No Gold? I don't get it.

What about being able to transfer gold to someone elses vault? This cold be a good thing for towns that have had an assistant take the mayors gold by accident while using a town storage chest, or, say you were loaning someone dei but you only had gold in the vault? Since it can't physically be taken out there could be no "illegal" gold trading, because you can regulate it all through the portal page.

Just a thought, but could prove useful.

 

Sweet Baby Jesus. This is the kind of post I like reading. I really like your idea of spending dei to get a temporary speed boost or fancy titles.

The problem with pennybags isnt that the gold price is a fixed amount. It was meant to jump start the economy and then have shops level the playing field. When the server first reset selling gold was the only way to make dei besides voting. If we hadnt put the market on hold people would have filled in the supply/demand gaps for other items and stopped focusing on just getting gold. Once put on hold the entire economy was based on getting gold, selling it, trading the excess or hoarding it. Now we have this mess.

Anyway, once the new spawn is complete and we have shops selling a variety of items the hoarding of gold will slowly drop to levels equal to prereset. As gold ingots become a fraction of most players income I see Van and Deity removing or adapting this so it doesnt pose any problems to those who wish to build with gold blocks. For now this is what we need to keep veteran players from being tempted to dupe and getting banned.

I will say again I am partially to blame for the hold on the market. I made a design and plan so large that Deity questioned why it needed to be so big. I argued that I did it this way so it would have room to expand and tie in nicely with the merchant class perks.

Yall just be patient. The new spawn will be live in a couple of weeks and everything will be added in the following days and weeks after.

 

I agree withTheRealForte, what happens if someone wants a clock or powered rail? Also down in the mines, what block would gold benreplaced with? Stone? Boring!

 

Gold is still there, but when you mine it it immodestly goes into the DeityVault.

 

What is immodestly?

 

Stupid auto correct
I meant immediately

 

In my case, it's because I don't go to the main spawn often enough to sell them - it's out of my way because that's been the only reason I've needed to go to the main spawn since the map reset. I've got a bunch because I couldn't be bothered going out of my way to sell them very often, so as they were stacking up I had planned to use them in my great construction.

 

Oh. LOL

 

All this is crazy. I don't want my gold stuck on a digital online site! I want to use it! Come on guys, do we really want to have this useful stuff stuck? I want Minecraft to have it's freaking gold back!

 

And we want you to READ THE FREAKING POST

 

I have read the post. I want gold.

 

That is a very cocky attitude Vershye, there has been enough constructuve criticism in this thread that you could respond too but you choose to start a flame war...

I myself have posted some constructive feedback and suggestions and strydier is the only one that replied to it, positively i might add. My general impression of this thread is that people can't wait to jump on a post that hasnt been properly formulated and start flaming on that person. When someone brings constructive criticism to the table, you choose to neglect it because it points out things that are wrong with the server.

If people are only going to be ridiculed or neglected, why not just close the thread and keep some moderation on this forum. Strydier allready said that new spawn would be out soon, now we just need an official statement from Van to tell us about the long term plans for the gold vault and everyone would be on their merry way.

 

I never reply on off-topic discussions because the only result is flaming, I will make a small exception before getting back on topic.

I am well read and have a high level of education so I fully comprehend the means to communicate with other people even if English is not my native language. In everyday live moderators take part in meetings and public debates to moderate the discussion. They remain unbiased and rational in order to guide the discussion along a fruitful and constructive path. If the discussion gets off-topic the moderator brings the participants back to the topic at hand. Occasionally a moderator has to step in to enforce set guidelines or to correct errors in objective facts. The last thing a moderator should do is cause chaos in the discussion or mix in their own subjective opinions. For my job I make use of forums where I discuss professional topics and keep up with industry standards and have only experienced the moderators to act as mentioned above. These same forums do not get trolled, there might be a correlation but as a man of science I can't say that is fact only that it is plausible.

