Why is ecto falling in price so rapidly? - Guild Wars Forums

ibex333 · May 30, 2007, 10:11 PM // 22:11

What in the world is going on?

UW Farming? Well people have been farming for a while and that barely did anything to lower the price. It usually fluctuated between 7-10k on average.

People selling ecto for 4.5-5k? That's insane! Mabe it's the HM with it's higher drop rate?

This is the lowest I ever seen, and I've been playing since Prophecies Beta. Unless I am forgetting something, I never seen ecto go down this low. I lost a lot of money due to this price drop, and now I am simply broke... Yeah.. Boo hoo, and all that.

Does anyone know if the silly pink bits will ever go up again or that's unlikely in the near future?

wetsparks · May 30, 2007, 10:23 PM // 22:23

If you lost a lot of money due to the price drop, you were rich enough to buy a lot of ectos and are still pretty rich compared to 90% of the community. And yes they are probably dropping more because of hard mode, and the UW passage scrolls that allow you to go there without favor. They also probably dropped because people freaked out over loot scaling and there are no new professions coming for new FoW armor so there is less demand.

w00t! · May 30, 2007, 10:56 PM // 22:56

No surprise that ectos have dropped, due to a multitude of reasons
1) More supply (hard mode, ectos exempt from loot scaling)
2) Less demand (most who want FoW have it by now)

I for one think that ecto are finally priced close to what they should be. As a matter of fact, I'd speculate that they should eventually level out at around 2.5 ecto.

But one thing can save ectos: IF (and that's a big IF) GW:EN give special GW2 unlocks for people who have FoW armor, then demand, and price, will rise.

Malice Black · May 30, 2007, 10:57 PM // 22:57

Bye bye ecto prices

Mesmer in Need · May 30, 2007, 11:12 PM // 23:12

Most people think that hm increases the drop rate of ectos, which it does not. If you read the updates, you will find this. But the supply has gone up, because of things like the scatter ai in nm toned down, and the supply has gone down. Rubies now cost more than ectos. Lockpicks ftw.

Noz Crow · May 30, 2007, 11:14 PM // 23:14

With loot scaling no one has any money. Even people that had hordes of ectos have had to sell them to buy lockpicks and other items. Everyone is poor and will stay poor so get used to it.

GreatLich · May 30, 2007, 11:24 PM // 23:24

It's a good thing then that having money is by no means required to play and enjoy the game.

Malice Black · May 30, 2007, 11:28 PM // 23:28

Quote:

Originally Posted by GreatLich

It's a good thing then that having money is by no means required to play and enjoy the game.

That's bollox. You never needed money to enjoy/play GW. GW is the only MMO I've played were you can get away with having no money at all.

Dauntless · May 30, 2007, 11:35 PM // 23:35

Quote:

Originally Posted by Malice Black

That's bollox. You never needed money to enjoy/play GW. GW is the only MMO I've played were you can get away with having no money at all.

Yea thats pretty much what they were saying.

GreatLich · May 30, 2007, 11:37 PM // 23:37

Quote:

Originally Posted by Malice Black

That's bollox. You never needed money to enjoy/play GW. GW is the only MMO I've played were you can get away with having no money at all.

Reading comprehension ftw!

Kook~NBK~ · May 30, 2007, 11:37 PM // 23:37

Loot Scaling has greatly reduced the amount of gold being introduced into the game. Because of this, the value of that gold has gone up. (According to the spam from gold sellers, their prices have nearly doubled.) And it's affecting everything. Ectos are only one indicator. Vigor runes have dropped in price as well (from around 32K dow2n to 16-17K). Dye prices have also taken a nose dive. It's still wierd to see "WTS Black Dye, 5k" stuff.

Another factor is everyone is selling off their stashes of ectos and more valuable items to cut their losses. That further lowers the prices of those items.

Captain Arne Is PRO · May 30, 2007, 11:53 PM // 23:53

As soon as they announced the UW-armor to be, the prices started to plummet.

Linksys · May 31, 2007, 06:57 AM // 06:57

Whatever the cause, the lower in price they drop the better. It lets more people get the FoW armor.

Iuris · May 31, 2007, 07:33 AM // 07:33

Treads like this make want to kiss Anet. Prices dropping, gold gaining in value, market stabilizing - love it.

