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element price / LG change



Authorelement price / LG change
it's interesting that element prices have fallen since the LG changes, extremely rapidly, and the prices now are probably similar in terms of hours spent enrolling, to what they were before the LG change.

other people have thoughts on this? are there other reasons behind element price drop? i expected events would increase consumption a lot .. but it didn't seem to happen

what's going on :)
lg means income if u cut it u cant afford enchants anymore
Enchants are too valuable to waste on events? :-p
The changes in enchanting are responsible I reckon; lots more elements are needed to get something enchanted than before, so people aren't bothering with enchants as much.
Enchants are too valuable to have at all :)
not in events, wont work in tournaments, whats left ?
The changes in enchanting are responsible

that sounds likely, but this is news to me. do you know the details?
Enchants are too valuable to have at all :)
not in events, wont work in tournaments, whats left ?


Hunting records :))
Maybe some players are collecting elements to enchant Venomancer set and newest shop artifacts. And expect there will be unique sets in the future?
Those are all high-durability.
sorry i saw wrong :D ignore my word.
Because it was probable that LG change is coming, I expected the element price drop. That's why I sold all of my elements just before the LG change. Now I can buy all elements I had before for half that price I sold them.

There is an economical rule - when there is less amount of some commodity, its price goes up. The LG change meant, that it would be less gold in game - that means it was good to buy gold - I bought it with elements. Now the prices are stabilized again, so no economical decision can make a huge profit. And I mean prices that are created just by supply and demand (SD prices). We don't have much of them, more prices are fixed in this game (resources, steel, nickel, MP, shop artifacts ...) and thus some things have illogical value.

Next development will show a slow decrease of SD prices, because, due to events and players spending more gold than they gain, there will be less and less gold in game.

All this example shows the value of information (knowing that LG change will come). And it also shows that each economical strategy including long-term investments is very risky in this game, because you never know what change will admins make. That's why I call this game the "Lords of great battling and enrollment slavery" ;-)
what's going on
^^ PPl need gold, fast ;)

not in events, wont work in tournaments, whats left ?
^^ Nothing except selling enchant element at market :P
@6 I can't remember the exact mechanics of the old system but I'm pretty sure it was 1 element or element pair per enchant %, double for moonstone and abrasive. Now the cost of elements goes up at an increasing rate as the % enchant increases, so at 6% you need twice the amount you used to and at 10% you need three times the amount.

See section 10 on this thread:

https://www.lordswm.com/forum_messages.php?tid=1868152
simply one word: deflation
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