Good afternoon, this could potentially be a very unpopular post but nonetheless I am going to spend time today explaining why I believe Bitcoin pricing cannot be set off of real world prices and must instead be fixed to a set price and never change.
For those living under a rock, Bitcoin is a real world crypto currency with a finite number in circulation. It is seemingly recession and depression proof as it is linked to no real world currency as a reserve and is instead valued by a combination of speculation, it’s acceptance as a usable currency by vendors ( recently Tesla). Real world Bitcoin is farmed through mining operations similarly to the way they are seen in the game. Huge graphics cart setups requiring large amounts of cooling. They produce Bitcoin through verifying chain transactions and are essentially paid for the processing power they provide. I’m sure it’s more complicated than that, but for a caveman, I think I explained it alright. The key take away from this is that there is a LIMITED NUMBER of bitcoins in circulation.
As this pertains to tarkov. At the current moment, the price therapist purchases bitcoins is adapting based off real world prices, where there is a limited amount in circulation, but in tarkov there is an UNLIMITED number of bitcoins in circulation. This is resulting in unlimited wealth generation by the Tarkov population.
Why is this a problem? It’s causing hyper inflation. 60 round mags M4 mags are up to $70k on the free market. AESAs are one of the most expensive items in the game. Fuel is up to $600,000 per large can. In my mind BSG caused the fuel shortage to create a money sink and solar requirements to balance the inflating REAL WORLD Bitcoin prices. Insurance prices also raised. Graphics cards are through the roof, more than ever they cost more than a LEDX.
but dude I’m making cash stop screwing us over
You think you are but you’re not, the value of your rouble is devaluing and the cost of anything purchased off the market is flying through the roof. Vendors are always sold out of shit because those prices are fixed.
This is really like babies first day economics 101 shit. Currently part of the market is price fixed, while the other half of the market is not, and now both sides are all fucked up and off balance.
The solution to this is unfortunately not a popular one. Fix Bitcoin prices back to pre wipe levels, probably somewhere around $130-150k would be best. This will cause a huge market bubble to burst prices stabilize and everything carries on after people bitch about how they spent $60 million roubles to level up their Bitcoin farm.
what if things aren’t changed Inflating prices are just gonna keep running away, and if the wipe is 6+ months away, the market is gonna be so fucked in pricing by then you won’t need a prewipe event because you’ll already be paying $1 million for a sure fire 60 rounder. The benefit of this is BSG can stop doing these bandaids on a sinking bot approach where they slowly raise prices everywhere, to penalize Bitcoin farmers.
In reality, a lot of players don’t have Bitcoin farms, so they log on and try to buy some good ammo but it’s sold out from the traders. This is because people are poaching trader ammo because the inflating flea market pricing. On the flip side, they can’t afford to buy m855A1 or 7.62x39 BP because the prices are running away. But how much does this affect you as a Bitcoin farmer? Probably not much.
In conclusion:
I think fixing Bitcoin prices to the real world price is a cool idea in practice, but without compensating for the limited real world circulation numbers it’s poor implementation as it sits in the game right now. I don’t know if it’s able to be fixed at this point without a wipe. If anyone actually read this whole thing, let me know what you think.
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