And watching these poor people complaining how poor they are becoming

I wonder when they will realize that comparative prices are what matters, not the actual amount of gold.

ibex333 · May 31, 2007, 03:26 PM // 15:26

Quote:

Originally Posted by Iuris

Treads like this make want to kiss Anet. Prices dropping, gold gaining in value, market stabilizing - love it.

And watching these poor people complaining how poor they are becoming

I wonder when they will realize that comparative prices are what matters, not the actual amount of gold.

That's all good and well, but if you'd grind for days and months like me just to suddenly loose most of the money you worked so hard to get, you'd feel bad too.

It's nice to be someone who was always broke and couldn't care less... You can finally afford just about anything.

But those who wasted lots of time to get some money would naturally feel bad.

I'm not one of those money obsessed freaks that spend all their time farming.. But I grinded hard to get my MILLION so that I could invest that in Drunkard, Lucky, and Sweet Tooth titles.... I made a mistake of investing a big part of it into ecto, and now I have only 200k left.... *tear*

Also the mere fact that now nubs can afford FoW armor is simply insulting for those who were saving up for it for many months... I didn't "ebay" my FoW armor.... I grinded very hard for it for a very long time. How is it "just" or "fair" that not just about anyone can get it?

Apparently Anet has just "negated" many core elements of this game. The way it used to be is that if you were a nub, you didnt have to be rich to be cool... You could always get collector armor and collector/crafter items and be just as efficient a anyone who has millions... But if you were someone who just cant be content with collector stuff you could go a little higher and get "leet" stuff - that was completely unnecessary.

The way it is now, is just about anyone can be "leet"... Well that's all good and well, but then why are all the collector/crafter things still ingame? Why are the purples still in game? They are simply not needed now when barely anyone will look at this stuff.

When Prophecies 1st came out, purples and collector things were still valuable. People actually still valued those to some extent back then. Now it's all crap and no one wants it. IMO what happened was not a nice change to make everyone equal. What happened is complete destruction of economy!

GW now, is like Soviet Union at the time of it's collapse!

Dauntless · May 31, 2007, 03:46 PM // 15:46

Good lord people. Those of you who are complaining, you have to realize that in buying up or farming for Ectos, you made an investment. The market for your investment has crashed. This happens all the time in real life. Remember the .com boom? A lot of people lost money when their ill founded investment went under. It happens.

My God you people all want everything served to you on a silver platter. You all speak of entitlement, well no one is entitled to anything but basic human rights. One of those rights certainly isn't the right to be filthy rich in an inconsequential video game. If anything you whiners should be grateful for the experience you've gained in loosing in a video game. Learn to invest in something that has a more constant value, and learn to buy low and sell high. Just be glad your "losses" happened in a video game and not in real life.

Don't blame Anet. They aren't the ones who were hoarding Ectos, you have your in game rich buddies to blame for that. All those people who buy things for 100k+xx Ectos. The Ecto Market shrunk because of hoarders not because of Anet. Anet added hard mode and scaled loot. You all complained and as a result, like the wonderful company that they are, they removed scaling from the items we requested(greens, golds, purples, rare mats like ECTOS). So don't blame them. You did this to yourselves.

Silly Warrior · May 31, 2007, 03:52 PM // 15:52

It's gone down before, it will go up again.

This happened before the release of Factions, and I'm sure the Ecto price will go back to a more 7kish state soon enough.

Perhaps more people are simplying learning how to farm Ectos.

Masseur · May 31, 2007, 05:09 PM // 17:09

and it's not like it's heading down, it went from around 8K-9K to around 6K and stayed (merchant prices). It's like it's fixed at that amount give or take 500g. It used to rise and fall much more, but now it's kinda stuck and doesn't seem to ever go outside 5.5K-6.5K, very strange. I'm one of those that are never poor, but I'm not filthy rich either. I could have bought FoW armor for many of my characters if I had thought it even remotely worth it or if I actually thought that armor looked decent, but I don't on either account.

If the prices go up, good for me since I don't keep them when they drop, I sell them right away, but then on the other side, lower prices are good for the users who wish to waste their money on that Armor.

Firebaall · May 31, 2007, 07:38 PM // 19:38

There is no future in hoarding wealth in the form of ecto. There are no new characters that are comming out with new expansions/chapters. What this means, is there is not going to be an increased demand for the pink goo.

