Economic Misconception

[-:Undertaker:-]

You just don't get it, do you?

At what point are there 'too many' Club Sofas? There are never too many because new rares are always being released to be traded for Club Sofas. Maybe if they stopped releasing Catolouge Rares, then your theory would be logical, but as it stands, there are just more and more rares being released to keep Club Sofas from diluting the market.

Oh, and by the way, a stop on the release of Catolouge Rares would not cause a guaranteed Club Sofa obseletion; just perhaps give it a chance of occurance. The only sure fire way to cause the Club Sofa to become obselete is to stop giving it out as the first month of Habbo Club furniture.

Just because you're a RVR doesn't mean you have a grasp on economics. All it says is you can pick up on what things are being traded before; so don't flatter yourself, it's not becoming.

Stop acting as if your Einstein with your long boring paragraphs, HC's will drop as there are more released onto the hotel, As for you saying I know everything because im a Rvr means nothing, Im someone on the Internet and SO ARE YOU, And Kardan is right about the Parasols.

[dark-as-death]

Stop acting as if your Einstein with your long boring paragraphs, HC's will drop as there are more released onto the hotel, As for you saying I know everything because im a Rvr means nothing, Im someone on the Internet and SO ARE YOU, And Kardan is right about the Parasols.

This has been settled now so please stop arguing

Dark.

[BL!NKEY]

about the paras... It is true that people usually will want to have rares that are less common because they are rarer.

But some rares that there are many of can be more desired because they have some thing about them. Take thrones for example. The green pillow was rising up high against the throne because everyone knew that there are only 800 or so green pillows and thousands of thrones. But in the end thrones prevailed because the idea of a throne is better then the desire for a green pillow.

The throne and HC sofa are considered the basic unit of trading. Everyone wants pure hcs or thrones because they can trade them to most people for otehr furni that they want.

When you say Hcs will drop do you mean all other rares will go to like 1.5 or do you mean the Hc will be worth 30rd on the normal scale. When the throne dropped the people with many supers didn't frantic because they dont care about how many hcs a throne is. They just trade for thrones and other supers. It doesnt matter to them. If you think the Hc will drop to 30 rds then do you think all other rares will stay proportional to it and say the mocha will be at 15 rds?

Uhh this post might be kind of confusing because I have typing dyariea but Maybe it will make some sence.

[visa.]

Alright. Here we have too many people who don't know what they are talking about trying to prove points.

To the Parasol statement; there is something to be said for desirability. Both Orange Parasols and Green Pillows fall in the same boat. People know there are less of them and purposely sell them for more.

However, on the same point, why are Thrones worth so much when there are far more Thrones than say, White Oriental Screens. It's because they came in to power as the basic unit for Super Rare Trading. Like BL!NKEY said, Super Rare Traders never need to be concerned about the Thrones value in Club Sofas as that doesn't matter.

The 'there more of a rare there are the less it is worth' is a lie.

Bronze Elephants and Green Bird Baths are worth more than Hammoks yet Hammoks sold less than both of these rares. There are over 50000 Thrones on the UK Hotel yet they retain a constant value of 15 HCs and above.

You can reconfigure the situation all you want but the logic doesn't balance out in the end. Undertaker; quit while you're ahead. You only make yourself look like a fool.

[FlyingJesus]

Visa darling, you did actually lose on one quite major point. You concede that changes in popularity/number of Club Sofas will make other furni values rise - this in effect makes the Club Sofa worth less than previously. Whilst it remains the constant trading currency, even now you need more Club Sofas to "buy" a decent room of rares than previously.

A Club Sofa will always cost 1HC (obviously), but if other items cost much more (as happened quite recently, a lot of furniture increased in price rapidly (has now fallen again)) then one Club Sofa will not be such a worry. It's just like inflation in the real world, if you need more of a currency to get something, that currency is actually worth less than before, no matter what the face value of it says.

I agree with you however about the "too many" idea, and how there can never be too many of them. If they stopped being released, their value would actually increase (that is, the values of other rares would drop), which would drastically change the entire trading economy. However, it's not likely to happen, so we stay with the constant: 1 HC = 1 HC

Take inflation into mind next time you try arguing economics. Your college course has failed you.

[-:Undertaker:-]

Alright. Here we have too many people who don't know what they are talking about trying to prove points.

