Why is ECTO price in the toilet?
OxoZoso
With Solo Farming essentially nerfed, why would ecto drop from 11k to 7.5k? Seems ecto would rise with loss of supply...
VGJustice
Because Rare Crafting materials are exempt from the loot scaling.
xDusT II
if they are exempt from loot scaling, shouldn'tt hey just stay the same as before?
Hockster
Because of the dumbed down Noob Mode, farming is easier than ever.
ArTy
SELL SELL SELL
Perhaps people are just freaking out and cashing in their ecto stocks
Time for them to invest in new mini's methinks haha.
Perhaps people are just freaking out and cashing in their ecto stocks
Time for them to invest in new mini's methinks haha.
VGJustice
Nope, because they also said they dropped the farming code. Meaning, you can farm UW all day long and not have your drops effected.
And since Ectos are not bound by the loot scaling, they drop more often for small parties. Add to that the UW entrance scrolls that mean you don't have to wait for favor and you've got a recipe for lower prices on ecto.
And since Ectos are not bound by the loot scaling, they drop more often for small parties. Add to that the UW entrance scrolls that mean you don't have to wait for favor and you've got a recipe for lower prices on ecto.
Shivan-
and the fact most of the 'gold' usually came from excessive farming of areas which dropped whites etc which could be readily merchanted...with that gone... there actually is less GOLD coming into the economy while there is still the same amount of ectos if not more
mr_groovy
People get less Normal drops (Money,Whites, Purples) -> They Merch less -> Get Less money for merch Farming -> Hoping to get money from trading gold items -> lot's of gold (including rare, colossals anyone? ) items on the market -> prices of these rares go down -> need less ecto to pay for these items -> Ecto prices go down.
Give it 2-3 months and the prices will become more stable hopefully. On a brighter side,if you need fow armor you can get with 40% discount now ^^
Give it 2-3 months and the prices will become more stable hopefully. On a brighter side,if you need fow armor you can get with 40% discount now ^^
Hobbs
I'm in the process of getting FoW armour 
. ANd i've stopped farming ecto a few months ago, the economy is playing my game 
Rehnahvah Gahro
First because of the easier Normal Mode, but I think there's another factor: After the first "Anti-Farm" Update, everything had a decreased droprate (if you go out alone), so Ectos got to 11k (there was a higher demand for Ectos, because everyone thought they would become rather rare).
Then rare materials were excluded from this "Anti-Farm", and because the price of Ectos was so high at that time, many people sold their Ectos to the merchant for a quite good price (instead of trying to sell them to other players, because noone will pay 10k per Ecto), because they knew that the price would drop again. And they did indeed, they are now as frequent as before the update, if not more frequently. (Easier Normal Mode).
EDIT: While I wrote this explanation with my poor english-skills, at least 5 other people hit the nail on the head -__-
Then rare materials were excluded from this "Anti-Farm", and because the price of Ectos was so high at that time, many people sold their Ectos to the merchant for a quite good price (instead of trying to sell them to other players, because noone will pay 10k per Ecto), because they knew that the price would drop again. And they did indeed, they are now as frequent as before the update, if not more frequently. (Easier Normal Mode).
EDIT: While I wrote this explanation with my poor english-skills, at least 5 other people hit the nail on the head -__-
Kool Pajamas
Quote:
|
Originally Posted by Shivan-
and the fact most of the 'gold' usually came from excessive farming of areas which dropped whites etc which could be readily merchanted...with that gone... there actually is less GOLD coming into the economy while there is still the same amount of ectos if not more
|
More people farming ecto and less people that can afford to buy the ecto = lower prices.
Drop of Fear
another good reason = companies selling gold raised their price by 300% after the hard mode loot scaling update.
less real life rich ebayers buying ectos from the trader = ecto price down
less real life rich ebayers buying ectos from the trader = ecto price down
fb2000
apart from the gold "deflating" and everything, ecto is a lot faster to farm than before (in my opinion at least).
maybe memory might be tricking me, but ecto used to be around 6k at the time of spirit bond wasnt it.. 7-8 months ago
maybe memory might be tricking me, but ecto used to be around 6k at the time of spirit bond wasnt it.. 7-8 months ago
EPO Bot
Anet gave people what they wanted: Fow armor for casuals. So stop moaning already.
