Curse

BlackSephir · Jun 10, 2008, 12:43 AM // 00:43

I'm all for nerfing SF. But I'm also just. So if you want to nerf SF, let's nerf ALL farming build- W/Rts, Rt/Ws, 55 monks, 55 nigg, erm, necros, 130 dervs and whatnot!

Otherwise I'll think you're a hypocrite.

Mac Sidewinder · Jun 10, 2008, 01:08 AM // 01:08

Quote:

Originally Posted by Chthon

1. We already have a "the sky is falling because of the SF 'uptade'" thread.

2. I explained twice now in the other thread why the bottom is not going to fall out of the ecto market. Put briefly, the appearance that there's going to be a huge increase in supply is an illusion. After 3 years of nonstop farming and hoarding, the ecto supply is so large that the extra ecto from the SF farm have a very small effect on the size of the supply as a whole. Search out my first post in the other thread for more details.

3. The idea of lockpicks as a currency is only supported by idiots and people in big faction farming alliances. Seriously, why on earth would you support a currency that someone else could buy 25% more of for the same amount of gold? Are you trying to sabotage your own buying power? Moreover, there's no trader. Unless you can find a seller who actually wants a pile of lockpicks, or is happy to sit around while you sell them to chest runners instead of just finding another buyer, you're going to lose 50% of their value selling them to the trader to raise cash quickly.

I might add that Z-Keys as a currency is also a dumb idea, since they don't have a trader or even a merchant. So can can neither buy nor sell them in large amounts quickly when you need to.

Armbraces as a currency is the dumbest idea of the bunch, since they've been duped so much that they are probably the most common item in the game.

Finally a sane voice amongst all the madness! Honestly I think the only thing this "new" farming craze is going to do is let more people obtain FoW armor and Chaos gloves. The only people that are going to be negatively affected are the people whos epeen is dictated by others not being able to obtain what they already have.

And really what other item could be substituted as currency besides the ecto?

scythefromunder · Jun 10, 2008, 04:17 AM // 04:17

Quote:

Originally Posted by Mac Sidewinder

*snip*
And really what other item could be substituted as currency besides the ecto?

Ummm.....zkeys?

Zexua · Jun 10, 2008, 04:37 AM // 04:37

how about Black dye, if you want to get extreme. they are after all worth a lot more then ecto. silly to think ecto will ever plummet. might as well be introduced like a 5$ bill. gold, ecto, platinum. *rolls eyes* so silly imho.

scythefromunder · Jun 10, 2008, 04:40 AM // 04:40

Quote:

Originally Posted by Zexua

how about Black dye, if you want to get extreme. they are after all worth a lot more then ecto. silly to think ecto will ever plummet. might as well be introduced like a 5$ bill. gold, ecto, platinum. *rolls eyes* so silly imho.

I think that ectos are still #1 for noncash trading. Why Black Dyes? They are like 6k-7k each. IF something was worth 200k, how would you pay that without exceeding the price? Ectos are 5k ea, which makes them better for the over 100k trades. Unless something like Rubies were to skyrocket to 5k.

Trader of Secrets · Jun 10, 2008, 05:56 AM // 05:56

Thinking about reinvesting the ecto huh? There is a very obvious item to invest in that has nowhere to go but up in price. All you need to do is look.

Laylat · Jun 10, 2008, 06:05 AM // 06:05

Why not just increase the storage limit on cash and the limit on how much cash can be traded at once (you'd need to increase how much money you can carry at once, also)? Sorry if this question has been brought up before.

Zexua · Jun 10, 2008, 06:21 AM // 06:21

Quote:

Originally Posted by Laylat
Why not just increase the storage limit on cash

now thats the obvious answer. still silly imho...
reinventing the ecto.. i had to snicker when i read that. trading will always be an item if issue. how much is this how much is that -1k from trader..lol. its can be the simplest of things or the hardest, i guess it all depends on what you are buying or trading. meh.. i think its fine as is. still extreme (black dye, black dye) lol sorry just had to go there lol

ilipol · Jun 10, 2008, 06:44 AM // 06:44

Currently ectos is the currency ... if that is going to change I doubt it's going to happen because in a forum thread some people said something ... if it's going to change it's going to change due to in-game events.

guildwars hero22 · Jun 11, 2008, 09:04 PM // 21:04

Quote:

Originally Posted by Chthon

1. We already have a "the sky is falling because of the SF 'uptade'" thread.

2. I explained twice now in the other thread why the bottom is not going to fall out of the ecto market. Put briefly, the appearance that there's going to be a huge increase in supply is an illusion. After 3 years of nonstop farming and hoarding, the ecto supply is so large that the extra ecto from the SF farm have a very small effect on the size of the supply as a whole. Search out my first post in the other thread for more details.

