Curse

Novalon · Jul 08, 2007, 08:21 PM // 20:21

Quote:

Originally Posted by Porkchop Sandwhiches

It's more than just ectos. Prices for everything are down. I believe it all started with the farming changes they made to white items and cash drops. Now everyone has to farm rare items because they don't fall under the same farm code. So, there are more of them being farmed than there used to be.

I saw that first hand with titan gems, they were at 65k+ before the changes, then they dropped and kept droppping fast as more people started to farm them, now they are 25k or lower. It's funny watching how many monks and rangers are running out the door in DOA when it's busy now.

Hopefully GWEN will have something decent to sell.

It sucks being poor.

The thing is, with the price of rare items going down, this means the price of your gold is going up. I know that I've been out of the loop for a while, but the way I look at it, is that, sure, you may have less to sell, but it's offset by the fact that rare items are cheaper.

Besides Griffon farming back in the day, I think the most I ever made gold on is farming materials and selling them back to the traders. Not the best kind of income, but if you really think about it, as long as your turn a profit, you will come out ahead in the long run.

I can't wait to get back into GW again when I move, so I can see the effect that HM and loot exemption and all that has had on the game that I was so used to playing.

Sentience · Jul 08, 2007, 08:51 PM // 20:51

Quote:

Originally Posted by Porkchop Sandwhiches

Hopefully GWEN will have something decent to sell.

It sucks being poor.

The scramble for all the new weapons and greens will sell nicely for a while at least, just like with every other campaign.

korcan · Jul 08, 2007, 09:36 PM // 21:36

the people who are affected by this are the uber rich that horde stacks and stacks of them. what percentage of the gw population do u think even has 1 stack let alone multiple stacks of ecto? maybe 2-5 percent? do you think anet or anyone for that matter cares if their wealth decreases a bit? probably not.

the smart ones with loads of ectos have probably already liquidated most of their stock in exchange for diamonds anyways.

why dont we start pointless threads about other rare mats that fluctuate in price too. ok ok, ill start

STEEL - how high can they go

damn. steel used to be like under 200g/each now theyre hovering around 300g/each. thats like a 50% increase in price. like wtf! i feel like my guildwars universe is crashing down on me.

CDittric77 · Jul 08, 2007, 09:53 PM // 21:53

What's overlooked here by several people is that for some the economic fluctuations in game are actually influence how much they enjoy the game. In my guild alone there are several who enjoy the mercantile aspect of GW, such as it is, and are directly influenced by changes in price. Economics in game is just as worthy a topic in Riverside as is any other topic. If we're going to start closing or criticizing threads like this b/c they could appear constantly, let's start doing the same for the eight thousand ZOMG ANet NERFED {insert here}!~!!#@# WETFSFTSF!Q@#$ threads.

Evilsod · Jul 08, 2007, 09:58 PM // 21:58

Quote:

Originally Posted by Unlucky Slayer

Go go 500g ectos!

Lol, wonder how long till FoW armour is actually cheaper than Vabbian.

undeadgun · Jul 08, 2007, 10:28 PM // 22:28

imo the price of ectos going down is caused by the loot thing, and nowadays everything is hard hard to sell( plus the trade channal thing). the market is in a chaos atm, and ppl with or without ectos are confused and scared of selling or buying stuff, so ecto droppin in price is a normal phenomena.

ca_aok · Jul 08, 2007, 10:36 PM // 22:36

Quote:

Originally Posted by undeadgun

imo the price of ectos going down is caused by the loot thing, and nowadays everything is hard hard to sell( plus the trade channal thing). the market is in a chaos atm, and ppl with or without ectos are confused and scared of selling or buying stuff, so ecto droppin in price is a normal phenomena.

Ecto prices are down for a few reasons. Once the price began dropping from the 10K threshold they reached a few months after NF's release, people panicked and started selling their ecto in bulk, lowering the price further. Then lootscaling came along. Basically the update made it impossible to make money farming mobs anymore. So instead, people turned to the easiest farm that was exempt from loot scale... ectos. As well, with the addition of UW scrolls, more people are farming ectos than ever before since they no longer need to wait for favor. Finally, since it's been months since the last game release and there are no new classes planned for GWEN, the general idea is that everyone who wants FoW should have it by now. This means there's no demand for ectos, whereas the market is being flooded by the farmers just trying to make a few K to get by. The price plummets, and will keep plummeting.

