17 replies to this topic

[Luke Braferd]

Let's see... 
vote whatever you choose.

for gold price, you can check out this page:
http://www.erepublik...xchange-market/


also, if you have an opinion about this Monetary Market, just post it in comment. 

(MM = Monetary Market, so if people use MM, it refers to Monetary Market)

Edit,
2 days, before training grounds appear on day  2095. 
the price of gold got into 199.95-202 cc(but it was vanished very fast in the blink of eye, lol)

Edited by Luke Braferd, 16 August 2013 - 03:22 PM.

[Juan Pablo Barral]

I wouldn't sell it... it doesn't give me enough CC today to be worth selling... I rather use it for bonus, training  or upgrades.

[Shinemavi]

lets see next weeks

[eisenmutter2]

oh god guys MM is just so low because of the tournament

 

 

 

it was the same with the MU tournaments

back then the MM low was at ~215 if i remember right (i was not that active on MM back then) but it was also different:

just MUs got stuff. but this time individuals have more influence on their prices and countries get some gold too + we have massive dealing on MM that pushes the MM from 213 or 211 down to 207 and lower

 

 

when tournament is over it will go up to 220+ again

 

so for now keep gold - when it is back at 223 or 225 sell it

Edited by eisenmutter2, 13 August 2013 - 10:24 AM.

[Manuel III El Exiliado]

Actually, the best MM was the one in which you could buy gold for about ~50CC (33 ESP in Spain), when every country had its own currency. Three years ago, more or less.

[Luke Braferd]

Actually, the best MM was the one in which you could buy gold for about ~50CC (33 ESP in Spain), when every country had its own currency. Three years ago, more or less.

when plato made it to international, everything was changed greatly. :/ 

[rathbone93]

it's a good time to liquidate CC, a better time to hold gold. In 2 days we should be back up to 1 gold = 219 cc.

[Aarin Wong]

I think its better to hold the gold first than selling it on MM, with cc you cant buy those special items maybe in emergency time( u will need to buy items from there).

[ronnyJnrJnr]

Actually, the best MM was the one in which you could buy gold for about ~50CC (33 ESP in Spain), when every country had its own currency. Three years ago, more or less

And before admin imposed the bullshit "10 gold per dayto stop multies" rule

[Demonaire]

Currently, I have no golds and 11,311CC, precisely by continuous currency revalue against the gold. And this, of course, allows me to rentabilize my earnings for future investments in training camps and industries. That's why I prefer the MM as it is.

 

Greetings.

[Juan Pablo Barral]

Actually, the best MM was the one in which you could buy gold for about ~50CC (33 ESP in Spain), when every country had its own currency. Three years ago, more or less.

 

yup... before we heard of any bot or WaM

Things there were more self-regulatory and without the need of admins to do anything.

[eisenmutter2]

i am really surprised that the MM is still at ~ 1g:216,7cc top

 

 orgs dealing on MM are brimmed with gold and they keep pushing it down...

[Luke Braferd]

i am really surprised that the MM is still at ~ 1g:216,7cc top

 

 orgs dealing on MM are brimmed with gold and they keep pushing it down...

training grounds offer come. that's why the price of gold rise a bit
plato needs to make some event again.(gold pack offer should help the price of gold down into 199 cc)
 

yup... before we heard of any bot or WaM

Things there were more self-regulatory and without the need of admins to do anything.

 

i should have registered to this erep 3 years ago, kinda wonder what happened 3 years ago. :/
 

Edited by Luke Braferd, 16 August 2013 - 03:20 PM.

[eisenmutter2]

 

 

i should have registered to this erep 3 years ago, kinda wonder what happened 3 years ago. :/
 

 

 

 

well i can say you i made good profit with q1weapons and houses  (at least 4gold per day) and that was when i was a newb with ~3 companies

 

work as manager killed it all

first it brought nice money from bot but it let to massive overproduction and with the bot killed we only have low prices and low profit now

 

and making money on monetary market (as citizen) was killed with deletion of all national currencies and the 10gold limit

 

we had different occupations too + influence of amount of workers & their wellness on work-performance...

[rathbone93]

I don't understand the 10 gold limit. If you want a vibrant market economy you increase liquidity, not decrease it. Even a damn communist like myself knows this... 

[eisenmutter2]

10gold limit is

 

1. to limit multi-gold moving-transactions (= to prevent moving huge amounts of gold from account to account)

 

2. to limit the amount of money you can earn ingame (= to prevent people making big money ingame instead of buying from admins)

Edited by eisenmutter2, 19 August 2013 - 06:32 PM.

[Murat Eryanmaz]

It will eventually get there but since governments are allowed to print 200cc for 1g it will never stay there. With the current system it is inevitable. Each time you change location, fight a guerilla war you take out cc from circulation. However, gold is produced by players. Since the admins turned down the bot, they can only create new cc via mission awards. CC will be extinct. But there is still too many saltpeter mines too be dissolved. So it will take a long time. Then governments will be creating ccs. jAnd it wont ever stay at 0.006  

 

 

I don't understand the 10 gold limit. If you want a vibrant market economy you increase liquidity, not decrease it. Even a damn communist like myself knows this...  

 

 

 

It is monetary theory you dont understand. Liquidity is not the cause of a vabriant economy..

Edited by Murat Eryanmaz, 19 August 2013 - 11:32 PM.

[eisenmutter2]

But there is still too many saltpeter mines too be dissolved. So it will take a long time. Then governments will be creating ccs. jAnd it wont ever stay at 0.006  

 

 

 

thats true

i alone dissolved 30 or 40 this month (q4 foodraw though)

 

maybe when cc : g ratio is too low the admins turn the bot on again/raise the price the bot pays...