Brad Mortensen wrote:
Matthew Hayward wrote: A GF just sold on eBay for $71.
Looks good - although we still have to absorb all the 2016-18s that will be fleeced in the next year or two.
I sincerely don’t understand your obsession with the price of bits,
After leaving this topic alone for 1 year 8 months I posted updates after big changes. That's not obsession.
But no matter what you call it, I correctly called a multi year price decline in fleece, while others disagreed or said there wasn't enough information to draw such conclusions.
I also successfully advocated for TD to do things to increase demand for monster bits. TD's agreement that this was in order as reflected in their implementing the exact proposals I called for regarding fleece requirements in Eldritch and Relic tokens was personally very gratifying to me.
I'm sorry you choose to view my contributions to secondary market analysis so negatively.
and why you set a Fleece target about twice the historical average.
I'm not sure I do. I don't think I do. Can you provide the historical average fleece pricing / definition that you are using to base this statement off of?
When I started playing in 2009, bits went for $5. I realize you started 4 years later.
I started playing in 2007.
One of your first data points was the $20 bits from 2014.
It was not.
And yes, Fleece got to around $100, but that was an anomaly, and you’re convinced it should be the new norm.
I said I'd be happy with fleece in the $80-100 range. Why wouldn't you be?
Why aren’t we doing anything to drive up the prices of trade goods and URs? That’s a much broader problem.
I agree with trade goods anyway. I'm not sure higher UR prices are good.
So I strongly disagree that $71 Fleece “looks good.” I think we’ve overshot the mark. And I also strongly disagree with whole concept of TD setting price targets and intentionally manipulating the market to try to achieve them. It feels immoral to me.
TD sells tokens. The value of tokens and therefore demand for them relates partially to their secondary market value. TD ought as a matter of good business to consider the supply and demand, and values of things in the secondary market.
I feel on some level you agree with this, because you often weigh in with opinions and analysis about the loot cap.
Besides, $40 Fleece is about right relative to the price of other goods
How do you figure?