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[Business Insider] Weimaresque Hyperinflation Is Ravaging One Of The World’s Most Popular Video Games

post #1 of 26
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Quote:
The world is reminiscent of Judeo-Christian notions of hell: fire and brimstone, with the added fantasy elements of supernatural combat waged with magic and divine weaponry. And within a fairly straightforward gaming framework, virtual “gold” is used as currency for purchasing weapons and repairing battle damage. Over time, virtual gold can be used to purchase ever-more resources for confronting ever-more dangerous foes.

But in the last few months, various outposts in that world — Silver City and New Tristram, to name two — have borne more in common with real world places like Harare, Zimbabwe in 2007 or Berlin in 1923 than with Dante’s Inferno. A culmination of a series of unanticipated circumstances — and, finally, a most unfortunate programming bug — has over the last few weeks produced a new and unforeseen dimension of hellishness within Diablo 3: hyperinflation.

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post #2 of 26
Well this has happened before in MMPORG games as HON, there was hyperinflation and the whole game straight down to the toilet,and there was massive quitting.

Game over.
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post #3 of 26
Well well well, will you look at that, the good and bad of trying to putting the auction house in Diablo 3.
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post #4 of 26
Path of Exile > Diablo 3
Free vs Rip Off
post #5 of 26
what do people expect? the gold rmah gave everyone a license to print money and gave them an advantage if they did. imagine if such things existed world financial systems
post #6 of 26
Quote:
Originally Posted by perfectblade View Post

what do people expect? the gold rmah gave everyone a license to print money and gave them an advantage if they did. imagine if such things existed world financial systems

Yes, IF... biggrin.gif
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post #7 of 26
D3 still around eh?
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post #8 of 26
When there are effectively no controls on money supply, hyperinflation is inevitable.
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post #9 of 26

It was only a matter of time.

post #10 of 26
The solution seems simple to me. Create a tangible limit on the gold-price of equipment based on the average player's gold production, and also create a limit on the amount of gold that one account can bank. Botters will only be able to bank gear, and regular players will be be able to muster up enough funds to buy top-price gear within a timeframe that can be determined by Blizzard regardless of the influence of market titans. Regular users want to spend money as they get it anyway. This method will also force botters to buy more game keys if they want to stay in the hoarding business, capping the value of gold against the value of real money -- the price of a game key. The gear they farm will end up directly on the market, making it accessible to players within that pre-defined farming time to get to the gear-price-cap. If the best piece of equipment is worth 5 days of 24-hour gold farming, for instance, then the value of lesser gear can only fall. This chosen gold price cap should also be nearly 1:1 with the $250 limit of the RMAH, if players ever trust Blizzard enough to equate gold to real money again.

The timeframe for raising a few characters and gold-farming for their gear under these controlled circumstances could easily be made to reflect the timeline for an expansion release, and then the process could start all over again to keep players interested and active.

If I can think of this, someone getting paid ridiculous amounts of money over at Blizzard should be able to.
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