Apr 23, 2007, 04:25 PM // 16:25 | #1 |
Desert Nomad
Join Date: Nov 2006
Location: @ Sensation Black
Guild: Death is Energy [DIE] ~ Raining fame alliance
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~~Questions about ECTOS~~
Hi all
Ectos have been 11k, 10k, 9k, 8.5k now.. What is going on?! I managed to sell all my ectos at 8k ea. I hope that's good. Can someone explain me what's going on with ectos atm, and what you think is going to be the price in a few days? Thanks |
Apr 23, 2007, 04:31 PM // 16:31 | #2 |
Site Contributor
Join Date: Jun 2005
Profession: R/
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Supply and demand. You should have held on to them tho, I hear they're going up.
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Apr 23, 2007, 04:32 PM // 16:32 | #3 |
Wilds Pathfinder
Join Date: Dec 2005
Guild: Shyft Machine [MYTH]
Profession: E/
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Hard modes means they drop more often. Plus with the new scrolls America can have access even when they don't have favor.
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Apr 23, 2007, 04:33 PM // 16:33 | #4 |
Lion's Arch Merchant
Join Date: Dec 2006
Location: Holland
Guild: LoD
Profession: P/W
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The update on friday made it so that when you solo farmed you got 1/8th of the drops you got before, including ecto. Everyone started buying ecto's when they knew that while it was still cheap because it was certain they would increase in price dramaticly since in essence solo farming had no more use (since no matter how many people you were with in a group you got drops as if you were with a full group) and thus ecto prices rose by the hour (quit litterally, when I went off they were at 13k and I think it went up a bit still after that)
The follow-up update made so that green drops, rare drops, rare material drops (including ecto) and several other types returned to their normal drop rates, and in normal mode the AI was decreased so enemies scatter only at very high damage (the VwK W/Rt build they don't scatter at all any more) so farming UW has become twice as fast as before the update for a good number of commen builds, so ecto prices have dropped under what they first were. Hope this clears it up a bit |
Apr 23, 2007, 04:42 PM // 16:42 | #5 |
Desert Nomad
Join Date: Nov 2006
Location: @ Sensation Black
Guild: Death is Energy [DIE] ~ Raining fame alliance
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Thanks guys
Any more opinions about prices? |
Apr 24, 2007, 01:50 PM // 13:50 | #6 |
Desert Nomad
Join Date: Nov 2006
Location: @ Sensation Black
Guild: Death is Energy [DIE] ~ Raining fame alliance
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Back again ^^
Got a question: Ectos were 8.5k yesterday, now they are (still?) 8.5k. Can someone tell me if they have been 9k or 8k today? Thanks if someone replies to my silly questions xD |
Apr 24, 2007, 02:03 PM // 14:03 | #7 |
Wilds Pathfinder
Join Date: Jan 2007
Location: Arad, Romania
Guild: The Arctic Marauders [TAM] - now recruiting!
Profession: R/
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Umm.. just check a Rare Material Trader for price, and then sell for 500gp-1k less. Buy for 1.5k less if you manage it. No need to wait for forum posts.
Last edited by malko050987; Apr 24, 2007 at 02:06 PM // 14:06.. |
Apr 24, 2007, 02:36 PM // 14:36 | #8 |
Jungle Guide
Join Date: Jul 2006
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if a permanent ecto-price drop of 1-2k would happen, it would screw up the whole gw-economy. imo, they won't drop. only rise.
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Apr 24, 2007, 02:41 PM // 14:41 | #9 |
Forge Runner
Join Date: Jun 2006
Location: US
Guild: Old Married Gamers {OMG}
Profession: W/
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still around 8 to 8.5 from what i seen so far today
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Apr 24, 2007, 07:34 PM // 19:34 | #10 |
Desert Nomad
Join Date: Nov 2006
Location: @ Sensation Black
Guild: Death is Energy [DIE] ~ Raining fame alliance
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Thanks guys, prices have been solid for 2 days now ^^
Changing from 9-8.5k still. |
Apr 24, 2007, 08:17 PM // 20:17 | #11 |
Forge Runner
Join Date: Jan 2006
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Heh, mass histeria.
