Ectos need to be reviewed
Drop of Fear
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?
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
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? |
Malice Black
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.
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
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. |
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
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
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.
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
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. |
the "fow for me but i cant afford" is not the point here
-------------> exit
Sword
this is the most retarded thing i have ever read
Thargor
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?
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
Because people associate Ebay with Fow armour and ecto...these threads don't help.
Relambrien
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.
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
Quote:
Originally Posted by Sword
this is the most retarded thing i have ever read
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Anet can't touch ecto anyway it would really fubar the economy when the stampede to sell off happened.
Teger
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. |
sixdartbart
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???
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
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.
Please, just leave the poor ecto alone. It's fine as it is.
leprekan
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
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What you are actually wanting is a reversal of fortune .. tank the rich so that you can become rich.
Teger
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. |
leprekan
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.
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Teger
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.
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Malice Black
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
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
Just don't do the 15k glads with FoW helmet..it's hideous
leprekan
Quote:
Originally Posted by The Admins Bane
Just don't do the 15k glads with FoW helmet..it's hideous
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bad person
Quote:
Originally Posted by xiaotsu
The prices of ectos are decided by those that sell them.
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Sarevok Thordin
Quote:
Originally Posted by The Admins Bane
Just don't do the 15k glads with FoW helmet..it's hideous
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BoondockSaint
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
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
Boondock; don't get too worked up over someone you made a thread with the word "rethinked" in it
Curse You
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
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
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
Think the lighthouse trick on the grentchies will work on all these loony Libs???
BTW Venus I noticed you are typing in English
BTW Venus I noticed you are typing in English
w00t!
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...
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Don't salvage your Imperial any time soon.
xiaotsu
Quote:
Originally Posted by bad person
Sorry, but the price for pretty much any product is decided by the buyers, not the sellers.
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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|
poor nooob , noob idea
escoffier
everyone please consider the source...the word rethinked is in the thread title.
w00t!
Quote:
Originally Posted by escoffier
everyone please consider the source...the word rethinked is in the thread title.
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LifeInfusion
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
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
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
I like the check ideia
Sam I Are
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.
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.