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Old Jun 26, 2008, 07:38 PM // 19:38   #61
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idont have a farming sin

Guess i stuck with powdered milk.
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Old Jun 26, 2008, 07:38 PM // 19:38   #62
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Quote:
Originally Posted by Miska Bow
It may seems off topic but, how is all of this ever gonna affect the price of milk for my little 2 years old?
You will begin spending more time on Guildwars because of the oppurtunity to get easy ectos, Thus you will spend less time at your job which could be milk producer and thus the whole milking company will go into recession because of there are not enough milk bottlers and the price of milk will go up.

or you will forget to feed your cows, who will then die and not produce milk...

Some people have yet to realize Guildwars is just a game....
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Old Jun 26, 2008, 07:40 PM // 19:40   #63
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im not reading this whole thread because it is mind numbingly dumb at some points on both sides but a drop in ecto value doesnt matter for the sf farmers who can get so many that they are still making a lot of money a run however, for normal farmers or people who have invested in ectos that much of a drop kills there collective gold and keeps them low without them making a sin
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Old Jun 26, 2008, 07:45 PM // 19:45   #64
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Quote:
Originally Posted by Jiao Yang
Regardless of all this arguing, if SF/Choas plains was nerfed, it would restore the price of ectos as people would take advantage of low prices and buy large amounts from the trader, raising the price again...
Which would be nice for some people
That is wishful thinking/speculation at this point in time.

The most likely thing to happen if SF gets nerfed:

1. People will now go A/Me, since they have more experience in the run now, and thus the build wont be as hard.

2. The run will double in time as people wait for SF to recharge.

3. People will go to the Terra tank to farm Chaos Plains.

If the true reason for Ecto price decline is just because of overfarming, there will be no revival with a SF nerf.

If the true reason for Ecto price decline is just speculation, then it will definately have an effect.

Either way, the thing that should happen is: people should move thier money into a commodity that cant be speculated, like Lockpicks or Z-Keys. If many people are already doing this, or if more people decide to do this rather than Ecto, then nerf or not, ectos will never return to its original price. If you dont believe this, got to TOA count the number of WTS/WTB ecto, then go to GTOB and count the number of WTB/WTS Z keys. You will see they are the exact opposite of each other. I will also go so far to add that, from what I have seen lately, there seems to be a lot more WTB Lockpicks and very few WTS lockpicks.

Also, anyone buying Z-Keys reularly, will have noticed the price has gone up on the majority of the WTS spammers by as much as Ecto has gone done.

Just as a side note, someone wondered how much ecto sold/bought from a trader will change the price? Ive never had the money or the ecto to test it, but I do remember last year when I bought my Kurz Elite, I got all my amber from the trader. The first 20 or so was all same price. Then it started jumping. By the time I finished, it was nearly 200 gold higher per chunk than when I started. How its figured is anyones guess, but I bet the numbers moving through the trader to change price are surpisingly low. I bet ~1000 ecto can change the trader price in large amounts very quickly, which divided over all the GW population, is not much.

Last edited by AOD_EaSyKiLL; Jun 26, 2008 at 07:48 PM // 19:48..
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Old Jun 26, 2008, 07:47 PM // 19:47   #65
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They should make every class able to farm chaos plains with perma SF easily. I'm getting bored of seeing only A/E in ToA.
/end sarcasm
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Old Jun 26, 2008, 07:48 PM // 19:48   #66
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The "hysteria" effect is dead on with this whole fiasco.

The chain reaction begins when a few people convince others that there is a problem and then some people people convice others until it grows exponentially out of proportions.

This is true in real life as well. Look at how riots begin and accelerate into large scale "hysteria". The larger a crowd grows the larger the stupidity factor grows with it. You have the same effect with all of the people who are panicking and selling to the trader and just making the problem worse. It seems that more people would be smarter than to just sell hordes of ectos to the trader, but they have no clue because, "I was just doing what everyone else was doing."

