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  1. jassimq Builder
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    :: Pricing Suggestions ::

    Item/Rank/Feature:
    Redstone and coal

    Data Value:
    331 for Redstone and 263 for coal
    Current Price:
    Current price of 1 redstone dust is 1.50$
    Current Price of 1 coal is 1$

    Suggested Price:
    Suggested Price for 1 Redstone Dust is 1.25$
    Suggested Price for 1 coal is 1.50$

    Brief Description:
    You get more Redstone Dust than Coal When mining with a fortune III pick!
    And you get more Exp from Redstone ores than coal ores! You get alot of Redstone dust
    From mining and less coal, This would lower the exp prices even lower

    Open Discussion:
    As i said ^ You get more Redstone Dust than coal if you mine for example at x: 10-12 which most people do
    You get more Redstone than Coal
    Today i bought 5 Redstone Ores and 5 Coal ores
    I got 33 Redstone Dust from 5 ores and it was worth 49.50$ and i got 7 orbs of exp
    From 5 Coal ores i got 9 Pieces of coal and it was worth 9$ to the server and i got 2 orbs of exp
    If i total this out correctly (Spawnshops buy Exp for around 1.25$ per orb)
    Redstone made in total: 58.25$ with the exp
    Coal Made in total: 11.5$ with the exp
    Now if Coal were 1.50$ and Redstone Dust was 1.35$
    Redstone would make: 50$ with the exp
    Coal would make: 16$ with the exp
    Not that many Mine coal when they see it
    But when they see redstone they go ahead and mine it
    *Note*: All of this calculations were tested with eff 5, unb III, fortune III Pick

    I am looking Why do you +1 this or -1 this suggestion

    For evidence that people doesn't mine coal when they see it:
    This is the mining trip @Chundi_Jr did (thanks for letting me to post this)


    She only made $146 from coal while she made 3.7k from Redstone, By the info she/he gave us it is clearly seen that she didn't mine alot of Coal And as said by @Chundi_Jr : http://imgur.com/DIRh4iX

    This proves my point and i never told @Chundi_Jr to fake it or anything This is 100% Legit

    Now for a 2nd piece of evidence
    This is a mining trip @wolfwoodnyo did (thanks for letting me to post this)

    Now as you can see @wolfwoodnyo mined for 30 mins and made 10k! That is insane! Really impressive
    Now lets look at how much she made from coal: 1374$
    Now lets look at how much she made from Redstone: 3417.75$
    Between these 2 only 50 blocks difference and Redstone made 2k More than coal
    Now i asked @wolfwoodnyo the same question i asked @Chundi_Jr and the answer was:
    http://imgur.com/Mxuy1QC

    Now from the answer @wolfwoodnyo said that is really good and i don't think she is satisfied from how she made coal even though she mind alot and really happy about how much Redstone made

    Lets see how much she would've made with the prices i am suggesting
    Redstone Dust: 217 x 9 = 1953 x 1.25$ = 2.4k
    Coal: 152 x 9 +9 = 1337 x 1.50$ = 2k
    Now this nerf Would still make Redstone make more than Coal
    But the price of coal is higher

    I am looking to hear your own thoughts about this
    Thanks to @wolfwoodnyo and @Chundi_Jr for the info

    @nicit6
    http://tinyurl.com/CTPORAC
     
    #1 jassimq, Jul 21, 2014
    Last edited: Jul 21, 2014

  2. Nicit6 N6
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    Firstly, EXP shouldn't be factored into a thread like this as the prices are simply too volatile. EXP doesn't add money to the economy as it can't be sold to the server. It is its own market, and frankly I think we should keep it alive and not flood it with more EXP.

    Part of the wording here makes me think that because some people don't mine coal, you think the buff to the coal price will have a negligible effect - whereas people will likely just start mining coal.

    As I told you earlier, I don't see a clear point to this. What's the point in nerfing one aspect of mining just to buff another?
     
