I provide [Sell] signs at my shop. I consider that as a way to keep the economy running by offering more ways for beginners to earn money.

Yesterday, I sadly had to lower all my prices on those [Sell] signs because of those silly new merchants.

I can’t keep up buying ressources at a correct price when :
– players earn money by reselling me what they bought from other merchants
– some players sell me stacks of diamonds just to have the biggest balance on the server
– those new merchants stole 80% of my customers and I’m not earning anything anymore by selling items

I’m not planning on changing my shop prices are they’re what I would call “fair”. They even were, before the shop plugin change, quite cheap. But I have to cut on my daily [Sell] signs expenses as my balance isn’t infinite.

I was planning on adding more and more [Sell] signs with time to cover all possible “jobs” beginners could wish to have … but I can’t as long as I have to worry about that situation.

I’ve already opened a Merchant Guild group but am still waiting for shop/town owners to join it so we can discuss that kind of issues. http://piratemc.com/groups/merchant-guild-of-the-pirate-federation/

so hey what if we place a infinite cash place were it buys itmes like diamonds and iron for a “fair” price so players are obligated to maintain the price of the diamonds to a point.

most of the diamonds would go to the “infinite” cash sing. and ppl might just trick other players that don’t know of this “standard” price.

This is part of the reason I suggested NPC shops, a server wide set price for items that player shop owners have to compete with would solve this problem. Also, Im not crying because Im paying less for diamonds.

It’s market economics. If I want to make a sale of an exactly like good, I’m going to compete on price. That may require getting ruthlessly competitive to drive out competition, such as Amazon’s strategy.

If you want prices to increase, get out of the market to decrease supply 😉

The bad point is: shops in minecraft can’t really work with the economics from amazon and stuff.

Because everytime we drive a price down every new member of the server will adapt to the price.
That leads to the adaption of the £ we use.Sooner or later i guess one pound will be worth 1 diamond and therefore most other items will be worth something like 0,01 £ ….now you regret giving markus all those 0,0019£donations, eh? 😉

However this happens because piratecraft£ only have one way to fix their worth, through woodprices in cove.
On other servers servershops give their money some kind of set value becuase they offer a larger set of buy and sell shops.
Here everything is up to us and therefore we can make 100£ worth one dirt or a diamond worth 1£ all based on supply and demand.(also we have sellclaimblocks ofcourse)

Because of that i don’t think we should set the prices for diamonds that high because in the right moment a Diamond can be worth a stack of logs or a single claimblock, it all depends on supply and demand.
THis marketcontroll Machi is trying to do is nice but in the end it would be better to let everyone try around….also sooner or later greedier traders will come and push those cheap shops away.

(if you trade in a set community(crew or group) you could of course do set prices this works great in a set local area where you need special ressources and stuff)

But in the end larger marketcontroll makes no sense….at least not to me.
(If large shopowners think the prices are to low: close your shops until the prices are better for you? )

I think the biggest problem is just greedy children running shops, One option would be to make it harder to own a shop, Either Decrese the amount of signshops the younger players have. At present Cadets can make shops, maybe this should be limited, or just start from Sailor.

Who are the culprits making eco worse?

Also, the Wiki will be back soon where we can have an in-depth guide that you guys can write and edit as you please that people can follow, have in-depth shop pages linked form that too, you could even have price lists with the Wiki if you wanted to go that mad.