Your opinions on inflation in the Empire?

Discussion in 'Marketplace Discussion' started by CadenMann, Jan 5, 2015.

?

Should inflation in the Empire be stopped?

Poll closed Jan 15, 2015.
Yea, definitely, it is ruining the economy 30 vote(s) 50.0%
No, inflation is a good thing, it keeps the economy alive 30 vote(s) 50.0%
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  1. BIGGGG DAMAGEEEEEEEE
    Bro_im_infinite, Jan 15, 2015
    #101
    southpark347 likes this.
  2. Thank you for clarifying this to the community, there's been a lot of conflict about the prices of everything, and I very much appreciated your lecture on inflation and the purchasing of rupees. I completely agree with what you said, and I hope that if the players with to pay 150r for diamonds, then they will do so :D
    CadenMann, Jan 15, 2015
    #102
    bloodra1n likes this.
  3. Where did it all start....

    Once upon a time on a server not so far away items like a Silk Touch pickaxe with Unbreaking III and Efficiency IV would cost you upwards of 17k also GLowstone was 27 - 35r each and diamonds where selling for 21 - 27r each.

    Then came the dark side, VILLAGER TRADES "den den den .. Dramatic Music" and all became lost in a world of the Notch. Villager farms in town spawned millions of villagers, all eager to trade their wares and ruin the economies of servers.
    Silken_thread, Jan 15, 2015
    #103
    bluebiscuit2007, jkjkjk182 and bloodra1n like this.
  4. Darn villagers lol.
    jkjkjk182, Jan 15, 2015
    #104
    Silken_thread likes this.
  5. That's a good point - change in Minecraft due to things like Villager/Gold/Iron farms are having way more impact on the economy than a simple influx of rupees ever would.
    Aikar, Jan 15, 2015
    #105
  6. soon as IRL settles down, I intend to create an extremely simple interface to search an item and see the average price in the past week, and maybe list last 10 residences who have sold it.

    This won't take much work, and will expose it over JSON files too, so then people like azoundria can consume this data and offer historical graphs in the short term, but we might add graphs later too.
    Aikar, Jan 15, 2015
    #106
    cadgamer101, jkjkjk182 and M4nic_M1ner like this.
  7. That's good.
    My idea about the inflation comes from constant need to raise the buy-prices in order to get stuff sold to the shop. Perhaps people do not produce as much as before not because of high rupee balances, but because of some other reasons. I just constantly struggle to keep the shop in stock.

    Very true.
    I'll try to compose a "basket of goods" and calculate the inflation.

    Thank you very much for the stats. Could you add "COUNT(*)" or "SUM($qty)" to get the volume and perhaps extend the period to 20 days?

    It would also be very interesting to see how the sum of balances of active players changes (active = at least 8 hours online time in last 2 months).

    Please announce it in advance, because some players :cool: try to optimize their mining activities and do have some stuff there :)

    Thank you! This is good news! :)

    Question to all:
    About diamonds, perhaps they were just under-priced before?
    How long does it take you to find 4 diamond ore blocks (around 1000r)?
    How long does it take you to mine / collect 15 stacks of sand (also around 1000r)?

    It took me 20 min (3 min preparation and transport, 17 min mining) to get 27 stacks of sand and 20 stacks of sandstone (that's around 3500r), so 1000r in this comparison would correspond to 5.7 min mining time.
    M4ster_M1ner, Jan 15, 2015
    #107
  8. On a good day, the average with traditional mine shafts, it takes me about 10-15 minutes to strike upon a diamond vein.

    With my 'godly' shovels, the time to get 15 stacks of sand would be about...eh...4 minutes. If it's nighttime, then a little more time to kill the creepers... :D
    Abele, Jan 15, 2015
    #108
    M4nic_M1ner likes this.
  9. erm.. umm.. I don't like inflation. Sometimes I am poor, and I never go to the waste, so i usuallly buy things.
    With inflation, there should be a raise on voting rewards. that is my opinion
    colepuncher, Jan 15, 2015
    #109
  10. Now that is an amazing idea. Preach it, brother Aikar, preach it!
    CadenMann, Jan 15, 2015
    #110
    bluebiscuit2007 and jkjkjk182 like this.
  11. I'd be more willing to say its your fame that gets you. When players find a reliable shop with fair prices, they tend to go there more often. Time = money, and chasing down in stock shops can sometimes outweigh the benefit of shopping around to find a lower price.

