Long Term Concern for the Farming Updates

Okay, so here's what i'm thinking.

Now that the money/white/blue drops are nerfed, while the gold/green and rare material drop rates remain the same. Where are the currency gonna come from? The farmers sell gold and green items to people who are not able to farm them(will be known as Noobs from here on, no insult intended), and the source of income of those Noobs come from the white and blue drops.

When the Noobs have no money, all the elite items would only have a face value of say 100k but no demand for it. Because they would need what little cash they have for the armor and skills, since armorers don't accept ectos as payment. Farmers would have a bunch of elite items racking up storage space.

So in the long run, the price of the ectos/greens/good golds will drop, and the only thing that has increased in value is money itself. There will also be an increase in trading item for items, a la Diablo 2, which IMO has one of the most messed up economy I've seen, and the irony lie within the fact that a good portion of the GW creators came from the D2 team.

Message of the story is? Hold on to your gold pieces fellas, and if you're thinking buying a Max Crystalline Sword today, don't cuz you might get a huge discount in a few weeks. Of couse, this is just my opinion, i could be wrong.

price in ecto already dropped by a big chunck,good thing to me though

Also gold item prices should drop as well as I my self have had over 12 Dead Swords drop on as little as 6 runs. Granted most were not max stats but none the less I have gotten more since the HM came out then I had in the past.
The more rare items that drop drops the price of that item not increases it.
Just think if everytime you went to UW or FOW you came out with 20 ecto or shards per person , What would the price do then Drop to almost nothing. So the prices will not drop because no one has money yo buy them it will drop because every one will have them so if you have them now sell them for top dollar because in a month or so from now the price will hit bottom. But like in the real world the rich will be rich and the poor will be poor.

Driving down prices was pretty much the entire point of the nerf. We'll have to see how effective it is.

WTB Ectos 5k each!

I like the changes.

Its a shame I used my ectos on armour when they were 11K @ Rare Mats. Trader... Oh well.

I know, before the update I could of sold my sup Healing Prayers rune for 8k, now with the update, it's only 3k at the trader now. We can only guess right now that when ppl were charging 100+5ectos for that fancy zodiac bow, they thought zomg that's way over the limit. And now we can only expect that fancy bow to be sold for a only a little 50k or maybe even less. Or maybe it was to stop those sweat shop kids from farming gold all day for only 50 cents. W/e the case I wish I farmed more.

What the concern is, is that lets say new players to Guild Wars will find making gold not as easy. I was making good money of selling white, blue and the occasional purple drop along with the gold when I started Guild Wars a few months back, mainly from farming outside LA with the "Ascalon Settlement" quest active. That would not be the case anymore.

theres already a few post on this in other places where i basically said the same thing as kumarshah, and people laughed at me saying no one cares about "noobs". yeah.. and look at diablo..

The market is becoming flooded. Nobody wants anything that's not perfect req anymore. Even the "uber" skins are going to be a dime a dozen soon. Sell your stuff now for whatever you can get and rebuy it later for 1/3rd the price...

if you take all the gold alone from purple white blue drops of useless unsellable and sell it you will average probably 5-6k per hour. Before a farmer could get at least 15k an hour.And an experience farmer can get up to 30k an hour in just pure gold from reselling junk to just the merch. If the price of ecto was to drop to 5k you still will lose out if you were a farmer or experience farmer because it will take you 2-3 times longer to get the same reward. And the bad thing is that players will horde there gold because of this and the market will not move efficiently. If you look at the market spam has doubled already.

Woot for me.

Sold 58 ectos when they were 8.5k a piece

I hope prices dont drop too drastically however, it would kill the game.

why would anet care if the bots just buy 7 more accounts, more money for them and i bet thats all they care about