Oct 29, 2009, 10:55 AM // 10:55 | #1 |
Academy Page
Join Date: Apr 2008
Location: DK
Guild: [HATE]
Profession: E/
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Armbarces vs Ectos
Come on!
Why is it what the price on Ectos is going up but amoung of ectoes for an Armbarces is not going down.. Thats lame .. or is it just me? then the price on e's was 4.5k u could get an armbrace for 50e Now that the price is 6.5k u still cant get an armbrace for under 50e .. (48e) sad panda :/ |
Oct 29, 2009, 11:05 AM // 11:05 | #2 |
Lion's Arch Merchant
Join Date: Apr 2006
Guild: [CKIE]
Profession: W/Me
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because ecto went up?
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Oct 29, 2009, 12:05 PM // 12:05 | #3 |
Frost Gate Guardian
Join Date: Sep 2008
Location: Hungary
Guild: Ministry of Fate [MoF]
Profession: Rt/
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The more expensive the ectos are, the more value they represent within the ecomomy, therefore, the price of armbraces (give in ectoes) should go down.
But to answer the OP, I think people simply don't care about the prices of braces. If an armbrace cost 48 ectos yesterday, it does today, too, no matter that the price of ectoes went up in the meantime. |
Oct 29, 2009, 12:22 PM // 12:22 | #4 |
Furnace Stoker
Join Date: Jun 2005
Guild: gwpvx.com/user:dzjudz
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I've wondered about this too. It seems many items have a value of a set amount of ectos, not the amount of money those ectos represent and changing in the amount of ectos according to variable ecto prices.
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Oct 29, 2009, 12:25 PM // 12:25 | #5 |
Forge Runner
Join Date: Feb 2007
Location: Spain
Guild: LHV
Profession: R/N
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Oct 29, 2009, 12:39 PM // 12:39 | #6 | |
Ascalonian Squire
Join Date: Oct 2009
Guild: Fashion Police
Profession: A/W
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Quote:
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Oct 29, 2009, 12:59 PM // 12:59 | #7 |
Wilds Pathfinder
Join Date: Jan 2008
Guild: Servants of the Dragon Flames [SODF]
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The price of ectos is only going up right now because so many people are afraid of big changes to the UW. A lot of people suddenly have a higher demand because of a perceived future scarcity, which may or may not be well founded. By this time next week, ectos could very well be trading at 4.5k or so again. The price of high end items, like armbraces, will be much less subject to change than ectos. Why should anyone lower the number of ectos for an armbrace if next week those ectos are expected to be worth less?
The price of ectos is higher at the moment than is justified really. If you remember prices around and shortly before the time of perma form's existence, ectos were pretty regularly going for 4.7-5k. Regardless of what changes are made to kill off UWSC, there will still be a host of other reliable ecto farming techniques (unless of course they shut down the entire UW... unlikely in my opinion... and even then people would still have Tooooooooombs to farm from). If you recall, armbrace prices have dropped a great deal in the last few years, mostly because of the relative ease of obtaining ectos. |
Oct 29, 2009, 01:14 PM // 13:14 | #8 |
Wilds Pathfinder
Join Date: Jun 2008
Location: Denmark
Guild: Jade Reapers [JD]
Profession: W/
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because less ppl farm DoA maybe.. + supply<Demand (cuz of HoM)
=) |
Oct 29, 2009, 01:59 PM // 13:59 | #9 |
Hell's Protector
Join Date: Aug 2005
Location: Canada
Guild: Brothers Disgruntled
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Armbraces are "worth" whatever people will pay for them. There is no Trader to set any sort of price for them.
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Oct 29, 2009, 02:30 PM // 14:30 | #10 |
Krytan Explorer
Join Date: Jan 2006
Guild: [GoE]
Profession: R/
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That. As long as somebody pays 50e for an armbrace, thats what people sell them for.
Ecto's are always limited in price by the material trader; to high/low and people will prefer to use the trader instead. Armbraces are limited by the ammount available and the demand; as long as people pay the price thats what they are valued at. |
Oct 29, 2009, 02:30 PM // 14:30 | #11 |
Wilds Pathfinder
Join Date: Jul 2006
Location: America -5 GMT
Profession: Me/
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Agree, Armbraces aren't worth 40-42e now. I have had no problems selling for 48e at all. If you look, most people are still trying to buy for 45e, so your claim of 40-42e is just wrong.
