HOLD ON TO YOUR MONEY! (in Off-topic)


{CB1ate}aupStar November 28 2005 10:39 AM EST

Want the price of CB$ to go back to where it was?

We'll give Ranger his supply and demand...;) By cutting supply we can push the price of CB$ back up to where it should be.

Strategy:
1. Hold on to your money!
2. Sell for no less then 15 USD
3. Send your money to me and I'll spam the forums back to how it should look like...;)

C'mon peoples! We don't want our money to be devalued! CB$ is being devalued because big USD spenders have been spamming the forums with gimmicks like supply and demand. They do this so they can buy even more CB$ for less USD and end up becoming stronger so they can kick our buttocks even more....Think, if there was no demand, why would so many people still be buying CB$..? o_O Smells like a gimmick to me...hehe

Lumpy Koala November 28 2005 10:48 AM EST

You are taking Ranger's word far too seriously :P
He just wants to buy with the price he desired, at the same time found a bunch of people who are willing to sell him that price, thus increasing his confidence to post in every CB2 sales thread :) No big deal.

Maelstrom November 28 2005 10:50 AM EST

*sigh*

Don't you remember that in CB1, 1mil $cb cost 10 $usd? Prices are finally going down to what they should be.

The point is that there is now such a large supply of $cb2 being sold that the prices have to go down.

smallpau1 - Go Blues [Lower My Fees] November 28 2005 10:52 AM EST

It wasnt till a year and a half that the price of cb1 to USD was 10:1

It didnt even take a full year to get there on cb2...

Maelstrom November 28 2005 10:54 AM EST

"till a year and a half" of what?

smallpau1 - Go Blues [Lower My Fees] November 28 2005 10:57 AM EST

*for the price to get to 10:1 rate, if I'm wrong, go ahead and correct me, but please tell how long from cb1's start that the rate got to 10:1

QBRanger November 28 2005 10:57 AM EST

This is way too funny.

I make some posts trying to buy cb2 at a 10 to 1 rate, and all of a sudden there is a great conspiracy. And as to me spamming, that is total crap. I am offering a price, if you do not like it, don't sell to me. This is the same as offers of 10 million for a 20 million NW Bone. If the seller wants to sell, it is a fair price. If not, then all the seller has to do is say no.

It is like the rate of usd to cb2 has to be 15 to 1 or I am causing quite a wave of dissension in the game.

If I remember cb1 correctly, before cb2 came out the rate was stable at 10 to 1.

I have been saying the rate of cb2 to usd is based on supply and demand. What the heck is wrong with the truth? The reasons the rate is dropping has been discussed at length via many past posts.

If you want to "price fix" then please try to do so. Funny though, you are doing the same thing as me---trying to get the best deal possible. But when I do it, it is wrong. When you do it, it is right?

Pot meet Kettle.

! Love Barney November 28 2005 10:58 AM EST

HOLD ON TO YOUR MONEY !

Doc [girl power] November 28 2005 11:04 AM EST

Hold onto your Money???

Spend your money...get it taken out of the game and put into NW.

No money to buy...price goes up.

TMD

WeaponX November 28 2005 11:04 AM EST

i agree.

Lumpy Koala November 28 2005 11:14 AM EST

Actually CB1 was the reverse :P CB1 cash was as low as nothing at first, because no one were selling their account when they leave the game back then. They just simply gave items away in contests or chat games, it was fun back then, absolutely zero USD impact... Until someone starts to sell all items on char for $20... then more.. and more. Until it became $10 per mil.

Where as CB2, we all started with experience from CB1. USD culture is part of the game from the very start. And there were of course people who wanted to win, and to win fast. So they would spend more at the beginning of game. You all know the story after that.

{CB1ate}aupStar November 28 2005 11:51 AM EST

Watching the price of CB$ go down 33% overnight is painful...hehe It's like watching the value of your Alatar's gloves go from 2mil to 1.3mil overnight.

CB2 is not CB1!

1. If you want this so much to be CB1, I would gladly trade you my base ELS for 10mil CB$! I'll even throw in a base ELB for another 7mil if you'd like. Those were the rates for these sought after tank gear!! No base gear on CB2 costs that much! There's just not enough cash in CB2 yet!

