Ectos need to be reviewed

Drop of Fear

Drop of Fear

Forge Runner

Join Date: Nov 2006

W/

As many of your knows the price of ectos is not the direct result of the fact that u need them to craft fissure armors, price is that high just are used as "money" in trades.
just like the us dollar, generaly accepted to be overpriced because is not just "united states currency" but the mean to buy oil. if oil started to be bought in other currencies aswell, most western countries will turn out sitting on an ocean of useless dollars, will start selling them with an obvious result in a fast drop of dollars value -u.s. prevents this with wars and partnerships with oil countries but this is not the point-

same in guild wars, considering the amount of traders and transaction is safe and conservative to say that the real fow value of ectos would be anywhere between 4-5k nowadays, the rest is just a fee payed to traders.

solution: remove ectos money value creating new special "checks", Platinum 10k ingots. stackable.
the value of these would be always fixed, as forger creates and buys back always for 10k. a stack of these worths 2.500.000.

let alone people with stacks and stacks of ectos, what u think?

Teger

Teger

Frost Gate Guardian

Join Date: Oct 2006

LLJK

A/Mo

Quote:
Originally Posted by Drop of Fear
As many of your knows the price of ectos is not the direct result of the fast that u need them to craft fissure armors, price is that high just are used as "money" in trades.
just like the us dollar, generaly accepted to be overpriced because is not just "united states currency" but the mean to buy oil. if oil started to be bought in other currencies aswell, most western countries will turn out sitting on an ocean of useless dollars, will start selling them with an obvious result in a fast drop of dollars value -u.s. prevents this with wars and partnerships with oil countries but this is not the point-

same in guild wars, considering the amount of traders and transaction is safe and conservative to say that the real fow value of ectos would be anywhere between 4-5k nowadays, the rest is just a fee payed to traders.

solution: remove ectos money value creating new special "checks", Platinum 10k ingots. stackable.
the value of these would be always fixed, as forger creates and buys back always for 10k. a stack of these worths 2.500.000.

let alone people with stacks and stacks of ectos, what u think?
yeah, that would be nice....apart from the obvious benifit of less money lost in price drops/surges of ectos used as currency, the price to get FoW armor would probably drop by a lot...which would be nice....

Malice Black

Site Legend

Join Date: Oct 2005

Prepare your flame retardant suit lol

I see no real reason for this except to make FoW Armour cheaper..FoW Armour is suppose to be hard to obtain and tbh it isn't all that hard to get 1.3 million these days.

I think this will only go down well with those not willing to earn their cash to buy fissure Armour.

Drop of Fear

Drop of Fear

Forge Runner

Join Date: Nov 2006

W/

Quote:
Originally Posted by The Admins Bane
Prepare your flame retardant suit lol

I see no real reason for this except to make FoW Armour cheaper..FoW Armour is suppose to be hard to obtain and tbh it isn't all that hard to get 1.3 million these days.

I think this will only go down well with those not willing to earn their cash to buy fissure Armour.
Main Reason for this: honest players would not be affected -this much- by ebayers anymore. price of ectos is this high because ebayers buy them as a mean to obtain the weapon they meant to spend their ebay gold for.
some will still buy ebay gold for fow armor, so ectos price will still be little overpriced because of this, but if to buy that crystalline sword people buy 100 checks instead of 150 ectos the price of ectos will go down, and that's a benefit for honest players

^ main reason

Malice Black

Site Legend

Join Date: Oct 2005

Lol Ebay gets blamed for everything..you doomed this thread now that you mentioned Ebay. This subject isn't new and it will never be solved.

xiaotsu

Desert Nomad

Join Date: Feb 2006

Doomlore Shrine

Just Us Gamers [JUGs]

R/

The prices of ectos are decided by those that sell them. Want the price lowered? Somehow convince the farmers that they don't need all that money and that they should sell them for less.

It's a player-made economy, that doesn't need changed. Get off your ass and work for your FoW.

No, I do not have FoW armor, I think it is ghastly and repulsive compared to other sets of armor nowadays. If you can't afford it, too bad, you don't need it anyways.

Drop of Fear

Drop of Fear

Forge Runner

Join Date: Nov 2006

W/

Quote:
Originally Posted by xiaotsu
The prices of ectos are decided by those that sell them. Want the price lowered? Somehow convince the farmers that they don't need all that money and that they should sell them for less.

