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The wealth curve of MineRealm
Posted: Sun Nov 18, 2012 12:28 pm
by dlgn
After many intellectual discussions of what "poor", "middle-class", and "rich" mean on MineRealm, I decided to make this poll to determine the curve. The only definition I've heard is the following:
1-999,999rc: middle class.
1,000,000rc-∞: rich (a.k.a. JackDeCker).
I've enabled vote changing so this can determine the enviroment of MineRealm at any given time, should I bump it. Vote!
~dlgn
Re: The wealth curve of MineRealm
Posted: Sun Nov 18, 2012 12:35 pm
by Prodigy9
Are you only looking at the values returned with /credits, or should we also assign credit values to realms / rare items?
Re: The wealth curve of MineRealm
Posted: Sun Nov 18, 2012 12:37 pm
by dlgn
Prodigy9 wrote:Are you only looking at the values returned with /credits, or should we also assign credit values to realms / rare items?
That's an interesting question. I'd say to only calculate credits for now, unless someone can come up with a way to price valuables and realms, which is difficult, due to MineRealm's unstable market.
~dlgn
Re: The wealth curve of MineRealm
Posted: Sun Nov 18, 2012 12:40 pm
by OneManWo1fPac
My wealth circle.
2k for 3 weeks
Hardcore labor getting me to 50k
Buying 40 ads and overpaying for stuff
Back to 2k
And repeat
Re: The wealth curve of MineRealm
Posted: Sun Nov 18, 2012 12:47 pm
by mr. roach
I was thinking more like 500k and up was wealthy, but also there are other things besides credits that determine wealth (you probably know that already) so credit wealth could be a whole seperate deal.
Re: The wealth curve of MineRealm
Posted: Sun Nov 18, 2012 12:51 pm
by Prodigy9
dlgn wrote:Prodigy9 wrote:Are you only looking at the values returned with /credits, or should we also assign credit values to realms / rare items?
That's an interesting question. I'd say to only calculate credits for now, unless someone can come up with a way to price valuables and realms, which is difficult, due to MineRealm's unstable market.
~dlgn
I would suggest assigning a value of 9,000 credits to each realm, regardless of location. Although the values of individual realms (especially those near spawn) can fluctuate, 9,000 is a good minimum for realm value, since that's what the server pays for sold or disbanded realms. Items are quite a bit more difficult to describe... diamonds could probably be estimated at 100cr/diamond, though that's perhaps a bit low. Other items are certainly valuable, but could be much more difficult to price, because they're traded relatively rarely (in the case of many blocks) or because there are so many similar items (in the case of high-level enchants)
On an unrelated note, the scale in the poll options seems a bit odd. I'd suggest changing it to even increments (e.g. <25k; 25-50k; 50k-75k; 75k-100k...) up to some certain maximum, or alternatively a somewhat logarithmic scale (e.g. <1K; 1k-5k; 5k-10k; 10k-50k; 50k-100k; 100k-500k; 500k-1M; >1M).
Re: The wealth curve of MineRealm
Posted: Sun Nov 18, 2012 12:51 pm
by JonColmanator
I'll put in land value as well, seeing as I like to invest my credits on land.
That being said, you now have my vote.
Re: The wealth curve of MineRealm
Posted: Sun Nov 18, 2012 12:54 pm
by FDX
All I do is mine. I earn credits, find stuff and sell. There. My minerealm life in a sentence. XD
Re: The wealth curve of MineRealm
Posted: Sun Nov 18, 2012 12:55 pm
by OneManWo1fPac
Overall credits: 3,477
Overall realm values: 170k
Overall items value (excluding diamonds) 110k ish
Overall diamond armour/diamonds/ diamond enchants:190-200k
Re: The wealth curve of MineRealm
Posted: Sun Nov 18, 2012 12:56 pm
by Supah_Dupah_Allyupah
Speaking of wealth, did that one guy ever claim his lottery winnings from so long ago? If not, who did?