Viet Spirit
I think it has more to do with increase in supply of ectos (you surely know why) than the decrease of gold coming into the market. It's because I dont think gold coming to the market has been decreased that tremendously. Gold sources from white/trash items now have been replaced by more rare drops (gold items) in HM and HM or UW-NM is where hardcore famers farm.
mr_groovy
Also most people who had nothing better to do then getting Fow / Expensive items for their chars gone hard mode instead.
reetkever
Quote:
|
Originally Posted by mr_groovy
Also most people who had nothing better to do then getting Fow / Expensive items for their chars gone hard mode instead.
|
Ecto prices are getting lower, cause all the other farm runs got nerfed. Now people who didn't farm UW before, had to do it now.
Also, WAY more people can do Underwold now with the scrolls. (I mean, Japan and Korea etc almost never had favor, but now they can go into UW very much.)
And we get the deflation effect at the moment: People bought ecto's before, but they don't dare to buy now, cause they think the price might drop even more. This is why there is more supply than demand.
Kas
The prices where doomed the second they excluded rares and rare materials from the loot scaling effect. Hardmode however drops those things better than ever before in areas that didn't drop anythign worthwhile before. So now a lot (and I mean a lot) of the rare skinned weapons are earthbound in their prices. Who in his right mind will buy a Colossal Scimitar for 1.000 p when he can just farm the area for 2 or 3 days and get it nonetheless.
So with the loot exception, every price is earthbound due to extense oversaturation of goods. Plus the farmers have been hit reaaaaally hard with the update while the newer players haven't been hit at all. It's basically a message shoved down the throats of the playerbase "if you f*cks don't lower your prices for the newbie, we make you do it". And this is what this is all about, why everything is losing value left and right. So the lazy newbie can get his stuff faster.
Basically, not much has changed for the older players instead that every price has lost 3 digits at the end same as the income has lost 3 digits at the end. Things will balance again but at a much lower level which is much more lazy guy friendly.
So with the loot exception, every price is earthbound due to extense oversaturation of goods. Plus the farmers have been hit reaaaaally hard with the update while the newer players haven't been hit at all. It's basically a message shoved down the throats of the playerbase "if you f*cks don't lower your prices for the newbie, we make you do it". And this is what this is all about, why everything is losing value left and right. So the lazy newbie can get his stuff faster.
Basically, not much has changed for the older players instead that every price has lost 3 digits at the end same as the income has lost 3 digits at the end. Things will balance again but at a much lower level which is much more lazy guy friendly.
fb2000
Quote:
|
Originally Posted by Kas
The prices where doomed the second they excluded rares and rare materials from the loot scaling effect. Hardmode however drops those things better than ever before in areas that didn't drop anythign worthwhile before. So now a lot (and I mean a lot) of the rare skinned weapons are earthbound in their prices. Who in his right mind will buy a Colossal Scimitar for 1.000 p when he can just farm the area for 2 or 3 days and get it nonetheless.
So with the loot exception, every price is earthbound due to extense oversaturation of goods. Plus the farmers have been hit reaaaaally hard with the update while the newer players haven't been hit at all. It's basically a message shoved down the throats of the playerbase "if you f*cks don't lower your prices for the newbie, we make you do it". And this is what this is all about, why everything is losing value left and right. So the lazy newbie can get his stuff faster. Basically, not much has changed for the older players instead that every price has lost 3 digits at the end same as the income has lost 3 digits at the end. Things will balance again but at a much lower level which is much more lazy guy friendly. |
basically this increases the gap between rich and poor/semi rich ppl
Kas
Actually my point was that the Gap decreases. Basically my assumption is that every item with the exception of HOH Items tremendously drops in price because every other rare can be easily farmed now.
Mursaat Weapons? Just go and waste Mursaats, they drop them like crazy now.
Colossal Scimitar? Oh boy, plenty of level 20 corsairs around now.
Sephis Axes? Grab your trusty smiter and kick some undead ass. Get dead bows and Sephis Axes along the way.
Elemental Swords? Chestrunning, rewards better than ever.
I mean seriously, what rare isn't dropping like a rock by now? Those that you can only obtain in the HoH, like the crystalline sword (the purple garbage versions of PVE just don't count).
So end of line, the rich keep their wealth. Basically, yet again the newbie can close in a lot faster than ever before. The gap is lowered, not widened.
Mursaat Weapons? Just go and waste Mursaats, they drop them like crazy now.
