Not a bad thing if token do crash. It will mean everything else ingame would eventually drop in price because not alot of people will have the gold to afford it
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It is HILARIOUS that they make a change which almost exclusively effects bot accounts and the price immediately drops by almost 1/3 lmao.
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I think probably 99 of botters pay with gold while a small portion of legit players do.
Yes that is how supply and demand works: when people stop buying, the price stops dropping.
As long as it keeps dropping, it means people are still buying.
I think people are forgetting about the Purchasing power parities (PPPs) are the rates of currency conversion that try to equalize the purchasing power of different currencies, by eliminating the differences in price levels between countries.
So this means if the token is 100k and it drops to 10k. It means a piece of transmog that cost 2000 now should cost 200. Your gold will have more value now.
Even through you get less gold buying a token. Your gold should go farther since everything will be cheaper.
I do think Blizz would be wise to do a soft token reset by a huge gold sink. They could do a golden dragon mount.
There is no reason why in DF a Token should go more than a 100k. There is no mission tables, no callings and no hourly reset of WQ like in Legion. The Legion token peak at 250k.
There was way too much fake demand for a token for 300k due to botting. Anyone remember a GTX 3070 selling for $800 due to the mining craze. The exact same thing here. Now NVidia is barely selling any 4080s because they are over-priced and mining is dead.
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I bought a couple at 380k gold. I was pretty happy with that.
Gold enters the in-game economy by three avenues. First, looting mobs. Second, quest rewards. Third, selling items to a vendor.
Token purchases and AH sales do not cause new gold to enter the economy ā they shuffle around gold thatās already there.
One of the things thatās causing in-game inflation is the fact that thereās a lot of old gold rattling around. There are a few characters knocking around that have been here, questing and looting, since lights-on back in '04. Thatās not the only thing causing inflation ā thatās a really complicated beast, and if you ask three different economists to explain it youāll end up with four or five explanations ā but having more money chasing the same basket of goods is a pretty big driver.