What Caused Spike In Ecto Price: 9.5k ---> 15k

The Herbalizer

The Herbalizer

<3 Ecto

Join Date: Jul 2005

Anyone got any ideas of what cause the price of ectos being sold at the rare material trader to go from 9.5k to 15k?

Would be interesting to work out why it happened?

Edit: Obsidian Shards and Damask also went up.

Knightsaber Sith

Knightsaber Sith

Furnace Stoker

Join Date: Aug 2006

Few Fallen Heroes [FFH]

W/E

That's a good question, you'd think they'd be going down.....

ca_aok

ca_aok

Krytan Explorer

Join Date: Sep 2006

Xen of Onslaught

E/Me

People in Asian territories who now have the chance to get into FoW to buy armor. Since their countries never have favor, they had to buy their ectos from the trader, so the prices went up. That, and the drop rate has plummeted into oblivion. You'll get an ecto faster farming somewhere else and merching the drops at this point.

If that actually is the answer, one wonders why shards have not increased as well. Though their availibility seems to be higher.

The Herbalizer

The Herbalizer

<3 Ecto

Join Date: Jul 2005

Quote:
Originally Posted by ca_aok
People in Asian territories who now have the chance to get into FoW to buy armor. Since their countries never have favor, they had to buy their ectos from the trader, so the prices went up. That, and the drop rate has plummeted into oblivion. You'll get an ecto faster farming somewhere else and merching the drops at this point.

If that actually is the answer, one wonders why shards have not increased as well. Though their availibility seems to be higher.
I remember guildies and alliance memeber paying 2.x k for shards earlier today and at trader when ecto was 15k the shards were 4.4k so your theory on asian players buying fow armour seems pretty good.

Mr. Fahrenheit

Lion's Arch Merchant

Join Date: Dec 2006

Broadway

D/

Why did the drop rate plummet?

holababe

holababe

Jungle Guide

Join Date: Dec 2006

Goon Squad [LLJK]

Mo/

Open Access Weekend

Mr. Fahrenheit

Lion's Arch Merchant

Join Date: Dec 2006

Broadway

D/

Lowering the drop rate of the ectos was part of the event?

Wrath Of Dragons

Wrath Of Dragons

Burninate Stuff

Join Date: Aug 2005

New Mexico

E/Mo

Quote:
Originally Posted by Mr. Fahrenheit
Lowering the drop rate of the ectos was part of the event?
No. its just that the more people farming an area, the less drops there SEEM to be. the truth of that has yet to be confirmed, i think

holababe

holababe

Jungle Guide

Join Date: Dec 2006

Goon Squad [LLJK]

Mo/

Well, I suspect ANet lowered it so that the economy didn't get wrecked.

Mr. Fahrenheit

Lion's Arch Merchant

Join Date: Dec 2006

Broadway

D/

I always thought UW was like a mission area.
And missions are unaffected by the anti-farm code right?

olly123

olly123

Krytan Explorer

Join Date: Apr 2006

sh*tvill england

tgc

Mo/

Quote:
Originally Posted by Mr. Fahrenheit
I always thought UW was like a mission area.
And missions are unaffected by the anti-farm code right?
dont think so, what baout the old skelly farm form desalro sea boaredf, i think i got hit by the anti farm there

milkflopance

milkflopance

Lion's Arch Merchant

Join Date: Dec 2006

England

The Cult of Scaro [WHO]

Quote:
Originally Posted by holababe
Well, I suspect ANet lowered it so that the economy didn't get wrecked.
Im on the european server and ectos have been dropping like crazy. I had 4 in the last run and 3 before that, Not to mention the 2 black and 1 white dye that i found there as well.

Gaia_Hunter

Academy Page

Join Date: Oct 2006

I ve been farming the uw yesterday and i still got the average 1 ecto per run (only smithes, no aataxes), with the semi-odd 0 ecto and 3-4 ectos run. I seem to have got a few more golds than usual though.

Shards didnt go up as much only in absolute value, cause in relative terms they easly went up 50%.

Envious

Envious

Frost Gate Guardian

Join Date: Dec 2006

13N/144E FoKai

Yes, I was surprised too when I saw the price of ectos go up. I also have been getting more golds than usual as well, but I've been getting 1-2 ectos a run.

Don Zardeone

Don Zardeone

Wilds Pathfinder

Join Date: Oct 2005

Euros and ami always have favor. Everyone else does not.
So now all the asians and others are getting their fow armour.

Nothing surprising about that.

Retribution X

Retribution X

Desert Nomad

Join Date: Nov 2005

Check behind you again.

N/

Asians getting their FoW.

I haven't seen an ecto in 23 UW runs I did today. Nor any shards in 2 FoW runs.

Maybe you can only get Ecto if your country has favor?

milkflopance

milkflopance

Lion's Arch Merchant

Join Date: Dec 2006

England

The Cult of Scaro [WHO]

Quote:
Originally Posted by Retribution X
Asians getting their FoW.