2. On CB1, the USD:CB$ ratio was 10:1 well into it's 3rd year. There was billions more CB$ available on CB1 in that year than all the money in CB2 nearing the end of its 1st year.

3. Items could always be camped from the stores in CB1 (hence no deflation due to direct spawns into the auctions - yes the money that you bid with does just disappear into thin air).

I can understand the price of CB$ dropping to say 14USD/mil at this time. But the price going down to 10USD/mil over night is just absurd!

Underage Drinking November 28 2005 11:56 AM EST

cb2:usd is rotting away just like cb1:usd did, i guess the virus was just passed down in the jeans :P

{CB1ate}aupStar November 28 2005 12:00 PM EST

Doop, CB1:USD did not start "rotting" until CB2 was announced. Then everyone paniced and sold everything. Before that CB1:USD was as constant as the number of teeth I have in my mouth...=D

QBSefton [Black Cheetah Bazaar] November 28 2005 12:11 PM EST

The only people who would want to keep the cost of converting USD to CB2 artificially high are people who wish to profit from this game and keep those people without large means or of lesser age from being able to purchase CB2.

I have absolutely ZERO zip nada sympathy for you as your profit erode.

This is not a game designed to make you USD this is a game designed for everyone to play and have fun.

Some could suggest you encourage multi's by keeping the price of CB2 high. Some could suggest you keep younger people from enjoying the game by keeping prices artificially high.

It is YOUR gimmick that is unmasked, not theirs. To suggest that this somehow would or could keep USD spenders away from buying CB2 is not only absurd, but all the data suggests otherwise as the selling and buying of USD is as popular as ever.

P.S. the value of the USD is decided by how much gas, food, shelter you can buy, not by how much CB2 costs. And if you suggest the reverse, then you are simply trying to line your pockets with USD at the expense of the game.

QBBast [Hidden Agenda] November 28 2005 12:15 PM EST

That's not backwards, Seft? By my math the supportership that used to cost a new player, who has no access to PayPal of their own, $660k will now cost them $1m flat. When $1m = $15, x = $10, no?

Zoglog[T] [big bucks] November 28 2005 12:19 PM EST

On the other hand Sefton, casual(ish) players need to save up for longer to be able to afford supporter items if they cannot use USD.
Lowering the USD ratio means that it is making it easier for the big USD spenders to get more bang for their buck encouraging them to keep spending it, the higher it is the less they are going to get for their money hopefully eventually putting them off buying it.
As much as Ranger has denied it here over in CB1 he was relaying in chat his intention to drive the USD ratio down. I'm not trying to start a mob as he hath comitted no crime but it is an advantage to USD spenders and a big disadvantage to people who need to purchase USD services using CB$.

QBBarzooMonkey November 28 2005 12:24 PM EST

DON'T DRINK THE KOOL-AID!

QBJohnnywas November 28 2005 12:24 PM EST

I think there's a case to be made for fixing the price of supporterships - I've done a couple of those for a lot cheaper than was the accepted price. Although one of those was Fat Tony so go figure...But in those cases Jon still gets the same amount of USD so it goes back to the game. Or to Jon's kids lol ;) And new players get more involved in things.

With regards to the exchange rate in other circumstances, a lower price per million does mean the USD sellers get less for their money although that means that USD buyers get more. I'm not a big fan of USD buying but I'm dislike USD sales even more. For the most part none of that cash comes back to the game and that's not good.

The real danger of a player like Ranger - or Sefton, or GentlemanLoser or Bast or any number of others, stating that they will give a Half A Camel for a million CB$ is that their views and opinions are listened to and taken as gospel in some cases by a lot of cases by less experienced players. And so what is given as a view can become a reality. And that isn't always a good thing...

QBRanger November 28 2005 12:25 PM EST

Zog,

Don't ever lie about me again.

I stated in cb1 that I am trying to get the price I pay for cb1 to 10 to 1. Trying to get the best deal for myself as does anyone who ever bid on an item in the forums. The price has decreased since we, the buyers, do not feel 15 to 1 is a fair price.

QBJohnnywas November 28 2005 12:27 PM EST

*Blame any confusing english in that post on newly fixed central heating. It's about 90 degrees in here right now...I'm melting......