    #2 Nicit6, Jul 21, 2014

  3. StellarisIgnis aka HCPillarofFire
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    What exactly are you wanting lowered? The exp drop from redstone or the price of redstone only? I am not sure why there needs to be a drop in price on it? Yes I mine it, and I mine coal as well but I honestly do not believe lowering the price of redstone will cause less players to mine it, it is still a useful block for aesthetics among other redstone contraptions.
     
    #3 StellarisIgnis, Jul 21, 2014

  4. jassimq Builder
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    The price of redstone only and Redstone makes a decent amount of money from exp and makes quite a bit of money from the dust
     
    #4 jassimq, Jul 21, 2014
    Last edited: Jul 21, 2014

  5. StellarisIgnis aka HCPillarofFire
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    I would have to agree with nicit on this though exp values should not be counted in the price of redstone in any sense, they are their own markets and exp is way to volatile. You are also assuming that people /sell hand their redstone, some do, many don't. I am an example of someone who does not. Redstone isn't to a point yet where I believe in its own right should be nerfed again. On a separate note I almost feel any attempt to lower it is just an attempt to try and make mswords worth having over an eff 7 again. (going off on a tangent I know, but still).
     
    #5 StellarisIgnis, Jul 21, 2014
    Last edited: Jul 21, 2014

  6. jassimq Builder
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    If mswords worth having over an eff 7 because of the nerf it would be better as more nstar and money would be removed from the economy since m-swords cost like 800k-900k now a days and m-swords are easier to break than eff 7 pick so more money would be removed from the economy, if there would be more m-swords that means more farms would be created so people MIGHT Go from Resident to Mayor or Mayor to President and people would buy more towns to make farms so more Money would be removed from economy (I am saying that as a player i would probably make a melon farm because everybody is buying melon swords)
     
    #6 jassimq, Jul 21, 2014

  7. Nicit6 N6
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    There's a few things I should point out here:
    Melon swords add money to the economy and do nothing to take it out. They take out netherstars, but those can not be exchanged for EcoDollars with the server in any profitable way.
    Melon swords are certainly not easier to break, you run through the durability on them far slower than on eff7 picks.
    Your melon farm proposal doesn't make a whole lot of sense, as there are countless melon farms out there already.

    There's another two things to consider here:
    Melon farming requires next to no concentration while mining requires all of it. Why should farming make even the same as mining, forget about more.

    Also, melons have 0 market. Meaning every melon is cash printed into the economy. Mined goods have a market, allowing them to be sold to players rather than the server, and exp can't even be sold to the server. Therefore while mining you can make more money but add less to the economy.
     
    #7 Nicit6, Jul 21, 2014

  8. StellarisIgnis aka HCPillarofFire
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    And back to the topic of redstone dust, nerfing it even more would not help the economy in the slightest atm considering what melon swords do to it.
     
    #8 StellarisIgnis, Jul 21, 2014

  9. knears2000 Builder
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    -1

    The prices are fine currently and don't need any changing due to the fact that the mining market is fairly stable currently. We don't need anything that could possibly destroy that balance.
     
    #9 knears2000, Jul 21, 2014

  10. Monkeyz505 Builder
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    I got pretty P.O'ed when I found out that lapis/redstone had been nerfed, and honestly, redstone is as low as I'd like to see it. Until something groundbreaking comes up that can seriously hurt the mining economy, best just to leave everything where it ys.

    Sorry, -1.
     
    #10 Monkeyz505, Jul 21, 2014

  11. jassimq Builder
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    Note - Maybe increase coal prices? 1$ is a little low IMO
     
    #11 jassimq, Jul 21, 2014

  12. Monkeyz505 Builder
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    I do agree that coal should be raised. but only by $0.25 MAX. I say $0.25 because if we crank up coal a lot, everything else will go up, and that would be bad.
     
    #12 Monkeyz505, Jul 21, 2014

  13. steveshizzle Resident
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    I agree with Nicit in that you assume that skyrocketing the coal price won't have any effect because nobody mines it. However, coal is the most abundant ore and can be found anywhere, so if prices rise like you want, people will be mining it left and right and could thus inflate the mining economy. -1
     
    #13 steveshizzle, Jul 22, 2014
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