Curse

Invalid Shadow · Jan 09, 2010, 09:57 AM // 09:57

Ok I am going to do my best avoind starting a QQ or Flaming thread, however I do believe for the players who may be a little naive about ecto current and future price stabillity that it would be good if some more experienced players could impart their knowledge on this subject, not including myself in this list, however I would like to try and add my 10 cents worth..

Ectos are currently floating around the 8k mark, of course there are more pressures than the impending sf nerf on ectos, i.e players wanting tormented weapons so needing to change them for ambraces, players wanting to buy higher end weapons, people needing to store more cash than the max storage 1,000,000 barrier and also botters and gold sellers, let me know if I missed something.

However unless anet plan to incapacitate every farming build which is useable in the underworld and the new team builds being used to clear underworld then the impending sf nerf, which if we are all being honest plays the largest role in the inflation of ectos, due to people stocking up expecting to make huge profits, is somewhat redundent.

I know free markets are that and will behave irratically for being so, however making the game less enjoyable for newer players, by out pricing anything high end, i.e rare weapons, obi armor prices are remaining the same in ecto valuation, so cost a lot more gold.

Sorry for rambling on but the main point is, if people who have followed ecto prices over years, instead of just months can put some light on some more observeant realistic predictions for future ecto prices, hopefully this can calm overheated speculation with the current and possibly near future rises in ecto prices.

thankyou all for your time and any input on this subject, if you feel like trolling then please start your own troll thread, this is for hopefully intelligent replies.

By the way I have plenty of ectos in storage, so I stand to lose in real terms if ecto prices stabilise again at a lower prices, so I am not trying to manipulate markets to my own advantage.

There are no other threads asking for players to input their predictions on what ecto prices will or may be in the near future, if you know of1 please direct instead of just whining. The whole point of this thread is to get some good knowledgeable input, to possibly aid in the reduction of the bubble in ecto prices making the environemt a lot more beneficial for all players and not just some players.

As written in thread, save your trolling for elsewhere...

Ty for your input Mcsnake, but I am fully aware of what ectos are used for, but this does not relate to their availabillity or rareness, fact is ectos are in a bubble, not a problem for myself as I could amake a fortune, I am just trying to get some real opinions on the true value of ectos to maybe try and stabilise the market and give new p-layers a better chance of completing their hall of monuments, ie with obby armor etc, where the price is linked to ecto fluctuation as obby armor materials are always the same...

mage767 · Jan 09, 2010, 10:04 AM // 10:04

I don't store my money in ectos, I buy rare items. If I need ectos, I just sell them at their current prices. Problem solved.

lishi · Jan 09, 2010, 10:06 AM // 10:06

Man, your idea are so ... what was the world?

Oh yea so original i wonder why we didn't had similar thread before.

Mcsnake85 · Jan 09, 2010, 10:56 AM // 10:56

Guys...really i dont understand the real problem...A lot of ppl dont understand the role of ectos in GW...
Ok i try to explain it :
(Sry if i write something wrong, but im not english and i still learn how to write good)
Players when want trade something (weapons,tonics,materials,everithig) have a windows where you can put only 100k + 7 items.If the Items you want buy/sell worth less than 100k or 100k you can pay it without problem, you put the 100k in it and you trade. If the item worth more than 100k you must find a way to add the difference, for example if my "XXXX" worth 150k you need pay me 100k+50k..but you cant, you can pay only 100k so you need something to add for 50k because no one trust in other player to make 2 different trade to pay 100+50k.Community then choose ectos as "ADD VALUE" to pay the rest...so for example if i trade you my "XXXX" for 150k you need pay me 100k+X ectos where X is 50k/ectos Value.
If the ectos worth 1k/each you need pay 100k+50e If the ectos worth 10k/each you need pay 100k+5e...in both case (E=1k) 100k+50e=100k+5e (E=10k).
So the problem is not ectos price, because ectos are a simple "ADD" the problem is that player sold the item for same price of E=5k and E=8k...so if an items cost 150K, with ectos=5k you need pay 100+10e or 100+6e (in case of e=8k) BUT PPL sell it for 100+10e WITH e=8k so price is not 150k BUT 180K in THIS CASE...this is the problem, not the price of ectos....ectos can worth all you want, they need just to add the difference NO MORE...
Thats all guyz,think about it..its a simple thing that work in all MMORPG..in GW its different and I DONT KNOW WHY!

