~~Questions about ECTOS~~

Prof Of Black

Prof Of Black

Desert Nomad

Join Date: Nov 2006

@ Sensation Black

Death is Energy [DIE] ~ Raining fame alliance

Hi all

Ectos have been 11k, 10k, 9k, 8.5k now..

What is going on?!

I managed to sell all my ectos at 8k ea.

I hope that's good.

Can someone explain me what's going on with ectos atm, and what you think is going to be the price in a few days?

Thanks

Commander Ryker

Site Contributor

Join Date: Jun 2005

R/

Supply and demand. You should have held on to them tho, I hear they're going up.

tommarrow

tommarrow

Wilds Pathfinder

Join Date: Dec 2005

Shyft Machine [MYTH]

E/

Hard modes means they drop more often. Plus with the new scrolls America can have access even when they don't have favor.

idicious

Lion's Arch Merchant

Join Date: Dec 2006

Holland

LoD

P/W

The update on friday made it so that when you solo farmed you got 1/8th of the drops you got before, including ecto. Everyone started buying ecto's when they knew that while it was still cheap because it was certain they would increase in price dramaticly since in essence solo farming had no more use (since no matter how many people you were with in a group you got drops as if you were with a full group) and thus ecto prices rose by the hour (quit litterally, when I went off they were at 13k and I think it went up a bit still after that)

The follow-up update made so that green drops, rare drops, rare material drops (including ecto) and several other types returned to their normal drop rates, and in normal mode the AI was decreased so enemies scatter only at very high damage (the VwK W/Rt build they don't scatter at all any more) so farming UW has become twice as fast as before the update for a good number of commen builds, so ecto prices have dropped under what they first were.

Hope this clears it up a bit

Prof Of Black

Prof Of Black

Desert Nomad

Join Date: Nov 2006

@ Sensation Black

Death is Energy [DIE] ~ Raining fame alliance

Thanks guys

Any more opinions about prices?

Prof Of Black

Prof Of Black

Desert Nomad

Join Date: Nov 2006

@ Sensation Black

Death is Energy [DIE] ~ Raining fame alliance

Back again ^^

Got a question: Ectos were 8.5k yesterday, now they are (still?) 8.5k.

Can someone tell me if they have been 9k or 8k today?

Thanks if someone replies to my silly questions xD

malko050987

malko050987

Wilds Pathfinder

Join Date: Jan 2007

Arad, Romania

The Arctic Marauders [TAM] - now recruiting!

R/

Umm.. just check a Rare Material Trader for price, and then sell for 500gp-1k less. Buy for 1.5k less if you manage it. No need to wait for forum posts.

joze

joze

Jungle Guide

Join Date: Jul 2006

if a permanent ecto-price drop of 1-2k would happen, it would screw up the whole gw-economy. imo, they won't drop. only rise.

Coridan

Coridan

Forge Runner

Join Date: Jun 2006

US

Old Married Gamers {OMG}

W/

still around 8 to 8.5 from what i seen so far today

Prof Of Black

Prof Of Black

Desert Nomad

Join Date: Nov 2006

@ Sensation Black

Death is Energy [DIE] ~ Raining fame alliance

Thanks guys, prices have been solid for 2 days now ^^
Changing from 9-8.5k still.

Antheus

Forge Runner

Join Date: Jan 2006

Heh, mass histeria.

Prices drop a bit, some people panic and sell.
Due to increased supply, prices drop a bit more.
Due to price drop, more people panic and sell.
Due to much increased supply, prices drop even more.
Due to large price drop, even more people panic and sell
And so on...

Prices now probably won't drop much more.

fb2000

Desert Nomad

Join Date: Apr 2006

they will drop.. they went up coz ppl panicked, started dropping a lot in uw, dropped down, ppl started buying, went up, now they are dropping down because the buying is starting to subside.

in the long run theyll drop down imho.. used to be 6k a long time ago, i see them getting 7k soon enough

Chrono Re delle Ere

Chrono Re delle Ere

Jungle Guide

Join Date: Jul 2006

The Land of Hyrule

[GoE]

W/

As for as remeber, I've always bought and sold ectoes for 8.5k, always. I hope they will fall, like this I can have my fow faster xD And yea, I'd be pleased to see all the GW economy be screwed up as, atm, it's simply "lot of laugh"

Prof Of Black

Prof Of Black

Desert Nomad

Join Date: Nov 2006

@ Sensation Black

Death is Energy [DIE] ~ Raining fame alliance

Argh, ectos 8k @ trader atm.

boxterduke

boxterduke

Furnace Stoker

Join Date: Jun 2005

Walking the ruins of Ascalon

DVDF

Me/

I think the price will drop more so get used to it.

Farming for money and noramal mercnant items is dead.
People are going to move into ecto farming since ectos are not affected by the loot changes.
Bots will hit the UW to farm ectos to get their money.
Good thing that you sold your ectos.
Time to find some other means of storing gold
Black dye?