It's a player-made economy, that doesn't need changed. Get off your ass and work for your FoW.

No, I do not have FoW armor, I think it is ghastly and repulsive compared to other sets of armor nowadays. If you can't afford it, too bad, you don't need it anyways.
i could buy fow if i wanted, have weapons worths more than that, i just but i prefer armors less people have, like vabbian.
the "fow for me but i cant afford" is not the point here

-------------> exit

Sword

Sword

Jungle Guide

Join Date: Jun 2006

Mo/

this is the most retarded thing i have ever read

Thargor

Lion's Arch Merchant

Join Date: Mar 2006

I honestly don't understand all the crying about ectos. There are many builds available here and other places on the net that just about any person with 3 brain cells can run.
1. Look up the build
2. Run the build
3. Join the ecto owners club and quit crying about the price.

Why does every thread about ecto or FoW armor turn into a flamefest about ebay?

Malice Black

Site Legend

Join Date: Oct 2005

Because people associate Ebay with Fow armour and ecto...these threads don't help.

Relambrien

Relambrien

Wilds Pathfinder

Join Date: Jan 2006

Delaware, USA

Error Seven Operators [Call]

W/

Don't have much time to read the thread, gotta post fast.

Why have checks when they do the same thing as an increase in the amount of money you can carry? That would be easier to program and have the exact same effect.

leprekan

leprekan

Wilds Pathfinder

Join Date: Oct 2005

Posers and Wannabes [nubs]

W/E

Quote:
Originally Posted by Sword
this is the most retarded thing i have ever read
Stick around guru spawns at least one like this everyday.

Anet can't touch ecto anyway it would really fubar the economy when the stampede to sell off happened.

Teger

Teger

Frost Gate Guardian

Join Date: Oct 2006

LLJK

A/Mo

Quote:
Originally Posted by leprekan
Stick around guru spawns at least one like this everyday.

Anet can't touch ecto anyway it would really fubar the economy when the stampede to sell off happened.
ah, but the smart people would buy up ectos while it dropped to 1k or so and wait till it rose to about 3k, the price of obby, which is where it probably should be...and then make a massive profit

sixdartbart

sixdartbart

Forge Runner

Join Date: Jun 2005

Peace Machine GRRR [DiE]

W/N

OH NO ectos cost too much

Should have been around when they were actually worth something.
Do you and the guy posting about not enough rubies and sapphires dropping live in the same commune???

Cacheelma

Cacheelma

Desert Nomad

Join Date: Jun 2005

The Ascalon Union

Me/Mo

Another sour grapes thread?! I guess it's because of the long holidays and people JUST have too much time on their hands.

Please, just leave the poor ecto alone. It's fine as it is.

leprekan

leprekan

Wilds Pathfinder

Join Date: Oct 2005

Posers and Wannabes [nubs]

W/E

Quote:
Originally Posted by Teger
ah, but the smart people would buy up ectos while it dropped to 1k or so and wait till it rose to about 3k, the price of obby, which is where it probably should be...and then make a massive profit
3 million copies sold .. 10 characters .. 105 ecto per armor set (non warrior). I assume you see where this is heading .. so might I ask why exactly ecto should only be 3k? Other than many are too lazy to work for it.

What you are actually wanting is a reversal of fortune .. tank the rich so that you can become rich.

Teger

Teger

Frost Gate Guardian

Join Date: Oct 2006

LLJK

A/Mo

Quote:
Originally Posted by leprekan
3 million copies sold .. 10 characters .. 105 ecto per armor set (non warrior). I assume you see where this is heading .. so might I ask why exactly ecto should only be 3k? Other than many are too lazy to work for it.

What you are actually wanting is a reversal of fortune .. tank the rich so that you can become rich.
its droprate is lower then obby, yes, but not that much lower that it warrents almost triple the price, which is why I think ecto probably isnt worth the 8k it goes for now. 5k for ecto would probably be about right, if it wasnt used extensivly as a form of currency.

leprekan

leprekan

Wilds Pathfinder

Join Date: Oct 2005

Posers and Wannabes [nubs]

W/E

Quote:
Originally Posted by Teger
its droprate is lower then obby, yes, but not that much lower that it warrents almost triple the price, which is why I think ecto probably isnt worth the 8k it goes for now. 5k for ecto would probably be about right, if it wasnt used extensivly as a form of currency.
Farm enough for a set of FoW and see if you still agree with what you posted. Not a few .. I mean farm a set worth I will check back in a few months.