YunSooJin · Jan 09, 2010, 11:06 AM // 11:06

hai gaiz, another ectoz thread! looks like we met our quota for the week? woo..

Fanita · Jan 09, 2010, 01:07 PM // 13:07

Quote:

Originally Posted by Mcsnake85

Guys...really i dont understand the real problem...A lot of ppl dont understand the role of ectos in GW...
Ok i try to explain it :
(Sry if i write something wrong, but im not english and i still learn how to write good)
Players when want trade something (weapons,tonics,materials,everithig) have a windows where you can put only 100k + 7 items.If the Items you want buy/sell worth less than 100k or 100k you can pay it without problem, you put the 100k in it and you trade. If the item worth more than 100k you must find a way to add the difference, for example if my "XXXX" worth 150k you need pay me 100k+50k..but you cant, you can pay only 100k so you need something to add for 50k because no one trust in other player to make 2 different trade to pay 100+50k.Community then choose ectos as "ADD VALUE" to pay the rest...so for example if i trade you my "XXXX" for 150k you need pay me 100k+X ectos where X is 50k/ectos Value.
If the ectos worth 1k/each you need pay 100k+50e If the ectos worth 10k/each you need pay 100k+5e...in both case (E=1k) 100k+50e=100k+5e (E=10k).
So the problem is not ectos price, because ectos are a simple "ADD" the problem is that player sold the item for same price of E=5k and E=8k...so if an items cost 150K, with ectos=5k you need pay 100+10e or 100+6e (in case of e=8k) BUT PPL sell it for 100+10e WITH e=8k so price is not 150k BUT 180K in THIS CASE...this is the problem, not the price of ectos....ectos can worth all you want, they need just to add the difference NO MORE...
Thats all guyz,think about it..its a simple thing that work in all MMORPG..in GW its different and I DONT KNOW WHY!

This. People have forgotten what the role of ectos is. ANet did not intend for ectos to be another form of currency. The players made it that because they needed a way to buy things worth more than 100k. Greed is the real problem here.

englitdaudelin · Jan 09, 2010, 01:09 PM // 13:09

Quote:

Originally Posted by Invalid Shadow

Sorry for rambling on but the main point is, if people who have followed ecto prices over years, instead of just months can put some light on some more observeant realistic predictions for future ecto prices, hopefully this can calm overheated speculation with the current and possibly near future rises in ecto prices.

Before all the campaigns flooded us with a variety of farming skills, places, and techniques, and when favor--access to the UW and FoW--was tied to PvP outcomes, ectos had been, regularly, 7-8k, with long periods of 9-10k ecto prices. I think we'll see a return to that kind of pricing, especially if both SF and Spell Breaker, Spirit Bond, or Prot Spirit take hits.

First, I do think people have been hoarding ecto, rather than selling at a rapid clip. Maybe not a lot, maybe just a little. This could be happening for two reasons: First, players who are "saving" for an item or armor now keep the ecto, instead of selling it. That is, in the past, this player may have sold the ecto for immediate cash, since the price was stable and the method of getting ecto was consistent and "safe." Now, the price is volatile and there's no guarantee that such a player's method of farming ecto will exist in two weeks.
Second, this could happen as a result of "investment..." That is, players who farmed or bought ecto are waiting to see what happens to the price, and considering a sale when the price rises to an acceptable level.

I do not think the ceiling for ecto is something unlimited. I'm not even sure it'll get to 10k. As long as favor is a PvE reward, and as long as access to UW is pretty much unlimited, groups and individuals will be able to go in and get ecto. Another farm build will come along, or old ones will be resurrected, and even *gasp!* balanced groups will finish Dhuum and UW in two hours or less and come back with the loot.

