User:Crazyc92/IC2Currency

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.

Reasons to use Edit
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).

CurrencyEdit
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 are based loosely on iron EMC values. Copper wires are generally not included in EMC score, as are parts for Solar panels.''

''This specific model makes trade extremely fair, but puts a large disadvantage on the mint, as it is far cheaper to trade upwards for higher solar panels than it is to make it. Also, this system discourages the production of solar panels by players, this encourages trade towards panels for EU instead of players finding ways to make their own EU, which defeats some of the purpose of IC2. Not much, though.''

''None of these issues are of major consequence, however. The benefits of this system far outweigh any issues.''

- Using duplicators in th mint is strongly recommended.

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  Range Upgrade  = ~512emc or 8 credits

1  Solar Panel  = ~4,096emc or 8 range upgrades or 64 credits

1  LV Solar Panel  = ~32,768emc or 8 solar panels

1 M  V  Solar Panel  = ~262,144emc or 8 LV solar panels

1 H  V  Solar Panel  = ~2,097,152emc or 8 MV solar panels

BuyingEdit
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.

This puts Gem armor(324,726,982emc) at ~155 iridium plates (154 Iridium plates + 3 Iridium ores + 2 UU +7 coal chunks + 4 Compressed coal balls + 3 credits + 6emc)

Sources: This wiki and my head, Crazyc92 (talk) 12:12, September 28, 2012 (UTC)