3. The idea of lockpicks as a currency is only supported by idiots and people in big faction farming alliances. Seriously, why on earth would you support a currency that someone else could buy 25% more of for the same amount of gold? Are you trying to sabotage your own buying power? Moreover, there's no trader. Unless you can find a seller who actually wants a pile of lockpicks, or is happy to sit around while you sell them to chest runners instead of just finding another buyer, you're going to lose 50% of their value selling them to the trader to raise cash quickly.

I might add that Z-Keys as a currency is also a dumb idea, since they don't have a trader or even a merchant. So can can neither buy nor sell them in large amounts quickly when you need to.

Armbraces as a currency is the dumbest idea of the bunch, since they've been duped so much that they are probably the most common item in the game.

I was told there are more ectos in game now then every before and once people are done with there fow armour the prise will drop you suggest this to be false but what other item can i buy using cash that u know will stay at a constant rate? here i looked at picks why becuase u cannot farm them they sell easily at 1.25k and seem to have stayed the same for a year now why do u disagree?

guildwars hero22 · Jun 11, 2008, 09:05 PM // 21:05

Quote:

Originally Posted by Trader of Secrets

Thinking about reinvesting the ecto huh? There is a very obvious item to invest in that has nowhere to go but up in price. All you need to do is look.

what item do you speak of

borik oakwood · Jun 11, 2008, 09:26 PM // 21:26

Surely most farmers like me are gonna save their ecto's until they have vast stores For A.) just before Gw2 getting Hom unlocked fully and B.) obsidian armor of our own its the most expensive in the game for sure.

i know that alot of my guildmates stopped after they got enough for just one set of obsidian. so the problem will arrise when the influx onew players exceed the amount of players still going for obsidian as the farmers who are for money will be rougly stable i assume. (you seriously cant do SF for too long its called 12 year old ness and usually lasts for 1 year.) im 17 btw and am happy to use lameness to acheive fancyness.

what ya think of my opinion?

Chthon · Jun 11, 2008, 10:18 PM // 22:18

Quote:

Originally Posted by guildwars hero22

I was told there are more ectos in game now then every before and once people are done with there fow armour the prise will drop you suggest this to be false but what other item can i buy using cash that u know will stay at a constant rate? here i looked at picks why becuase u cannot farm them they sell easily at 1.25k and seem to have stayed the same for a year now why do u disagree?

1. You need to learn to use periods. They are a very useful bit of punctuation that helps people detect where one sentence ends and the next begins. Without them, your post borders on incomprehensible. Commas are nice too.

2. Anything that has a trader and is bottomed-out on the trader's price will probably stay there, and, if it moves, it can only go up. That's as close as you can get to something that will stay at a constant rate. Of course, it may prove hard to find people selling these items, since most people just merch them.

3. Who cares if you can farm lockpicks when you can buy them?

4. Whenever someone buys a lockpick at 1.25k, they are almost certainly putting 50g into the pocket of someone with access to a discount merchant. If lockpicks became a de facto currency, these people would become insanely rich in short order. Much faster than farmers and probably faster than powertraders too. And insanely rich people cause inflation that destroys your buying power. How do you expect to ever outbid one of these people for an item when you're giving them the gold to bid against you with? That's just dumb.

Yawgmoth · Jun 11, 2008, 11:15 PM // 23:15

Quote:

Originally Posted by Chthon

4. Whenever someone buys a lockpick at 1.25k, they are almost certainly putting 50g into the pocket of someone with access to a discount merchant. If lockpicks became a de facto currency, these people would become insanely rich in short order. Much faster than farmers and probably faster than powertraders too. And insanely rich people cause inflation that destroys your buying power. How do you expect to ever outbid one of these people for an item when you're giving them the gold to bid against you with? That's just dumb.

/laugh hard
Lockpicks sellers who can get them from cheap merchants can in no way become 'insanely rich'. Do you even know how many players have access to cheap merchants? More than 5000 consistently, and triple that occassionally thanks to border swings and fluctuations. Add to that huge amount of players who have a friend in a town holding guild, that could buy for them for no profit. Very few of them actually do the active lockpick reselling now, it's very time consuming and farming provides better cash for time spent.

