bell tree inflation [please close]

[earthquake]

i dont think buying steam games and such with tbt is an issue? people on here are rather young, and a lot of the time you dont have the actual cash to buy games with a credit card. i know i dont. im 14, come on. if people want to buy real world items with tbt, i think its ok. at least those threads aren;t that influenced by the igb-tbt inflation, since it's games to tbt.

i dont think any "modern culture" comes into play here, either. it's economy, in its purest form. we're watching it happen. this is what happens when supply is high and so is demand. inflation occurs.

unfortunately, you have to take into consideration the concept of monopolies. them hackers got all the cash and they're not about to let anyone else in on it.

here's the thing about monopolies here on tbt: in america (idk about other countries) its illegal to hold a monopoly. governments will always intervene when a monopoly is causing an economy to suffer. tbt admins and mods refuse to intervene. i mean, i dont even blame them. what can they do? shut it all down? it'll take huge amounts of moderation to stop it, since even if posts advertising it can be closed, you can't stop people from selling it on the down-low.

anyway, we have to fix it ourselves. that's been established. now its a matter of getting people in the boat and setting sail.

 

[Red Cat]

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.

Yeah, people need to take a step back and realize TBT is a worthless virtual currency and there is bound to be some inflation because of that. I mean, you can get it for posting and you can get it for selling basically any in game item regardless of how you obtained it. It just sucks that it is not even that useful as a medium to exchange in-game items. Doing direct trades with other people is difficult and we all know IGB is useless as an exchange medium. TBT can be a good exchange medium for in-game items, but there are so many problems with it right now. I would like to see the end of items worth real world money being sold on this site and I'd like to see collectibles become infinite in supply so that people would stop treating them like valuable commodities.

 

[WonderK]

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

I'm quite aware of the staff census of the market. What I meant with that part of my post is the staff have the power to do something but won't because it is up to us to manage the exchange rates (because it is). The market on this site is changing in a new direction. The site currency is being used less and less for in-game money and on other goods and services such as game codes, art, etc. I'm not sure if that is something good or not. Because for me, I always thought TBT was to be used for in-game currency and collectables.

EDIT: And to add onto my last sentence, I say that because I've been offered real money for the amount of TBT I carry on me (in the three figures). I'm positive that was never intended for TBT.

 

[Jake]

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?

they'd never get rid of collectibles. collectibles account for a decent portion of the sites activity, if they got rid of them completely, or made them unlimited in the shop, the sites activity would drop. tbt is a forum, not a collectibles site like gpx, dragoncave, chicken smoothie, or whatever else so collectibles are pretty stupid since they're basically trying to turn or make the site be something it's not - but the staff know the ppl on tbt want collectibles, so they make them limited to increase the sites activity. it's basically just a game.
the same applies for tbt bells, too.

 

[Shimmer]

Another interesting point just came to mind. I've seen some people only want TBT for big trades such as tier one villagers simply because it's easier for payment. That may cause a little part in it as well.

 

[earthquake]

Another interesting point just came to mind. I've seen some people only want TBT for big trades such as tier one villagers simply because it's easier for payment. That may cause a little part in it as well.

ah, yes. saved from the hell that is dropping bells for an hour (although i prefer it to the re-tail method).
also, most villagers auctions and sales are in tbt only now?? i checked and its so difficult to find people willing to accept igb for villagers.

 

[MOON TRIPS]

regarding btb, collectibles on site, igb and in-game items... that's all virtual stuff with a fake worth placed upon it, and I find the amount of caring kinda hilarious, honestly. but that's just me. as a newer forum user, maybe there's something I'm missing. :/ more than likely.

I dunno. I spent 200 btb on 20 million igb. I'm a newer New Leaf player(got the game December 31st last year) who reset in April. I will more than likely never use btb to purchase igb again. as I don't really need to. there are definitely some people that can make use of purchasing igb, such as myself. however, I would really hope that the amount of igb given for 100 btb doesn't rise much more than it currently is... mostly for the igb givers' conveniences. dropping that 20 mil took long enough, I know. just imagine if it were more than 20 mil for only 100 btb. x__x there is a point where it'll stop being worth doing for so "cheaply", and that's where it'd have to stop.

something might need fixing, but beyond the igb/in game items for less btb... I'm not sure how it'd be pulled off. collectible worth won't be changed. I don't know. minus the selling of art and games, it's virtual stuff with a fake worth. and I just personally cannot understand the fuss. props to people who do the hardcore earning to spend on art/games/old collectibles.

this is just me throwing my opinion out there, as a person who did purchase some igb with btb. and stuff just based off of my observations while being a member of this forum.