AdminJonathan November 28 2005 12:34 PM EST

see how instructive CB is?

people getting upset here (on both sides) are like the people who panic(ed) about oil prices rising. WE'RE ALL GOING TO DIE!

/goes off muttering about kids these days and econ 101

Maelstrom November 28 2005 12:34 PM EST

I don't see what the big deal is. If someone wants to buy 1mil for $10, and someone will sell at that rate, then let them! If you only want to sell for $15 per mil, then go for it - but don't complain that no one is buying from you.

The market will resolve itself, no matter how much you complain and argue.

! Love Barney November 28 2005 12:41 PM EST

ive got an idea.....
cb2 sellers, dont sell.
cb2 buyers, dont buy.

when that happens we will see who is losing out. my guess would be the buyers.

why?
The buyers spend endless hours on this game and sacrifice a lot to get or stay at the top while the cb2 sellers only do it because they want some extra change in their pocket...im not gonna die if i dont make money of this game...but i bet ranger would be pretty pissed if someone passes him in mpr... (am i too late?)

QBPixel Sage November 28 2005 2:06 PM EST

I support aupStar on this. From what I've seen, there have NOT been many threads selling at an offer at 10:1. MOST threads are selling at 12:1 or 13:1, and then the buyers come and OFFER 10:1. There's a difference, and I've seen only a few cases where people accepted 10:1 offers from buyers.

But yes, this depends on whether or not the sellers are willing to do this. If no one accepts selling lower than the price of 15:1 for a while, the buyers MAY eventually give in.

We'll see what happens.

NSFY November 28 2005 2:10 PM EST

I demand a congressional inquiry!

QBPixel Sage November 28 2005 2:16 PM EST

I wouldn't mind a compromise at $12.50:1, which sounds reasonable to me (and that is only my opinion). But until there's a full agreement on this (which I doubt will happen), I'll support aupStar's idea for now and accept no less than 15:1.

QBPixel Sage November 28 2005 2:28 PM EST

Sorry for the double post.

Anyways, I just read Sefton's response, and I do have agreements with his arguments. Of course, if people who sold CB2 for USD weren't looking for at least some profit, then they wouldn't be selling it at all. The price of 15:1 seemed satisfactory for quite a while until last week-ish.

Of course, no matter what side you're on, I'm sure you will see that there are pros AND cons to lowering the price to 10:1. So maybe now I'll start the compromise at deviating from aupStar's "strategy" and sell it at 12.5:1, but no less.

Thoughts?

Special J November 28 2005 2:29 PM EST

"some profit" ?

It is pure profit.

QBPixel Sage November 28 2005 2:39 PM EST

mrwuss, I see no reason for you pointing that out. It really changes nothing that I've said and does not contribute to this issue. I'm trying to mediate between the two sides, and all you do is come and throw it back in my face.

Special J November 28 2005 2:40 PM EST

because your statement was wrong

QBRanger November 28 2005 2:40 PM EST

Actually Pixel it matters quite a lot.

The people who sell cb2 are making pure profit therefore trying to elevate the cb2 to usd ratio.

Why else would aupStar try to maintain a 15 to 1 rate?

QBSefton [Black Cheetah Bazaar] November 28 2005 2:44 PM EST

I have no idea what you mean about backwards Bast, I'm not trying to fix a certain price for USD to CB2 conversion. The market does that, as Jon pointed out, its Econ 101. What I am suggesting that the reason for artificially keeping the USD to CB2 price high is not some altruistic save the game keep USD out reason, it's to make whomever is selling CB2 for USD more money. Anything past that is just hot air or poorly disguised.

Buy my CB2 for $20 per 1mil. If I get a buyer then the price for CB2 is $20 per mil. Sell me CB2 for $10 per mil, and I get a seller, then the price of CB2 is $10 per mil. One day I might get a buyer at $20, one day I may not. This is called price fluxation. In a commodity market this can happen as often as per minute or as slow as per month, but the price is designed to fluxuate.

The cost of supportship is fixed. Just like the cost of a pack of gum at WalMart. Try offering them less than the sticker price for that gum and see how well you do. Try offering Jon less than his asking price for supportership, see how well you do.

