bell tree inflation [please close]

[Shimmer]

The problem with your idea is that if your group gathers 10 mil and offers that for 100 TBT, and John McHacker is offering 20 mil for those same 100 TBT, people will buy from John McHacker unless they just don't see his shop. Also, while having several people gathering bells makes it easier for everyone involved, splitting the TBT payout means each person doesn't get much for his / her efforts. The problem with any form of self-regulation is that those who choose not to self-regulate can very easily take advantage of those who do. The only way the price of TBT will ever fall is if mods intervene. Aside from price fixing, I cannot think of anything off the top of my head which would solve the problem.

People are greedy so they will take the best deal. I mean, I would. There's nothing we can really do at this point.

 

[earthquake]

still, i go back to my old point. if the majority of igb sellers lower their prices to like 1 mil, obviously people wont buy from them, but it will cause the hackers to think "oh! why bother selling 20m for 100 tbt, when i could sell at 5mil and still get more buyers than the 1mil sellers!"

or at least i hope.

if that happens, from there, we can regulate it and keep it lower so that no one can bring it above 10mil for a while.

 

[Alolan_Apples]

still, i go back to my old point. if the majority of igb sellers lower their prices to like 1 mil, obviously people wont buy from them, but it will cause the hackers to think "oh! why bother selling 20m for 100 tbt, when i could sell at 5mil and still get more buyers than the 1mil sellers!"

or at least i hope.

if that happens, from there, we can regulate it and keep it lower so that no one can bring it above 10mil for a while.

The only hope to buy TBT at a low price is to wait until the new AC game comes out (not the two spin-offs). ACNL's price will still be high, but not the new game.

 

[Shimmer]

I do wonder when enough is enough for people. Like what price will the rate of TBT to in game bells have to get to until people go "screw this."

 

[tokkio]

ehh tbh I got my millions from selling beetles to lazy campers, turnip spikes, and selling the so-called "tier 1" villagers lol

edit: oh well and yeaaahhhh I've sold BTB too (just to get the gold bell badge thing hahah)

 

[Shimmer]

ehh tbh I got my millions from selling beetles to lazy campers, turnip spikes, and selling the so-called "tier 1" villagers lol

I got mine from selling my TBT 3mil per 100TBT last year and then I sold another 800TBT at the rate of 13mil per 100TBT. So now I have tons of in game bells.
For TBT though, I've bought a crap ton of sets, unorderables and DLC that has sucked my pockets dry of TBT. Now I just post so I earn TBT that way.

 

[Alolan_Apples]

I do wonder when enough is enough for people. Like what price will the rate of TBT to in game bells have to get to until people go "screw this."

I think 50 million IG bells per 100 TBT would be the point. As of now (or early in 2015), it's impractical to make TBT solely off of IG bells, especially when the demand in Pokeballs, chocolate cakes, white feathers, pinwheels, and other rare collectibles are extremely high.

 

[Shimmer]

I think 50 million IG bells per 100 TBT would be the point. As of now (or early in 2015), it's impractical to make TBT solely off of IG bells, especially when the demand in Pokeballs, chocolate cakes, white feathers, pinwheels, and other rare collectibles are extremely high.

It's true. As well, the dropping/retail method of in game bells would be SUPER annoying the higher the rate goes. xD

 

[roroselle]

It's true. As well, the dropping/retail method of in game bells would be SUPER annoying the higher the rate goes. xD

I AGREEEE JFDSJFKLSDJLFDS omg

 

[Alolan_Apples]

It's true. As well, the dropping/retail method of in game bells would be SUPER annoying the higher the rate goes. xD

Right, but you're better off spending days dropping IG bells to earn TBT than to beg for TBT without doing a favor back or to make TBT in one of the few guilty ways.

EDIT: I have to admit, I don't mind these high rates anymore. Since I have a lot of IG bells and that I don't plan on playing ACNL as much anymore, I wouldn't mind selling what I have left for a low price.

 

[WonderK]

I do wonder when enough is enough for people. Like what price will the rate of TBT to in game bells have to get to until people go "screw this."

That will depend on the overall census of the site. How much time are you willing to spend dropping 99K bags of bells for 100 TBT? I've bought TBT back in the day when it was around three million per 100TBT and that was time consuming for me. I couldn't image it in todays current market. I strongly believe 25~30 million per 100TBT will be the cap people are willing to tolerate. You'd be dropping bags of bells for an hour to net a tiny amount of TBT.

And like I've said before in more early posts in this thread, there is next to nothing that can be done about the inflation and no single person or group of people can change that (except for the staff). That's just how economics work in the real life and how it works on a social media site. There is no practical use of in-game currency now. And because of that one reason (and some various others), the price will remain high and most likely won't drop below 15 million per 100TBT.

