Curse

HuntMaster Avatar · May 12, 2008, 03:19 PM // 15:19

Quote:

Originally Posted by kobey

Pardon me if I am repeating stuffs that have been mentioned (lazy to read 3 pages of posts). But ...

Ectos will never be replaced ...

Unless Anet come out with something pink and round.

BOOBS! WTB BOOBS 5k! WTS BOOBS! Buy one get one free!

BOOB meat samiches for everyone!

BOOBS! (gotta love that word)

Boobages, Boobyoonies!

nirhan shadowmauler · May 12, 2008, 03:34 PM // 15:34

unloaded all my ectos at 8k and gave up on the economy anyway

kobey · May 12, 2008, 03:35 PM // 15:35

Quote:

Originally Posted by HuntMaster Avatar

BOOBS! WTB BOOBS 5k! WTS BOOBS! Buy one get one free!

BOOB meat samiches for everyone!

BOOBS! (gotta love that word)

Boobages, Boobyoonies!

Actually, that wasn't what I was thinking. But if it works for you, then yeah

Coraline Jones · May 12, 2008, 04:31 PM // 16:31

There is no way that Zaishen Keys are going to replace Globs of Ectoplasm for "high-end currency" simply because there's no trader for the former.

Ecto can be converted to and from gold very easily through an NPC which means it takes zero time with no hassle. Zaishen Keys means that you have to stand around town, spamming the same "WTS" in Trade Channel hoping that somebody is going to buy the keys at a rate that you specify. In short, if you're "investing" in the keys, then it takes you a long time to get your money back out of them, and there's no promise that you can get what you paid.

savage vapor 33 · May 12, 2008, 05:18 PM // 17:18

People said the same thing about Lockpicks...I dont see many of those being traded anymore...

Sarevok Thordin · May 12, 2008, 07:46 PM // 19:46

Quote:

Originally Posted by savage vapor 33

People said the same thing about Lockpicks...I dont see many of those being traded anymore...

Thanks to the CoF HM runs they are pretty common.

Yichi · May 12, 2008, 09:53 PM // 21:53

Zkeys are only the fotm due to ANET releasing a new title that anyone can obtain, so now all the whiners and complainers that cant pug HA for more than 5 minutes can have an emote as well.

I Can Cure Cancer · May 13, 2008, 12:00 AM // 00:00

Too many people have stacks and stacks of ectos and also a lot of people don't like to change from one thing to another so ecto will stay the "currency".

HuntMaster Avatar · May 13, 2008, 02:36 AM // 02:36

Quote:

Originally Posted by kobey

Actually, that wasn't what I was thinking. But if it works for you, then yeah

Doesnt take much to swing my mind around to my two best friends in the world.

R.Shayne · May 13, 2008, 03:11 AM // 03:11

I have 20 Z-Keys and thanks to ANET I am converting them to ecto since I have no use for titles.

Z-keys will never be the new currancy because there is not a npc trader to stablize the price.

Yawgmoth · May 13, 2008, 06:27 AM // 06:27

Things to keep in mind:

The demand for ZKeys is infinitely greater than for ectos. The chest will eat any number of them and the title requires thousands.

They are now also much easier to liquidate than ectos if you have huge quantities. They don't need a trader NPC if there are many many people standing there shouting "WTB Any Number of ZKeys ~price", trader doesn't help at all if the commodity is that hot with trades going nonstop.

There are already people selling various goods like minipets requesting prices in zaishen keys. This hasn't happened with lockpicks before.

Zkeys are now definately a new currency, but it doesn't mean ectos will stop being the number 1 choice for trades above 100k, this is very unlikely.

And nothing can be said for sure because there's the most important test zaishen keys still need to pass - the stability test - just wait till this monthly ats when 50,000++ keys will hit the economy.

Those are my observations after converting 2 stacks of Zkeys into ectos...

Zahr Dalsk · May 13, 2008, 12:34 PM // 12:34

Quote:

Originally Posted by matsif

I don't see it replacing ecto unless they do a free UW/FoW weekend or a double ecto drop weekend and ecto prices drop to like 3k or lower, which would royally screw over the economy worse than it already is.