Trying to keep the USD to CB2 market artificially high, or low for that matter, not only WILL NOT work, but it is not done for any reason other than to increase or decrease profit. Anyone who tells you any different probably has some insurance you REALLY need too :)

QBPixel Sage November 28 2005 2:45 PM EST

Oh goodness, you're right! Now, let me fix what I've posted, since everything's changed now.

-----------------------------------------------

Anyways, I just read Sefton's response, and I do have agreements with his arguments. Of course, if people who sold CB2 for USD weren't looking for profit, then they wouldn't be selling it at all. The price of 15:1 seemed satisfactory for quite a while until last week-ish.

Of course, no matter what side you're on, I'm sure you will see that there are pros AND cons to lowering the price to 10:1. So maybe now I'll start the compromise at deviating from aupStar's "strategy" and sell it at 12.5:1, but no less.

Thoughts?

-----------------------------------------------

Maybe I should consider a 20:1 ratio, since I'm looking for profit as well. If we didn't have people looking for profit in the first place, you buyers wouldn't even have CB2 to buy from others.

Special J November 28 2005 2:55 PM EST

so you are doing us a favor by allowing us to give you real money in trade for fake money?

or is it us who are doing the favor for you.

Which came first? Chicken of the egg?

Don't attempt to lecture me.

BrandonLP November 28 2005 3:33 PM EST

The egg, obviously. Dinosaurs were around long before chickens. =P

Mikel November 28 2005 5:44 PM EST

All the rest of the money that I have purchased goes right back into the game, via NW (BS), or buying other people's stuff (only sold CB2 once and the USD went to someone else).
People that just sell for USD don't contribute in any way other than lining their pockets, and if you'll notice, alot of those were campers as well. Ask anyone one of them about an in-depth fighting strategy for 1,2,3 or 4 minions.
If you ask any of the USD buyers, I bet just about all of them would give you some sound strat advice.
Basically, it's boiling down to the people that play vs the people that profit, and I can still eat, put gas in my car etc etc, even if I don't buy CB2, can all of the sellers still do that?
So just do me a favor and hold on to your CB2, so I can build up my X-Box 360 game library.

QBSefton [Black Cheetah Bazaar] November 28 2005 6:04 PM EST

Here is another fine example of a market based economy:

http://www.carnageblender.com/bboard/q-and-a-fetch-msg.tcl?msg_id=001bO1

http://www.carnageblender.com/bboard/q-and-a-fetch-msg.tcl?msg_id=001c81

Gee in one thread someone gets PLASTERED and posts removed for the same offer thats done a couple weeks later.
Go figure :)

QBPixel Sage November 28 2005 7:27 PM EST

Sorry mrwuss, its called sarcasm. I'd lecture you on the definition of sarcasm, but you can find that in the dictionary.

Anyhow, I'm done talking with those who obviously don't want to find a solution that may in some way please both sides. There are some who want to play the game not only for fun, but for a profit. There are some who want to play the game not only for fun, but to be a top player and end up investing in it. Then there are those in between. We can either try to mediate and generate a solution for the two (as I proposed 12.5:1) or see if Jonathan will declare it illegal to sell CB2 for USD as a whole.

Can anyone else think up of another solution to solve this dispute? I suggest not posting smart-aleck responses, only productive posts please.

QBSefton [Black Cheetah Bazaar] November 28 2005 7:37 PM EST

The market solves the problem pixelsage, that is what I am saying. You cannot fix a price for this. This is fixed by supply and demand. You offer at a price, you buy at a price. If a person is offering at a price that is too high for you, then you do not buy from that person. If no one will sell you what you want at your price, then your offer is too low. Its that simple. If you offer at $15 and no one buys, then you either lower your price or keep your money. If you want to buy at $10 and no one will sell at $10 you either raise your offer or don't get your money. Past that, you are just posting your opinion on what you would buy or sell for.

QBJohnnywas November 28 2005 7:43 PM EST

Nothing to do with anything much really but at the moment you can get more for your CB dollar than at any other time since I joined CB. Two BoNEs sold in auction for less than 600k each - one was only about 350k. I bought an ELB for less than a million two weeks ago and most tank rares are at a very low price.

