Economics & Ectos! - Page 2 - Guild Wars Forums

kade · Dec 21, 2005, 04:18 PM // 16:18

do what i did...sell half and keep the rest, play it safe

Hells Vengeance · Dec 21, 2005, 04:21 PM // 16:21

Quote:

Originally Posted by kimo the healer

That's not the real reason.
We are all aware a 55 monk can go down with a ss necro.

But, before the first nerf:
You can go down by yourself with protective bond and get ectos easily.

Then, before the second nerf:
You can go down by yourself with protective spirit/Balt aura and get ectos easily.

Now, because of the nightmares & AoE nerf:
You need an ss necro to come along.
Twice the man power, therefore half the reward.
How does that increase price of ectos?

What I really meant is a lot more people know about it now because they ask the people spamming "55 hp looking for SS/SV" (or the other way around) and the people who have those prof. ask what they are and find out for themselves what it is and make themselves able to do 2 man smite. It was sort of a quiet thing when you were soloing UW and not many people knew about it. Also people who didn't have a monk and has a necro can now join in.

Nater · Dec 21, 2005, 04:32 PM // 16:32

Quote:

Originally Posted by Big.Wayne

Hmmm,

well I guess I must make a decision about what to do with my stocks. .

120 Shard - @3.5K - Invested approx 420K
120 Ecto - @13K - Invested approx 1560K

Total Investment= 1980K

120 Shard - @2.8K - Current worth approx 336K
120 Ecto- @7.5K - Invested approx 900K

Current Investment Worth= 1236K

Total Loss= 744K

That's alot of money to lose! so now I have to decide to:

a) Sit it out, and speculate that *somehow* prices will increase again

b) Cash in quick and cut my loses now! before we see ecto selling @ trader for 5k

What would you guys do?

I'd hold. But then again, I'm like 85%(guess) of the rest of the GW population that is happy to see 100K sitting in the storage.

striderkaaru · Dec 21, 2005, 05:32 PM // 17:32

Quote:

Originally Posted by kimo the healer

Now, because of the nightmares & AoE nerf:
You need an ss necro to come along.
Twice the man power, therefore half the reward.

the amount of time it takes to do the run is considerably faster than doing it solo. hence, the reward isn't really cut in half. you can do 2-3 runs in the same amount of time you needed for 1 run before.

with regards to ecto price, the initial spike in price after the update was due to people speculating that ecto would be harder to get and buying them out from the traders. they were hoping to cash in while the price was still relatively low. however, with the 2 man runs, ecto is still as easy to get. thus the price is starting to stabilize again. for those who don't remember, stable ecto price is around 8-10k range.

PrincessKyra · Dec 21, 2005, 05:47 PM // 17:47

I believe that so many duos are farming UW that the market is flooding with ecto. The SS duos cut through smite runs as fast as (if not faster) than the solo monks before the nerfs.

People who wanted to jump into the invinci-monk trend but couldn't afford the 5 superior runes now have an easy job to fill. SS/SV Necros are so easy to make because you don't need expensive runes to be effective.

Partnering with an SS/SV necro makes life smoother for invinci-monks. With all of the smiting/aoe nerfs, solo monks have been looking for a fast and consistent farming routine to bring in steady income. Griffin runs are still easy, but not as fast as they used to be. UW solo is quite difficult for the average player nowadays.

I have no idea what the expansion will do to the economy, but I believe Anet will swing it's nerf bat at UW duo farming somehow before the expansion. This would cause the ecto price to rise again. So, IMO, hang onto the ecto that you've been stocking up on. It might not go up to 19k again soon, but I'm sure it will not stay as low as it is now.

kimo the healer · Dec 21, 2005, 05:56 PM // 17:56

I can't see this as being twice or 3 times as fast.
Whatever duo you have now going into uw, you can do it before nerf + baltizaar's aura.

sixdartbart · Dec 21, 2005, 07:41 PM // 19:41

Quote:

Originally Posted by Big.Wayne

Hi, your reply is a little off-key and sarcastic and there is really no need for that in this thread, this is a discussion about game economics and the variables involved. I do think that the griffon run was *trashed* and of course I have seen the steady stream of Mo/W flooding out the Augury door, no where near the amount there was 1-2 months ago, thanks sixdartbart for being the only person to reply who made no effort to *contribute* to a normal discussion.

Wow you are really quite a snotty type huh?
First off my post was meant to point out the flaw in your very first assumption about the griffon farming being "TRASHED" If that was actually correct these people would not be there making a living on them

Therefore the rest of your assumptions won't hold water either if the point you based everything else on was that far off base.
If you were stocking up on ectos at 12 to 13 k I would guess that you probably bought tech stocks in 1999?
They quite often go up to 17 or 18 k and just as often drop to 10 or 11k *rare material trader price* and they can often be purchased for 2 to 3k below that from sellers in game.
You said you have someone that works in the market? ask him to give you the basics on buy low sell high

My suggestion to you would be to sell them all now while prices are down and then buy them back when they go back up

I wonder if I'm being sarcastic this time???

Yogi's Pain · Dec 21, 2005, 09:54 PM // 21:54

The market is just flooded right now. More people farming and seemingly more drops is obviously dropping the prices. That will scare away the farmers from UW for a while, giving Ectos a chance to rebound a bit.

However with the Holiday Update coming, I would suspect that people would be occupied for the next week or two. So prices should bottom out and make a nice comeback at the beginning of the year.

However don't think you'll see prices ever hit 15k again, unless for some reason they are still worth anything after the release.

AncientPC · Dec 21, 2005, 10:45 PM // 22:45

Ectos peaked after the farming nerf (aka aoe-nerf) patch from people thinking that ectos would be harder to get since solo monking was nerfed.

I got sucked into the panic spree and bought ~100 ectos at this time for 13-13.5k each.