Teger

Teger

Frost Gate Guardian

Join Date: Oct 2006

LLJK

A/Mo

Quote:
Originally Posted by leprekan
Farm enough for a set of FoW and see if you still agree with what you posted. Not a few .. I mean farm a set worth I will check back in a few months.
not intending to dodge your challenge there...but most of the classes I like to play as, the FoW armor looks like utter, err...poo... The sin FoW is not exactly an armor I would give up my 15k imperial (dyed black) to wear...although i would be the first person iv ever seen in the 17 or so months iv played to wear it...

Malice Black

Site Legend

Join Date: Oct 2005

leprekan has a valid point...you bust your balls for those 105 ecto then come back and tell us if each ecto is only worth 5k of your time.

wingzro

wingzro

Academy Page

Join Date: Sep 2005

Canada

I'm saving for the fow warrior helm. Don't plan on getting the full set, just the helm, since I like it the most. I've bought the 15 shards and so far 8 ecto from the the rare material trader. So I'm slowly accumulating what I need. When I do get it, I'll be relieved and satisfied that after a year of playing on my warrior, I finally got myself a piece of fow.

Malice Black

Site Legend

Join Date: Oct 2005

Just don't do the 15k glads with FoW helmet..it's hideous

leprekan

leprekan

Wilds Pathfinder

Join Date: Oct 2005

Posers and Wannabes [nubs]

W/E

Quote:
Originally Posted by The Admins Bane
Just don't do the 15k glads with FoW helmet..it's hideous
LOL, My war has 2 sets of armor (courtesy of space) FoW plate and 15k glads .. I haven't bothered replacing the knights fow boots which I used for both to save room. Yes, I am a hoosier!

bad person

Frost Gate Guardian

Join Date: Feb 2006

Quote:
Originally Posted by xiaotsu
The prices of ectos are decided by those that sell them.
Sorry, but the price for pretty much any product is decided by the buyers, not the sellers.

Sarevok Thordin

Sarevok Thordin

Desert Nomad

Join Date: Apr 2006

Scotland

W/N

Quote:
Originally Posted by The Admins Bane
Just don't do the 15k glads with FoW helmet..it's hideous
ALL FoW armor is hideous with the exception of the Rt FoW, which is ungodly awesome o_o

BoondockSaint

BoondockSaint

Lion's Arch Merchant

Join Date: Mar 2006

R/Me

Gaww... Looks like we have an economist and a foreign policy expert playing Guild wars.

If anyone cares:

Before World War I, the world economy operated on a gold standard, Nations attempted to revive the gold standard following World War I, but it collapsed entirely during the Great Depression of the 1930s. Following the success of WW 2 The United States provideed foreign aid to many countries throughout the world. Granted the U.S. foreign aid budget in 1998 was almost 50 percent less than it had been in 1946 the economy was nealry 100 times stronger.

Also by the year 2000 the ameircan dollar was no longer worth the most (campared to the pound or the Euro) but because of the stabality of the Ameircan nation and the American economy you would be hard pressed to find a nation that would not accept U.S currency, especially in nations that were given aid.

Phew... sorry about that, ignorance gets me all rawled up like that.

as for the ecto, I think its fine the way it is as many have already posted

sixdartbart

sixdartbart

Forge Runner

Join Date: Jun 2005

Peace Machine GRRR [DiE]

W/N

Boondock; don't get too worked up over someone you made a thread with the word "rethinked" in it

Curse You

Curse You

Furnace Stoker

Join Date: Apr 2006

South Pole

The Magus Order

N/Mo

The price of Globs of Ectoplasms is determined by the Rare Material Traders, who determine their prices based on the ratio of the number of Globs of Ectoplasms sold to them against the number of Globs of Ectoplasms purchased from them. The price is not determined by the buyer (unlike with greens).

Venus was her name

Frost Gate Guardian

Join Date: Feb 2006

Cornwall, UK

W/N

Ecto...the topic creator is 100% correct in stating that the price of ecto is due to its role as a money substitute. Take it to the extent that the GW economy all runs around the price of ecto.