Basically until ANET removes lootscale and figures out some way to deal with bots that isn't half-baked, ectos will continue to fall in price, along with greens and other lootscale-exempt items.

October Jade · Jul 08, 2007, 10:46 PM // 22:46

Quote:

Originally Posted by CDittric77

What's overlooked here by several people is that for some the economic fluctuations in game are actually influence how much they enjoy the game. In my guild alone there are several who enjoy the mercantile aspect of GW, such as it is, and are directly influenced by changes in price. Economics in game is just as worthy a topic in Riverside as is any other topic. If we're going to start closing or criticizing threads like this b/c they could appear constantly, let's start doing the same for the eight thousand ZOMG ANet NERFED {insert here}!~!!#@# WETFSFTSF!Q@#$ threads.

The way I see it, threads dealing with the ingame economy can be classified as one of three types:
1) Recent change benefits the poster; thread becomes a platform for gloating/displaying the e-peen.
2) Recent change hurts the poster; thread becomes a whining rant.
3) Thread speculates upon future change.

The only one of the three that might be worthy of further discussion is the last option, but even that is no guarantee. Think of all the threads about GW2 that have been closed over the past few months.

CDittric77 · Jul 09, 2007, 01:11 AM // 01:11

^Agreed. I would only want a thread discussion number three. One that is purely based on strategy, speculation, and utility.

undeadgun · Jul 09, 2007, 02:07 AM // 02:07

Quote:

Originally Posted by CDittric77

^Agreed. I would only want a thread discussion number three. One that is purely based on strategy, speculation, and utility.

well said there

Bryant Again · Jul 09, 2007, 02:17 AM // 02:17

I think I actually wasted more k on Amber at Factions release then I have on ectos.

*sigh*...

Patrick Smit · Jul 09, 2007, 04:21 AM // 04:21

Quote:

Originally Posted by Jason Xll

It always was and always should be ecto imo... However if they do continue dropping after the release of GW:EN (which i doubt) diamonds would be the best alternative...

Lockpicks are better, they have a guaranteed bottom and max price, this is a stable good, ecto's basically suck in that respect.

Hole Sale Traps · Jul 09, 2007, 04:28 AM // 04:28

Soon we will see 100k +XXXlockpicks, im sure alot of people are hopeing for that.

klrk · Jul 09, 2007, 05:57 AM // 05:57

thats what anet trying to do ,chase us player away before they release gw2

Iuris · Jul 09, 2007, 06:33 AM // 06:33

If they only chase away people who refuse to accept they won't make as much in gold as they used to, but will have to accept that there's less gold coming in, I think it's a good idea.

Winterclaw · Jul 09, 2007, 06:35 AM // 06:35

I'd be happy if it kept dropping. I never trade in things that require ecto payments and only one FoW armor half-interests me.

MMSDome · Jul 09, 2007, 06:55 AM // 06:55

hell im kicking myself for when i bought 15k luxon warrior armor when jadeite was 4k each, what a dissapointment it is for me

O well you live and learn and I actually just started saving up for fow armor the other day, still aint cheap but its a hell of alot better when they were 10k+

Zaganher Deathbane · Jul 09, 2007, 06:57 AM // 06:57

Nice! I just hope it will stay that way or better yet lower. Now everyone can afford the uber expensive FOW armor they like

prism2525 · Jul 09, 2007, 08:13 AM // 08:13

Lockpicks ftw!

At least they're stable

Chris Blackstar · Jul 09, 2007, 08:58 AM // 08:58

I believe Anet is trying to make items cheaper for the average player while at the same time reducing gold avalablity. The biggest problem here is the exploitation of bots to gather gold and then sell it on the open market for RL money, thus making players rich with out having to grind for it. With so much gold flooding the market, it drives up the prices for everything, because many players are greedy and want a piece of the pie. Well when something like that is done, sooner or later you will have a market crash, because supply will be up, but demand will fall, basic economics.

For me, I would like to except that crash, because I am tired of the price galging BS, no gold item with a non rare skin should sell for 100K+XXectos, inscribable or not. It's the greed of the rich and the criminals who are destroying this game's economy, and the percentage of those players is not 2or3%, more like +33% of the world wide player base, if not more. Otherwise the economy would have not been effected if only 3% of the player base were umber rich.