Vault Interest

August 13, 2015, 1:27 pm by

So I don't care about interest, so I've said nothing. But

Quote

Per the discussions on the forums we&;re likely going to move away from Sebastian taxing via random event and instead impose a user shop flat tax (3% or something) on all purchases,

this bothers me. As per the reasoning of removing interest ('it's not like real life where banks use your money for stuff, so interest makes no sense'), a value added tax, which is what you're suggesting, also makes no sense, because VAT is used by the government to do things for the public, when here it'd just go away. Just like the interest was just putting sP into the system for no reason, this VAT would be removing sP from the system for no reason. If one is silly and stupid, so is the other. So I'm opposed to this. It'd make everything more expensive (3% on 1million is 30k, mind you) and for what? 'There's too much sP'? Find a different way that isn't just interest except in the reverse. (I can't think of what off the top of my head, but that's what suggestion threads are for.)

August 13, 2015, 1:26 pm by

i don't really have strong feelings on the interest thing either way but i kind of wish there had been a greater description of why this was happening in the news post itself since its sort of startling when its the first time im hearing anything about this at all. having read the comments now im like "ok its fine" but i was definitely alarmed at first.

August 13, 2015, 1:23 pm by

I am really really happy with this change! Not only because I think it's silly to hand out that much free sp on a DAILY BASIS (adding up all accounts who do, I imagine it must be a lot) for simply clicking a button and only 1-2 page views, but also because I am hoping and praying that once the Morty Cards are a thing again, our Bank Morty will return again??!! tell me he returns, I miss his grumpy face ;_;

August 13, 2015, 1:21 pm by

- My point hasn't been about the amount of money the feature provides; just the fact it provides an incentive to log on, particularly for those who may not have time for other dailies (particularly quests/games, since those are pretty much the "main" dailies). I agree that for most users it's not much money, I just don't like the idea of removing the feature entirely much when a cap on the amount of money could solve the issue (introducing too much money into the economy due to particularly rich users getting hundreds of thousands of interest) without removing an incentive for logging on.

But Keith mentioned a potential system for rewarding logging on in the vein of what many mobile games these days do, and I think that works as a good alternative/replacement for that. 😊

August 13, 2015, 1:20 pm by

Count me as one who always forgets about interest. I'm definitely in favor of a daily rewards system in lieu of interest, because that's something I'd remember, and I'd be more likely to participate. I am also one who doesn't come here every day, unless there is a plot going on that I can take part in. I don't mean to make it sound like I only come for October and December...but that's pretty close to the truth. It isn't that I don't appreciate the other things that the site has to offer, and even though it sounds like it from this post of mine, I'm not all about getting something free every day. It's just that when something is going on daily, it's like the site is interacting with me, vs. me just interacting with NPCs on a site. It's a little more personal than "I'm logging in to click around for awhile".

August 13, 2015, 1:20 pm by

assholes? hello pot, meet kettle

I'm not sad to see interest go. I remembered mine maybe 50% of the time. It's very much like the pet jobs for me (who the hell remembers to do that one not me)

I'm sorry it upsets users the way it has. Sad that it brings out the ugly in them.

August 13, 2015, 1:18 pm by

Explaining this decision more thoroughly in the news post might have been smart... Anyhow, I enjoyed having interest. Did I collect it? Rarely. So I won't miss it much. Can't wait to see what will happen with the Morty cards though :)

August 13, 2015, 1:16 pm by

Whoo I'm glad I had 3 morty cards just sitting in my vault. The price inflated so quickly lol. :D

August 13, 2015, 1:13 pm by

As you say, for the vast majority of users, it is only a few K at most. So then taking it away is NBD. Most users won't even miss it. But giving a handful of the richest users on the site literally millions of "free" sP every week seems wrong. They already have enough sP/power/CSC to get what they desire and they can even flex that monetary muscle to affect market prices if they want. It seems wrong to basically "help" the richest and most powerful to have more money and power.

Although the reason they probably did it is to lower the amount of sP flowing into the economy daily. It should help keep inflation under control. Lower inflation benefits us all.

August 13, 2015, 1:10 pm by

I think there's a difference between having items that someone can save for worth billions and rewarding people for having billions which never gets spent. Maybe "We aren't incentivizing people saving up billions because that isn't behavior we really want to encourage" was a bit oversimplified.

August 13, 2015, 1:10 pm by

: True, we do have a lot of inactive users. Still, even taking that into account, I'm not sure if the percentage of those users is really high enough to warrant removing interest entirely - but admittedly I don't have access to the exact numbers, so that's just an estimate based on the available statistics and the richest user ranking.

I think a check-in system could work as a good alternative serving the same purpose as interest now, but... hm. It really depends on how that's implemented. You mentioned Gaia's system, but that one's currently a good example of a very, very broken one simply because the monetary rewards it gives are too high, the increased rewards after 7 days stick unless you forget the dailies for more than a few days, and instead of the high monetary reward being limited to sub-1% of the userbase it's available to everyone. (...Then again, Gaia's economy is a mess for a lot of reasons, this one's just a contributing factor that affects more people than most).