Prof Of Black

Prof Of Black

Desert Nomad

Join Date: Nov 2006

@ Sensation Black

Death is Energy [DIE] ~ Raining fame alliance

Yeh thats true, just sold some ectos at 7.9k ea when trader was 8k ^^

I have 150 shards atm, seeing they are always ~3k, lots of buyers, no sellers, and farming fow is a bit harder?

bilateralrope

bilateralrope

Desert Nomad

Join Date: Nov 2005

New Zealand

Xen Of Onslaught (Xen of the Pacific division)

Quote:
Originally Posted by boxterduke
Time to find some other means of storing gold
Do that, and you really crash the price of ecto.

ischuros

ischuros

Lion's Arch Merchant

Join Date: Jul 2006

Ireland

N/Me

Ectos are a self regulating (to a degree) form of currency. The farmers, the ones who get it, don't want to sell it for too cheap a price, so they, as a collective (but not through collusion, just general self interest) will try to keep the ecto price up. Since it is, not easier, but more common to get ectos now, many would be buyers might go to the UW as a means of getting their own ectos and an increase of ectos in the system would be the result.

If ectos remained, from the farmers price, at 8k or so, a counter market, maybe through PvE guilds that would do the UW (like mine) would come about, possibly. Now, since the ecto price would still be 'high', but there are more of them, at cheaper prices, the 'high' price of ectos may drive a steady rate of inflation. More ectos=more gold, and more gold would mean that items could be sold at a higher price.

If ectos drop in price, we would still highly priced items, but they would generally be worth the same, i.e 100k + 8E before update, and maybe +12 E after it. The price has gone up, but you are still paying the same amount, because ectos have dropped.

Two possible scenarios, or, most likely, I'm just talking bull. You decide...

Eldin

Eldin

Forge Runner

Join Date: Dec 2005

America. How about you, commie?

Fellows of Mythgar [FOM]

R/Mo

Ecto prices are declining in general, but in terms of if you want to make a bit more money, sell to players. They often buy them for less than the trader would sell to them for, but for more than the trader would buy from a person for. (Not too hard to find people buying ectos, look in ToA or LA)

Took me 5 days to farm my 15k armor, and that was before the farming code was implemented, and before Ettins were nerfed. To me I will never get FoW, and 15k is enough of an achievement.

malko050987

malko050987

Wilds Pathfinder

Join Date: Jan 2007

Arad, Romania

The Arctic Marauders [TAM] - now recruiting!

R/

Ranger FoW looks bad. Primeval rocks, though.

And to be on-topic: The ecto price will become stable again as the new farmers get into it and get used to the new drop rate. It will take a while, though.

October Jade

October Jade

Wilds Pathfinder

Join Date: Jul 2005

drifting between Indiana and NorCal

Quote:
Originally Posted by Prof Of Black
Hi all
Ectos have been 11k, 10k, 9k, 8.5k now..
What is going on?!
I managed to sell all my ectos at 8k ea.
I hope that's good.
Can someone explain me what's going on with ectos atm, and what you think is going to be the price in a few days?
Thanks
Quote:
Originally Posted by Prof Of Black
Yeh thats true, just sold some ectos at 7.9k ea when trader was 8k ^^
I have 150 shards atm, seeing they are always ~3k, lots of buyers, no sellers, and farming fow is a bit harder?
Honestly, what's the point of this thread? It appears to me that the OP is just a materials speculator who is too lazy and/or incompetent to play the market on his own.

Quote:
Originally Posted by joze
if a permanent ecto-price drop of 1-2k would happen, it would screw up the whole gw-economy. imo, they won't drop. only rise.
Please put forth a coherent reasoning behind this statement. The overall well-being of an economy is not tied to the price of any one item, regardless of its supposed importance or role. If the price continues to drop, players will simply substitute out of ecto into some other commodity such as dyes or gemstones.

The world will go on. Even this virtual one.

Prof Of Black

Prof Of Black

Desert Nomad

Join Date: Nov 2006

@ Sensation Black

Death is Energy [DIE] ~ Raining fame alliance

Omg, did you even bother to read the other replies?

I'm asking for why this is happening, and what ppl think that will happen in the future.

Btw, there are much more ectos then gemstones, gemstones are hard to sell.

Thread can be closed too, got my answer already.

Whats the point of your reply?

joe mommas

joe mommas

Ascalonian Squire

Join Date: Apr 2007

School Of Hard Knocks [SOHK]

W/E

ok i have a question about the ectos too. in hard mode is it still possible to 55 the aataxes or what and what lvl r they? and the ectos go up in price when people buy from other people the longer time period when someone doesnt buy an ecto from a trader the more i t goes up. btw help me encourage people to buy form people bcuz i solo farm UW and i hate having to sell them for only 8k ea, wereas i could be selling them at 9.5k or so. i remember when i sold them for 11k ea... i was a very very rivh man... (ign joe mommas)