I'd love to see that. The forums would be aflame with whining.

As for z-keys... meh. I still have a few skills to get before I'm UAX, so I haven't been that active in farming RA scrubs.

Krill · May 13, 2008, 01:02 PM // 13:02

Personally I don't care, and I don't think prices will drop back down to 2.5k for z-keys. On an average night, without too much screwing around, I get around 20-25k balth, so thats 25k gold for doing what I like to do. The likelihood of z-keys replacing ecto as standard <100k currency is nil though because ecto has been farmed religiously for over three years while z-keys are relatively new.

Frank Dudenstein · May 13, 2008, 03:01 PM // 15:01

Quote:

Originally Posted by arienrhode

Personally I don't care, and I don't think prices will drop back down to 2.5k for z-keys. On an average night, without too much screwing around, I get around 20-25k balth, so thats 25k gold for doing what I like to do. The likelihood of z-keys replacing ecto as standard <100k currency is nil though because ecto has been farmed religiously for over three years while z-keys are relatively new.

Very few people get 20-25K per night. Seriously. Your average RA-er doesn't get one key per night. In HA, you don't start getting 1K per match until the later maps - you need a good run to produce a key. GvG takes several matches to get a key.

Sure YOU may get that .. but most don't.

Here's the cold fact ... for the next two weeks the supply of keys is going to dry up ... many buyers and not enough people making keys in bulk. Hence the price will likely continue to rise. Then the MAT winners will hit the market (assuming they want to sell) and we'll have a large fresh supply .. until it is bought up.

Because of the inconstancy of the supply (end of every month will be a huge burst after the MAT followed by a trickle for 3 weeks) I can't see ZKeys replacing ecto as the standard as currency. The value will fluctuate too much.

Krill · May 13, 2008, 04:29 PM // 16:29

It's not that hard to get 20-30k balth in a night playing RA / TA. A run of 10 will yield 3k-4k balth and takes around 30-45 minutes depending on how fast you're going. Do that six or seven times and that's where I got my numbers. But I agree it takes a lot longer to accumulate balth in HA and GvG, not sure about AB but I've heard it can be quite fast. I also agree that there is a key shortage, not five minutes ago I went to balth d1 to unload a bunch of keys and had at least ten inquires in 20 seconds. Before the z-title it would usually take at least five minutes to find a key buyer.

At any rate the market will correct itself as time goes on. If the demand keeps up, it will entice more desperate hooligans to try to farm balth in RA and AB, putting a ceiling on the price somewhere. If the demand goes down, the balth farmers will go away and there will be a floor on the price as it was before. Also, regardless of supply and demand the key does have intrinsic value (it opens a valuable chest) so you'll never see the price go too low. This runs completely opposite of ecto which I believe has been grossly inflated in price for a long time, only because the market has unofficially monetized those wondrous globs.

Yichi · May 13, 2008, 10:59 PM // 22:59

Quote:

Originally Posted by Frank Dudenstein

Very few people get 20-25K per night. Seriously. Your average RA-er doesn't get one key per night. In HA, you don't start getting 1K per match until the later maps - you need a good run to produce a key. GvG takes several matches to get a key.

you don't pvp much do you?

Frank Dudenstein · May 14, 2008, 12:44 AM // 00:44

Quote:

Originally Posted by Yichi

you don't pvp much do you?

Boy have you lost touch. Kinda reminds me of when Obama empathized with the voters by bemoaning the price of arugula...

Lawliet Kira · Jul 09, 2008, 10:54 PM // 22:54

i ressed this thread, the ectos have gone down, so what will you guys think will happen

Dallcingi · Jul 10, 2008, 12:58 AM // 00:58

Seen some posts like 100k+20 ecto+2 z keys in high end
so i guess they are being used as currency but idk if they replacing ecto yet

Yawgmoth · Jul 10, 2008, 06:10 AM // 06:10

Ectos are low but seem to have stabilised (at around 3.5k). The large majority of traders everywhere still use ectos as the primary currency, although zkeys are now also widely accepted as a way of payment.