Something like the "check in for a small reward, get a more significant one after a certain amount of days" system a lot of mobile games employ certainly seems viable, though, especially if it resets as you said. Best of luck with that, in any case - I'll definitely look forward to seeing how it works out once implemented.

...And to shifting away from the tax RE. Never been particularly fond of that one, admittedly. 😥 It's probably the main reason, aside from interest, that I've preferred depositing money to leaving it on hand, so I'm definitely okay with moving away from that in favor of something less random.

August 13, 2015, 1:08 pm by

No, that was just an argument against the site not wanting to incentivize people to save billions of sP. If they don't want to do that, then don't have items that cost billions of sP. But the stuff I'm saving up for (Natasha, for example) are also very, very expensive.

August 13, 2015, 1:05 pm by

I think the difference is that you're saving up SP to spend it on those items, as opposed to saving up SP and just letting it all rot in your vault and collect more money on top of the money you already have? I'm not sure, but that's what I got out of it...

August 13, 2015, 1:01 pm by

But i use my bank interest to train all my pets for free everyday O.O

August 13, 2015, 1:01 pm by

That's a bit of a bummer. My interest was always low though.

August 13, 2015, 1:00 pm by

if you're referring to those weapons, they aren't worth buying anyway.

August 13, 2015, 12:58 pm by

"We aren't incentivizing people saving up billions because that isn't behavior we really want to encourage."

Really?

http://subeta.net/ss.php/antiques#/home

August 13, 2015, 12:57 pm by

I don't remember to do my interest most of the time, but was hoping to one day have a good chunk saved so it would be worth it to remember. :p Not too concerned though, thanks for considering another method to reward active users :)

August 13, 2015, 12:55 pm by

fine with me. the highest i ever saw my interest was under 5k. it wasn't even worth clicking the button lol. i know some people are losing a more significant amount, but those people already must have billions so honestly (forgive me if i sound rude buuut) i think they can live without all that extra sp for one click

August 13, 2015, 12:55 pm by

you don't like gaudy, gigantic flash slots???? EVERYONE LOVES GAUDY, GIGANTIC FLASH SLOTS!!!!

August 13, 2015, 12:54 pm by

As long as the daily login bonus isn't as tacky as Neo's new one. That thing is so slow and huge and just awful.

August 13, 2015, 12:49 pm by

Reading 's comment about how he's considering implementing a 'daily reward' instead of the bank interest, I'm not even bothered by it getting removed anymore! (pinging to tell you yes A+ i approve of this, especially if the daily rewards are slightly scaled for each consecutive day before the 'cutoff' and it doesn't just vomit SP at you!)

August 13, 2015, 12:49 pm by

I'm still poor as dirt, so I need to know how you people make money before you got the mad 100K + interest. Is the way really only in doing quests and restocking?

August 13, 2015, 12:48 pm by

You know what, I could be mad about this, but I'm totally not. There are SO MANY DAILY CLICKS ON THIS SITE. Removing one, with features like bonus interest that have NEVER worked for me anyways? Inconsequential. There is nothing to interest but a tiny sp bonus. Go play a game you don't usually play. Bet you'll earn more.

August 13, 2015, 12:46 pm by

I was making a joke lol

August 13, 2015, 12:45 pm by

bye bye 17k a day. lol

To be honest, i was kind of happy when the interest was first lowered, and everyone got 3% because i was given 7% when i signed up, but my friend was given 8% and others had 9 or even 10% ? but now it's going to be removed. well. there are at least 3 games that pay out about 200k day each, if you have the patience to play them,then there is item hunt that can pay a lot depending on your level, so it is really easy to earn about 1 mil daily without the interest.

yes, some will lose more than others, but come on! the staff is re-releasing old items to make them more affordable for those who really want them, there are plenty of games to play and questing to help us make back the lost interest.

i don't think i have any morty card. :/

August 13, 2015, 12:45 pm by

- I think a better idea is to actually reward users for coming online every day. Neopets did this recently, gaia has done it for ages, and most iOS/Android games do something similar, where you get a prize every day you log in until you cap at 10 days and it resets. We'll likely implement something similar, just not giving out sP but perhaps other currencies (already on site) / special items.

Also per your math, you have to remember a good amount of the 'average' comes from people who've signed up and never come back, that number doens't reflect the active userbase where the average is actually much higher.

I don't think that the vault is that important. Per the discussions on the forums we're likely going to move away from Sebastian taxing via random event and instead impose a user shop flat tax (3% or something) on all purchases, which will remove a good amount of sP from the site daily and also make it so that the vaults are kind of worthless except for having a place to put your sP. We aren't incentivizing people saving up billions because that isn't behavior we really want to encourage.

We've given you a week of having interest, which I don't think really counts as sudden. Most users (really, actually, most users) don't collect interest so I assumed those who do and are interested would click through and read my reasoning, which is what has hapened.