 

[Cadbberry]

Back when I joined it is 2 mil for 100 tbt.... I liked them good ol days

 

[Danoa]

i dont think buying steam games and such with tbt is an issue? people on here are rather young, and a lot of the time you dont have the actual cash to buy games with a credit card. i know i dont. im 14, come on. if people want to buy real world items with tbt, i think its ok. at least those threads aren;t that influenced by the igb-tbt inflation, since it's games to tbt.

i dont think any "modern culture" comes into play here, either. it's economy, in its purest form. we're watching it happen. this is what happens when supply is high and so is demand. inflation occurs.

unfortunately, you have to take into consideration the concept of monopolies. them hackers got all the cash and they're not about to let anyone else in on it.

here's the thing about monopolies here on tbt: in america (idk about other countries) its illegal to hold a monopoly. governments will always intervene when a monopoly is causing an economy to suffer. tbt admins and mods refuse to intervene. i mean, i dont even blame them. what can they do? shut it all down? it'll take huge amounts of moderation to stop it, since even if posts advertising it can be closed, you can't stop people from selling it on the down-low.

anyway, we have to fix it ourselves. that's been established. now its a matter of getting people in the boat and setting sail.

Trading virtual stuff for real stuff is a problem for the exact reason you said it isn't. You're 14, still a kid. Children shouldn't be selling items their parents bought them for virtual items.

Edit: Of course, that it is if the trades are between children, but if it's between a child and an adult then I would suspect the adult would have better sense, but if not, then oh well.

 

[Rosie :)]

Reasons TBT Is More Useful Than IGB:

1. TBT can just be transferred in about 5 seconds.
2. TBT is high in demand due to collectibles to decorate your sidebar. If you are a collector, you understand this.
3. It is harder to obtain than IGB, which makes it more "valuable", and the harder it is to obtain something, the more people want it.
4. It is harder to hack, I have never heard of a situation where TBT has been hacked to get these bells, while IGB can which makes the rates go higher as more people have tons of TBT.

Reasons IGB Is More Useful Than TBT:

1. No idea.

Point: This is why TBT is better than IGB, and TBT Bells and the Rate is going up.

 

[Red Cat]

Reasons TBT Is More Useful Than IGB:

1. TBT can just be transferred in about 5 seconds.
2. TBT is high in demand due to collectibles to decorate your sidebar. If you are a collector, you understand this.
3. It is harder to obtain than IGB, which makes it more "valuable", and the harder it is to obtain something, the more people want it.
4. It is harder to hack, I have never heard of a situation where TBT has been hacked to get these bells, while IGB can which makes the rates go higher as more people have tons of TBT.

Reasons IGB Is More Useful Than TBT:

1. No idea.

Point: This is why TBT is better than IGB, and TBT Bells and the Rate is going up.

There are two advantages I can think of for IGB (but I still don't think it makes up for TBT's advantages).

1. You don't get IGB just for posting on this forum. Some posts are helpful to people, but a lot of them don't provide any service at all to other people.

2. If someone is selling in-game items or villagers for IGB, (s)he is probably not a hacker, since that person could just hack the bells instead of selling hacked items. So you know you are dealing with someone who acquired the item via legitimate means.

 

[Alolan_Apples]

i dont think buying steam games and such with tbt is an issue? people on here are rather young, and a lot of the time you dont have the actual cash to buy games with a credit card. i know i dont. im 14, come on. if people want to buy real world items with tbt, i think its ok. at least those threads aren;t that influenced by the igb-tbt inflation, since it's games to tbt.

i dont think any "modern culture" comes into play here, either. it's economy, in its purest form. we're watching it happen. this is what happens when supply is high and so is demand. inflation occurs.

unfortunately, you have to take into consideration the concept of monopolies. them hackers got all the cash and they're not about to let anyone else in on it.

here's the thing about monopolies here on tbt: in america (idk about other countries) its illegal to hold a monopoly. governments will always intervene when a monopoly is causing an economy to suffer. tbt admins and mods refuse to intervene. i mean, i dont even blame them. what can they do? shut it all down? it'll take huge amounts of moderation to stop it, since even if posts advertising it can be closed, you can't stop people from selling it on the down-low.

anyway, we have to fix it ourselves. that's been established. now its a matter of getting people in the boat and setting sail.

I'm afraid we can't. Once we're used to one major trend, it's hard to reverse it, especially so quickly. Inflation is hard to fight against, whether in reality or on TBT. To save the conversion rate from getting any higher and to bring it back, it's like saving the T-rex from going extinct. Some things can be stopped or changed, other things cannot.

Yeah, people need to take a step back and realize TBT is a worthless virtual currency and there is bound to be some inflation because of that. I mean, you can get it for posting and you can get it for selling basically any in game item regardless of how you obtained it. It just sucks that it is not even that useful as a medium to exchange in-game items. Doing direct trades with other people is difficult and we all know IGB is useless as an exchange medium. TBT can be a good exchange medium for in-game items, but there are so many problems with it right now. I would like to see the end of items worth real world money being sold on this site and I'd like to see collectibles become infinite in supply so that people would stop treating them like valuable commodities.

Right you are. TBT was meant for site use. Trading real stuff for real stuff definitely makes sense. Same with virtual stuff for virtual stuff. People need to realize that virtual stuff doesn't have the same value as real stuff. They were meant as a convenience on TBT, not a thing to die for. For three months, I wanted nothing more than a chocolate cake on this site. I actually wanted to decorate under my avatar, but it looks better with colorful birthstones than just a plethora of rare collectibles.

