 'hurr that item is worth x exalts, you're clueless'. Trading is so influential and profitable that it becomes a much faster method to gain currency compared to anything else. Traders know this, they pick on t1 stat items & certain stat combinations, and will raise the price until it is way out of balance with the drop rates of such items vs drop rates of high tier currency. What you price an item at is done so as the traders' price, not as the players' price.

Essentially there's 3 layers of players:

- Actual players, they are the lowest tier and so new players are included. They refuse to go along with the artificial price and base the value on "what's going on in-game and not on poe.trade", and new players just won't know. They are probably glad that they managed to get all that 3rd party software required to trade (properly) and won't mind failing their first few deals while getting the hang of things.

- Part PoE player, part poe.trade player. They are the mid tier. These people can even be completely clueless about how a certain price came to be but they do look it up on poe.trade, and list their item according to the general price range that they see on there. They will profit from the (usually) artificial price but they still spend their time playing the actual game aswell. Big mistake if you want to be really rich asap.

- Full on poe.trade player. Anything that goes on in the game is pretty much only seen as a market development for them. They control the market because they have the most currency, and can bend the 'value' of items the way they want it to bend. Buy from the actual players, list it for a much higher price and wait until either an actual player barely picks it up, part player picks it up if they need it, and in an unlikely case a poe.trader picks it up because they have mischievous plans to raise the 'value' of an item. The clunkiness of the system makes some turn into a part player, but in return this gets rid of some competition = yay you now have a better shot at buying items from real players before they get bought by someone else. You can be this player quite easily if you are willing to use nice, legit or new players as a stepping stone, a pawn, in order to get what you want. You only need some currency and a few of those 'ermagerd epic' *cough* rare items to get into it, and you'll gain currency much faster than when playing the actual game right away.

But yup this game is made for gamers who like ARPG's, not for merchanters/gold farmers or anything.
Last edited by Path_of_Illusion#0741 on Aug 18, 2015, 11:26:57 PM
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Path_of_Illusion wrote:

Apparently people don't know how to read either. Perhaps your points would have some merit IF it was hard to get a similiar item as a drop, compared to the time it takes to get an exalted orb as a drop...




ok so essentially what you are saying is that when estimating an items trade value we should be considering it from the perspective of a player who doesnt trade.... right...


welcome to the page, glad we could all get together and understand why its worth exalts.



For the record, that ring is far more rare than an exalt drop tho.




Food for though, I trade loads of items, I now have 50ex. Then I buy an item for 50ex, now those are someone elses 50ex. Then he buys a number of items, spends all 50ex, now those are other peoples exalts... in a matter of 4 weeks how many people do you think can have owned and then spent those 50 exalts? They dont disappear, you with me? There can be 50ex in circulation and over a period of a month with only 50ex total in the game 100 people can have owned and spent 50ex. If they all also found 1 ex each in that month now we have 150ex going round and round and round and round and maybe they all end up in 1 guys hands again at some stage and he buys an item for 150ex and then that dude spends them on 75 items worth 2ex each and they keep going round and round and round... Its only when they get into the hands of a crazy person who actually uses 150ex crafting something that they disappear, until that point we can all carry on spending them like mad.

