The crash of the armbrace market...

I saw someone spamming an armbrace for 100K + 10 ectos last night in Kamadan.

I find it amusing since a little over a month ago you found people spamming/trading at between 100K + 35 ectos to 100K + 40 ectos.

This really has to be causing havoc in the very high-end trading circles, as one of their main commodities is really taking a nosedive.

Anyone have any ideas as to why the market has cratered? The proliferation of Ursan? The spending of excess cash on sweets/party favors/afking during the Canthan New Year? The decreasing rarity of tormented weapons?

It's been one of the biggest movements in the economy I've seen over the past year...

Ursan and duping.

It's starts with the letter "D" I believe >_>.

ursan definitly
worst idea ever

Armor of Salvation.
Essence of Celerity.
PvE skills.

I may be ignorant, but is duping STILL going on?

If not, I'm not sure how the duping scandal from several months ago would be impacting the market now...

Duping and consumables are really the key culprits of this, regardless of what anet has said about removing the dupes armbrace, many people realize/can see it just isnt true. Ursan while something that has sped it up, without the consumables ursan is not nearly as an effective method. Also there were 117 guys that farmed this area nonstop......

Because they didn't catch them all and people still sell them off.

Err the 117 refers to the ones who were banend for using the "secret outposts" to run peopl through the game and skipping over many sections. Or am I mistaken? I generally avoid reading about people getting banned because I don't care and believe that anet truely only bans people who deserve it.

If Duping was the reason, I think the prices would've lowered ages ago.

Just take a quick trip to DoA and you'll see that every single pug there is running Ursan

Overfarmed by ursan teams... how many threads there been about this?

Simple fact of market been overflowing with armbraces... its not quite rare if you have a tormented weapon atm =p

Hmmm...so the argument would be that there is some "hidden supply" of duped armbraces out there that have been held back and just recently introduced into the marketplace?

Interesting...

P.S. Regarding the 117, I'm still not clear why that would be impacting prices over the past couple of weeks, since those people were banned (and the exploit closed) over a month ago. That is, unless there is some hidden supply of armbraces...

But why over the past couple of weeks? I doubt that Ursan has become some new, flashy thing that has just now taken stride since the Canthan New Year...but I could be wrong.

With an Ursan team using consumables, you can easily get an Armbrace in a weekend or even in a day if you're hardcore. You are guaranteed 14 gems from a full run so 4 runs gives you 56 out 60 gems required - and this excludes gem drops.

Bleh.

What is better? 3..4 professions making the very same thing with the very same fixed build, or 10 professions making the very same thing with the very same build?

Almost the same.

Duping -> lowers prices.

Lower Prices -> people less willing to pay as much as they used to be even when their availability is less common again.

Simply just more people picking it up... pushing the market

a NM run with a decent ursan team takes about 1.5 hrs for all 4 areas
mallyx about 15 mins

do that x100 groups running around every day.

Sod the Armbraces, I'd like to know where people get all these ectos from! I've been playing since day one, have all three campaigns and EotN yet haven't had a single ecto drop for me at all!

You see, if those 117 bought, say, a crystaline, from somebody for 700 Armbraces (which is possible, there are screen shots of dupers with a whole trading window full of armbraces), then that guy with his 700 armbraces would not have been banned. The money is effectively laundred and still exists within the economy.

- You've never been in Underworld and you joined at November 2005? There's loads of solofarming and dualfarming builds to get ectos with.

GWEN was the reason of course (Ursan+consums/pve skills+and all that crap)

a LOT of people can buy an armbrace cheap now so good for them. No turning back on that but I wonder if they regret it at ANet since they're still not making the Zaishen chest drop anything good even after all these people opening the chest with hundreds of keys. What we had maybe 1 super rare drop and a handful of eternal blades? They might as well make it drop more stuff so everyone has everything before GW2. Why not !