I'm quite aware of the staff census of the market. What I meant with that part of my post is the staff have the power to do something but won't because it is up to us to manage the exchange rates (because it is). The market on this site is changing in a new direction. The site currency is being used less and less for in-game money and on other goods and services such as game codes, art, etc. I'm not sure if that is something good or not. Because for me, I always thought TBT was to be used for in-game currency and collectables.

EDIT: And to add onto my last sentence, I say that because I've been offered real money for the amount of TBT I carry on me (in the three figures). I'm positive that was never intended for TBT.

Exactly. Nobody can stop the inflation. No group can control the inflation. As ACNL is an old game, we should respect that it's better for site stuff than game stuff. Each has their own currency.

they'd never get rid of collectibles. collectibles account for a decent portion of the sites activity, if they got rid of them completely, or made them unlimited in the shop, the sites activity would drop. tbt is a forum, not a collectibles site like gpx, dragoncave, chicken smoothie, or whatever else so collectibles are pretty stupid since they're basically trying to turn or make the site be something it's not - but the staff know the ppl on tbt want collectibles, so they make them limited to increase the sites activity. it's basically just a game.
the same applies for tbt bells, too.

I agree. TBT and collectibles were actually meant to be a convenience to promote the site, as well as the events, contests, and Smash Bros tournaments.

Trading virtual stuff for real stuff is a problem for the exact reason you said it isn't. You're 14, still a kid. Children shouldn't be selling items their parents bought them for virtual items.

Edit: Of course, that it is if the trades are between children, but if it's between a child and an adult then I would suspect the adult would have better sense, but if not, then oh well.

Yes. What's even weirder than that is we're talking to people we haven't met in person, especially over international matters.

 

[earthquake]

@apple2012 so youre saying theres no way to save it, at least until the new game comes out? isnt that a little pessimistic?

 

[WonderK]

@apple2012 so youre saying theres no way to save it, at least until the new game comes out? isnt that a little pessimistic?

There's very little that can be done about the inflation. So yes. I've made my points in my various posts in this thread to back that up.

 

[earthquake]

Trading virtual stuff for real stuff is a problem for the exact reason you said it isn't. You're 14, still a kid. Children shouldn't be selling items their parents bought them for virtual items.

Edit: Of course, that it is if the trades are between children, but if it's between a child and an adult then I would suspect the adult would have better sense, but if not, then oh well.

of course, im not doing it. please dont make my age the issue here, as i know enough about these sorts of things to not be frowned upon. but tbt really does have its uses, and you cant make people stop buying items for it. this thread wasn;t made to call people stupid for using tbt to purchase items you personally deem "worthless", although i cant stop you.

- - - Post Merge - - -

There's very little that can be done about the inflation. So yes. I've made my points in my various posts in this thread to back that up.

still, pessimistic. we've already established several ways to get it back on track. the issue isnt that there arent ways, its that greed will not allow people to actually side with people who want to fix it.

 

[Alolan_Apples]

@apple2012 so youre saying theres no way to save it, at least until the new game comes out? isnt that a little pessimistic?

Yeah, sounds pessimistic, but by judging by the consensus of the community, there is no hope on lowering the rate. And even if the successor of ACNL comes out, it won't lower the ACNL rate. The new game will start out at a low rate, which is where we can at least trade for a low amount. People are desperate to decorate their towns, so they will be paying a lot for little amounts of bells. When supply goes up and demand goes down, the rate will increase. And then, we'll have the same scenario we are currently facing.

 

[earthquake]

Yeah, sounds pessimistic, but by judging by the consensus of the community, there is no hope on lowering the rate. And even if the successor of ACNL comes out, it won't lower the ACNL rate. The new game will start out at a low rate, which is where we can at least trade for a low amount. People are desperate to decorate their towns, so they will be paying a lot for little amounts of bells. When supply goes up and demand goes down, the rate will increase. And then, we'll have the same scenario we are currently facing.

we're only in this scenario because competition. if we all didnt have to beat eachother out, there'd be no problem.

 

[Murray]

I don't see the problem, this thread just looks like a feeding ground for desperate people looking for free handouts.

 

[Flop]

I remember when TBT bells sold for 99k per 100. Good times.

 

[Kirito]

TBT price has sure gone up a lot over the months. When I started going on the forums and TBT marketplace, TBT was going for 100TBT for 500k-1mill bells. I think one of the reasons for this inflation is because since that duplication glitch came out, some people have been duplicating royal crowns and converting them to in game bells. With so many easy "earned" in game bells people are willing to pay premium for the TBT bells.

(I am pretty sure some of the regular TBT buyers dupe themselves, since I never actually see a "shop" owner in the TBT forums run out of stock on a unorderable set, nor trade for more sets to replenish their supply of sets. There is no way they have an infinite stock of these DLC items if they don't trade back for the items).