Hypothetically speaking if Kixeye were to revalue the coin, say from 1 = 30 minutes to 1 = hour, would you be more willing to start coining/increase the amount you already coin? Never mind if they will or won't I am just curious to see what the communities opinion is.
Value of the coin 213 votes
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It would depend on if they increased the amount you pay for said coin or increased repair as a result. Here in Australia the exchange rate from Aussie dollar to US dollar has made it more expensive to coin. 575 coin 2 1/2 years ago used to cost $49 dollars now it cost around $65 for the same amount. $1.00 Australian is now worth 67c US.
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$4.80 for 24 hours is beyond inane and greedy.
I have always said if it was $1 for 24 hours I would buy everything immediately.
The same as a ton of guys I asked have said also.
After their treatment of their paying customers all these years, I wouldn't go back to coining until it's 50 cents a day,
which with their cluelessness it will never be.
So at this point I guess I'll be spending a lot more time in my shops, and watching star trek reruns!!!!
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They would have to keep repair/build times the same but make it so you get 250 coins for $1 before I spend any more money on this game.
Anyway, no coining means much less worry, investment, care, obsession, etc., but not as fun because of a lack of the those feelings. I still want to "be there" for the end of it, but I just don't see the point in throwing money down the drain anymore. I know how to spend it better at this point. At this point money is better spent anywhere than on an out of control money grab. We are the bankers. Always remember that. When the panic happens, you won't want to have spent a lot of money on that last raid. You'll feel the fool.
I think perhaps the one thing I would like is being in a sector that lived in the old times, playing only with a limited hull selection. Possibly nothing that costs Z for retros. Sure, the sector could be pounded and picked on. But, I have no turrets, no ship defense and get attacked all the time. Often by dock gets hit, but then that's a night to do something else. Often, people just hit my base for only the AP and scoot. So what? There's no more money invested.
I'm sure Horbin will pull the plug instead of selling it, because I think he would get a bigger kick out that instead of a modest amount of money for a dead game which he made so much off of already.
And its 78 cents to the US dollar as i type..not 67 cents. Where you complaining when the aussie dollar was worth more than the US last year? I think not.
http://www.tradingeconomics.com/australia/wages.
And your gold analogy is wrong.
For centuries, the currencies of the world were backed by gold. That is, a piece of paper currency issued by any world government represented a real amount of gold held in a vault by that government. In the 1930s, the U.S. set the value of the dollar at a single, unchanging level: 1 ounce of gold was worth $35. After World War II, other countries based the value of their currencies on the U.S. dollar. Since everyone knew how much gold a U.S. dollar was worth, then the value of any other currency against the dollar could be based on its value in gold. A currency worth twice as much gold as a U.S dollar was, therefore, also worth two U.S. dollars.
Unfortunately, the real world of economics outpaced this system. The U.S. dollar suffered from inflation (its value relative to the goods it could purchase decreased), while other currencies became more valuable and more stable. Eventually, the U.S. could no longer pretend that the dollar was worth as much as it had been, so the value was officially reduced so that 1 ounce of gold was now worth $70. The dollar's value was cut in half.
Finally, in 1971, the U.S. took away the gold standard altogether. This meant that the dollar no longer represented an actual amount of a precious substance -- market forces alone determined its value. (pasted from http://money.howstuffworks.com/exchange-rate2.htm)
We need repair-hours to get lowered.
We need build-hours to get lowered.
But we do not need to increase the gap between coiner/non-coiners it's big enough as is.