Curse

explodemyheart · Jul 02, 2008, 10:59 PM // 22:59

Quote:

Originally Posted by Gregslot

I find it rather offensive if not insulting they manually change the ecto prices. It took 4 weeks to go from 5,5k to 3,7k, now with a blink of eyes they were back at 5,5.

The price jump actually makes perfect sense.

People realized that they made it harder for idiots to solo farm craploads of ecto in a short period of time, so they realized the price was going to go up. People wanted to stockpile ecto cheap while they still could, either for using for armor or for selling at a later date for more of a profit.

What is absurd is how you don't understand why this happened.

Vinraith · Jul 02, 2008, 11:01 PM // 23:01

Well that's a pleasant surprise.

BlackSephir · Jul 02, 2008, 11:01 PM // 23:01

Sf in now even more crappy before they made it longer.
Now it even halves damage from weapons. Roofles.

Panais · Jul 02, 2008, 11:01 PM // 23:01

Quote:

Originally Posted by explodemyheart

The price jump actually makes perfect sense.

People realized that they made it harder for idiots to solo farm craploads of ecto in a short period of time, so they realized the price was going to go up. People wanted to stockpile ecto cheap while they still could, either for using for armor or for selling at a later date for more of a profit.

What is absurd is how you don't understand why this happened.

the speed that it happened though is unreal, obviously Anet fixed the prices, as they went back to exactly the same as they used to be

toastgodsupreme · Jul 02, 2008, 11:03 PM // 23:03

Quote:

Originally Posted by explodemyheart

The price jump actually makes perfect sense.

People realized that they made it harder for idiots to solo farm craploads of ecto in a short period of time, so they realized the price was going to go up. People wanted to stockpile ecto cheap while they still could, either for using for armor or for selling at a later date for more of a profit.

What is absurd is how you don't understand why this happened.

Exactly... people started buying from the trader, trader stocks lowered, prices went up as stock diminished.

I've known for a long time though that people in online games don't understand supply and demand. Economics is lost on them.

AOD_EaSyKiLL · Jul 02, 2008, 11:03 PM // 23:03

Quote:

Originally Posted by Panais

the speed that it happened though is unreal, obviously Anet fixed the prices, as they went back to exactly the same as they used to be

No, a couple hundred, maybe even thousand, ecto moving through the trader in a short time period, in one direction only, did it.

As soon as I saw this post, I took the time to launch GW in the middle of work and bought all the ecto I could

Nadia Roark · Jul 02, 2008, 11:04 PM // 23:04

It's not unreal. 300 goddamn people are watching this thread alone right now, and have been for the better part of my session here. If even half of them or a third of them are sitting on piles of ecto--and even more that aren't lurking on these fora--it could easily make a big change in the market price this fast.

Ate of DK · Jul 02, 2008, 11:05 PM // 23:05

Quote:

Originally Posted by Panais

the speed that it happened though is unreal, obviously Anet fixed the prices, as they went back to exactly the same as they used to be

Offcourse you are all-seeing and know how many people were just buying ecto's like crazy which caused it to return to it's old level.

What you're saying is just a guess. Just like most other things here are guesses.

explodemyheart · Jul 02, 2008, 11:06 PM // 23:06

Quote:

Originally Posted by Panais

the speed that it happened though is unreal, obviously Anet fixed the prices, as they went back to exactly the same as they used to be

I have no reason to believe it's "unreal", as update notes were given before the update actually went live. People were anticipating what was going to happen. Everybody wanted to get ecto for cheap before they were no longer cheap, and everybody that had ecto was holding on to it, presumably until prices peak.

I first logged on after the update went live, ecto was back up to 4.9k. I managed to snag my last 25 ecto for armor only about 1 minute before it shot back up to 5.5k again.

Gregslot · Jul 02, 2008, 11:07 PM // 23:07

Quote:

Originally Posted by explodemyheart

The price jump actually makes perfect sense.

People realized that they made it harder for idiots to solo farm craploads of ecto in a short period of time, so they realized the price was going to go up. People wanted to stockpile ecto cheap while they still could, either for using for armor or for selling at a later date for more of a profit.

What is absurd is how you don't understand why this happened.

I was refreshing the site just to see how long would someone come up with this.
THE MATERIAL TRADER CAN NOT DETETC THE WILL OF THE PLAYERS!

Cutting a constant flow of ectos into the market WILL NOT make the economy go up. It will go up if they REDUCE the ammount of ectos in the market. And players did not sold all their ectos to the trader, there is no way all players would have bought many obsidian armors in 3 hours.
The only way to actually increase the price of it is REDUCING the ammount of ectos in the market. WICH could not have happened in 3 hours.

Edit:
*People trading with people will not reduce the price of ecots, therefore will not increase its price.
*People buying from trader does make sense but its as unreal as the situations mentioned before. In order to get cheap ectos, people would buy from people.

mistokibbles · Jul 02, 2008, 11:07 PM // 23:07

Wow..they were really smart with this update. They met the demands of both side of the SF argument. They made chaos plains farm a lot harder, making ecto prices go up AND they hardly touched shadow form. GJ!

Tyla · Jul 02, 2008, 11:10 PM // 23:10

Quote:

Originally Posted by Feathermoore Rep

The only real problem I have with this change/nerf is the fact that they do this in the name of the economy.

