Apr 12, 2006, 01:48 PM // 13:48
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#1
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Lion's Arch Merchant
Join Date: Dec 2005
Guild: Saints of Sin
Profession: W/Mo
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Safe storage of Cash
Hi guys,
Just a few questions:
I need to convert my gold into commodity. Is there good choice for this with factions comming out? I don't know if ecto is going to go down or rubies go up or whatever. I'd like to think that ecto is just going to stay normal.
Questions:
Are there materials that are guaranteed to be used in factions? ecto?
What do you think, based on factual information, is good for me to buy?
I'm not looking to make money, just safely store mine.
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Apr 12, 2006, 01:57 PM // 13:57
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#2
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Banned
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At the moment I'd suggest black dyes. The price has been constant for a long time.
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Apr 12, 2006, 02:04 PM // 14:04
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#3
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Wilds Pathfinder
Join Date: Nov 2005
Guild: Defenders of Gods
Profession: E/Me
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Well, I don't think anyone can "confirm" which materials will be used in Factions. The only thing you can do is look at the FPE as a reference and "hope" the same materials will be used.
Steel, silk, tanned hides, vials or ink, monstrous fangs, etc, where all used during the preview. Jadeites and Amber were also used, but those are not "exactly" attainable in large quantities right now.
Just about everything is increasing in price except for weapons. Upgrades, runes, black and silver dyes are all increasing in price at a large rate. It's safe to say people are getting ready to mod and equip the new Factions items as quickly as they can.
Ecto, shards, rubies, sapphires, spirit wood, monstrous eyes, claws, and fangs are all staying at a steady pace. These are the items people are most unsure of. There shouldn't be any huge movement, but as soon as their usages are determined in Factions, they will either skyrocket in price or turn into worthless junk.
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Apr 12, 2006, 02:23 PM // 14:23
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#4
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Lion's Arch Merchant
Join Date: Aug 2005
Location: Atlanta
Guild: HEX
Profession: W/
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If you have less than 1.4 million in gold, I'd stick with gold. Things are just too uncertain until Factions is out.
If you have more than 1.4 million, I'd keep the first 1.4 million in gold (1 million in storage, 100,000 gold with each character) and then do what is always smart with the stock market -- diversify.
If, say, there is another million or so I'd split it equally between black dye ectos and shards. (Shards have done a decent job of staying around the 4k mark).
But the safe way is to keep as much in gold as you can. That's sort of the game equivalent of short term investment grade money market funds.
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Apr 12, 2006, 02:28 PM // 14:28
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#5
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Wilds Pathfinder
Join Date: Dec 2005
Guild: Acolytes of Lyssa [AL]
Profession: Me/A
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Quote:
Originally Posted by Lady Erighan
Just about everything is increasing in price except for weapons. Upgrades, runes, black and silver dyes are all increasing in price at a large rate. It's safe to say people are getting ready to mod and equip the new Factions items as quickly as they can.
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For that reason alone, I also agree that investing in Black Dye is a good choice. About a month-ish ago, Black Dye stayed about 7-7.5k at the traders, and sold for 6-6.5k from players. Now, Black is at a constant 8-8.5k at the traders, and sells for about 7k from players. So I really can't see Black Dye dropping in price as Factions nears. My favorite color combo is Navy, so I'm probably going to be spending much gold on Black + Blue for my new armor. Just about every other item is subject to fluctuation, including Ectoplasms, Shards, Rubies and Sapphires. So I would also suggest Black Dye as a means of converting your gold.
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Apr 12, 2006, 03:02 PM // 15:02
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#6
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Lion's Arch Merchant
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the most reliable and safe mean keep more then 1.4mil golds are obsidian keys. i have nearly 500 of those payed 950-1000g each. i call sell to the merchant when i want for 750g each if i need money really soon. or i can sell them to chest run ppl for 1k each with ease...
black dyes are good too. but there's a potential risk of different drop rates in factions.
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Apr 12, 2006, 03:06 PM // 15:06
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#7
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Desert Nomad
Join Date: Mar 2006
Location: Netherlands
Guild: [TYW] "The Young World"
Profession: A/Me
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Quote:
Originally Posted by nomed
At the moment I'd suggest black dyes. The price has been constant for a long time.
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Lol, black dyes have gone up from 7.5 to 9K, in just 3 days. This is most definitely not a good time to invest in dyes at all.
I paid 750g today, for a silver.
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Apr 12, 2006, 03:07 PM // 15:07
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#8
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Forge Runner
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The problem with black dye is that you can't get your money out when you need it as fast as you could by selling ecto/shards, unless you wanna toss your dye to the trader.
With shards or ecto you can pop into ToA and spam WTS 50 ecto or whatever and you'll probably find a buyer pretty fast. To sell 50 vials of black dye, you'll likely need several hours because people will want 1-5 vials.
But I suppose that's a small inconvenience compared to potentially losing your money.