If you don't want to lose more of your net worth, sell it now. Buy something that has a set value, and is stackable. I wish there was another money item, but that's not going to happen either. Gemstones with a set value would have been very cool.

When I sell a rare item, I still have to deal with the 100K +xxx ecto crowd. I sell the ecto off to other players @ -1K vendor prices. I only keep 15e on hand for those times that the 100K +15e deal inevitably pops up. Get smart, dump the ecto now.

ShadowsRequiem · May 31, 2007, 07:50 PM // 19:50

Quote:

Originally Posted by Iuris

Treads like this make want to kiss Anet. Prices dropping, gold gaining in value, market stabilizing - love it.

And watching these poor people complaining how poor they are becoming

I wonder when they will realize that comparative prices are what matters, not the actual amount of gold.

I'm just wondering how in hell you consider this stabilizing(ectos dropping 5k value is sure stabilized to me).... before ectos prices were good, now everyone is freaking out like its doomsday and fanatically trying to find a new standard for gold over 100k trades.

May 30, 2007, 10:11 PM // 22:11	#1
ibex333 Desert Nomad Join Date: Jun 2005 Location: Brooklyn, NY Guild: [EYE] Profession: Rt/A	Why is ecto falling in price so rapidly? What in the world is going on? UW Farming? Well people have been farming for a while and that barely did anything to lower the price. It usually fluctuated between 7-10k on average. People selling ecto for 4.5-5k? That's insane! Mabe it's the HM with it's higher drop rate? This is the lowest I ever seen, and I've been playing since Prophecies Beta. Unless I am forgetting something, I never seen ecto go down this low. I lost a lot of money due to this price drop, and now I am simply broke... Yeah.. Boo hoo, and all that. Does anyone know if the silly pink bits will ever go up again or that's unlikely in the near future?

May 30, 2007, 10:57 PM // 22:57	#4
Malice Black Site Legend Join Date: Oct 2005	Bye bye ecto prices __________________ Old Skool '05

May 31, 2007, 03:46 PM // 15:46	#16
Dauntless Lion's Arch Merchant Join Date: Jun 2005 Profession: Mo/	Good lord people. Those of you who are complaining, you have to realize that in buying up or farming for Ectos, you made an investment. The market for your investment has crashed. This happens all the time in real life. Remember the .com boom? A lot of people lost money when their ill founded investment went under. It happens. My God you people all want everything served to you on a silver platter. You all speak of entitlement, well no one is entitled to anything but basic human rights. One of those rights certainly isn't the right to be filthy rich in an inconsequential video game. If anything you whiners should be grateful for the experience you've gained in loosing in a video game. Learn to invest in something that has a more constant value, and learn to buy low and sell high. Just be glad your "losses" happened in a video game and not in real life. Don't blame Anet. They aren't the ones who were hoarding Ectos, you have your in game rich buddies to blame for that. All those people who buy things for 100k+xx Ectos. The Ecto Market shrunk because of hoarders not because of Anet. Anet added hard mode and scaled loot. You all complained and as a result, like the wonderful company that they are, they removed scaling from the items we requested(greens, golds, purples, rare mats like ECTOS). So don't blame them. You did this to yourselves. Last edited by Dauntless; May 31, 2007 at 03:53 PM // 15:53..

May 31, 2007, 03:52 PM // 15:52	#17
Silly Warrior Hold it! Join Date: Jul 2006 Location: In your local courthouse. Guild: The Arctic Marauders [TAM] (elite PvE, PM)	It's gone down before, it will go up again. This happened before the release of Factions, and I'm sure the Ecto price will go back to a more 7kish state soon enough. Perhaps more people are simplying learning how to farm Ectos. __________________ The Arctic Marauders [TAM] Genius may have its limitations, but stupidity is not thus handicapped.

May 30, 2007, 10:23 PM // 22:23	#2
wetsparks Desert Nomad Join Date: Nov 2006	If you lost a lot of money due to the price drop, you were rich enough to buy a lot of ectos and are still pretty rich compared to 90% of the community. And yes they are probably dropping more because of hard mode, and the UW passage scrolls that allow you to go there without favor. They also probably dropped because people freaked out over loot scaling and there are no new professions coming for new FoW armor so there is less demand.