    Code:
    >>> parallel -j 5 price ::: Diamond Obsidian Wheat Sugarcane "Iron Ingot" "Gold Ingot" "Steak" "Stone Brick" "Sandstone" "Glass" "Emerald" "Nether Brick" ::: 64 1 ::: 0 365 | sort -r | uniq
- Item                  Period          Average        Count          Total
Wheat x64              365 ago        13              699            8970
Wheat x64              0 ago          42              762            31975
Wheat x1                365 ago        3              264            811
Wheat x1                0 ago          4              621            2249
Sugarcane x64          365 ago        NULL    0              NULL
Sugarcane x64          0 ago          NULL    0              NULL
Sugarcane x1            365 ago        NULL    0              NULL
Sugarcane x1            0 ago          NULL    0              NULL
Stone Brick x64        365 ago        51              1695            86720
Stone Brick x64        0 ago          60              3280            197211
Stone Brick x1          365 ago        2              382            587
Stone Brick x1          0 ago          4              257            1140
Steak x64              365 ago        NULL    0              NULL
Steak x64              0 ago          NULL    0              NULL
Steak x1                365 ago        NULL    0              NULL
Steak x1                0 ago          NULL    0              NULL
Sandstone x64          365 ago        126            3275            411886
Sandstone x64          0 ago          122            2594            316104
Sandstone x1            365 ago        2              345            714
Sandstone x1            0 ago          3              260            664
Obsidian x64            365 ago        550            128            70344
Obsidian x64            0 ago          931            133            123839
Obsidian x1            365 ago        12              2920            34170
Obsidian x1            0 ago          14              4708            63661
Nether Brick x64        365 ago        101            365            36890
Nether Brick x64        0 ago          125            660            82267
Nether Brick x1        365 ago        12              21              254
Nether Brick x1        0 ago          4              193            840
Iron Ingot x64          365 ago        114            1006            114900
Iron Ingot x64          0 ago          265            747            198296
Iron Ingot x1          365 ago        3              8860            28750
Iron Ingot x1          0 ago          5              21323          106566
Gold Ingot x64          365 ago        612            91              55680
Gold Ingot x64          0 ago          707            47              33246
Gold Ingot x1          365 ago        15              7939            116499
Gold Ingot x1          0 ago          11              17715          194592
Glass x64              365 ago        83              2385            198610
Glass x64              0 ago          93              3449            319530
Glass x1                365 ago        11              272            3024
Glass x1                0 ago          2              773            1724
Emerald x64            365 ago        1365            225            307214
Emerald x64            0 ago          934            63              58816
Emerald x1              365 ago        22              9109            196161
Emerald x1              0 ago          30              15979          484130
Diamond x64            365 ago        3544            23              81520
Diamond x64            0 ago          5644            76              428964
Diamond x1              365 ago        49              19992          988392
Diamond x1              0 ago          80              32113          2574935
    It would also be very interesting to see how the sum of balances of active players changes (active = at least 8 hours online time in last 2 months).

    Part of krysyys plan
    Aikar, Jan 15, 2015
    #111
    M4nic_M1ner, jkjkjk182 and bluebiscuit2007 like this.
  12. And i'm sure this will be of interest:

    Code:
    >>> parallel -j 5 price ::: Diamond ::: 1 ::: 600 540 480 420 360 300 240 180 150 120 90 60 30 0 | sort -r | uniq
- Item                  Period          Average        Count          Total
Diamond x1              600 ago        58              38001          2216691
Diamond x1              540 ago        50              24754          1248819
Diamond x1              480 ago        53              13696          719955
Diamond x1              420 ago        55              8783            484468
Diamond x1              360 ago        49              17470          855038
Diamond x1              300 ago        55              14498          802427
Diamond x1              240 ago        62              13415          836149
Diamond x1              180 ago        66              18504          1214780
Diamond x1              150 ago        97              22081          2130986
Diamond x1              120 ago        96              17360          1670535
Diamond x1              90 ago          69              11740          808160
Diamond x1              60 ago          71              12594          897912
Diamond x1              30 ago          77              13447          1034629
Diamond x1              0 ago           80              32125           2576105
>>> parallel -j 5 price ::: Diamond ::: 1 64 ::: 150 120 90 | sort -r | uniq
- Item                  Period          Average        Count          Total
Diamond x64            90 ago          4819            10              48192
Diamond x64            150 ago        4543            106            481552
Diamond x64            120 ago        4522            59              266816
Diamond x1              90 ago          69              11741          808232
Diamond x1              150 ago        97              22081          2130986
Diamond x1              120 ago        96              17359          1670463
    This is surprising... Diamond prices hit 96r for a single 5 months ago!
    The updated script I'm using so people can verify how the numbers are received:
    Code:
    #!/bin/bash
item=$1
qty=${2-64}
daysago=${3-5}
read -r -d '' SQL << EOF
USE minecraft;
select
"$1 x$qty      " as "- Item            ",
"$daysago ago  " as "Period    ",
CONCAT(ROUND(AVG(amount)),"    ") as "Average  ",
CONCAT(ROUND(count(amount)),"  ") as "Count    ",
sum(amount) as "Total"
        from rupee_trans where time between
        UNIX_TIMESTAMP()-(60*60*24*($daysago +30 )) AND
        UNIX_TIMESTAMP()-(60*60*24*( $daysago ))
        and extra_data LIKE "$qty $1 to%"
EOF
result=$(echo "$SQL" | ssh db mysql -B )
echo -e "$result" | expand
    Aikar, Jan 15, 2015
    #112
    bluebiscuit2007 likes this.
  13. Funny, I haven't seen diamonds higher than 76r for a while now
    CadenMann, Jan 15, 2015
    #113
  14. I think the shop prices being updated are driving them back up, but because they were cheaper for a while the price plummeted
    jacob5089, Jan 18, 2015
    #114
  15. https://m.youtube.com/watch?v=Frtax3pXPtg
    BanditLM, Jan 18, 2015
    #115
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