Colossal Scimitar? Oh boy, plenty of level 20 corsairs around now.
Sephis Axes? Grab your trusty smiter and kick some undead ass. Get dead bows and Sephis Axes along the way.
Elemental Swords? Chestrunning, rewards better than ever.
I mean seriously, what rare isn't dropping like a rock by now? Those that you can only obtain in the HoH, like the crystalline sword (the purple garbage versions of PVE just don't count).
So end of line, the rich keep their wealth. Basically, yet again the newbie can close in a lot faster than ever before. The gap is lowered, not widened.
Mr_Cynical
Quote:
|
Originally Posted by xDusT II
if they are exempt from loot scaling, shouldn'tt hey just stay the same as before?
|
Cacheelma
I'd say the price is in the toilet when it's less than 3k each.
Clone
Quote:
|
Originally Posted by Mr_Cynical
No, because a lot of the human players who would previously have farmed trolls, kappas, or things like that are now farming Ectos.
|
Here's to Anet and their creative math system where both of the following are true. 8/8 = 1. 8/1 = 1.
Dawns Tide
I think they should just increase the cap of how much gold you can carry.
Thats my 2 cents.
Thats my 2 cents.
GalaKnight
In all honesty. Items were and will always be way over priced. People charge a fortune for things that are essentially free. People inevitably inflate the economy. I like how they are crippling the economy in terms of sellable golds and the like do to the fact that the items should never have been so high priced to begin with.
Also another reason items may be dropping in price is more farming, the same thing happened before nightfall. Now that Eye of the North has been announced people are trying to farm gold so they can buy the new items and armors from the get go, it always happens with a new expansion in an mmo is announced.
Also another reason items may be dropping in price is more farming, the same thing happened before nightfall. Now that Eye of the North has been announced people are trying to farm gold so they can buy the new items and armors from the get go, it always happens with a new expansion in an mmo is announced.
darted
Quote:
|
Originally Posted by Kas
The prices where doomed the second they excluded rares and rare materials from the loot scaling effect. Hardmode however drops those things better than ever before in areas that didn't drop anythign worthwhile before. So now a lot (and I mean a lot) of the rare skinned weapons are earthbound in their prices. Who in his right mind will buy a Colossal Scimitar for 1.000 p when he can just farm the area for 2 or 3 days and get it nonetheless.
So with the loot exception, every price is earthbound due to extense oversaturation of goods. Plus the farmers have been hit reaaaaally hard with the update while the newer players haven't been hit at all. It's basically a message shoved down the throats of the playerbase "if you f*cks don't lower your prices for the newbie, we make you do it". And this is what this is all about, why everything is losing value left and right. So the lazy newbie can get his stuff faster. Basically, not much has changed for the older players instead that every price has lost 3 digits at the end same as the income has lost 3 digits at the end. Things will balance again but at a much lower level which is much more lazy guy friendly. |
Kas
I have a job and a family too. If someone wants something in a game which he can't achieve, he will have to wait a bit longer to get it. As simple as that, yet the way the lazy people wanted it (yes, lazy and maybe even moreso, impatient) is to lower the lower the barrier so even the most laziest player can get all the shinyest glittering loot.
lyra_song
The farm runs got less?
I dunno about you....but for me, Hardmode turned ALL 3 Games INTO FOW/UW and is open to farming. Theres now so much farming possibilities that didn't use to exist since everything has max level enemies.
I dunno about you....but for me, Hardmode turned ALL 3 Games INTO FOW/UW and is open to farming. Theres now so much farming possibilities that didn't use to exist since everything has max level enemies.
lacasner
Has anyone noticed a corralation between rune/rare material/sigil prices? When one goes down, all three go down.
Blame the Monks
Quote:
|
Originally Posted by GalaKnight
In all honesty. Items were and will always be way over priced. People charge a fortune for things that are essentially free.
|
In other news, the demand for ecto is down. Fow has always been semi-ugly and as drops increase for "rare" skins, there is less need for mass ecto for high end trades for torments and the like. Combine that with less gold chasing the same number of goods, and you have lower prices.
HayesA
Actually, this is so familer! We just went over this in my economics class! The law of Supply and Demand.
In this instance, the law states:
if price goes up, quantity demanded goes down. Although, if price drops, quantity demanded goes up. Inversely, if price goes up, quantity supplied goes up with it. If price goes down, quantity supplied goes with it.