Prices drop a bit, some people panic and sell. Due to increased supply, prices drop a bit more. Due to price drop, more people panic and sell. Due to much increased supply, prices drop even more. Due to large price drop, even more people panic and sell And so on... Prices now probably won't drop much more. |
Apr 25, 2007, 10:40 AM // 10:40 | #12 |
Desert Nomad
Join Date: Apr 2006
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they will drop.. they went up coz ppl panicked, started dropping a lot in uw, dropped down, ppl started buying, went up, now they are dropping down because the buying is starting to subside.
in the long run theyll drop down imho.. used to be 6k a long time ago, i see them getting 7k soon enough |
Apr 25, 2007, 02:05 PM // 14:05 | #13 |
Jungle Guide
Join Date: Jul 2006
Location: The Land of Hyrule
Guild: [GoE]
Profession: W/
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As for as remeber, I've always bought and sold ectoes for 8.5k, always. I hope they will fall, like this I can have my fow faster xD And yea, I'd be pleased to see all the GW economy be screwed up as, atm, it's simply "lot of laugh"
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Apr 25, 2007, 02:23 PM // 14:23 | #14 |
Desert Nomad
Join Date: Nov 2006
Location: @ Sensation Black
Guild: Death is Energy [DIE] ~ Raining fame alliance
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Argh, ectos 8k @ trader atm.
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Apr 25, 2007, 02:35 PM // 14:35 | #15 |
Furnace Stoker
Join Date: Jun 2005
Location: Walking the ruins of Ascalon
Guild: DVDF
Profession: Me/
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I think the price will drop more so get used to it.
Farming for money and noramal mercnant items is dead. People are going to move into ecto farming since ectos are not affected by the loot changes. Bots will hit the UW to farm ectos to get their money. Good thing that you sold your ectos. Time to find some other means of storing gold Black dye? |
Apr 25, 2007, 02:51 PM // 14:51 | #16 |
Desert Nomad
Join Date: Nov 2006
Location: @ Sensation Black
Guild: Death is Energy [DIE] ~ Raining fame alliance
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Yeh thats true, just sold some ectos at 7.9k ea when trader was 8k ^^
I have 150 shards atm, seeing they are always ~3k, lots of buyers, no sellers, and farming fow is a bit harder? |
Apr 25, 2007, 08:11 PM // 20:11 | #17 | |
Desert Nomad
Join Date: Nov 2005
Location: New Zealand
Guild: Xen Of Onslaught (Xen of the Pacific division)
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Quote:
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Apr 25, 2007, 10:00 PM // 22:00 | #18 |
Lion's Arch Merchant
Join Date: Jul 2006
Location: Ireland
Profession: N/Me
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Ectos are a self regulating (to a degree) form of currency. The farmers, the ones who get it, don't want to sell it for too cheap a price, so they, as a collective (but not through collusion, just general self interest) will try to keep the ecto price up. Since it is, not easier, but more common to get ectos now, many would be buyers might go to the UW as a means of getting their own ectos and an increase of ectos in the system would be the result.
If ectos remained, from the farmers price, at 8k or so, a counter market, maybe through PvE guilds that would do the UW (like mine) would come about, possibly. Now, since the ecto price would still be 'high', but there are more of them, at cheaper prices, the 'high' price of ectos may drive a steady rate of inflation. More ectos=more gold, and more gold would mean that items could be sold at a higher price. If ectos drop in price, we would still highly priced items, but they would generally be worth the same, i.e 100k + 8E before update, and maybe +12 E after it. The price has gone up, but you are still paying the same amount, because ectos have dropped. Two possible scenarios, or, most likely, I'm just talking bull. You decide... |
Apr 25, 2007, 10:14 PM // 22:14 | #19 |
Forge Runner
Join Date: Dec 2005
Location: America. How about you, commie?
Guild: Fellows of Mythgar [FOM]
Profession: R/Mo
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Ecto prices are declining in general, but in terms of if you want to make a bit more money, sell to players. They often buy them for less than the trader would sell to them for, but for more than the trader would buy from a person for. (Not too hard to find people buying ectos, look in ToA or LA)
Took me 5 days to farm my 15k armor, and that was before the farming code was implemented, and before Ettins were nerfed. To me I will never get FoW, and 15k is enough of an achievement. |
Apr 26, 2007, 08:22 AM // 08:22 | #20 |
Wilds Pathfinder
Join Date: Jan 2007
Location: Arad, Romania
Guild: The Arctic Marauders [TAM] - now recruiting!
Profession: R/
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Ranger FoW looks bad. Primeval rocks, though.
And to be on-topic: The ecto price will become stable again as the new farmers get into it and get used to the new drop rate. It will take a while, though. Last edited by malko050987; Apr 26, 2007 at 08:25 AM // 08:25.. |
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