Curse

flclisgreat · Jan 29, 2008, 02:30 AM // 02:30

well my theory/idea is, all (or some) of the players who have full storage of gold (there are quite a few i bet), all just start buying ecto/shards/whatever from the trader, thus sky rocketing the price. they will of course then re sell to trader/players for profit thus making more gold and making ecto/shards/whatever worth the time to farm again

just an idea, i know i have seen a few people post "why are ecto so cheap"

/dons flame suit just incase

Lord Darksoul · Jan 29, 2008, 02:38 AM // 02:38

A problem with your idea is that regular people sell ectos at lower prices than do the traders. Though in the long term they'd probably make a profit by buying ectos at such a huge scale, the truth of the matter is is that no rich people would synchronize on such a thing, and something tells me ANet would just reset the prices to make everyone hate them more

Zinger314 · Jan 29, 2008, 02:40 AM // 02:40

Monopolizing an item only works if an item is in limited supply. Ectos/Shards aren't.

Learn some economics.

Onarik Amrak · Jan 29, 2008, 02:52 AM // 02:52

Pure genius, this isn't.

Arnack · Jan 29, 2008, 02:54 AM // 02:54

Quote:

Originally Posted by Zinger314

Monopolizing an item only works if an item is in limited supply. Ectos/Shards aren't.

Learn some economics.

I'd say learn to get a life but...
I already did.
Anyways, Guild Wars flamers are so lame. lmfao.

pumpkin pie · Jan 29, 2008, 03:03 AM // 03:03

how are you going to make all the rich players do that?

lacasner · Jan 29, 2008, 03:04 AM // 03:04

The only thing I agree with from the OP is that ecto prices are cheap and need to rise.

Zeek Aran · Jan 29, 2008, 03:04 AM // 03:04

Okay, proof of fail on third post. Close now?

mmmkay i am bad · Jan 29, 2008, 03:04 AM // 03:04

Quote:

Originally Posted by Zinger314

Monopolizing an item only works if an item is in limited supply. Ectos/Shards aren't.

Learn some economics.

GGed

Quote:

Originally Posted by flclisgreat

"why are ecto so cheap"

Because its over farmed?

Songbringer · Jan 29, 2008, 03:04 AM // 03:04

So all the rich people should use there money to buff the economy for a few months so poor people can sell ectos for a few k more......get real /kickintheface *take that flame suit*

Cale Roughstar · Jan 29, 2008, 03:27 AM // 03:27

To this grand ol' idea, I say..... lolwut?

LifeInfusion · Jan 29, 2008, 03:28 AM // 03:28

unlimited supply and stagnant demand says otherwise.

And who in their right mind buys from the trader?

Biostem · Jan 29, 2008, 03:31 AM // 03:31

OP: the beauty of GW is that things like ectos or shards are pure fluff - they aren't needed to get max stuff, and so really don't count for anything. Add to that the fact that there is no limited supply of them, and that you're banking on people paying the inflated prices from the traders, and you end up w/ a scheme that will likely backfire.

Kerwyn Nasilan · Jan 29, 2008, 03:34 AM // 03:34

Quote:

Originally Posted by Arnack

I'd say learn to get a life but...
I already did.
Anyways, Guild Wars flamers are so lame. lmfao.

Ummm It looks like you are flaming her/him so that means...........gg?

Failure

flclisgreat · Jan 29, 2008, 04:15 AM // 04:15

Quote:

Originally Posted by Songbringer

So all the rich people should use there money to buff the economy for a few months so poor people can sell ectos for a few k more......get real /kickintheface *take that flame suit*

see people like you are the truth behind the picture "normal person+anonymity+audience =total f*ckwad" if you don't like it say hey, i don't like it. thats all there is to it.

well have you noticed in the last few days ecto went up a few days ago, then way down yesterday or so. so someone somewhere is buying/selling large amounts of ecto from/to trader

HawkofStorms · Jan 29, 2008, 05:07 AM // 05:07

Even the top 20 richest players in Guild Wars couldn't intentionally manipulate the price of crafting materials (according the Herbalizer... one of those top 20 richest guys) unless they used duped stuff, but even then that doesn't work since ambraces can not be quickly converted to gold.