I haven't seen an ecto in 23 UW runs I did today. Nor any shards in 2 FoW runs.

Maybe you can only get Ecto if your country has favor?
After a load of runs the ectos stopped dropping. I did grand court to see if it was the anti-farm code and the next run i found 3.

And im not sure about your favor theory, i didn't check to see if we had it.

eVeRt

Lion's Arch Merchant

Join Date: Feb 2006

Netherlands

N/

Quote:
Originally Posted by Wrath Of Dragons
No. its just that the more people farming an area, the less drops there SEEM to be. the truth of that has yet to be confirmed, i think
Gaile has said in the past that that is not the case. She said it when replying to the yohlon haven-bot-fest problem. Unfortunately I don't have a link.

Mesmer in Need

Mesmer in Need

Forge Runner

Join Date: Mar 2006

[ToA]

i went solo 3 times on friday and god four, saturday i went with a team and got one total. i think the drop rate is the same, but ca_aok said is probably what happened.

Pure Disasta

Lion's Arch Merchant

Join Date: Dec 2006

I got 2 ecto 2 days ago and a black yesterday thats it. So id say yes the drop rates got lowered. I did manage to buy 65 ecto at 7.5k and 45 shards at 2k.

My-way Ftw

My-way Ftw

Frost Gate Guardian

Join Date: Mar 2007

Port Sledge *shivers*

Glob of Ectospasm [GoE] // SMS Alliance :)

W/

My theory is this:

Prices went down at start of event (yes they did).
Therefore more people bought ectos from the trader because real players didnt want to sell their own ectos so low.
Therefore the trader had less stock, so his price went up.
Atm, from what ive heard from guildies, is that not many people are buying because they are overpriced, so the ecto price is stable in the upper level now.

Just my theory, although the one about koreans/japanese not having favour and buying out trader stock sounds valid as well.

onerabbit

onerabbit

Grotto Attendant

Join Date: Mar 2006

Thanks to all the guru [mods]

Hey, erm..when did they spike to 15k? :S just looked at trader and there still 9.5k

HawkofStorms

HawkofStorms

Hall Hero

Join Date: Aug 2005

E/

Quote:
Originally Posted by badfish34668
always one retard who says this.
Umm.. actually that makes a lot of sense. Only idiots actually buy ectos and shards from the traders and pay 1-2k more per ecto then they have too.

Crazyvietguy

Crazyvietguy

Krytan Explorer

Join Date: Aug 2005

[Njk]

Rt/

Quote:
Originally Posted by HawkofStorms
Umm.. actually that makes a lot of sense. Only idiots actually buy ectos and shards from the traders and pay 1-2k more per ecto then they have too.
It actually doesnt make much sense at all. The issue here isnt why have they gone up over time. Its just for this weekend.

The obvious answer is because the asian/austriallian/etc. are getting all of their FoW armor.

Plus.. why would the people who buy gold all at once buy all of their ectos and shards today..only?

The Herbalizer

The Herbalizer

<3 Ecto

Join Date: Jul 2005

Quote:
Originally Posted by HawkofStorms
Umm.. actually that makes a lot of sense. Only idiots actually buy ectos and shards from the traders and pay 1-2k more per ecto then they have too.
Um, no. I know alot of people who dont have time to spam WTB: Shards for hours on end as noone is selling in bulk. It is alot of hastle and if you can afford FOW armour chances are spending a few k more doesnt really make a difference. I have bought several hundred ecto at the trader throughout playing Guild Wars for a number of reasons. Sometimes people have not been selling in bulk, other times the price of ectos from players is only like 500 gold less than trader and buying from trader again ensures less hastle. If you are in a rush and people are not selling in bulk then buying from trader is the only option. I havnt had the need to buy ecto for months now so its doesnt really affect me now.

Anarkii

Anarkii

Jungle Guide

Join Date: May 2005

-None-

R/Me

I bought nearly all ectos and shards for my first character's(ranger) FoW from the trader long back, since I was out of patience. Pretty sure lots of people do the same.

So the Asians buying their FoW armor, causing the spike is a pretty decent theory.

A Leprechaun

A Leprechaun

Desert Nomad

Join Date: Feb 2006

W/

When I first started farm the UW a while ago I got 2 ecto on my first run 1 on my secind and then none for my next 10, now Ive just started again and I got 2 on my first 1 on my second and not one since

Thats not really to do with the question, the asian FoW theory sounds good.

~A Leprechaun~

c_ras

c_ras

Krytan Explorer

Join Date: Jul 2006

Eternal Deliverance

R/

Yesterday I saw the prices for Ecto at 9.5k. Please don't tell me they jumped up to 15k because I sold a bunch of Ecto yesterday that I got from my GREAT Ecto-rich weekend.

- Aldoros of Faydark