So all of you sheep, just keep selling them to the trader until you have none. When the price comes back up because 70 percent of them are sold to the trader you can get back on here and write threads saying "OMG SF made me sell all of my ectos to the trader cheap and now I don't have any left and they went back up in price." Almost certainly it will be A-nets fault again, but in reality it is because you were stupid sheep in a big riot.

Last edited by Puddin Cheeks; Jun 26, 2008 at 07:57 PM // 19:57..
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Old Jun 26, 2008, 07:52 PM // 19:52   #67
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Quote:
Originally Posted by placebo overdose
im not reading this whole thread because it is mind numbingly dumb at some points on both sides but a drop in ecto value doesnt matter for the sf farmers who can get so many that they are still making a lot of money a run however, for normal farmers or people who have invested in ectos that much of a drop kills there collective gold and keeps them low without them making a sin
Reader's Digest condensed (and not grammatically abominable) version:

"I can't be bothered to read this thread, so I'm just going to put in the same argument that's been made and countered <INTEGER OVERFLOW> times before."
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Old Jun 26, 2008, 07:57 PM // 19:57   #68
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The simplest solution to fix this whole problem has nothing to do with SF or the farm. Simply remove the Rare Material Trader from the game. Eliminate the benchmark and within 2 weeks everyone will be buying and selling ecto for 4.5-5k each.

Yuri
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Old Jun 26, 2008, 08:00 PM // 20:00   #69
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SF is great for the Game end of story, Lower prices in the Loot Scaling Era is a Win, win for all.
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Old Jun 26, 2008, 08:02 PM // 20:02   #70
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Quote:
Originally Posted by Chthon
I'm tired of seeing a dozen new
Quote:
Originally Posted by Chthon
SF
Quote:
Originally Posted by Chthon
threads pop up almost every day.
this thread included
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Old Jun 26, 2008, 08:03 PM // 20:03   #71
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Quote:
Originally Posted by Yuri Strongbow
The simplest solution to fix this whole problem has nothing to do with SF or the farm. Simply remove the Rare Material Trader from the game. Eliminate the benchmark and within 2 weeks everyone will be buying and selling ecto for 4.5-5k each.

Yuri
Might be better to just remove ectos from the Rare Mat trader than nuke him altogether... There are still non-high-enders who might want their 1.5k armor and need non-deld steel or something that most people don't "save up"
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Old Jun 26, 2008, 08:05 PM // 20:05   #72
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Quote:
Originally Posted by Chthon
1. Ecto prices drop. 2. ???? 3. "Oh noez, teh economy is ruined!"
I think the correct progression would be 1. Ecto prices drop. 2. ??? 3. PROFIT!!!


Secondly, rich ass no-lifers will bawww because their gold stored into ectos is now lost because ectos themselves lost price (5 ectos in storage are now worth 15k @ 3k ea instead of 50k back in the day). But this would require me to give a red engine about rich people in gw.

That is all.
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Old Jun 26, 2008, 08:05 PM // 20:05   #73
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Quote:
Originally Posted by romeus petrus
Clearly not a valid discussion. SF made it rediculously easy for anyone with half a brain to make a stack of ectos in a matter of hours. There is no build out there atm that made ectos farming so efficient. That means we have loads and loads of ectos farmed every day and poured into the economy.

If we discover a way to turn sea water into Oil efficiently and for cheap, we wouldnt be paying $4.50/galon for gas. Basic supply and demand.

/close please
LOL ok. so the ele build i, and many others, were using to farm the chaos planes BEFORE there was even a HINT of an sf update obviously meant no one was doing it. The A/Me build also didnt need much thinking and there were many ppl allready running it.
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Old Jun 26, 2008, 08:09 PM // 20:09   #74
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Quote:
Originally Posted by Gibz
this thread included
Don't like it, don't read it.
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Old Jun 26, 2008, 08:19 PM // 20:19   #75
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Somebody close this BS...

O.o, it wasn't the SF update that dropped ecto rates, it was the angry Ecto-Gods that did...

EDIT: I would also like to blame PvX wiki for giving this build to all the cookie cutter noobs.

