Curse

lorph · Jun 21, 2008, 02:15 AM // 02:15

I am willing to bet anet artificially raised the price of ectos.

Spazzer · Jun 21, 2008, 02:17 AM // 02:17

"Anet I have all of my money in thousands of ectos! Keep the prices up or I'll quit!"

Dark Paladin X · Jun 21, 2008, 02:41 AM // 02:41

Quote:

Originally Posted by Spazzer

"Anet I have all of my money in thousands of ectos! Keep the prices up or I'll quit!"

keeping the prices up will encourage people to sell, but will DISCOURAGE people to buy. Ever see the recent gas pump prices, this make more people less willing to drive. It's plan economics, people want prices low.

lorph · Jun 21, 2008, 03:05 AM // 03:05

Quote:

Originally Posted by Dark Paladin X

keeping the prices up will encourage people to sell, but will DISCOURAGE people to buy. Ever see the recent gas pump prices, this make more people less willing to drive. It's plan economics, people want prices low.

thats a flawed analogy, because normal people don't have the ability to farm oil, unlike in guildwars where almost everyone can farm ectos.

Yichi · Jun 21, 2008, 03:29 AM // 03:29

What happened to ecto's and shards...

Answer = PvE happened to them.

Dark Paladin X · Jun 21, 2008, 03:35 AM // 03:35

Quote:

Originally Posted by lorph

thats a flawed analogy, because normal people don't have the ability to farm oil, unlike in guildwars where almost everyone can farm ectos.

well obviously you can't farm oil because it's a non-renewable resource. the reason why I mentioned this is because oil is getting harder and harder to find and availability gets less and less. In the situation here, players should encourage keeping prices low so it gives more incentive to buy. But the prices is determined by basis of supply and demand. Here, the supply of ectos is med-high, but demand is high, which leads ectos to cost less, but not to the extent of ectos being worthless. Similarly, shards are less in supply because it is harder to get, but demand is high, thus the prices of shards slightly increase.

ALF71BE · Jun 21, 2008, 04:11 AM // 04:11

Quote:

Originally Posted by Dark Paladin X

the supply of ectos is med-high, but demand is high, which leads ectos to cost less, but not to the extent of ectos being worthless. Similarly, shards are less in supply because it is harder to get, but demand is high, thus the prices of shards slightly increase.

The ecto supply is incredible high, the demand is near to non-existent. The demand is so low, that people give up selling their ectos after being sitting there doing nothing for 3 hours and sell them to the material traders, thus lowering the price both from the material trader and from the player market.

It's not the other way around which you talk about.

And there's no incentive in buying ectos as you can only make a sin and in 6 hours or less you'll be getting 10 an hour.

Golgotha · Jun 21, 2008, 04:42 AM // 04:42

Quote:

Originally Posted by Dark Paladin X

But the prices is determined by basis of supply and demand. Here, the supply of ectos is med-high, but demand is high, which leads ectos to cost less, but not to the extent of ectos being worthless.

You really need to rethink supply and demand. The more lopsided the demand is compared to the supply, the more it'll cost. And in this case, there is no demand. If you can find demand, you can sell my ectos for 20% of whatever price you can get.

StormDragonZ · Jun 21, 2008, 04:55 AM // 04:55

Quote:

Originally Posted by ALF71BE

the demand is near to non-existent.

That, as much as I don't want to admit it, is quite true. Demand for Ectoplasm is necessary, most likely, for those who choose not to farm them.

Dark Paladin X · Jun 21, 2008, 08:52 AM // 08:52

one of the main reasons that ectos are used as currency as compared to anguish gemstones because ectos is accessable to everyone (as in Core) while anguish gemstones are exclusive to Nightfall.

Fay Vert · Jun 21, 2008, 09:23 AM // 09:23

Quote:

Originally Posted by manitoba1073

Did you guys get a exit and reload message. Nope so Anet did not and couldnt update the mats trader prices.

I have also never seen a message saying

"A player has bought something at a trader, please log out to see the updated prices"

manitoba1073 · Jun 21, 2008, 04:04 PM // 16:04

players buying from the traders is different from Anet fixing the prices of the traders. Which would take an update. But go ahead and believe what you want.

It was the frog and gaile they robbed other players and used it buy ectos.

Golgotha · Jun 21, 2008, 04:13 PM // 16:13

I honestly don't care why the price is as high at the trader because its not as if you can actually sell the ectos at anywhere near that price at the moment. People know theres low demand so they'd be insane to offer near trader prices full well knowing the real market value is significantly diminished. Personally, I'm stacking up on the ectos I have in a chance of the SF nerf.

lorph · Jun 21, 2008, 07:40 PM // 19:40

Quote:

Originally Posted by Dark Paladin X

well obviously you can't farm oil because it's a non-renewable resource. the reason why I mentioned this is because oil is getting harder and harder to find and availability gets less and less. In the situation here, players should encourage keeping prices low so it gives more incentive to buy. But the prices is determined by basis of supply and demand. Here, the supply of ectos is med-high, but demand is high, which leads ectos to cost less, but not to the extent of ectos being worthless. Similarly, shards are less in supply because it is harder to get, but demand is high, thus the prices of shards slightly increase.

I think you are very confused desperately trying to stop the a/e nerf. Why did you use this analogy of oil in the first place, if now you are arguing it doesn't apply?

Your argument makes no sense except wanting ectos to cost less for your own benefit.

You also don't understand supply and demand. You said demand is high while supply is only med-high, this means ectos should cost more not less like you just said. And if shards were so hard to get, why do they cost half as much as an ecto still?

So to summarize this, you are arguing against your previous post, and not even backing yourself up with valid proof.

On a sidenote, it looks like ectos are going back down after anet raised them to 6k. They are currently at 4.7k each. Quite a drop within a day. I think anet should say if they are fixing the prices, which I am quite confident they did yesterday.

Masseur · Jun 22, 2008, 12:56 AM // 00:56

ectos have been between 4.5K and 6K for a year now, yeah, they actually hit 4.3K as well recently. But with the points weekend, less are farming UW for the moment, so prices stabilized and even went back to 4.5K/4.7K. After the weekend they will be farm harder again, but soon we lose favor. So not as many will be going into UW, so it might keep semi-stable al little longer, even if Anet does nothing to the skill or the area.

Dallcingi · Jun 22, 2008, 01:30 AM // 01:30

Quote:

Originally Posted by Masseur

but soon we lose favor. .

Not so soon, this weekend many many people will get their max reputations...

Nightow · Jun 22, 2008, 01:34 AM // 01:34

Quote:

Originally Posted by Dallcingi

Not so soon, this weekend many many people will get their max reputations...

The 4 main GWEN titles don't count, only Legendary Master of the North does.

Mourne · Jun 22, 2008, 01:35 AM // 01:35

Quote:

Originally Posted by Dallcingi

Not so soon, this weekend many many people will get their max reputations...

Which doesn't count towards favor. Only the 999th time someone has had to say it.

Holly Herro · Jun 22, 2008, 02:04 AM // 02:04

Quote:

Originally Posted by Legendary Shiz

FoW can't be solo'ed as easily, and the clears take longer.

UW can not only be cleared in half the time of FoW if it's a good group, but it can be solo'ed more easily.

So in theory, shards should be more expensive than ectos...?

Jesses Paradigm · Jun 22, 2008, 02:05 AM // 02:05

i remember the good 'ol days where ectos were 100k