Most of the USD buyers, as I think Mikel said, are players. Most will turn their cash into NW for their teams. Or buy as much BA as possible. If you don't want to sell your CB cash for a lower USD price don't sell. Invest in the game. Buy some of those cheap rares. If you don't want to sell it those players will just go back to doing what they do best which is fighting. Which makes them money anyway. The only thing that loses out is the wallets of the sellers.....

QBPixel Sage November 28 2005 7:57 PM EST

Thanks Sefton. I do hear you out, and sorry I haven't replied specifically to what you've said. Anyways, I believe voicing out opinions does have some effect. How have the buyers voiced out their opinion? By going into threads where people are selling CB2 and offering to buy it at a much lowered 10:1 ratio. That seems to have made the sellers lower their starting offers to 12 or 13:1. However, what aupStar has done is spoken out and tried to make the sellers sell for more. If everyone in the market sold for absolutely no less than 14:1 for a while (even if they get no buyers for a while), sooner or later it may be possible that the buyers give in and pay the old price. So in the end, voicing out opinions should have an effect, no matter how great or small.

@Johnnywas: I see your point. I myself have been investing as well as selling CB2. Of course, another option if you don't want to sell your CB2 for lower it to sell it back at original price and try to convince others to do so, as aupStar is trying to do. Anyways, according to your first paragraph, the value of CB2 is going up. Even with supply&demand taken into consideration, it seems a bit awkward that the value went up and the price went down by a whooping 20-33%.

{CB1ate}aupStar November 28 2005 8:22 PM EST

1. I doubt any of you will play this game forever. One day, you will decide to quit! That day will be a sad day because you know that your profits are 33% less then it would be if you stopped playing a while back.

2. Putting money back into the game. What does that really mean..? of course NW does play a big part in a persons strategy. More NW implies less emphasis on the type of strategy employed on your char (i.e., HP, DX, ST, FB, VA single minion char). This strategy wreaks big time, but who cares about strategy when you have 300mil NW! People that sell for USD are just as much part of the game as people that buy with USD. Without both these types of players, there wouldn't be the game we all love and call "Carnage blender." The number of players playing this game would just not be big enough!

3. If people did not wish to "profit" from this game then the number of people playing it would reduce by half(please try prove me wrong, no one buy/sell usd for a month...heh). This is because big people aren't growing as fast as they used to and lil people don't see the point in playing this game when they can just go over to another game and make even more moneyz. We would lose a lot of big and small players if this were to happen.

4. Time = Money. Play CB2 or get a job? I'd rather play CB2, cause it's much more fun playing it then working at subway for 8 hours a day on minimum wage...hehe CB$ is almost like real money. Reducing the 15:1 rate would indeed adversely effect a LOT of people!

5. It's funny in a way because it looks to me that CB$ buyers dislike CB$ sellers and via versa. This feels absurd to me. It's like if I were to sell someone a piece of bread, the person I sold the piece of bread to will despise me. It doesn't matter if its benefiting the both of us! We both despise each other cause it's costing the bread buyer money and my bread cupboard is becoming empty. If it is a crime to buy/sell for USD then your both just as guilty!

{CB1ate}aupStar November 28 2005 8:24 PM EST

Simply put: If you dislike USD spenders, don't don't sell CB$. If you dislike CB$ sellers, don't buy using USD.

pixelsage has a whole lot of great points. I agree with most of them 100%...=)

Special J November 28 2005 8:54 PM EST

1. I doubt any of you will play this game forever. One day, you will decide to quit! That day will be a sad day because you know that your profits are 33% less then it would be if you stopped playing a while back.


Another perfect point proving that you are just here to make money. You do not have to profit from CB, you do not deserve to profit from CB. If you happen to turn a dollar or two then you should count yourself lucky to begin with.

Want to make real money with your "wasted time" ? Get a second job (or a first for a select few).

The demand for CB2 buying IS down, I haven't purchased any on a long period of time, and I was one of the "big spenders". There are people buying it because it is getting cheaper, when it dropped from $20 to $15 it did so almost overnight in the same manner as this price drop.

Bast : New players joining have such a nice sized NUB, 1m CB amounts to so little time that it is well worth the price.

