without tax this would be 22wls profit
before they changed provision i would have got taxed 1190 byte which is 5wls tax equaling 17wls profit
now you get taxed 2060 byte coins making 9wls tax equaling 13 wls profit
this makes me sad because pwe was one of the bet ways to profit for me
if order the hair right now for 15000 byte which won’t even be that easy to fulfill i will only make a measly 2wls profit or if order the hair for 15500 byte coins a whole 11wls cheaper i will actually lose profit
jake wants byte coins to be the main currency in pw but adding more taxes will only drive me away from byte coins
dear develpors please change the tax back to the way it was…
I assume they increased the provision because of Byte Coins being more and more accepted as the main currency by players.
Especially with the recent blind auction of LOVE, a lot of World Locks were converted into Byte Coins, thus increasing the amount of Byte Coins in circulation (which is also why I think the “getting Byte Coins out of circulation” with the auctions doesn’t really work if many Byte Coins were created for the sole purpose of the auction).
To counter the possible inflation caused by that, higher PWE provisions could be an effective countermeasure.
However, the value of Byte Coins wasn’t going down, it instead still went up even though there were a lot of new Byte Coins generated. This is why I think the provision increase was very poorly timed. Instead of increasing the provisions right now while the Byte Coins are already increasing in value on their own (which can actually be a bad thing), they should have waited until Byte Coins noticeable decrease in value, to then stop heavy inflation.
I hope the provision increase is revoked as soon as possible, so it can be used at a later time when the situation actually requires it.
Yeah a really would like them to change the provision also a guy in my clan says if you have vip you only get 5 percent provision but I’m not sure if that true
I have VIP at the moment and can confirm that there is a small VIP Ticket icon that shows up besides the provision field, so there definetly is a lower provision for Players with VIP. I do not know if it’s 5%, but it would make sense.
I highly oppose the idea of taking less provision from VIP Players, since it clearly gives an unfair advantage to VIP Players and in some cases allows PWE Trading as only viable if you have VIP (if a trade would only be profitable with 5% provision).
I don’t necessarily agree, you could already say that the VIP daily bonus is much more of an “unfair advantage” in a sense (depends on the month, I suppose) but this just helps reduce the inflation and adds yet another reason to buy VIP. I don’t even have an active VIP subscription at the moment and I think it’s a positive change, but I suppose it depends on your PoV.
Yes that get’s Byte Coins out of circulation, but as I mentioned, those Byte Coins only came into existence because of the Blind Auction (since players exchanged many World Locks for Byte Coins at the Vendor), so rather than getting Byte Coins out of circulation, I strongly believe that the auction was the reason for the creation of more Byte Coins than it removed.
