It's Not. Going. To. Stop.

Day 1,646, 06:51 Published in USA Canada by Rigour6

About a month ago, I ran a series on the Erep Economy, explaining the phenomenon of chronic oversupply and the crash in prices that will inevitably follow. As players have noted, that collapse is more or less underway.

I am writing a quick note today to reiterate to those tempted to see this as a temporary downturn - don't kid yourself. Yes, there will be fluctuations in the market (the present downturn has been exacerbated by the missions completing, they siphoned up some of the market surplus temporarily, but didn't address the underlying supply glut, so now we are rebounding heavily downward) but the trend is inexorable until systemic changes are made.

For now, the drop in prices has already reached the point where any investment in new companies at this point is a bad one. Hold your gold and wait and see what comes next. Because unless and until the admins address the market fundamentals, it's not going to stop. There is no natural floor in prices above a very few pennies, and even that one might get surpassed by people willing to work just for XP.

It's gonna get worse before it gets better, folks.


N by NE Volume 6, Number 5