erepublik: trading without any knowledge - its like in real life!
eisenmutter2
as of today the financial system in erepublik is becoming more like RL finance. that is: nobody can understand it at all. everybody loses.
if you cant. then maybe youre landed in a game called erepublik
ADMIN:
"As a new step toward stabilizing and bringing back the fun in the economy module, starting today all national currencies will be automatically traded at a fixed exchange rate."
how ist this calculated?
so all my dem i wanted to sell for 1.000dem = 1g were/and will be sold at a fixed exchange rate.
that means
until now i made 30.000dem = 30g = 39.000rub (with 1g = 1.300rub)
and now i will get 30.000dem = 1:1 (for dem->rub) = 30.000rub
see your convertation-rates
as of today
you deal on MM with different but just one currency because all currencies are now traded 1:1.
in practice:
you offer 1.000 of your currency and i see the offer with my currency.
you can check the monetary market and will see ppl all over erep offering rub because of this.
and i maybe stupid and cant see it but
how is the economy to become stabilized with every citizen in countries of high population and active players just having tons of one currency?
and how is the economy module supposed to become fun if i cant do anything at all now? before i could at least deal 10gold worth per day earning 5 new gold by trading...
you now what doesnt make sense too? admin logic.
its just like:
1. increase the possibilities to waste gold ->q2 training
but damn its just once... so... what next?
2. decrease possibilities to make money, this time with a longterm masterplan ->crush the stock market
the next thing will maybe be the erasing of military module because it brings to much gold...
for more details see this very nice article
Comments
v
its called gold inflation bro. get any currency you can before its too late
well i think it will just be like
1g ~ 2000-2500 rub or sth in the evening...
so i dont really want currency now
it will be more like 1g = n (put your number) of any currency.
well
A) everybody will have 1.000.000currency
😎everybody wants gold
C) nobody will buy currency with gold because you have tons of currency yourself (see A)
so everybody will just buy the gold offered
and if the offers are like 1g = 1300rub now they will be sold until its
1g = 2500rub or more
at least thats what i think...
monetary market is out cold
the fun part has started?
work out who were the biggest market before this fck up, then their exchange rate will be pretty much what you will get as a weighted average + say 10%. I guess it will be below 1000. but dont take my word on it.
i just invested in more companies... thats save (hahaha)
no for real at least with companies and products i have sth i can touch and even sell for 0.01rub/unit everyday if it comes down to that...
omg dem to rub = 1:1
its not as bad as i thought
but is it now 1currency for the whole erepublik? or will it be traded with this exchange rate too when i change my citizenship in the future? omg the stock market is fuckn dead...
V
Monetary Market-Mass gold buying=Higher gold prices=Makes currency worth next to nothing.
This is a way that the Admins are saying "Bye bye citizens, have a better real life."
@Jacques Jones Day 1,568, 12:26
there is no currency worth next to nothing.
its either
oh wow 1rub = 1gold lets buy...
or
oh wow 1gold = 2raw companies q4
worst thing possible is when products are worth nothing (->bot dead)
or when you produce more than the bot is buying...