August 13, 2015, 12:42 pm by

WHY ?

August 13, 2015, 12:42 pm by

haha I forget about interest

August 13, 2015, 12:40 pm by

Hold up. Are people seriously complaining about this under the reasoning that a high amount of interest is something you "earned" and are entitled to for having managed to save up truckloads of sP? Yes, it takes lots of time and work to save up that much sP. And you did earn something for all that time and work - your truckloads of sP.

The bank interest on top of that was just subeta throwing money at you for no reason. Real life bank interest is given because banks make money using your money for investments, no such thing happens on subeta.

This is coming from a user with over +1b in the bank, and while I have enjoyed getting nearly 100k daily in interest I don't see the removal of that as any terrible loss. The removal of a pointless sP fountain will hopefully make the sP I already have worth more. :)

August 13, 2015, 12:39 pm by

debating subeta issues is completely different than debating political irl topics. they never intended to remove site related debates.

August 13, 2015, 12:36 pm by

I laughed so hard at 's gif down there. :D
goes to make popcorn

August 13, 2015, 12:36 pm by

you may have deleted the debate forums but now it seems comments have skirted that XD

August 13, 2015, 12:35 pm by

I'm not bothered by this in the slightest. Ever since vault interest was "fixed" and I went from 6% to 3% I just stopped caring. It wasn't enough for me to bother with anyway.

August 13, 2015, 12:33 pm by

what the heck or Morty Cards?? I'll miss my interest. I worked hard to make loads of sp's so I could collect bigger interest. Oh well, so, where do I get Morty Cards?

August 13, 2015, 12:33 pm by

This is kinda a bummer just because that was how I gauged if I had a lot of sP in there or not xp

August 13, 2015, 12:32 pm by

Quote by kbbob

No incentive to save up huge hoards of sP = more incentive to spread your money around = better user to user economy = I can sell more stuff = I can save more.

It would have taken me a bit longer to realize this too, but now I don't have a reason /not/ to make a separate shop called "hedge fund" or something silly and sell things out of it, like having multiple savings accounts- that's gonna be really nice.

August 13, 2015, 12:31 pm by

Really. When did calling other users 'assholes' become not only acceptable, but something to click on the comment heart about? Way to elevate a discussion. SMH.

August 13, 2015, 12:31 pm by

it's f*cking game~ get over it~

August 13, 2015, 12:29 pm by

NOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!

whatever shall I do... without my 1% interest :p

August 13, 2015, 12:29 pm by

THIS IS THE BEST DAY EVER

August 13, 2015, 12:29 pm by

But what do I do if the Subeta Bank miss sold me PPI?

August 13, 2015, 12:27 pm by

Quote

However, users SHOULD really get an explanation why certain aspects of the site are being removed.

This would be nice, especially since most users don't see the discussions threads that these changes are occasionally discussed on.

Quote by keith

Morty cards will be repurposed, so hang on to the ones you&;ve got

More info that would be useful in the actual news post!

If there is one thing to make a grumpy face about, it's how staff needs to hone their news post writing skills a bit more. :P

August 13, 2015, 12:27 pm by

I'm a little miffed, only slightly, and not for the same reasons I'm seeing a good number throwing about. Sure, I'll miss seeing how different size deposits affect the interest, but without interest, I have little reason to keep half my sP in my vault, having it out is going to make those tax achievements easier to get. And I REALLY want those, haha. What I'm a bit grumpy about is that this comes as terribly, terribly sudden to someone who doesn't frequent the forums and see these discussions as they're happening before they become decision. Just, a little more background and reasoning would be so very much appreciated, rather than just "This is going away, the end." (And I have seen Keith's explanation down here at the bottom of the comments, and I'm grateful for that, but actually putting it up in the news post would be quite nice, as well.)

August 13, 2015, 12:24 pm by

People are really making a huge deal over this?? Wow.

August 13, 2015, 12:24 pm by

Only upset about the assholes here :)

August 13, 2015, 12:24 pm by

daily = annual* my bad

August 13, 2015, 12:23 pm by

.00273972602% if you get 1% daily interest .00547945205% if you get 2% daily interest

sorry, I am stuck at 3% so I forget you can get less than that.

August 13, 2015, 12:22 pm by

- personally speaking, at least, it's not about the loss of sP so much as the loss of an incentive to use the site and for using the bank. I understand that interest is a problem for users who've saved an especially high amount of money and thus get a ridiculous amount of interest, but that number of users is less than 1% of the existing playerbase.

I might be a little biased here, I'll admit; a couple years ago, I spent about a year only visiting the site to collect my interest and hit up Random once a day because I didn't have the time to do anything else. Had it not been for that, I probably wouldn't have used the site at all that year, and may have drifted away from it entirely, so I don't think the effect a small daily like the bank interest has should just be written off because of an issue that affects less than 1% of the userbase.

August 13, 2015, 12:21 pm by

This should have been done a long time ago tbh, Like when the interest changed in the first place....Now all we need is a shop tax! :)

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Vault Interest

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