I DO think that price speculation will push prices upwards, and I do think that when ecto gets to 9 or 10k you'll see a bit more selling, and that will bring the price back down, and so on and so on...

Improvavel · Jan 09, 2010, 02:13 PM // 14:13

I wonder when will power trading be kept in line with farming and normal play in terms of making money per period of time.

Anet kept nerfing drop rates and farm builds to counter ppl getting too much money compared to regular play.

Will Anet restore the drop rates with the farm nerfs? With the SC nerfs?

What will Anet do to "nerf" power trading?

own age myname · Jan 09, 2010, 02:16 PM // 14:16

I agree, I never saw the problem when ectos were floating at 4.5k/5k each. The average player could afford obby armor with a little work. Now it's double that, and it sure doesn't help the average person. I know obby armor is suppose to be hard to get, but it should also be a reachable goal. 400k was pretty reachable, 800k is a little far (I don't remember the exact prices, just guesstimating)

Enko · Jan 09, 2010, 02:20 PM // 14:20

Quote:

Originally Posted by englitdaudelin

Before all the campaigns flooded us with a variety of farming skills, places, and techniques, and when favor--access to the UW and FoW--was tied to PvP outcomes, ectos had been, regularly, 7-8k, with long periods of 9-10k ecto prices. I think we'll see a return to that kind of pricing, especially if both SF and Spell Breaker, Spirit Bond, or Prot Spirit take hits.

First, I do think people have been hoarding ecto, rather than selling at a rapid clip. Maybe not a lot, maybe just a little. This could be happening for two reasons: First, players who are "saving" for an item or armor now keep the ecto, instead of selling it. That is, in the past, this player may have sold the ecto for immediate cash, since the price was stable and the method of getting ecto was consistent and "safe." Now, the price is volatile and there's no guarantee that such a player's method of farming ecto will exist in two weeks.
Second, this could happen as a result of "investment..." That is, players who farmed or bought ecto are waiting to see what happens to the price, and considering a sale when the price rises to an acceptable level.

I do not think the ceiling for ecto is something unlimited. I'm not even sure it'll get to 10k. As long as favor is a PvE reward, and as long as access to UW is pretty much unlimited, groups and individuals will be able to go in and get ecto. Another farm build will come along, or old ones will be resurrected, and even *gasp!* balanced groups will finish Dhuum and UW in two hours or less and come back with the loot.

I DO think that price speculation will push prices upwards, and I do think that when ecto gets to 9 or 10k you'll see a bit more selling, and that will bring the price back down, and so on and so on...

there used to be a time when ectos were 15k-20k

ectos are going up right now just because of the impending sf nerf so some people are buying and hoarding now to make a quick buck later. once whatever new farm build comes out, it'll drop again as people sell of their stock.

a-kyle · Jan 09, 2010, 03:09 PM // 15:09

id store my money in zkeys over ectos

Axeman002 · Jan 09, 2010, 03:38 PM // 15:38

Quote:

Originally Posted by a-kyle

id store my money in zkeys over ectos

yeah and if they ever repair XTH ure cash will fall flat on its arse. (highly unlikely to happen tho as they got stuck and hope we all forget about it)

i have stopped trading till ectos stabilize as people just cant grasp the fact that ectos are an extension of plat....something that was 100k+20e when ecto was 5k...was really 200k....now they still want 100k+20e....which at todays prices adds upto 250k...i even seen a eternal blade trying to be sold for 160 ectos (WTF!)...there are more of those in game than Volty spears.

in the end people wanted farming to end...prices for the regular players will be to high and they will just give up, so not only do u lose your farmers...but alot of regular players..then u can have your deserted game all to yourself GG.

to OP i think until these nerfs happen we cannot predict the prices as with every nerf...one skill dies ...another get buffed to become a new farm..(last skill balance that was rits with SoS)...until then they willl go up...and up

Shadow Slave · Jan 09, 2010, 04:02 PM // 16:02

Would be pretty nice if Anet just removed the cash limits (on inventories, storage and trade windows) -

gogo liquidate your assets!