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Apr 12, 2006, 03:14 PM // 15:14
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#9
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Wilds Pathfinder
Join Date: Nov 2005
Guild: Defenders of Gods
Profession: E/Me
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Quote:
Originally Posted by Alleji
The problem with black dye is that you can't get your money out when you need it as fast as you could by selling ecto/shards, unless you wanna toss your dye to the trader.
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That's the biggest reason why I won't invest in black dyes. I think too much time is wasted trying to recover your money. I would get maybe a few dozen, but nothing more. Diversity is the best choice. But then again, it's fake money - invests all of it in rubies and sapphires...
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Apr 12, 2006, 03:15 PM // 15:15
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#10
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Lion's Arch Merchant
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Dude just find people who give you things like damn cheap and buy them. That way you put your money into stuff, but can still earn a lot more if you sell em. Plus in case the prices go down, you still dont loose money...
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Apr 12, 2006, 03:16 PM // 15:16
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#11
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Ascalonian Squire
Join Date: Apr 2006
Guild: Jeepers Kreepers
Profession: W/Mo
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I remember when i first started playing silver was up to like 1- 1.5 k and i ended up getting a bunch of them and held on to them and the price dropped lol. So now, i don't bother with trying to do that stuff cause it usually turns out worse for me lol
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Apr 12, 2006, 03:23 PM // 15:23
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#12
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Furnace Stoker
Join Date: May 2005
Location: Houston, Texas
Guild: Dawn Treaders [DAWN]
Profession: W/Mo
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What about superior absorbs and vigors? The prices are going up gradually right now, but overall they seem to maintain a rather high value and they will always be used.
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Apr 12, 2006, 03:36 PM // 15:36
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#13
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Forge Runner
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Quote:
Originally Posted by Mournblade
What about superior absorbs and vigors? The prices are going up gradually right now, but overall they seem to maintain a rather high value and they will always be used.
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Completely impractical because they do not stack. If you have 500k you want to store, buying 10 sup absorbs and cluttering that much inventory space isn't exactly the smartest thing to do.
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Apr 12, 2006, 03:54 PM // 15:54
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#14
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Furnace Stoker
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If you have 1.4 Mil, you can't get gold though.
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Apr 12, 2006, 04:15 PM // 16:15
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#15
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Perfectly Elocuted
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I'd invest at least part in Weapon Mods. They'll be easy to sell (though not as easy as materials) cause everyone is going to be looking for new weapon skins. I think I'd avoid Ecto's and Shard's for the moment. Although it could be argued that the sudden drop in farmers (with opening of factions) could breed a price spike. I think it much more likely that people will be looking for new armors. And I think at least initially, it won't be hard at all to get rid of black dyes, with all the new armor sets. Rubies/Sapphires are a bigger gamble...but if they are used for something that people really want...then the payoff is much bigger.
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Apr 12, 2006, 04:26 PM // 16:26
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#16
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Desert Nomad
Join Date: Sep 2005
Location: Anywhere but up
Guild: The Panserbjorne [ROAR]
Profession: R/Mo
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Problem with weapons mods are they don't stack in your inventory. So space gets filled up fast. Really I think there will still be a fair number of people who'll want ectos and shards. I for one will, as I still need 2 pieces of the FoW armor. I don't see the prices of them skyrocketing, but I doubt they will fall through either.
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Apr 12, 2006, 05:32 PM // 17:32
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#17
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Wilds Pathfinder
Join Date: Feb 2006
Location: Tx, USA
Guild: The Infinite Monkeys [TYPE]
Profession: W/
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hm... 20 squares in stash + 1000 pp.
each char with 2x bags(runed) + belt pouch = 20 backpack + 5 belt + 2* 10 bags = 45 spaces + 100pp.
so, max is 1000 + 4*100pp + 4*45 spaces = 1400pp + 180 spaces
i'm curious to know exactly how much wealth you need to store, really...
eudas
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Apr 12, 2006, 05:56 PM // 17:56
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#18
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Krytan Explorer
Join Date: Aug 2005
Guild: Organised Spam
Profession: W/
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I can see a potential new job in guildwars: the banker. Someone who will keep big sums of money for someone else for a small fee. For example I have only once in almost a year's worth of playing needed to store my money in the storage, I'm sure the vast majority has never had more than 100k in gold, so there's a large potential of storage out there, but the problem is to trust each other.
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Apr 12, 2006, 07:59 PM // 19:59
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#19
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Academy Page
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What I currently collect for money storage is dark remains from Fissure of Woe - a few problems with this but one HUGE advantage over other methods of storing money
Takes up lots of inventory space
Difficult to obtain as most people just sell them to the merchant
Will ALWAYS hold their value at 15k per stack, immedeat cash as you simply sell it to the merchant
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Apr 12, 2006, 08:09 PM // 20:09
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#20
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Jungle Guide
Join Date: Feb 2006
Location: Imagination Land
Guild: I Swear She Was Eighteen [Gwen]
Profession: W/
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Black Dyes are the most stable of the materials, other than that ectos and shards but not stable, if rubies and saphhires go up then take those
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