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d2jsp Forums > Other Games > MMORPG > Runes of Magic > Runes Of Magic - Setting Fair Market Value
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Jun 21 2009 12:11pm
So, I have seen several people selling RoM gold, and I have seen an equal number of people whining about the amount those people are charging. Let's have a discussion about what real fair market value is.

Although I'm loathe to do so, one easy point of comparison is using current gold seller prices. Current cost through a gold seller is ~$13(usd) per million. Using the donation values (although this isn't a perfect way to compare) $1 = 30fg. So, using simple arithmetic we're at 390fg per million. Assuming all of these things (I know there are a lot of other variables that effect value) we're looking at ABOUT 1fg per 2500 game gold.

Now of course this is all a moot point if no one is willing to sell their RoM gold at these rates, and it's also a moot point if people are WILLING to buy at higher prices. But it seems to me like there are a lot of "I'm selling" posts, where the only response is about how overpriced the gold is. So, to the sellers...how much have you been offering your gold at? Have people actually been buying it at those rates?

My guess is we simply do not have enough high lvl RoM players to create a proper supply chain, so the very few that do have millions are trying to get as much as people will pay. This is totally understandable, but if no one is actually buying at these prices we need to make others aware so they don't feel like they're being ripped off selling for less than 1k per FG.

Anyway, what do you all think? Let's try and keep the conversation civil.
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Jun 21 2009 12:24pm
well the first gold sellers on jsp were offering a ratio of 2FG per 1000k gold. or 5FG for the 2500 based on your example.

personally i think that is high (and i'm a seller). but what your model neglects to account for is

a] jsp allows people an IRL currency free trade option. for those not wanting to spend real dollars and cents they can aquire FG and in game items.
b] gold (early on) is actually hard to come by if you plan on "gearing up" a new character. the costs in RoM of doing this on one's own with no high level filtering items, is staggering.
c] the gold economy in RoM is still itself not recovered from the 30d diamond holds, and as such any conversions of G to FG may easily become moot when/if the in game economy changes again.

I like that you've brought this up for discussion, but there are underlying circumstances that make it a more complicated discussion than i think you originally outlined.

This post was edited by nemecis on Jun 21 2009 12:24pm
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Jun 21 2009 03:18pm
Quote (Ziffy1121 @ Sun, 21 Jun 2009, 12:11)
So, I have seen several people selling RoM gold, and I have seen an equal number of people whining about the amount those people are charging.  Let's have a discussion about what real fair market value is.

Although I'm loathe to do so, one easy point of comparison is using current gold seller prices.  Current cost through a gold seller is ~$13(usd) per million.  Using the donation values (although this isn't a perfect way to compare) $1 = 30fg.  So, using simple arithmetic we're at 390fg per million.  Assuming all of these things (I know there are a lot of other variables that effect value) we're looking at ABOUT 1fg per 2500 game gold.

Now of course this is all a moot point if no one is willing to sell their RoM gold at these rates, and it's also a moot point if people are WILLING to buy at higher prices.  But it seems to me like there are a lot of "I'm selling" posts, where the only response is about how overpriced the gold is.  So, to the sellers...how much have you been offering your gold at?  Have people actually been buying it at those rates?

My guess is we simply do not have enough high lvl RoM players to create a proper supply chain, so the very few that do have millions are trying to get as much as people will pay.  This is totally understandable, but if no one is actually buying at these prices we need to make others aware so they don't feel like they're being ripped off selling for less than 1k per FG.

Anyway, what do you all think?  Let's try and keep the conversation civil.


you can't base jsp values off of gold sellers prices, jsp is a community of people who play games and sell gold/items/services for fg to play other games. gold sellers are a bunch of bots that farm gold for real life money. This would be like going onto a diablo 2 shop online and saying soj's are $5 so i want 150fg for it.
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Jun 21 2009 05:33pm
I'm not suggesting that gold seller prices are a perfect method of comparison, but it gives you an idea of what people are actually paying...in real money, for gold. It also gives you a good concept of what is considered a good amount of gold in general. I could also use diamonds as an example. 600 diamonds for $22 at 30-40k per diamond. That's 1,800,000 for $22. That is actually right in line with what I had mentioned before, if not a bit higher (closer to 2700gold/fg). I completely understand nemecis' point, and there are surely more underlying facts. I'm not really trying to debate my math though, so much as open the door for people to explain what they feel is a good value and why.
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Jun 21 2009 05:35pm
Quote (TcDpwnsuD2 @ Sun, Jun 21 2009, 02:18pm)
you can't base jsp values off of gold sellers prices, jsp is a community of people who play games and sell gold/items/services for fg to play other games. gold sellers are a bunch of bots that farm gold for real life money. This would be like going onto a diablo 2 shop online and saying soj's are $5  so i want 150fg for it.


