Why not just completely leave the economy alone and let the players fix things between themselves :3 All attempts to "fix the economy" are known as "failures".
~ @K9_Caper
Yeah, because all 3 attempts to "fix" it have been done to because of threads like this! They "fix" it just like putting a band-aid on a gunshot wound. In this case nerfed iron farms (or nerfing anything) is just a band-aid instead of fixing the root of the problem! And NO players can't fix this it is a game mechanic that has LIMITLESS supplies on and virtually NO DEMAND.
-1. Iron farms are already nerfed. If you see a farm with a 2600+ per hour output you won't even get close. plus with iron being 10 each even if you could it wouldn't make a big impact on the economy
~ @builderjunkie012
Yes Iron Farms as well as many other are nerfed, but its it also because of multiplayer mechanics that make that 2600+ goal not really obtainable. that 2600+ is in single player mode with a set of very favorable conditions. Multiplayer just does not have that, the most i Ever got was 1800 and hour (before the nerfs started).
Why do you think that iron is 10 each? With it being so cheap, that would mean that there is too much of it, correct? Wouldn't the best course of action be to remove some of it?
~ @Dwizzle4269
Its 10 each because that is what the ADMINS decided what it should be worth, nothing else. Of course there is too much of it, there is TOO MUCH of EVERYTHING, because the economy sinks and faucets are not setup correctly in the game. The only way to REMOVE iron or ANYTHING for that matter is a ADMIN shop that pays people for it and if you make something .01 like Iron currently is NO ONE is going to sell it for that so it will NEVER get removed, unless the prices are set at a reasonable price!
Haven't you already made enough? *Only* 200 iron an hour?? Even at a measly $10 each, that works out to be *only* 48k a day, or 1.44 million per month on a single farm. Ok, if we're not going to put a stop to this, I might as well get in on the action. Let's see....If I build 10 farms...at 200 iron per hour each....selling for $10 an ingot... I will be the richest man on Meep, in less than a year. See the problem?
~ @Dwizzle4269
UUUMMMMM NO! You would not be the richest because everyone else would do the EXACT SAME as you... Except for me of course cause i would build 100 farms! And besides all that you building 10 farms is highly UNLIKELY unless you have 10 alts to stand AFK all day and even at that point you would get kicked ever few hours so you would NEVER get a full day of AFKing at your farm, thus reducing your overall productivity, to pretty much nothing worth your while to even attempt something like that!
No its not. It isn't faster to mine it yet. The whole reason it had value of 70+ was because it was mineable and no one farmed it. Everyone could sell at a higher price. Civilians could make money because they could sell the resource they found the most of in the wild, Iron.
~ @epick8
I agree it still is NOT faster to mine it yet! And NO that was not the reason that it use to be 70+ each! I was making 1800+ iron ingots and hour when it was that price and i know many that had iron farms as well (of course none even close to mine) and still it stayed at 70, and slowly went down to like 50 after a few months. Furthermore, the ONLY THING that made the iron prices GO DOWN was the ADMINs changing the prices lower so EVERYONE would purposely make LESS MONEY!
I see a bunch of civilians in shout trying to sell iron and iron products and no one buys because farms have made it worthless. all people without an Iron farm get hurt from their existence and those that do have them don't sell it, they just sit on the massive pile of ingots, keeping the price down at 10 and possibly driving it down even further at one point. Having iron farms have a huge impact on the economy.
~ @epick8
Again NOT TRUE! Farms don't make it worthless, the admins changing the prices make it worthless! Though i do agree with farm make it EASY to get material they DO NOT make the price go down!
I know nothing about the economy money things but couldn't they reduce it by a very small amount every month or something then when the price has risen to an excepted amount then stop reducing it?
~ @QualityLeader
Even if the farms were removed and such the price would NEVER rise cause the supply out paces the demand! However, the prices would probally stay at whatever the admins set them cause they would fell that "EASY" money would not be made from farms. BUT if that is true that is the whole "band-aid" on the gunshot wound problem! By doing that they would have 'fixed' nothing, and again remove another thing from the game that makes minecraft "minecraft"!