Now, think about this, also, for a minute. If demand sinks, price at equalbium goes down, and quantity at equalbium goes down, too.
Although, if demand rises, the exact opposite happens. (Price at E goes up. and Q at E goes up.)
Now, this is the last law for this. If supply rises, Price at E sinks, & Q at E rises. (more goods. stauates the market. Price will go down.)
Although, if supply sinks, price at E rises, & Q at E sinks.
This can be attributed at any market good or service. (sorta like how there were so many forge runners at one point? And the price for a run went from 20k, to 2k?) The same thign is happened with the loot exceptions.
And there you have it. The law of supply and demand rules once again! (I should become an economics major. D: )
In this instance, the law states:
if price goes up, quantity demanded goes down. Although, if price drops, quantity demanded goes up. Inversely, if price goes up, quantity supplied goes up with it. If price goes down, quantity supplied goes with it.
Now, think about this, also, for a minute. If demand sinks, price at equalbium goes down, and quantity at equalbium goes down, too.
Although, if demand rises, the exact opposite happens. (Price at E goes up. and Q at E goes up.)
Now, this is the last law for this. If supply rises, Price at E sinks, & Q at E rises. (more goods. stauates the market. Price will go down.)
Although, if supply sinks, price at E rises, & Q at E sinks.
This can be attributed at any market good or service. (sorta like how there were so many forge runners at one point? And the price for a run went from 20k, to 2k?) The same thign is happened with the loot exceptions.
And there you have it. The law of supply and demand rules once again! (I should become an economics major. D: )
Dyeane
One of my guildies suggested that the event might have something to do with it.. people selling ecto to get money for the afk games.
Dawns Tide
With the game coming to an end after the next expansion, increase gold cap so everyone can stop whining about their loss of equity through rare items.
Croco Clouds
It feels so discouraging to farm ectos now (by looking at the merchant)...
But in my opinion, having the exemption of rare material is better than without it because there is less riot in the forum (First hard mode day was a crisis...) xD
But in my opinion, having the exemption of rare material is better than without it because there is less riot in the forum (First hard mode day was a crisis...) xD
Gimme Money Plzkthx
Several reasons. First, hard mode made many rare skin weapons easier to get, causing prices on all of those to drop market wide. Second, ecto and shards are exempt from loot scaling and normal mode AI is dumbed down, so they are easier to farm. More importantly however, at the beginning, people had less money and so ecto dropped some, but then people had more money and things were worth less as more rare skins popped up so ecto fell.
Mr_Cynical
Quote:
|
Originally Posted by Croco Clouds
But in my opinion, having the exemption of rare material is better than without it because there is less riot in the forum (First hard mode day was a crisis...) xD
|
omens
The funny thing is hard mode has made many farm run quicker and easyer. With the mobs attacking quicker means duel uw runs are quicker, as they will kill them selves quicker. Other things like 2 man foundry is also quicker, as the margos drop a better qza dn famine, and also die quicker too.
So in other words, quicker to get drops = more drops = lower prices.
So in other words, quicker to get drops = more drops = lower prices.
Silly Warrior
Quote:
|
Originally Posted by Cacheelma
I'd say the price is in the toilet when it's less than 3k each.
|
I agree, and at the same time I know that if it truly gets that low, I will go by myself some FoW armor as well!
Exploiting the economy...one ecto at a time.
Henchman
Here is another reason:
Since most farming has been nerfed, more people now turn to ecto farming, which leads to more ectos on the market, which leads to a lower price.
Since most farming has been nerfed, more people now turn to ecto farming, which leads to more ectos on the market, which leads to a lower price.
The Muffen Man
Is it a bad thing that ectos and for that matter most golds and other weapons and such are going down in price?
This is what Anet intended from the start thats why there is a 100k limit in trade, the messed up when they didn't do a roll back of the great rare material and rune price reset of '05 at which point a lot of people became very, very rich and prices went through the roof from there.
Besides which the people that have horded are stung but everything is cheaper so its a win win situation.
This is what Anet intended from the start thats why there is a 100k limit in trade, the messed up when they didn't do a roll back of the great rare material and rune price reset of '05 at which point a lot of people became very, very rich and prices went through the roof from there.
Besides which the people that have horded are stung but everything is cheaper so its a win win situation.