Curse

englitdaudelin · Jun 22, 2008, 02:17 AM // 02:17

It'll be interesting to see what happens to prices when favor from maxed titles reaches zero. We'll still see, I expect, lots of little windows when people max a title, and then everyone will run for the statues and kneel down and zoom in.

Personally, I expect a panic spike in ecto price (but not a HUGE spike, just a small one) as that moment approaches and not long after it passes (plenty of people might still be wanting the FoW armor; plenty more might take a stock-market-style gamble that the price, even if it has hopped up a little, will continue to creep back up higher and higher (thus making a profit in the rare-materials/currency market)), and then, especially if windows of favor become rarer and rarer, we'll see a slow rise in the cost of ecto.

I have no idea what it might cap at. I have little sense of the demand for FoW armor (which would add a secondary pressure to the favor system: need someone to max a title before one could get a party in for the armor) and Chaos gloves. If people want these (and they therefore take ecto out of the market, tightening supply after favor goes), then prices could creep back into the 8-10k range. If everyone's got the loot they want on their fully pimped tertiary characters, let alone primaries, then we might see the price hold near 5k, as a unit of currency, but not as a desired material.

So, how long now till zero minutes of favor?

lorph · Jun 22, 2008, 04:19 AM // 04:19

Quote:

Originally Posted by englitdaudelin

It'll be interesting to see what happens to prices when favor from maxed titles reaches zero. We'll still see, I expect, lots of little windows when people max a title, and then everyone will run for the statues and kneel down and zoom in.

Personally, I expect a panic spike in ecto price (but not a HUGE spike, just a small one) as that moment approaches and not long after it passes (plenty of people might still be wanting the FoW armor; plenty more might take a stock-market-style gamble that the price, even if it has hopped up a little, will continue to creep back up higher and higher (thus making a profit in the rare-materials/currency market)), and then, especially if windows of favor become rarer and rarer, we'll see a slow rise in the cost of ecto.

I have no idea what it might cap at. I have little sense of the demand for FoW armor (which would add a secondary pressure to the favor system: need someone to max a title before one could get a party in for the armor) and Chaos gloves. If people want these (and they therefore take ecto out of the market, tightening supply after favor goes), then prices could creep back into the 8-10k range. If everyone's got the loot they want on their fully pimped tertiary characters, let alone primaries, then we might see the price hold near 5k, as a unit of currency, but not as a desired material.

So, how long now till zero minutes of favor?

Favor will not affect ecto prices very much in the long run. I think the amount of favor being lost is 300 mins/day. There are 1440 minutes in a day.

This means that on average, we will have favor for 80% of the day.

(1440-300)/1440 ~ 0.8.

I don't think this will put a dent on the ecto farming especially when underworld scrolls cost nearly 1 platinum.

Even if UW scrolls go up in price, a person can easily farm enough ecto to cover the cost of buying one, and that's not even counting the scrolls that frequently drop on a farming run.

Samurai Goroh · Jun 22, 2008, 04:29 AM // 04:29

I played guildwars for 2.654 years and Ive never seen an ecto, where do I get them? Nevermind I dont wanna know , I dont want to spoil my GW fun with leet knowledge. It might just turn me into a bitter old GW hack complaining on the forums.

Issac · Jun 22, 2008, 04:37 AM // 04:37

Quote:

Originally Posted by Samurai Goroh

I played guildwars for 2.654 years and Ive never seen an ecto, where do I get them? Nevermind I dont wanna know , I dont want to spoil my GW fun with leet knowledge. It might just turn me into a bitter old GW hack complaining on the forums.

They drop in UW and have a rly low chance of dropping in FoW.

Actually I hope the prices drop lower so it'll be easier for me to buy them instead of farming lol.

aapo · Jun 22, 2008, 04:42 AM // 04:42

Quote:

Originally Posted by englitdaudelin

It'll be interesting to see what happens to prices when favor from maxed titles reaches zero.

- Nah, ANET will just change rules again.

Issac · Jun 22, 2008, 04:47 AM // 04:47

I bet that's the time ANET ganna add a death title lol. Getting 15k ppl maxing it in 2 days or something like that.