Last edited by kerpall; Jun 26, 2008 at 08:25 PM // 20:25..
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Old Jun 26, 2008, 08:27 PM // 20:27   #76
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Quote:
Originally Posted by Sniper22
Retake high school economics and close this thread.
100% ACK.


Sidenote: SF makes farming way to easy. There was a reason why they changed Protective Bond back in 2005.
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Old Jun 26, 2008, 08:28 PM // 20:28   #77
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Another misinformed poster QQing about his a/e.
Please close this QQ thread.

Quote:
Originally Posted by Chthon
SF/Chaos Plains Farm Is NOT Causing the Drop in Ecto Prices.
Hysteria about SF/Chaos Plains Farm Is Causing the Drop in Ecto prices.
Where's your proof? You don't give any proof why we should believe you over the opposite claim. Its true that people are panicking, but that's because people started farming with the imbalanced shadowsin.

I think its safe to say that with all the people spamming WTS and not (WTB) Ecto in ToA, that there is too much supply, and therefore the prices are dropping.

The only people that could know the truth would be arena.net.

Quote:
Originally Posted by Chthon
2. A Drop in Ecto Prices Is NOT Bad for the Economy.

Even if SF was behind the drop in ecto prices, it wouldn't matter because a drop in ecto prices is not bad for the economy.

The ecto price affects only ectos; nothing else will be affected.
Inflation of a currency is always bad. It cheapens the work that others did before, until no one wants to trade. See the US right now. Nintendo is selling less Wii's to the US because they don't get inflated US dollars.

Replace US with guildwars, dollars with ecto, and Nintendo with guildwars players, and you have the current situation.

What if one day, the government decided that its old currency would lose half its value, and everyone would now be paid twice as much? I think you would be pretty pissed, and might want to move to a different country.



Quote:
Originally Posted by Chthon
The Rationales for WHY a Low Ecto Price Is Bad for the Economy Are Faulty.
1. "A low ecto price is bad for the economy because it means my stacks of ecto are worth less."

Well, that's certainly bad for you, but you are not the economy. Someone else is gaining as much relative buyer power as you are losing, so the net effect for the economy is a wash. If anything, it's actually good for the economy because it might motivate you to become more productive in order to reestablish your relative buying power.
Everyone is part of the economy. Unlike the real world, people can just quit playing guild wars, and they never have to "become more productive in order to reestablish your relative buying power".

Why should they feel an incentive to sell more stuff if anet is going to make the money they get in return useless?

The loss of a stable currency for trades above 100k means that you will see less items being sold. During this ecto drop, I've seen less people selling 100k+ items because they don't want devalued ectos in return. I am willing to bet that 90% of people in this forum have bought an item worth more than 100k.

Last edited by lorph; Jun 26, 2008 at 08:32 PM // 20:32..
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Old Jun 26, 2008, 08:31 PM // 20:31   #78
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Quote:
Originally Posted by romeus petrus
Clearly not a valid discussion. SF made it rediculously easy for anyone with half a brain to make a stack of ectos in a matter of hours. There is no build out there atm that made ectos farming so efficient. That means we have loads and loads of ectos farmed every day and poured into the economy.

If we discover a way to turn sea water into Oil efficiently and for cheap, we wouldnt be paying $4.50/galon for gas. Basic supply and demand.

/close please
/close so perfectly said

-scott
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Old Jun 26, 2008, 08:41 PM // 20:41   #79
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Quote:
Originally Posted by lorph
Another misinformed poster QQing about his a/e.
Please close this QQ thread.


Inflation of a currency is always bad. It cheapens the work that others did before, until no one wants to trade. See the US right now. Nintendo is selling less Wii's to the US because they don't get inflated US dollars.

Replace US with guildwars, dollars with ecto, and Nintendo with guildwars players, and you have the current situation.
There's your mistake. As has been stated before, if you want the GW equivalent to US Dollars, you need to replace dollars with "gold" not "ecto." The closest RL equivalent to ecto in the US is probably "oil."
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Old Jun 26, 2008, 08:42 PM // 20:42   #80
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Just close this already, no1 shud really care, zkey sshud now b used, lesson learned.
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