Snow Bunny · Jan 29, 2008, 05:20 AM // 05:20

Quote:

Originally Posted by Arnack

I'd say learn to get a life but...
I already did.
Anyways, Guild Wars flamers are so lame. lmfao.

You're RED ENGINE GORED ENGINE GORED ENGINE GORED ENGINE GOing stupid, while Zinger's correct.

Econ 101 - LIMITED RESOURCES

DOESN'T APPLY HERE.

arcanemacabre · Jan 29, 2008, 05:26 AM // 05:26

The trader always buys for higher than it sells for; so I don't really understand what you mean about someone buying a bunch of ecto to make the trader price rise, and then sell it back to make a profit. That just plain doesn't make sense. No matter what, if they bought from the trader, they will be in the hole - period.

Now, if you're working with the theory that someone with a crap-load of money can alter the prices by buying from or selling to the materials trader, that is true, but only by marginal amounts, which would very shortly be balanced back out by everyone else in the game doing their normal routines. The game is simply too big, and too old, with too much money/items floating around for even the richest player to make a noticeable dent anywhere.

flclisgreat · Jan 29, 2008, 05:38 AM // 05:38

Quote:

Originally Posted by arcanemacabre

The trader always buys for higher than it sells for; so I don't really understand what you mean about someone buying a bunch of ecto to make the trader price rise, and then sell it back to make a profit. That just plain doesn't make sense. No matter what, if they bought from the trader, they will be in the hole - period.

you would at least break even over the LONG run. say you spent full storage of gold on ecto from trader regardless of price. say 1 stack at 5.5k each-2 stacks at 6k each-x stacks at 6.5-7k each and so on till broke. then wait a while till the price settles to that high price. then started gradually sell ing all those ecto to trader at the higher price(considering the trader "should" be paying closer to what they are selling for after you bought who knows how many stacks). you should break even or close to it, for buying all those ecto at 5-xxk each and selling for xxk each or so

in theory

Quote:

Originally Posted by arcanemacabre

Now, if you're working with the theory that someone with a crap-load of money can alter the prices by buying from or selling to the materials trader, that is true, but only by marginal amounts, which would very shortly be balanced back out by everyone else in the game doing their normal routines. The game is simply too big, and too old, with too much money/items floating around for even the richest player to make a noticeable dent anywhere.

this might be true i have no proof either way

arcanemacabre · Jan 29, 2008, 05:50 AM // 05:50

Quote:

Originally Posted by flclisgreat

you would at least break even over the LONG run. say you spent full storage of gold on ecto from trader regardless of price. say 1 stack at 5.5k each-2 stacks at 6k each-x stacks at 6.5-7k each and so on till broke. then wait a while till the price settles to that high price. then started gradually sell ing all those ecto to trader at the higher price(considering the trader "should" be paying closer to what they are selling for after you bought who knows how many stacks). you should break even or close to it, for buying all those ecto at 5-xxk each and selling for xxk each or so

in theory

No, wouldn't work like that. The ecto have a balanced rate of 5.5k right now. If you bought enough to raise it to, let's say for the helluvit: 8k, then waited, the rate would only decrease back to 5.5k. It might take a couple of weeks, or months, but the price would only decrease, and it would balance back out. Plus, once you started selling them back, that very act would drop the price as dramatically as it raised the price when buying. You would be out at least 1.5k per ecto because of the price difference between buying and selling with the trader, so at best, you would lose that much if you sold right away.

It just plain is not possible to make money by buying from the trader, unless you are lucky enough to get something before outside influences (favor changes, quest changes, etc.) affect drop rates or a new gold sink is introduced (or a trader reset happens LOL). Basically, Anet has complete control by their actions over the economy; players only wish they did.

The only other way to make money this way was pretty much abolished when the Europe and American servers merged. Basically, the prices were vastly different and people could make money on the differences, buying the lower priced and moving to the other server to sell the higher priced.