New GG to LGG Ratio
760 views · started by Maverick ·
Nobody knows. Use what you think it's worth.
Anyway to find out how much lgg is in circulation?
Maverick wrote:Anyway to find out how much lgg is in circulation?
LGG is generated every time anyone posts in the forums, and as far as i know, the only way it is taken away is when you spend it on your chao. So LGG is probably worth more to a LG member who uses the choa function vs someone who doesn't.
28,000 LGG is in circulation currently.
52,000 generated minus 24,000 spent.
52,000 generated minus 24,000 spent.
With that little LGG in circulation aren't the items in the chao shop a little over priced?
It's the exact opposite. Chao items are special incentives for users to achieve, either through constant posting on the forum or through the market place. If you lower the price of items you in turn decrease the value.
Maverick wrote:With that little LGG in circulation aren't the items in the chao shop a little over priced?
They will be lowered, but no telling how much. Maybe not at all. But anyone who buys them now will get a special collector-esque quality that can't be received in the future. Ultimately, the prices are high to encourage people to sell valuable things in the Marketplace for LGG instead of USD/GG/etc. At the same time, it deflates the market and keeps value up by decreasing the amount in circulation.
But prices aren't set in stone. Anyone who pays more than others will be rewarded somehow.
Defy wrote:It's the exact opposite. Chao items are special incentives for users to achieve, either through constant posting on the forum or through the market place. If you lower the price of items you in turn decrease the value.
Agreed but when there so little lgg there's almost no way to get 2,000 or above just by posting or selling since other users aren't active enough to buy much with lgg.
GAMEchief wrote:They will be lowered, but no telling how much. Anyone who buys them now will get a special collector-esque quality that can't be received in the future.
That's a great idea.
That's why most are just 1k. The 2k+ are extremely rare items that should be kept rare. IIRC, only the two angelic items are that high.
Also, you replied before I finished my edit.
Also, you replied before I finished my edit.
GAMEchief wrote:That's why most are just 1k. The 2k+ are extremely rare items that should be kept rare. IIRC, only the two angelic items are that high.
Also, you replied before I finished my edit.
lol sorry i think we need more ways to get lgg. Posting and selling don't get you that far. I've been pretty active the last few days, and have little to no LGG.
>few days
None of the items should be achieved after just a few days of posting. You'd have every item in like a week.
None of the items should be achieved after just a few days of posting. You'd have every item in like a week.