Not to mention it was practically godmode?

Phoenix Ex · Jul 02, 2008, 11:10 PM // 23:10

Quote:

Originally Posted by Gregslot

I find it rather offensive if not insulting they manually change the ecto prices. It took 4 weeks to go from 5,5k to 3,7k, now with a blink of eyes they were back at 5,5.

Definitely agreed. But then people are getting used to this by now, every good farming build never last, so why bother?

AOD_EaSyKiLL · Jul 02, 2008, 11:11 PM // 23:11

Quote:

Originally Posted by Gregslot

I was refreshing the site just to see how long would someone come up with this.
THE MATERIAL TRADER CAN NOT DETETC THE WILL OF THE PLAYERS!

Cutting a constant flow of ectos into the market WILL NOT make the economy go up. It will go up if they REDUCE the ammount of ectos in the market. And players did not sold all their ectos to the trader, there is no way all players would have bought many obsidian armors in 3 hours.
The only way to actually increase the price of it is REDUCING the ammount of ectos in the market. WICH could not have happened in 3 hours.

LOL, the price is based on what the trader sees.

Right after the announcement the trader saw a huge increase in the number of ectos bought from him, with probably 0 being sold to him, so he raises the price. How much movement and all that jazz is of course set by Anet, but the price jump was purely from people buying tons of ecto from the trader, not anything else.

w00t! · Jul 02, 2008, 11:14 PM // 23:14

Quote:

Originally Posted by explodemyheart

The price jump actually makes perfect sense.

People realized that they made it harder for idiots to solo farm craploads of ecto in a short period of time, so they realized the price was going to go up. People wanted to stockpile ecto cheap while they still could, either for using for armor or for selling at a later date for more of a profit.

What is absurd is how you don't understand why this happened.

LoL you described my reaction perfectly. I, probably like most others on this board, read about the update, logged in to GW to see if I could buy a ton of ecto at 3.3 (lowest price I saw last night), and sighed when I found it at 4.9. Walked over a bit later and it was 5.5.

For people who think the market is broken, this is a perfect example of how it mimics the real world economy. ecto = oil = tulips. Prices all driven by hysteria.

explodemyheart · Jul 02, 2008, 11:18 PM // 23:18

Quote:

Originally Posted by Gregslot

I was refreshing the site just to see how long would someone come up with this.
THE MATERIAL TRADER CAN NOT DETETC THE WILL OF THE PLAYERS!

Cutting a constant flow of ectos into the market WILL NOT make the economy go up. It will go up if they REDUCE the ammount of ectos in the market. And players did not sold all their ectos to the trader, there is no way all players would have bought many obsidian armors in 3 hours.
The only way to actually increase the price of it is REDUCING the ammount of ectos in the market. WICH could not have happened in 3 hours.

Edit:
*People trading with people will not reduce the price of ecots, therefore will not increase its price.
*People buying from trader does make sense but its as unreal as the situations mentioned before. In order to get cheap ectos, people would buy from people.

The trader sells only what he has in stock. When the stock reduces, the price increases.

Being that anybody with even a fraction of a brain understood that ecto prices would increase after the nerf, those with ecto in their possession chose to hold off on selling to the merchant as they will be able to sell it for more later.

Being that anybody with even a fraction of a brain understood that ecto prices would increase after the nerf, those that wanted ecto either for armor or to make a profit on later, when prices peak, started buying out the stock.

Since the trader sells what he has in stock, few people are selling to him and lots are buying from him... the price skyrockets.

Not everything is a conspiracy theory. Especially when you know and apply basic economics to a system that uses... basic economics, supply and demand.

AOD_EaSyKiLL · Jul 02, 2008, 11:20 PM // 23:20

What will be funny, Is that you can probably still get some good deals from people who won't pay attention to the updates and just login and and start spamming WTS in ToA

Skye Marin · Jul 02, 2008, 11:20 PM // 23:20

Impact of the update:

-Price of ecto is now back at ~5k, swapping between 5.5k and 4.9k buy price at the trader right now.
-SF UW farm is harder and takes more time, but not impossible.
-Other UW fast-run team farming builds need to be adjusted because of the new mobs.
-Other SF farms aren't as effective, like the E/A Air of Superiority Sliver SF Raptor farm build has a higher chance of failing because kills aren't as quick. Other farming builds exist for most other SF farming locations.

Overall, a fair and effective nerf to SF to bring it to the levels of other farming builds in terms of speed compared to difficulty, and restore the value of ectos for those sitting on a few piles. The winners are those who farmed while they could, and those who stockpiled before the price went up. Those who sold off their stacks just lucked out.

As an aside, we now have an extra 30,000 minutes of favour.

Antheus · Jul 02, 2008, 11:22 PM // 23:22

In terms of stock market: Buy Buy Buy

Or perhaps the prices have gone up enough already.

romeus petrus · Jul 02, 2008, 11:22 PM // 23:22

Quote:

Originally Posted by explodemyheart

Being that anybody with even a fraction of a brain understood that ecto prices would increase after the nerf..

Believe it or not there was a thread as recent as today saying ecto prices will not go up with the SF nerf clicky.