Fay Vert · Jun 22, 2008, 10:44 AM // 10:44

Quote:

Originally Posted by Issac

They drop in UW and have a rly low chance of dropping in FoW.

Actually I hope the prices drop lower so it'll be easier for me to buy them instead of farming lol.

Its not so much where they drop, but what drops them. They are rare in FoW because only the Banshees/Wailing Lord drop them. Mostly these mobs can be found in UW, but also Tombs or the Primeval Kings, and you can even get them from Bloodstone Fen (when bonus is failed). Some ecto dropping mobs appear in some festival events.

Tyla · Jun 22, 2008, 11:34 AM // 11:34

Quote:

Originally Posted by Fay Vert

Its not so much where they drop, but what drops them. They are rare in FoW because only the Banshees/Wailing Lord drop them. Mostly these mobs can be found in UW, but also Tombs or the Primeval Kings, and you can even get them from Bloodstone Fen (when bonus is failed). Some ecto dropping mobs appear in some festival events.

That's new to me, like ectos dropping in some festivals. Educate me please.

GreatBabai · Jun 22, 2008, 12:38 PM // 12:38

Quote:

Originally Posted by Tyla

That's new to me, like ectos dropping in some festivals. Educate me please.

Ravagers, that spawn if you fail bonus sometimes drop ectos.
--
Banished Dream Riders can drop ectos duiring Dragon festival that happens in Cantha (Shing Jea Island)

Pleikki · Jun 22, 2008, 04:46 PM // 16:46

Quote:

Originally Posted by Jesses Paradigm

i remember the good 'ol days where ectos were 100k

when they were 100kish? they were 100g at beginning then 30-40k when Obsis came in known.

Hyper Cutter · Jun 22, 2008, 07:37 PM // 19:37

Quote:

Originally Posted by Holly Herro

So in theory, shards should be more expensive than ectos...?

They should be about the same price, as rubies and sapphires are...

Jensy · Jun 22, 2008, 08:23 PM // 20:23

Yeah, well, we haven't had LBSS since January, which means it's due sooner rather than later.

That would at least keep favor going until the holidays.

Yichi · Jun 23, 2008, 02:06 AM // 02:06

Quote:

Originally Posted by Hyper Cutter

They should be about the same price, as rubies and sapphires are...

They won't be due to ecto's being used for chaos gloves, and high end trades.

Don Tomaso · Jun 24, 2008, 11:47 PM // 23:47

just a thing arenanet SHOULD have done 3 years ago.. FOW and UW are elite farming areas.. and the drops are about the same rate on.. so why not have both shards and echtos at same price??

lorph · Jun 28, 2008, 03:52 AM // 03:52

For all those who said I was wrong and that they couldn't drop below 4k.

Magikarp · Jun 28, 2008, 03:59 AM // 03:59

Quote:

Originally Posted by lorph

For all those who said I was wrong and that they couldn't drop below 4k.

and soon to be 1k each..

aTT!kus · Jun 28, 2008, 04:03 AM // 04:03

i cant tell when it is a good time to buy any more, they just keep dropping

Neo Nugget · Jun 28, 2008, 04:33 AM // 04:33

this is awesome.

I thought it would be a few days till i had to change my signature again.

but it's 3.7k....wow.

DaemonSoulHunter · Jun 28, 2008, 04:37 AM // 04:37

i like ectos

!

KycooGhost · Jun 28, 2008, 04:42 AM // 04:42

Its been said before and I'll say it again. The price drop if from farming. Its a basic economic idea. If the supply of ecto goes up they become more common (farmers farming them). With them becoming common the demand goes down as they are so easy to get. With demand low people have to sell them for less and less to get others to buy. If someone were to start to sell them to the trader because the trader was currently paying more than players were than they would get a large profit. But if every farmer did this the trader would sell them for less because it follows the rules of economics that if there is allot of some thing it sets the price lower.

you now have ecto at ~3-4k each. How to solve the price drop? Nerf the farming area, make the drop rate even lower for ecto, or make materials affected by lootscaling. The demand would stay the same but the supply would drop off the face of the map because farmers would only get a few ecto a run (1-2 instead of 5-15 (correct my numbers if I'm way off))

sry for long post.