To the Parasol statement; there is something to be said for desirability. Both Orange Parasols and Green Pillows fall in the same boat. People know there are less of them and purposely sell them for more.

However, on the same point, why are Thrones worth so much when there are far more Thrones than say, White Oriental Screens. It's because they came in to power as the basic unit for Super Rare Trading. Like BL!NKEY said, Super Rare Traders never need to be concerned about the Thrones value in Club Sofas as that doesn't matter.

The 'there more of a rare there are the less it is worth' is a lie.

Bronze Elephants and Green Bird Baths are worth more than Hammoks yet Hammoks sold less than both of these rares. There are over 50000 Thrones on the UK Hotel yet they retain a constant value of 15 HCs and above.

You can reconfigure the situation all you want but the logic doesn't balance out in the end. Undertaker; quit while you're ahead. You only make yourself look like a fool.

You should quit ahead before people start thinking your a Nerd, Hcs will one day fall in value because there will be too many, BUT Hcs will stay at 1HC.


EG:

White Screen: 70 Creds in the future.
HC Sofa: 35 Creds in the future.

So people will say 2 Hcs for my White screen.

[BL!NKEY]

You should quit ahead before people start thinking your a Nerd, Hcs will one day fall in value because there will be too many, BUT Hcs will stay at 1HC.


EG:

White Screen: 70 Creds in the future.
HC Sofa: 35 Creds in the future.

So people will say 2 Hcs for my White screen.

Ok that gives a little more information abuot what you mean by Hc falling.

If the Hc sofa goes to 35 rds will the mocha and other HC Presenst rares fall proportional so the mocha will be at say 17 rds.

Or will just the HC sofa fall to 35 rds and the mocha will say stay at 35 rds.

Because just as the Throne is wanted by all normal rare traders because it is the step into super rare trading, The HC sofa is wanted by normal traders because it is the step into rare trading. If a normal person with a bunch of plasto and bookshelfs and random furni can trade 35 rds worth of random furni for a HC then the normal traders will be happy to trade up to the rare trading group.

With this happening I dont think the HC sofa can stay at 35 rds.

There will always be normal traders that want to have that HC sofa that represents rare trading.

They will keep trading for it even though its so common.

These are all predictions because no one knows what will actually happen to the values in the future. We know that alot of traders dont think for themselfs and just trade away their furni if it goes down a little and buy furni if it goes up a little.

[visa.]

Visa darling, you did actually lose on one quite major point. You concede that changes in popularity/number of Club Sofas will make other furni values rise - this in effect makes the Club Sofa worth less than previously. Whilst it remains the constant trading currency, even now you need more Club Sofas to "buy" a decent room of rares than previously.

A Club Sofa will always cost 1HC (obviously), but if other items cost much more (as happened quite recently, a lot of furniture increased in price rapidly (has now fallen again)) then one Club Sofa will not be such a worry. It's just like inflation in the real world, if you need more of a currency to get something, that currency is actually worth less than before, no matter what the face value of it says.

I agree with you however about the "too many" idea, and how there can never be too many of them. If they stopped being released, their value would actually increase (that is, the values of other rares would drop), which would drastically change the entire trading economy. However, it's not likely to happen, so we stay with the constant: 1 HC = 1 HC

Take inflation into mind next time you try arguing economics. Your college course has failed you.

FlyingJesus I have gone over that point numerous times. Learn to read.

And don't patronize me because, quite frankly, you're in no position to do so.

I have a better grasp on economics than you ever will. Why don't you do what it's obvious you're trying to; all you need is a ruler, if you know what I mean.

[Kardan]

Why are Thrones worth more then O paras? Because the throne has never been in the catalogue :rolleyes:

And remember when the Throne WASN'T the official trading currency, in October 2005, it was HCs. The same can happen with HCs...

And about visa's above post. Calm down, it's pixels.

[-:Undertaker:-]

FlyingJesus I have gone over that point numerous times. Learn to read.

And don't patronize me because, quite frankly, you're in no position to do so.

I have a better grasp on economics than you ever will. Why don't you do what it's obvious you're trying to; all you need is a ruler, if you know what I mean.

WHAT are you on about, You Have Better Grasp on Habbo Ecomonices? :rolleyes: , Dont you think that is sad that you act all clever on a HabboForum pretending you know all about Habbo?

And FlyingJesus is in a postition to patronize you because he's proved you wrong !