 

[ZetaFunction]

The problem with your idea is that if your group gathers 10 mil and offers that for 100 TBT, and John McHacker is offering 20 mil for those same 100 TBT, people will buy from John McHacker unless they just don't see his shop. Also, while having several people gathering bells makes it easier for everyone involved, splitting the TBT payout means each person doesn't get much for his / her efforts. The problem with any form of self-regulation is that those who choose not to self-regulate can very easily take advantage of those who do. The only way the price of TBT will ever fall is if mods intervene. Aside from price fixing, I cannot think of anything off the top of my head which would solve the problem.

That's just it, you wouldn't sell them for 10m per 100 TBT, you'd do like 19m/19.5m per 100 tbt, or something that people would buy. You will get a buyer if you go just ever so slightly below the average, it's the nature of an economy. And as far as the payout, it's not about earning TBT, it's about changing the economy. If you wanted TBT, you'd post like bat-crap-crazy, learn how to do art and sell it, or start selling villagers. Besides, if you guys really wanted the inflation fixed, y'all would try something, at least I think you would. Imo it's better than sitting and doing nothing.

 

[Alolan_Apples]

That will depend on the overall census of the site. How much time are you willing to spend dropping 99K bags of bells for 100 TBT? I've bought TBT back in the day when it was around three million per 100TBT and that was time consuming for me. I couldn't image it in todays current market. I strongly believe 25~30 million per 100TBT will be the cap people are willing to tolerate. You'd be dropping bags of bells for an hour to net a tiny amount of TBT.

And like I've said before in more early posts in this thread, there is next to nothing that can be done about the inflation and no single person or group of people can change that (except for the staff). That's just how economics work in the real life and how it works on a social media site. There is no practical use of in-game currency now. And because of that one reason (and some various others), the price will remain high and most likely won't drop below 15 million per 100TBT.

That is quite true. Except for what I bolded in your post.

The game itself has the big problem with making it so easy to pile up money. And to go on what Murray said, you guys control that exchange rates. Not the staff. We don't go anywhere near it. If it's too high you have to figure out how to lower it on your own.

This came from an earlier thread discussing the inflation rate. Basically, the staff may monitor a lot of our activity, but there are some things they can't do. Controlling the exchange rate is something we have to do on our own. Since you're right WonderK, there is nothing else to do beside deal with what we have. Either buy TBT at a high rate, or look for other ways to earn TBT.

 

[Shimmer]

Maybe eventually over time everyone will have gathered up enough TBT that no one cares about it anymore? Ahaha. I can dream okay?

 

[Alolan_Apples]

Maybe eventually over time everyone will have gathered up enough TBT that no one cares about it anymore? Ahaha. I can dream okay?

I don't think that's possible. People will always be wanting TBT. And remember, high TBT prices isn't the only factor where what some people want won't be easy or possible to get.

For collectibles, there is a limited supply of the rare collectibles. Some may have more than one of the same kind, but they aren't willingly to sell them. Some want the best art from someone, but the artist can only work on one piece at a time, as the artist may take a break or deny requests. Some want to buy game codes, but some can work only once as they have to be region specific. Basically, why would you want a lot of TBT and demand a low IG price when there isn't much you can spend on?

 

[Danoa]

I may be to new to voice my opinion, but I'm going to anyways. I think something can be done by the staff. They could completely get rid of collectibles. It would probably be the Great TBT Crash of 2015, but it'd stop the high demand for TBT. Collectibles have absolutely no purpose anyways. If they were gone people wouldn't feel the need to horde TBT to buy them. Ever since I joined this site I thought it was crazy how people acted over the collectibles not to mention the fact that they'll sell REAL stuff for something that is completely virtual and has no real purpose. The first time I saw that I was like wtf, why would you do that?

Also, how does the shop "run out" of something that is virtual?

 

[earthquake]

Maybe eventually over time everyone will have gathered up enough TBT that no one cares about it anymore? Ahaha. I can dream okay?

ahahaha that would be a dream come true.

but its too much of a stretch.

i mean, if everyone had tbt. like a lot of tbt, at least 1000 per person, the price of stuff would just go up, up, up, wayyyy higher than ever before since it would come to the community's attention that everyone can afford it.
that'd just make it worse.

we have to accept some people have a ton of tbt, some people have none, and most people fall right into the middle.
just like in society, we have the middle class, who tend to buy stuff regularly and dont have much hesitation when it comes to spending their tbt unless theyre saving up, the lower class, which has barely enough tbt to afford anything - villagers, flowers, furniture - and the upper class - those guy with a **** ton of tbt from selling hacked bells. they dont care about the lower class. heck, they just care about pawning off those bells that took seconds to get to people who are desperate to get a ton of igb, forgetting that other people want tbt too but cant manage to sell because prices are so high.

gallows did say we have to fix it.

if i started trying to sell tbt at 5mil/100 tbt, who would do it too?
not as a legit thing, but as an attention grabber.
if enough people do it as a "joke", something may change.

anyone?

