The Nominal Price Formula (a way to base pts on calculation)

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TeckXKnight
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Re: The Nominal Price Formula (let's put the end to pts)

Post by TeckXKnight »

MagicManICT wrote:It's not a bad idea, but without tools to track and measure various values, it's a pointless exercise.
This sounds like a brilliant, well thought out social construct but the society is not willing. If you can pitch your idea to larger traders and villagers and devise a quick point calculator where you can just plug in numbers then that'd go down a lot smoother.
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fanit937
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Re: The Nominal Price Formula (let's put the end to pts)

Post by fanit937 »

MagicManICT wrote:people value things at different prices
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provincialist
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Re: The Nominal Price Formula (let's put the end to pts)

Post by provincialist »

I hate you, people :D
Once again: i don't suggest everybody to use coins, it's a formula to determine value of things comparatively each other in numerical expression, so you can meashure, how many q20 honeybuns one q90 cake worths and damn pts were justified somehow. The thing about coins there is just to find out, wich item costs 1 and can be easily used to pay in addition when cost of goods is a bit lower than you need. Gold and silver coins are mentioned to illustrate that common ratio in not violated in calculation.
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i changed topic name a bit, maybe it was a thing that gave wrong ideas..
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MagicManICT
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Re: The Nominal Price Formula (a way to base pts on calculat

Post by MagicManICT »

Without coins, you're just dealing in points. You're just using math to try to come up with an ideal value, and whether you trade in barter, credit, or coinage, it's still all just points. ;)

edit: Remember that large markets have small spreads due to volume and statistical averaging.
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provincialist
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Joined: Fri Apr 23, 2010 1:07 pm

Re: The Nominal Price Formula (a way to base pts on calculat

Post by provincialist »

MagicManICT wrote:Without coins, you're just dealing in points. You're just using math to try to come up with an ideal value, and whether you trade in barter, credit, or coinage, it's still all just points. ;)

edit: Remember that large markets have small spreads due to volume and statistical averaging.
yes, right! :) the idea was not to get rid of points and forbid them for all times, the idea was stop making them out from nothing and just because. it just a luck that 1pts = 1 steel coin.. but it is q15, so it's not so smooth unfortunatly. but still using this formula made my barter deals much easier, i don't have too think about how can i determine, if it was fair or i was fooled and dig the forum for similar deals, and so i wanted to share it.

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