If I get 10 of them, spend them on that ring, and then half an hour later aim spends the 10ex I gave him on a chest from joe, and then 20 mins later joe spends the exalts on a pair of boots from dan, and then an hour later dan spends the 10ex buying a belt from me, then I can spend the same 10 exalts buying a hat from aim again. It doesnt matter that between us all we only found 1 exalt in that time frame, that doesnt make the items we are trading worth at most 1 exalt because that is the drop rate of exalts vs the drop rate of the items we found. Its not about the drop rate of exalts, its not even about the amount of exalts in circulation, its about the frequency of trades, how often the same exalts change hands. If 100 people find 1ex each then through trade they can all potentially own 100ex, spend 100ex, then make 100ex, then spend it, then make it back again in the space of a single day if the volume of trades taking place is high enough, we can all find 1 exalt and 3 items worth 100 exalts and that can all work out through the system as long as we keep spending them, and we can do this in a day where we all spend a total of 20 minutes trading and 6 hours playing.
I love all you people on the forums, we can disagree but still be friends and respect each other :)
I just grinded/sold my way up to 8ex pure, not to mention my other currency. That's just in the last couple days. And I don't use any MF, other than the like 20% rarity I have on one item. Standard league. All it comes down to is putting in the time, and knowing what to pick up and sell, and current prices so you don't get ripped off. That's the worst part about making currency, every one is out to get theirs and screw you in the process.
Last edited by lsp#2358 on Aug 19, 2015, 5:28:07 AM
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Path_of_Illusion wrote:
Xav, I've just edited my post. You'd do well to read the 2nd bit. Especially understand the part that rings like that are available for a much cheaper price before they get picked up and relisted by either the already rich or soon to be rich players. You won't see them listed for very long though because of people 'playing' poe.trade more than the actual game.

The problem is that the gap between actual price and rip off price is way too big, mainly because the trade system is so clunky. I should really say partly but I must admit that the system is made intentionally clunky yet only adding to the problem does annoy me quite a bit. It leads to a situation where it is much more profitable to 'play' this game in an AH tycoon sort of way if you know what's up. Not trying to sound salty though I understand if it sounds that way, this is just the way it is and will be until either trading is removed or when a proper trade system is introduced to the game which will shrink the margins.


But the actual price is the "rip off" price. Not sure what you mean. Rip off = a newbie drops a lucky exalt and I tell him it's worth 1 chaos and he sells me the exalt for 1 chaos. That's a rip off. That ring is easily worth 5 ex (definitely not 10 ex though) so I really don't see where the rip off is.
GGG banning all political discussion shortly after getting acquired by China is a weird coincidence.
Hmm. I don't have enough time to write up more explanation/counter argument posts like saying you know Snorkle, exalts leave the game aswell because people use them for crafting, so I'm just going to say this. By opposing what I posted, you are saying that:

- The game doesn't starve you

Now let's say that it does starve you, then you are saying that:

- This does not cause people to try and value an item as soon as it has a few decent stats
- This does not cause people to gain currency in a faster way by playing poe.trade instead

Now let's say that a lot of people do play the poe.trade game, then you are saying that:

- This does not drive up the price of decent+ items to a point where it is only easily affordable by people who trade *a lot*.

And lastly:

- There's no such thing as greed. Everyone is all looking out for eachother, especially on a game where RNG is such a huge factor while requiring specific stats and quite a lot of currency to make most builds work endgame wise.
Last edited by Path_of_Illusion#0741 on Aug 20, 2015, 11:09:28 AM
Okay, i spent an entire week magic finding doing maps/Bosses/Div cards and not once did i find an exalted orb. Where is everyone finding so many exalted orbs? This still does not explain where they are coming from. There must be some hidden source that us magic finders don't know about haha.

Anyways... is there really that many people playing path of exile to be able to produce 72 mirrors??
On Poe.xyz there are a total of 7 mirrors for trade(When i checked a few days ago). So, some one is getting really lucky.


I'm loving everyone's thoughts/comments so far this post has been very informational to me and many others i presume.

Still, a question remains somewhat unanswered and that is How are there so many exalted orbs in the game when people are constantly using them for crafting, and not to mention the drop rate is close to nothing. There would have to be millions of players playing constantly for players to produce a hefty income. I GUESS I MISSED SOMETHING...


-Blood

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BloodShotEyes wrote:


Still, a question remains somewhat unanswered and that is How are there so many exalted orbs in the game when people are constantly using them for crafting, and not to mention the drop rate is close to nothing. There would have to be millions of players playing constantly for players to produce a hefty income. I GUESS I MISSED SOMETHING...


-Blood



Neither of these is 100% correct. Drop rate of ex isn't that small (not really close to nothing) and people don't use them to craft too often. Well, at least they think twice before doing that.
Burn all the orbs!
if a mirror wasn't rare enough it wouldnt be worth anything...
ign: ALLRAUDER

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