This thread just makes me think aupStar wants the price to remain high so he can sell his items for more money. If that is the issue then perhaps leaving now instead of later will help you retain more change in the pocket.

{CB1ate}aupStar November 28 2005 9:32 PM EST

Please wuss...I implore you. buy more CB$ and put back into the game we all know and love.

mrwuss: "New players joining have such a nice sized NUB, 1m CB amounts to so little time that it is well worth the price."

Are you forgetting that we're not all new players..?

mrwuss: "You do not have to profit from CB, you do not deserve to profit from CB."

My oh my. Did you not profit from buying all that USD you just said that you spent..? Are you beating up on those people that sold CB$? If you despise those profit takers so much you shouldn't have bought from CB$ from them! If this is the case, you should also encourage your clan members to do the same. Your clan is approaching 1bil NW. Soon, no one will be able to poke you out of the number 1 spot. Is this because your strategies are so hot or that you all have such deep pockets?

You may have a much bigger hip pocket then me but does that mean you put into the game in any way more than I do. If so, please explain.

Ox [StephenMelinda Gates Fund] November 28 2005 9:50 PM EST

I don't really see what there is to fight over, both parties are "guilty". Both buyers and sellers, although it shouldn't be given such a negative connotation, as it just a part of the game.

And what's great about this game is the realness of the economy and how laissez-faire it ..usually.. is.

So I am all for trying to artificially lower prices or higher prices, or if it is just the natural fluctuations of the economy. It's the last capitalist thing left in the game, and its what makes this part of the game so interesting.

Special J November 28 2005 10:38 PM EST

aupstar, take the entire quote and try again.

Hyrule Castle November 28 2005 10:40 PM EST

IVE GOT A GREAT IDEA! ... buyers want 10per mil... sellers want 15per mill.... HOW ABOUT A COMPROMISE... sell it at 12.50 per mil?.... at least for the next week until it resolves it on its own...?

{CB1ate}aupStar November 28 2005 11:01 PM EST

mrwuss, I'd rather you answered the question I ended with. Incorporating more of your words into my statement would make no difference.

QBPixel Sage November 29 2005 12:19 AM EST

Hyrule! Your great idea is the exact same as mine! =D

Buyers are greedy to get more powerful with less USD, sellers are greedy to get more USD. Not a great mix in general, but I vote for the compromise. 12.50:1 I will settle for.

Wonderpuff November 29 2005 12:56 AM EST

It's not really much of a market economy when there are 50 sellers and like... 5 buyers. If you're worried, just hold your cash until the next guy decides to make a run at the top and sell then.

Special J November 29 2005 1:34 AM EST

Am I number 1?
Am I number 2?

No I am not, people pass me all the time and I don't care.

You are complaining because you are getting less of something for nothing. You decide to waste your time on a game, if you need to make money with that time get a job (or a second).

It is always funny to see people tell me since I spent XXX on CB that I must have deep pockets. You choose to goto the movies/whatever with your entertainment money, I spent it on CB. When I did someone was lucky enough to make a few bucks.

You are complaining for the pure purpose of complaining, if you don't like the market don't sell. Then you can make nothing while others are still making a $10 per million CB pure profit.

Any which way, I just don't care. ;)
Read it again, I do not care.

Now you should hurry up and take certain quotes and leave the remaining context so you can sit on your horse even higher.

{CB1ate}aupStar November 29 2005 1:51 AM EST

1. You didn't answer my question.
2. I was referring to your clan being number one.
3. Keep your cool. I'm not trying to chop your head off here...hehe

Special J November 29 2005 2:17 AM EST

And no I do not put more into the game, but I am not trying to walk away with more free money if I decided to quit.

Mikel November 29 2005 7:54 AM EST

aupStar, I fail to see what being the number one clan has anything to do with the price of cb2:USD. Being number one isn't given to us on a platter, we work for that rank via fights. Form your own clan and recruit active players if you have a problem with our rank or start an anti-clan thread if it will make you feel better.
This thread is closed to new posts. However, you are welcome to reference it from a new thread; link this with the html <a href="/bboard/q-and-a-fetch-msg.tcl?msg_id=001cVb">HOLD ON TO YOUR MONEY!</a>