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Oct 29, 2009, 02:35 PM // 14:35 | #12 |
Ascalonian Squire
Join Date: Jul 2009
Location: EST, US.
Profession: E/
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Honestly, a post on Guru won't change the prices. The people that work to get armbraces decide what they'll sell for and that's about it. I've been selling my braces for 46-48 most of the time, but if I go out and say WTS Armbrace for 48e and I get plenty of offers quickly. I've also had people offering 50e for an armbrace half the time so to me it seems like some of the buyers just want to get their item and be done with it.
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Oct 29, 2009, 02:51 PM // 14:51 | #13 |
Forge Runner
Join Date: Feb 2007
Location: Las Vegas
Guild: Enraged Whiny Carebears [oR]
Profession: W/E
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who cares. take advantage and cash in before these complete idiots realize their prices are way off. there's nothing wrong with capitalizing on other peoples stubborn stupidity.
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Oct 29, 2009, 02:56 PM // 14:56 | #14 |
Atra estern?? ono thelduin
Join Date: Jan 2008
Location: Madness Incarnate
Guild: [Duo]
Profession: W/P
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there hasn't been enough time to adjust. and we still don't know if this volatile change in ecto prices is just temporary or if it will remain permanent.
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Oct 29, 2009, 03:00 PM // 15:00 | #15 |
Desert Nomad
Join Date: Mar 2008
Location: in a house
Guild: The Knitters Guild
Profession: W/R
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This all comes down to 2 simple theories of Human Behavior.
1) People are stupid. 2) People are Lazy and that makes them stupid. So here I was trying to buy an Everlasting tonic for 350K and I say to the dude, hey buddy here is 70 ectos. He is like no way I want 88 ectos. I am like forget that... What about if I sell it to you for Lockpicks and then buy the lock picks back. He is like? That sounds stupid. I said Stupid is as stupid does and explained to him that I can not trade more than 100K at a time. We agreed that 100K = 80 picks at 1250g, the going rate always cause there is a fixed value to the picks. So I traded 280 lockpicks for the Everlasting Tonic. Then I bought back the lockpicks in bunches of 100K for 80 of them. The guy said after the trade, Ectos are 19 for 100K now! You ripped me off!!! I was like??? Did you not want 350K for the tonic??? Did I not give you 350K for a tonic? So what's the big deal? He said it should have been 88 Ectos. I said that's rippig me off you stupid person. So as you can see Ectos should not be used to trade stuff..it should be Lockpicks as they have a steady value. But there are stupid people that will comment that my idea is just stupid. In my way you could trade 7 stacks of lockpicks for a fixed value of 312,500K pre stack or a total of 2,187,500 gold + 100K for 2.2 Million gold a trade..so um what is worth that much? |
Oct 29, 2009, 03:19 PM // 15:19 | #16 |
Jungle Guide
Join Date: Apr 2006
Location: midwest
Guild: AE
Profession: W/Me
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The price of armbraces always seem to lag behind a little. Ectos will level out and the economy will adjust. Always seems to.
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Oct 29, 2009, 03:38 PM // 15:38 | #17 | |
Wilds Pathfinder
Join Date: Sep 2005
Guild: WTS GW2 items for Zkey
Profession: Mo/
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Quote:
Not a major problem, but it's a lot more inconvenient than being left with stacks of ecto, which are already the staple currency for 100k+ trades. (And there's plenty of mini pets and 2 everlasting tonics that are worth more than 2.2 million gold) |
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Oct 29, 2009, 05:38 PM // 17:38 | #18 |
Furnace Stoker
Join Date: Jun 2005
Guild: gwpvx.com/user:dzjudz
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Oct 29, 2009, 06:06 PM // 18:06 | #19 |
Frost Gate Guardian
Join Date: Jul 2006
Location: Deldrimor Warcamp
Profession: Mo/W
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It is a great idea but people controlling the economy (aka those with stacks of ectos) will never agree to that
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Oct 29, 2009, 07:42 PM // 19:42 | #20 |
Furnace Stoker
Join Date: Apr 2005
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Most items that are mainly traded in ectos had their prices in ectos unchanged or not adjusted correctly according to the ecto price rise. The prices WILL ofcourse balance with time, even armbraces should be worth less ectos now, for the simple fact that gemstone sets price in gold hasn't changed in the last weeks.
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