Changing this now would be a very very bad idea and would play havoc with the game, would completly de-stabilise the ingame economy.

Whether or not topic creator is correct you couldn't ever change how it is, its too late.

my opinion? ecto price shouldnt be detirmined by the fact its used in trade. and i dont believe 105 ecto 105 shards is very fair or logical for Fow armour. I personally hate how the FoW armours look, and ive had the money in the past to buy FoW various times. But the GW economy matters more than whether something is logical or fair. (is capitalism fair?? is it heck) I exercise my right to not ever buy FoW armour becuase it looks worse than 1.5k armour

sixdartbart

sixdartbart

Forge Runner

Join Date: Jun 2005

Peace Machine GRRR [DiE]

W/N

Think the lighthouse trick on the grentchies will work on all these loony Libs???

BTW Venus I noticed you are typing in English

w00t!

Wilds Pathfinder

Join Date: Aug 2005

Sorrow's Furnace Hot Tub

RoS

Mo/Me

Quote:
Originally Posted by Teger
not intending to dodge your challenge there...but most of the classes I like to play as, the FoW armor looks like utter, err...poo... The sin FoW is not exactly an armor I would give up my 15k imperial (dyed black) to wear...although i would be the first person iv ever seen in the 17 or so months iv played to wear it...
I've seen it. I helped a Sin get (maybe the first) set of FoW armor. It looked just silly. Kind of like Solid Snake meets Penny Arcade meets ?


Don't salvage your Imperial any time soon.

xiaotsu

Desert Nomad

Join Date: Feb 2006

Doomlore Shrine

Just Us Gamers [JUGs]

R/

Quote:
Originally Posted by bad person
Sorry, but the price for pretty much any product is decided by the buyers, not the sellers.
Eh, don't be so sure of that. Let's look into the real world for a comparison(yes, I know, the real world is not GW, same concept though).

Look at gas prices, the companies set those prices, we're all angry about it, they just keep going up and up. Let's see, we, the buyers, didn't set those prices.

Now look at ectos, let's say you see 12 people selling ectos for 8k each. Offer all 12 people 7.5k each and they're going to laugh at you because they know they can get 8k. Gg, yet again the sellers set the standard.

That wasn't my point, though. What I was getting at was that if Anet set the prices for ectos they would screw up the player-made economy, whether it's the sellers or the buyers deciding the prices doesn't matter.

|pyro|

|pyro|

Wilds Pathfinder

Join Date: Jun 2006

Me/

poor nooob , noob idea

escoffier

escoffier

Academy Page

Join Date: Nov 2006

known-destination:unknown

bawls deep [pron]

Rt/W

everyone please consider the source...the word rethinked is in the thread title.

w00t!

Wilds Pathfinder

Join Date: Aug 2005

Sorrow's Furnace Hot Tub

RoS

Mo/Me

Quote:
Originally Posted by escoffier
everyone please consider the source...the word rethinked is in the thread title.
Rethunked?

LifeInfusion

LifeInfusion

Grotto Attendant

Join Date: May 2005

in the midline

E/Mo

They are gradually replaced by rubies, sapphires, diamonds, and the gems form DoA. That is the main reason for the decrease. In addition, a larger player base with each additional chapter adds to the supply.

Lumenil

Academy Page

Join Date: Jun 2006

It's a nice idea.. I dont think new or old rare materials are meant to be money substitutes. I would call them "Xunlai checks" that Xunlai representatives would exchange in to gold for a small fee.

Anphobia

Anphobia

Frost Gate Guardian

Join Date: Sep 2006

R/Me

Couldn't Anet just allow players to carry 200k on them as apposed to 100k, that way ecto's would become less needed and the price would surely drop in time without any disastrous economistic effects.

ACreator

Lion's Arch Merchant

Join Date: Sep 2006

Mo/

I like the check ideia

Sam I Are

Sam I Are

Lion's Arch Merchant

Join Date: Jun 2006

Club of a Thousand Pandas [LOD???]

A/N

hmm.... I can see were the thread starter is coming from, but I think they're just fine as they are considering people still buy fow armor and still use them for trade (And people still bitch about them).
P.S. As for the thread title "rethinked" should be rethought. But looking at the post, it seems as though he/she's not a fluent english speaker.