Now to get back to the topic of this discussion: the gold vault.

We were promised to have a shop with gold items 24 hours after the implementation on the vault, but this is not yet in the game. There is also no mentioning of this forum, neither is an expected eta for when it is ready. I would like to know the plans concerning this shop as well as the items sold.

There has been no mention on how to fix the economy. Chest shops and quests alone are not going to fix the damage that has been done by an unregulated money influx. A first step to establish a rigid economy would be to have server side shops that base the prices of their wares on a stochastic model of the entire population and the entire wealth. By using bootstrap methods you can obtain a lot of statistical data on your economy, for starters: determine the median, mean and average derivation values of the stochastic distribution. With this base set of variables you can create a relatively simple algorithm to keep the economy in check and still have random chances in there = fun for investing!

Gold is not causing massive inflation, voting is. By doing some rough and conservative calculations this is easy to prove. I have seen staff mention more than once that there are 6k unique users every day. Let’s say only 25% of those people vote for the server and that 50% of those people have the minecraft quarterly subscription. This would lead to a daily influx of dei at:

6000 x 0.25 x 0.5 x 400 + 6000 x 0.25 x 0.5 x 200 = 450 000 dei per day

That is the equivalent of 18 000 gold ingots per day!

This leads me to conclude that the current gold-based economy is totally flawed and is not a viable solution to a player driven economy. No one is to blame for this because running an economy is a lot harder than it looks like from the surface. This is the reason why large triple A MMO’s have multiple economists on staff to handle this aspect of a community game. I would like to know what the future plans are for the economy on this server and I hope that the staff will share these ideas/plans with us.

- Cheers

P.S. I would rather not see replies to the first part of my post. Instead I hope people will share their views on the goldvault, the economy and the solutions they have to offer

 

Dude. Your unique user number is way too high. You can often see the unique user count pop up as a server message in chat. Its roughly around 3000 a day. Also most people either haven't figured out how to vote or are ignoring the message. I'd say we have close to 350-360k a dei in voting. You can actually see how many people have voted for this period on minestatus. Its at 14,600 at roughly the halfway point so far. On the other hand I can say most of us that have been playing a while have different breakdowns. myself is probably one of the highest outside of a mayor with a good supply of gold. Here it is:

Voting: 200-400
Lords Salary: 180 per hour on since im an assistant in a town. Mayors are higher i believe. Usually get paid 4-6 times a day so I make 720-1080 a day.
Selling Gold: 1250 I usually do this every day but sometimes forget. I have vast quantities of wood, wool, stone, gold, tools etc. Currently all I do is stockpile.

So for me I add roughly 2730 dei to the server each day. I havent done much but build new spawn for four months. Taking in to account that I sometimes forget to sell gold or vote Ill subtract 25%. So now I add 65,500 dei per month. After four months of not selling anything Ive brought in 262,000k Dei myself in that period of time. Only a fraction of which came from voting.

The problem is much bigger than one particular thing such as voting.

Anyway before I get totally of track my point is this: All this Dei would be coming into the server daily regardless of whether or not the player shops were enabled. The only difference is it would be switching hands faster and to those that provide needed materials. The only way to fix this is to add more server money sinks... which Deity and Van have been doing. You can change your donor tag for 500 a pop. You can transfer money to the pvp world to buy land. Town taxes take 30-60k in dei. Towns cost 50k to start, plots are 500 a pop.

So in summary the only way to fix this is to enable player taxes. Most of you dont want to hear that but conisdering I still have 150k in personal funds that I have not added to my town I have a lot more to lose than almost all of you. (Dont bring town funds into this. Mine has 350k and that isnt personal money.)

 

Heres an idea in the mineing world you can collect gold and craft it into whatever but if there is any gold INGOTS in the main world they are put into the vault you cant sell gold ore so if its refined in the main world it get put in the vault. if a gold block is crafted into ingots it is put into the vault.