I bought roughly 70 ectos at 10k each when I was relatively sure this was the lowest they would go as I've never seen them lower ever since I've been playing. However that's been proven wrong because apparently people are selling for 9k each.

I could try to dump now, but it'd just be losing money so I'd rather wait it out. I haven't seen any reason to believe in all the rubies and sapphires hype. It's all speculation at this point.

Seissor · Dec 21, 2005, 11:01 PM // 23:01

Oh noes, the Guild Wars stock market crashed, today ecto traders in Lions Arch leapt from buildings :-o
Wasn't it great when they re-set the economy and major runes of vigor and absorb cost 200 gold so I bought up big :-)

twicky_kid · Dec 22, 2005, 05:31 AM // 05:31

Quote:

Originally Posted by Seissor

Oh noes, the Guild Wars stock market crashed, today ecto traders in Lions Arch leapt from buildings :-o
Wasn't it great when they re-set the economy and major runes of vigor and absorb cost 200 gold so I bought up big :-)

GW has a history of stock market crashes.

Its many factors at work here.

The supply of Ecto has not dropped. You need 2 to run UW but you make the run that much faster. No matter how many times you run UW the items are predetermined after it loads. 2 man runs allows you do runs faster so you can make many more runs in the same time you could 1 solo run.

We have more contries coming to GW. More new players with nothing. Some how I think Anet has a hand in this somewhere to make the prices be affordable for new players. Everyone's market is the same now and 1 server can make the prices change on other servers.

Now that griffon runs are much slower less gold is being pumped into the market. Got to have gold to pay for those Ecto to keep the prices high. Less gold coming in less people have to pay for the Ecto.

A lot of factors here of why the prices are dropping. I don't think its due to 1 reason over another it a collective effort. As for predictions of prices.

I see rubies and jewels going up as we get closer to chapter 2 release. Same goes for the monstrous items going up too. They will go up b/c of pure speculation and people might miss the window of low prices.

As we have seen when we find something new players pay big bucks to get it fast. SoA axe showed us that and now the IDS. New items will always spike in price due to competition and how much gold players have.

Don't know about dyes. Dyes hold the a close range of price. Some people have noticed a slight increase of drops for dyes. Dyes are a little different IMO with people mixing. Mixing is very expensive and removes the dye from the game. Really unsure of how Dyes will work out.

Dec 21, 2005, 04:18 PM // 16:18	#21
kade Lion's Arch Merchant Join Date: Oct 2005 Location: Currently residing in ToA dis 1 Profession: Mo/	do what i did...sell half and keep the rest, play it safe

Dec 21, 2005, 05:47 PM // 17:47	#25
PrincessKyra Frost Gate Guardian Join Date: Jun 2005 Guild: Crystal Mansion [CM] Profession: W/	I believe that so many duos are farming UW that the market is flooding with ecto. The SS duos cut through smite runs as fast as (if not faster) than the solo monks before the nerfs. People who wanted to jump into the invinci-monk trend but couldn't afford the 5 superior runes now have an easy job to fill. SS/SV Necros are so easy to make because you don't need expensive runes to be effective. Partnering with an SS/SV necro makes life smoother for invinci-monks. With all of the smiting/aoe nerfs, solo monks have been looking for a fast and consistent farming routine to bring in steady income. Griffin runs are still easy, but not as fast as they used to be. UW solo is quite difficult for the average player nowadays. I have no idea what the expansion will do to the economy, but I believe Anet will swing it's nerf bat at UW duo farming somehow before the expansion. This would cause the ecto price to rise again. So, IMO, hang onto the ecto that you've been stocking up on. It might not go up to 19k again soon, but I'm sure it will not stay as low as it is now.

Dec 21, 2005, 05:56 PM // 17:56	#26
kimo the healer Frost Gate Guardian Join Date: Oct 2005 Guild: ucsb Profession: E/Me	I can't see this as being twice or 3 times as fast. Whatever duo you have now going into uw, you can do it before nerf + baltizaar's aura.

Dec 21, 2005, 09:54 PM // 21:54	#28
Yogi's Pain Frost Gate Guardian Join Date: Sep 2005 Profession: E/Me	The market is just flooded right now. More people farming and seemingly more drops is obviously dropping the prices. That will scare away the farmers from UW for a while, giving Ectos a chance to rebound a bit. However with the Holiday Update coming, I would suspect that people would be occupied for the next week or two. So prices should bottom out and make a nice comeback at the beginning of the year. However don't think you'll see prices ever hit 15k again, unless for some reason they are still worth anything after the release.

Dec 21, 2005, 10:45 PM // 22:45	#29
AncientPC Forge Runner Join Date: Sep 2005 Location: Ascalon 1 Profession: W/R	Ectos peaked after the farming nerf (aka aoe-nerf) patch from people thinking that ectos would be harder to get since solo monking was nerfed. I got sucked into the panic spree and bought ~100 ectos at this time for 13-13.5k each. I bought roughly 70 ectos at 10k each when I was relatively sure this was the lowest they would go as I've never seen them lower ever since I've been playing. However that's been proven wrong because apparently people are selling for 9k each. I could try to dump now, but it'd just be losing money so I'd rather wait it out. I haven't seen any reason to believe in all the rubies and sapphires hype. It's all speculation at this point.

Dec 21, 2005, 11:01 PM // 23:01	#30
Seissor Jungle Guide Join Date: Aug 2005 Location: Squiggilyville. Population: Me. Guild: [oRly] Hello Kitty Death Squad Profession: R/Me	Oh noes, the Guild Wars stock market crashed, today ecto traders in Lions Arch leapt from buildings :-o Wasn't it great when they re-set the economy and major runes of vigor and absorb cost 200 gold so I bought up big :-)