Mcsnake85 · Jan 09, 2010, 04:07 PM // 16:07

Quote:

Originally Posted by Shadow Slave

Would be pretty nice if Anet just removed the cash limits (on inventories, storage and trade windows) -

gogo liquidate your assets!

No need remove all limits..just cash limits, if you want sell a item for 200k you must able to do it and not add other things as "ADD", they create only problems...

Reformed · Jan 09, 2010, 04:28 PM // 16:28

Quote:

Originally Posted by Shadow Slave

Would be pretty nice if Anet just removed the cash limits (on inventories, storage and trade windows) -

gogo liquidate your assets!

Quote:

Originally Posted by Mcsnake85

No need remove all limits..just cash limits, if you want sell a item for 200k you must able to do it and not add other things as "ADD", they create only problems...

I'd /sign for this. I'm positive a cap removal has been suggested numerous times but it's still a good idea. I understand Anet expects us to work within the limitations of a 100k limit but trades well in excess of that have been going on for years. If not a cap removal why not an agreed upon reserve (not lockpicks) that isn't vulnerable to speculation. I'm pretty sure GW was never intended to be a day trader commodity sim or a no risk test lab for Goldman Sachs wannabees.

Rekliss · Jan 09, 2010, 04:32 PM // 16:32

Quote:

Originally Posted by Fanita

This. People have forgotten what the role of ectos is. ANet did not intend for ectos to be another form of currency. The players made it that because they needed a way to buy things worth more than 100k. Greed is the real problem here.

The problem is Anet not making a higher drop rate for items and a 100k cap, with that combo you are asking for barter items.

Yelling @ Cats · Jan 09, 2010, 04:32 PM // 16:32

Didn't read your rant, because well, it's long and I don't really care.

Ecto prices are up because of the fear of a farming nerf...so people are holding onto them rather than selling them. So much for "what other people do doesn't effect you!!!!!".

Press_ALT_F4 · Jan 09, 2010, 04:37 PM // 16:37

Ectos are a "scarce resource", so if people believe the price is going to go higher, it will go higher. With Nerf speculations, prices rise. A number of months ago when ecots were 4,200 each, there was no real nerf coming, now that its "on its way" prices have risen. Once the nerf come, ecto prices will probably go even higher for the first month (or less/more) but the prices will eventually level out. I am predicting that after the nef comes, ecto prices will be about 6k. Just adding my 2 cents.

Mcsnake85 · Jan 09, 2010, 05:06 PM // 17:06

This dont change nothing.....Ectos can be 100k/each too who care?All those thigs you guyz said just confirm what i've say : PPL dont know what ectos are for...
Ectos are "ADDs" for buy "high-End Items" that worth over 100k, no more..who care if Anet overpower SF or hard nerf it?
Just to make a simple Example :
Today in Kamadan i saw ppl spamming : WTS Q9 VS (Voltaic Spear) = 60e, all ppl AGREE in this price when ectos were=4.5k / 5k...so that mean Q9 Voltaic Spear worth = 270-300k....ok untill now nothing strange...now Ectos worth=7.5k each or maybe 7k too sometimes....NOW try do 60e x 7.5k....if i did right, 60x7 / 7.5k =420-450k!!Cool!!Voltaic Spear with e=7 / 7.5k worth 150k extra!!and nothing change on last 5 months...ppl still farm it, still drop it, still sell it BUT for 150k extra!!
This is the problem as i said, not ectos price that go up.

talon994 · Jan 09, 2010, 05:07 PM // 17:07

Anet should just let us pay in cash full. Item is worth 200k you put up 200k cash in trade. Ectos are an illusion with a fluxuating price. One day your paying 200k and the next day your paying 215k for the same item.

It's kinda like being cheap/greedy irl