Why?

Discussion in 'General Discussion' started by Logicaly, Jan 5, 2007.

  1. Logicaly

    Logicaly Senior Member

    Age:
    39
    Posts:
    4,253
    Likes Received:
    0
    Joined:
    May 17, 2005
    Location:
    Bay Area, California
    Out of curiosity. Why are people selling credits for so low? We have taken quite a bit of credits out of circulation, thus making them worth more then they had been, but for some reason, people keep selling credits for lower and lower prices, and im curious as to why?

    It defies the rules of supply and demand, so im wondering where the reasoning behind it is.
     
  2. Zabiela

    Zabiela Well-Known Member

    Posts:
    2,577
    Likes Received:
    0
    Joined:
    Apr 25, 2004
    Because everyone thinks prices are gonna go down and trying to beat all the deals as they have alot of credits to sell.
     
  3. Lefthanded

    Lefthanded Gentlemen of Leisure

    Posts:
    1,762
    Likes Received:
    0
    Joined:
    Apr 2, 2006
    Location:
    United States
    To help the community :D
     
  4. Hadouken

    Hadouken Well-Known Member

    Age:
    34
    Posts:
    5,273
    Likes Received:
    0
    Joined:
    Jun 1, 2006
    Location:
    Boston, Massachusetts
    The higher the price, the less likely someone is going to buy.
     
  5. Renwick.

    Renwick. Well-Known Member

    Posts:
    2,290
    Likes Received:
    0
    Joined:
    Dec 28, 2006
    Location:
    Sydney, Australia
    Cos they'res more and more shops sellign credits now, and if they cant beat their competitors, no buisness.
     
  6. Morv

    Morv Well-Known Member

    Age:
    30
    Posts:
    3,883
    Likes Received:
    0
    Joined:
    Dec 5, 2005
    Location:
    I want a xlink shirt
    Yeah, everybody is trying to out price the rest...

    Without any way of making credits, except selling, buying is the only way, so alot of people are buying credits.. Which results in really low prices

    I mean, 1 year ago, I had to pay 5$ for 1000 credits.. Now I bought 2550 for 10$
     
  7. -=DaRKSTaR=-

    -=DaRKSTaR=- Senior Member

    Age:
    35
    Posts:
    3,949
    Likes Received:
    0
    Joined:
    Mar 30, 2005
    Location:
    England, UK
    Tells you how much the prices of things gone up by :D

    Ye true competition can drive prices down

    DarkStar
     
  8. MasterEffects

    MasterEffects Active Member

    Age:
    38
    Posts:
    38
    Likes Received:
    0
    Joined:
    Sep 4, 2006
    Location:
    MasterEffects
    Because they are not understanding what they are doing, is typically the reason. But, it takes time to kick in for "demand". When you shrink the supply, there is still an excess, and the demand is there. But overtime, the supply, as you stated, is going down, but demand will continue to either stay the same, or rise.

    So in about a month or so, if you continue doing what you usually do, what YOU want to happen, will happen.
     
  9. kirbir

    kirbir Senior Member

    Age:
    36
    Posts:
    17,226
    Likes Received:
    0
    Joined:
    Aug 8, 2005
    Location:
    England/Manchester
    I think the prices will shoot up again eventually but until we have all the credits needed out of the system i dont think that will happen just yet.

    Some sell for cheap to help others out, i mean if i could sell alot of my stuff for credits i would sell them for cheap also, i mean..you got paid for a piece of art, you get alot of credits, you then sell those credits for real cash which is pretty damn awesome in my opinion :)
     
  10. Majin

    Majin Senior Member

    Age:
    31
    Posts:
    6,657
    Likes Received:
    1
    Joined:
    Jan 28, 2005
    Make a rule simple. Not allowed to sell under the current value of credits.

    x credits : x dollars/euros/pounds whatever.
     
  11. Kupcayk

    Kupcayk Well-Known Member

    Posts:
    227
    Likes Received:
    0
    Joined:
    Oct 2, 2006
    Location:
    texas, usa
    one of two things....



    1. it's the holidays and they are super giving or

    2. trying to get into heaven....idk
     
  12. madmav

    madmav Well-Known Member

    Age:
    31
    Posts:
    3,930
    Likes Received:
    7
    Joined:
    Jan 17, 2005
    Location:
    Haunting Gamerenders
    I'll sell you a 1000 creds for $10
    good deal, no?
     
  13. Sniper001

    Sniper001 Legen-wait for it-dary!

    Posts:
    5,027
    Likes Received:
    0
    Joined:
    Jul 2, 2005
    Read my signature Logically, it's been up there for a while; as I am definetly wondering the same thing you are.
    Obviously, the recent scam definetly played a major role in the aditional depreciation of the credit; as many members were able to purchase credits at an extraordinarily low rate. (20k for $20) Hopefully, it will increase again, at least back to the 250:1 rate. I've seen many people sell it at the 300:1 ratio now!

    You aren't neccessarily helping the community, you are somewhat making it worse. Gamerender's currency is in credits, by people selling it for low prices, you are forcing other competitors to lower their prices as well, hence making the credit somewhat worthless. Now tell me, how does that help Gamerenders?

    If a rule is implemented that you MUST sell credits at either the 250:1 ratio OR 200:1 ratio, there would definetly be many people selling credits under the table at a BETTER ratio; would be too hard to monitor and would add on to the staff's work.
     
  14. Phainted

    Phainted Well-Known Member

    Posts:
    1,897
    Likes Received:
    0
    Joined:
    Jun 19, 2006
    We'll I can understand selling a little cheaper if you need the money......Most rates are pretty accurate they do a few "special" bins to sell there credits faster. Like for the people who don't by full rights/learning rights/ don't really buy anything just sell.
     
  15. Lennox

    Lennox Well-Known Member

    Posts:
    1,035
    Likes Received:
    0
    Joined:
    Jun 21, 2006
    People wont pay me for what my credits are worth, so im just holding onto them for now.

    Its cuz retarted people sell them for less, so everybody figures mine are overpriced.

    Whenever i made a thread to sell them, people are just like why? Tazzy corner can get it to me for way cheaper. I hate that so much.
     

Share This Page