Curse

snowman relic · Jun 23, 2010, 01:07 AM // 01:07

As many know the value of armbraces is deflating and at some point they will deflate to be the same as or less then ectos due to the farms they have for them and the face everyone is getting what they want of torment items so i propose we try to figure out how to do trades that would be to much for ectos next and i belive it will be minipets

I would like to hear any and all opinions because unless new content is applied some items may become unsellable because the seller feels cheated thank you for any input

EDIT: This is not a complaining post and im being serious what will we do if armbraces become worthless and it might take as long to farm 20 armbraces as one ecto but when a while group farms braces thats 8 armbs in the time for 20 ectos

Lishy · Jun 23, 2010, 01:29 AM // 01:29

If they become unsellable.. So what? Anything that isn't platinum wasn't intended to be used as money. The fact we have items that exceeds 100k is nothing more simple than a design flaw. Of course, players took it into their own hands and used ectos.

Horace Slughorn · Jun 23, 2010, 01:30 AM // 01:30

I'm not sure what this thread is asking? If you are suggesting people use minis as ecto place holders, you are a bit late, since people have been doing that a long time.

If on the other hand, this is just complaining about current brace prices, then you may want to check some of the other threads on that topic.

Sin Coil · Jun 23, 2010, 01:46 AM // 01:46

paypal is where its at.

Eluvatar · Jun 23, 2010, 01:58 AM // 01:58

Quote:

Originally Posted by Sin Coil

paypal is where its at.

I'v heard (dont quote me) that that will get you banned... just a guess thou

as far as the topic I doubt that a brace will ever be as easy to get as an ecto for the pure reason that ectos can be got from the trader and braces cant. also if the price of a brace goes way down (to ectos or lower) they will not be worth the work and people will go farm something else, then as time goes on people that want braces will for weapons will pay more for them cause people dont farm them and the price will rise.. then more people will farm and price will drop again... if guild wars lasts that long before gw2 comes out that is

Luminarus · Jun 23, 2010, 02:05 AM // 02:05

On average, an armbrace takes about the same amount of time to farm as does about 20 ectos, which is why the value is at about that. The only times this will severely fluxuate is when a new farm gets dropped such as Shadow Form did, and then also the value of ectos will drop.

Jidai · Jun 23, 2010, 03:11 AM // 03:11

Quote:

Originally Posted by Lishy

If they become unsellable.. So what? Anything that isn't platinum wasn't intended to be used as money. The fact we have items that exceeds 100k is nothing more simple than a design flaw. Of course, players took it into their own hands and used ectos.

NO!
The fact we have items that exceed 100k is player greed.
The economy is a player construct. Armbrace prices were bound to crash, has happened to ectos a number of times.

People have realised this and attempted to change the higher-end currency; z-keys, lockpick, gems.

The only stable item is gold. But if you want to store excess money I would suggest waiting till the Boardwalk is open and buying festival tickets, stable value and stackable.

Eluvatar · Jun 23, 2010, 03:29 AM // 03:29

hum I would have to say that lockpicks are extremely stable, can you name a time that the price of a lock pick has gone anywhere between 1.2 and 1.25k? didnt think so, so if you want so burry your money (and not put it in the ecto market) lockpicks are the best way to do that, tickets are dumb as they take up way too much space

Lanier · Jun 23, 2010, 04:38 AM // 04:38

Lets just get rid of the economy altogether: No more trading between players.

Lord Dagon · Jun 23, 2010, 05:13 AM // 05:13

Quote:

Originally Posted by Lanier

Lets just get rid of the economy altogether: No more trading between players.

supidest post ever?

but @ op: yea ppl ahve been doing that a long time.. and guess what.. its entirely based on ectos/armbraces.

i do like the lockpick suggestion.. it certainly will never rise about 1.5k and sell for less then 750g. so its preety stable.

ofc the demand for them is a nothing thing entirely....

Torpoon · Jun 23, 2010, 06:04 AM // 06:04

With the mass of players now farming DoA(3-4 Dists per day) I can see armbraces going down to about 90kish ea in the near future. This should be sufficient to trade for anything. (1750 X 90k) People will continue to farm DoA because virtually every weapon skin is rapidly declining in value, and the quests themselves in DoA give decent money so even if all gems are only 2k ea, you come out with 25k+ after hr and a half. Things will only get cheaper as dwg pugs become more experienced.

What I don't understand is, why does the GW community continue to put their faith in unstable currencies? Mass ecto carriers have been burned so many times, and now people with stores of armbraces are going to be made a lot less rich. The clear choice, the item with substantial value that cannot directly be farmed for is Black Dye. These lower in price during special weekends when raptor farmers are in full swing but it always rebounds because you don't have people hunting these down all day. I could decide to go get an ecto, and in ten min I could have one after a smite run, you can't do that with black dye.

Essence Snow · Jun 23, 2010, 06:15 AM // 06:15

Quote:

Originally Posted by Torpoon

The clear choice, the item with substantial value that cannot directly be farmed for is Black Dye. These lower in price during special weekends when raptor farmers are in full swing but it always rebounds because you don't have people hunting these down all day. I could decide to go get an ecto, and in ten min I could have one after a smite run, you can't do that with black dye.

Aren't Black Dyes used as currency in Pre already?...As far as I know it's one of the perqs of having a char in Pre.

