economy

Good Morning Folks! I am going to warn you that this post is going to get a little bit into the weeds on Path of Exile and the trade economy. One of the hallmarks of the last two leagues is how much I have interacted with Trade. The YouTuber/Streamer Jorgen set me down the path of Delve because as he puts it “Delve Provides” and it most certainly does when it comes to a good number of things that can be sold for reasonable value. Items have value in Path of Exile if they are either scarce, come from a particular source, or are a combination of the two. Delve is not what you would call well-loved by the majority of the player base. Mapping is by far the most popular method of play because folks like blasting through maps and seeing explosions of loot. Comparatively, Delve tends to be a bit more slow and methodical.

Delve sees you focus on plotting a course across the underground map looking for high-value nodes. For example in this screenshot above there are six Abyssal City nodes, 2 Fossil nodes, and 1 Fire node which are all things I would seek out specifically. Abyssal City nodes have a number of chests inside that all reward a bunch of useful things and can provide dozens of maps for example on a single node. Fossil nodes have a chance of spawning rare and expensive nodes like the Glyphic Fossil that goes for around 130 Chaos each. Fire nodes and more specifically all elemental nodes have a chance of dropping items that can only be found in delve like curse on hit rings and specific damage conversion items. Delve is really good at producing items that when sold add up to lots of Chaos, but not terribly great at producing raw Divine Orbs.

Traditionally I have avoided currency conversion because it is tedious. Last league for example I wound up with roughly 12,000 Chaos Orbs or the equivalent of over 52 Divine Orbs that just sat there taking up space in my bank. Generally speaking the method for converting currency is to use the Bulk Trade tool on the official Path of Exile website. In truth, it is pretty straight forward. On one side you outline the bulk currency that you are looking for, and on the other side, you fill in which currency you want to pay in. Then the trade site returns you a group of listings of folks willing to accept your currency for the currency you need and what sort of exchange rate they are willing to trade at.

Here is an example listing when I searched for Divine Orbs for Chaos Orbs. The first listing is very clearly someone who does not understand the trade syntax because no one is trying to give you 237 Divine Orbs for a Single Chaos. The second listing looks like someone trying to bring down the cost of Divines and as a result is very unlikely to respond. From 225 Chaos to a Divine down… those are probably legitimate posts. The reality however is that in order for me to actually find a seller, I would likely have to go through the entire page sending a tell… waiting for a response… and then moving to the next person. This is the sad reality of buying items in bulk because quite honestly… being able to handle a bulk trade is tedious. You need to empty out your inventory of items and then prepare to accept the trade. Given how little luck I have had buying Divines, I just generally left my Chaos in the raw form and begged people to accept Chaos instead of Divines when I needed to buy something.

I’ve credited Jorgen for really stoking my interest in Delve. It was a game mode that I enjoyed, but I never really viewed it as a reliable source of currency generation until watching a few of his videos. His slogan is “Delve Provides” but in reality, my slogan should probably be “Jorgen Provides”. About a week ago he released this video talking about how he exchanges Chaos for Divines and it is fairly brilliant. Sadly to do it efficiently you really need a second currency tab. Last weekend thanks to the predictable cadence of Path of Exile sales saw another Stash Tab weekend, and I picked up a second currency tab almost exclusively for the purpose of selling bulk currency. Since then I have made several bulk trades and it has really changed the game for me on how I view the trade economy.

Essentially the logic is that you want to be the seller as often as humanly possible, and very rarely the buyer. Buying gear is relatively straightforward, and you have fairly good luck with that. Buying currency in bulk is a miserable mess. You could of course lean on something like The Forbidden Trove, but that is a bridge I have not really been willing to cross yet. Per Jorgen, I started listing 1880 Chaos Orbs for 5 Divine Orbs, and it is shocking just how fast I get pinged by someone looking to buy Chaos for Divines. There is a certain push and pull of the economy between folks who hold currency in Divines and folks who hold currency in Chaos Orbs. My preferred game mode of choice produces lots of raw Chaos, and I need Divines just to make larger trades a bit more simplistic. Being able to sell Chaos in bulk means I have a very simple way of doing the swap without needing to rely on spam messaging a dozen folks to find a single nibble.

Once I knew this was a thing, I noticed that there is a heck of a lot of players out there trying to take this stance. If you search on the bulk trade side for 1 Divine Orb, without any selection on your input currency you end up with a wealth of random bulk items that folks are looking to acquire. So now that I have a spare currency stash tab, that opens things up like if I know I need to buy something in bulk I can throw a Divine in that tab and price it out in the currency I am looking to receive. So for example if I want Orbs of Fusing to six link something the going rate for that seems to be around 1220 fusing to 1 Divine Orb. The challenge with this however is that you can only hold a total of 1200 fusing in your inventory. This means you need to be VERY careful about trades that require you to produce more than a single inventory because it is essentially on the honor system for them to trade you the rest of your goods. It is far safer just to expect that you are going to lose a little bit of currency in the transaction.

I’ve been using that second currency tab to facilitate a bunch of sales lately. I’ve sold off bulk Awakened Sextants, Silver Coins for the league content, and even started selling my Stacked Decks. More importantly, any time I hit around 3000 Chaos Orbs, I sell off another 1880 for 5 Divines meaning that I am never really at risk of either running out of Chaos for small trades or flooding my stash tab with bulk Chaos. In theory, I am sure there is someone out there doing the other side of this trade for Mirror Shards and eventually Mirrors to keep condensing down their currency into larger and larger “denominations”. I’ve made and spent more Divine Orbs in this league than I have in the past, and I really wish I had been using some sort of tool to track this more closely. For example, the above screenshot is from a website called POEStack which can be used to track your currency tabs. I think going forward and for new leagues, I might utilize this a bit earlier so I can get some proper statistics for the league as a whole.

I know however that I am leaving a lot of currency on the table because while I am a member of The Forbidden Trove, I’ve never actually used it for any trades. I’ve been here for a couple of leagues now because I wanted to see how that side of the community lives. Essentially if you can’t sell it easily through the trade site, there is a channel devoted to it. For example, if you want to liquidate a bunch of Heist contracts in bulk… they got you covered. If you want one of the rare hideouts that can only be found every so often in specific maps… there is a channel for folks selling access to their party so that you can pop in and discover the hideout. If you need Betrayal in a very specific state so that you can do one of the rare crafts, there are folks selling those as well. All of it is above board, and governed by a reputation system… but has just been too much for me to wrap my head around. However, I can see myself sliding into that community as I continue to dive deeper and deeper into the trade economy.

Path of Exile really is the EVE Online of ARPGs… where the further you dive into it the deeper the well keeps getting. While I have no real interest in playing EVE, I have always appreciated when my friend Wilhelm talks about that community. I am hoping someone out there feels the same way about my Path of Exile nonsense, because otherwise… I am deeply sorry I keep filling your RSS reader with this nonsense. It interests me greatly and as such… I hate to say that it is probably only going to get worse from here. The post Flipping the Trade appeared first on Tales of the Aggronaut.