May 30, 2007, 10:56 PM // 22:56	#3
w00t! Wilds Pathfinder Join Date: Aug 2005 Location: Sorrow's Furnace Hot Tub Guild: RoS Profession: Mo/Me	No surprise that ectos have dropped, due to a multitude of reasons 1) More supply (hard mode, ectos exempt from loot scaling) 2) Less demand (most who want FoW have it by now) I for one think that ecto are finally priced close to what they should be. As a matter of fact, I'd speculate that they should eventually level out at around 2.5 ecto. But one thing can save ectos: IF (and that's a big IF) GW:EN give special GW2 unlocks for people who have FoW armor, then demand, and price, will rise.

May 30, 2007, 11:12 PM // 23:12	#5
Mesmer in Need Forge Runner Join Date: Mar 2006 Guild: [ToA]	Most people think that hm increases the drop rate of ectos, which it does not. If you read the updates, you will find this. But the supply has gone up, because of things like the scatter ai in nm toned down, and the supply has gone down. Rubies now cost more than ectos. Lockpicks ftw.

May 30, 2007, 11:14 PM // 23:14	#6
Noz Crow Academy Page Join Date: Apr 2006 Profession: R/Mo	With loot scaling no one has any money. Even people that had hordes of ectos have had to sell them to buy lockpicks and other items. Everyone is poor and will stay poor so get used to it.

May 30, 2007, 11:24 PM // 23:24	#7
GreatLich Lion's Arch Merchant Join Date: Aug 2005	It's a good thing then that having money is by no means required to play and enjoy the game.

May 30, 2007, 11:37 PM // 23:37	#11
Kook~NBK~ Grotto Attendant Join Date: Mar 2005 Location: A little chalet outside Drok's Guild: Natural Born Killaz	Loot Scaling has greatly reduced the amount of gold being introduced into the game. Because of this, the value of that gold has gone up. (According to the spam from gold sellers, their prices have nearly doubled.) And it's affecting everything. Ectos are only one indicator. Vigor runes have dropped in price as well (from around 32K dow2n to 16-17K). Dye prices have also taken a nose dive. It's still wierd to see "WTS Black Dye, 5k" stuff. Another factor is everyone is selling off their stashes of ectos and more valuable items to cut their losses. That further lowers the prices of those items.

May 30, 2007, 11:53 PM // 23:53	#12
Captain Arne Is PRO Banned Join Date: Jun 2005	As soon as they announced the UW-armor to be, the prices started to plummet.

May 31, 2007, 06:57 AM // 06:57	#13
Linksys Jungle Guide Join Date: Apr 2006	Whatever the cause, the lower in price they drop the better. It lets more people get the FoW armor.

May 31, 2007, 07:33 AM // 07:33	#14
Iuris Forge Runner Join Date: Nov 2006 Guild: Crazy ducks from the Forest Profession: W/	Treads like this make want to kiss Anet. Prices dropping, gold gaining in value, market stabilizing - love it. And watching these poor people complaining how poor they are becoming I wonder when they will realize that comparative prices are what matters, not the actual amount of gold.

May 31, 2007, 05:09 PM // 17:09	#18
Masseur Wilds Pathfinder Join Date: Dec 2005 Location: Southern California Profession: R/Mo	and it's not like it's heading down, it went from around 8K-9K to around 6K and stayed (merchant prices). It's like it's fixed at that amount give or take 500g. It used to rise and fall much more, but now it's kinda stuck and doesn't seem to ever go outside 5.5K-6.5K, very strange. I'm one of those that are never poor, but I'm not filthy rich either. I could have bought FoW armor for many of my characters if I had thought it even remotely worth it or if I actually thought that armor looked decent, but I don't on either account. If the prices go up, good for me since I don't keep them when they drop, I sell them right away, but then on the other side, lower prices are good for the users who wish to waste their money on that Armor.

May 31, 2007, 07:38 PM // 19:38	#19
Firebaall Krytan Explorer Join Date: Sep 2006	There is no future in hoarding wealth in the form of ecto. There are no new characters that are comming out with new expansions/chapters. What this means, is there is not going to be an increased demand for the pink goo. If you don't want to lose more of your net worth, sell it now. Buy something that has a set value, and is stackable. I wish there was another money item, but that's not going to happen either. Gemstones with a set value would have been very cool. When I sell a rare item, I still have to deal with the 100K +xxx ecto crowd. I sell the ecto off to other players @ -1K vendor prices. I only keep 15e on hand for those times that the 100K +15e deal inevitably pops up. Get smart, dump the ecto now.