User:Crazyc92/IC2mix

This page is for determining currency value in minecraft. This takes EMC into consideration, since iron is used to make IC2 credits, and most items are determined by EMC anyway.

'This is the newest and best version made so far. (Mixes IC2 and power converters in 1 place only.)'

Reasons to use
An advantage this system has over a bartering system is the resolution to the issue of difference between relative value and direct value. EMC gives everything a direct value, but if player X has 20 diamond, but no ice, X may pay a diamond for an ice block or two. This is possibly acceptable, but by direct value, X just got a really bad deal. Since money has a direct value and a relative value all in one, this sort of bad exchange can be prevented.

Another advantage is this systems use of the base 8 rule (8x8=64, 8 is a basic unit common in MineCraft).

Currency
So what can be used as currency?

Currency should not be directly EE compatible, since that will result in an EE ruled server, which is fine but makes everything be currency (a few hundred blocks and their values instead of these 7 monetary units). It is best to have standard values: you want money, sell; want items, buy.

''This list is an IC2 items based currency system. EMC scores for everything is based on iron and diamond EMC values.''

1  Scrap  = ~8emc, useful for small trades.

1 Credit = 64emc(by iron) or 8 scrap, so 1 stack of common blocks can be had easily with this in mind.

1  Compressed Coal ball  = ~1024emc(1/8 diamond) or 16 credits

1  Coal Chunk  = ~8192emc(worth 1 diamond) or 8 Compressed Coal ball or 2 stacks credits(128 credits)

1 HV Engine Generator = ~65,536emc or 8 Coal chunks From this point on, these items are not EE compareable. Difficult to obtain, and thus expensive. The shown values are taking this into account, working based on the base 8 rule that applies to most things in minecraft (8x8=64).: 1  Iridium ore  = ~524,288emc or 8 UU matter
 * (The actual EMC estimate runs at 66,432 emc, but the rule of 8 works better at 65,536. This also discourages players from making the currency themselves, thus keeping the system intact.)

1 Iridium plate = ~2097152emc or 4 Iridium ore

Buying
Trade-O-Mats are great for this sort of system, acting as vending machines.

If using this with described monetary system, then any price can be asked, but emc will play an important role for standardizing the whole thing.