 

[Alolan_Apples]

I may be to new to voice my opinion, but I'm going to anyways. I think something can be done by the staff. They could completely get rid of collectibles. It would probably be the Great TBT Crash of 2015, but it'd stop the high demand for TBT. Collectibles have absolutely no purpose anyways. If they were gone people wouldn't feel the need to horde TBT to buy them. Ever since I joined this site I thought it was crazy how people acted over the collectibles not to mention the fact that they'll sell REAL stuff for something that is completely virtual and has no real purpose. The first time I saw that I was like wtf, why would you do that?

Also, how does the shop "run out" of something that is virtual?

To answer your question, it can't run out completely. The supply of collectibles is determined by the staff (and the users over unlimited stock).

I agree with you about how people are taking a big deal out of collectibles, but there are other things they desperately want that isn't collectibles. They want good art, game codes, and other stuff. It doesn't have to be collectibles. Also, I don't agree on getting rid of collectibles. Once we're used to one thing, we can't reverse it completely. They can remove all collectibles, but that would invoke angry reactions from those who care a lot about collectibles. I like collectibles too, but there aren't as much left I would be looking for.

- - - Post Merge - - -

ahahaha that would be a dream come true.

but its too much of a stretch.

i mean, if everyone had tbt. like a lot of tbt, at least 1000 per person, the price of stuff would just go up, up, up, wayyyy higher than ever before since it would come to the community's attention that everyone can afford it.
that'd just make it worse.

we have to accept some people have a ton of tbt, some people have none, and most people fall right into the middle.
just like in society, we have the middle class, who tend to buy stuff regularly and dont have much hesitation when it comes to spending their tbt unless theyre saving up, the lower class, which has barely enough tbt to afford anything - villagers, flowers, furniture - and the upper class - those guy with a **** ton of tbt from selling hacked bells. they dont care about the lower class. heck, they just care about pawning off those bells that took seconds to get to people who are desperate to get a ton of igb, forgetting that other people want tbt too but cant manage to sell because prices are so high.

gallows did say we have to fix it.

if i started trying to sell tbt at 5mil/100 tbt, who would do it too?
not as a legit thing, but as an attention grabber.
if enough people do it as a "joke", something may change.

anyone?

That is pretty much correct. I actually do want to posess 100,000 TBT someday, but I'm not very desperate. I wouldn't try to go on the path to get up there. I would just want to earn TBT naturally and let that be a side benefit. As a person who is strictly opposed to communism or socialism in real life, I don't want to be a hypocrite and demand equality on TBT. Artists and sig makers worked really hard on their work to get TBT, and those who beg for TBT don't really do much that will benefit other members.

 

[Danoa]

To answer your question, it can't run out completely. The supply of collectibles is determined by the staff (and the users over unlimited stock).

I agree with you about how people are taking a big deal out of collectibles, but there are other things they desperately want that isn't collectibles. They want good art, game codes, and other stuff. It doesn't have to be collectibles. Also, I don't agree on getting rid of collectibles. Once we're used to one thing, we can't reverse it completely.

I understand people trading for art, but not game codes. I mean come on that is what I meant by real stuff. I get it's virtual, but it actually has purpose as opposed to some collectible that is suppose to make your sidebar pretty. It could just be that I don't have a lot of real world money to buy a bunch of games so seeing someone selling game codes seems a little extreme to me. I have to be super picky about what I get. Heck, I didn't get AC:NL until April 2015 from Club Nintendo for free, which is why I feel the whole TBT/IGB exchange is crazy. While I would love to get 20mil IGB to help with the badge, it wouldn't be smart on my part to sell my TBT when a lot of shops on here want TBT.

Also, I wasn't completely serious about getting rid of collectibles as I know a lot of people would probably freak.

 

[Alolan_Apples]

I understand people trading for art, but not game codes. I mean come on that is what I meant by real stuff. I get it's virtual, but it actually has purpose as opposed to some collectible that is suppose to make your sidebar pretty. It could just be that I don't have a lot of real world money to buy a bunch of games so seeing someone selling game codes seems a little extreme to me. I have to be super picky about what I get. Heck, I didn't get AC:NL until April 2015 from Club Nintendo for free, which is why I feel the whole TBT/IGB exchange is crazy. While I would love to get 20mil IGB to help with the badge, it wouldn't be smart on my part to sell my TBT when a lot of shops on here want TBT.

Also, I wasn't completely serious about getting rid of collectibles as I know a lot of people would probably freak.

People these days are ridiculous. That's the problem. And it's not limited to this site. Some people can lose real life jobs over facebook posts irrelevant to their business, the word "racist" gets thrown everywhere in society, a lot of people would stand in line in front of a store when the doors are closed, and many more stuff most of us find ridiculous. It's just society these days. People have gotten more vain and less sane. Trading real stuff over virtual stuff is one of the site's community's problems. I also heard of placing TBT bids in the villager auctions in the VTP, bidding on regular selling threads (not auctions), and of course, arguments that ruin popular threads to the point they get closed. But remember, while we have all this, we do at least have people who aren't like that. I never traded real items with virtual stuff. I don't think I would ever do it either.