Eh....Not totally true. People buy online all the time to sell on JSP for FG profits. What needs to happen is that we need a good supply of gold coming in. Me and my friend Shing were the main suppliers for Artemis, but I've been too busy to do anything on RoM lately, and Shing hasn't been playing, so we're hitting a dry spill. Expect the prices to be fucked up a little while longer. I promise when I start farming again, I will drop the prices to make it more fair, and easy for new comers to get into it.
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Jun 22 2009 04:36pm
i just paid 1 fg - 2k gold on artimes server.
this is fairly reasonable atm imo
got 350k for 170 fg

This post was edited by little_foot on Jun 22 2009 04:36pm
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Jun 22 2009 05:46pm
lol ><
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Jun 25 2009 10:53pm
Quote (little_foot @ Mon, Jun 22 2009, 10:36pm)
i just paid 1 fg - 2k gold on artimes server.
this is fairly reasonable atm imo
got 350k for 170 fg


gz,that is a fair trade: 1fg-2k gold




btw i agree with ziffy beacuse we do have to set a fair ratio because honestly i dont wanna pay 1fg for 1k gold or 1fg for 500.000 gold as i saw in some topics
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Jun 25 2009 11:40pm
Quote (Ziffy1121 @ Sun, Jun 21 2009, 02:11pm)
So, I have seen several people selling RoM gold, and I have seen an equal number of people whining about the amount those people are charging.  Let's have a discussion about what real fair market value is.

Although I'm loathe to do so, one easy point of comparison is using current gold seller prices.  Current cost through a gold seller is ~$13(usd) per million.  Using the donation values (although this isn't a perfect way to compare) $1 = 30fg.  So, using simple arithmetic we're at 390fg per million.  Assuming all of these things (I know there are a lot of other variables that effect value) we're looking at ABOUT 1fg per 2500 game gold.

Now of course this is all a moot point if no one is willing to sell their RoM gold at these rates, and it's also a moot point if people are WILLING to buy at higher prices.  But it seems to me like there are a lot of "I'm selling" posts, where the only response is about how overpriced the gold is.  So, to the sellers...how much have you been offering your gold at?  Have people actually been buying it at those rates?

My guess is we simply do not have enough high lvl RoM players to create a proper supply chain, so the very few that do have millions are trying to get as much as people will pay.  This is totally understandable, but if no one is actually buying at these prices we need to make others aware so they don't feel like they're being ripped off selling for less than 1k per FG.

Anyway, what do you all think?  Let's try and keep the conversation civil.




Your maths are way wrong, like usual and let me tell you why.
You say that 1$ = 30 FG, and that is only for new d2jsp user.
Once you have access to the Donor Forum, you can sell Forum gold, here is a small example.

Bobby gives 4800 FG for each 100$ Donation ( to Njaguar, but Bobby will get the extra stars and so will the buyer, and the buyer will get the 4800 FG ) and the example I used is actually pretty accurate in term of FG for 100$.
And also comparing what FG is worth via $$ is not the same, its depend of supply and demand also, not just bout rates.

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Jun 26 2009 07:16am
Quote (Makemetalmusic @ Mon, 22 Jun 2009, 01:35)
Eh....Not totally true. People buy online all the time to sell on JSP for FG profits.  What needs to happen is that we need a good supply of gold coming in. Me and my friend Shing were the main suppliers for Artemis, but I've been too busy to do anything on RoM lately, and Shing hasn't been playing, so we're hitting a dry spill. Expect the prices to be fucked up a little while longer. I promise when I start farming again, I will drop the prices to make it more fair, and easy for new comers to get into it.


IMO it ain't fun to begin a new game by buying a huge pile of gold or any in-game currency. People should just start playing the game and earn theri own items insteaad of buying stuff with their fg.
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