If Lockpicks really became the number 1 currency for trades above 100k (which is unlikely, but they may become a secondary currency widely accepted by sellers) the market price for 1 lockpick wouldn't be higher than 1,200g.

Imagine all the rich people and powertraders would convert large parts of their liquid fortunes into stacks of lockpicks, they would have to get them from town holders but it doesn't mean they would overpay 50g per lockpick! (I bought 10 full stacks last week, I found far better deals). With towns full of WTB Lockpicks hundreds of people with access to cheap merch but who don't normally waste time WTS'ing them would emerge, and be able to make a couple quick plat.

But not any big fortunes! Just a few k here and there. Also, NO inflation would be generated, as the extra money would come from other players, and in fact huge MILLIONS of gold would be sink into the merchant never to return!

Instead thousands of lockpick fullstacks would enter the economy, never to be used for chest opening, but only for value holding and trading. Imagine having lots high trades done lockpicksway, like "WTS unded kuunavang 100k+100lp" everywhere, trading that would lead to having people receiving lockpicks but not necessarily needing them, wanting to convert back to cash. They would need to compete with the resellers and sell lower to sell quick, they would often be found selling even lower than 1,200g each. And there would be much less gold in the economy to pay back for the lockpicks!

I predict 1,200g to be the average exchange rate for figuring out trades (it's simple - stack of lockpicks = 300k) for a long time, and it could only go DOWN from there.

Chthon · Jun 12, 2008, 01:26 AM // 01:26

Quote:

Originally Posted by Yawgmoth

Very few of them actually do the active lockpick reselling now, it's very time consuming and farming provides better cash for time spent.

Very few people do it now because lockpicks aren't currency now. If they became currency, that would change.

Quote:

Also, NO inflation would be generated, as the extra money would come from other players...

Pooling money in the hands of a few always inflates prices, at least for the high-end items they want to buy. As has been said many times before, if no one had 100k to pay, nothing would cost 100k. Handing faction farmers free fortunes would give them more buying power, at the expense of everyone else.

Quote:

If Lockpicks really became the number 1 currency for trades above 100k (which is unlikely, but they may become a secondary currency widely accepted by sellers) the market price for 1 lockpick wouldn't be higher than 1,200g... trading that would lead to having people receiving lockpicks but not necessarily needing them, wanting to convert back to cash. They would need to compete with the resellers and sell lower to sell quick, they would often be found selling even lower than 1,200g each.

That's an interesting theory. I'll have to think about it. Certainly lockpicks at exactly 1200g wouldn't be as grossly unfair, but I'm not sure I believe your rationale for why prices would move to 1200g, or below.

FengShuiDove · Jun 12, 2008, 02:05 AM // 02:05

Quote:

Originally Posted by guildwars hero22

the recent perma shadow sin

You fail.

/troll

Magikarp · Jun 12, 2008, 02:40 AM // 02:40

you'll all see.. the Chaos farm is far too lucrative, with people walking out of the UW after 2 hours of casual farming and passing off almost 60+ ecto, and thats not even talking about the hardcore guys.. once everyone exhaust themselves on Obsidian armor and Chaos Gloves, they're going to delve into the powerhouse side of the trading market, flooding and saturating the traders and players with ecto out the ass, till the point that its going to be as about as useful as the American dollar.. the 3 people i know really farming the Plains a good bit (and i know they can't be the most hardcore out there), have made around 1000 ecto each so far... yeah.. thats great for the economy..

Sigma Onkoron · Jun 12, 2008, 03:18 AM // 03:18

I don't know why but I have a feeling an update nerfing either perma shadow form or not being able to solo UW will come out tomorrow, being 6/12/08.
But ectos are going to be steady I think. People will still sell for around 5k all the time. If for some reason they do drop. Z- Keys will be the new currency past 100k.

Divinus Stella · Jun 12, 2008, 09:30 AM // 09:30

Quote:

Originally Posted by guildwars hero22

where, post link

They actually went down to 10gold each during the trader reset, you could buy stacks of 10 at the material trader for 100g.

Šiljo · Jun 12, 2008, 11:19 AM // 11:19

i love these threads that think ecto will go under 1,5k....
not gonna happen...
ever....

until the trader goes mental the 2nd time...