Eluvatar · Jun 23, 2010, 06:23 AM // 06:23

Quote:

Originally Posted by Essence Snow

Aren't Black Dyes used as currency in Pre already?...As far as I know it's one of the perqs of having a char in Pre.

ya all making Black dye main stream money would do is drive the price down by havign loads and loads of pre dye farmers moving them into post and selling them.

Zehnchu · Jun 23, 2010, 07:12 AM // 07:12

Who cares they wont do jack for you in GW2, well only make people laugh at you for the HoM

Torpoon · Jun 23, 2010, 07:14 AM // 07:14

Pre using black dye as currency shouldn't stop post from following; the amount of black dye in pre is too insignificant to cause any damage. There are a select few who have succeeded in getting a full trade screen of black dye which, if compared to some people's storage of ectos, is a very small amount.

Also, I stand by what I said about not being able to directly farm for black dye. Dye farming in pre is just about the least productive thing you could do if farming to port over to post profitwise. If farming for pre, I still wouldn't do it but some still bandit farm and mostly just to level their ele to 7 so they can start charr hunting.

zwei2stein · Jun 23, 2010, 07:17 AM // 07:17

Quote:

Originally Posted by Jidai

NO!
The fact we have items that exceed 100k is player greed.

It is not greed, it is simple fact that it is generally much easier to farm more than 100k gold than specific item.

Eluvatar · Jun 23, 2010, 07:21 AM // 07:21

Quote:

Originally Posted by Torpoon

Pre using black dye as currency shouldn't stop post from following; the amount of black dye in pre is too insignificant to cause any damage. There are a select few who have succeeded in getting a full trade screen of black dye which, if compared to some people's storage of ectos, is a very small amount.

Also, I stand by what I said about not being able to directly farm for black dye. Dye farming in pre is just about the least productive thing you could do if farming to port over to post profitwise. If farming for pre, I still wouldn't do it but some still bandit farm and mostly just to level their ele to 7 so they can start charr hunting.

the only problem is that black dye is used even less then ectos (for its real purpose) so that might just cause the price to fall because so many people have them if its turned into the new ecto/arm/zkey although at this time the price of zkeys seems to be prity stable, its also unaffected by any farming and unless anet lets us get free keys (thru rr or house) again then they will stay that way, some people might get into HA or PvP more to get Zkeys but it wont effect the price.

I think what anet should do to fix the money problem (and remove the stock market) is to remove the trade limits and gold limits (make it so you can trade more then 7 items and have as much gold in your chest and on your char as you want) this would remove almost all the problems with in game econ right now. and the whole idea is dumb of having limits on the amount of money you can have, they dont have this problem in WoW because there isn't a limit on money, no place holders, no ectos, just items for gold end of story.

poppu16 · Jun 23, 2010, 08:17 AM // 08:17

My advice would be that anet implements some tokens, like for example 10k one, 25k, 100k... Then add an NPC selling and buying those tokens at FIXED price. economy fixed

Zebideedee · Jun 23, 2010, 08:43 AM // 08:43

Stack of black dyes in Pre, says it all really (not me btw, unfortunately, I have a life)

Jidai · Jun 23, 2010, 09:02 AM // 09:02

Quote:

Originally Posted by zwei2stein

It is not greed, it is simple fact that it is generally much easier to farm more than 100k gold than specific item.

True although the number of 10k/hr+ farms are disappearing. And if it's an item you have to factor in sale time. One of the last profitable farms is in materials or GoTT items.

Quote:

Originally Posted by Eluvatar

hum I would have to say that lockpicks are extremely stable, can you name a time that the price of a lock pick has gone anywhere between 1.2 and 1.25k? didnt think so, so if you want so burry your money (and not put it in the ecto market) lockpicks are the best way to do that,

Quote:

Originally Posted by Tobi Madera

i do like the lockpick suggestion.. it certainly will never rise about 1.5k and sell for less then 750g. so its preety stable.

ofc the demand for them is a nothing thing entirely....

People never take into account the demand for lockpicks,
That is what limits lockpicks as an alternative source of value. Once titles are done with there is little demand for lockpicks.
Base value may be 750g, but that's 50% devaluation. Ecto are the very nature of supply and demand economy. Lockpicks can never match.
Stack of lock picks= 375k000g, with a stable 1.5k price this will never change
stack of ecto(7500k)= 1875k000g, however if the latest gimmick gets nerfed, ecto can rise according to demand to over 10k= 2500k000g

Quote:

Originally Posted by Eluvatar

tickets are dumb as they take up way too much space

No they are the prefect stable gold sink, considering a stack will only ever have the value of (15g) 3k750g. But the important point is that they will always have the value of 3k750g, never sell for 50% less than the buying value (lockpicks), never require player demand to sell for value(ecto).

I can have a storage slot with 60 slots @3k750g+100k (325k000g), and in 6mths time it will still be worth 325k000g; If Anet doesn't nerf the tickets they will still be worth that in years to come.

Clearly they are a dumb choice. I mean I've never seen ecto dive from 15k each to 6k

, And it makes so much more sense to buy lockpicks for 1k500g in the hopes I can fool a player to pay near that much for them. I mean why go for a static/stable method of increasing storage. /sarcasm